Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by tiffany

....politicians Adster....pocket-lining....greedy....no cares for the people they are working FOR....couple phrases that come to mind. Sad that it happens most everywhere...

BUT never have we seen the position of being able to MAKE these crazy loans...

Well, I have to say, that I have never heard of any of the U.S. Politicians complain about the money that they make. Not once have I seen a newspaper article about some senator claiming that he was broke because his wage was not covering what he was worth.

Originally Posted by choochie

Adster, are you trying to say you think that they wouldn't have a goverment after the r/v if this was true?

I'm saying that it's far too much money to be given out, even via a loan if it revalued at 1:1! A lot of them will head straight off to Dubai and not come back! Seriously, their people would be up in arms.

Just don't see how they could justify giving out what would be equivalent to $20 million per house representative if it r/v's at 1:1 (albeit being a loan.)

Originally Posted by Adster

I'm saying that it's far too much money to be given out, even via a loan if it revalued at 1:1! A lot of them will head straight off to Dubai and not come back! Seriously, their people would be up in arms.

Just don't see how they could justify giving out what would be equivalent to $20 million per house representative if it r/v's at 1:1 (albeit being a loan.)

But I'm sure that is why it was LOAN, to ensure that they kept working. I know that with the reval, it could be paid off right away, but we also don't know what was in the paperwork that they signed for that loan. It could be stipulated in there that they have to stay active for so many years, or pay penalties....blah....blah....blah, the point is, we just don't know the details.

Originally Posted by Adster

There are two ways of looking at this depending which way you see it. Yes they are greedy so and sos out to make sure they are well sorted financially but to the extent of a loan of say $20 million EACH if it r/v's at 1:1 after? hhmmm............

Adster, maybe the RV is lower like .31 USD. These guys only get one shot at this revalue. They aren't going to screw it up. Like Gorden Gheko says " GREED IS GOOD".

Originally Posted by Adster

I'm saying that it's far too much money to be given out, even via a loan if it revalued at 1:1! A lot of them will head straight off to Dubai and not come back! Seriously, their people would be up in arms.

Just don't see how they could justify giving out what would be equivalent to $20 million per house representative if it r/v's at 1:1 (albeit being a loan.)

I agree, IF this is an indication of a pending revaluation, then a 1:1 reval is highly unlikely. I agree the incentive is there to justify the seeming low amount of the loans (20 Million isn't much right now) to get the ball rolling.

However, at a reval of .02 the principle loan amount would be valued at roughly $14,000USD and the new value (after a reval of .02) would be $400,000USD. More than enough to pay off the loan and have a whole lot left over to live very comfortably, but not to an extreme.

Maybe I need to oil my gears.....after all, this is just one grease monkey's opinion!

Originally Posted by Adster

I'm saying that it's far too much money to be given out, even via a loan if it revalued at 1:1! A lot of them will head straight off to Dubai and not come back! Seriously, their people would be up in arms.

Just don't see how they could justify giving out what would be equivalent to $20 million per house representative if it r/v's at 1:1 (albeit being a loan.)

I disagree, most members of congress here in the U.S. are multi millionaires. Thats what you do when you have so much money you dont have to work for a living. You seek power over others lives.

I can see both sides of the situation though. The question is why are they getting it. But it doesnt go far at the current rate. However, if it were given in anticipation of a revalue, it could be a payoff for cooperation in getting the security situation resolved. If so, it may indicate a lower RV and not 1:1 or higher. Just a thought.

Looks like a few of us are on the same page. lol

My own thoughts are it points to a lower r/v figure. Not what we want to hear but a lower r/v and a float will give us the same results as a higher pegged amount, just may take a bit longer.

At this point I'd be happy to take a 'smaller' r/v (within reason!) just to get this moving......Sure there are others who feel the same.

I HAVE ONE THING TO SAY ABOUT THEM GETTING EACH 20 MILLION DINARS
IT SURE DID LIGHT A FIRE UNDER ALL OF US

Originally Posted by choochie

But I'm sure that is why it was LOAN, to ensure that they kept working. I know that with the reval, it could be paid off right away, but we also don't know what was in the paperwork that they signed for that loan. It could be stipulated in there that they have to stay active for so many years, or pay penalties....blah....blah....blah, the point is, we just don't know the details.

Or like a 'contract' of sorts...we'll loan you the money, providing that you stay working in your position and the payments will be automatically deducted from your paycheck....

Just thinking out loud...would prevent them from skipping off to Dubai before they repaid though!