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

Originally Posted by garthstar

Mike, you mentioned earlier that the reval would probably have to wait until after an imminently pending cabinet reshuffle.

any idea how long for Maliki to decide, any word from the Kurds on this perhaps?

Good question,

The pressure has been turned up on Maliki, and I already heard several names, so this is well along in the process at this point, so I don't think it will be much longer, could be Sunday or Tuesday of next week was what I heard.

Good luck to all, Mike

Originally Posted by Bigslick116

Hey all, just got home from work. What's the good word??

You've got 47 pages of reading to do!

Originally Posted by Offshore-Wealth.com

Good question,

The pressure has been turned up on Maliki, and I already heard several names, so this is well along in the process at this point, so I don't think it will be much longer, could be Sunday or Tuesday of next week was what I heard.

Good luck to all, Mike

for the shuffle or the .... you know

Originally Posted by lndmn_01

This has been my question all along^^^^ Is the GoI really so corrupt that it can't be done? it is the easiest solution possible.

Ya, i think the GoI is that corrupt... or atleast some within the GoI.

I think this has been a major reason why no RV as of today. The cabinet is under going a major reshuffle. Is the reshuffle because of incompetance or corruption? I can't say for sure but i do know that numerous reports show millions and billions unused or unaccounted for.

Originally Posted by jsfletcher

I couldn't help but notice your sig. I remember when the yaz.. rate was being talked about, but I missed where it was talked about it being $1.8+ sorry if I missed it

js...Ever since the article talking about returning the dinar to the Yazzman rate, I've done alot of research on it. During Saddams rule the "bigheads" on the street basically controlled what the exchange would be, the "black market" rate. When the CBI took over with the bank auctions, the "bigheads" said that they would NOT acknowledge any rate the banks came up with. In the article it seems that they believe thats the best way to go, since the men on the street are the ones who are REALLY controlling the going rate of the dinar. The last known "black market" rate PRIOR to the CBI auctions that I could find was in late 1989, the official exchange rate was 0.31 dinar for US$1. The black market rate was reported as being five to six times (1.86 dinars for US$1) higher than the official rate. Hence my signature of $1.86. I may be wrong but I still feel they will base it on (return to) the "black market" rate...whatever that may be. As I said the 1.86 is the last rate I could find, it could be different...but I feel strongly it will be HIGH. Only time will tell.

Just one link that explains more about the "bigheads"

:: The Independent Voice of Iraq :: IRAQ TODAY ::


Cheers!
DayDream

Originally Posted by garthstar

Mike, you mentioned earlier that the reval would probably have to wait until after an imminently pending cabinet reshuffle.

any idea how long for Maliki to decide, any word from the Kurds on this perhaps?

Originally Posted by jsfletcher

for the shuffle or the .... you know

The decission jsfletcher.

Originally Posted by Fatwallet

They are raising the value for sure, now once I see what the rate is gonna be?

Only then will I go a wooooooooooooting!

The rate, not when - that is the million dollar question

Originally Posted by DayDream

js...Ever since the article talking about returning the dinar to the Yazzman rate, I've done alot of research on it. During Saddams rule the "bigheads" on the street basically controlled what the exchange would be, the "black market" rate. When the CBI took over with the bank auctions, the "bigheads" said that they would NOT acknowledge any rate the banks came up with. In the article it seems that they believe thats the best way to go, since the men on the street are the ones who are REALLY controlling the going rate of the dinar. The last known "black market" rate PRIOR to the CBI auctions that I could find was in late 1989, the official exchange rate was 0.31 dinar for US$1. The black market rate was reported as being five to six times (1.86 dinars for US$1) higher than the official rate. Hence my signature of $1.86. I may be wrong but I still feel they will base it on (return to) the "black market" rate...whatever that may be. As I said the 1.86 is the last rate I could find, it could be different...but I feel strongly it will be HIGH. Only time will tell.

Just one link that explains more about the "bigheads"

:: The Independent Voice of Iraq :: IRAQ TODAY ::


Cheers!
DayDream

Very good job on putting this deal together!!!!!!!!!!

Great work!!!!!!!

Originally Posted by Offshore-Wealth.com

Good question,

The pressure has been turned up on Maliki, and I already heard several names, so this is well along in the process at this point, so I don't think it will be much longer, could be Sunday or Tuesday of next week was what I heard.

Good luck to all, Mike

13 / 11 / 2006 16:51 (GMT)


أعلن النائب عباس البياتي من كتلة الائتلاف العراقي الموحد اليوم أن التغيير الوزراي الشامل الذي دعا اليه رئيس الوزراء نوري المالكي الأحد سيتم خلال أسابيع وسيشمل نحو عشر وزارات.MP Abbas Al-Bayati of the mass of the United Iraqi Alliance said today that the change ministerial destruction, which called Prime Minister Nuri al-Maliki on Sunday will be a few weeks and will include about ten ministries.

وأكد البياتي ان التغيير سيكون على أساس التكنوقراط والكفاءة، موضحا أن التعديل سيتم بعد التقييم الموضوعي للوزير وأن المالكي سيقوم بإبلاغ الكتل التي سيتم تغيير وزرائها وسيطلب منها ثلاثة مرشحين جددا لكل حقيبة.Bayati emphasized that the change will be based on technocrats and efficiency, He pointed out that the amendment will be after the objective evaluation of the Minister and Maliki will inform the masses that will be a change of Ministers and will ask three candidates for each new bag.

وتابع البياتي انه في حال عدم كفاءة المرشحين الثلاثة فإنه سيتم تغييرهم أيضا مشيرا إلى أن ذلك يشمل تغييرا في توزيع الحقائب التي منحت للكتل، أي أن الحقائب قد تذهب من كتلة إلى أخرى بغض النظر عن الشخص.He continued Bayati that in the absence of the efficiency of the three candidates, it will be committee members also pointed out that this includes a change in the distribution of portfolios given to the masses, any bags that might go from block to another, regardless of the person.

وردا على سؤال عما إذا كانت الوزارات الأمنية مشمولة بالتغيير، قال البياتي إن جميع الوزارات عرضة للتغير.Replying to a question whether the security ministries covered by the change, Al-Bayati said that all ministries to be changed.

Originally Posted by OneShotOneKill

I could pay off my house and Ex wife......


OSOK

PRICELESS ................