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

I, like every Dinar investor World wide, have been trying to keep track of all the interesting Iraqi financial developments swirling around us. Could a huge re-val of the IQD really be just hours away??? I might have to trade in my middlesayer card and join the yaysayer crew pretty soon if we get even more “clues” leaning towards an IQD re-val.

1. The CBI website has been down for over 3 days now. The obvious question is why? What caused the website to go down? Someone trip over a power cord? Server down? They must have backups or their hosting service (if it is of any quality) would have backup runners. Power outage? Not likely since CBI is located in the Green Zone. Upgrading the website? For 3 days??? Upgrades can be done on separate software and then downloaded onto the host server usually accomplished in less than two hours!!! None of those seem to be a real reason for CBI website to be down so long. This alone, by itself would raise eyebrows but we also have:

2. Bank of Baghdad IQD currency exchange not updated since oct 15th. Why not? Surely some link has to be continued between a Central Bank and its underlings. The updates should have continued on other Iraqi banking websites. 11

3. 10,000 IQD debit or ration cards to be handed out to Iraqi citizens this week. That’s worth about $7 USD. Buy a couple packs of cigarettes and a soda then the card is useless. Wow, thanks for the cigs Maliki I’m now going to support you 100%!!! But what if the card has the equivalent purchasing value of $14 or $28 or $56 or $112 or $224 USD? There is a way to do that, as we all know so well.

4. Hydrocarbon law about to be enacted slated for this week. We know a Foreign Investment Law (F.I.L.) has nothing to do with a countries’ currency value other than potential future increases if you have positive investment flow. I’ve been trying to tell everyone this and we finally saw it to be true. But this Hydrocarbon law could be a different animal. The law concerns the sharing of oil revenues amongst the states and people of Iraq. Could it possibly also allow for Iraq’s currency to be based on a basket of World currencies plus known Iraqi oil reserves? If so they could re-val the currency to extraordinarily and in a swift rare move to unimaginable heights. The only flaw in that theory is the security situation. Would the IMF go along with it when the countries oil production is under constant attack by the terrorists? It would seem to be a huge gamble given the current circumstances.

5. Political situation in the United States. The USA economy is in great shape. In fact it ranks as one of the best ever. Yet Republicans are in very real danger of losing seats and control of both the House and Senate. True, many scandals have been launched by the Democrats and the media. But the real bottom line reason Moderate voters are turning against the Republicans is directly because the bungling of the Iraqi war by Donald Dumsfeld. The man has not only caused far too much needless death and desperation but likely fumbled away the Republican political majority as well. The Repubs need something HUGE to turn this tide. They need the Ultimate “October Surprise”!!! Would a large re-val of the Iraqi currency be the winning ticket?

If ever the yaysayer theory of high re-val had a chance of happening, these would be just about the only circumstances that would allow it. All of the above facts could be pointing towards Shibibi, the CBI, and the IMF invoking a large revaluation of the IQD. And the exciting part of it is the CBI could come back online at any time. Maybe minutes from now!!!!!!

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Family and community : the ration card. draft living mechanisms to stumble and treatment steps down

Director general of financial control and trade in the Ministry of Trade : we have 17 A and Under. It is a task that great! Achieving Najat Abdullah Perhaps put in the hands of the reader longer a journalist, not in the number of words or perhaps article completed but in a long time, which exceeded two weeks, I am wandering between sections of the Ministry of Commerce and the General Company for food, The ration agents and citizens who are not able to find one or two who are satisfied with their agents. Agents, in turn, suffer a lot and some of them told us in the form of cheating carriers, and the arrival of damaged materials from the stores, the Ministry of Trade says that we work honestly to deliver rations to citizens, but despite the tight control between warehouses, carriers and agents, we find many who complain of trouble. It remains conscience is the first judgment in everything happening. On the first day of the round led me to Kadmai ministries complex near the stadium people, in search of the Ministry of Commerce, as I located a few years ago and after more than an hour in the search and passes the cement partitions and question ... I can not find anyone to tell me that the Ministry of Trade is not here, Each and every one of the police personnel refers to the building to go to bid to subjected to inspection by the (officers), while access to the building in question, referring to another policeman that it is not here but in front of the Oil Ministry, Upon reaching there soon grew policemen who Isalonni a share of Ramadan, when you know come and finally arrived on the scene and found later that one food stores only. Some combine the flour mills of the rotary On the second day, had reached the ministry in the real-Mansour and began a journey of a thousand miles, Mr. Sebti Jumaa, director general of financial controls and business orientation to a series of questions about the items ration assessed in Ramadan Who is responsible for the arrival of materials damaged and unfit to agents. Lee said that the responsibility lies in the examination of foodstuffs Mills and the follow-up work session and coronary and other mills as we examine the grain and conform to the specifications of productivity. I told him I knew this occasion and in the flame by the agent kindergarten Fartosi that there quantities of flour to reach damaged and contain (helminthes). اجابنا graciously : correct information, it found, alas, some mills that provide Btahin good, but is in agreement with some granaries substitution Btahin another. Mills share now available and frequently as many of the families have sung for bread-making in the homes of high gas liquid hydrogen carry bag bought three thousand dinars. The mill collected from the aircraft and distributing of new agents, As a result of the heat which breeds helminthes and damages. As for the non-arrival of ration for more than three months for some families in the Karkh ... At the session, 76000-16000 and the media and he assured us that the stores but perhaps with the security circumstances, the agents Ayaton of their receipt. Medani in talking with him though he assured me that he was not interested in answer to those questions is not being within its competence. I asked him about some of the articles which hides in the ration cards for several months, although it essential and why the emphasis is on non-core. Why Tekasidin consider basic He answered they differ from one city to another in many of the cities in which it is cultivated rice to a rice Ayattabron President, The areas considered detergents is essential items, the case of pulses and generally that these materials are available in all stores except sugar. It now imported quantities of traders is in the process of screening and distribution. When she went to the question of why Aisar to some sort of decentralization of contracts card any involvement in this process governorates He answered : We have two kinds of contracts, one with companies and the other with traders Are there not more central than this. Then I asked him about ten thousand dinars to be given to citizens within the components of the quota for this month. I told him that we give Kuwait dinars (200) per person. This is not over because the hearts of the Kuwaitis are (3) million while we (30) million, In Kuwait, all economic structures incomplete, They have a large surplus of funds. Before the only information that I have been given by said to me : we have (17) A and the Under - although controlling them all, I hope that you would come to any information about the breach of one of the agents or mills or warehouses new vocabulary I share news. Before bidding farewell, Mr. Director-General. Attended by Nazim pool grain marketing director at the Ministry of Trade said to him : The milk and sugar have been distributed to all regions of Baghdad. The putty and flour zero still in the stores have been distributed so far. On the third day. In the Information Office look who answer clear answer. What about demanding to know the real reason behind the non-arrival of the additional share of Ramadan or basic reason for the non-arrival of the quota altogether For more than two months, as well as other questions relating to immigrants and their share of provisions and mechanisms to distribute the quota. and after waiting for more than an hour in the printing and paper to facilitate the task, the Bureau considered to send me to the General Manager of foodstuffs ... To end this day of spinning. The company's general food is not where the answer The fourth day. We, (Balchavat) to the company I (and Uncle Abu Jawad), and I will get the answer cathartic today. To transact what I am coming to do. In the main door shrill police Before continued. Screamed Bi (Win went) What I said at the reception Sri, I told them I Forgive ignorance, I met the Director General, I am journalist from the morning Attithm my identity and facilitate the task book, What was their only smiled do not have general manager here. I found for me on behalf of him and after waiting hours, and I beg the secretary to raise her head and answering me in puzzlement dissipate, It is busy reading, calls or incantation. She told me that home will be Professor Naim has been appointed minutes before an agent of the Director-General. The man came to me and I was fearless then apologized after he was not aware want to ask him and suggested that I go to the media office of the company to stay to the marketing director, is the only possible answer me that, When they arrived at Mr. (Mohamed Kati) Amted of my presence, in the heart of the questions I had nothing to do this but I like to Tsalini or Tsourini, I checked with Mr. Naim, I whispered to him after a staff member in the Media Bureau me of what marketing director, Belgrade man of the place, After waiting media employee took me questions, saying Deiha me and I will be in touch with you soon receive a new general manager post. The panel will receive sealed bags On the fifth day back to the Ministry of Commerce and the Information Office exclusively, They nominated Mr. Sebti Jumaa, director general oversight of the financial and commercial My answer, After waiting apologized Mr. Sebti and Ahalni to men only Nazim ensure that the benefits of what I would like to answer his question without weariness or disgusted. * I said to him : What you have prepared for the eradication of mass cheating in the ration card items? We in the Division of Grain Processing For our part we are convening committees mission visit mills on a daily basis and according to the time available and the emphasis on the cleanliness of the place and the quality of flour, by subjecting them to laboratory testing and then we visit the quality control, for the time after the conclusion of the contract with each mill deal with and indicate that the abuses have been fined and then we report to the Minister for endorsement contract after the company submitted to the competent authorities for violating pays mills. In the case of the arrival of a complaint from one of the agents about the quality of flour, take a sample of the agent and the present to the owners of the mill to restore milling sector at the expense of and to improve the quality and the violator fined and lifted by the report to the Minister. * We know some of the agents they are receiving flour contains large quantities of helminthes? In fact, there are many complaints reach us, Section agents agreement with the carriers to replace flour, There are some areas that combine flour milling outside the offender is liable to the storage and mobilization incorrect, and the agent to identify the bags health, , which contains the company concluded, Here begin the conventions where flour is sold at a price of the good and the other is bad are sent to the agent, and when they discover such a matter would depend on the processing agent and may withdraw from the IAEA and this depends on the quality of bread We know this through the agent, the witness insect in a bag of flour has rejected this mean that participants with the violator. * Will be delivered monthly grain to the citizens? Yes, and now in the hands of the countless areas with Baltahin In Baghdad, the proportion In Mosul, 100%, 92% and 65% Maysan, There provinces and the so-called hot spots such as Ramadi Saladin 0% 25% Diyala, 30% of Dahuk, Sulaymaniyah and Erbil did not reach the quota in September so far all this is happening because of the security conditions, which is the suffering of the citizens in these governorates, We proposed to the municipal councils and maintain that the delivery of flour to them within the security protection, as we proposed to have centers in each district for the purpose of protecting the quota. if we are processing many of the agents. * What about the (flour zero), which will be distributed to citizens rate (5) kilograms per capita? We have processed a small percentage of families increased by 8% so far because many of the government mills have been converted to the line 1-0 so far and you can obtain the necessary information from the Director of Marketing mills in freedom. * Will the same mechanisms in the distribution of the components of the share during the next year? That is the policy of the State to know us. * Families that have not received their share Would also happened previously? The compensation according to the position, if there is material in the stores distributed to citizens without delay. * What is the latest ideas for making payments in lieu of food for everyone? This is a political decision and introduced to us by * Why Aisar to some sort of decentralization of contracts card, any involvement of provinces in the process? The Ministry of Trade of the top import, are decides to approve the contracts with traders for their contribution to the purchase of items ration based on the principle of direct sales traders. * Why Itim focus on basic materials and compensate families instead of the other non-core? All material in a single card is essential? Q : I mean rice, sugar for example? Sugar declared in the world price of sugar worldwide. Q : Why have not reached most families in Ramadan They are most needed in the holy month?. Yes, he was declared in the quota but unencumbered currently available, plunging quantities by stores and traders, but we are waiting for the results of the project and when the results show we will distribute it to citizens. Note that we Ghazna citizens share the month of September. * What additional quota to be given to the citizens of this month? We have started since the beginning of September and so far share of the processing areas of Ramadan, which includes (3) kilometers Mills (3) kilometers Rice and (2) or equivalent lipid kilo liters of oil as well as liquid lentils become kilograms after the (500) g and become Altaid (500) grams after (250) grams, and adult milk is (500) grams. * Learn to families at the present time any meals received and agents sometimes do not notice how the way to deal with this? We are through the media by announcing today which will be distributed by quota. We ask the agents stabilize information on the center, He then opened the register which is the agent of the signing of each article Received and materials that have been distributed, and special requests Balaouwael, But most agents Unfortunately, their shops are still old, To Aemtlkon sufficient awareness to deal correctly. * Is displaced families received their full share of food? Yes, many of the citizens who have approached the Municipal Council, who took over the transfer of shares, they were handed full articles in the areas where the displaced. * How are transfers to the families of new agents for the displaced? The centers supply to get the approval of the transfer to the branch that inhabit it, through the planning and follow-up in the ministry, and prove to the central computer. * When did you start the separation of families? This competence of Supply and the teams which period the audit (1 10) each month, It will be replaced ration card in the coming year. * Some families say that the agent demanded the three thousand or five thousand dinars, whenever we have received quota Are you aware of that? Yes, and this depends on the carrier, and wages required by ... But the price paid by the per capita rate is (50) dinars for food and (50) Mills. The processing 4636 tons of flour zero before Eid On the sixth day went to the State Company for Grain Processing. Neighboring Mills Chalabi Square in Aden, the director of the office, told us that the media company had processed (989) Under Mills troops with the new (13211) of the rule within the quota of flour and September of 2006, As explained to us that the difference Information Office control of the company visited the mill (82) and (293) agent designed to conduct laboratory tests on the material and the extent of its powers for human consumption and conform to the specifications and recorded a number of irregularities were taking legal action right within the framework of the ministry's plan to the specifications provide a high-quality flour, quality and accountability manipulators in the people's livelihood. * When we approached to question them about the zero quota of flour to be distributed within the quota for the month of September this year on the occasion of the month of Ramadan told us. The company processed citizens material (flour zero) and quantity (5 kg) to each family where up to 2006 / August 10 processing (4636) tons of quantity to be distributed before the Eid al-Fitr holiday, the prize (24583) tonnes in Baghdad and other governorates. It was also stated that the remaining quantity will be distributed in succession prior to the expiration of the month of Ramadan. It was also stated that the decision to distribute the article flour scratch each family in the holy month came within the ministry's plan to support the citizens and fight high prices in the domestic market. Grant distributed in the holiday week Last Ramadan And on the eve of a grant to be distributed to citizens within the vocabulary ration told us Mr. Mohammed Hanoun, director of the Media Office at the Ministry of Commerce, said that the Ministry of Commerce decided to grant distribution Eid approved by the Council of Ministers and of ten thousand dinars per capita is distributed according to the ration card controls in the last week m n Ramadan added that the ministry was also seeking to be the distribution process is not transparent manner in which the dignity of the citizen and imposed levies to humiliate him and this would be achieved through the cooperation of the regulatory, administrative and coordination with the municipal councils and district councils to develop a plan to allow work in a spirit of the group for the success of the distribution process within a specified time and reasonable. It was also stated that the Ministry of Commerce started in coordination with the Ministry of Finance and the Central Bank of Iraq, the Ministry of the Interior in order to receive the amount of the grant and the ability (300) billion Iraqi dinars would be placed in the treasury ministry and then distributed to the provinces to take place after the process of giving it to the citizens through the mechanisms established in the ministry As Mr. Minister of Trade and added that the option grant through distribution agents is the best and easiest way it saves time and effort and the speed in the delivery of the grant, especially as the former amounts, which was distributed through banks caused serious distress to the citizen by the congestion that occurred in these banks. Many of the agents of their shops closed Our tour continued in different areas of Baghdad and we tell ourselves the existence of a store open, those who distribute food ration to citizens in the Diyala Bridge after painstakingly arrived at the word "Under the General Company for Food Trade (Karim Daoud al-Azzawi), we asked a citizen sitting in the vicinity of the shop named Jabbar Kokz Dim (38) years, said the agency closed us always, Whenever money from the ration say in the next month, and once we asked them about an article rice, SAYING us to give us (the price of amber Kamer) you wait for us to buy rice, We are pushing the tax. In the Zafaraniyah told us Ahmed Majid Jassim (1987-1998) (42) years, we in the district (962), we have the agent by name sound RIDICULOUS always closed, when it comes share closed shop two weeks and then distributed materials we have nothing to do with quotas, while asking academic centers beyond words and belief that the material and thus relate. In the neighborhood group told us citizen on Jassim Mohammed (50) years that whenever receipt of the quota find big shortage in addition to the fraud which is taking place in materials fire broke out days ago my wife and put fat in a food and found that the fat-water mixture. Under sell quota set aside for three months The citizen Ahmed Salman Daoud Qarishi (32) years in the district banks misplaced (319) told us that he received the full quota in each month and that the dealer who deals with the name of Ghazi is a man of God, Takei and frightened Ntslmaha all the material that is of high quality, but we did not we get a zero flour or putty until now perhaps we will Thall in Alqadema T. days. Another citizen was sitting near unfolds signs of grief on Maheah He says the dealer who we get him in a corner, a large share now, since the registration of the Agency and the long-Jabbar behalf of a friend, because he is not entitled to registration for the circumstance in which I am ignorant of the huge but sold the share received for the three months provided outside Iraq and Kelena original in a deplorable state is the payment to the families of his pocket sector and God knows. Confusion between quotas months and the share of Ramadan multiplier In the neighborhood of Information told the citizen Jassim Mohammed Jaafar (45) years told us when we asked for the panel increase supposed to provide for the citizens that this is not true does not believe and hope no one Tzaajona (Dozily Aljraid). While citizen Haydar Abboud (37) years from the Saydia says gven additional materials this month many of Altman, sugar, tea, salt and Altaid, soap, and happy we are thinking that this is the planned increase in Ramadan. When we asked our panel said these differences the past three months has given us so as not to accumulate in storage rots and then designed with debris. Agents placing magnets under the caliber Abu Samir of Sadr City says : There have been no additional quota even share habitual not us, I do not know how the agencies act in this way only afraid of God. I know four agents in the Alciarh become rich by possessing agency food materials and know someone puts magnet under the caliber and steals under the sun does not fail to mention the names are added to Ibi, The authoritative Sabria and the scientist, The scientist Fadil (Abu Nasser), and the shameful thing is that they did not know of any pilgrims will face hugged God. We want our share only, and we do not want to increase Ms. Lütfifye Baqir (or wise) 38 years in the area near the market torturing people say : We have several people and agents, But all the Under-share distributed in a different way in terms of quality of materials provided and in terms of time, I do not know the secret of the difference, for example, oil bottles vary in form and give us some bottles last month, and I wonder how he kept here, and what I was changing for the families, rice, as well as some poorly distributed Raza, or tell us that the trucks brought him Raza is not fit for cooking and wait for us in the next month and beyond, and so on. Also, in a suburb of Aden, did not reach the food ration so far only Altaid which has three Bakitat and I think they gave rise instead of soap, we have not received too, but what about the basic materials, we are in the holy month of Ramadan, are in dire need of these materials, We do not want want to increase our share only. Journey with the agents ration In the banks, as usual, was also a store on Kshkol Ms. Najat Al-Jabouri closed and bottles full of materials and oil, which appeared to clear through the store openings. Addressed by the door of the house, her husband Vjani very agitated, I told him to innocent questions about items quota. He told me that I am not responsible, my wife is not here, While exchanging with him to talk with his wife came with a record before, and papers like to ask her a question and she apologized strongly (kind Ahnh Malnh relationship), minutes after I had stopped and I saw open the door of the shop and the narrow crowded by people is Ttlft right and left.

Originally Posted by mab71

I, like every Dinar investor World wide, have been trying to keep track of all the interesting Iraqi financial developments swirling around us. Could a huge re-val of the IQD really be just hours away??? I might have to trade in my middlesayer card and join the yaysayer crew pretty soon if we get even more “clues” leaning towards an IQD re-val.

1. The CBI website has been down for over 3 days now. The obvious question is why? What caused the website to go down? Someone trip over a power cord? Server down? They must have backups or their hosting service (if it is of any quality) would have backup runners. Power outage? Not likely since CBI is located in the Green Zone. Upgrading the website? For 3 days??? Upgrades can be done on separate software and then downloaded onto the host server usually accomplished in less than two hours!!! None of those seem to be a real reason for CBI website to be down so long. This alone, by itself would raise eyebrows but we also have:

2. Bank of Baghdad IQD currency exchange not updated since oct 15th. Why not? Surely some link has to be continued between a Central Bank and its underlings. The updates should have continued on other Iraqi banking websites. 11

3. 10,000 IQD debit or ration cards to be handed out to Iraqi citizens this week. That’s worth about $7 USD. Buy a couple packs of cigarettes and a soda then the card is useless. Wow, thanks for the cigs Maliki I’m now going to support you 100%!!! But what if the card has the equivalent purchasing value of $14 or $28 or $56 or $112 or $224 USD? There is a way to do that, as we all know so well.

4. Hydrocarbon law about to be enacted slated for this week. We know a Foreign Investment Law (F.I.L.) has nothing to do with a countries’ currency value other than potential future increases if you have positive investment flow. I’ve been trying to tell everyone this and we finally saw it to be true. But this Hydrocarbon law could be a different animal. The law concerns the sharing of oil revenues amongst the states and people of Iraq. Could it possibly also allow for Iraq’s currency to be based on a basket of World currencies plus known Iraqi oil reserves? If so they could re-val the currency to extraordinarily and in a swift rare move to unimaginable heights. The only flaw in that theory is the security situation. Would the IMF go along with it when the countries oil production is under constant attack by the terrorists? It would seem to be a huge gamble given the current circumstances.

5. Political situation in the United States. The USA economy is in great shape. In fact it ranks as one of the best ever. Yet Republicans are in very real danger of losing seats and control of both the House and Senate. True, many scandals have been launched by the Democrats and the media. But the real bottom line reason Moderate voters are turning against the Republicans is directly because the bungling of the Iraqi war by Donald Dumsfeld. The man has not only caused far too much needless death and desperation but likely fumbled away the Republican political majority as well. The Repubs need something HUGE to turn this tide. They need the Ultimate “October Surprise”!!! Would a large re-val of the Iraqi currency be the winning ticket?

If ever the yaysayer theory of high re-val had a chance of happening, these would be just about the only circumstances that would allow it. All of the above facts could be pointing towards Shibibi, the CBI, and the IMF invoking a large revaluation of the IQD. And the exciting part of it is the CBI could come back online at any time. Maybe minutes from now!!!!!!

Is this MunnyBaggs from AD?

Originally Posted by jedi17

Forgive me if I'm wrong...but I believe that the ration cards are not the same as the 10,000 stipend.....correct me if I am wrong but I thought the ration card here is something like our food stamp programs.

i wasnt saying they were the same. an article stated that the cheques of 10,000 dinar would go out WITH the ration cards because they were familiar with the distribution.

Originally Posted by jedi17

Forgive me if I'm wrong...but I believe that the ration cards are not the same as the 10,000 stipend.....correct me if I am wrong but I thought the ration card here is something like our food stamp programs.

its more like the 'quest' card in alaska. it has capabilities of having all sorts of goods and services attached to it. however, the eid gift wasnt to be included ON the card but was to be handed out BY THE RATION CARD DISTRIBUTION people.

Originally Posted by shotgunsusie

its more like the 'quest' card in alaska. it has capabilities of having all sorts of goods and services attached to it. however, the eid gift wasnt to be included ON the card but was to be handed out BY THE RATION CARD DISTRIBUTION people.

gotya...thanks for clarification

Originally Posted by mab71

I, like every Dinar investor World wide, have been trying to keep track of all the interesting Iraqi financial developments swirling around us. Could a huge re-val of the IQD really be just hours away??? I might have to trade in my middlesayer card and join the yaysayer crew pretty soon if we get even more “clues” leaning towards an IQD re-val.

1. The CBI website has been down for over 3 days now. The obvious question is why? What caused the website to go down? Someone trip over a power cord? Server down? They must have backups or their hosting service (if it is of any quality) would have backup runners. Power outage? Not likely since CBI is located in the Green Zone. Upgrading the website? For 3 days??? Upgrades can be done on separate software and then downloaded onto the host server usually accomplished in less than two hours!!! None of those seem to be a real reason for CBI website to be down so long. This alone, by itself would raise eyebrows but we also have: (its easier than NOT posting an auction and answering the questions of why not?? and in turn causing speculation)

2. Bank of Baghdad IQD currency exchange not updated since oct 15th. Why not? Surely some link has to be continued between a Central Bank and its underlings. The updates should have continued on other Iraqi banking websites. 11 (no auctions which is what we want)
3. 10,000 IQD debit or ration cards to be handed out to Iraqi citizens this week. That’s worth about $7 USD. Buy a couple packs of cigarettes and a soda then the card is useless. Wow, thanks for the cigs Maliki I’m now going to support you 100%!!! But what if the card has the equivalent purchasing value of $14 or $28 or $56 or $112 or $224 USD? There is a way to do that, as we all know so well. (RATION CARDS DO NOT HAVE THE EID GIFT MONIES ATTACHED TO THEM BUT ARE ACCOMPANYING THE CHEQUES, RATION CARDS ARE FOR GOODS AND/OR SERVICES PROVIDED FREE OF CHARGE KINDA LIKE OUR COMMODITY PROGRAM) (THE CHEQUE WOULD BE WORTH $6.68 BEFORE REVALUE)

4. Hydrocarbon law about to be enacted slated for this week. We know a Foreign Investment Law (F.I.L.) has nothing to do with a countries’ currency value other than potential future increases if you have positive investment flow. I’ve been trying to tell everyone this and we finally saw it to be true. But this Hydrocarbon law could be a different animal. The law concerns the sharing of oil revenues amongst the states and people of Iraq. Could it possibly also allow for Iraq’s currency to be based on a basket of World currencies plus known Iraqi oil reserves? If so they could re-val the currency to extraordinarily and in a swift rare move to unimaginable heights. The only flaw in that theory is the security situation. Would the IMF go along with it when the countries oil production is under constant attack by the terrorists? It would seem to be a huge gamble given the current circumstances. (FIL HAS EVERYTHING TO DO WITH THE VALUE OF THE DINAR ALONG WITH THE OIL LAW, WITHOUT FOREIGN INVESTMENT OF ANY KIND YOU ARENT GOIN ANYWHERE WITH AN ECONOMY)

5. Political situation in the United States. The USA economy is in great shape. In fact it ranks as one of the best ever. Yet Republicans are in very real danger of losing seats and control of both the House and Senate. True, many scandals have been launched by the Democrats and the media. But the real bottom line reason Moderate voters are turning against the Republicans is directly because the bungling of the Iraqi war by Donald Dumsfeld. The man has not only caused far too much needless death and desperation but likely fumbled away the Republican political majority as well. The Repubs need something HUGE to turn this tide. They need the Ultimate “October Surprise”!!! Would a large re-val of the Iraqi currency be the winning ticket? (not in so many words, the general public of the usa doesnt give a rat patooty about the dinar, BUT they see things turn around over there seemingly overnight and thats a different story)
If ever the yaysayer theory of high re-val had a chance of happening, these would be just about the only circumstances that would allow it. All of the above facts could be pointing towards Shibibi, the CBI, and the IMF invoking a large revaluation of the IQD. And the exciting part of it is the CBI could come back online at any time. Maybe minutes from now!!!!!!

my thoughts...

Radio Nawa

Adnan Al-Dulaimi says that the document Mecca will have its place in the hearts of Iraqis

Head Accord Front (Adnan Al-Dulaimi), "The document will be of Mecca and its prestige in the hearts of all Iraqis." Dulaimi added in a press statement that "in the event of the document translated into practical reality in a broad sense, it would ease the crisis in the country because it will give all Iraqis a glimmer of hope. " He pointed out that "the moral value of a document Mecca high and lofty and noble, because it represents the tendencies of religious leaders their voice heard in the elite people, the Sunni, Shiite, and all Iraqi sects and nationalities. "
NOAA
10 / 20 / 2006

Radio Nawa

MP Abbas Al-Bayati says that the United Iraqi Alliance headed adheres to the amendment of the constitution
The deputy said the United Iraqi Alliance (Abbas Bayati) that "blocks within the Commission to amend the Constitution, held several meetings to find a mechanism for the selection of the Chairman of the Committee and put forward several ideas." He (Al-Bayati) in a press statement that "the coalition Pmerchha adheres to the chairmanship of the Committee, Sheikh (Humam Hamudi) because of the experience and background adequate for this position." The parliament has approved the agreement last month between the main parliamentary blocs provides for the formation of a committee to reconsider the clauses of the Constitution. NOAA 10 / 20 / 2006

Radio Nawa

Cabinet agrees to enter into contracts with security companies to protect the international road to Syria and Jordan

The Cabinet decided to approve the establishment of the Ministry of Transport, concluded contracts with security companies to ensure the protection of the international road to Syria and Jordan. A spokesman for the Iraqi government (for Skinner) in a statement that the Council agreed at its 23 on the establishment of the Ministry of Transport, concluded contracts with security companies to protect the international road to Syria and Jordan in return for lump sums by the Ministry of Finance. " He pointed out that "approved a draft law amending the rents on units Els a family belonging to government departments and the public sector. " NOAA 10 / 20 / 2006