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

Iraqi governorates would confuse the work of the constitutions of the draft social network

Pregnancy and Minister of Labor and Social Affairs Sheikh Mahmoud Al-Radi, the multiplicity of laws and constitutions of the provinces, the responsibility of confusion that happened in the implementation of a project of social protection network, which is considered one of the biggest activities achieved in Iraq. Radi added that the ministry recently identified some confusion in the relationship between the Department of Social Welfare and district councils, pointing out that each of the law and constitution, a decree establishing validity and moves, and the district councils of the right to object to the principal of social welfare in the province. He stressed that the Ministry of Labor and departments is committed to its borders «We are ready to reach understanding with the provincial assemblies and all call for the formation of the joint investigative committees to operate without any limits» to overcome differences.


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Originally Posted by DanielJay

There is no information that supports my theory of any further movement until the end of the year. Hence the "shot in the dark". But, what is to stop them from doing just that? They can start, stop, or do anything they want. Trust me i want this to happen just as much as everyone else, but I was just throwing the "what if" out there.

They can do whatever they want, just becuase we want it to happen doesnt mean it will.

actually you are wrong. it would be a totally ignorant business decision on the part of the iraqi government to not have their currency valued at what they are worth. ask mr. knowles, he is an economist and can tell you i am right on this. they can not open that country up to investment at the price the dinar is now no way in hell would they even attempt it. any move otherwise would itself cause chaos and invite the unruly neighbors in to pick about like vultures.

not to mention the business decision of the united states government and all the other goverments that have invested in the country to date. you sit there and propose to say that iraq will thumb their noses at the world and not raise the value of the dinar when they open it to the world market? you obviously have been smoking better weed than ive ever been exposed to if you believe your own theory.

not to mention the fact that theyve released press statements enforcing the fact that they indeed will raise the value of the dinar 75% of the 'real' rate which is nowhere near where it is now. in that same article the oil is discussed and that law has been publically stated to be released in january 07.

as i said, there is lots of proof that your theory is bull and that it will indeed revalue very soon. read the articles if you can stop frowning long enough to focus.

This was posted at that other place today:

I have been in Iran for the past month. There are lots of money exchange shops here, and nearly all of them deal in Iraqi Dinar. When I arrived here they were selling dinar for much better rates than the exchange rates quoted by CBI (luckily I bought 20 mil), For the past 4 days I have been trying to buy another 10 mil. but I can not even find one dealer who is willing to sell at a reasonable rate, and its getting harder by the day.
They were quoting selling rates of 1260 dinars per dollar today.

Originally Posted by Mike5200

This was posted at that other place today:

Originally Posted by shotgunsusie

actually you are wrong. it would be a totally ignorant business decision on the part of the iraqi government to not have their currency valued at what they are worth. ask mr. knowles, he is an economist and can tell you i am right on this. they can not open that country up to investment at the price the dinar is now no way in hell would they even attempt it. any move otherwise would itself cause chaos and invite the unruly neighbors in to pick about like vultures.

not to mention the business decision of the united states government and all the other goverments that have invested in the country to date. you sit there and propose to say that iraq will thumb their noses at the world and not raise the value of the dinar when they open it to the world market? you obviously have been smoking better weed than ive ever been exposed to if you believe your own theory.

He even states there is no supporting documentation to back him up. His is just throwing crap out there just to get a rise. I would never just say something could happen if there was no justification for it, unless I had another motive. Clearly DanielJay is just trying to stir the pot.

Originally Posted by shotgunsusie

you obviously have been smoking better weed than ive ever been exposed to if you believe your own theory.

Bush, advisers to huddle at Crawford on new Iraq strategy
Updated 12/26/2006 7:46 PM

CRAWFORD, Texas (AP) — President Bush went to his ranch Tuesday to rethink U.S. involvement in Iraq while a leading Democratic senator said he would oppose any increase in American troops there.

Bush, advisers to huddle at Crawford on new Iraq strategy - USATODAY.com

Iraq-Currency
Dollar demand sharply lower in Iraqi Cenbank auction
Baghdad, Dec 26, (VOI) – Demand for U.S. dollars was sharply lower in the Iraqi central bank daily auction on Tuesday, reaching $2.700 million from $16.450 million on Monday.
The bank said in its daily statement it covered all bids which were $2 million in cash and $700,000 in foreign transfers at an exchange rate of 1,338 dinars per dollar, seven dinars lower than from Monday’s session.
Five banks participated in Tuesday’s auction and offered to sell $3.820 million which the central bank bought all at 1,336 dinars per dollar.
Economist Abdul-Razzaq al-Abaiji told the independent news agency Voices of Iraq (VOI) the lower dollar exchange rate led to a big decline in dollar demand while selling offers were abound.
Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

Here You Go... Noozz.com | IRAQ

Originally Posted by shotgunsusie

you obviously have been smoking better weed than ive ever been exposed to if you believe your own theory.

Whoaaaaaaa, Nellie.

Now we know that Susie is the qualified expert here on weed now, so this guy has to be full of it....