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

Originally Posted by ozizoz

Yes I think he does . . .I wonder how many people have gone for it. He offers a big carrot on a certain auction site stating $725 per million plus interest on it . . .then he sneaks in the $75 charge and then hits you again for 20% on proceeds. . .now if you had to pay 45% state and federal tax and then 20% more . . .sounds like your piece of the pie just got eaten by someone else

Like I stated I did business with him ONE time . . .as opposed to the MANY times I have dealth with other individuals . .HINT HINT

Someone needs to put this on every Dinar forum out there and expose this guy before innocent people get ripped off. Dan, please warn all your people if you have another conference call. This is insane, he should be reported

Originally Posted by AlwaysDreaming

Not having the experience of the time that most of you have been on this ride, I would like to ask for opinions. I currently have my dinars in my possession. For the protection of my investment, has most investors put their dinars in an account at Warka? I'm sure I'm not the only one that has wondered if this is the safer route to go. Thanks

Personally, I have split 3 ways.

Notes on hand
Warka account
ISX

Originally Posted by shotgunsusie

read back on my posts. the banks were indeed closed down and wont reopen until after eid per the state banks. the private banks such as warka have their own schedules and warka isnt opening until the _____ 31!! ____
imagine that. lol

Can you imagine shutting down banks for a week in Canada, USA, Australia, UK, France, Holland......... There would be anarchy for sure! LOL.

Originally Posted by DayDream

federal reserve


Reforming Iraq’s Economy. By virtually any mea-sure, economic reconstruction ranks as one of thebiggest challenges facing postwar Iraq. According toBoston Fed economist Christopher Foote and three co-authors, Iraqi success in tackling that task will dependon the degree to which the country adopts the neoclas-sical policies advocated (and, in some cases, put intoplace) by Coalition Provisional Authority (CPA)Administrator L. Paul Bremer

.Foote and company all worked as economists forthe CPA and make little effort to defend (or evenexplain) this proposition to readers who do not alreadyembrace it. However, their FRB Boston working paperoffers an interesting insiders’ perspective on the U.S.-led effort to marketize an oil-dependent mixedeconomy that was characterized by tyranny andcorruption during Saddam Hussein’s reign and furtherdevastated by the effects of war and occupation.(Among other things, the paper provides a valuableaccount of the effort to create a single currency fromthe so-called “Swiss” dinars used in Kurdish sectionsof Iraq and the Saddam dinars circulating in otherareas of the country.)

According to the authors, the transition economiesof Eastern Europe and central Asia served as a modelfor the CPA’s economic initiatives in Iraq. Theoccupying forces sought to impose a familiar blend ofprivatization and liberalization measures, such as newfinancial and monetary statutes that allow widespreadentry of foreign banks in the Iraqi market, decontrolinterest rates and identify domestic price stability as amain objective of Iraq’s central bank (with the pursuitof sustainable growth, employment and prosperityrelegated to subordinate goals). In addition, the CPAlaid the groundwork for a flat tax and pushed theinterim Governing Council to revamp Iraq’s commer-cial laws and lift restrictions on foreign investment.Foote and his co-authors also appear to favor theredistribution of Iraq’s oil wealth through an owner-ship-society approach that partly evokes the Alaska Permanent Fund. (Didn't Susie say something about Alaska the other day?)

All these efforts to transform Iraq into a free-market paradise confronted several major barriers: an environment of pervasive and often lethal violence; theGeneva Convention’s restraints on an occupying powerenacting irreversible economic changes (such asselling off state-owned enterprises); and last butcertainly not least, Iraqi public sentiment. The BostonFed paper describes a “remarkable” series of forumsBremer conducted to sell Iraq’s elites on the benefits oflaissez-faire reform. But the authors (three-quarters ofwhom are public-sector employees) end their study bybemoaning recent poll results showing that the singlemost popular position an Iraqi political party couldadvocate was expanding government employment.Meanwhile, a promise to boost private-sector jobsappealed to fewer than five percent of the respondents– barely more than the portion voicing enthusiasm forimproved phone service and the continued presence ofcoalition forces in Iraq (Christopher Foote, WilliamBlock, Keith Crane and Simon Gray, “EconomicPolicy and Prospects in Iraq,” FRB Boston PublicPolicy Discussion Paper, May 2004) FRBB Public Policy Discussion Papers- Economic Policy and Prospects in Iraq


Cheers!
DayDream

UMMM.... >>> "I TOLD YA SO!!" hehe

Originally Posted by AlwaysDreaming

Not having the experience of the time that most of you have been on this ride, I would like to ask for opinions. I currently have my dinars in my possession. For the protection of my investment, has most investors put their dinars in an account at Warka? I'm sure I'm not the only one that has wondered if this is the safer route to go. Thanks

I think you'll find a variety of answers. I bought mine while deployed and hand carried them home. I'm more conservative; I don't trust those fine unique special peace-challenged individuals a bit, so until an account would be mine all mine in my name (I'm also a control freak), I'm holding off on the bank account/ISX, though I very much do want to get in on that.

Originally Posted by Justpraying

As for the article it is a rueters story and I saw the exact same story posted on BBC today. Missquoted? who knows, you would have to understand arabic and listen the speech, and that is out of my relm!

Hi Justpraying,

Do you have a link? I'd like to listen.

Thank you.

Originally Posted by DayDream

Well as far as their inability to track, If you go back to my post:
http://www.rolclub.com/iraqi-dinar-d...tml#post124650
I mentioned that InterGlobe Networks was the administrator of the CBI website now. Looking on their website they specialize in:
InterGlobe's information technology division focuses on certain technology areas and includes the leading manufacturers in their field as well as education, training, consulting services and complementary products to complete the solution. These divisions are VSAT Services, Oracle Solutions, Infrastructure Data Centers, Wireless Services, GIS Services, FMS Tracking Solutions, Monitoring Systems, Storage Solutions, Security, Construction, Civil Works and General Trading.
Accomplishments:

Owns and operated over 80 enterprise networks using satellite and microwave communications. Such networks and projects in Iraq include the Ministries of Oil, Education, the Central Bank of Iraq and the Iraqi Inter-banking network.

Work done for the MoO for their oil tanker shipments by tracking them using our Affiliates FMSMEA system technology and adapting them to the MoO’s particular need.

Seems if there is tracking to be done these are the guys for the job, and Iraq may have their ducks lined up more than you think.

Cheers!
DayDream

YESSSSSSSSSSS AND THE HITS JUST KEEP ON COMIN!!!!!!!!!!!!
WEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!

Originally Posted by shotgunsusie

<<GRABS YOU UP AND
KISSES YOU RIGHT ON THE FACE IN GLEE!!!!!!!!!!!>>

WEEEEEEEEEEE!!!!!!!!!!!!!!!!

LOVE ALL THIS EXCELLENT NEWS DAYDREAM IS DIGGING DEEP

HERE'S TO THE A TEAM

Originally Posted by Justpraying

Most likely not as much as you think! It does not say how many Hundreds of Billion. Lets say 500 Billion and there is some where around 3-4 Trillion Dinar in circulation! When you do the math, I think I would rather go with the oil.

Just my 2 cents

But it sure would not hurt in addtion to the oil!!!!!

i believe it was 800B (that was the price THEN also remember its went up a ton since then) gold it stated which backed the saddam dinar. combined with what they have potential, and they are about to let the world know how much oil they discovered in the ground there, they can revalue at any fn number they pick. they got the backing.

Originally Posted by Inscrutable

I'm not sure if an audio translation of news still qualifies as a news post so if it's in the wrong place then please accept my apology.

Here is an audio translation of both the soltaliraq.com article and the article from the CBI. A little insight from my friend who is arabic. He seemed a bit excited about the article and you can actually hear him knock on wood.


translation.mp3 - 14.67MB

zSHARE - translation.mp3

Sorry dial-up users it's a 14MB file but maybe someone who has some time and knowledge will cut down the size.

woOt!!!!!!!!!!!!!!!!!!!!