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

Originally Posted by Onenomad

Giving money to the people is very common in Oil Rich nations the Saudi's do it Kuwait does it and I believe Alaska does it (SGS confirm please) so this wouldnt be abnormal. These people (and countries) are very wealthy and its one of the reasons im sure as they grow (and open) their economy security will get better and better. Once all these meetings stop and action starts you will see huge reduction in killings JMO

dividend yearly for all residents who remain in the state for a required period of time during the year.
various amount due to price fluxuation of oil.

Originally Posted by texaslonghorns

If they don't revalue, this 10,000 dinar is worth 6.78. Hardly something that would inspire any kind of excitement from a Iraqi.

But if it were to revalue and it became worth $10,000 USD, It would be a huge boon to not only their economy but the entire way of life. It's not like they world blow every dime. Most I'm sure would save it. Plus prices would be adjusted to the rest of the world. Basically the rest of the world would fund this little gift through the ForEx and forgein investment. Just a couple more reasons to revalue soon(before Ramadon ends). $6.78 does nothing for these people!

these people are PI$$ED!
... this should soothe them nicely...

Originally Posted by Offshore-Wealth.com

...Like I have said before, they have too many illiterates in parliament, and since they have also announced many were to be axed, then this too was shelved or delayed, sure makes you wonder why so many i*d*i*o*t*s are in these positions of respect. Hell, most cannot even get to meetings on time, so does this mean they cannot tell time, or are they just stupid? I know one thing for sure, put SGS in as prime minister and this would be a done deal. LOL
Good luck to all, Mike

woOt!!!

Hey, what do think COndi is doin over there.... REALLY?

Originally Posted by spice12

Hey, what do think COndi is doin over there.... REALLY?

HOPEFULLY KICKING A FEW TAILS AND TAKING NAMES

Plus if this RV's it would look better on the elections that are coming up here, hmmmmm

RV ALREADY

Originally Posted by Nomrah I

If the average Iraqi lives on about $1 a day - $6.78 is a weeks salary - plus a little for something extra. I don't think they're looking to "set anybody up" It's just a gesture of good will - No rv before this happens - they are not going to give every citizen 10 grand.

i disagree. what a better way to get the people back on their side than to give them a healthy piece of change with the promise that theres more where that came from? i would start shapin up or shippin out right quick if it were me livin over there!!
these people arent for the most part heathens, its just that theyve been treated that way for too long.

O.K. for all you that wanted to know what denoms. I got from the bank, they were all 25,000 notes. This was their first transaction doin this, so I asked them if I ordered again, if I could get different denoms. They checked their system, and said yes I could, but I would have to specify exactly how I wanted it when I ordered it. EX..I order 100,000 and I would have to tell them 2-25,000 3-10,000 2-5,000 and 10-1,000 . If you don't specify, you basically get what you get.

Any news on that secret meeting today with MOI and the media?

Originally Posted by shotgunsusie

i disagree. what a better way to get the people back on their side than to give them a healthy piece of change with the promise that theres more where that came from? i would start shapin up or shippin out right quick if it were me livin over there!!
these people arent for the most part heathens, its just that theyve been treated that way for too long.

Originally Posted by boogirl

$6.78 is a lot of cash to most people in this war torn country with 50-60% unemployment... They wouldn’t offer this amount if it was an insult. It’s a BIG deal to have money to give on this very special day. Remember these people are not like us spoiled Americans, having $6.78 per person given to them to share on this most Holy day is awesome to them.

However, it would make a great time for a reval.

But it looks more like mid to late Nov. to me.

As always, I hope I’m wrong about the date.
Boo



Eid al-Fitr

Ramadan ends with the festival of Eid al-Fitr, which in 2006 occurs on Oct. 24. Literally the “Festival of Breaking the Fast,” Eid al-Fitr is one of the two most important Islamic celebrations (the other occurs after the Hajj, or pilgrimage to Mecca). At Eid al-Fitr people dress in their finest clothes, adorn their homes with lights and decorations, give treats to children, and enjoy visits with friends and family.

On the morning of Eid, everyone gets up very early to go to the prayers. These are special prayers, held only at Eid. They are held only in very big mosques, or in large open areas, such as football stadiums. They are held about 80 minutes after sunrise, so in the summer months it is very early.

After the prayers everyone goes home to eat breakfast and then the celebrations really begin. It isn’t common for children to receive gifts. Instead they receive money. The money should be in the form of a brand new bank note or coins. The amount given is small, usually in the region of about $3, but still they get plenty. Everyone who visits the children, or everyone whom they visit, gives then the gift of money. In a large extended family, with lots of friends, the children can end up with a small fortune!

A sense of generosity and gratitude colors these festivities. Although charity and good deeds are always important in Islam, they have special significance at the end of Ramadan. As the month draws to a close, Muslims are obligated to share their blessings by feeding the poor and making contributions to mosques.

They Could give this as a gift for the families and children at the current rate. Nice thought for the government to do to help celebrate. Oh, Well,.....lots of kids would be happy

Originally Posted by kawih2750

If they give this 10,000 to the iraqi people and then they reval, all of that money goes back into the economy and everyone is happy.

by george youve got it!!!
its called stimulating the economyyyyyyyyyyyyyyyy
weeeeeeeeeeeeeeeeeeee!!!!!!!!!!!!!!!!!!!