Thread: "Marshall Plan=International Compact" Originally posted by paynes1

I know we don't like discussing "that other forum" but I think it would be in ALL of our favor if a few knowledgable people go check out the thread "Marshall Plan=International Compact" posted by paynes1. This guy is really onto something I believe!!! He is tying everything in together, including HOW it is possible to have a HIGH REVAL and even a possible explanation for the 10,000 dinar being distributed to the Iraqi's. This is WELL WORTH the read!! And we need to discuss it too!! MAN! HE GOT ME EXCITED!!

Sorry if I posted in the wrong area Neno, but this thread gets the MOST attention and I think this is important. Feel free to move it.

Cheers!
DayDream

Originally Posted by DayDream

I know we don't like discussing "that other forum" but I think it would be in ALL of our favor if a few knowledgable people go check out the thread "Marshall Plan=International Compact" posted by paynes1. This guy is really onto something I believe!!! He is tying everything in together, including HOW it is possible to have a HIGH REVAL and even a possible explanation for the 10,000 dinar being distributed to the Iraqi's. This is WELL WORTH the read!! And we need to discuss it too!! MAN! HE GOT ME EXCITED!!

Sorry if I posted in the wrong area Neno, but this thread gets the MOST attention and I think this is important. Feel free to move it.

Cheers!
DayDream

Why didn't you copy and paste it here for all of us who can't get in over there?!

Its basically 3 pages of info. Surely you aren't suggesting I steal it? But I will if I have to.

Cheers!
DayDream

Originally Posted by Par77

Why didn't you copy and paste it here for all of us who can't get in over there?!

DayDream, just copy and paste it in a New Thread. You Title it. This way it want mees the news thread up. Or you can put it in the Hash it out Thread mi started for thing like this.

Your note staeling just list Origanially Post by. I would do it. But I am banned from the Hello Thread over there.

Ok. May take a few minutes...Be Right Back.

Cheers!
DayDream

Originally Posted by neno

DayDream, just copy and paste it in a New Thread. You Title it. This way it want mees the news thread up. Or you can put it in the Hash it out Thread mi started for thing like this.

Your note staeling just list Origanially Post by. I would do it. But I am banned from the Hello Thread over there.

Thank You Neno, YOU ARE JUST THE BEST!!!

Originally Posted by DayDream

I know we don't like discussing "that other forum" but I think it would be in ALL of our favor if a few knowledgable people go check out the thread "Marshall Plan=International Compact" posted by paynes1. This guy is really onto something I believe!!! He is tying everything in together, including HOW it is possible to have a HIGH REVAL and even a possible explanation for the 10,000 dinar being distributed to the Iraqi's. This is WELL WORTH the read!! And we need to discuss it too!! MAN! HE GOT ME EXCITED!!

Sorry if I posted in the wrong area Neno, but this thread gets the MOST attention and I think this is important. Feel free to move it.

Cheers!
DayDream

You are right, outstanding read.

This taken from somewhere else and probably needs discussed further. Long read, but worth it.

_________________________________________________

By paynes1

Marshall Plan = International Compact
The Marshall Proposal of Assistance to Europe, July 10, 1947; European Recovery Program; Secretary of the Treasury, Alphabetical File; John Snyder Papers.

The Marshall Proposal of Assistance to Europe, July 10, 1947; European Recovery Program; Secretary of the Treasury, Alphabetical File; John Snyder Papers.
The International Compact.
http://www.iraqcompact.org/documents...%205%20Sep.pdf
Compare the two and you see alot of simualrities. The Marshall Plan is four years long and the International Compact is 5 years long. The Imf has stipulated that 5 years is the most aid can be received. It all has to do with bolstering exchange rates between the Donnor countries. The peg is going to happen and more than likey be substantial. Read and you decide.
-------------------------------------
Marshall Plan

More supporting Documents
from the truman library.
The Marshall Plan: Documents
---------------------------------------
There is alot of info here that links the marshall Plan together with the International Compact for Iraq.

I will start with the Marshall Plan.

The Marshall Proposal of Assistance to Europe, July 10, 1947; European Recovery Program; Secretary of the Treasury, Alphabetical File; John Snyder Papers.
The Parts of the document itself that I want to share with you will not copy and paste.

Read It.



Pg 2 Finally, the maintenance of a stable monetary system is to be assisted by the International Monetary fund................

Pg 5 in a number of different ways continued Inflation leads directley and indirectly to a exhaustion fo foreign reserves:
( Iraqs current inflation is %50 or Higher)

pg 6 With the matience of a fixed exchange rate - as has been the rule after the second world war............................................... .....
pg 7
A comprehensive programe for financial and monetary reconstruction..............
Pg 7& 8
In the stabalization program a part of the foreign resources.............

pg 8 an increase in money wages , unwaranted by increased supplies of goods an services.............................( sound familar not to long ago they increased some wages in Iraq)
Pg 8
A cleaning up of the positon of the central bank.....................
(i)
(ii)
PG 9
The Estblishment of realist exchange rates...................................

Pg 11 Such a transferability is of course......( a maximum delay of five Years)......articles of agreement of the International Monetary Fund.
( The marshall Plan lasted four Years from 1948-1952. The International Compact for Iraq is to last 5 years the maximum in the articles of agreement.
Pg 3 of 18 first sentence of the executive summary.http://www.iraqcompact.org/documents...%205%20Sep.pdf
Pg11
Financially the foreign assistance would be used.......................
(i)
(ii)
(iii)
PG 12&13
Main objective of American Policy.........................................
(i)
(ii)
(iii)


The Primary purpose of the Marshall Plan was to stop comunist agression.

"The emerging doctrine of containment argued that the United States needed to substantially aid non-communist countries to stop the spread of Soviet influence. There was also some hope that the Eastern European nations would join the plan, and thus be pulled out of the emerging Soviet blo........

Marshall Plan - Wikipedia, the free encyclopedia
The German civilians were given a advance of 40 Deutesche Marks imediatley and the remaining 20 were given 60 days later.
Page 3
This is the same thing that Iraq has done with the 10,000 Iraqi dinar advance.
before a revalue of the currency.

The International Compact For Iraq
Remember the reason we had the marshall plan was to stop communism.
The compact will allow a democracy to take hold in a Islamic nation that controls oil. It will also bring the fight closer to the nations that harbor terroist. A revalue is not the whole answer but it will still play a big part.

Next question

Why would we go to war Iraq and then turn around an rebuild it.
1 Saddam had switched from Us reserves to euro as reserve
2 Easily extracted oil from Iraq
3.Iraq would be friendly to Us and opec would have less power over prices.
4.Maybe Peak oil
5. The constant increasing # of Radical Islamist who would kill us as Infidels because we live in a christian country.

-----------------------------------
How will they support a $1.00 or more revalue with only 12 billion in reserves.

The International Comunity is offering the International Compact for Iraq
and the United States has been the driving force behind the debt forgiveness of the Paris Club and the War Reparations paid to Kuwait.
Since the US has a vested interest in seeing a Stable Iraq that can influence foreign Policy in the region I think the will be using Exchange Stabilization Fund of the US Treasury.
U.S. Treasury - Exchange Stabilization Fund
The bottom section of how the Esf operates is what needs to be read.

How much money can the US Spend on defending the Iraqi Dinars exchange rate?
http://www.treas.gov/offices/interna...ent_082006.pdf
As you can see there is alot of money in this fund.
You must also ask your self why was it so important that the secretary of the treasury attend all the meeting about Iraq?
Henry Paulson has done so.

My whole point bringing all this up about Marshall Plan is that there will be a high revalue in order to bring Iraq in line with other western friendly oil producing Nations. Its going to defy logic on how they can do such a high revalue with just 12 billion in reserves. The International Comunity especially the ones that forgave the debt will see that this happens.
The passing of the Fil is proof.
--------------------------------
The Marshall Plan lasted from 1948 to 1952 in economic aid The International compact has 5 years once it starts. We are one step closer with the passage of the Fil.
---------------------------------
Questions
1) How much foreign reserve did Germany have during that timeframe?
2) Did they RV or reissue? I've seen people post both ways on this and I haven't the time to do substantial research on this.

I cannot get past the fact that there is over 15 trillion Dinar floating around. This is an absolutely astronomical figure for any country. I'm quite sure that the CBI will use standard controls to remove physical currency over time, but that would take a while given the amount.


1) I dont have the numbers but inflation was running in the triple digits and was eating away at any reserves they had after the war. High inflation is bad for foreign reserves. Iraq right now has a 70% inflation rate.
How they killed the inflation was to make the exchange rate realistic compared to other countries.
2) Germany switched from the Reichsmark to the Deutsche Mark June 21,1948. Here is a Link
German mark - Wikipedia, the free encyclopedia
There are 14 denominations of dinar in circulation with only 9 in use.
The other 5 denominations are supposed to be 1 ,5,10,20, 50.
The only reason they would have this extra currency is in the case of a revalue.
-----------------------------------
What I am saying is when the International Compact is done it will start the 5 years of aid just like the marshall plan. They are in a hurry to get it done.
http://www.iraqdirectory.com/DisplayNews.aspx?id=2285
The Fil was passed and the International Compact is Moving ahead the same day. At this point there will be no currency reprint or zero lopp becuse the deal is almost done. Once again the revalue will defy logic at the amount it will come out at.
--------------------------------------
10-10-06
All the leaders were present
Secretary-General Kofi Annan’s Special Representative Iraq Ashraf Qazi and Iraqi Deputy Prime Minister Barham Saleh co-chaired the meeting, which was also attended by senior Iraqi ministers and Government advisors, with a video-link to the European Union (EU) presidency, World Bank, UN Headquarters in New York, the Arab Fund and the Islamic Development Bank.

http://www.iraqdirectory.com/DisplayNews.aspx?id=2285
This is the real deal.
-------------------------------------
More International compact meetings scheduled ahead.

The meeting discussed progress made thus far, and the upcoming steps to ensure success of the ICI. These steps will include, among others, expanding and reviewing the ICI draft to reflect comments by Iraqi officials and donors. Outcomes of the first round of Sector Working Groups and the second iteration of the ICI Document as updated will be presented to the Preparatory Group Members at the next PG meeting to be held on Oct 19 in Baghdad.

From another thread
UN-sponsored International Compact for Iraqi development moves ahead - Investor's Iraq Forum
---------------------------------
Henry Paulson Secretary of the treasury

"Today, "Federal Reserve notes" are officially recognized as "SDR's" -- Special Drawing Rights under the amended Bretton Wood Agreements Act, Public Law 94-564. [See: Legislative History, Senate Report No. 94-1148, October 1, 1976] Quoting from the Legislative History, to wit"

"Preceding the de facto transition, a number of other things had occurred. Pursuant to 22 USC 286, the President was authorized to accept membership for the United States in the International Monetary Fund ("The Fund"), and in the International Bank For Reconstruction and Development ("The Bank"), provided for by the "Articles of Agreement of the Fund" and the "Articles of Agreement of the Bank", as set forth in the "Final Act of the United Nations Monetary and Financial Conference" dated July 22, 1944, which are deposited in the archives of the Department of State. These Acts are commonly known as the Bretton Woods Agreements. They are international agreements. The Articles of Agreement assert that those holding.............

"On March 18, 1968, Congress passed "An Act to Eliminate the reserve requirements for Federal Reserve Notes and for United States Notes and Treasury Notes of 1890", Public Law 90-269, 82 Stat. 50. This Act was designed to remove the remaining reserve requirements on circulating notes and obligations. $1.3 billion in gold was "pledged" against "gold certificates" and held as reserves against circulating notes and obligations. Under this Act the gold certificates would be withdrawn and retired, then the gold would be considered as "free gold" and paid out to foreign interests at $35 per ounce. The monetary reserves of gold and gold certificates ......

This was the start of the petro dollar float with Saudia Arabia.

The operations of the Exchange Stabilization Fund and now the SDR's are under the "exclusive control of the Secretary of Treasury" and "are not reviewable by any other officer of the United States". Anything in the ESF remains in the Fund, for the use of the Fund. This new program is subject to the Articles of Agreement of the IMF in accordance with Section 3 of the SDR Act of 1968. Of course, the "Secretary of Treasury" is, in reality, the "Governor" of the IMF, and is not an officer of the United States. [See: Public Law .......................

The "Secretary of Treasury" [Governor-IMF] issues an international letter of credit called a "Special Drawing Rights Certificate" to the Federal Reserve Banks "in such form and in such denomination as he may determine". The SDR is deposited in the Federal Reserve Banks which in turn credits the account of the Exchange Stabilization Fund (ESF) with Federal Reserve Notes in an amount equal to the value of the SDR certificate. SDR's became the "collateral security for Federal Reserve Notes". The "Secretary of Treasury" [Governor-IMF] issues an international letter of credit called a "Special Drawing Rights Certificate" to the Federal Reserve Banks "in such form and in such denomination as he may determine". The SDR is deposited in the Federal Reserve Banks which in turn credits the account of the Exchange Stabilization Fund (ESF) with Federal Reserve Notes in an amount equal to the value of the SDR certificate. SDR's became the "collateral security for Federal Reserve Notes..........................................

Holy crap Batman did you see that.

link
The Truth About Money
------------------------------------
Henry Paulson
The Secretary of the Treasury can move money through out the Federal Reserve System or to a Foreign bank such as Iraqs Central Bank. He can do this through the Exchange Stabilization Fund and he does not have to have approval from congress to do it or anyone for that matter. Henry was appointed by Bush to be the new secretary. That is the only control Bush has over Treasury.

The Treasury when in need of money will ask Congress for it, and when approved ,the treasury will ask the Federal reserve to print it for them.
Ben Bernanke is the chairman and he will authorize it. Bernanke was also appointed by Bush to be the chairman. This is the only control he has over the Federal Reserve because it is independently owned by a cartel of banks.

The treasury went from the gold standard to fiat money. (Fiat money= Federal Reserve notes in our back pockets) To do this under the Bretton Woods Agreements act this gave the Imf power over our Money.

Who owns the Federal reserve?
The Federal Reserve Bunk
If you read about half way down the page you will see that the majority of the banks that own our Federal Reserve are Foriegn Banks. If you doubt me, google Who owns the federal reserve, and there is alot of Information on that.

This book helped me understand alot about our financial system and I found it here on this forum when I first became a member and it is worth a read.
Creature From Jekyll Island; A Second Look at the Federal Reserve (book)
You can use the library # on the bottom of the page and go to you local and check it out.

Has anyone noticed that Chase Manhattan Bank of New York controls all 11 Federal reserve Banks and that Chase is selling Dinar at this time. All of these Banks are going to make a killing on the exchanging of the Dinars or they would not be selling them.

If you Trace the roots of the US dollar, it is now tied in directly with the United Nations, World Bank, and International Monetary Fund. And these are the Individual Instititions that are in direct talks with Iraq about the International Compact.

Maybe peak Oil or maybe just greed. ( you decide)

By memorandum dated January 29, 2001, President Bush established the National Energy Policy Development Group (“NEPDG”) “to develop a national energy policy designed to help the private sector, and as necessary and appropriate, Federal, State, and local governments, promote dependable, affordable, and environmentally sound production and distribution of energy.” J.A. 157. The President directed Vice President Richard B. Cheney to lead the group. J.A. 157. Various cabinet and other high-level Executive Branch officials were named as members. Id. Andrew Lundquist was made Executive Director. J.A. 143.



After several months of deliberations, on May 16, 2001, the NEPDG submitted a report and recommendations to the President. NEPDG, National Energy Policy: Reliable, Affordable, and Environmentally Sound Energy for America’s Future at ii (2001). The NEPDG published its report and recommendations, with the approval of the President, on or about that same date. On June 28, 2001, President Bush transmitted the NEPDG’s report and recommendations to Congress. 37 Weekly Comp. Pres. Doc. 988.

This task force was headed by Dick Cheney and had other members of the gas and oil industry as a executive board on trying to decide how to carve up Iraqs oil fields.

The Lawsuit
http://www.judicialwatch.org/cases/67/nepdgfinal.htm
They all set down in January of 2001 to decide how to carve up the oil fields prior to us invading Iraq on March 20, 2003.

Here are The Maps they are declassifed information because of the freedom of information act.
This is Iraqs
http://www.judicialwatch.org/IraqOilMap.pdf
Here they are trying to fiqure out the best Foreign suitors for Iraq.
http://www.judicialwatch.org/IraqOilFrgnSuitors.pdf
http://www.judicialwatch.org/IraqOilFrgnSuitors.pdf
The press release from the court case.
Judicial Watch
I personally believe in peak Oil. The #1 reason is I believe that oil is a finite resource that is not going to last forever.
Dick Cheney and his group of advisors had to have some reason to plan a war for natural resources. There were no weapons of mass destruction so why the early Planning to invade Iraq.

Here are 2 links about Iraq that dont fit the mainstream view of what is going on in Iraq.
AlterNet: War on Iraq: Bush's Petro-Cartel Almost Has Iraq's Oil
Revisited - The Real Reasons for the Upcoming War in Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth, by William Clark, updated: Jan 2004
I believe the war we are seeing today has been planned for at least 3 yrs prior to Bush Taking Office. I also believe that the International Compact= Marshall Plan and this was planned out along time ago and the Dinars value will have to increase because of it. Iraqs Goverment will be bound to the obligations and commitments of the Imf , World Bank, World Trade Organization, United Nations, and Treasury Of the United States of America.
The Idea of a Zero lopp or a Reprint is out of the qestion at this point.

--------------------------------
ANY THOUGHTS!
Cheers!
DayDream

Originally Posted by DayDream

Ok. May take a few minutes...Be Right Back.

Cheers!
DayDream

I will move all this there and start you a thread called ""Marshall Plan=International Compact" posted by paynes1". Just post it in there.

Ok, I have it posted in a new thread titled:

Marshall Plan=International Compact

Hope everyone agrees that payne is onto something here. I tried to break it down as much as possible.

Cheers!
DayDream