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

I was just watching CNN. A huge ammo depot has caught fire! Huge fire, looks like when we first started the bombing Iraq! It was probably terrorist!




To much good news in Iraq can be deadly!!!!!!!!!!!!!!!!

I still just bought more though!!!!!!!!!!!!!!

Originally Posted by goldraker

The link is all of a sudden not working! How much was in there?

ASSETS
Special Drawing Rights
Special Drawing Rights Holdings 8,725,733,281.03
Accrued interest receivable on Special Drawing Rights holdings 28,684,954.51
Total Special Drawing Rights 8,754,418,235.54
US Government Securities
Investments in US Government Securities 15,644,889,455.62
Total US Government Securities 15,644,889,455.62
European Euros
Deposits with Official Institutions 5,946,150,508.33
Securities:
Held outright 3,815,672,255.77
Held under repurchase agreements 2,121,091,475.82
Accrued interest receivable on Euro investments 110,851,625.93
Total European Euros 11,993,765,865.85
Japanese Yen
Deposits with official institutions 2,635,863,653.68
Securities 5,416,683,048.70
Accrued interest on Yen investments 6,159,495.86
Total Japanese Yen 8,058,706,198.24
TOTAL ASSETS 44,451,779,755.25 $
LIABILITIES AND CAPITAL
Liabilities
Special Drawing Rights Certificates 2,200,000,000.00
Special Drawing Rights Allocations 7,293,048,395.60
Accrued charges payable on SDR Allocations 23,975,144.70
Accrued interest on charges payable on SDR Allocations -
Due to Treasury (0.00)
Unearned Income and Advances -
TOTAL LIABILITIES 9,517,023,540.30 $
Capital
Capital Account 200,000,000.00
Retained Earnings 34,734,761,080.51
TOTAL CAPITAL 34,934,761,080.51
TOTAL LIABILITIES AND CAPITAL 44,451,784,620.81 $
EXCHANGE STABILIZATION FUND
STATEMENT OF FINANCIAL POSITION, p
AS OF AUGUST 31, 2006
Current Month Fiscal Year
INCOME and EXPENSE
Special Drawing Rights
Net interest (charges) on Special Drawing Rights 4,702,430.56 39,949,938.50
Net gain (loss) on SDR valuation 4,492,573.46 36,228,734.31
U.S. Government securities
Interest earned on U.S. Government Securities 70,151,166.51 616,636,595.29
Foreign Exchange
Interest earned on Foreign Currency Denominated Assets 32,737,163.32 296,287,629.68
Net gain (loss) on Foreign Exchange valuation (177,764,447.02) 393,420,251.21
Net Income (Loss) (65,681,113.17) 1,382,523,148.99
p preliminary
EXCHANGE STABILIZATION FUND
STATEMENT OF FINANCIAL POSITION, p
AS OF AUGUST 31, 2006
p preliminary
Sensitive
Unclassified
1.
2.
3.
EXCHANGE STABILIZATION FUND
NOTES TO THE FINANCIAL STATEMENTS, p
AS OF AUGUST 31, 2006
Foreign currency denominated assets and liabilities are revalued daily -- and reported monthly -- to
reflect fluctuations in market exchange rates. These fluctuations in market exchange rates are
reported in the Statement of Income as "Net gain (loss) on valuation." This gain or loss is unrealized
to the Exchange Stabilization Fund until such time as the Fund sells the currency.
The Exchange Stabilization Fund carries several long-term instruments in its portfolio. Some of
these instruments may have been purchased at a premium and others may have been purchased at a
discount. These instruments are reported at cost. Cost is reflected as a face amount paid for the
Premiums (which are amortized) and discounts (which accrete) are allocated to expense
(amortization expense) and revenue, respectively, over the life of the instrument.
The ESF had an exchange stabilization agreement with Mexico for $3,000 million; this agreement
was renewed in December 2004 for an additional year. No drawings were outstanding under this
agreement.

Originally Posted by PAn8tv

found on IIF by Paynes1

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

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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.

WOW! Well that takes care of my last bit of doubt. I wonder how this info reads with the nay-sayer's who have been positive that it could never work - on the site who's name we do not speak....

Originally Posted by Adster

Let's see it again!


Voices of Iraq: Parliament-Investment (urgent)
Posted by: saleem on Tuesday, October 10, 2006 - 12:58 PM

Parliament-Investment (urgent)
Iraqi parliament unanimously passes investment law
By Kawther Abdul-Amir
Baghdad, Oct 10, (VOI) – The Iraqi parliament unanimously passed on Tuesday the investment law.
Parliament deputy speaker, chairing the session, said the investment law was passed unanimously as all 180 legislators present at the parliament 46th session voted for the investment law.
Although Iraqi law makers expressed some reservations during a two-week discussion of a draft investment law, the law was passed unanimously
http://www.aswataliraq.info/modules...order=0&thold=0

Thank You CONDI....
OSOK

44 trillion - 10 trillion =s we are Edit-neno RICH.................!!!!!!!!!!!!!!!!

CNN NEWS...Just reported...waiting for update...no joke....check it out will report back after update.

Originally Posted by Par77

CNN NEWS...Just reported...waiting for update...no joke....check it out will report back after update.

Likely a story about Blasts at U.S. ammo depot in Iraq. Blowing up Bagdhad headline is likely just to try to get people to watch.

Just a little ammo fire.....................

It will be out tomorrow!!!!!!!!!!

No biggee, I just bought a truckload more!!!!!

Originally Posted by Par77

CNN NEWS...Just reported...waiting for update...no joke....check it out will report back after update.

Not today!!! what happened?

Originally Posted by celilo

Likely a story about Blasts at U.S. ammo depot in Iraq. Blowing up Bagdhad headline is likely just to try to get people to watch.

Just contained to that one army depot thats all. Everyone evacuated no problems.