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

Originally Posted by neno

Exactly. That is what the Post is saying. Good Points thow. But about buying Iraq, sure if they dont have a higher r/v when the global availablity is ready. You can be the one owning all the revenue. But as you put it with the land and realestate the way it will be, You are right about not owning Iraq Literally.

That is the intent of the FIL, why it's so foreign investment friendly. Primarily for foreign investors to put up with the capital for major projects in Iraq. Now if anyone here thinks that at a low reval or without a reval, Iraq will be a bargain, think again. Don't focus yourself to the exchange rate of the IQD or the start-up costs to be based solely on the IQD. We're talking about global/international investing here. Most of the raw materials you'll need to even build infrastructure or establish a project in Iraq are being imported to Iraq. In short we're talking about costs here in USD. Yes, like you've said, if you're an investor in Iraq, and everything goes well you'll be reaping the revenue. But, that's the way all investors and businesses are in the world. Their main goal is to generate as much profits as possible. If they're not going to realize that in Iraq, then nobody in their right mind will invest, FIL or no FIL. Same as in any other country, why would you invest or start a business if you know at the start that you're going to lose money? It's a no brainer. The more foreign investments are successful in Iraq, the better it is for Iraq. It will generate employment, revenues, and improve the lives of its citizens.

(Voice of Iraq) - 10-16-2006 | This issue was sent to a friend

Accord Front progress Appeals Procedure Law in the formation of regions

Accusing the Presidency of the Chamber of Deputies b «» exceeded the Parliament

BAGHDAD : Numan Alhimus
The Iraqi Accord Front said that the presidency of the House of Representatives last Wednesday, the Iraqi included in the agenda of the Council vote on the issue of executive procedures for the formation of regions in response to the demands of certain political forces in order to pass the law before the expiration of the time period specified in Article (118) of the Constitution and that a period of six starting from the month of the first meeting of the House of Representatives. She Front in a statement yesterday that «where the stated position of the Iraqi Accord Front is the absolute rejection of federalism as enshrined in the Constitution with the support of administrative decentralization and the wide powers of the provinces, The perception front of this law that gives the green light to implement the federal formulas have no way to accommodate the views submitted by the Front. The process of voting lead to one result is the establishment of what it wants two legs of the coalition and the (Shiite) alliance (PKK), Therefore, to the front legal challenges to what happened in the meeting ».
The front that Article (136) of the rules of procedure of the House of Representatives provides that «may not vote on the bill before it went at least four days of the end of the conference) and the debate in this law ended on Sunday, 8 / 10 / 2006 then on Thursday, 12 / 10 / 2006 is the deadline for submission of the vote may not be introduced before that while he was offered Wednesday. According to the article (24) of the rules of procedure (may not be a meeting open only when a quorum absolute majority is 138 members, and if found that there is no quorum for the President inaugurated for a term of not less than half an hour if not completed President also announced the postponement of the meeting and appoint another date for the session ». The Front «did not the Presidency, despite postponement of the past for more than two hours».

It added that «Front was due to the Presidency commitment to the system and not bypassed, such a waiver, which has been repeated several times and therefore we believe that the law had been passed unconstitutionally We put this matter to the members of the House of Representatives to have a say in that ».

Middle East

Sotaliraq.com

(Voice of Iraq) - 10-16-2006 | This issue was sent to a friend

Base : «» Islamic state in Baghdad, five Iraqi provinces

In response to the State «» Kurds in the north and Shiites »« federalism in the center and south

London : «» Middle East
Four days after he announced to the gathering fundamentalist militant leadership of a new rule «» yesterday what he called «» Islamic state in Baghdad, five Iraqi provinces, in response to what it described as «a» Kurds in the north and Shiites »« federalism in the center and south.
The spokesman said in a video broadcast on fundamentalist website on the Internet, but has not been possible to verify the credibility «you convey its NATO Almatibin human creation and the establishment of the Islamic State of Iraq», He called «Mujahideen and the ulema of Iraq and clan elders and the general Sunnis» to the sale of the recipe b «Prince of Believers Sheikh Abu Omar al-Baghdady», according to the French Press Agency. For its part, Reuters news agency quoted the spokesman said the aim of establishing an Islamic state that «» «is to protect our religion and our families and to prevent conflict and to avoid the dissipation of the blood and sacrifices Shahdaekm». The spokesman added that concealed the point that the Islamic State »« This must include Baghdad and the governorates of Anbar, Diyala, Salahuddin, Kirkuk and Nineveh and parts of the provinces of Babil, Wasit out of the 18 provinces comprising Iraq, as reported by Reuters. According to the spokesman, the decision to declare an Islamic state «» «came after it happened Kurds in the north and the State of Roafeda (in reference to the Shiites) federal center and south». the intention of the Iraqi Parliament's decision to ratify the federal law last Wednesday.

The speaker called «to work to strengthen the foundations of the state and sacrifice which sacrifice», He emphasized that «Baghdad governance and succession of their ancestors will not come out of our hands only to Ashlaena». It is noteworthy that the so-called «» Mujahideen Shura Council, led by the organization «» Qaeda had announced last Thursday that the NATO Almatibin «», He pointed out that includes three armed groups and dignitaries clans.

Sotaliraq.com

(Voice of Iraq) - 10-16-2006 | This issue was sent to a friend

Albaghdadion are optimistic that the return of life to the capital »« Collar

They attention of the authorities Sadoon Street and the Square Liberation an indication of improved conditions

BAGHDAD : Ali hailed
Proud Iraqi symbols preferred sometimes at the many things he has shoulder important, it might not be interested in the Baghdad street full of destruction in his city. But he quickly sees the Statue of mass Alersavi or closure Street governance or the uprooting of trees on the sidewalks of the street or the closure of the tunnel Abonoas Sadoon designated Albaghdadion «» Collar Baghdad.
Many Albaghdadien especially hawkers tunnel near Liberation Square said they holy when they see their town to recover again until they positively affect the secure and happy life and behavior. As some see it as Sadoon tunnel remained closed inside says that the situation in Baghdad was still not bode well, belief that the feeling will end with the re-opening of the tunnel.

The secretariat of Baghdad, a major campaign to restore life to the liberation and Square Tunnel, which witnessed liberalization largely ignored for the last three years. A spokesman for the secretariat of the media in Baghdad told the Middle East «» that the secretariat very interested to life of the city through the rehabilitation of Baghdad signs from the streets, squares and fountains, and other spending, in particular tunnel liberalization, since the cadres of the municipality Rasafah guidance and direct supervision of the Secretary of Baghdad, Dr. Sabir Eissawi started work on the rehabilitation of the tunnel liberalization and the assignee and gardens give life to it again.

The spokesman added that the media rehabilitation includes cleaning full of waste and debris accumulated and the repair shop corridors and replanting gardens, painting the walls of the tunnel in addition to the visibility and service delivery mechanism. You will return life to this vital facility in the heart of Baghdad in addition to the rehabilitation of the full attention to decorate and clean as a milestone of Baghdad tourism, and trade mission to the capital Baghdad.

Middle East

Sotaliraq.com

Originally Posted by jsfletcher

People take term to literally. But with an open stock market, and and such a undervalued currency, your average middleclass working stiff could own considerable "shares" of companies and projects in Iraq

See that's where alot of folks are having the misconception about the current ISX stocks. What are we talking about here, we're talking about less than your average penny stocks here in the US. Stocks from companies, you, being here nice and comfy in the US have no insight into the fundamentals of the company you're buying. Sure it's a bargain right now, but maybe it's really what it's really worth. Remember the internet stock boom? Alot of those internet stocks folded and the rest is history. I'm not trying to be a pessimist here, I'm merely stating facts. My advise, look up "reverse stock splits." That is what's going to happen to all those ISX stocks if there is a reval. The notion that upon reval, your stocks will suddenly be worth more based on a reval is an illusion. The good thing about the ISX is once the big investors comes in, if the company you purchased stocks from have good fundamentals, then your stocks will likely reap excellent ROI.

Originally Posted by "GK"

See that's where alot of folks are having the misconception about the current ISX stocks. What are we talking about here, we're talking about less than your average penny stocks here in the US. Stocks from companies, you, being here nice and comfy in the US have no insight into the fundamentals of the company you're buying. Sure it's a bargain right now, but maybe it's really what it's really worth. Remember the internet stock boom? Alot of those internet stocks folded and the rest is history. I'm not trying to be a pessimist here, I'm merely stating facts. My advise, look up "reverse stock splits." That is what's going to happen to all those ISX stocks if there is a reval. The notion that upon reval, your stocks will suddenly be worth more based on a reval is an illusion. The good thing about the ISX is once the big investors comes in, if the company you purchased stocks from have good fundamentals, then your stocks will likely reap excellent ROI.

Exactly where are you on this investment?

(Voice of Iraq) - 10-16-2006 | This issue was sent to a friend

Political Council for National Security in permanent session to follow up on important issues

The security file holds political meetings of the Council of the national security

Under the supervision of His Excellency the President of the Republic, Mr. Jalal Talabani, in the presence of his eminence al-Aziz al-Hakim, leader of the United Iraqi Alliance list and the State of the Prime Minister Nuri al-Maliki and the Speaker of the Chamber of Deputies Mahmoud Almshahadani and Mr. Tariq Al-Hashmi, Vice President of the Republic, Dr Ibrahim Jaafari and heads and representatives of the political blocs. Political Council held a national security meeting yesterday evening and continued until late, discussed the issue of the security file, in many respects, raised the views of the extensive debate to discuss ways to establish security and stability in the country. Continue Political Council for National Security held its sessions in the open to discuss the security file and the files of other Iraqi task order to develop solutions to the country's conditions and the requirements in the current circumstances.

The Vice-President, Dr. Adel Abdalmahdi had affirmed in a meeting yesterday that the political council of national security in the circulation during its meeting, the day before yesterday, Saturday, most important issues, The foremost security file, as well as the political consensus and the link between security and political file, in addition to considering steps to be followed to coordinate with the multinational forces to provide security and stop the bloodshed and violence in the country.
And Dr. Abdalmahdi in a joint press conference after the meeting, , which was held at his residence in Baghdad that "the political council of national security in the case of the lasting effect on yesterday, Sunday, and the coming days, in order to follow up on important issues, and not left without a suitable solutions. "
Stressing on the need to develop radical solutions to some outstanding issues between the Iraqi forces and the multinational force, He said that "the solution is to put the security and strengthen the role of the police, army and intelligence in addition to the role of multinational forces."
For his part, stressed the Deputy Prime Minister Barham Salih on the need to do a draft national reconciliation, launched by Prime Minister Al-Maliki, and applied on the ground, He pointed out the need for cooperation among all the serious political blocs in the parliament and the government and said that the Iraqi street is the urgent need to restore security, and not allow the extremists to abduct political position "and also stressed that" the credibility of the political project has been questioned by the Iraqi citizens who are new twist in his life. " For his part, the Speaker Dr. Mahmoud Almshahadani out that if it was to achieve what will be agreed at the Mecca will therefore Anoka Sat positive on the Iraqi street. With regard to federalism, Almshahadani said that the topic provided in the Iraqi Constitution, and that "each of the parties had a point of view, some people believe that the time is ripe for the application of federal, Others are the opposite view "explaining that there was an agreement to re-examine some of the articles of the Constitution in accordance with Article 142, within the time ceiling-year, and that the principle of consensus used by the political parties in the event of disagreement. In the same context, Deputy Prime Minister Alzobai peace "that the draft national reconciliation opened the door to dialogue with the tribal elders of Anbar, and that there are efforts to restore security in the city. The government in the Diyala make the same efforts and work towards easing the situation there. "


Sotaliraq.com

Originally Posted by "GK"

See that's where alot of folks are having the misconception about the current ISX stocks. What are we talking about here, we're talking about less than your average penny stocks here in the US. Stocks from companies, you, being here nice and comfy in the US have no insight into the fundamentals of the company you're buying. Sure it's a bargain right now, but maybe it's really what it's really worth. Remember the internet stock boom? Alot of those internet stocks folded and the rest is history. I'm not trying to be a pessimist here, I'm merely stating facts. My advise, look up "reverse stock splits." That is what's going to happen to all those ISX stocks if there is a reval. The notion that upon reval, your stocks will suddenly be worth more based on a reval is an illusion. The good thing about the ISX is once the big investors comes in, if the company you purchased stocks from have good fundamentals, then your stocks will likely reap excellent ROI.

Agreed on stocks. But this thread is not about buying Iraq and Stocks in companies after the FIL is implemented. The thread is for the News on the Dinar. And the outlook for the r/v. Not what it will be are what it want. OSW is and will create a Iraq Investment Club here when that is ready. So I agree with you on these lines. Now we need to get back to the gang on Breaking down these articles of clues for the r/v. Agreed?

Originally Posted by jsfletcher

Exactly where are you on this investment?

As far as the ISX, I'm going to wait. I'm more inclined to put my money in foreign and US companies who will be establishing a foothold in Iraq. I'm talking about oil and industrial companies. The smaller the better. The bottomline with these countries, it's all about oil, they own it. That's their major industry. The rest of the businesses aside from oil are mostly owned, co-owned, managed by foreign companies.

Tennessee Democrat Ford Questions `Sanity' of U.S. Iraq Policy

By Nadine Elsibai

Oct. 15 (Bloomberg) -- Democratic Representative Harold Ford, engaged in a close battle for an open Senate seat in Tennessee, questioned the ``sanity'' of the Bush administration's policy on Iraq.

Asked on ABC's ``This Week'' program about his vote in 2002 to authorize President George W. Bush to use military force, the five-term representative said he wouldn't have backed the war if he knew that Iraq didn't have weapons of mass destruction.

``After hearing Vice President Cheney and others over the last few weeks indicate that they would have gone forward with the war in Iraq even knowing what they know now, it raises serious questions about not only judgment but sanity,'' he said.

Danny Diaz, spokesman for the Republican National Committee called Ford's comments ``outrageous'' and show ``he is an extreme and partisan liberal that does not represent Tennessee values.''

Ford, 36, is running against Republican Bob Corker, the former mayor of Chattanooga, Tennessee, for the seat opened up by the retirement of Senator Bill Frist. Recent polls in the state show the race is a dead heat with a little more than three weeks before the congressional election.

Democrats are attempting to frame the elections, which will decide which party controls Congress, as a referendum on Bush and the war in Iraq.

War Debate

``Why would you go forward with an effort in Iraq knowing that they didn't have weapons of mass destruction, knowing that our focus should have remained on bin Laden?'' Ford said when questioned about his statement.

Bush and Vice President Dick Cheney have called Iraq a central front in the war against terrorism and argued that the world is safer with Saddam Hussein out of power.

``It was the right thing to do, and if we had to do it over again, we'd do exactly the same thing,'' Cheney said Sept. 10 on NBC's ``Meet the Press'' program.

Cheney spokeswoman Lea Anne McBride said the vice president's stance reflects the realities of the war against terrorism. ``You have to look at what the terrorists themselves have said,'' she said. ``Bin Laden calls it the third world war. We believe that taking the fight to the enemy, going on the offensive against the terrorists, is the way to defeat them.''

Corker, 53, interviewed separately on the ABC program, declined to say whether going to war in Iraq was the right decision.

``I'm going to focus on where we are going forward,'' he said. ``I don't think it does us any good to focus on that.''

Troop Levels

Corker said the U.S. shouldn't withdraw until the Iraqis are able to secure the country, and that he would back putting more U.S. troops there ``if that's necessary'' for stability.

``We need to do whatever's necessary for the country to be able to secure itself,'' Corker said. ``And when that happens, I do hope that our men and women come quickly home.''

Democrats need a net gain of six seats to get control of the 100-member Senate. With 33 Senate seats being contested on Nov. 7, the Tennessee race is one of those targeted by both parties. Another is the Minnesota seat being vacated by Democratic Senator Mark Dayton, who is retiring.

Republican Representative Mark Kennedy said on NBC's ``Meet the Press'' program that he stands by his vote to authorize the invasion of Iraq, arguing that the U.S. can start withdrawing soldiers only ``after we're sure the terrorists can't win.''

War Opponent

Amy Klobuchar, Kennedy's opponent and the Democratic-Farm Labor Party candidate, said on the same show that she has opposed the war from the beginning and that the conflict can't be resolved by the military.

Klobuchar, the Hennepin Count attorney, is leading in the race, according to a poll conducted for the Minneapolis Star- Tribune and released today. She had 55 percent support among likely voters to 34 percent for Kennedy, a three term member of the House from suburban Minneapolis-St. Paul.

Klobuchar, 46, said the U.S. needs ``to change course'' in Iraq and the nation's top military commanders should be brought before Congress to discuss the next steps to take in the conflict. Some U.S. troops should be redeployed from Iraq to Afghanistan and Kuwait, she said.

Kennedy, 49, said that progress has been made in Iraq, and the U.S. can't let the country ``become a sanctuary for terrorists.'' Solving the issue of federalism in Iraq as well as letting citizens share in the wealth from oil revenue are among the political solutions that would help quell sectarian violence, he said.

On economics, Kennedy said Klobuchar's proposal to roll back the tax cuts Bush pushed through Congress for those making more than $200,000 a year would put the economy ``on its back.'' He said Bush and Congress could do more to cut spending.

Klobuchar said restoring the income tax rates on high- income individuals to those in place during the Clinton administration would help trim the federal debt and secure Social Security's future.

Bloomberg.com: Worldwide

In many other countries in this world, people would fear death for making statements like this against a sitting President. This just goes to show the importance of the November elections to the GOP . . .I am curious and hopeful to see what they have up their sleeves. I bet its the votes of thousands of new Millionaires here in the US