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

I don't get it, the insurgents want the USA out of there country, we are not leaving until things are in order so why do these morons keep killing and causing havoc when all they have to do is stop the trouble making and were out of there.
The Iraqi Government is a joke also, they seem not to want to do anything but fight among oneanother, and get nothing done, while there citizens keep dying and starving every day, It's really becoming a @#$%^&* joke.
Get your shite in order already............whatever it might be just get something done.

Originally Posted by haydenh

Hmmmm, Something keeps bugging me, I hope that some of you can ease my mind. What on earth are they using to determine what is going to be in the 2007 budget. They seem to have determined what they are going to spend, and therefore what they are going to earn. If I were running a business, and I knew there was going to be a price change in the near future, why would I got to the effort of putting big costings together that are going to change. Now I know that if they do it right, they can re-calculate instantly at a new rate, however it still puzzles me why they would bring out a big budget that has massive spending in it and costings based on the current rate. Now Iraq needs to outsource many of its resources like steel and everything else they need to build ports and so forth and those items cost a pretty penny. However if the RV goes through soon then the costings on projects will significantly reduce, anything that is being imported is going to cost less, and anything that is exported is going to produce significantly more. However this is assuming that all prices are based on the current value of the USD or EUR. It would be really interesting to see some of the details of the budget, what they are forecasting to see if this takes into account many of these things. They can’t work out what they are going to spend unless they know what they are going to earn, so have they used the current exchange rate. And again why would they do this if they know it is going to change potentially in the immediate future.

{{{{SNIP}}}}

they have known they were going to adjust the value of the dinar for some time now. theyve made a plan of what they want to get done before that time comes. you are seeing all those things checked off almost methodically although it takes them forever coz they are newborns at this. like i said before, the united states took what 14 years so its a wonder they can pull their heads out in 50.

since theyve known this revalue of the dinar was inevitable, theyve had to prepare the budget accordingly. i cant even imagine the legal workings and proceedures and mounds of paperwork that has to be completed to accomplish just one little thing let alone building an entire country.

yes, impatience lends to frustration and there is a ton of it amassed around the dinar. imagine the impatience of an iraqi mother who listens to her hungry child's belly growling at night.

some one please tell me is the investment law postphoned again or what or is it still going through on the 12th that artical looks like they are quoteing an old artical

By the way have any of you told anyone about Iraq's plans to give all it's citizens 10,000 dinar (6 US dollars )............ I had one guy laughing for an hour........... he thought is was a joke, I wonder why the US media didn't pick up this story since they love to report negitive things, I cant see this being positive in any way..........I meen really 6 dollars, I'm in NYC, I cant even buy a pack of cigs for that.
There has to be some kind of revalue for that to be a positive thing for the Iraqi people.

Originally Posted by CORY

some one please tell me is the investment law postphoned again or what or is it still going through on the 12th that artical looks like they are quoteing an old artical

theyve mysteriously quit talkin about that one and have moved onto the territories one. supposedly getting voted on wednesday although last week they said thursday. suffice it to say they are supposedly getting it done this week. the lot of it.

Originally Posted by archangel

By the way have any of you told anyone about Iraq's plans to give all it's citizens 10,000 dinar (6 US dollars )............ I had one guy laughing for an hour........... he thought is was a joke, I wonder why the US media didn't pick up this story since they love to report negitive things, I cant see this being positive in any way..........I meen really 6 dollars, I'm in NYC, I cant even buy a pack of cigs for that.

hell its a party to an iraqi, a 6 pack of coke and a candy bar!!

Originally Posted by shotgunsusie

they have known they were going to adjust the value of the dinar for some time now. theyve made a plan of what they want to get done before that time comes. you are seeing all those things checked off almost methodically although it takes them forever coz they are newborns at this. like i said before, the united states took what 14 years so its a wonder they can pull their heads out in 50.

since theyve known this revalue of the dinar was inevitable, theyve had to prepare the budget accordingly. i cant even imagine the legal workings and proceedures and mounds of paperwork that has to be completed to accomplish just one little thing let alone building an entire country.

yes, impatience lends to frustration and there is a ton of it amassed around the dinar. imagine the impatience of an iraqi mother who listens to her hungry child's belly growling at night.

Right on Susie. Economics is a mixed bag of folly and fact. The Iraqi's know they've got 70% unemployment, they know the average Joe on the street is in a world of hurt, and the infrastructure has only begun to be repaired. But then we read articles like kids are goin to school every day, even with the threat of death upon their little heads. Budgets come and go, they get changed constantly. Give the everyday Iraqi some substance to feed, cloth and house their family's, and half the battle is won right there. The friggen' world wants to invest in Iraq, they have untold trillions sittin' under their tents. The biggest military power in the world wants and needs this little empire to thrive, and it will. The bureaucrats have to wake up and "git 'er done" My teenage son's can balance a checkbook better than any of those parlaiment guys, but we're finally applying more pressure and with any luck some housecleaning will be done if they don't get with the program.

Originally Posted by archangel

By the way have any of you told anyone about Iraq's plans to give all it's citizens 10,000 dinar (6 US dollars )............ I had one guy laughing for an hour........... he thought is was a joke, I wonder why the US media didn't pick up this story since they love to report negitive things, I cant see this being positive in any way..........I meen really 6 dollars, I'm in NYC, I cant even buy a pack of cigs for that.
There has to be some kind of revalue for that to be a positive thing for the Iraqi people.

but iraq is not NYC and 6 USD is about one weeks budget for the average iraqi and, as was pointed out a while back, that is very similar to what the US did with the cash tax rebate not too long ago.

Baghdad Sadiq Alazarki :
The cost amounts to projects begun to be implemented by the end of last September and within development projects Territories more than eight billion and 823 million dinars.
This was announced by the Chief Engineer Abdul Hussein Hadi Mahmoud municipal administrator Hillah, He explained that the projects included tiling the streets revive veterans, officers, and the Republican Mahizm In the suburb of the martyrs and the professors and prisoners of war and missing persons.
He said : The flooring also included housing Street garage between Najaf and the old poet, as well as 60 down the street from the Street 40 and dignity and translated into an oven and freezer areas dignity second Flyer and the surfacing of the streets in the neighborhood Nader inspired weddings and Shnchol and the surfacing of streets alive engineers and Alakermin and live military and Hamza Wali and Chlios antifreeze panic and (3 kilometers) and the surfacing of the streets in the neighborhood I eldest In the suburb of irrigation and railway.
He pointed out that of the other work clothing streets eldest me length of 2500 meters and clothing streets of engineers and Alakermin and volatile neighborhood and the military judge, dignity and inspiration (Abu oil) Mqetrbat Bridge Faha (for Hussein) on the Court Square and the intersection door Hussein and the restoration of the guesthouse in the nursery building and the establishment of Altahmazih cascade municipal cm in small greenhouses and clothing streets in the neighborhood Nader (1.2.3), weddings and Shnchol and neighborhood and reduce industrial average carrot to 60 Street from the intersection to the bridge bits Revolution and the establishment of commercial building on the piece numbered 6 / 65 neighbors.


Hadi added that the projects implemented within accelerate reconstruction projects of the work included tiling the streets in the revival of the Revolution, July 17, military engineers and Alakermin and forward and veterans, at a total cost of eight billion and 523 million dinars and projects financed by donor countries, says Director of the municipality of Hilla, it included the tiling Sha OL 80 to $ 167 million and projects are implemented at the expense of the investment plan includes the construction and surfacing of a road in the neighborhood of professors and the surfacing of the second neighborhood park and a rare uprising inspired by the streets and clothing in the neighborhood of military and Mahizm Street revolution is also a two-way projects from the budget of the municipality of Hillah include maintenance of roads in Hilla, 60 and the surfacing of the street and the creation of circularity in the opening carrot echelon of the road to Baghdad disbanded and the restoration of the massacre Abivar and many other

Translated version of http://www.iraqigovernment.org/index-EN.htm

Originally Posted by clueless

but iraq is not NYC and 6 USD is about one weeks budget for the average iraqi and, as was pointed out a while back, that is very similar to what the US did with the cash tax rebate not too long ago.

Yes, and as I recall, that gave a nice little shot in the arm to the economy.