Thread: Heres a new rumor for all of you

well in some parts of the US its already Tuesday and no reval. big disappointment, but not a new or unfamiliar dissapointment here. I think Iam done with the rumors section, its fun and at time hopeful, but with such a lazy corrupt government who cares nothing about the everday well being of its own people, it becomes apparently clear, the reval ain't comin any time soon. If a reval was a comin would Dinar Trade still be selling dinar at the same rate it was a month ago. Our Dinar Reality what a concept!!LOL Sorry I just a little bitter Table for one tonight.
Benzboy

yea Benz...we been there done that before...haven't we...that's why i don't get hi when Al and other rolclub members come in here with their rumors...as good and logical as they may sound we all forget that this is IRAQ we are talking about....HURRY UP AND WAIT should be there motto....and as for all this supposedly INTEL that's floating around, we have also been there and done that...NO ONE....I repeat...NO ONE knows when a revel will happen...if indeed it does....now they are talking about having one currency for a few a RAB COUNTRIES INCLUDING Iraq by 2011....so will the dinar we have be worth anything?....sorry AL..its not a computer glich holding up these *****s....they just don't want to change how they do business...and they sure don't care about their people...IMHO...Pat

Interesting,

Amazing how well versed everyone here are on Iraq and all that has and has not been accomplished to date. Always nice to read everyone's opinions, after all, we are all friends as well as investors and have been on this journey for a long long time. lol

With Maliki making his last minute election pitch on no umemployment by end of year, sure makes you wonder. Obviously, like all politicians, they lie and cheat their way into office, so I suspect this is nothing but BS political talk, but think about it, if he said it, will people forget it?

I like to break down all the statements to there purest form, and when I heard this, I had to start to wonder, he must be worried about election, as he should for Maliki has failed on all fronts. Corruption runs wild, sectarian divide is worse instead of better, people still don't have 24/7/365 electricity, in fact, there has been hardly any improvement over all these years, so if you measure a leaders failures, this is monumental failure as I see it, and I am sure the voters see it, so I suspect he is getting desperate now.

With the statement about no one worried about unemployment by end of year, we know it would be impossible to put everyone who is not employed to work in a couple weeks, so what was he saying? I don't know about everyone else, but as I have said all along, he will need a miracle to get re-elected as I see it. I assure you, few will be voting for him from Kurdistan region, and that distrust is probably running rampant in Iraq over the basic failure of not passing oil law to date which the Kurds have pushed ahead regardless of hindering progress from Baghdad *****s.

For Maliki to make any promises, something has to happen immediately, and if even a small restoration was to happen or be announced before election, that would seal it for Maliki for it sets the stage for full employment, not that it would be accomplished entirely in the next coupld weeks. We all know talk is cheap, and even cheaper in Iraq due to the artificially low value of the dinar, so what did Maliki mean in his statement?

Seems he is setting the stage, so when is the show, we don't know, but like others, I feel we are closer than ever, so let us hope all these statements are not just hot air.

Happy Holidays to all, Mike

all valid and good points Mike...logically speaking,as i also said about Al's[oralkallen]points for the rumor over the past weekend,it would seem that an RV is imminent....the only drawback as i see it is ,this is Iraq we are talking about....lol...we all know by now how they love to hear themselves talk and pat themselves on the back about how they will do this...and do that...but in the end....the results are the same...nothing is done....as you stated look at their electrical output now as compared to when Maliki took office...it hasn't gotten any better...although we both remember promises of how that would be priority 1....millions if not more money was allocated for this infrastructure progress....where has that money gone??...lol..we all know where....to line the pockets of these corrupt politicians...i do agree he probably needs a RV to save his job.....but a lot of the people are illiterate and without education so i don't know if it has dawned on them yet that they can vote...it sure will be an interesting next few weeks...to say the least...GO DINARS...Merry Christmas and Happy New Year to everyone...Pat

Has anyone else heard the rumor about the "Custom House" in B.C. getting a new exchange rate for the IQD yesterday? $2.47 like we have been hearing....supposed to be able to start trading today lol. All quiet since yesterday, lots of intel thought yesterday was THE day. I will believe it when I see it, but I love the rumors, they give us hope lol. On the other hand, I expect something to happen before the elections at the latest, but have my fingers crossed for before Christmas. Good luck, don't give up hope.

Hi Friends!
I have been quite busy the past 2 days so I am just getting back here with my tail between my legs. I believe in showing my face in spite of the fact that the beliefs I held in the rumors of others didn't come to pass- again. Thanks for not booing me off the stage since my prediction didn't come to pass. I can understand the disappointment of getting an eyebrow raised up in the hopes that the RV might happen as someone predicts- then have the day come and go with no apparent change. I've been living that way for the past 2 months now- after having taken a break for nearly 2 years! (I am referring to getting excited, here.)
But the fact remains that there has been tremendous progress made in the past 2 months- in spite of the rampant corruption and ineptness of...not only the parliamentarians but the military, the security (police) forces...shoot just say the whole dern country.

Hey Benz- don't give up on the rumor section- not just yet; there's worthy info to consider here and merited opinions as well.

Pat, I respect your opinions but I disagree with the HCL as being the hold up. Why? Think of the HCL as having 3 divisible parts. The two most important parts are already taken care of, with the one in particular that I call to your attention being- the part that allows the foreigners to come in a grab a fat piece of the pie. Do you realize the main countries of the UN Security Council now all have their teeth in the oil pie? The UN doesn't care if the wackos can't come to terms on how to divide the remaining profits among the people- they wanted access to the fortune under the sand.

Yet that isn't all. Do you realize that the RV of the IQD has a very beneficial effect for the major UN players? The US has trillions of IQD in our foreign currency reserves- as do others like the UK, France, Japan and China. This RV isn't just about the poor saps in Iraq, this is about the movers and shakers on the world scene. Iraq is on the verge of being released from the strangle hold of UN Chapter VII, to be allowed to operate as a sovereign nation again, invited back to being recognized as a nation and participate with the rest of the world as a member of the WTO, with a recognized currency having value- enabling it to compete in the Forex, etc., etc. Why? Because it is time to begin the next phase of objectives the UN has in store for them. My, isn't it fun to watch little junior growing up! His tantrums were annoying but we whipped him into one who can contribute to (read- "benefit") society (read, "those calling the shots").

The RV "delays" of those whose predictions were based on info and "Intel" (not my predictions- I'm just a "sheeple" following after others) are heartfelt reasons of those who run ahead of those who are calling the shots. Those calling the shots have their own agenda and timetable, and care nothing of us peons. Now there are numerous FACTS that we could list that point to the RV as being imminent but I don't have the time. One of which Mike referred to in his last post. It is a fact that Maliki said what he did in that interview- I wish I had that available but I don't. Wither what he said is BS or not, is a variable right now, we should find out shortly- but he made those comments; and the fact that he said those things is very important- even if it is total BS.

Well its late & I need to end this; but before I do though....
Pat, did you notice in the News section Seaview posted an article stating that the computer systems for data and statistics is just now ready to roll? After the big hoopla about T. Reuters and TBI was made, anybody see any new articles expressing excitement about them going online yet? Not yet you didn't.
BigD: yes, I heard the same as you about the BC clearing house. The currency exchange dealers have been preparing for a few weeks now, and are pretty much all ready.

Okay, for anyone who doesn't want to hear anymore of my predictions- cover your ears or look away now! Based on the feelings of my very sore gut...and the latest rumors I heard, I am predicting the next earliest date that I will be anticipating a potential RV date is.....the 17th-18th. Why? Because of Mike's post and the actual interview Maliki gave referring to ending the unemployment of the Iraqi people and the return to sovereignty of the nation of Iraq and all the other stuff he said at that time that would occur in 30 days, at New Year's. The interview took place on Nov.17th. The Muslim New Year begins on Dec. 18th (look it up). Maliki wasn't thinking like a westerner. If that prediction doesn't pan out, well....I'll have to deal with that at the time.

Say, genuine thanks for listening, contributing and being class acts. I firmly believe that there ARE people who KNOW when and how much, they just aren't any of the people who provide Intel for the blokes I get info from!

Blessings On YOU! AL

that's the spirit Al...keep that chin up...lol...as i stated before rumors are good .....i did read that article where Maliki said that there would be no unemployment by the end of the year...hopefully,this would mean the same thing that most of us are thinking it would mean...a RV...but he might be meaning something else all together...who knows?...and as we all know,they like to talk to hear themselves talk....and they love to DELAY things...don't they???.....lol...but that being said,i think we are closer then we have ever been to an RV...and Al,you are right...there are a few people who know when and how much the RV will be...they just don't hang out in rolclub.....lol....but what we do have are hard working people like you and Mike[osw]and Seaview and others that keep posting to update everyone on here about the DINAR...and that i am very grateful and thankful for...lets do it already...RV...GO DINARS..Pat

Hi Friends!
I don't want to get in trouble but I believe it will be okay to post someone else's post from some other forum- I don't even know the name of it.... I received these 3 days or so ago.
As you can see, the poster goes by the name of 18DELTA, and whoever that is should receive the credit. This seemed too good not to pass on to my friends here at ROL.
I will have 2 posts here- History Part 1 and the next will be Part 2.
In these 2 posts Delta will present factual info along with an interpretation of the info- thus this properly belongs in the rumor thread; but this is why I say to Benz and others that get fed up with the predictions that don't pan out- don't forsake the rumor thread because there is much important pieces of the dinar RV puzzle that rumors add to the news articles posted by Seaview. Its hard to explain, but not everything about rumors is worthless. You don't want to bet the farm on them (like me...) but different sources-people, from different vantage points, with different positions, in various fields, lines of employment and industries and institutions.....add an enriching quality to the bland facts. Now wait! Before you snicker at me for saying this- hear me out first.

Much of the time the bland facts do not present all the truth. Opinions, perceptions discernments, experiential knowledge and training expressed by others can often reveal the "story behind the story".......eventually. Now some people couldn't care less. They only want to see what they bought for $100 turn into something worth $200,000. But others- like us for example, are far more curious, and wonder how in the world can something that cost us $100 turn into something worth $200,000? Well, you have to watch the STORY unfold. It is more than bland facts- its a story with intrigue, bloodshed, treachery, compromise, conspiracy, heroics, love, hatred, etc., etc.

We got far more than we bargained for when we first got involved with this "ride" as we often call it- we got to watch history in the making! This wasn't a get rich quick scheme, nor was it a "lose money quick" scheme as my wife likes to call it. This was the opportunity and the EXPERIENCE of a lifetime! This hasn't been cheap- the dinar has been very expensive toilet paper. It has cost us much in time, attention, patience, endurance and emotion!

These are part of our "investment" that, when we finally receive the RV rewards, will give us the greatest satisfaction- that feeling that we EARNED the fruits of our investment because of what we endured along the looong way. Well, I better quit now or you'll be all day reading my 2 posts.

Blessings On YOU! AL
__________________________________________________ ___________
18DELTA says to (15:40:15):
SO I AM GOING TO TEACH YOU
x
ABOUT THIS INVESTMENT
x
WE WILL GO FROM ALMOST THE BEGINNING SO YOU REALLY UNDERSTAND AND CAN SPEAK CONFIDENTLY ABOUT THE IQD LIKE I DO.

I WILL START WITH THE IMF/IRAQ RELATIONSHIP. WHICH LASTED ALMOST 5 1/2 YRS

THIS, AS MANY OF YOU CALLED IT, WAS THE SBA or,
STANDBY AGREEMENT

THE SBA WAS FUNDS THAT WERE MADE AVAILABLE TO IRAQ BY THE IMF FOR STABILIZATION LOANS-
WHICH IRAQ NEVER USED ON PENNY OF

NOW THE ACTUAL PROGRAM THAT IRAQ WAS UNDER WAS CALLED THE
STABILIZATION PROGRAM FOR DEVELOPING COUNTRIES
WHAT IS THAT PROGRAM ABOUT?
IT IS A ECONOMIC AND MONETARY POLICY THAT WAS USED TO REDUCE INFLATION AND IMPROVE ON THE MAIN SECTOR OF REVENUES FOR THE COUNTRY OF IRAQ.
FIRST, THE ECONOMIC POLICY WAS TO DIVERT ALL AVAILABLE FUNDING TO OIL DEVELOPMENT, TO GENERATE REVENUES
TO KEEP THE GOI RUNNING AND ALLOW FOR SOME INFRASTRUCTURE DEVELOPMENT.
BUT IN DOING SO HEALTH AND SOCIAL WELFARE AND EDUCATION PROGRAMS WERE STRIPPED OF MONEY!
UNDER THIS POLICY UNEMPLOYMENT IS STILL HIGH THOUGH THE IMF PROGRAM DID A GOOD JOB IN ACTUALLY REDUCING THE 30 PLUS % UNEMPLOYMENT DOWN TO 18% BY THEN END OF THE SBA.
NOW NEXT IS THE MONETARY POLICY.
THERE ARE ONLY TWO TYPES OF MONETARY POLICIES-
CONTRACTIONARY AND EXPANSIONARY.

THE IMF UNDER THIS PROGRAM USES A CONTRACTIONARY POLICY.
THE REASON FOR IT IS TO INCREASE INTEREST RATES AND STABILIZE THE CURRENCY PEGGED AGAINST THE USD AT A RATE OF 1/4 OF 1% MONTHLY AGAINST THE USD UNTIL JULY OF 08 WHEN IT WAS INCREASED TO 1/2 OF 1%.
THE MAIN GOAL OF THIS POLICY WAS TO REDUCE OR COMBAT HYPERINFLATION

THE CENTRAL BANKS JOB IS TO REDUCE THE ACTUAL PHYSICAL CURRENCY WITHIN THE BORDERS OF IRAQ.
BUT TO AUCTION OFF CURRENCY TO GENERATE REVENUE AND TO SELL OFF TBILLS AND CBI BILLS AND TO TRADE FOR FOREIGN CURRENCY ASSETS.
WHICH WILL BE EVENTUALLY USED TO PROTECT THE SUSTAINABILITY OF THE RV.

NOW MANY OF THE IMF STABILIZATION PROGRAMS FAILED THE FIRST TIME.

TURKEY, SOUTH KOREA AND ARGENTINA ALL DID.

BUT IRAQ WAS TEXTBOOK SUCCESS UNDER THE IMF.

AND ON MARCH 18TH WHEN THEY WERE RELEASED FROM THEIR AGREEMENT WITH THE IMF. THEY WERE TO GO TO PHASE II

WHICH WAS TO IMMEDIATELEY CHANGE TO AN EXPANSIONARY MONETARY POLICY AND CHANGE TO A MARKET ECONOMY, WHICH BY THE WAY IS ACTUALLY PART OF THE IRAQI CONSTITUTION. IT CALLS FOR IRAQ TO HAVE A MARKET ECONOMY... YET THEY ARE IGNORING IT.

INSTEAD, THEY CONTINUED TO AUCTION OFF IQD AT AN ALARMING RATE. MALIKI, HASHEMI AND PARLIAMENT ASKED THEM AND ACTUALLY PLEADED WITH THEM FOR SEVERAL WEEKS TO STOP THE AUCTIONS.

BUT THEN IT ALL WENT AWAY AND SHABIBI CAME OUT AND EXPLAINED WHAT HE WAS DOING.

THE AUCTIONS AS OF JANUARY WERE NOT FOR JUST REVENUES TO SUBSIDIZE THE IMPORTS THAT WERE NOT ALLOWED UNDER THE DFI,

HE WAS USING DIFFERENT FORMS OF A MANAGED FLOAT TO CONTROL THE RATE AT 1170 AGAINST THE VOLATILE USD
WHICH HAD DROPPED .22 CENTS IN THE PAST YEAR
YET HE WAS ABLE TO KEEP THE IQD FROM PLUMMETTING
AT THE SAME TIME CBI WAS REMOVING THE COUNTRY'S DEPENDENCE ON THE USD.

THEY WERE SLOWLY REDUCING THE LIQUIDITY ABROAD AND THE OVERAL USE OF THE USD FOR PURCHASES AND ENCOURAGING IRAQIS TO USE THE IQD INSTEAD.
NOW IT WAS HARD TO USE THE IQD SINCE THE ONLY WAY IT IS OF ANY USE IS TO PURCHASE SUBSIDIZED GOODS AND SERVICES.

NOW THIS POLICY OF REMOVING THE USE OF USD WAS FINALLY DONE AND FINISHED BY THE 1ST WEEK OF OCTOBER 09.
NOW INSIDE THE WIRE- YES, THE USD IS STILL USED AND IT IS ON THE BLACK MARKET.
AND THE CURRENCY AUCTIONS NOW HAVE VERY LITTLE TO DO WITH REVENUES FOR SUBSIDIES,
THEY ARE ALMOST TOTALLY FOR THE MANAGEMENT OF THE IQD.

THEY HAVE TRANSFERS OUT AND USD IN.

NOW AS YOU KNOW MANY TIMES THERE IS NO USD TAKEN IN FROM THE DAILY AUCTION.

THAT MEANS NO IQD WAS AUCTIONED OFF;
THE TRANSFERS OUT ARE FOR TBILLS AND CBI BILLS THAT THEY ARE PAYING OFF,
AND FOR THE SWAP OF FOREIGN CURRENCY FOR FOREIGN CURRENCY ASSETS SIMILAR TO WHAT OUR TREASURY DOES.

NOW RIGHT NOW IRAQ IS AT THE BRINK OF SOME MAJOR CHANGES.
CBI HAS APPROVED AN RV!

IT HAS BEEN HANDED OVER TO THE GOI, WHICH MEANS MALIKI.
WHEN OR THE REASON THAT MALIKI WILL USE THE RV TO HIS BEST ADVANTAGE- ONLY HE KNOWS.
NOW GOING BACK IN TIME

THERE ARE OR WERE SEVERAL MAJOR PIECES OF LEGISLATION THAT IRAQ NEEDED TO PASS
1) HCL OR HYDROCARBON LAW, WHICH ENTAILED TWO PARTS

FIRST PART WAS THE REVENUE SHARING OF THE OIL SALES FROM KURDISTAN AND WHAT WAS FAIR IN THE EYES OF THE GOI AND KURDS AS A SPLIT.
WELL IT HASN'T GONE WELL
THIS SPRING IT WILL BE 3 YEARS THAT THE LAW HAS NOT BEEN ACTED ON!
SO TALIBANI (PRESIDENT OF IRAQ) AND THE OIL MINISTER DID A SEMI-SETTLEMENT.

THEY OPEN UP THE PIPELINES AND SAID THAT 83% GOES TO THE GOI AND 17% STAYS WITH KURDISTAN
THEN PART II WAS THE OIL LAWS THAT DEALT WITH FOREIGN INVESTORS IN THE OIL INDUSTRY AND THEM BEING PROTECTED.

YOU SEE, ALL OIL IN IRAQ IS NATIONALIZED,

WHICH MEANS THE GOVT RUNS AND OWNS IT.
AND THE GOI WAS ONLY OFFERING 49% OF CONTROLLING INTEREST TO COMPANIES WHO WANTED TO INVEST IN THE OIL INDUSTRY WITH NO GUARANTEES THEY WOULDNT OR COULDNT BE BOOTED OUT AT ANYTIME-
AFTER PUTTING BILLIONS INTO IRAQ FOR OIL REFINERIES, ETC!

NO ONE JUMPED AT THE DEAL BUT IT WASTED ABOUT 3 MONTHS BEFORE IRAQ GOT THE HINT. SO
THEY PASSED AMENDMENTS TO THE CURRENT OIL LAW THAT ALLOWED FOREIGN INVESTORS TO HAVE UP TO 75% CONTROLLING INTEREST AND
THEY COULD LEASE FOR UP TO 20 YRS.

THATS HOW THEY GOT COMPANIES TO COME IN

WELL I THINK I WILL LEAVE IT AT THAT FOR NOW. I THINK THAT IS ALOT TO DIGEST. I THANK YOU FOR YOU PATIENCE...18DELTA.

Okay- I said my piece in the previous post!
Thanks Delta- whoever you are!
Blessings On YOU! AL

18Delta/SFMedic Chat 12-14-2009 evening
18DELTA says to (19:27:59): OK EARLIER I GAVE YOU A SIMPLE LESSON ON THE IMF/IRAQ STABILIZATION PROGRAM FOR DEVELOPING COUNTRIES
ALSO KNOWN AS THE SBA
NOW A COUPLE OF OTHER ISSUES
1) SOFA OR STATUS OF FORCES AGREEMENT
WHICH WAS SIGNED IN DEC 08 BY PRESIDENT BUSH AND PM MALIKI
THIS IS AN AGREEMENT ON THE TIMETABLE THAT US FORCES MUST BE REMOVED FROM THE CITIES AND ALSO THE TIMELINE THAT US FORCES ARE TO LEAVE IRAQ.
ACCORDING TO THE AGREEMENT, US FORCES ARE TO BE OUT OF IRAQ NLT 31 DECEMBER 2011.
2) SFA OR STRATEGIC FORCES AGREEMENT
WHICH IS AN AGREEMENT BETWEEN THE US AND IRAQ THAT WE WILL HELP WITH EDUCATION TO INCLUDE IRAQI STUDENTS IN US COLLEGES
HYGIENE AND PRETTY MUCH ANYTHING YOU CAN THINK OF THAT WE CAN TEACH THEM
NOW COME MAY ALL LOOKED VERY GOOD FOR IRAQ
THEN THE KISS OF DEATH JUMPED OUT
CHAPTER VII
IT IS A RESOLUTION THAT IS ENACTED WHEN A GOVT HAS AN ACT OF AGGRESSION AGAINST ANOTHER UN MEMBER
CHAPTER VII IS JUST THE INITIAL RESOLUTION
IT IS THEN FOLLOWED BY DOZENS OF OTHER RESOLUTIONS THAT LAYOUT THE EXACT CONSEQUENCES AND ISSUES THAT NEED TO BE RESOLVED TO HAVE CHAPTER VII REMOVED
THIS IS WHY THE OPEN FILES BY KUWAIT ARE SO IMPORTANT
A COUNTRY UNDER CHAPTER VII IS NOT PROTECTED BY INTERNATIONAL LAW
IT CAN BE SUED, WHICH IN GENERAL A COUNTRY'S GOVT CANNOT BECAUSE OF THE PROTECTION OF INTERNATIONAL LAW.
THE US IS THE ONLY COUNTRY WHO'S LEADER HAS FORBIDDEN ANY US CITIZEN TO SUE OR PUT A LIEN AGAINST IRAQI ASSETS.
THIS WAS PO 133303 SIGNED BY GEORGE BUSH.
ALONG WITH CPA (COALITION PROVISIONAL AUTHORITY), ORDER 39 AND LATER AMENDED TO CPA ORDER 40.
THIS GRANTED US AS U.S. CITIZENS THE SAME RIGHTS AS IRAQIS- TO PURCHASE AND OWN HARD CURRENCY, STOCKS, BONDS AND SECURITIES THAT WERE ISSUED BY THE CPA/IRAQI GOVT.
THIS IS WHY YOU HAVE IQD!
NOW ALL SANCTIONS HAVE BEEN SUBSEQUENTLY REMOVED- EXCEPT FOR THE OPEN FILES OF KUWAIT, WHICH IS THE REPARATIONS OWED TO KUWAIT WHICH IS ABOUT 25 BILLION USD, THE DEMARCATION OF BORDERS BETWEEN IRAQ AND KUWAIT AND THE RETURN OF APPROX 300 MISSING KUWAITIS
SINCE THE 1990 GULF WAR
THESE HAVE NOT BEEN RESOLVED.
THIS IS THE HOLDUP OF THE REMOVAL OF CHAPTER VII.
ALSO AS LONG AS THEY ARE UNDER CHAPTER VII
ALL OIL REVENUES FOR THE LAST 19 YEARS ARE CONTROLLED BY THE UNSC.
THEY ARE PLACED INTO AN ACCOUNT CALLED THE DFI OR DEVELOPMENT FUND IRAQ.
THERE ARE HUNDREDS OF BILLIONS OF OIL REVENUES IN THIS ACCOUNT INCLUDING ALL THE GOLD BULLION THAT WAS TAKEN AND FROZEN.
A % OF THE YEARLY OIL REVENUES ARE PAID TO KUWAIT TO REPAY THE REPARATIONS.
ALSO A UN COMMITTEE CONTROLS ALL THE FUNDS AND DISPERSEMENT OF FUNDS TO IRAQ FOR VERY STRICT USE.
THEY CAN ONLY PURCHASE CERTAIN IMPORTS WITH THE DFI MONEY,
AND IT IS AUDITED BY THE UN.
ON THE 21ST OF THIS MONTH THE UN WANTS TO TURN OVER THE MANAGEMENT OF THE FUND TO AN IRAQI FINANCIAL COMMITTEE.
THEY WILL NOT GET THE REVENUES TO DO AS THEY WISH. THEY MUST FOLLOW THE STRICT MANAGEMENT OF THE FUNDS AND CONTINUE TO MAKE TIMELY PAYMENTS TO KUWAIT.
IRAQ LOBBIED FOR MONTHS TO GET RELEASED-
THEY CAME TO THE US MULTIPLE TIMES BUT NEVER GOT THE UNSC TO VOTE ON IT.
THEY MUST HAVE 8 OF 15 VOTES OF THE UNSC TO BE REMOVED.
BUT OF THOSE 8 VOTES THEY MUST HAVE ALL 5 PERMANENT MEMBERS VOTES.
ANYONE CAN VETO IT
THOSE MEMBERS ARE: US, CHINA, RUSSIA, UK AND FRANCE.
AND EVERY SINGLE ONE NOW HAS OIL CONTRACTS WON IN IRAQ!!!
RUSSIA WAS THE LAST ONE WITH LUKOIL.
SO THAT IS WHERE WE STAND TO DATE WITH CHAPTER VII.
: SO FAR, NO VOTE HAS COME UP AND AS OF LATE NO NEWS HAS EVEN COME UP WITH REFERENCE TO CHAPTER VII.
OK THAT IS LESSON #2
samsamsam999 says to (19:53:36): Can I ask a question about this please?
18DELTA says to (19:54:06): SURE NOT SURE I CAN ANSWER.
josemose says to (19:54:13): ? what does this have to do with the RV- just asking?
Wildcat1 says to (19:54:21): 18delta: Does this have a hold on the RV?
Caviar Dreams says to (19:54:41): For those of us that just came into the room, do we need Chapter 7 pulled before the RV?
18DELTA says to (19:54:42): AT ONE TIME! IT WAS THOUGHT TO-
SINCE YOU CAN'T ENGAGE IN INTERNATIONAL TRADE UNDER CHAPTER VII.
Caviar Dreams says to (19:55:20): at one time, but what is the thought process now
mattmansuncleh says to (19:55:33): 18DELTA-When you say any one can veto, does that mean any one of the big 5?
hawkdown says to (19:55:54): I thought chapter 7 was never an issue?
perstirpes says to (19:56:02): iraq has set the stage to get a positive vote for 7 in the near future i believe.
sprout43 says to (19:56:15): 18 Delta - Iraq's Finance minister met with the Asst Sec of State & Chap 7 was discussed - from last week - it's posted...
18DELTA says to (19:56:57): OK SAM SINCE ALL THESE NICE PEOPLE DIDN'T FLOOD ME WITH ?'S
18DELTA says to (19:57:19): NOW I KNOW THAT SOME OF YOU ARE REALLY NOT THAT STUPID THAT YOU DON'T UNDERSTAND WHAT MODERATED MEANS
18DELTA says to (19:57:54): NOW FIRST YOU SAM
samsamsam999 says to (19:58:30): just wanted to know how the recent 10mil Iraq paid fitted in. Thanks 18
THE 10 MILLION WAS TO PAY FOR EXCAVATION FEES OWED TO THE CONTRACTORS WHO WERE DIGGING UP THE MASS GRAVES THE IRAQIS HAD MADE,
THAT MAY HAVE HELD KUWIATI BODIES.
THE RESPONSIBILITY FOR THE PAYMENT FELL ON IRAQ,
BUT THEY DID NOT PAY IT!
SO THE CBK DID,
THEN THE CBK WAS TOLD BY IRAQ THAT THEY WOULD PAY IT WITH RV'D IQD
AND THAT'S WHY THE RV WAS SET FOR FRIDAY ABOUT 10 DAYS AGO. BUT
THEN IRAQ DID NOT RV-
SO KUWAIT CONTACTED THE UN.
THE UN TOOK 10 MILLION IN BULLION THAT THEY HAD IN FROZEN ASSETS IN A BANK IN NY AND TRANSFERED IT TO THE BULLION STORED IN NY FOR THE KUWIATIES!
NOW REALLY AS I SAID I AM TEACHING YOU ALL
samsamsam999 says to (20:03:48): CBK must have been pissed?
TOUGH CRAP IF CHAPTER VII WAS DISCUSSED IN JULY AS AN ISSUE BACK THEN, NO ONE KNEW. PEOPLE THOUGHT THE HOLD UP WAS THE HCL, THE SOFA, SFA, CHAPTER VII, ELECTION LAW, INVESTMENT LAW......
THEY WEREN'T REALLY PISSED AS MUCH AS I TOLD YOU...
THEY HAVE NO RESPECT FOR THE IRAQI MENTALITY.
THEY THINK THEY ARE CORRUPT AND INEPT IN HOW THEY HANDLE THE GOVT AND THEIR PEOPLE.
NOW WE ARE TALKING THE GOVT- NOT THE PEOPLE OF IRAQ...
AND THEY SURE AREN'T THE #4 MOST CORRUPT COUNTRY PER CAPITA FOR NOTHING!
: OK NOW THAT I GAVE AN EXTENDED LESSON,
18DELTA says to (20:06:42): SEE YOU ALL LATER
18DELTA says to (20:06:45): THANKS.

Interesting,

I must say thanks to Al and 18Delta, whoever he is, but very well done and this covers all the key points we have all witnessed over the past six years since U.S. invasion in one clear and concise manner, one of the best I have seen to date.

It may fill in many of the blanks people have had all this time, so I appreciate it being posted, it was nice to reinforce us all on the timelines and why we are all still waiting, inept corruption, the worst kind. lol When I look at Iraqi gov. I can think of nothing more than helter skelter, that is how Iraq is governed, or not governed depending how you want to look at it.

We have all seen the ineptitude and all the double talk, or in Iraq's case, triple talk given the three sectarian gorups all trying to fill their pockets more than the others. All I can do is laugh at this point, it is no different than putting one candy bar on the table of a kindergarten class and watch them fight over it. LOL

Pathetic is how I would appraise situation, and who suffers, the poor, what elese is new? Same as with all countries, but pathetic in Iraq where their is more candy than anywhere else in the world, yet greed, mistrust, ineptitude rules causing this massive delay in restoring the value of dinar.

Again, thanks for posting this, it really brings all the issues into focus as I am sure many of us have forgotten the sequence of events, including myself given how long this journey has been for most of us here. What can we say, we are closer today than ever before, so looking at these posts makes the day a little brighter with hope. Hang in there gang, I feel it too. lol

Happy Holidays To All, Mike