Truck and Barter: Iraqi Dinar Discussion (July 22, 2005

Iraqi Dinar Discussion (July 22, 2005 - April 30, 2006)

By Kevin

AS OF 4/30/2006, THIS POST IS CLOSED TO NEW COMMENTS. A new post has been created: Here's a link to the current active post.

Here are all the posts in sequence:

1) June 16, 2004 - June 27, 2004
2) June 27, 2004 - November 6, 2004
3) November 6, 2004 - April 11, 2005
4) April 11, 2005 - June 22, 2005
5) June 22, 2005 - July 22, 2005
6) July 22, 2005 - April 30, 2006
7) April 30, 2006 - July 13, 2006

8) July 13, 2006 - ...

If you guys & gals encounter any problems, email me at kevin-at-truckandbarter.com. Your previous email has been very helpful in the administration of this site.

Thanks for your patronage.

-- July 22, 2005 4:50 PM | Permalink

Comments

outlaw in Iraq wrote:

Albert,

One other thing? Why would every one be "DUMPING" their 25,000 Dinar bills??? If one is just going to exchange it for another currency then what would it matter what denonination you are exchanging???

Why would anyone want to do business with a small mom and pop currency exchange that may not have enough USD on hand, when you can get a better rate at a bank???

My advise my friend, is to pucker-up tighter when someone blows thick smoke your way!!!

Outlaw

-- July 22, 2005 6:16 PM ∞

JimmyP wrote:

Can anyone relay and current info on HSBC banking
group opening any branches in Iraq?
Thanks

-- July 23, 2005 12:54 PM ∞

outlaw in Iraq wrote:

JimmyP,

I contacted HSBC about a month ago and they told me that they did not have any current time table that they were working with but they would add my e-mail address to a contact list and notify me when they are ready to do business in Iraq.

Outlaw

-- July 23, 2005 1:41 PM ∞

Ziarian wrote:

what does it mean ?

" About formative reasons of continuation in the monetary inflation, from which Iraqi economy suffers, Al Ani clarified that the real problem which stands behind that is the stop in the operations that contribute to withdrawal of the monetary block or that it is weak in the time being. Part of it is the fees, taxes, customs, and returns from the services and other resources, It is possible to activate this operations after releasing the constitution of the country on its basis the laws and the instruction will be built. "

-- July 23, 2005 4:48 PM ∞

outlaw in Iraq wrote:

Ziarian,

Where did you get this quote from? To me it sounds like the reason the Dinar is froze is because of the lack of any revenue collection sources, which of would be specified and implemented with the new Constitution.

Makes sense to me. I'm betting that Christmas 2005 is going to be a good one for all of us.

Outlaw

-- July 23, 2005 6:39 PM ∞

JimmyP wrote:

Thanks Outlaw for the HSBC update. I see they have branches here in the USA that one could open an account with. And Thanks for all you do.

I also appreciate Ziarians perspective as well.

-- July 23, 2005 9:06 PM ∞

outlaw in Iraq wrote:

Where did all the Bible thumpers go???

Outlaw

-- July 24, 2005 5:13 PM ∞

Bruceleeroy wrote:

LOL@Outlaw

-- July 24, 2005 7:28 PM ∞

Jimmy P wrote:

I think a technical glitch cut off the last thread at about 11 am on July 20. I do not understand all of the ins and outs of the
hows or whys. But I will be watching this week to
keep up on any exciting developments.

-- July 24, 2005 7:59 PM ∞

Kevin Brancato wrote:

You can read the cut off comments on the June 22 to July 22 post here.

http://truckandbarter.com/mt/archives/2005/06/iraqi_dinar_dis.html

Sorry about the glitches. I recently upgraded the software to give me greater control over the 2000 comment spams I was getting per day, but the new software renamed all the files, meaning two days of comments were not posted to the "old version".

But it's working fine now...

-- July 24, 2005 9:31 PM ∞

outlaw in Iraq wrote:

Albert,

One other thing my friend... Do you really think that it is a very good idea to send some Arab in Iraq your Address??? Remember we are at war. I believe that there are cells working in every town in the states waiting for information like this to make an example of the typical greedy infidel. Greed is a pretty stupid reason for getting your family killed.

Security is an issue that everyone must maintain. I would re-think this my friends.

Outlaw

-- July 24, 2005 9:46 PM ∞

john wrote:

Hope this new thread stays on course with DINAR chat.

Dream big all, just don't force your beliefs down others hatch.

-- July 25, 2005 8:07 AM ∞

SGT at SPOD wrote:

Outlaw,

That seems to be the consenus with the Kuwaitis here too. The issue that they say is the sticking point, is how the oil revenue/oil investment capital will be controlled within the Iraqi Government. Specifically, the requisition and payment to petroleum transportation/export providers, and which agency will ultimately control oil export investment(Economics Minstry,Petroleum Ministry, or the Petroleum Ministry). They say here that the constitution will address the economic structure for control of revenues, which Saddam's economy lacked. like I stated in previous posts, once they establish the basic Governmental infrastructure, we will see movement on the IRD.

Take it easy, and be safe, Outlaw........

S at S

-- July 25, 2005 8:09 AM ∞

Ziarian wrote:

Outlaw this is the research study from which i got the Above qoute.

Baghdad - Assistant general manager of external exchande in the Iraqi central bank Abd AlSami Alani announced the automatic continuation of the central auction and in daily form and that its balance of the foreign currencies in continuous increase, in spite of rise size of dollar sales through the auction.

In a special meeting with ( Al Sharq Al Awsat ) he added that there is a new directions accomplishes in charging the active branches of the central bank in the northern and the southern areas, to process the auction operations within the defined mechanism, with the preservation on stability of exchange rate in Iraq, especially that the operation of selling in the auction have achieved the purpose, which is the stability of exchange rate of the dollar against the Iraqi Dinar, which is considered the main goal for managing monetary policies by the bank.

He added that it is not necessary that the bank continue selling, because it assumes that the auction can be practiced by the under supervision of the central bank, by considering it as one of its instruments, through which its monetary policies executed by its intervention in the sale and purchase and in the occurrence of any shake that can effect the exchange rate.

About formative reasons of continuation in the monetary inflation, from which Iraqi economy suffers, Al Ani clarified that the real problem which stands behind that is the stop in the operations that contribute to withdrawal of the monetary block or that it is weak in the time being. Part of it is the fees, taxes, customs, and returns from the services and other resources, It is possible to activate this operations after releasing the constitution of the country on its basis the laws and the instruction will be built.
As for time being ,there is only one mechanism to contribute in a big withdrawal of the monetary and have an impact on the inflation averages towards the drop ,that is the auction mechanism of selling of the currencies.
While in regard to how the needs of the ministries secured, he cleared the the government offices needs of the dollar will be fulfilled through ministry of finance , were it should allocate a share for each ministry from the Dinar and the dollar within the general budget each year, therefore the central bank ordered all banks to not entering the auction operations with the aim of purchasing for the offices, that is not to aid the inflation of the sales. About entering other currencies beside the dollar for auction assistant manager of the exchange clarified, that the central bank avoids in the time being introducing other currencies for auction (in exclusion of the dollar), for the unavailability of the balance from those currencies, the dollar is chosen to be considered as the currency of the measure for price-setting, for all foreign currencies, just as that the future of the Dinar in the external dealings is still limited, and it is now considered as an intermediary currencies as for Kuwaiti Dinar ,Jordanian Dinar and the Emarati Dirham, and likewise eastern currencies, like Russian and Romanian. The bank in the time being is working on the measures taken to make the Dinar as a convertible currency in the future.

Naseer Ali
Al Sharq Al Awsat

-- July 25, 2005 12:49 PM ∞

RYAN wrote:

THIS IS FROM ZIARIANS LAST POST
I LIKE THE LAST SENTENCE, REAFIRMS MY THOUGHT OF THEM NOT DUMPING THE CURRENT DINARS AND PRINTING NEW ONES...ITS COME SO FAR AND DO NOT WANT TO LOOSE MOMENTUM... ANY THOUGHTS ON THE ZERO DROPPING...I FEEL THIS IS ALSO FALSE WHAT KIND OF MESSAGE WOULD THAT SEND IRAQIS, TO WAKE UP ONE MORNING AND FIND OUT THAT THE CREDIT CARD YOU JUST GOT BECAUSE IT IS NEW OVER THERE, THAT YESTERDAY HAD A 10,000 DINAR LIMIT NOW HAS A 10 DINAR LIMIT????OR HIS SAVINGS ACCOUNT THAT HE HAS ACCUMULATED OVER THE LAST 3 YEARS PROBABLY DIFFICULTLY, IS WORSE THAN HE STARTED OFF WITH...

"for the unavailability of the balance from those currencies, the dollar is chosen to be considered as the currency of the measure for price-setting, for all foreign currencies, just as that the future of the Dinar in the external dealings is still limited, and it is now considered as an intermediary currencies as for Kuwaiti Dinar ,Jordanian Dinar and the Emarati Dirham, and likewise eastern currencies, like Russian and Romanian. The bank in the time being is working on the measures taken to make the Dinar as a convertible currency in the future."

-- July 25, 2005 6:27 PM ∞

JimmyP wrote:

Concerning dropping zeros on currency: The percentage of printed dinar in the higher denomination is lesser in the 10,000 and 25,000 amounts, and it is a foregone conclusion that as
these bills get recirculated into the intra banking circles, they will be most useful as
bank to bank instruments to satisfy certain banking needs. Alternative viewpoints encouraged.

-- July 26, 2005 3:57 AM ∞

BOB wrote:

Hi Fellas:

Great to be back with you. I got cut off of 7-20-05 and assumed that Kevin had disbanded the site and all the participants had scattered.

I get a little harsh in my comments sometime but be assured that I have warm personal regards for all of you and I have read so many of your comments that I feel that I know most of you.

Again, great to see that we are all intact.

BOB

-- July 27, 2005 10:47 PM ∞

Anonymous wrote:

hi Kevin , on your previous thread, the last post is from you saying that "their is a new thread", but the link you provid is not working is because their is a mistake......the page address on clicking change too http://truckandbarter.com/mt/archives/2005/07/iraqi_dinar_dis_2.htm

the mistake is that you forget to put "l" in the end

http://truckandbarter.com/mt/archives/2005/07/iraqi_dinar_dis_2.html

it works

-- July 28, 2005 12:36 AM ∞

Kevin Brancato wrote:

Thanks for the info; I'll modify the link later today

-- July 28, 2005 7:03 AM ∞

willie wrote:

where's Carl and Sara? Did they get the boot?

-- July 28, 2005 11:49 PM ∞

BOB wrote:

Come on fellas:

While we are waiting for the experts like Carl and Sara to get hooked back up, lets hear from some of you who have bitches and pent up anxieties about the progress of the dinar or someone on the T&B whom you do not like.

Sara and Carl were our leaders, but they are disconnected so some of you have to step forward and MC the T&B.

I am a charter member of the T&B and I monitor what everyone says. I am an old coot and do not enjoy many things in life anymore, but I thoroughly enjoy the T&B, so lets get it back up and running like it has in the past.

BOB.

-- July 31, 2005 10:49 PM ∞

Anonymous wrote:

To all my friends back in the sand...throwing up a hand and waving at ya from the land of the big PX...

Enjoying myself and hoping everyone there is safe and sound!... see ya too soon!

Outlaw

-- August 1, 2005 1:59 AM ∞

snowball wrote:

Outlaw: Things will be quite here.....but keep on doing your thing. GO DINAR!!

-- August 1, 2005 9:51 PM ∞

okie wrote:

Just returned from R&R via Baghdad. As always, I try to observe what's happening at BIAP. Again, I got a warm fuzzy feeling on what I saw. More business people, more families, more smiles and laughter...even from the customs people and just a general feeling that things were slowly but surely returning to normal. Prompted me to buy some more Dinar ASAP after my return. Things look good on the ground over here.

-- August 2, 2005 12:33 AM ∞

ELVIS wrote:

I have been off the computor for 6 months .Ijust came on to see what's happening with my Dinar's, and I found your comments to each other. All we have to do is wait awhile. we will allbe doing very good.Iused to be a Entertainer for years, I think I 'LLbe having a come back. WHAT IS URL ELVIS

-- August 2, 2005 9:00 PM ∞

Anonymous wrote:

http://www.theopenpress.com/index.php?a=press&id=2870

-- August 3, 2005 6:28 AM ∞

Bill1 wrote:

BoB,

To answer your question, concernig "expressing pent up anxieties regarding to the progress of the dinar" (while we wait for the leadership to arrive) - I personally have none.

I learned from Terrance (I believe it was) to simply leave it be until its time. I still look in on the T&B from time to time [not 4/5 times a day like I used to] to see what's cooking (the latest debate, bit of information, or what-have-you). But, I guess I just got burnt out, and now I simply refuse to stress over the value of my dinar anymore.

My bottom line:

1) Iraqi Constitution completed this month; 2) ratified by October; 3) next set of elections to take place in December - pretty much after all that I'm looking the dinar to open on the world market sometime NLT next summer. It would take something major to knock it off track at this stage of the process.

If it happens sooner ...great. If later - that's OK too.

There's just so much more going on in my life, other than watching this pot boil.

Cheers, and good luck to all.

Bill1

-- August 3, 2005 3:30 PM ∞

BOB wrote:

Bill 1

I agree with you 100%, if you can't aford to lose then don't roll the dice.

It is like Bill Gates said in 1987 when the Stock Market fell 1500 points in four days and he lost 18 billion dollars. He said "I've still got 50 billion", so no big deal. That has to be our attitude. Noone should gamble money that they need on the dinar. I firmly believe that the dinar is going to give us all a good profit but it is a gamble.

As I have said many times, Mr. Bush is going to make Iraq succeed even if it bankrupts this country so we are along for the ride. I am one of the 44% who still approve of Mr. Bush even though I disagree with several of his goals. He
is still the lesser of two evils. BOB.

-- August 3, 2005 9:24 PM ∞

RON wrote:

hI all,glad to be back.Kevin thank you so much for all you do for the bunch of us.Hey nid gang hope you are still here,and ready to post good news.Hey Terrance the nid train is still onGood luck to all and Iraq.Ron

-- August 4, 2005 9:17 AM ∞

Carl on Wilson Lake wrote:

Hey! Guys!
Sara sent me a email the T&B was up and running again. Good! to see you guys hung in there.

Thanks Kevin for getting it back up...

bill 1
I agree with you. It is going to be after the constitution is radified before the dinar makes any significant move. I am now in the process of ending my TAD with the Coast Guard, and will be back in the office next week.
Best Wishes to all..
Carl

-- August 4, 2005 10:00 AM ∞

XXX wrote:

Hello all,

I have something I would like to try and get someone else's opinion on. See, I have invested a bit into this whole NID thing, and like many of us, I hope it's better than the lottery.

However, I recently read an article that disturbed me very much. Basically it said that under Saddam regime, civil servants were paid around 7500 dinar/month. During that time, the dinar was a little more stable, and this amount was roughly equivalent to about $350 USD. The article went on to say that the civil servants today are being paid around 300000 NID or $200 USD/month.

I am disturbed by this because it dawned on me that there is no way the NID can come anywhere near opening at this magical $.41 per $1. If this did happen, the average Iraqi would be making $123,000/month USD equivalent! Even if they did scale back the pay system, if any of the locals have been able to save half there pay since Oct 03 (when the NID came on-line) they would have over $1.1M in the bank!

Let me put it another way.....let's say the average middle class Joe here in the good ole' USA makes about $5000/month. If the same type of thing were to happen here in the US, and our currency would basically increase 600 fold....that same Joe would now make $3M/month. Now unless the cost of everything in the country goes up in price in equal fashion...this is impossible!

So I'm not trying to rain on the parade here, but can someone please tell me how this can even become a reality.

Lord I hope I'm wrong!

-- August 5, 2005 4:26 PM ∞

Andy wrote:

You guys might want to catch up with what is really going on a the IIF website. NOW!

-- August 6, 2005 7:55 AM ∞

GAURANG wrote:

WE HAVE LOT ON NEW IRAQI DINARS CAN V REALLY INVEST IN IT ? & HOW LONG IT TAKE TO BE LISTED IN FOREX MARKET ??

-- August 6, 2005 3:44 PM ∞

Bill1 wrote:

XXX,

To answer your concerns about civil servant pay, and the cost of living in Iraq - I offer the following:

If civil servants are currently making the equivalent of $200.00 a month USD (approximately $2,400.00- annually), then we need to be realistic...

The poverty level in the U.S. is about $1,000.00 per month (give-or-take), and that is of course based on our cost of living.

I don't know what it currently costs to live at a decent standard in Iraq, but I'm certain it's not $200.00 USD per month; and certainly can't stay at that level, as Iraq eventually fulfills it's long-term projected levels of prosperity.

Maybe they're currently getting by, as they patiently wait for things to get better; but to believe that $200.00 USD per month is as good as it's going to get in Iraq is a sad stretch of the imagination.

The Iraqi people are no different than us, and have all the basic needs we have; i. e. a home, a car, food, utilities, appliances, clothing, etc, etc. And, pretty much the costs of quality goods and services is just about the same worldwide.

So, based on the reasonable logic of the statement above, I see the average median income of a civil servant worker to increase to a level somewhere close to our (U.S.) poverty level - again to about $1,000.00 per month.

There's your 500% increase!

Also, ..."if"... they need to adjust their pay to compensate for the exchange rate, don't think they won't hesitate to do so.

Three hundred thou in Dinar per month today, or 500 dinar per month tomorrow - as long as it equals their "current" pay rate its all the same.

Remember Iraq is a country rich in many ways. What we're seeing, and what they're experiencing today is merely a transition phase - not the expected norm.

Cheers,

Bill1

-- August 8, 2005 11:21 AM ∞

Anonymous wrote:

To All,

Andy brought up the IIF Website above, and for us to, "check it out NOW!".

After checking their site I pulled down these two articles:

[very good reading by the way]

http://www.iif.com/press/pressrelease.quagga?id=115

http://www.iif.com/press/pressrelease.quagga?id=100

There's probably much more relevant info on their site, but that's for "you" to research at your leisure.

The bottom line is, "the info and projections are all good-to-go.".

Thanks Andy.

Enjoy,

Bill1

-- August 8, 2005 4:32 PM ∞

Anonymous wrote:

http://www.imf.org/external/country/irq/index.htm

new one 3 august thomas dawson,some thing happning on 16 august 2005.

-- August 9, 2005 12:14 AM ∞

Dean wrote:

What happens if........

Saddam goes to trial, and is found not guilty on all charges?

If you don't think this can happen, remember he is going to be tried by Iraqi citizens whom probably hate America more than they hate Saddam.

Saddam will tell the Iraqi Jurors that America is illeagly occupying his country, that the attack is unjustified because there are no weapons of mass destruction, and that he is the legal legitimate elected president of Iraq and that the occupying government, and this court is illegitimate.

This can and may happen.

If O.J. got off with American Jurors, Saddam may get off with Iraqi Jurors.

Maybe we should have invested in the old "Saddam Dinars."

-- August 9, 2005 10:32 PM ∞

Bill1 wrote:

Not much activity here at the T&B lately.

(I don't think many people can find this new thread, since there was no forwarding link posted at the end of the old one - I know I had a great deal of trouble finding it)

Anyway...

Dean,

I think you have a real point, and timing is everything in the case you bring up.

I don't think anyone should even consider trying Saddam until next summer - or even later. A good level of success must be present in Iraq to demonstrate that this transistion the Iraqi people are having to endure is far better for them than anything under Saddam's rule.

One catch with all of this is, the longer this takes to resolve the more the people will forget how "Bad Things Really Were Under Saddam" - even to the point that they may begin to believe, "Hey, compared to this, Saddam's rule really wasn't so bad after all.". And, if that's allowed to happen it's going to get real ugly / real quick.

The new constitution and government must firmly be in place first to give real legitamacy to any court proceedings. To attempt to try Saddam, say "tomorrow" would be diastrous.

Once the country becomes say, 85/90% secure (I mean "really" secure - not just using land mass as a scale), and the people are truly better off, then I think Saddam will be tried and found guilty. O.J.'s trial may have been (arguably) the Trial of the 20th Century, but make no mistake; Saddam's trial will definitely be the trial of the 21st Century.

Bill1

-- August 10, 2005 9:42 AM ∞

RON wrote:

Hello all
Hey terrance you and the NID gang still out there.
Good luck to all and Iraq.Ron

-- August 10, 2005 5:59 PM ∞

Dean wrote:

I hope Saddam is not aquitted. But we have put ourselves in a vulnerable spot.

We have put our "balls" in the hands of Iraqi jurors who could completely undo what we are attempting to accomplish in Iraq.

Do you realize what could happen if Saddam is aquitted? What would the U.S. do?

Cival war? Saddam back in power?

Do we pull out, and let Saddam retake power?

All our efforts would be for nothing.

I hope it does not happen, but stranger things have happened.

The outcome of this war could very well be in the hands of a select few Iraqi Jurors at Saddam's trial.

If Saddam is found guilty, we continue building a democracy in Iraq and fighting insurgents.
But what if he's aquitted?

The war is over , and we leave, and Sadam retakes power? Right?

-- August 10, 2005 10:55 PM ∞

Vic wrote:

Hi everyone.

Have been reading these post and find it very interesting and exciting! Hope in time it will all pay off. But, regarding Saddam, I think you aught to read more about him, his family, and his leadership. A book that came to mind was "Mayana" (Hope that is the right title). Her family has been a part of the government and history for generations. I am not worried about Saddam - there were too many faithful Iraqi people who's lifes and families were destroyed because of him. Too much pain and loss....

I am proud to be an American, proud of my Government, and pray for the soldiers that are putting their lifes at stake for freedom!! God bless and protect them all!!!

-- August 11, 2005 3:25 AM ∞

Vic wrote:

Sorry Everyone,

Correction made to my previous post regarding the book Mayana. It is, "Mayada: Daughter of Iraq". It was written by Jean Sasson and is really interesting.

Good luck to you all!

-- August 11, 2005 3:45 AM ∞

Bill1 wrote:

Would someone post the link to this new blog (an extension of the old one) on the old blog website, so the information flow can continue????... Please.

In my humble opinion; its either that or discontinue it all together, because it just sits here idly day-in and day-out.

To commnet on Vic's post above:

I had a look at the book Vic (front & back flap), and it looks to be a very good read!

When it comes to the many tens of thousands of Iraqis like Mayada - and all they've had to endure under Saddam - it become crystal clear why we must forge ahead in the rebuilding of Iraq. Loosing this war and not bringing Saddam to justice is not an option.

Bill1

-- August 12, 2005 12:41 PM ∞

Dean wrote:

August 12th, 2005

Gas just increased to $2.59 a gallon for regular unleaded here in St. Louis , Mo.

This is not good.

I'm old enough to remember the 70's gas crisis.

Gas was 30 cents a gallon, then it was 60 cents a gallon, then it was $1.20 a gallon. Then, the inflation rate went to 11% or more, American jobs disappeared. People waited in long lines to fill out applications for jobs from companys that were "supposedly" hireing.

History repeats itself. In the 70's and early 80's, gasoline increased 400%

If gas increases 400% this time, gas will be $4.00 a gallon and thro the economy in the same crisis as it did in the late seventys, early eightys.

What does this mean for the dinar? I don't know, but I hope Iraq can get their oil, which is supposedly 2nd best in the world, rolling soon.

-- August 12, 2005 9:24 PM ∞

BOB wrote:

I believe that the current oil situation has given us all a jolt of reality. There is not enough oil being taken out of the ground to satisfy our greedy apitites. The world needs more oil and it has to come from somewhere.

The hard-to-get oil should be becoming more economically feasible such as the shale oil out West and the almost dry wells in Texas and Oklahoma. This could possibly be a blessing in disguise as Americans start to see a profit in exploring oil in our Country. We may all have to sacrifice financially but if it will enhance our position with oil, then it may be beneficial to this Country.

The price of oil is certain to improve the economic situation in Iraq and thus improve the value of the Dinar, but this not the situation that I envisioned to make money on the Dinar.

Keep making your posts, even if it is mostly with trivia, until our leaders find the current site.

-- August 13, 2005 9:39 PM ∞

otterpops wrote:

I would think that if gas goes to $4.00 a gallon Iraq will have a lot of reason to be pumping that crude oil as fast as they can. That could go a long way toward helping them get on their feet financially. What's good for the citizens of Iraq sould be good for the Dinar, no? I would also guess that gas at that price would not be good for the dollar and if dollars are worth less, the dinar is worth more if its price has not fluxuated.

-- August 13, 2005 11:54 PM ∞

michael wrote:

Dean: I know what you mean. It is costing me $30.00 a week to go to work and the gas is 2.39 per gallon.

-- August 14, 2005 11:07 AM ∞

Elvis wrote:

Can't get anything past this page! Is there a problem? Can't get on Kevintruckandbarter.com but not successful either. Please e-mail and let me know if there is another way to get further info. I enjoy the conversation. Thank you, Thank you, Thank you very much! Elvis

-- August 14, 2005 8:27 PM ∞

Kevin Brancato wrote:

Testing... The thread should work...

-- August 15, 2005 12:51 PM ∞

RON wrote:

Hi all
Kevin thank you very much for this thread.It is my only thread that i visit to get updates on the NID.
Good luck to all and Iraq.
Ron

-- August 15, 2005 1:14 PM ∞

amatullah wrote:

Just wanted to give everyone the heads up ...Dinarmerchant.com now has new site www.hsdinar.com. Samir if you are reading this maybe you should settle the stolen money issue from your JB.TRADER account on ebay....I am one of them and until i get my $2700.00 I will continue to find your new names and post them on the internet.He is also www.midamericatrade.com.

I tried posting this on www.investorsiraq.com last night and they removed the posting which makes me wonder why they would protect this scum
Amatullah

-- August 15, 2005 2:08 PM ∞

Mel wrote:

BTW, I heard on another forum speculation it will go to $.41 out the gate... have you heard the same thing?

-- August 15, 2005 2:38 PM ∞

Willie in Reno wrote:

Amatullah- You might be better off going to the BBB and the Attorney General to recover your funds like I had to. Good luck

-- August 15, 2005 6:50 PM ∞

Jimmy P wrote:

These are indeed exciting times! I wish that this site had not fizzled. I do feel a certain family element here that I do not feel elsewhere pertaining to the Iraqi Dinar. I leave you with the following thoughts:
A 40 cent peg equals 10,000 usd with a 25K dinar bill.
A 41 cent peg equals 10,250 usd with the same 25K dinar bill.
At what level are banks required to make reports to the government?
I would be delighted to ask Sara or Carl if I could !!!

-- August 16, 2005 3:59 AM ∞

BOB wrote:

Sara and Carl-Come on back:

If you won't come back to us, then tell where you are so that we can come to you. I have visited several of the other sites, but I can't really connect with what they are doing, even though there some juicy rumors afloat.

The T&B is a family type operation where we post all types of crap and we disagree with each other and sometimes get nasty with our comments, but we tolorate each other well and get some valuable information in the process.

I haven't given up on the T&B, but we have to get the heavy hitters back on board for this thing to be interesting.

Several of the other sites have the Dinar entering the world market very soon. Let's hope they are right.

BOB

-- August 16, 2005 10:22 PM ∞

Ruth wrote:

Hello All. My name is Ruth, I am a Dinar Investor and have been reading the T&B for a few weeks but have never posted before. A couple of things prompted me to do so at this time.

First, Amatullah, you seem to be having or have had some kind of a problem with money being ripped off from you. There is a site: Rip-off Report.com and badbusinessbureau.com that you might want to log onto to warn others about them. I usually go to it to see if there are any complaints against companies I am considering dealing with.

Second, I would like to ask Bob what some of the other sites are that he's has seen the information about the Dinar coming out soon. I have heard a "rumor"? myself that the price will be set right after the signing of the Constitution then Iraq will give the Financial Insitutions (in Iraq) 30 days to get their affairs in order before listing the Dinar on the World Market Exchange.

On this "rumor"? alone I ordered more Dinar from a friend in Jordan today.

Understandably this is a risk, but certain signs seem to be pointing in the direction of a necessity to stablize the Dinar not only for the sake of Iraq, but countries dealing with them.

I would think Microsoft would be a perfect example, as this country (Iraq) soon will be demanding new technology with their growth. Microsoft would be a perfect company to supply them, but the Dinar is too unstable at this time for Visa transactions. Paypal (if we've ever bought anything off Ebay) won't accept money transfers to or from Iraq as the Dinar is both unstable and pretty much valueless in comparison. This WILL HAVE TO CHANGE with a growing need for Computers, software, digital cameras, color TV's, Cell phones, you name it become more known as luxury's they cannot live without as they have become to us.

Even with this being what has been called by many,a risky investment, there just seems to be too many signs pointing to "Hey! This IS GOING to work!"

Good luck to all, and God place your hand on Troops, protect and guide them till their safe return home.

Ruth

-- August 17, 2005 2:38 AM ∞

Michael wrote:

Well said Ruth. I agree with you and am expecting this to happen a soon as the Contitution is agreed upon. I know I have my fingrs crossed. God Bless you, our troops and IRAQ. :)

-- August 17, 2005 6:31 PM ∞

S wrote:

This is a quote off the Rumor Boards at IIF, subject is an immediate peg. Worth the read, I think.
S.

What’s Your Reality?
--------------------------------------------------------------------------------

I have been following this forum for the past three months and have learned a great deal thus far. I believe that in life we are constantly faced with the task of discerning truth from error, right from wrong. As I’ve read the many threads here, I have come to my own conclusions—as have most of you. I would like to thank those who have created this forum for the purpose of sharing information and the moderators who keep us in line. I have gleaned many gems of information concerning this investment opportunity, and thought it would be good to give a general summary of what I perceive to be true in this situation. Sorry if it’s a little long. Keep in mind that the following is my own opinion, based upon information shared on this forum.

There is a Marshall Plan that has been prepared by our government to help the Iraqi’s rebuild their war-torn, impoverished nation. Trade agreements have also been signed between our two countries. I don’t think many people know that this plan exists, as it is probably being kept quiet until the time comes to publicly announce it. Iraq’s Prime Minister Jaafari slipped and made mention of it in a news briefing with the President back on June 24th. Bush then told reporters that not everything is disclosed publicly.

Bush and his generals have repeatedly stated that the key to success in Iraq is three-fold; there are three tracks that have to be implemented in tandem for success to be achieved. They are security, political, and economic. Bush noted in a news briefing last Thursday from his ranch in Crawford that we are making progress on the political and security tracks, yet he was conspicuously silent as to any progress being made on the economic track. One provision of the Marshall Plan is an economic package that will allow the Iraqi’s to significantly enhance their purchasing power through a revaluation of their currency. This is one of the main reasons why the Dinar can open up on the world market at a stronger rate.

It appears that the majority of Iraq’s odious debts have also been forgiven by creditor nations, the Paris Club, Saudi Arabia and Kuwait—the last of which was taken care of June 30th by the UNCC and debt-swapping agreements in July. This is another reason in support of a strong peg. To get this debt forgiveness, Iraq had to keep their exchange rate artificially low so as to appear “cash poor” to creditors. If they had the money, they could have repaid the debts.

Reconstruction in Iraq has been hampered by the inability of Iraqi’s to import much-needed supplies, due in part to their undervalued currency. In the past couple years, the New Iraqi Dinar has gained acceptance and confidence among Iraqis. This currency isn’t tradable outside of Iraq yet, but it needs to be in order to help kick-start the economy by allowing foreign investment. The IMF has been brought in to legitimize the New Iraqi Dinar and has run “valuation scenarios” to determine an appropriate exchange rate to recommend to the Central Bank of Iraq. These valuation scenarios are based upon a whole confluence of factors, including debt settlements, expected future GDP, value of goods traded with trade partners, expected release of the Marshall Plan, etc. The range that has been established from these valuation scenarios is a peg somewhere between .30-.43USD to 1NID. Due to recent debt-swapping agreements, the expected rate is in the higher end of this range. The NID will be backed by the US Dollar, Gold, and Oil. It is expected that the Central Bank of Iraq will defend a peg rate for at least a year to stabilize the currency, after which time they may allow it to move to a float. If this happens, it is expected that the Dinar could potentially double in value within a few months.

The whole reason we are waiting for the draft of the constitution to be approved by parliament is because Jaafari needs to be given sufficient power to allow the Dinar to start trading on the Foreign Exchange Market. Apparently, the draft of the constitution would be enough for President Bush to give the go ahead with the release of the economic provision of the Marshall Plan, instead of waiting until the end of this year after the elections. It is assumed that by giving the Iraqi’s an economic boost to allow them to revalue their currency and greatly enhance their purchasing power, it will act as a catalyst for passage of the constitution in the national referendum in October and the re-election of interim government officials in December. It is also hoped that a revaluation will help quell the insurgency, which in turn will allow the US and other Coalition troops to begin withdrawing our troops next spring. Can you see why so much rests on the passage of this draft constitution?!

Bush has kept the pressure on the Iraqi leaders to get this draft passed by withholding the economic portion of the Marshall Plan. Once Bush receives confirmation from either the President of Prime Minister of Iraq that the draft of the constitution has indeed passed parliament, he will authorize the release of the economic portion of the Marshall Plan. If the perception in Iraq is that their leaders have come together and created this timeless document, and as a byproduct of it have increased their purchasing power and allowed Iraqi’s to realized such a tangible economic benefit, this will act as a catalyst to keep the momentum going strong for the referendum and elections. World perception of progress in Iraq could be changed overnight. It is amazing to me to watch this “rebirth” of a nation take place before our very eyes!

Many wonder how in the world can Iraq back a peg of .40USD to the Dinar. There are indeed many ways, including Special Drawing Rights to the Economic Stabilization Fund, fractional banking, and warehousing facility. Not to mention that once it’s traded on the Forex there will be many buying at the new rate. Banks will also want to buy up their own reserves, too. In every market there will always be buyers and sellers.

What we are waiting for now is the parliament to approve the draft. The 7-day extension filed this week appears to be a one-time shot. Meaning that if the parliament doesn’t get the draft approved by the 22nd, the interim government will be dissolved and the CPA reinstated. Nobody wants this to happen, but Bush does have that option and he may still release the economic package that will allow for the revaluation of the Dinar anyway. I believe that the Iraqi leaders are doing everything in their power to get this thing passed by Monday’s deadline. It’s political suicide if they don’t.

Who should we watch to know when the draft has been accepted? Only Talabani and/or Jaafari. Once Bush receives confirmation from these two leaders that the parliament has accepted the draft, he will release the economic portion of the Marshall Plan and the announcement will be made behind closed doors in Iraq that the Dinar has been revalued. It will then be announced regionally and later picked up by international news media within 24 hours. The following week it will be trading on the Forex, and then the banks will start exchanging. There will be no re-issue of currency and no zero-lopping. The larger notes will most likely be taken out of general circulation after they are cashed in to be used for larger business transactions, and smaller denominations will be issued. Perhaps this is the reason why there are 5 trillion NID not in circulation—they may include the smaller denominations designed to facilitate the upward revaluation of the NID.

Another interesting factor is the increased security around the CBI, as affirmed by some forum members in Iraq. The CBI just might be preparing for the exchange of the larger denominations for the smaller ones. This is good news, as it indicates a pending revaluation. DrC noted on the 5th that there are two key factors for the announcement of the Dinar revaluation: (1) The constitution is approved AND (2) sufficient security is in place at the CBI, banks and borders. From everything shared by people like DrC, Clay, Chaka, Lance, and others, it appears that the time is at hand for this bird to take flight. We can expect an announcement of a revaluation by the 23rd, with trading on the Forex to begin on the 29th.

Remember though, my perception may or may not be a true reflection of the reality here. This could all be wrong, as I have no insider sources and don’t truly know if those who do are for real. Most of the information I have compiled in this post has come directly from this forum; none of it is new. You will notice from whom the majority of this info came from—give them the credit. This is just my “rehash”, if you will. Also take note that I have posted in the rumor section. But one thing is for sure: if the Iraqi National Assembly approves the draft of the constitution this coming week, then we will all see what the true reality is! GLTA

http://www.investorsiraq.com/showthread.php?s=c3ecb49e8fdab2b02213f18494d1621a&t=8839&page=1&pp=20

-- August 17, 2005 11:53 PM ∞

RON wrote:

Hello all
Hey S this is a very interesting post sure hope it comes to pass.
Good luck to all and Iraq.
Ron

-- August 18, 2005 10:59 AM ∞

Bill1 wrote:

To: "S"

That was a very logical real-time assessment of the IQD situation.

Anyone attempting to debate your talking points doesn't have a leg to stand on.

Thank you.

Bill1

-- August 18, 2005 6:24 PM ∞

BOB wrote:

S

This is the most interesting
post that I have seen since the origin of this site.

I, too, believe that all the ducks are in a row for the dinar to enter the world market, but you explained it is such manner that we could all understand.

All you say may be an unfounded rumor, but it sounds good so lets believe it until someone disproves it.

BOB

-- August 18, 2005 11:23 PM ∞

Ruth wrote:

To:Jimmy, Banks report any transactions of $10,000.00 and above to the Government. Hmmm... Now you've got me thinking. Wonder how many Banks are here in town and how many trips I could make to each one. Think I'll start looking in the Yellow Pages.

Or if all else fails the below looks to me like 23% Tax rate on currency. I have assumed this is just Federal Tax. I am in Washington where there is no personal Income State Tax. If there is anyone who has heard a different rate I would like to know. There IS a possibility we will need to know this by April 15 2006.

http://www.greencompany.com/EducationCenter/GTTRecCurrency.shtml

Currency trading is like commodity trading in general
Most currency traders seek to be treated like commodities and futures traders in that their trading gains and losses are treated as section 1256 contracts.

Both business traders and investors report section 1256 contracts as capital gains and losses on Form 6781 (Gains and Losses from Section 1256 Contracts and Straddles). This allows them to split the gains and losses 60/40 on Schedule D: 60 percent long-term, 40 percent short-term.
This 60/40 split gives commodities traders and investors an advantage over securities traders. 60 percent is taxed at the lower long-term capital gains rates (up to 15 percent) and 40 percent is taxed at the higher short-term capital gains rates (or “ordinary rate” up to 35 percent).

The current maximum blended 60/40 rate is 23 percent, which is 12 percent less than the maximum rate of 35 percent on short-term securities (or cash forex trading if you don’t elect out of IRC 988, see below).

Certainly, a 12-percent tax rate reduction is worthwhile to pursue for all currency traders.

-- August 19, 2005 2:53 AM ∞

outlaw wrote:

Hi gang... great info! here's wishing the pig roast is near because I'm extreamly hungry! Headed back to the sandbox on the 24th.

Regards,
Outlaw

-- August 22, 2005 12:53 AM ∞

RYAN wrote:

HERE IS THE LINK
http://www.edinarfinancial.net/news/?quer=&nm=&ny=&nn=157

International Monetary Fund Calls for Speeding up the Permanent Iraq Constitution
August 19, 2005

It confirmed that violence and the acts of sabotage that are targeting oil facilities are hindering the possibilities of economic growth in the country and exploits the resources that are designated for the reconstruction. Before the explosion of the UN headquarters in August 2003, Lorenzo Perez, chief of the last IMF Mission in Baghdad, said that agreeing on a new constitution for the country "would have a very significant and positive effect on Iraq.

In a press conference, in which he announced the IMF report on Iraqi economy, Perez said, "Agreement on the constitution would be a significant step in the process of political and economic development in Iraq." He added that the solution of several controversial issues; such as the distribution of oil revenues, would not be easy. "Nevertheless, it would have a positive effect on the economic atmosphere, in Iraq in general."

In its report, IMF has requested the Iraqi government to shrink its great support for the prices of oil derivatives to prevent more deterioration of Iraqi budget and to deepen the economic renovations for speeding up the economic growth. He said, "For speeding up the investment in the fields of major reconstruction, social services and reducing poverty, directors stress the necessity of strong movement with regard to the application of reformations in the financial and oil sectors."

IMF has pointed out that it has decreased its forecasts for the growth of the Iraqi national outcome from 17% this year to 4%. It expected that the oil production would remain in the limit of 2 million barrels a day during this year, compared to its former forecasts that reached 2.4 million barrels a day. IMF has attributed this to "the sabotage operations of oil facilities and stopping pumping oil in the north of Iraq."(Source) Al Sharq Al Awsat

-- August 22, 2005 3:58 PM ∞

outlaw wrote:

Hi gang,

I think that we are getting very close to having all of our dreams coming true within a very short time and wanted to say something that I hope everyone understands and I pray that I can relay my thoughts in an intelligent and caring manor.

I see everyone praising and honoring our troops, which is exactly what we should be doing at a time of war, but I want to also mention the untold thousands of members of the Coalation that people usually forget to mention.... The Civilian Contractors.

Yes, I am sure that I got a few chuckles out of a few of you, but seriously... these brave people come from all over the globe to provide every service to our troops that one can imagine. Every thing from delivering their weapons to them on the front lines to cleaning their dirty clothes and providing moral and mental support in a very tough time for most of these young peoples lives. War is very dangerous to both life and the mental health of these brave soldiers and we not only provide a great hot meal to these battle weary troopers but we also tell them the things that they need to hear to get them through the day and into the next.

I would like to honor the unnamed countless couragious Contractors that are standing and dying beside our troops in Operation Enduring Freedom, that this author feels was completely necessary, and would proudly get in line to do again if GWB determined that it benefited our great country to do so.

I see the faces of the brave soldiers who gave their lives in the name of freedom on the nightly news every night, and am confused on why the Civilian Contractors who also died are not even mentioned unless, the poor sole was kidnapped and is begging for his life on national TV. Imagine what the family of these brave people go through watching them being tormented. I just don't understand how we as humans can enjoy watching this type of brutal act being comitted upon someone. Never the less these brave people are here with our troops unarmed doing a just as necessary job as our troops and not receiving the reconition they deserve. These brave people are also Mothers, Fathers, Sons and Daughters. Most are Grandparents.

I hope that when I am standing infront of the National Anti-Terriorism War Monument which will be erected in Washington, that it will proudly display the names of "all" of the brave men and women who died in honor of their unselfish service to our country, not just our soldiers.

Outlaw in Iraq

-- August 22, 2005 11:23 PM ∞

1lt wrote:

Outlaw,
That is an interesting post. Contractors don't get recognized like soldiers do. Yes the contractors are working here to support us, but a huge difference between the two is that contractors are here because the want to be here. The lowest paid US contractor is making over $8000 per month tax free. They can take a vacation every four months, paid. A lot of them just work on the base and never leave the wire. Except for the truck drivers, but even some of those guys have left the wire only 3 times in 6 months. The ones that suffer the most are National Guardsmen. While Active duty Army are away from their families for 1 year, Airforce for 4 to 6 months. National Guard spend at least 18 months away from their families. We have to do a 6 month train up in Texas prior to leaving the states. This process has destroyed so many relationships that it is unacceptable. I guess that is my 2 cents. Oh an average wage for a manual labor worker for the US here in Iraq is $7 per day.

-- August 23, 2005 3:43 AM ∞

RON wrote:

Outlaw and August
There are many who are spoken about and not told of in the great fight for freedom.I agree that anyone that puts their life on the line for another has made such a sacrafice it can not be forgotten.God be with all over there and around the world.My heart and thanks RON.

-- August 23, 2005 9:27 AM ∞

outlaw wrote:

1lt,

I assume that you are an officer based on the 1lt... I have only one qustion based on what I assume is your major concern... "MONEY". Why do you feel that $8000 a month is so fantastic? Do you realize that we work a manditory 84 hours a week? The money Sir is not that great when you consider everything...the mortors, the rockets, living in a prison with very limited activities to do, the sweltering heat, working with other contractors (TCN's) who can't even communicate with us....

Sir, it's not all roses on our side either. Yes, we can leave when ever we want. Yes, we get a 10 day paid vacation every four months...but you know what Sir??? We don't get paid for our overtime as we would in the states...here we only get paid straight time for overtime...everything concidered, I can make more money at home. Most of us don't even consider the money as the main reason were here...it's because we beleive in what we are doing over here and want to be a part of history...making a difference in a very messed up world....doing what's right. The money is a very selfish way of looking at the war my friend.

If you want to complain about where you are, you should go to a mirror and tell it to yourself because Sir, we "all" signed up to be where we all are...there is no draft. Please get rid of the attitude and think about what your day would be like without the contractors. Even the people we support are so blind sided by greed that they don't even realize the things we do for them. Sad...really sad.

The bottom line is that you don't have to leave the wire to die in this hell hole do you sir? We are apart of the liberation force also...my DOD Badge says "Army Contractor" not "freeloader". I am an American Soldier also... not in uniform but in spirit... I did my time in uniform and now I do my time in hell... beside you. What can I and my fellow comrades do to make your time here in the sand a little more enjoyable for you Sir??? If you need something please don't hesitate to ask... "we are here to serve you my friend". "Hooorah!!!"

Outlaw in Iraq.

-- August 23, 2005 11:34 AM ∞

outlaw wrote:

Thanks Ron...will see you at the pig roast soon.

Outlaw

-- August 23, 2005 1:05 PM ∞

1lt wrote:

Outlaw
Well that was a little heated. If you really want to do your part then grab a rifle and come with me, but until then, let's just talk about the money for a second. The $8000 is the bottem of the scale. If you have skills then it goes to $15000 per month. My average soldier is clearing about $3000 per month, fighting an enemy he can't see. Just waiting to be hit by an IED on a daily basis. The sad part is most of my soldiers have been pulled from college, a couple of them seniors. While you will be sipping on Margaritas and waxing your new paid for BMW, the only thing we have to look forward to at the end of this 18 month deployment is financial difficulties, unemployment, and a damaged relationship. That is if we make it back with all of our limbs. Out of the 1800+ soldiers that have been killed here, I know 4 of them. But you know what? I wouldn't give anything in the world to change where I'm at. You are right, we are a part of history. Even though you would be fooling yourself if you were to think this war isn't about the oil, cause it is. I don't have anything against the contractors, but it is costing the American tax payers way too much money. A lot of the jobs that are tasked out such as truck driving could be filled by a Private. Do you realize one meal in the dining facility costs the government $17. It's not even that good. I usually eat an MRE for lunch just to stay away from the mess hall. I'm not trying to pick a fight or ruffle any feathers, I'm just ready to get back home. But on the lighter side of things there is some good that comes from this war. My platoon gets to interact with the locals everytime we go out. So one of my soldier's dad organized a shoe drive back in the states and sent us over 800 pairs. We've been giving them out like hotcakes. Those little moments help me get through the day. I put together a video of the Iraqi kids that is pretty inspiring. If you want, I can send you a copy, just let me know.

Anyways take care and be safe,

1lt Rich

-- August 23, 2005 2:19 PM ∞

outlaw wrote:

1lt Rich,

I like your self agree that paying a contractor is higher than paying a private to do the same job. My base salary is $3000/mo with 55% uplifts for hazardous duty, overseas pay, etc. That 55% is based on the first 40 hours only. We work 84 hours per week mandatory. The other 44 hours is paid straight time only. You do the math.

Lets talk about how much money one soldier costs the government...got to be atleast a couple hundred thousand or more for a four year term when you add in training, health care, food, clothing, benefits, housing, etc. I bet the government saves money using the contractors...that's why we're here...don't you think?

As far a sipping Maragritas and waxing my BMW. Most of us contractors are a generartion ahead of you and we are the ones paying for your young soldiers education. We like you are not using this war money for useless boy toys that you wish you had. I also have a family that wishes that I was home to hug and kiss. I have a dog that wishes I was there to take him for a walk. Please don't preach about lost relationships because of duty...I won't shead a tear for you. I bet your education was paid for by the very tax payers you are complaining about. If you used the G.I. Bill we probably did.

As National Guard members you reaped many, many years of free tax payer benefits doing nothing, and now it's time to pay the piper. Pucker-up and do your job as you promised to do.

Yes Sir, VBIED's, IED's, RPG's, landmines, handgranades, motars, rockes, bullets, shrapnel, are all a part of war and Yes, they suck but again, who put you and your men there? GWB? Your Government? NO!... YOU DID! You took the Same Oath that I did when I was in.

As far as picking up a weapon and joining you...I would love to because frankly I don't trust the Nation Guard with my life as far as I can throw them. There are lots of stories about Reserves pulling tail and running under fire. Do you think this is the first war in the history of the US? Sir, we contractors as a whole probably have more time under emeny fire than all of the Nation Guard in country now. Just because the Geneva Convention and KBR forbids us from using weapons dosen't mean we're not capable of doing so. Where do you think all of the old warriors go when they retire?

Sir, as far as the video...I would love to see the response of the children. I know what you are talking about because I have seen it also. I have some video's made by contractors that show just how dangerous it is here for us also if you want to see.

Sir, I am not degrading the dangerous job that you and your brave warriors are performing, I was only hoping to get you to understand that we too are warriors and also will give our lives in the name of freedom as you will.

I salute you and your men for a great job. Please understand that we all honor the same flag.

Outlaw in Iraq

-- August 23, 2005 3:35 PM ∞

michael wrote:

I have been reading the last few post and it seems there is no news about the dinar anymore. I wish some of the good researchers would return. As for the current topic, I have to agree with Outlaw. It is true everyone makes sacrifices for this war. What is bad is people here protesting and calling for GWB to end the war. What the hell is wrong with these people. That would make every person who has died in Iraq, died for nothing. Are we a nation to stick our tails between our legs and run just because things don't go the way we plan? I am proud of everyone who is helping to fight this war, military or not. It is true that the reserves sit in none war times and reap the rewards and free money and education. But, remember when they signed there name to join, they were signing that they are willing to give there life if needed. Sorry people who don't support the war, this is reality! Live with it..

-- August 23, 2005 4:12 PM ∞

ELVIS wrote:

I have been waiting for you guys to come back on line. outlaw, Ron, rich, and everyone else youall doing a good job. be very careful If any one wants a job I WORK for avery large corporation in Florida

-- August 23, 2005 5:25 PM ∞

elvis wrote:

I keep on losing you guys on the computer, I do not know what I'm doing wrong. would someone let me know what e-mail address to get you guys. this is about the iraqi dinar coments, ELVISCONNECTION3@AOL.COM thank you, thankyou very much!!! elvis

-- August 23, 2005 5:57 PM ∞

outlaw wrote:

Oh Lt,

One other thing...the reason your meal costs $17.00 is because for security reasons all food must be shipped from the states. Guess what shipping on pershable goods cost today with fuel as high as it is. Please don't be so critical until you know all the facts. Halliburton follows the directives of the U.S. Government in all operations. The cost of these operations is dictated by the needs and wants of the Government.

Outlaw in Iraq

-- August 23, 2005 8:40 PM ∞

BOB wrote:

Come on fellas, lets cool it a bit.

We are all on the same mission, whether it be contractor or ground soldier and the pay may not seem equitable to either of you but you have to live with the system.

I spent 40 years in the National Guard as a CW4 and I signed up the Lt Governor of my State during Vietnam who was a young lawyer at the time.

The Guard was ready in Vietnam but never got the call and Guardsmen stand ready to answer the call whenever needed and should be revered for their role.

As an old soldier who no longer has to be a yes-man, I do not agree with our action in Iraq but I support the soldiers who are carrying out the mission 100% and will support them until they arrive back home.

All soldiers are yes-men. If you ever choose to disagree with what the chain-of-command has decreed, then you are gone and maybe that is the way it should be.

Outlaw, SPOE, I may not agree with why you are there but I support you 100% until you accomplish the mission.

-- August 23, 2005 11:46 PM ∞

1lt wrote:

Outlaw ok lets call a truce. Bottem line this place sucks. It's going to be many years before this place stabilizes. Any Iraqi who stands up for himself is killed or his family is killed. My interpreter had to move his entire family out of Baghdad because of threats. Some insurgents came to kill him and he fired back at them and they ran away. Guess what they did? They went and got the Iraqi Police and took his weapons away. I see corruption just about everyday with the Iraqi Army. Yet I'm still a believer. I have 2.2 million dinar sitting safely back in the states. I'm probably going to buy another mill, but I gonna wait a little while longer. Mainly because my first intpreter who was my connection, and helped us out greatly with corrupt IA's got shipped off to the Iranian border. See what I mean, if you do good they get rid of you some way or another. Anyways here is to hoping our ship comes in.

-- August 24, 2005 7:13 AM ∞

outlaw wrote:

1lt,

I understand exactly what's going on in the country and I am with you. If you are near BIAP I can get you Dinar. If you are near the Green Zone go to the Al Rasheed Bank and you can get Dinar at Bank rate. I got about 20 mil in the states. I will buy you a drink at the pig roast. Buy more if you can. I estimate you got only a few weeks before it hits Forex.

Stay safe and here's to a guick return home for you and you warriors.

Outlaw

-- August 24, 2005 9:30 AM ∞

outlaw wrote:

One other thing LT.... I would like to see that video if you would be so kind to send it to me. "outlawtwo2002@yahoo.com"

Regards,
Outlaw in Iraq

-- August 24, 2005 10:34 AM ∞

1lt wrote:

Outlaw,
Can you email me your physical address. I have a couple of videos, but they are a couple of hundred megabytes each. My address is richpaetz@msn.com

A couple of weeks huh? I better get moving.

Cheers!

-- August 24, 2005 11:05 AM ∞

Bill1 wrote:

Good morning Gents,

...Nothing like a little Spirited Debate to get the juices flowing!

Bottom Line:

God Bless you all, and your families!!! Stay safe and keep your men (subordinates) even safer. We love and revere every single American serving on Iraqi soil.

The motive/s for the war are dubious, as they have been spelled out to the general public. But; in the end - when all is said and done - if the Iraqi people can hold their heads high, and their lives be that much better than under Saddam, then maybe in some small way it will have been worth it.

Cheers,

Bill1

-- August 24, 2005 12:08 PM ∞

Ruth wrote:

After reading the comments between Outlaw and 1lt, I post with a heavy heart this morning. This past year since my first investment in the Dinar I have been thinking only of my greediness, how much money I will have and what I will do with it. Once in awhile but VERY seldom I have thought of the men working, fighting and DYING for the cost of this Dinar. I ask for forgiveness.

I am a grandmother for Heaven's Sake, normally with a heart full of love and forgiveness myself. I often think if there is a God, Outlaw and 1lt, you wouldn't even be there. There would be no need as there should be no killing.

I do so wish I could just grab onto both of you and hug hug and hug you.. Please be careful and safe.

Grandma Ruth

-- August 24, 2005 1:23 PM ∞

outlaw in Iraq wrote:

Dear Gramma Ruth,

Huggs and kisses back to ya! Please don't worry about us here in the sand...me and 1lt will take care of eachother and take care of business over here. We will be at that huge pig roast with you very soon. (smiling and a wink)

Outlaw

-- August 24, 2005 4:22 PM ∞

Michael wrote:

Gramma Ruth,
Don't feel bad and with a heavy heart. The money from those dinars you bought was pumped into the iraqi economy. It may have been just a little money, but every bit helps. Actually you were investing money to help iraq and speed up bringing outlaw and 1lt home.

-- August 24, 2005 5:14 PM ∞

tkwright wrote:

This message is going to outlaw in iraq and anyone else who reads this...YOU ARE OUR HEROES! How blessed we are to live in this nation of freedoms, and it's because of you and the sacrifices you make daily over there. We sit in our comfortable a/c homes, drive down the road to get a milkshake, or a gallon of milk, and really don't have any idea what you go through daily. Just know that you are revered in the little town of Mt.Juliet TN and that we hope you'll come home safely. Thank you for your bravery!

-- August 24, 2005 10:56 PM ∞

Gramma Ruth wrote:

Dear Outlaw, Thank you, Bless you, and what IS the "huge pig roast"? Whatever it is, I think I'll be there!

Hugs, Gramma Ruth

-- August 26, 2005 3:53 PM ∞

Dave wrote:

What the he** happened to this site? It used to be a good source of Dinar info and thought. Don't you folks do any research or have any thoughts about this issue? Too bad...where did all the older posters go?

-- August 26, 2005 8:57 PM ∞

johnnyhavedinar wrote:

Hey what happen to you all heros, carl and sara. If we can find this board they can to . But maybe be those guys had other things in mind. how many posters here are actual merchants pumping dinars. As i said before this is just like a BB Stock, just pump and dump.

There will be no pig roast, so lets just use those dinars as wall paper.

Before anyone reply, think and think again this is a dead board

-- August 27, 2005 12:54 AM ∞

RON wrote:

Hi all
I still have hope for our investments and for the Iraqi people.If you do not want to read about the hopes and wish's of some good down to earth people,then maybe it is you who needs to move on and use your dinar"if you have any" for wall paper.Good luck to all and Iraq.RON

-- August 27, 2005 1:59 PM ∞

Outlaw in Iraq wrote:

Dave,

You must be a newbe to the site huh??? There is no new news... that's why we're not posting anything. Read the old posts over the last two months and you will know as much as we do. It's a stalemate.

Outlaw

-- August 29, 2005 1:13 AM ∞

Roll Tide wrote:

I just wanted to say that I have enjoyed reading the posts on this site for over a year now. I have never posted anything until now since the board is starting to decline. First off I would like to say that I am a die hard conservative so don't take what I'm about to say the wrong way. To start with I did not agree with Mr. Bush when he decided to invade Iraq. We are risking the lives of our soldiers to liberate a country that does not want to be liberated. Think about it, Saddam may have had to rule the way he did just to keep those people in line. Why have we decided that we are the world police anyway. All we have done is draw hatred to ourselves from other countries. I know I'm pissing a lot of you off right now and all you can think about is We are fighting overseas so we want have to someday fight here. Give me a break, If Iraq did have any weapons of mass destruction they have no means of ever delivering them to the US. If we needed to fight a war for this reason I can think of some more countries that are of a series threat and hate us just as much. However after saying that, now that we have commited ourselves to this cause I back it 100% and we should see it through. We need to fight to win rather than fighting in a way that pleases everone. We must strike a lethal blow to this country. We need to use anything in our arsenal that it takes to end this thing quick and get our boys back home. This is the only way to stabilize the country and get their economy back on track. I love to read the rumors section at investors iraq and see all of the crazy rumors. Believe me I wish they were correct because just about everyday we are going to hit the lottery. Everyone just needs to be patient. The dinar is going to peg and gain in value but its not going to be anytime soon. Don't believe everything you hear, every year before football season I hear that Alabama is going to win the national championship. Just like the dinar I like to hear that but I know now is not the time but it will happen again just like the dinar will again gain in value.

-- August 29, 2005 3:27 AM ∞