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

makes no sense at all for me

$126 in salary after a reval
$4 to the officer for meal

This whole thing makes no sense at all for me, and why does this comes out now and not after. If they did the reval and then adjusted the amounts it would make more sense to me


or are we just talking RAISE in salary?

Originally Posted by neno

And a adjustment to a r/v is simple when it happens. They are just adjusting the pay hikes at the moment......and for so many. so you would think dam they got to print more dinar. Nope. then comes the r/v. Then comes the adjustment all in motion.

Example:
1. Say 1:1 r/v , Instead of giving the officer 7000nid's he will get just 4nid's.

2. Teacher gets 200,000nid raise = $126.00, After r/v if it was 1:1 then the Teacher gets 126nid's.

This is how I see that it will and can adjust in a split second. IMHO. Makes since.

WE all need a boost now but best part is we have all of us in the same boat and that is alot of fun!

Originally Posted by MrsCK

WE all need a boost now but best part is we have all of us in the same boat and that is alot of fun!

But I See that they are taking of their Internal needs at the moment first. With all these raises and laws passing with still security being worked out with a 4 month old government, I give them a Thumbsup. You all should know by now that a r/v is coming. IMHO I see them doing all the Internal needs first. This will make the r/v simple when it happens. And It will..........Dont be down. Be excited for the Iraqi People. There needs are much more important for them to feel safe and secure and stop fleeing Iraq so the country will prosper and be able to support a r/v when it happens. Again, "IT WILL". Cheer Up......

BBS NEWS
Bleak news

National security has traditionally been the Republican party's strong point; helping it to victories in the last two election cycles. So will it have the same effect again?
Or will public frustration with progress in Iraq outweigh the slight advantage that the Republicans still enjoy on the issue of fighting terrorism?

The odds, at this stage do not appear to favour the party in power. For a start, the recent news from Iraq has been particularly bleak.

On the military front, 13 US soldiers died last week, while over the past month at least 776 American troops were wounded - the highest monthly total for two years.

October's figures could be even worse.

On the political front, meanwhile, there seems little cause for optimism.

During her recent trip to Baghdad, US Secretary of State Condoleezza Rice brought a message of frustration with the efforts of the Maliki government to control inter-ethnic conflict.
And then, on the same day - although somewhat obscured by the Mark Foley furore - came the stark words of Republican Senator John Warner, the respected head of the Senate Armed Services Committee.

Fresh from his own trip to Iraq, he described the country as "drifting sideways" and gave the government there two to three months before Washington should - as he put it - "think about a change of course".

It was a statement which seemed to catch the White House unawares - and which has since been given the backing of former Secretary of State James Baker, the Republican grandee given the task, by President Bush, of reviewing the administration's Iraq strategy.

At a White House news conference on Wednesday, President Bush responded to the observations of the two senior Republicans.

"I don't hear those people saying "get out before the job is done'", he said, adding that the US military was already adjusting its tactics as the situation on the ground demanded.

But perhaps even more damaging was the leak, last month, of the US spy agencies' collective take on Iraq; the National Intelligence Estimate or NIE.

It stated that the country had become a "cause celebre" for jihadists and noted that the conflict there was increasing the threats to US interests - both abroad and at home.

And that conclusion is, of course, a direct threat to the argument for remaining in Iraq, which resonates loudest across the United States - that it is better to fight the terrorists over there than to fight them here.
Scandal drowns out Iraq

Conversely, the Republican Party can point to the absence of any major terrorist attack on US soil since 9/11 and to the other conclusion of the NIE; that an American defeat in Iraq would only embolden the terrorists.

Expect to hear more about the Democrats' failure to reach a unified position on the issue - one of the most important factors, it would seem, in helping the Republicans keep their advantage on national security.

Although, in what is, essentially, a series of local races, the question of party unity will be less important than it would be in a presidential campaign.

Yet - for the moment - Republicans are finding it difficult to make their case heard.

And not just on Iraq. The Foley scandal fallout is still dominating the airwaves; pushing other issues - including those of war and peace - out of the spotlight.

Even the one Iraq war veteran running for the Republican Party in November's congressional race does not include the fight against terrorism among the five main issues he lists, which differentiate him from his Democratic opponent.

Events on the ground could change the momentum, but - for the moment - there is little doubt that that Republicans are feeling less secure than usual about running as the party of national security.

A RV before ELECTIONS may help - thoughts???

Originally Posted by neno

A adjustment is just as easy.

All of these figures you see quoted like 7000 dinar for meals etc don't matter. These people in government that set these various quotes don't know anymore than we do do about a revaluation of the dinar. They are going off of the current rate. The quoted prices will be adjusted as required to come in line with the rest of the revalued economy. We do see though that this will be a longer process than most of us probably thought. At this point I am totally lost as to where they are headed. I do know they have 90 days to get it together or the US will change directions in Iraq. This was stated this morning by Tim Russert on NBC from his Whitehouse sources.

Originally Posted by neno

And a adjustment to a r/v is simple when it happens. They are just adjusting the pay hikes at the moment......and for so many. so you would think dam they got to print more dinar. Nope. then comes the r/v. Then comes the adjustment all in motion.

Example:
1. Say 1:1 r/v , Instead of giving the officer 7000nid's he will get just 4nid's.

2. Teacher gets 200,000nid raise = $136.00, After r/v if it was 1:1 then the Teacher gets 136nid's.

This is how I see that it will and can adjust in a split second. IMHO. Makes since.

I have to agree. None of the pay raise information discredits in any way an RV. All these numbers can be adjusted in a moment. Plus again factor in the previously mentioned remarks of the MOF, in which he declared to raise the currency value, along with substancial increases in prices across the board in an effort to thwart the black market economy that is responcible for shortages in Iraq and the sale of undervalued goods acoss the border which harm the regional economies.

This really is a key reason for an RV.....the whole idea is broader than just Iraq.

Originally Posted by neno

But I See that they are taking of their Internal needs at the moment first. With all these raises and laws passing with still security being worked out with a 4 month old government, I give them a Thumbsup. You all should know by now that a r/v is coming. IMHO I see them doing all the Internal needs first. This will make the r/v simple when it happens. And It will..........Dont be down. Be excited for the Iraqi People. There needs are much more important for them to feel safe and secure and stop fleeing Iraq so the country will prosper and be able to support a r/v when it happens. Again, "IT WILL". Cheer Up......

Thank you, Neno. You are exactly right. I am being selfish. I live in a great country where all I have to worry about is what's for dinner - not if I am getting dinner. You're a very nice person. Thank you.

I think you are correct. All that has to be done is adjust the figures. After the RV the average iraq shop keeper who sells coffee has to raise the price of his coffee and the iraq customer buying it with his RV'd dinar will still be paying the same price for that coffee but with a dinar that has raised in value. So basically it will be a wash. Where Iraq will get better value is on their imported products.


[QUOTE=neno;119121]Of course Not. But the way it is read, is raise's and adjustments of pay.

"the Council of Ministers also decided to increase the salaries of teachers to (200) thousand Iraqi dinars with a minimum rate of incentive (50) by one thousand dinars per month for remote areas, and (40) thousand dinars of outlying areas, and (30) thousand dinars scope of the areas outside the municipal borders. "

Originally Posted by neno

And a adjustment to a r/v is simple when it happens. They are just adjusting the pay hikes at the moment......and for so many. so you would think dam they got to print more dinar. Nope. then comes the r/v. Then comes the adjustment all in motion.

Example:
1. Say 1:1 r/v , Instead of giving the officer 7000nid's he will get just 4nid's.

2. Teacher gets 200,000nid raise = $136.00, After r/v if it was 1:1 then the Teacher gets 136nid's.

This is how I see that it will and can adjust in a split second. IMHO. Makes since.

Originally Posted by wciappetta

I have to agree. None of the pay raise information discredits in any way an RV. All these numbers can be adjusted in a moment. Plus again factor in the previously mentioned remarks of the MOF, in which he declared to raise the currency value, along with substancial increases in prices across the board in an effort to thwart the black market economy that is responcible for shortages in Iraq and the sale of undervalued goods acoss the border which harm the regional economies.

This really is a key reason for an RV.....the whole idea is broader than just Iraq.

THANK YOU....

Originally Posted by opps50

makes no sense at all for me

$126 in salary after a reval
$4 to the officer for meal

This whole thing makes no sense at all for me, and why does this comes out now and not after. If they did the reval and then adjusted the amounts it would make more sense to me


or are we just talking RAISE in salary?

Of course Not. But the way it is read, is raise's and adjustments of pay.

"the Council of Ministers also decided to increase the salaries of teachers to (200) thousand Iraqi dinars with a minimum rate of incentive (50) by one thousand dinars per month for remote areas, and (40) thousand dinars of outlying areas, and (30) thousand dinars scope of the areas outside the municipal borders. "

He added : "The Council of Ministers today decided to allocate (7000) Iraqi dinars a meal allowance for police personnel while providing food for them per month."

7000 dinar meal allowance for a month. That's about $4.00-Also this figure is per meal 3 times aday or at least two from what I do, times 30 days = $240 worth or over 300,000nids.