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18-12-2006, 03:29 AM #33621
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May the New Year bring hope & prosperity to all Iraq and for all of us!
God bless our soldiers and bring them home safe.
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18-12-2006, 03:29 AM #33622
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Lets stay positive and not think about this zero lop. Perhaps these are the additional notes that will be distributed soon! Again, lets take the high road! With the acceptance coutrywide, the current currency is the best money going.
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18-12-2006, 03:33 AM #33623
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18-12-2006, 03:34 AM #33624
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Truck and Barter: Iraqi Dinar Discussion: December 14, 2006 - ...
it's near the bottom, a poster named Hsiv QnayWhen there is confidence in any currency, stability and growth are the next to follow..
www.accubooks1.com
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18-12-2006, 03:35 AM #33625
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18-12-2006, 03:40 AM #33626
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Reconciliation Conference ends without exception important recommendations exchange
(Voice of Iraq) - 12 - 18-2006
This issue was sent to a friend
Reconciliation Conference ends without the recommendations of the task except for the lucrative pay of Saddam's army officers
Constitutional amendments to the Commission emphasized the need to adhere to the prohibition of the Baath «» and prevent its members from assuming leadership positions
BAGHDAD : «» Middle East
The Iraqi national reconciliation conference in Baghdad yesterday, without significant results except for a key recommendation, for the payment of pensions to the salaries of officers in the Iraqi army of former Iraqi President Saddam Hussein dissolved.
A spokesman for the Conference champion Ani, for the French news agency, said that «the main practical recommendation, is to distract the pensions of former Iraqi army officers, but the rest of the recommendations, it is within the scope of slogans and good intentions, which need to be tested on the ground». It quoted the French Press Agency to Ani said, that care are concerned, in particular, the disbanded Iraqi army officers, who number approximately 350 thousand.
The conference is split into four committees, discussed four issues are the constitutional amendments and the army, militias and expand political participation. The head of the army, Najib Salhi (Chairman of the Free Officers Movement, which participated in the political process and the legislative elections, but is not represented in parliament), in the final public meeting of the Conference, the Committee recommends «the auspices of the former military, by granting them salary pension rewarding». He added, «let's be realistic, the former army (in the era of Saddam Hussein) had a million military and the current Army could not absorb all of this number, and should therefore pay pensions rewarding them».
He suggested the formation of Al-Salihi, a special committee of the Prime Minister Nuri al-Maliki, in his capacity as commander-in-chief of the armed forces, to discuss how to care for former military, stressing that they are «sons and the sons of Iraq with the spirit of national». The committee also demanded the return of compulsory military service in Iraq, which was abolished after the fall of Saddam Hussein's regime in 2003.
The reconciliation conference, which was Maliki hopes to include parties from within the political process, and opponents have opened the day before yesterday, without the participation of any representative of the opposition outside Iraq. Although Maliki adopt a conciliatory toward former Baathists, declaring that the army doors open to those who wished to return, and calling on him to review the work of the rules of uprooting the Baath, but the absence of representatives of the opposition groups, rescinded, cast a shadow over the effectiveness of the initiative.
The Conference was held also in the absence of mass chest and two Snitin involved in the political process, and the Iraqi List, led by former Prime Minister Iyad Allawi, and any representative of the opposition outside Iraq. The Iraqi prime minister had called, in a speech at the opening of the conference, the Iraqi parliament to reconsider the rules work of the Ba `ath party. However, there is no reference to this call, in the recommendations issued yesterday from the four committees, which split by the conference, which examined four cases, are the constitutional amendments and the army, militias and expand political participation.
On the contrary, the Commission on constitutional amendments in the recommendations, the need to reaffirm the commitment to «Articles 7 and No. 137 in the new Iraqi constitution, which was approved in 2005, which provide for the prohibition of the Baath Party and the prohibition of any former member of the Baath Party leadership position in the state, unless they have left the party ten years before the fall of Saddam's regime».
But Ani explained that Scott recommendations of the conference call Maliki, due to the fact that «reconsidering the law abolishing the Baath purview of the Chief Minister, who is to be presented by the proposal to amend this law to the Parliament». Participants suggested «ban armed militias and the integration of its personnel in the civil administrations, and cleared Iraqi forces from abusive elements belonging to the militia». And the American administration to pressure the Iraqi government to solve the sectarian militias, especially the Mahdi Army militia, affiliated to the movement of Shiite leader Muqtada al-Sadr, accused of contributing to the fueling sectarian violence, which has dropped from 120 people per day according to the United Nations.
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18-12-2006, 03:43 AM #33627
I wanted to see what the current M2/reserves looked like compared to the numbers from 2004 here's what I found in the CBI key financial spreadsheet...
December 2004
Exchange rate: 1460
M2: 12.254 trillion dinar(8.39 billion USD)
Net foreign assets: 7.35 billion USD
(Gold and SDRs,
Investments,
Cash in CBI Vaults)
November 23 2006
Exchange rate: 1446
M2: 14.4 trillion dinar(9.9 billion USD)
Net foreign assets: 13.71 billion billion USD
(Gold and SDRs,
Investments,
Cash in CBI Vaults)
with 14.4 trillion M2, a 25% reserve requirement, the dinar could easily be valued at 1 usd = 270 IQD
Something else really caught my attention. the M2 shown for September was 18.92 trillion dinar but for the week ending on October 5th the M2 is shown as 13.16 trillion. Somehow they managed to reduce the M2 by 5 trillion dinar and we missed it. By the week ending November 23rd the M2 had increased to 14.41 trillion. What concerns me is that we didn't see any thing that should of tipped us off to the fact that they removing 5 trillion dinar from circulation and during the auctions that we've seen over 2 trillion dinar pulled from circulation the M2 has increased by 1 trillion. I'm very confused about this decrease/increase in M2. Hopefully someone can help me out.
Thanks!
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18-12-2006, 03:44 AM #33628
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18-12-2006, 03:44 AM #33629
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Kurd and Kurdistan KurdishMedia.com United Kurdish Voice KURDISH MEDIA/UNITED KURDISH VOICE
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18-12-2006, 03:44 AM #33630
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