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  1. #19791
    Senior Investor ronbo's Avatar
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    Can you all imagine the party in Iraq if they hand out the 10,000 dinar checks and it should happen to RV at 3.22?
    Any thoughts on this?

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    Senior Investor MOM2TWO's Avatar
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    Question Bank of America

    An extremely close relative of mine is a VP for an investment branch of B of A, his wife and I are very close. I asked her if she has heard anything regarding BofA and dinars. She said no. However, she has mentioned in passing that she wouldn't be allowed to share investing info. blah blah

    Perhaps his job wouldn't be aware of foreign currency, but thought I would share this info. Wasn't there someone going directly to the bank to ask today??

    If you would like for me to be more specific I will via PM---sorry, feeling a bit exposed today.....

  3. #19793
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    Default The benefits of joining the IMF and the World Bank

    I don't think I have seen this posted, if so, sorry...

    The benefits of Iraq joining the IMF and the World Bank
    02/11/2006
    Source: Al-Sabah

    Economists, concerned Iraqis and foreigners disagree on the subject above while some of them believe that Iraqi government has rushed to resort to the IMF and the World Bank to reschedule its debts on the terms of implementing the policy of economic reform; however, only (11.6) billion dollars of the foreign debts have been quenched as a first stage, and this only makes (7.8%) of the foreign debt. It is a small percentage in return for submitting to the conditions of the economic reform policy, which include:

    1- raising support for the prices of fuels and other services.
    2- Canceling the ration card.
    3- Privatization of the public sector and transfer most of its business to the private sector.

    However, the application of these procedures in light of the current circumstances of the country and this speed has serious negative repercussions on the Iraqi society who is suffering already. It is unreasonable to convert a centrally planned economy based on the absolute leadership of the public sector for four decades into a liberal economy based on free market economy, overnight. After the events of 9\4\2003, Iraq suffered from political and economic shocks that are intolerable for a developing country like Iraq.

    More on this story, just follow the link :
    http://www.iraqdirectory.com/DisplayNews.aspx?id=2470

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    Iraqi Shiites Continue to Exert Independence and Seek Changes to U.N. Deal on U.S. Troops - New York Times




    Iraqi Shiites Continue to Exert Independence and Seek Changes to U.N. Deal on U.S. Troops
    Ali Abbas/European Pressphoto Agency
    Mourners near a Baghdad hospital Wednesday after an attack Tuesday on a wedding party killed the bride, the groom, 9 children and 12 others.

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    By SABRINA TAVERNISE
    Published: November 2, 2006
    BAGHDAD, Nov. 1 — In a continued effort to demonstrate their independence from Washington, Iraqi Shiites are pressing a fresh set of conditions on their American supporters, asking for changes in the Iraqi government’s relationship with the United States military.

    Skip to next paragraph
    The Reach of War
    Go to Complete Coverage » In a move that seemed designed more to placate Iraq’s Shiite majority than to influence the broader management of the war, Iraqi leaders have drawn up a set of changes to a United Nations agreement that provides some of the legal basis for American troops here.

    The changes, if enacted, could give the Iraqi government more control over its own armed forces, something Iraqi leaders want, but were not likely to change fundamentally the way the war is directed.

    The United Nations agreement, which expires on Dec. 31, is not the only source of legal justification for continued presence of American troops here. Another is the Iraqi Constitution. Even if the agreement expired, the status of the American military here would not change. What is more, no single Iraqi group truly wants the Americans out.

    Iraqi leaders say they cannot accept a continuation of the United Nations agreement, which gives the United States and 27 other countries “the authority to take all necessary measures to contribute to the maintenance of security and stability in Iraq” without attaching some conditions to the original agreement. They say they want more control over their military to protect vulnerable areas from insurgent attacks.

    A common view among American officers in the field, though, is that Iraqi troops, more than three years after the American effort to rebuild the Iraqi forces began, are years away from being able to fight the war on their own.

    A 19-member committee of Iraq’s top political leaders, its prime minister and its president has agreed on six conditions, said one Shiite politician who has participated in negotiations. The points are being discussed with senior American military commanders here as well as with officials from the American and British Embassies.

    They will be codified in a memorandum between Prime Minister Nuri Kamal al-Maliki and President Bush, Shiite lawmakers said, although the type of document is still a subject of debate. Iraqis say they will not insist on reopening the case publicly at the United Nations to avoid the risk of not having it extended.

    Even so, they could embarrass the Americans by refusing to relent on changes, even as the deadline for extending the United Nations agreement nears or passes. But if that happened, the only serious question would be about the status of foreign forces from other countries, who provide more than 17,000 troops and whose legal status for being here is still more closely bound with the United Nations agreement.

    “They agreed on almost all the conditions,” said Sami al-Askari, a Shiite politician whose political bloc has participated in the talks, but “we want legal guarantees that this document will be implemented, otherwise we will have a problem facing the Parliament.”

    A spokesman for the United States Embassy in Baghdad confirmed that American officials were in talks with the Iraqi government on the subject, but would not give details.

    The changes the leaders seek include speeding up the process of handing over control to Iraqi regions for their own security sooner, currently scheduled to be completed in the first half of next year. Under the current arrangement, American forces have full operational control nationally until the end of 2007, and political leaders seek more control over security for portions of the country earlier, according to Mowaffak al-Rubaie, Iraq’s national security adviser.

    “Iraqi leaders are handcuffed” by the United Nations agreement, said Hadi al-Ameri, a member of the committee and the leader of the Defense and Security Committee in Parliament. “We will not tell the Americans to go, but if they stay it should be according to conditions.”

    Mr. Maliki remarked bitterly in an interview with Reuters last week that he could not move one company of Iraqi soldiers without permission from the American military.

    The complaint is a striking example of just how far apart Iraqi and American leaders are, at least in their public statements.

    Demands for a faster transition to Iraqi control are being made at a time when the 141,000 American forces deployed here remain the indispensable core of the war effort. Shiite officials in the Maliki government have acknowledged that fast-forwarding the move to Iraqi control involves “risks,” an assessment many American officers call an understatement.

    Nowhere is that more apparent than in Baghdad, where American and Iraqi officials have said the war will be won or lost. In the stepped-up effort to regain control of the capital that began in August — an effort now admitted by American commanders to be faltering, partly for lack of troops — nearly two-thirds of the forces have been American. Only a third of the needed Iraqi forces ever showed up, leaving the effort vastly understaffed.

    Skip to next paragraph
    The Reach of War
    Go to Complete Coverage » The Shiite demands spring from a frustration deep within the Shiite leadership that has been building for months over the American approach to the war. Shiites say Americans, particularly Ambassador Zalmay Khalilzad, have focused unfairly on Shiite-run death squads and that the American military has not been tough enough on Sunni militias.

    “There is a feeling that the Americans diverted their support to the Sunni side,” Mr. Askari said.

    Mr. Maliki has repeatedly acted to soothe this frustration in recent weeks with policy moves asserting his own independence from the Americans. Last month, he demanded that the American military release a Shiite cleric whom it had suspected of death squad activity, and on Tuesday, he ordered the lifting of an American security cordon here. He has to ask American permission as he does not have operational control of the American forces, something that Americans will never give.

    “Now they hear about amnesty for Baathists,” Mr. Askari said, referring to the Sunni-dominated party that ran the country under Saddam Hussein. And Sadr City, the largest Shiite district, he said, “is surrounded from all sides. If it continues like this, it is very dangerous.”

    Mr. Maliki even refused an American request last month for amnesty for some prisoners at the end of Ramadan, Mr. Askari said. Many in American facilities are Sunni Arabs, and Shiites often say that Americans release too many of them.

    That argument goes to the very heart of the war here, which has shifted from a Sunni-led insurgency to an even deadlier conflict in which Shiite and Sunni militias force members of the other group out of neighborhoods and carry out revenge killings with relative impunity. But while formerly these arguments were the domain of Iraq’s most partisan politicians, Mr. Maliki himself is now putting them forth in a sign of just how strained relations with the American military have become.

    They are also deeply troubling to American military commanders, who fear the government will use the security forces, largely Shiite, selectively to protect Shiites, or in an even darker possibility, as a fighting force on one side of a civil war.

    American officials have expressed frustration with the government of Mr. Maliki, saying it has been slow to begin to make changes badly needed to stabilize the country and that action against death squads is just one of them. Mr. Khalilzad detailed a series of goals last month in remarks that Mr. Maliki angrily dismissed as “inaccurate.”

    Attacks that harden Iraqi groups against one another continued. At least 18 Iraqis were killed in a series of attacks across the capital on Wednesday. In addition, 35 bodies were found. Casualties mounted in a suicide attack Tuesday on a wedding party. In all, 23 Iraqis, including 9 children, the bride and the groom, were killed in the blast, The Associated Press reported. Gunmen on Wednesday seized two Sunni coaches from a youth center. One of them taught blind athletes.

    The military on Wednesday announced two deaths on Tuesday, a soldier in Baghdad and a marine in western Iraq, bringing the toll for October to 105.

    Iraqi leaders said they expected to submit the new text of the changes by Dec. 1. It must pass through Parliament before taking effect.
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  5. #19795
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    Quote Originally Posted by ronbo View Post
    Can you all imagine the party in Iraq if they hand out the 10,000 dinar checks and it should happen to RV at 3.22?
    Any thoughts on this?
    i could easily imagine the government giving out 10,000 dinar as a grant to the citizens if it were worth say equivalent of £200-£300 because thats the sort of figure our government give to the aged population for heating.

    Also I could imagine them giving out the 10,000 dinar now worth $6 even it it revals later.

    But i cannot believe a government would give out 10,000 dinar once it it revalued and worth between $10-25000, that to me would not happen. I hope it does for their sake, if anyone deserves it they do, but it seems an unbelievable gift to receive from a government.


  6. #19796
    Senior Investor Inscrutable's Avatar
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    Quote Originally Posted by MOM2TWO View Post
    An extremely close relative of mine is a VP for an investment branch of B of A, his wife and I are very close. I asked her if she has heard anything regarding BofA and dinars. She said no. However, she has mentioned in passing that she wouldn't be allowed to share investing info. blah blah
    Perhaps his job wouldn't be aware of foreign currency, but thought I would share this info. Wasn't there someone going directly to the bank to ask today??

    If you would like for me to be more specific I will via PM---sorry, feeling a bit exposed today.....
    I believe most banks abide by a bank secrecy act, don't know if this applies to tellers but it certianly would cause problems for a VP.
    If you need dinar you can get it at Chase as well as some other banks. If it's just to debunk the rumor just let it ride out as we'll know soon enough. I think Susie also mentioned someone she thought credible told her the same.

  7. #19797
    Investor dinartank's Avatar
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    IS this a joke Phiberobtic??? If not so much for those wanting to open foriegn seas accounts thought about it myself but not sure i was gonna. The goverment is on us like flys on shit. There watching everything these boards are talking about because some of us are so smart they want to make sure someone is not hacking into sensitve info and they know were on top of things reguarding IRAQ. So if you the gov is reading this FACK YOU.... RV the dinar already and stop the speculation do it not only to make us wealthy and or better off (think of all the tax money you guys can collect) do it for the poor people of iraq for christ sake so they can rebuild there cities to have running water so that people dont have to take a dump in the steets or in a bucket. Do it for HUMANITY!!!!!!!
    Use common sense...the world may just start look different....its always fun to dream...and you never know they may come true ONE DAY

  8. #19798
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    Quote Originally Posted by Dinar Duchess View Post
    i could easily imagine the government giving out 10,000 dinar as a grant to the citizens if it were worth say equivalent of £200-£300 because thats the sort of figure our government give to the aged population for heating.

    Also I could imagine them giving out the 10,000 dinar now worth $6 even it it revals later.

    But i cannot believe a government would give out 10,000 dinar once it it revalued and worth between $10-25000, that to me would not happen. I hope it does for their sake, if anyone deserves it they do, but it seems an unbelievable gift to receive from a government.


    Read the below article about a Kuwaiti donation to our Hurricane Katrina victims. (2005 article)

    Washington Life: The government of Kuwait recently announced that it would be giving $500 million to the United States for humanitarian assistance to the victims of Hurricane Katrina. What was the impetus for this incredibly generous gift? Ambassador Salem

    Al-Sabah: It is our duty as friends and it is our pleasure to come to the assistance of the United States in its hour of need. The people of Kuwait were devastated when they saw the amount of destruction that Katrina left in its wake. Our government announced this donation because we are close friends of the United States and you know, “friends in need are friends indeed.” The United States was there for us in our hour of need back in 1990.

  9. #19799
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    Quote Originally Posted by Dinar Duchess View Post
    i could easily imagine the government giving out 10,000 dinar as a grant to the citizens if it were worth say equivalent of £200-£300 because thats the sort of figure our government give to the aged population for heating.

    Also I could imagine them giving out the 10,000 dinar now worth $6 even it it revals later.

    But i cannot believe a government would give out 10,000 dinar once it it revalued and worth between $10-25000, that to me would not happen. I hope it does for their sake, if anyone deserves it they do, but it seems an unbelievable gift to receive from a government.

    Duchess, laff if you like, but guess what? kuwait was about to give each US soldier a gift of $25,000.00 after their liberation back in 91, but the usgov nixed it. So why wouldnt the GOI want to look out for their own peeps, even more so than the Kuwaitis would want to thank us? Theyve got more wealth than you give them credit for...soon many iraqis wont need to work, they will employ foreigners to do the work for them...

  10. #19800
    Senior Member Pegasus's Avatar
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    Quote Originally Posted by strongtower View Post
    WATCH OUT FOR SCAM DINAR COMPANIES
    Corrupt Companies Submitted: 9/23/2005 1:05:42 AM
    Modified: 3/3/2006 10:15:15 AM


    HSDinar, Dinarmerchant, Usdinar , Goldendinars, This company fraudently offered Iraqi Dinar for sale with no intention of following through with their part once they had my money. Palos Hills Illinois *REBUTTAL Owner of company ..All the allegations are misleading.

    Company
    HSDinar, Dinarmerchant, Usdinar , Goldendinars,
    Address:
    10336 S Harlem Ave,
    Palos Hills Illinois 60465
    U.S.A.
    Phone Number:
    800-609 3413
    Fax:


    I tried to buy some Dinar through this company. They had all the right logos, BBBon-line and US Treasury registered that made them appear legitimate.

    Unfortunately that is not the case. The address they have on their website is not the one to which they have you send the cashier's check (or money order only,--- very clever way to make it impossible to get your money back)That address is:-
    US Trade
    P.O.Box 1765
    Bridgeview, IL 60455
    The check is to be made out to C/O Hani.

    When I checked with the BBB they said that this address belongs to a company called Midamerica. I don't know if they are legit or not or if it is just another name for this fraud. When I try to call the phone number they have listed it goes to a recording which tells me I have reached a different number to the one I dialled. When I sent an e-mail this is what I got back:-

    Hi. This is the qmail-send program at mailbox2.hrnoc.net.
    I'm afraid I wasn't able to deliver your message to the following addresses.

    This is a permanent error; I've given up. Sorry it didn't work out.

    This seems like a very personal sounding "delivery failure notice".

    When I sent a further e-mail there was no response at all.

    Josy
    Eagle River, Alaska
    U.S.A.



    If you would like to see more Rip-off ReportsTM on HSDinar, Dinarmerchant, Usdinar , Goldendinars,, please use the search box below

    In order to assure the best results in your search:
    Keep the name short & simple, and try different variations of the name.
    Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
    Use only the first/main part of a name to get best results.
    Only search one name at a time if Company has many AKA’s.
    Click here to go to our advanced search page.





    Rebuttal REBUTTAL Owner of company
    Submitted: 3/3/2006 10:03:33 AM Modified: 3/3/2006 10:03:33 AM



    All the allegations are misleading.



    We are a legitimate company with thousands of satisfied customers. If you have a problem with your order for some reason, you should contact the proper numbers listed. The customer service number is 800-609-3413, customer service emails are [email protected], or [email protected].

    Please remember we have a very large volume of phone calls and email. If you don't get through, please try again. DON'T JUMP TO CONCLUSIONS.

    When you start a transaction with a pre-disposition then everything seems to be a scam. We have had more than 10,000 satisfied customers. Most likely, your issue has also been resolved, but you didn't retract your report.

    Again, we accept that problems do occur with a few customers' orders, and most of them are resolved. You can not treat regular problems in the line of business as Rip Offs.

    REMEMBER YOU CAN'T "CLAP WITH ONE HAND" THERE IS ALWAYS SOMETHING THAT WENT WRONG FROM BOTH SIDES. THIS DOESN'T MEAN IT CAN'T BE RESOLVED.

    Also remember, that when you file a report like this, you are making statements that may not be substantiated. Just because of your predisposition, a business could get hurt.

    BEGIN QUOTE: "I'm afraid I wasn't able to deliver your message to the following addresses.

    This is a permanent error; I've given up. Sorry it didn't work out.

    This seems like a very personal sounding "delivery failure notice".

    END QUOTE:

    This is how our mail server sends that notice. This is rather fishy how you tried to portray this. ARE YOU REALLY OUR CUSTOMER? If yes please call us at 800-609-3413, press 2, give your name and we will be able to help you with your order (if any).

    In conlusion, we would like to remind our present and future customers to try getting in touch with us first, and have a reseaonable approach.

    Thank you.

    Samir - Chicago, Illinois
    U.S.A.



    REBUTTAL BOX
    MY COMPANY HAS BEEN REPORTED!
    HOW DO I RESPOND?
    Are you an owner, employee or ex-employee with either negative or positive information about the company or can you provide "insider information" on this company? Do you have a consumer suggestion on how to resolve this problem or how to avoid it in the future? ONLY these types of responses will be added to the filed report, and will be posted within 24 hours of receipt. Make your voice heard. Let them know your side, too!
    CLICK HERE to Send us your rebuttal on this specific report only.
    or
    ***If you are also a victim of the same company or person,
    YOU NEED TO FILE YOUR OWN RIP-OFF REPORT.
    CLICK HERE to File your OWN Rip-Off Report

    I bought my first order with them, then never again. It took several months to get my order. I will say that all was well with the order when it finally arrived. I think they don't actually have the dinar in-house. I'm thinking they use the money that comes in to place the order, then wait for it to arrive. Waiting for several months is not acceptable. Since then, I have mostly used an overnight COD service that always comes through. (Except for those times that I was weak and ordered some small stuff thru e-bay!)
    "If you don't stand for something, you will fall for everything."

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