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

I dunno Choochie. After we put away our "girls gone wild" hats we may have to stop off in Palm Springs to the Betty Ford Center to dry out after all the non-stop partying...Sigh. Then it's on to gamblers anonymous. I'm really glad to have met you all!!

Originally Posted by bigopie

hmmmm...12 steps huh......wonder why it always took me 20 or more????......hmmmmmmm......GO DINARS....Pat

The stumbling always adds a few more steps Pat!!

Ministry of oil says fuel prices will NOT be increased. So much for this one.

http://www.alsabaah.com/paper.php?s...rpage&sid=25145

Not good. Not sure what is going on here, gonna have to speak to others on this. Seems the oil minister has gone over the deputy oil ministers head on this, WHY? Only he knows....maybe they're delaying the price hike for some reason.

still seems to me (what do i know tho eh? (clueless!)) that it would be good from the governments perspective if they could announce the reval and remove the subsidies at the same time to avoid pain and unrest in the public. but certainly possible that there are factors that make that impractical or even impossible.

ahhhhh yes Whatever....i for got about the stumbling......and what a stumbler i am i might add.....hahaha....GO DINARS...Pat

Maybe they felt it was bad stragegy to announce an oil price increase at this time. If an rv IS IN THE WORKS AND IS IMMINENT, they may wish to make the announcement afterwards, so as to not further incite the people.

Just my guess, you would think they would of coordinated that better.

Hey Mike, You have been quiet today. Any info?

Originally Posted by Adster

Maybe they felt it was bad stragegy to announce an oil price increase at this time. If an rv IS IN THE WORKS AND IS IMMINENT, they may wish to make the announcement afterwards, so as to not further incite the people.

Just my guess, you would think they would of coordinated that better.

It seemed to me that raising oil prices prior to a reval would upset the masses who are already often without electricity as well as many other basic comforts, and feeling resentful of their Arab counterparts who for the most part have much higher standards of living. Once they have a decent reval it won't be so painful to see price increases. Clearly the powers-that-be cannot continue to keep the dinar at such a low level.. The Iraqi people can't be left in the lurch indefinately without some montary incentives and besides, it's hardly worth the paper it's printed on currently. That's my 2 Dinar's worth Adam!

ATB
Kate

Originally Posted by whatever

It seemed to me that raising oil prices prior to a reval would upset the masses who are already often without electricity as well as many other basic comforts, and feeling resentful of their Arab counterparts who for the most part have much higher standards of living. Once they have a decent reval it won't be so painful to see price increases. Clearly the powers-that-be cannot continue to keep the dinar at such a low level.. The Iraqi people can't be left in the lurch indefinately without some montary incentives and besides, it's hardly worth the paper it's printed on currently. That's my 2 Dinar's worth Adam!

ATB
Kate

Right on Kate, right on.

Adster, you still haven't answered my question. What new peg figure have you heard. Cigarman