Truck and Barter

Comments

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Okie wrote:

Wow!! A brand new scratch pad..

I've been calling around to see if anything exciting is coming out of Iraq related to the new Government....very quiet. At least we're seeing a lot of forward movement that we can credit to the new PM.

-- April 30, 2006 12:57 PM ∞

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Okie wrote:

I think we will see more Refinery expansion during the coming years. Folks, this is good news but I'm sure the liberal press will find something to bitch about. The companies involved in this are world class leaders in their field and will do an outstanding job.

http://www.construction.com/NewsCenter/Headlines/RP/20060104tx.asp

-- April 30, 2006 2:10 PM ∞

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Okie wrote:

More and more of the news coming out of Iraq Is positive. The formation of this type of Government in the Middle East is monumental and will be so noted in the history books.

http://news.yahoo.com/s/nm/20060430/ts_nm/iraq_dc_2

-- April 30, 2006 2:29 PM ∞

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Bill1 wrote:

Sounds great Okie.

And, thanks for the comments about my girls ...just got some boxes off to them yesterday.

Sounds like the "Dinar Train" is back on track again!!!

Best of luck to the Iraqi People!

Bill1

-- April 30, 2006 9:52 PM ∞

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carl wrote:

THOUGHTS-WORDS-DEEDS

The three tools which mankind uses to create the reality of the world and the events within it.

What is thought..? Simply Energy.....Active thought is active energy...concentrated thought is concentrated energy....concentrated energy focused on a goal or purpose becomes harnessed power...

In other words Thought is simply the attitude of the mind toward life...this attitude determines the experiences with which mankind will meet and experience life.

Religion, sciences and philosophies which the world is familiar have been based upon the effects of concentrated thought. Mankind keyed on the effects of concentrated thought, all the while ignoring and misunderstanding the cause of the effects itself.

For this we have God & Devil in Religion, Positive and Negative in Science, Good and Bad in Philosophy.

Some say the answer to all problems of the world is mankind has to change their attitude of thought toward one another...

I believe Jesus said, it best..." Do unto others as you would have them do unto you"

Until the attitude of thought changes, mankind will continue to have conflicts....

-- April 30, 2006 11:28 PM ∞

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MinistryOfLies wrote:

Iran: U.S. Threats are Violation of International Law

UNITED NATIONS — Iran denounced the United States on Monday for contemplating possible nuclear strikes against Iranian targets and urged the United Nations to take urgent action against what it called a dangerous violation of international law.

In a letter to U.N. Secretary-General Kofi Annan obtained by The Associated Press, Iran's U.N. Ambassador Javad Zarif called President George W. Bush's refusal two weeks ago to rule out a U.S. nuclear strike on Iran and a similar follow-up statement by Secretary of State Condoleezza Rice "illegal and insolent threats."

Bush was asked on April 18 whether U.S. options regarding Iran "include the possibility of a nuclear strike" if Tehran refuses to halt uranium enrichment. "All options are on the table," the president replied, but he stressed that the United States will continue to focus on diplomacy.

Iran insists it is legally entitled under the Nuclear Nonproliferation Treaty to enrich uranium to provide fuel for civilian power plants but the United States suspects its real aim is to produce nuclear weapons, a view backed by Britain and France.

Zarif said the use of "false pretexts" by senior U.S. officials "to make public and illegal threats of resort to force against the Islamic Republic of Iran is continuing unabated in total contempt of international law and fundamental principles of the United Nations Charter."
The "U.S. aggressive policy" of contemplating the possible use of nuclear weapons also violates the Nuclear Nonproliferation Treaty and other U.S. multilateral agreements, he said.

"Such dangerous statements, particularly those of the United States president, widely considered in political and media circles as a tacit confirmation of the shocking news on the administration's possible contemplation of nuclear strikes against certain targets in Iran, defiantly articulate the United States policies and intentions on the resort to nuclear weapons," Zarif said.

"In view of the past illegal behavior of the United States, these assertions yet again constitute matters of extreme gravity that require an urgent, concerted and resolute response on the part of the United Nations and particularly the Security Council," he said.

"It is indeed regrettable that past failures of the United Nations in responding to these illegal and inexcusable threats have emboldened senior United States officials to go further and even consider the use of nuclear weapons as an `option on the table'," the Iranian ambassador added.

After lengthy negotiations, the U.N. Security Council adopted a statement a month ago demanding that Iran stop enriching uranium. A new report Friday from the International Atomic Energy Agency, the U.N. nuclear watchdog, confirmed what the world already knew: Iran has refused to stop enriching uranium.

The United States, Britain and France immediately announced plans to introduce a new Security Council resolution this week which would make Iran's compliance with their demands mandatory. To intensify pressure, they want the resolution under Chapter 7 of the U.N. Charter which means it can be enforced through sanctions or military action.

China and Russia, the two other council members with veto power, oppose sanctions and military action and want the Iran nuclear issue resolved diplomatically, with the IAEA taking the lead, not the Security Council.

U.N. spokesman Stephane Dujarric said Annan had not yet received the letter. The U.S. Mission to the United Nations said it was also waiting to see the letter before commenting.

-- May 1, 2006 3:21 PM ∞

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MinistryOfLies wrote:

Four Iraqis Killed, Protesters Demand Better Security in Baghdad

BAGHDAD, Iraq — About 200 Shiites rallied outside the Green Zone on Monday to demand that U.S. and Iraqi forces do more to stop insurgent attacks in the capital and help Iraqis who are fleeing their homes because of sectarian violence.

Most of the protesters were women dressed in abaya, the full-length black robes worn by devout Muslim women. One weeping demonstrator held up the photo ID card of her husband, a truck driver, and said he recently had been killed in a drive-by shooting.

Other protesters waved large cloth banners with slogans demanding that the Iraqi government provide better care for displaced families.

The rally took place outside the tall cement wall surrounding the Green Zone, where Iraq's government meets and the U.S. and British embassies are located. At one point, two Iraqi men — a soldier and a civilian — left the compound to meet with the protesters and briefly take notes about who they were and what they were demanding.

Meanwhile, the bullet-ridden, handcuffed and blindfolded bodies of three Iraqi men were found in Baghdad's southern neighborhood of Dora, said police Capt. Jamil Hussein said. A drive-by shooting also killed a Shiite grocer was killed in his shop, Hussein said.

Elsewhere, three roadside bombs exploded in Baghdad on Monday, a national holiday in Iraq, wounding two Iraqi civilians, police said.

The first bomb exploded at 8 a.m. in the Mashtal district of eastern Baghdad, wounding two Iraqi civilians, said police Maj. Mahir Musa.

The second blast, targeting an Iraqi police convoy, occurred at 9:45 a.m. on a highway in the nearby district of Kamsara, causing no casualties, said police Lt. Bilal Ali Majid.

About five minutes later, a fuel can being used as a roadside bomb exploded about 500 meters (yards) behind a U.S. military convoy in Al-Bayaa, a neighborhood of southern Baghdad, causing no injuries or damage, the U.S. military said.

May 1, known as Workers' Day, is a national holiday that closes government offices across Iraq, but many businesses and stores work normal hours.

Tens of thousands of Iraqis have fled their homes in mixed Sunni-Shiite areas because of sectarian violence, some of it caused by militias allied with Iraqi political parties. A surge in such attacks began after the Feb. 22 bombing of a Shiite shrine in Samarra in northern Iraq.

In other violence Monday:

— Insurgents fired two mortar shells at a U.S. military base in Haqlaniyah, 220 kilometers (140 miles) northwest of Baghdad, prompting soldiers to search surrounding houses and shops for suspected militants, witnesses said. No casualties were reported.

— In Tikrit, the hometown of former dictator Saddam Hussein, roadside bombs aimed at American convoys exploded in two nearby neighborhoods, police said. No casualties were reported, but U.S. and Iraqi forces to searched homes in both areas.

On Sunday, a roadside bomb in Tikrit, which is 130 kilometers (80 miles) north of Baghdad, destroyed an American Humvee, the military said. It said no service members were killed in the attack, but did not say whether anyone was injured.

-- May 1, 2006 3:23 PM ∞

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MinistryOfLies wrote:

Skinheads, Militants Disrupt Gay Night at Moscow Club

MOSCOW — A group of skinheads and elderly Russian women holding religious icons disrupted a gay night at a Moscow nightclub, forcing clubbers to be evacuated by bus, media reported Monday.

Over 150 far-right activists and Orthodox Christian militants blocked the entrance to the La Guardia nightclub on Sunday evening, the Interfax news agency reported, citing an unidentified police official.

Police had to form a human chain to separate the protesters from people inside the club and the party did not take place because most of its guests could not enter the club.

Some of the young people started to throw eggs, tomatoes and plastic bottles when the guests began leaving the club by bus, according to footage shown by NTV television.

"We know this is a sin and we can't allow it to flourish here, these lesbians and sodomites, their souls will die, they will go to hell," said one elderly Orthodox woman.

The protesters yelled homophobic insults, the Ekho Moskvy radio station reported.

Moscow's mayor earlier this year refused to allow the Russian capital's first gay parade because the proposed May 27 event had "evoked outrage in society, in particular, among religious leaders."

Human rights groups criticized the decision as a violation of civil rights.

Police declined to comment on the nightclub incident.

But the leftist Radical Party, accused the police officers at the scene of failing to protect the clubbers from the protesters.

"If the police chiefs cannot force their subordinates, among whom there are significant numbers of homophobes, to obey orders, these chiefs should be fired," the party said in a statement.

-- May 1, 2006 3:33 PM ∞

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MinistryOfLies wrote:

Carl,

Interesting philosophy on thought. Unfortunately, attitudes are hard to change since many people are either closed minded (i.e. always think they are in the right) or ignorant. Some more appropriate quotes for today's circumstances could be Confuscious' Golden Rule: "A man should practice what he preaches, but a man should also preach what he practices" and another Confuscious saying similar to Jesus' quote, "Do NOT do to others what you do NOT want done to yourself"

-- May 2, 2006 11:33 AM ∞

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Sara Madgid wrote:

Iran will hit Israel if US does "evil": agency
Tue May 2, 2006 9:01am ET

TEHRAN (Reuters) - Iran will target Israel first if the United States does anything "evil", a senior commander in the Iranian Revolutionary Guards said on Tuesday.

"We have announced that wherever America does something evil, the first place that we target will be Israel," Revolutionary Guards Rear Admiral Mohammad-Ebrahim Dehqani was quoted as saying by Iran's student news agency ISNA.

The Islamic Republic has never recognized Israel and Iranian President Mahmoud Ahmadinejad has called for the Jewish state to be "wiped off the map."

http://today.reuters.com/news/articlenews.aspx?type=topNews&storyid=2006-05-02T130318Z_01_BLA246839_RTRUKOC_0_US-NUCLEAR-IRAN-ISRAEL.xml&rpc=22

-- May 2, 2006 1:07 PM ∞

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Sara Madgid wrote:

Iran ’shelling PKK in Iraq’, say Kurds

5/2/2006 FT - By Gareth Smyth
Iraqi Kurdish officials yesterday reported Iranian artillery shelling of positions held by fighters of the Kurdistan Workers party (PKK) inside Iraq. This was a day after the Iraqi defence ministry said Iranian troops had recently attacked PKK positions inside Iraq, crossing 5km into Iraqi territory near Haj Umran. Iran denied the charge.

http://www.kurdmedia.com/news.asp?id=12165

-- May 2, 2006 1:09 PM ∞

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Sara Madgid wrote:

Carl;

I agree with you that, quote: "mankind has to change their attitude of thought toward one another..."

I also believe that God is not the author of evil and does not endorse it, as I posted before about evil just being the absence of God (who is Love, Light, Truth, Compassion, etc).

But the reality we confront in many dimensions, some examples of which you quoted when you said "Positive and Negative in Science, Good and Bad in Philosophy and God & Devil in Religion" do appear to be real constructs and not merely a trick of our imaginations. There really is a negative and positive polarity to a magnet, and if you look around you and see the effects of real evil in man's inhumanity to man (such as the terrorists in what they do to innocent men women and children in bombing them as they go about their daily routines), it does seem malevolent and not merely passive, intentional rather than accidental, concentrated (as you said) and not merely dilute. War is definitely called "Hell" for a reason - if Hell can be called a place where evil does indeed happen. Yet, on earth, even in the direst, dirtiest and most hellish places on earth, we can still sometimes see God. So it isn't really hell here, just a lot like it sometimes.

The reason we have wars, hellishness, and evil.. is precisely because mankind is not always capable of changing their attitudes of thought toward one another. Because there is a point where the two polar opposites of "Good and Bad" which you spoke of, cannot come to a place of agreement. Then we have a war. But, we are not in that day concerning Iran yet. I still see "wiggle room" to avoid further conflict as being possible. However, in light of the past few posts about Iran, they appear to be of the mindset that they will not change their attitudes.. and I do not think the world has the option of acceding to their demands and allowing them to "wipe Israel off the map". Therefore, this drama is unfolding in such a way that peace, love, diplomacy and brotherhood may not be capable of resolving this conflict due precisely to what you said here, a segment of mankind being hell bent on the destruction of another portion of mankind (in this case Israel, wishing to "wipe" it off the face of the map of our earth) and their not being capable of changing their attitudes or thoughts.

Sara.

-- May 2, 2006 1:37 PM ∞

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Sara Madgid wrote:

Meanwhile in Iraq, progress
Posted by: McQ on Tuesday, May 02, 2006

Once the logistical tail and the C3I nodes needed to support the military and security battalions in the field are in place we'll see a huge jump in level one battalions. That is targeted for happening this year. And when it does, coalition forces should begin to stand down in earnest.

As we've mentioned any number of times, there are various factions loosly lumped under the label "insurgent". One of the largest is the Sunni insurgency. There may be some significant progress in ending that portion of the insurgency according to Iraq's President, Jalal Talabani:

Meanwhile, in an attempt to reach out to insurgents, Iraqi President Jalal Talabani said he has been meeting with seven armed groups in hopes of agreeing a deal to include them in Iraq's political process.

None of these groups include people loyal to al Qaeda in Iraq leader Abu Musab al-Zarqawi, according to a statement issued Sunday from Talabani's office.

"These groups who are holding talks with the president are those who believe in a prosperous Iraq. Their will to fight America has waned," said a spokesman in the president's office.

A source close to Talabani said the meetings have been under way for some time.

The groups are realizing that Americans are not their true enemy, the source said, and that they have been "fighting the wrong enemy."

"[These groups] are coming to the realization that one day the Americans will leave — and that the most important thing is an Iraq that is free from Iranian influence," the source added.

Again, a critical step. Success in shutting down the Sunni insurgency would allow coalition and Iraqi security forces to concentrate on the smaller groups to be found among al-Queda and the Ba'athist dead-enders.

http://www.qando.net/details.aspx?entry=3808

-- May 2, 2006 1:57 PM ∞

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Sara Madgid wrote:

Meanwhile in Iraq, progress, more
Posted by: McQ on Tuesday, May 02, 2006

Speaking of al-Qaeda, Counterterroism Blog reports that there is all but open warfare between the Sunnis and al-Qadea in Iraq (and the information gathered supports Talibani's claim to be making progress in stopping the Sunni insurgency):

The Combating Terrorism Center at West Point looks at newly released al-Qaeda communiques from the Harmony database. The final analysis concludes "al-Qa`ida operational commanders [in Iraq] are increasingly vexed by the continued loss of popular support, which they attribute to the willingness of Sunni tribal leaders and politicians to participate in the political process." The report continues:

"One of these letters, written by an unknown commander in Zarqawi’s organization, describes the problems that local community leaders have caused for al-Qa`ida, particularly in al-Anbar province. By supporting local elections, collaborating with American military officials, and encouraging young Iraqi men to join police and security forces, Sunni politicians and tribal sheikhs have successfully steered thousands of Iraqis away from the jihadi message and toward the participation in the political process. The author, therefore, advocates the assassination of these figures."

Major progress. In fact, so much so that it appears that al-Qaeda has decided to change its entire way of fighting in Iraq:

"The leader of Al-Qaeda in Iraq, Abu Musab al-Zarqawi, is attempting to set up his own mini-army and move away from individual suicide attacks to a more organised resistance movement, according to US intelligence sources.

Faced with a shortage of foreign fighters willing to undertake suicide missions, Zarqawi wants to turn his group into a more traditional force mounting co-ordinated guerrilla raids on coalition targets.

Al-Qaeda is sending training and planning experts to help to set up the force and infiltrate members into Iraq with the assistance of the Iranian Revolutionary Guards, the sources said."

Note too that this report also supports Talibani's contention that "the most important thing is an Iraq that is free from Iranian influence". And here we have reports of al-Qaeda teaming with Iran to staff it's "army".

One assumes the Iraqi people know leopards don't change their spots and won't buy into supporting al-Qaeda now that it has gone 'conventional'. But doing so is almost a gift. It plays right into the hands of both coalition and Iraqi security force's training. It's very hard to defend against a human being who is willing to blow themselves up in order to kill others. It isn't as difficult to fight a more conventional enemy, especially one who has already ostracized the majority of the population.

Add the fact that the government is now forming and preparing to govern and one has to see that progress is indeed being made in Iraq.

http://www.qando.net/details.aspx?entry=3808

-- May 2, 2006 2:04 PM ∞

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Okie wrote:

Let the negotiations begin....

BAGHDAD (Reuters) - Political leaders of Iraq's Sunni minority staked their claim to steering constitutional change through parliament on Tuesday, on the eve of the new assembly's first day of normal business since an election in December.

http://news.yahoo.com/s/nm/20060502/wl_nm/iraq_constitution_dc_3

-- May 2, 2006 2:22 PM ∞

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MinistryOfLies wrote:

Report: Japan to Pull Out of Iraq When U.K., Australia Go

TOKYO — Japan will withdraw its non-combat troops deployed in southern Iraq at the same time that Britain and Australia pull their troops out, a news report said Tuesday.

Defense Agency Director General Fukushiro Nukaga officially told Washington on Monday about the terms under which Japan plans to pull out the 600 troops it has stationed in Samawah, southern Muthana province, on a humanitarian mission, Kyodo News agency reported.

"The foundations for reconstruction in Muthana province to a certain extent have been completed," Nukaga told a meeting of senior U.S. and Japanese defense and foreign ministry officials in Washington, according to an unidentified Japanese official cited by Kyodo.

"We want to complete our troops' activities at the same time as the British and Australian forces do, provided conditions allow," he said, according to Kyodo.

http://www.foxnews.com/story/0,2933,193887,00.html

-- May 2, 2006 4:10 PM ∞

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MinistryOfLies wrote:

The CIA Leak: Plame Was Still Covert

Feb. 13, 2006 issue - Newly released court papers could put holes in the defense of Dick Cheney's former chief of staff, I. Lewis (Scooter) Libby, in the Valerie Plame leak case. Lawyers for Libby, and White House allies, have repeatedly questioned whether Plame, the wife of White House critic Joe Wilson, really had covert status when she was outed to the media in July 2003. But special prosecutor Patrick Fitzgerald found that Plame had indeed done "covert work overseas" on counterproliferation matters in the past five years, and the CIA "was making specific efforts to conceal" her identity, according to newly released portions of a judge's opinion. (A CIA spokesman at the time is quoted as saying Plame was "unlikely" to take further trips overseas, though.) Fitzgerald concluded he could not charge Libby for violating a 1982 law banning the outing of a covert CIA agent; apparently he lacked proof Libby was aware of her covert status when he talked about her three times with New York Times reporter Judith Miller. Fitzgerald did consider charging Libby with violating the so-called Espionage Act, which prohibits the disclosure of "national defense information," the papers show; he ended up indicting Libby for lying about when and from whom he learned about Plame.

The new papers show Libby testified he was told about Plame by Cheney "in an off sort of curiosity sort of fashion" in mid-June—before he talked about her with Miller and Time magazine's Matt Cooper. Libby's trial has been put off until January 2007, keeping Cheney off the witness stand until after the elections. A spokeswoman for Libby's lawyers declined to comment on Plame's status.

© 2006 Newsweek, Inc.

-- May 2, 2006 4:13 PM ∞

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MinistryOfLies wrote:

MSNBC: Plame was working on Iran

Melissa McEwan May 2, 2006.

Earlier this year, in a story largely ignored by the mainstream media, Raw Story's Larisa Alexandrovna reported that CIA operative Valerie Plame, whose covert status was compromised by a White House leak in retribution against her husband, Joseph Wilson, for concerns raised about the use of pre-war intelligence, was monitoring weapons proliferation in Iran. At the time, officials to whom Alexandrovna spoke confirmed that Plame's "outing resulted in 'severe' damage to her team and significantly hampered the CIA's ability to monitor nuclear proliferation."

On last night's Hardball, MSNBC correspondent David Shuster confirmed that report:

MSNBC has learned new information about the damage caused by the white house leaks.

Intelligence sources say Valerie Wilson was part of an operation three years ago tracking the proliferation of nuclear weapons material into Iran. And the sources allege that when Mrs. Wilson's cover was blown, the administration's ability to track Iran's nuclear ambitions was damaged as well.

The white house considers Iran to be one of America's biggest threats.

For a very long time, an essential part of the GOP spin on this issue has been that Plame was not covert, so leaking her name "didn't matter." If Raw Story's and MSNBC's sources are correct, this report wholly undermines that assertion--in addition to casting the gravity of the outing in a whole new light.

It also necessarily raises (at least in the mind of this cynic) the possibility that the assumptions about the White House's motive for the leak was not exclusively about political payback. The administration's rhetoric on Iran is eerily similar to that we saw during the run-up to the war with Iraq, as illustrated by this post at The Belgravia Dispatch. Knowing as we now do that the administration was bent on war with Iraq and the lengths to which they went to make that war happen, it would be foolish to think they would not endeavor to do to same if they are similarly bent on a confrontation (more here) with Iran. If Plame could have provided information that disputed Iran's nuclear readiness, which is serving as the key justification for escalating alarmism about Iran, it's very useful indeed from the administration's perspective to have her out of the picture.

-- May 2, 2006 4:18 PM ∞

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drtayl0r wrote:

I've been reading through the history of posts recently. It seems alot of news is being posted, however, not alot directly relating to the dinar. Does anyone had any speculation as to the future of the Dinar once a pull-out occurs?

-- May 2, 2006 5:18 PM ∞

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Mary Lou wrote:

Iran's secret plan if attacked codenamed 'Judgment Day'

Tehran has recruited and funded eight Islamic fundamentalist organizations to undertake retaliatory strikes against U.S. and British military and economic interests across the Middle East – and perhaps in the U.S. and Europe – in the event Iran's nuclear facilities are attacked, reports a London Arab daily, Asharq Al-Awsat.

The plan, which has been heavily funded and was created by a number of experts in guerilla warfare and terrorist operations, includes suicide attacks against U.S. and British targets in the region as well as their allies. According to information gleaned from a senior source in the Iranian armed forces' joint chief of staff, logistical support for the groups that would participate in the plan comes from Brigadier General Qassim Suleimani of the of the Revolutionary Guards' al Quds Brigades.

"Most of Iran's visitors in the last four months, including the leaders of revolutionary groups in Iraq, Palestine and Lebanon, as well as the heads of Hezbollah cells in the Persian Gulf and Europe and North America were asked, when they met with the Iranian intelligence minister Gholamhossein Mohseni Ezhei and his aides: 'Are you ready to defend the Islamic revolution and vilayat e faqih (rule of the clergy)?'" the source said. "'If you agree to take part in the great jihad, what would you need to be ready for the great fight?'"

The leader of one of the Iraq groups that is part of the "Judgment Day" plan told the Iranians his men would turn Iraq into hell for Americans in the event of an attack on Iran. The Revolutionary Guards' military training camps have been made available to Moqtada al Sadr's Mahdi Army. Al Sadr has received more than $20 million from the Iranians.

Street-fighting training has been given in Isfahan, Iran, to members of the Palestinian Islamic Jihad, as well as large sums of money and large quantities of arms.

As reported by WorldNetDaily, Iran's President Mahmoud Ahmadinejad has recruited Imad Mugniyah, the Lebanese commander of Hezbollah's overseas operations, to oversee retaliation against Western targets following any U.S. strike on Iran's nuclear facilities.

Officers sent to southern Lebanon last month are in command of more than 10 thousand rockets aimed at Israel's cities. It is believed they've been given control of Hezbollah's missiles to attack Israel if Iran's nuclear sites are hit. U.S. officials and Israel intelligence sources believe Mugniyah is in charge of these operations.

"When and if the Iranians decide to hit the West in its soft belly, Imad will be the one to act," a Western intelligence source said.

Approximately 80 members of Hezbollah received training last year in ultralight aircraft and undersea operations in order to carry out suicide attacks.

Implementation of the plan is set to begin immediately following a strike on Iran's nuclear facilities and would progress in six stages:

U.S. bases in Iraq and the Persian Gulf region to be struck by Iranian missiles.

Suicide attacks in a number of Muslim countries against U.S. embassies, military bases, economic and oil-related facilities tied to U.S. and British firms, and targets in countries allied with the U.S.

Attacks by Revolutionary Guards and Iraqi insurgents loyal to Iran against U.S. and British forces in Iraq.

Hundreds of rockets launched by Hezbollah against pre-selected targets in Israel.

If U.S. military attacks continue, more than 50 Shehab-3 missiles will be launched against Israel and 50 terrorist cells in the U.S., Canada and Europe will be given approval to launch attacks against civil and industrial targets in those countries.

Maximize civilian casualties with germ agents and "dirty bombs."

Full Article

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Tehran insider tells of US black ops

A former Iranian ambassador and Islamic Republic insider has provided intriguing details to Asia Times Online about US covert operations inside Iran aimed at destabilizing the country and toppling the regime - or preparing for an American attack.

"The Iranian government knows and is aware of such infiltration. It means that the Iranian government has identified them [the covert operatives] but for some reason does not want to show this," said the former diplomat on condition of anonymity.

Speaking in Tehran, the ex-Foreign Ministry official said the agents being used by the US "were originally Iranians and not Americans" possibly recruited in the United States or through US embassies in Dubai and Ankara. He also warned that such actions will engender "some reactions".

"Both sides will certainly do something," he said in a reference to Iran's capability to stir trouble up in neighboring Iraq and Afghanistan for the occupying US troops there.

Veteran US journalist Seymour Hersh wrote in a much-discussed recent article in The New Yorker magazine that the administration of President George W Bush has increased clandestine activities inside Iran and intensified planning for a possible major air attack as the crisis with Iran over its nuclear program escalates.

Hersh wrote that "teams of American combat troops have been ordered into Iran, under cover, to collect targeting data and to establish contact with anti-government ethnic-minority groups". The template seems identical to the period that preceded US air strikes against the Taliban regime in Afghanistan during which a covert Central Intelligence Agency (CIA) campaign distributed millions of dollars to tribal allies.

"The Iranian accusations are true," said Richard Sale, intelligence correspondent for United Press International, referring to charges that the US is using the Mujahideen-e Khalq (MEK) organization and other groups to carry out cross-border operations. "But it is being done on such a small scale - a series of pinpricks - it would seem to have no strategic value at all."

There has been a marked spike in unrest in Kurdistan, Khuzestan and Balochistan, three of Iran's provinces with a high concentration of ethnic Kurdish, Arab and Balochi minorities respectively. With the exception of the immediate post-revolutionary period, when the Kurds rebelled against the central government and were suppressed violently, ethnic minorities have received better treatment, more autonomy and less ethnic discrimination than under the shah.

"The president hasn't notified the Congress that American troops are operating inside Iran," said Sam Gardiner, a retired US Army colonel who specializes in war-game scenarios. "So it's a very serious question about the constitutional framework under which we are now conducting military operations in Iran."

Camp Warhorse is the major US military base in the strategic Iraqi province of Diyala that borders Iran. Last month, Asia Times Online asked the US official in charge of all overt and covert operations emanating from there whether the military and the MEK colluded on an operational level. He denied any such knowledge.

"They have a gated community up there," came the genial reply. "Not really guarded - it's more gated. They bake really good bread," he added, smiling.

But that is contrary to what Hersh was told by his sources, According to him, US combat troops are already inside Iran and, in the event of air strikes, would be in position to mark critical targets with laser beams to ensure bombing accuracy and excite sectarian tensions between the population and the central government. As of early winter, Hersh's source claims that the units were also working with minority groups in Iran, including the Azeris in the north, the Balochis in the southeast, and the Kurds in the northwest.

Last week, speaking on the sidelines of a Palestinian solidarity conference, Major-General Yehyia Rahim Safavi, the Iranian Revolutionary Guard Corps (IRGC) commander, sent a warning to the US and British intelligence services he accuses of using Iraq and Kuwait to infiltrate Iran. "I tell them that their agents can be our agents too, and they should not waste their money so casually."

On April 9, Iran claimed to have shot down an unmanned surveillance plane in the southwestern province of Khuzestan, according to a report in the semi-official Jumhuri Eslami newspaper. US media have also reported that the US military has been secretly flying surveillance drones over Iran since 2004, using radar, video, still photography and air filters to monitor Iranian military formations and track Iran's air-defense system. The US denied having lost a drone.

This new mission for the combat troops is a product of Defense Secretary Donald Rumsfeld's long-standing interest in expanding the role of the military in covert operations, which was made official policy in the Pentagon's Quadrennial Defense Review, published in February. Such activities, if conducted by CIA operatives, would need a Presidential Finding and would have to be reported to key members of Congress.

The confirmation that the US is carrying out covert activities inside Iran makes more sense out of a series of suspicious events that have occurred along Iran's borders this year. In early January, a military airplane belonging to Iran's elite Revolutionary Guards went down close to the Iraqi border. The plane was carrying 11 of the Guard's top commanders, including General Ahmad Kazemi, the commander of the IRGC's ground forces, and Brigadier-General Nabiollah Shahmoradi, who was deputy commander for intelligence.

Although a spokesman blamed bad weather and dilapidated engines for the crash, the private intelligence company Stratfor noted that there are several reasons to suspect foul play, not least of which was that any aircraft carrying so many of Iran's elite military luminaries would undergo "thorough tests for technical issues before flight". Later, Iran's defense minister accused Britain and the US of bringing the plane down through "electronic jamming".

"Given all intelligence information that we have gathered, we can say that agents of the United States, Britain and Israel are seeking to destabilize Iran through a coordinated plan," Minister of Interior Mustafa Pour-Mohammadi said. This sentiment was echoed on websites such as AmericanIntelligence.us, where one reader commented, "We couldn't have made a better hit on the IRGC's leadership if planned ... sure it was just an accident?"

Then, in late January, a previously unknown Sunni Muslim group called Jundallah (Soldier of Allah) captured nine Iranian soldiers in the remote badlands of Sistan-Balochistan province that borders Afghanistan and Pakistan. And in mid-February, another airplane crashed just inside Iraq after taking off from Azerbaijan and transiting Iranian airspace. The Iranian Mehr news agency reported that the "passengers on board were possibly of Israeli origin". It added that US troops have restricted access to the site to Iraqi Kurdish officials and that Western media were reporting the passengers aboard as having been German.

The Iranian government has not sat idly by and just taken these breaches of sovereignty. Early this month, an unidentified source in the Interior Ministry was quoted by the hardline Kayhan newspaper as saying that the leader and 11 members of the Jundallah group had been killed by Iranian troops. Then last Friday, Iranian missile batteries shelled Iranian Kurdish rebel positions inside Iraqi territory. They were targeting a militant group called PJAK that seeks more autonomy for Iran's Kurdish population and has been operating out of Iraq since 1999.

The former Iranian ambassador argues that in the event that US pressure on Iran continues, "the end of the tunnel" for President Mahmud Ahmadinejad's administration is "weaponization of the nuclear technology ... and a military strike".

Full Article

Back to Top

Iran Vows To Strike Back: Israel First Target

Iran threatened on Tuesday to attack Israel in response to any "evil" act by the United States and said it had enriched uranium to a level close to the maximum compatible with civilian use in power stations.

The defiant statements were issued shortly before world powers meet in Paris to discuss the next steps after Tehran rejected a U.N. call to halt uranium enrichment.

Senior officials from the U.N. Security Council's permanent members -- Britain, China, France, Russia and the United States -- plus Germany were to discuss how to curb an Iranian program that Western nations say conceals a drive for atomic warheads.

"We have announced that wherever America does something evil, the first place that we target will be Israel," ISNA quoted a senior Revolutionary Guards commander, Rear Admiral Mohammad-Ebrahim Dehqani, as saying on Tuesday.

Iranian President Mahmoud Ahmadinejad has called for the Jewish state to be "wiped off the map".

Iran's deputy oil minister said there was "some possibility" of a U.S. attack on his country over its nuclear program.

"I am worried. Everybody is worried," Mohammad Hadi Nejad-Hosseinian said in New Delhi after talks on a proposed $7-billion pipeline from Iran to India via Pakistan.

Concerns that Iran's dispute with the West could lead to disruption of its oil output pushed oil prices above $74 a barrel, close to the record of $75.35 touched last month.

The United States, Britain and France are expected to introduce a resolution to the Security Council this week that would legally oblige Iran to comply with U.N. demands. The three countries favor limited sanctions if Tehran remains defiant.

Iran said Russia and China, also veto-wielding permanent council members, would not back any punitive measures.

"The thing these two countries have officially told us and expressed in diplomatic negotiations is their opposition to sanctions and military attacks," Foreign Minister Manouchehr Mottaki told Iran's Kayhan newspaper.

China and Russia both have big energy interests in Iran, the world's fourth biggest oil exporter. Russia is also helping Iran build its first atomic power plant in the Gulf port of Bushehr.

Nicholas Burns, the U.S. under-secretary of state for political affairs, said in Paris that Tuesday's meeting would seek to keep the Security Council members and Germany united before a meeting of foreign ministers in New York on May 9.

Asked about Mottaki's comments, he said: "All I know is that China and Russia say that they don't want a nuclear-armed Iran. And China and Russia have voted with us against the government of Iran. So we intend to preserve this unity."

Burns said he expected a consensus to emerge over the next 30-40 days on the need to send a "stiff message" to Iran, adding that a range of sanctions had been discussed privately.

These included restricting exports to Iran of dual-use technology that could support its research and development or help it fabricate fissile material or a nuclear device.

Other options were travel curbs on Iranian officials and a ban on arms sales to Iran, such as a planned Russian missile deal. Oil and gas sanctions were not being discussed now.

"We hope that the U.N. Security Council, through a resolution, will send a firm and united message to Iran," French Foreign Ministry spokesman Jean-Baptiste Mattei said in Paris.

The U.N. nuclear watchdog, the International Atomic Energy Agency (IAEA), says it cannot confirm that Iran's goals are peaceful, but has found no proof of a military program

A U.N. resolution would be adopted under Chapter 7 of the U.N. Charter, making it binding in international law. A separate resolution would be required for sanctions or military action.

Full Article

-- May 2, 2006 9:05 PM ∞

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Sara Madgid wrote:

Wednesday's Parliamentary session notes

By THOMAS WAGNER, Associated Press Writer May 3, 2006

BAGHDAD, Iraq - In Baghdad, Iraq's parliament met Wednesday for only the third time since it was elected last year. In an opening speech, parliament speaker Mahmoud al-Mashhadani, a Sunni Arab, urged the lawmakers to be "the healers" of Iraq's deep sectarian divisions.

Prime Minister-designate Nouri al-Maliki, a Shiite, is in the process of choosing a Cabinet for the new unity government from Iraq's complex mix of political parties controlled by majority Shiites and minority Sunni Arabs and Kurds.

Al-Maliki was officially appointed as prime minister-designate on April 22 and has pledged to complete his Cabinet this month. That will be the final stage in establishing the new government. U.S. officials believe a unity government can, over time, calm sectarian tensions and lure many Sunnis away from the insurgency.

But on Tuesday, Shiite officials reported a new snag in the negotiations when Sunni politicians insisted on key posts, including deputy prime minister and a major ministry such as finance or education. Shiites, who hold 130 of the 275 seats, offered a lesser ministry but the Sunnis refused, according to Shiite politician Bassem Sharif.

Talks were to continue Wednesday, he said.

Sunni politicians are also eager for parliament to consider amendments to the new constitution. Sunnis oppose several provisions, including one allowing formation of regional governments. Many Sunnis fear that would lead to Iraq's breakup and deprive them of a fair share of the country's vast oil wealth.

Shiites and Kurds agreed to study changes in the constitution in the first four months of the new parliament. But in Wednesday's brief session, parliament decided to postpone forming a committee to discuss the constitution until after the Cabinet is appointed.

http://news.yahoo.com/s/ap/20060503/ap_on_re_mi_ea/iraq

-- May 3, 2006 9:29 AM ∞

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MinistryOfLies wrote:

15 Dead in Fallujah Police Headquarters Bombing
Wednesday, May 03, 2006

BAGHDAD, Iraq — Insurgents stepped up their campaign to stop Sunni Arabs from joining government security forces, killing 15 police recruits in a suicide attack Wednesday and fatally shooting three soldiers who recently had entered the Iraqi army, officials said.

Both attacks occurred in Anbar province, a mostly Sunni area west of Baghdad where some of Iraq's worst terrorist attacks and battles between Sunni-led insurgents and U.S. forces have taken place since the Iraq war began more than three years ago.

On Tuesday, Anbar Gov. Maamoun Sami Rashid al-Alwani narrowly escaped a homicide car bomb attack on his convoy as he headed to work in Ramadi, the capital of Anbar province. The attack killed 10 Iraqi civilians and wounded five of al-Alwani's bodyguards, the U.S. military said.

On Wednesday, a homicide bomber blew himself up while standing in a line of recruits outside Fallujah's police headquarters, killing 15 people and wounding 30, said police 1st Lt. Omar Ahmed. Thirteen of the dead were recruits and two were policemen, Ahmed said.

The bomber, dressed in civilian clothes, struck outside the entrance of the police building, police said. His hidden bomb exploded several minutes after he joined the crowd of recruits waiting to enter the building and apply for jobs, Ahmed said.

At about the same time, police found the bodies of three soldiers from Fallujah who had been shot and dumped in Khaldiyah, a city west of their hometown, said Dr. Rafie Mahmoud.

On Sunday, the three men had graduated from basic training as part of the first all-Sunni class in the Iraqi army. On Tuesday, the bodies of four other Iraqi soldiers from that class were found in Ramadi, officials said.

In Baghdad, Iraq's parliament met Wednesday for only the third time since it was elected last year. In an opening speech, parliament speaker Mahmoud al-Mashhadani, a Sunni Arab, urged the lawmakers to be "the healers" of Iraq's deep sectarian divisions.

Prime Minister-designate Nouri al-Maliki, a Shiite, is in the process of choosing a Cabinet for the new unity government from Iraq's complex mix of political parties controlled by majority Shiites and minority Sunni Arabs and Kurds.

Violence continued in other areas of Iraq.

— Police found the bodies of 16 Iraqi men in Baghdad who apparently were the latest victims of a wave of sectarian violence involving death squads that kidnap civilians, torture them in captivity, and dump their bodies.

— A roadside bomb exploded in an outdoor market in northern Baghdad, wounding 16 civilians, said police Maj. Raid Moussa.

—Gunmen attacked a police patrol in central Baqouba, 35 miles northeast of Baghdad, killing a police officer and wounding another, police said.

— A roadside bomb exploded near an elementary school for girls in Tikrit, 80 miles north of the capital, wounding one child, said policeman Hakim al-Azawi.

— A mortar round landed inside Camp Echo in southern Iraq where Polish forces are based, but no one was hurt, said Iraqi army Capt. Ali Hakim. Poland has about 900 troops in Iraq.

The U.S. military also said nearly 1,500 Iraqi soldiers and police on Wednesday completed the fourth day of a search for insurgents in Mosul, a city 225 miles northwest of Baghdad, during which they detained 36 known or suspected militants.

Al-Maliki was officially appointed as prime minister-designate on April 22 and has pledged to complete his Cabinet this month. That will be the final stage in establishing the new government. U.S. officials believe a unity government can, over time, calm sectarian tensions and lure many Sunnis away from the insurgency.

But on Tuesday, Shiite officials reported a new snag in the negotiations when Sunni politicians insisted on key posts, including deputy prime minister and a major ministry such as finance or education. Shiites, who hold 130 of the 275 seats, offered a lesser ministry but the Sunnis refused, according to Shiite politician Bassem Sharif.

Talks were to continue Wednesday, he said.

Sunni politicians are also eager for parliament to consider amendments to the new constitution. Sunnis oppose several provisions, including one allowing formation of regional governments. Many Sunnis fear that would lead to Iraq's breakup and deprive them of a fair share of the country's vast oil wealth.

Shiites and Kurds agreed to study changes in the constitution in the first four months of the new parliament. But in Wednesday's brief session, parliament decided to postpone forming a committee to discuss the constitution until after the Cabinet is appointed.

http://www.foxnews.com/story/0,2933,194065,00.html

-- May 3, 2006 9:36 AM ∞

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MinistryOfLies wrote:

Iran's Nuke Chief: Enriched Uranium at Reactor Fuel Levels
Wednesday, May 03, 2006

TEHRAN, Iran — Iran's nuclear chief Gholamreza Aghazadeh said Wednesday that Iran has enriched uranium up to 4.8 percent — the upper end of the range needed to make fuel for reactors.

The announcement tops Iran's declaration last month when it said it had surpassed the 3.6 percent level.

Uranium enriched to between 3.5 and 5 percent is used to make fuel for reactors to generate electricity. Enriched to more than 90 percent, it becomes suitable for use in nuclear weapons.

"The latest enrichment percentage carried out in Iran is 4.8 percent," state-run television quoted Aghazadeh as saying.

Aghazadeh added that Iran has no intention of enriching uranium beyond 5 percent.

Aghazadeh also announced the discovery of uranium deposits in southern Iran near the port city of Bandar Abbas.

Iran announced April 11 that it had enriched uranium for the first time.

The Security Council has demanded that Iran cease all of its enrichment-related activities until Tehran answers its questions on its nuclear program.

Last week, the International Atomic Energy Agency reported that Iran flouted the council's requests.

Iran says its nuclear program is confined to generating power, but the United States and France accuse the country of secretly trying to build nuclear weapons.

Mohammad Ghannadi, deputy chief for nuclear research and technology, told a conference in Qom, south of the capital Tehran, Tuesday that the country's political leadership had ordered him to ensure that enrichment did not go beyond 5 percent.

"We need enriched uranium to produce electricity ... we have been given orders to enrich uranium only up to 5 percent," he said.

Aghazadeh, the nuclear chief, said studies show there are considerable amounts of uranium ore at Bandar Abbas.

"The deposits have not been identified fully but studies show that there are considerable amounts of uranium (ore) at the site," he said adding that additional exploration at the site was underway," television quoted Aghazadeh as saying.

The announcement of the deposits came just after Ghannadi, the deputy, said Tuesday that Iran had discovered uranium ore at three new sites in the central Khoshoomi, Charchooleh and Narigan areas.

Aghazadeh, who is also the head of Atomic Energy Organization of Iran, said Iran was planning vast investments to extract uranium from its deposits.

"Experts at the (Iran's) Atomic Energy Organization are making plans to identify the country's uranium reserves. It is predicted that we will have vast investments in various parts of the country," he said.

http://www.foxnews.com/story/0,2933,194062,00.html

-- May 3, 2006 9:38 AM ∞

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Sara Madgid wrote:

Drtayl0r;

I agree, the posts lately may have been off topic. Here are my suggestions to help address this.

Ministryoflies

I do not see the point of your barrage of posts which do not appear to have any relevance to the Dinar topic or Iraq's government and society. Could you please not post anything irrelevant. Plame may be interesting, but this is a DINAR discussion board. Iraq and possible incursions by Iran into Iraq (which would affect our investment if it occurred) are the topics we are discussing on the thread. Thank you.

MaryLou;

Interesting posts about Iran's positions on things. Thank you for your input, it is appreciated. It is a bit long, could you cut down the articles you post just a bit and only give us the most relevant bits along with the url for clarification or to see more, please. Again, your input is appreciated. :)

For Marylou, ministryoflies, Drtayl0r, and the board..

Could you give your view on the news, what you see as its being relevant to this Dinar board discussion, please? We can all read the news itself, therefore, unless it is something self explanatory (like the last post I did which explains where Iraq is in its efforts to set up a governing body which Maliki must do by the 21st of this month) please explain why you posted it.

Thanks everyone, lets keep working on it and learning together. :)

Sara.

-- May 3, 2006 9:41 AM ∞

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Sara Madgid wrote:

One more thing..

While I know that the "if it bleeds it leads" mentality of the MSM (main stream media) fills the news with all the gory details of the latest body count in Iraq, and I care about and pray for the troops and people of Iraq daily, yet, because we are focusing on the DINAR and our investment in Iraq in this discussion thread, please do not quote long gory bodycount statistics like Ministryoflies just did. It also glorifies the tactics of those who wish to destabilize Iraq and destroy it and our investment, and we are people who believe in Iraq and its fortunes so it is counterproductive to our viewpoint to constantly wade through these statistics to glean the bits of info relevant to the discussion. The parts in the above posted article which spoke about the cabinet formation were what I posted already. That is relevant to the board, the rest of the post is off topic and an unnecessary a waste of time for us to wade through (in my case, AGAIN, because I read the entire version before I posted, shortening it to the relevant version, above). Please take time to make sure the posts you make are concise and on topic before posting or Kevin may start moderating our comments again. (Thanks for this board and all you do for us, though, Kevin! :) We DO appreciate it!)

Sara.

-- May 3, 2006 9:54 AM ∞

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MinistryOfLies wrote:

Afghan Army Jeep Explodes in Government Compound
Wednesday, May 03, 2006

KANDAHAR, Afghanistan — A governor in eastern Afghanistan escaped an apparent assassination attempt Wednesday when a car bomb exploded outside his offices, while suspected Taliban gunmen killed a judge in the west, officials said.

No casualties were caused in the explosion that occurred shortly after 9 a.m. in the eastern Nangarhar provincial capital of Jalalabad, 75 miles east of Kabul, said police chief Abdul Basir Salangi.

Salangi said a bomb had been planted in an Afghan army jeep used by the assistant head of the province's administration department.

The jeep was parked inside the governor's compound near the car of Gov. Gul Agha Sherzai at about 5 a.m. and was timed to explode about four hours later, he said.

"Fortunately the governor arrived at work earlier than the 9 a.m. time he usually arrives," Salangi said. "From the preliminary evidence, it seems to have been an assassination attempt as the jeep was parked near the governor's car."

Salangi said the jeep driver was detained for questioning but was not regarded as a suspect.

Sherzai was an influential warlord from the former Taliban stronghold of Kandahar who captured that southern city from the former hard-line regime during the U.S.-backed military campaign to oust the Taliban after the Sept. 11 attacks.

Meanwhile in the far west of the country, Farah's deputy civil court judge, Sheikh Mohammed, was shot dead after he left a Sunni Muslim mosque following evening prayers Tuesday in Farah city, about 465 miles southwest of Kabul.

"Two Taliban militants on motorcycles waited for Judge Mohammed as he left the mosque in Farah city and shot him dead before speeding away," Gov. Izadullah Wasfi told The Associated Press.

Radical remnants of the toppled Taliban regime have been targeting Afghan officials and U.S.-led coalition forces in an incessant campaign of violence aimed at derailing this war-ravaged country's American-backed government.

http://www.foxnews.com/story/0,2933,194077,00.html

-- May 3, 2006 10:05 AM ∞

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MinistryOfLies wrote:

Sorry about all the posts, I was just following your lead Sara. As anyone can see, these boards are not helpful with the wanton posting of news articles unrelated to the Dinar information. Being well-informed means getting information on both sides. Lets get rid of the politics and focus on things people come on the board to see - DINAR INFO. News articles just clutter and make it hard for people to have any meaningful conversations. Commentary is better than copy / paste / repeat. Oh, by the way Sara - my name is Ministry Of LIES, not flies. If it is hard to spell, you can just copy and paste my name from these boards (which is a skill you seemed to have mastered).

MoL

-- May 3, 2006 10:15 AM ∞

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Okie wrote:

"Lord of the Flies"

The future of the Dinar depends on how well the new Government performs....that's why you see a lot of postings related to Politics....Duh!
As my Brit friends say "don't get your knickers in a knot"....if you don't like a posting...skip it and go to the next one.

-- May 3, 2006 6:50 PM ∞

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Mary Lou wrote:

Info found elsewhere:

I checked the CBI auction today. Auction price=1478, Amount sold = 32,950,000.

Two interesting observations. First, the CBI has held the value of the Dinar relative to the dollar very stable for a long time, including the "civil war" period. Second, 32,950,000 is very low relative to the 60,000,000 and 70,000,000 we have been seeing lately.

The CBI now has two sources increasing their dollar reserves. The price of oil is going up and people in Iraq are requesting less dollars from banks that participate in the CBI auction. The CBI must be accumulating a significant amount of excess reserves. This will put pressure on the CBI to increase the value of the Dinar (revalue).

As the Iraq economy opens up to foreign investment, there will be more demand for Dinars, less demand for Dollars. If the insurgency is controlled, more oil will be produced and the price of oil will probably continue to go up. This will lead to more reserves and more pressure to increase the value of the Dinar (revalue).

I never have anticipated a time when the CBI would all of a sudden just increase the value of the Dinar (sudden large reval) with no respect to macroeconomics. It could be that the CBI auction today is just a break from the norm, but if the trend holds, then the Dinar should in fact start to revalue soon and even though it will be relatively slower than some here hoped for, I think it will be a large revalue in the long run.

-- May 3, 2006 11:04 PM ∞

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Carl wrote:

Are Our Leaders That Stupid?

Iran
..... is begging, pleading, scratching, digging, provoking, throwing dirt in the face, name calling, snickering, poking, kicking, threatening, doing anything that they hope cause either om Israel or America to attack. If we don't attack they cannot achieve the final glue that will unite all of the shiites of Iraq against the USA. They cannot get the other fundalmentalistic minded Muslims countries to join in their little percieved war, that will bring forth the 12th Imadi..they want it...they need it...and as sure as chickens lay eggs, you can look for some more in your face tactics to come....they are going to have their little war regardless...
So far, we or Israel have not taken the trap bait....but they are continuing to crank up the scent of the bait on a daily basis....
May our leaders use good common sense....and allow the surrounding Arab Nations to remove the threat.

It is my opinion, the Iranians have every intention of moving into Iraq....That was and still is the plan... If they can create a situation, where they are seen as defender of Islam by the other nations, Iraq falls to their power without too much blood shed. I believe you will see Iranian Military forces building along Iraq's border in the coming months...

With all of that said....I hope I am just whistling dixie here....and all of the above just proves that I am a blubbering idiot...

-- May 4, 2006 9:29 AM ∞

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Rob N. wrote:

All:

As I have been reading the most recent post regarding Iraq and Iran. I think there is something of value we (as DINAR investors)may want to take into consideration.

The liklihood of a military strike against Iran and using Iraq a the staging area. Do not expect U.S. troop withdrawal soon. In my view, the invasion of Iraq is the precursor to a military conflict with Iran.

Looking ahead to Iran makes the invasion of Iraq make more sense. WMD, Sadam and his connection with Bin Laden were flimsy excuses but necessary to spoon feed the the media and the American people on the idea of war.

For George W. Bush Iraq apparently has been the road to go through to get to Tehran. Geographically, Iraq is perfect for a military strike against Iran. Since U.S. forces occupy the country (IRAQ)it is possible for us to fly bombing missions in and out of Iran without much danger.

I am not sure whether a war with Iran could help quickly stablize the Dinar. I have not thought through all of those variables.

I am sure that Syria is next folks. Your thoughts.

Thanks,

Rob N.

-- May 4, 2006 10:32 AM ∞

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Sara Madgid wrote:

Notice this 'in country' blogger agrees with your assessment, Carl.. where she says: "various news sources are reporting Iranian troops by the thousand standing ready at the Iraqi border." The build up you spoke of in your post appears to be happening, by this account.

Sara.

The following is a blog entry by "Riverbend," a young Iraqi woman who writes about her daily life on "Baghdad Burning." Baghdad Burning was chosen as one of the Best Journalistic Webblogs in the 2005 Deutsche Welle International Weblog Awards.

U.S. Forces in Iraq Are Iranian Hostages
The big question is what will the U.S. do about Iran?
Tuesday, May 02, 2006

(Concerning Iran)...
Today they rule the country. Over the duration of three years, and through the use of vicious militias, assassinations and abductions, they've managed to install themselves firmly in the Green Zone. We constantly hear our new puppets rant and rave against Syria, against Saudi Arabia, against Turkey, even against the country they have to thank for their rise to power: America. But no one dares to talk about the role Iran is planning in the country.

The last few days we've been hearing about Iranian attacks on northern Iraq, parts of Kurdistan that are on the Iranian border. Several sites were bombed and various news sources are reporting Iranian troops by the thousand standing ready at the Iraqi border. Prior to this, there has been talk of Iranian revolutionary guard infiltrating areas like Diyala and even parts of Baghdad.

The big question is what will the U.S. do about Iran? There are the hints of the possibility of bombings, etc. While I hate the Iranian government, the people don't deserve the chaos and damage of air strikes and war.

I don't really worry about that though, because if you live in Iraq, you know America's hands are tied. Just as soon as Washington makes a move against Tehran, American troops inside Iraq will come under attack. It's that simple: Washington has big guns and planes... But Iran has 150,000 American hostages.

http://english.ohmynews.com/ArticleView/article_view.asp?menu=A11100&no=289406&rel_no=1&back_url=

-- May 4, 2006 11:51 AM ∞

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Sara Madgid wrote:

Ministryoflies;

I simply copied your name without the capitals.. lies, flies.. depends on how you read it, I suppose.

Your post called, "Afghan Army Jeep Explodes in Government Compound" does not in any way add to the Dinar discussion or that which affects Iraq. Please stay on topic with political or economic events which affect our investment in the Dinar. Thank you.

Sara.

-- May 4, 2006 12:05 PM ∞

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Sara Madgid wrote:

Although I disagree with the blogger whom I quoted concerning her deeply cynical outlook on the emerging Iraqi government and the deeply leftist bias in her viewpoints, I felt her blog had some good factual points which support what Carl was saying - such as the build up along the border of Iranian troops - so I posted it. I am still optimistic Iraq will do well, and here is a good development this morning on the Iraqi political front.

Sara.

Outlines of possible Iraqi govt emerging
Wednesday, May 03, 2006

BAGHDAD –– Iraqi politicians involved in negotiations on the formation of a new government said on Wednesday that an agreement on the top five ministries is close.

Maliki has said he may need only two weeks and several negotiators said they were looking to a possible deal next week. After an initial demand to retain under Sunni control the post of defence minister, the main Sunni bloc, the Accordance Front, said it would now rather have the finance portfolio.

Political blocs say they are using a complex points system based primarily on results from December's election to determine how many ministries are allocated to each grouping. Khudheyir al-Khuzai, a member of the Alliance, which holds just under half the seats in parliament, said Kurds were insisting on keeping the foreign ministry, while Shi'ites hoped to keep the key, controversial interior portfolio. The secular list of former Prime Minister Iyad Allawi might now get defence.

"The United Iraqi Alliance hopes it will take the Interior Ministry," Khuzai said on the sidelines of Wednesday's session of parliament. "Defence may go to (Allawi's) Iraqi List." Khuzai said there were many meetings every day in an effort to form the government: "The deadline to form the government is May 22, but Nuri al-Maliki has set himself a target of May 9. "We are willing to work 20 hours a day to achieve this." –– Reuters

http://www.timesofoman.com/newsdetails.asp?newsid=29267&pn=international

-- May 4, 2006 12:14 PM ∞

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ontheground wrote:

I am here in Iraq. I see so much development it is amazing but you certainly won't hear it on the news until it is too late to invest in the country. Example: 22 months ago I entered Iraq and found Baghdad International Airport to be a shell of a building with wires hanging out the ceiling, no lights, no electricity, and sand piled up against the walls. Today it is beginning to look like a miniature Dubai! I have seen the Iraqi Police Stations being built in the Southern Region. They are like small forts. They are nothing the insurgency can easily even get close to much less blow up...believe me. The freeway for approximatly 200 miles South of Baghdad is under construction being widened to 4 lanes for the entire 200 miles! I have been involved in Civil Construction all my life and I have never seen a road construction project 200 miles long but there it is stretching through the Iraqi Desert. I have seen house after house being built throughout the southern region as I have travelled in convoys and seen the economy in terms of farming and salt production mushroom before my eyes in these past 22 months. I have appreciated this site and found the group that posts here to be very intelligent people. That is helpful to me as I track the monetary/economic developments in Iraq. I have invested in Dinar and would like to ask some rather elementary questions of the group: 1. How long before I can exchange my Dinar for Dollars in a U. S. bank? 2. How do you plan to exchange your Dinar...might you go outside the U. S. to exchange it in order to avoid taxes? 3. Do you think they will change the currency again and if they do I understand that one can exchange it for the New New Iraqi Dinar in Kuwait...do you agree? I guess I should try and answer these questions if I expect you to. I think the Dinar will be on the world market in about 2 more years and I think it will open at somewhere around 10 cents on the Dinar. My wife and I plan to exchange half of our invesetment at that time by taking the money offshore on a Carribean Cruise and opening an offshore account. I do not think they will change the currency again. If they do I have seen the monetary exchangers in the Kuwait Airport so I would think it would be simple to fly to Kuwait and exchange the currency.

-- May 4, 2006 3:25 PM ∞

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Turtle wrote:

Sara: I actually understand every word the lady you quoted wrote. I see A LOT going the way of success right now but we do have losses and some areas are not under our controle. If she lives in one of those areas or has lost loved ones in the battle, I can understand her dark perspective. I also agree with her that the thought of bombings, nuclear being among our few alternatives, is a very sad thought. I am not the bleeding heart type but once you've heard the explosions you can't help but sometimes feel for the innocents caught in that. Anyway, that is war. I support this one but if you ever thought I loved it... Naaa. Oh yeah, if we do go to war with Iran and Syria... Call me an arrogant American, but they will see what our military can do when the only goal is destruction and the rules of engagement are kill anything that is not running away and kill that if it has any form of visible weapon - rocks count.

Rob N: Syria and Iran have a pact that if one is attacked, the other will jump in. If we attack Iran, we will be fighting a 2 front war and Syria will not be next, it will be simultaneous. Both of these countries have Biological/Chemical weapons so it will likely get ugly. Increasing the probability of nuclear strikes on key targets in both. Anyway, your prediction of Syria being in the plans is almost a certainty.

-- May 4, 2006 10:51 PM ∞

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Sara Madgid wrote:

Turtle;

I agree.. the blog depicts the dark perspective of the writer, with very little silver lining to the cloud she sees. It is depressing stuff, and cynical. She sees no hope that the government can ever win or do anything, and from her perspective all the efforts politically are a joke. I find that sad.

I am not a warmonger, nor do I consider you one. We both feel for the innocent caught in the crossfire, perhaps the horrors of war this lady has seen firsthand. I would prefer a peaceful outcome and pray that if there is a way it can be found. However, as you said, the US army is not to be trifled with.. There is a reason they are "The Powers That Be"..

If the US military were to engage itself in the Middle East to address the Iranian threat, the outcome is already foreknown. It would not be in the cards if they tried it. However, as Carl posted, the wisest thing is not to engage the US military might at all, but only to let the Middle Eastern politicians take care of it themselves. Whether there is enough time for us to let it develop in this way so that we are assured of the desired result in our eventual aims.. And whether we have the restraint necessary to stand back for long periods of time and let them work it through in order to resolve that situation themselves.. has yet to be tested in this time period we are about to go through..

Sara.

-- May 5, 2006 2:07 AM ∞

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Terri wrote:

Hello everyone!

Although I've been a faithful reader for several months, I've only posted once before. HOWEVER, today I read what "ontheground" wrote...he/she hit home for me! I'm very anxious to read the groups replies to his questions, all of them, 1, 2 and 3...

AND, would someone inject some comments on his opinion "...THE DINAR WILL BE ON THE WORLD MARKET IN ABOUT 2 MORE YEARS AND...WILL OPEN AT SOMEWHERE AROUND 10 CENTS."

Ontheground is 100% on target with his comment that most of you are extremely intelligent -- for the most part, most of what I read merely goes "over my head" -- but, I too have invested in Dinar's and it's my only hope of ever becoming "debt free".

Please someone give me some directions on his/her comment about an offshore account...how do "offshore" accounts work as far as taxes and regulations are concerned... Yeah, I'm just a regular single mom, not super intelligent, etc -- but I'm sure praying that God sees fit to bless me and all of you with substantial profits from these investments...

Sara I admire your faith based comments and references.

Just a closing comment: "thank you all, sincerely, for your comments, input and for your participation -- I truly look forward to reading each day!"

-- May 5, 2006 2:17 PM ∞

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Turtle wrote:

I agree with ontheground's assessment except that I think they will put the dinar out in the next year at around 25 cents to the $. It's all specualtion mind you, but the US is going to start pressing hard to get the dinar on the world market once the government is fully formed. There is a lot of work that needs to be done here and we need to ease the financial burden on the US. Plus, these military units we are training cost money. All in all, the US government has a lot to gain by using all of its significant influence to get the dinar on the market soon at a good rate. Just my opinion though, I have no solid information backing my thoughts, just theory based on circumstances and past history in this region.

Terri: Don't feel stuck to one investment. You seem to be more intelligent than you realize but limited in your scope of thinking. This thread is about one possible investment that a lot of people, me included, see as a good investment. However, with limited resources you are good to look into a slow building process. Diversify your portfolio. Look for investments that offer solid small gains in short term to offset something like this that offers high risk/high reward over long term. Always keep a safe nest because I've been in your shoes, minus children, and credit card debt killed me. I only used them for necessities but there were more necessities than income. Finances also helped kill my marriage and thus I am in Iraq now. LOL Anyway, open your mind to other possibilies like Iceland or other countries that have strong financials and are looking to join the EU. There are better minds than mine to help guide you on this but I do recommend looking for opporunites outside the dinar. Iknow this would be a tangent to this thread but if anyone would like to share some of their ideas that could help someone like Terri build from little, I would enjoy reading it as a suppliment to the dinar. Assuming we can do this without trashing the purpose of this thread.

-- May 6, 2006 4:06 AM ∞

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ontheground wrote:

Turtle:
Boy do i hope you are right on all accounts. The more and the quicker the better for me!
ALCON:
I do not see this as speculation in terms of the seeming allusion to it being something of a gamble. Risky yes but I see things here in Iraq that I think most people don't see because they are not here and that kind of gives me a type "inside" information on this investment.

Terri:
I too am new to this invesement game but I have made some gains that have been smart. In that one (gold) I used a similar kind of "in"sight. Only this was simply seeing that the economy in the U. S. could not keep going up and hitorically when it goes down gold goes up so, with the Dinar this is my thinking: Oil is a finite resource. There is no magic technology on the horizon that will create a Western lifestyle other than oil based economies. Everybody (except fundementalst Islamics)seem to want our material way of life if not our "decadence" so it seemed to me that we (The West) would soon exploit this resource in Iraq and it is cheaper to give the people of Iraq a good life in return than to create defacto slavery in this third world nation. Also traveling to Dubai and Kuwait opened my eyes to what is, in my opinion, "spreading" to Iraq. Dubai reminds one of a big Las Vegas!

-- May 6, 2006 5:34 AM ∞

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Turtle wrote:

With the son now in charge, Kuwait may soon follow the path of Dubai. Can you imagine being able to grab a mix drink before going north? If the son follows through on his past statements, there will be money to be made in Kuwait also.

-- May 6, 2006 12:20 PM ∞

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Ziarian wrote:

==== A Intresting Calculation, May be a Research Paper ====

The second type is the currency board. A currency board is not a central bank. It does not lend money to banks. The sole responsibility of a currency board is to maintain the exchange rate between the local currency and the pegged currency.

" It must maintain a reserve of 100% of the value of the local currency in the pegged currency. So say a country has 1 trillion dinars circulating and wants to maintain a 1:1 exchange rate with the US dollar, the currency board must hold $1 trillion in US currency. "

Now according to the above qouted Statement, we will calculate Iraqi dinar's Possible Rate,

Total Amount of Iraqi dinar which have been printed or Circulating = 4360 Billion Iraqi dinar
Iraq Total Reserves : 8.4 Billion Dollar

now according to the statement if Iraq pegs its Currency to the US Dollar at the Rate of 1 IQD = 1 USD then central bank of iraq will need to have 4360 billion US Dollar in reserve . Let me do calculation in Mathmetical Form ,

IF 1 IQD = 1 USD then Reserve must be 4360 Billion Dollar.
IF 1 IQD = .50 USD then .......... 2285 billion dollar.
IF 1 IQD = .25 USD then ......... 1142.5 billion dollar .
IF 1 IQD = .125 USD then ......... 571.25 billion dollar .
IF 1 IQD = .0625 USD then ........ 285.625 billion dollar .
IF 1 IQD = .03125 USD then ....... 142.812 Billion Dollar.
IF 1 IQD = .015625 USD then ...... 71.4062 Billion Dollar.
IF 1 IQD = .0078125 USD then ..... 35.7031 Billion Dollar.
IF 1 IQD = .00390625 USD then .... 17.8515 Billion Dollar.

" IF 1 IQD = .001953125 USD then ... 8.92578 Billion Dollar."

Now u can see the relation between Currency Rate and its Reserves, i calculated total reserve needed to peg the Currency at Suitable exchange rate . in the last qouted statement, u can see we reach at the current level of reserves and on the other hand we got the suitable Exchange rate .001953 USD it is the Current hiddin value of iraqi dinar .

Fixed Value of iraqi dinar = 1 USD = 1460 IQD
Total Reserves when above Price Fixed = 5 Billion USD

Hidden Value of iraqi dinar = 1 USD = 512.03 IQD
Current level of Reserves = 8.5 Billion USD

it means Central Bank of iraq can minimum Possible peg their Currency at 1 USD = 512.03 IQD.

but still i m confused that what is the possible solution because i read another statement that Total of 300 Billion IQD are circulating Outside IRAQ. it means CBI need to hold total reserve according to the amount circulating outside the iraq , not against total iraqi dinars which are in circulation outside and inside the IRAQ . so we will calculate price in Terms of Dinar Circulating outside the iraq ,



Total Amount of Iraqi dinar which is circulating outside the Iraq = 300 Billion iraqi dinar
Total Reserves = 8.4 Billion USD

IF 1 IQD = I USD then reserves must be 300 Billion USD.
IF 1 IQD = .50 USD ........... 150 Billion USD.
IF 1 IQD = .25 USD ........... 75 Billion USD.
IF 1 IQD = .125 USD .......... 37.5 Billion USD.
IF 1 IQD = .0625 USD ......... 18.75 Billion USD.
IF 1 IQD = .03125 USD ........ 9.375 Billion USD.

" IF 1 IQD = .02734 USD ........ 8.2031 Billion USD. "

it means the possible and maximum PEG will be around .02734 and it is also the current value of iraqi dinar . i did this calculation because when dinar's rate will go UP, dinar which are circulating outside iraq will then come back to iraq to convert thus CBI must have required Reserves of Dollars to keep stable Iraqi dinar .

i hope U All will easily Understand these calculations and statements . i m looking for Comments hope u all will give Comments. thanks

Bye
Ziarian

-- May 6, 2006 7:39 PM ∞

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Anonymous wrote:

Sell Sell Sell
You'll be lucky to get 3/4 your money back. Market for the IQD not looking good.
Pretty soon there's going to be a pretty big mirror that glows in the dark. My suggestion is to invest in electric cars.

-- May 6, 2006 8:26 PM ∞

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Turtle wrote:

I like that Ziarian. based on your calculations, the worst I would do is tripple my money. It won't buy my first mansion but it still makes for a good investment. Plus, based on your theory, the value would slowly rise with the increase in stock of foreign currency. Based on their main export being oil, it seems the value would rise very quickly. If war breaks out and we do turn Iran/Syria into a large glowing mirror, that would actually help the Iraq economy. I actually feel okay with those last 2 posts.

-- May 6, 2006 11:43 PM ∞

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Carl wrote:

Turtle:
If war breaks out what do you think Iran and Syria will be doing?

What kind of clue does Iran give you of their intentions, since they have been and are presently expanding their small attack boat bases all along their shores of the strait of Hormuzich? This increase in vessels by the hundreds have the capability of firing missles and torpedios at 10,000 yards. (The US and Coalition forces have 45 vessels)
We know that 17 Million barrels of oil flow through the hormuz every day on ships that are unarmed and have no armed escorts. What do you think will be the success rate of Iran in either blocking the channel, slowing the oil transport down, or stopping it entirely?

Considering the USA, does not get any oil from Iran, but does supply the following with these percentages of oil....china with 4%...France 7%....Korea 9%...Japan 11%...Italy 11%...Belgium 14%...Turkey 22%...and Greece with 24%...What do you think will happen to the price of oil? How do you think those other countries mentioned above will react?...What do you think will happen to the Economies of those countries, even the world ecomony?
Here in America we are now paying 2.65 to 3.10 a gallon just on the fear that we "might" get into a shooting conflict with Iran. What do you think will "happen" to our economy when we do?

Weapons and attacks against another country are delivered in many different forms. What most americans do not realize is, Iran fired the first shot several months back with saber rattling. What do you think that purpose was? Put gas in your auto lately? Buy Groceries lately? Purchase Automotive Parts lately? How many people do you believe have already cancelled or reduced their vacation stay due to the price of gas? How many people are already reducing the amount of times they eat out which effects the retail restaurant business, the trucking industry, the driver or owner of that truck,the food distributor, the manufacturer of the warehouse and shipping equipment used to load the merchandise, the food supplier, the processor, the farmer, the field hands, etc... as they say it rolls down hill, and the rolling ball of SH...has been sent your way with the warmest Iranian regards....

Collapse a Country's economy and you will weaken its ability to fight.
Winning Wars is more than pitting testorone against testorone in the field. The best way to win a war is not to fight it, but when you fight a war, you fight it on your terms... not the foes. The USA and Israel attacking Iran would be fighting just like the Iranians planned. What sense does that make?
Creating glowing parts of the world only produces parts of the world you cannot rebuilt for centuries...what kind of success to mankind is that?

Hopefully for mankind, our leaders are moving steathly and every so efficently to remove the threat of WWW 3, that now faces the world in very real terms.

Iran has already given us several clues at to what their intentions are:

Create a War which will bring massive destruction and death throughout the world. This will speed up the arrival of their 12 Imadi.

Block the strait and drive up the barrel price of oil...thus slow or collapse economies. They will not conduct a TIT for TAT war....they have every intention of boiling the world's economic market. You will see massive riots in surrounding Arab Countries to get the support of those Citizens under the Islamic Banner...some of those countries which now support us, will change hats for their own protection.
Strikes will occur in the US,and Countries that support the Coalition. Economies will start to collapse in certain countrys, which will produce riots and in some cases mass areas of total civil breakdown of order.

Attack Iraq as the U.S.A. and Coalition Forces have bases there in which to strike Iran..
*Iranian troops are already gathering along the northern border of Iraq and have been making probing missions into the Iraqi border defense...They have now started shelling the kurds in the north.
FACT:
We do not have the ability to stop them...not enough men, not enough equipment nor logistical support. We face a very real threat of loosing 120K plus military personnel and equipment either as prisoners or casualties, not including the contractors working in Iraq.
Do not mistake my resolve or faith in our military might....but I also understand logistics, manpower ability, equipment resupply such as ammunition etc... Remember! what Japan did to our men in the Phillipines?

May 5th, a Arab paper stated that Iran now has "A Strategic Position" in Iraq. The Iranians have been working since 2003 to influence the political out come of the new Iraqi government, and apparently feel they have had some success in doing so. Iran says that are going to dominate the region, and apparently feel they are well on their way to doing so. HERE IT IS FOLKS....THE IRANIAN MINISTRY OF INTELLIGENCE AND SECURITY HAD SUCCESS IN INFILTRATING IRAQ IN 2003.
The new Iraqi adminstration wants to disarm and dissolve the Iraqi Militias into the police and military. The Paper is saying the Iranians stated, "the new Iraqi Government will not be successful in that move". We know that Sdar has already stated he would not go along with that move.
Yesterday, a large crowd of Basra citizens chanted at the British helocopter crash site, they are soldiers of the Sdar Milita...note they did not say Citizens of Iraq. The British Soldiers had to fight their way to the site and fight while they were securing the site. This is just a little example of what is going to happen when the fight starts with Iran.

89% of the Citizens of Iran are Shiite....the majority of the Citizens of Iraq are Shiite...
If Iran can pull off the pretense that they are fighting the Great Satan and Israel, given the religious nature of the Iraqi people...considering Iran controls the militias throught Sdar, the Police and Military are controled by Sdar's ex-commander, Chalabi controls the oil production, the new Iraqi Minister spent more time than Jarfarri in Iran....what do you think is going to happen with the Citizen Population of Iraq toward the Coalition Forces?
Even the Shiites who want to support the Coalition forces will not do so for their own safety of themselves and family.
The fact is this....we created a leadership vaccuum when Sadam was removed. This was something that Iran could not do with a 8 year war. Does it make sense they are going to allow this opportunity to feel that vacuum to slip through their fingers?
The Trap was set by in 2003, we are just now realizing who the pigeon was.
This Trap has placed our military forces in the middle of a hornets nest,and they surrounded by thousands of worker, and soldier hornets on all sides. Who do think is going to get stung when the nest is kicked?

This War will not be one battle, it will be many spread over many years....

Now! You tell us again what positive affect this is going to have on the Dinar????

-- May 7, 2006 9:45 AM ∞

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Turtle wrote:

Carl: Simple answer, as you just pointed out, we have been fighting Iran informally for the last year. Why not make it formal so we can take the gloves off and go ahead and destroy the attacker? Why do we pretend the war with Iran did not begin a long time ago? We do have the fire power to destroy them at will if we were allowed to use it. You quoted the Iraqis swarming the British... Do you think they would be doing that if the rules of engagement gave us permission to kill? I hate to tell you this but Iran does not seem to be willing to settle for anything LESS than WW3. Fighting on their terms? Would you rather we keep talking until they have nuclear capability? No... The sooner we stabalize the region, the better for us all and if that means turning Iran into a sheet of glass... Well, I sympathize for the innocents but frankly it would not break my heart. Oh and if Syria was added to the list... Well, the 2 world's biggest sponsors of terrorism taken down in one blow would just be horrible. Yes, there would be major effects on world economies. I'll give you that. But, I'd rather pay now then wait for them to kill hundreds of thousands of Isrealis, Europeans, or Americans. I understand your thoughts, but understand mine... You smack me a couple times and stick your finger in my face while promising to shoot me and my family as soon as you reach a gun... Brother, you're not going to live to get to that gun. So you tell me, how do YOU wish to deal with a man who is threatening your family and makes no bones about his desire to destroy everything you stand for? When this man has preached nothing but war since he took office, what makes you think he will ever settle for peace? Show me some hair of evidence that the man would ever accept anything but the destruction of Isreal and freedom as we know it. But Turtle, he has only preached to destroy these things in the Middle East. Do you really think he plans to stop there? No, destroy Iran and Syria and we can rebuild Iraq without their interference. The Iraqi Shiites will know that they no longer have Iran as a possible supporter and they will fall more in line with doing what is right for Iraq and not what is right for Iraq's relationship with Iran. Without the support of those 2 nations, the insurgency would fail quite quickly. Al Sadr would not be nearly as bold without Iran behind him. Without insurgent sabotage, we could ge thte oil flowing out of Iraq at full speed again. Whatever can be salvaged in Iran, will be. World economies would hurt in the meantime, no question. The dinar would sky rocket as a result of all this. Frankly, that benefit to my bank account would mean very little to me by that time but the dinar would benefit heavily from Iran falling. Now, am I calling for us to quit trying for diplomatic resolution? No, I'm not. I would likely get killed due to my current proximity from Iran and lack of chem gear. Soldiers get full chem gear,most contractors don't. But I do not agree with waiting for the man to attack me at a time that he chooses because he can maximize the damage. Anyway, as long as there is a chance for peace, I'll join you in hoping for peace. Once it becomes clear that peace is not an option, I'm going to start choosing the battlefield. What chance do you see of Iran accepting peace while Israel, a free Iraq, or the US exist?

-- May 7, 2006 1:02 PM ∞

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Carl wrote:

Turtle:
You miss my point totally....I agree with 99% of what you said...my method of removing the problem is clandestine not overt in your face action by the USA or its coalition forces. Iran wants the war, and by IMadi they are going to get action....they has already been determine.. We just need to make sure we give it to them under our terms, at our time, at our designated place, and by our method.. not theirs......end of story....issue resolved....no nuclear battle....no mass lost of life....no faltering of the world's economic structure...no shock and awe...no big show...job completed....then we move on to rebuilding Iraq without all the pain in the ass'es hanging around nipping at our heels....
I admire your confidence and get it done attitude...there is a time and place for all things....knowledge comes to all with learning abilities...but wisdom seldom comes without experience and years to hone personal attributes....

The Arab Leaque of Nations have more to lose than anyone...yet if you notice they have kept quiet.....now the question is why are they keeping quiet? Is it because under the Arab custom, silence is a sign of agreement....or...is it because they do not wish to stir the fundalmentalist in they own country, thus putting their reign at risk...or... are they assisting behind the scenes with intellengence, and giving us the ability to complete our mission?

Don't take me for a dove nor a hawk....I am strictly a pramagtic thinker...I have learn in my years it is best to avoid a fight for in fighting both sides lose...but... if you must fight ...to fight as your adversary planned ...is a fool's move....

-- May 7, 2006 1:51 PM ∞

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Turtle wrote:

Then we are in more agreement than you realize. Behind the scenes, the Arab league appears to neither help us nor hinder us. They too have called Iran to a private carpet requesting an honest report of Iran's nuclear intent. They have reasons to worry also. The problem we really have is that Iran has 25-30 years experience of defeating our attempts to overthrow them through covert means. Our spy network is weaker than ever - unfortunately common knowledge. I'm sorry to say that I don't see anything but open conflict working. When you measure our strengths and weaknesses against theirs... It does not bode well for a peaceful resolution. Sorry to be the psseimist for once but I think it is a realistic view of our capabilities based on what I have seen here. We captured a ruler through military force but we have failed to bring down insurgent leaders using covert means. Anyway, I can still hope they will find a way but that path would require finding a way to topple the entire establishment. That would require civil war in that country. We can hope.

-- May 7, 2006 11:43 PM ∞

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sherii wrote:

Hello every one on this forum. i found this very interesting news, its little old, but its worth to mention that its just before the December's Election and this should happen very soon.

http://www.edinarfinancial.net/news/?quer=&nm=11&ny=2005&nn=221

The bank pointed out that it has assigned a committee of financial and banking experts for preparing this law, which totally differs from the old ones, which intended to imposing limitations on such companies and linking them to entities that benefit certain figures and close entities to the former regime. It clarified that the central bank is continuing in offering licenses for exchange companies and offices, which have currently reached more than 930 offices and companies all over Iraq, in addition to the old offices that were granted licenses during the period before the fall of the bygone regime.

He pointed out that among the most significant changes in the new regulations are the reduction of the percentage of security paid by the exchange companies and offices to the bank, which were estimated on basis of the total capital. In the past, it was paid as 40-60% of the capital as security and has currently reached 20% of the capital.

For the purpose of developing the reality of these companies, the bank stressed the necessity of offering anything that might encourage their works, including allowing these companies and offices to enter the official auction for selling currencies, which is held on a daily basis at the bank headquarters after they used to enter or get the hard currencies through governmental and private banks, after deducting 1-2% of the bid as benefits.

It confirmed that on the short and long run the bank is seeking to create a developed banking system that does not depend on the state in any form, including securing hard currencies, as such a role can never be given to the central bank. The private bank could have done that under the supervision of the central bank, but the current conditions in the country and the need of the Iraqi economy to increase the value of the iraqi dinar have forced the bank to achieve balance in the market and increase the value of the iraq dinar until the security and economic conditions stabilize and Iraq gradually turns to the free market system.

On the other hand, the finance ministry has announced reductions on the taxes on industrial projects to 30% of the total of the achieved benefits for each industrial project in Iraq, for the purpose of improving the reality of local industries, especially as they are currently suffering from severe problems that led to their suspension and their inability to compete with the imported goods that invaded the markets at low prices. Taxes are calculated on basis of the net profits of the projects after studying the fees that would be imposed on the industrial machines and equipments, so that the private sector can compete with the foreign industries with regard to quality and price. (Source) Al Sharq Al Awsat

-- May 8, 2006 3:15 AM ∞

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Sara Madgid wrote:

Carl and Turtle;

I think the Middle East plan would work out. The US authorities and military do indeed have the pulse of the region, and I think they have a winning strategy there. :)

Where I think they are blind is on the home front. If they attack Iran, can we expect coordinated nuclear attacks on US cities? How can we be certain the suitcase nukes that some sources say are currently in the US will not be used by hotheaded and upset Iranian or terrorist agents?

I have no problem believing you that the military option, if used without reserve, would win in the situation concerning Iraq, Iran and Syria. I am concerned it would touch off a firestorm that would ignite fires here at home costing the lives of millions. That alone is the real area of threat we do not know.

If the threat is exaggerated, then I pray the authorities know that. If it is not, then I pray they will do the right thing and not endanger our lives by igniting the Middle East.

You all know I believe the Bible. There is a reference in its pages about what sounds like a nuclear holocaust taking down one third of the earth. I would not wish to miscalculate and find that THIS time period and OUR part of the world was what it was referring to. We all know God has a hand in the Middle East.. I just hope it won't cost this third of the earth a lot more than we are bargaining for to keep the Middle East in good shape.

Sara.

-- May 8, 2006 4:53 AM ∞

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Carl wrote:

Turtle:
You are correct in your assessment!! There lies the problem!!!! Lets hope we have gotten better at that intel trade...but I would not trade my dinar on it.

Direct military action may be the final and ultimate solution, but it is by far the least attractive, with the most probability of uniting the fundamentalistic Islamic masses.

We will have put out that little campfire, but in return created fires that may burn down the whole forest. The real threat is not Iran itself,but the igniting of the entire middle east region.If that happens what have we gained? We will have then, ourselves created what we feared most, destruction and death by the thousands...and just delivered what the Iranians needed and intended all along...Death, and mass destruction to reign, so their 12th Imadi can return quicker...as they look at it...what is mortal life lost,...when you have gained eternal life with the Imadi....and of course the 72 virgins so you can hump the rest of your spiritual life...I wonder what happens when you run out of virgins? After all, I am sure they have instructions that come with them...USE ONLY ONCE, DISCARD CONTAMINATED VIRGIN IMMEDIATELY AFTER USE.

I feel if the job of neutralization can be done covertly, it is lets say..."Less Complicated".
Dead is dead, regardless of whether it is by a bullet,missle,rocket,knife,dart,inert gas,pricked with a needle,skin absorbtion,doctored food intake,etc. The method of delivery doesn't matter all we need is a certain outcome.

Sort of like the Mossad when they could not get to a certain leader of the PLO. They exploited his weakness....Chocolate..
A box of good Belgium Chocolate ended up in the presence of the leader...He could not stand it..and had to experience that wonderful taste of the best in the world. A few months later he became ill with something the doctors could not diagnose, a few weeks later he was under intensive care, a few days later the PLO was short one leader....
Job Complete...Problem solved...no uproar from the missle strike...or any overt action to instill violent emotions in the masses...
No Lost of life except the designated ones..
And the Israeli Mossad all said in unison...NEXT

Sara! Nuclear don't know...but I am sure the citizens of the USofA and other countries will experience a drastic increase in whatever attack method they can come up with.

I'm not much of a student on the Bible, so I'll leave the biblical interpretations to the ones who read the Bible more than I do....as I tend to still my foot in my mouth.
Carl

-- May 8, 2006 7:58 AM ∞

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Bill1 wrote:

A recent letter from one of my daughters:

Thank you for the box Dad!!! I hate walking to chow because it is so hot. Yeah I got promoted, it’s cool I guess. So how are you? I’m okay, I’m just getting tired of this place. I miss being home. And all the rumors going around out here are driving me crazy!!!! I can’t wait to get my four years done and over with and move on with my life. Now that I know that I really could be a Marine I want to go out and do something else challenging this is becoming extremely tedious. I can’t wait to set foot back on American soil. I have not had a day off in three months and I wont get one until I get back to the states. I’m drained. And I know that XXXXX is too. Have you heard about all of the things that she is doing out here? She provides security for the engineer Marines when they are fixing roads or building things. She has to go into houses and secure them and so far she has been shot at and returned fire. I am so scared for her every day…. I don’t know what I would do if I lost her. I don’t know if you heard but a female from her unit was shot in the head and killed. It was a sniper. He targeted the female. Magen knew her really well, they were pretty close. Now they make the females hide their buns and tuck their hair into their kevlars. Can you believe it Dad? They are targeting females!!!! I just hope that she is okay. She is in Al Asad right now but I think she is coming back to TQ in a month. I can’t wait to see her!!! I just want us both to come home soon….. Alright Dad I love you and I’ll talk to you later…..

I just received it this morning. Not much else to say other than we are loosing some of our best and brighest in Iraq.

It wasn't that long ago my daughters were playing with dolls ...(they're 19), somehow just that quick Barbies turned into M-16s.

A father lives to protect his children -- especially his daughters, and not being able to physically be there and taking my K-Bar and cutting out the heart of the SOB shooting at my daughter is a quite an unpleasant and helpless sensation.

Just as they say that a person who uses profanity ever other word out of their mouth does so because they have limited vocabulary at their command to express themselves, so too is it with War.

Many times we fight wars simply due to an inability to compromise and work together for the common good ...stemming from arrogance founded in delusions of superiority, a general lack of respect for others, and complete and utter disregard for life itself.

Funny how such small minds create such big problems.

God bless you all,

Bill1

-- May 8, 2006 10:04 AM ∞

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Rob N. wrote:

All:

The discussion between Carl and Turtle has been most spirited. Please allow me to interject a different perspective. Whether the U.S. and Iran go to war, it is still in the best interest of the United States for the IQD to have its own inherent value beyond dollarization.

Its introduction into the currency markets will go a long way to establish the IQD as an independent currency. All currency whether at war or peace fluctuate. The IQD will also fluctuate if Iran and the U.S. go to war, but with the IQD's independence from dollarization its value should survive a conflict between the U.S. and Iran.

In fact, the U.S. using Iraq as a stagging ground for the coming conflict with Iran is a tactical win for our troops and a financial win and for the Iraqi Dinar.

Thanks,

Rob N.

-- May 8, 2006 11:18 AM ∞

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TC DASH wrote:

Hey Bill 1 , Read what you wrote on your latest posting and it must be very hard what your going through. My kids are only 3 and 8 and I cheerish them with my life . I would like to thank your Daughters and the other soldiers for staying strong and protecting our rights. Although the dinar isnt worth hardly much right now ,I hope my investment will mature so that my children will reap the rewards of this investment .

TC DASH

-- May 8, 2006 1:20 PM ∞

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TC DASH wrote:

Hey Bill 1 , Read what you wrote on your latest posting and it must be very hard what your going through. My kids are only 3 and 8 and I cheerish them with my life . I would like to thank your Daughters and the other soldiers for staying strong and protecting our rights. Although the dinar isnt worth hardly much right now ,I hope my investment will mature so that my children will reap the rewards of this investment .

TC DASH

-- May 8, 2006 1:21 PM ∞

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Turtle wrote:

Don't anyone get the wrong idea. I have total respect for Carl and his thoughts. If I seemed to demonstrate anything other, I do appologize. However, I have seen his reaction when he felt disrespected and I don't think I crossed any of those lines. LOL

Bill1: I was a hair away from being at those bases and I have friends at both. If your girls need ANYTHING, let me know. My best friend did that for 6 months and that was no joke. If there is an upside, that is one place where a Marine is allowed to be a Marine. For anyone who has fought in policing actions you understand what that means. I never did until I saw both sides of it here. And yeah, I heard they were targeting our girls and that still leaves a strong desire to make torture legal. Anyway, my offer stands, anything they need or any advice you may need. Ask... They are not allowed to wear Body Armor shirts outside the gates but they will love you for it on 140 degree days inside the gates. Sheds water like nobody's business. If they don't already have it, get them some Aloe gel. Bath gel and shower poofs. Makes shower faster and those things can be tough to get here. Anyway, I'll shut up now. If I can help, please ask.

-- May 8, 2006 2:08 PM ∞

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drtayl0r wrote:

Hello All! Glad to see converstions are based on the Dinar again. After reading some of the comments about Iran it seems that we are on te brink of WW3 with the use of nuclear weapons. Hell.. even the commodore 64 computer used in "War Games" (1984) could understand that no one wins in a nuclear attack.
The situation will calm down in the middle east eventually after we pull our troops. How would we (US) feel if China was invading Cuba? Its just a little close to home. Media news is always negative lately. Its the best way to get the biggest ratings. People get bored with stories of success. People want a horror story. It keeps them interested. I'm glad to read about success stories here on this site regarding Iraq. It makes me want to hang on to those Dinars for a while longer. I'm not an expert.. but it seems better than just a "gamble".

-- May 8, 2006 4:11 PM ∞

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Bill1 wrote:

Thank you my friends for your reassuring comments.

It's not easy by any stretch of the immagination.

I understand the importance of the work she is doing.

Basically, as I understand it, they have to go out and fill these holes in, in the roads, so that the insurgents don't have a ready made hole in which to place an IED for them to drive across at a later date.

She has bad dyslexia and the experts said that she'd never amount to anything because of it. They had her mother in tears telling us that the best we could hope for is that she'd grow up pretty and get married to someone who'd take care of her the rest of her life.

Well, this little lady, she has a heart ten times normal size. Without a discouraging word she went out and worked twice as hard to prove them wrong. She graduated high school six months early, passed her ASVAB tests, and graduated Marine Boot Camp earning the Molly Marine Award for being the most motivated female recruit.

Unselfishly, she has said many times that she wants to be a teacher, to be able to help give back to other struggling students that what her teachers did for her.

She volunteers in her spare time to help the underprivilaged every chance she gets, and does it all with enjoyment in her heart and a genuine smile of enthusiasm on her face. She's an Angel come to earth ...my Angel ...and she's worth more to me, and to our country, alive and well than otherwise.

Please keep her, and her sister, in your prayers.

Bless you all,

Bill1

-- May 8, 2006 4:23 PM ∞

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Rob N. wrote:

Dinar Stabilizing
Dinar Stabilizing
On February 8th, 2006, A report was given on the efforts in Iraq and the stability of the Iraqi Dinar, this testimony was given by James R. Kunder who is the USAID Assistant Administrator for Asia and the Near East. This report and Iraqi Dinar Stabilization information was presented to the Committee on Foreign Relations. The following was communicated.

Mr. Chairman, members of the Committee, it is an honor to appear before you today. I welcome the opportunity to testify on behalf of the U.S. Agency for International Development (USAID). Before I proceed, I want to take a moment to thank Congress for providing the Special Inspector General for Iraq (SIGIR). Today, I would like to describe to the committee USAID’s contributions to the President’s Victory in Iraq Strategy as well as USAID’s perspective on the most recent report from SIGIR.

The Administration has a clearly defined plan of action in Iraq, and USAID’s programs, including our goals and benchmarks, support the President’s National Strategy for Victory in Iraq in all three tracks – security, political and economic. The goal of the Administration’s strategy is to create a new Iraq with a constitutional, representative government that respects civil and human rights; is able to maintain domestic order; keep Iraq from becoming a safe haven for terrorists; capable of proving essential and other services to Iraqi citizens; and able to harness its economic potential to create jobs and other opportunities for its people. The fundamental operating principle of this strategy is that transition to Iraqi self-sustainment and responsibility cannot be made without integrated progress on all three tracks.

Dinar Success
This section talks about what USAID is doing now and plans for the future that may impact the New Iraqi Dinar.

I would like to talk about what USAID doing now as well as what we are planning for the future. The civilian USG effort is crucial to our success in Iraq. It supports the Multi-National Force-Iraq (MNF-I) and the Government of Iraq’s (GOI) security actions against the insurgency. We have all heard how Iraqi and Coalition forces have wrested control of many cities and areas from the terrorists. In most cases, Iraqi troops, with the help of the Coalition, are maintaining security. Their success in these post-conflict areas will allow our forces to come home. But these Iraqi units cannot be expected to maintain peace and stability without the help of Iraqi civilian institutions, and without assurances that Iraqis can depend upon essential services provided by their government and can look forward to economic opportunities. Specifically, the U.S. and international civilian effort helps to enable and consolidate gains made in the security situation in several ways:

It strengthens Iraq’s capacity at the local and national level to govern and provide essential services to Iraqi citizens.
It supports economic and social stabilization programs to minimize local support for the insurgency and foster support for the GOI.
It assists the public sector’s sustainable economic development by creating the enabling environment that will allow the private sector to flourish and by providing the private sector with the resources for the economic growth that creates jobs.
Since March 2003, USAID has been allocated approximately $5.2 billion in Iraq emergency relief and reconstruction funds. Of this amount, we have disbursed approximately $3.7 billion and we expect to disburse most of the remaining funds by this summer. Now, let me briefly summarize some of our accomplishments with these funds.
Accomplishments

USAID works with U.S. and multinational units to help cities recover from the effects of battle and to gain a sense of balance after the insurgency has departed. Projects are funded with combinations of military and USAID money. Projects are aimed at a combination of small, rapid programs that are followed by more complex projects that return public services to operation, promote representative local government, and reactivate the economy. Military patrols do much of the project monitoring.

USAID-managed programs enable the democratic transformation in Iraq. USAID worked with the United Nations and the European Community for a successful constitutional referendum in October 2005 and two national elections in January and December 2005. Our programs have provided expert assistance, drawing from the international community and Iraqi civil society to assist the Iraqi Constitutional Drafting Committee. USAID continues to support decentralization, empowering provin cia l and city authorities to provide essential services so that Iraq will be less likely to return to authoritarian national government. In the field, assistance teams work with the Provin cia l Reconstruction and Development Councils to help them shoulder the burden of decentralized power.

Stabilize Iraqi Dinar
Assistance to the Iraqi Central Bank helped stabilize the dinar, prevented hyperinflation, and enabled Iraqis to qualify for International Monetary Fund (IMF) resources and debt reduction. At the Ministry of Finance, a finan cia l management information system is beginning to track the Iraqi government’s budget and expenses. USAID supports agriculture, which employs 25 percent of the Iraqi workforce, and seeks to better target the so cia l safety net, the Public Distribution System, to reach those who cannot purchase enough food. Infrastructure repairs are plugging gaps in power and water delivery. At present, USAID projects have added 1,200 MW of new or rehabilitated generation capacity to the national grid. Further generation increases are planned by contractors under the Department of the Army. USAID partners provide operation and maintenance programs that will safeguard the investment of U.S. assistance.

A demographic bulge threatens Iraq’s future. In 2004, half of all Iraqis were under the age of 20 years. The population will double by 2030. Despite vast oil reservoirs, Iraq currently has some of the lowest literacy rates and poorest health statistics in the region. USAID’s education and health projects smoothed the way for the United Nations (UN) to work with schoolchildren and administer vaccinations against polio. The World Bank expanded a USAID pilot program for textbooks – our 8 million books leveraged their program of 70 million books. Poor girls bear the greatest burden of discrimination, reinforcing the need for equal education and adequate health programs for young mothers.
Our Commitment to Accountability

USAID has been, and continues to be, committed to ensuring that the resources that Congress has provided are managed effectively and transparently. Indeed, ensuring that these funds are used and managed in such a manner only strengthens their impact on Iraq and improves our chances for success in Iraq. Accountability for Iraq funds is fortified by the right mix of experience and teamwork between our field mission in Baghdad and USAID in Washington. Experienced controllers, contracting officers, and Inspector General staff have been in Iraq since 2003 working with technical staff to help ensure program accountability.

Dinar and Accountability
Accountability starts with a fair and open procurement process. USAID complies with all applicable federal regulations and works closely with our Office of the Inspector General (OIG) to identify and address any weaknesses USAID may have had in its procurement processes. USAID’s accounting and procurement systems ensure that the responsibility for procurement authorizations, justifications, and payments are segregated and recorded. A summary audit report on the contract award process found that USAID has generally complied with these regulations.

The President’s Management Agenda shows USAID with “green light” progress on improvements in financial management. The Iraq Budget and Finance Team received the Administrator’s 2005 Management Improvement Award for innovative financial information tracking.

USAID’s on-the-ground presence is critical to project oversight. Well-trained, on-site contracting staff and project managers use informed judgment to oversee USAID projects. USAID’s project managers are trained through a certification program in acquisition management practices. These personnel, located in Baghdad and regional offices, provide the technical oversight of these programs. USAID on average makes 10 to 15 project site visits per week. Our colleagues in the U.S. military have been forthcoming in providing not only security support for our staff but assistance in monitoring USAID projects in those areas deemed to be insecure. USAID has also taken proactive measures, such as fraud awareness training, for Government employees, contractors, and grantees to reduce the likelihood of undetected fraud, waste or abuse of funds. OIG audit staff in Baghdad conduct performance audits of USAID programs on a regular basis and often concurrently to enable USAID to identify problem areas early on. As of December 31, 2005, there have been 27 OIG performance audits and reviews and 73 financial audits completed.

Finally, USAID’s most valuable resources in ensuring program effectiveness and accountability are Iraqis themselves, who have greater freedom of movement than expatriates. USAID has 114 Iraqi national staff in its Mission in Baghdad and through its implementing partners, an extensive network of Iraqi organizations that are critical to the design and implementation of USAID’s projects. As of the beginning of this year, nearly 39,000 Iraqis were employed implementing USAID projects. These staff have the community ties that facilitate Iraqi ownership and contribute to proper oversight of USG resources.

To date, there have been three audits completed by SIGIR directed toward USAID. One had a recommendation for USAID and that involved the “Cost to Complete” (CTC) estimates. SIGIR’s January 27, 2006 report entitled “Methodologies for Reporting Cost-To-Complete Estimates,” recommended that USAID develop written guidance for a methodology for calculating CTC reports. The report also recommended that USAID develop a review process to eliminate errors in its reporting spreadsheets; create and maintain a permanent central file to document Estimates-at-Completion by project; and develop policies to define significant contract scope changes.

In response to these recommendations, USAID is developing written policies and procedures for estimating CTC that include controls for validating and revalidating estimates. Moreover, USAID is working with the Iraq Reconstruction Management Office (IRMO) to develop a mutually agreeable methodology for calculating CTC estimates and creating a permanent central file to document the calculation of Estimates-at-Completion by project. USAID is also developing policies to define significant scope changes. USAID will meet these recommendations using its current resources and personnel. The mission will comply with SIGIR recommendations so that there will be no replication of similar findings.

In conclusion, I want to assure you that USAID is taking every measure it can to ensure that U.S. Government resources and are used effectively and transparently. The successes that have been achieved to date in Iraq are the tangible results of these efforts. I believe with Congress’ continued support, USAID will be able to make further strides in helping to achieve Victory in Iraq

Mr. Chairman, thank you for offering me this opportunity to discuss USAID’s role in Iraq with your Committee. I am prepared to answer any questions that the committee has. Thank you.

Effect on the Iraqi Dinar
What effect will this have on the Iraqi Dinar? It’s unclear, but it is a very good sign! This post is from Iraqi Dinar.

Thanks,

Rob N.

-- May 8, 2006 6:00 PM ∞

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Carl wrote:

Turtle:
I truely enjoyed our little debate...you brought forth several areas that I know just about everyone agreed with, including me. While our views are different on the delivery method to rectify the Iranian Leadership problem, our desire for the same conclusion is most certainly the same.
I have the utmost respect for your opinions for various reasons. You express yourself well, not afraid to stand behind and say what you think, and do it in a way that is a debate not a disagreement. It is obvious you have a ear to the ground and have a whole lot better feel of the situation, than either I or anyone else who is sitting over here out of harms way.

Bill!
I know you are very proud and scared for your girls safety at the same time. My heart felt regards to you, your family, and may your daughters return to you safely to grant you grandchildren that you can spoil rotten.
It is apparent with two children serving in the Marine Corp, that you have done well in raising your children. They are a credit to America and all for what it stands for.

-- May 8, 2006 8:59 PM ∞

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Turtle wrote:

Carl: not to give the wrong impression, I'm a civi also. I just happen to be on what is one of the top 3 most dangerous bases with friends in the right places. I definitely do not claim to know more than anyone else over here who may have learned something conflicting to what I have.

-- May 8, 2006 11:41 PM ∞

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Sara Madgid wrote:

Dr Tayl0r wrote:

"Media news is always negative lately. Its the best way to get the biggest ratings. People get bored with stories of success. People want a horror story. It keeps them interested. I'm glad to read about success stories here on this site regarding Iraq. It makes me want to hang on to those Dinars for a while longer. I'm not an expert.. but it seems better than just a "gamble"."

I am glad you appreciate the success stories here on this site regarding Iraq and how it encourages you concerning Iraq and the fortunes of the Dinar. I wish the news media was likewise interested in success stories.. as a matter of fact.. concerning the news media.. I think they should be held morally responsible for glorifying the crimes against humanity they broadcast daily. We as a people have learned from past experience that you can cause copycat crimes by airing a crime, particularly its details, therefore, it is consistent to realize that the media's constant GLORIFICATION of this evil is nothing more than aiding and abetting these evil persons and their aims... and encouraging more of it.

It is as if the media is following a series of serial killers and bringing all the gory details to light and making the perpetrators feel good about their serial crimes by giving them a lot of media attention. When we hear about good folks like Bill1 and his daughters fighting in the field, we think differently than those in the news media who glorified Basra people rejoicing over the 4 British people killed in a recent helicopter downing. Do I think the media should have given them the newsprint and air time they did? No. But I think we also have a part to play as people in the public who consume this media news. I think we in the public make a market for it by oogling the news over Iraqi casualties... and if we shut off the media and did not demand these images by consuming them, we would not be getting so many of them. The public is just like men who oogle women's breasts, gawking at them and lusting over them, only the crime is oogling murder and its details. I believe this is how God Himself will judge the matter. Excuse it how you wish, it is still not going to fly when brought to light against the truth of morality.

You say people want a true life horror story, but this is not a movie, it is real life, and those are real people being killed out there because of the public thirst and lust for more gore and horror, and the media's willingness to give it to them (thus glorifying and abetting the enemy's aims). The public thirst for this horror creates a market the media is only too happy to fill by bringing them more and more of it for their consumption, glorifying it and helping to create more of it til the public are drunk with the gluttony of their desire for bloodletting and horror. After all, we are consumers and as the news outlets keep on telling us, they only put out what we want to hear. So, let's put the blame on who is really responsible then, shall we? Shame on all of you who rush madly to hear the news about the latest suicide bombings and war statistics and want to know the latest about who got shot.. and to those who glorify these evils by constantly putting it out in the news media, thus glorifying this evil and horror. You are both equally immoral. You will never be able to hide behind the fact of your being "objective news coverers" or "just wanting to keep current with the news" when you have to answer for the encouragement to create more murder and mayhem your actions have caused.

Tell me this, if the news STOPPED, I do mean STOPPED, right now.. ALL coverage of war stories which talked about what the enemy was doing, how much more would the enemy be inclined to do? Do they not just do it to FEED the appetite for it over here.. and in what name do we allow it.. FREEDOM of the PRESS.. right? Think about it.. when freedom becomes vice, and a means to exploit and promote evil (murder, horror, evil, war, bloodthirst, etc) it is no longer freedom.. it is sin. I believe that is how God will judge it, and those who excuse their sin in the name of freedom will not have an easy time explaining why they sinned and contributed toward the deaths of American and coalition personnel, both for those taking the pictures they project into our homes, and those who are consuming it.

Sara.

-- May 9, 2006 1:57 AM ∞

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Sara Madgid wrote:

3rd International Rebuild Iraq Exhibition opens today - Jordan
Jordan Times - 08/05/2006

AMMAN — Deputising for Prime Minister Marouf Bakhit, the minister of industry and trade will today open the 3rd International Rebuild Iraq Exhibition at the Abdali Urban Regeneration site.

At a press conference held last week, organisers announced that 1,025 companies from 48 countries would be participating in the exhibition, which spans over an area of 60,000 square metres

The exhibition, which extends through May 11, is so far the largest to have ever taken place in Jordan, with 5,000 Iraqi and 15,000 global visitors expected to attend, they said.

The opening ceremony will be attended by an array of Iraqi ministers and officials.

Running alongside the exhibition will be the 3rd International Conference "Doing Business in Iraq" which will take place at the Amman Inter.Continental Hotel on May 9 and 10 and will be attended by top Iraqi officials along with international and Jordanian experts.

Two major new projects to set up new cement factories and new IT systems in Iraq will be announced at the conference,organised by the American Chamber of Commerce to update delegates on the business environment in Iraq.

http://www.menafn.com/qn_news_story_s.asp?storyid=1093111945

-- May 9, 2006 2:11 AM ∞

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Sara Madgid wrote:

Iraq's PM eyes deal on unity government
By Mariam Karouny
Mon May 8, 1:17 PM ET

Maliki, a Shi'ite Islamist nominated as prime minister two weeks ago after months of stalemate following December's election, is expected to unveil a cabinet soon, possibly by Thursday.

Senior officials said Maliki, who has pledged to form a government of Shi'ites, Sunni Arabs and Kurds to stem violence, will announce at a news conference scheduled for Tuesday the distribution of ministries among parliament's four main groups.

"Tomorrow Maliki will announce which list gets which ministry. If all goes well, God willing, on Thursday we might have a government," a senior official in Maliki's ruling Shi'ite Alliance bloc told Reuters.

http://news.yahoo.com/s/nm/20060508/wl_nm/iraq_dc

-- May 9, 2006 2:14 AM ∞

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Sara Madgid wrote:

Iraq’s Kurdish MPs Vote to Unify Provincial Government
Associated Press

SULAIMANIYAH, 8 May 2006 — Kurdistan’s Parliament yesterday formally unified the Kurdish region’s two long-standing administrations, a step expected to consolidate and strengthen the Kurds’ push for power.

Unification of the two regional government, one headed by the Kurdistan Democratic Party and the other by the Patriotic Union of Kurdistan, was unanimously approved by the 105-member Parliament in Irbil. The step created a joint 32-member Cabinet.

Kurds have enjoyed self-rule in three provinces of the north but under the separate administrations. The Parliament move yesterday marks the final step in a plan for unification, which gathered steam following the collapse of Saddam Hussein’s rule in 2003.

Kurdistan’s president, Massoud Barzani, in the session of Parliament attended by the US Ambassador to Iraq, said the unification of the two governments will help the Iraqi central government in its bid to realize political stability and security.

http://www.arabnews.com/?page=4§ion=0&article=81878&d=8&m=5&y=2006

-- May 9, 2006 2:17 AM ∞

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Rob N. wrote:

Iraq signs wheat contracts May 6, 2006 - Iraq bought 500 000 tonnes of Canadian wheat at $188 per tonne and another 150 000 tonnes of US wheat at $190 per tonne, head of Iraq's grain board said on Sunday.
Khalil Asi told Reuters that Iraq is buying another 350 000 tonnes of Australian wheat but prices are to be decided later on Sunday.
"We would have bought from the Americans if they had lowered the prices," Asi said.
The purchase end weeks of speculation over from whom Iraq, one of the world's largest grain import markets, would make its current purchase.
Asi declined to give the name of the winning firms. Iraq had previously awarded a buying tender for 1 million tonnes of wheat to two American firms in October.
Iraq had bought much of its wheat from Australia but in recent months ruled out buying from Australia's monopoly supplier, AWB Ltd, after a scandal involving kickbacks to the former regime of Saddam Hussein under the oil for food program.
Australia's deputy prime minister and Minister of Trade Mark Vaile flew into war-torn Baghdad and met with Iraqi leaders on February 26 in a bid to save the market for Australian wheat.
Though it seemed he gained little at the time other than a promise to buy wheat from Australia, Vaile announced later in the week that the Iraqi's would buy 350 000 tonnes of Australian wheat.
Three large Australian grower-owned grain companies intended to work in collaboration to bid for the tender, Vaile said.
In a separate joint statement, barley exporter ABB Grain Ltd, Western Australian grains handler and trader Cooperative Bulk Handling and Eastern grains handler and trader GrainCorp Ltd confirmed market expectations by saying they would work together for the sale.

Article from: iraqieconomy.org
Thanks,

Rob N.

-- May 9, 2006 11:20 AM ∞

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Rob N. wrote:

Ashur International Bank to Open Representative Office in Amman May 6, 2006 - The Ashur International Bank (AIB) is to open a non-working representative office in Amman to coordinate with banks in Jordan, official said.
President of board of directors of the AIB Wadee' Handal told Jordan News Agency, Petra that the Baghdad-based bank is planning to open office in Qatar.
Handal, who is also the head of board of directors of Al Thuraya Iraqi Group, said the group presented a project to establish a $1 million mobile telecommunication network in Iraq.
Article from: www.iraqieconomy.org

Thanks,

Rob N.

-- May 9, 2006 11:22 AM ∞

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Rob N. wrote:

New power plant for Sulaimaniya May 6, 2006 - A small-sized power plant has been executed in the Kurdish city of Sulaimaniya with 16-megawatt capacity.
The plant provides electricity for at least 5,000 households in a city of nearly 800,000 inhabitants.
Sulaimaniya is the capital of a province of the same name. It is administered by the Patriotic Union of Kurdistan, a Kurdish faction led by Jalal Talabani, currently the President of Iraq.
The $3.4 million project is one of several electrical plants the Kurds are erecting in their areas to ease power shortages.
Electricity is one of Iraq’s major problems and outages in big cities may last up to 20 hours a day.
Households now mainly rely on diesel-run generators which are only sufficient to power low-voltage bulbs and appliances.
Despite larges-scale investments estimated at hundreds of millions of dollars since the 2003 U.S. invasion, power generation capacity is still less than under the sanctions-hit former regime.

Thanks,

Rob N.

article from: www.iraqieconomy.org

-- May 9, 2006 11:23 AM ∞

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Rob N. wrote:

Oil sector losses $1 billion to corruption – oil official May 2, 2006 - Iraq loses at least $1 billion of its oil revenues to corruption every year, according to a former oil minister.
Ibrahim Bahr al-Uloom said if not contained the corruption currently hitting the oil sector will have “catastrophic consequences on country’s reconstruction.”
Uloom told the newspaper democracy will not be established in Iraq in the absence of a serious attempt to eradicate graft.
He said 10% of the money the government spends on oil imports goes to corruption.
Iraq currently imports fuel products worth more than $500 million a month.
Attacks on oil installations are said to have almost halved refinery output forcing the country to rely on imports from neighboring countries.
Thousands of fuel tankers enter Iraq from Turkey, Iran, Kuwait and Jordan for distribution to the provinces.
Asked whether corruption had spread to SOMO, Iraq’s crude oil export arm, Uloom said: “I expect corruption to have found its way to SOMO which also supervises fuel imports but is still on a limited scale.”
He said corruption was rife in the Ministry of Oil whose contracts and financial dealings lacked transparency.
Uloom said the current climate of violence and the upsurge in attacks on oil installations were a contributing factor.
He said foreign firms were not willing to work in Iraq and the ministry’s attempts to have a foreign contractor install oil export meters have not yet borne fruit.

Thanks,

Rob N.

www.iraqieconomy.org

-- May 9, 2006 11:28 AM ∞

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Rob N. wrote:

Saboteurs attack major water pipe in Baghdad April 30, 2006 - Most of the low-income Sadr City, where more than two million people live, has gone without water for several days.
Saboteurs have attacked a main pipe that the feeds the city with pure water for the second time in a week.
Baghdad Municipality said it had dispatched a team of technicians to the site to repair damage.
It took the team five days to repair damage from the first attack.
Once repaired, the saboteurs attacked again.
The municipality said it could take three more days to redo the damage inflicted by the second attack.
Municipality engineers and technicians work under tough conditions and scores have lost their lives to violence so far.
Nonetheless, they have managed to keep the flow of pure water to the nearly six million people of Baghdad despite the upsurge in violence.
While water supplies are only occasionally disrupted, the capital suffers from chronic power shortages.
Outages may last up to 20 hours a day.
Most people now rely on the erratic power supply of mobile generators.

Thanks,

Rob N.

www.iraqieconomy.org

-- May 9, 2006 11:29 AM ∞

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Sara Madgid wrote:

Thanks so very much Rob N. It is very nice to have positive articles which explain the work getting done in Iraq and the hope of moving forward that does exist there. :) Good work, nice articles!

Sara.

===
Optimism Rules At Baghdad Stock Market
Old-Fashioned Market Buzz Reigns, Despite Continued Violence
Baghdad, May 8, 2006

(CBS) For all the violence in Iraq, many Iraqis believe there are better times ahead.

As CBS News correspondent Allen Pizzey reports, it's the kind of optimism you find among those doing business on the Baghdad Stock Market, where there may not be 24/7 trading, hedge funds or dot-com IPOs, but there is plenty of old-fashioned market buzz.

There are fewer than 100 companies listed on Baghdad's stock market, and it's open only four hours a week. But the mood is surprisingly bullish.

Right now, the stock market moves just under $2 million a day, in local companies only. Investing in Iraq's future requires a long-term view — and an eye for a hot pick.

http://www.cbsnews.com/stories/2006/05/08/eveningnews/main1600298.shtml

-- May 9, 2006 12:09 PM ∞

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Rob N. wrote:

Iraq plans $4bn oil investment

Dubai

Iraq plans an investment of approximately $3.75 billion in its oil sector, according to a strategy paper prepared by the Iraqi government.

The investment for the country's reconstruction has been estimated at $36 billion through 2007, said the Minister of Planning and Development Cooperation, and chairman of the Iraqi Strategic Review Board (ISRB).

"Available internal resources can only finance roughly half of the stated amount in the budget for the period 2005-07. However, the needs are greater than what Iraq can provide for itself," Dr Mehdi Hafedh, Minister of Planning and Development Cooperation, and chairman of the Iraqi Strategic Review Board (ISRB) said, according to a report in the Gulf News.

He said that the government is currently not collecting any revenues for the crude oil being supplied to the refineries, which alone is estimated at approximately $5.2 billion annually.

Furthermore, the strategy paper said imports of gasoline made necessary by the shortage of refining capacity are projected to cost the country $2.4 billion (Dh8.8 billion) during 2005, said the report.

Therefore, the total budget cost arising from the lack of proper refining capacity is close to $8 billion annually - more than 40 per cent of the country's total revenue. "For this reason, the rehabilitation and creation of new refining capacity should take first priority during 2005, in order to reduce the budgetary cost," the minister added.

Noting that during 2007 the banking and financial sector and the oil refining sector are expected to generate more than $1 billion (Dh3.67 billion), forming at least 3.6 per cent of government revenues in 2007, the strategy paper pointed out that the introduction of new taxes and the revival of the economy with the key participation of the private sector should expand the revenue base further.

The IMF has estimated Iraq's external debt at $125 billion (Dh458.75 billion) of which about one-third ($42 billion, or Dh154 billion) is owed to Paris Club creditors, with Japan, Russia, France, Germany and the United States being the largest creditors.

Only 12 per cent of the debt, mostly short term, is owed to commercial creditors. The IMF has found that Iraq's external debt burden is highly unsustainable and that its reduction by anything less than 95 per cent is bound to leave a financing gap, the report said.

An amount of $29.8 billion (Dh109.36 billion) has been budgeted for the period 2005-07, to be financed roughly equally from the resources of Iraq and from grants and preferential long-term loans from donor countries."

It is estimated that the revenues of the budget during the next three years (2005-07) will be $73.8 billion (Dh270.85 billion), with an yearly average of $24.6 billion (Dh90.28 billion), constituting nearly 97.9 per cent of the expected GDP.

Source: Trade Arabia

Thanks,

Rob N.

-- May 9, 2006 1:59 PM ∞

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Sara Madgid wrote:

Iraq's new cabinet almost ready 2006/05/09

Baghdad, May 9 - Iraq's Prime Minister-designate Nuri al-Maliki said Tuesday that the line-up for the country's government was almost ready.

"We will finalize the cabinet today or tomorrow and will present the new government to the parliament this week," he told reporters.

"This is a government of all Iraqis and not of one sect," Maliki said.

"Iraqis have suffered enough under the Saddam Hussein regime and they now need a strong unity government."

"The candidates for the interior and defense ministries are independents and not from any major political party, nor do they have any links with any militias," Maliki said.

He did not name the candidates saying "we will announce the entire cabinet together."

http://www.iribnews.ir/Full_en.asp?news_id=212900&n=31

-- May 9, 2006 2:16 PM ∞

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Sara Madgid wrote:

Brisk Maliki sets pace as Iraq govt takes shape
Tue 9 May 2006 12:26 PM ET
By Alastair Macdonald

BAGHDAD, May 9 (Reuters) - Nuri al-Maliki has not yet named his government but his progress report on Tuesday gave Iraqis a glimpse of the brisk style and inclusive discourse that have already won their new prime minister respect in many quarters.

Though a tough-talking defender of Shi'ite interests in backroom negotiations since he returned from exile in Syria after the U.S. invasion of 2003, Maliki also made clear his intent to reach out to minority Sunni rebels as he strives to form a unity government that can stem sectarian violence.

While critics accused Jaafari, sometimes paradoxically, of being both autocratic and indecisive, Maliki has won praise from both political rivals and diplomatic observers for an ability to both consult widely and act quickly after the talking is over.

Sunni leaders describe Maliki as a straight talker they can do business with... Rivals admire his energy and dedication, noting the 20-hour days he has often been putting in lately behind the scenes.

Once the government is formed, Maliki's priorities will be improving security and trying to revive the economy.

With Iraqis hungry for better days -- and many of them armed and ready to fight their countrymen for them -- he will need all his energy, efficiency and diplomacy to show rapid progress.

http://today.reuters.com/News/CrisesArticle.aspx?storyId=MAC946024

-- May 9, 2006 6:03 PM ∞

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Sara Madgid wrote:

US claim of Qaeda Iraq weakness may reflect reality
May 9, 2006 — By Fredrik Dahl

BAGHDAD (Reuters) - A purported al Qaeda document published by the U.S. military may or may not be authentic but its message that the Sunni Islamist guerrillas face problems in Iraq could reflect reality, security experts said on Tuesday.

The U.S. military published late on Monday what it said was a captured al Qaeda document that showed the militant group recognised it was weak and unpopular in Baghdad.

The document, an apparent review of the group's strategy in the capital where it has claimed some of postwar Iraq's bloodiest attacks, was seized with videos on April 16 near Yusufiya, just southeast of Baghdad, a U.S. statement said.

A U.S. military statement accompanying its transcript of the "Baghdad Strategy" document said:

"Al Qaeda in Iraq attacks mosques and other public places to draw media attention and is having difficulty recruiting members because the people of Iraq do not support its cause."

Alani said al Qaeda had lost public support in Iraq and was now also losing the backing of the domestic Iraqi resistance to U.S. occupation, which he said felt it had an interest in the political process, unlike Zarqawi.

"I believe we are now witnessing some kind of gradual divergence between the two movements," he said, adding al Qaeda faced difficulties both with recruiting and logistics in Iraq.

The document published by the U.S. military showed the unknown author putting the strength of active fighters, referred to as "mujahideen" or holy warriors, at about 110 in Baghdad.

Since U.S. and Iraqi officials generally assess the ranks of the Sunni insurgency in the thousands, the figures may refer to hardcore Islamist militants, rather than all Sunni gunmen.

http://abcnews.go.com/US/wireStory?id=1941497

-- May 9, 2006 6:27 PM ∞

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Sara Madgid wrote:

Iraq Expects to Form Government Soon

Key Obstacle in the Formation of Iraq's New Government Appears to Be Resolved

Iraq's prime minister-designate said Tuesday the main stumbling blocks to forming a new Cabinet have been overcome and he expects to present his team to parliament for approval by the end of the week.

Nouri al-Maliki said representatives of the country's political parties had agreed on what factions would hold the "main posts" but were still discussing the distribution of "a few" of them. Those included the ministries of oil, trade and transportation, he said.

Parliament must approve each minister by a majority vote.

http://abcnews.go.com/International/wireStory?id=1940933&CMP=OTC-RSSFeeds0312

-- May 9, 2006 9:40 PM ∞

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Bill1 wrote:

Thank you Carl ...that is exactly my plan too.

A recent article on the resolve of International Businesses wishing to remain in and continue to assist in the rebuilding of Iraq:

Western firms keen to stay in Iraq

By Suleiman al-Khalidi

AMMAN: Worsening sectarian violence has greatly hampered business activity in the last six months but Iraq’s enormous long-term potential means western firms are keen to retain a foothold there, international executives say.

Businessmen from some 1,000 foreign companies attending the “Iraq Rebuild 2006” exhibition in the Jordanian capital said the insurgency was damaging efforts to spend billions of dollars on planned projects across the country.

“Security is top priority.... with any country and safety comes first and unfortunately Iraq does not have that....you cannot walk the street because kidnapping has become a business,” Siraj Khan, Iraq country manager for UK Trade and Investment, a government agency sponsoring 30 British firms at the fair.

Citing a 40 per cent growth in the value of UK business deals in Iraq last year, Khan said prospects would improve once a national government was formed that brought political stability.

“It’s slow progress, no one expects things to happen overnight. Nobody knows what’s going to happen, nobody likes doing business in a country where there is instability,” he said.

But forging long-term ties with Iraqi partners that can weather current conditions was what most western firms were seeking, he added.

“We are trying to promote more with the Iraqis now...the Americans are there but eventually the contracts will run out and we want to deal with Iraqi businesses,” Khan added.

The violence between Sunni and Shia communities that many fear is driving Iraq to the brink of civil war has radically transformed business dealings in the last six months, businessmen say.

It has greatly hindered the flow of goods and people between Sunni and Shia neighbourhoods both within Baghdad and outside and has wreaked havoc with trade, businessmen said.

“Goods movement has become much more difficult from an area that is, for example, predominately Sunni area to another Shia one...trucks have to unload cargo onto other trucks to safely cross,” said Mahdi Kanbar Agha, an Iraqi businessman who runs Antemina International, an import/export business, with offices in Baghdad and in the Middle East.

Many Arab and Western businessmen who used to make frequent visits to Iraq since the US-led invasion in 2003 have now stopped going. They now confer in Amman or other safe locations with their local partners.

“I am afraid of going there...and my Iraqi partners are not getting out of their homes. They are conducting their business from their homes by telephone,” said Ramzi Batmani, export manager of Jordan Engineering and Tools Company which, through its Iraqi subsidiary, has construction contracts with US prime contractors in Iraq.

Many firms say worsening sectarian violence has brought to US-fostered activity to a halt and has even made some businessmen nostalgic about the fortunes they made during the period of UN sanctions after the 1991 Gulf War.

But despite all the problems, many western companies are not willing to give up on a country with enormous natural resources and which offers lucrative deals in the longer term.—Reuters

-- May 10, 2006 9:05 AM ∞

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Sara Madgid wrote:

U.S. Envoy Forecasts Better Iraq Security
Posted GMT 5-10-2006 15:24:40
By Dale Gavlak

AMMAN, Jordan (AP) -- Iraq's prime minister-designate intends to implement a four-part plan to try to calm violence in his country, including a major push to secure Baghdad and nine other cities and demobilize militias, the U.S. ambassador said Tuesday.

Ambassador Zalmay Khalilzad told a gathering of business leaders in the Jordanian capital that he expected the formation of a national unity government among Shiite, Sunni Arab and Kurdish leaders in Iraq to "set the stage" to improve security conditions.

The other points of the plan were to promote reconciliation; create confidence in security institutions and rein in unauthorized military formations, he said.

Al-Maliki has vowed to implement laws to decommission militias and integrate their members into the military and police.

He called recent meetings by Iraqi President Jalal Talabani, a Kurd, with representatives from several insurgent groups "encouraging" and expressed confidence that an agreement can be reached for them "to lay down their arms and reintegrate themselves in Iraqi society and Iraq's new democratic process."

But Khalilzad maintained that terrorist groups such as al-Qaida in Iraq "will never accept a democratic Iraq and must be defeated militarily."

Khalilzad spoke at the "Rebuild Iraq 2006" conference, which drew 20,000 business people and participants from 50 countries.

Al-Maliki, meanwhile, said the main stumbling blocks to forming a new Cabinet have been overcome and he expects to present his team to parliament for approval by the end of the week.

http://www.aina.org/news/20060510102440.htm

-- May 10, 2006 3:54 PM ∞

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Sara Madgid wrote:

Engineer discusses progress in rebuilding Iraq's grid
Associated Press Posted on Wed, May. 10, 2006

FORT LEONARD WOOD, Mo. - Rebuilding Iraq's fractured and often unstable electrical grid is wrought with problems, ranging from geographical hurdles to local engineers who destroyed equipment so they would keep getting paid to fix it, an army engineer said.

Brig. Gen. Todd Semonite, who served as a deputy commander of Task Force Restore Iraqi Electricity, helped organize and execute about $1.1 billion in critical repairs on the country's electrical system, starting basically from scratch.

http://www.mercurynews.com/mld/mercurynews/news/world/14545966.htm

-- May 10, 2006 5:10 PM ∞

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Sara Madgid wrote:

Proposed rule changes would tangle the Web
By Michael Socolow
Originally published May 9, 2006

Congress wants to change the Internet.

This is news to most people because the major news media have not actively pursued the story. Yet both the House and Senate commerce committees are promoting new rules governing the manner by which most Americans receive the Web. Congressional passage of new rules is widely anticipated, as is President Bush's signature. Once this happens, the Internet will change before your eyes.

Currently, your Internet provider does not voluntarily censor the Web as it enters your home. This levels the playing field between the tiniest blog and the most popular Web site.

Yet the big telecom companies want to alter this dynamic. You should care because any corporate restriction on information gathering directly counters the original purpose of the World Wide Web.

"Universality is essential to the Web," says its inventor, Tim Berners-Lee. "It loses its power if there are certain types of things to which you can't link."

If calling up the Web site of your favorite political commentator takes far longer than surfing to a commercial site, the new laws will have a direct impact on the Web's democratic utility. The proposed laws also facilitate future steps toward corporate censorship. Do you think that the telecoms, under the proposed regulations, would make it easy to visit the Web sites of their disgruntled - or possibly striking - employees?

The proposed new rules have received surprisingly sparse media coverage.

Many people believe the Internet's decentralized structure guarantees that no company or oligopoly could control it. Internet censorship - whether by corporate or state interests - simply sounds impossible. Yet not only is it theoretically possible, but the history of telecommunications regulation tells us it is probable. By the time the telecoms start changing what you see on your screen, it will be too late to complain.

http://www.baltimoresun.com/news/opinion/oped/bal-op.internet09may09%2C0%2C4559120.story

-- May 10, 2006 6:43 PM ∞

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Okie wrote:

Been out of pocket for awhile...just catching up on recent postings which, as always, are very informative.

Bill 1....Al-Asad is a good spot for your daughter to spend some time. It's a huge air base with good security and perimeter. Many facilities for the Marines to enjoy. Godspeed to your daughters.

ontheground....Enjoyed your observations about Baghdad Airport. I was in total surprise the first time I saw families with small children coming thru there. It was a very positive sign about the country.

-- May 10, 2006 6:51 PM ∞

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Sara Madgid wrote:

Final warning from Iran's Islamist rulers?
Posted: May 10, 2006 By Laura Mansfield

Was yesterday's letter from Iranian President Mahmoud Ahmadinejad to U.S. President George W. Bush a "last warning" of sorts?

That's a possibility that must be considered in any analysis of the letter.

If the letter is anywhere near what is being described by the U.S. administration, then analysts must question: "What's the point?"

Why create and deliver such a missive in the public eye when there is little chance that the document is going to make any changes in the policies of either country?

Islamic theology documents that no attack can be carried out in jihad without first offering the "unbelievers" the opportunity to "repent" and accept Islam. Only when that overture is rejected can an attack occur.

Al-Qaida has repeatedly issued warnings prior to attacks, although the warning are never specific enough for the West to recognize the exact target or timing of the attack. However, the warning is made.

The Quran documents that Allah even is required to issue such warnings. Note in the letter below where Ahmadinejad says the following:

The holy Quran stresses this common word and calls on an followers of divine religions and says: [3.64] Say: O followers of the Book! Come to an equitable proposition between us and you that we shall not serve any but Allah and (that) we shall not associate aught. With Him and (that) some of us shall not take others for lords besides Allah, but if they turn back, then say: Bear witness that we are Muslims. (The Family of Imran).

Mr. President, according to divine verses, we have all been called upon to worship one God and follow the teachings of divine prophets.

We increasingly see that people around the world are flocking towards a main focal point - that is the Almighty God. Undoubtedly through faith in God and the teachings of the prophets, the people will conquer their problems. My question for you is: "Do you not want to join them?"

The gist is this: Iran's president has just officially invited the United States to embrace Islam.

This is NOT good.

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=50139

-- May 10, 2006 7:02 PM ∞

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Sara Madgid wrote:

About the article above which I posted called.. "Proposed rule changes would tangle the Web"...

We get a lot of our news... about the Dinar.. from very "minor" sources (such as Middle Eastern news media). The article says:

[QUOTE]

AT&T and Verizon have publicly discussed their plans to divide the information superhighway into separate fast and slow lanes. Web sites and services willing to pay a toll will be channeled through the fast lane, while all others will be bottled up in the slower lanes. COPE, and similar telecom legislation offered in the Senate, does nothing to protect the consumer from this transformation of the Internet.

The telecoms are frustrated that commercial Web sites reap unlimited profits while those providing entry to your home for these companies are prevented from fully cashing in. If the new telecom regulations pass without safeguarding net neutrality, the big telecom companies will be able to prioritize the Web for you. They will be free to decide which Web sites get to your computer faster and which ones may take longer - or may not even show up at all.

[/QUOTE]

Note it said.. THEY WILL BE FREE TO DECIDE WHICH WEB SITES GET TO YOUR COMPUTER FASTER.. OR MAY NOT EVEN SHOW UP AT ALL.

I was concerned our ability to follow our investment from these "minor" sources, would also be curtailed.. or removed.

Also, the ability to put bias into the news by censoring out the minor sites or opposing views.. kind of made me wonder if this is not an attempt to make the MSM have a monopoly. Maybe they thought the net helped defeat them in the last elections, and if the public does not have access to alternate news, the MSM will have a monopoly on the dissemination of information to the public.. and thus they will have much more power over public opinion.. and their votes.. next time?

Sara.

-- May 10, 2006 7:47 PM ∞

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Mary Lou wrote:

You all talk about the situation with Iran-ran accross this news item and want to pass it on:

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Tuesday, May 09, 2006

Israel will hit Iran in the next few months: Israeli official

By Khalid Hasan

WASHINGTON: Israel will strike Iran’s nuclear facilities in the next “month or two or three,” an Israeli official has been quoted here as saying.

The unnamed official told Arnaud de Borchgrave, editor-in-chief of the United Press International (UPI), at the recently held national day reception at the Israeli Embassy that he believed Israel would strike Iran first in the next two or three months and that fighter bombers would not be involved as they had been to take out Iraq’s Osirak nuclear reactor before it went critical in 1981. For Osirak, Israel had used 14 F-15s and F-16s. This time, the Israeli said, it would be missiles. Asked if Israel would employ Cruise missiles, he replied, “with a gesture of his hand that went up and down again”, which meant that it would be the weapon of choice.

Asked if tunnel entrances to widely scattered Iranian nuclear facilities would be targeted, he responded that Israel had its own geo-stationary spy-in-the-sky satellite taking constant pictures of Iran with a resolution down to 70 centimetres. “We know far more than anyone realises,” he added.

De Borchgrave’s report quoted a poll of conservative Republicans by a conservative web-based news service, which showed overwhelmingly strong support for bombing Iran. Almost 60,000 people took part in the poll and 88 percent agreed that Iran poses a greater threat than Saddam Hussein did before the Iraq War. To the question, “Should the US undertake military action against Iran to stop their (nuclear) programme?” 77 percent replied yes, 23 percent said no. Forty-five percent said that military action should be taken by the United States, while 35 percent wanted Israel to do that. Twenty percent said neither. As for whether US efforts to contain Iran’s nuclear weapons are working, 93 percent said they were not, while 89 percent said the US should not rely solely on the UN.

According to de Borchgrave, “Israel has developed some 100 Jericho-II medium-range ballistic missiles (which entered service in 1989). Jericho II’s range varies from 1,500 to 3,500 kilometres, depending on payload weight. They are deployed in underground caves and silos. Israel has several satellites in orbit - Ofeq-1 through Ofeq-5 - that were launched by Shavit space launch vehicles (SLV). The first two stages of the Shavit were Jericho II missiles. There are unconfirmed reports of an upgraded Jericho-3 missile with a range of over 3,000 kilometres.

-- May 10, 2006 11:34 PM ∞

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Sara Madgid wrote:

Presence of Iranian fighters reported in Iraq
By UNITED PRESS INTERNATIONAL
Published May 10, 2006

BAGHDAD -- An Iraqi daily is claiming that a "staggeringly high" proportion of foreign jihadis arrested in Iraq are Iranian.

Iran Focus reported on May 9 that al-Taji, a newspaper with close connections to the Kurdistan Democratic Party Massoud Barzani, noted that 1,577 of the 1,972 jihadis arrested since last May were Iranians.
http://www.wpherald.com/storyview.php?StoryID=20060510-030836-7355r

-- May 11, 2006 12:39 AM ∞

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Sara Madgid wrote:

Fellow named Dinarextreme posted this.. I thought it was good. :)
Sara.

Bush was right on Iraq
5/11/2006

I want to draw your attention to that last line. In June of 2004, one year after the invasion of Iraq, Russian President Vladimir Putin made a stunning announcement that got virtually no coverage here in the United States. Here is an excerpt from an Associated Press report out of Kazakstan on June 19, 2004, about Putin's statement:

Russian President Vladimir Putin said Friday his government warned Washington that Saddam Hussein's regime was preparing attacks in the United States and its interests abroad -- an assertion that appears to bolster President Bush's contention that Iraq was a threat. After Sept. 11, 2001, and before the start of the military operation in Iraq, the Russian special services. . . received information that officials from Saddam's regime were preparing terrorist attacks in the United States and outside it against the U.S. military and other interests, Putin said.

Now, put yourself in President Bush's position. Three thousand Americans have recently been murdered in downtown Manhattan by jihadists, and the president of Russia tells you that Saddam is preparing terrorist attacks in the United States and outside it against the U.S. military and other interests. We now know -- from captured Iraqi documents -- that Putin was telling the truth.

Yesterday I met with a retired Israeli general, a man who has been on the frontlines of the war against terrorism for many, many years. Toward the end of the conversation, I asked him why the United States has not been hit again since September 11th. He said it could be strategy, but there is evidence that the Islamists were shocked by President Bush's strong reaction. They didn't believe we had the will to fight back. After all, the U.S. response to a string of terrorist attacks, beginning with the 1993 bombing of the World Trade Center towers, was to treat each incident as an unrelated criminal offense, rather than coordinated acts of war committed by a common enemy. That mentality changed after September 11th. The Israeli general I spoke with said Bush is absolutely right that by taking the war to Islamofascists, we are preventing them from bringing the war to us. He said that was the lesson Israel has learned. Against this enemy, so totally consumed with hatred and so determined to kill, the best defense is a good offense.

My friends, as frustrating as the headlines out of Iraq may be, the alternative to a good offense is to invite more atrocities like September 11th. As we now know, that is clearly what Saddam Hussein intended. I don't know about you, but I believe President Bush made the right call by invading Iraq and removing that threat against America.

http://www.kurdmedia.com/news.asp?id=12305

-- May 11, 2006 10:12 AM ∞

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Bill1 wrote:

Additional Info...

US urges investment in Iraq
By Sharmila Devi in Amman
Published: May 10 2006 03:00 | Last updated: May 10 2006 03:00

Zalmay Khalilzad, US ambassador to Iraq, yesterday urged the business community not to miss opportunities in Iraq because of the myriad risks posed by instability and violence.

"From the business perspective, the question is when and how to become involved in Iraq," he told potential investors at the Rebuild Iraq conference in the Jordanian capital Amman.
"While acting now undeniably involves risks, waiting might entail the risk of missing fleeting opportunities as Iraq's energy industry, agricultural and tourism industry takes shape.
"For those understandably concerned about security, I remind you that 14 of Iraq's 18 provinces have little or no insurgent or terrorist violence."
Many of the representatives of the more than 1,000 companies exhibiting in Amman say investment decisions hinge on the ability of Nouri al-Maliki, prime minister-designate, to install a stable government over the next few months, a point acknowledged by Mr Khalilzad.
Mr Maliki said yesterday he hoped to present a new cabinet for parliamentary approval by the end of this week. Such a move would enable the US to plan for the withdrawal of some forces and hand over more functions to the Iraqis.
However, few of the potential investors appeared optimistic about Iraq's future for at least the next year or so while recognizing the enormous potential for growth and profits.

-- May 11, 2006 5:46 PM ∞

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Bill1 wrote:

Although the title may not sound too upbeat, the article itself has a lot of positive info in it:

Businesses cautious about Iraq rebuilding
DALE GAVLAK
Associated Press
AMMAN, Jordan - U.S. and Iraqi entrepreneurs pointed to some positive economic numbers in Iraq as they voiced cautious optimism on Wednesday about doing business in the country despite the raging violence.
An estimated 20,000 participants from 50 countries looked for business opportunities at the "Iraq Rebuild 2006" exhibition in Amman - billed as the largest exposition of its kind since the 2003 U.S.-led war.
"Of course, I'm optimistic about business prospects in Iraq, because frankly we need everything," said Daoud Mansour, who owns a Baghdad factory producing electronically operated doors.
"I believe that we will begin to see changes in the security situation but we must wait another six to seven months," Mansour said. He said the country's new government needs time to begin inspiring business confidence by tackling pressing security issues.
U.S. Ambassador to Iraq Zalmay Khalilzad told business leaders during a Tuesday visit that Iraqis "are going through difficult times right now," but are on "a path to stabilizing their country."
He cited International Monetary Fund data saying that Iraq's gross domestic product grew last year by 2.6 percent and about 10 percent growth was projected for 2006. However, much of the growth has been fueled by high global oil prices.
A new electronic payments system has been installed at Iraq's Central Bank and by fall all banks in the country were expected to be connected, he said.
Pat and Sandy Boeshart of Lite-Form Technologies in South Sioux City, Neb., said they found "absolutely overwhelming" interest among Iraqis for their product - polystyrene insulation for concrete.
"Literally hundreds of people, mainly Iraqi construction companies, have been flooding our booth to speak with us," Pat Boeshart said.
"International business and rebuilding will boom in Iraq," predicted Jim Vaughn, a manager at American-Iraqi Solutions Group, which does construction, maintenance and security work in Iraq, and employs more than 2,500 people, mainly Iraqis.
"Iraq has been out of the global economy for some 30 years, so it's been in a steep learning process but I believe the Iraqi people will come through," he said.

-- May 12, 2006 8:08 AM ∞

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Sara Madgid wrote:

Iraq unity government starts to take shape
2006-05-12 By Kamal Taha - BAGHDAD
Iraqi PM-designate is looking for independent personalities to run ministries of interior and defense.

Iraq was inching closer Friday to getting its long-awaited new government, with the outlines of a multi-confessional coalition slowly emerging and a deal expected in the next few days.

"The negotiations for the formation of the government are ongoing and prime minister (designate Nuri) al-Maliki is looking for independent personalities to run the ministries of interior and defense," deputy parliament speaker Khalid al-Attiya said.

"We hope in the coming days we will select a candidate."

Attiya said the key defense portfolio would likely go to a Sunni member of former premier Iyad Allawi's Iraqi National List, rather than one of the main Sunni parties.

He added that control of the all-important interior ministry, which is responsible for security, will go to a Shiite, but one without strong party ties.

"Maliki wants to give the (defense and interior) posts to candidates that are competent, honest, and transparent with no links to any party," he said.

Attiya added that the oil ministry is expected to go to respected independent Shiite Hussein Shahristani over two other Shiite candidates.

Maliki has a constitutional deadline of May 21 to finalize his team.

Meanwhile, Friday, both Sunni and Shiite religious leades called for a quick end to the political wrangling.

http://195.224.230.11/english/?id=16457

-- May 12, 2006 2:59 PM ∞

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Outlaw in Gulfport wrote:

OK Gang.... I have been paying attention and still believe that we are about 6 months from anything with our investment going anywhere...but...who am I to say?

I have run into a financial snag and am offering 3 million Dinar for sale at a bargan price of only $725/mil plus shipping. Any one interested can contact me at outlawtwo2002@yahoo.com and we will work out the details.

-- May 12, 2006 6:32 PM ∞

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Self-proclaimed prophet wrote:

Several very large mushroom clouds are coming.
A 25 yr war is upon us.
22 more to go until 1000 yrs of peace (1000 yrs of hardship for our childrens children), Every one will be forced to work together in order for the Human race to servive.

-- May 14, 2006 10:14 AM ∞

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Okie wrote:

This looks like good news and not a "Large Mushroom Cloud"......

BAGHDAD, May 14 (KUNA) -- Prime Minister Designate Nouri Al-Maliki said on Sunday the new Iraqi cabinet formation is going to be decided today.

Al-Maliki made the statement at a press conference after meeting with the Iraqi Alliance leader Abdulaziz Al-Hakim.

"The cabinet formation will undergo changes from one party to another," Al-Maliki said, in a statement issued by the alliance' office, adding "an agreement can be reached today." On interior and defense portfolios he said "These portolios must be agreed on, which will lead to more understanding between the government and Iraqis." Questions were raised on assigning a Christian-Kurd and a Turkman for these two positions.

MP for the alliance, Baha' Al-Aaraji, stated earlier today that cabinet formation would probably be ready by the weekend. (pickup previous) ahh.

-- May 14, 2006 1:31 PM ∞

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Sara Madgid wrote:

Okie;

Looks good, thanks!

I hope they form the government and get on with running the country soon. They cannot squabble forever. They are, after all, men.

As for the prophecy fellow.. I haven't been a very big fan of crystal ball gazers, and the one book of prophecy I do see has made homeruns with every prophecy so far (the Bible) is not very specific about specific dates and times, so I think we are safe to say that is your opinion.

Opinions are like belly buttons.. everyone has one. :)

Hope you won't take offense if I don't take every word you wrote to heart like its the gospel..

Sara.

-- May 14, 2006 6:48 PM ∞

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Self-proclaimed prophet wrote:

Sara,
Someone who has a mind of her own. You are so right to form your own opinion. Some would say the bible was written by Arab male chauvinist pigs high on opium having dillusions of grandeur.

-- May 14, 2006 9:19 PM ∞

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tc dash wrote:

For being a prophet your spelling sure does need some work. The last time I spelled survive was done that way. Thank you for your thoughts .

TC Dash

-- May 14, 2006 9:33 PM ∞

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Sara Madgid wrote:

AP Blog From Iraq
By The Associated Press , 05.14.2006, 07:27 PM
AP Correspondent at Large Robert H. Reid covers Iraq for The Associated Press and has been a periodic visitor to the country since 1982.
BAGHDAD, Iraq

Last December's elections, like the one nearly a year before, did not bring Iraq's Sunnis, Shiites and Kurds together. In fact, they institutionalized the differences. Shiites by and large voted for Shiite candidates, Sunnis for Sunnis and Kurds for Kurds. Those candidates ran on a platform of defending their community's interest, regardless from the occasional sloganeering about national unity.

One party - led by ex-Prime Minister Ayad Allawi - did present itself as nonsectarian and inclusive, with Shiites and Sunnis represented in its ranks. It ended up with only 25 of the 275 seats. The various religious and ethnic parties captured a percentage of seats roughly equal to their community's share of the national population.

Now the political process has shifted into formation of a new Cabinet, the final and most difficult stage in establishing a government of national unity. In Cabinet talks, however, the Iraqi politicians are doing what politicians do everywhere - defend the interests of the people who put them in power. Shiites want to make sure Shiites get as many top posts as possible - and the same for the Sunnis and Kurds.

Each of the parties gives lip-service to the goal of including all major religious and ethnic groups in the Cabinet. But the question is in what numbers and in what posts. The Shiites argue that they won the biggest number of parliament seats, and that entitles them to the lion's share of power. That's democracy, the Shiites maintain.

Sunni Arabs, many of whom still refuse to accept the idea that Iraq has an overwhelming Shiite majority, insist that without a major role in government, Sunni leaders will never convince fellow Sunnis to abandon the insurgency. Those who accept this argument believe the Shiites are being shortsighted by insisting on strictly following electoral results.

Divisions within the Shiite camp are an added complication. The Shiite bloc is an alliance of seven major parties. Each of those parties wants a share of the ministries and top posts allocated to the Shiites. One of the parties, Fadhila, walked out of the Cabinet talks after it appeared it would lose the oil ministry -- albeit to a fellow Shiite.

Much of the strident bickering is simply a negotiating tactic. But it also reflects fundamental divisions within Iraqi society, which must be healed before there can be real progress in restoring stability so that American and foreign troops can go home.

http://www.forbes.com/home_asia/feeds/ap/2006/05/14/ap2744704.html

From what I can see from this blog, it looks like the real problem is a lack of respect for the democratic process. The Sunni wish to have MORE than their share of power which was won at the ballot box. And the Shiites are squabbling between themselves as well..

Iraq is still a fledgling Democracy. It will take time.. even once they get this hurdle behind them, to make their country truly work. An economic peg of the Dinar will be critical to help the process move forward.

Sara.

-- May 15, 2006 1:32 AM ∞

---

Bill1 wrote:

With the information contained in Sara's most recent post, what I'm wondering and fearing now is this: Once we finally leave the country how long is it going to be before Iraq backslides into a "Business as Usual" kind of situation? In other words, once we say our farewells and sail over the horizon [in our absence] how long will it take before they once again resort to taking up arms against one another in an effort to control as much of Iraq's wealth and riches, as they seem to have been doing for centuries?

Under a scenario like that, and in an effort to quell the infighting and violence, I foresee the possibility of Turkey reclaiming the Northern, Iran the Eastern, and Jordan the Western portions of Iraq, effectively dissolving the nation as they absorb it back into their own.

If you think oil prices are high now, think of what they'd be under the circumstances I mention above ...not that it would ever happen [but, never say "Never"].

These are good people, but history has taught them not to work together, but that it's, "Every Man for Himself" ...therein lies the problem. It's like trying to equally divy up a delicious pie -- mathematically it "CAN" be done, but there's always going to some some greedy SOB (or a couple of greedy SOBs) wanting more than their fair share.

Just me, but once the IQD finally pegs I'm cashing in the majority of my Dinar ...especially if the peg is a decent one. I may hold back one or two mil, but if the road starts to get bumpy ...let's just say that my short-term faith in the Iraqis is not that great.

Bill1

-- May 15, 2006 8:30 AM ∞

---

Carl wrote:

Bill 1
The history of that region has always been tribal,ethnic, and religion. Things have changed in the recent 3 years. They have been asked to work together, quit fighting, etc;;;and build a new nation under one banner. To ignore tribal standards, ethnic loyalty, and accept other religious faiths. That is so foreign to them, to some it is ridiculous and borders on insanity which leads to weakness and being taken advantage of...from their side of the fence it all makes sense to fight this western form of culture...These required changes will not occur over night,week, month, or years....generations will have to die out before you see real significant change...just like it had to in the USOfA during the Civil Right Era...

You still have the Sdar's who do not and will not give up their little portion of power for the good of the people. He and those like him appeal to their select group and do things that benefit only their select group. Most of the death squad killings are carried out by his militias...which operate freely while the police and military turn their eyes to the tortures and mass killings... The new minister stated, the militias would have to be absorbed by the police and military. The militias would be disolved, no longer a unit, gone, a mist, etc...
Sdar stated to the new prime minister..."I don't think so"....His followers in the new parliament are threatening to start their own cabinet and form their own government.(Knowing the background of Sdar and his Iran backing, I am sure this is not a surprise to any of us.)

The New Government has direct knowledge of his involvement in the mass killings by his militas, yet they do not move against him....They know directly these mass killings have slowed down the development of the new government, they know he has stalled the progress of Iraq getting back on its feet, they know he is directly taking orders from Iran, and acting accordingly...Have you heard any Iraqi politician critize him publically? The question is.... not is he responsibile?....The question is ...why is the present government allowing it to continue without any repercussions against him...Why have they not arrested him?...Why have they not charged him with treason?...Why have they took hard military action against the leaders of the Militas?

The answer may lay with the following different answers....

They are afraid to move against him because they have no real loyality or control over the police or military...it is all controlled by Sdar or leaders under his command.

They are allowing him to do their enforcement

They too are taking orders from Iran just as Sdar

They have allowed him to have the security reins unofficially.

Iran is now calling the shots...and political moves

They know corruption is riddled throughout the oil ministry under Chalabi but yet nothing is being done... Is this just an accepted way of doing business or is this money being used to support the insurgency, or the Sdar's Militias?

But this is not new to us either....We have put up with it for years...no one caused the immigation problem accept you and I...we are the ones who allowed our Republican and Democratic leaders to turn their heads and wink at the laws they would not enforce...We have some leaders here in our country who do the same thing as we see being done in Iraq....so we cannot point our finger and say....Why are they not doing something about it????

The same question needs to be asked of us!

Just some pondering of my pea brain...

-- May 15, 2006 9:37 AM ∞

---

okie wrote:

The negotiations are becoming very heated....I think they will settle their differences this week....cooler heads will prevail.

Published: 05/15/2006 12:00 AM (UAE)

Iraq government talks in jeopardy
AP

Baghdad: Efforts to form a new national unity government stumbled yesterday as a member of an influential Shiite alliance bloc threatened to unilaterally form a new government if rival groups did not scale back their demands.

Sunnis shot back with a threat to withdraw entirely from the political process.

The new warnings came as a May 22 constitutional deadline for Prime Minister-designate Nouri Al Maliki to form a government approached. Lawmakers have struggled for months to form a new national unity government they hope will cool escalating sectarian tensions between Iraq's Shiite majority and the Sunni Arab minority.

http://www.gulfnews.com/region/Iraq/10040031.html

-- May 15, 2006 9:39 AM ∞

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Sara Madgid wrote:

Baghdad, May.15 p1

Closes sources to Prime Minister Norri al-Maliki transferred that Maliki decide to declaring the government through 48 hours accept defense and interior ministries since he examined more than 12 names from the independents out of parliament's member to choose only two ministries. While the lists give just two days to offer its final demands according to the specific condition.

http://www.alsabaah.com/English.html

-- May 15, 2006 11:05 AM ∞

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Sara Madgid wrote:

Talabani rejects incomplete Iraq cabinet
by Simon Ostrovsky May 15, 2006

BAGHDAD (AFP) - Iraqi President Jalal Talabani insisted he would not accept the formation of an "incomplete" government, with the key interior and defence ministry posts still undecided five months to the day since the country's landmark election.

Talabani rejected calls for the defence and interior posts to be filled temporarily to end the long-running political deadlock, as Shiites, Sunnis and Kurds jostle for power.

"The presidency does not wish to see the presentation of an incomplete government lacking the defence and interior posts," he told reporters.

Prime minister-designate Nuri al-Maliki, a Shiite, has until May 21 to announce his cabinet

"There is an agreement that these two ministries should go to independents on which all party lists agree," Talabani said, adding: "God willing, the new national unity government will be announced before the end of the week."

http://news.yahoo.com/s/afp/20060515/wl_mideast_afp/iraq_060515134640

-- May 15, 2006 11:06 AM ∞

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Sara Madgid wrote:

Bill1 wrote:
... what I'm wondering is this: Once we finally leave the country how long is it going to be before Iraq backslides into a "Business as Usual" kind of situation? In other words, once we say our farewells and sail over the horizon [in our absence] how long will it take before they once again resort to taking up arms against one another in an effort to control as much of Iraq's wealth and riches, as they seem to have been doing for centuries?

===

Bill, I am hoping that the thirst for freedom is stronger than the desire for greed and control. That is, after years of oppression, they can finally SEE that that way just isn't a good path, and they are willing - even against those who think it crazy to believe - to establish for themselves Democratic freedom for themselves and their people - even though some narrow minded individuals have taught for years the view that Democracy AUTOMATICALLY comes with debachery and moral decadence (such as they say we have here in the West, but they really ought to look at their two minute marriages, for instance, or honor killings.. etc). They need a paradigm shift in their reasoning to make the transition from their political world to ours, you are saying they cannot do it. I think they can. I think they have had so much oppression they are FED UP with it and will make the sacrifices to make the change to Democracy even AFTER we have gone. That is, obviously, a faith statement. But I think it CAN be done, and I just don't think this lesson was drilled into them via mass graves only for them to fall asleep and forget it and go back to it again. They don't want that.. They do not wish to import the Iranian government and live under it or another dictator like Saddam. They want freedom from political oppression and they are paying the price to get it. I think they will do what is necessary to choose freedom for themselves and their decendants, now AND after we are gone. It takes guts, but I have never seen such dedication to a goal and willingness to sacrifice for it. Yes, they are suffering terrible casualties, but unlike dying in a mass grave under Saddam or in a war fighting Iran, they have hope these deaths will lead TO SOMETHING.. establishing something good for themselves and their children. If the US just supports them, I believe the Iraqis can win and establish a real and free Democracy for themselves and their people. It will also be a Democracy that has a Middle Eastern flavor and they might just teach us a thing or two as they learn to adapt their customs into Democracy's free political and societal framework. If they stay the course and the US gives them the support they need, it will work for them and bring more freedom to them than any similar nation in that region has ever had before. Democracy is good and will be worth it, therefore, they will continue to choose freedom in our absence, that is my opinion.

Sara.

PS I do dislike it when we judge the present generation by the past ones, too.. when you say this people has acted in a certain way "for centuries", well.. that wasn't this crop of people, that was some dead guy a hundred or two hundred years ago. I do not see perpetuating a stereotype and saying they cannot progress past their ancestor's mindset or view. These are real flesh and blood people with minds of their own. They don't have to blindly follow the leaders of the past or their ancestors. Respectfully, they have free wills and can choose a better future for themselves and their decendants by their own will. Their ancestors would probably like it. Wouldn't you hope your decendants will do BETTER than you, or would you prefer they live using a plow pulled by a horse and a horse drawn carriage forever because you did so? Progress is possible for the human race, even the Middle Eastern portion of the human race.

-- May 15, 2006 11:52 AM ∞

---

Sara Madgid wrote:

Gbush posted this today on another Dinar site.. I felt it relevant to the Iraqi quest to be FREE, too.. and live under a Democratic free republic.
Sara.

This is important for everyone to see!

The United States Military has honor, code, thing that most Americans don't have or take for granted. The American's Creed You don't learn in school any more.. it goes like this.

The American's Creed

"I believe in the United States of America as a Government of the people by the people, for the people, whose just powers are derived from the consent of the governed; a democracy in a Republic; a sovereign Nation of many sovereign States; a perfect Union, one and inseparable; established upon those principles of freedom, equality, justice, and humanity for which American patriots sacrificed their lives and fortunes.

I therefore believe it is my duty to my Country to love it; to support its Constitution; to obey its laws; to respect its flag, and to defend it againest all enemies."

I am the Flag
by Ruth Apperson Rous

I am the flag of the United States of America.

I was born on June 14, 1777, in Philadelphia.

There the Continental Congress adopted my stars and stripes as the national flag.

My thirteen stripes alternating red and white, with a union of thirteen white stars in a field of blue, represented a new constellation, a new nation dedicated to the personal and religious liberty of mankind.

Today fifty stars signal from my union, one for each of the fifty sovereign states in the greatest constitutional republic the world has ever known.

My colors symbolize the patriotic ideals and spiritual qualities of the citizens of my country.

My red stripes proclaim the fearless courage and integrity of American men and boys and the self-sacrifice and devotion of American mothers and daughters.

My white stripes stand for liberty and equality for all.

My blue is the blue of heaven, loyalty, and faith.

I represent these eternal principles: liberty, justice, and humanity.

I embody American freedom: freedom of speech, religion, assembly, the press, and the sanctity of the home.

I typify that indomitable spirit of determination brought to my land by Christopher Columbus and by all my forefathers - the Pilgrims, Puritans, settlers at James town and Plymouth.

I am as old as my nation.

I am a living symbol of my nation's law: the Constitution of the United States and the Bill of Rights.

I voice Abraham Lincoln's philosophy: "A government of the people, by the people, for the people."

I stand guard over my nation's schools, the seedbed of good citizenship and true patriotism.

I am displayed in every schoolroom throughout my nation; every schoolyard has a flag pole for my display.

Daily thousands upon thousands of boys and girls pledge their allegiance to me and my country.

I have my own law—Public Law 829, "The Flag Code" - which definitely states my correct use and display for all occasions and situations.

I have my special day, Flag Day. June 14 is set aside to honor my birth.

Americans, I am the sacred emblem of your country. I symbolize your birthright, your heritage of liberty purchased with blood and sorrow.

I am your title deed of freedom, which is yours to enjoy and hold in trust for posterity.

If you fail to keep this sacred trust inviolate, if I am nullified and destroyed, you and your children will become slaves to dictators and despots.

Eternal vigilance is your price of freedom.

As you see me silhouetted against the peaceful skies of my country, remind yourself that I am the flag of your country, that I stand for what you are - no more, no less.

Guard me well, lest your freedom perish from the earth.

Dedicate your lives to those principles for which I stand: "One nation under God, indivisible, with liberty and justice for all."

I was created in freedom. I made my first appearance in a battle for human liberty.

God grant that I may spend eternity in my "land of the free and the home of the brave" and that I shall ever be known as "Old Glory," the flag of the United States of America.

---

People - history is short, they forget and move on. The Military has tradition. Millions have died for the flag for you to have freedom. They gave up their liberty for your freedom... But thanks to our schools and the dumbing down of American education, you were not taught about the flag...

Gbush!

-- May 15, 2006 12:54 PM ∞

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Sara Madgid wrote:

Top authority examines cabinet formation question, event may be in 48 hours

By Mohammed Al-Ghazzi BAGHDAD, April 15 (KUNA) -- The formation of the new cabinet is expected within the 48 hours, according to latest speculations and rumors buzzing in the Iraqi capital.

Al-Maleki has expressed hope to accomplish this thorny mission within the coming two days, in line with the constitution that stipulates that the premier designate must form the new cabinet 30 days after his appointment.

Abbas Al-Bayati of the (Shiite) United Iraqi Alliance said in remarks to journalists that the premier designate reached "a full agreement" with the alliance and a "semi agreement" with the (Sunnite) Iraqi Accord Front on distribution of the seats.

He refrained from revealing details but noted that the line-up of the new cabinet would be declared on Wednesday.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=866184

-- May 15, 2006 1:17 PM ∞

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Carl wrote:

Sara:
FACT AS ILLUSTRATED BY HISTORY
Progress is possible but the time frame of changing old ways are always fluid and never happen as fast are expected,projected or wished.

We are all products of our up bringing within our close cell families. We absorb in our subconsious what is right and wrong by our conscious thougths. Not knowing any different or experiencing other views or cultures at such a young age attitudes are easy to form toward all different types of subjects. Once we get out of our close net family we are then subject to influences from our peers, and culture in general.

The Iraqi's belief in Islam is just as strong as your belief in Christ. Who is wrong or right depends on which side of the fence you are looking at. Just as they could not convince you their way was better, neither could you convince them. Thus...the catch 22 of each thinking they are superior to each other. Thus War's and Hatred abound toward one another and other races. HAAAA! mankind such an enhancement to mother nature's earthly paradise!

Maybe that is why we have hurricanes, tornados, typhoons, earthquakes, etc;; its mother nature's way of adjusting the playing field back to level, and removing some headaches for her...

Maybe that is why the Hamas organization start teaching their children at the age of 2 to hate the jews, and then carry these teachings on throughout their educative years and upbringing, until the hatred is as natural as breathing.

That is why I say generations of old hatred and ways of thinking toward one another have to slowly die out.The newer generations will slowly change their views toward one another and give way to new thoughts. But! I assure you as you put it we are handicapped the old dead man who left more in this world than white sun bleached bones.

-- May 15, 2006 1:38 PM ∞

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Bill1 wrote:

[Communication is truly an art ...by no stretch of the immagination.]

Carl brings up some very good points which indicate that the Iraqis continue to have a 90 degree uphill struggle on their hands as they attempt to move forward equitably forming their new government -- all of which is based on present and existing conditions.

I am not saying that "things 'cannot' be accomplished" ...truth be told, in the absence of greed and other less than desirable human ideosycrasies "All Things Can Be Accomplished".

What I'm saying [not unlike Carl] is that this mindset has been handed down to these people like a baton in a relay race from one generation to the next ...it's all they've ever known. And, like Carl says, "the Old Guard 'is' going to have to die off", in order for a truly new day to dawn in Iraq completely free of this nonsense.

In a Utopian Society all things are possible, but a fledgling Iraqi government hampered by the meddlings of Iran, as well as antiquated thought processes when it comes to their idea of working together for the common good, is not there yet and won't be for some time to come.

Just as in our country, the ordianry citizen [you and me] wants what is right and just, but a good protion of our elected politicians -- to the contrary -- are anything but concerned with that ...and so it goes in Iraq. I believe the average Iraqi citizen is ready to get on with it and do what is right for the good of all in Iraq, but their elected politicans seem to be standing in their way, and looking out for their own personal interests.

Real and lasting change comes from within an individaul and cannot be thrust upon them from an external source. Normally, when that occurs rebellion is an individaul [or group's] first instinct.

We still have a long way to go, but I optimistically look forward to further progress being made in Iraq.

JMO

Bill1

-- May 15, 2006 1:45 PM ∞

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Sara Madgid wrote:

Thanks, Carl and Bill.. very good dialog. :)

I understand what you are saying about ingrained taught behaviors, however, I think living under Saddam and having to deal with constant oppression and murder has made the Iraqi people resilient and determined to seek true freedom. I don't think they went through the creation of so many mass graves without it affecting their outlook on life. It is my hope that they embrace a future free of tyranny and despots, and are willing to pay the price. The only alternative is, of course, to go back to tyranny. As Gbush's post today said:

"I am your title deed of freedom, which is yours to enjoy and hold in trust for posterity.
If you fail to keep this sacred trust inviolate, if I am nullified and destroyed, you and your children will become slaves to dictators and despots.
Eternal vigilance is your price of freedom."

What I am believing is that they don't want to be slaves to dictators and despots and are willing to pay the price for freedom. It is never cheap or easy, as the US has proven.. but it is worth it. I think they may have the ability to fight for and attain that freedom. If so, it revolutionizes their part of the world, their lives, their posterity and the future. It can be a future and a hope, if they are willing to stay the course and suffer the damage to attain it. If they do not, they STILL HAVE TO PAY in death and blood, but for no discernable benefit. The choice I see for them is to fight and possibly to die fighting for a possible benefit (Democracy, freedom).. or fight against and possibly die for the whimsy of a despot like Saddam or the dictatorship of Iran who will enslave you and your kin. Which would you choose?

Sara.

-- May 15, 2006 3:27 PM ∞

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Sara Madgid wrote:

Iraq
By TAREK EL-TABLAWY, Associated Press Writer May 15, 2006

BAGHDAD, Iraq - The military said American forces killed more than 40 militants, including an al-Qaida operative, in five raids south of Baghdad in an area commonly known as the "Triangle of Death" because of the large number of insurgent attacks.

The U.S. hopes a national unity government that includes Shiites, Sunnis and Kurds will sap the insurgency's strength...

Deputies said Prime Minister-designate Nouri al-Maliki could announce a partial Cabinet ahead of a constitutionally mandated May 22 deadline, taking for himself the disputed defense and interior ministry posts. President Jalal Talabani, however, rejected that option.

"The presidency council does not want to see such key ministries excluded," Talabani said after meeting with his Shiite and Sunni Arab vice presidents. "We think the entire Cabinet should be announced."

"The defense and interior ministries are important, and we have previously agreed that they should be taken by independents agreeable to all the main blocs in Iraq," he said.

Vice President Tariq al-Hashimi, a member of the Sunni Arab Accordance Front, said it had reached a deal with the main Shiite United Iraqi Alliance in which the Sunnis would nominate the defense minister. In return, the Shiite bloc would name the interior minister.

Former Prime Minister Ayad Allawi's secular Iraqi List, favored to get the defense post, accused the Sunnis of delaying the process and of stoking violence as a pressure tactic.

"The ceiling has been set too high by the Accordance Front who claim they represent the Sunnis. They still insist on the Defense Ministry," Wael Abdul-Latif, the bloc's spokesman, told the AP. "But the bombs are still playing a role in the negotiations."

http://news.yahoo.com/s/ap/20060515/ap_on_re_mi_ea/iraq_060515184011

-- May 15, 2006 8:50 PM ∞

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Okie wrote:

A lot of good discussion regarding formation of the new Government. Some have questioned whether the Iraqi people have enough strength to overcome everything they’re faced with and gain a form of freedom they deserve and need.
I believe they do because of “Grandma Power”. I remember during the first election in Iraq when the bad guys told everybody not to vote or they would get killed. Well….in the wild wild West, A.K.A. Ramadi, a bunch of little Grandmas chased the bad guys away from the polling areas because they “had enough” of these thugs. It was truly amazing that these little ladies took a stand for their right to vote.
It impressed me to the point that I started buying Dinars again because things looked very positive at the grass roots level.

-- May 15, 2006 8:54 PM ∞

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Sara Madgid wrote:

Thanks, Okie. I think they can do it, too. They do seem to have the stamina to handle the conflict and win.

After all, unlike us, they don't have the luxury of saying, "Let's quit and go home".

Sara.

-- May 15, 2006 9:10 PM ∞

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Self-proclaimed prophet wrote:

tc dash,
You sure may not be obtuse, but quite possibly a quizzical poseur who is considered a pernicious parricide who finds himself in plight after his paregoric. Without being surreptitious you have used your plethora of wisdom and knowledge to surmise the obvious and still understand the meaning. Have fun on your peregrination.

-- May 15, 2006 10:54 PM ∞

---

not to be outdone by P's wrote:

The "sixth sick sheik's sixth sheep's sick" is said to be the toughest tongue twister in the English language.

-- May 16, 2006 12:36 AM ∞

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Carl wrote:

Sara and All!
Rest assure I have not given up any resolve of the will of the Iraqi people, as its not the people I am worried about. Its what has been plopted in those Iraqi Governmental slots that makes you wonder if we should be "Winding our A--" or "Scratching our Watch".

At this year's Iraqi "Come and Get It Convention" there was a major turnout. However the atmosphere was totally different than it was from the first year. The first year, companies were scrambling to get into the mix. This year, while everyone recognized the protential of the Iraqi business, most considered the security situation still far to violantle to risk their capital. The Companies still kept that attitude, eventhou, 14 of the 18 areas of Iraq have no or very little insurgency activity.(The Power of the Media producing a perspective that all of Iraq is under insurgency seige, and fear of the Iranian situation is keeping progress at a snails pace)

This elected Iraqi Government is like a 2 year old child begining to walk. As you watch, you start to hold your breath knowing that the possiblity of a tumble is high. In this case, the child is walking across a river washed debarked smoothed, narrow tree limb, that stretches over a crocodile pit.The limb has been made constantly slippery by the Crocodiles of Sdar, and Iranian Clergy below. There they wait with glee to taste the sweet flesh of the baby as it falters, then begins to lean into the plunge...

After all was this not the ....Plan?????

-- May 16, 2006 7:54 AM ∞

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Bob Jenkins wrote:

After the Cabinet is put into place; what is the time frame that you think the Dinar will be put onto the international market? What price do you believe the Dinar will open up against the US Dollar?

-- May 16, 2006 9:04 AM ∞

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Carl wrote:

Bob:
Pick a number your guess will work...

-- May 16, 2006 9:18 AM ∞

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Sara Madgid wrote:

In Iraq war, time is a weapon
Tue May 16, 2006 8:14 AM EDT
By Bernd Debusmann, Special Correspondent

WASHINGTON (Reuters) - U.S. forces in Iraq, locked in a war that cannot be won by military force alone, are facing a weapon that tends to favor insurgents -- time.

The war is in its fourth year and public support is waning. According to opinion polls taken in May, a majority of Americans think that invading Iraq was a mistake and that things in Iraq are going badly.

Military officers and experts involved in drafting a new counterinsurgency manual for the U.S. Army and the Marine Corps say that patience is one of the keys for success in winning against the kind of enemy the U.S. is facing in Iraq.

"The (counterinsurgency) effort requires a firm political will and extreme patience," says the draft, now going through revisions and expected to be issued in summer. "The insurgent wins if he does not lose, while the counterinsurgent loses if he does not win. Insurgents are strengthened by the common perception that a few casualties or a few years will cause the United States to abandon (the effort)."

"EXTREME PATIENCE" NOT TYPICAL U.S.TRAIT

In past conflicts the United States has often lacked the "extreme patience" prescribed in the new manual, largely because of pressures from a public clamoring for swift, decisive victories.

In a recent study published by the Strategic Studies Institute of the U.S. Army War College, scholar Colin Gray noted that "time is a weapon, (and) the mindset needed to combat an enemy who is playing a long game is not one that comes naturally to the American soldier or, for that matter, to the American public."

"To wage protracted war is not a preference in our military and strategic culture, " he said, and it is difficult to explain and defend to a doubting and increasingly impatient public.

Andrew Krepinevich, a retired army officer and professor at Washington's George Mason University, estimates that defeating the insurgency in Iraq would take at least a decade, hundreds of billions of dollars and longer casualty rolls. "Are the American people and American soldiers willing to pay that price?" he asked in an article in the magazine Foreign Affairs.

To underline the different concept of time in different cultures, one of the participants cited a saying he attributed to the Taliban in Afghanistan, "The Americans have the wristwatches," the saying goes, "but we've got the time."

http://ca.today.reuters.com/news/newsArticle.aspx?type=oddlyEnoughNews&storyID=2006-05-16T121353Z_01_N15456005_RTRIDST_0_LIFESTYLE-USA-WAR-TIME-COL.XML

-- May 16, 2006 10:24 AM ∞

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Sara Madgid wrote:

Army Issues Warning About Iraq Documentary
Associated Press | May 16, 2006

WASHINGTON - The U.S. Army is warning soldiers and their families that a new film about an Iraq war medical unit may trigger mental health problems for some who view it.

Army brass have sent a cautionary warning to military medical personnel about the soon-to-be-aired HBO documentary "Baghdad ER," which gives a graphic view of the Iraq war through the eyes of trauma doctors and nurses, even filming during an amputation.

The film records two months at the 86th Combat Support Hospital in Iraq, where medical teams treat those injured by improvised explosive devices.

Filmmakers Alpert and Matthew O'Neill were given access to the hospital, and the result, Alpert said, "is a very patriotic film."

"It shows the true consequences of war. Americans haven't had the chance to be able to see some of the consequences. It shows the heroism of the Soldiers, and you can't understand the heroism of the doctors and Soldiers unless you see the horror that they face every day," said Alpert.

The filmmaker said he has since spoken to many of those featured in the movie who told him they are proud to have been a part of it.

http://www.military.com/NewsContent/0,13319,97379,00.html

-- May 16, 2006 10:43 AM ∞

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Sara Madgid wrote:

Carl;

I was looking at a picture today of the politicians trying to get the government formed.. they don't look like babies to me. This may be new to them, but they seem quick learners..

I would not be so swift to give up on them.. perhaps extreme patience is a trait Americans should attempt to develop? Who knows.. America might even be able to stay long enough to learn not to put babies out over pits in the first place, but to superintend the process slightly more closely? If there was fault to be pointed out, it would not be the baby's in your scenerio.. it would be the idiots that let a baby get into that situation in the first place.

Sara.

-- May 16, 2006 10:52 AM ∞

---

Sara Madgid wrote:

Bob Jenkins wrote:

After the Cabinet is put into place; what is the time frame that you think the Dinar will be put onto the international market? What price do you believe the Dinar will open up against the US Dollar?

===
This could be of help.. Sara.

UAE specialized bulletin sounds alarm on GCC inflation

ABU DHABI, May 16 (KUNA) -- The current hikes in oil prices would pose the threat of inflation and aggravating monetary imbalances in the GCC region, a specialized bulletin warned.

"Al-Saa'a" bulletin issued by the UAE's Strategic Studies and Research Center said oil revenues are expected to increase for years to come which requires serious adjustment of exchange and monetary policies in order to check serious increase in inflation.

"The way to reduce inflation is to curb import and further diversify points of origin. As to inflation triggered by the depreciation of local currency, it should be countered by pegging to a basket of main currencies."

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=866422

-- May 16, 2006 11:31 AM ∞

---

Okie wrote:

I believe it's really going to happen this time....

BAGHDAD (Reuters) - Iraq's new government is finally taking shape and could be unveiled this week, negotiators said on Tuesday, signaling a compromise among sectarian and ethnic factions to rally behind Shi'ite strongman Nuri al-Maliki.

http://news.yahoo.com/s/nm/20060516/wl_nm/iraq_dc_45

-- May 16, 2006 2:56 PM ∞

---

Sara Madgid wrote:

Hope so, Okie.. Sara.

Iraq govt takes shape
16 May 2006 By Mariam Karouny

BAGHDAD, May 16 (Reuters) - Iraq's new government is finally taking shape and could be unveiled this week, negotiators said on Tuesday, signalling a compromise among sectarian and ethnic factions to rally behind Shi'ite strongman Nuri al-Maliki.

Senior negotiators from most groups involved in efforts to form a national unity government told Reuters Maliki could name his cabinet as early as Thursday, before the Muslim weekend and four days ahead of a constitutional deadline set a month ago.

"The government is in its final form now. Maliki will absolutely meet the constitutional deadline and will announce the government before it," said Dhafir al-Ani, spokesman of the main Sunni bloc in parliament, the Iraqi Accordance Front.

"Nobody wants him to fail. Even those who oppose the political process will not put up obstacles."

A senior Shi'ite negotiator said: "The government will be ready soon ... I mean probably in the next 48 hours."

http://today.reuters.com/business/newsarticle.aspx?type=tnBusinessNews&storyID=nIBO660413&imageid=top-news-view-2006-05-16-170544-eRPPISA[86].jpg&cap=AnIraqipolicemaninspectsthedamageoutsideashopsellingalcoholafterabombattackinBaghdad

-- May 16, 2006 5:40 PM ∞

---

Sara Madgid wrote:

Iraq Announces Arrest of Senior Zarqawi Aide in Ramadi
Posted GMT 5-16-2006 14:54:1

BAGHDAD (KUNA) -- A senior aide to Al-Qaeda's leader in Iraq Abu Musab Al-Zarqawi was arrested in Al-Ramadi in possession of documents and pictures showing him alongside Al-Zarqawi himself, the Iraqi government announced Monday.

The ministry issued another statement which reported arrest of "terrorist Umar Ahmad Saleh, aka Abu Jibreel, a Tawheed and Jihad leader, in western Baghdad Monday morning." The statement added "the terrorist had in his possession weapons including RPG shells and rockets, automatic machineguns, mortars, three barrels of TNT, remote control devices, bullet proof vests, protective masks, and a car laden with explosives."

http://www.aina.org/news/2006051695401.htm

-- May 17, 2006 12:52 AM ∞

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Bob wrote:

What will be the driving force on the peg of the Iraqi Dinar besides getting control of the security situation? What influence will the US Government have on when the Iraqi Dinar will appreciate; if it appreciates? I bought the IQD when it was 1 to 2500; now it is 1 to 1465, so yes I am optimistic about the future. Any thoughts.

-- May 17, 2006 4:02 AM ∞

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Sara Madgid wrote:

Bob;

The ability of Iraq to trade with other nations is central to its ability to thrive as a nation. With the Dinar at so ridiculous a level, they cannot hope to trade with any international investors. They are crippled economically with a Dinar worth 1460 to the dollar. With a peg, and some worth in the Dinar, they can attract and maintain foreign investment without losing their interests to foreigners. What is to stop everyone buying up Iraq cheap? For now, no foreign investment is allowed into the country to protect them from this, but eventually they have to have trade with the world. When they do, it MUST go up to a credible level. Market forces do not currently affect the Dinar or its worth. That cannot remain so for long nor is it wise, in my opinion. Carl believes it will take until they are accepted into the GCC before that revaluation can happen.. in other words, years. I think it will be soon because a peg of the currency enables commerce and helps move Iraq forward. Without it, Iraq remains crippled economically and disadvantaged.

Sara.

-- May 17, 2006 6:29 AM ∞

---

Sara Madgid wrote:

Iraqis to Present Cabinet on Saturday
May 17, 2006

BAGHDAD, Iraq - Prime Minister-designate Nouri al-Maliki will present his Cabinet to parliament on Saturday..

Al-Maliki "will present his government to the presidency today, and the presidency will refer it tomorrow to the parliamentary council," Deputy Speaker Khalid al-Atiya, a Shiite, told The Associated Press on Wednesday.

"On Saturday, the parliament will convene to vote on each of al-Maliki's nominees and the government's program."

Sunni Arab deputies confirmed that Cabinet list would be presented at a session on Saturday, two days before the constitutionally mandated deadline for al-Maliki to present the Cabinet. Parliament was originally to have convened Sunday, after having met Wednesday.

Under the constitution, parliament — officially the Council of Representatives — must then approve each proposed minister by an absolute majority.

http://news.yahoo.com/s/ap/20060517/ap_on_re_mi_ea/iraq_cabinet_2

-- May 17, 2006 11:41 AM ∞

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Okie wrote:

Sara…..

Very good comments on why the Dinar needs to be at a higher level. As usual, your summary of the situation is spot on. For sure it has to be valued at a level that will allow them to kick start their economy and get it off ground zero.

Regarding the initial value of the Dinar, I offer the following as “rumor and raw data”, “unsubstantiated comments”, “not to be used for investment guidance” and as a “super SWAG”.

In any case, several months ago I saw a news release from one of the Government officials and he stated the Dinar was ”just where it should be”. This caught my attention because at the time the Dinar was being quoted at 1 USD=1465 Dinar. If he thinks the Dinar is where it should be and a lot of us think it should be at better value….how will it be transformed to the better value?

I believe the equation will be like this:

Assume 1 USD = 1465 fils instead of Dinar.
Then 1 USD = 1.465 Dinar.
Then 1 Dinar = .68 USD = 68 US Cents.

It makes sense to me, but again, is offered with the “super SWAG” precursor above.

Anybody have comments on this? Remember…..treat me gently….I’m just an Okie trying to get by in this world.

-- May 17, 2006 12:45 PM ∞

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Bill1 wrote:

More [neutral] information on reconstruction efforts in Iraq...

Rebuilding effort in Iraq faces roadblocks
By Philip Dine
POST-DISPATCH WASHINGTON BUREAU
05/14/2006

WASHINGTON

American concerns about Iraq have focused largely on problems of the insurgency, but just as important for Iraq's future and the U.S. mission is something less frequently discussed: the effort to rebuild the country's roads, sewers and power lines.

Unless Iraqis see successful reconstruction that improves their daily lives soon, experts say, they'll lose faith in the ability of the new society to provide for them.

"The bottom line is we'll be judged on whether the lights are on or not - and the lights aren't on," says Michael Rubin, a former administration official in Iraq, now with the conservative American Enterprise Institute.

"We have promised again and again to get the electrical grid up," Rubin said. "And what you get from every Iraqi; you hear this repeatedly, 'You guys can land a man on the moon, but you can't get the electricity up.'"

Rep. John Shimkus, R-Ill., an Army veteran and strong supporter of U.S. policy in Iraq, traces the problem to what he calls "unimaginably large infrastructure needs" created by the failure of former Iraqi dictator Saddam Hussein to maintain the country's physical structure.

"I remember visiting the power plant in Baghdad," said Shimkus, who has been twice to postwar Iraq. "It was built in the mid-1960s, and the most recent piece of equipment was from 1982. More smoke was coming out the side of that plant than going out of the smokestack.

"And the electrical lines were so old and so decrepit. Saddam made no improvements to the infrastructure of the country. Today it's better. Is it where we would like it to be? No, it's not."

Sen. Christopher "Kit" Bond, R-Mo., who also backs the U.S. war effort, acknowledged that while progress on reconstruction is being made, the effort faces "large challenges" and won't improve markedly until a unified government is formed.

But the problem, experts say, is that the twin challenges of the insurgency and infrastructure are linked in a vicious cycle, with continuing violence complicating reconstruction, and the lagging quality of life turning people against the government. And those factors, in turn, make political stability elusive.

"There is a real chicken-and-egg problem there," said Nathan Brown of the Carnegie Endowment for International Peace. "You can't really do much in terms of reconstruction in the current security situation, but you can't really improve the security situation unless you can communicate to people that there's something in this new Iraq for them."

Troubles

Areas from electricity to sewage collection are experiencing problems.

"From all the indications we see, things are fairly low, even by prewar standards," Brown said. If Iraq's politicians can't offer their constituents tangible benefits, they won't be able to deliver those constituencies to forge national political consensus and a working coalition, he added. Moreover, Americans will be increasingly discounted as a force for a better future.

"It's leading to a broad disillusionment with the American presence there, with people saying, 'You created some of these problems, and you're really not part of the solution.'"

Rubin spent 18 months handling Iraq matters for the Pentagon, with a stint from July 2003 to March 2004 at political adviser at the Coalition Provisional Authority in Iraq. Yet he is sharply critical of the results of the U.S. effort to rebuild the country and improve the daily lives of average Iraqis.

"The reconstruction obviously hasn't gone that well," Rubin says. "But we have put together a lot of PowerPoint presentations about the problem."

The importance of electricity, he said, extends beyond lights: "The sewers back up without electricity, the irrigation pumps don't work and the factories close."

Administration mismanagement is partly to blame, Rubin said, including officials at the U.S. Agency for International Development.

"I think U.S. AID in Iraq makes FEMA look competent," Rubin said. "What looks good on paper doesn't necessarily correlate to reality, and too many of the people in Iraq don't know what reality is because they're shut up in the world's biggest embassy and they're not interacting with Iraqis. It's easy to blame things on security problems, but that gets stale after a while."

Agency officials acknowledged that "restoring and improving Iraq's electricity supply has been (their) biggest challenge," despite $1.5 billion provided to the agency to do so. But they cited progress in water treatment, with services restored to 2.3 million Iraqis and sewage treatment restored to 5.1 million.

On the ground

Improving Iraq's infrastructure is a daily job for Army Sgt. Maj. Gregory Glen, the command sergeant major for the Army Corps of Engineers. Recently back in the United States to attend a conference in St. Louis, the 28-year Army veteran was interviewed while in the Washington area.

His focus is on electrical, water and oil facilities and transportation, Glen said, and he works closely with about 500 Iraqi contractors and others whom he regards as pioneers for their country.

There is a common misconception, he said, that the roughly $18 billion Congress appropriated two years ago would do the job. In fact, the World Bank estimated in 2003 that it would take $50 billion to $60 billion to meet the country's needs, and in fact now it appears it will require "closer to $100 billion."

"The $18 billion is just to get them jump-started," he said.

One key issue, Glen said, is the regional disparity in Iraq, which can feed discontent. For example, in terms of electricity, the goal was to achieve 10 to 12 hours a day of electricity. The current average is 13, he said, but divergent expectations cloud that achievement.

"If you talk to a person in Baghdad who before the war was getting 24 hours a day of electricity, or a person in the provinces who was getting 1 to 3 hours, the person in Baghdad is going to be a little more disgruntled," he said.

The initial U.S. effort was criticized for focusing on large capital projects that had little immediate effect on people. Now, Glen said, there's a dual approach, with power plants being done along with small water treatment facilities that can help local areas. Those latter efforts produce "a lot of ownership by the people there, lots of pride," he said.

Glen is in his 11th month in Iraq this time around, after a yearlong tour from 2003 to 2004, when he "had the pleasure of capping that hole (Saddam) was in" after the former ruler was discovered hiding in a hole in the ground.

Iraqi doubts

Despite the "can-do" spirit of the military and progress "here and there," overall reconstruction is lagging, said Michael O'Hanlon of the Brookings Institution. He noted a poll two weeks ago by the International Republican Institute depicting most Iraqis as downbeat about the economic rebuilding of their country, citing poor electrical service and a shortage of jobs.

Continuing violence makes it hard to improve the infrastructure for several reasons: Security problems limit what work can be done, resources must be diverted from projects to protection, and what is built risks being destroyed.

The problems stem in part from earlier U.S. policies in Iraq that discouraged countries that hadn't joined in the military invasion from helping to rebuild Iraq, said Lawrence Korb, assistant secretary of defense in President Ronald Reagan's administration. That reduced the assistance available from other countries, he said.

Bill1

-- May 17, 2006 3:45 PM ∞

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Sara Madgid wrote:

Bill1 wrote:

Iraqi doubts

Despite the "can-do" spirit of the military and progress "here and there," overall reconstruction is lagging, said Michael O'Hanlon of the Brookings Institution. He noted a poll two weeks ago by the International Republican Institute depicting most Iraqis as downbeat about the economic rebuilding of their country, citing poor electrical service and a shortage of jobs.

====
Bill.. Do you see how a Revalue of the currency which brings in monetary help will help build the infrastructure and be key in helping get Iraq moving forward?

This says, "overall reconstruction is lagging" but who will invest when the Dinar is worthless? Once the currency is worth something, and has a legitimate value on the market, they can attract foreign investment which they do not have now. Revaluation is key to getting the infrastructure in place.. the US cannot do it single handedly.

This speaks of the Iraqis as being.. "downbeat about the economic rebuilding of their country, citing poor electrical service and a shortage of jobs." But what stimulates an economy and jobs? MONEY, right? And what can be done with a currency worth 1460 to the US Dollar? That small value to the currency just won't be able to provide the populace with jobs.. or help attract the amount of investment which is so badly needed. The RV of the Dinar is a key to making this work without the government of the USA doing all the heavy lifting. It will literally take off on its own, once it is given wings. :)

A thriving economy and jobs means less recruits for the insurgency, too.. cutting down on terrorism and decreasing the load on security, moving more of the resources toward progress forward economically for the Iraqis.

Sara.

-- May 17, 2006 4:42 PM ∞

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Sara Madgid wrote:

Iraq parliament to vote on new govt May 20
17.05.2006 - 13:29

BAGHDAD (Reuters) - Parliament must approve the appointments before the government, Iraq's first full-term, sovereign administration since the U.S. invasion of 2003, can take office.

With most parties expected to be represented in cabinet, the vote is likely to be a formality.

http://www.swisspolitics.org/en/news/index.php?page=news_inhalt&news_id=6728053

-- May 17, 2006 5:11 PM ∞

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FIRST BOB wrote:

I am the charter member "Bob".
I see someone else is posting as Bob so I will post in the future as "First Bob". I hope the second Bob will not be as antagonistic as I am.

Bill-1, you paint a bleak picture but I agree with most that you say and quote. I really need a soapbox because I am upset over a number of things. Every day I read that American soldiers are killed and Iraqi police and civilians are killed but I read very little about terrorists being killed.

I read about illegal immigration and building a wall to stop them. The only solution is to stop employing the illegals. They won't stop coming the first day and the unemployed won't go back home the first day, but soon the word will get around and the movement will be back to Mexico. I agree with the politicians that you can't deport 12 million people tomorrow but you can start tomorrow.

Everyone talks about FEMA like they were a group of Doo-Doo's but I ask who could have performed better at the time and under the circumstances? When he city is overwhelmed, they ask for State help and when the State is overwhelmed, the ask for Federal help. City and State had a power struggle in New Orleans and did not ask for FEMA help. Also, who could cope with the situation that this country had never been faced with, a metropolis covered with 16' of water. Normally a hurricane whisks through with its ravages but the next day help can be rushed in. Mr Brown with FEMA got a raw deal. I don't believe that George Washington could have done better given the same set of circumstances.

Enough controversy for this post but I have several items that I take issue with and will post later.

FIRST BOB

-- May 17, 2006 10:59 PM ∞

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Bill1 wrote:

It was an article Guys [verbatim] ...not my words. Just additional info regarding the dinar is all it was.

For every A-OK article written on Iraqi reconstruction, there's a not so A-OK article written about it.

I just offered the info as something else to consider is all.

We're all singing from the same sheet of music -- some in one key, some in another ...but the song is the same.

Don't kill the messenger...

Bill1

-- May 17, 2006 11:34 PM ∞

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Sara Madgid wrote:

Bill;

Not shooting any messengers.. sorry, this has been a long trip, and it has been edgy lately. Didn't mean to come across adversarial.. I think I need a break from Dinar boards for a while. If I don't post for a week or two, you'll know why.

First Bob;

Excellent points. Ticks me off how the terrorists get top billing when they attack but when they get attacked.. no coverage, or back page obscure. I often have tried to post it here, show the "other side" which rarely gets top billing in the news...

Going to take a walk on the beach and look at the stars,

Y'all take care,
Sara.

-- May 18, 2006 1:04 AM ∞

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Okie wrote:

It still looks good for a Sat. vote. They're getting very close to the deadline....

BAGHDAD (Reuters) - Iraqi leaders are closing in on a deal to form a national unity government but negotiators cited a host of names still being discussed for key posts on Thursday.

http://news.yahoo.com/s/nm/20060518/ts_nm/iraq_dc_53

-- May 18, 2006 9:54 AM ∞

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Sara Madgid wrote:

Iraqi PM names defense, interior ministers
5/18/2006 Xinhua

The Iraqi state-run television reported today that prime minister-designate Nuri al-Maliki has named two men for the crucial ministries of defense and interior in the new government.

On Wednesday, a Sunni legislator said that al-Maliki will submit his new cabinet list to the parliament for approval on Saturday.

http://www.kurdmedia.com/news.asp?id=12398

-- May 18, 2006 12:00 PM ∞

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Carl wrote:

Bob 1 !
I agree with ya about Brown at FEMA....Have you guys noticed that politicians are reactive individuals instead of proactive. You can count on the Politicians doing one thing for certain during a major event..."throwing money at it..."
When the heat cranks up they want to throw a offering into the fire to appease the crowd. But isn't it amazing how the sacrifice is neither them or one of their own kind.

The State of La, City of New Orleans and Federal Government knew for 35 years the city could not withstand a major hurricane, yet continued to build and allow to be built structures in areas of extreme danger. Yet! when the axe fell, they screamed like stuck pigs...
My answer to La ,City of New Orleans, State of Florida, State of Mississippi, State of Texas and other Governmental entities along any of our cost lines...The message is simple...you created the mess...you clean up your own mess..show responsibility in the future and we will show you some assistance...but the rest of the people of the United States will no longer be a open bank account to your repeated stupidity.

Bob! On immigration...
I like the Mexican people. Just like us, most are hard working honest people who just want to better themselves and their family.The issue is not do they contribute to our economy. The issue is what they contribute and does the negative out way the positive.

It makes sense to me that if ya boat is leaking water, you first stop the leak, then bale the water.

Fiquring out the solution is simple, the logistics just a little bit harder...

1. Secure the border ASAP. No restrictions on any unit as to what they can and cannot do. JUST SECURE THE DAMN THING....DON'T START PUTTING RESTRICTIONS ON YOUR PEOPLE UNTIL THEY GET THERE AND SEE WHAT NEEDS TO BE DONE IN ORDER TO PERFORM THE MOST EFFICIENT WAY... Its just like politicians to tell you what to do...when they don't have any practical sense as to the steps needed in order to accomplish your mission. (WHAT A BUNCH OF SELF SERVING...SELF PROTECTING PRICKS! PRESIDENT BUSH INCLUDED IN THIS LITTLE FIASCO)

2. Immediately enforce the laws already on the books and go after the employers who are employing illegals.

3. Expedite the legal immigration process. Too much red tape...There are plenty of mexican nationals still coming from Mexico to replace the ones here illegally. Allow those who apply legally to get come in after screening and being issued proper papers.Allow the ones required to leave to get back into the system legally.

4. Quietly start rounding up the illegals and deport immediately.

5. Empty all of the prisons of illegal nationals who committed property crimes,non-violent crimes, etc; and send them back to mexico.This in itself will save millions for both State and Federal Government.

6. Place the mexican government on notice that in order for free trade to continue they must immediately block their side of the border to S T O P ... (NOT REDUCE).. the flow of illegals. Regardless, of the statements made by President Bush, NO ONE IS YOUR FRIEND when they continue to contribute to the draining of our national budget. The USA does not have any obligation or responsibility to financially support illegal Mexican Nationals. That is the responsibility of their own country. If their leaders can't do it, then their citiziens of that country need to replace them or the system with one that can.

Humanitarian benefits should be available to legals not illegals. What motive would anyone have in becoming a legal when you are given the same type benefits as any american or legal nationalize citizen. Its just plain common sense..and less than intelligent to think otherwise.

Like you Bob I just need to vent sometimes...

-- May 18, 2006 12:00 PM ∞

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Okie wrote:

Carl....

Even when you're in the venting process you still pass on some good thoughts.
I hope we're soon in the PLANNING process...that is to say, which Island and in what country we will buy after we cash in the Dinars.
Com'on Iraq!! Com'on Dinars!!!!

-- May 18, 2006 1:13 PM ∞

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Sara Madgid wrote:

FirstBob;

Maybe this is more what the media should be covering, as well as what progress this sacrifice is making.
Sara.

Marine's Mom Views Son's Last Hours in HBO's 'Baghdad ER'
By JONATHAN KARL

ARLINGTON, Va., May 16, 2006 — Paula Zwillinger knew something awful had happened when she saw two military officers waiting in her driveway as she came home from work on June 6, 2005. The officers told her that her son had been hit by a roadside bomb in Fallujah and had died 17 hours later.

It turns out that HBO was there in the Army hospital in Baghdad when Zwillinger's son, 21-year-old Lance Cpl. Robert Mininger, was rushed in for treatment. Its cameras were rolling as the medics struggled to keep him alive.

Millions of Americans, she was told, would soon see the documentary "Baghdad ER," which includes an emotional finale in which her son dies on the operating table. The documentary airs Sunday night on HBO.

Its portrayal of wartime medicine is so painfully realistic that the Pentagon has warned soldiers and Marines who have served in Iraq, and their families, that it may trigger flashbacks, nightmares and other symptoms of post-traumatic stress.

Painful as it is to watch, she calls the movie a blessing.

"To see him alive, moving, was wonderful," she says. "Having to come to terms with losing him and watching is something else, but literally it allowed me to be there with him in his final moments."

There have been some complaints that "Baghdad ER" is too graphic, too negative, but Zwillinger sees it differently.

"This is war, this is war, this is what people need to see," she says. "If they don't believe this is raw image, then they are not in reality.

"What does the public really see right now? The public sees a blurb on the second page of a newspaper, we're not even front page newspaper anymore. It's a little blurb saying 'two soldiers have lost their lives over in Baghdad' — that's it. … You don't get the graphic reality of what war is about until you see the film. That's war, it's graphic, it's raw, it's authentic, it's real."

http://abcnews.go.com/WNT/story?id=1968943&page=1

-- May 18, 2006 1:38 PM ∞

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Carl wrote:

To All:
I hope everyone who reads this makes a point to watch Baghdad ER on HBO Sunday Night.
Every American should recognize the reality of war and what it entails. Our Men and Women of the Military Forces should be honored by all Americans. They are doing a job, that if not done well can result in dire consquences for them and their love ones. Even if they do the job well, sometimes it is just being in the right place and the wrong time.

These young men and women know all too well the danger of their job. They definitely know by now, if not when they signed up for service. These soldiers are in the business of enforcement. These men and women on the front line are putting their all at risk. That is what soldiers do...they sometimes have to kill and in the process also join the ranks of the dying and dead. I really don't think Ted Kennedy or President George Bushes remarks are on their minds when the actrid, sulfer smell of hot metal is coming at them. Combat soldiers are the tools that politicians use to carry out their words once diplomacy fails. It is the mark of humanity's failure to reach a compromise when differences erupt.
A soldier's life can be a deadly one, with the financial rewards a pittance when compared to some civilian jobs of today.

Sometimes the ignorance of youth, and the belief we are going to live forever does have its advantages.That "can do attitude" of our soldiers amazes me sometimes as I grow older. Yet! I believe that it is necessary to have this invincibility sometimes to carry out their missions.

I hope that one day the Iraqi people will realize what our American Men and Women have given to them. This gift has at least given them the opportunity to achieve a better way of life for their family and Iraqi generations to come. What and how they use that gift is not under the control of our children who have died and are going to continue dying so they can have that privilege.

The red cross places a monetary value on a pint of blood. I assure you, if you ask Bill 1, or the other Dads and Moms of our soldiers what their child's blood is worth, I really don't believe any person or country in the world could afford even one drop. Yet! Bill 1 and parents like him proudly and willingly allow their sons and daughters to go to some foreign land, with a name that some cannot spell or even locate on a map. Those parents realize that sometimes it is necessary to fight for one thing that is priceless... to be Free from Tyranny...and the freedom to live life as we choose and not as someone else dictates...

Many parents and citizens of the United States know the word "freedom" but very few have had to pay the price demanded.... so that all can experience it.

Sunday night you will see that price being given willingly...

-- May 18, 2006 4:14 PM ∞

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Bill1 wrote:

Haven't read more sincere, eloquent, and sobering words in quite some time, than the ones contained in Carl's post above.

Couldn't have written them better if I died trying!

Don't think I can watch HBO this coming Sunday. My guys and I already go up to Bethesda Naval Hospital, from time to time, to check in on the war wounded. I wear my heart on my sleeve, and for me its certainly no picnic when we travel up there.

We also get what we call "Taskers" for volunteers to render Honors (present the National Ensign to the grieving family) at the funerals of our fallen Marines and Sailors ...an honor "yes", but not the best of experiences by any stretch of the imagination.

..."God, please bless 'all' people; men, women, and certainly the children, who reside in harms way in Afghanistan and Iraq, in our attempt to help make their lives a little better." Amen.

Bless you all,

Bill1

-- May 18, 2006 4:50 PM ∞

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Sara Madgid wrote:

Amen, Bill and Carl.
Excellent posts, thank you.
God Bless you both,
and Bless and protect those who fought and are fighting this day for us and for freedom.
The sacrifices they made and are making will never be forgotten.

Sara.

-- May 18, 2006 6:47 PM ∞

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Outlaw wrote:

Carl,

Great job... but aren't you forgetting someone??? There are approx. 146,000 Troops in Iraq and Halliburton has somewhere around 50,000 Contractors there, (the last figure I heard). I can't even guess how many Contractors in total are there but I think the number is higher than the number of troops. Lets keep everyone in our thoughts...

Outlaw

-- May 18, 2006 8:54 PM ∞

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Sara Madgid wrote:

===

"Success is how high you bounce when you hit bottom." (General George Patton)

===

Teddy Roosevelt once said, “It is not the critic who counts, not the man who points out how the strong man stumbled, or where the door of deeds could have done better. The credit belongs to the man who is actually in the arena; whose face is marred by the dust and sweat and blood; who strives valiantly; who errs and comes short again and again; who knows the great enthusiasms, the great devotions and spends himself in a worthy cause; who at the best, knows in the end the triumph of high achievement, and who, at worst, if he fails, at least fails while daring greatly; so that his place shall never be with those cold and timid souls who know neither victory or defeat.”

-- May 18, 2006 8:55 PM ∞

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Outlaw wrote:

"War has no Victory or Defeat...only sorrow in the conscience of the participants" (Outlaw 2006)

-- May 18, 2006 9:28 PM ∞

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Sara Madgid wrote:

Outlaw wrote:
"War has no Victory or Defeat...only sorrow in the conscience of the participants" (Outlaw 2006)

====

But if everyone felt that way when Hitler was coming to power, (taking over Poland, incarcerating and killing Jewish persons, etc) who would have sacrificed anything to create that defeat? And.. was it worth it? Is it ever?

====

While Teddy Roosevelt spoke of how important bravery is in war, General George Washington - who was no timid soul - was known as "the sly fox" for his cunning in strategy. These two traits, bravery and cunning, have been traits the USA has been known for traditionally. Unlike Cindy Sheehan (and company), I don't think it just words in a song when I hear the words, "The land of the free, and the home of the brave". And, Outlaw, of COURSE the contractors, coalition forces of many nationalities, as well as the brave Iraqi and Afghani people themselves that are standing up against tyranny and seeking to liberate their homelands - all these are in our thoughts and prayers.

May God grant us victory and afterward His lasting peace.

Sara.

-- May 18, 2006 9:55 PM ∞

---

Outlaw wrote:

Sara,

Hitler used the young to do his dirty deeds because a conscience is something that one gets with maturity... I bet if you were to talk to some of the Death Camp Guards today... they to would have sorrow in their hearts for what they did.

I guess my words can only be understood by the ones who experienced War first hand.

"Peace in the Middle East" (Vincent Jones, Baghdad, Iraq 03/04/05/06)

Outlaw

-- May 18, 2006 10:16 PM ∞

---

Sara Madgid wrote:

Understood, Outlaw.. and sympathized.. so sorry,
Sara.

PS.. this looks like some good news? :)

====

Iraq's Prime Minister Set to Present Cabinet Picks
By Solomon Moore, Times Staff Writer
May 18, 2006

BAGHDAD — Prime Minister-designate Nouri Maliki is planning to present his new government to Iraq's Council of Representatives on Saturday and to formalize his ministry appointments by Monday, U.S. and Iraqi sources said Wednesday.

A day after announcing that Iraq's contentious political parties had agreed on the distribution of Cabinet posts, Iraqi politicians appeared to be coalescing around the names of several prominent candidates, the final step in the long-delayed formation of a government after parliamentary elections in December.

One key post, the Interior Ministry, is expected to go to Ahmed Chalabi, who currently is the Oil minister.

Hussein Shahristani, a nuclear physicist who ran as an independent, appears set to be named Oil minister.

http://www.latimes.com/news/nationworld/world/la-fg-iraq18may18,1,4569452.story?coll=la-headlines-world&ctrack=1&cset=true

-- May 18, 2006 10:46 PM ∞

---

Carl wrote:

Outlaw:
Never words so true...and yet understood only by the warriors who have tasted the cold fear of battle..and the dead emptyness that swallows your soul afterward...knowing that tomorrow it all begins anew.....

-- May 18, 2006 10:50 PM ∞

---

FIRST BOB wrote:

Carl and Sara: You are both great. You both present your views in a comprehensive and intellectual way that is enviable. Bill-1, you are posting some very good information-keep it up.

Again, I have some controversial information about Hitler. I have spent some time in Germany and got to know many Germans personally. On the surface almost all Germans denounce what Hitler did but after you gain their confidence there is a different feeling. The Jewish people who are honest, hard working people who drive a hard bargain, over a period of time managed to gain control over most of the wealth of Germany and were the elite. Most Germans were living in poverty and when Hitler came on the scene promising a "chicken in every pot", almost all Germans embraced him. You know the rest and how it played out and like Bill-1 said, I am just the messenger, so don't crucify me for telling you how the German people really feel.

-- May 18, 2006 11:28 PM ∞

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sherri wrote:

Joint Iraq-Kuwaiti Bank

--------------------------------------------------------------------------------

18 May 2006 (Baghdad: Al Sabah newspaper)

Mohammed Abdul Raheem, the Vice-Chairman of the Board of the Tigris-Euphrates Bank for

Investment and Development, which has its headquarters in Iraq, announced that the Bank

participated in activities organized by the Ayan Company for Trade and Investment. These took

place at the Marina Hotel in Kuwait on 14th-15th May.

The objective of these activities, Abdul Raheem continued, is to introduce the Bank and the

services it carries out in Iraq to the Kuwaiti people, particularly as the Kuwaiti share in the bank is

49%, with 35% of the shares being owned by the Ayan Company. The Bank was established in

2005 with capital estimated at 50 billion ID. This is to be increased at the beginning of 2007.

Abdul Raheem explained that the Bank will offer high quality services to customers to include all

economic sectors (agriculture, industry, and services). The aim is to hold a place in the

international market.

In order to implement the latest scientific developments, the Bank has signed a contract with the

ITS Company for the provision of an integrated electronic system and an employee training

program to be held at Arab and Islamic banks overseas. Branches will soon be opened.

-- May 19, 2006 1:21 AM ∞

---

Sara Madgid wrote:

Where were you when you heard the news concerning what happened on 911? Did you think what was happening was fair play by those who did it? They did, and do. In every war, both sides think they are right and the other ones wrong. They rejoice when the "bad" guys lose or get killed, because they are convinced the other side is evil. Hitler rallied the youth saying they were part of a master race, he brainwashed them from the cradle. History repeats itself.

The enemies we face in Iraq may depict America as a brothel full of evil and vice, because examples of evil behavior within the nation do indeed exist and are real. This is so because freedom means that those who are evil are much more free to abuse the privilege of freedom they have, and freedom allows for open reporting of them. But there, behind their curtain of religiosity, they have as much abuse and sin, if not more. From their imam endorsed two minute "marriages" for sex and profit, to honor killings and public beheadings of those who merely hold a different opinion, their culture is filled with sin and evil and fear. They point one finger at us, but four fingers point back at them. The problem is that sinful, wicked behavior is a human problem, not a cultural one. Hence, we fight in Iraq against those who are, in their own estimation, sitting upon their white horses in righteousness, while all the while they are seeking to impose their form of corruption, evil and death (mainly death, if you read the news). As the saying goes, "Democracy is the worst possible form of government... right after all the other ones". In other words, there is nothing better out there, and though Democracy itself is not a perfect political system, it is yet the best men have devised considering our human condition, and it beats being placed under a dictatorship ruled by this extremist religious elite.

Men have always fought in wars, killing other men. Mainly, it has been to protect their own homes - their wives, mothers and sisters from being raped then treated as whores for the enemy's use, their children from becoming slaves, their neighbors, sons and men from being killed, their wise and aged from being murdered in cold blood. They knew if they let the enemy hoard come in, their loved ones died and all they had was taken from them - their people, lands and possessions. This enemy we face is no different. They have openly said they must destroy the USA. They have coveted our houses, lands and possessions as they do the oil fields of Iraq. They do not think any US citizen "deserves" the bountiful blessings we enjoy, nor our freedoms, which they would take from us and impose their own "law" instead. If you do not think they dream of nuclear bombs being taken to "your city/town" and detonated, killing millions of Americans and bringing the nation to her knees, you didn't pay any attention as to what happened on 911. Brass tacks, men kill others to preserve their own.. and even if it serves other aims as well (spreading freedom to Iraq, etc), the main motive which causes an American to fight is still Mom, apple pie and the white picket fence around their home which the enemy wishes to destroy and take for themselves.

When fighting gets messy and there is collateral damage.. or even dealing with the horror of war itself - like the recurring nightmare of seeing a man's head being blown off - this is the only consolation a fighting person has. When they remember the death, gore, horror and evil they have seen or directly caused, of course it isn't normal or glorious. It is the kind of thing that makes a decent man vomit. But it is still necessary, and without it, we lose everything we hold dear. There is no such thing as honorably giving over all you have and own to those who will abuse and murder it in cold blood and say they do so for the furtherance of their version of god.

Firstbob, you say the Germans embraced Hitler because he promised them a better life. That may be so, but what he delivered was anything but that... instead, he stole their souls and made them less than human - example - the SS. If the bodies turning up tortured and shot in Baghdad or the killings of innocent civilians are any indication, this enemy is likewise without conscience and can justify any evil while promising a better life to any who will support their "cause". If a country already under their thumb (like Iran) is any indication of what their "utopia" will look like, there are plenty of people who will testify and explain to you what that life is really like when living under the reality of their utopian dreams.. and it isn't pretty. Research what they offer - what it would really look like under them - and tell me if that is what you wish for your family and friends.

Concerning this war, is there not a just cause for us to fight it? And if we stop fighting, will the enemy likewise lay down his weapons and make peace? Are our loved ones endangered? And if you believe it is not so, and we lay down arms because of your belief in peace, what if you are wrong? What if you are saying "peace peace" when there is no peace? (Jeremiah 6:14)

Sara.

-- May 19, 2006 1:57 AM ∞

---

Sara Madgid wrote:

Iran's new president promotes suicide squads
Glorifies 'martyrdom,' recruiting volunteers to target Americans
Posted: July 30, 2005

In the second TV appearance since his election victory, Iranian President-elect Mahmoud Ahmadi-Nejad spoke in praise of "the art of martyrdom" as volunteers continued to mobilize for suicide squads aimed at U.S., British and Israeli forces.

The day after the appearance, the London Arabic-language daily Al-Sharq Al-Awsat published a report about the new leader's spiritual advisor, Ayatollah Mohammad Misbach Yazdi, who told Iranians how to volunteer for the regime-sponsored "martyrdom squads," according to the Washington, D.C.-based Middle East Media Research Institute, or MEMRI.

The report mentioned an Iranian women's volunteer group dedicated to carrying out martyrdom operations against U.S., British, and Israeli forces.

The subject of Iranian martyrdom seekers also was the topic of a recent program on Al-Arabiya TV.

In Ahmadi-Nejad's July 25 segment on Iranian Channel 1, he praised martyrdom operations and declared Islam will conquer the world.

The announcement reads:

"Acts of martyrdom are the great pinnacle of the [Iranian] people and the height of its courage. The commander [Iranian Leader] Khamenei has announced registration for the forces of martyrdom in all of Iran's provinces, in order to defend Islam and to fight the enemies of Islam. Our sacred organization, [the organization of martyrs belonging] to the Islamic Republic, is intended for those interested in carrying out shahada [martyrdom]. The volunteer, male or female, will join specialized courses. Brother and sister believers who want to defend Islam are invited to contact [us] at POB 664-1653, Tehran, and to send two photos, a copy of their birth certificate, and a request to join the martyrs' corps."

According to the report, the martyr organization is headed by Elias Naderan, leader of the conservative faction of the Iranian parliament, former intelligence officer in the Iranian Revolutionary Guards and an ally of Ahmadi-Nejad.

A few months ago, he founded an organization called Zeitoon, intended for women and men interested in committing martyrdom operations "against the enemies of Iran and Islam" – especially against U.S., British, and Israeli forces.

One of the volunteers, Mohammad Reza Siyari, who recently fled from Iran to Turkey, told Al-Sharq Al-Awsat that during a visit to Yazdi's office in Qom, the spiritual adviser told the volunteers: "The gates of Paradise have opened for you. There are beautiful black-eyed virgins waiting for you on the banks of rivers of honey."

As WorldNetDaily reported earlier this month, an Iranian movement called the World Islamic Organization's Headquarters for Remembering the Shahids [Martyrs] says it now has recruited 40,000 human "time bombs" to carry out suicide attacks against Americans in Iraq and Israel.

Last year, Insight Online magazine reported the movement, which at the time claimed 10,000 recruits, was signing up members on the Internet.

Supporters of the movement include members of parliament and Revolutionary Guards officers.

As MEMRI reported last year, Iranian political leader Ali Khamenei and Revolutionary Guards Gen. Shabani praised the culture of martyrdom and jihad in speeches to students, urging them to become martyrs themselves in order to resist enemies, particularly the United States.

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=45515

-- May 19, 2006 2:19 AM ∞

---

Sara Madgid wrote:

Iran opens garrison to recruit suicide bombers against West

Tehran, Iran, Jul. 22 – A military garrison has been opened in Iran to recruit and train volunteers for “martyrdom-seeking operations”, according to the garrison’s commander, Mohammad-Reza Jaafari.

The full text of the original interview in Persian can be seen on the weekly’s website at www.partosokhan.ir/283/page08.pdf .

The commander said that “in Tehran alone, there will be four martyrdom-seeking divisions”, adding that “we are currently in the process of recruitment and organisation and soon volunteers will receive training in accordance to their assigned missions”.

The weekly’s interview with Jaafari appeared under the title, “Commander of Lovers of Martyrdom Garrison: Let America and Israel know, each of our suicide volunteers equals a nuclear bomb”.

Jaafari told the weekly that his organisation had set up branches all over Iran and was in particular aiming to convince young persons to enlist for “martyrdom-seeking operations”.

“One of our garrison’s aims is to spot martyrdom-seeking individuals in society and then recruit and organise them, so that, God willing, at the right moment when the Commander-in-Chief of the country’s armed forces [Ayatollah Khamenei] gives the order, they would be able to enter the scene and carry out their missions”, Jaafari said.

“The Imam [Khomeini] said years ago that Israel must be wiped off the face of the Earth, but so far practical steps have not been taken to achieve this”, the garrison commander said. “Our garrison must spot, recruit, organise and train martyrdom-seeking persons to be able to materialise this objective. Any delay in fulfilling the strategy of the Imam and the Supreme Leader in this regard will not be to the advantage of Islam or the revolution”.

“The United States should know that we have nuclear weapons, but they are in the hearts of our suicide bombers”, Jaafari added.

http://www.iranfocus.com/modules/news/article.php?storyid=2945

-- May 19, 2006 2:24 AM ∞

---

Sara Madgid wrote:

Although we do seek to make those in Iraq able to withstand the onslaught of their enemies and stand against them - which furthers their goals of freedom and independence - we are also furthering our goals to keep those enemies out of our country. Frankly, we don't want them or their jihad here. I find it difficult to believe that these "righteous" jihadis are innoculous and benevolent. Their true character turns up with each dead body we find bound, tortured and executed.. you think these are nice guys? You want them to come ply their trade here, implement their "freedom" over us so they can torture and kill at will in the dark, without the exposure our freedoms give us to show what is happening? We are seeking to help the Iraqis stand against all their enemies, "foreign and domestic". Though the bodies turning up daily in the news now are definitely the work of those outside of the legitimate Iraqi fold (foreign elements, we may say), there was one of these enemies (perhaps one of Saddam's old henchmen?) which got into the Iraqi police (yes, they do infiltrate it sometimes, unfortunately) and he continued to torture and kill until he was found out and stopped. Would it have ever stopped under Saddam (no) or the insurgents (no).. We just don't wish their form of "righteousness" to be over our families, lest, in their disagreement with us over religious dogma (or "tribal differences" - we are definitely of a different tribe) they choose to torture those of our loved ones with which they disagree.

===

Britain's captured soldiers allegedly spying on Iraqi prison torturer
Sun Oct 16, 6:25 AM ET

LONDON (AFP) - Two British soldiers captured briefly by Iraqis last month had beeen spying on a senior police commander who was allegedly torturing prisoners with an electric drill, a British newspaper reported.

The newspaper said Britain's Special Air Service (SAS) had been staking out several members of the Iraqi police, who were suspected of torturing prisoners at the notorious Jamiyat prison in Basra.

The operation was ordered after the body of an Iraqi, who had been arrested by the police, was found on the outskirts of the city in April.

An examination of the corpse showed that his skull, hands and legs had been penetrated with an electric drill, the Telegraph said. The army learnt, from Iraqi sources, that a senior police officer was behind the abuse.

Describing the suspicions of torture, a senior army source told the newspaper: "We believe victims were strapped into a chair and then the torture would begin. We think it was more to do with inter-tribal warfare than clamping down on terrorist activity. This is a very corrupt society."

http://news.yahoo.com/s/afp/20051016/wl_mideast_afp/britainiraqbasra_051016102420

So the next time they proclaim how righteous a society they would wish to implement on the whole world in the name of Islam, remember Saddam's mass graves, the oppression under the Iranian regime, and that this is an example of what their "inter-tribal warfare", corruption and intolerance brings. Then thank God and the next soldier you see who is standing up for you and your freedom from tyranny, torture and jihadi war. War is hell, but thank you, ladies and gentlemen of the military, for standing on that wall between us and this extremist tyranny.

Sara.

-- May 19, 2006 11:39 AM ∞

---

Sara Madgid wrote:

It is hoped that the formation of the new Iraqi government will help this situation.

Sara.

Iraqi President Says Killing Must Stop
By THOMAS WAGNER, Associated Press Writer May 10, 2006

BAGHDAD, Iraq - President Jalal Talabani said Wednesday that nearly 1,100 people were killed in Baghdad alone last month and urged Iraq's feuding factions to unite against surging crime and terrorism.

Talabani, a Kurd, said in a statement that the 1,091 bodies found in the Baghdad area in April were the tip of the iceberg.

"We feel shock, dismay and anger over the daily reports of the discovery of unidentified corpses and those of others killed" around the capital, he said.

"If we add this to the number of corpses that are not discovered, or to similar crimes in other provinces, then the total number ... reflects that we are confronting a situation no less dangerous that the results of terrorist acts" such as car bombings and other attacks.

Scores of unidentified bodies turn up around the capital on a daily basis, many bound, tortured and shot execution style in what officials say is an unwavering tide of reprisal sectarian killings.

At least 3,525 Iraqis have been killed in war-related violence this year. These numbers include civilians, government officials, and police and security officials, and are considered only a minimum based on Associated Press reporting.

Saying that behind every unidentified corpse is "an orphan, a starving father or a grieving wife," Talabani warned that these daily abductions and murders are stoking a "climate of suspicion among the sons of the nation."

He said terrorists are capitalizing on the weakness of government institutions and stressed that the formation of the new government will help create a climate in which such attacks can be halted. But Talabani also called on all factions "to issue a fatwa (religious edict) condemning these crimes, irrespective of who perpetrated them."

http://news.yahoo.com/s/ap/20060510/ap_on_re_mi_ea/iraq

-- May 19, 2006 11:42 AM ∞

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Sara Madgid wrote:

Iraq 'Not As Bad As Under Saddam'
Posted GMT 5-19-2006 5:32:5

(BBC) -- Iraq is not in a worse state than it was under Saddam Hussein, new Defence Secretary Des Browne has insisted.

Mr Browne said the new Iraqi government needed "to quickly show people that politics works" by meeting their concerns on key issues.

The priorities had to be security, economic progress and tackling the militias, he argued.

Opponents of the political process had used the five-month "hiatus" when the new government was being formed to produce an upsurge of violence, he said.

Mr Browne said the Iraqi army was working to root out people who had infiltrated the Iraqi security forces.

"The most important thing is there is a political structure that delivers the authority to do that and it has to come with an Iraqi face and an Iraqi voice," Mr Browne told BBC Radio 4's Today programme.

Seven British service personnel have died within a week, including five troops killed when their Lynx helicopter crashed in Basra.

But Mr Browne said individual tragedies could not be allowed to deflect the UK from its strategy in Iraq.

http://www.aina.org/news/20060519003205.htm

-- May 19, 2006 12:47 PM ∞

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Okie wrote:

A lot of people are of the opinion that our war is only with the “radical Muslims”. Islam has been at war with the Western world, and anybody else that doesn’t believe the same as them, ever since it started several hundred years ago. They have zero tolerance for any other thoughts except their Koran. They believe this so strongly that they feel it’s their right to kill you in the name of Allah because you’re a non-believer and therefore an enemy. A “moderate” Muslim will not put the bullet in your head but will tolerate a radical while he does it….they all read from the same page. I strongly believe they have a right to believe any teachings they want but when they try to impose it on me by force or death then the line has been crossed.

They’ve crossed the line with me on several occasions. They fired SCUD missiles at me in Dhahran, Saudi Arabia. They blew up the Khobar towers in Saudi Arabia and knocked out two windows of my house in the process. They fired small arms, rockets and mortar rounds into my living area in Iraq. They fired a mortar round within 32 feet from me at my work area in Iraq. This all happened because some goof ball cleric didn’t like Americans being in their country, when in fact I had a right to be there. So when somebody tells you that Islam is a beautiful religion and we should embrace it, you’re fully entitled to tell them to pound sand and to get out of your face. After all, what other group have you ever seen hack off the head of another human with a dull knife on national TV?

When our President comes on national TV and tells you that we are “at war” and it will be a long hard battle, it might be a good idea if you take him serious and give him your support.

-- May 19, 2006 1:26 PM ∞

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Sara Madgid wrote:

My concern is those who are saying "peace peace" - the Democrats and Cindy Sheehan, etc - when there may be no peace to be had. Even if we withdrew from Iraq and ceased our dealings with the terrorists, will this ideology of world triumph under the extremist form of Islam simply stop being a threat to the United States? Is the War on Terror able to be retreated from? Can we STOP fighting them and not be attacked? Will they live in peace and harmony with their fellow men? Or is theirs an ideology which demands of them that they fight forever against us until they - or we - triumph?

The Bush administration thought it was only a matter of time until they came with WMD to us. They took the battle to them. Whether you agree with that move or not, where we are now in time and history, do you think that we can STOP fighting against the religious jihadis and they will be at peace with us? Do they pose no threat to us and our standard of living or our freedom, views, beliefs, values, families, homes, lands, and possessions? I would appreciate any thoughts the board may have on the issue.

Sara.

-- May 19, 2006 1:28 PM ∞

---

Carl wrote:

Sara:
Regarding your question? Do the Islamic Fundalmentalistic believers pose a threat to our national security?

The answer is: Sept 11

No other observation or explaination needed.

You will always have the Cindy's,Jane's and Phil Donahues who live in a world idealogy instead of reality.
Just be greatful that countries like Canada,America,Australia, and Britain have the majority of their population made of sterner metal that the above mentioned.

-- May 19, 2006 5:22 PM ∞

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Okie wrote:

Sara....

Today is 21Raby Al-Thaany 1427 according to the Muslim Hijri calendar. If the Muslims make it to the year 1776 they might figure out how to separate church and state and how to grant freedom to their people. Iraq is a step in that direction.
However, if they insist on forcing their way of life on the rest of the world, they may not be around by that time. They need to change or perish.
I believe Sistani and his buddy Sadr have a hidden agenda in store for Iraq so we will soon see if the new Government can keep their distance from them. If they can, it will be another giant step for Iraq.

-- May 19, 2006 9:33 PM ∞

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FIRST BOB wrote:

Sara:

May 19th may have been your best day of posting ever.

I, for one, appreciate the time and effort that you put forth in compiling and writing all the facts, opinions, and predictions that you post. I really am amazed at the insight and knowledge that you have regarding Iraq, Germany, religion, the economy and the nature of mankind.

Please keep those informative posts coming. You and Carl are the heart of the T&B.

-- May 19, 2006 10:41 PM ∞

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Sara Madgid wrote:

Thank you for your words of understanding concerning what I was trying to say Carl, Firstbob and Okie.

I believe we are on the verge of something very good for Iraq and for the coalition forces.. this news article shows the good anticipation of the formation of the government and birth of a free nation. I hope we will all feel it was worth the labor pains. :)

Sara.

===

Exit route for allies after new Iraq deal
By Ned Parker in Baghdad and Philip Webster May 20, 2006

TONY BLAIR and President Bush are preparing to hail the formation of Iraq’s first permanent government since the fall of Saddam Hussein today — a development that should finally allow them to begin withdrawing their 140,000 troops..

After hours of talks in a heavily fortified compound in Baghdad, a senior aide to Mr al-Maliki disclosed that the Prime Minister had decided to act as temporary Interior Minister for a week and that Tareq al-Hashemi, the Sunni Vice-President, would take over Defence, also for a week.

Anticipating today’s announcement on the formation of a government, Downing Street said that it would be a “defining moment” for Iraq, and all the more remarkable because “it has been done against the background of a terrorist campaign which is specifically designed to stop such a government taking shape”.

There was still time for an agreement to fall apart last night. But despite the continuing disagreement over the Defence and Interior portfolios, invitations have been issued to the press to attend the parliament session at which the Prime Minister will introduce his Cabinet. The parliament’s 275 MPs will then vote to approve each nominee, with an absolute majority required in each case.

A Downing Street spokesman said that if a new government was formed it would be “representative of the country as a whole and the ethnic grouping of the country as a whole”.

http://www.timesonline.co.uk/article/0,,3-2188863,00.html

-- May 19, 2006 11:11 PM ∞

---

Sara Madgid wrote:

Iraqi Parliament Approves New Cabinet
May 20, 2006

BAGHDAD, Iraq - Iraq's parliament approved a national unity government on Saturday, achieving a goal the U.S. hopes will reduce widespread violence so that U.S. forces can eventually go home.

In a show of hands, the 275-member parliament approved each Cabinet minister proposed by incoming Prime Minister Nouri al-Maliki. The new ministers then took their oaths of office in the nationally televised session in Baghdad's heavily fortified Green Zone.

That completed a democratic process that began following the overthrow of Saddam Hussein's regime in the 2003 U.S.-led invasion.

In his first address, al-Maliki told parliament that he would make restoring stability and security the top priority of his new administration. He said he would "work fast" to improve and coordinate Iraqi forces so they can reduce attacks by insurgent groups and militias.

Al-Maliki said he would set "an objective timetable to transfer the full security mission to Iraqi forces, ending the mission of the multinational forces."

"This is a historic day for Iraq and all its people," deputy parliament speaker Khalid al-Attiyah said at a nationally televised news conference as the legislators gathered.

"It is the first time that a full-term, democratically elected government has been formed in Iraq since the fall of the ousted regime. This government represents all Iraqis," said al-Attiyah, a bearded Shiite cleric wearing a white turban.

http://news.yahoo.com/s/ap/20060520/ap_on_re_mi_ea/iraq

-- May 20, 2006 8:25 AM ∞

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Okie wrote:

It's a done deal. Congratulations to the Iraqi's on their first taste of freedom in a long time.

In a show of hands, the 275-member parliament approved each Cabinet minister proposed by incoming Prime Minister Nouri al-Maliki. The new ministers then took their oaths of office in the nationally televised session in Baghdad's heavily fortified Green Zone.

That completed a democratic process that began following the overthrow of Saddam Hussein's regime in the 2003 U.S.-led invasion.

http://news.yahoo.com/s/ap/20060520/ap_on_re_mi_ea/iraq_060520084351

-- May 20, 2006 8:51 AM ∞

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Sara Madgid wrote:

Amen, Okie. :)

Congratulations to the Iraqis on forming their first democratic government!

Sara.

-- May 20, 2006 9:06 AM ∞

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Okie wrote:

I did notice this morning that CNN devoted ten seconds to the new Government in Iraq. They spent more time on their story of the Mayor in Arkansas who was seeking sex from housewives who couldn't pay their water bill.
In the meantime, the rest of the world is putting out good news regarding this big event that will have a lasting impact on a lot of Americans......

No nonsense PM seeks brave agenda
From: Reuters From correspondents in Baghdad
May 20, 2006
NEW Prime Minister Nuri al-Maliki, who heads Iraq's first permanent post-invasion government, is a straight-talking Shiite who emerged from the sidelines to face the mammoth challenge of restoring unity and peace to his country.

The revolt that gave Maliki the prime minister's post may well define his next four years as he endeavors to bridge the ethnic and sectarian tensions pulling the country apart.
In the month he spent putting the government together - a government he assured everyone would transcend political and sectarian ties and focus on competence - Mr Maliki has impressed people with his direct, no nonsense manner.

http://www.news.com.au/story/0,10117,19204964-2,00.html

-- May 20, 2006 9:32 AM ∞

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Sara Madgid wrote:

World leaders hail formation of Iraq government
(Reuters) 20 May 2006

BAGHDAD - Leaders from around the world welcomed the formation of a permanent Iraqi government under Prime Minister Nuri Al Maliki on Saturday, the first full-term administration since Saddam Hussein was ousted in 2003.

British Foreign Secretary Margaret Beckett said she congratulated the Iraqi people on the government and offered support for the challenges it faces.

“In Britain it has taken centuries to develop our democracy; in Iraq, this process is now firmly under way. One thing is certain: this government of national unity reflects the diversity and choice of the people,” she said in a statement.

“The new Iraqi government is going to have to take tough decisions on building democratic structures, building up their security forces and developing their economy,” she said.

Egypt’s state news agency MENA quoted Amr Moussa, the Secretary General of the Arab League, as saying the formation of the government was a step towards achieving security and stability.

The agency quoted Moussa as saying he hoped the government would be completed soon to reflect national unity, a key issue in shaping Iraq’s new government. Wrangling over the posts of interior and defence left those jobs vacant for now.

An Iraqi national reconciliation conference, which the Arab League has called for, will take place next month, he said.

http://www.khaleejtimes.com/DisplayArticleNew.asp?xfile=data/focusoniraq/2006/May/focusoniraq_May100.xml§ion=focusoniraq

-- May 20, 2006 3:09 PM ∞

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Sara Madgid wrote:

German FM to visit Iraq, 'if security situation allows it'
Berlin, May 20, IRNA

German Foreign Minister Frank-Walter Steinmeier is likely to become the first official German government member to visit Iraq since the end of the war in that country, DPA quoted on Saturday an advance report in the Berlin-based Der Tagesspiegel, due to hit newsstands on Sunday.

"The European Union troika will travel to Baghdad, if the security situation allows it," Steinmeier said.

As of July 1, Finland, Germany and Austria will form the EU troika, comprised of the past, current and future rotating EU presidencies.

Steinmeier added either the Iraqi prime minister or foreign minister will be invited into the round of the EU troika foreign ministers.

Berlin had strongly opposed the invasion of Iraq back in March 2003.

http://www.irna.ir/en/news/view/menu-234/0605204877180742.htm

-- May 20, 2006 6:33 PM ∞

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Outlaw wrote:

To all of the people of Iraq... Congratulations on your free Government! I wish everyone happiness and peace.

To all of my good friends still in the thick of it... May this new beginning bring a quick end to the fighting. I think about you all each and everyday! Be safe my friends!

As promised... I will bring the Pig for the roast... We still haven't decided where we are going to have it, have we???

Outlaw
(KBR, Baghdad, Iraq 04.05.06)

-- May 20, 2006 6:59 PM ∞

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Outlaw wrote:

Sara,

Just wanted to clarify one thing... I am not a Sheehan hugger as I interpeted you were saying previously! I fully agree with the War on Terror. Ask our brave Warriors, the Contractors, and any "sane" Iraqi that you can find... most will agree that the War was necessary at all costs!... and if we are placed in the same situtation again... We should do it again, the very same way! I am dazed and confused on why we haven't already invaded Iran... but trust me, their day is coming very quickly.

I applaude President Bush for being a good American, a great President, and a promoter of the "NO MORE" push-over reputation we now have throughout the World. With no doubt... One day very soon... all of the top Terror King Pins will face the same fate as the ones we already fed a taste of American Justice too.

When I speak of "Peace", my meaning is not to stop the war... but only wishing our warriors God's speed in their task at hand to hopefully limit their loss of life and distruction of needed resources throughout the War torn Middle East. If anything... I wish more troops to the region to speed this result.

Outlaw

-- May 20, 2006 8:00 PM ∞

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Sara Madgid wrote:

Gulf states urged not to revalue before union
Web posted at: 5/21/2006 2:58:12
Source ::: REUTERS

dubai • Gulf Arab states should not revalue their dollar-pegged currencies before a planned monetary union is formed, an official at the regional body coordinating integration said yesterday.

The six members of the Gulf Cooperation Council (GCC) are eyeing a unified currency by 2010.

"If there is a revaluation it should be collective," he said. "It would not be beneficial for our project if the decision was not reached collectively."

"The most important thing is that our main commodity, oil, is priced in dollars," he said. "Most of our trade is denominated in dollars, with China or with the United States."

http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=market+news&month=May2006&file=Business_News2006052125812.xml

Carl;

I believe that they are holding off their RV to include the Iraqi Dinar. As you have often said, they wish to include and WILL INCLUDE Iraq in the one GCC currency. I saw an article recently that says the expected union date is moved up considerably from 2010.. I believe I posted it here on the previous thread... So.. if it is going to happen quite soon, why do ONE RV and then ANOTHER when you include Iraq? And Iraq will be good for boosting them all up.. give all the GCC member currencies a lift. It is, after all, the gem of the lot - the one worth the most in the region, with the greatest asset base (the most oil in the region). If they wish a VERY GOOD GCC rate to begin with, holding off a while now until they can include Iraq is a smart move.

This is GOOD NEWS, IMHO. :)

It means they are expecting Iraq to succeed and join their union. They have a positive feeling for the future of Iraq now.

What do you think, Carl.. board? The article says it is due to the high oil prices.. but I think the GCC union wishig to include Iraq is a very compelling reason behind the holding off... Your thoughts?

Sara.

-- May 20, 2006 9:23 PM ∞

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Sara Madgid wrote:

Thank you, Outlaw.
As Bill1 said, we are all singing from the same page.. I do so appreciate your explanation. :)

Today took us one GIANT step closer to all our hoped for goals for Iraq, the region and the War on Terror.

Congrats Iraq! :)

One small step for Iraq, one giant leap for mankind.

Sara.

-- May 20, 2006 9:27 PM ∞

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Sara Madgid wrote:

newly elected leaders meet
Updated 5/21/2006 8:06 AM ET

BAGHDAD (AP) — Al-Maliki's new government met for the first Sunday. The prime minister hopes the government will eventually improve Iraq's military and police forces, persuade the insurgents to lay down its weapons and disband militias, reduce sectarian violence and restore stability to Iraq.

If all that can be done, it would set the stage for the eventual withdrawal of tens of thousands of U.S. and other foreign troops.

Al-Maliki, a Shiite, has said he was determined to soon find independent, non-sectarian officials to fill those three portfolios in his government.

"I do not think that the naming of defense and interior ministers will take more than two or three days," he said at a news conference.

The prime minister said his government would use "maximum force in confronting the terrorists and the killers who are shedding blood" in Iraq.

But he also said it would try to reduce public support for insurgent groups by promoting national reconciliation, improving the country's collapsing infrastructure, and setting up a special protection force for Baghdad, one of Iraq's most violent cities.

He said Baghdad "must end its crisis of sectarian violence that is causing many families to flee their homes."

http://www.usatoday.com/news/world/iraq/2006-05-21-iraq-violence_x.htm

-- May 21, 2006 8:38 AM ∞

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Carl wrote:

Sara:
Regarding the GCC...
As many of the reader know the GCC is wanting to create their own currency by the year 2010. In order for them to do that, each country which participates in the new currency must meet several criteria.
Some are following:

The Government must be stable.

The Security Situation must in control.

The inflation rate of each country must be 3% or less

The Banking System must be a full member of the International Banking Industry.

Each GCC country must give up the right to revalue its own currency. The value will be set by the GCC Montetary Guidelines.

Iraq presently does not meet any of those criteria. They have 3.5 years to be within those guidelines.

Can it be done?...sure! nothing is impossible....

Will it be difficult to reach such a goal in a tremendously short period of time? Most Certainly...

Given the unknown with the present Iraqi government, the forboding war clouds of Iran on the nuclear issue, it is reasonable to think that International companies are going to keep their distance for a while. Very few if any Company officer would violate the fiscal principal of Investment and risk millions of dollars of his stock holders funds, where there is a possible change of it either being lost to Iran or destroyed in the process of war.

Now! Will those same companies perform smaller scale operations. Probably! But this within itself simply slows down the process of bringing Iraq into the International market as a stable and secure Government.

Now! Will Iraq place their currency on the world market and let the market set the value?
It is my opinion that is more likely to happen, than Iraq being involved in the initial RV of the GCC Countries Currency.

What is time frame?
Again! I make no spectulation on any date. There are simply too many varibles that can change the direction set for the currency over night.

This is just my opinion folks, and my opinion does not have anymore validity that anyone else who post their opinion as to what may happen.

The one thing I like about Sara is she can see sunshine in a cave when most cannot. The power of a optimist view is necessary in a violatile time like this, and is greatly appreciated by me and I betcha many readers.

-- May 21, 2006 9:43 AM ∞

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Sara Madgid wrote:

Carl wrote:

Regarding the GCC...

Iraq presently does not meet any of those criteria. They have 3.5 years to be within those guidelines.

Can it be done?...sure! nothing is impossible....

Will Iraq place their currency on the world market and let the market set the value?

It is my opinion that is more likely to happen, than Iraq being involved in the initial RV of the GCC Countries Currency.

===
Carl;

I do see and agree with much of your view..

I agree with you that the Dinar may go public and get its own valuation in the marketplace, which seems a wise move. Then, when peace and stability have taken root through the continuing economic reforms they can then implement with their revaluated currency, they will be allowed into the GCC. :)

Your outlook for the Dinar being able to join the GCC in the next few years is that it is possible, but unlikely... mine is that they might move quicker than anticipated and this is why.. The initial valuation of the GCC currency should be strong and if they can include Iraq in it, they will! :) Iraq has a lot to offer the GCC in an asset base and I think they would prefer it to be in the GCC currency rather than out of it.

However, I concede, as you state, this is predicated on the continuing of the strengthening and stabilization of Iraq we see taking deep root there now, AND dealing with Iran, which is a big part of the picture, too. The first part, stability and strengthening of the Iraqi economy and positive good governing I see as inevitable and ongoing, the second part, Iran, I see as being the subject of intense mental activity and strategic planning from many countries.

Support for the first position, that the progress is inevitable and ongoing, just to reiterate this position to those on the board who have not read it:

Going back to a time of butchery like in the days of Saddam doesn't appear to be a viable solution for those who live in Iraq or who care and are watching the situation in Iraq. It seems even less viable to anyone who doesn't care for their flavor of "truth" being imposed on others. FREEDOM means the ability to choose, for good or evil, what you wish to believe. The insurgents are fighting to take that freedom away, so I ask you, will they succeed and be blessed in this endeavor by the "powers that be" which are moving in the world? As that Arabic commentator stated, they have already lost by seeking total power.

"... the Iraqi insurgency and its terrorist allies, not to mention its Islamist and pan-Arab sympathizers elsewhere, have already lost the political battle because they have failed to present a clear political alternative to the democratization project. The Iraqi insurgency’s future is dim because Al-Duri and Zarqawi are seeking total power at a time that Iraqi politics, and beyond it the politics of the greater Middle East, are being recast on the basis of power sharing and compromise. Because they want all of power they will end up having none of it. The insurgency may continue for many more months, if not years, in the area known as Jazirah (island), which accounts for about 10 percent of the Iraqi territory, plus parts of Baghdad. It may continue killing people but will not be able to stop the political process."
http://truckandbarter.com/mt/archives/000502.html#11571

===

As for the second, concerning Iran, it is my hope that they might resolve the Iranian instability factor quickly and with the least disruption to commerce and the stability of the region (however that can be managed). Diplomatic measures are, of course, the more preferable course, with military options a distant second. Basically, the real forseen problem to Iraq's good fortunes and entrance into the GCC currency is IRAN... Iran is the factor creating the negative factors and pessimism which is stopping Iraq's entrance into the GCC in 2010. If Iran can be dealt with - perhaps through covert operations as you have alluded to in the past - the fortunes of Iraq's joining the GCC currency would be greatly enhanced. We have 3.5 years, and we will see how this plays out on the scene of history, but I think Iraq's long term outlook for their good fortune is sure, certain and positive because the political process is unstoppable and the Iranian situation is likely to be dealt with with a good measure of success in the near future by the Powers That Be - perhaps with the Arab League and regional powers taking a greater role and interest in dealing with this rogue state. The inevitable forward momentum for stability through the political process is seen daily. As the Middle Eastern correspondent said, terrorism ".. may continue killing people but will not be able to stop the political process", therefore, Iraq's future is secure - Iran is just an obstacle which will be taken out of the way when the Powers That Be decide one day how best to deal with it.

So.. :) There is truly light in the cave.

Sara.

-- May 21, 2006 3:03 PM ∞

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Ziarian wrote:

" Government Securities Auctions:

D.G. of Agreement & Loans

Announcement

The Ministry of Finance decided to postpone the Treasury Bills auction no. (39) For term (91) days to another notification.

Hassan H. AL-Haidary

D.G. of Agreements & Loans "

what does that mean ? did they postpone treasury bills auction for 91 days untill another notification ?

Ziarian

-- May 21, 2006 6:40 PM ∞

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Sara Madgid wrote:

West too cynical about Iraq, says Howard
From: AAP From correspondents in Dublin
May 22, 2006

PRIME Minister John Howard has urged the West not to be so cynical about Iraq following the first meeting of new Prime Minister Nuri al-Maliki's cabinet.

The ratification of the new government was a true milestone on Iraq's hard march towards a more hopeful future, Mr Howard said, noting that the Iraqi people have voted in democratic elections three times despite violent intimidation.

"I have written to him today congratulating him, assuring him that Australia will go the distance in helping Iraq and that means that we're not going to become slaves to artificial deadlines about troop withdrawals," he said.

"We will withdraw our forces, we will reduce them when the circumstances suggest that that might be possible.

"But this is a very important day, a very important weekend for the people of Iraq and the world should be a little more generous in praising them for what they have achieved, a little less critical, a little less cynical, a little less desirous of finding fault because of its disagreement with the action of the American-led coalition."

http://www.news.com.au/story/0,10117,19215440-29277,00.html

-- May 21, 2006 10:28 PM ∞

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carl wrote:

Heads Up!

It looks like we have some movement out of the Persian Gulf Council and the Arab Leaque of Nations regarding bad boys of Iran.
I believe you might see some behind the scene verbal dressing downs, with get yourself out of this mess attitude.
Anything that is going to happen will be done behind the scenes as to keep the fundamentalist from acting up in their own region.
As I see it, they are the best way to solve this thing if possible.
Get that resolved and you will see the Iraqi economy take off like a rocket.

-- May 22, 2006 6:46 AM ∞

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Sara Madgid wrote:

A Chinese official announces that China will explore for oil in the north of Iraq:

The Chinese ambassador in Baghdad recently revealed China’s intention to explore for oil in the Kurdistan region in Iraq. This announcement was made by the Chinese Ambassador after meeting Kurdish officials in the region. He said that China wants to take practical steps regarding trade exchanges with Iraq. The Ambassador added that for this purpose a delegation from China arrived in Kurdistan to negotiate exploring for oil fields.

Translated and Edited by: IZDIHAR Public Relations Department

http://www.izdihar-iraq.com/news/PDFs/RoundUps/2006_05_may/IBN%2015%20May_pdf.pdf

-- May 22, 2006 5:00 PM ∞

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Sara Madgid wrote:

France welcomes formation of new Iraqi government

PARIS, May 22 (KUNA) -- The French government on Monday said it was pleased with the formation of the new Iraqi government and expressed hopes this would lead to a drop in violence and better national cohesion and rebuilding of the Iraqi nation.

"France welcomes the formation of the Iraqi government which emerged from the 15 December 2005 elections and which aims at assuring a balanced representation for the different components of the country," an official Foreign Ministry statement said.

France, expressed a willingness, along with its European partners, "to work with the Iraqi authorities in order to preserve the unity of Iraq and ensure the country returns to full sovereignty," the statement said..

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=868552

-- May 22, 2006 5:07 PM ∞

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Sara Madgid wrote:

Russia says ready for close cooperation with new Iraq government
19:13 | 22/ 05/ 2006

MOSCOW, May 22 (RIA Novosti) - Russia is ready to work closely with the new Iraqi government and provide assistance to stabilize the country, the Foreign Ministry's official spokesman said Monday.

"We are ready for close cooperation with the new Iraqi government to strengthen further traditionally friendly Russian-Iraqi relations, provide the necessary assistance to normalize the situation in the country as soon as possible and ensure its stable social and economic development," Mikhail Kamynin said in a statement.

"This is certainly an important event in Iraq's political life, concluding the transitional period of establishing bodies of constitutional power," Kamynin said.

http://en.rian.ru/world/20060522/48447830.html

-- May 22, 2006 5:18 PM ∞

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Ziarian wrote:

Iraq could double oil output with security

SHARM EL-SHEIKH: Iraqi officials believe they can double their daily oil output quickly if a new government improves security, US Treasury Secretary John Snow said on Monday.

Snow spoke to reporters travelling with him after a private meeting with Sinan al-Shabibi, Iraq’s central bank governor, about conditions in Iraq now that a new national unity government is in place.

http://www.dailytimes.com.pk/default.asp?page=2006%5C05%5C23%5Cstory_23-5-2006_pg5_18
_______________________________________________________________

the meeting of cbi governor and jhon snow sounds like something is going to happen and they are finalizing something .... it is amazing that sinan Al shabibi and jhon snow are meeting to discuss about OIL .. impossible :P , to discuss about oil there is a Oil Minister of iraq but they are discussing with central bank governor . i hope they will do something special for all of us for iraqi dinar investors and for IRAQ.

Bye
Ziarian

-- May 22, 2006 7:52 PM ∞

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Bob wrote:

Ziarian- I don't think the Dinar is going to move as a result of this meeting or by the doubling of oil production. Stay patient; the appreciation from the Dinar to the dollar will come. I wish the same things that you do in that regard though. Good things will happen with the Dinar; but one thing has to happen at a time despite the great accomplishment of the Iraqi government.

-- May 23, 2006 8:38 AM ∞

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Carl wrote:

Bob!

I agree with your reasoning and train of thought.

-- May 23, 2006 9:24 AM ∞

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Sara Madgid wrote:

Interesting when the radical Muslims cause the government to "rather see a Muslim become a Christian rather than a radical Muslim". Being so against the government hurts their cause.

Sara.

===

'Good news' from northern Iraq
By Julia Duin May 23, 2006
THE WASHINGTON TIMES

Retired Iraqi Gen. Georges Sada, a former fighter pilot-turned-Christian evangelist, says Kurds are converting to Christianity "by the hundreds" in northern Iraq.
Gen. Sada earlier reported that he had been told that Iraqi pilots, flying private planes, took weapons of mass destruction to undisclosed locations in Syria in 2002.
The "good news" from Iraq's turbulent religious scene, consisting mainly of Sunni and Shi'ite Muslim militias battling each other, is from the Kurds, he said. Kurds are creating a constitution that does away with Shariah, or Islamic law, a move counter to trends in other Muslim countries such as Afghanistan and Iran, where leaving Islam is a capital offense and Christian converts are often killed.
"No Christians in the Kurdish territory are persecuted," he said yesterday in an interview.
He added that Nechervan Idris Barzani, prime minister of the Kurdish regional government in Irbil and nephew of former Iraqi Governing Council President Massoud Barzani, was extremely positive about evangelical Christians' efforts among Iraq's 4 million Kurds.
"He told me he'd rather see a Muslim become a Christian rather than a radical Muslim," the general said.

http://washingtontimes.com/national/20060523-124029-4936r.htm

-- May 23, 2006 11:11 AM ∞

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Sara Madgid wrote:

OIC mulls plan to end Iraq violence
22 May 2006

SHARM EL-SHEIKH: The Organisation of the Islamic Conference may propose sending a peacekeeping force led by itself or the United Nations to end violence in Iraq.

Abdullah said there was increasingly a belief within the international community that the prolonged presence of Western troops in Iraq had worsened the security and humanitarian situation there.

There was also the notion that an alternative was sorely needed to bring peace back to that country.

He added that the OIC would first bring all stakeholders in Iraq, including the occupying powers, to the negotiating table.

http://www.nst.com.my/Current_News/nst/Monday/National/20060522075416/Article/index_html

-- May 23, 2006 11:19 AM ∞

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Sara Madgid wrote:

Iraq to lobby oil majors for investment
May 23, 2006

BAGHDAD -- New Iraqi oil minister Hussein Shahristani said on Tuesday that he would launch wide-ranging contacts with international oil companies to boost investment in the vital but battered sector.

"Iraq's God-given natural resources are huge and, if we can use and develop them properly, could put Iraq on the level of the richest countries in terms of income.

"They say Iraq has the second largest reserves in the world, but I think Iraq is really the first because there has been no exploration or investment for all these years."

Iraq has more than 112 billion barrels of proven reserves, second only to Saudi Arabia, but potential reserves could be double that given the lack of exploration in recent decades.

Modern exploration techniques that have emerged in the past two decades, such as 2-D and 3-D seismic imaging, have never been used in Iraq.

The minister vowed to move strongly against the saboteurs, who have been particularly active in the northern oil fields around Kirkuk.

"The government will strike with an iron fist anyone who wants to attack the oil sector in the future," he said.

http://www.metimes.com/articles/normal.php?StoryID=20060523-084653-3850r

-- May 23, 2006 11:38 AM ∞

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Sara Madgid wrote:

KUWAIT-IRAQ
H.H. PM congratulates Iraq on cabinet formation

KUWAIT, May 23 (KUNA) -- His Highness Prime Minister Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah sent Tuesday a cable of congratulations to his Iraqi counterpart, Nouri Kamel Al-Maliki on the occasion of the formation of the new Iraqi cabinet.

H.H. Sheikh Nasser hoped that the bilateral brotherhood relations would further boost for the interest of the two countries.

http://www.kuna.net.kw/Home/Story.aspx?Language=en&DSNO=868811

-- May 23, 2006 1:37 PM ∞

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Sara Madgid wrote:

Pakistan greets Iraq's new PM
www.chinaview.cn 2006-05-22 21:35:07

ISLAMABAD, May 22 (Xinhua) -- Pakistani Prime Minister Shaukat Aziz on Monday greeted Nuri al-Maliki on assumption of the office of the prime minister of Iraq.

Aziz said that in Pakistan, "we have been stead fast in our support to our brothers in Iraq and remain committed to extending a helping hand for the country's rebuilding efforts."

http://news.xinhuanet.com/english/2006-05/22/content_4585677.htm

-- May 23, 2006 1:40 PM ∞

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Carl wrote:

Heads up!

According to Saudi Arabia, The Gulf States are sending envoys into Iran to discuss the nuclear Issue. At least we have some movement worth mentioning, in reference to defusing this little middle eastern powder keg that can send the whole warehouse to the moon.
Arab Nations solving their own regional bad boy problem removes the Great Satin Card.

-- May 23, 2006 7:50 PM ∞

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Sara Madgid wrote:

Afghanistan welcomes Iraq's new cabinet
www.chinaview.cn 2006-05-23 13:42:03

KABUL, May 23 (Xinhua) -- The government of Afghanistan has welcomed the formation of new cabinet in Iraq and called for boosting relations between the two allies of the United States, a statement of Afghan foreign ministry available here Tuesday said.

http://news.xinhuanet.com/english/2006-05/23/content_4588352.htm

-- May 24, 2006 12:14 AM ∞

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Sara Madgid wrote:

Some of Saddam's Evils Turn Good in Iraq
by Lee Greenwood
Posted May 24, 2006

Three years after Saddam's regime crumbled, Iraq is a better place. Where mass graves and torture facilities once dominated the landscape, an open economy is emerging.

Today's Iraq is very much different than that of the former dictator. No longer must Iraqi soccer players fear the wrath of Saddam's sons when they lose a match. Hope is in the air; and though occasional setbacks occur, Americans can rightfully feel proud of the work the brave members of our Armed Forces are doing in Iraq. With every terrorist captured and every school reopened, our soldiers breathe new life into Iraqi society and give people there, even more hope for the future.

This Memorial Day, as Americans salute the flag and enjoy the company of loved ones safe at home, we should ask ourselves how we can help our brave men and women in uniform and thank them for the sacrifices they have made to defend America and fight terrorism around the world.

I hope everyone will have the opportunity to spend this Memorial Day weekend with their friends and families, watch fireworks displays and cookout in backyards and parks across this great land. But more importantly, I hope that they take the time to realize that freedom is not free and that those who advanced its cause in Iraq deserve our support now more than ever.

http://www.humaneventsonline.com/article.php?id=15052

-- May 24, 2006 9:29 AM ∞

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Bill1 wrote:

The positive Milestones in this Iraqi undertaking continue to materialize one after the other.

With our continued support, as well as support from around the world, Iraq is certainly on the right path. They must still navigate a long, bumpy road in their quest to better themselves, but with every positive event which unfolds their road becomes a little smoother still.

The future is getting brighter and brighter, so get out your sunglasses and SPF 30, cause this is only the beginning!

Godd luck to all,

Bill1

-- May 24, 2006 10:15 AM ∞

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Okie wrote:

Bill1

Sounds good...sunglasses and SPF 30 are already in my bag.
I have two Islands I want to visit and I'll get me a grass shack on one of them.

-- May 24, 2006 2:05 PM ∞

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Yahkin wrote:

New to the boards here. Been out of the loop for a while, but am just starting to read about investing in the IQD. I have skimmed the posts here, but have not really found a listing of good reputable sources for someone living in the US to buy IQD.

Can someone shoot me some recommendations?

Thanks.

-- May 24, 2006 2:18 PM ∞

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Sara Madgid wrote:

Oman welcomes new Iraqi govt
Wednesday, May 24, 2006

MUSCAT — The Sultanate has welcomed the formation of the new Iraqi government, hoping that it would be capable of finding solutions to the basic problems faced by Iraq to achieve national unity, safeguard Iraq, its unity, independence and stability and help provide required services and boost reconstruction efforts.

This was stated by an official source at the Foreign Ministry yesterday.

http://www.timesofoman.com/newsdetails.asp?newsid=30430&pn=local

-- May 25, 2006 12:12 PM ∞

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Sara Madgid wrote:

Council welcomes inauguration of new Iraqi government

UNITED NATIONS, May 24 (KUNA) -- The Security Council has welcomed the inauguration last week of Iraq's new government and congratulated the Iraqi people on this "milestone" in their country's political transition.

A statement, read out by council president Basile Ikouebe of Congo on behalf of the members in an open meeting late on Wednesday, said the council is "particularly encouraged by the fact that he government is representative of Iraq's many diverse communities." "The Security Council encourages the new government to work tirelessly to promote national reconciliation through dialogue and inclusion and to build an atmosphere in which sectarianism is rejected (and) urges all Iraqis to participate in the political process peacefully," the council said in the statement.

The council also reaffirmed, at the suggestion of Qatar, the only Arab council member, "the independence, sovereignty, unity and territorial integrity of Iraq."

The council also "strongly" urged all states and relevant international organizations to accelerate and augment their help to Iraq's sovereign government "at this crucial time," noting the "particular role" Iraq's neighbours can play, and calling on them to conform to relevant council resolutions and "how they can reinforce their contribution." It also said it "looks forward to the continued efforts" of the League of Arab States, including the forthcoming conference in Baghdad, in support of the political process in Iraq. The council finally expressed hope that the Iraqi ministers of Defense, Interior and National Security Affairs will be appointed as soon as possible.

http://www.kuna.net.kw/Home/Story.aspx?Language=en&DSNO=869530

-- May 25, 2006 12:22 PM ∞

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Sara Madgid wrote:

Condoleezza Rice: Iraq War is Mideast's WWII
Thursday, May 25, 2006 10:39 a.m. EDT

The war in Iraq will transform the Middle East much the same way the last world war changed Europe forever, Secretary of State Condoleezza Rice said Wednesday.

"You don't have to be much of a visionary to just look a few years further down the road and see that that kind of stable Iraq could make the Middle East as different as we left Europe after World War II," Dr. Rice told the Fox News Channel's "Hannity & Colmes."

The top diplomat noted that the Middle East "has been ruled by authoritarian governments" that have "held back" the entire region. She blamed oppressive Arab regimes like Saddam Hussein's for producing "this ideology of hatred that led to groups like Al Qaeda."

Since the U.S. liberation, however, Iraq has been "going through a kind of important rejuvenation of culture, of people's rights," Rice said.

"It's hard, as big, historical changes always are, but imagine that, in the center of Arab culture, in Baghdad, a place that has a history as long as the culture of the Middle East itself, that you have a stable, multi-ethnic, democratic government that is a friend of the United States."

http://www.newsmax.com/archives/ic/2006/5/25/104223.shtml?s=rss

-- May 25, 2006 1:37 PM ∞

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Sara Madgid wrote:

Iraq police hail arrest of leading Sunni militant
Published: 5/25/2006

KIRKUK - Iraqi police said they arrested a senior commander of an Al-Qaeda linked militant group near the northern oil centre of Kirkuk Thursday.

Abdul Nasser Rahim al-Dulaimi, alias Abu Hanin, is suspected of masterminding attacks on US troops as well as kidnappings of foreigners for the militant group Ansar al-Sunna, police said.

He said the documents recovered included records of associates across the Sunni heartland of western and north-central Iraq.

The arrest followed the interrogation of three other Ansar militants detained on Wednesday, he added.

http://www.turkishpress.com/news.asp?id=125346

-- May 25, 2006 3:21 PM ∞

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Sara Madgid wrote:

Iraqi Army Officer Speaks Out About The Future of Iraq
Blackanthem Military News, AD DAWR, Iraq, May 25, 2006

As the Iraqi Army works toward freedom for all of Iraq, some Iraqi Soldiers believe they are seeing the fruits of their sacrifice – a better Iraq and the development of the entire Middle East.

"We are building a new future, not just for Iraq but for the whole world," Hassan said. "I see this purpose. We will sacrifice and rebuild our country and know we are not just helping Iraq, but the whole area."

Many countries throughout history have taken similar steps in their road to freedom. Each had difficulties with the transition, including the United States. All shed blood, sweat and tears making their freedom a reality. Those countries also had outside influences that helped them in their struggle.

"We feel Coalition Forces are doing a great job of training us and then letting us take our country back," Hassen said. "If they were to just leave at once, it would destroy our country and all the sacrifice and hard work would be for nothing."

"We Iraqis are not fighting one enemy," Hassan said. "There are a few people here that still support the old regime. That is one battle, but we also are fighting insurgents from Syria and Iran."

Hassan says that the leaders of the surrounding countries are afraid of democracy in Iraq and that the people will want democracy there as well.

http://www.blackanthem.com/TheAllies/military_2006052501.html

-- May 25, 2006 4:08 PM ∞

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Sara Madgid wrote:

JI training in chemical weapons
Natalie O'Brien
May 25, 2006

TERRORISTS linked to the group blamed for the Bali bombings are being trained in the use of chemical weapons that can cause widespread death and destruction.

Terrorism expert Rohan Gunaratna has warned that the authorities have proof Jemaah Islamiah has been training its operatives in chemical warfare.

"Al-Qa'ida has conducted experiments on dogs and rabbits exposing them to the fumes and forcing them to die harrowing deaths."

Australian Federal Police Commissioner Mick Keelty yesterday confirmed chemical warfare was an option that terrorist groups might consider, saying: "We do have to be prepared for biological and chemical attacks."

He said the interest of global jihad groups to manufacture, develop and use chemical and biological weapons such as hydrogen cyanide was growing significantly. Hydrogen cyanide is a widely used industrial chemical which in high doses is extremely toxic, causing laboured breathing, headaches, dizziness, hyperventilation, convulsions, heart attack and death.

Dr Gunaratna said JI had also been involved in training in al-Qa'ida's anthrax program in Afghanistan.

He said there had been past plans to move the anthrax laboratory from Afghanistan to Indonesia but the plans were thwarted by the "vigilance" of the Indonesian, Thai and Malaysian police and subsequent arrest in 2003 of JI operations chief Hambali.

Dr Gunaratna said jihadist groups around the world were keen to use chemical warfare and said governments should invest more in developing intelligence on these groups.

http://www.theaustralian.news.com.au/story/0%2C20867%2C19248166-2702%2C00.html

-- May 25, 2006 7:24 PM ∞

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Sara Madgid wrote:

Iraq: Bush, Blair Acknowledge Mistakes, But Vow To Stay On
By Nikola Krastev

WASHINGTON, May 26, 2006 (RFE/RL) -- In a joint press conference at the White House on May 25, U.S. President George W. Bush and British Prime Minister Tony Blair admitted they've made costly mistakes in the Iraq war, but nevertheless remain determined to bring the process of democratization of the country to its conclusion.

Bush said that despite what he called setbacks and missteps in Iraq, he believed the United States and Great Britain did the right thing by invading Iraq in March 2003.

Blair also said he expects the biggest threat to newly trained Iraqi police units to come in the next few months:

"Progressively, there will be more and more parts of Iraq that are policed by the Iraqi security forces themselves," he said. "But I also think you will find, probably over the next few months, there will be a real attempt by the antidemocratic forces to test them very, very strongly. Remember, a lot of the attacks are now happening not on the multinational force but actually on the Iraqi forces themselves, on their police, on their army, and so on. And the purpose of that, of course, is to deter them from the buildup of capability that we want to see."

'Complete The Mission'

Bush and Blair vowed to keep U.S. and British forces in Iraq until the new Iraqi government is capable of taking over security duties. Neither leader gave any timetable for a significant withdrawal of troops.

Incentives Vs. Isolation In Iran

Turning to Iran, Bush said the United States could consider providing incentives if Tehran first agrees to halt uranium-enrichment work. He said it was up to Iran to decide whether it wants to remain isolated by the world community because of its nuclear program.

"The Iranians walked away from the table," he said. "And I think we ought to be continuing to work on ways to make it clear to them that they will be isolated. And one way to do that is to continue to work together through the United Nations Security [Council]. If they [Iran] suspend [enrichment] and have the IAEA [International Atomic Energy Agency] in there, making sure that the suspension is real, then of course we'll talk about ways forward, incentives."

Bush reiterated that he hoped to resolve the dispute diplomatically.

Bush's comments came as the United States, Britain, Russia, China, France, and Germany have been seeking agreement on a package of incentives and possible sanctions that could be presented to Iran in a bid to persuade Tehran to halt enrichment.

http://www.rferl.org/featuresarticle/2006/05/70cb10ae-ee13-4616-8e29-545371d4266a.html

-- May 26, 2006 9:35 AM ∞

---

FIRST BOB wrote:

I read a lengthy article by a
Geologist who was trying to sell a monthly newsletter, but he talked about a four-state area with Colorado at the hub which had shale rock 1000' below the surface. The U.S. Govt owns 1800 square miles of this area. They can dig it out cheaper than Canada is digging its sandy oil and reap more oil per ton.
The process is somewhat easier than w/Canada inasmuch as they heat the rock and the oil oozes out. There is 2 trillion barrels of oil in this area, enough to supply all USA needs for 50 years.

The above venture is the most intelligent thing the USA has been involved in recently. The hottest issue in this Country is immigration and I believe Mr. Bush's 33% approval rating is about to drop further. Consider this:

No wall can be feasibly built which will keep illegals out. You plug up one area and they go to another.

Enforcing the law about hiring illegals will discourage newcomers and encourage many who are here to return.

Once the illegals are given amnesty, they will qualify for a myraid of govt programs
and they will no longer be so happy to work those undesirable jobs.

We constantly hear that we are the melting pot so send us your poor, underprivileged,
downtrodden and unwanted in huddled masses and they will be welcome here. When this policy was so popular, we had a barren land and offered nothing but an opportunity. Now we should charge an impact fee since immigrants immediately qualify for all our give-away programs.

The House of Representatives has the right idea with their bill, but if the Senate version passes, millions of illegals will pack their sack and bottle of water and start their journey to the USA.

Still venting.

-- May 26, 2006 11:34 PM ∞

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Okie wrote:

Our President is making comments that the new Government in Iraq is a history making event. The article below backs up his belief.

"In such confusing times I find it useful to listen to someone steeped in the history of the Arab world, someone like the Egyptian sociologist and democracy campaigner Saad Eddin Ibrahim, who was visiting Washington with a human rights group from the Carter Center.

Ibrahim compares the U.S. invasion of Iraq to Napoleon's invasion of Egypt in 1798, which punched the first big hole through which modernity could seep into the Arab world. It was the key ruler of Egypt after the Napoleonic invasion, Muhammad Ali, who started sending students to Europe, introduced secular education and ushered in a mini-Arab renaissance that culminated with the first Egyptian parliament, elected in 1866".

http://www.commercialappeal.com/mca/opinion/article/0,1426,MCA_536_4730562,00.html

-- May 27, 2006 11:26 AM ∞

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Sara Madgid wrote:

Iraqi politicians struggle to fill posts
By SINAN SALAHEDDIN, Associated Press Writer May 27, 2006

BAGHDAD, Iraq - Al-Maliki said Thursday he soon could be ready to name the two men who will be charged with carrying out his pledge to take over security for Iraq within 18 months, but Friday passed without word of the appointments.

The main Shiite, Sunni and Kurdish political blocs in the 275-member parliament resumed talks on the candidates Saturday afternoon, hours after al-Maliki's spokesman, Yassin Majid, said "probably this issue will be settled today."

Hashim al-Taie, a Sunni legislator involved the negotiations, complained nominees had been rejected by the dominant parties because they were former Baath Party members.

"This issue became a thorny one," he told The Associated Press. "We have not agreed on specific names and we hope that this issue is to be settled in today's meeting."

He said there were three candidates: two independents and a member of the National Accordance Front.

"They are all former army officers but were not Baath party members," he said.

http://news.yahoo.com/s/ap/20060527/ap_on_re_mi_ea/iraq

-- May 27, 2006 11:48 AM ∞

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Sara Madgid wrote:

Iran vows one billion dollars worth of projects in Iraq
Published: 5/27/2006

NAJAF - Iranian Foreign Minister Manouchehr Mottaki said Saturday his country was ready to help Iraq with an economic investment plan totaling one billion dollars.

"We are planning seven projects in the fields of oil, electricity, hospital construction and other services," he told reporters during his visit to the Shiite holy city of Najaf, south of Baghdad.

"The Islamic Republic has set aside nearly one billion dollars to help Iraq," he said, adding that Iranians were ready to come and implement the projects.

He said the projects could be carried out in the southern Shiite provinces or the northern Kurdish ones.

http://www.turkishpress.com/news.asp?id=125555

Am I overly suspicious or is my seeing a tide of invading Iranians taking up leadership places in each of these areas of "oil, electricity, hospital construction and other services" throughout Iraq as a negative development? Are they going to hand over these areas to the Iranians to run.. because they so badly need the money?

Are the Iranians creating instability so that they are the only ones who can freely move about in Iraq or are willing to invest in it?

Sara.

-- May 27, 2006 4:03 PM ∞

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okie wrote:

Sara...

I believe your suspicious thoughts regarding Iran are well founded. Clerics like Sistani and Sadr see their grip on power eroding with the formation of a Democratic Government and they will do anything and everything to retain power. I believe this would include selling out their country to the radicals in Iran. My hope is that the new Government will take swift action.

Some thoughts on freedon from President Bush....

"We have made clear that the war on terror is an ideological struggle between tyranny and freedom," Bush said. "Our strategy to protect America is based on a clear premise: the security of our nation depends on the advance of liberty in other nations.

"We learned an important lesson. Decades of excusing and accommodating the lack of freedom in the Middle East did nothing to make us safe."

Bush mentioned Syria and Iran specifically in vowing to pursue an end to repression in countries around the world.

http://news.yahoo.com/s/nm/20060527/pl_nm/bush_dc_2

-- May 28, 2006 10:22 AM ∞

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Sara Madgid wrote:

Iraqi Newspaper: Osama Ben Laden on Deathbed
28 May 2006 | 15:25 | FOCUS News Agency

Baghdad. The leader of the International terrorist network Al Qaeda Osama Ben Laden is on deathbed, the Iraqi newspaper Al Bayan al Djedid reports, cited by RIA Novosti. According to the newspaper the leader of Al Qaeda in Iraq Abu Musab al Zarqawi has left for Afghanistan due to the fact that Ben Laden is dying.

http://www.focus-fen.net/index.php?catid=138&newsid=89234&ch=0&datte=2006-05-28

-- May 28, 2006 11:21 PM ∞

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sherri wrote:

Breaking news: every one please have a look at the Iraq Central Bank Website....their is some thing new....all this time they were giving "Auction price selling dinar / US $" but now it is also for "Auction price buying dinar / US $".......a sudden change!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

-- May 29, 2006 1:08 AM ∞

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Okie wrote:

Good find Sherri!!! I hope it prints out ok below.....

The 691 daily currency auction was held in the Central Bank of Iraq Monday 2006/ 5 / 29 so the results were as follows :

Details Notes
Number of banks 16 -----
Auction price selling dinar / US $ 1476 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 33.060.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 33.060.000 -----
Total offers for selling (US $) ----- -----

Cash amounts sold to the bank and its customers were USD(29.000.000)at a rate of(1476+1+6=1483)IQD\USD .
The amount sold to make transfers abroad was USD (4.060.000) at a rate of (1476)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

-- May 29, 2006 11:44 AM ∞

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Sara Madgid wrote:

I don't see it as any change??

Wasn't it always like that?

Sara.

-- May 29, 2006 2:01 PM ∞

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Sara Madgid wrote:

Though buying transactions are RARE (as this article states) it has happened in the past..

Sara.

===

Iraq-Currency
Iraqi Central Bank sells $33 million
By Dergham Mohammed Ali

Baghdad, May 29, (VOI) – Iraq’s Central Bank on Monday sold $ 33.06 million to banks and customers in the daily tender.

On Sunday, the bank bought $29 million from state banks at 1,474 dinars a dollar in a rare buying transaction.

http://www.aswataliraq.info/modules.php?op=modload&name=News&file=article&sid=20399&mode=thread&order=0&thold=0

-- May 29, 2006 3:43 PM ∞

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Sara Madgid wrote:

Iraq Less Violent than Washington, D.C.
Monday, May 29, 2006 1:22 p.m. EDT

Despite media coverage purporting to show that escalating violence in Iraq has the country spiraling out of control, civilian death statistics complied by Rep. Steve King, R-IA, indicate that Iraq actually has a lower civilian violent death rate than Washington, D.C.

Using Pentagon statistics cross-checked with independent research, King said he came up with an annualized Iraqi civilian death rate of 27.51 per 100,000.

"It's 45 violent deaths per 100,000 in Washington, D.C.," King told Crowley.

Other American cities with higher violent civilian death rates than Iraq include:

Detroit - 41.8 per 100,000

Baltimore - 37.7 per 100,000

Atlanta - 34.9 per 100,000

St. Louis - 31.4 per 100,000

The American city with the highest civilian death rate was New Orleans before Katrina - with a staggering 53.1 deaths per 100,000 - almost twice the death rate in Iraq.

http://www.newsmax.com/archives/ic/2006/5/29/132706.shtml?s=rss

-- May 29, 2006 4:03 PM ∞

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Sara Madgid wrote:

Iran Set Up for Big Gains in Iraq
By ROBERT H. REID
The Associated Press
Monday, May 29, 2006; 1:19 PM

BAGHDAD, Iraq -- With a new Iraqi government in place, Iran is positioning itself to play a major role here at a time when American influence is showing signs of faltering.

That is worrisome to Iraq's Arab neighbors, especially Sunni-dominated countries such as Saudi Arabia and Egypt. But it also raises serious questions for Washington, including the wisdom of withdrawing entirely from Iraq when it has long been considered the eastern defense against Iranian expansion.

U.S. officials have long accused the Iranians _ though not necessarily the Tehran government_ of smuggling weapons to Shiite militias in Basra and perhaps also selling roadside bomb technology to Sunni militants _ charges Iran denies.

If the charges are valid, it may be that Iran wants to keep Iraq bubbling just enough to tie down the Americans and keep them from any military moves against Tehran.

http://www.washingtonpost.com/wp-dyn/content/article/2006/05/29/AR2006052900499.html

-- May 29, 2006 4:13 PM ∞

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Okie wrote:

Trends You Don't Hear About
May 29, 2006: There are a number of trends in Iraq that you hear little, or nothing, about in the mass media. For example;

@ The economy. GDP doubled from 2003 to 2004, and was up double digits in 2005. Inflation and unemployment have both been falling steadily. Yes, the terrorists are still at it, but in the background you will notice all those people going to work, all the new cars and all the new construction. While big companies have stayed away from Iraq, and all those nasty headlines, smaller firms have been more aggressive. Life goes on.

@ Agriculture. For thousands of years, Iraq was a food exporter. But as oil became a larger part of the economy over the past half century, agriculture declined. Now, for the first time in half a century, Iraq is exporting food. Agriculture has come back big time, mainly because many of the regulations government bureaucrats have piled on farmers for decades, have been eliminated. A farmer can now make a lot of money, growing food in the most productive agriculture land in the region.

://www.strategypage.com/qnd/iraq/articles/20060529.aspx

-- May 29, 2006 7:41 PM ∞

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Carl wrote:

Sara:
Interesting statistics on the death rates in the US vs Iraq.
Good researching..

-- May 29, 2006 9:34 PM ∞

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Sara Madgid wrote:

Carl;

The media don't say Washington D.C., Detroit, Baltimore, Atlanta, St. Louis or New Orleans are a quagmire of death and we ought to be doing something about them on the news? How come, when they have worse death rates than Iraq.. not violent enough deaths they can film and throw on the TV screen? Why aren't we pulling out of them?

Sara.

-- May 30, 2006 12:07 AM ∞

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Anonymous wrote:

hmmm due to time difference, i saw different thing than you guys did...yesterday, on Iraq Central Bank Website it was given as(because i had save that page):

Details Notes
Number of banks 17 -----
Auction price selling dinar / US $ 1476 -----
**Auction price buying dinar / US $ 1474 -----
Amount sold at auction price (US $) 43.520.000 -----
Amount purchased at Auction price (US $) 29.781.000
Total offers for buying (US $) 43.520.000 -----
Total offers for selling (US $) 29.781.000 -----

Cash amounts sold to the bank and its customers were USD(36.340.000)at a rate of(1476+1+6=1483)IQD\USD .
The amount sold to make transfers abroad was USD (7.180.000) at a rate of (1476)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

Note:the amount given in **, was never given in past(i am sure about it), this is what i am talking about......

-- May 30, 2006 1:33 AM ∞

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Anonymous wrote:

oppssss sorry, forgot to add my name :sherri , for the above post!!

-- May 30, 2006 1:39 AM ∞

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Anonymous wrote:

oppssss sorry, forgot to add my name :sherri , for the above post!!

-- May 30, 2006 1:40 AM ∞

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Carl wrote:

Folks:
In my opinion,the best way to think of Iraq is as an individual in the hospital. There are days when the prognosis for the patient does not bode very well,then the following week the patient seems to improve some. Usually, the improvement of the patient depends a lot on the patient themselve's, and how hard they are willing to fight. Experience shows that improvement takes time and is gradual. I can not think of anyone who one morning was on their death bed, and the next morning out chainsawing lumber.
Iraq has a lot of illness's such as; Iran supported militias, Fundamentalistic Insurgency, corruption within and outside of the government, weakened and inadequate infrastructure,political infighting even among their own political party, etc...

All of these, if the patient keeps fighting, will be done away with, but not tomorrow, next week, next month or next year. As long as the patient does not recieve a traumatic injury the prognois will be good, just not in the time frame that either you or I would like to see.

When I bought the Iraqi Dinar it was 1464 it has lost value since 1.5 years ago. Not significant, in that was to be expected in such a disfunctional situation.

Maybe... just maybe in 5-10 years we will see some profit from the dinar...by investment standards this is considered to be a short to normal span of time.

Watched Baghdad E.R. last night on HBO.....While it brought tears to my eyes, I made my heart swell with pride for those souls who are standing on the front line, day after day. Regardless, whether, they get a physical wound or not, I assure you the same individual who left the USA for an Iraq Tour, will not be the same individual that returns.

Here in Alabama, the 115 Signal Unit went and came back last fall. Over 30% of those guys are now affected by Post Traumatic Stress Disorder, which has symptoms such as cannot sleep for any length of time, pacing at night, jumping at sounds within the night,uncontroled anger, alcohol abuse, etc...Reported domestic abuse counseling has climb dramatically. A significant amount of the marriages within that unit have disolved since returning. Research shows that most of the spouses(male or Female) gave the same behavior traits of their significant other after their return. These are the ones with wounds who are not making headline news. However, this is not because of the Iraqi War. This is from the results of War period. I don't care what the reason is or what name you give it. There is nothing civil or sane about killing another individual, with whom you have not real personal anger toward. It is simply kill or be killed.
It is our soldiers who are standing the front line who are paying the price for our freedom and way of life.
So! if you see a soldier coming through a airport, in a mall, on the street. Stop! Them! Take their hand and let them know just how much you appreciate what they are doing for you and your family.

-- May 30, 2006 8:47 AM ∞

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Sara Madgid wrote:

Iraq PM ready to break deadlock on key ministries
Tue May 30, 2006 9:36am ET

BAGHDAD (Reuters) - Iraqi Prime Minister Nuri al-Maliki said on Tuesday he will overrule squabbling parties in his coalition and present parliament with his personal nominees for two key cabinet posts if they fail to agree this week.

.. he would exercise his constitutional right to put his own nominees to a vote. Parliament is next due to meet on Sunday.

http://today.reuters.com/news/newsArticle.aspx?type=topNews&storyID=2006-05-30T133851Z_01_MAC047896_RTRUKOC_0_US-IRAQ-MALIKI-MINISTERS.xml&archived=False

-- May 30, 2006 11:59 AM ∞

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Sara Madgid wrote:

Three prominent Zarqawi aides killed in Sowera

Waset, May 30, (VOI) – Three top aides of ultra-militant Abu Musaab al-Zarqawi were killed in Sowera town (150 km north west of Kut) in clashes with local police forces, an Iraqi police source in Waset province said on Tuesday.

“Three of the most wanted (militants) who belong to Zarqawi’s al-Qaeda group, were killed in clashes with the emergency regiment in Sowera,” the source told the independent news agency Voices of Iraq (VOI).

“They are among the top aids of Zarqawi in West of Sowera, Waset province, and the adjacent areas,” added the source who declined to be named.

No details were available..

http://aswataliraq.info/modules.php?op=modload&name=News&file=article&sid=20448&mode=thread&order=0&thold=0

-- May 30, 2006 12:23 PM ∞

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Sara Madgid wrote:

Yes, Carl.. as you said.. it is not an unsolvable situation.. it just takes time and working at it. Thanks for the great post of your thoughts. :)

Sara.

===

Iraq PM ready to use force on Basra oil "gangs"
Tue 30 May 2006 9:39 AM ET
By Mariam Karouny

BAGHDAD, May 30 (Reuters) - Prime Minister Nuri al-Maliki will fly to Iraq's second city Basra on Wednesday to end faction fighting among fellow Shi'ites and said he is ready to use force against "gangs" holding oil exports and other trade to ransom.

"We must restore security in Basra and if any defy peaceful solutions then force will be the solution," he told Reuters on Tuesday.

"There's no way we can leave Basra, the gateway to Iraq, our imports and exports, at the mercy of criminal, terrorist gangs. We will use force against these gangs."

In an interview three days after a small Shi'ite faction warned it could halt oil exports from Basra to win concessions in Baghdad, Maliki said: "I will go tomorrow with a delegation from the government and from the parliament."

"We will spare nothing to find a solution," he added, saying he would stay in the city beyond Wednesday if needed.

"We will work on reconciling tribes and religious figures and political parties, and also increase the security presence to stop the criminals," he said.

"We have to go to find solutions ... We have a crisis but it is not an insolvable crisis and, God willing, our efforts will be enough to find solutions acceptable to all sides involved."

http://today.reuters.com/News/CrisesArticle.aspx?storyId=L30182670

-- May 30, 2006 12:38 PM ∞

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Sara Madgid wrote:

SCIRI ponders new system/structure, disbanding militias, integration into security forces

SCIRI ponders developing internal system, structure
By Dergham Mohammed Ali

Baghdad, May 30, (VOI) – The Supreme Council of Islamic Revolution in Iraq (SCIRI) is considering developing and changing its internal system, its structure and political message including its name, a prominent legislator said on Tuesday.

The changes will include SCIRI’s Badr organization (militia).

Taqi said the council was working with Badr to activate a law that provides for disbanding militias and integrating members into domestic security forces.

“Badr organization was the first militia to dissolve itself and merge into the state’s security organizations,” he added.

“A strong government cannot exist in the presence of armed groups that are beyond the rule of law. The security issue should be in the hands of the government alone,” he added.

http://aswataliraq.info/modules.php?op=modload&name=News&file=article&sid=20464&mode=thread&order=0&thold=0

-- May 30, 2006 12:46 PM ∞

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Anonymous wrote:

A win ...win ...win ...situation......

1. Dig a moat along the length of the Mexican border.

2. Use the dirt to raise the levies in New Orleans

3. Put the Florida alligators into the moat.

Any other problems you would like me to solve?

-- May 30, 2006 6:30 PM ∞

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Roger wrote:

Hi, Im Roger,

I'm new to this site, and have read the postings with interest. I must admit that the volume of postings are incredible, and had to do selective reading.

Some of you however are very dominant, and only a few names occupy the vast majority of posts. Nothing wrong with that per se, but posting endless references to news and articles is wasted time. I appreciate the fact that you can not have an informed discussion without having data, but if the volume of posts are news references in an effort to enlighten us, then this is a newsbulletin board, not an Iraq Dinar discussion board.

I'm completely able to look up the Iraq News myself, thankyou.

I had great interest in comments on this site from soldiers and contractors, having been there, or writing from there, thats very valuable information.

I, as well as fellow investors are interested in the comings and goings in Iraq, even though some of the sites here seem to express some urgency, and perhaps lack of patience. I firmly believe Iraq Dinars investment is a more long term investment rather than a "quick buck". Hopefully it will pay out handsomely, (we all wish...right), and preferebly before we have lived out our life.

I just think that the mindset I had when I was in my younger years will not cut it, always first at the redlight, always speeding, and always rolling my eyes in me not understanding howcome five minute epoxy took so long to cure.

It will get better over there, but not tomorrow. Social changes is, and have always been a painful process.

Northern federation and southern confederacy, had two completely different views on life, so much so that it was worth a war.

It was not a calm period after the war, southern ex-rebels (like Jesse James), refused to see the light.

It took years to fully control all the territory after the war.

Germany same thing, secret cells and saboteurs was operating for some years in Germany afterwards.

As all the countries got liberated from the germans,each country had their "night of the long knifes".

Iraq have had a very very long time in supression, and you bet that there is scores to settle, positions to hold, evils to cloak, and jockeying for advantages.

This would not come as a suprise or chock.

It's a natural evolution after a war.

What suprised me was that the US goverment had not read the history books.

The Preussian army did a suprise attack on France, during the Preussian/France war (1880 I believe), by going through the Ardenne forest.

Big suprise.

First world war the germans did a suprise attack on France by going through the Ardenne forest, got almost to Paris with that move.

Big suprise.

In the second world war the germans took France by a suprice attack through the Ardenne forest.

Big suprise.

At the end of the war the germans did a suprise attack on American and Brittish forces by going through the Ardenne forest, they almost got to the sea.(Battle of the bulge)

Big suprise.

They were ultimtely repelled, but pulled off the suprise factor four times, doing the same thing.

How hard can it be to read yesterdays newspaper.

So we have had a war, and now its instability, so whats your point, suprised?

It will get better, any human being want to survive, things just has to play its course in Iraq. Let time take care of things.

I think the investment opportunity is right now, the world are getting one bad instant re-play of a carnage after the other, and to not put any morality in any of that, but from a pure financial investment viewpoint, thats great news, as it will during this instable period keep the Dinar extreemly down.

However I dont think that the "investment window" will last forever.

It will come a time when the mindset in the Iraq people will swing towards peace and stability, but I dont honestly think it will happen before Saddam has been hanged.

When that fact is announced, something big will be lifted from the minds of the Iraqis, it will be an acknowledgement that it's somehing that will never be able to come back.

I dont think they will appreciate their democracy, until after Saddams death, because in order to evaluate anything you must compare it with something of similar magnitude, and Saddam is the only thing Iraqis can compare anything with right now.

I'd say, hurry up with your investments, its not a forever thing, they'll hang him at one time or the other, and that will most probably be the end of the current situation.

Iran will ofcourse have to be dealt with, for the sake of human survival, but I do not think (as opposed to many others) that Irans destiny in itself will be a bigger influence on Iraq, They will have an influence , but Iraqs destiny will be set by Iraqis themself, they are a proud people, and will not be ruled from Teheran more than US is influenced, but is not ruled from Canada or Mexico.

As long as the basic principles FREEDOM, is aimed at, in all its forms, freedom to speach, freedom to print, freedom to worship any religion, freedom to ...(well you got it), Iraq will have a winner.

Unfortunately, democracy is a very clumsy vessel, but history has proved that is the best one. But remember here, its a vessel to reach the different principles of FREEDOM.

Hitler got elected, Palestinians elected Hamas, Soviets had elections, and I believe even in Cuba, you can go to electoral boxes.

Democracy in itself is not freedom, only when democracy STANDS for freedom.

Iraq has all that, now just let them figure it out, and that will take care of that.
They've got wobbly feet right now, but I'm not worried.

Time and communication will take care of things, right now it might be the cooles thing for a young arabian boy to swing an AK47 and scream his lungs out, for some cause.

In time he will get other problems, his kids need braces, his car needs a clutch and he will hate to go to that family reunion.

In time his kids will think its cool to have green hair, and studded eyebrows and when his dad will try to indoctrinate them in Jihad, they will say..."are you nuts?

It will not change overnight, and this is my 2 cents worth why I think this is a long term investment, and not a daily nailbiter.

Roger

-- May 30, 2006 9:51 PM ∞

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Ron wrote:

Hi all,just been reading for a long time now.I am still ready for the dinar train everyone.I do smell something cooking tho"maybe a pig".
Good luck to all and Iraq.
Ron

-- May 30, 2006 10:11 PM ∞

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Roger wrote:

A footnote to earlier posting,

When I say it will take long time for recovery in Iraq, and with the same breath Im saying , hurry up to invest, the "investment window" will not last forever, I need to explain myself.

I believe that when Saddam is hanged changes will take place, but it will take years to bring Iraq up to a modern, functional stable country.

I should rather have said, hurry up, the "investment window" where you can buy cheap, artificially low Iraq dinars will close after Saddam swings.

Ok Roger

-- May 30, 2006 10:30 PM ∞

---

Carl wrote:

Roger:
I like how you expressed your views. .... to me they are practical and project a reasonable view of how time is just another ingredient needed for change to take place. I enjoyed reading your post....it is obvious you are a student of history, and realize that history is a proven indicator of human nature. You are right...I wish some of our officials were of the same.
Welcome aboard

-- May 30, 2006 11:06 PM ∞

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Sara Madgid wrote:

Iraq imposes state of emergency in Basra

Iraq imposes emergency in Basra
Wednesday, 31 May 2006, 13:58 GMT 14:58 UK

Iraqi PM Nouri Maliki has declared a month-long state of emergency in Basra, which has been plagued by sectarian clashes, anarchy and factional rivalry.

Visiting the city, Mr Maliki said he would use an "iron fist" to crush those who threaten security.

The prime minister has accused criminal gangs of holding the city's oil exports and other trade to ransom.

http://news.bbc.co.uk/1/hi/world/middle_east/5032294.stm

-- May 31, 2006 10:36 AM ∞

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Rob N. wrote:

All:

I have been watching the news closely since the secterian violence began. For the country of Iraq to be successful and for the NID to trade well on currency exchanges around the world; it is imperative the U.S. get a handle on the insurgency.

I know this is not a revelation to anyone, but the clock is ticking on the George W. Bush Presidency. Our window of opportunity is closing with each passing day another car bomb explodes or another U.S. soldier dies.

Unless Iraq is successful, 2008 election may be where we loose all we have invested in the Iraqi Dinar.

Thanks,

Rob N.

-- May 31, 2006 2:35 PM ∞

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Okie wrote:

This is good news....Maliki is off to a good start in the security department.

BASRA, Iraq (Reuters) - Police and soldiers set up checkpoints and searched cars in Iraq's second city on Thursday in a first test of new Prime Minister Nuri al-Maliki's ability to restore stability with an "iron fist" security crackdown.

A day after he declared a one-month state of emergency in key oil hub Basra, the tough-talking Shi'ite Islamist said in Baghdad he planned to present his candidates for the interior and defense ministers to parliament on Sunday.

http://news.yahoo.com/s/nm/20060601/wl_nm/iraq_dc;_ylt=Ah2XINkRRUzdOTasOV7N89MUewgF;_ylu=X3oDMTA4NTMzazIyBHNlYwMxNjk2

-- June 1, 2006 10:44 AM ∞

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carl wrote:

Had The Opportunity
To listen to C-Span this morning.They were showing Maliki giving a speech in Basra.
My impression of him, is a man who is doing everything he can to bring ALL of the Iraqi people together. He talks about a 4 year plan to bring the security of the Iraqi Nation together, and eliminate the insurgency and anyone else who is presently interfering with the New Iraqi Government's success. I found myself wishing that man was one of our own leaders.
You could tell he was speaking from the heart and what he was trying to get across to all of the Iraqi citizens, he truthly believes in. He didn't need to read some speech someone had written for him. I believe if Iraq has a chance it is under this man's guidance. Now! that I said, that....I'll probably in up with egg on my face...but that is my first impression.... There is always the right person to fill a slot for a certain period of time. I believe he is that man....
I found myself agreeing with everything he said....not once did I detect that he was blowing smoke or being flaky.
Got my fingers crossed

-- June 2, 2006 7:15 AM ∞

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Bill1 wrote:

That's just what the Iraqis need right now ..."A Great Communicator". Someone who speaks from their heart about national pride and unity. Someone who can impassion them and influence them through firey and sincere, motivational speaking. Someone to lead by example ...to help them believe in themselves and their future.

Maliki sounds like an Iraqi version of our Ronald Reagan. And, while President Reagan wasn't perfect he was certainly one of the better leaders to this country, and helped to get us moving in the right direction.

Sadly though, now that Maliki has demonstrated a good amount of virtue in regard to his duties, there are probably a number of corrupt individuals targeting Mr. Maliki at this very moment ...plotting various ways to remove him from power, as he most certainly stands in the way of their agenda.

I truly hope he's not just blowing smoke, and that he can stay in power long enough to really get the country on it's feet ...and on the road to prosperity.

It's going to take an "Iron Fist in a Titanium Glove" to face all of the challenges that lie ahead of him.

All the best to him ...and to us as well.

Bill1

-- June 2, 2006 8:33 AM ∞

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Sara Madgid wrote:

Iraq veteran sues Michael Moore
Friday, June 2 2006, 11:48 BST - by Fiona Edwards

A veteran of the war in Iraq is suing filmmaker Michael Moore for using footage of him in Fahrenheit 9/11.

Sgt. Peter Damon, 33, claims that Moore misused footage of him lying in a hospital bed without his arms to portray him "in a false light" and as "disagreeing with the president about the war effort and as disagreeing with the war effort itself."

"It was kind of almost like the enemy was using me for propaganda. What soldier wants to be involved in that?" Sgt. Damon told CBS's local television news. "I didn't lose my arms over there to come back and be used as ammunition against my commander-in-chief."

In Moore's film the footage of Damon follows a statement by Democratic Republican Jim McDermott of Washington, who says of the Bush administration: "You know they say they're not leaving any veterans behind, but they're leaving all kinds of veterans behind."

"The work creates a substantially fictionalised and falsified implication as a wounded serviceman who was left behind," the complaint said.

http://www.digitalspy.co.uk/article/ds33699.html

-- June 2, 2006 8:34 AM ∞

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Terrance wrote:

Memo to Roger:

Welcome to the NID jungle. Grab a vine and swing on in more often.

I would agree on some of your points and gently disagree with others.

I agree that it takes time to gain a level of stability after a paradigm shift in government from one power to another, and from one system to another. Upheavel, unrest, and violent resistence are all part of the transition when new forms of government attempt to take root. History does prove this over and over again. That means an element of time is at play and patience is required on our part.

But remember, although after WWII the Nazi party had a resistence group, the masses of Germany were not with that insurgency in thought process or spirit. There was no cultural divide between an American and a German, and the German people didn't hate Americans. Both peoples were of Western thought - a solid common ground of thinking processes.

But in Iraq and the Middle East in general we are hated by not only the insurgents, but most of the people as well. We are the Great Satan to them. They think differently....insanely acutally. Need proof of that? Read President Amanidijad's letter to George W. Bush. This Iranian President is widley accepted in their culture - here he would be branded as certifiably insane. Their core beliefs are rooted in a capricious God, and they act the same unpredictable way. Some, who are friendly to us in the region are in actuality just tolerating us at best.

This situation in Iraq is a much tougher row to hoe than those after WWII. Yet, I believe it can be done, as you say, with enough time and effort. The question is: Will it be done? On that - the jury is still out.

But I disagree that Saddam's execution is going to change anything of significance in regard to the insurgency, or peace within Iraq. The current insurgency in Iraq has very little, if any, to do with the old hard line Baathist party who were loyal to Saddam, they have been assimilated into the new movement sponsered in large part by Iran. This current insurgency is fueled by the influx of terrorists sponsered by Iran and that insane regime.

Therefore - the future of Iraq may very well hinge on the Iranian situation. That is the ball we all need to keep our eye on in the months to come.

Remember, for NID success we need not only stability within Iraq, but regional stability. If Iranian President Amadanijad continues on his course of pursuing a nuke coupled with his inflamed rhetoric, then conflict is inevitable. That turns our beloved tickets on the NID train into glorified rainchecks with no make up date in sight.

Whether Saddam hangs today. tomorrow, or never matters very little at this point in the big picture of the NID.

Roger baby - one more thing. Remember that "is" follows a singular noun, and "are" follows a plural noun. It will make your thoughful posts even better.

Surfs up on the West Coast -

Sara, Carl, Ron, Okie, Outlaw, and all the rest - Have a great weekend!

Out-

Terrance

-- June 2, 2006 3:24 PM ∞

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Sara Madgid wrote:

Analysis: Iraq War Ties U.S. Hands on Iran
June 2, 2006, 11:19AM
By ANNE GEARAN AP Diplomatic Writer

VIENNA, Austria — With U.S. forces and fortunes lashed to Iraq for years to come, nations that the United States cannot afford to alienate can insist that Washington give diplomacy every chance to succeed before resorting to economic punishment or military force, foreign policy scholars said. Even many American allies believe the Iraq war was avoidable.

"The Iraq example coupled with the North Korea example probably is part of the motivation for some in Iran to get a nuclear weapon," and do so quickly, said Ken Pollack, research director at the Brookings Institution's Saban Center for Middle East Policy.

Iran absorbed the lessons of those other two nations that President Bush linked as a three-way "axis of evil," Pollack said.

"We didn't invade North Korea because they had a nuclear weapon. We did invade Iraq because they didn't have a nuclear weapon but we thought they were trying to get one. If you're Iran, what is the logical lesson?"

Both North Korea and Libya feared U.S. military action, and used their weapons programs as leverage to get Washington to make a deal.

The Bush administration strongly resisted calls from allies and others to negotiate with Iran. Some conservative policy-makers have repeatedly accused Iran of funding and sowing terrorism.

Rice decided about six weeks ago that the stalled European efforts to bargain with Iran were doomed unless the United States lent its weight to the effort, aides said. She drew up a timeline for U.S. involvement that would try to resolve the impasse before the end of the year, and conditioned U.S. involvement on suspension of uranium enrichment activities that have alarmed the West.

Rice announced the U.S. overture Wednesday morning, and worked the phones in Washington for hours to blunt criticism from conservative leaders and writers.

The deal she helped broker in Vienna would give Iran economic incentives and international help developing a peaceful program to produce atomic energy if it gives up activities the West suspects are aimed at building a bomb, diplomats said.

http://www.chron.com/disp/story.mpl/ap/world/3922754.html

-- June 2, 2006 5:19 PM ∞

---

Sara Madgid wrote:

Media scoundrels Vietnamize Iraq
Posted: June 2, 2006
1:00 a.m. Eastern

I've never been angrier in my life about current events and the world of politics than I am over the media's current obsession with smearing our military.

While left-wing organizations are busy proclaiming how they've been successful in undermining the war in Iraq, turning popular opinion around to a 75 percent disapproval rate for Operation Iraqi Freedom, the media are playing guilty accomplice with the enemy while men and women are dying horrible deaths.

Our sons. Our daughters. Our sisters. Our brothers. Our friends.

The heroic men and women of the U.S. military have liberated a country from a murderous tyrant who threatened American national security, and the thanks they get is to face an enemy at home that is almost as determined to see Americans lose in Iraq as the terrorist insurgents themselves.

Despising the media more than I ever thought I could, hating that I have to spend one minute defending our troops from their attacks, let's look at the latest insult with clear eyes, a sense of proportion and something that your networks, newspapers and magazines are incapable of – context.

The facts of that fateful day

Nov. 19, 2005, was a fateful day in the ongoing insurgency raging in Iraq.

Twenty-four Iraqis and one Marine soldier died in Haditha, Iraq, after a roadside bomb exploded, slicing in half the body of Lance Cpl. Miguel Terrazas. In the wake of the attack, Marines came under small-arms fire, and 24 Iraqis died in the firefight that ensued. There are currently ongoing investigations into the attack that took place that day, and no Marines have yet been charged with any wrongdoing.

Questions surrounding the incident in Haditha

There are many questions that remain unanswered about what really happened in Haditha. Was it a case of improper conduct by a handful of Marines, or were our troops reacting with appropriate force following an attack on one of their own? Was this a case where the insurgents used women and children to provide cover – like they had so many times before?

Lance Cpl. Terrazas' family told Newsweek that they doubt the reports of improper conduct by Terrazas' fellow Marines.

Similarly, the family of Lance Cpl. Brandon Dewey, who died two months later, reported that women and children in that area of the Sunni triangle had been throwing explosives at soldiers. Brandon's stepfather, Scott Conover, told me that critical piece of information yesterday morning, which could have been checked out by the same reporters willing to convict the troops in the court of world opinion.

THE MEDIA: Judge, jury and executioner

It's apparent that most reporters have already come to the conclusions that the Camp Pendleton Marines are guilty of cold-blooded murder.

Comments like this coming from representatives of our major news outlets are both outrageous and unacceptable. The media have made it clear that they no longer consider themselves to be outlets for divulging facts; they are now instead judge, jury and executioner.

In another report on the activities in Haditha, the Washington Post intentionally twisted the words of Brig. Gen. David H. Brahms to suggest that he had concluded the events in Haditha would have an impact that was "worse than Abu Ghraib."

Gen. Brahms was incensed by the Post's report and responded with this statement:

Recent reporting on the events in Haditha, Iraq, have included significant factual errors and/or misleading statements. This includes a quote attributed to me in the Washington Post this morning that was taken completely out of context and its meaning distorted. Many facts that are favorable to the Marines involved have not yet been disclosed.

Not only have our major media outlets decided to judge our Camp Pendleton Marines before the investigation is concluded, but they have gone to great lengths to misrepresent what other military officials are saying, all in an effort to make our troops look guilty in the eyes of the public.

Ongoing investigation

Let us not forget that this is an ongoing investigation. These Marines deserve nothing less than our complete support until and unless wrongful conduct has been proven. There is no doubt that if these Marines engaged in improper conduct, then they should be charged and punished as such.

And one final thought. Our military has a system of justice that is one of the finest in the world. Whatever happened that hellish day in Haditha, none of the people on our side beheaded anyone with a video camera recording the last horrific moments of life and then played it for the world to see on Al Jazeera.

And yet for some reason, the "Blame America First" news media don't recognize that difference. They lie to themselves when they fail to acknowledge the moral differences in the conduct and intentions of the competing sides in the war on terrorism.

And it is by lying to themselves that so many reporters can rationalize their inner desires to see America lose in Iraq and fail in the war on terrorism.

That's the real story.

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=50473

-- June 2, 2006 10:23 PM ∞

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Sara Madgid wrote:

Turns out INNOCENT UNTIL PROVEN GUILTY is still the wisest policy... they are INNOCENT.

Sara.

===
Officials say U.S. troops used appropriate force in Iraqi raid
Posted on Fri, Jun. 02, 2006
By Drew Brown

WASHINGTON- U.S. military investigators have concluded that there's no credible evidence to back up claims that U.S. troops killed as many as 13 Iraqi civilians during a raid on a suspected al-Qaida hideout in March, military officials said Friday.

Maj. Gen. William Caldwell IV, spokesman for Multi-National Force-Iraq, said in a statement issued from Baghdad that U.S. forces killed one suspected terrorist and captured another during the March 15 raid in the village of Ishaqi, about 60 miles north of Baghdad.

Allegations that U.S. forces executed a family during the raid, then covered it up by directing an airstrike on their house "are absolutely false," Caldwell said.

After the raid, Iraqi police accused U.S. troops of herding at least 11 people into the house and executing them.

"The investigation revealed the ground force commander, while capturing and killing terrorists, operated in accordance with the rules of engagement governing our combat forces in Iraq," Caldwell said.

http://www.realcities.com/mld/krwashington/14729036.htm

-- June 2, 2006 10:46 PM ∞

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Roger wrote:

Hi and thanks for the thoughts on my first postings, most interesting and some very thoughtful.

English is not my second language, but perhaps my third or fourth, so please Terrance, Im doing my best, but I appreciate a nudge toward better grammar.

Im yur newt Enklisch tetcheret.

What krawls???

Snaket!!!

How's my English compared with your Swedish?

It doesn't matter, we'll all habla Espaniol in a matter of years.

Ok, from grammar to immigration to... where are we now???? Iraq Dinars, ok.

Terrance had a very deep thought out perspective and I must in part agree to the observation.

The muslim world is a far more different place than Germany, admitted.

I did however got a bit of "hopeless", impression after reading the post.

I've looked into the situation myself, and being a non muslim I could easily be accused of not understanding it.

I do however, for the sake of not trying to solve the muslim evolution process, but from a perspactive of investing in the Iraq Dinar, think that better times are ahead.

True, just by mentioning USA, America or anything associated with it, it seems to immediately put any other data assiciated with it, in the conspiracy box. It is a far different culture.

Magazines like Enquirer, and similar papers you can find in the checkout stands here, posing a 500 pound baby, a B-29 on the back side of the moon, and photos of UFO implanted alien chips in the head of people, is the kind of journalism that we laugh at here.

In Arabian countries that kind of journalism is mainstream.

"The evil jew Icenberg sank Titanic".

The Arab and islamic countries never had a paralell evoloution with east or west.

Starting from the middleages, we were pretty much in par with the Islamic world.

We stayed there pretty much until the renesance, it happened here, but not there.

The reformation, it happened here, but they have never had a Martin Luther challenging the autority of the church.

Galileo, Newton, Voltaire and other heavyweights was cornerstones in our culture, they might have had a few of those, but would quickly have been beheaded, and their names forgotten.So, it happened here, but not there.

The freedom movement at the end of the 1700,s swept not only continental America and France, but had vast implications, and working goverments to varying degrees was now in existence. It happened here, but not there.

The industrial revolution in the 1800,s happened here, we was able to collect and implement wisdom. it didnt happen there.

Deep soulsearching questions like, can a man own another man, was possible here. It was even worth a war to settle the legal question.That issue has never been approached there, put a sack over the woman and thats it.

We had the racial moral question in the freedom movement in the late 50's, early 60's. The change happened here, they have never experienced that change in the mindset.

The sexual revolution in the -60's happened here, not there.

Islamic countries was pretty much at a standstill for 1500 years. The culture is tribal.

The western culture has come like a juggernaut over the islamic society, in a historicaly very very short time, they are overwhelmed with cellphones, cars, internet, and western sins.

I am fully fully aware that the transition will not be easy, and a lot more struggle is ahead, but it's basically not our struggle, it's their own struggle to find their own true identity in all of this.

I read somewhere that 45 years ago, 50% of the people in Rhyad was still living in tents on the desert floor.

The people in the arab culture is painfully aware that they love cars, phones, airplanes, computers and TV as much as anyone else on the earth, but have a hard time admitting that none of the newfound toys are invented, or produced in their countries.

That is in itself an embarrasment to their own existence.

It will take some time because what is a blessing for us....oil...is very much in the way for the Arabs countries to themselves develop all the goodies on earth. They just pump it and buy the toys, and keep on being tribesmen.

The gradient they are facing is steep, and when a student is faced with too steep of a learning gradient, he will fall down more often than not.

That's what were looking at now, and for us its so contradictory that they hate anything that will change their lifes for the better, still their life is changing in a very fast pace.

Just old resistence to change.

Nothing new.

The apparent fight is the "Jihad" groups, the "Israeli occupation", the "American bla bla.." endlessly.

A cartoon of Muhammad, ...lets burn some embassies, and have a nice riot.

You may have listen to interviews from arabian countries, here's the guy standing in front of the camera and in an endless speach blaming anything and everything, it almost sounds like a rehearsed speach.

For him our pure existence is a threat to his way of life.

There is though, however, a change taking place.

I've been following the internal news in arab countries, and things that was impossible ten years ago, maybe even three years ago starts popping up more and more.

The notion that -"We are ourself responsible", seem to come to light in different forms , expressed in many ways in their colorful language.

That after thought, that reflection is the one that will change their ways.

West also has a weak spot in allowing bad culture to take place, we're suppose to be sensitive to religion, habits and customs of other peole.

Mayan heart ripping offerings was culture, customs and religion.

There are good and bad culture, and the judge is the greatest good for the greatest number.

Arabian culture is in western (and most eastern) civilizations judged to be very out of sync with human rights, but protected by other cultures as an understanding of their religion.

So half of the population , women, are property, and its not argued here in the west because the issue is "religous".

Thats the keyword for most crimes comitted.

Only when it happens on our soil, do we see it as terrorism, and we are quick to get a concession that this is not religious, but fanatical extreemists and so on.

The arabs have to face the light themselves on all these issues, and thats not going to be a weekend maneuver.

That struggle set aside, and just looking at iraq and the Dinar.

Will there be peace in the valley, ofcourse.

Just because they hate America, and everything related to them, doesnt mean that the country can go back to a stable situation.

I strongly doubt that anything American have any bigger symphaties in Saud
Arabia, Dubai, Kuwait or any other oil producing nation.

Still, they dont have the fight the Iraq have now, they have an up and producing oilindustry, they have a high valued currency.

This, despite that the mindset with regards to USA is probably not much different in those countries.

Also, it's not the whole Iraq country that is in turmoil, but only three or four provinces.

It's like judging the whole California, if St Clara, Fremont and Santa Cruz county, was in turmoil.

What I'm trying to convey here is that there is , despite all the bad news, light at the end of the tunnel.

Iraq follows pretty much the same historical pattern for recovery, as war recovering countries from the past. True all had their special circumstance, some did it quicker, some slower, but it follows the same pattern nevertheless.

So for the investment in Iraq Dinars, its a time thing, when,?? ...wish I would have a crystall ball, but let it play itself out and it will be just fine.

I can understand that anyone that has invested in the Dinar is very interested in how things are going there, and with every new "bad story" newscast the mood and hope for the Dinar stash, tucked away in the madras, will swing from desperacy, to hope to panic, to....just turn off the TV.

Roger

-- June 3, 2006 11:34 PM ∞

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Okie wrote:

This looks like good progress to me. I also heard from friends that after the two posts are filled a major battle will commence against the bad guys. I think Malaki is deadly serious in his quest for stability.....

BAGHDAD, June 4 (KUNA) -- The Iraqi parliament's session was delayed Sunday amid reports that the parliamentary blocs have agreed on the candidates of the interior and defense portfolios in the cabinet chaired by Nouri Al-Maleki.

The session was scheduled to be held at 11:00 local time but it was delayed.

Meanwhile, the Iraqi television quoted MP Hassan Al-Sanid saying that the Premier, Al-Maleki received positive indicators from the parliamentary blocs over the names of the interior and defense ministers.

Al-Sanid said that Al-Maleki won the approval of the blocs over the appointment of Farouk Al-Aaraji as Interior Minister and Abdulqader Al-Obeidi as Defense Minister.

He expects these two candidates to win over 70 percent of the MPs' votes.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=873036

-- June 4, 2006 8:22 PM ∞

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FIRST BOB wrote:

Roger:

Welcome aboard. I think you will be a valuable addition to the T&B.

You posts are entertaining and educational and contain somewhat of a philosophical flair.

You apparently have a wealth of knowledge of history. Please continue to share it with us.

I have mention immigration several times in the past as I see this great influx of illegals as being detrimental to this country. The only way to slow immigration is to take away the incentive to come here. Stop hiring illegals, it's that simple.

The political partys want these votes and would like to make citizens of these illegals so they can get them.
They don't want to alienate the illegals because the legal immigrants are sympathetic to their former countrymen.

I do not believe at this point that the USA is serious about controlling immigration.

-- June 4, 2006 10:23 PM ∞

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Roger wrote:

Thanks, "First Bob", appreciate it.

My brain will, after my death, be donated to the Smithsonians...no just joking.

I'm sucked in on the subject of Illegal Immigration, knowing this is a site about Iraq Dinar investment, but you got me going so I feel I just want to do a short deviation with you on this subject.

The reason I came here, was I met a lovely woman, got married, and the choice of taking her to my former country would have made it too hard on her, she was at the time playing fiddle in a folkmusic band, so we decided both should stay here.

I'm not an uneducated, hungry guy coming form the south. in fact I left a senior, well paid position. (Women always screw up ones life ...eh?)

Anyhow, my dealings with the INS is something I learned quickly to do via lawyer, and lawyer only.

The immigration procedure was that one of humiliation, days in lines, and very rude people. They treat legal immigrants like cattle.

At the same time they do sqat shit diddlely nothing about the millions and millions of illegal immigrants.

I consider myself an able man, and are making a six figure income, I also work hard and put in many hours.

This land has not given me anything but one very very important thing, it has given me the opportunity, to create myself a well paying business, sailboat, Mercedes, and a flashy wristwatch.

(Oh man,... the wristwatch was the dealbreaker...)

I pay probably more taxes than three ordianry working families put together, and I'll happily do that, having what I have, doing what I do.

Also I must say, "pursuit of happiness", I'm happy where I am. Also I consider I have created my own happiness.

I arrived with a suitcase.

I followed the rules, I put a fingerprint in every darn square they wanted me to put one in.

I pay my bills, I pay my speeding tickets, and I dont cruise in the passing lane.

Here's Mr Gonzales, doing a dash over the border, and last time I checked he's also bringing his sister, brother, nephew and his friends along.

Schools are clogged up, freeways are clogged up, emergency rooms are clogged up, and were having a debate about this.

I'm paying, you're paying and in the media we're suppose to "understand all sides of the issue".

So, we're debating (in the meanwhile another two thousand just made it over the border)

This is something that really upsets me with this country.

We have a cop in every corner.

In my old country, I was living in a commune(county), with 50.000 people in it. We had 45 Police for that whole area. just by coincidence, the county I moved to in the US also have 50.000 people living in it.

The Sheriffs dep have 155 deputies, the city office have another 23 police officers, down the road there's Highway patrol, with 42 officers employed, and up the road a bit is a Forest Service Center with 65 Rangers.

All of those people have a badge and a gun and have promised to upheld the law.

I can't go from my home, to Walmart without seing at least two copcars.

If you are an illegal in my old country, your chances of being busted ....I give it three, tops four months.

Here, I dont have a clue whats in the heads of the authorities.

Debating, about what...

There is the cop, there is the copcar, there is the slammer, there is the INS, there is the prisonbus to the border.

In my mind I have absolutely no problems connecting the dots.

A country have its own right to select approve and disaprove of whoever they want to bring in to this country.

USA are in dire straits and desperately in need of engineers, computerwizzards, doctors and other qualified immigrants.

I would be glad to pay another buck for a lettuce head, and dont use that as an excuse for illegal immigration.

I guess I'm doing the same sin here as I'm accusing others of doing. Debating.

This issue needs immediate action, not debate.

So call your congressman/woman.

1. Secure the border (Im not against alligators in a moat)

2. Severe fines for hiring illegals.

3. (Should be on top of everything else actually.) Enforce the law.

Roger

-- June 5, 2006 12:49 AM ∞

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c1jim wrote:

Let's get back to more dinar talk. How about everyone answers two questions:

1. When do you think the dinar will hit?
2. What do you think it will peg at?

-- June 5, 2006 2:35 AM ∞

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Okie wrote:

I agree......

1. Dinar RV in Aug '06.

2. At least 28 US cents.

Com'on Dinar!!!!

-- June 5, 2006 6:32 AM ∞

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Okie wrote:

This looks good for the Dinar. And even better for the stocks that some of us purchased via Warka......

ECO-IRAQ-MARKET
Iraq Stock Exchange joins Arab bourses union

BAGHDAD, June 5 (KUNA) -- Taha Ahmed Abdul Salam, Iraq Stock Exchange Market's chief operating officer, said Monday that the Iraqi stock market has joined the Arab bourses union.

Taha, in a statement, said the Iraqi bourse received a cable, on Sunday, from the union approving its accession into the federation.

This step contributed to a revival of the Iraqi market today, adding that the volume of the traded stocks reached about 400 million stocks, at a value of more than 800 million Iraqi dinars. (end) ahh.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=873354

-- June 5, 2006 6:47 AM ∞

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Okie wrote:

All of these items look good for the Dinar, especially #3, and the country in general.

But wait a minute!...These facts shoot holes in the gravy sucking liberal press who are "anti Bush, "anti US" and "anti Military". Makes you wonder about them...doesn't it?

Six signs of Iraq's progress

You had an interesting letter recently about al-Qaida admitting that it is losing in Iraq and resorting to trying to influence the liberal media, from which most people get their news.

Amir Taheri, a former editor of Iran's largest newspaper and now a writer for the New York Post, supports the view that Iraq has made extraordinary progress. He makes six points:

1) Refugees are returning to Iraq. During Saddam Hussein's reign, people fled the country. Since he has been toppled, more than 1.2 million Iraqis have returned.

2) From 1991 to 2003, there were no pilgrimages to the religious shrines in Karbala and Najaf. In 2005, these sites received an estimated 12 million pilgrims.

3) The Iraqi dinar was in free fall during Saddam's final years. Today, its value is rising against the Kuwaiti dinar and the Iranian rial.

4) Near the end of Saddam's reign, businesses shut down. Since liberation, the private sector is booming. According to the IMF and the World Bank, the Iraqi economy is outperforming all others in the region, and small and medium businesses are opening in bunches.

5) For the first time in 50 years, Iraq is exporting foodstuffs to its neighbors. Even the oil industry, a constant target of terrorists, is progressing. Iraq is now a member of OPEC and has returned to the world markets as a major exporter.

6) People are speaking out now that Saddam is gone. Iraq has talk radio, talk television and Internet blogs. People are debating in shops, tea houses, mosques, offices and in their homes.

Iraq has made great social and economic progress.

Louis Forrisi

Sarasota

Last modified: June 04. 2006 12:00AM

http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20060604/OPINION/606040620/-1/RSS01

-- June 5, 2006 10:07 AM ∞

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Okie wrote:

I don’t believe it requires a rocket scientist or Harvard economist to figure out the Dinar has strong potential for going in the upward direction.

Iraq currently has very few resources in the manufacturing arena. For the near future they will have to do more buying than selling in order to put their country back in shape.

If you’re Joe Blow who wants to buy a color TV…..you can’t afford to spend 4-5 months of salary to do it. If you’re the new oil minister you can’t afford to spend the next 30 years of the budget to rebuild the petro-chemical industry within the next five or six years.

Also, you have a coalition of the most powerful countries in the world in your corner helping you succeed. These countries are determined to help Iraq become the bright and shining star of the Middle East.

Iraq is well on the way to reclaiming it’s heritage and that will include a strong currency.

Sure am happy I bought a lot of Dinars while in Iraq…….

-- June 5, 2006 1:37 PM ∞

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FIRST BOB wrote:

Cljim and Oakie:

What I would recommend to you is that when you come upon a post that doesn't meet the proper criteria for "Dinar Discussion"--skip on past it until you find a post that meets your stringent guidelines.

We have, for years, discussed any and everything. Once we went about three months discussing the Christian religion.

I, personally, do not see any breaking news on the Dinar that doesn't show up on the evening news each day. Noone at this point knows when the Dinar will peg or at what amount it will peg, but be assured if anything hot comes about on the Dinar, it will show up here immediately.

I'll bet 99% of the members are highly impressed with Roger's posts and Roger we hope that you will keep them coming with any subject matter that you deem interesting.

-- June 5, 2006 10:29 PM ∞

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FIRST BOB wrote:

While visiting another site, I came upon a post that was so glum that I thought it worthy of posting here:

I have zero confidence that there will be a RV in June 06. The reason is that they have been unable to comply with any deadlines at all. Once they fill the last two cabinet posts I believe they will then have to fight about that as well.

Unless Iran is taken out of the equation I believe that Iraq has a very small chance at any success whatsoever. Irans greatest contribution to the world since 1979 is wholesale murder. Thats it! Thats all they are interested in for the foreseeable future, unless the rulers are decapitated.

Chances of Iran being taken out of the equation is remote for now. GWB no longer has the political clout to do it and no other countries have the guts.

Although I hope I am wrong, and it goes against everything I initially thought when I purchased my dinars two years ago, I now think that it will not RV until after 2008. By that time there will be a new administration in the WH and it gives time to see whether Iraq still exists.
__________________

-- June 5, 2006 10:56 PM ∞

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Okie wrote:

Dear “Billy Bob”,

I’ve read your comments about me and can’t figure out why so much anger is coming out of your pie hole. None of my posts contained anything about you or Roger.

My current interest is the Iraqi Dinar and I feel no need to justify my postings on a forum dedicated to the Dinar.

We have many interesting people and topics on this forum. My favorite is Sara because she is a very gifted person and can speak from a fine mind and includes heart and soul into her postings with ease.

The only thing I can pass on to you is to “chill out” and don’t try to control a forum that is doing quite well on it’s own merit.

-- June 6, 2006 9:57 AM ∞

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TC DASH wrote:

Can somebody answer this question? Did they put a hold on any dinar leaving out of the country of Iraq for purchase of investment? Thank you all for keeping me informed on the NID through this posting board .

-- June 6, 2006 1:02 PM ∞

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Turtle wrote:

Couple pieces of information that I have gathered. Prior to the declaration of emergency for Basra I had not heard of anything exceptional coming out of there. I contacted a couple friends and they confirmed that the declaration was only made because of its location. According to folks on the ground there it was actually relatively calm. However, since then the enemy has struck there a couple times. The reason goes along with what many of you know and that is the fact that the extremists are trying to maximize their news coverage. So, yes, you would not know it but Iraq is improving quickly. The flip side to the good news is that some areas are gettign worse. As you've been told 14 of the 18 provinces are virtually trouble free. The other 4 are quite nasty because the enemy has focused everything they have on those areas. In case you hear it in the news, we have lost ground in some of those places. For prior military types, more black routes. The positive to this is that to make these gains they have lost large in some of the other provinces and allowed us to truly secure them. I was told that a large chunk of territory is about to be turned over to the iraqi forces. Expect news relatively soon if all goes as planned. Some of that territory is still under enemy control but we're going to let the Iraqi forces finish the job. Part of 1 of those 4 provinces. In my eyes, that speaks well for how far the Iraqi military has come. We are now to the point where we can let them finish one area while we focus on the worst. I can't say much more but I hope some of this speaks for itself and the potential implications for the new government and the dinar.

As for Iran, I think we have now given them enough rope that if they refuse the current offer then they have hung themselves. If Iran turns down the new offer, their intentions can no longer be denied and Russia and China will have no choice but to back the US. Nice chess move I think.

Just for the record, I enjoy hearing from all of you. Okie, Bob, Roger, Sara... Keep posting... If someone gets their panties in a wad it probably means you did something right.

-- June 6, 2006 2:47 PM ∞

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Okie wrote:

TC DASH

Yes, the Iraqi Government will only allow you to carry 100,000 Dinar out of the country. This is enforced at the Baghdad Airport and I assume at the other airports. Most people carried their Dinar out with them anyway until the customs people started intense bag and body searches. A lot of people also mailed Dinar out of the country.
Hope this answers your question.

-- June 6, 2006 3:15 PM ∞

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Bill1 wrote:

If we keep this up Roger will get an extremely "Big Head" over all the fuss... :)

Just kidding folks.

Truth be told, Roger's debut to the blog is a breath of fresh air, and a new personality to add to the marquee.

When Carl and Sara left for awhile [not long after the Christian debate Bob mentioned] things got rather boring here at the T&B ...so, I say, "the more, the merrier".

Roger, welcome to the board/family! ...and please chime-in with any "interesting" and reasonable subject you like.

[Solely discussing every change in wind direction taking place in Iraq can get somewhat boring at times]

Bill1

-- June 6, 2006 3:46 PM ∞

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Okie wrote:

Bill1

Well said.....variety is the spice of life and we need all input. I read Roger's postings and found them to be very informative.

-- June 6, 2006 6:22 PM ∞

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Anonymous wrote:

To be prepared for war is one of the most effectual means of preserving peace.

- George Washington -

-- June 7, 2006 12:06 AM ∞

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terri wrote:

Hi guys...first of all, "thank you for the interesting and informative posts." I look forward to reading every day!

Question: what agency will actually evaluate the dinar -- I've read some say it'll be valued at this or that...WHO/What agency will make this decision?

-- June 7, 2006 10:55 AM ∞

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Bob wrote:

There has been alot of movement; albeit; not that much that will affect anyone's pocketbook, but the Dinar has been fluctuating between 1455 and 1475 alot lately; can anyone explain why? Is there alot more internal trading going on? Is that a good sign of anything or does it really matter right now? Your thoughts. I really enjoy the posts here...very informative no matter the topic.

-- June 7, 2006 11:02 AM ∞

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Bob wrote:

I have been in Afghanistan for the past 15 months; can anyone explain why the Afghanistan Afghani is worth two cents and the Dinar is not worth a penny right now? I am just curious; thanks again.

-- June 7, 2006 11:06 AM ∞

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Roger wrote:

Because goatmilk and poppy have higher value than oil.

-- June 7, 2006 12:05 PM ∞

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Okie wrote:

Terri....

Several agencies will probably be involved in the revalue of the Dinar. The final and formal decision should be the central Bank of Iraq.

-- June 7, 2006 12:45 PM ∞

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Sara Madgid wrote:

Taken from your interesting news post Okie..

Six signs of Iraq's progress

You had an interesting letter recently about al-Qaida admitting that it is losing in Iraq and resorting to trying to influence the liberal media, from which most people get their news.

Last modified: June 04. 2006 12:00AM

http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20060604/OPINION/606040620/-1/RSS01

Can we please note that AL-QAIDA IS ADMITTING IN A LETTER RECENTLY THAT IT IS LOSING IN IRAQ???

Are you seeing this news trumpeted in the Main Stream Media news? No.

Yet, here this obscure opinion piece mentions it..

Is that not interesting news?

Sara.

-- June 7, 2006 2:03 PM ∞

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Okie wrote:

Bob...

I think Roger nailed the reason for the 2 cent Afgan money. I believe the IMF is holding the Iraqi's feet to the fire and making them jump thru a few more hoops before they let them increase the Dinar value.
Hopefully, after Maliki drops his "iron fist" on the bad guys, things will get much better.

-- June 7, 2006 2:46 PM ∞

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terri wrote:

Thanks Okie!

-- June 7, 2006 4:26 PM ∞

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Bob wrote:

Roger and Okie; thanks for the reply. I am not quite getting the part where the "IMF will hold the Iraqi's feet to the fire". Please elaborate more on that. My apology if I sound stupid for asking this.

-- June 8, 2006 12:31 AM ∞

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Okie wrote:

Any word on whether they are enforcing the no export of dinar rule in Kuwait or Jordan airports?

-- June 8, 2006 1:42 AM ∞

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Bob wrote:

al-Zarqawi is history! This could be a turning point; any thoughts?

-- June 8, 2006 4:01 AM ∞

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Imran Ahmed wrote:

What are the news about the Dinar?

-- June 8, 2006 5:23 AM ∞

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Okie wrote:

Bob....

The IMF and Iraqi Government have agreed to work together to bring the financial infrastructure of Iraq back to world class standards. The IMF is insisting (A.K.A. holding their feet to the fire) on action related to debt reduction, currency stability, cash reserves, market stability, Central Bank modernization, Private Bank modernization and other measures to make sure Iraq is ready to operate with the rest of the world. The best news is that the Iraqis have made great progress on most of these items. The main concern right now of course is the market stability and some remaining debt reduction. The debt reduction is almost a done deal and the new PM, with assistance from the US, will take care of the stability problem with his “iron fist”.
More and more good news is coming out of Iraq.

-- June 8, 2006 10:49 AM ∞

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Okie wrote:

Bob.....

The only thoughts about the death of Al-Zargawi that I have relate to the sound "KA-CHING" which is money coming out of the Dinar slot machine.
His death is good news!!!

-- June 8, 2006 11:01 AM ∞

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Turtle wrote:

Sorry, I sent my last post as Okie. I meant to ask okie if they were checking luggage leaving Kuwait or Jordan airports but I was informed today that they are not.

Zarqawi is good news. His death takes out a figure head so that is a large positive. It's also good to note that a number of his closest aids were killed in the same attack. Equally important, we got the information to find him from Jordanian agents and Iraqi locals. I'm curious to see what history tells us because the last time the official release said Iraqi locals the truth was Iraqi agents working with US special forces. Yes, I am referring to Saddam. Either way, Iraqi civilians or spies, both carry positive signs for where Iraq stands today since this occured in one of those "bad" areas not too far from me. Simply put, every Al-Qaeda member erased is a victory for the world in general.

-- June 8, 2006 12:10 PM ∞

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Sara Madgid wrote:

Abu Musab al-Zarqawi killed in air raid
By PATRICK QUINN, Associated Press Writer June 8, 2006

BAGHDAD, Iraq - Abu Musab al-Zarqawi, whose bloody campaign of beheadings and suicide bombings made him the most-wanted terrorist in Iraq, was killed when U.S. warplanes dropped 500-pound bombs on his isolated safe house, officials said Thursday. His death was a long-sought victory in the war in Iraq.

The targeted air strike Wednesday evening was the culmination of a two-week-long hunt for al-Zarqawi, the leader of al-Qaida in Iraq. Tips from senior militants within the network led U.S. forces to follow al-Zarqawi's spiritual adviser to the safe house, 30 miles outside Baghdad, for a meeting with the terror leader. The adviser, Sheik Abdul Rahman, was among seven aides also killed.

Fingerprints, tattoos and scars helped U.S. troops identify al-Zarqawi's body, White House spokesman Tony Snow said. The U.S. military showed a picture of al-Zarqawi's face after the air strike, with his eyes closed and spots of blood behind him.

"Al-Zarqawi was eliminated," Prime Minister Nouri al-Maliki said.

President Bush hailed the killing as "a severe blow to al-Qaida and it is a significant victory in the war on terror."

http://news.yahoo.com/s/ap/20060608/ap_on_re_mi_ea/iraq_al_zarqawi

-- June 8, 2006 12:26 PM ∞

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Sara Madgid wrote:

Iraq's parliament OKs key security ministers
Prime minister breaks 20-day stalemate as he announced posts Thursday
MSNBC News Services
Updated: 2:50 a.m. MT June 8, 2006

BAGHDAD, Iraq - Iraqi Prime Minister Nouri al-Maliki on Thursday presented his candidates for the key ministries of defense, interior and national security and parliament approved the choices, ending a 20-day impasse.

By a clear majority, parliament approved Jawad al-Bolani, a Shiite, as interior minister and General Abdel Qader Jassim, a Sunni and until now Iraqi ground forces commander, as defense minister and Sherwan al-Waili for national security.

The posts are considered crucial for al-Maliki’s government to implement a plan allowing Iraqi forces to take over security from the U.S.-led coalition within 18 months, opening the way for the eventual withdrawal of foreign troops.

http://www.msnbc.msn.com/id/13195823/

-- June 8, 2006 12:42 PM ∞

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Okie wrote:

Turtle...

Thanks for the clarification on the post...I thought my peanut brain had finally slipped over the edge.

Some of us still have a few friends and contacts in Iraq but I think you have "a lot" of friends and contacts both inside and outside the wire so please keep your news coming. Just don't forget that a big "T-Wall" can sometimes be your best friend.

-- June 8, 2006 1:07 PM ∞

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Roger wrote:

Hi everyone,

Zarqawi gone to his 72 virgins, unfortunetly they forgot to tell him they all have had an earlier sex change operation, and the doctor was not done with the last step.

To make matters worse, they all have chipped front teeth.

Thats really good news, I can feel it kind of a burden lifted, joyful messages sent back and forth, people smiling here and especially in Iraq.

I saw the news in a convenience store, in my enjoyment I commented to the clerk. The clerk, a girl about 18 very busy chewing her gum said : Zarqawi WHO?

Different worlds.

To get in on another subject, I need some help, wisdom and life experience here.

My plan is to get 30 mill Iraq Dinars, Im doing purchases in posts of 10 mill per pop.(Gotta put a burger in the hole on occation so I can't do all at once)

The first purchase, I didnt know too much and had'nt done too much of research. I found a website, promising a weeks turnaround, and got sold on that promise.

The company name is The DinarGroup.

Asking price was at the time $7700 plus $20 S/H.

It took a full month, and a week to recieve my Iraq Dinars.

I called every week, and was continously promised "early next week".

The last time I called the guy I was talking with, wanted me to take down a shippingnbr, but when I pressed him on the issue, it turned out that the money wasnt even shipped yet.

I guess he wanted me to be happy and get off the phone.

When calling to the company, the answering machine that tells you options for different departments, had the same voice as the guy I was talking with, in fact it didn't matter how you pushed for different departments, you always ended up with the same guy anyway.

I didnt feel comfy at all sending money to an obvious, one man apatment operation somewhere on the eastcoast

I did get the money, the guy was honest ok, (except for the delivery time promised) and I'm not against someone making a buck.

Either I go to Baghdad myself and get the money, or use a runner, and pay his cut, I have no problem with that at all.

Im fully aware that it's pretty easy to get your own licence and thus be able to deal with currency, and in that way get the Iraq Dinars for spot price.

For me it's not a viable option to take the time needed (liar, look at the length of your posts) and go through the motions of starting up a currency business, even though it's only purpose would to serve myself.

So I'm happy paying a serious busines it's cut.

The way Iraq Dealers seem to operate is:

I send them the money.
With THAT money, THEY buy the currency.
They take their cut and send my stash.

A company advertising one week turnaround you figure, must be sitting on the currency themselves, but in reality they dont sit on any currency, just doing legwork with your money.

I'm about to do a second purchase in a matter of weeks, and I guess I did all the rookie mistakes the first time around.

Anyone aware of a company with an actual turn around in one week?

Also I read some time ago on a website, about a bank in Texas selling Iraq Dinars, not exchanging them, just selling, as currency dealers are. Lost the website, and have tried in vain to find it again, but it seems lost forever. Anyone heard about that?

I also know there is a method of opening accounts, perhaps Im the old fashion guy, but I want to have actual possesion of the Dinar Bills.

Im saving them in the mattras, (and to be sure, I've locked in my mattras in a security box).

Mattras, madrass, matdrass....how do you spell that?

Any companies you have been dealing with, that you are happy with? Whats the name?

Perhaps you have another method, that is far better, let me know. I got two major purchases ahead of me, and any "in" on the subject helps.

To keep it simple.

If you were about to do two purchases on ten mill each, what would you do?

Roger

-- June 8, 2006 9:48 PM ∞

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Carl wrote:

Roger!
First! I wouldn't be buying two purchases of 10 million each....
Second! I would sober up!!!
Third! I would thank god that I sobered up
Fourth: I would count my money again to make sure I didn't buy the 20 million, and had not gotten that illusional yet!

We still have the Iranian idiot to deal with...

-- June 8, 2006 10:45 PM ∞

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Carl wrote:

Just A Little Mind Sight...

One of ...if not the most influential man in Iraq is a old gentleman named "Grand Ayatolla Ali al-Sistani". Anyone who studies the behavior of man knows that if you observe closely what a man does,says,then you will gain knowledge into how he thinks or possible future intentions.

First...He is Iranian....as his son-in-law says, "the basic fact above all is he is Iranian and of the Shia family".

He is not only influential in Iraq but also rapidly becoming one of the most powerful in Iran.
He does this the old fashion way.....He simply follows the rule set by reigious leaders centuries ago....give the people free food, free housing, free medical, some cash and you instantly have a happy following of sheep. After, all does not some religious books say, "the Lord is my sheppard for I shall not want"? What classification does that make the following?

Sistani has religious schools throughout Iraq and Iran, but his influence does not end there.Shia from AUSTRALIA, INDIA, ENGLAND, GERMANY and rest of the WORLD send in questions to his schools for guidance. All of this is connected and powered by you guessed it..."TWO POWERFUL COMPUTERS SITTING IN THE WONDERFUL STATE OF CALIFORNIA"

His major religious university, which has on site 45,000 students and 20,0000 additonal throughout Iran, sets in Qom, Iran. This city is 75 miles from Tehran. As one Iranian leader stated, Saddam ran out of Iraq, one of his most powerful tools to control the people. We have no intentions of making that mistake. We have given that tool all of the power it needs in our city of Qom, which is now considered by all SHIA, throughout the world.... as the "MOTHERLAND OF SHIISM"

He is adamant about Clerics not becoming politicians...but he does not shy away from giving his influence when it is necessary. One of the things that he has done that Saddam or any other leader could not do is bring the masses of Iraq and Iran closer together. He has in a short period of time, lessen the animosity fed by the 8 year war that once existed between the two.
His theme is first above all, Iran is the "SHIA MOTHERLAND". Second all shiites belong to "the Family of Shia", regardless what country you live in. He is not only preaching this in Iraq and Iran, but also in Saudi Arabia, and other middle eastern countries. By doing this, he is reducing their animosity toward each other, and bringing out the fact of their true basic identity.
Otherwords, he is building a consentual empire inside other countries without disturbing the present political structure that presently exist. Otherwords, he is building on the foundation of unity without borders.He is bringing forth the identity of the old Persia... you are a PERSIAN first,add to it the banner of Islam and you begin to build the NEW PERSIA of OLD with the MOTHERLAND IRAN holding the cards.
You can begin to control the masses with the "PRIDE" of being a part of the a New Emerging Middle Eastern Empire, IE; IRAN AND IRAQ MERGED TOGETHER.(Are you now starting to see why the Iranians court Sistani and al-sadr in Iraq?)

One of the major fears of the Iranian leaders is that GW will attack Iran before they have time to build a network of Persian Pride throughout the middle eastern region. This is part of the defense strategy of the Iranian leaders. The Iranian leaders know they have to build a strong sense of unity throughout the middle east based on Shia Pride,and make the individual believe they are part of the empire regardless where they live. Then, any country who attacks the NEW PERSIAN EMPIRE" also knows those attacks will bring forth that "Shia or Persians of the new empire pride". tribal loyality will come into play, with those individuals responding in defense of the "NEW EMPIRE",regardless of where in the world they live.

Just a peek into the thought pattern of our adversaries....

-- June 9, 2006 8:04 AM ∞

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Carl wrote:

What are your thoughts...

If Iran is attacked by either the EU, Israel or the USA....what do you think will happen in Iraq regarding the Iraqi people's attitude toward our soldiers, our government, our influence, the Iraqi economy? .....considering the above information on the I-aaa -told--ja?

-- June 9, 2006 9:08 AM ∞

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TAYLOR wrote:

you can try safedinar.com

It was overnight delivery with a COD option. Not a bad price either.

Goodluck on your 30 million. I hope it pays off soon!

-- June 9, 2006 12:55 PM ∞

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Turtle wrote:

Carl: Easy... Down boy down. Before long you'll be quoting Bible verses about the rise of Babylon in the end days. Sara is our conscience. You are our pesimist. Don't be trying to cross those rolls on us.

In truth, I haven't heard anything to make me think Sistani has a secret agenda beyond spreading Islam. Of course, that makes him that more dangerous because he's either genuine or real good at being covert and not getting caught. However, he has been very consistent in calling for peace. Thus, my answer to your question would be that attacking Iran will increase tension just as much with or without Sistani. More directly, A LOT. Fanatics will crawl out of the woodworks from Syria, Iraq, Iran, Pakastan, and Afghanastan because they all think we are incapable of fending them all off while trying to calm Iraq. To concede one point to you, if a cleric who has called for peace suddenly cries havoc, it would multiply the effect 10 fold. All that said, we are playing our cards so that we will be in a stronger position before that happens. Recent developments will result in peace and a political assassination at best or buy us time at worst. Question for you, how long before you see our boy in Iran spit in the face of this peace process?

Bill1: You've been quiet lately, how are the girls doing? I'm not hearing much coming out of friends in Anbar lately so I don't know if I should be happy or concerned. I hope all is well.

-- June 9, 2006 2:40 PM ∞

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SLSonenow wrote:

SafeDinar is the best bet....I got mine the very next day. I think I used on my first purchase USdinar.com, who I believe are connected to the site you used and did not get them until over a month later. Safedinar.com is priced ok and gets them to ya the next day.

-- June 9, 2006 3:09 PM ∞

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Carl wrote:

Turtle:
Secret Agenda's I don't know, but suspect with Al-sadr. As I think he relishes being the big cheese regarding the milita's. Plus...he hates our guts and most of the things that is being accomplished in Iraq.

If I do not appear to carry the optimistic line sometimes, its not being pesimistic but I rather call it pragmatic with a touch of yellow jaudice.... I wrote several months back at what I thought the leader of Iran was attempting to accomplish in joining the entire region into the NEW PERSIA. This would make them the largest power broker in the middle east and carry a lot of clout with the fundalmentalist in the other surrounding countries. Fact! Iran is running out of oil and it is estimated they will be out of oil in 20 years....they have to take the Iraqi oil fields in order to survive as a viable nation.
They have no other option......

I agree with you.....that the I-aaaa-told ja doesn't have to have any sinister intention. He is just following his beliefs and how he lives. The fact that he has such a strong influence under the Islamic Banner carry's a lot of weight with the SHIA. If he supported the Iranian Government or called for a defense against attacking Iran.....Our soldiers in harms way, better wear two armoured vest, cause they are going to need it...

I firmly believe Iran does not have any intentions of allowing Iraq to exist without having a major impact on their governmental decisions or economic development. The control may be indirect from the back room, which is what they have been doing ...to outright confrontation and take over the government itself. REST ASSURE!!!! IRAN! will attack Iraq if attacked, or the Iraqi Leaders in order to protect their government will side with Iran, and turn against the coalition forces.
THE IRANIAN LEADER HAS ALREADY TOLD US...A DEMOCRACY WILL NOT BE ALLOWED TO STAND IN THE MIDDLE EAST AS THE USA INTENTED IT TO BE.

Positive events have taken place in the past few days....These were huge steps....and helps stablize the new government...however...DO NOT BE DECEIVED....the nature of the tune by the "Iranian Piper" has not begin to play.....who dances and follows will be interesting to watch.

To answer you question about the spit in the face....history will tells us what happens when countries begin to cave to a tyrantical regimes demands....they reject and up the pot and ask for a redeal....
Nothing accomplished but time....which was the gold calf from the start...

-- June 9, 2006 3:56 PM ∞

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Roger wrote:

Thanks for the info, it seems like "Safedinar" is the better choice., I'll check them out. Thanks again.

Carl, thanks for the sobering thoughts, no I cant stand alcohol, I'll get drunk on two beers and will be sick for three days, so no need to try to make me quit. I dont even do it in the first place.

For your thoughts on not purchasing Dinars, well, I am doing it, and take my chances.

I'm aware that this is not really an investment but more of a gamble.

The odds seem better than Powerball though.

I'm also following the motto you can see on most high risk investments sites: "Dont invest more than you can afford to lose".

I thankyou for your concern though, but I'm playing the game, and wont sit on the sideline.

The real players are on the field, they are the only one that can actually win or lose.

The rest is practicing spectator sport.

If you'r in or out of the game, it's your choice, but if no one would be in on the game, then the spectators would have nothing to comment about.

So Carl, look at it this way, Im doing you a service in that you will have entertainment.

However, the hotdog and soda, you have to buy your self.

-- June 9, 2006 4:36 PM ∞

---

Carl wrote:

Roger!
Been in the game for quite some time,so sitting on the side lines watching others play really has never been my bag. I found that just being a player on the field with a larger jockey strap to accomodate larger Jewels, never made me a winner of anything.It just made me lean further forward, run a little faster, and slower to stop with all of that "BIG" Baggage.
I found that its how reckless you play the game, that usually dictates how the score affects you in the end.(win or lose)

Drinking a little refreshments well now.... I don't mind to wet my whistle every now and then. If we ever meet I'll buy ya a glass a tea or a beverage of your choice, and raise my glass in salute to you.... regarding your ability to be successful in a such a risky investment that turned you into a multi-millionaire. I always admire a man with a similar size Jockey Strap.

Now! I must say,as for myself, I would have to be drunk to invest the funds to purchase $20 million dinar, on an area that can go violatile quicker than it can become stable. Trusting that amount of investment on the decisions of a Iranian idiot who wants to create a war so he can bring back his 12th Iman is really not what I like the odds on. But! each individual sees different views when looking from different areas of the mountain into the valley.

This is written in jest...so I hope you do not take offense to my attempt at bringing a smile to a readers face.

I

-- June 9, 2006 7:04 PM ∞

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Randy wrote:

Hi Everyone,
I recently followed up on a rumor that M&I Bank out of Milwaukee Wisc. is selling and exchanging dinar. Turned out that there is a branch bank just about a mile from my home here in Coon Rapids Minnesota. I went in and talked to one of the bank officers and sure enough it is true. Their rates are 1352IQD/1USD. I asked about exchange she told me it depends on what the rate is on the day I exchange them. Also, the exchange service told me they saw no problem exchanging dinar in the future. It is the only bank I know of that is doing this at this time. They just started this service a couple of months ago. I already had dinar before I went in to see them so I did not purchase any, but one of my co-workers did and it took about ten days to receive them. But it is true, and verified. Yea, go Iraq!

-- June 9, 2006 8:06 PM ∞

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Okie wrote:

Sara...

In the past you mentioned the "return of the 12th Imam". Would you mind sharing your thoughts on this and what it means to the President of Iran? I think it would help a lot of us understand what motivates him. Thanks.....

-- June 9, 2006 9:04 PM ∞

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Carl wrote:

Okie!
If you want to get a hint of just how this Iranian President excersises his cognitive abilities go to: July 22 - April 30th Blog. Then scrow to Jan 4th post. This should answer at least a portion of your questions.

-- June 9, 2006 9:39 PM ∞

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TAYLOR wrote:

Is it the general consensus on this board that the Iraqi Dinar *will* go up; its just a matter of when and how much?

-- June 10, 2006 12:18 PM ∞

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Okie wrote:

Carl...

Thanks for the pointers to that posting. Your other one on Jan. 15 was even more interesting. I was in transit from Iraq during that time and missed a lot of postings.
Iran is being lead by a true nut case. The good news is the US has faced guys like him before and come out on top. We didn't start this war with the radicals but I'm glad we have the means and leadership to finish it.

-- June 10, 2006 1:51 PM ∞

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Turtle wrote:

Sadr is a power hungry nut, no doubt about that so anyone who trusts that fat terd as far as they can throw him is a fool. Thus, I agree with you that he'll take any shot at us he can. That said, it's a little bit of our fault in there. Before anyone in the US knew who he was, the guy was on military radar here. In the first year it came to our attention that he could be a growing problem. He knew he could not win against us in the long run so he accepted an invitation from an Army officer to talk. The officer promptly arrested him. This was reported to senior officers who had him immidiately released before the media could harp on us arresting religious figures. Problem is, Sadr apparently didn't like being played a fool or maybe the jail conditions didn't fit his standard of living... Either way, he's been eager to take shots at us ever since. Think of all the ways that could have played out differently. At least that's the story I've heard from some very credible sources.

-- June 10, 2006 2:16 PM ∞

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Okie wrote:

The comments below are from the new PM. The true test will come when they tell Al-Sadr(AKA- the fat boy cleric who needs to be hung from the neck until dead)that he has to give up his militia and go back into the cave.

"To provide the security Iraqis desire and deserve, it is imperative that we reestablish a state monopoly on weapons by putting an end to militias. This government will implement Law 91 to incorporate the militias into the national security services. Unlike previous efforts, this will be done in a way that ensures that militia members are identified at the start, dispersed to avoid any concentration of one group in a department or unit, and then monitored to ensure loyalty only to the state. In addition, we will engage with the political leaders of the militias to create the will to disband these groups."

http://www.washingtonpost.com/wp-dyn/content/article/2006/06/08/AR2006060801532.html

-- June 10, 2006 3:31 PM ∞

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Roger wrote:

Randy, really good info re the bank buying & selling Iraq Dinars, thanks, I'll take a note of the bank and get in contact with them.Also if anyone hear about any other bank dealing with the Dinars, pls post it.

I feel much more comfy dealing with a bank rather than someone running a website, and having his operation in a cleaned out garage.

Carl, yeah I understand your viewpoint. My thinking is, what the heck....if I lose $20.000, it wont kill me..I wouldnt like it, but I would be alive and still doing well....so what the heck.

Also , it's not really an investment.

When seing guys talking about their Iraq Dinar Investment, I feel an urge for spelling correction or something.

A wise and sensible investment is a pretty sure bet ( nothing is an absolute), and it should pay back about 10% annualy.

11% and its a good investment, 12% and you should pat your investment firm on the back, around 13% and you should start using the term "luck".

Im getting in on the Iraq Dinars, but I consider it raw unadultered, no frills or spinn, gamble.

I just like the odds.

If you mortgage the house, let your family suffer, borrow from your aunt, use company money, sell a kidney, or sell your children to medical experiments, to get money for Iraq Dinars, that, I consider being irresponsible.

Now you're gambling with money you dont have, and if anyone is at that point, he/she should see Gamblers Anonymous, and go to their meetings.

-"Welcome to our meeting of the Shoplifters Anynomous, we will continue the meeting as soon as we have located another microphone".

Ok Carl, I take you up on the offer of a soda, if I lose my "investment" you buy, and be my stand in priest while I cry and whine. If I get return on the money, I buy and I'll be really nice to you while I show you my bank account statement.

(oh man that sounded mean)

Let me do this again...if I get return on my money, I buy the drinks, and I say nothing. :)

Turtle, Okie, Regarding that Al-Sadr guy, from what I understand, he was a son of a very prominent religious figure, so the son is apparently shining with borrowed feathers.

Al-Sadr is himself implicated in a murder,a cleric from a competing mosk was knifed down, and the persons doing it was Al-Sadr's runners. By some reason or the other, they dont put the cuffs on this caracter.

Al-Sadr, Al Capone, sounds like same shit in diffrerent wrapping.

A country that wasn't able to get AlCapone on anything else other than taxes, what could they learn the iraq Goverment regarding Al-Sadr.

Finally they probably get him on jaywalking and uninsured car.

It seems like the plan to get rid of militias is to incorporate them into the police and defence forces, identify them disperse them into smaller units or disperse them individually,and then make them quit being militias.

Look at it, Its a sting.

-"You have won a ticket to the Superbowl, bring an ID and your unloaded weapons and come to our theater."

Criminals buy that everytime, and I'll bet this will work like a charm too.

It doesnt matter if you show it on TV, cops can do it over and over again, its like clockwork.

Later gator,
Roger

-- June 10, 2006 11:59 PM ∞

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Carl wrote:

Roger!
Its a Deal!! Imported only please!!!

-- June 11, 2006 6:47 AM ∞

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Okie wrote:

Since the bad guys always follow the same M.O. of hiding behind civilians and then screeching their heads off when some of them are killed, I believe the Marine Sgt.
I think instead of putting these Marines on trial we should try the liberal press just to find out why they're so negative about our Military. After all, Military action gave them the freedom of speech.

"The newspaper said Staff Sgt. Frank Wuterich, 26, told his lawyer several civilians were killed in the November incident, when the squad went after insurgents firing on them from a house. But Wuterich said there was no vengeful massacre and described a house-to-house hunt that went awry in a chaotic battlefield, his lawyer said.

"It will forever be his position that everything they did that day was following their rules of engagement and to protect the lives of Marines," said Neal Puckett, who represents Wuterich in the ongoing investigation of the incident.

"He's really upset that people believe that he and his Marines are even capable of intentionally killing innocent civilians," he said.

The Post said Wuterich's account was the first public version of what happened in Haditha from a Marine who was on the ground when the shooting occurred."

http://news.yahoo.com/s/nm/20060611/ts_nm/iraq_haditha_sergeant_dc_1

-- June 11, 2006 11:02 AM ∞

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Okie wrote:

Carl & Roger….

OK, now you guys are talking serious. I’m assuming our purchase of Dinar is a gamble and it’s like a game of “Texas hold-em”. Also, we’re responsible people and we’re not using our kids lunch money for our venture.

About a year ago, while in Iraq, my peanut brain analyzed the cards I held just after the “flop”. I was now looking at 5 of the 7 cards of the final deal. My smoking brain soon realized that the odds of winning this pot were “lookin good”. After several more rounds of betting and calling my bet was up to 30,492,800. Oh, I forgot to tell you guys that this is a really weird game because part of the pot called Al-Warka bank pays 6% interest on your bet and we won’t know until later how much we have in the pot. Oh my God, it’s getting complicated!

Now we’re down to the final 2 cards to be drawn and everybody is getting very nervous. But just a minute!!...Carl and Roger haven’t called the last bet and need to get their money on the table. As we see the next two cards I’m sure our pucker string will be put to the test but all of us will continue to bet and call according to our best ability.

Also, I’ve heard a strong rumor that after the game is over, the Central Bank Of Iraq will take complete control of the game, and the pot, and determine how much each of us will drag out. What a bunch of wankers. By the way, “Wanker” is a term I picked up from our Brit cousins and I fully support it as a descriptive term.

And yes, my three kids fully support me in this game of chance. I know this because my Daughter has already requested her BMW SUV. What a game…what a country!

-- June 11, 2006 1:10 PM ∞

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Roger wrote:

In the Iraq Dinar game there is a long list of buyers, that want to know when the train arrives, and a healthy set of currency dealers that are as anxious to sell as much as possible.

Anyone of those teams will take any straw, any grain and any news, and "read between the lines", to make good news out of it.

So the rumor mill have a very fertile ground here.

I'm not too worried about "hot topics", or "I've got a friend working in the ...department, he says..."

When the Dinar eventually hits the market, it will. If it didn't do it today, well it didn't.

Eventually it will, and that will actually be the beginning of the Dinar Game.

For all of us sitting on a stash, the game has'nt really begun until it's traded on the open market.

Right now we're all just sitting in the starting gate, waiting for the boxes to open, and the sprint to begin.

Like racehorses, we're all kind of nervous standing there stomping our feet.

Once the "GO" signal have opened the gates, and the horses start running down the raceway, I'm sure you will se a very unstable fluctuating Dinar, for a couple of weeks.

You can predict as much as you want, but no one knows where it will go.

This is my prediction.

There will be two phases, first the unstable selling/ buying in the beginning, short term gains are looked after here, and possibly there is a lot of people that have either lost their faith in waiting so long, or have financial trouble, and can dump their Dinars right away.

I wouldn't be suprised at all to actually see the Dinar take a dump the first thing it does.

The market have a lot of Dinars out there now and with a situation like that, it will be a buyers market rather than a sellers market.

With a plentiful of Dinars to buy the price will be depressed, any bank in the world will have a lot of that currency, from people going to the bank wanting "real" money now.

Once the quick nervous up's and downs are stabilized, the true value of the Dinar will show.

Thats the level that will follow pretty much the value of the countrys productivity.

That one will grow with the country, thats the value to go for, and sorry to say, it may be another seven years after it's introduction to the money market before it has substantial value, and another seven before it's in par with the all mighty buck.

In case the Dinar takes a dump after the introduction to the money market, please dont take your silverplated 32 and shoot yourself.

That will be a period of uncertanty, speculation, and some of the trades will be pretty desperate.

Just pop another Prozac and enjoy the wallpaper, the long term rise is the one to look for.

That will be the start of a second phase,

-- June 11, 2006 8:26 PM ∞

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Randy wrote:

Hi everyone, I ran across this a while back and thought it was very informative. I know it is old but I believe it gives some insight as to what needs to happen for a reval and the whether it will be a fixed peg or floating. http://www.ccc.nps.navy.mil/si/2004/may/looneyMay04.asp love to hear your comments

-- June 11, 2006 9:38 PM ∞

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Carl wrote:

Roger!
Realistic and Pragmatic Post...I concur on violantile dinar value shifts as it enters the market. The largest turd bug roller is Iranian Prez, as he is slanging Sh-- everywhere presently.
I sure don't want him to mess up my stacked clean dinar. In the end we may have to spray him and his turd bug hive with Turd Bug Killer.

-- June 12, 2006 3:56 AM ∞

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Sara Madgid wrote:

Okie;

I think Carl answered your post on the "return of the 12th Imam". One thing of interest, though.. I think Carl is right when he said, "the rule set by religious leaders centuries ago....give the people free food, free housing, free medical, some cash and you instantly have a happy following of sheep."

That is, I think people follow them for the handouts.. the free food, housing, medical and cash. They become sheep and docile under them not by choice but by necessity.. it is where their bread and butter comes from.

When people are released from that dynamic (by freedom/democracy - the ability to work make it on your own), I think you do see and in the future will see a lot more independence which results in a lot less sheeple, and a lot more independent and different choices from those who are giving the free handouts.

I believe Iran wishes to block Democracy because it will free the people/sheeple under them from their grip and power over them. The people will no longer be dependents all their lives on them.. and so by necessity loyal to them.

Freedom of choice within these Middle Eastern nations may cause some to adhere to their religious rulers by choice, but MOST will see that to endorse these leaders will cause those very same leaders to take away from them their freedom to choose. Knowing that choosing these leaders will lead to the loss of their future choice, they will choose against them based on the ALMOST universal desire of men to be free and choose their own destinies (within or outside Islam).

It is not disloyalty to whatever religious principles the people of the Middle East hold, but it is the universal desire of all men of every belief system to determine their own destinies by their own free will which is motivating this intense desire for change. The repressive religious leaders will lose, not because of their religious beliefs, but because they are repressive. This was shown by the Roman Catholic Church in the Dark Ages.. they too had complete control, and when the people decided to choose to have their own free will choice about what they wished to believe, it revolutionized the religion as well as the way the world worked. It did not destroy the Roman Catholic Church, but it made for freedom - a freedom for the people to choose or not choose to adhere to one narrow and repressive view of their religion. This will also happen within Islam... eventually.

As long as the Middle Eastern people retain an independent will, they will move toward freedom and democracy... the ability to choose freely their own uncoerced path. This is what the US is facilitating, not the importation of a corrupt morality. Those who portray democratization in terms of importing corruption are doing so to further their agenda of keeping the masses under their thumbs, just as the Roman Catholic Church once did - vilifying all those who did not adhere to them as supreme authority in the terms of being worthy of eternal damnation. Religious reformers came along (like Martin Luther) saying that only God had that supreme authority to judge the eternal salvation of men, and "judge not lest you be judged". Men preferred to allow God such judgement and peace between people and a "live and let live" philosophy took hold. I think such a view can and will happen there as well.

In the US you are free to stay or to go.. to make your own way and earn your living by your own work. It is that freedom which men of every religious description wish and it is that freedom which democracy alone gives. With that freedom, men are free to choose their living, where they live, their leaders.. and their religious beliefs - all uncoerced. I don't think the Middle Eastern people immoral in such a way that giving them free choice will necessarily make them all into serial killers. I do not believe that if they are given the real uncoerced choice between good and evil they will choose evil for themselves, their families and their culture. I am also confident they don't think that fighting for freedom to choose is fighting for the choice to have perversion and corruption. I think that, given the freedom, they will choose wisely and within the dictates of their own good consciences. When they are given the freedom to choose wisely and they choose freedom rather than repression (as we are seeing the people of Iraq do when they proudly voted for their own leaders), they will have true personal freedom.. and that is the basis of our true collective freedom.

Sara.

-- June 12, 2006 12:00 PM ∞

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Okie wrote:

Randy....

Good information.....Thanks!

-- June 12, 2006 2:45 PM ∞

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Bill1 wrote:

Roger brings up a good point/scenario as to how things might play out in the currency markets once the IQD is traded up front and in the light of day, as opposed to how it's presently being traded around the world.

I believe what he says is absolutely true in that it'll be a Buyer's Market once the open trading begins and the majority of investors become frantic to wipe the perspiration from thier furrowed brows while exclaiming "Whew" and cash-in for the initial profit.

Many who own several million IQD will probably take a percentage of their dinar and do just that [cash-in], but will hopefully hold on to a reserve supply of IQD as well, and will be patient enough for the currency to stabilize, and then increase in value from there.

As far as a timeline goes for the TRUE value of the Dinar to eventually surface ...I think if the security situation is squared away, and Iran shuts the heck up and behaves themselves [keep in mind that a strong IQD is a threat to Iran], then the value of the IQD will take off. If you think Kuwait's Dinar is valuable [it is BTW ...very much so], I see the IQD matching it, if not surpassing it, in as little as three to five years [barring any undo nonsense in the region ..."right" ...I'm not holding my breath waiting for that to happen]

Witnessing all the great/positive strides toward stabilization currently taking place in Iraq, I truly believe it's perfectly reasonable to expect the IQD to become "legal tender" on a world-wide basis within the next 365 days ...if not sooner.

Keeping my fingers crossed...

Bill1

-- June 12, 2006 2:58 PM ∞

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Okie wrote:

Sara...

Thanks for the posting regarding religious freedom...I read it it all and found many nuggets of wisdom within.
Sure makes you appreciate our founding fathers for giving us separation of church and state whereby we can seek any religion we desire.
I believe as the Iraqi's progress in their version of freedom they will be more tolerant of other religions, and this will be to their benefit.

-- June 12, 2006 3:11 PM ∞

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Rob N. wrote:

Carl:

Why are you opposed to the purchase of DINAR? Hopefully, all of us purchasing the paper are only buying what we can afford to loose.

What are your reasons for discouraging its purchase? I fully understand that it is a gamble and there are many variables to success in IRAQ.

Thanks,

Rob N.

-- June 12, 2006 4:43 PM ∞

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Carl wrote:

Rob!
Not opposed to anyone buying dinar if they go into the situation with eyes wide open. Roger and Okie have the right attitude. Invest only what you can afford to lose, because anytime you invest in a country that has so many unknown influences on its economy, then the risk go up drastically.

Roger! is willing to take a greater risk, and invest more funds. But that is Roger's decision that he considers to be right for him. I have a significant amount of dinar for my lifestyle and do not intend to sale ,nor purchase any additional dinar, until I get a better feel of what is going to happen with Iran.
Great Progress has been made in Iraq during the past year, however, it is still a house of cards. I still do not feel comfortable with the dealers, simply because I don't know who owned the cards before they were dealt.(Mark Cards make me nervous)
Once I get better feel of the middle east conflict winds concerning Iran , then I will make the decision to increase my investment or not.
I highly encourage someone who is considering the dinar, to do their research, and face the fact, that it is long term investment, with a Presidential Iranian Sand Sniffer driving a Nitroglycerin freightliner.

The real truth is Iran's blustering is making companies nervous and they are holding back on any major investments for that region. Without, those significant international investments, Iraq will be slower to develop, which will mean lower dinar values a while longer.
There is a possibility as Roger pointed out, that once the dinar goes on the market, there will be a significant amount of profit taking. This will have tendency to drive the dinar downward in value. I agree with Roger this will be the time to purchase and hold. Then wait for Iraq's economic situation to pickup significantly, with a gradual increase in dinar value. It will do this, once the Iranian senario has been disolved, and I estimate the Time frame is probably 2 years or more. But then again this is simply a SWAG and it is anybody's guess.

-- June 12, 2006 6:38 PM ∞

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Anonymous wrote:

Top 11 Things That Anti-War Protesters Would Have Said At the Normandy Invasion on D-Day (Had There Been Anti-War Protesters At Normandy)

11. No blood for French Wine!

10. It's been two and a half years since Pearl Harbor and they still haven't brought Admiral Nagumo to justice

9. In 62 years, the date will be 6/6/6. A coincidence? I think not.

8. All this death and destruction is because the neo-cons are in the pocket of Israel

7. The soldiers are still on the beach, this invasion is a quagmire

6. Sure the holocaust is evil, but so was slavery

5. We are attacked by Japan and then attack France? Roosevelt is worse than the Kaiser!

4. Why bring democracy to Europe by force and not to Korea or Vietnam? I blame racism

3. This war doesn't attack the root causes of Nazism

2. I support the troops, but invading Germany does not guarantee that in 56 years we won't have a President who's worse than Hitler

1. I don't see Roosevelt or Churchill storming the beaches -- they're Chicken Hawks

-- June 12, 2006 8:35 PM ∞

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Anonymous wrote:

Memo reportedly shows location of WMD
Text from Saddam regime describes burial to hide from inspectors
Posted: June 10, 2006

A captured document from the Saddam regime but left untranslated by the Pentagon describes the hiding of chemical-weapons materials and the location of their burial in Iraq.

The document, signed by Moohsen Abdel Karim Mahmood, says a team from the Military Industrialization Commission "did bury a large container" that "contains a chemical material in the village" of Al Subbayhat, part of the district of Karma in Fallujah.

The container, the memo says, was buried using a "fleet of concrete mixers."

It also states: "A large number of the region residents know about this container from the large number of machines used to hide it then."

The weblog Powerline points out the Military Industrial Commission ran the Iraqi weapons of mass destruction program before the 1991 Gulf War and continued its existence afterwards in a more covert fashion.

In November, the producer of a documentary on Saddam Hussein said there is no question the ousted Iraqi dictator possessed weapons of mass destruction.

Brad L. Maaske, who interviewed dozens of Iraqis in producing his film "Weapon of Mass Destruction: The Murderous Reign of Saddam Hussein," pointed out it does not take much to create a WMD.

"There didn't have to be massive stockpiles of chemicals," he explains. "A few 55-gallon drums of a nerve gas could kill a million people if properly dispersed, so it's not that difficult for him to get rid of what he had."

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=50590

-- June 12, 2006 11:10 PM ∞

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Rob N. wrote:

Carl:

Thank you for explaining your position. It is one I can whole heartedly agree with.

One term that is used quite a bit on the board is "investor" or "investment". We like the DINAR dealers are all speculators at best. The difference being on which end a profit is earned.

Are there any thoughts concerning the differences between and investor and speculator? Do most of you on the board agree we are speculators?

Thanks,

Rob N.

-- June 13, 2006 10:04 AM ∞

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Carl wrote:

Rob!
Not only have we been given the name of Speculator,but we also have been labeled idiots, crazy, misinformed, misguided, gullible, 2 bubbles left of level, and Spectator, as all we can do after purchasing the dinar is hope the Iraqi people make the right moves that will improve their lives and country. During this two year have found myself not always disagreeing with them,as I observe a culture that I certainly don't fully comprehend, nor to me appears to be rational at times.
I hope that one day they can add another label to my name.........."MILLIONAIRE"

-- June 13, 2006 10:55 AM ∞

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Sara Madgid wrote:

Bush backs Iraqi leader in surprise visit
By TERENCE HUNT, AP White House Correspondent June 13, 2006

BAGHDAD, Iraq - President Bush assured Iraqis in a surprise visit to Baghdad on Tuesday that the United States stands with them and "the future of your country is in your hands."

Bush discussed next steps in the troubled three-year-old Iraq war in a meeting with newly named Iraqi Prime Minister Nouri al-Maliki.
"I've come to not only look you in the eye," Bush told al-Maliki. "I also come to tell you that when America gives its word, it keeps its word."

The dramatic move came as Bush sought to bolster support for Iraq's fledgling government and U.S. war policy at home.

"It's in our interest that Iraq succeed," Bush said. "I am impressed with the Cabinet you have assembled," he added.

http://news.yahoo.com/s/ap/20060613/ap_on_re_mi_ea/bush_iraq

-- June 13, 2006 12:06 PM ∞

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Turtle wrote:

Okie: Sara will have to remind me of the names but the Masons among our founding fathers took the idea of separation of church and state directly from God's commands in the old testament to seperate the Levites from the ... I cannot remember the name of the other group. Unfortunately, that command was given to the Jews so the Muslims never added that custom to their culture.

I don't know how things are going to go but it looks like Maliki is trying to take the excitement generated from recent events and turn it into an all out offensive. The insurgency is still fighting and is by no means down but there is a limp replacing the swagger. I don't know if I trust the Maliki but I'm starting to like him.

-- June 13, 2006 2:35 PM ∞

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Sara Madgid wrote:

Iraq tells UN it wants multinational force to stay
Reuters Jun 13, 2006 — By Irwin Arieff

UNITED NATIONS (Reuters) - Iraq has formally notified the U.N. Security Council that it wants the U.S.-led multinational force to remain in place for now as Iraqi troops and police are not yet ready to ensure security on their own.

"While great achievements have been gained by the people of Iraq in the realm of political development, the continuation of the mandate of the multinational force in Iraq remains necessary and essential for our security," Foreign Minister Hoshiyar Zebari said in a letter dated June 9 and circulated at the United Nations on Tuesday.

The November 8 resolution also required Iraq to keep depositing the money from its oil sales into an international account monitored by an outside watchdog to demonstrate it was using its oil wealth for the benefit of its people.

The resolution also authorized the multinational force to continue taking and holding its own prisoners in Iraq.

http://abcnews.go.com/US/wireStory?id=2071248

-- June 13, 2006 3:01 PM ∞

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Sara Madgid wrote:

Okie;

I believe the "separation of church and state" STATEMENT (or phrase) was taken from personal correspondence by Jefferson. There is no law using those words or founding documents of the United States.

QUOTE:

Thomas Jefferson wrote a letter to the Danbury Baptist Association in 1802 to answer a letter from them written in October 1801. A copy of the Danbury letter is available here. The Danbury Baptists were a religious minority in Connecticut, and they complained that in their state, the religious liberties they enjoyed were not seen as immutable rights, but as privileges granted by the legislature - as "favors granted." Jefferson's reply did not address their concerns about problems with state establishment of religion - only that on the national level. The letter contains the phrase "wall of separation between church and state," which led to the short-hand for the Establishment Clause that we use today: "Separation of church and state."

ESTABLISHMENT CLAUSE:

U.S. Constitution - Amendment 1
Amendment 1 - Freedom of Religion, Press, Expression
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

http://www.usconstitution.net/jeffwall.html

The letter was the subject of intense scrutiny by Jefferson, and he consulted a couple of New England politicians to assure that his words would not offend while still conveying his message: it was not the place of the Congress or the Executive to do anything that might be misconstrued as the establishment of religion.

====

It is my opinion that those who use the terms from Jefferson's letter "separation of church and state" tend to do so to infringe upon religious freedoms (such as the freedom to display the Ten Commandments in the public square). This was not the intention of those who wrote the LAWS of the United States, nor it is in any FOUNDING DOCUMENT of the United States of America.

Sara.

-- June 13, 2006 3:13 PM ∞

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Sara Madgid wrote:

Turtle;

Not sure if I should have addressed that to you or Okie.. since it was your post. :)

Hope it answers the question somewhat.. from the US legal perspective.

Sara.

-- June 13, 2006 3:16 PM ∞

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Okie wrote:

Sara...

Thank you for the background knowledge regarding "separation of church and State".....very interesting.
The only thing I can say about the people who abuse it.....I don't think a single person has ever been damaged by prayer in the classroom!

-- June 13, 2006 7:44 PM ∞

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Sara Madgid wrote:

Okie;

You are welcome. I don't think prayer hurts any in the classroom, either. :)

The only thing the LAW says and I totally agree with.. is that no religion should establish itself in such a way as to start killing people when the clergy thinks they have violated some religious tenant. They were well aware that the right to believe should not be infringed upon or the legal exercise of religion (the part about not infringing on the expression of religion), but they had something else in mind when they said not to establish a religious state. As an example of what the founders were attempting to avoid by creating this law, earlier this month in Iraq..

Zealots 'Talibanizing' Iraq ban falafels, goatees at gunpoint
By Aqeel Hussein
LONDON SUNDAY TELEGRAPH
June 4, 2006

BAGHDAD -- As the purveyors of nothing spicier than the odd dash of hot chili sauce, Baghdad's falafel vendors had never imagined their snacks might be deemed a threat to public morality.
Now, though, their simple offerings of chickpeas fried in bread crumbs have gone the same way as alcohol, pop music and foreign films -- labeled theologically impure by the country's growing number of Islamic zealots.
In a bizarre example of Iraq's creeping "Talibanization," militants visited falafel vendors a couple of weeks ago, telling them to pack up their stalls by today or be killed.
The ultimatum seemed so bizarre that, at first, most laughed it off -- until two of them were fatally shot as they plied their trade.
"I said I was just feeding the people, but they said there were no falafels in Muhammad the prophet's time, so we shouldn't have them either.
"I felt like telling them there were no Kalashnikovs in Muhammad's time either, but I wanted to keep my life."
It is, however, just one of many Islamic edicts to hit Baghdad in recent weeks, prohibiting everything from the growing of goatee beards to the sale of mayonnaise -- Even the Arab addiction to cigarettes is being challenged, with insurgents declaring smoking bans in at least one Sunni district.
News of the latest strictures surfaced 10 days ago, when the coach of Iraq's tennis team and two players were fatally shot for wearing shorts. The killings, in Sunni-dominated west Baghdad, took place days after militants had distributed leaflets banning the wearing of shorts or T-shirts with English writing on them. They also forbade women to drive or travel on public transportation with men -- a rule that bus drivers have begun to enforce.
Another group of traders to have felt the Islamists' wrath is Baghdad's ice merchants, who sell large chunks of ice for storing food and chilling drinks. "... they came back two days later and shot him dead, along with three other ice sellers nearby."
Meanwhile, barbers have been overwhelmed with young men anxious to shave off their goatees. Last month, Mustapha Jawad, 17, was purportedly killed for wearing one..

http://washingtontimes.com/world/20060603-101334-8512r.htm

-- June 13, 2006 7:58 PM ∞

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Okie wrote:

Turtle....

Nine Masons signed the Declaration of Independence and thirteen signed the Constitution.
There is at least one active Masonic Lodge in Iraq....maybe more by now.

-- June 13, 2006 7:59 PM ∞

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Sara Madgid wrote:

Okie;

The US may bend over backward trying not to tell people what to do, so much so that the Middle East says they are permissive, but the opposite and alternative position is untenable to our Western minds.

We think the cold-blooded murders spoken of in this article (above) as being incomprehensibly evil.

We think it is playing God and saying you know His mind to kill someone for wearing shorts or selling a certain food - or selling ice, or wearing their hair in some way. This is a far cry from "Thou Shalt Not Kill (murder)" or "Thou Shalt Not Steal" in the Ten Commandments, which the law courts enforce today (you can't shoplift freely in the country or kill the citizens, pretty good moral laws, really, built on time tested truth).

These interpretations upon minor points about how to live by the class of people which we call "the clergy" - the founders felt such rules should not be binding laws upon the people or their consciences. It was this which they were attempting to deal with when they wrote "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof;"... They wanted religion to be freely exercised, but not to the point of establishing it so that there would be KILLINGS of people over minor squabbles concerning things like these in this article.

Sara.

-- June 13, 2006 8:24 PM ∞

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Roger wrote:

Amongst gravitational force , electro magnetic force, dark force, nuclear weak and strong force, there is also the evil force. It's shown it will make matters worse.

Upon hearing and reading about bombings, beheadings, and slaughter, its easy to think thats the dominant force.

I would like to think of all the other functions of the universe, to ease my mind, when things like that happens.

We have matter,dark matter, anti-matter, and then there is: doesn't matter.

It has no effect on the universe whatsoever

-- June 14, 2006 3:43 AM ∞

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Turtle wrote:

Roger: I guess it is all a matter of perspective. You see bombing and death on the news. I see men and women who mourn but go on with their lives. As such, the evil force may hurt us as individuals but it has never beaten us as a collective. You know the restaurant that was bombed in the market in Baghdad last week? The Iraqis are shopping in that market again today. The area is scarred with a burned out building, a hollow place where something used to be, but the whole still lives and breathes. No one has to agree with another's philosophy but in the end there are mutiple perspectives of reality and it is all a matter of which you choose. The reality in Iraq, the people refuse to lose.

-- June 14, 2006 5:47 AM ∞

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Sara Madgid wrote:

The Framework of Democracy

I think the Founding Fathers of America had found a freedom they had fought long and hard to obtain and wished to pass it on to the future generations. They knew some would be of their religious beliefs and others would not. They therefore sought to codify in law the freedoms which would allow for the maximum amount of freedom while curtailing those who would abuse freedom under a cloak of piety. For my part, as a Christian, I believe that they sought by not establishing a state religion (yet allowing the free exercise of religion) to codify in law this teaching of Jesus' about how to serve God acceptably:

Mat 15:9 And in vain they worship Me (God), Teaching as doctrines the commandments of men.

Mat 15:14 Let them alone. They are blind leaders of the blind. And if the blind leads the blind, both will fall into the ditch.

Mat 15:17 Do you not yet understand that whatever enters the mouth goes into the stomach and is eliminated?

Mat 15:18 But those things which proceed out of the mouth come from the heart, and they defile a man.

Mat 15:19 For out of the heart proceed evil thoughts, murders, adulteries, fornications, thefts, false witness, blasphemies:

Mat 15:20 These are the things which defile a man: but to eat with unwashed hands does not defile a man.

By this reckoning, falafels, alcohol, ice, mayonnaise, cigar smoke... all of which go into the mouth and then are eliminated from the body are not things which in and of themselves defile a man. Even the goatee beard is on the outside of a man, but God is concerned with the inside - the heart.. with the evil thoughts, murders, adulteries, fornications, thefts, blasphemies, false witnesses.. these wicked things which are from within men's hearts and defile men are what He cares about and views as evil. Therefore, things like stealing (shoplifting) or murders are punished in America, but not whether you eat falafels, smoke, watch a movie or listen to some music. It is what comes OUT not what goes IN which makes a person evil.

The Founding Fathers understood false religious zeal well, and sought to codify in law the freedom of true religion - a freedom which seems to those who have long had this freedom so very logical and obvious and right - even if they have forgotten the religious viewpoint which brought their freedom about. The Founding Fathers knew that if they codified the Truth into law, men would "Taste and see that the Lord is good" and would not easily give up the freedoms the Founding Fathers had fought so hard to bequeath to us. Men are drawn to freedom. Men love freedom. Jesus said that under Him your burdens are easy and light, and mankind has eagerly sought America for this freedom in Jesus which was codified into law.

When you say, turtle, "The reality in Iraq, the people refuse to lose." You are right. It would take much to remove from them the hope of freedom they have grasped ahold of. They are drawn to it and will not let it go. It is a great hope and comfort that those who have seen this freedom will have it - not license to sin - but freedom from outward dietary and arbitrarily codified restrictions. They have grasped ahold of the true freedom which is God given, and it is a quest which will blessed by God to their culture as well as ours. As we stand with them, they will obtain this blessing, and goodness will erupt there and within the earth.. freedom from false restraints, and proper parameters on truly wrong behaviors (murder, stealing, etc). They will have imported the framework of a freedom for them to worship according to the dictates of their own good consciences without the false restrictions of false religious zealotry; all the while punishing the truly evil who act upon that which comes from their wicked hearts - a framework which we call Democracy.

Sara.

-- June 14, 2006 8:40 AM ∞

---

TAYLOR wrote:

Signs of success in Iraq
6/14/2006

By Jeff Jacoby, Globe Columnist | June 14, 2006

WHEN IRAQ'S Prime Minister Nouri al-Maliki announced last week that a US air strike had killed terrorist leader Abu Musab al-Zarqawi, Iraqi reporters burst into cheers and applause. It was a heartwarming -- and to American eyes, unnatural -- show of joy. Most American journalists would think it unseemly to cheer anything said at a press conference, even the news that a sadistic mass murderer had finally met his end.

Important and welcome as Zarqawi's assassination was, it didn't put a dent in the quagmire-of-the-week mindset that depicts the war as a fiasco wrapped in a scandal inside a failure. Typical of the prevailing pessimism was the glum Page One headline in The Washington Post the morning after Maliki's announcement: ``After Zarqawi, No Clear Path In Weary Iraq."

Virtually from day one, the media have reported this war as a litany of gloom and doom. Images of violence and destruction dominate TV coverage. Analysts endlessly second-guess every military and political decision. Allegations of wrongdoing by US soldiers get far more play than tales of their heroism and generosity. No wonder more than half of the public now believes it was a mistake to send troops to Iraq.

Some of this defeatism was inevitable, given the journalistic predisposition for bad news. (``If it bleeds, it leads.") And some of it was a function of the newsroom's left-wing bias -- many journalists oppose the war and revile the Bush administration, and their coverage often reflects that hostility.

But there have also been highly negative assessments of the war from observers who can't be accused of habitual nay saying or Bush-bashing. In a dispiriting piece that appeared on the day Zarqawi's death was announced, New York Times columnist David Brooks wrote that ``in Iraq at the moment . . . savagery seems to be triumphing over decency." There may be no way to win this war without becoming as monstrous and cruel as the terrorists, he suggested, which is why ``most Americans simply want to get away."

Another thoughtful commentator, The Washington Post's David Ignatius, had been even more despairing one day earlier: ``This is an Iraqi nightmare," he wrote, ``and America seems powerless to stop it."

But not everyone is so hopeless.

In the June issue of Commentary, veteran Middle East journalist Amir Taheri describes ``The Real Iraq" as a far more promising place than the horror show of conventional media wisdom. Arriving in the United States after his latest tour of Iraq, Taheri says, he was ``confronted with an image of Iraq that is unrecognizable" -- an image that ``grossly . . . distorts the realities of present-day Iraq."

What are those realities? Drawing on nearly 40 years of observing Iraq first-hand, Taheri points to several leading indicators that he has always found reliable in gauging the country's true condition.

He begins with refugees. In the past, one could always tell that life in Iraq was growing desperate by the long lines of Iraqis trying to escape over the Iranian and Turkish borders. There have been no such scenes since the toppling of Saddam Hussein in 2003. Instead of fleeing the ``nightmare" that Iraq has supposedly become, Iraqi refugees have been returning, more than 1.2 million of them as of last December.

A second indicator is the pilgrim traffic to the Shi'ite shrines in Karbala and Najaf. Those pilgrimages all but dried up after Saddam bloodily crushed a Shi'ite uprising in 1991, and they didn't resume until the arrival of the Americans in 2003. ``In 2005," writes Taheri, ``the holy sites received an estimated 12 million pilgrims, making them the most-visited spots in the entire Muslim world, ahead of both Mecca and Medina."

A third sign: the value of the Iraqi dinar. All but worthless during Saddam's final years, the dinar is today a safe and solid medium of exchange . Related indicators are small-business activity, which is booming, and Iraqi agriculture, which has experienced a revival so remarkable that Iraq now exports food to its neighbors for the first time since the 1950s.

Finally, says Taheri, there is the willingness of Iraqis to speak their minds. Iraqis are very verbal, and ``when they fall silent, life is incontrovertibly becoming hard for them." They aren't silent now. In addition to talk radio, Internet blogs, and lively debate everywhere, ``a vast network of independent media has emerged in Iraq, including over 100 privately owned newspapers and magazines and more than two dozen radio and television stations." Nowhere in the Arab world is freedom of expression more robust.

As Congress embarks on a wide-ranging Iraq debate this week, Taheri's essay is well worth reading. ``Yes, the situation in Iraq today is messy," he writes. ``Births always are. Since when is that a reason to declare a baby unworthy of life?"

Signs of success in Iraq

-- June 14, 2006 12:36 PM ∞

---

Carl wrote:

Do Ya!

Every get the impression the majority of the Free World's Mass Media and De-mo-crats were as distressed as the insurgency when their head maggot got a "USA Boot Up The Ole Shoot?

I can hear CBS, MSNBC,Dean, Kerry, Reid and Uncle Teddy saying, "Damn't! NOW! What do we do?

-- June 14, 2006 1:37 PM ∞

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Sara Madgid wrote:

With people like you around, Carl, you give me hope that the Democrats will never be able to emasculate America (make effeminate or sissy).

emasculate

adj : having unsuitable feminine qualities [syn: effeminate, epicene, cissy, sissified, sissyish, sissy] v 1: deprive of strength or vigor; "The Senate emasculated the law" [syn: castrate] 2: remove the testicles of a male animal [syn: castrate, demasculinize, demasculinise]

http://dictionary.reference.com/browse/emasculate

I also have difficulty thinking of the US military in terms of being effeminate or emasculated.
The qualities of boldness and daring which embody the American spirit are both the country's greatest strength and weakness.
Other countries dislike the "loud American tourist", but those same "can do" and (dare I say) "kick ass" qualities make Americans great warriors.
I appreciate that which others deprecate and seek to emasculate.. I believe it to be a great strength and asset within the American spirit, and I sure had to chuckle with your saying the, "De-mo-crats were as distressed as the insurgency when their head maggot got a "USA Boot Up The Ole Shoot".

Sara.

-- June 14, 2006 2:05 PM ∞

---

Roger wrote:

Turtle,

Naa...I thiiiink we're not standing on an opposing side of an issue.

The way you describe it is another way of describing what I wrote.

Life goes on.

You can kill off plants, they come back, they come back with such a strength that we can count on it every year, and have a harvest.

You can put a nuclear blast on a city, the city will be rebuilt.

You can have a world war, and kill off 50-60 million people, the result will be a babyboom. Life will come back.

Life is probably one of the most resilient forces there is.

I dont know the strenght or have any gauge to connect to it, I dont even know how to measure that strength, kilos, liters, inches, number of individuals...all I know it's been beating any odds so far.

A bomb blast here, a few killed there, a slaughter in another place, no I dont like it, it goes against the grain of every living thing. It upsets me, as much as it upsets you

What I'm saying is...in the long run, it doesnt matter, life wins.

-- June 14, 2006 3:07 PM ∞

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Sara Madgid wrote:

Roger wrote:

You can put a nuclear blast on a city, the city will be rebuilt.

What I'm saying is...in the long run, it doesnt matter, life wins

===

Ummm.. but if you are under that nuclear blast.. I think it might matter.. to YOU? No??? I mean.. it is all ok and good to discuss the resilience of the human race globally and historically, but surely there is a point at which you will say it really DOES matter.. to you? To Yours? And ultimately, to the world? No?? It doesn't matter 6 million Jews died in Nazi concentration camps? After all, the human race is still going on? Is that your argument?

Sara.

-- June 14, 2006 3:18 PM ∞

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Okie wrote:

Whether you believe we are evolved or a divine creation you must admit that humans are very complex. When Sara talks about freedom it makes it apparent that this is a very basic instinct and surely planted somewhere in our brain stem.
No matter where I’ve lived or worked in the world, the loudest critics of the US always come around within a few days and want information on how they can work and live in America. I believe the quest for freedom is within everybody on this planet.
Even though Democracy is a work in progress it’s still the best form of Government that mankind has devised so far and a door to freedom. I think its wishful thinking by some people who believe Islam will someday overcome Democracy. No way!!!

-- June 14, 2006 3:34 PM ∞

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Sara Madgid wrote:

On Fox, radio host Mark Williams claimed Kerry has "got to be on crack" for recent Iraq comments
Wed, Jun 14, 2006 2:29pm EST

Summary: On Fox News' Your World, radio host Mark Williams claimed that Sen. John Kerry -- who recently stated that his vote in favor of authorizing the invasion of Iraq was a mistake -- has "got to be on crack" and that weapons of mass destruction were found in the form of "300,000 people in mass graves."

http://mediamatters.org/items/200606140008

-- June 14, 2006 5:25 PM ∞

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Anonymous wrote:

Sara -

Federal Judge Upholds 'In God We Trust'
By Daniel Burke
Religion News Service

June 13 - A federal judge in California ruled against an atheist on Monday (June 12) who argued that minting the phrase "In God We Trust" on U.S. currency violated constitutional prohibitions against the government promoting religious ideas.

Newdow's "In God We Trust" case claimed that the government was "excluding people who don't believe in God," and violating the constitutional principle of a separation between church and state.

Jay Sekulow, chief counsel of the conservative American Center for Law and Justice, said Newdow's lawsuit is an "attempt to alter history by removing a legitimate expression of our religious history."

http://www.beliefnet.com/story/193/story_19322_1.html

-- June 14, 2006 6:38 PM ∞

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Sara Madgid wrote:

Okie said:

Even though Democracy is a work in progress it’s still the best form of Government that mankind has devised so far and a door to freedom. I think its wishful thinking by some people who believe Islam will someday overcome Democracy. No way!!!

===

Okie, I agree, but the method of Democracy overcoming may not be what we wish.

OK, I'll say it. I am the optimist of the group and don't tend to look to the pessimistic viewpoint. I try to see light in the midst of darkness. But I will but this once speak the fear I have for this nation. I agree with the Imams.. the music, media and entertainment of the West tends toward evil. Simple and easily-led souls are led away from God by it and into evil. I see our culture being seduced into committing from their hearts -- outward sins which are very evil in the sight of God. It is HIS judgement men should fear, and they do not. They think homosexuality a sexual preference, God calls it a perversion and reprobation. They wink at adultery and sex outside of marriage (fornication). They allow openly sins which God condemns....evil thoughts, murders, adulteries, fornications, thefts, false witness, blasphemies. If God chooses to, He can smite us.

Many terrorist experts have said it is not a matter of IF there will be catastrophe on American soil, but WHEN - that all President Bush has done is buy us some time. They say that when Saddam spoke of Weapons of Mass Destruction being detonated in cities across America, it is planned and will happen. The borders are porous, the enemy is strong and is planning the attack. The enemy will not do so on President Bush's watch for fear he will strike Mecca in retaliation. They have seen how decisively he can and does act. He is a "can do" person and they know it by his words and actions.

But the enemies of America are patient and can wait until the people are lulled by their own media into a slumber which causes them to forget they have sworn enemies - and they elect a dove. Then the enemy will be free to attack, fearing no retaliation, and I believe God may let them. The reason is this.. America needs to repent before God of her sins. The deaths of millions of Americans in coordinated nuclear attacks will bring about putting her on her knees before God. It will make Saddam's mass graves look like child's play.

I believe God may take the view of Roger - He may look long term - globally, historically.. and not according to any particular race or nation. He did not cringe to allow the deaths of 6 millions of Jews, He may choose not to spare a wicked, sick and weak culture such as America has become. YES, there is godliness here, but like Sodom and Gomorrah, there may not be enough of it to prevent the catastrophe of an axe waved over our heads. God may lift His hand from off America and allow these enemies to attack her. If so, America will be resilient after God smites her and not only may Democracy increase as a result, but the nation may become more pure. God can use such evil as this, as He did WW2, The Holocaust and Nazi Germany, to kill and to change the world for the better. Evil will not prevail.. good will result. But, as with World War two.. the cost will be very high. I believe God may allow millions of Americans to die.. a catastrophic disaster which may precipitate the end of Islam itself. We will see how it works out, but that is the fear I feel in my soul as I watch the nation run after sin heedless that to do so is to court the death of the nation as a whole. Collective sin results in the collective judgement of God upon those sins.

Psa 92:6 A brutish man does not know; neither does a fool understand this.
Psa 92:7 When the wicked spring as the grass, and when all the workers of iniquity do flourish; it is that they shall be destroyed for ever.

Sara.

PS So, what has that to do with the Dinar? If you truly believe it, it will make a difference how you manage the money God may give in a revaluation.. where you choose to live (like not in a city). It can make a difference to your choices, your survival, and your life.

-- June 15, 2006 2:35 AM ∞

---

Carl wrote:

Sara:
Just a few questions which has always puzzled me about religion, maybe you could answer them here...
One of the things I have observed in religion is that evil and sins are usually determined and guaged by the culture of that particular nation. Other words, wearing a thong in europe, usa, austrilia,etc; is simply going to the beach. In the middle eastern countries, it would be considered a sin, and carry extreme retribution.
A female riding in a car with her male neighbor to assist her in picking up something heavy at a store is just that in canada or america...in the certain societies this could carry the death penalty for the female.

Having sex with little male middle eastern boys in some societies is considered acceptable and not considered a sin or wrong. Having sex with a young boy in America will get you life.

My point is each society of the world has acceptable ground rules they govern themselves with, and it determines how they interact with each other. Is it correct to guage another culture by another culture's religious rules? I mean by their culture or standards set for themselves they have conformed to the religious edict setforth by their culture. Otherwords...if you think a culture such as america can pass judgement by our religious rules, then it would be OK for that culture to pass judgement on any other nation by their religious standards?...After all isn't there a saying out there...what is good of the gander is good for the goose?

Do you think a parent should instill such fear in a child, to the point where the child would be afraid to look in that parent's face, tremble so violently that he or she would fall to the ground in fear, or generate such threats of torture or even death if the parent is displeased with their action?

If you had a parent like that or know of a friend who had a parent like that when you were growing up , what classification of personality would you put that parent in?

If you had a parent like described above...would you as a child, say look, I see dad in the distance, lets run to him and let him see us? or would you say ....act like you like him are he will be pissed.... or quick duck, there is father?

How come we as individual's have the tendency in our religion to paint GOD with Psychopathic Personality traits such as bi-polar, sadistic,egomainia, etc.... yet when we apply these to a person of this earth...we say...he or she needs to be committed somewhere to protect society...?

Somewhere in my mind it just doesn't compute....and appears to be an amazing paradoxial question if you use the same measuring stick for all of the world's societies.

Since their appears to be only one creator...what measuring stick should he or she use to base judgement if judgement is even required? The christian bible, the Koran, the Zen Vesta,etc;;

-- June 15, 2006 7:27 AM ∞

---

Sara Madgid wrote:

Looking To After the War on Terror..

Carl said;

My point is each society of the world has acceptable ground rules they govern themselves with, and it determines how they interact with each other. Is it correct to guage another culture by another culture's religious rules?

===

I agree.. it is not for us to judge by our rules. But the fear of GOD says that there is a God in heaven and if HE (not we) determines to cause retribution for sins that HE determines are worthy of punishment.. then what? You say God appears psychopathic sometimes, Carl.. from one view, not understanding it, I allow that it could be so judged by men (wrongfully, and God will fully justify it, if not now then after the fact, in heaven, on Judgement Day - You cannot argue that He is obligated to explain Himself to us). I agree that allowing evil can appear psychopathic. I believe God to be all-powerful. He says He is. That means He can stop evil from happening, but He does not always do so. Evil happens..

Jer 18:6 ... can I not do with you as this potter? says the LORD. Behold, as the clay is in the potter's hand, so are you in my hand....
Jer 18:7 At what instant I shall speak concerning a nation, and concerning a kingdom, to pluck up, and to pull down, and to destroy it;
Jer 18:8 If that nation, against whom I have pronounced, turn from their evil, I will repent of the evil that I thought to do to them.
Jer 18:9 And at what instant I shall speak concerning a nation, and concerning a kingdom, to build and to plant it;
Jer 18:10 If it do evil in my sight, that it does not obey My voice, then I will repent of the good, which I said I would benefit them.

Here, in this passage, God says He determines if a kingdom or nation stands or is destroyed. He claims power to pluck up and destroy a nation at will. At HIS will, not yours.. not mine.. not ours. And note how He connects it to the behavior of that nation before Him. Not our rules.. HIS RULES. Disobey them, and the consequences could be very frightening. We have enemies at the gate with nuclear bombs in their hands, Carl... are you telling me not to fear God?

I fear Him. I wonder if the Dinar is given to us like the angels were given to Lot in Sodom, as a mercy to provide for us a way of escape before He chooses in wrath to judge this nation according to His rules. Men only PLAY at God, He really IS God. And when He decides to kill off 6 million Jews in a Holocaust.. (if He is all powerful, He could have prevented it, couldn't He?) or 30 million Americans in coordinated nuclear attacks.. well, you cannot say, "What are you doing God? You can't do that!!" any more than you can tell the potter at his pottery wheel what He can and cannot do with his own clay. HE is the potter, WE are the clay. He doesn't play God.. He IS God. If I got His anger wrong, then praise God and go on your merry way.. no big deal. But if He is getting angry.. if He does will it..

The world did not succumb to the Nazis, or Communism. However, there were many many many many casualties. Will our generation be spared while theirs took such a large hit? Are we so much better than they are? Does God think the sins of the nation much LESS than those they committed? Does He judge sins committed in a nation?

Psa 37:35 I have seen the wicked in great power, and spreading himself like a green bay tree.
Psa 37:36 Yet he passed away, and was not: yes, I sought him, but he could not be found.
Psa 37:37 Mark the perfect man, and behold the upright: for the end of that man is peace.
Psa 37:38 But the transgressors shall be destroyed together: the end of the wicked shall be cut off.

The real question you are asking is.. which acts does GOD consider wicked? And how long does He wait to "cut off" (as in cause to become dead) those who do what He deems wicked? If these words of His about what He does not like are not just a bag of hot air, this could indeed be what we are facing.. and the prospect does not please me, give it whatever psychotic label you wish. I didn't like the deaths of 6 million Jews.. or the deaths of those in Japan under the nuclear bombs we dropped. Japan is now a peaceful nation and the world is at peace.. but it counted very much to those in Hiroshima.. and it may just be wise for you to consider if God might be allowing a plane over your head.. or a terrorist in your city, carrying a nuclear bomb.

Do I want it to be so? NO. I am the optimist, remember? You are the pessimist. But I am also a very God-fearing soul, and I do think He may judge us all according to HIS rules, and.. don't you think a few of them are being violated in America??

You say: "Since their appears to be only one creator...what measuring stick should he or she use to base judgement if judgement is even required?"

You know I think it to be the Bible.. however, if there is a God, a creator in heaven.. the fact is.. He or she HAS the ability to judge based on the criteria God deems to be right and wrong (not our judgement here, I am concerned with HIS).

In my opinion... it would seem to be wise to act on the side of right - even to err on the side of good (!) - rather than giving in to what your own conscience tells you is evil, would it not?

Rom 2:11 For there is no respect of persons with God.
Rom 2:12 For as many as have sinned without (the) law (of God - the Bible) shall also perish without law: and as many as have sinned in the law (knowing the Bible) shall be judged by the law;
Rom 2:13 (For not the hearers of the law are just before God, but the doers of the law shall be justified.)
Rom 2:14 For when the Gentiles, which have not the law (of God - the Bible), do by nature the things contained in the law, these, not having the law are a law to themselves:
Rom 2:15 Which show the work of the law written in their hearts, their conscience also bearing witness, and their thoughts the mean while accusing or else excusing one another)

Let your conscience bear witness within you, Carl.. there are laws written in your heart which tell you right from wrong, even if you do not believe the Law of God (The Bible). If you walk with your heart telling you that you are blameless before God, you do well. But if you look into your heart and see that in some measure you sin.. even against your own internal standard.. then I think you should fear God's judgement upon you, and repent to Him of the evil you know you have committed. Because if you look at history, there is a lot of bloodshed and death in it, and the Blessing of God is not associated with it, God's Judgement is.

Someone on the board wrote that the Germans hated the Jews.. that the Germans felt the Jews were oppressing them at the time of WW2 when the Holocaust happened. I ask you.. could that not have been God's judgement as well? Not according to our standards.. but His? And if God did not spare the people to whom He gave the law (the Bible) for their sins.. His own people as it were.. why would He spare those who are not His? Hiroshima spared few.. those who died immediately were spared the sorrow which the aftermath brought in radiation sickness and death. Awful stuff happens in this life, terrible things... I just see an unseen hand behind it.. and seek to avoid that hand of judgement on my own life and the lives of those I love. Some people would see that as smart, and a survival skill. Others laugh at it as being religious. I guess we will see which of us is left standing and alive after the War on Terror has its end - those of us who listened to God and repented, or those who continued in questionable behaviors according to GOD'S standpoint and view (as written in the Bible and written in men's hearts and consciences).

I certainly hope I will still see you standing alive and well at the end of this war, my friend.. and all those on this board. I wish no evil upon you, only God's blessing and good.

In friendship,

Sara.

-- June 15, 2006 11:42 AM ∞

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Turtle wrote:

Insider for today: I asked a couple friends who live and work outside the wire with Iraqi troops how the Iraqis reacted to recent events. He said very positively. I asked what they thought about actions in Baghdad and he said they were all behind it. He's holding back judgement since they haven't actually had to man the checkpoints yet, but they support the action and seem ready and willing to play their part in enforcing it. More good news for us and the dinar.

I could not figure out why my info had run so dry the last month. It seems the special ops boys been keeping things close to the vest. 450+ raids in the last week killing over 100 insurgents and capturing a herd more. The tidal wave appears to be growing and the Iraqi populace, while reluctantly optomistic, appear to be riding it for what they can get out of it.

-- June 15, 2006 11:58 AM ∞

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Okie wrote:

Sara…..
It’s true that our enemies, the Islamic militants, have a plan for wiping us out. Their slang for it is “bleeding the US slowly”. Their hit and run tactics don’t cost a lot of money but we are forced to spend a lot just to keep the situation from getting out of hand. They get more bang for the buck and always make sure it gets maximum news coverage and with our Liberal press that’s not hard to do. They studied the tactics of the Vietnamese and feel they can win using the very same. I think they’ve chosen the wrong tactics because this time we have a Commander In Chief who listens and follows the expert advice of our Military leaders. They know how to get the job done no matter what tactics the enemy uses. I hope our next President will also listen to the Military.
I believe God molds the Universe with a steady hand and will always give people a “wake up call” to keep everything on an even keel. Some people use the “crash of 1929” as an example. We were knocked to our knees but changed our ways, struggled back to our feet, and evolved into a stronger nation. The Islamic nations have chosen a path of destruction and their blind obedience continues to lead them down the same path time and time again. They may not be able to survive this war they are waging with the Western World. I know the US will survive due to our basic nature. We’re like sour dough bread….as long as you have a small base you can spread it around and make as much bread as you need. Empires come and go but our form of Government is very adaptable and has a better chance of surviving the long haul than any other form currently in use.
I think it’s like my wise grandmother used to tell me…”all roads lead to Gods house but some people make it there quicker than others”. Of course she was the same grandma who whacked my rear end with a leather belt when I got out of line……what a Grandma! What a country!

-- June 15, 2006 1:08 PM ∞

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Sara Madgid wrote:

Al-Qaeda 'coming to end in Iraq'
Thursday, 15 June 2006

The killing of Abu Musab al-Zarqawi marks the "beginning of the end" of al-Qaeda in Iraq, the country's national security adviser has said.

Mowaffaq al-Rubaie said documents seized after the raid that killed Zarqawi had yielded key information about the militant group.

"Now we have the upper hand," he told a news conference in Baghdad.

The documents and records revealed the names and whereabouts of other al-Qaeda in Iraq leaders, he said, adding that more information has since been found in raids on other insurgent hideouts.

"We believe that this is the beginning of the end of al-Qaeda in Iraq," Mr Rubaie said.

One of the documents showed that Zarqawi was planning to widen the rift between the US and Iran by carrying out attacks on US interests falsely attributed to Iran, the prime minister's office said.

http://news.bbc.co.uk/2/hi/middle_east/5082470.stm

Post-al-Zarqawi raids kill 104 insurgents
By KIM GAMEL, Associated Press Writer Thu Jun 15, 8:33 AM ET

BAGHDAD, Iraq - American and Iraqi forces have carried out 452 raids since last week's killing of terrorist leader Abu Musab al-Zarqawi, and 104 insurgents were killed during those actions, the U.S. military said Thursday.

Maj. Gen. William Caldwell, a U.S. military spokesman in Baghdad, said the raids were carried out nationwide and led to the discovery of 28 significant arms caches.
http://news.yahoo.com/s/ap/20060615/ap_on_re_mi_ea/iraq_raids

-- June 15, 2006 1:08 PM ∞

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Okie wrote:

Turtle....

Just talked to some people in Basra, inside the wire, and they said the activity was picking up in that area also. Mostly more planes in the air. Good things are happening!!

-- June 15, 2006 1:17 PM ∞

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Sara Madgid wrote:

Thanks for the great info, Turtle.. it is good to see the progress and the Iraqis having confidence and hope that they will win, take control of their country.. and have peace. :)

Okie;

I agree.. we have been blessed by God with such a wise President. I also hope the next President is likewise a winner and not a hesitant, backstabbing, regeging person who will undo all the work President Bush has done, but will carry forward the work President Bush has done.

You are very right.. the form of government which allows the maximum freedom while still keeping order and good government and remaining flexible is Democracy. If there is a time ahead of bringing America to her knees, it will not be to destroy her but to purify her. God will not forsake her or the great strides He has forged through her for mankind.

I liked your Grandmother's statement.. "all roads lead to Gods house but some people make it there quicker than others”. Chuckle.. Zarqawi ended up there faster than he thought along with a few of his buddies. Rebels cannot long stand against the real power of law under a government God empowers.

Rom 13:3 For rulers are not a terror to good works, but to the evil. Will you then not be afraid of the power? do that which is good, and you shall have praise of the same: For he is the minister of God to you for good. But if you do that which is evil, be afraid; for he does not bear the sword in vain: for he is the minister of God, a revenger to execute wrath upon him that does evil.

I think we are seeing that God is standing with the Iraqi government against these rebellious terrorist evildoers.. and who can stand against His hand and win?

I'm hoping and praying for the peace of Iraq, and the recovery of their economic fortunes through an increase in the good fortunes of their currency, the Dinar. :)

Sara.

-- June 15, 2006 1:28 PM ∞

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Sara Madgid wrote:

Watchmen...

Okie;

I think in general terms we think of our military as keeping watch upon that wall against the bad guys with guns and bombs. We think of the FBI, CIA, Homeland Security, the President, Military, police and all the other law enforcement personnel as standing watch for us - watching for and getting the bad guys before they can do any damage. We think in terms of the Patriot Act and the recent news accounts of domestic spying and we know they are on the job. I think America is grateful to those who stand there on that "wall" and watch our backs. We care about those who serve and protect us... and we appreciate them. :)

But.. I also think we should look a little higher.. and recognise that if God decides not to protect the nation anymore.. those efforts are futile.

Psa 127:1 Unless the Lord builds the house, They labor in vain who build it; Unless the Lord guards the city, The watchman stays awake in vain.

Unless the Lord guards the city - and the nation - such watchmen watch through the night, keeping their vigil.. in vain. I think this enough to send a shiver up my back when I see the nation committing sins and adhering to untruth (especially in the media) which is lying in the eyes of Almighty God.

No matter how they built in New Orleans, when the "act of God" (check the insurance policy, fine print, hurricanes are "acts of God") came upon them, their labours in building those houses were in vain. If God decides to destroy, it is destroyed. That is a proper fear and certainty.. ask those Muslims who experienced the tsunami in Indonesia. Many said it seemed as if it was an actual malicious force unleashed against them.. isn't it interesting that that was the main recruitment ground for Islamic extremists in the world?

Indonesian death toll was the highest at 130,736 confirmed, 167, 736 estimated http://en.wikipedia.org/wiki/2004_Indian_Ocean_earthquake

Analysis: Indonesia's Islamic radicals
By the BBC's Richard Galpin in Jakarta
Thursday, 15 November, 2001, 12:14 GMT

Indonesia, the world's largest Muslim nation, has a wide range of radical Islamist groups - many of which have close links with similar militant organisations throughout the Muslim world. Some Indonesian radicals may be linked with international terrorism, and senior US officials fear they may have links with international terrorist organisations such as Osama Bin Laden's al-Qaeda.

'Al-Qaeda link'

At the beginning of this year, according to the US, al-Qaeda set up a cell in Indonesia.

And in recent weeks, one Indonesian radical organisation, Darul Islam, has made some startling statements.

Its spokesman, Al Chaidar, openly claims to have strong links with the Taleban in Afghanistan.

"Every year since 1989, there has been co-operation in military training, and we have sent between 100 to 200 people each year to Afghanistan, to be trained to be good soldiers for Islam.

He says that assistance from an international network of Muslim extremists - including al-Qaeda - flows into Indonesia.

Whatever the truth about the alleged links between these groups and al-Qaeda, the government says it is now carrying out its own investigation.

And there are concerns that extremist groups across south-east Asia may be co-operating with each other.

Over the past two years there has been a series of terrorist attacks in Indonesia.

The former defence minister, Yuwono Sudarsono, says last year's bomb attack on the Philippines ambassador in Jakarta for example was probably the work of the Filipino radical group Abu Sayyaf.

So far, there is little that can be said for certain about links between local Islamic extremists and radical groups around the world.

But the Indonesian Government knows it is under pressure to either disprove the American allegations, or take tough action against the extremists on its own soil.

http://news.bbc.co.uk/2/hi/asia-pacific/1657514.stm

Sara.

-- June 15, 2006 2:26 PM ∞

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Sara Madgid wrote:

Pentagon arms Iraq supporters with rebuttal book
Posted 6/15/2006 11:52 AM ET

WASHINGTON (AP) — The Pentagon on Thursday armed congressional supporters of the Iraq war with an unusual "debate prep book" packed with ready-made rebuttals to criticism of three more than three-year-old conflict.

With the House beginning an election-year debate on the war, the Pentagon suggested lawmakers make the point that "Iraq will become a haven for terrorists, murderers and thugs," if the United States leaves "before the job is done."

"We cannot cut and run," it says at another point, anticipating Democratic calls for a troop withdrawal on a fixed timetable.

The Associated Press obtained a copy of the 74-page document. It was sent to both Republicans and Democrats and it laid out the administration's positions in strong terms and offered page after page of counterpoints to criticisms that Democrats typically level against President Bush's war policies.

"The fundamental question in this debate is: Are we going to confront the threat of terrorism and defeat it, or will we relent and retreat and hope the problem goes away?" House Majority Leader John Boehner, R-Ohio, said, providing a preview of the possible GOP line of attack should Democrats balk.

"Republicans believe victory in Iraq will be an important blow to terrorism and the threat it poses around the world. Democrats, on the other hand, are prone to waver endlessly about the use of force to protect American ideals," he wrote.

In both the House and Senate, Democrats appear to be divided into three camps. Some want troops to leave Iraq this year. Others object to setting any kind of timetable. A number of them want the United States to start redeploying forces by year's end but don't want to set a date when all troops should be out.

http://www.usatoday.com/news/washington/2006-06-15-iraq-pentagon_x.htm

-- June 15, 2006 2:46 PM ∞

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Sara Madgid wrote:

QUOTE:

The Associated Press obtained a copy of the 74-page document. It was sent to both Republicans and Democrats and it laid out the administration's positions in strong terms and offered page after page of counterpoints to criticisms that Democrats typically level against President Bush's war policies.

===

Can we (the public) get a copy of the 74 page document mentioned in this article (above)??

Sara.

-- June 15, 2006 2:54 PM ∞

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Roger wrote:

Sara,

Life wins, yes.

Being under that blast, sure I dont want to. You're right.

Thats for me as a person, I will perish. You're right again.

Killings, deaths, and injustice will hur you and me, if it hurts you and me, it will hurt humanity, it will hurt yours and mine values, will be against our morality, and laws.

We can debate any misdeed against any morals, laws and conduct.

The morals, conduct and laws are there for the survival of the group.

Different groups have different morals, laws and conduct, to benefit their survival.

For you and me it would be a violation of our conduct and moral to shoot a policeman.

For a person that we would consider being a criminal, it would be against his code to NOT shoot the poiceman.

My point is that life as a force is the ultimate winner, it doesnt matter , life wins.

I'm not discussing the morality of right and wrong in the killings.

Zarqaui was killed by a bomb, we dropped it, he killed civilians and GI's.

Both killed.

I'm sure glad he's gone, but by saying that I have put my morale in it.

I think this was a far too simple statement to be missunderstood, but deep significances and hidden meanings was probed for.

Lets try again, it's not complicated, or a wave of apathy.

Killings, slaughter, injustice , it doesnt matter, life will win.

What do we want? ...survive, in one way or the other.

-- June 16, 2006 3:37 AM ∞

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Roger wrote:

It seems to be slow news regarding the Dinar, and the site have done some very interesting (I must say) deviations into philosophical and religious detours.

Im prepared to drop everything and go straight to Dinars when real action happens on that front, but in the meanwhile, I'll be more than happy to float on the philosophical and religious side for a while.

I really cant say I'm Christian even though I'm brought up in it and symphatize in that direction, as well as in the Buddhist direction.

God...whoha, holey, schmoley, what , who, where.

Why is he the creator when I'm creating him.

If I create the concept of an allmighty creator, he will be responsible, not me.

Wouldn't that be too convenient, he did it, not me.

I'm not responsible for this mess, he is.

Ok, too many protests..too much blasphemi, lets say he is the original creator, now he creates man in an image of himself.

Oops, now he has duplicated himself...two Gods.

Is God aware, ofcourse he is.

Am I aware, you bet ya.

Ok so we have the same ability there.

Does he want, have willingness and intention. As much as I have, we still have the same ability

Can God percieve, ...me too.

Can God create,.. me too I created a universe, and blame it on God.

God doesnt seem to me to be a third person, it seem to be an ideal state that we all want to achieve, but have made it impossible as that state is only existing, in our creation, as a third person.

That is my dilemma with Christian religion, Islam and Judaism, it's a something out there, that is holy.

My Image of a God is not holy, I'm able to paint him green and turn him upside down, and if he's a bad boy, I just stop creating him.

I can very well imagine a supreme being, but being a lowlife, lying, stealing, stinking bum, to a supreme being is only a matter of scale.

Both have the same basic abilities.

One is probably much more aware and responsible, thinking of the greatest good for the gratest number, while the other is about aware as a tuna.

Awareness might be the difference. That's something we all can relate to, and in the fog of life we have all increased our awareness from being upset over spilled milk and that the neighbours kid had a nicer bicycle than you, to waisting our time on endless philosophical discussions on a Dinar site.
(Well, that takes enormous intellectual energy, and a lot of awareness in the thinking process, I'm sure you can see a scale between the two states of mind)

So closer to God might mean , "wake up dummy, be aware"

It's so damn hard to "just" be more aware, it's not exactly like the effort when your're taking a dump. You make the effort, flush, and come out with a shining glory.

Naaa, it does'nt work that way.

When your in a close team, and it works really great, or in a close knit family, you can almost think for each other.

I'ts a very satisfactory feeling of belonging.

So if ther are many awareness units, lined up in the same purpose line, and together achieving the same goal, it seems to be a bit closer to God.

Does it have any scales or limits, how close in awareness can we be? Can we be so close that we will merge into one?

Really, who sets the limits, there are none.

If I murder another man, can we all agree that I'm responsible for his death?

If they catch another man, and he by some reason or the other confesses, he hangs, does that make me less responsible for the person I murdered?

A guy says he will hang on the cross for my sins, that must mean I can go to the murdered familymembers and laugh about it. I have no guilt, as my sin is gone....right?....or?

Hold on, I have no sins, don't look at me this way, Im innocent now.

When something happened that is claimed to not have happened, or when something that didnt happen, is claimed to have happened, its a lie.

Do I dare to say that when Jesus said he would take on your sins, by die on the cross, he lied.

Any guilt or responibility for any actions ever taken is still yours.

No one can cleanse another.

This will be fun, let lose

-- June 16, 2006 5:16 AM ∞

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Carl wrote:

Roger:
First let me say, Sara is very strong in her beliefs as you can tell from her post. I admire her for that. She is willing to stand for who she is, and how she percieves things in her perspective.
While your path or mind may not be the path she has chosen as her way back to the creator, it is a path that is true and right for her. The same path that you, I or any other reader of this blog may have chosen could be different paths. But those paths are what is right for each who chose them, for another soul to say that your path is not right is using ignorance of the highest kind.

The Worship of a creator, has been practiced since the beginning of primitive man. They saw things going right and things going wrong. The mind ask.... WHY? and then the primitive mind gave itself the anwser..."Fortune will smile upon those who are in favor with "The GODS". It is the "GODS" who have to be satisfied...and then the "GODS" will judge in favor of our race, nation, government,method of worship, etc..
Thus Sacrifices and Rituals of all kinds grew around this perception, which were all designed to mollify the difficult deities.

As the millennias pasted, the beliefs and rituals of many dieties were reduced to one, "Ill Tempered Diety". Today, a lot of religious dogma believe there is only one "I am going to get ya type of creator, which has to be coddled and mollified or he or she will bring down retribution upon those who do not act as their "Creator" wants them to act.
Of course...not all of how he or she wants them to act is fully understood as there are many different interpretations thus you have different versions of Islamic, christian and other faiths) from the scriptures within their selected book of rules to live by.

So it is by hook or crook whether they really please or piss the diety off....

Fortunately or unfortunately depending on each one views this idea continues to dominate our planet today. The end result is we have muslims, christians,hindus, etc killing each other under the banner of their perspective god and superiority of their god.

I am not sure if ever... will this "God is the Avenger model of Diety" lose favor in our present world society. It is a wonderful tool to justify why certain things happen in our process of human reasoning.

This post is not intended to have any disrepect to any personal belief system or type of belief system. It is simply a illustration of how I view things in our past history and present day society. What does this have to do with the dinar? It is this type of world view belief systems that are dictating Iran to view the west as the Great Satan, to attempt to instill events to bring back the 12Iman, to continue the conflict between the sunni and shia in Iraq. All of this reflects on the Iraqi pocket book and indirectly to the value of our investment.

-- June 16, 2006 8:41 AM ∞

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Bill1 wrote:

Debatably, in many instances history has shown Religion to be the Root of all Evil.

Too many times religion is allowed to be conveniently used to justify criminal behavior/acts as a way of doing so called "God's Work".

Since the pin has been pulled on the religious grenade here at the site, I thought this article might prove interesting, as it deals with religion and polotics. Warning: President Bush fans hold your noses. True, President Bush happens to be the Commander and Chief, but to think/believe he's the "Master Mind of all Master Minds" when it comes to the present administration's policies/agenda would be a bit of a stretch.

'Voice of Bush' fades out as key aide quits

'Axis of evil' speechwriter gave religion and gravitas to presidential words

Oliver Burkeman in Washington
Friday June 16, 2006
The Guardian
The Bush administration is facing a future without one of its most influential backstage figures after Michael Gerson, the evangelical Christian who coined the phrase "axis of evil" and wrote most of the president's scripted words, announced his resignation yesterday.
Mr Gerson was originally brought on board as a speechwriter, to craft memorable phrases for a president prone to verbal gaffes. But his sway with Mr Bush soon exceeded his job title, and he is widely seen as having been one of the key architects of the administration's "freedom agenda", providing a religious underpinning for the invasions of Afghanistan and Iraq.
The White House said the reasons for Mr Gerson's departure were personal, and not related to the recent shake-up in which Mr Bush's chief of staff, press spokesman and treasury secretary were replaced in an effort to combat plummeting approval ratings. But Karl Rove, the president's deputy chief of staff and strategic mastermind, conceded that the resignation would leave a hole at the centre of the administration.
"There's no way to replace him," he told the New York Times. "He is a once-in-a-generation. He helped take the president on his best day and represent what was in the president's spirit and soul."
Resonant
Mr Bush has not entirely overcome his rhetorical awkwardness when speaking without a script - the characteristic that caused mirth during his first campaign, when he told one crowd of supporters, for example, that "more and more of our imports come from overseas". Shortly after arriving at the White House, in an address on the importance of education, he told his audience: "Rarely is the question asked: is our children learning?"
But Mr Gerson, 42, named last year by Time magazine as one of America's 25 most influential evangelical Christians, wrote resonant speeches tinged with religion that sometimes made the president sound statesmanlike.
"Grief and tragedy and hatred are only for a time," Mr Bush said at the National Cathedral in Washington shortly after the September 11 attacks, reading words written by Mr Gerson. "Goodness, remembrance, and love have no end. And the Lord of life holds all who die, and all who mourn."
The speechwriter, later promoted to senior adviser, was also responsible for changing the phrase "axis of hatred" to the more moralistic "axis of evil", to describe the "rogue states" of Iraq, Iran, and North Korea.
He told Mr Bush that 9/11 was "why God wants you here" and, in an initiative that found more support across the political spectrum, lobbied his boss to push forward with plans to spend $15bn on fighting Aids and other diseases. "The bottom line is that we're the richest nation in history, and history will judge us severely if we don't do this," he told the president.
In an interview earlier this year with the New Yorker, Mr Gerson said he thought the Iraq war would be seen differently in three years' time.
Announcing his resignation on Wednesday Mr Gerson said he had been planning to leave for months, but wanted to wait until the political situation had stabilised.
"This was a case where many good things are coming together at the White House and it, to some extent, makes it easier to leave," he said.
He planned to concentrate on writing, he added.
Scripted and Unscripted
Scripted: The success of America has never been proven by cities of gold, but by citizens of character. Men and women who work hard, dream big, love their family, serve their neighbour. Values that turn a piece of earth into a neighbourhood, a community, a chosen nation.
June 1999, when Bush announced his candidacy
Unscripted: Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.
August 2004
Scripted: War has been waged against us by stealth and deceit and murder. This nation is peaceful, but fierce when stirred to anger. This conflict was begun on the timing and terms of others. It will end in a way and at an hour of our choosing.
Mourning service in Washington following 9/11
Unscripted: There are some who feel like the conditions are such that they can attack us there. My answer is, bring 'em on.
July 2003
Scripted: States like these, and their terrorist allies, constitute an axis of evil, arming to threaten the peace of the world. By seeking weapons of mass destruction, these regimes pose a grave and growing danger.
State of the Union address, January 2002
Unscripted: I was not pleased that Hamas has refused to announce its desire to destroy Israel.
May 2006

-- June 16, 2006 9:33 AM ∞

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Rob N. wrote:

All:

The death of Zarqaui and the surprise visit by President Bush to Iraq may in the short term and indirectly are positives for the Dinar.

The long term prognosis for the Dinar also appears positive. Namely, President Bush's commitment to stay in Iraq until the government can defend itself and not to be overlooked, the House of Representitives non binding resolution to continue to support the war effort.

A re-evaluation of the currency really needs to happen during the remaining three years of the Bush Presidency. An election of a Democrat (Hilary) in 2008 means an end to the President's agenda in Iraq and our speculation in the Dinar.

Thanks,

Rob N.

-- June 16, 2006 10:36 AM ∞

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Rob N. wrote:

All:

An article from iraqieconomy.org

Kuwait awaiting government initiation to sign gas contract June 5, 2006 - Kuwait awaiting Iraqi government initiation to sign gas contract
Kuwait is awaiting the Iraqi government to assume its duties to sign a gas contract, the technical and trade details of which have all been agreed upon earlier, Undersecretary of Energy Eisa Al-Oun told KUNA Sunday.
Al-Oun said the delay in signing the contract was due to the Iraqi circumstances with incomplete government formation.
The undersecretary noted the project comes at a budget of KD 8.0 million for the first stage and another KD 230 million in the second stage. The project involves import of up to 38 million cubic feet of Iraq gas in the first stage and 200 million in the second.
Meanwhile, the Qatar gas project is on hold, the undersecretary pointed out, and Kuwait Petroleum Corporation is considering feasibility of import through steamships on need-to basis.
On the worsening fuel situation in Iraq and possibility of Kuwait supplying the Iraqi market with additional quantities of fuel, the undersecretary said "we are currently supplying Iraq with large volumes of petrol and diesel, some three million liters per day, which helps a great deal with the fuel crisis.
"We have no objection to supplying more within our production and export capacity," the undersecretary added, noting the state has to honor existing contracts, both with local and external parties.
Al-Oun stressed the state's keenness on cooperating with Iraq and recalled that KPC had previously set up new shipping points to further facilitate export to Iraq.
On world oil prices, the undersecretary said Kuwait is keen on stability of prices as a main supplier and partner in the oil market. As for all the talk of switching to alternative fuels, he said such an event is still in the distant future.
"There are earnest research and experimentation towards this end in the west but even if efforts to find alternative fuel succeed, there would still be a healthy market for oil as there is immense demand at present."( On the project of a new refinery in the US, the undersecretary said the main obstacle is finding the best location as the United States has very strict regulations when it comes to environmental considerations. Once the location is settled, the project would kick off and the ball is now with the Americans, he noted.

Thanks,

Rob N.

-- June 16, 2006 10:39 AM ∞

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Anonymous wrote:

All:

Another article from iraqieconomy.org

Baghdad power demand hope June 3, 2006 - Iraqi Electricity Minister Karim Waheed said the government hoped to meet two-thirds of electricity demand in Baghdad by the end of this year, but this would only be possible with foreign financial aid.
Speaking at the new Baghdad South Power Plant, he said a plan was in place to boost power supplies, but a bigger budget was needed to revive an industry beset by technical problems and insurgent attacks.
"It will require about $1.5 billion a year for 10 years," he said while inspecting the main operations room at the 216 megawatt plant built by the US Agency for International Development but now under the control of the Ministry of Electricity.
"We want to meet 60 to 70 per cent of demand by the end of the year," said Waheed. "We have a plan and a budget, but it is not enough. We need money from outside."
Waheed said daily electricity supplies in Baghdad were limited to two hours on followed by four hours off.
US investment in the electricity sector is winding down after three years of reconstruction aid.
Officials estimate that $20 billion of investment may be needed to start meeting all Iraq's electricity demand, and there is no quick end in sight to chronic power shortages that are among the biggest complaints of Iraqis.
Many sleep on their roofs at night to beat the summer heat, with limited power supplies for air conditioners.

Thanks,

Rob N.

-- June 16, 2006 10:40 AM ∞

---

Rob N. wrote:

All:

Now for the bad, from www.iraqieconomy.org

Attacks on Iraq Oil Industry Aid Vast Smuggling Scheme June 4, 2006 - The sabotage attacks that have crippled Iraq's oil pipelines and refineries for the past three years are now being used to aid a vast smuggling network that is costing the Iraqi government billions of dollars a year, senior Iraqi and American officials here say.
Once thought to be only a tool for insurgents to undermine the government, the pipeline attacks have evolved into a lucrative moneymaking scheme for insurgents and enterprising criminal gangs alike. Ali Al Alak, the inspector general for the Oil Ministry, said the attacks are now orchestrated by both groups to force the government to import and distribute as much fuel as possible using thousands of tanker trucks.
In turn, the insurgents and criminal gangs — distinguishing among them has become increasingly problematic — have transformed the trucking trade into a potent tool for smuggling.
In many cases documented by Mr. Alak and other Iraqi officials, truckers, often collaborating with smuggling gangs, pay bribes or use forged papers to inflate the value of their load, tamper with their fuel meters, or simply turn their loads over to the gangs.
As a result, as much as 30 percent of imported gasoline is promptly stolen and resold abroad by smugglers, according to American and Iraqi officials. The shortfall is part of what forces Iraqi families to spend more on fuel from the black market, where it is far more expensive than from legal outlets.
The poisonous blend of smuggling and sabotage is yet another blow to the economy of a country whose huge oil reserves were expected before the 2003 invasion to pay for its reconstruction.
The network is so pervasive and entrenched, the officials say, that fuel importers brazenly arrive at depots with half-empty tankers and arrange to have their deliveries certified as complete. It is also lucrative for the smallest of businesses. Bakers, brick makers and even fishing boat operators find it more profitable to sell fuel, which they receive at subsidized prices, to illicit traders rather than operate their businesses.
It is unclear where in these operations the simple urge to make a buck ends and schemes to finance insurgent activities or disrupt the workings of the Iraqi government begin. But American and Iraqi officials say that a mix of insurgents, organized criminal groups and scores of independent operators are working together in some loose network to keep their grip on the system and turn enormous profits.
Borders are porous, roads are unsafe, officials at state-run oil companies are accused of being in league with insurgents and Iraq's oil wealth is carried out of the country in ships and tanker trucks as American and British overseers look the other way, the Iraqi and American officials say.
The smugglers interrupt domestic tanker deliveries as well as those bringing in fuel from abroad.
Ibrahim Bahr al-Uloum, a former oil minister, said it was obvious that crude oil pipelines connecting the northern wells with refineries and power plants farther south, in the Baghdad area, had been repeatedly struck to force trucks to move the crude. Oil employees trying to fix the pipelines had sometimes been kidnapped and killed. Both the trucking companies and groups in the protection rackets were probably complicit in some way, he said.
"This is a business for the people who are working in the trucks," he said. "So any attempt to fix the pipeline will stop such activities."
Mr. Alak and other officials said the pipeline hits are remarkable for their sophistication. The gangs strike the oil industry's backbone: the pipelines that carry crude oil directly from wells and those that move gasoline and kerosene from refineries.
"It's amazing what they are doing," Mr. Alak said of the gangs behind the attacks. At times, he said, the attacks are so precisely timed that they allow just enough crude oil to flow from Iraq's northern oil fields to feed the huge Baiji refinery, the nation's largest, about 100 miles north of Baghdad.
Once Baiji receives enough oil for its production, crude oil would normally be diverted to pipelines that run to export terminals in Turkey. Smugglers can make money from the gasoline that is carried in trucks, but little or nothing from crude oil exported through the pipelines.
So they often strike at that point and halt the flow of crude, said Mr. Alak, who sent agents into the field and delivered a major report on smuggling to the Oil Ministry in April. "You need hundreds of trucks to bring those quantities," he said.

Thanks,

Rob N.

-- June 16, 2006 10:42 AM ∞

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Turtle wrote:

More positive news: Iraqi police and military forces successfully joining forces to run missions. I would explain the extreme significance of that but I'll have to defer to Okie or one of the others that understand the implications of that. I have to run and the news won't point out the obvious even as they report it. That would mean political cooperation of rivals and that might be deemed something good in Iraq. Whoa..!

-- June 16, 2006 11:52 AM ∞

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Roger wrote:

Carl,
Deep and good, hve very short time, will be back later.
R

-- June 16, 2006 1:13 PM ∞

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Sara Madgid wrote:

Carl and Roger;

Yeah, maybe best we go back to Dinar in the main. Just a few parting thoughts on the religion subject, though.

I find it amusing when men start with MAN and say that MAN made up God.. sorry, that made me laugh. You know, the Bible says, "In the beginning.. GOD"

Not man. GOD.

So when you say, Carl, that worship of a Creator has gone on since the beginning and is still the dominant force upon the earth (there are far more religious persons than those who do not adhere to any Creator statistically, see.. http://www.image-upload.net/files/15/worldreligio2.JPG showing 80% of earth's population hold religious beliefs ), This makes one wonder if maybe it was based on something real.. maybe the idea of a Creator was based on something that had to have been the FIRST CAUSE of man? Because.. if you start with man.. how did he get here (presuming no Creator). I mean, you can't take non-life and create life scientifically. It is unprovable. It is a fantasy, a lie.. a figment of your imagination that you could somehow create yourself out of nothing. The numerical chance of you having arisen from non-life by random chance is far less than a monkey playing at hitting the keys on a typewriter happening to put out the Webster's Dictionary. In other words, too remote for even you to contemplate. The chances of life happening by chance are zero.. actually..

It was Dr. Emile Borel who first formulated the basic Law of Probability which states that the occurrence of an event where the chances are beyond 1 chance in 1050(the 200th power is used for scientific calculations), is an event which we can state with certainty will never happen, regardless of the time allotted or how many opportunities could exist for the event to take place.(Emile Borel, Probabilities and Life, Dover 1962, chapters 1-3)
The mathematical probability of a single living cell arising spontaneously has been calculated over and over again by evolutionary scientists and they have been unable to come up with a figure which falls under Borel's upper limit!
http://intelligentdesign.org/odds/odds.htm

So you must and do concede that there is a Creator.. then say mankind makes Him in our own twisted images which create wars and evil. Well, looking at history you must admit that has been the case with mankind - though not with all men or women of faith. But that is MAN'S problem, not God's. And just because you find some counterfeit bills in the world doesn't mean all there is no real currency. Just because there are counterfeit "gods" doesn't mean there isn't a bona fide one out there.

When you say, Carl.. "I am not sure if ever... will this "God is the Avenger model of Diety" lose favor in our present world society. It is a wonderful tool to justify why certain things happen in our process of human reasoning."

You are saying we merely use our understanding of a Creative Deity to justify why things happen. And that if it "lost favor" it would cause the reality to cease to exist. This was also illustrated when Roger said, "My Image of a God is not holy, I'm able to paint him green and turn him upside down, and if he's a bad boy, I just stop creating him." The real problem is.. will God cease to exist as the force behind everything if you stop believing in Him? If the concept of God "lost favor" with men, would God cease to exist? Is God really a figment of the imagination of 80% of the world's population?

As a religious person, I would have to say no. From our viewpoint, the majority viewpoint in the earth, it is like the law of gravity. If you say you will stop believing in the law of gravity, will it therefore cease to exist?? If you step off a cliff.. will you hang there in space? Will the reality bend to your mental creation? Or will you indeed fall to your death? Ignoring objective reality can be a foolish thing to do, and may make those doing so look more like liars than men who have reason.

Rom 3:3 For what if some did not believe? shall their unbelief make the faith of God without effect?
Rom 3:4 Certainly not! Indeed, let God be true but every man a liar...

It may be that by not believing in God - like not believing in gravity - men merely make themselves look like liars.. well, at least to the 80% of the world who do have such religious beliefs (and GOD). And, as Carl said.. "This post is not intended to have any disrepect to any personal belief system or type of belief system. It is simply a illustration of how I view things in our past history and present day society." I, too, did not wish to deprecate the atheist viewpoint by my post, but merely sought to point out how it may be viewed by the some 80% of the world's population who do adhere to a religous belief in God... and the viewpoint expressed on it by the God of the Bible (the quote from His word, Romans 3, above).

Sara.

-- June 16, 2006 3:21 PM ∞

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Sara Madgid wrote:

House Rejects Timetable for Iraq Pullout
Jun 16, 4:33 PM (ET)

By LIZ SIDOTI
WASHINGTON (AP) - The House on Friday rejected a timetable for pulling U.S. forces out of Iraq after a ferociously partisan debate, forcing lawmakers in both parties to go on record on a major issue in re-election campaigns nationwide.

A day after the Senate took the same position against troop withdrawal, the GOP-led House voted 256-153 to approve a nonbinding resolution that says an "arbitrary date for the withdrawal or redeployment" of American forces is not in the national interest.

"Achieving victory is our only option," declared House Majority Leader John Boehner, R-Ohio, casting Democrats as defeatists who want to retreat in the face of terrorist threats. "We must not shy away."

Angling for political advantage, House Republicans engineered the debate and vote, four and one-half months before midterm elections that will decide who runs Congress - and as polls show voters favoring Democrats to replace Republicans as the controlling party.

http://apnews.myway.com/article/20060616/D8I9HBD00.html

-- June 16, 2006 7:11 PM ∞

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Sara Madgid wrote:

US captures leading Iraq terror leader
16/06/2006 - 20:28:45

The suspect was identified by the military as Sheik Aqeel.

“Aqeel commands a Karbala terrorist network and is wanted for assassinating Iraqi citizens and planning and ordering attacks against Iraqi and coalition forces,” the military said in a statement.

The military also accused him of providing financial support to other militants, along with roadside bombs it said were linked to the deaths of at least six coalition soldiers last year and the deaths of a coalition soldier and an interpreter on June 8.

Aqeel also was linked to a 2005 attack on the al-Mukhayim Iraqi police station and the killing of Iraqi intelligence officers in Karbala, the statement said.

The security forces also captured another terrorist during the raid and seized a substantial weapons cache, the military said, adding that no Iraqi or coalition forces were killed or wounded during the operation.

http://www.breakingnews.ie/2006/06/16/story263721.html

-- June 16, 2006 9:34 PM ∞

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Carl wrote:

The Concepts
of Religion has direct affect on every person who is on the physical plane of this earth.I don't believe any soul that interacts with others either inside their own or other cultures is not touched one way or another by the concept of god and how that god is perceived by the worlds population.
In my last post I addressed how primitive man came about their concept of the gods they begin to worship.( For the record...I never stated in any post, that I did not believe in a creator..if you look at the heavens it appears evident to me...that something more than chance happened to create this amazing Universe....religious I am not, as I am not tied to any certain ritual, book or dogma.....Spiritual... you may tag me with that label... it fits...)

Primitive man observed earthly disasters of hailstorms,hurricanes, tornados, drought, earthquakes, etc...in their search for the answer of why...they deducted there must be a creator or creators that control these powerful elements. Because the earthly elements were creating so much devastation and death to man, they started to deduce the Gods were angry with them about something.
So...they probably had council and came up with deductive reasoning that in order to stop these rampages they must appease the gods, and started to do certain rituals in order to stay subservant to those gods, otherwise they would turn their wrath loose on them.

This is not so foreign to us in today's modern world. There exist today religious concepts that teach their God is angry because his sheep have strayed from his enlightened ways. Therefore, he or she lets loose the reins of destructive hurricanes, tornado's, etc on the population and cities of the world because the humans of this earth have not followed whatever guidelines that have been set by the religious clerics and pastors of that particular faith.( of course those guidelines were received from god by the enlighted ones of that particular faith...which in turn gives them that certification from the diety)

We have religious leaders today who claim the AIDS epidemic is god's punishment for mankinds misbehaviors.

Some concepts have developed requirements that need to be met in order for an individual to be eligible for rewards here and in the place they refer to as heaven.

Then they turn around and say..."no one can meet those requirements".

No matter what they do,not even if they live a perfect life, without blunder, without blemish of any kind,It doesn't matter if they are passionate or generous toward their fellow man. Being sorry doesn't count either.
Their concept declares this because everyone is born imperfect, so even a infant is behind the eight ball even before it takes its first breath.

Why? because earlier on, as the cultural story unfolds, a man and woman had a run end with the all mighty, and boy is he or she pissed....so to teach all of mankind a lesson....he or she is going to dump on every soul born from there on out.(talk about compassion for your fellow man)

This conception blotch cannot be removed by any act, or repentance, but only at the descretion of their God......and that God will not grant this grace unless that person come to him or her in ....
a certain specific way...by the right path....by saying the right words,....by being humble and trembling in fear....There are certain things they need to do in order to reach Purification...and ....Salvation....above all else they must have believed in the "RIGHT RELIGION"....a let me guess which is the right religion.....could it possibly be the one in which they accept as their concept of GOD?

Maybe because such righteousness is required...it is call "righteous living".

Because God placed Judgement on them, they can now start to make judgements toward other races, cultures, lifestyles, by using those same relgious dogma's to indict the others...

The result is each religious concept instead of accepting each other as just another path back to god, they have now created a world with conflicts which only end in destruction, death and hatrid of each other...

Thus we have inherited the winds of religion....may the God of your concept have mercy on our souls...Oh! and God save the dinar...

-- June 16, 2006 11:40 PM ∞

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Sara Madgid wrote:

Chuckle.. well said, Carl. I understand your point of view. Bit frustrating, I admit... starting with man, you just never can move the rock..

Sara.

===

A little boy was spending his Saturday morning playing in his sandbox. He had with him his box of cars and trucks, his plastic pail, and a shiny, red plastic shovel. In the process of creating roads and tunnels in the soft sand, he discovered a large rock in the middle of the sand box!

The boy dug around the rock, managing to dislodge it from the sand. With no little bit of struggle, he pushed and nudged the rock across the sandbox by using his feet (he was a very small boy and the rock was very huge). When the boy got the rock to the edge of the sandbox, however, he found that he couldn't roll it up and over the little wall. Determined, the little boy shoved, pushed, and pried, but every time he had made some progress, the rock tipped and then fell back into the sand box.

The little boy grunted, struggled, pushed, and shoved; but his only reward was to have the rock roll back, smashing his chubby fingers. Finally he burst into tears of frustration. All this time the boy's father watched from his living room window as the drama unfolded.

The moment the tears fell, a large shadow fell across the boy and the sandbox. It was the boy's father. Gently, but firmly, he said, "Son, why didn't you use all the strength that you had available?"

Defeated, the boy sobbed back, "But I did, Daddy, I did! I did use all the strength that I had!"

"No, son, you didn't use all the strength you had," corrected the father kindly. "You didn't ask me."

With that the father reached down, picked up the rock, and removed it from the sandbox.

-- June 17, 2006 12:18 AM ∞

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Sara Madgid wrote:

As you said.. God have mercy on our souls.. and the fortunes of Iraq and the Dinar. :)

Sara.

-- June 17, 2006 12:20 AM ∞

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Sara Madgid wrote:

Carl, try the dilemma from the other point of view - start with God, not "primitive" man. (And why "primitive"? Because it makes men feel so much more superior and "evolved" and enlightened to look back at their great, great, great, great, great Grandfather and call him and unenlightened idiot, right? I suppose that point is beside the point...but I once got lambasted on a forum by someone who thought I was saying that the Africans were primitive in observing their earth religions - which would have been assuming the same thing. Why is it prejudice to call an African religious person who practices their religious views today "primitive", but "enlightened" to call an ancestor removed from you in time who practices practically those same religious views "primitive"? I think you must see that evolution allows so much latitude for pride and looking down on others deeply held viewpoints simply by attributing it to men of the past who are labelled with that term you used "primitive".)

So.. the dilemma from the other view..

If you start with God and make it so that He will not force anyone to believe in Him.. then make it so that He must by necessity be larger than that which He creates (the cosmos) and so unable to be seen by mankind.. exactly how would you expect Him to communicate Himself to man? What form would you pick? How would the Creator God accomplish the getting across of His thoughts to men? And would you not logically expect that His thoughts would be extremely complex and difficult to communicate to the finite understanding of mankind? How do you do it so they don't wreck the message? Maybe.. write a book? (After all, word of mouth gets distorted so much more than written words, don't they?)

Isa 55:8 For my thoughts are not your thoughts, neither are your ways my ways, says the LORD.

Isa 55:9 For as the heavens are higher than the earth, so are my ways higher than your ways, and my thoughts than your thoughts.

Bit of a dilemma in communication, I would say. The infinite mind of the Creator trying to communicate to the puny finite minds of men. How exactly do you think He SHOULD accomplish it? What is the logical way to do so? Remember, the dilemma from God's point of view is that you can't barge in and FORCE everyone to believe in you. As a matter of fact.. wouldn't coming to our teeny tiny world (look at how large the cosmos is He created) be a feat of condescension in itself? Would God ever feel He had to humble Himself so very far and come and explain to us what He wishes? What would He look like if He did? (My caps for emphasis)

Phi 2:5 Let this mind be in you which was also in Christ JESUS,

Phi 2:6 Who, BEING IN THE FORM OF GOD, did not consider it robbery to be EQUAL WITH GOD:

Phi 2:7 But made himself of no reputation, and took upon him the form of a servant, and WAS MADE IN THE LIKENESS OF MEN:

Phi 2:8 And BEING FOUND in appearance AS A MAN, He humbled himself, and became obedient to the point of death, even the death of the cross.

Think it far fetched that God would assume our likeness to communicate with us - take upon Him our Human form? (Albeit the virgin birth made Him not to have our sinful or wicked natures, however.) What other alternative have you got in its place? How would you expect it to have played out in history if there really is a Creator God who wished to communicate to you and all men?

Luk 8:8 And when Jesus had said these things, He cried, He that has ears to hear, let him hear.

What was Jesus saying here?

Does this mean that some can some have ears that can hear what He is saying.. and others which are not able to? ?? It's not a trick.. what do you think this means? If this viewpoint is from God, how do YOU see this point of view He is trying to get across?

It is completely up to you.. what do you think? How do you see the way to overcome these dilemmas.. from the other point of view - the viewpoint which starts with God, not "primitive" man?

Sara.

-- June 17, 2006 1:43 AM ∞

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Roger wrote:

God as a modern concept, a third unobtainable, untouchable person is a relative new concept.

Old name for God was Jawe. (Jehovas witness...a derative from Jawe)

Jawe means.......I AM.

When Jesus said that no one can come to God except through me, That don't mean no one can come to God except through Jesus.

Thats not what he said.

You can't find yourself except through yourself.

We all wish we could go back in time and set a lot of records straight. The problem is, past time is non existent.

The past dont exist , other than in our memory and in recording devices.

Back then, there was a lot of wisdom, a lot of insight in life, but a rotten technological stage of the evolution.

Papyrrus, and claytablets found in caves here and there is not really an accurate recording of events.

This seems to be the dilemma causing a later time dissagreement.

Still true today, so you want a refund, well, where is your invoice.....lost it...well you cant have a refund then...but, but.. and now we have an argument.

Very common for a long time was that one person memorized a whole chapter, a book or other scripture. He taught someone else and the story could continue after the persons death.

The three big religions closely related to each other, no doubt, all three have the same holy city Jerusalem. Christianity Judaism and Islam, all of them had an oral tradition before they were written down.

That period has caused a lot of deaths, disagrements and wars, because when finally written down the differences was eminent.

Buddah was written down by writers in his lifetime.

Tao is the other only known author(as I know) that had his work written down by his own hand.

The India Veda books origins are unclear.

The Egyptian Book of the Dead, have very much in common with the Bible, and it's clear where the influences has spilled over.

No one know who Tao was, where he came from or where he ended up. He was a wise man, telling his wisdom in China, and did impress the city guards. Tao wanted to continue his jorney, but was stopped by the guards, and couln't leave until he had written down his wisdom.

He did, and left and haven't been seen since.

What a waste, with so much spiritual wisdom in the years past, and very shaky recordings, it's today like a desperate puzzle where no one have the whole piece.

If all that wisdom was gained by observation and experience, It's strange that with modern scientific approach, it's so damn hard to nail down the truth.

Newtonian world gives us the physical forces, and interactions, we can predict any trajectory, action-reaction, and by definiton describe the physical universe.

Einstein, expanded the understanding of the physical universe, and started this centurys phenomenal knowledge we have gained, with quantum physics and relativity theory.

That gave us the key to the nucleus.

With all the exact observed phenomenons, laser cut, absolute to the 34th fraction and more, we sure can describe stuff around us.

But all the real valued wisdom that was so common in the past, it just seems like the value of it is so much less now, any research in the spiritual arena almost seem as ridicilous, or ghost hunting.

It seems like we just are unable to describe it. It was so easy in the past.

I really wish that there would be a new Einstein, but in a modern and scientific way, can knit all the old wisdoms together.

A spiritual Einstein.

The patchwork we have now is good for the follower, but have to have a hefty ingredience of belief in it to work.

Can anyone please tell me what the frikken hell this has to do with Iraq Dinars?

-- June 17, 2006 6:56 AM ∞

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Carl wrote:

Roger!
It is a wonderful excercise in GOD experiencing and exploring him or herself...
It kept your mind from being idle and your fingers busy...
It entertained us all ...
It allows a soul to self examine and compare his or her concept of GOD to other Concepts of the diety....
Thus it defines and allows one to reafirm one's chosen path...
But most of all it brings forth the complexities of religion and how miscommunication can result in the world we have now inherited...and hopefully helps us become more tolerate of each other...
I believe a great teacher said it best....and mankind should pay attention...
"whatever you do to another....you also do unto yourself" In our society of today the meaning is simple....we are all connected and we are all one...so quit shooting yourself in the foot and blaming the other guy...

Don't blame GOD for your stupid actions...he or she had nothing to do with it...
He or She just is ...
I believe it was written ..I AM THE ALPHA AND OMEGA (THE BEGINNING AND THE END) English interpretation.....I'll be here long after you are gone bud!!!!

-- June 17, 2006 7:24 AM ∞

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Sara Madgid wrote:

What would you expect?

What would it look like if the Creator God did decide to come to earth and take on our human form? Would He not have been above the laws of our physical universe? Would He not have been able to walk on water (Mark 6:49), to heal people of sicknesses and infirmities, to heal the blind of blindness, make deaf and dumb people to hear and talk, the lame to walk, lepers to be cleansed of their leprosy, and raise people from the dead? (Luke 7:20-23, Matt 12:22) Would not even the physical elements be at His command?

Mar 4:39 Then He arose and rebuked the wind, and said to the sea, "Peace, be still!" And the wind ceased and there was a great calm.

Mar 4:40 And He said to them, "Why are you so fearful? How is it that you have no faith?"

Mar 4:41 And they feared exceedingly, and said one to another, What manner of man is this, that even the wind and the sea obey him?

===

If He was God, surely He would not be subject to death as we are, but have power over it? Jesus said:

Joh 10:17 I lay down My life that I may take it again.

Joh 10:18 No man takes it from Me, but I lay it down of myself. I have power to lay it down, and I have power to take it again.

===

Could He lay down His physical life and then take it up again at will? Can you die at will and then make yourself alive again? What kind of person could do this? Others die and stay dead. All the other men who are considered great that you spoke of Roger, and more... Buddah (Buddhism), Mohammed (Islam), Tao (Taoism), Confucius (founder of Confucianism), Zoroaster (Zoroastrianism), Brigham Young (founder Mormonism), Mary Baker Eddy (founder of Christian Science), Gandhi (Hindu reformer and Indian political leader).. all of them died and STAYED DEAD, except Jesus (1 Cor 15:4-8).

Jesus rose from the dead. He laid down His life, then He took it back up again. Zarqwai died in Iraq, he won't be with us alive again, but Paul said of Jesus after His death that: "He was seen of Cephas, then by the twelve: After that He was seen by over five hundred brethren at once, of whom the greater part remain to the present, but some have fallen asleep. After that He was seen by James, then by all the apostles. Then last of all He was seen by me also." When Jesus appeared to them suddenly, "they were terrified and frightened and supposed that they had seen a spirit", but Jesus said to them, "Behold My hands and My feet, that it is I Myself. Handle Me and see, for a spirit does not have flesh and bones as you see I have." (Luke 24: 37-39). He rose from death in flesh and bone - it was not an apparation they saw, but Jesus Himself, returned from the dead. What kind of man is it that can die and rise again from death at will?

If God went to the trouble of bridging the gap between the infinite Creator and puny mankind in order to communicate with us, how difficult would it be for Him to make sure He had an accurate record of what He wanted to communicate left on earth to mankind? Do you think He would go to the difficulty of doing such great stuff, only to have it forgotten in history? If He could perform the miracle of walking on water and making the winds and sea obey Him, couldn't He make sure that a proper record of Him was kept recorded somewhere on earth in a book? Is it beyond His capability to do so?

Logically, what would that book look like? Would such a book be revered or hated.. or both? I think it would be a pretty controversial book, if it contained the thoughts and acts of Almighty God written down in it.. and lots of people wouldn't like hearing what it had to say because it would go against the grain of how men think (remember His thoughts are higher than our thoughts and His ways different than our ways because He is infinite God and we are only finite created beings.. He has no beginning nor end - being outside the fourth dimension of time, but we have both a beginning at birth and end at death). We don't like different points of view, and when men have their own idea (like the earth is flat or the earth is the center of the universe), they don't like anyone to tell them different. I think such a book would be filled with many such different points of view and so disliked, and men would attempt to discount it (as they did the concepts of the earth being round or the sun being the center of our solar system). But the Truth would not change whether men believed it or not. Mankind could discount the world being round and ignore the fact of it, but they could not by ignoring that fact make the earth any different shape, including flat..

Sara.

-- June 17, 2006 10:23 AM ∞

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Sara Madgid wrote:

The difficulties God has with men.. (like thinking the earth is the center of the universe)

If God wanted to communicate with men, wouldn't that pose some great difficulties for Him in communicating to us due to the Creator/Creature gap between us? In history, men who read the Bible said that from their understanding of science and the Bible the earth was the center of the universe and the sun went around it. They were wrong. Did that make GOD wrong? NO.. - they were incorrect, but God never was. If God wrote a book, the book would be right even when people got what He said in it wrong (and if the book was written by an infinite mind, you would expect a few points of contention between the eternal and infinite understanding of God and our own). When people take the meaning of something God said wrongfully, that does not mean the Words of God in the Bible are wrong. Two misunderstandings come to mind, let me illustrate the first:

Psa 93:1 The LORD reigns, He is clothed with majesty; the LORD is clothed, He has girded Himself with strength: the world also is established, so that it cannot be moved.

Ancient people reading this took this to mean the earth was fixed in space and unmoving, when it says "the world is established that it cannot be moved". In the same way, when you build a house you put it on a cement foundation so it won't move and the house is "established" - that is why we often call a house an establishment. Living in a house or ESTABLISHMENT is technically also living in a place hurtling through space and spinning around the axis of the earth... though it is "established" on the surface of the earth in one place (barring earthquakes, hurricanes and other catastrophes). So, although the earth is "established" in some sense, that is not to say it doesn't move, travelling through the universe as the house does, too. When this verse referred to God establishing the earth in one relatively fixed position in the universe, it referred to establishing the ORBIT of the earth. Earth doesn't fly off into outer space, but is fixed in its orbit around the sun. God was here referring to establishing the earth in its ORBIT around the sun so that it cannot be moved. The fact that the ancient people took it to be stopped in space was due to their lack of understanding. It depends on your definition of ESTABLISHED, and what exactly was encompassed in the mind of the person using that term. So sometimes, it is a wrong view of the word in question due to a limited view of the scientific implications of the word God has chosen to use. I suppose He could have written it, "the world is established in its orbit around the sun so that its orbit would not move the earth closer to the sun (burning it up) or farther away (turning it into an ice cube)". But.. He didn't always choose to do the science lesson. It was theology he was mainly concerned to communicate in His book. He just gave the basic truth and moved on without detailed explanation. What He said, though, was completely and absolutely true.. the world is established and it cannot be moved (thank God - or we'd fry or freeze, right?).

Secondly, the Bible uses words as we use them in order to communicate with our minds, using our relative positions and using the terms we use. Since the Bible is God speaking to men, it stands to reason He would use our vocabulary and attempt to explain to us at our level of understanding. From our earthbound perspective, even today we say the sun "comes up" and "goes down", and these are not considered incorrect usages of the words, but relative usages of the words. You do not say that I am wrong to say "Let's go fishing tomorrow morning. I want an early start and I want to be on the lake when the sun comes up. We should be home before the sun goes down." Yet, some people do take issue with the words of the Bible which are used in this same fashion, as a relative term from our earthly perspective. The Bible can and does use such expressions as we do, about the sun going up and down..

Gen 15:12 And when the sun was going down, a deep sleep fell upon Abram....

Gen 15:17 And it came to pass, that, when the sun went down, and it was dark...

Exo 17:12 But Moses hands were heavy; and they took a stone, and put it under him, and he sat on it; and Aaron and Hur held up his hands, the one on the one side, and the other on the other side; and his hands were steady until the going down of the sun.

There are thirty similar scriptures where the Bible uses these same words about the sun "going down", and more saying the sun rises.. such as these words of Jesus..

Mat 5:45 .. your Father which is in heaven: for He makes His sun to rise on the evil and on the good, and sends rain on the just and on the unjust.

These words are the way we use language and the Bible uses our everyday language in the same way that we use it in order to communicate with our minds. The Bible does not claim to be a science book, but in every scientific matter it touches upon it is correct because God doesn't get the physics He made wrong. However, the Bible does sometimes use a correct, relative use of words (sun going up, sun going down) in relation to the earth and as we perceive it, even as we do. Note that the ancient people also thought of the sun as going in a circle because it obviously starts at the same place again the next morning, rising in the east and setting in the west. We know the sun does not go in a circle, but their describing it in those terms doesn't make them stupid or unscientific (primitive?), they are just describing the phenomena as they observed it to be with the naked eye. Surely we cannot blame them for describing their scientific observation relative to their position on earth, even if they are technically incorrect in saying it. When God spoke to them about what they saw, He did not endorse their view as scientifically correct but said it was LIKE the sun was running a race across the sky, rising on one end of the heaven (rising in the east) and going to the other end of it (setting in the west), agreeing that it SEEMED to follow a circuit around the earth, though He never said it did, only that it appeared LIKE it did.

Psa 19:4 .. the sun.. is LIKE a bridegroom coming out of his chamber, And rejoices LIKE a strong man to run its race. Its rising is from one end of heaven, And its circuit to the other end; And there is nothing hidden from its heat.

Can you see the difficulties God had with communicating to men using our finite understanding? Can you see why some people later in time said that the words He uses to speak to our mindset are "inaccurate"? Some men have said the Bible is a stupid old book which says silly things like the sun "comes up" or it "goes down" or that the earth was fixed and stationary - "established". It isn't that the Bible is inaccurate, it is that the attempt at communication to mankind was being made at our level of understanding and as we use those words even today in everyday speaking (the sun going up and down, etc), and mankind had much too simple an understanding of how God "established" the world, due to MAN'S lack of scientific knowledge about what God was writing about. (I think mankind does this today, too - holding to views which are scientifically incorrect and much too simplistic.)

God wrote a pretty hefty novel and decided not to get into nuclear physics - He communicated to men using words like the sun "coming up" and "going down" as men used those terms, and explained correctly that He had "established" the world where it was in space and time. The fact that men took such terms as proof the world was perfectly still and motionless and the sun was moving (coming up and going down) and that therefore the sun orbited around us.. that was a mistake due to their finite minds and simplistic understanding, not a mistake written in God's Word (the Bible).

Sara.

-- June 17, 2006 2:21 PM ∞

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Sara Madgid wrote:

Iraqi man finds chemical bomb in northern Iraq

IRBIL, June 17 (KUNA) -- An Iraqi citizen from Kurdistan found a chemical bomb Saturday in Seirawan area near Gatha Halabja in northern Iraq as he was reconstructing his house that had been torn down in the eighties.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=877541

-- June 17, 2006 5:34 PM ∞

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the unknown wrote:

You people keep quoting the bible. The bible was written by man and translated several different times by man and the true meanings have been lost in translation and can be manipulated by man. Man is inherently evil and has supposedly his own free will if you believe that sort of thing. We man have farmed up beliefs because we want to believe there is something after death and we just can't live with ourselves if we believe there is nothing. There are only two things we have to do that is be born and die. Everything else in life is a choice from which we have to live with whatever the consequences of those choices.

-- June 17, 2006 5:57 PM ∞

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Roger wrote:

I dont know if this is a debate or reflection about the concept of God, I hope it's a reflection of him/her/it, as each one of us see the concept.

The right's and wrongs about it, is only in the eyes of the beholder.

If you know your viewoint is the true one, all the power to you.

When it's time to discuss spiritual things, we have only spiritual things to prove it with.

A spirit, in any form, lowlife or supreme, is not part of any physical universe as I see it.

Our only playground is the physical universe, thats the only thing we have to compare anything with.

So when it comes to right and wrong, it's alwys a matter of how you see it.

If you took a twenty mintes stroll in the nearby forest a couple of days ago, and you saw a duck sitting on a treebranch. Thats is a reality for you.

For another person, logic might dictate that ducks dont sit on a tree branch.

Still, you saw it that way.

Now, proove it, and you will get stuck.

You didnt have a video with you, and when hauling out your friends to the spot, there's no duck sitting there on that treebranch.

Now you will get an insinuation that you should stop shooting yourself in the foot, and come to your senses regarding ducks.

The one and holy concept regarding ducks is that they dont sit in threes, thats beneath ducks.

The argument is meaningless.

The reality is that you saw a duck sitting on a trebranch. It's good for you, you dont need someone else telling you that they didn't.

As you now have a reality of a duck sitting in a treebranch, and you'r frinds dont have that reality, you can always make a choice of discussing it or not, and be prepared to face the others reality, that you dont share.

In the Isalmic evoution this has now come to a point where being right about it, is in itself a holy Jihad.

I can share my viewpoints, but it's a take it or leave it proposition. But you should be equally prepared to have your viewpoint taken or left behind.

So with the idea that this is a discussion, where ideas can be kicked around, looked upon be rejected, being taken I'm more than willing to have this "spiritual excange" of ideas.

In the field of religion, one of the highest obstacles is the FIXED IDEA.

The fixed idea, is an absolute, its a boundary that defines the existence, function and form of things.

One step over that line and its a violation that is evil or unholy, not correct and will make the whole empire fall to the ground.

Let me go to a completely different field just as an analogy to describe what I mean with fixed idea.

In the military field, it was considered honorable and courage, to line up facing the other man, on a plane field, shooting and dont take cover.

It evolved from tactics where it was found that an orderly column of soldiers working in unison, was far more effective on the battle field than the previous hordes that just trew themself willy nilly at each other in the past.

The technology was in par with that tactic for a long time, but the effectiveness started to break down when firearms became more and more effective.

At the time of the American Revolutionary War, the tactic started to show its short comings.

The American settlers, hardly lined up, but used ambush and guerilla warfare in great propotion.

By now, the idea of lining up on the battlefield was so established that it was a given, the Brittish couldn't believe how unsportsman and cowardly the Americans was fighting. They even took cover behind tress, shot a volley and ran, only to come back and do it again.

The Brittish, with excellent visible red coats, and a cross over white bandoleer over the chest, (in the americans eyes, just to mark the target better), continued to line up, even when reality had changed.

Fixed idea.

Perhaps it's fair to say that the whole Brittish empire went down because of this fixed idea.

This fixed idea held up beyond the Civil War, when in the beginning and most of the war, the combattant lined up against each other. At the end of the war, it started to be more of a siege and trench warfare, finally when south was bled dry, they dug in. But too late.

Fixed idea.

Except for Japanese suicide attacks, in WW2 and Chinese stupidity in the Korean war, the last line up side by side attacks stemming from this old idea took place in WW1.

By this time it was tragic/comic. The technology had by this time evolved into very highly effective firearms, one machine gun nest could cover and control a square mile of real estate.

Still, even with the knowledge of the technology, the commanders sent wave after wave of soldiers against the opposing dug in side, when one was cut down, send another one.

Both sides did this repeatedly.

Fixed idea.

Once a concept is there, the parameters are set, and the rules and prof of its existence is fitted in the mind, the slowest thing to change is fixed ideas.

Galileo was sent to housearrest for telling the church how things works.

He was sitting his remaining years, because the rest of the world had a fixed idea of existence. It cant be in any other way.

To even step over that boundary was heresey.

The German intelligence during WW2 was far outsmarted by the allied, the Americans and especially the Brittish with their counter intelligence work in Bletchley Park London.

A German, no doubt he is an intelligent person, but the fixed idea that he was an "Ubermenchen" , made his view on intelligence work somewhat arrogant.

Mathematically there was so many combinations in his code/decode machine, that it was not humanly possible to crack the code he was sending.
After all it was created by an "Ubermenchen".

Fixed idea.

The code was cracked.

The Allied cammander had the daily German order on his desk most often before the German commander had them.

A fixed idea is a determination of the individual by agreement or self determinism, that certain boundaries, laws, rules or existences, can not be changed.

The individual create that condition.

It's your creation.

"In the beginning there was God.....Jawe....Iam".

-- June 17, 2006 7:13 PM ∞

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Sara Madgid wrote:

Interesting, the unknown.. You wrote:

"You people keep quoting the bible. The bible was written by man and translated several different times by man and the true meanings have been lost in translation and can be manipulated by man. Man is inherently evil and has supposedly his own free will if you believe that sort of thing. We man have farmed up beliefs because we want to believe there is something after death and we just can't live with ourselves if we believe there is nothing. There are only two things we have to do that is be born and die. Everything else in life is a choice from which we have to live with whatever the consequences of those choices"

====

By this I see that you think that man "farmed up beliefs because we want to believe there is something after death". In other words, a good 80% of the population of the world in your view is extremely stupid and gullible, perhaps "primitive" is also a good term you might use, but you, on the other hand, are far more enlightened than the vast majority of the people on this planet, aren't you? Do you not think that superior attitude of yours might just possibly smack of a.. certain degree of arrogance.. to those 80% of the earth's population which probably have brains just like you do and actually do use them? (Though you obviously don't think they do.)

You say that the Bible was written by MAN. Have you actually read this document and the claims it makes for itself within its pages.. you know.. things like decrees supposedly from God saying, "Thou Shalt Not Kill" and "Thou Shalt Not Steal" and "Thus says the Lord"?? I recognise you do NOT believe that the Bible is true, however, your lack of faith that the document could have any divine hand upon it at all and your dismissal of it as a pack of human lies does not appear to hang on any verifiable evidence that I can see. In other words, it does appear to be your opinion. Could you substantiate this belief that the Bible was written by men and the true meaning of it has been lost in translation and manipulated by man so as to be unrecognisable? You see, what you are saying is an opinion you have formed, and not one which is based on fact or the science of dealing with the actual documents of the Bible. For instance, concerning the Old Testament:

"After being exiled from Israel, and as the Jewish Diaspora grew more widespread across the World, many Jews understood the importance of creating a single text of the Torah. This uniformity would enable the consistency of the Jewish faith outside the land of Israel. Specific scholars and scribes were chosen for this task, these men were called Masoretes. Masoretes derives its name from the word “masorah” meaning “tradition;” their ultimate goal was to uphold the traditions of the Jewish people. The Masoretes had to decipher the authentic word of God and eliminate the dissimilarities.

The Masoretes attempted to attain consistency through established rules of articulating the words and correcting spelling and reading. The Torah scroll was written, using only the consonants and no vowels or accents. Therefore, the Masoretes created a system of chanting symbols and vowel placement, so future generations would understand the proper pronunciation. The Masoretes made all spelling changes or changes to the text in the margins, because THEY REFUSED TO ALTER THE ORIGINAL TEXT (my caps - SARA). Finally, the Masoretes provided white spaces in between words to breakup the continuous text."

http://www.jewishvirtuallibrary.org/jsource/Judaism/Masoretic.html

As you can see, these people who handled the words which their religion taught was the very words of God were deadly serious about it. They copied it by hand but refused to alter the original text, only noting changes in the margins. This shows the high regard the scribes had in handling the words which they firmly believed to be the sacred words of Almighty God Himself. Their copying was checked and rechecked by others so that errors were caught. They did this work continually, it was their JOB and sacred duty, their full time work. I don't know how you feel about someone coming along and saying your work is completely worthless and you are an imbecile to do this, but I think that these men would likely take a dim view of your dismissal of their sacred honor and work which they dedicated their entire lifetimes to doing. I know you don't think they cared one whit and can deprecate their efforts with a sweeping dismissal of your hand, but you do so without foundation or understanding about those who were religious and how deeply they cared about this issue and their passing on what they believed to be the Truth of the words of the Almighty God to mankind.

You might be viewed as a very religiously intolerant person by some 80% of the world's population.. had you considered that, or does it not phase you due to your presumed superiority to them and your foundational belief that you are wiser than they could possibly ever be? I don't think you would make a good candidate for visiting Iraq.. or dealing with many people groups in this world, as they would detect your distain for their deeply held religious beliefs rather immediately..

Sara.

-- June 17, 2006 8:03 PM ∞

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Sara Madgid wrote:

Roger;

I found your dissertation fascinating. It is interesting to learn how others view life and think about God and experience their existence.

You said that, "when it comes to right and wrong, it's always A MATTER OF HOW YOU SEE IT" and then you proceeded to explain about the duck on the branches. You are, presumably, making a point that only the things you personally experience are what is to you verifiably true, and that if someone took you there and tried to convince you that what they saw (duck on a branch) was the truth, it isn't real to you and you never saw it, so it isn't true for you but only true for the one who actually saw the duck themselves. And, you are under no obligation to believe in a duck you have never personally seen. This, I think, is what you said when you said: "If you took a twenty minutes stroll in the nearby forest a couple of days ago, and you saw a duck sitting on a treebranch. THAT IS A REALITY FOR YOU. FOR ANOTHER PERSON, logic might dictate that ducks dont sit on a tree branch. As you now have a reality of a duck sitting in a tree branch, and YOUR FRIENDS DON'T HAVE THAT REALITY, you can always make a choice of discussing it or not..."

However, we work constantly and every minute of our lives presuming things which are not something we have ourselves personally verified (ducks we haven't seen but believe to have been there). For instance, we have been told that liquid nitrogen is harmful to human flesh. ( http://www.chem.purdue.edu/chemsafety/Chem/ln2.htm - minimize the chance of a spill going into your shoes, where it might destroy some cubic centimeters of flesh before you can get your shoes and socks off.) I don't think you would personally test that by inserting your hand into a vat of it to check. You have been told that space has no air.. I doubt you would seek to verify that by leaving a spaceship without a spacesuit just to check. These both might be called "fixed ideas" or trusting someone else who has told you there was a "duck in the branches" - but they are correct ideas and to act contrary to them would be foolhardy.

The duck illustration was about something that is immaterial to your wellbeing and life. The realities of God and the eternal are more like space and liquid nitrogen - having effects which could be far reaching, presuming you one day would be called into contact with either of these substances. And, of course, being called into contact with God one day (we call it Judgement Day) could have very far reaching effects upon your personal destiny and life - hence the subject is of such keen interest to mankind throughout the ages..

Therefore, though you sought to say there is no reality you need to be concerned with which is outside the realm of your own experience (who cares about a duck), you live contrary to that assumption in many instances of your life by relying on facts which are not personally verified by you but which you must believe and act upon or die. (Maybe a trip in an airplane where you haven't opened the hatch of one and got sucked out of it personally would suffice for an everyday illustration, or not crossing the yellow lines on the road while driving in traffic, though you personally haven't had a head-on collision, or not inserting metals into electrical sockets though you have never personally been electrocuted to death, etc..)

You next spoke of battle tactics and the need to adapt to new conditions. I agree.. being stuck in fixed ideas is a problem that MANKIND has.. but it is not a problem for God. By definition, God is all-knowing (Omniscient), therefore, He does not need to adapt to something new, since all things are known to Him and nothing "new" can ever crop up which He would need to "learn" or adapt to. Your point in saying at the end of your dissertation that rules can be changed.. that people can create new conditions, new realities of warfare.. is true concerning mankind. It is not true of the properties of liquid nitrogen, electricity in your wall circuit, the fact that blowing a hatch in an airplane could suck you out of it.. or of the objective reality of God.

You said:

A fixed idea is a determination of the individual by agreement or self determinism, that certain boundaries, laws, rules or existences, can not be changed.

The individual creates that condition.

It's your creation.

"In the beginning there was God.....Jawe....Iam".

====

When you say "The individual CREATES that condition.. It's your creation.. In the beginning God".. I do not believe you can place God in the "individual creates this condition" category or the "rules that can be changed" category .. but I believe that He is more like the "liquid nitrogen" category. He exists, whether you wish Him to or not, and the problem is.. you are going to encounter Him one day. What will be the outcome of that meeting? What is the "properties" of the substance you will be working with? Not believing it exists, sticking your head in the sand like an ostrich, will not actually change the reality or principles you will on that day encounter. If your point in quoting those illustrations was to say that the "fixed idea" of GOD is incorrect, old, worn out.. and should be thrown away... That mankind can "adapt" and "change" its mind and so change the reality of whether God exists or not.. NO, I don't think you can change Objective Reality by your changing your subjective thinking.. any more than you can change the fixed properties of liquid nitrogen by changing your thinking about it. It will still be quite deadly to your flesh if you put your hand in it, whether you think so or not. Reality is OBJECTIVE, not subjective - it exists with or without belief, yours or mine. The only real question is.. is God a reality? If He is.. we have to deal with that, and what He is really like.. if not.. then no big deal. ALL of us humans on earth have to answer this question.. is God objectively real, and if so, what is He like and does He require something of me?

Remember my post about the possibility of life arising from non-life being impossible?

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121401 (Dr. Emile Borel .. the basic Law of Probability)

It is statistically and scientifically IMPOSSIBLE that life came to exist by itself out of dead and inert matter. How then do you account for it? And if you admit that this means that there is a Creator.. does that cause us CREATED BEINGS to have any obligations toward that which created us? And how can you know?

For many who are currently religious, this gave them an answer:

Jer 29:11 For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope.

Jer 29:12 Then you will call upon Me and go and pray to Me, and I will listen to you.

Jer 29:13 And you will seek Me and find Me, when you search for Me with all your heart.

Roger, you said:

I can share my viewpoints, but it's a take it or leave it proposition. But you should be equally prepared to have your viewpoint taken or left behind.

So with the idea that this is a discussion, where ideas can be kicked around, looked upon, be rejected, being taken - I'm more than willing to have this "spiritual exchange" of ideas...

In the Isalmic evoution this has now come to a point where being right about it is in itself a holy Jihad.

===

I agree. It isn't a holy Jihad.. I am not trying to force anything upon you and you are free to take what you will from it or reject what you do not wish to believe. Nobody is standing over you with a sword saying believe this or I will cut your head off. However, it is important stuff.. talking about God.. and though it is personally only between you and Him, it has very far reaching effects on your life, and it is something we should care about as human beings since whether God exists will (one day) effect our lives very radically.

Sara.

-- June 17, 2006 9:53 PM ∞

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Carl wrote:

Roger!
Yes! the debate is about concepts of the diety. The purpose here as you can see happening is to show how strongly different concepts can conflict with each other. If allowed to continue in that conflict, you get war, distain,hatred, name calling, with each side believing their concept(GOD) is the chosen UNO....

Hardly ever will either side give up their concept of who or what GOD is....each side feels so strongly about their concept...that good loving people will end up killing you over that diety.....after all they must defend their GOD's honor or position.

In my mind you are right....it is just a conception of viewpoint....it is not my place to say someone's method of religion is wrong. If they have the faith that their concept is true, then that path is correct for them...someone else may have a total different concept and they too have a strong belief in the path they have chosen. If that path feels true to them, then it is the correct path...each can CREATE THEIR OWN VERSION OR CONCEPT OF JUST WHAT THEIR GOD IS ALL ABOUT AND HIS OR HER PERSONALITY...

As you can see ....concepts of a GOD, how he or she thinks, and why someone's GOD did certain things are carried out in detail.All of this is backed up by literature that has been written by others who have the same belief system or concept of what GOD is like or about. This literature is then produced as proof that their GOD is the correct path, and all others are simply wrong.

Instead of being tolerant of each others path....one or both will start to ridicule and this will increase into violence sooner or later....then individuals, and entire cultures cease to exist on this physical plane.\

I said cease to exist on this physical plane, as theRE are some who will argue that death does not exist. Their reasoning is we are all children of GOD, so if we are part of GOD and the soul can die, so then GOD can die....However....if the creator has and forever will be...then the soul cannot not die but can only be removed from the physical plane of earth....if this is so, then no one has ever been killed either by any terrorist or hitler...the soul just made a transition from the physical to the spiritual...thus still lives...just on a different demension or plane.

Then the concepts start to kick in as to where or what happens to the soul during and after this transition...

Does the reader see how one concept leads to another concept and conflict...?

Now are you starting to see what a hell of mess religious concepts create for man kind?
The key to removing this conflict of concepts that has been carried for centuries is simple.
Simply remove from each concept the word "Superior"....and add ...this path is true for me...it may not be true for you...

If this happened...I believe most if not all religious killings would immediately stop not only in Iraq, but in all countries.

-- June 17, 2006 10:42 PM ∞

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Sara Madgid wrote:

Carl;

You said it again:

"each can CREATE THEIR OWN VERSION OR CONCEPT OF JUST WHAT THEIR GOD IS ALL ABOUT AND HIS OR HER PERSONALITY..."

I get it.. really I do.

Y'all just think God is whatever you think He is.. just create your own version and that is what God can be - to you.
Okay.. understood.

But I just have to ask.. what about the flipside? What if that "pick your own concept of God" is wrong? I mean.. if those who believe in a "set concept" or "fixed idea" as depicted in the Bible and not whatever else they want to dream up in their own minds instead.. if THAT concept really is handed down by the Deity and they really ARE hearing right.. what then?

The other way round I don't see any real consequences.. certainly nothing of any eternal significance if the Bible concept of God is wrong.

Isn't it kinda wise to check and not simply assume?

As Jesus said:

Joh 7:16 Jesus answered them, and said, My doctrine is not mine, but His that sent Me.

Joh 7:17 If any man will do His will, he shall know of the doctrine, whether it be of God, or whether I speak of myself.

Maybe if you tried DOING God's will, as Jesus said to do here.. then you would know if Jesus was speaking out of his own head just pie-in-the-sky stuff.. or if He was talking doctrines straight from the throne of the Almighty. Maybe try Matthew 5 for some things you could try doing to see if the teachings are pure and true (from God) or not?

Couldn't hurt, could it? :)

Sara.

-- June 17, 2006 11:33 PM ∞

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Laura Parker wrote:

Hi everyone, This is my first posting to this board. I have read quite a bit of the exchanges and I believe this groups exchanging of ideas about religion is right on...as the war is about Islam. However, If I understand the last posting--I believe it was Roger's, It would appear that your position on God is you have your idea and I have mine and that is ok (To paraphrase the idea). What if, Roger, God does not share you idea of what is good for your life?. What if, there is only one true religious faith--and you did not take the time to find out God's purpose for your life Roger. Not every religion teaches the same types of truth. It would appear that what you were saying that your truth is ok for you and mine for me---that you have bought into a relative truth theology. I strongly suspect that this perspective of God will be unacceptable to God--upon each person's accounting of our life's worth, especially in light of what Sara has told us about God showing himself to us in the name of Jesus. It is true--that each of us will have to make a decision about what we will believe about God; However, I would strongly advise you to make sure of your deity. I have followed the discussion on the dinar for some time with interest. However, even more important than the dinar is "What in the world am I doing here on plant earth? What purpose did God create me for?"(Questions to ask one's self.) Jesus said, You will know the true followers by their fruits. I like Sara, do not like the killings (war). However, there comes a time when decency is the standard on protecting others from being killed. This is what is different in the religion that Sara is speaking about, you take it or reject the words of Jesus and the responsibility for your actions and unbelief are yours. We cannot save ourselves from our own sin. Someone on this board asked, If Jesus died for my sins, than my sins are taken away. This truth is true. However, there are preconditions for this gift of eternal life with him. He expects us to live a holy life. To be holy is to live a continuing life without sin. I personally do not believe it is possible to live a completely holy life without sin---and like the Apostle Paul I stuggle with holy living everyday. I struggle with what I should do and not do (admissions and omissions in my actions)in my life. For this continual sinless life, I need the Lord's continual forgiveness to live a holy life. We are called to "Be Holy, Because God is Holy" according to scripture. In the end, if I am wrong, I will get the same 6 foot of dirt you will get. However, I will chose to live my life in caring about the Lord's purposes in my life. One of these purposes is in my sharing with you, To give the message of Christ some real thought--it will make an eternal difference.

-- June 17, 2006 11:53 PM ∞

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Laura Parker wrote:

Sara, Thanks for your posting. I read it after my own response to Roger's and Carl's posting. I believe you explained the problems in logics related to a "fixed idea" well.

I think you probably expressed your ideas better than I did, however, I felt an obligation to express my own reaction, even if inadequately about the concept of God and what he expects of his creation.

His gift is a free gift and I thank him for it everyday. However, as I had to point out, we a bought with a price to be holy as God is holy.

-- June 18, 2006 12:30 AM ∞

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Sara Madgid wrote:

Awesome input, Laura..
Thank you! :)

I appreciated your reaction and expression very much, especially about the holiness of God. You are right..

Carl says people who believe in God try to defend His honor and I think we come across that way when we are just trying to portray how the God we serve says He sees things. By necessity, explaining a Holy God's view is going to come across a trifle high because we see God as someone to be honored.. and revered and respected. I think that comes across.. to those who don't follow Him. They call such persons as ourselves "God fearing".. which isn't a bad term, really. I think it a healthy kind of respect - like respecting fire and what it can do, rather than a "cower in fear and humiliation" kind of thing, as some who don't wish to have any fear of God think of it.

You know that it is such a vast area - the discussion of God.. it is nice to have other viewpoints on it, too.

So Thank you again for posting,
I appreciate it :)

Sara.

-- June 18, 2006 1:51 AM ∞

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Roger wrote:

Sara, love you,
Carl, you're the man.

OOOOkayyy, seems like we have thoroughly establish our religious positions and viewpoints about God.

I must say, I agree with the previous speaker, it's just a fingermassage now, keeping a site going for the sake of keeping it going I guess

I actually feel a bit bored to tell the truth.

I really wish a real a-hole would walk in on the scene now, categoricly quoting false physical laws and and not giving up on the Flat Earth Theory.

I've got a question for anyone out there that is familiar with bank routines, and hopfully would know somthing about how a bank works.

We had earlier this discussion about what a possible scenario could be when the Dinar hits the market.

I'm thinking, the Iraq Central Bank must now just keep the Dinar steady, thats all they have to do now, during the unstable phase of the countrys development.

Thats in itself the easy part, keep the dinar pegged to the Dollar, ok so far so good.

From that to a point of free exchange is a pretty big step, and full of risks.

If the Dinar takes a dump the first couple of weeks, I'm sure there is some allowances for that too.

However, if worse come to worse and the Dinar passes a pre determied pain level, would there be any safety measures in place at that time.

The 1929 Wall Street crash happened because there was no safety measures built in in the system at the time. Today the market can swing pretty good, but a total collaps like the 1929 is not possible, there are numerous safety features built in into the system today.

From what I've read, the Iraq Central Bank is closely monitored by foreign banks, on site, and personell are taken abroad to get updates and education in modern banking.

I would guess, but don't know, that the scenario where all the worlds Dinar holders are rushing to a bank wanting to sell off, is thought of, by the Iraq Central Bank.

One possble plan could be that it will be a gradient opening of the market, by alowing bank by bank with a couple of days interval start the trading, thus take the rush momentum out of the introduction.

Can someone explain to me, right now, the ICB is auctioning off dinars, and its bought with dollars.

So the ICB now get rid of lets say 30 million dollars worth of Dinars one day, and are now in possesion of 30 million dollars.

The money just sold, is that the money that is now taken to the dealers and resold to customers in EU and US?

I dont see how that matches to the policy that you can't bring currency out of Iraq?

Who IN Iraq would sit on a fortune in dollar, and with 30 to 50 million dollars a day buy Iraq Dinars?

It's obvious to me (correct me if Im wrong) that this is dollars that originate from outside Iraq, the dollars are brought to Iraq, exchanged for Dinars, and then the Dinars are shipped out and resold to suckers like you and I.

The only "gold standard" right now is therefore the daily dollarvalue for the Dinar, and thus it has a pegged value.

The supply of the Dinar must therefore be replenished by printing new ones that can be sold daily.

So the outer world will eventually have an abundance of very very cheap dinars.

Any nation with a strong currency is always in a better position than a nation with a soggy weak currency.

As far as I can see, again, correct me if I'm wrong, the trick here is to transform the value of the Dinar, from dollar backed, to its own value.

Perhaps the trick will work because of the simple fact that very few knows. I mean, the daily life in Iraq will continue, the prices will not fluctuate in Iraq according to the Dinar value, but it has it's own internal value where the gas cost so much, and the rent so much and so on.

In the final analysis, it will be worth exactly how much you THINK its worth.

A Dollar is'nt actually worth more than a piece of paper, and the same goes with any currency.

The total agreement in this country and abroad that the Dollar is allmighty, makes it strong.

If in one country, this or any other, all the bankmen, industrialists, and a couple of politicians, were to stand up on a podium and be very very sorry to announce that the currency in the country is actually worthless, it would be worthless in an instant, because we now will stop agreeing that it has value.

If you exchange a fish for a pearl, the fish and pearl have the same value.

If you can buy a fish, and sell a pearl for a dollar, the dollar (Dinar, Krone, Yen whatever) is now only the go between between two established values.

If the same transaction takes ten dollars, then the value of the dollar is ten times less, but the original value of the fish and the pearl is the same.

So in itself it's fully possible to have a healthy economy with monetary units that is much smaller than our established Dollar.

The Japanese Yen have been cruising pretty much in the 100Y to $1 range for decades.

That may me think that an Iraq Dinar in the $3 - $3.50 is not likely.

If an Iraqi man takes home in todays value about $200 month.

But he is hauling home Iraq Dinars, that means he's take home is about 295-300.000 of those funny looking bills every month.

If the value of those Dinars goes up, he will probably haul home the same, but now he can buy a lot more of it, as whatever he buys will have greater buying value (when imported) He will se a drop in prices, and thus a rise in his own bying power.

For the Dollar to be 3.50 against the Dinar, means the Iraqui country must have lived up to its dreams,and its far from that now.

Even to be in par with the Dollar, we must assume that the country have yealded such a wealth that the average worker will take home $300.000 a month. And have the equal buying power of a Dollar.

Then there is another trick that can be used, and have been used by many nations in the past.

On Friday, it's announced that the banks will be closed on Monday, a devaluation or re evaluation of the currency has taken place.

You could buy one hundred Ogabubus, From Ogabebeland the week before for a dollar, now you're only getting one.

OOoops, some got rich and some got poor in a hurry there.

Where this will go is anybody guess, but just off the cuff, with the figures avaliable today, it seems like the Dinar will be a ten cent affair.

I would dance all the old Indian dances if it would do a Dollar or more, but that's for a possible scenario far in the future.

The figures at hand, in my estimation says ten cents, and thats a lot for me, I'll take it anytime. That will get my boat floating.

Any comments please, I'm not too strong on knowledge of how banks works, I'm just a Jack of all trades, and a master of none.

-- June 18, 2006 3:15 AM ∞

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Roger wrote:

From Far Side

Abraham Lincoln s first draft to the Gettysburg address was eventually rejected.

Parts of it read:

...and the bartender said, -"Hey this doesn't look like a duck".

(wait for laughter)

Four scores and seven years ago....

-- June 18, 2006 3:50 AM ∞

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Carl wrote:

Roger!
You have a good pragmatic understanding of how the currency market works on the street. Your value fiqure given for the projected Dinar value to me seems reasonable and eventually will be achieved.....Time is the unknown gredient here....sort of like making a cake with a defective or underperforming stove....no really knows how long it will take before the cake can be removed from the oven...

-- June 18, 2006 6:23 AM ∞

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Carl wrote:

I WANT
to say thank you to Sara, Roger,Laura and the others who particpated in our little "CONCEPT OF RELIGION EXCERCISE". Also a thank you to the readers who just shook their heads and stated to themselves "WHAT THE HE-- IS THIS CRAP" Your patience was appreciated. I hope if anything else it got all who read these post to thinking ...

The purpose here was not to convert you to either side, but to allow you the reader to realize that religion in certain areas are more that a Sunday Habit to some. When a certain concept of the diety is all you have... it tends to identify you, it molds you, it starts to interact with your every day events and how you respond or not respond to certain things that happen in your respective world during the waking hours.

Emotions can get intense here, but in certain parts of the world where nothing exist to occupy their time but religion, then you begin to get a sense of that type of environment..and the intolerance that brings on mass killings and prejudices.

Now! lets continue to being the Dinar cheering section ....as the announcer says... on this end of the field we have the al-Sdar Militia....the ass kicker tonight will be.....

-- June 18, 2006 6:39 AM ∞

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Sara Madgid wrote:

Hey Carl, Roger.. Laura..
Appreciated the religious discussion! :)

Now, Roger, as for the Dinar value. I am a fan of a certain fellow introduced on the investorsiraq forum by Doctor Cashflow named Hawk. These are all made up names, obviously, but what they brought to the table of discussion was fascinating. :)

Doc's friend Hawk is like a real estate broker.. except for countries. Just as a real estate broker walks into your home and evaluates what your home is worth for putting on the market, Hawk's vocation and calling in life is to evaluate countries.. and the worth of their currency. Therefore, with Hawk's "opinion", you have the opinion of an expert.. an EXPERT OPINION.. not a 'Jack of all trades' opinion. That made me sit up and take notice of what the man said.

And what he said was this. Given the asset portfolio of Iraq (export, imports.. oil.. other commodities, etc... he knew all the criteria) he valuated the currency of Iraq as having a true worth of .70 USD. I have always thought of that as its rock bottom dollar value. And, it is a heck of a lot better than your ten cent value, Roger, isn't it?

My initial reaction was probably like yours, "Really?!" in a shriek of delight. However, then the realities of the POLITICAL situation came into play.. and I realized that the intrinsic worth of your home on the market can be influenced by other factors having NOTHING to do with whether you put in oak cupboards or cardboard.. in other words, the Big Boys.. banking sector, political aspects.. etc, etc.

From this I began to realize that what you said is true.. money is really worth not the intrinsic value of the assets you own (same as your house) but what the market and political situation dictate.

When some rumors surfaced saying that those who are bankers and politicians are thinking of pegging at close to on par with the USD, I didn't turn my nose up and say "It can't be done." I thought.. "That would be nice." After all, I am not in control of these geopolitical factors, they are. So I didn't discount this as a POSSIBILITY since I "hung my hat" on the belief that Hawk is correct and the Dinar has an intrinsic worth of around .70 USD. I figured one EXPERT is worth a thousand "Jack of all trades and masters of none" standing around, scratching their heads and saying.. "Hmmm.. dunno.. maybe the Dinar is worth.. this?"

Then I thought just like you did, Roger.. money is really only worth what people AGREE it is worth. I realized that, though the country can be valuated at .70 USD based on its true asset value, if the Powers That Be think it worth upping the value to 1:1, then, it will be worth 1:1. Maybe, I thought.. this is based on possible reserves not put into the original valuation model?

Quote:
Oil Scene

Arab News - 23/03/2006

And in this perspective, contrary to its potential, Baghdad currently plays only a marginal role in the global oil markets, for obvious reasons. Yet its role in the industry cannot be marginalized for ever. The war-torn country today sits on 11 percent of the worldwide proven oil reserves of 1,050 billion barrels. This enhances its potential long term significance for international oil supplies. Experts believe Iraq's share of oil reserves might even be higher. If potential reserves are to be included, and if at least some of the US projections and forecasts about Iraq are to be believed, Baghdad could boast of holding as much as 432 billion barrels.

http://www.menafn.com/qn_news_story_s.asp?StoryId=130224

This is like adding an extra wing onto your home, you definitely add value if you add in the POTENTIAL reserves (something the Hawk model does not include, his is only current value, like a real estate broker). So.. maybe it is worth more.

These are the reasons I see it as plausible for being worth.. somewhere in the range of .70 - 1.00 USD. Whether it will be valuated at that or not is completely in the hands of the Powers That Be.. as to IF.. or WHEN that may happen.. according to their ideas of what will fly and when.

Some people think if they do not set a value to it, but just let it float openly on the market, the market will place its valuation at around this mark, or greater.. because the demand for it will go up (supply and demand). For every little Dinar investor cashing in their few million Dinar, there will be the HUGE banking interests who are buying in at the BILLION Dinar levels.. those who speculate and hold world currencies. So we don't really count as influencing this dynamic. We are like fleas on the camel's back.. just along for the ride on the Big Guys deal. It is really a Powers That Be deal - normally a thing done between governments and the large players - which, for some kind reason, the US government allowed us to have a part in by allowing us to invest in Iraq's currency. (Or, maybe God had a hand in it for His reasons? - But we aren't considering the theology aspect of the deal, right? - grin.)

Sara.

-- June 18, 2006 12:47 PM ∞

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Roger wrote:

70 cents from the expert, and 10 cents from Jack.

Either way, I'll take it. However the 10 will be sooner and the 70 will be later so it's more of a waiting game.

It seems though that countries that are new in the free market exercise sometimes dont know what theyre doing.

I'm refering to PR, ways to sell things, what you say and what you dont say to a customer.

How to sell it, and what image you want to give to the world about your comopany is well established here and in other "business" countries.

Any controversial, conflict or internal problem is always kept closed under wraps.

I was just curious about this Warka bank and pulled it up.

On their official site, thrown in between statistics, offerings and information was a comment that just blew my mind.

It said that there has been cast a long shadow over the bank after the chairman had been arrested, he has been released but no charges has been filed.

It didnt say much else than that.

Then it continued to give other bank information.

I laughed my lips off, check it out, search for Warka Investment Bank, and pull up the page.

Imagine you walk into a bank and want to discuss financing of your house, but have to rescedule with the reason given that the loanofficer has'nt been bailed out yet, but tomorrow after two o clock would be fine.

-- June 18, 2006 2:11 PM ∞

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Sara Madgid wrote:

Roger wrote:

Imagine you walk into a bank and want to discuss financing of your house, but have to rescedule with the reason given that the loanofficer has'nt been bailed out yet, but tomorrow after two o clock would be fine.

===

I would not be likely to do business with such a bank.. would you?

Hmm.. interesting that it doesn't bother some, though.. isn't it?

My guess is that some people will believe almost any excuse people give for such an.. "irregularity".

Some people are such trusting souls.. one born every minute??

Sara.

-- June 18, 2006 2:19 PM ∞

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Sara Madgid wrote:

Raids in Iraq rounding up hundreds of members of al Qaeda -- Snow

WASHINGTON, June 18 (KUNA) -- Claiming "significant inroads in fighting terror," White House press secretary Tony Snow on Sunday said recent joint U.S.-Iraq military raids in Iraq have resulted in the roundup of "hundreds of members" of al Qaeda in Iraq.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=878074

-- June 18, 2006 3:55 PM ∞

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Laura Parker wrote:

Hi, Roger, Carl...Sara,

I appreciated the discussion on the "concept of God" too and did not intend to sound high and mighty, although it may have come across like that. Sara was really right on her later postings!

Now, on to dinar discussion.

I have read alot of what you all have written. Being a couple of years behind from when this board was set up in 2003 year, I have read and read and I have had my eye balls feel like they were popping out my head. The screen was too much reading. I decided to print the discussions from the pass. To come up to speed, I literally skipped large sections to see where you are today.

However, on Sara's previous post, when she spoke about the investorsiraq-Doctor Cashflow-named Hawk, I caustioned myself with the above estimates with the knowledge that there is approx. 8 trillion of these dinars in circulation. Values of .10 cents and .70 cents to usa dollar is very optimistic. However, the house example is one that is good as one's house is only worth what a buyer will pay for it. The other observation is that banks must give an optimistic view for the IQD to not set off a market (inflationary/or to set off a depression).

In 2005, when everyone was writing about the bank rep. that was placed in jail due to what appeared to be funding of terrorists, I too felt a sort of sick feeling inside.

--The biggest concern was with investors who opened bank accounts having their personal information inside of those banks.

--Even though, someone wrote the bank in question, they really did not explain the reason for the arrest; why the bank rep. had the large amount of mony in his home etc.

--I was considering the same option of opening up a bank account in Iraq and then this concern came up.

--The advantages were listed by I believe Sara. An investor did not have to worry about the 2010 merging of dinar (with other opec members). This being a biggie reason.

--However, security and corruptions are even bigger down falls for the above option.

These are just some observations. I have yet to invest in the dinar and I have been wondering about the window of investing and how long it will stay open. Iran is a big question. And the peg of this currency is another one. What is the dinar currency at to usd?. Anyone?

-- June 18, 2006 11:09 PM ∞

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Sara Madgid wrote:

Laura, you said that I gave some advantages to investing in the Warka Bank. I have never done so. As you said:

--Even though, someone wrote the bank in question, they really did not explain the reason for the arrest; why the bank rep. had the large amount of mony in his home etc.

That fact alone was enough for me to stay away from investing in that Bank personally and I have never endorsed giving your money to any Iraqi bank.

I will think on your other points, but I just did not wish anyone thinking I had or would endorse what appears to be a possibly crooked bank.

Sara.

-- June 19, 2006 1:19 AM ∞

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Laura Parker wrote:

Sara,

Let's back up. I know, what I was thinking-- was not clearly understood by you.

In my reading of previous posts, after the arrest of the bank rep. it was discovered:

1. The bank rep. had a large amount of dinars in his home.

2. An accusation was made by what I believe was an Iraqi citizen (in a news article from what I recollect) that the bank rep. in question was funding terrorist organizations.

--With these two pieces of information, there was some speculation on the board that possibily the bank was being used as a front to fund the war on terrorism.

--The next question was if this were the case, why would people invest in a bank that is funding terrorism? and the question was asked with a favor of anyone investing in an Iraqi bank is deliberately investing in terrorism.

--Then after this comment, a comment was made, who do you think is looking at the personal bank information of people who opened an account in that bank?. Of course, the Iraqi government and the USA. All points may not be exactly in order that they were asked---
It was here that I recollect someone pointing out (and I belive it was you Sara) that there are lots of reasons, people might consider opening a bank account in Iraq i.e., and you gave those reasons.

--This was what I meant and not necessarily that you backed a partcular bank or banks in Iraq.

--If necessary, I will look through the massage paper on previous postings. I think it happened in year 2005.

--I hope this clarifies what I meant and if I am wrong about my recollection, I truly do apologize.

-- June 19, 2006 4:54 AM ∞

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Laura Parker wrote:

Sara,

I am not even sure it was the Warka Bank.

--However, the official in the bank was the person running the bank.

--I do remember that one of the reasons given for opening an account in Iraq was: a person could avoid the problems of having to exchange currency in 2010 year or at any other time, if Iraq changed its currency.

--Again, you were not endorsing banks in Iraq; this was just general discussion.

I hope this helps.

-- June 19, 2006 5:20 AM ∞

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Sara Madgid wrote:

Saddam trial is finally in its "final phase".. with a soon to come "final summation".

Sara.

Prosecution seeks death penalty for Saddam
By BUSHRA JUHI, Associated Press Writer
June 19, 2006

BAGHDAD, Iraq - The prosecutor in the Saddam Hussein trial demanded the death penalty Monday for the deposed leader and two of his top co-defendendants.

The arguments brought the eight-month-old trial into its final phase, and after Monday's session, the court adjourned until July 10, when the defense will begin making its final summation.

http://news.yahoo.com/s/ap/20060619/ap_on_re_mi_ea/saddam_trial

-- June 19, 2006 9:48 AM ∞

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Sara Madgid wrote:

Iraq to receive UN political, economic support
MENAFN - 19/06/2006

(MENAFN) The Secretary-General of the UN has approved Iraqi and US requests this week, to provide Iraq with strong support in developing the International Compact, KUNA reported.

The UN will cooperate in the coming days with the Iraqi Government and the donor community - including UNDP, other UN agencies, and the World Bank, to come up with a joint approach to support the new Iraqi Government, according to the statement.

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093117122

-- June 19, 2006 9:50 AM ∞

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Rob N. wrote:

All:

Will someone comment on the statement regarding the 2010 merger of the Iraqi Dinar with the other OPEC nations? I am guessing if this occurs the Dinar curency price will move in a similar fashion as the Euro.

Imagine (maybe for a moment) the Iraqi Dinar reaches a 1 for 1 ratio with that of the American dollar (obviously there are some advantages and disadvantages to this type of evaluation). What one item would you give in and purchase with this new found wealth?

Thanks,

Rob N.

-- June 19, 2006 11:03 AM ∞

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Sara Madgid wrote:

Laura, no problem at all..

When you said:

It was here that I recollect someone pointing out (and I belive it was you Sara) that there are lots of reasons, people might consider opening a bank account in Iraq i.e., and you gave those reasons.

===

Likely that was true. But I do not endorse opening such an account. I personally do not think it wise.

As for your saying:

These are just some observations. I have yet to invest in the dinar and I have been wondering about the window of investing and how long it will stay open. Iran is a big question. And the peg of this currency is another one. What is the dinar currency at to usd?. Anyone?

====

The investment window for Dinar remains open until the Powers That Be decide to Revalue (RV) or PEG the Dinar value. At this point in time, the Dinar's value is arbitrarily set and maintained at about 1460 to the USD. It is listed on the foreign exchange market, here:
http://www.fxstreet.com/nou/graph/senseframesquotesnetdania.asp?pv_symbol=USDIQD

But as you can see from this one, it is also waiting to be released to the foreign exchange and trade freely:
http://quote.yahoo.com/m5?a=1&s=USD&t=IQD

You can see from this and should understand that the Dinar is not subject to world currency market forces as the other currencies like the USD and Euro are. It is kept at a phenomenally low rate right now, artificially. However, how long that can be maintained when Iraq really needs a normal and trading currency like everyone else has is anybody's guess. It might be wise to get a million Dinar now, if you are interested in this speculative investment. Then you have your "ticket" on the Dinar train, and if you feel better as you learn more you can buy more. It would be bad if you missed it, is all I am thinking.

They have come a long way, the Iraqis. They have gone from a dictatorship to a Democracy with a Constitution and have just recently seated their Government which was elected by the people. Those are some pretty impressive and large political steps for people who were once oppressed and gassed to death by Saddam and his henchmen. I therefore can see no better time than the present to RV or PEG the Dinar in order to stimulate the Iraqi economy by bringing in foreign investors. Having a fully trading currency which is subject to world market forces - just like the rest of the world currencies - will establish Iraq's economic place in the world. Until this happens, it is still in baby stages - like a child living at home who isn't making it on his own. Until they get their currency "out there in the real world" and allow it to be subjected to the world forces on its own, they won't be able to attract foreign investors and will be stuck with governmental handouts from other nations.

I do think their currency is worth more than 1460 Dinar to the US Dollar, even with the security situation the way it is. There are other hotspots in the world, but their currencies are not worthless even with that unrest.

Sooo.. it could be very soon that they decide to put their currency on the world market. You must evaluate in your own mind if you can afford to put money into this speculative venture and how much.. and also the risk factor of not doing so. Prayer helps! :)

Sara.

-- June 19, 2006 11:49 AM ∞

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Sara Madgid wrote:

Bush Pledges Security, Economic, Diplomatic Support to Iraq

The United States also will encourage international donors to fulfill the monetary pledges they have made to Iraq, and will help al-Maliki in his efforts to forge a new international compact. "Under this compact, Iraq will take a series of steps in the political, economic, and security areas, and in return, the international community will provide Iraq with more robust political and economic support," Bush said.

http://newsblaze.com/story/20060618102116tsop.nb/newsblaze/TOPSTORY/Top-Story.html

Laura.. what kind of "economic steps" do you think Iraq might be ready to make?

Sara.

-- June 19, 2006 12:11 PM ∞

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Laura Parker wrote:

Hi, Sara--

Thanks for your inpute on iqd vs. usa dollar. I could have looked it up; however, I figured you would know. And, you are right prayer always helps.

--On the article in question--that I keep trying to recollect---I will look for it--when I go back to reading this group's past postings. However, I was left with the same kind of feeling you had Sara, on how wise it was in even opening a bank account in Iraq--due to the arrest---and corruption issues in that country.

I am looking at this dinar train as a very good gamble, especially in light of biblical prophecy.

However:

-- we both know that the events and timing of biblical prophecy is anyone's guess--as only God knows.

--If, Iran enters the game--the time frame for the dinar maybe extended (timewise) before it pegs; or zero it's value out- should the currency become worthless due to a nuclear war.

I had mentioned this site to a friend--and explained my excitement at seeing this site. It (the site) has everything: i.e., economics (supply and demand); history; religion; politics; war history to name a few.

When I found the site, I was looking for news on how the war in Iraq was going and how Iraq's people are bearing up under such circumstances. I was a little upset with what I felt was cnn's filtered news. Your news briefings on this site kept me informed.

So--Sara, keep up the good work and keep those articles coming.

Laura.

-- June 19, 2006 12:55 PM ∞

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Okie wrote:

I took a trip for a family reunion ( and yes…it was in Oklahoma…where in the hell do you expect an Okie to go for a family reunion!) this last weekend. My journey was from Houston to NE Okla. via Dallas and several smaller cities and towns. I always listen to the local AM radio stations on a trip like this just to see what people are talking about. I heard a lot of discussion regarding the political debate on Iraq and the pros and cons being tossed around.

There was a lot of anger, from the people calling into the stations, about the position taken by Kerry and his fellow liberal Democrats on the subject of his “get all the troops out of Iraq….Now !!” comments. The thumb drive found on the body of Zarqawi contained a lot of information and also called for any action possible to get the Americans out of Iraq because our troops had almost wiped out Al-Qaida and was quickly putting them out of business. His only hope for the survival of Al-Qaida was for our troops to leave Iraq.

The anger expressed by the radio audience centered around the fact that Kerry and Zarqawi had called for the same action plan in Iraq. The discussions on the radio were very heated but the consensus was that both of these people were a little stupid and desperate.

This area of the country is hard core middle American and they will all tell you that their best friends are two guys by the name of Smith & Wesson”. They won’t use their friends to vent their anger but I’m sure they will use the ballot box in November.

-- June 19, 2006 2:06 PM ∞

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Laura Parker wrote:

Sara,

I saw your lastest posting and your question to me about what kind of things economically do I think the Iraq government will need to do (as it related to Pres. Bush's surprize visit to Iraq)?. Well Sara, this is deep subject...considering oil wells and all. Just joking!!!

--I think the article is very specific about the work Iraq has to do:

--Infra-structuture building: Putting in electric plants; water/sewerage plants; construction of businesses; Oil Wells to be produced.

--Security issues related to terrorists; criminal activity; and then other factions inside the country that is related to terrorism.

--Economic issues: related to forgiveness of debt by foreign governments and help from investors all over to spur economic growth.

--President Bush also stated that Iraq asked for help with production of electricity; security issues and help with agricultural, treasury issues. President Bush stated in his televised address he would send his secretary of agricultural and treasury to help Iraq.

I believe these issues have been touched upon from others on this forum.

--I find it interesting that the former Al-Qaida leader wanted the USA to get Iran involved in the war against the good old USA. It sounds like Carl had some wisdom in this area.

--Also, in my listening to news casts and news articles, one of the items that naco countries is offering to Iran is parts and military planes.

--My observation is: this may keep Iran out of a war for the time being, (that is if they agree to stop going after weapon grade uranium)and give us that window for the dinar to peg and re-value.

--My husband is a nuclear engineer and he states that uranium is only needed to be 3 to 4 percent pure for electricity production.

--uranium levels were found much higher than the 3 to 4 percent by International Atomic Energy Agency. I remember reading about this as the site by Iran had been removed. I don't remember whether I read it.

--Iran is definately after nuclear missles. This is a frightening reality!.

--Much Prayer is needed for all!!!

Laura

-- June 19, 2006 3:25 PM ∞

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Laura Parker wrote:

Sara,

--A mistype on the uranium level section should read, I don't remember where I read it and not whether I read it. Oh, now I remember, where I read it. It was a News Weeks Magazine article entitled "Devoted and Defiant" Iranian President Mahmoud Ahmadinejad says he doesn't want nuclear weapons. The world is suspicious. How dangerous is he. (February 13, 2006 issue). See the picture, it states "Kalaye-After a long delay, Iran let the IAEA visit in 2003. Key areas had been renovated--but samples still tested positive for highly enriched uranium."

-- June 19, 2006 3:48 PM ∞

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Outlaw wrote:

Well hello gang... I was just getting caught up on the mail and thought I'd clarify something that I don't think many people realize and understand about the amount of Dinar bought and sold daily through the CBI.

First of all... Up until just about 6 months ago all LN Contractors (Local National Contractors (Iraqi's) performing work at U.S. Government installations and on U.N. Rebuilding Projects), were being paid directly with green backs. The U.S. Government changed this policy for two reasons, the major one being to spur the Iraqi's Banking System and to also try to reduce the amount of corruption found within a strickly "cash" based payment system. Presently all LN's are paid by a check, which forces the CBI to update their systems to Internation Banking Standards, and to create the "trickle-down effect" to all the smaller banks within Iraq.

This means that no one can accuratly determine how much is being purchased by the banks to cover those checks or if the banks are selling these Dinars directly to investors, like ourselves. I would say that the amounts being reflected are more related to the internal cash flow of country -vs-speculative buyers. I base this assumption on the fact that the U.S. alone is spending some where between 10 to 15 Billion a month on the war... How many millions per day of that do you think is being pushed through the CBI? Just food for thought!

Hello to all my buds in the sandbox....

Outlaw.

-- June 19, 2006 5:32 PM ∞

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Rob N. wrote:

All:

Interesting reading from www.edinarfinancial.net:

Iraqi Dinar E-book hidden Facts information "Fair and Balance"
Updated:03-19-06

I am an independent contributor for eDinar Financial writing section. The topic is "Making an extra Income through writing Iraqi Dinar EBook and not covering the actual Facts".

I will be writing a short story article about Iraqi dinar Ebook, which I came across and basically wasted my money buying it.I will also cover simple hidden sale techniques of Iraqi dinar ebook sellers.This article is for information purposes only. The views and opinions expressed on this short story article, do not necessarily reflect the views and opinions of owner or any affiliates of eDinar Financial. If you have any questions regarding this story, please contact the support team of eDinar Financial.

Following are the few facts which prospective buyers of Iraqi dinar Ebook dont know.

What is not told by Iraqi dinar ebook sellers?

What is the purpose of selling Iraqi dinar ebook?

How can an Ebook writer gets all information about Iraqi dinar?

How can I get Iraqi dinar information?

How to compare Iraqi dinar prices?

Should I take risk and open account in Iraq Bank?

Can we open accounts in Iraqi Banks and what is the procedure?

What are the laws for opening an account in Iraq Bank?

Am I better of buying here in United States and simply keeping it here locally?

First of all, now a days its not difficult at all to get information about Iraq, its currency known as Iraqi dinar, Iraqi Banks and Iraq News. I would like to know why buy an Iraqi dinar E-book when you can get all information from different search engines and online resources on the net for Free.

Lets make it simple and ofcourse Free."Did I use the word Free..."

Dinar Ebook writers concentrate on mostly three things throughout the ebook. The three things are

Exchange rate of Iraqi dinar,

Iraqi Banks(but do not tell how to open an account)

And comparing local exhange rate of dinar in Iraq with United States dealer prices.

Now let me tell my experience reading the Iraqi dinar eBook.Iraqi dinar Ebook did not stated at all that how to open a Bank account in Iraq but instead the writer just copied the name of Iraq Banks from Central Bank of Iraq website and pasted.Ok...... Wonder, how he got this information. So basically getting free information from Central Bank Of Iraq website and selling it to public and claiming that this information is either no where to be found or did an extra research of finding Central Bank Of Iraq website.Wow,you indeed get an extra credit...

Let's ask the Dinar Ebook writer three simple questions;

Did you personally open an account yourself with one of the Iraqi Banks you stated in your Ebook? ofcourse the answer will be "No".(Then why are you giving us this information).

Second question; If I would like to open an account with the Banks stated in your dinar Ebook;can you assist me? Ofcourse the answer will be "No" or if the answer is "Yes",there will be extra fees of services with no outcome.

Third question; You mentioned that you own some Iraqi dinars,do you mind telling us where you keeping it,locally or in Iraqi Bank? If "Iraqi Bank", than why didnt you mention this in your dinar ebook. Why did you just give us the name of Iraqi Banks instead you should have given the name of your Bank who you have an account with in Iraq,as you must have done a lot of research before sending the money overseas. It would benefit us in not doing an extra research on the Banks as we dont want to fall for "Scam" and it will be worth buying your dinar ebook.If answer is "Locally",than why you telling us to send the money overseas in Iraqi Bank when you yourself is holding your own dinars locally.

Anyways,I thought of contacting one of the Bank listed on the dinar ebook.First there was no number to the Bank and second no fax Number. So the last option for me to contact them was through email and believe it or not,the email was a hotmail account instead of corporate email address.(what kind of Financial institution is it?) Finally I send an email and waited almost a week before I got a response back.Can't even call it a response as the only thing mentioned was Bank account info and requesting the money should be sent to them only in US Dollars. I was quite surprised that the Bank was asking not for Iraqi Dinar (local currency) but instead asking to deposit a foreign currency US Dollars.Now a suggestion for ebook writer, I am better of holding my Iraqi Dinar here in United States until the conditions in Iraq get better. Please be my guest and send your own money to Iraq.

I also would rather go with a local US Dinar dealer and pay between 800 US Dollars-900 US Dollars per million Iraqi dinars and hold on to my dinars here in United States without any worries of holding my currency in a foriegn country Bank of which the local laws I am not familiar with, aswell not being a resident of that country.

The second thing I came across in the Iraqi dinar Ebook was that most of the Iraqi dinar buyers can get Iraqi dinar way cheaper than the current Iraqi dinar dealer prices in United States and basically used the term for dinar dealers "A rip Off"," A Mark up" and "Getting Rich". Did I hear something right, Let me repeat,"Iraqi dinar Ebook writer was comparing the prices of Central Bank Of Iraq with United States Dinar dealers. I would like to ask that Ebook writer a simple question,"Why would you compare Iraqi dinar Central Bank price with current prices of Iraqi dinar dealers in United States,a currency which is not yet on the international market nor traded electronically.

I believe that you missing the point in your so called Iraqi dinar Ebook a fact that "Iraqi dinar has to be hand carried from Iraq to United States, by a private courier service person."

Just a ticket to Jordan (a neighbour country to Iraq) is almost 5000 US Dollars (round trip).

What about the courier person charges?

What about risk?

Cost of guards?

Cost of food?

Cost of hotel?

Sevice charges?

and the most important is Time.(Time is Money).Just making a cashiers check through a local Bank in United States can cost up to 15 US Dollars, and when asked why is it too high of just making a simple cashiers check,the answer was, there is time involved in it (approx 2-3 minutes). So if I calculate by the amount Banks are charging the fees of there time,I believe the flight time to Jordan is approx 20 hrs.

each 3 min=15 USD. 20HrsX240USD/hr=4800 US Dollars (payout for courier person,just a minimum cost)

Who will cover all these major expenses?Is it going to be covered by you,an ebook writer.Do you still see any huge mark ups according to your statement.

My Dear Dinar Ebook writer, now please do the calculation yourself and include this important information when you feel your pockets are getting empty and thinking of writing another Iraqi dinar Ebook.

After doing some research,I found that most of these dinar ebook writers tried in the past to sell Iraqi dinars,created Iraqi Dinar websites and were unsuccessfull.Why I say that? Bringing Iraqi dinar from Iraq to United States is huge responsibility and risk.None of these ebook writers have guts to go to Iraq and bring the dinars back home safely.If it was that easy,than I guess everyone would be selling Iraqi Dinars. When you tend not to be successfull in some venture and feel to ruin other people business,than you write dinar E-book and try to make an extra income.

I love the idea and purpose of Iraqi dinar ebook but atleast dont hide the hardship and cost involved in bringing the Iraqi dinars to United States.Show your real research instead just getting free information from the net.

I see all investments throughout,are risky.Dinar E-book sellers claim that dinar dealers show that how much money can be made in Iraqi dinars (basically a get rich scheme) but I did a little research and took an extra time in calling different dinar dealers and also browsed there websites. Each dinar dealer website clearly mentioned the risks involved in buying Iraqi dinar. Now this was a proof to it but I wanted to make sure by calling and talking to the company representative directly.So I called one of the company and was told the risks involved in buying Iraqi Dinar. I was quite surprised and was iching my head as I really did got scamed for 25 US dollars because nothing contained in the dinar Ebook came out to be True. huh.....

Now lets try to understand the Iraqi dinar pricing concept of United States dealers. Lets start of with an example;When three gas station right across to each other can sell gas for different prices,than why not Iraqi dinar dealers can set there own price.Prices vary from dealer to dealer.

There are two types of Iraqi dinar dealers;

1:Wholesale dinar dealers (prices between $800-$900 per million Iraqi dinar)

2:Retail Dinar dealers (prices between $900 and up per million Iraqi dinars)

Before I go more forward, dinar ebook writer was giving examples of only Retail dinar dealer prices,thinking smart to play with people's mind and getting them to believe that if they are getting ripped off by super high dinar prices.I have a quick question from you dinar ebook writer,"Why do you care so much about the dinar prices,let people decide which company to choose from. Did i ask you, why you selling Dinar e-book for $25 US Dollars? Didnt you ,set your own price....

Someome asked me once which company would I choose to buy Iraqi Dinar. I would personally would look in to two factors in deciding which dinar dealer to choose from;

1:How old is the business? Must be more than 2 years old and ofcourse in good standing.

2:What are the payment methods they accept? I would prefer two types of payment method,if the company accept Debit or Credit Card or if the company accept Personal check.I believe the first option is the most reliable and quickest.

Caution: After doing a little research, I found out that some dinar dealers take Credit/Debit Cards and run manually from there different business terminal machine,which is not approved by VISA and MasterCard for Iraqi dinar orders. First of all they are not suppose to take your card info and store it in the back end system and than manually enter it.Such dealers validate your card number using a method called Javascript.

What is JavaScript method?

Check only numbers are given in the credit card but not letters or other similar characters. Check for the given card type as if the number of digits given is valid and also if the prefix to the number is valid. Use Luhn formula to check the validity of entered credit card number. This is a special algorithm that can be applied to credit card numbers to check that the number is valid.

The trick to find out such dealers using the above method is,

First Call the dinar dealer and ask;" What name will appear on my bank statement"? If its other than the name of which the name of dinar dealer website or Corporation, than basically the dinar dealer is storing your card info in the back end, which is not safe at all and also not approved by VISA & MasterCard. Please beware of such dinar dealers.

or when you are in the confirmation buy page, you should instant get an approval from the merchant gateway and the money should be deducted instantly from your account.

I would also never prefer COD only because of two reasons.

1:I have to sit all day long at my house,waiting for courier person to show up.

2:I have to go to the Bank and wait in line to make a cashiers check with an extra cost.

So in the end,its proven that there is no benefit towards buying a dinar E-book which costs between 10 US Dollars and up to 100 US dollars. If you do tend to buy it,make sure it has proven facts.

Thanks,

Rob N.

-- June 19, 2006 5:40 PM ∞

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Outlaw wrote:

Correction.... "which forces the CBI to update their systems to "International Banking Standards"

Outlaw...

-- June 19, 2006 5:48 PM ∞

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Roger wrote:

Rob N.

Wow, you did a really great homework there. I must say I'm very grateful you shared this with us.

Yes I did my first purchase some time ago, and was not happy at all, I felt it was an icky affair, sending someone back east somewhere a lot of money and hoping to get my bundle. I did get it after five weeks (promised one), but all in all I will take contact with that bank up in Wisconsin that sells Dinars for my next purchase. They operate like the currency exchange dealers, selling only right now, but it's a bank with factual officebuildings, branches and all that a bank should have.

Regarding the question that all the oilproducing countries will get a common currency.

This might or might not happen, but in order for Iraq to be a member in the forseable future, it needs to get it's house in order.

I have a very hard time seeing Kuwait, Dubai, and Saudi Arabia willingly jump in and "pull" Iraq out of their situation, by getting a common currency right now.

The Iraq financial situation will be direct translated to the other countries in that case.

In Europe this was possible but would have been impossible twenty five years back.

Southern Europe, Spain, Italy Greece was far too behind to be in par with the rest of the economies in the continent.

Spain and Italy have been growing leaps and bounds lately, and that opened up the possibilities, some concern was aired regarding Greece, it wasn't really up there yet, but in comparison, it was such a small country that the effect of Greece economy would not have any bigger effect on the European Union.

Not all European countries joined, Sweden, Brittain, and some more stayed on the side.

Sweden a heavyweight for its size, only 8 1/5 mill people but with a huge industrial output Volvo, Saab, Ericson SKF, Sandvik , Husquarna, and a few more, knew what they had, and knew that they had to pull the burden of less producing countries and stayed out. Brittain, a heavyweight in it's own right, opted for the same.

I'm sure one day they might join, but only when conditions are favourable for them.

To translate this to a common currency in Dubai, Arab Emirate, Kuwait, Saudi Arabia and Iraq, ....sorry Iraq can't play with us.

When Iraq looks more like the other countries, this will be a possible idea, but right now, the idea that the currency will be the same all over is just that, an idea.

I have not seen any more than comments, and questions about it.

I'm sure there is a certain section of bankpeople, business people and bloggers that are entertaining the idea, and are communicating it around, some do a prediction that it will happen the year 2010 and next thing you hear is someone asking about the currency that is "suppose" to be changed in 2010.

It looks like it's a fact now.

This might actuall happen, but if an operation like this happens, it will be widely announced in before hand,and it will not be an operation where the banks are closed on fiday and on monday it's in effect.

In order to do this in Europe, the European Union had to educate the people in years ahead of time. Classes were held, info on the TV was runned over and over, discussion forums on TV was held, where you could call in, newspapers had pictures of the money, so people could recognized it as being the real thing. Small paper turncircle computers, with value differences was in use everywhere, woman checking if she got the right value at the grocerystore whe she bought carrots. Billboards, subway billboards, bus billboards, for a while up to, and actually some time after the introduction, it was everywhere.

So the point I'm getting at here, if it happens, don't worry, this is an operation that must by it's nature be announced early, and an education campaign in the participating countries have to take place.

Another thing that may happen, but locally in Iraq only , is an internal devaluation. If it's external, like setting the Iraq Dinar towards other currencies, this may take place overnight, it only basically takes an announcement to have it done.

But if an internal evaluation or devaluation have to be done, this must also by its function be announced well before.

If for example the Iraq Dinar will take off in value very much, and you can't really handle millions and billions when buying cars, boats or even smaller household applicances, New Iraq Dinars can be issued, then 25.000 can be exchanged for, lets say, 250 "newer than new" Iraq Dinars. Then the old 25.000 and the new 250 Dinar will have the same value. A certain period , often pretty liberal, is given to exchange the old against the new.

For our part, as investors (Say gamblers) in the US , sitting on the "old" Dinar, it will then be a matter of exchanging paper for paper.

Normally , if the currency is exchanged and traded on the open market, any bank that are trading with and recognize the currency could do a swap.

(Ofcourse if yuou're dealing with a small branch bank in outback, wildwood, they have to take your currency, and send it away for exchange.)

Banks did so during the Euro swap.

If this happens, and the banks are still not buying and selling the currency yet, you will bet the currency dealers will do gold, getting us a second time around.

Carl,
In the corner of my last (and intermittently working) braincell I seem to remeber that you didn't want to invest anymore right now, because the situation over there is too volatile, unstable and can go hawyire.

Wuss!!!... no seriously, to me, it seems to be the exact reason why I want to get in on the Dinar.

The very reason that it has all this uncertanties, is spot on why it's time to do it.

To turn it around, if Iraq is doing well, the opportunity would be over.

The Dinar would then have passed the "cheap mark" and every new possible investment, would be more and more expensive to buy.

To me that's so darn simple, that what I have described above hardly have any deep meaning or hidden significance, that need to be in detail analyzed.

You must have some darn good reason why you dont get in on it now, and I'm just thinking if you know someting I dont know.

Is your last name Greenspan, and you have a famous brother?

Just curious, wazaaaa on that?

I could read some posts above regarding opening of accounts in Iraq, well...for my part I rather hold the currency.

I might not be as paranoid as a remote friend of mine, buying plastic pipes, put his money into it, cap it, and bury it in different location in the country side.

What I'm saying now is true, he's diagnosed with ADD.

Whatever problem he think he has, he will have a bigger one when he tries to find his stash.

Oh , well...see ya all.

R

-- June 19, 2006 11:39 PM ∞

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Roger wrote:

Laura,
Re Uranium, yes it's true, but may I however clarify what "pure"means.

E=mc2, I'm sure you've seen it.

Means, energy and matter is interchangeable.Another way of saying it is, that matter is condensed energy.

The total ammount of energy contained in matter is enormous, and our knowledge of the nucleus have to this point yelded only two known ways, fusion and fission.

Fortunately, mankind have not yet figure out how to get ALL the energy out of a nucleus.

Fission, thats when you split atoms, fusion, thats when you melt them together.

Splitting atoms is far easier than melting them together, and the fission technology is the only one used in nuclear powerplants.

The correct nomencature for the two different principles when looking at weapons are:

Atomic bomb, or nuclear bomb, for fission process.

Hydrogen bomb, or thermonuclear bomb, for fusion process.

To start the thermonuclear reaction, you need a fission bomb, as a fuse.

A nucleus is very very hard to split, the forces involved is almost impossible to overcome. Stuff like iron copper, silica, coal, and most other elements on the periodic table are too strongly held together, and the only known process that can make elements beyond iron on the periodic table is in the forces experienced in the death trows of a star. A supernova.

Elements before that on the periodic table is manufactured during the lifespan of a star.

Hydrogen to helium, in sun like stars, bigger stars continue to produce the other elements, oxygen, coal and a few more, but when the process comes to Iron, the meltdown stops. It takes more energy to make Iron than it gives away in the process, so thats the end of the star.

If and when it blows up, you will get all other elements heavier than Iron.

If we look at the fission process, the easiest to handle, and manufacture. It require very big and unstable atoms.

Uranium and Plutonium are two very heavy elements and suitable for fission, as plutonium is more of a byproduct, of processed Uranium, its hard to get hold of, extreemly expensive,and thus Uranium is the far more likely candidate for the bomb.

Now, in order to split the Uranium, it need to be as unstable as possble.

Uranium exists in different isotopes, that is, it's a Uranium atom , but might have a difference, in either nucleus, or surrounding electron cloud. One or two particles more or less.

Most mined uranium is of the isotope, Uranium 238. But to get it to bang, all by itself will be almost impossible. So it has to be "spiked" with an even more unstable isotope. Uranium 235.It exist in the mined ore but in extreemly small quantities.

What makes the process possible is a nucleus property called the strong force. A nucleus particle have an extreemly strong attraction, holding his neighbour particles. But this force have a radius of only a few particles, so they hold hands, and in a very big nucleus, the holding action is superstrong close to each particle, but the nucleus as a whole is very wobbly and unstable.

An analogy would be to observe a waterdrop in zero gravity.Im sure you've seen it on TV.

The centrifuges I'm sure all of you heard of, is part of the process, to separate Uranium 238 and Uranium 235.

The Uranium 235 will be hard to separate, exist in small numbers, but you need to separate it out and get more and more concentration of it in order to make a bomb.

You will roughly need at least 20% Uranium 235, and 80% Uranium 238 to be able to start a chainreaction. The purer the better.

Plutonium, Uranium 235, Uranium 238 and all other possible fission elements will be detected with a distinguised signature, when measured.

When doing a nuclear powerplant, you dont want the Uranium refined to the point that it can be a possible bang. The worst that can happen, ( and it has, se Tjernobyl), is a melt down, but as the fuel is so diluted to start up with, a true uncontrollable chainreaction, like in a nuclear blast, just can not take place.

What is meant when saying, " % of pure fuel" it means the percentage relationship between Uranium 235 and Uranium 238.

Your description your husband is telling you, tells me, its bombfuel.

It doen't matter what the Iranians are saying, if they are getting the Uranium concentrated to a level far, far above the need in a fuelrod, in a nuclear powerplant, they ARE making a bomb.

There is no known existing use for such a highly refined Uranium, other than a bomb.

This knowledge is avaliable in any library, in any small town, and is tought in physics classes all over the world.

What is most appaling is that while the Iranians scream peaceful use for electricity, they must think that their newfound technology is so hard to learn that they can say anything and people will believe them.

Either the ruling people in that country is completely stupid, believing that they can lie about this, and get away with it, or they have an ego bigger than their balls.

The problem with stupid people is, that they believe other people are as stupid as they are.

The very fear I have with these people, is that I actually dont believe they want to use the bomb as a standoff.

They ARE a sponsor of terrorism, and terrorists WILL use it given the chance.

A bomb smuggled in and blasted in an American city, it's pretty pretty clear WHERE this thing would come from.

Assuming that happens, what exactly does the Iranians think the consequenses of that would be?

One US city gone, and the anger wreath and uproar here will have no boundaries.

The US will not accept this, and people or no people, over there, the Iranian people will be ultimately held responsible for their own regime.

Thermonuclear blasts will make much of that region of the world , sand turned into melted glass.

Then, maybe, they "see the light" but it will be too late, because its the last light they see.

That Iranian regime will not last, how it will be dethroned, I dont know.

Best would be a folk uprising, Second an invasion. Third, the Iranians do something and get bombed.

I dont know how close a folk uprising is, if at all in the cards.

Invasion is probably closer at hand.

Bombing the shit of that place is probably only in respons to their nuclear aggression, and wont happen, if they dont use their bomb.

I'm sure there is shades and angles on all this, and I'm pretty sure, Pentagon is very, very busy gather intel, and doing endless warscenarios.

What I do find more pleasure with this time around, when we went into Iraq, we were a very thin coalision, but except for Russia and China, the Iranian crisis have a much more solid backing.

-- June 20, 2006 3:07 AM ∞

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Laura Parker wrote:

Roger,

Your description of nuclear fission is quiet alarming.

In discussing this issue with my husband (whose business is running two nuclear power plants in southern Florida for production of electricity) he stated that what the IAEA found in traces of highly enriched uranian could have no other purpose but to build a nuclear bomb.

--I am hoping that they (Iran) can be disinclined to build nuclear bombs.

--However, the only recourse USA may have is military.

--Radical Islam has shown they have no respect for life, for anyone outside of it's own beliefs.

--This is scarcy.

--Roger, where did you learn all of the physics involved in making a bomb?. Are you in the military?

Laura

-- June 20, 2006 4:22 AM ∞

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Laura Parker wrote:

I mean, I can see why my husband would know about nuclear fission---but what made you learn it?

Laura

-- June 20, 2006 4:42 AM ∞

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Carl wrote:

Roger!
Good description of nuclear process and attempt at making the baby burp!

In regards to spectculating in Iraq there are more ways than the dinar...but I only will move when I feel the risk is less than the benefit of the investment. I will go into a unstable mine with the next person, calculating the potential risk of a cave in...but I won't enter into a mine....when I know for certain you have a group of idiots using picks and shovels digging on the support beams...and everyone of that group, when given the chance will gladly bury a pick point through your shoulder blades...

The Iraqi people have a lot of "country building mountains" to climb...some will require building bridges across vast expansions that now exist between the ethnic groups that occupy Iraq.
The first thing they have to do is get A "JOINT WILL" OF THE IRAQI TRIBES TO WORK TOGETHER PEACEFULLY....they are on their way in some areas...others the idea goes in one ear and out the other...no one wants to relinquish they power base....for centuries certain ethnic groups, clerics and mullahs have been at the top of the breed in their isolated regions....to now be told you are going back to the center or back of the running pack does not and will not set will...with expected reprocussions...

Generations will have to pass before you see a united Iraq throughout...old hatreds...prejudices...pay back time for atrocities real and imagine will have to pass or die away...but all of that is expected and is a natural process of the human mind and progress of a country in transition...If it was only that ingredient....I would be buying more dinar this AM...
It is not in the best interest of Iran for Iraq to become stable at this time..here in my humble opinion is what Iran is afraid of...

Iraq will actually start to settle down and get to work at building the strength of their country...the end result is more oil production thus driving the price of oil downward...plus deminishing Iran's....threat of a oil boycott...(this has been a real powerful ego boost for them...and gave them status in the world) Plus the United States will be firmly entrenched next door to them, by expanding into the Iraqi oil fields...Iraq with all of is resources will become stronger than Iran....in addition Iraq has now become a democracy which is a word that instills "COLD SHIVERS UP THE MULLAHS SPINES". This excites the people...travel will be brisk into Iraq from Iran with trade...western influences of culture and democracy minded ideas will rapidly be seeded in Iran....this is like having terminal cancer to them...

The Insurgency will start to fade little by little as the individuals that were being paid to set the IED and create chaos by Iran, will start to be absorbed into the economic revival of the regions...

The Iraqi security forces will actually become stronger...and start to enforce laws for all ethnic groups, unlike the Iranian controlled militias under al-Sdar and his likes...

I firmly believe and am totally convinced this whole Iraqi Invasion was a ploy setup by the Iranian Intellengence Unit to remove Saddam from power, thru Chalabi... thus creating a power vacuum that Iran visualized they would occupy...either directly or indirectly...(there is plenty of evidence to back that up)

Iran's total intentions were and still is control of Iraq. They have placed in political position s several of their moles....I believe the new PM threw a wrench into the process and they have had to back up some...you can look for al-Sdar to start to act up...more and more...as the power of the militias is one thing he does not want to relinquish..the entire process was to get a civil war going...it proved harder than they thought...however...if the John Kerry's and the John Murthas have their way....the USA will pull out....the Shia and Sunni's would have their civil war.... Iran would come in and help the SHIA under that banner of brotherhood...the Iranian Mullahs would now have a strong foothold in Iraq, along with the Taliban type thinking...Iran now would have total control of Iraq and the Oil Fields...which they would most definitely use as a economic weapon on the WEST and especially on the USA...and any country who align themselves with the US and Israel..

That is and was the total plan....along with making Iraq part of the NEW PERSIAN EMPIRE..

Unless the Arab Leaque of Nations is very forceful with Iran or remove the Iranian threat behind the scenes, you are going to see military conflict with Iran....Any significant move against Iran without the support of the Arab of Leaque of Nations will be a mistake of the highest order...IRAN WANTS CONFLICT AND THEY WILL CREATE IT REGARDLESS OF WHAT THE WORLD OFFERS...HITLER SHOULD HAVE BEEN A LESSON IN APPEASEMENT AND THE END RESULTS...The World does not want to repeat that process..or allow Iran to continue as they are..its like a tooth gone bad...it aches now....leave it to its own and it will inflame, with the result poisoning your whole body..fill it now or pull it later...later just gives you a larger doctor bill...

Just a small percentage of why I am not choosing to add additional dinar at this time...every person has to evaluate their own idea of financial risk or gain in any financial adventure..
so....I don't make judgements on anyone who choose's to increase their dinar pot....and wish them the best....

-- June 20, 2006 7:22 AM ∞

---

Okie wrote:

Carl…

Good posting and info. on Iraq…..good reading, and probably many on this forum agree with you. I believe Iraq and it’s new style of Government will succeed and change that part of the world. It took 40 years of suppression and killing by Saddam to bring them to this point but if they make it in the real world it could well be worth it. My experience in that region leads me to believe that the people are a rare breed of ignorance and arrogance and will not last too long on this planet. They have to change their ways or they may end up either getting blown away or bypassed by the rest of the world.

-- June 20, 2006 1:00 PM ∞

---

Roger wrote:

Laura,

You seem to be supprised that common people like me, have knowledge of how fusion, fission and the physical universe works.

No I'm not in the military, I run my own business, and if you meet me on the street you could probably think that I look like a clerk or forklift driver.

It's my own study, I'm doing it in the little sparetime I've got, my business takes most of my time though.

My interest is more into cosmology, and Im right now in a heated debate with some persons in NASA, regarding the cause of lights redshift.

I'ts just stuff thats interests me.

To take a short side sweep into that stuff, the universe is accordsing to observation expanding based on light redshifting according to doppler effect, when objects are receding.

In my studies of the relativity theory, (as stated above with the E=MC2 formula) matter and energy can be directly interchanged.

That means any energy, like electromagnetic energy, can and will be under the same gravitational influence as matter.

Thus you get black holes in the universe, light dont make it up because it's gravitationally pulled back.

Light leaving a star, any star, is redshifted in propotion to the gravitational pull the star have.

I'm proposing right now that any light photon will at any time of existence be under the influence of gravity. A gravity vector will always be present acting on any photon, traveling through the space of the universe, thus we have a possible alternative explanation to why redshift occure.

I even proposed "Rogers Law"
stating-" Doppler effect can be part of , have no part of , but can not be fully responsible for redshift as long as a photon has been under the influence of gravity during any part of it's existence"

That stirred up a lot of things in the Big Bang theory field, as my statement will say that Big Bang wont work.

In order to get to the understanding of this, I first had to study up on the nucleus, Relativity Theory, and I'm also dabbling in Quantum Mechanics.

So that's how everything led up to why I understand the bomb, so to say.

By the way, you can get all this information in any library. It's not a "goverment secret" or a prerequisit that you have to be in the military.

I think that's one of the myths when it comes to nuclear physics. I seem to get a feeling that there is a perception that knowledge of this stuff is kept under wraps, you have to have grade nine clearance, and be issued a magnetic cards that will open stainless steel doors. Your daily dress is a white coat, and your accent is broken German.

OOps, duty calling, gotta go.

Carl, sorry I'll be back later

-- June 20, 2006 1:25 PM ∞

---

Rob N. wrote:

Carl:

To your position regarding the holding of Iraqi Dinar. Of course, I am not privy to the amount of Dinar you hold, nor, would I be so presumptous as to ask.

It seems to me from my limited scope the market forces are right for big and small investor's (speculators) to buy as many Dinar as one may afford. There are to many American companies wanting to invest in this untapped market. Not withstanding our own government pouring billions into it for reconstruction. These movements signal buy.

Whether the Iraqi Dinar should be tied to the U.S. dollar for a 1 for 1 exchange rate. My personal opinion, this is a mistake. It is unwise to tie the health of the Iraqi economy to that of the U.S.

The Iraqi Dinar should stand on its own merits. The return will be less in the short-term, but I think in the long term an independent Dinar will bring bigger returns.

Admittedly, I have my own cap set regarding the number of Dinar I buy. I am encouraged based upon what I have seen and read to buy until I reach my personal cap on Iraqi Dinar.

Thanks,

Rob N.

-- June 20, 2006 2:53 PM ∞

---

Carl wrote:

Rob!
You are correct in that there are a lot of companies ready to jump into Iraq and carve out a piece of the pie for themselves. But.............just because companies throughout the world are anxious....you don't see them doing it......just recently Iraq had a International Show for companies wanting to do business in Iraq....they all completed applications, but only a handfull agreed to start projects immediately....

The question you have to ask yourself is, why is everyone crowded around the lip of the High Dive, looking down at the swirling water....yet no one is jumping....and all saying to one another..."YOU GO FIRST"

-- June 20, 2006 4:32 PM ∞

---

Carl wrote:

Rob!
So! I say to you....YOU MAY GO FIRST!!! I will support you all the way down, and even be the shark spotter for ya...

The Best....

-- June 20, 2006 4:35 PM ∞

---

Okie wrote:

I hope everybody remembers that Kurdistan is very stable and already attracting outside investment. I believe people in the other areas of Iraq will demand that the Government brings them up to speed with the Kurds. Remember the old saying "you snooze- you lose".

US DEPARTMENT OF COMMERCE REPORT RECOMMENDS KURDISTAN AS GATEWAY FOR INVESTING IN IRAQ

A report published this month [Feb 2006] by the U.S. Department of Commerce’s Iraq Investment and Reconstruction Task Force, discusses various market entry strategies and recommends Kurdistan as the regional gateway for investing in Iraq.

"... Another strategy involves targeting Iraq’s northern Kurdistan region as a gateway for investment in Iraq. In part due to its semi-autonomous status since the early 1990s, the Kurdistan region boasts of a well-organized regional government and relatively stable economy, making it home to a host of early entrant investors, some of whom will be poised for expansion into Central and Southern Iraq once the security environment improves.

In 2005, direct flights were launched connecting Amman, Dubai, Frankfurt, and Stockholm with Erbil International Airport, capital of the Kurdistan region, with plans to launch direct service from Austria, the U.K., and Turkey in the near future. Additionally, civilian charter aircraft began servicing the Sulaymaniyah Airport to and from Europe in the second half of 2005."

http://www.kurdistancorporation.com/deptcommercereport.html

-- June 20, 2006 6:26 PM ∞

---

Sara Madgid wrote:

Key figure in al-Qaida in Iraq killed by U.S. airstrike; described as group's 'religious emir'

BAGHDAD, Iraq, Jun. 20, 2006
By KIM GAMEL Associated Press Writer

(AP) A key al-Qaida in Iraq leader described as the group's "religious emir" was killed in a U.S. airstrike hours before two American soldiers went missing and in the same area, the military said Tuesday.

Mansour Suleiman Mansour Khalifi al-Mashhadani, or Sheik Mansour, and two foreign fighters were killed as they tried to flee in a vehicle near the town of Youssifiyah, in the so-called Sunni "Triangle of Death."

U.S. coalition forces had been tracking al-Mashhadani for some time, American military spokesman William Caldwell said in announcing his death. He said al-Mashhadani was an Iraqi, 35 to 37 years old, and that one of the men killed with him was an al-Qaida cell leader identified as Abu Tariq.

Mansour "reportedly served as a right-hand man of Zarqawi's, and also served as a liaison between al-Qaida in Iraq and the various tribes in the Youssifiyah area, as well as playing a key role in their media operations," Caldwell said.

Citing intelligence sources, Caldwell also said Mansour was responsible for the shooting down of a coalition aircraft this spring.

A photo identified Mansour as a masked figure sitting on the floor with al-Zarqawi.

http://www.cbsnews.com/stories/2006/06/20/ap/world/mainD8IC3JM00.shtml

-- June 20, 2006 7:59 PM ∞

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Sara Madgid wrote:

Zarqawi assistant ratted on his boss to authorities, says Iraq TV

BAGHDAD, June 19 (KUNA) -- A source at the semi-official Iraq TV said Monday that a Jordanian assistant to Al-Zarqawi pointed out the latter's location to US forces.

The TV source did not mention the name of the person..

Meanwhile, the Iraqi police said that a plan by insurgents back-fired on them in west Baghdad when their car exploded killing them all.

Four bodies were found in the car amongst them was the body of one assistant to the new Al-Qaeda leader in Iraq Abu Ayub Al-Masri, according to the police.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=878479

-- June 20, 2006 8:00 PM ∞

---

Sara Madgid wrote:

Roger;

I am also into cosmology and have a few theories which I wish to propose which also challenge a few of the theories out there. I am fascinated by the subject and am contemplating writing a book on it. I have a formula I have postulated which I still haven't found an exception to and every field of cosmology only strengthens my case. I am trying to track with your theory here and would appreciate a bit of elucidation, please?

I know this is off topic for the Dinar board.. I also would totally enjoy reading your dissertations with NASA. If you wish to share, do write me at saraand - at - fastmail.fm

Laura, you are welcome to write me as well, as I have a few things I would like to correspond with you about off board.

Sara.

-- June 20, 2006 8:10 PM ∞

---

Sara Madgid wrote:

U.S. Forces Recover Booby-Trapped Bodies of 2 American Soldiers Reported Captured by Insurgents
By KIM GAMEL

BAGHDAD, Iraq Jun 20, 2006 (AP)— The U.S. military recovered the bodies Tuesday of two missing soldiers from an area it said was rigged with explosives. An Iraqi official said the Americans were tortured and killed in a "barbaric" way.

An insurgent group claimed the new leader of al-Qaida in Iraq executed the men personally, but it offered no evidence.

http://abcnews.go.com/International/wireStory?id=2100034

Billy Ray Cyrus :Some Gave All :'Some Gave All'

http://mp.aol.com/video.index.adp?mode=2&pmmsid=1342859

-- June 20, 2006 10:58 PM ∞

---

Laura Parker wrote:

Everyone,

Did you see the news about a top ranking oil person in Saudi Arabia stating that if war breaks out with Iran over nuclear weapons, oil would go up 3 fold in price?. Makes one wonder if we should diverify.

Laura

-- June 20, 2006 11:16 PM ∞

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Laura Parker wrote:

Forgot the s in diversify.

-- June 20, 2006 11:22 PM ∞

---

Laura Parker wrote:

Roger,

I appreciate your inpute to this board. Keep sharing your insights. They are important.

By the way, what kind of business are you in (that you spend all your time in)?.

Laura

-- June 20, 2006 11:33 PM ∞

---

Laura Parker wrote:

Sara,

It is awful what happened to those two GI's in your posting.

--It is one thing to kill a person as that was their captures intention.

--However, to also torture these soldiers was not necessary.

--I feel for their families.

--In addition, the news media probably did not help keep these GI's safe due to media attention on them.

Laura

-- June 20, 2006 11:45 PM ∞

---

Roger wrote:

Sara,

I appreciate your interest in cosmology, I really from the bottom of my heart hope that I don't offend you by saying that I really right now can't take on board another task.

Perhaps at a later time.

I'm an Owner Operator, in the trucking industry. I have scaled down from five trucks to one only, that I run myself now.

I have enjoyment being on this site, but you should know that the time when I'm doing it can be anywhere from mid day to four o clock in the morning.

In the meanwhile I'm doing this site, I also have to do long miles, serve customers, do paperwork, doing my own research on the redshift phenomenon in cosmology, and somewhere in between try to have a private life.

On top of it all, I need to stay on top of that Dinar.

Thats what I do when I do oilchanges or get pulled over because I'm driving overtime, and DOT ground me for 10 hours at a truckscale.

So please Sara forgive me and please dont see this as an offense in any way or form, I just cant start one more thing right now, Im pretty much maxed out.

Laura, hope that answer your question as well.

It's closer to 1am in Jackson Mississippi right now, I'm just fueled up and are ready to roll.

Big hug.

R

-- June 21, 2006 12:44 AM ∞

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Laura Parker wrote:

To All,

Correction: that top ranking oil person--- is the Ambassador to USA from Saudia Arabia.

--The correction is that he is not connected to oil production at all.

--But his comments on oil going up in price if war broke out with Iran's nuke's is interesting.

Laura

-- June 21, 2006 1:14 AM ∞

---

Laura Parker wrote:

Hey all,

On the nuclear issue with Iran. Take a look at http://www.arabicnews.com/ansub/index.html. Look under Saudia Arabia. News on talks with Iran.

Laura

-- June 21, 2006 2:09 AM ∞

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Carl wrote:

Roger!
I travel Alabama, Mississippi, Tenn and La as a Telecommunication Investigator quite often. I live in North Alabama...what is your home territory?
I can be reached on my Cell# 256-366-5483.
If you are back through any of those states, give me a ring...if we are close, I will buy ya a meal.

-- June 21, 2006 6:46 AM ∞

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Ron wrote:

Hi all still just reading all of the good,andsad posts that has taken alot of work.Keep up the good workThe dinar train is still at the station, and waiting for the all aboard call.
Ron.

-- June 21, 2006 9:26 AM ∞

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terri wrote:

Hey guys, I was surfing on the web and found the below...does this have any significant meaning towards the actual value of the dinar...bear with me, I'm new to all this...don't attack (please), just some feedback..?! "THANKS"
=================================================
June 21, 2006
Just Announced New Currency and Lopping Zeros
It has been reported that Iraq’s inflation rate is well over 100% and there is a strong desire from the Iraq Central bank to lower the inflation to a manageable level like the 10-15% very soon. Iraq could take the same step this country has just announced who will be introducing a new currency and lopping a few zeros.

I wonder if Dr. Shabibi reads the Financial Times.

The National Assembly Finance Committee, some directors of the Central Bank of Venezuela
(www.americancontractor.com)
=================================================

-- June 21, 2006 10:30 AM ∞

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Turtle wrote:

To add ot Okie's comments, there have been US civilians living on the economy in Kurdistan for over a year now that I know of. I talked ot one of them passing through and he said hte people there are extremely friendly to them. They've been invited to dinners, community social engagements, etc. None have been harmed in any way and their primary protection is the local populace. Last August one of the guys told me Kurdistan area was the best kept secret in the world. Seems he was right.

-- June 21, 2006 10:34 AM ∞

---

Sara Madgid wrote:

Iraqi police arrest terrorist cell leader

BAGHDAD, June 21 (KUNA) -- The Iraqi police have captured a leader of a terrorist cell active in the assassination of people, the US army said Wednesday.

It said in a statement a force of the Iraqi police arrested Nouri Abu Haidar Al-Oqabi, a leader of a cell that assassinate people.

Al-Oqabi is accused of kidnapping, torturing and killing Iraqi citizens in Baghdad and four other areas, said the US army.

It added that the terrorist was responsible for the murder of 14 Iraqi soldiers last month.
http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=879101

-- June 21, 2006 12:48 PM ∞

---

Sara Madgid wrote:

Roger! Don't worry.. I know how busy life can be. Not a problem.. I was just interested in reading your points because I am certain the "Big Bang" was not from one location.. and your "proof" from the Red Shift may help make that point. But, in time, I suppose, your views will have a wider audience.. maybe you will write a book. If so, do let us know as I would so enjoy reading it! All my best on the business and thanks for contributing to the board, too. :)

Terri;

You mentioned an article that says: "Iraq COULD take the same step this country has just announced who will be introducing a new currency and lopping a few zeros."

This speculation has been around a long time.

A friend of mine who goes by the name of Chaka on the IIF addressed this recently in a post which I have to quote here for its superb factual basis and insight:

FROM AUGUST 6,2005

The three guests from the Central Bank discussed the bank’s plan to enhance the Iraqi banking sector and financial markets throughout 2006. They highlighted a series of steps that have already been taken, including:

• Establishing the Central Bank’s independence from the
Ministry of Finance

• Training 70% of the bank’s staff on international best
practices

• Printing a series of 14 new Iraqi Dinar notes and coins ****** (NOTE THIS) ******

http://www.cipe.org/regional/mena/bttv_synopsis_ep6.pdf

If there was no change expected in the currency- there would be no need for new notes other than to replace worn out bills.

CURRENCY CONVERSION AND TRANSFER POLICIES

The currency of Iraq is the Dinar (ID - sometimes referred to as the New Iraqi Dinar). Iraq's current exchange system is characterized as a free foreign exchange system, with no restrictions on purchases or sales of foreign currencies. The Iraqi currency is fully convertible and can be exchanged freely with any other currency. In addition, there is free movement of capital without restrictions on capital inflows and outflows. Iraq's foreign exchange regime is also a multi-currency system in which foreign currencies circulate in the market and are accessible to everyone.

http://www.state.gov/e/eb/ifd/2006/67643.htm

Zero lop? - happens with hyperinflation, not 30% annum. Those countries largest notes were also 1 million and 500,000. Not case in Iraq. Largest notes are 5k ,10k, and 25k similar to what US had long ago.

===

This and a few other points were what I was hoping to send to you on email, pointing you to resources which might help you to read up on the Dinar and why you should invest in it. I am not sure quoting vast reams of info from the other sites is allowed, and I was just going to give you the links and information..

Anyhow, the zero lop is a mute point, in my opinion. Won't happen. I agree with Chaka on this.. hope you can see his reasoning from what I have quoted of his writings here. :)

Sara.

-- June 21, 2006 1:07 PM ∞

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Sara Madgid wrote:

Iraqi Army arrests 24 militants

BAGHDAD, June 21 (KUNA) -- Iraqi Army said it arrested 24 militants in different areas of the country.

It added that nine other militants had been arrested in the village of Telafar, northern Iraq, and a further 12 were arrested in Ramadi, western Iraq.

Moreover, one militant was arrested in the central and southern Euphrates districts.

http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=878993

-- June 21, 2006 1:38 PM ∞

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terri wrote:

Wow, Sara! "Thank you!

-- June 21, 2006 1:53 PM ∞

---

Sara Madgid wrote:

Terri;

There is more out there, if you know where to look. In fact, I am concerned Laura is about to miss the Iraqi Dinar train entirely.. don't say I didn't warn you if it happens very quickly here...

As another friend of mine said recently:

Iraq has satisfied every requirement of the World Bank and IMF to move forward on getting the Dinar trading internationally at the revalued rate. Legally speaking, since the CPA mandated that the CBI have autonomy from the Government of Iraq, there is nothing the parliament would have to vote on to RV the Dinar. However, as a matter of comfort level, the CBI may be biding its time on the RV until the parliament has passed the foreign investment laws. I'm very confident that we will get the RV by.. (soon).

===

I, too, believe this.. that we have a legal position where the Powers That Be CAN RV.. very soon.

Sara.

-- June 21, 2006 2:57 PM ∞

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terri wrote:

Again, Sara, "Thank You." I have prayed so diligently over this matter ... yes, like everyone I dream of being "rich" -- but I would be SO blessed if only I could get out of debt!

-- June 21, 2006 4:53 PM ∞

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Rob N. wrote:

Sara:

I have been impressed with your level of comprehension regarding monetary policy, foreign investment, etc.. Please do not take this offensively, but it is refreshing. I appreicate your participation on this board. May I be so bold to ask what you do in your real life outside of this forum?

Thanks,

Rob Nowlin

-- June 21, 2006 5:29 PM ∞

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Sara Madgid wrote:

By the way..

Chaka said to say he felt it would clarify the intent of his post to put in the word RATE in the post I quoted:

If there was no change expected in the currency (rate) - there would be no reason for new notes other than to replace worn out bills.

Sara.

-- June 21, 2006 5:52 PM ∞

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Sara Madgid wrote:

Aye there's the rub.. chuckle.

Rob.. I got into a very VERY heated debate on another forum with a person.. and, as part of that "chat" he did ask just about exactly the same question you just did.. except it was in the midst of a very heated debate in which he was being.. shall I say it delicately.. less than civil? So.. I must decline to answer your post as I did his at that time, because I felt (no reflection on you at all), that that information was about to be used in a way that was against my best interests, based on the previous conversation.

In addition, one of the things I was taking flack for at that time was my posting on more than one forum.. to which I said that many people did not forum hop and if I did not post it on THEIR forum, they would not see it and I did feel what I contributed had some worth as some people on those forums did say they liked my posts (as you just did, and thank you for that kind remark, Rob). Further, I said, if any persons found my postings offensive, they could feel free to ignore and just skip over them as I would not take any offense. (I think I have said something similar about my "religious" posts on this forum, too.)

But the point is.. this fellow I was in this heated discussion with knows I post on various forums and there is every chance in the world that he will see my reply to you.. and whatever his motive was (and I have no reason to believe it honest or friendly), it should not be given place. I therefore decline to answer that question based on pleading the fifth.. so that nothing should be used against me. What has been known about me has been used in ridicule against me on forum, so I do not speak this without past experience. Again, I apologise for having to declining to answer what I am sure was a friendly and kindly meant inquiry.

Sara.

-- June 21, 2006 6:15 PM ∞

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Sara.... wrote:

The guy taking cheap shots at you must have been a real pinhead because your posts are always so positive and informative.

In any case I agree with you that the RV could be "soon". I believe everything is in place and Bush is trying to shame the Muslim countries to further reduce their debt with Iraq.

I think the timeframe is Aug./Sept. because the Iraqis have to start funding a lot of projects during that time.

Cheers!!

-- June 21, 2006 7:31 PM ∞

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Okie wrote:

Sara....the last post was from Okie...I just screwed it up...

-- June 21, 2006 7:37 PM ∞

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Sara Madgid wrote:

Thanks, Okie! :)

I am glad you find my posts positive and informative. I try. :)

I am also glad you think it will be soon.. Chaka said it was ok by him if I posted more of the post I was quoting and, hey, it was good stuff, so here is a bit of reasoning on why, in his words (and I GOTTA AGREE) "Something has to give".

Sara.

====His post===

With the ISX opening (summer likely with automation) to foreigners once the foreign investment law is passed - opening at current rate would allow Saudi or Kuwait to buy the entire market for a few hundred million.

Not to mention the IMF requiring fuel subsidies to be removed and gas prices to be in the $ 1.80/gallon range by Nov.....70% of workforce earn few dollars a day.

Something has got to give.

It wont be the fuel prices as they are requirement to earn debt relief from Paris Club and SBA compliance.

Iraq has quietly been building 100% foreign currency reserves due to the difference in the high cost of oil and the measly $25/barrel in the Iraq budget.

CBI governor Shabibi says we are about to witness the words greatest debt relief.....IMO , with that- we will also see the worlds most rapid appreciation (revaluation).

JP Morgan and Citigroup have been instrumental from day 1 including the initial currency exchange.

====

-- June 21, 2006 7:52 PM ∞

---

Roger wrote:

Carl,

Got an answering machine, oh well perhaps next time. I officialy live in Ca but are at the moment doing the east coast mainly from SC to
TX. Ok for a meal, gotta be at a truckstop though. My vehicle is 73 foot long with another 5 foot aerodynamic extension. I must warn you though that when I go through, it might be Saturday morning at 5 am, or Tues night at 3.30am or something like that. Electronic telecom investigator. Cool, I'm sure we can have things to talk about, my last job, was field tech for a phonecompany installing and maintaining their collect call systems used in juvenile halls, city jails, county jails and INS detention centers. If you get in trouble in Santa Clara County and have to be bailed out, please send me a nice thought, I designed that system from the D-mark and on, components, switchboard, relay arrangement down to the last blinking diod. If you're tired of phone companies, I'll be happy to show you how to steer a monster down the road

Sara,

You're worrying me, how fast is fast, how soon is soon, and -"I talked with a friend, he told me..."

I'm about to do my second of my three 10 mill "Investments" in a week or two, but when I hear things like this I get that anxious feeling that I'm too late.

Can you please expand a little bit more and give more exact pieces of info regarding what you know.

I'm always pulling my ears back when I hear -" A friend told me, its a secret or , I have inside info" or something along that line.

I read elsewhere in one of your postings aug/sep as a possible dead line when the train starts rolling.

Is that what you're refering to when you're warning Laura that she is perhaps missing the Dinar train?

The reason I'm asking, I could do the last two purchases right now, but I would dip into my reserves in a way that a blown engine would be above my head. If I could avoid doing the third purchase right now and wait another month, month and a half, I rather will.

What I'm saying is, if you hear it from a reliable source, trustworthy and with integrity, and then you turn around and refere this over to me as "a friend told me" , I can't categorize this to any higher level of trustworthiness than a plain old rumor.

So before I put you under house arrest, probation and ten days docking of pay, please pull down your pants and show me your tatoos.

R

-- June 21, 2006 9:09 PM ∞

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Sara Madgid wrote:

Roger said:

I'm always pulling my ears back when I hear -" A friend told me, its a secret or , I have inside info" or something along that line.

===

Hmm.. Roger.. if I read your post right, you don't really want any insider info.. that is, you don't see it as reliable. I understand your concerns since, as you would undoubtedly point out, all those "insiders" have been wrong to this point in time.

But what Chaka posted was fact. You can check them, and there were urls as well. Now, as to the timing, I really don't think we can expect a page in the newspaper or online at Fox News saying, "The Dinar is about to RV tomorrow at 10 PM EST." or something of that kind.

Soooo.. exactly what are you asking of me? To tell you what I heard? But.. you just said if I have heard anything beyond the news, you are not going to believe it. And I have already given you that.. :)

Would you say this is a Catch-22?

Quote:

"The term Catch-22 comes from a novel where the author doesn't explain what Catch-22 means exactly; but he does hint that it reflects a bizarre or seemingly contradictory situation."

http://www.studyworld.com/studyworld_studynotes/jnotes/Catch-22/chapter1.html

Maybe prayer, like I suggested to Laura, might illumine the situation a bit better to you - if you are a praying man. :)

Sara.

-- June 21, 2006 9:47 PM ∞

---

Carl wrote:

Roger!
Sorry! my brother and I were on the bayou mudbugging this afternoon. The Mudbugs we catch here are not as good in taste as the ones in Lousianna. So! instead of eating them, we mainly use them for catching Giant Blues here on the Tenn River. He and I have a few Jug Fishing honey holes that produces some nice filets...35 to 65lb range...anything above that we throw back...largest blue taken from around my lake house was 137lb 5'6" length..no! it wasn't me...but I would have loved to have felt that pull on the Jug.
The needle nose and aligator gar are now starting to come into the tributary bayous...the back straps on those are tender and mild...so I hope to get back by late Friday Night in time to net some of those big boys this weekend..

Interesting you have some knowledge about Telecommunication networking...As a Telecommunication Investigator my job is to perform analysis on system networking, such as Frame, Centrex, PRI, Microwave,Satelite, etc. I am hired by Companies and Local Governments to investigate the Phone Companies for excessive provision, errors, and improper confiqurations, which resulted in 17 billion dollars in overcharges last year alone by the phone companies. You tell individuals that more than 95% of telephone bills have excessive charges, and most don't believe ya. The sad part is it is legal how they do it...
I am very familiar with the Telecom Carriers who network and service correctional payphones.

Sorry! I will have to decline on the monster rigging.... my spread is already too much behind the wheel.....trying to cover just 3 states.

I am leaving out around 4AM in the morning headed for Starkville, Miss. I have your number...will give you a call tomorrow AM on the road. May have to go to New Orleans but not certain...so I may be on I-10 around the Pearl River Basin..tomorrow night or Friday..
Do you ever catch I-65 or highway 72East from South Eastern States into Tenn or Ala?

If you are coming back through Alabama on Saturday and close (no more than 120 miles)I may try to intersect with ya ...breakfast is on me...

-- June 21, 2006 11:59 PM ∞

---

Sara Madgid wrote:

Hundreds of WMDs discovered in Iraq
Bombshell report notes 500 chemical weapons including sarin, mustard gas, more to be found

Posted: June 21, 2006
10:39 p.m. Eastern

The U.S. has located some 500 chemical weapons in Iraq since 2003 with more likely to be found, according to two Republican members of Congress trumpeting a newly declassified portion of a government report.

"We have found weapons of mass destruction in Iraq, chemical weapons," Sen. Rick Santorum, R-Pa., said at an afternoon news conference.

Santorum read from a declassified portion of a report by the National Ground Intelligence Center, a Defense Department intelligence unit, which noted: "Since 2003, coalition forces have recovered approximately 500 weapons munitions which contain degraded mustard or sarin nerve agent. Despite many efforts to locate and destroy Iraq's pre-Gulf War chemical munitions, filled and unfilled pre-Gulf War chemical munitions are assessed to still exist."

The Pennsylvania senator, who appeared with Rep. Pete Hoekstra, R-Mich., chairman of the House Intelligence Committee, outlined six key points contained in the unclassified overview...

"I never doubted for a second that this day would come because we knew [Saddam Hussein] had them," said host Sean Hannity on "Hannity & Colmes." "It's funny to watch liberals [who complain], 'Bush lied! He hyped! He misled!' ... How about liberals now apologize to the country?"

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=50746

-- June 22, 2006 12:42 AM ∞

---

Sara Madgid wrote:

Concerning the WMD article, in searching the net, I found this:

Quote:

The Administration response should be (because it is the truth):

"The reports that stockpiles of WMD were found in Iraq are correct. WMD were widely dispered in Iraq pre-invasion for use by terrorists, many of which have been found.

The terrorists, to date, apparently opted not to use the WMDs because the political damage of the 'no WMD in Iraq' was deemed more damaging to the war effort than the casualties from the use of WMD.

The administration was concerned that the public disclosure of the stockpiles would change this dynamic and encourage the terrorists to use the WMD.

The administration was willing to take the political damage from the false claims of 'no WMD in Iraq' in order to save the lives of American soldiers.

The administration would note members of Congress from both parties have been aware of the WMD stockpiles since prior to the 2004 elections.

http://lucianne.com/threads2.asp?artnum=281273

-- June 22, 2006 1:37 AM ∞

---

Sara Madgid wrote:

Just thought this was helpful in backing up Chaka's arguments about the rising prices..

Sara.

===

Iraqi ministry of oil announces hike in fuel prices
June 19, 2006

BAGHDAD (DPA) – Iraq's Oil Ministry announced Sunday an increase in gas and fuel prices for the second time in six months in line with Iraq's commitment to the International Monetary Fund (IMF).

Iraq has reached a deal with the IMF whereby the latter will write off Iraq's debts in return for certain conditions, including increased fuel prices.

The price of gas and gasoline will increase one dinar per liter, while oil will increase from 25 dinars to 100 dinars.

'The plan to increase the prices of oil products is one of the conditions of the IMF. This increase won't be the last but there will be more increases,' Akram said.
http://www.tehrantimes.com/Description.asp?Da=6/19/2006&Cat=9&Num=3

-- June 22, 2006 8:03 AM ∞

---

Sara Madgid wrote:

Report: Hundreds of WMDs Found in Iraq
Thursday, June 22, 2006

WASHINGTON — The weapons are thought to be manufactured before 1991 so they would not be proof of an ongoing WMD program in the 1990s. But they do show that Saddam Hussein was lying when he said all weapons had been destroyed, and it shows that years of on-again, off-again weapons inspections did not uncover these munitions.

The report does suggest that some of the weapons were likely put on the black market and may have been used outside Iraq.

"It turned out the whole country was an ammo dump," he said, adding that on more than one occasion, a conventional weapons site has been uncovered and chemical weapons have been discovered mixed within them.

"We know it was there, in place, it just wasn't operative when inspectors got there after the war, but we know what the inspectors found from talking with the scientists in Iraq that it could have been cranked up immediately, and that's what Saddam had planned to do if the sanctions against Iraq had halted and they were certainly headed in that direction," said Fred Barnes, editor of The Weekly Standard and a FOX News contributor.

Santorum pointed out that during Wednesday's debate, several Senate Democrats said that no weapons of mass destruction had been found in Iraq, a claim, he said, that the declassified document proves is untrue.

"This is an incredibly — in my mind — significant finding. The idea that, as my colleagues have repeatedly said in this debate on the other side of the aisle, that there are no weapons of mass destruction, is in fact false," he said.

http://www.foxnews.com/story/0,2933,200499,00.html

-- June 22, 2006 9:33 AM ∞

---

Okie wrote:

If Karzai feels so bad about our troops killing so many Taliban why doesn’t he negotiate with the bad guys and tell them to quit shooting at Americans? I’m sure if he sat down to talk with the Taliban they would show him a lot of respect and cut his throat with a clean knife instead of a dirty dull one. I still contend the Islamic militants, and Islam in general, will perish and fall by the wayside of humanity. They just never learn!

KABUL, Afghanistan - Afghan President Hamid Karzai urged the international community to reassess its approach to the war on terror Thursday, saying the deaths of hundreds of Afghans in fighting with U.S.-led forces was “not acceptable.”

“It is not acceptable for us that in all this fighting, Afghans are dying. In the last three to four weeks, 500 to 600 Afghans were killed. (Even) if they are Taliban, they are sons of this land,” he said.

http://www.msnbc.msn.com/id/13473386/

-- June 22, 2006 9:45 AM ∞

---

Sara Madgid wrote:

Okie;

We all want peace. The deaths of any fighting for freedom in Afghanistan or Iraq is "not acceptable". But the alternative is worse. Should we have left Saddam to develop WMD and sell them abroad?

Sara.

===

Iraq sarin stockpiles found
By Charlotte Raab in Washington
22jun06

"Despite many efforts to locate and destroy Iraq's pre-Gulf war chemical munitions, filled and unfilled pre-Gulf war chemical munitions are assessed to still exist," the report read.

The politicians cited the report as validation of the US rationale for the war, and stressed the ongoing danger they pose.

In 2004, the US army said it had found a shell containing sarin gas and another shell containing mustard gas, and a Pentagon official said at the time the discovery showed there were likely more.

The intelligence overview published overnight stressed that the pre-Gulf War Iraqi chemical weapons could be sold on the black market.

"Use of these weapons by terrorists or insurgent groups would have implications for coalition forces in Iraq. The possibility of use outside Iraq cannot be ruled out," it said.

"Weapons have been discovered; more weapons exist. And they state that Iraq was not a WMD-free zone, that there are continuing threats from the materials that are or may still be in Iraq," he said.

Asked just how dangerous the weapons are, Mr Hoekstra said: "One or two of these shells, the materials inside of these, transferred outside of the country, can be very, very deadly."

"While agents degrade over time, chemical warfare agents remain hazardous and potentially lethal," it said.

Fear that Saddam Hussein might use his alleged arsenal of chemical and biological weapons was may reason US officials gave for launching the March 2003 invasion of Iraq.

http://www.thesundaymail.news.com.au/common/story_page/0,5936,19552377%255E401,00.html

-- June 22, 2006 9:52 AM ∞

---

Rob N. wrote:

Sara:

I had no idea regarding your situation, I sincerely apologize for obviously putting you in an awkward position. My inquiry was indeed innocent.

Concerning re-evaluation of the DINAR. I think potential speculators (investors) have more than enough time to purchase more Iraqi currency. In my view, we will be well into reconstruction and the insurgency crushed before any RV.

On the other hand, an RV I think must occur before the Presidential transition (from a republican control to a democratic control) in Jan of 09. I say all this to say, I think one has between now and 2009 before any RV occurs. Other thoughts are welcomed.

Thanks,

Rob N.

-- June 22, 2006 10:47 AM ∞

---

N. wrote:

Hi sara and all others that follow this forum. I like many other have been a keen reader for some months now and have much respect and admiration for the insight and knowledge shared by all of the regular posters.

No offence is meant by this posting. I am just seeking clarification on what to me is quite a key point. Sara, in one of your posts from June 21.2006 you highlight *Printing a series of 14 new notes and coins*

Maybe it is me that is is not understanding the information in the quote below, but it seems clear to me that the statement issued on August 6, 2005 is highlighting the introduction of the NID that happened in 2003, not another issue of currency in 2006 or beyond. This does not seem to correspond with your comment below.

Your thoughts please.
- - - - - - - - - - - -

FROM AUGUST 6,2005

The three guests from the Central Bank discussed the bank’s plan to enhance the Iraqi banking sector and financial markets throughout 2006. They highlighted a series of steps that have already been taken, including:

• Establishing the Central Bank’s independence from the
Ministry of Finance

• Training 70% of the bank’s staff on international best
practices

• Printing a series of 14 new Iraqi Dinar notes and coins ****** (NOTE THIS) ******

http://www.cipe.org/regional/mena/bttv_synopsis_ep6.pdf

If there was no change expected in the currency- there would be no need for new notes other than to replace worn out bills.

- - - - - - - - - - - -
N.

-- June 22, 2006 6:09 PM ∞

---

Taxmama wrote:

that article is almost a year old. Go on other Dinar web sites and look at the coins and smaller denomination bills. They have to print additional small denomination bills at this point so you won't have to use a 5,000 Dinar note to buy eggs and get back, possibly, $4,950 or whatever.

-- June 22, 2006 6:37 PM ∞

---

Roger wrote:

Carl,

If and when we meet up, lets hear about the fishingstories, I'm loading up in S.C tonight or tomorrow morn. Dont know where next run will take me but probability of Texas is high.

Sara,

Naa, I remember catch -22as a directive or condition that has to be met, but in order to do so, you had to full fill the requirements of paragraph 22 . However in order to full fill papagraph 22 you have to first full fill the first condition of the directive.

Basically it'sa modern catchfrase for a dilemma that cant be solved.

Like...-"Do you still beat your wife?"

Whatever you answer you lose.

No Sara, sure I want, and anyone interested in anythying wants insider information on the subject. That's intelligence gathering.

Trouble with insider information is that the information is not suppose to be common knowledge, in this time, otherwise it would not have been inside information.

Therefore the user of the information wants to protect the source, that gave it up in the first place, in order to be able to get more useful insider information.

Usually, real valuable insider information is not too easy to get to, and to the degree of sensitivity, security or importance the information have, the higher up in the echelons of a department, company etc the information is stored.

Problem is, state and goverment is pretty big, bigger companies can also have thousands of people working for them.

There is a lot of information that is floating around, in state, gov, and private companies that is no more hidden than the information you and I can pull up.

A board meeting in Iraq Central Bank, with observers from the international banking community can be held, for example. That board meeting is nothing hidden to start up with. The daily agenda is faxed and e-mailed to London Madrid, and New York, and one employee in a state dep reads it.

He tells Joe Blow, and now Joe has insider info.

Next day the Iraq Central Bank, decided because of new information to cancel previous days decision, and postpone the agenda until later.

Amongst all the traffic Joe Blows friend have in his dep, he was missing this piece, because he had to take the nine year old to the dentist for new braces.

Unless the information is of such a nature that common knowledge is required, to the benefit for all, or by law must be open to the public, any "Real" insider info, will not float around on websites.

If it would, there will most probably be an effort to trace the leak.

The more valuable info, and plan, the more it's protected.

Leaks about our strategic defenses, would probably be heavily investigated, but if some game warden had lost a briefcase with a CD-ROM stating all the tagged bears, and their tag number in Montana, the only effort would probably be to put an ad out in Lost and Found.

My universe is pretty much off and on.

Either it is, or it is'nt. It's up or down, It have, or haven't.Had or hadn't.

Perhaps thats why this world needs more artists, they can see shades of gray.

When I look at gray, I look closer and can immediately start sorting out the do's don'ts, have, haven't, is or isn't.

When I hear generalities like "everybody thinks.." "everybody knows..."somebody have .." "an insider told me..." "I know a guy in Pentagon, we're attacking tonight", my mind immediately goes into the grey spots.

WHO told you, from WHERE did he get the info, what's his NAME, what's his PHONENUMBER, HOW do you know him? a relative? HOWCOME he's got this information? ...and so on.

You will be amazed when reeling up the yarn sometimes, what you find in the other end. Sometimes it's a missunderstanding, sometimes hidden agenda, someone that wants to get back to someone, someone that wants to hide something. It's endless.

With kids it's easy to reel up the yarn, but grown ups have learned to play the game, and it's harder.

Sara, I absolutely dont think you have any hidden agenda, absolutely not, but want to report as you see it, and honestly from your heart want to help out others with info that could be of help.

Sometimes however we can all be a pawn in someone elses agenda without our knowledge.

Especially when a generality is used in keywords, thats the best fertile ground for rumors.

Most concepts can be understood with just a couple of well said sentences.

Lawyers favorite mode of operation is to add so much inapliccable data to a case that it cant be understood.

Theres the issue of his alcoholic father, abusive mother, sad upbringing, unlucky location of birth, and his ingrown toenail, that a jury cant understand the case.

Even if he did a robbery and it was on security video.

A case that will benefit from a long timespan, will in it see hundreds and hundreds of pages,folder after folder, the idea is to ad on so much information that it's impossible to prioritize.

No one's got time to read it.

As a younger man I worked part time in a PI bureau. I'ts not like in TV, I can assure you that, it could be hours upon hours just watching one exitdoor, or a car or someting.

Anyhow, the guy running the bureau, was an old timer, a real gumshoe, he taugth me the very basic in intelligence.

PR and Intelligence never mix.

If it's intelligence, you can use it.

If it's PR, the intelligence is blown and is useless.

So forgive me Sara, if it's REAL "insider stuff", and it's out there, it's blown.

Contain small parts, not intended for use by children 5 years or younger.

-- June 22, 2006 7:27 PM ∞

---

Sara Madgid wrote:

Iraqi govt declares state of emergency
June 23, 2006

BAGHDAD, Iraq - The Iraqi government declared a state of emergency in Baghdad Friday, the prime minister's office said, after clashes broke out in a central district.

It also imposed a 2 p.m.-6 a.m. curfew, sending residents of the capital scrambling to get home before it took effect.

http://news.yahoo.com/s/ap/20060623/ap_on_re_mi_ea/iraq

-- June 23, 2006 6:36 AM ∞

---

Sara Madgid wrote:

Iraq government bans all movement in Baghdad
Fri Jun 23, 2006 11:57 AM GMT

BAGHDAD (Reuters) - Iraq's government will impose a curfew in Baghdad on Friday, from 2 p.m. (1000 GMT) until 6 a.m. (0200 GMT) on Saturday, banning the movement of people and vehicles, state television reported.

There was already an 11 a.m. to 3 p.m. (0700-1100 GMT) ban on traffic in the capital.

National Security Adviser Mowaffaq al-Rubaie denied media reports that a state of emergency had been declared.

"This is absolutely false. There is no state of emergency. It is only a curfew," Rubaie told Reuters.

http://za.today.reuters.com/news/newsArticle.aspx?type=topNews&storyID=2006-06-23T095658Z_01_ALL335743_RTRIDST_0_OZATP-IRAQ-CURFEW-20060623.XML

-- June 23, 2006 8:09 AM ∞

---

Sara Madgid wrote:

US says captures senior al Qaeda militant in Iraq
From:Reuters
Friday, 23 June, 2006

BAGHDAD (Reuters) - The U.S. military said on Friday it had captured a senior al Qaeda in Iraq member near an area where the group's leader Abu Musab al-Zarqawi was killed in a U.S. air strike two weeks ago.

It said three other militants were detained during U.S.-led raids on Monday southwest of Baquba, 65 km (40 miles) north of Baghdad.

The statement did not mention the name of the senior al Qaeda militant but said he was known for "facilitating" foreign fighters throughout central Iraq.

http://home.eircom.net/content/reuters/worldnews/8328140?view=Eircomnet

-- June 23, 2006 8:19 AM ∞

---

Laura Parker wrote:

Sara, Roger and Carl, and All-

I have just returned from northern Florida visiting my daughter yesterday in buying a home.

--I will have to admit, I caught the web site in warning me that I will miss the investment of buying the dinar warning from Sara and this made me anxious--just like Roger.

--However, an investment like this Sara is one I need to talk out with my husband.

--I know, I would like to invest in the dinar as I think it will hit like you all do.

--I think you are all on the cutting edge and this opportunity is a unique one.

--You are all very special people, who bring different insights to this board.

--As of today, I leave for a two week vacation with my husband to visit family in Ohio.

--I would like to discuss this investment with him.

--If the dinar hits and the banks adjust the dinar rate, then I would have missed this unique opportunity to catch the dinar train.

--I will try to monitor the web site during my vacation.

--Some Questions: I went to safedinar and saw that they have the larger bills for sale and these were less expensive per bill that the smaller denominations.

--In previous posts, we have discussed that the larger denominations maybe the ones the banks may do away with. Is there still this uneasiness with the largness of the bills maybe one the banks may get rid of these or decrease their value?. I just wanted to hear discussion on this being a possible option.

The smaller denomination bills are a bit more expensive. Is is worth investing in these as opposed to the larger ones? to get away from the possible investment problems/risks, if any. Also, it didn't look like safedinar took credit cards/personal checks (in case this investment takes place while I am on vacation). Outside of money orders or cash.

Are there any other sites that take credit cards that are safe to use. What about that Jordian source? others?.

Sara, I really appreciate your heads up on the investment dinar. My e-mail address is LLPParker@AOL.COM it you need to write me. I sent you an email, but I am unsure if you got it. I was wondering if you would post your e-mail again. Maybe, I got it wrong. Roger, Carl--you are both welcome to e-mail me too.

Sara, on your comment on Iraq printing new bills. You wondered why they would print new bills--maybe to replace their old bills?...

Do you remember a USA Defense Contractor writing the board in year 2005...in which he states the entire payroll is going to be paid out with iraqi dollars. This is why I think they are printing those new bills. Reconstruction is going to take lots of Iraq money.

--Also, I think the Iraq dinar train is going to be a long term investment.

--However, It does make sense that Iraq's banks will close the ratio of Iraq dollars to USD soon to curve inflation.

--I just hope I can convince my husband to move with me on this investment.

Laura

-- June 23, 2006 11:44 AM ∞

---

Okie wrote:

Sounds like the "iron fist" that Malaki promised to deliver is in full operation. Good for Iraq and good for the Dinar....

-- June 23, 2006 12:26 PM ∞

---

Roger wrote:

Laura,

Rumors are rumors, facts are facts.

Rumors will be plentiful in this field.

If you want to invest in Iraq Dinars, well I say so, others say otherwise. It has to be your own decision ( with your husband ofcourse).

Also see it for what it is, I really wouldnt call it investment, although thats the working name for it. Specuation or gamble is closer.

The size of the denomination bills is not important, unless you're a money currency collector and want as many samples as possible for as many currencies as possible.

I had an interesting tip, and will in the following weeks check it out, M&I bank in Wisconsin, are reportedly selling Dinars, and at one of the best prices I've seen. Check it out on the web, and call and ask.

I have in the past bought via dealers, but I'm pretty iffy when it comes to sending them money. Your choice.

Also I need to set you straight on a missunderstanding you have regarding the use of Dollars and Dinars in Iraq.

I think, as I can read it , you are refering to the use of Dinars instead of Dollars when paying contractors.

Yes, in the beginning contractors was payed with Dollars, but in order to boost the Dinar, and get it's accptance, the contractors are payed with check, that can be reimbursed in Iraq banks, in Dinars.

This swap was done quite some time ago, and have been working fine ever since.

You might be able to work your husband over enough to make him go "gold fever".

1989, I spent three months along American River North Fork, dredging for gold.

I lived in a tent, on a bank made up by chinese workers during the gold rush era.

It's funny, gold fever and Dinar fever is the same thing, it kind of sucks in the gut in a very strange way.

Good luck to you.

Roger

-- June 23, 2006 1:29 PM ∞

---

Sara Madgid wrote:

Laura;

Sorry, I hadn't gone to my inbox.. I don't go there every day. I will check it for your email and reply.

As for the bills, well, the 25,000 notes are fine because they are legal tender and Iraq is not likely to be going to the trouble of reprinting its entire currency. What would be the point in that? They will just phase IN the smaller denominations and take the bigger ones out of circulation as they once did the huge 10,000 bill the US once had.

The reference to 14 notes and coins does mean that there are smaller denominations to be added to the current ones in use. At the moment, because the Dinar is worth so very little, smaller notes and coins are not worth anything. What is a ONE DINAR note worth if you can buy 1460 Dinars for one US Dollar? NOT very much, is it? So there is.. CURRENTLY.. no reason to introduce such a ridiculously low denominational bill. What would it pay for?

HOWEVER.. :)

If the value were to change, then there would be a need for new notes and coins to be introduced because suddenly that Dinar would be worth something just like a US Dollar is. Also COINS being introduced makes you shake your head and wonder - as Chaka intimated - about the need for a change to happen in the rate. DON'T THEY NEED TO RV THESE THINGS TO MAKE A COIN WORTH CIRCULATING?

Plain ol logic dictates some movement in the Dinar..

Sara.

-- June 23, 2006 1:51 PM ∞

---

Sara Madgid wrote:

I found it interesting that this unfortunate incident appears to have involved AL-SADR...

Sara.

===

Iraqi Government Declares State of Emergency
By JOHN F. BURNS and JOHN O'NEIL
Published: June 23, 2006

BAGHDAD, Iraq, June 23 — The Iraqi government declared a state of emergency in Baghdad after American forces were involved in quelling a firefight in the city's center.

The state of emergency and curfew imposed today followed a gunfight that broke out as members of the Mahdi Army militia moved in force to escort the radical cleric Moqtada al-Sadr to a Shiite mosque in a Sunni neighborhood.

Four members of the militia were killed when gunmen opened fire on the Mahdi Army convoy, in fighting involving guns and mortars that left eight of the group's vehicles ablaze, an official with the Interior Ministry said.

Iraqi and American troops rushed to the scene, and three Iraqi police officers and five Iraqi soldiers were wounded in the fighting, Reuters said. Televised images showed American helicopters swooping low to drop flares over the midday battle.

The government responded to the outbreak by ordering a sudden curfew, extending from 2 p.m. today to 6 a.m. Saturday...

http://www.nytimes.com/2006/06/23/world/middleeast/23cnd-iraq.html?hp&ex=1151121600&en=8fa854281d3e95cf&ei=5094&partner=homepage

-- June 23, 2006 3:14 PM ∞

---

Sara Madgid wrote:

Democrats' push to leave Iraq questioned
By Donald Lambro
The Washington Times
Published June 23, 2006

WASHINGTON -- Democrats pushing for a quick pullout of U.S. troops from Iraq are making a major political and strategic mistake that would endanger America's national security, party strategists and military policy advisers said yesterday.

Most of the criticism was aimed at Democratic proposals pushed by Rep. John P. Murtha of Pennsylvania and Sen. John Kerry of Massachusetts, who are calling for a withdrawal within one year -- beginning this year -- a move that some party advisers called a "mistake" and "extreme."

"To go as far as Kerry and Murtha is a mistake, unless you already think we've lost," said Michael O'Hanlon, a Brookings Institution military analyst who advises Democrats in Congress on national security issues. "If you think we can win, you need to maintain some level of a U.S. presence, probably for several years, because the threat of a civil war is too great."

What disturbs him most is the "growing number of Democrats who want to see a downward movement in our troop size in Iraq, almost irrespective of the strategy" to fight and win the war, he said.

"The problem with Iraq is not Bush, it is Saddam Hussein and his legacy," Mr. O'Hanlon said. "It would be better if the critics of the administration find a tone that conveys that."

http://www.wpherald.com/storyview.p...23-075248-3318r

-- June 23, 2006 7:53 PM ∞

---

Okie wrote:

If you're around Arabs and other followers of Islam for any length of time you soon realize they live in a time warp and are slowly fading from this world. Maybe the Iraqis can lead the way back for them. Possible but not probable.....

"Delusions of Grandeur"

"A [schizophrenia] patient believes that he is exceptional and that others should treat him as though he is an important person. The Arabs also believe that they are more important than others in every respect. They [believe that they] are the best among nations..., and regard other nations with contempt. They acknowledge no religion [but their own] and are unwilling to coexist peacefully with other religions. [They believe] that their faith is the only faith that mankind should embrace, and that whoever fails to embrace it is an infidel.

"In other words, all other religions are heathen, heretical and fabricated, and their followers should abandon them and embrace the Arabs' religion - Islam. If they fail to embrace Islam, the Muslims are entitled to wage war upon them, to kill their men or convert them by force, to take their women hostage, to sell their children in the slave market and to plunder their property...

"This disparaging view applies not only to non-Muslims, but also to other schools of thought within Islam. Each Islamic school of thought is full of contempt and hostility towards the others. The Salafis and Wahhabis, for example, are convinced that the Shiites must be killed, and that whoever kills them will be rewarded in the world to come..."

http://memri.org/bin/articles.cgi?Page=countries&Area=iraq&ID=SP119006

-- June 23, 2006 10:39 PM ∞

---

Carl wrote:

Ya Know Okie!

Sometimes I wonder if our creator just looks at us and says

WHAT THE HELL WAS I THINKING?

-- June 23, 2006 11:03 PM ∞

---

Okie wrote:

Carl....

For most folks that's very true but for Okies it doesn't hold water because we're all born very lucky, good at picking Dinar values and handsome.....and modest too!!

Talked to some folks in Basra today and was informed that the good guys are kicking the bad guys around and sending them to meet their virgins in hell...Looks good for Iraq.

-- June 24, 2006 1:05 AM ∞

---

Sara Madgid wrote:

It is incomprehensible the arrogancy of mankind that they could appropriate to themselves all virtue and no vice and then have the audacity to kill in the name of the One who is all goodness, mercy and Grace, simply because He must also be just. It is a warped view of God to take His place of judgment upon others, instead of living at peace with mankind.

Rom 12:17 Repay to no one evil for evil. Have regard for good things in the sight of all men.

Rom 12:18 If it is possible, as much as depends on you, live peaceably with all men.

Sara.

-- June 24, 2006 1:07 AM ∞

---

Sara Madgid wrote:

Rom 12:18 If it is possible, as much as depends on you, live peaceably with all men.

Okie... sounds like it was impossible in the aforementioned case... (Basra)

In this case, living peacefully takes two sides coming to an agreement.. not just one.

When the other side won't live at peace with you, you either get killed.. or take up arms.

It is, however, not gleeful but forced compliance to fight.. as the comment "Bring it on" by President Bush was evidently and publicly regretted.

Sara.

-- June 24, 2006 1:13 AM ∞

---

Carl wrote:

Sara!
President Bush could have said "bring it on" better I agree...

Something like....

Hey!.. Boy!... Yah!..You Talhead! Look what you done went and did ....you're probably one of the ignertnesssss sum bitch's that's ever crapped on this earth...Hey! Hey! just keep on talking big boy...ya a fiqured out yet when to hush yo mouth have ya?....Keep on running that mouth.. it helps me find your little bannie ass...just becaused you are addled in the head, ain't no excuse for your foollessnish ....cawse I'm fixin to pull a can of "BUSHES WHUMP ASS " off of the shelf and I believe it has your name on it...

By the time I'm through dollin, ya going to think you had on kerosene drawers, cause I'm about to light your ass afar..

Now that is good OLE SOUTHERN talk which everybody understands of course..at least here in the South..

-- June 24, 2006 8:22 AM ∞

---

Okie wrote:

I believe we’re talking about the same thing……aggression and how to deal with it. It’s been with us since cave man days so we know that dealing with it is important to mankind.

At a personal level, I’m more like Carl and believe that anybody bringing aggression right up to your face deserves the biggest can of whup ass you can lay on them.

The Bible teaches that peace is the best course for mankind, but as Sara points out it also has the caveat of, “If possible”.

At one time our legal system required a person to prove they had backed away from aggression to show they had tried to avoid trouble. Because this was against human nature, the Supreme Court agreed a person could “stand their ground” when faced with aggression and still be legal.

Right now I believe the US is following the “stand their ground” principle and I feel it’s the best path. We’ll know for sure when we face our maker on Judgment day.

-- June 24, 2006 11:45 AM ∞

---

Roger wrote:

Nuclear standoff, is it working?

There is an idea around and highlighted in articles and discussions that nuclear standoff is working and in itself is a beter state of existence than if one power is weaker and the other stronger, the stronger one tends to invade or overpower the weaker one.

A happy status quo.

The Cold War, the long and nervuos stand off between NATO and Warsawpact forces, is used as comparison.

The Cold War, was not a happy event, and the reason it "worked" has no comparison with Iran.

Communism hated religion, and the Soviets had earthly gains only in sight.

The Iranian mulla regime lives, thinks, breathe their version of Islam only.

Communists goal was to empower the proletariat, regime changes. The Russians got outsmarted by the Germans in the WW1. Lenin, a known agitator, communist and good organizer was at the time expelled from Russia and was at the time of the outbreak of the WW1, located in territory controlled by the germans and it allies.

Germans didnt want a two front war and hoped for a collapse on the eastern front.

Lenin was financed by the Germans to get back to Russia, they choosed the most likely point for a lucky coup, St Petersburg,(later renamed Leningrad, and later re-renamed St Petersburg)> He was shipped in via neutral Sweden, in short Lenin pulled it off, got his Communist revolution and the eastern front collapsed.

Lenin was an idealist, but died shortly after the revolution, and with his successor, Stalin, the communist ideals was perverted immediately to a straight dictatorship.

After WW2 the communists had a windfall, in territory gain, they converted all the occupied countries into communist sattelites.

The bomb came along and two opposing political ideologies was facing each other with the mutual ability to fry each other.

The Soviets never had an ideology of suicide, sure a soviet soldier as well as a US soldier would have face death, but as a duty to his country.

The two opposing sides was facing each other with regular armies, aircraft, subs, tanks and personel that needed a leave to see their family on occasion.

Possible war scenarios was always played out in the war game room, where losses and gains was carefully calculated.

One bombed and destroyed town was a part of the overall gain and loss calculation.

There was no explicit gain, or goal in killing just for the killing itself, even if there was a lot of shouting from both sides, wanting the other side dead.

Iran is a completely different ballgame.

Rules of war dont apply.

The removal of our existence IS the goal.

Iran have, as I read it, a quite formidable armed force, and have as they got a blooded tooth after the Iran Iraq war,invested heavily in arnament.

It's there for the nations own defence, but after the Iran, Iraq war, have not been used, except for some smaller skirmishes.

Iran have used terrorism constantly though.

Iran have exported terrorism in greater number than anything in history.

THAT is the main way Iran is waging their war, their war is ongoing right now.

Our perception of a war is that its declared, fought, and peace is signed.

Their holy war has been ongoing since the late 70s when they had their religious revoution.

If the Iranians are making a bomb, and thus become a nuclear bomb nation, it has not any bearing on the Cold War.

If a nation, in the past have recruited terrorists en masse, sold and manufactured IED's, electronics, help forging documents, being a safe haven for terroroists, financing other terrorist organisations, and feel right at home in the terrorist field, calling them brothers and toss in holy words in the mix, wouldnt they actually use the bomb.

Terrorists can be terrorists because they can cloak as innocent persons right up to their attack.

One of the logistic difficult operations are the different means of delivering a nuclear bomb.

The "honorable" system of having a declared war, and then doing attempts with missiles, subs, airplanes, is in their eyes laughable. They have already a set of modus operandi that is effective and will bring results.

Any counter effort from classical warfare as anti aircraft systems, sonar and sinkbombs, anti missile defence can be easily and conveniently by passed by using terrorists.

They are IN this war already and have fought it that way for quite some time, know the routes, have experience, and the goal is to exterminate us, so where in the equation does a soviet US style stand off, fit in.

It doesn't, they WILL try to smuggle this thing in to different places, they already have the perfect means of delivery.

Most probably a plan would be to smuggle enough of this things into the US, and set up a barrage with conventional missiles onto Israel, and make them go off at the same time for max effect.

These apes has to be dealt with, they must be apes, as they are against the existence of their own human beings.

That means they have removed themselves from being humans.

Humans have had wars in the past, and acted cruel, but there was a calculation of gain of some sort in it.

Just the pure and crystal clear goal of ending others existence, like the nazis did, is nothing more than removing yourself from the human mankind.

APES.

-- June 24, 2006 4:18 PM ∞

---

Sara Madgid wrote:

Carl;

So far as the "kick ass" or "Bring it on" mentality.. I think it is good to wish to stand up for what is right when it is no longer possible to live peaceably with an agressor but we must be careful not to actively invite hostility or insult (wise as serpents, innocent as doves?).. as John Jay pointed out in this Historical snippet:

But the safety of the people of America against dangers from foreign force depends not only on their forbearing to give just causes of war to other nations, but also on their placing and continuing themselves in such a situation as not to invite hostility or insult; for it need not be observed that there are pretended as well as just causes of war.

John Jay, Federalist No. 4

===

I believe we have just cause in going into Iraq to defend the nation from terrorist attack. It has also brought about Iraqi liberty.. and all men long for true freedom:

Without liberty, law loses its nature and its name, and becomes oppression. Without law, liberty also loses its nature and its name, and becomes licentiousness.

James Wilson, Of the Study of the Law in the United States, Circa 1790

====

As for the discussion about God's place and it not being FORCED upon men.. this was well written in the Virginia BILL OF RIGHTS:

[R]eligion, or the duty which we owe to our creator, and the manner of discharging it, can be directed only by reason and conviction, not by force or violence; and therefore all men are equally entitled to the free exercise of religion, according to the dictates of conscience; and this is the mutual duty of all to practice Christian forbearance, love, and charity towards each other.

Virginia Bill of Rights, Article 16, June 12, 1776

===

Sara.

-- June 24, 2006 9:02 PM ∞

---

Sara Madgid wrote:

Maliki's Master Plan
By Rod Nordland
Newsweek
Updated: 10:42 a.m. MT June 24, 2006

June 24, 2006 - A timetable for withdrawal of occupation troops from Iraq. Amnesty for all insurgents who attacked U.S. and Iraqi military targets. Release of all security detainees from U.S. and Iraqi prisons. Compensation for victims of coalition military operations.

Those sound like the demands of some of the insurgents themselves, and in fact they are. But they're also key clauses of a national reconciliation plan drafted by new Iraqi Prime Minister Nouri al-Maliki, who will unveil it Sunday. The provisions will spark sharp debate in Iraq—but the fiercest opposition is likely to come from Washington, which has opposed any talk of timetables, or of amnesty for insurgents who have attacked American soldiers.

But in Iraq, even a senior military official in the U.S.-led coalition said Friday that the coalition might consider a timetable under certain circumstances. And the official was careful to point out that a distinction needs to be made between terrorists and the resistance.

Maliki's reconciliation plan will undoubtedly be the subject of protracted discussions, and not everyone in the Iraqi government is pleased with it. The document also calls for bringing militias and "death squads" under control—a provision which the powerful Shia party, SCIRI, is not happy with, because it effectively equates militias with the insurgents. Maliki is also Shia but from the Dawa party. And Sunnis, for their part, are reluctant to renounce the insurgency when they are still threatened by Shia militias, and by Shia-dominated police. "The Sunnis have only one card to play, the insurgency," says the senior coalition official. "They don't have enough population and they're not sitting on any of the resources. Therefore their political identity is almost entirely defined by the insurgency."

Breaking that Shia/Sunni impasse won't be easy. But as the U.S. ambassador says, "Every war must come to an end," and few on any side in Iraq any longer believe they can kill their way to peace. The only alternative is to try to talk their way there.

http://www.msnbc.msn.com/id/13521628/site/newsweek/

I did love the last two sentences.. "FEW ON ANY SIDE IN IRAQ ANY LONGER BELIEVE THEY CAN KILL THEIR WAY TO PEACE.

THE ONLY ALTERNATIVE IS TO TRY TO TALK THEIR WAY THERE."

Good words. :)

Sara.

-- June 24, 2006 9:55 PM ∞

---

Carl wrote:

Sara:
No invitation or insult intended toward the enemy...just letting them know reality is about to burst their bubble....

There is a part of me that wants to maintain the lets play by the rules setforth by societies(if there are in civil rules when you are killing someone)...but yet when I read about Ghanis Khan, who captured more territory that any other Warrior in his time...you have to look at his mode of operation and wonder if that is not the correct way to wage war......

He had one method...surround the opposing army, village, etc...send in negoiators to make one proposal...surrender and you will all be spared...some wpuld be required to become warriors in his army, the others were placed in positions of authority over the village or captured area...their life will continue as is...except under his reign...If they surrendered...he moved on...in most cases never to return in force...

If they fought, he would slaughter every man, woman, child, and animal, then burn and destroy everything standing or that could be used to build again....his technique was so efficient some say this is where the term "head counter" came from. The Army or people of the village were estimated...each warrior was required to bring back to the commander of his unit a certain number of heads...fail to meet the quota and the warrior himself ended up with his head on a pole...
Ruthless Yes....effective...Yes under no certain terms...there were no gray positions allowed...it was either black or white...live or die...no middle..

He captured hundreds of villages without even a small skirmish...thus thousands lived that would have died under different proposals...

I wonder what his reaction would be to our press and citizens who got so upset about taking pictures of the enemy naked...

Yep! I think I know the answer too.....

-- June 24, 2006 11:08 PM ∞

---

Roger wrote:

Religion in it's purest sense is a way for man to walk the spiritual path to better understanding and spiritual freedom.

Therefore, wouldn't it be a false statement to say that there is such a thing as religious wars.

RELIGIOUS WARS, should be renamed, RELIGIOUS IGNORANT WARS.

-- June 25, 2006 2:54 AM ∞

---

Roger wrote:

Carl,

Yes, well, in itself the abuse wasn't right, from what I understand the army had some trailer trash working the nightshift in the prison, and it did in fact hurt us very much.

On the other side of the coin, you're right, what is there to be upset about? If I was 18 years of age, and woke up with a girls panties around my head, I would be a happy guy, I know I had scored.

They NEED Howard Stern.

Everything is so damn Holy down there, inculuding digging worm for bait.

Here we correct our children for tossing toys onto the neighbours yard.

There, we seem to correct their grown up citizens for tossing grenades onto their neighbours yard.

"No no , put away the AK and put the pin back in the grenade, I know you got a bad deal when you bought that car, but you cant kill everyone at the dealership"

What puzzles me is that you actually have to SAY that, and take action against it, otherwise it will happen.

-- June 25, 2006 3:21 AM ∞

---

Carl wrote:

An example of Southern Thinking...
In the process of doing some history research in my home area I came across this letter written years ago to the L&N Railroad line from a irate farmer who had his pig killed by the train.

My razor back stolled down your track and week ago today. Your # 29 came down the line and snuffed his life away. You can't blame me as the hog you see slipped through the cattle gate. So kindly pen a check for ten, the debt to liquidate.

A copy of the response was with the original letter received.

Old #29 did come down the line and yes, killed your hog we know. But razorback's on railroad tracks often meet with woe. Therefore Sir, we cannot send the check for which you pine. We suggest you just plant the dead and place over his head.."Here Lies A Foolish Swine"

With Condolences,

signed

-- June 25, 2006 9:05 AM ∞

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Okie wrote:

Sara...

From the comments below it looks like Maliki has a good head on his shoulders and the bad guys have been offered a path forward for peace. Also, it looks very close to the offer that Ghengis Khan made to his enemies, "surrender or you get the iron fist", style of negotiations you mentioned earlier. I think this is a good method of teaching everybody how they should play in the big sandbox of humanity. Looks good for Iraq and the Dinar.

-----------------------------

"To those who want to rebuild our country, we present an olive branch ... And to those who insist on killing and terrorism, we present a fist with the power of law to protect our country and people," he told lawmakers, who applauded his speech.

The plan won the endorsement of the senior Sunni political figure in parliament.

-- June 25, 2006 10:50 AM ∞

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Sara Madgid wrote:

Okie;

That was good. :)
I was curious as to what was brought out of the meeting that addressed the reconstruction efforts?

===

Maliki's "Baghdad City of Peace" reconciliation plan before Parliament
By Mohammad Al-Ghazzi

BAGHDAD, June 25 (KUNA) -- Iraqi Prime Minister Nouri Al-Maliki Sunday put before parliament his national reconciliation plan...

According to a draft, the plan puts stress on "bolstering national solidarity and unity and spreading peaceful and smooth co-existence amid diversity in order to heal the wounds wrought by terrorism ..." The plan also states an objective of forging a wide national front to counter challenge and the duties of reconstruction and restoration of development and prosperity to the state and people of Iraq and to restore the state's full sovereignty.

Also included in the 28-point plan is dialogue with militias and amnesty for prisoners who were not involved in shedding of Iraqis' blood as well as compensation for those affected by military action and terrorism. Militia disarmament and debaathification are also to be given priority and stress in the plan, based on drafts seen so far.

The plan also mentions setting up of a parliament committee to review some articles of the constitution and particularly articles relating to distribution of wealth, the federal system, and the state's identity.

The Baghdad plan also mentions joint committees with the Arab League to draw an agenda for the national reconciliation forum expected in early August and an active role by preparatory committees that came out of the Cairo conference on Iraq reconciliation in coordination with the United Nations.

The long-awaited plan also stresses the need for formation of a unified stance regarding terrorist and takfiri (religious extremist) elements increasingly seen as the enemies of Iraq.

The Maliki initiative did not overlook the economic aspect and its connection to the security situation. Several articles indicate grand scale reconstruction and efforts to counter unemployment.

http://www.kuna.net.kw/home/story.aspx?Language=en&DSNO=880147

Indicators.. for "grand scale" economic changes..
Bit vague, but we will take it.
All very good points in there..
I was also happy to see the Arab League mentioned as part of the process.

Sara.

-- June 25, 2006 12:53 PM ∞

---

Sara Madgid wrote:

Roger wrote:

Yes, well, in itself the abuse wasn't right...
If I was 18 years of age, and woke up with a girls panties around my head, I would be a happy guy, I know I had scored.

===

Not if you were of the mindset of a celibate priest, however.. in which case it indicates something of a different nature.

Sara.

-- June 25, 2006 1:05 PM ∞

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Okie wrote:

Carl...

Enjoyed your "hog" story! I've heard humor expressed all over the world but nothing is as funny as "good ole boy" jokes and sayings.

-- June 25, 2006 2:58 PM ∞

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TAYLOR wrote:

Hello all.. For those regulars here on this board, you've become used to using some abbreviations that I am not familiar with. Could someone define RV ?

-- June 25, 2006 4:17 PM ∞

---

Roger wrote:

Recreational Vehicle?

-- June 25, 2006 7:47 PM ∞

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Okie wrote:

Taylor.....

A lot of people on here have invested in the Iraqi Dinar in hopes it will go to a higher value. Some people use the term RV instead of ReValue.

-- June 25, 2006 8:13 PM ∞

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Roger wrote:

Ahhh...folklore love it,

According to the scripts of the day this is a true story.

Two Swedish leutenants, was going hot air balooning over southern Sweden in the late 1800's.

The air was brisk and the baloon did good time over the terrain, however at lower altitude an inversion layer was dominant and the ground was all covered in fog.

As the baloon crossed the creation, an endless nagging was heard from the fog below.

A woman was nagging, complaining and making noise, on occasion a weak, meak and meager respond could be heard from her husband.

The woman was franticly screaming blaming her husband for everything and anything, and her voice could be heard for long distance.

When the baloon based on location of the voices was exactly above , one leutenant took a horn, and from above,with deep bombastic authoritarian voice said:

-"THIS IS GOD SPEAKING.
WOMAN.........SHUT UP!."

The old newspaper article described the enjoyable silence the two leutenants had afterwards.

-- June 26, 2006 12:08 AM ∞

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Anonymous wrote:

One particular four-year old prayed, "And forgive us our trash baskets as we forgive those who put trash in our baskets."

Good manners will open doors that the best education cannot.

The biggest problem with the world today is that everybody's fixing the blame and nobody's fixing the trouble.

-- June 26, 2006 12:50 AM ∞

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TAYLOR wrote:

Thanks for answering my ? I just started investing in the Dinar. To me it's like betting on the war. Go USA! I wonder what the under/over is?

-- June 26, 2006 10:58 AM ∞

---

Okie wrote:

Carl….

A little Southern Humor below. Yeh..Yeh I know Okies are not from the deep South but a lot of our clan migrated from Alabama, Georgia and Tennessee so we appreciate the humor. I understand a lot of them migrated because it was, “get out of town….or else” type of situation.

The North has coffee houses,
The South has Waffle Houses

The North has dating services,
The South has family reunions.

The North has switchblade knives,
The South has Lee Press-on Nails

The North has double last names,
The South has double first names.

The North has Indy car races,
The South has stock car races.

The North has Cream of Wheat,
The South has grits.

The North has green salads,
The South has collard greens.

The North has lobsters,
The South has crawfish.

The North has the rust belt,
The South has the Bible Belt.

FOR NORTHERNERS MOVING SOUTH . . .
In the South: If you run your car into a ditch, don’t panic. Four men in a four-wheel drive pickup truck with a tow chain will be along shortly. Don’t try to help them, just stay out of their way. This is what they
live for.

Don’t be surprised to find movie rentals and bait in the same store....do not buy food at this store.

Remember, “y’all” is singular, “all y’all” is plural, and “all
y’all’s” is plural possessive.!

Get used to hearing “You ain’t from round here, are ya?”

Save all manner of bacon grease. You will be instructed later on
how to use it.

Don’t be worried at not understanding what people are saying.
They can’t understand you either. The first Southern statement to creep
into a transplanted Northerner’s vocabulary is the adjective “big’ol,”
truck or big’ol” boy. Most Northerners begin their Southern-influenced
dialect this way. All of them are in denial about it.

The proper pronunciation you learned in school is no longer
proper.

Be advised that “He needed killin” is a valid defense here.

If you hear a Southerner exclaim, “Hey, y’all, watch this,” you
should stay out of the way. These are likely to be the last words he’ll
ever say.
If there is the prediction of the slightest chance of even the
smallest accumulation of snow, your presence is required at the local
grocery store. It doesn’t matter whether you need anything or not. You
just have to go there.

Do not be surprised to find that 10-year olds own their own shotguns,
they are proficient marksmen, and their mammas taught them how
to aim.
In the South, we have found that the best way to grow a lush
green lawn is to pour gravel on it and call it a driveway.

AND REMEMBER: If you do settle in the South and bear children,
don’t think we will accept them as Southerners. After all, if the cat
had kittens in the oven, we wouldn’t call ‘em biscuits.

Send this to four people that ain’t related to you, and I reckon
your life will turn into a country music song ‘fore you know it.

Your kin would get a kick out of it too!

-- June 26, 2006 12:40 PM ∞

---

Carl wrote:

Okie!
Every word above is true about the Southern Culture...We in the South have learned to act so dumb when we some yankees around, that it influences them to not move here.....
Yep! Us Southern boys are dumber than a Fox....

For those of you who have never experience true Southern Culture, it is like the Cajun Culture of Lousianna....You have to have grown up with 99% humidity, swam in snake creeks,noodled for catfish with your hands,skinned bullfrogs, and watch the frog legs jump around in the frying pan,fiddled for night crawlers on a tree base with a string,captured mudbugs and boil them,fished with willow flys,played games with sail rabbits,battled with cowdung dipped corncobs,drank beer on a creek bank on a hot summer night, while listening to the crickets and tree frogs, and feeling the warm wind kiss your sweaty naked body as you gazed at the stars, skinny dipped in a cold rock quarry,took a fly rod bait hook out of a tree snake by hand,seen a dirt track race,went ghost hunting in the cementary with a girl,learned to skin rattlesnakes and fry them,stuff a carp and eat it like a turkey,watch white lightening being made then get the privilage of tasting the first run,make lard biscuits, gathered sugar cane, strip it, grind it, cook the sap, skim the top, then poured youself a quart of the purest, sweeeetest molasses that has ever touched a human tonque, you cannot possibly understand what it is like to say...
Southern Born and Southern Bred... my home is the South...That is where I lay my head..

-- June 26, 2006 9:58 PM ∞

---

Bob wrote:

It is good to see some of the Sunni groups embrace the reconciliation process. This definitely a start; thus I hope everyone falls into step. Has there been any discussion about the Dinar within the ranks of the Iraqi government or with the US government? I believe things are starting to happen though; just has that "gut" feeling.

-- June 27, 2006 7:40 AM ∞

---

Carl wrote:

Bob!
I believe your gut feeling is right...as things are and will continue to improve if Iran is harnessed... If that problem can be solved, you will see the economic reconstruction begin in earnest...
That is already beginning to happen in 14 of the providences...
If the New York Times editor, publisher, and some of the democrats were charged with sedition or treason, this would stop some of the Antibush crap. Just maybe the media would then begin to report on all of iraq not just in the 4 providences where there is still violence....the overall prospective of the advances made by the world would be entirely different if that happened.
But then again from the political side, the john murthas of the world are one of the best things to happen to the republicans.

-- June 27, 2006 9:10 AM ∞

---

Terri wrote:

Good morning everyone -- PLEASE read the below article that I found today and someone comment...I'm not to familiar with all the events of the RV of the dinar...someone comment on the below:

http://www.iraqdirectory.com/DisplayNews.aspx?id=1583

Iraqi Diner equality to dollar, Zubaidi suggests
27/06/2006
Source: Al-Sabah
Finance ministry & Iraqi central bank study a suggestion about lifting off the worth of Iraqi diner and returning back as the past.

And the suggestion supported by the international bank. Finance minister Bayan Jabr Zubaidi declared that he suggested on bank governor lifting off three zeros so diner would be equal to dollar. on the other hand, he declared his support for national peace initiative

-- June 27, 2006 10:11 AM ∞

---

Sara Madgid wrote:

Terri;

I was told by this board that it won't.. cannot.. RV soon.. That such a possibility is just a figment of my imagination..

Here are a couple more interesting figments:

http://www.iraqdirectory.com/DisplayNews.aspx?id=1583

http://64.233.179.104/translate_c?hl=en&langpair=ar%7Cen&u=http://www.iraqshabab.com/inside/news/93.htm

Do note the fellows saying this are not your average newspaper editor in his opinion column.. but the Finance Minister in Iraq and Iraq central bank are studying it??

Possibly I am not dreaming?

Sara.

-- June 27, 2006 10:52 AM ∞

---

Sara Madgid wrote:

Another one..

http://www.google.com/translate?u=http%3A%2F%2Fwww.alsabaah.com%2F&langpair=ar%7Cen&hl=en&ie=UTF8

-- June 27, 2006 10:54 AM ∞

---

TAYLOR wrote:

If I'm reading this right then 25,000 dinars would equal $25 USD. That sucks. If anyone knows the ministry of finance tell him that I'm highly against this idea :)

-- June 27, 2006 12:03 PM ∞

---

Sara Madgid wrote:

It will be interesting to see what RV really means and how this pans out. Just the fact you are now thinking it may change value shortly is good, Taylor. :)

Remember, these are all still opinions.. nothing solid enough to go to the Bank with yet.

But at least it is a url and not just "somebody told me", which I know will never be given any credence on this board.

Sara.

-- June 27, 2006 1:15 PM ∞

---

Okie wrote:

When I read comments about lopping off three zeros I have a different concept of it. In my opinion they’re talking about doing the following:

Assume 1 USD = 1450 dinar
Then 1 dinar = 1/1450 = .0006896 USD
If you lop 3 zeros then .0006896 = .6896 USD = approx. 69 US cents.

So….1 dinar that’s worth 69 US cents is where a lot of people think it should be at this time.

Just remember this is a SWAG on my part and the ultimate value of the Dinar is a work in progress.

-- June 27, 2006 1:26 PM ∞

---

Sara Madgid wrote:

Okie;

Remember, this is NOT an announcement of the Dinar Revaluing. It is, however, concrete evidence that there are serious proposals about the Dinar's value out there, ones involving, as Terri posted in that article, "the suggestion supported by the international bank."

And when it says: "Finance minister Bayan Jabr Zubaidi declared that he suggested..." it is worth noting because we are dealing with people who do truly have influence concerning the valuation of the currency.

I think debate about what is meant is very good.. and your model did occur to me this morning, too.. as a very viable possibility. :)

Hope so! :)

Sara.

-- June 27, 2006 1:33 PM ∞

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Okie wrote:

"SWAG" in Okie talk is "Simple Wild Ass Guess". Some folks call it "Scientific Wild Ass Guess" but our peanut brains have not reached that point yet....

-- June 27, 2006 1:40 PM ∞

---

Sara Madgid wrote:

Baghdad-Yasser acting Secretary-haven
Finance is operating tens of thousands of unemployed and delivery Retirement Law
The Ministry of Finance and the Central Bank a proposal to lift the value of the Iraqi dinar Iraqi returning to normal, and is this proposal and supported the World Bank. This announcement l (morning), Finance Minister Jabr Al statement said : We have suggested to the Governor of the Central Bank raising three zeroes on the Iraqi dinar and the lifting so that the value of the dinar was equal to the dollar. He pointed out the determination of financial authority to convene a meeting next month comprising experts and specialists in finance and the Central Bank of Iraq and Commercial Bank in order to do so.

http://www.google.com/translate?u=http%3A%2F%2Fwww.alsabaah.com%2F&langpair=ar%7Cen&hl=en&ie=UTF8

OK.. let us note this says.. QUOTE:

The Ministry of Finance and the Central Bank a proposal to LIFT the value of the Iraqi dinar Iraqi returning to normal, and is this proposal and supported the World Bank. This announcement l (morning), Finance Minister Jabr Al statement said : We have suggested to the Governor of the Central Bank RAISING THREE ZEROES on the Iraqi dinar and the LIFTING so that the value of the dinar was EQUAL TO THE DOLLAR.

===

Thinking on the scenerio proposed by TAYLOR...

I see no ZERO LOP in this. It says here it will LIFT UP in value to be EQUAL TO THE DOLLAR. I see the RAISING of the THREE ZEROES as actually being concerning the right side of the decimal point, from .00068 to .68. To me it doesn't make sense that the Iraqi economy is growing and yet they need to zero lop from the left on the currency itself as per this proposal which TAYLOR had tentatively put forward, that is, take three zeros off the 25,000 and you have a 25. The reason that approach makes no sense to me is because their economy is growing, not collapsing. Look at how well they are doing with the oil production:

Iraq's oil production back above 2.5m barrels a day: minister
Posted: 26 June 2006 1508 hrs

WASHINGTON : Iraq's oil production is now over 2.5 million barrels a day, a record since the fall of Saddam Hussein, the country's oil minister said.

Production was about 2.5 million dollars a day when President Saddam Hussein was deposed by US-led forces in 2003. He said Iraq hoped to increase production to 2.6-2.7 million barrels by the end of the year, to 4.3 million barrels by 2010, which would be a new all-time record for Iraq.

"Our ultimate aim is to reach more than six million barrels a day, hopefully by 2012.

"And needless to say, Iraq holds one of the largest reserves of oil and gas in the world, and we are determined to prove it has the largest world reserve."

The oil minister said that by 2015, Iraq could challenge Saudi Arabia as the world's largest oil producer.

http://www.channelnewsasia.com/stories/afp_world_business/view/215701/1/.html

Thanks to SuperJ and Hobbs for help with stating these points distinctly from their posts on other forums (I incorporated some). I just thought it worth stating here as food for thought. :)

Sara.

-- June 27, 2006 3:21 PM ∞

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Okie wrote:

Sara says....Hope so! :)

Okie says....Me to!!!!!!! :)

Com'on Dinar!!

-- June 27, 2006 3:44 PM ∞

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TAYLOR wrote:

I feel much better now. Thanks. Suddenly all my hopes of retiring early were lost. I hope my theory was very wrong. By the way.. has anyone ever purchased the information off ebay regarding Iraqi Dinar trading??

-- June 27, 2006 4:57 PM ∞

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byrd wrote:

Hmmmmm.....4th of July, 2006??

-- June 27, 2006 5:22 PM ∞

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Sara Madgid wrote:

Coalition Forces Detain 14 Terrorists in Iraq
American Forces Press Service

BAGHDAD, June 27, 2006 – Coalition forces detained 14 terrorists yesterday during raids north of Yusifiyah, Iraq, U.S. military officials reported.

Two of the captured terrorists are known leaders of the Tawhid Waal Jihad and Jaysh al-Islami terrorist insurgent groups operating in the Yusifiyah area, officials said. Both groups have consistently launched joint attacks against Iraqi and coalition security forces throughout the region.

The other detainees are members of the two groups and have been known to plant makeshift bombs aimed at restricting the safe movement of local citizens and security forces in the area.

http://www.defenselink.mil/news/Jun2006/20060627_5520.html

-- June 27, 2006 5:31 PM ∞

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Anthony R wrote:

Don't post much anymore folks, just not enough time in the day, but I read every day. Love the info. But I just had to comment on the 68 cent figure being tossed about right now. That would make me very very happy as I was looking at a 3 or 4 cent opening honestly. If it does open at 68 cents it will be a tough decision indeed, hold on to the NID for the even bigger pay off or go for the quick cash in. Hard to hold your cards when there is in excess of $2.5 million on the table.

-- June 27, 2006 5:33 PM ∞

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Sara Madgid wrote:

TAYLOR wrote:

I feel much better now. Thanks. Suddenly all my hopes of retiring early were lost. I hope my theory was very wrong. By the way.. has anyone ever purchased the information off ebay regarding Iraqi Dinar trading??

===

Glad it helped.. :)
As for purchasing info on the Dinar, please see this excellent post by Rob N;

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121446

-- June 27, 2006 5:35 PM ∞

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Mary Lou Clayton wrote:

Okie-If you read the article-it states moving the Dinar back to what it was. Am posting copy of it (Can't figure your 25000 dinar = $25). Hopefully, this will ease your mind:

Iraqi Dinar equality to dollar, Zubaidi suggests
Iraqi Dinar equality to dollar, Zubaidi suggests
27/06/2006
Source: Al-Sabah

Finance ministry & Iraqi Central Bank study a suggestion about lifting off the worth of Iraqi dinar and returning back as the past.

And the suggestion supported by the World Bank. Finance minister Bayan Jabr Zubaidi declared that he suggested on bank governor lifting off three zeros so dinar would be equal to dollar. on the other hand, he declared his support for national peace initiative.

-- June 28, 2006 12:46 AM ∞

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Sara Madgid wrote:

Mary Lou Clayton wrote:
Hopefully, this will ease your mind:

Iraqi Dinar equality to dollar, Zubaidi suggests

====

IRAQI DINAR EQUALITY TO DOLLAR??

Interesting title, don't you think?
I agree, Mary Lou.. this title certainly seems to suggest.. well, that the Dinar will be EQUAL to a dollar. Doesn't it?

I am going to quote PennStateMtnMan who said (on another site):
Still waiting on an email back from my friend that speaks arabic to decipher what it actually means. My friend works in finance in Lebenon.

Ok, this is my last email to Moustafa:

Do they mean a zero lop when they are saying "lifting" or are they saying they would remove three zeros from the exchange rate. I had sent you the translated link. I didn't know if you were able to tell from the arabic version if they mean lop or not. I hope they don't mean zero lop from the currency.

And this is Moustafa's reply:

They are suggesting that 1 dinar is worth 1$ but they have not decided what to do next.

I know, it really doesn't tell us much, but I don't think he could get out of the article anything more than we have.

=== end of quote ===

I think the possibility exists.. don't you?

Sara.

-- June 28, 2006 1:31 AM ∞

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Sara Madgid wrote:

Just to be fair, however.. when it says, QUOTE:

And the SUGGESTION supported by the World Bank. Finance minister Bayan Jabr Zubaidi declared that he SUGGESTED on bank governor lifting off three zeros so dinar would be equal to dollar. on the other hand, he declared his support for national peace initiative.

====

It is not a declaration that this has happened or that a RV has occurred, but only a SUGGESTION that this could be. Even if the INTENT of the words are what we think they are.. that is still not a proof anyone will take the SUGGESTION seriously. Though it shows high level interest that this COULD be considered, knowing the Iraqis and how they delayed getting the Constitution ratified, or the governmental cabinet seated.. it could mean a long time til implementation actually occurred of this SUGGESTION.. even if the SUGGESTION is eventually accepted.

Sara.

-- June 28, 2006 5:24 AM ∞

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Okie wrote:

Mary Lou Clayton wrote:
Okie-If you read the article-it states moving the Dinar back to what it was. Am posting copy of it (Can't figure your 25000 dinar = $25). Hopefully, this will ease your mind:
-----------------------------

Okie sez....You have me confused with someone else...if I ever uttered the words "25000 dinar = $25 my lips would fall off my face.
What I said was, 1 Dinar would be worth around 68 US cents.

-- June 28, 2006 8:11 AM ∞

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Bob wrote:

Even though this has been information we have been wanting to hear; I would tend to believe that something is bound to happen with the Finance Minister suggesting to the bank governor; additionally being supported by the world bank. Who would have the final decision to say yes or no; no matter how long it took for them to make it? If they decided yes; indeed; that would be awesome.

-- June 28, 2006 9:36 AM ∞

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Okie wrote:

Bob....

I agree with you. I think something will change within a matter of weeks.
A lot of aid money will dry up in the Aug/Sept. period and the Iraqis will have to fund more of the re-construction on their nickle ( sorry...on their Dinar)and I believe they want a stronger Dinar in place to do this.

-- June 28, 2006 11:20 AM ∞

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Rob N. wrote:

Okie:

Will it truly be a stronger DINAR at $.68 on the dollar? After people like you and I start cashing out, the value will slide. I am not sure I want to hold the currency and wait for the rebound.

Also, even it opens at $.68 no U.S. Banks currently exchanges the currency. Do you think by Aug/Sept. banks are going to crop up which will exchange the currency?

Thanks,

Rob N.

-- June 28, 2006 1:33 PM ∞

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Roger wrote:

Re buying Dinars at a bank. I had a tip some time ago that M&I Bank sold Dinars, yes they do.

I called in to the main office, and got hold of the currency exchange manager.

She told me they don't sell Dinars straight out.

I followed up with the branch office mentioned in this blog, Coon Rapids Minnesota.

Sure enough, they're selling, however, this is the catch (always one) you have to go in person into the bank and open up an account with them.

The branches they have is mainly in and around the Big Lakes, but they have branches in Florida as well.

This makes me wonder if more banks are selling Dinars, next time you're in your local branch, tell them that M&I Bank (Wiscounsin based) is doing it to their accounts holders, and ask if they are doing it as well.

Let us know what came up.

Roger

-- June 28, 2006 3:05 PM ∞

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TAYLOR wrote:

Hi Okie... I was just scanning by your report and you brought up a point that I hadn't fathemed. Once the Iraqi Dinar has RV'd where do we go to exchange the dinars? I had always imagined going to my local banking branch to exchange (the same type of transaction as exhanging Canadian Loonies and Euro's). Anyone have any ideas?

-- June 28, 2006 3:34 PM ∞

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Okie wrote:

Rob N and Taylor

I think if the Dinar opens at 68 cents a lot of us would start cashing in a big portion of our stash and hold some back for reserve. When it hits the market the amount we sell will be very small compared to the amount that is purchased by the big investors who will be betting that it goes even higher, and we won’t see such a negative swing.
When the Dinar goes on the market all the big banks that have a foreign exchange operation will be able to convert from Dinar to Dollar with no problem.
That’s how I view things……

-- June 28, 2006 3:55 PM ∞

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Robert wrote:

Hey Gang,
It appears that everyone is doing good, and still posting away. I thought that I would come out of hibernation, and post this article.

Now, I am sure that you all have heard where Iraq's oil output topped the 2.5 million bpd (average) last month. Well, check out this article below. It says that Kirkuk has restarted pumping to Ceyhan. Please note page 2 of this article, and you will also see this important statement:

(Quote) The sales will boost Iraq's overall crude exports in July, bringing in hard cash much needed for reconstruction.

http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&symbol=&storyID=2006-06-27T113436Z_01_L27628038_RTRIDST_0_ENERGY-IRAQ-EXPORTS-UPDATE.XML&pageNumber=0&WTModLoc=InvArt-C1-ArticlePage2&sz=13

As long as they can keep up the consistent pumping to Ceyhan, they should break another average bpd output record NEXT MONTH. What will this mean for the Iraqi dinar? Well, i'm afraid, not much at all, for now. This is just a drop in the bucket, relative to what Iraq's long term needs are. But, this is the beginning of taking another step towards LONG-term financial independence for Iraq.

I have come to realize that if I make money from the Iraqi dinar, well then that's good. I am still "up in the air" whether we will make any money on this venture. But, we should all be pushing for Iraq, because "so goes Iraq, so goes the rest of the Middle East". Sometimes, I forget this, and let my greed get in the way. I like what Roger said a few posts back, comparing the Iraqi dinar fever to gold fever. I agree with him totally on this.

There are millions of Iraqis who support this new Iraqi government. But, it won't succeed, unless we help nurture it along for a while, yet. I give President Bush the credit for "hangin' in there" with Iraq.

My niece says "hello" from Iraq to all the board. She also says that she sees a heckuva lotta good over there that is not being reported. She says that the Iraqi army is really starting to make its presence known in a big way in her sector.

Sara, Get those fingers typing, and give me your thoughts on my last email to you. :)

Just wanted to let everybody know that i'm still lurking around the forum. Keep up the great work!

-- June 28, 2006 5:58 PM ∞

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Sara Madgid wrote:

Robert;

Been quite busy of late, Rob, but I did send two emails to you today, do check.

You mentioned the ISX and I thought it worth mentioning on the board that Iraq is interested in getting up and running in that area as soon as it gets its new foreign investment laws in place, as per this article:

Call to Speed up Publishing of Foreign Investment Law
28 June 2006 (Baghdad: Al Sabah newspaper)

A well-known expert in the shares and securities market has called for a speeding up of the enactment of Iraqi foreign investment law and the development of Iraqi exchange law.

He added that every country's stock exchange is the central point for investment activity, and a determinning factor in economic flexibility and political and economic stability.

AL Saigh continued to say that the government should at once and without delay begin the reenactment of foreign investment laws to permit foreign investment and to involve investors, businessmen, academics, experts from the Chamber of Commerce, and economic experts from within and outside the Ministry of Trade to participate in the setting of flexible laws that serve the country's economy and strengthen the position of local and foreign investors.

http://www.iraqupdates.com/p_articles.php/article/8980

-- June 28, 2006 7:19 PM ∞

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Okie wrote:

Got this in my e-mail today!

Marines...A touch of reality!!

Katie Couric, while interviewing a Marine sniper, asked: "What do you feel when you shoot a terrorist?"

The Marine shrugged and replied: "Recoil."

-- June 28, 2006 8:07 PM ∞

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Robert wrote:

Hey Sara,

GREAT post! I appreciate the info. The ISX is definitely the thing for me. And, you are correct: I went to the wrong email box to look for your messages. MY bad! Sorry about that, and thanks for replying. If you hear of anything further, please email me. 'Cause I want to invest in the ISX, when it comes open to direct individual foreign investors.

Hey Okie, HOWZ it goin?
I guess that Katie Couric was expecting the Marine to break down and cry, and ask her for forgiveness for eliminating a terrorist. Maybe, Katie should go to Iraq, and get all "lovey-dovey" with the Al Qaeda terrorists. A hypothetical meeting between Katie and Al Qaeda:
Here's the way that it would go.
Katie: Mr. Insurgent, how do you feel when you kill a U. S. Marine?
Insurgent: I feel just like I am feeling right now toward you, Ms. Couric. Katie Couric: Why are you handcuffing and blindfolding me?
Insurgent: Don't pay attention to the handcuffs and blindfold, infidel. We're just going to make a little movie. I'll be right back. I have to go get my knife.

Of course, that interview would never happen, but
I can guarantee that ole' Katie would be BEGGING for that Marine sniper to save her, then. JMHO

-- June 28, 2006 11:28 PM ∞

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Bob wrote:

The Finance Minister states he wants the Dinar "back to what it was". What exactly was the rate before the invasion in 2003? Could it have possibly been more than .68 cents? Any thoughts?

-- June 29, 2006 5:43 AM ∞

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Rob N. wrote:

Bob:

I recall reading Sadam artifically established an exchange rate of 1 Dinar equaling $3.20 U.S. dollars.

Thanks,

Rob N.

-- June 29, 2006 10:09 AM ∞

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Terri wrote:

Good morning -- here's a new up-date. Hum...

=============================

Baker Jaber AL Zubaidi: Iraqi Dinar Value should be Raised
Baker Jaber AL Zubaidi: Iraqi Dinar Value should be Raised
29/06/2006
Source: Al-Sabah

The Ministry of Finance together with the Central Bank are studying a proposal to raise the value of the Iraqi dinar in order to return it to previous levels where one Iraqi dinar was valued at 3.33 US dollars. This was pre 1980 before Iraq became involved in three destructive wars that at one time led to the currency's value dropping to a level of 3,000 Iraqi dinars to one US dollar. The proposal has the support and approval of the World Bank.

A statement by B.J. AL Zubaidi, the Minister of Finance, in which he said that he had suggested to the Chairman of the Central Bank, Dr. Sinan AL Shibibi, that three zeros be taken from the Iraqi Dinar in order to raise its value so that one Dinar be equal to a Dollar. He explained that the financial authorities were set on holding a meeting next month to discuss the matter. The meeting is to be attended by experts and specialists from the Ministry of Finance, the Iraqi Central Bank and the Commercial Bank .

The new Minister confirmed that 2007 would see the preparation of a qualitative budget, the first of its kind in Iraq history, and that the new program would pinpoint economic indicators

-- June 29, 2006 10:46 AM ∞

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Terri wrote:

SORRY! I forgot to include the link for the article:

http://www.iraqdirectory.com/DisplayNews.aspx?id=1593

-- June 29, 2006 10:48 AM ∞

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Sara Madgid wrote:

Actually, Bob, there was a recent take on the Financial minister's quote which said the rate in it. Here it is:

Baghdad June 29 Al Sabah Newspaper

"The ministry of finance together with the Cenral Bank are studying proposal to raise the value of the Iraqi Dinar in order to return it to previous levels where one Iraqi Dinar was valued at 3.33 U.S. dollars"

This was pre 1980 before Iraq became involved in three destructive wars that at one time led to the currency's value dropping to a level of 3,000 Iraqi dinars to one US dollar. The proposal has the support and approval of the World Bank.

A statement was made to AL Sabah by B.J. AL Zubaidi, the Minister of Finance, in which he said that he had suggested to the Chairman of the Central Bank, Dr. Sinan AL Shibibi, that three zeros be taken from the Iraqi Dinar in order to raise its value so that one Dinar be equal to a Dollar. He explained that the financial authorities were set on holding a meeting next month to discuss the matter. The meeting is to be attended by experts and specialists from the Ministry of Finance, the Iraqi Central Bank and the Commercial Bank.

http://www.iraqupdates.com/p_articles.php/article/9008

As you can see from this, the 3.33 was the old value and the idea of 1:1 parity with the US dollar is seen as a starting point as far as the Minister of Finance is concerned in his SUGGESTION of this course of action to the Central Bank Chairman.

Sara.

-- June 29, 2006 10:56 AM ∞

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Sara Madgid wrote:

Terri;

I was composing as you posted...
Thanks for your sharing. :)

Sara.

-- June 29, 2006 11:02 AM ∞

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Okie wrote:

This is great news and the $3.33 makes sense as the eventual goal of the Dinar since Kuwait is in the same range with their currency.

-- June 29, 2006 11:32 AM ∞

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MARK wrote:

A quick question, I'm not sure if this has been discussed on this message board, Let's say (DREAM WORLD), The Iraqi Dinar pegs at $1.00 and my 2.5 million dinars are now 2.5 million dollars, with an investment of $2000.00, what would my taxes be on this investment???? Thanx in advance

-- June 29, 2006 11:47 AM ∞

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Okie wrote:

Mark…

If you held the Dinars more than a year then it would be considered a long term investment and in my opinion your tax would be:

2,500,000-2000= 2,498,000
2,498,000 x .15= $374,700=your tax

If you had the dinars less than a year then the tax rate used would be whatever your tax rate was for your normal revenue.

Note!!.....Before you cash in any dinar consult with a good tax advisor.

-- June 29, 2006 12:36 PM ∞

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Turtle wrote:

Question, can you claim what price you paid or when you bought it if you don't have receipts? I can wish right? I wonder how much I'd have to pay my supplier for a receipt?

-- June 29, 2006 1:58 PM ∞

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Roger wrote:

If I may,

A fool and his money ....

You've heard it.

Assuming we all cash in, are we all happy everafter.

Not so, a very big majority of cash Lotto winner have ended in tragedy dispair, bankruptsy , divorce and worse.

If you cash in, (all the power to you) , you might do yourself one of the biggest favours in life by going to a profesional, accountant, and professional investor.

There are numerous funds and places to invest where you dont pay tax bringing it in, but only when you're taking it out. See how you can roll everything over straight into such a set up.

You might very well be very witted, have smarts, talk quick, think quick, and have IQ above normal, but dont have a clue as to what to do once the train came in to your station. If you dont arm yourself with knowledge about that situation, you'll be the fool on the hill.

Let me expand on this so I dont walk on anyones toes.

Let say you go to Kuala Lumpur, you've just landed, all impressions are different, you dont have any bearing except the physical up/ down left and right.

Even if you'r last name is Einstein, in that particular situation you're the most stupid thing around.

You're a sucker for anything. But wont know that you just tipped the taxidriver $500 and payed him $2800 for a cabfair with those funny looking money, until someone tell you so.

Where do you buy stamps, what color is the mailboxes, why's that siren blaring, and why is everybody running?

Where you are right now, you know the rules, you know where to, how to and why.

If you cash in, you're not going to be there no more.

Most of the imortant rules will stay the same, don't kill, don't steal and so on, but all the other rules you have been governed by, in the past, is now over and done with.

It has nothing to do with smarts and intelligence, its just that, if you dont have data to compare with, you're going to be, act and behave like the guy on the hill.

For a big portion of the winners in the Lottery, the money was never a blessing.

So if you cash in, go to pros, accountaints and investors, spend your time, I can assure you they would love to have you as a client.

And... those are the people you badly need now.

Roger

-- June 29, 2006 4:56 PM ∞

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Sara Madgid wrote:

Good News / Bad News -- Iraq, President Bush & The Left
by Doug Edelman
Jun 29, 2006

Good news coming out of Iraq is bad news for the Left, and the Mainstream Media is getting desperate! Their standby "go to" story for beating up on the President -– Iraq -– is turning a corner. The President's approval numbers are rebounding.

Public opinion is beginning to shift away from the "Iraq is a quagmire and a failure" mentality that the LeftMedia wishes to promote in it's daily broadcasts and publications. The Mainstream Media is falling in public opinion as the President's polls are experiencing a bump.

While the liberals continue their "Withdraw Now" drumbeat, the reality is that we truly are making progress toward a troop drawdown. The bad news for the Left is that it is made possible by successes in Iraq, and it would not be an embarrassing case of tail-tucking retreat for the president.

As the Liberals mark the "milestone" of 2500 killed in Iraq, as if the only thing happening in Iraq is the extermination of our troops one by one – the reality is that our objectives in Iraq are being accomplished one by one. And as that occurs, the size of our deployment in Iraq can be drawn down in a manner that is orderly and responsive to the situation on the ground. Isn't that what the administration has said all along?

The fact of the matter is that we are indeed winning the war!

http://www.postchronicle.com/commentary/opinion/article_21225739.shtml

-- June 29, 2006 5:22 PM ∞

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Taxmama wrote:

Dinar is a foreign currency. Therefore it is taxed by the IRS as a "commodity".
The 60% is at 15% long term capital gain rates and 40% is taxed at ordinary income tax rates.
I have been a tax accountant for 29 years and own a large supply of Dinar.
I have researched this thoroughly.

-- June 29, 2006 5:34 PM ∞

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Taxmama wrote:

I forgot to add in that there is no "holding period" on the Dinar regarding the taxation of same.
You can own it only one day and cash it in and pay the 60/40 tax rates.
Or you can own it for years. Makes no difference.

Regarding the date of purchase, post a spreadsheet, as I have done, on records of purchase and amounts and cost. As this is mostly in cash, there are probably bank withdrawls for cash, etc. on it.

-- June 29, 2006 5:37 PM ∞

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Rob N. wrote:

Taxmama:

Cashing in the Dinar and the profits reaped from investing in the currency are taxed in the same manner as profits (i.e. capital gains) from pork, corn, or soybean. Am I on the right track?

Thanks,

Rob N.

-- June 29, 2006 5:51 PM ∞

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Rob N. wrote:

Roger:

You make some very good points of having too much money at one time. I certainly hope whether the Dinar is valued on a 1 to 1 ratio with the U.S. dollar or at its former rate of $3.33. Even if it opens at only $.68 my actions will still be bridled by my Judeo-Christian beliefs. Living a life of balance and not being mastered by anything.

I certainly see value in doing as you recommend. Thanks for the advice.

Thanks,

Rob N.

-- June 29, 2006 6:04 PM ∞

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Taxmama wrote:

Rob N.
I live in a very metropolitan area and don't deal with farming taxation at all.

But I have researched the "foreign currency" issue and the taxation of that as I have posted.

Farming has so many other options available for it with in the tax code. This foreign currency is pretty cut and dried as far as taxation.

-- June 29, 2006 6:13 PM ∞

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Taxmama wrote:

Also, the Central Bank of Iraq is going to announce tomorrow that they did an "internal" raise of the Dinar by 45%.
Also, they expect the peg by the World Bank to be within 2-4 weeks.

-- June 29, 2006 7:04 PM ∞

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Okie wrote:

Taxmama....

Sure do like your name and the good information you're sharing. I bought most of my Dinar for cash in Iraq with no receipts so I'm documenting all transactions on a spreadsheet with backup data. When I get ready to cash in I'll seek professional help on the tax situation but in the meantime I'm using the following IRS info as a guide.

Any comments on this?

Tax Facts About Capital Gains and Losses

IRS TAX TIP 2006-34

Almost everything you own and use for personal purposes, pleasure or investment is a capital asset. When you sell a capital asset, the difference between the amounts you sell it for and your basis, which is usually what you paid for it, is a capital gain or a capital loss. While you must report all capital gains, you may deduct only capital losses on investment property, not personal property.

Here are a few tax facts about capital gains and losses:

• Capital gains and losses are reported on Schedule D, Capital Gains and Losses, and then transferred to line 13 of Form 1040.

• Capital gains and losses are classified as long-term or short-term, depending on how long you hold the property before you sell it. If you hold it more than one year, your capital gain or loss is long-term. If you hold it one year or less, your capital gain or loss is short-term.

• Net capital gain is the amount by which your net long-term capital gain is more than your net short-term capital loss.

• The tax rates that apply to net capital gains are generally lower than the tax rates that apply to other income and are called the maximum capital gains rates. For 2005, the maximum capital gains rates are 5, 15, 25 or 28 percent.

• If your capital losses exceed your capital gains, the excess is subtracted from other income on your tax return, up to an annual limit of $3,000 ($1,500 if you are married filing separately).

For more information about reporting capital gains and losses, get Publication 17, Your Federal Income Tax and Publication 550, Investment Income and Expenses, available on the IRS Web site at IRS.gov or by calling 1-800-TAX-FORM (1-800-829-3676).

Links:

Publication 544, Sales and Other Dispositions of Assets (PDF 321K)
Publication 505, Tax Withholding and Estimated Tax (PDF 367K)
Publication 550, Investment Income and Expenses (PDF 516K)
Publication 564, Mutual Fund Distributions (PDF 178K)
Publication 547, Casualties, Disasters, and Thefts (PDF 133K)
Publication 527, Residential Rental Property (Including Rental of Vacation Homes) (PDF 187K)
Publication 536, Net Operating Losses (NOLs) for Individuals, Estates and Trusts (PDF 213K)

-- June 29, 2006 7:35 PM ∞

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Taxmama wrote:

I know these pubs and regs inside out.

Again, FOREIGN CURRENCY is a COMMODITY. It is taxed according to IRS Code Section 998. It is NOT taxed as a regular asset as you listed.
Please dig deeper.

-- June 29, 2006 7:58 PM ∞

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Millionaire2B wrote:

Taxmama, that sounds great. Where did you hear about the "internal" raise and peg?
Thanks for the tax advice also.
m2b

-- June 29, 2006 8:37 PM ∞

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Taxmama wrote:

From my supplier. Impeccible source.
Just wait.

-- June 29, 2006 8:50 PM ∞

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Bob wrote:

Please explain more about the "internal" raise? Thanks a bunch.

-- June 30, 2006 12:30 AM ∞

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Bob wrote:

Does the "internal" raise mean that the Iraqi banks will raise the value of the Dinar 45%; and the World Bank will follow suit 2-4 weeks later?......what about the international banks?....if the Dinar is in fact revalued to 3.33....where do we go to cash in......the US banks arent exchanging that currency yet? Do we go to London, Kuwait, or Iraq? One bank will not be able to handle all of that exchanging; I see the price dropping heavily once everyone "rushes" to cash in if it revalues that high. Any thoughts.......and thanks for your answers and replies.

-- June 30, 2006 8:41 AM ∞

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Robert wrote:

Taxmama,
Thanks for the information regarding tax implications on the Iraqi dinar.

I do have a question for you on the "internal" announcement thing. Isn't the CBI closed on Fridays and Saturdays? I am sure that the CBI does not hold auctions on these days of the week. These two days are considered to be their "weekend". It seems to me that it would be odd for the CBI to make an announcement of the sort that your source had mentioned, when CBI offices are closed for their weekend. Please correct me if I am wrong.

-- June 30, 2006 8:58 AM ∞

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Taxmama wrote:

Internal raise means that the CBI (Central Bank of Iraq) has raised their price on the Dinar. They will announce that the next time they are open for business.
Within about 2-4 weeks, the World Bank will do the "peg" (or valuation) of the Dinar for world trade of the currency. That "peg" could be anywhere from .06c to $1 U.S. There is a lot of speculation. The Finance Minister has been quoted to peg it at $1. Before the fall of Sadam, I believe it was about $3.33 U.S. per Dinar.
The Dinar will reach this level perhaps, within a year or longer. Iraq has the 2nd largest supply of oil in the world. Other countries have now gone in and started drilling - this hasn't happened at all when Sadam was in power. They could possibly end up with the largest supply. Saudi Arabia now holds that spot. Kuwait is now 3rd in supply of oil. When Kuwait came back to life after being overrun by Sadam and we helped them out, their Dinar came back bigtime and is now at the $3 u.s. level +

When the World Bank pegs the Dinar, then large banks all over the world will be trading Dinar. It will be up to us to find the one with the best exchange rate.

When the World Bank does the peg, the Dinar values will be quite volatile for a while. Don't fret - just sit back and watch - could go on for a week or so. There are many countries that are holding billions of Dinar - in order to purchase oil. The U.S. has quite a supply in their treasury, along with China, Japan, India, etc
Hope this answers some questions.

-- June 30, 2006 9:17 AM ∞

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c1Jim wrote:

Man, I love it when people start talking like we will all be rich in the next few weeks. The magic day has come and gone a few times. I sure do enjoy counting my "could be" money.

-- June 30, 2006 10:02 AM ∞

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MARK wrote:

Thanx to all that have responded to my question, (OKIE, ROGER, TAXMAMA), alot of good advise. My 1 years mark is coming up, July 5th. However I'm not sure if that makes a difference. ROGER, great advise, anyone who goes out and buys a mansion and fancy car is a fool. That new show on T.V is a perfect example of how big money can destroy you r life. This has always been a LONG TERM investment, a nest egg of sorts. I don't think it's gonna peg for a while, but if i'm wrong, Thanx TAXMAMA, for the glimmer of hope.

-- June 30, 2006 10:06 AM ∞

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Sara Madgid wrote:

Report: Russia Puts Bounty on Iraq Killers
Russia Reportedly Puts a $10 Million Bounty on Killers of 5 Embassy Workers in Iraq

MOSCOW Jun 30, 2006 (AP)— Russia offered a $10 million reward Friday for information on the killers of five Russian Embassy staff workers in Iraq, according to a report.

"For information which will lead to the result being achieved, the National Anti-terrorist Committee of the Russian Federation will pay a reward of $10 million," the head of the Federal Security Service, Nikolai Patrushev, according to the RIA-Novosti news agency.

http://abcnews.go.com/International/wireStory?id=2138163

-- June 30, 2006 10:24 AM ∞

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Terri wrote:

Question for "Taxmamma" -- first, let me sincerely "thank you" for your input -- it was very valuable.

I have a simple question...hope there's a simple answer...what is the minimum and maximum percent of my PROFIT that I should plan to pay in taxes...

I have found this forum to be SO VERY informative...taxmamma, you are a blessed addition!

-- June 30, 2006 10:41 AM ∞

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Sara Madgid wrote:

3 terror suspects killed in Iraq fighting
Updated Fri. Jun. 30 2006 8:00 AM ET

BAGHDAD, Iraq -- Iraqi and U.S.-led coalition forces clashed with insurgents during a raid on a village northeast of Baghdad, killing three terror suspects and wounding three others, the military said Friday.

The American and Iraqi soldiers were called in after Iraqi police came under fire from small arms and rocket-propelled grenades while trying to enter the village of Daliqiya near Baqouba, 35 miles northeast of Baghdad.

The coalition forces, backed by air support, chased the insurgents into a house, engaging in a fierce gunbattle that left three fighters dead and three wounded, the military said, adding that four other suspects were detained.

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20060630/iraq_fighting_060630/20060630?hub=World

-- June 30, 2006 10:43 AM ∞

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TAYLOR wrote:

Any chance we could get a new scratch pad so it does't take so long to find the new information? With the $ I'll have to buy a better internet connection so I can load this page faster. The afterparty page shold be one of the most entertaining reading subjusts of all time.

-- June 30, 2006 10:48 AM ∞

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Sara Madgid wrote:

Oil production in Iraq reaches highest level since invasion
Friday, June 30, 2006
BAGHDAD - The Asosciated Press

Iraq's oil production has reached an average of 2.5 million barrels per day, its highest level since the U.S.-led invasion, a spokesman said.

Iraq, a founding member of the Organization of the Petroleum Exporting Countries (OPEC), sits atop the world's third-highest proven reserves.

Its estimated 115 billion barrels is more than any other OPEC member except for Saudi Arabia and Iran.

http://www.turkishdailynews.com.tr/article.php?enewsid=47577

-- June 30, 2006 11:01 AM ∞

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C1Jim wrote:

I am good with anything over .10

-- June 30, 2006 11:03 AM ∞

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Okie wrote:

Taxmama....

Appreciate your input and info. Just "stay on the line" and keep the data highway humming with news...

The 2-4 week peg timeframe is very positive....hope it's closer to 1$ than 6 cents.

-- June 30, 2006 11:05 AM ∞

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Taxmama wrote:

Terri - regarding your question about paying taxes.
Basically, if your taxable income (after all deductions) is over $336,551, as for tax year 2006, and you are married,then your tax rate on the Dinar would be 23%, or $230,000 on every million.

If your taxable income is less than that, the the taxes would ratchet down accordingly.

-- June 30, 2006 11:13 AM ∞

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Terri wrote:

Wow! That's much less that I was expecting. "THANK YOU!"

I agree with Okie -- please "stay on line"

-- June 30, 2006 11:21 AM ∞

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Sara Madgid wrote:

Taxmama.. welcome to the board. :)

You wrote in reply to a query about how you knew about the internal rate peg of the Dinar which is going to happen shortly, that you got that info:

From my supplier. Impeccible source.
Just wait.

====

Supplier?
Do you sell Dinar then?
Just wondering if you are a Dinar dealer?
It makes logical sense that if you are dealing in Dinar (selling it) you might very well hear of an internal peg on the Dinar is what I was thinking.

Again, welcome to the board. :)

Sara.

-- June 30, 2006 11:51 AM ∞

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Taxmama wrote:

I do not sell it or deal in it. I have a source that is very much on the inside that tells me what/when things are going to happen. He is part of a company that sells many many millions of Dinar all over the world. I cannot give out my source, sorry.

-- June 30, 2006 12:25 PM ∞

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Ron wrote:

taxmama welcome to the board.this means your in line for the dinar train.good luck to all and iraq.ron

-- June 30, 2006 12:53 PM ∞

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Outlaw wrote:

Sara....

I just wanted to pass on some information that I had heard shortly before I left Iraq... I heard that the U.S. and the Interm Government had a new Geological Survey done for the Oil rich areas of Iraq and it was determined that the previous estimates of 116 Billion Barrels was way under estimated. They now think the new estimates are somewhere between 400 to 500 Billion Barrels.

Also everyone... Remember today is Friday... We won't see anything on the Dinar until business opens on the 1st.

Outlaw

-- June 30, 2006 2:05 PM ∞

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Okie wrote:

Outlaw....

Thats good news about the oil estimates! Word is that when they actually start drilling the oil fields the estimated reserves will go even higher.

-- June 30, 2006 2:43 PM ∞

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DinarMustNOTpeg! wrote:

Listen up folks!
The dinar must not peg, and if it does, it has to peg unfavorably or we will lose the war against terrorism!
We've all heard stories from the liberal media of ordinary Iraqis being kidnapped, robbed, and held for ransom. What does this mean? That Al-Queda has a lot of DINARS! If Al-Queda has a million dollars worth of dinar, after a peg of 1 dinar to a dollar, that's about 1.5 BILLION DOLLARS!!!! That's enough to buy a nuke from starving nations like North Korea, former Soviet republics, and IRAN! They could buy the ships, bribe people, buy some chemical/biological weapons, and pay people off to do their dirty work. I have money in dinars, but our national security is worth more than my personal gain. WE MUST DO EVERYTHING SO THAT THE DINAR DOES NOT PEG FAVORABLY! Spread the word!

-- June 30, 2006 2:43 PM ∞

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Sara Madgid wrote:

Outlaw, that is awesome news, thank you! :)

I have been hearing that the new rate has already been done and that the new rate will be posted in Sunday's auction at about 781.75 NID =1 USD.

As for dinarmustnotpeg, it is too bad we don't have an IGNORE button on this site.. that lame an argument isn't even worth taking the time to reply to.

Sara.

-- June 30, 2006 3:10 PM ∞

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Okie wrote:

This is why Iraq can speak about the Dinar opening at a good value. Also, note the 10/1 ratio regarding the cost of producing a barrel of oil in Iraq versus the US.

Why is Iraq’s oil so important?

Iraq not only has the potential to become the world’s largest oil producer but also can produce the oil more economically than most oil producing countries.

Favourable geology has given Iraq some of the world’s most prolific oil wells. In 1979 Iraqi wells produced an average of 13,700 bpd. By contrast each Saudi Arabian well averaged 10,200 barrels.

US wells, which are gradually drying up, averaged just 17 bpd. It would take more than 800 US wells to pump as much oil as a typical Iraqi well. Consequently, production costs in Iraq are much lower. The average cost of pumping a barrel of oil out of the ground in the US is about $10, in Iraq it is less than $1.

Most of Iraq’s known oil reserves are waiting to be developed. That’s why many countries have cast a covetous eye on Iraq, and why each one of the world’s major powers and international groups has an agenda for Iraqi oil.

http://english.aljazeera.net/NR/exeres/CD6F82C9-6CBF-4AD7-A8A0-0814C62BDF50.htm

-- June 30, 2006 3:57 PM ∞

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DinarMustNOTpeg! wrote:

Sara,

Lame an argument? Where is the lame argument - please point this out!? That's nice, don't let your greed get ahead of our national security and survival of our way of life! Open your eyes and stop drinking the cool-aid the communist media is shoving down your throat!

-- June 30, 2006 4:06 PM ∞

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TAYLOR wrote:

DinarMustNOTpeg,
Look how many countries hate the US and have well over a billion dollars to blow. Its not as easy to come by nukes as you think. By the way.. have you seen the extreme stupidity presented by the terorist groups? Were not dealing with a bunch of einsteins. Even Osama looks like he'd have to cheat on an IQ test. Let the terrorists have a billion.. in fact let them have 2. With that much cash it'll be easy to follow their every movement via their records. ##we're in the money##

-- June 30, 2006 5:47 PM ∞

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Rob N. wrote:

All:

From the CBI website. This chart shows the current exchange rate. From what Sara posted, it looks as though the DINAR will be worth a little more. Go DINAR.

C.B.I. FOREIGN EXCHANGE AUCTIONS
Year Date Market Price Auction Price Volume (000 USD)
2006 1 16-Apr 1,481 1,479 58,900
2 17-Apr 1,481 1,478 48,610,000
3 18-Apr 1,481 1,478 44,315,000
4 19-Apr 1,481 1,478 42,340,000
5 20-Apr 1,481 1,478 50,640,000
6 21-Apr NO AUCTION 0 0
7 22-Apr NO AUCTION 0 0
1 23-Apr 1,481 1,478 52,215,000
2 24-Apr 1,481 1,478 45,365,000
3 25-Apr 1,480 1,477 31,380,000
4 26-Apr 1,480 1,477 51,775,000
5 27-Apr 1,480 1,477 42,950,000
6 28-Apr NO AUCTION 0 0
7 29-Apr NO AUCTION 0 0
1 30-Apr 1481 1,477 58,600,000
2 1-May NO AUCTION 0 0
3 2-May 1,484 1,478 43,195
4 3-May 1,486 1,478 32,950
5 4-May 1,486 1,478 45,640
6 5-May NO AUCTION 0 0
7 6-May NO AUCTION 0 0
1 7-May 1,487 1,478 51,835
2 8-May 1,486 1,476 40,840
3 9-May 1,485 1,476 41,615
4 10-May 1,485 1,477 43,705
5 11-May 1,485 1,477 51,145
6 12-May NO AUCTION 0 0
7 13-May NO AUCTION 0 0
1 14-May 1,486 1,478 55,945
2 15-May 1,486 1,478 43,610
3 16-May 1,486 1,477 41,125
4 17-May 1,485 1,477 40,675
5 18-May 1,485 1,477 43,305
6 19-May NO AUCTION 0 0
7 20-May NO AUCTION 0 0
1 21-May 1,485 1,477 46,575
2 22-May 1,485 1,477 40,400
3 23-May 1,485 1,477 33,255
4 24-May 1,485 1,477 43,645
5 25-May 1,485 1,476 35,670
6 26-May NO AUCTION 0 0
7 27-May NO AUCTION 0 0
1 28-May 1,485 1,476 43,520
2 29-May 1,484 1,476 33,060
3 30-May 1,484 1,476 34,585
4 31-May 1,484 1,476 33,895
C.B.I. FOREIGN EXCHANGE AUCTIONS
Year Date Market Price Auction Price Volume (000 USD)
2006 5 1-Jun 1,484 1,476 37,800
6 2-Jun NO AUCTION 0 0
7 3-Jun NO AUCTION 0 0
1 4-Jun 1,485 1,477 47,510
2 5-Jun 1485 1,477 43,595
3 6-Jun 1,485 1,476 34,145
4 7-Jun 1,485 1,477 46,905
5 8-Jun 1,485 1,477 51,840
6 9-Jun NO AUCTION 0 0
7 10-Jun NO AUCTION 0 0
1 11-Jun 1,485 1,477 46,195
2 12-Jun 1,485 1,477 43,815
3 13-Jun 1,485 1,476 37,320
4 14-Jun 1,484 1,476 34,905
5 15-Jun 1,484 1,476 39,760
6 16-Jun NO AUCTION 0 0
7 17-Jun NO AUCTION 0 0
1 18-Jun 1,484 1,476 46,005
2 19-Jun 1,484 1,476 28,800
3 20-Jun 1,485 1,477 43,605
4 21-Jun 1,485 1,477 36,200
5 22-Jun 1,485 1,476 42,455
6 23-Jun NO AUCTION 0 0
7 24-Jun NO AUCTION 0 0
1 25-Jun 1,485 1,477 44,990
2 26-Jun 1,484 1,477 34,685
3 27-Jun 1,484 1,477 41,115
4 28-Jun 1,477 35,980

Thanks,

Rob N.

-- June 30, 2006 5:56 PM ∞

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Rob N. wrote:

Sara:

From a scale from 1 to 10 how likely do you believe the exchange rate will change to 781.75 NID =1 USD in Sundays auction.

Thanks,

Rob N.

-- June 30, 2006 6:04 PM ∞

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Okie wrote:

I think the exchange rate will change on Sunday just as Sara said...... :)
Sure makes a person appreciate having some of your stash in Al Warka Bank.
By the way, I got an e-mail from them this week with info. about some stocks and the guy sending it had a Western name. Maybe this is an indication they're getting some outside help with their banking system.

-- June 30, 2006 6:44 PM ∞

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Outlaw wrote:

OKIE...

hey always have been getting outside help wih heir banking system... It was "Citicorp". They have brought the Iraqi's into the "22nd century!" Hurrah!

-- June 30, 2006 7:44 PM ∞

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Taxmama wrote:

This is exactly what I told all of you yesterday. We were given a 48 hour notice about the internal increase. We were told it went up by 45%. Will be fun to see what happens on Sunday - but it WILL happen.

-- June 30, 2006 8:08 PM ∞

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Sara Madgid wrote:

Taxmama wrote:

This is exactly what I told all of you yesterday.

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121717

Yesterday
Taxmama wrote:

Also, the Central Bank of Iraq is going to announce TOMORROW that they did an "internal" raise of the Dinar by 45%.

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121644

===

Reluctantly, as per your own posts, above, I must disagree with you, Taxmama. Though I appreciate your contributions to the board on the tax situation, you did say here, YESTERDAY that we would see this information on the internal raise come about TODAY. It did not.

I was aware of the internal peg yesterday as well, but I don't normally post the rumors I hear (even though they are very good sources). The reason I posted on this subject this time was to correct the information to what is actually supposed to happen on Sunday.

I dislike being put into the position of making predictions, however, since I have ventured to correct the information, Rob, as for how certain this info is, it is as good as the Iraqi's word who gave it, which I certainly hope holds some weight. :)

Sara.

-- June 30, 2006 9:22 PM ∞

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Robert wrote:

WHOA!!!

That sure is one scantily-clad woman posted on that article on T&B's main page.

I thought that I had accidentally logged onto a burlesque website. (LOL)

Hey Okie and Outlaw,
It is true that Iraq can bring the crude out of the ground much cheaper than the good ole U. S. of A. The main reason is that the vast majority of Iraqi oil wells are relatively shallow, compared to our oil wells here. The vast majority of Iraqi "deep" oil has not been tapped for extraction.

I also wanted to say, "howdy" to Rob N. and Ron and all the others.

-- June 30, 2006 10:16 PM ∞

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Taxmama wrote:

I did correct my self later as to say that it would be the NEXT time the bank reported would be the time.
Very sorry to have led all you astray.
Not intentional.
If you all feel that I am quite incorrect, I will no longer post.
I will understand.

-- June 30, 2006 10:56 PM ∞

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Outlaw wrote:

Boy... I hope you girls don't act like this at the pig roast or we're going to have to make you both do a time out and stand in the corner... hehe

"Time will tell folks"

-- July 1, 2006 12:04 AM ∞

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Sara Madgid wrote:

No problem Taxmama..

I didn't mean to be nitpicky.. it isn't an easy call - all the "predicting" rumors are subject to the Iraqis giving the nod.. sometimes they don't, too.

You are welcome here. Please do keep posting.

I hope it all pans out very soon for all of us. :)

Sara.

-- July 1, 2006 12:28 AM ∞

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Roger wrote:

One more reason middle east oil is cheap to produce.

Most wells here are, as said, deeper, but the geopressure is not as great, and in most cases can not press the oil up to the surface, but has to be pumped up. Thus, for each stroke of that horse nodding in the backyards, you will have one certain quantity of raw oil pumped up.

Most oil fields in the middle east is first shallower, but on top of that, they are under much more geopressure, so once a well is drilled, no pumping is necessary.

Just ad a pipeline, and open the tap.

You could see this phenomenon during the last Gulfwar, when Kuwait's oil wells was a burning mess.

The well cap was blasted, and the oil gushing out was lit.

With the pressure the oil was gushing out, you had a geyser of burning oil.

What made such a dramatic pics from that last war, is also the very reason it's so cheap to get oil from those wells.

It's pressurized like a spraycan.

The geopressure can pump the oil straight onto the tankerboat.

I've been flying over that area, the pipelines runns in the desert like a spiderweb, all converging into harbor pumpstations for tankerboats.

Compared that with oil here in the midwest, we have farmland, freeways, big towns,rivers to deal with, so many of these wells, because of its low yeald, dont have pipelines to them, but have a holding tank.

It's the cost of pump machinery, the cost of setting up an electric grid system feeding the electric pumps, the cost of maintaining the screws nuts and bolts, the cost of trucking it and ofcourse farmer John need his cut because the well is on his land.

I haven't even mentioned off shore oil riggs yet.

During times when oil is cheap (if we ever see that again), there is a painlimit where the midwest installations just is not costeffective, and despite we all drive cars in the US, there was a big "oilbust" some decades ago, most painful around Midland and Odessa Tx where suddenly a lot of companies went belly up.

To weave in the Iraq Dinar in this.....during the last "bust" middle east oil was produced, up and running and there was not even talk about closing down anything over there, they did for some time slowed down the production, to get a bit more Pesos for the oil, but that was a political move they could afford because at that time with so many other oilproducing facilities around the world either closed down or defunkt, they were in control.

This shows, because of the uniqueness of their wells, that, that part of the world is the "default" area, where everything goes back to, if the oil industry goes down.

So an Iraq Dinar based on oil is set up for a good future.

So, assuming the sabotage and insurgency is taken care of, Iraq will have their oil taps open to the last drop.

Iraq oil = strong Iraq Dinar

-- July 1, 2006 1:40 AM ∞

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C1Jim wrote:

I think .40 would be great, so is anyone guessing if this date is real or not?

-- July 1, 2006 2:59 AM ∞

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Carl wrote:

Roger!
Regardless of the oil flow from Iraq or anywhere else, the day of cheap oil is like the dinasours of yesteryear ..only memories..
2.5 years ago, I heard President Bush give a speech on alternative fuel. In the speech, he stated, "in order for alternative fuel to be viable in America, where America could wean itself off of middle east oil, gas prices would have to be above $2.40 cents per gallon." He followed this up with a statement that stated, "he was allocating x millions for alternative fuel research, and the winner of those funds were mostly oil companies." The price of oil then was $1.59 to $1.75.

I stated then, oil in 2 years would be above $2.35 a gallon. Naturally everybody laughed and stated no way it would go that high... a year later, I was told by a oil distributor that oil would be close to $3.00 within another 2 years...

My point is this....The price of oil as been artificially inflated with all kinds of excuses. The purpose is to get the citizen use to paying a high price for the gas, so that when alternative fuel comes on line at all fueling stations, the transition is going to be easy. This removes the future shell shock period or hesitation to purchase the alternative fuel.
Its human behavior folks! The Government cannot do anything that makes a major impact on your life, without convincing you their purpose is valid. Some of those reasons are just plain vabricated, some true...but as all intellegence agencies, religions, etc; know...tell a story long enough,often enough, and people will start to believe your tale or version...(example: 72 virgins story..by the way...I wonder if a female sucide killer gets 72 male virgins? She or he is probably thinking..It would be like getting a box of batteries...surely out of that bunch one will work)

I believe history will show President Bush was the catalyst that pushed America into weaning itself from the middle east bottle...Yes! the gas prices are a burden to everyone's pocketbook....but I had rather have that....than be under the oil hand of some fundamentalistic, low vibrating spirit, with limited life times of existence.

Rumors will abound about the dinar...some will actually be true and come to pass...others are just wishes of others that were embellished in the emotions of the time...with no ill intent toward anyone...either way...if you think about it...it is the possiblities of the extra funds in your bank account and what you can co with it, that brings excitement into mornings when you get out of bed..

That is the fun part of being on the dinar train...just keep your head level...watch....
the dinar will RV...if it does not happen this time...it will.....be patient...don't let yourself start counting the money before it actually developes...either way...it is an adventure of a lifetime for the ones who had the nerve to buy a train ticket..

To Sara...
You have carried the stick of optimism when others have lost it...and I know even you at times have had doubts. Yet! you kept giving a cheer leading cry for the Iraqi Government, when at times it appeared they were too far behind....

Regardless of how this dinar adventure turns out....I admire your spirit and willingness to lay your heart on the line for all to see...above all, while I may have not always agreed with you about the RV coming earlier than later, I and the readers of this blog appreciated you carrying the ball a while...

Tax Mamma!
I appreciate your input to the board...What makes the board so interesting, is the mix of personalities and views...Do us a favor thou....when you hear of a .. he said type of information...it is OK! to blog it if you feel it is valid in your heart...just stipulate it is a unconfirmed rumour...so that way we can file it in whatever category the information needs to be put in...

-- July 1, 2006 7:24 AM ∞

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c1jim wrote:

Does anyone know what time the CBI opens tomorrow?

-- July 1, 2006 8:29 AM ∞

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Okie wrote:

Maliki is turning out to be a strong leader for the Iraqi people. This is good for everybody....

By Mussab Al-Khairalla

BAGHDAD, June 30 (Reuters) - Prime Minister Nuri al-Maliki will leave on a three-state Gulf tour on Saturday to promote Iraq's security under his national reconciliation plan and win new investment in Iraq's economy, an aide said on Friday.

Maliki will visit Saudi Arabia, Kuwait and the United Arab Emirates in his first foreign trip since being sworn in as prime minister on May 20, he added.

The visit to the three Sunni Arab states, expected to start in Kuwait, in marked contrast to his predecessor and fellow Shi'ite Islamist Ibrahim al-Jaafari, whose first foreign trip was to Shi'ite, non-Arab Iran.

http://www.alertnet.org/thenews/newsdesk/L30931250.htm

-- July 1, 2006 10:03 AM ∞

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Okie wrote:

For all you Dinarholics out there who always want to know what time it is in Baghdad.....keep the link below on your desktop.

http://www.timeanddate.com/worldclock/results.html?query=baghdad

-- July 1, 2006 10:28 AM ∞

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Anonymous wrote:

This "peg" that is supposed to happen on Sunday.....why is there no mention of it in the News section of the CBI website nor the World Bank websites? Taxmama....I hope that you are correct about the events that are supposed to happen tomorrow......but I have a feeling this is all a false alarm..no matter how good it sounds.

-- July 1, 2006 10:29 AM ∞

---

c1Jim wrote:

I don't think the "peg" is supposed to happen. Tomorrow it is supposed to go up 45%.

-- July 1, 2006 10:46 AM ∞

---

Roger wrote:

Carl,

You're abslutely right, the oilindustry have screwed us around and any and all reason to jack up the price for oil is taken.

However that is in itself a separate debate.

What I wanted to show is how easy it is to produce oil in that region of the world, and if we ever get into some kind of reversed oilcrunch again, with very low oilprices, and other regions fails, the middle east oil is the last one standing.

This will reflect to a stable and growing Iraq Dinar.

But to go back to your point, yes, much of the oil pain we see today is caused by ourselves. Extreem greed from the oilcompanies, and failure to build our own refineries.

If we had a flourishing and prosperous oilindustry just 8-10 years back that was surviving and thriving on $30 per barrel, and selling the gas for $1.50 gallon, plus come out with a healthy profit on top of that, one might wonder why todays oil will yeald 40 million dollars bonuses to the corporate CEOs.

The profit margin has definitively been bumped up beyond reason, any doubts on that statement, just check out the stock value over the last four five years on oilcompanies. They have skyrocketed.

But thats another story, other than that, I did just before the weekend my last Iraq Dinar purchase, and Im at my goal now.

It seems like it's heating up when it comes to movement on the Dinar.

So I will lean back and closely watch whats happening.

There's gold in dar hills.

I live in the Mother Load area of California, and have a lot of historic relics around me from earler stampedes.

I speak freely to people I met about the Dinar, but it seems to me that very very few even have the idea about it.

I dont know if that is good or bad for us, but for us that have seen the possibility in it, and its easy explainable, I wonder why there isn't a stampede as with the gold rush.

Maybe part of the picture were trying to communicate to a person in doubt, must by reason have insurgency, violence and uncertanty into it, and the concept of just with your own hand pick up gold nuggets from the stream seem more honest and fair, or its just a much simpler concept.

Anyhow, gotta roll.

Big hug to you all.

-- July 1, 2006 11:35 AM ∞

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Turtle wrote:

Well good news and bad news... The good news is that it is not Sunday or Monday yet. The bad news is Okie dropped the ball. I mean, he should have told everyone that weekends here are Thursday and Friday. So, the banks should have been open today and any changes should have already made their mark. I talked to my Iraqi source today and he priced out a mill at the same price I've been paying him - $730 per mill. Anyway, we still have another day to see if anything changes but so far nothing happening on ground level. Still REALLY hoping though. I'd love my next post to be from my new condo in the States. If Turtles had fingers they'd all be crossed right now.

-- July 1, 2006 12:19 PM ∞

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Carl wrote:

Roger!
Did you see the interview of Bill O'R..with John Kerry yesterday? My mouth dropped open when Bill got John K to admit, that congress for years has been bought off by the political contributions of the oil companies...Bill called it bribes...john kerry called it political contributions...
It reminded me of the that old southern saying....no matter how hard you try...you cannot make a mule into a throughbred....

Prostitutes are placed in jail for receiving funds for spreading their joy...to a john ....Politicians are given set limits on the amount of funds they can receive for spreading their joy..to a john...

Boy! What a Country...!

-- July 1, 2006 2:40 PM ∞

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Okie wrote:

Turtle.....

It's true, I'm getting very lazy about weekends since I came back from Iraq. I'm even thinking Sat. and Sun. are only good for sleeping in late and goofing off.
In any case I'm looking forward to seeing what the CBI does on Sunday. I hope it's good news.
I also checked some friends in Al Anbar province today and the price of Dinars was holding steady at $740 per million.

-- July 1, 2006 3:01 PM ∞

---

Carl wrote:

Hey! Rob N !
A few post back you ask me why I was opposed to purchasing Iraqi dinarat this time...my reply was. I wanted to see what is going to happen with iran....
As of today, I don't see any advancement with Iran...however, when the CBI and the World Bank agrees with the Iraqi Finance Minister that the dinar should RV...and they announce officially there is going to be a meeting in July about this....then in my opinion if you are going to buy dinar...now is the time...the iranian risk is still there...but it appears the indications are strong in favor of the dinar moving upward in the near future...
To back up my words...I went ahead and purchased additional dinar today...

-- July 1, 2006 3:35 PM ∞

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Taxmama wrote:

It was no rumor that I posted a few days ago. The CBI just opened up with a 50% increase in the Dinar.

My source which gave us this info now says the peg is within 3-4 weeks from now at $1.10 to $1.12 U.S. for 1 NID.

-- July 1, 2006 5:51 PM ∞

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Outlaw wrote:

Taxmama...

Can you please post a link showing it's increase....

I can not find one which reflects this.

Thanks,
Outlaw

-- July 1, 2006 6:38 PM ∞

---

Okie wrote:

Baghdad, Iraq
Baghdad is also known as Bagdad
Baghdad is the capital of Iraq
The native name of Iraq is Al Iraq
Current time Sunday, July 2, 2006 at 3:39:25 AM

-- July 1, 2006 7:42 PM ∞

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Outlaw wrote:

Well gang... Where do we want to have our Pig Roast at? Any suggestions? I suggest somewhere in the keys this fall...

-- July 1, 2006 8:39 PM ∞

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Carl wrote:

Outlaw!
The keys sounds fantastic...

Terrance where are you?

-- July 1, 2006 8:51 PM ∞

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Roger wrote:

Carl,

There's gold in darn hills, so you got a few extra Dinars, I did the same, I can kind of feel that things are moving now a bit, and things will not stay static forever.

Sorry I missed that Kerry interview, but know that O'Rielly is a straightshooter.

Left or right, once they move up to the hill, lobbyists keep greasing them.

It's a local slang word over there, once ther was a DJ in DC, called "The Greaseman".

With this latest move, the Dinar wil be upgraded in value somewhat.

So, if I'm correct, nothing else will change.

The Dinar will still be pegged. It will be daily actions. It will not be sold on the currency exchange market.

So, instead of getting 1400 something Dinars, per dollar we "only" get in the vicinity of 700 Dinars per buck? Right?

So the deal is downgraded from "extreemly super deal", to only a "super deal".

Am I getting it right?

R

-- July 1, 2006 10:22 PM ∞

---

Roger wrote:

Okie,

Bagdad Kansas, reportedly got its name after an industrious boy stacking flourbags in a mill. His father couldnt keep up with him as he continously shouted....BAG DAD.

-- July 1, 2006 10:29 PM ∞

---

Roger wrote:

Carl,

This thing with 72 virgins, there must be a catch.

When the suicide bomber gets to heaven he will get Alzheimers. (Read the contract, the small text gets you all the time)

Perhaps its Gods way to make sure he is in hell even when he is in heaven.

He will be given endless supply of Viagra, and all the virgins have breast implants.

So he will walk around perky bobs, with a boner, and would'nt have a clue what to do with it.

-- July 1, 2006 11:46 PM ∞

---

Roger wrote:

Busy today,

If a person invest in one million Dinars.

If the proposal to peg the Dinar with the Dollar, and shave off three zeroes from the Dinar. That means I can read one million Dinars on the notes, but it is actually only one thousand dinars worth of money.Im holding an equal value of 1000 dollars in my hand, now at a value of 1 Dinar = 1 Dollar.

If in the blue future, eight years from now,the Dinar goes up to 1 dinar = 3 Dollar, that means, my original investment of 750 dollar (1 million Dinars, converted to 1000 Dinars)will be worth 3000 dollar.

Actually wouldnt it make more sense, sitting in Iraqi clothes, doing it that way?

What it means, it will be a very very small cho cho train coming in for us, and not the millions upon millions we hoped for.

Prepare for the worst and hope for the best

-- July 2, 2006 12:18 AM ∞

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Roger wrote:

Is there any way to fix this blog, on occasion the last lines are cut off.

-- July 2, 2006 12:23 AM ∞

---

Ciro Baghdad wrote:

VOICE OF THE PEOPLE

What I haven't seen the media report about Iraq since the invasion in 2003, according to the Commentary Magazine Web site:

1.2 million refugees have returned to Iraq. Refugee camps in Turkey, Iran and Syria have closed down.

Pilgrimages to Shiite holy sites have skyrocketed. An estimated 12 million pilgrims visited sites in 2005 alone.

3,000 Iraqi clerics have returned home.

The new Iraqi dinar has risen 23 percent to the Iranian rial, 17 percent to the Kuwaiti dinar and 18 percent in one year to the U.S. dollar. Most Iraqis, Kuwaitis and Iranians treat Iraqi currency as a safe medium of exchange.

Iraqi gross domestic product: up 52.3 percent in 2004.

Inflation: down from 70 percent to 25.4 percent.

Unemployment: down from 60 percent to 30 percent.

Iraq now exports food to neighboring nations. Pre-invasion: dependent on United Nations rations.

Talk radio, television talk shows and Internet blogs are a raging success, whereas pre-invasion speech, was almost non-existent from a culture of fear.
What the media have reported about the war:

About 3.5 hours of coverage over three weeks of military misconduct.

52 minutes over five years of the 20 highest recognized and rewarded for bravery U.S. soldiers. (14 of them have gone unmentioned by ABC, CBS and NBC.)

-- July 2, 2006 12:33 AM ∞

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C1Jim wrote:

If you highlight the lines you can see them.

-- July 2, 2006 12:36 AM ∞

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Roger wrote:

C1jim,

Cool, it works, I told you.... that college stuff pays out.

-- July 2, 2006 12:58 AM ∞

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Bob wrote:

Roger,

I think you are misunderstanding the concept of dropping the three zeros; for example; .00068746; remove the three zeros and the dinar is work .68746; they are not going to drop the zeros off of the currency. Again, the number I used is not the actual rate; it is an example only. If I am correct in my assessment, anyone feel free to correct me. Thank you!

-- July 2, 2006 1:05 AM ∞

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Bob wrote:

I meant if I am INCORRECT; please feel free to correct me. Thank you!

-- July 2, 2006 1:07 AM ∞

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C1Jim wrote:

It is 0920 in Iraq.
Looks about the same.

Sunday, July 2, 2006

1 US Dollar = 1,530.10 Iraqi Dinar
1 Iraqi Dinar (IQD) = 0.0006536 US Dollar (USD)

Learn about the new Iraqi Dinar
Median price = 1,405.00 / 1,530.10 (bid/ask)
Minimum price = 1,405.00 / 1,530.10
Maximum price = 1,405.00 / 1,530.10

FXConverter™: Classic 164 Currency Converter © 1997-2005 by OANDA.com.

-- July 2, 2006 1:17 AM ∞

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Outlaw wrote:

"Time will tell folks"

-- July 2, 2006 2:27 AM ∞

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Bob wrote:

Taxmama,

Where can we go to research the information that you are providing? It hasnt increased as of 11:00 AM, Sunday, 2 July.

-- July 2, 2006 3:07 AM ∞

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C1Jim wrote:

1246 Is the current time in Iraq.

Sunday, July 2, 2006

1 US Dollar = 1,530.10 Iraqi Dinar
1 Iraqi Dinar (IQD) = 0.0006536 US Dollar (USD)

Learn about the new Iraqi Dinar
Median price = 1,405.00 / 1,530.10 (bid/ask)
Minimum price = 1,405.00 / 1,530.10
Maximum price = 1,405.00 / 1,530.10

FXConverter™: Classic 164 Currency Converter © 1997-2005 by OANDA.com.

-- July 2, 2006 4:42 AM ∞

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Anonymous wrote:

Taxmama,

Thinks you might want to obtain a different source and fire the one you currently have.

-- July 2, 2006 5:13 AM ∞

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Carl wrote:

Remember Guys:
Rumors are just that... rumors...
The carrier of those are just parroting what they have been told. 99.9% of the time there is no ill intent in repeating what they have been told...it is an effort to inform only...sometimes its valid....sometimes not...afterward the barrier of the rumor feels more let down about the rumor not coming true as the ones who heard it....mainly because they placed their own belief in someone,persons or something, that has not been as fruitful as they had been told...thus they have lost more than the listener...They loss some confidence in that so called "IMPECCABLELY SOLID SOURCE"of theirs, who in their mind gave them the inside edge....that special insight that no one else had.

Always take rumors as just that....this is not the first, nor will it be the last time a rumor is posted that will not come true...read them and place them in that file called "Possible but not yet a reality".

I have started purchasing more dinar again myself, because of the "official announcement" of the future meeting for the dinar RV...however...
I firmly believe the dinar will be RVing, but WHEN is anyones guess....This venture is not an investment but a long shot throw of the dice ...you all who have purchased dinar...have now placed your bets and the wheel is still spinning...enjoy act of the play..the ending hasn't been written yet...

-- July 2, 2006 6:00 AM ∞

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Anonymous wrote:

I totally agree about a rumor is a rumor but when that person comes back and says "it was no rumor that I posted the other day, the CBI opened up with a 50 percent increase in the value of the Dinar." I would love to see that increase in writing....weblink....just something.

-- July 2, 2006 6:12 AM ∞

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Lance wrote:

Been watching and reading TB since this started. 2 years in Kuwait and now in Iraq. My comment is that the CIB usually posts it's auction at 10:00 local. It is now 14:00 and no new post for todays auction which should have been Auction #715. They are still showing the 29th posting 714. Interesting.

-- July 2, 2006 6:12 AM ∞

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MARK wrote:

Something has changed, The amount exchanged at auction has averaged around 40,000. Today that number is only 15,000. I'm not sure what that means, but it is a change.

-- July 2, 2006 6:48 AM ∞

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Carl wrote:

Lance:
#715 was posted...1477 is the magic number...

Tax Mamma...
While I believe your intentions had no ill intent,you may want to explain your last post to the board regarding... where the CBI opened with a 50% increase...you made it appear it was officially done...no rumor ...just waiting to be posted Sunday AM...

Have you questioned your so called "Reliable Source" as to why that type of statement would be made...if it was not true?..the facts are..."IT WAS NOT TRUE!"

As you are finding out, when you enter into the "Twilight Zone Of Rumors" such as your last post...then back it up with a post of "II WAS NOT A RUMOR"... it carries with it a degree of responsibility...that post can reflect on the original spreader's credibility...

That is why it is debatable if such unconfirmed information should be mentioned at all....as it makes the boards readers go ....What Tha.....&%#@*&^%$ was that about ???

-- July 2, 2006 6:57 AM ∞

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C1Jim wrote:

Well, it was fun for a couple of days!!!

-- July 2, 2006 7:09 AM ∞

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Carl wrote:

Mark:
You are correct in your observation about the amount of dinar sold at Sunday's Auction. It is a drastic drop...that really stands out...

Now to me it seems the opposite would be true...if the rumor of 50% internal dinar valuation had any meat to it...it would seem plausible that tax mamma's source would not be the only one to have that inside information...that information would have gotten out to the other sellers of the dinar and there would have been a run or rush to buy as much dinar as you could while the price was 1477 and not 738 per dollar...the sales should have gone through the roof...instead the opposite occurred...the lowest transaction of dinar for months....

Now this brings the reader to several conclusions...
1. The dinar sellers are not as savvy as we thought they were...
2. The dinar sellers do not have anyone inside the institution that feeds them headsup information...
3. Tax Mamma's source sits in a vacuum and is the only one who is at the right hand of the decision maker...and the decision maker was wrong on the date of the internal dinar valuation...
4. There never was going to be a internal dinar valuation, therefore, no other dinar sellers could know about it...because the information did not exist...
5. There was a ulterior motive for this rumor to be spread on the board...

FACT: NOTHING IS DONE WITHOUT A REASON...
THE TRICK....DETERMINING THE REASON...

Now! that still does not explain why the auction was so low this time....any opinions about this....it is obvious something or some type of internal information kept them from bidding on this particular auction...it is definitely a wait and see attitude by the sellers of the dinar...

Remember! when you are in a maze of smoking mirror its hard to distinquish between the mirrors and the real thing...

-- July 2, 2006 7:25 AM ∞

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Okie wrote:

Oh well....this is nothing new....dealers touting their wares come and go.
Now back to the real world,

-- July 2, 2006 7:28 AM ∞

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MARK wrote:

"MY THOUGHTS ONLY" Not fact or rumor, I'm thinking that this drop in the amount sold at auction, could mean that the CBI is waiting for the rest of the world markets to open on Monday. At this time, TAX MAMA's information was not exactly true, but this is the first change in a long time and it happened on the day TAX MAMA said. Coincidence or a sign of change, we may soon find out.

-- July 2, 2006 7:55 AM ∞

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C1Jim wrote:

Mark,

I like the way you think.

-- July 2, 2006 8:18 AM ∞

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Carl wrote:

Mark:
The CBI goes not have any control on how many bidders there are on a given day, that I know of..

So the waiting for the rest of the world on Monday doesn't seem plausible to me...

Fact: Tax Mamma first gave out the rumor there would be a 45% internal dinar valuation..this could be accepted and process as a rumor...

The came the hammer....from TAX MAMMA..it was no rumor..the CBI has opened with a 50% increase...this was stated as FACT...she gave out this information at a time, when it could not be confirmed, as CBI had not posted the auction amounts or prices...and would not be confirmed for hours..

Now one of two things happened...
Either she was told that by her source...who deliberately gave her false information...or information he or she believed to be true ...knowing that she was going to pass it on..
or...TAX MAMMA made it all up with a ulterior motive...that is not yet known to the board...
I am willing to give her the benefit of a doubt until time or facts prove otherwise..

If TAX MAMMA is real then I am sure she will be able to explain her position, and how things occurred...with its end result...if she does not respond...then we all know the answer..with a lean toward dinar pushing...
Ya know...last chance...first and last time offer...you must make a decision now..or the offer is removed...car dealers use that all the time...it is old time sale ploy...for stimulate business...

Tax Mamma...What say you.....?

-- July 2, 2006 8:26 AM ∞

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MARK wrote:

I'm just sittin in my office and thought I generate some discussion. I also noted that the CBI website, didn't post the "Market Price" and Noted that they were waiting for New York to open. Hey, TAXMAMA are you awake yet???

-- July 2, 2006 8:36 AM ∞

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Bob wrote:

In her post on the 30th of June, Taxmama stated that her source sells millions of dinars all over the world.......wondering if she wasnt just trying to generate some big time business...very curious what her response is going to be....right now the pie is all over her face...I dont think she will respond to any of the inquiries....just my opinion.

-- July 2, 2006 9:04 AM ∞

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Robert Morales wrote:

I just wish we could get some 100% accurate information.

-- July 2, 2006 9:08 AM ∞

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TAYLOR wrote:

I feel like a child who just woke up and there were no presents under the tree :(. Taxmom I'm willing to give you the benefit of the doubt. Between the car bombing yesterday and Osama's new recording perhaps schedules are thrown off a bit. (I have to remain an optimist)

-- July 2, 2006 9:08 AM ∞

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MARK wrote:

This is gonna be a long day and I think i'm gonna make it longer. I may be grasping for straws (dinars), but if you take the average amount of DINARS sold at auction (39 million) and then look at todays amount, (15 million), that's a 60% change. as far as TAXMAMA, I hope she doesn't doesn't work for "SAFEDINAR", my friends and I just got another 5 million. I'm gonna keep holding my breath, I might last a little longer than David Blane.

-- July 2, 2006 9:19 AM ∞

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Bob wrote:

I am also willing to give Taxmamma the benefit of the doubt; we all on this board hopes for a substantial increase in the Dinar; and we have our opinions; but when a person calls themselves out and says this is not rumor...it is FACT....then it dosent happen...it begs the question the credibility of her source and also to her....am really interested to see what the explanation is.

-- July 2, 2006 9:23 AM ∞

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MARK wrote:

BOB, I think the jury is still out on TAXMAMA'S info, let's wait and see what the Market Value is set at. We have waited this long, let's just give her a little more time and hopefully we won't throw her under the credibility bus.

-- July 2, 2006 9:41 AM ∞

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Outlaw wrote:

OK gang... See "Time did tell"...

I do have one question... Something that I think has went over everyone else's head....

Sara,

You said that you "were aware of the internal peg also"... where did you hear this news?

It seams so out of character for you to hold back on your attack aginst Taxmama... how come?

Hummmmmm???

-- July 2, 2006 9:45 AM ∞

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Outlaw wrote:

There is one more thing to note...

The amount sold at auction today was the amount the the CBI issued for auction...

Again... Hummmmmm?

-- July 2, 2006 9:51 AM ∞

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Robert wrote:

I agree Bob. I say that it definitely goes to the credibility of the person, or it could go to the inexperience of the person. Maybe Taxmamma is a newbie at this. Then again, maybe it is Clay or one of his clan in disguise.

I say that anybody can be tricked by a dinar seller, at least once. Like Bob, I say that we give Taxmamma the benefit of a doubt. Hopefully, Taxmamma will learn from this. But, I would also say that we shouldn't believe any more rumors that her source tells her, should she decide to share any additional information from her source. Unless, of course her source has "concrete" evidence to make it a fact.

It is pretty evident that this was a scheme for someone to boost their dinar sales. I like that way that Carl put it, when he said that "Nothing is done without a reason.". I wonder how many people plopped down their U. S. dollars for this. Hopefully, noone did.

-- July 2, 2006 9:55 AM ∞

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Robert Morales wrote:

Maybe there is "good news" here somewhere we are not seeing!

-- July 2, 2006 10:00 AM ∞

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Roger wrote:

Bob,
I strongly doubt thats the way to take off three zeros.

If for example the dinar has .0006734 as a value to the dollar, and you make it .6734 you have shaved three zeros from the relationship value between the Dinar and Dollar.

You have not shaved three zeros off the Dinar.

For me it would make more sense if you would make the Dinar comparable with the dollar, to make a 25.000 Dinar note, worth 25 dinars, and then peg it with a dollar, because the value would be so much closer to start up with.

The problem I see with that is on our part, if the Dinar will be reissued, (usually its a liberal time given), and its not traded on the open market yet, I guess we have to send one of you guys to Baghdad with a sack of currency.

Or the Dinar dealers will set it up, and get us for the second time.

Secondly if its done that way, we will make a small profit, but I would cancel the order for a Lexus.

-- July 2, 2006 10:42 AM ∞

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Okie wrote:

Mark.....

Your comments on the average price of dinar sold at the CBI and the most recent price is very interesting. It's a definite change and worth watching to see what happens. Hopefully it will give us some clues on the future RV of the Dinar.

-- July 2, 2006 11:05 AM ∞

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MARK wrote:

A quick question? Does the CBI make $40 million a day from the Currency Auctions they hold every or are my numbers way off. As I understand it, the Iraqi Government is gonna have to have a whole butt load of money in reserve, if they open at .69 cents.

Roger, I am one of those inexperience DinarTrain riders and yes I went out and purchased more, before TAXMAMAS "Internal Peg". Can you shed some light on my question???

-- July 2, 2006 11:06 AM ∞

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Anthony R wrote:

The low volume scares me. Signifys one of 2 things... the much talked about zero lop, or a complete currency change to a new curreny making out dinars.... WORTHLESS!!!!!!!!!!

-- July 2, 2006 11:12 AM ∞

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MARK wrote:

When did the rumors start about making a New Currency, and loping off 0's from the current money? From the aticle posted on this site, I translated that to making the Dinar peg at .69cents. How did the 25,000 note become a 25 note???

-- July 2, 2006 11:21 AM ∞

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Carl wrote:

Anthony!
To me it does not appear plausible of a new currency change...
Reasons Why!!!

The International Market would see it as a rip off...

The Iraqi Government itself would lose all kinds of credibility..

The new currency would find it a difficult road to hold, as no one in their right mind would re-invest in a new re-issued currency....after all what would keep them from re-issuing another in 3-4 years...after this renewal...

I spoke with Roger...he agrees with me about there being something else in the works...what it is ...is a SWAG...but the obvious is apparent..it has kept the dinar auction buyers at bay...in a wait to see position...as the 15K auction number is way off of the norm...Good internal news increases sales....detrimental news slows it or shuts it down..

I see TAX MAMMA is still silent...sometimes silence is the loudest thing on earth...

-- July 2, 2006 11:51 AM ∞

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Roger wrote:

Mark,

Sorry I'm in the dark as everyone else here on this site, after all the hype and rumors, the only thing that changed is that the Iraq Central Bank didnt sell for more than 15.000 in todays auction.

Somwething is going on, but what??????, We'll see. I'm not reaching for my psychiatric pills because of that.

Perhaps we're all reading into it too much, and dont know if it's a holy day or something over there.

As for shaving off three zeroes, and pegging the Dinar with the Dollar, this comes from a proposal for a study, from the Iraq Financeminister, according to the press release, it's got its backing from the international bank. It was released the 30th of last month, (about a week ago) , but again, dont put too much into that either.

It hasn't happened, it's not even planned, it's a proposal he put forward , probably to probe its feasability.

There is no "New Currency" out there.

So calm down Mark, dont worry for a problem that doesn't exist. You're welcome to shoot ideas around here, and possible future scenarios. It's would be to everybodys benefit to have highlighted as many angles as possible in beforehand, like the proposed "three zero" concept.

It's been a bit jidderish the last days, but if you really look at....nothing is different today as it was seven months ago.

This subject is a very fertile ground for rumors, and its easy to either take one favourable or unfavourable piece of information and run with it.

You might want to scroll back a bit, not too long ago we had a minidebate about information, rumors and insider information.

Also I suggest, read Carls site for today, that guy is hart to rattle.

Recently we had a Taxmama here, stirring things up a bit, you might want to read all the comments and responses to her postings.

That will get you a flair of things around here.

All in all, on occasion, turn the TV and Computer off, go out and hear the birds sing, thats the real world.

Mark if you're new into Dinars, dont be afraid, I doubt that anyone on this site is a professional, bona fide, currency dealer. Your word is as good as mine.

If this pays out....there is talk about a pot roast in the Keys, ....I'll buy you a beer, and you buy me a cigar. Deal?

-- July 2, 2006 12:03 PM ∞

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Turtle wrote:

I have to question something Okie hit on. There was no RV of the dinar today. However, there was a decrease in supply offered. Could this be a way of forcing the value up? Demand remains the same or increases (because of current talk of RV to 1-1 in a month)and supply decreases via offereing less... It seems the natural reaction would be increased value by manipulating market conditions. If this continues, it would be a nice lead up to next months possible "official" RV.

-- July 2, 2006 12:06 PM ∞

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MARK wrote:

ROGER: Thanx for the invite, I hope I can take you up on that.
I've been reading this discussion for about a month and just came back last week, it got a little religous, not that, that's a bad thing, but I'm just like everyone else, Looking for some Information. With that said, I'm waiting for TAXMAMA'S response.
What do you know about the Currency Auctions, is the CBI/Iraqi Gov't making $40 plus million every day?

-- July 2, 2006 12:41 PM ∞

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big t wrote:

Yes - Taxmamma is silent - but as Outlaw so aptly pointed out; so is Sara - perhaps we're being quick to judge? Hang in there folks -

-- July 2, 2006 12:45 PM ∞

---

Okie wrote:

I hope everybody realizes this is a pretty good forum despite the recent rumor we're thrashing around. We have a pretty good mix of people with a variety of backgrounds. As Roger hinted, none of us are experts on the Dinar.
What all of us do have is an interest in the Dinar to the point that we're willing to pony up some cash to buy the Dinar as an investment.
What I know for sure is....we're getting much closer to the ole Dinar train Station....Ain't life grand!!!

-- July 2, 2006 4:17 PM ∞

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Carl wrote:

Okie:
Those who have been on the forum for quite sometime,can atest to the fact that it has gotten down right ugly once upon a time...to allow that to happen is not only the wrong thing to do...but will destroy a blog quickly...as it almost did...

Yes! we have plenty of different personalities and each have their own characteristics or nuiances...Its like having either a plain boring soup or a soup that has so many different flavors, sometimes you just can fiqure out which spice is the best...

Now! am I personally angry or upset at TAX MAMMA? The answer is no! Why should I be?
The writer going under that name had intentions or reasons for posting the internal dinar valuation prediction...I personally did not get hurt by it...if you ran out and bought dinar based on that prediction, then that was your choice...not the writer's...she only did the following: 1. stated something that she believe to be true....2. Parroted information from someone whom she had trust in...and it came back to slap her in the face 3. Spread the internal dinar valuation deliberatly, with intention to deceive or influence some type of action from the board readers....neither of these caused serious harm to anyone other than getting your blood pressure up for about 24 hours in the anticipation of just what the opening auction bell would bring at CBI. When nothing happen other that a slow productive auction, sure... some were disappointed... sort of like catching your dad playing Santa Claus for the first time on Christmas Eve Night..

See it for what it was...simply just a insignificant part of this wonderful adventure to possibility land...

TAX MAMMA the board is open to listen...no daggers in my hand...

-- July 2, 2006 4:46 PM ∞

---

Roger wrote:

Turtle,

I think you might be hitting on something.

One explanation the sales was only 15 mil might be that outside of the auction hall a camel was entangled in the messy electrical grid they have over there, the auctionhall went dark in the middle of the auction, and both sellers and buyers went outside and had a camel barbie instead.

No seriously, It might be that the Iraq Central Bank just didnt release more Dinars for sale. They are the ones in control of the sales.

If you know you want to rise the value of the Dinar, and who would possible know better then the insiders of the Iraq Bank.

Just put a strangle hold on the offered Dinars, and keep stashing them in the vault.

Once the Dinars are upgraded, suddenly ICB are sitting on a stash of higher valued owned currency.

However, the camel explanation is as good as any.

-- July 2, 2006 4:51 PM ∞

---

Okie wrote:

Carl….

Wise words on the “Taxmamma rumor”. This rumor reminded me of a saying we have in Okieland….and I’m sure you have it in your neck of the woods also….

“Well hell !!!…..it’s betterin’ a poke in the eye with a sharp stick….ain’t it?”.

-- July 2, 2006 5:47 PM ∞

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Carl wrote:

Okie:
What part of Oklahoma are you from?

-- July 2, 2006 6:28 PM ∞

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Robert wrote:

Hey Gang,

Let's put this reprint into perspective. We long-time holders of the Iraqi dinar have weathered rumors, insults, lost sleep, upset spouses, second thoughts, third thoughts, no thoughts, Truckandbarter-itis (too long on forum), made some friends, gained MORE enemies, hairloss, more gray hair,or both, shot at and missed - sh*t at and hit, and God only knows what else.

And, we're worried about a reprint? Seems to me that it would be a piece of cake, compared to what we have already been through. And, for those who have been in the dinar a few weeks or months: Get ready for the same dinar dance. Would I do it again? I don't know, because I have also lost my ability to make a decision. Where's the ADVIL?

-- July 2, 2006 7:22 PM ∞

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Okie wrote:

Carl.....

I'm an Okie from Muskogee. It's in the foothills of the Ozark Mountains and that part of Oklahoma is called "Green Country". I haven't lived there for years but it sure is nice.

-- July 2, 2006 7:33 PM ∞

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Carl wrote:

Okie!
I have been in Muskogee many times...I was a police officer in Oklahoma City for 3 years before moving back to Alabama. In 1970 or 71, can't remember the actual date any longer...I must be getting the CRS disease... I was there in Muskogee when two guys ran the police dispatcher out of the police station one night, and tossed in some lite dynamite...it sort of rearranged the furniture in the station, along with the whole front of the building(I don't know your age...so I don't know if you were even aware of that incident...)Your guys at that time had the Kolachie (SP) festivals...and your police dept would ask for help from surrounding depts...I always volunteered because of those homemade cookies filled with some of the most exquisite fruit stuffings...boy! it makes my mouth water just thinking about them..

When I first moved to Oklahoma City, the hardest thing to get use too was the wind...when I left 3 years later the hardest thing to get use to in Alabama was having no wind..

You have a large lake there...I want to say long leaf lake or something like that...beautiful area...fine...good solid folks...down to earth...the type I like to hang around...you come from good stock..

-- July 2, 2006 8:59 PM ∞

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the unknown wrote:

http://www.iraqidinar.org/iraqi-money.asp
check this out!!!!
Iraqi Money
Iraqi officials state that it is illegal under Iraqi Law to export Iraqi Money (the new Iraqi currency). This statement was included in a letter we recently received from a bank (we asked for iraqi money investment information) 'you can not transfer any Iraqi Money out of Iraq because it is not allowed by the regulation of Iraqi Central Bank'.

There are some major risks associated with holding Iraqi Money outside of Iraq and this page dedicated to Iraqi Money provides some information you should consider!

It's not illegal to buy Iraqi Money provided it is not removed from Iraqi, so then, how do you buy Iraqi Money and do it legally? Read the information below and for complete details, see our Dinar eBook which explains how to legally buy Iraqi Money plus avoid the markup dealer's are charging!

Over the last year, the circumstances of the war in Iraq have created the phenomenon of businesses trading in new Iraqi Money. Many of these businesses advertise or conduct business over the Internet, and suggest that Iraqi Money, much like the Kuwaiti dinar following Operation Desert Storm, will increase in value exponentially following United States military involvement in Iraq. Most investors purchase dinars from websites established particularly for selling Iraqi Money or from major auction websites.

Iraqi Currency
FinCEN has been receiving inquiries regarding the legitimacy of websites offering Iraqi Money. While it is not necessarily illegal to buy or sell Iraqi money, there are a number of risks and compliance concerns for the financial community.

For example, Iraqi officials state that it is illegal under Iraqi law to export dinars. Therefore, in addition to questions about the source of the money, and the potential for investment or securities fraud, businesses offering to sell dinars may also pose the risk of being used to fund terrorism or as a vehicle for money laundering.

FinCEN also has a particular interest in these businesses because they may be money services businesses required to comply with the Bank Secrecy Act.

Any United States entity that buys or sells currency, including Iraqi Money (dinars), in amounts of more than $1,000 U.S. to any one person in one day may be a money services business under FinCEN's regulations at 31 C.F.R. Section 103.11(uu). [Note: there have been questions about the old dinar with Hussein's picture on it. That dinar ceased to be legal tender around January 15, 2004 and thus ceased to be currency for purposes of the Bank Secrecy Act.] Money services businesses include:

Money transmitters;
Currency Dealers or Exchangers (except those who do not exchange more than $1,000 in currency or monetary or other instruments for any person on any day in one or more transactions);
Check cashers (except those who do not cash checks in an amount greater than $1,000 in currency or monetary or other instruments for any person on any day in one or more transactions);
Issuers, sellers, or redeemers of traveler's checks, money orders, or stored value (except those who do not issue, sell or redeem such instruments in an amount greater than $1,000 in currency or monetary or other instruments for or from any person on any day in one or more transactions);
Iraqi Money Dealers
Money services businesses generally are required to register with FinCEN, to establish anti-money laundering programs, and to comply with recordkeeping and reporting requirements under the Bank Secrecy Act.

Websites selling Iraqi Money frequently claim that their businesses are registered with the Department of the Treasury. These assertions are not always accurate. Further, it may be difficult to discern from the money services business registration list on FinCEN's website (www.msb.gov) whether the business is in fact registered, particularly if the business is an affiliate of, or a "doing business as" alias for, the business that is registered.

Moreover, even if the business is registered with FinCEN, that registration does not guarantee that the business is in compliance with other Bank Secrecy Act requirements or with applicable state law. For these reasons, a financial institution that conducts business with entities selling Iraqi Moneys should conduct appropriate due diligence to assure itself of the legitimacy of such entities. All financial institutions that do business with, and potential customers of, such money services businesses, are reminded that registration with FinCEN in no way authenticates either the legitimacy of a business, or the compliance of the business with any federal, state, or local laws.

New Iraqi Money
An analysis of FinCEN's Suspicious Activity Report database for filings referencing Iraqi Money indicated suspicion of the use of Internet dealers of Iraqi Money in terrorist financing, although not all of the corresponding narratives provided clear or complete justification about the terrorist financing nature of the activity reported.

This serves as a potent illustration of the critical importance of a clear and complete narrative description when filing a Suspicious Activity Report. Particularly when terrorist financing is suspected, conclusory statements with no supporting facts or justification are of limited use to law enforcement in pursuing their investigations.

Further analysis of businesses engaged in selling Iraqi Money is ongoing. For instance, FinCEN analyzed Bank Secrecy Act data (including Suspicious Activity Reports, Currency Transaction Reports, and Reports of International Transportation of Currency or Monetary Instruments) involving the purchase of Iraqi Money to support a law enforcement initiative that uncovered an elaborate network of structured money movement by and to persons suspected or convicted of substantial fraud or other illicit international activities.

A portion of this information derived from the SAR Activity Review.

-- July 2, 2006 9:04 PM ∞

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Ron wrote:

Hi all,it's just another day in paradise we'll make it,and the roast may not be so far off for the dinar train gang.Good lugk to all and iraq.

-- July 2, 2006 9:27 PM ∞

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Robert wrote:

Hey Ron,
Glad to see you on the board. Hope you are doing great!

-- July 2, 2006 9:50 PM ∞

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Sara Madgid wrote:

Hi Gang!

I was out watching the birds sing in the real world, Roger, and wasn't anywhere near a phone.. it was heavenly!

So, outlaw and big t, you are right.. I would have commented by now if I had been around.. but I wasn't! :)

Roger's comment about there being gold in dem dere hills has validity, as do the posts about all the oil wells and oil riches in Iraq. This site has always been long term in its view. That is part of why I didn't post the information that TAXMAMA had when I had it, too. This is not generally a HYPE and Dinar RUMOR board. It is a look-at-the-long-term-this-will-work-out-eventually board. It is a board which steps back and looks at the overall picture rather than the day to day maybes and a board which goes with solid information and turns a skeptic's eye to any unsupported rumors.

Now, the "three zero" news was a bit more substantial. Like Bob and Roger's posts, at the IIF they say this article means zero lop and at IDI they say it means a definite RV to .68 USD. Interpretations on the dinar sites abound... but the only thing I see is.. someone is considering a move.. quite soon. Something is in the wind! :)

I agree with Carl.. we on this board who are Dinar train ticket holders have always thought it will RV.. it WILL HAPPEN.. eventually - but when you stick your finger in the air and the wind starts blowing.. it might be prudent to buy a bit more if you are going to do it in the future anyway. (And NO, I don't sell dinar, so please don't think that my saying it might be wise to buy dinar in any way makes me money.. it is just my personal opinion.)

Okie, thanks for the link to Baghdad time.. I saved it to my desktop. :)

Taxmama - I was hearing what you were and thought it credible, too. If I had posted it I would have been getting the same kind of feedback you are now. The problem is.. it takes IRAQIS pressing the GO button to Revalue the Dinar. And they don't appear to truly wish to do so. They just like to SAY they will, then go back on their word. We call it lying.. over here. And that makes you wonder.. since over there, it is acceptable to not keep your word to "infidels".. does it mean that the US government fits in that category as far as these Iraq are concerned (in their hearts not with their mouths)?? Don't judge the board too harshly, TAXMAMA - realize that no matter how credible the sources you had, they were NOT high enough to know the truth of what the man with the GO button in his hand would do.. and because of that man's constant inability to keep his word, he is a man for whom I have lost respect.

Sara.

-- July 2, 2006 9:51 PM ∞

---

Sara Madgid wrote:

I thought this interesting today..

Sara.

===

Banking and business circles show great interest in the proposal dinar equal dollar

http://translate.google.com/translate?u=http%3A%2F%2Fwww.iraqdirectory.com%2FDisplayNewsAr.aspx%3Fid%3D1597&langpair=ar%7Cen&hl=en&ie=UTF-8&oe=UTF-8&prev=%2Flanguage_tools

-- July 2, 2006 9:55 PM ∞

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Roger wrote:

Sara's back, Open up the Champagne, Hi honey, welcome to the show. The dance girls are here, the audience are here, and the band starts playing any moment now.

-- July 2, 2006 10:11 PM ∞

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Outlaw wrote:

Sara

So what is your take on the low amount that the CBI offered for auction today? (15 million U.S.)

-- July 2, 2006 10:36 PM ∞

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Roger wrote:

Got a couple of Q's

Carl you mentioned in some postings up that the ICB have no control over the bids.

BUT you can have as many bids you like, but in the end, its the bank that is selling the Dinar on the auction.

SO, if the bank intentionally wants to hold back dinars, and sell less. Wouldn't the bank easily be in a position to do so?

Reason I'm asking if you have any more in on this, because if the bank is holding, that means the bank wants to keep its currency.

Only reason I can see would be if they know it's going up in value, they would be sitting on more valuable currency.

Also, I have been trying to e-mail ICB on their e-mail address but are getting bounces, anyone having more luck?

Another possible explanation except the camel explanation would be that it's just a fluke. Lets see what the auction do tomorrow.

-- July 3, 2006 12:20 AM ∞

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Lance wrote:

Good morning from Iraq,

Many long term readers may remember last July & August as being important dates on this Blog. The IMF posted it's first Article IV (Published 13 Aug 05 & completed 1 June 05)on Iraq since 1979. Article IV is the basis for monetary and fiscal policy compliance between a country and the rest of the world. Well it's that time again, with the IMF and World Bank working hand in hand with Iraq they have either completed their assesment, or it is still in progress. This is important for many reasons. First, the IMF & World Bank must agree that an RV is required-approved for the NID to be valued properly, otherwise it is not a true international currency. Second, would be the requirement for the currency to be Pegged/valuated against another currency or basket of commodities ($,EURO,Oil,etc..) and this requires the approval of the IMF/WB. Third, is the overall look at the economy of Iraq, which we all know has vastly improved despite the left press bleeds only news.

I mention the above because it tends to justify what the Finance Minister stated on the 30th. He can't just make wild proposals and statements without having the backing of both the WB and IMF. I do believe that the RV is part of the whole ongoing process with those 2 entities. For him to make that comment, and have no justification would incite painfull consequences for both him, the Finance Ministry and CBI. I truly believe that he is probably regreting those comments by letting the Cat-Out-Of-The-Bag ahead of time because he is in discussion with the 2 on this very issue, or they have already been completed. It would also be politically unsound for him to mention a figure (lop off 3 zeros) if this wasn't the case. Granted, he could have been "Just floating" the issue to see how it would turn out, but this could also be political suicide.

Why are we getting closer to a PEG/RV? All the above, plus the huge Debt Relief (Paris Club and others), booming economy, oil prices, and a new government that appears to be moving forward. And lastly, I believe that once the NID has some real worth, the insurgency will wither to a more manageable level. I have been saying for years that, if I was Ahmed sitting in my apartment in Baghdad watching my new Plasma Screen TV that I bought with Dinars that were worth something, and looked out the window and saw little Fisal from next door carrying an AK 47, I would probably call the Authorities because I didn't want a bullet through my new TV. Giving value to the NID will have nothing but positive effects for all Iraqi's, except the insurgents.

When will all this happen. Your guess is as good as mine and probably better. Today, tomorrow, or next year? At some point it will happen. But until then I'm enjoying the ride.

-- July 3, 2006 12:27 AM ∞

---

Lance wrote:

Good morning from Iraq,

Many long term readers may remember last July & August as being important dates on this Blog. The IMF posted it's first Article IV (Published 13 Aug 05 & completed 1 June 05)on Iraq since 1979. Article IV is the basis for monetary and fiscal policy compliance between a country and the rest of the world. Well it's that time again, with the IMF and World Bank working hand in hand with Iraq they have either completed their assesment, or it is still in progress. This is important for many reasons. First, the IMF & World Bank must agree that an RV is required-approved for the NID to be valued properly, otherwise it is not a true international currency. Second, would be the requirement for the currency to be Pegged/valuated against another currency or basket of commodities ($,EURO,Oil,etc..) and this requires the approval of the IMF/WB. Third, is the overall look at the economy of Iraq, which we all know has vastly improved despite the left press bleeds only news.

I mention the above because it tends to justify what the Finance Minister stated on the 30th. He can't just make wild proposals and statements without having the backing of both the WB and IMF. I do believe that the RV is part of the whole ongoing process with those 2 entities. For him to make that comment, and have no justification would incite painfull consequences for both him, the Finance Ministry and CBI. I truly believe that he is probably regreting those comments by letting the Cat-Out-Of-The-Bag ahead of time because he is in discussion with the 2 on this very issue, or they have already been completed. It would also be politically unsound for him to mention a figure (lop off 3 zeros) if this wasn't the case. Granted, he could have been "Just floating" the issue to see how it would turn out, but this could also be political suicide.

Why are we getting closer to a PEG/RV? All the above, plus the huge Debt Relief (Paris Club and others), booming economy, oil prices, and a new government that appears to be moving forward. And lastly, I believe that once the NID has some real worth, the insurgency will wither to a more manageable level. I have been saying for years that, if I was Ahmed sitting in my apartment in Baghdad watching my new Plasma Screen TV that I bought with Dinars that were worth something, and looked out the window and saw little Fisal from next door carrying an AK 47, I would probably call the Authorities because I didn't want a bullet through my new TV. Giving value to the NID will have nothing but positive effects for all Iraqi's, except the insurgents.

When will all this happen. Your guess is as good as mine and probably better. Today, tomorrow, or next year? At some point it will happen. But until then I'm enjoying the ride.

-- July 3, 2006 12:28 AM ∞

---

Sara Madgid wrote:

A significant reduction in the demand for the dollar by banks
Scored by Muhammad Ali
Wrote : nakr2004 on Sunday, July 02, 2006-1:33 PM UK
Baghdad - (Voices of Iraq)

The Central Bank stated that the demand for the dollar has declined substantially and unprecedented today, Sunday, against a background of declining number of banks participate in the auction on the dollar to 8 banks only and is the lowest number of shares in the auction during the current year.

The Central Bank published in the periodical today received news agency (Voices of Iraq), a copy of the Independent, , "The demand for the dollar by these banks record 15 million and 25 thousand dollars or less than half the volume of demand recorded in the previous meeting, amounted to more than $ 35 million."
http://www.google.com/translate?u=http%3A%2F%2Fwww.aswataliraq.info%2Findex.php&langpair=ar%7Cen&hl=en&ie=UTF8

-- July 3, 2006 1:54 AM ∞

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Rob wrote:

What does this mean for dinar owners in the USA?

-- July 3, 2006 2:50 AM ∞

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Lance wrote:

Could it be that with only a few Banks even bothering to show up, that they are aware of an imminent RV, and were just waiting to figure out what is going to happen. could the impact of the kidnaping of the Sunni Legislator have delayed an announcement as the entire Sunni block walked out. Or, Or, Or, keep guessing.

-- July 3, 2006 3:33 AM ∞

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Rob wrote:

Latest News, Nothing today either. I have a feeling something is up though......

for 07/03/2006

14 Banks

Total offered for buying-41.280.000

Amount sold at auction price-
41.280.000

anyone have input, theories, rumors lies, ANYTHING????????

-- July 3, 2006 4:04 AM ∞

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C1Jim wrote:

Here is the info from todays Auction.

Announcement No.(716)

D.G. of Foreign Exchange Control

The 716 daily currency auction was held in the Central Bank of Iraq Monday 2006/ 7/ 3so the results were as follows :

Details Notes
Number of banks 14 -----
Auction price selling dinar / US $ 1477 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 41.280.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 41.280.000 -----
Total offers for selling (US $) ----- -----

Cash amounts sold to the bank and its customers were USD(29.210.000)at a rate of(1477+1+6=1484)IQD\USD .
The amount sold to make transfers abroad was USD (12.070.000) at a rate of (1477)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

-- July 3, 2006 4:12 AM ∞

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C1Jim wrote:

Looks like a pretty good amount moved today.

-- July 3, 2006 4:15 AM ∞

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Bob wrote:

I understand that Hurricane Taxmama has moved up the coast; but still want to hear an explanation from her despite what we already know.

-- July 3, 2006 8:16 AM ∞

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Carl wrote:

Things the Iraqi Government is still having to overcome

Oil Corruption
The corruption has gotten to the point it is out of control according to the Oil Minister...
It seems everyone is on the take, from the refinery managers, field workers, and truckers...
It has become a loose network of insurgents,organized gangs,trucking unions, and corrupt officials who are bleeding $ millions daily from the Iraqi Government.
The smugglers of the oil can only make money if the oil is changed from crude to gasoline..
So the pipelines are left alone from the oil field to the refineries...the crude is then changed into gasoline...on the date and time the gasoline is to be sent down the pipeline to the refineries in the cities...they are blew up...when the workers show up...they are either kidnapped or killed...This forces the gasoline to be trucked, which was the purpose in the beginning...It is estimated over 30% of the Iraqi's gasoline is being smuggled daily back across the borders into Iran, Jordan, Syria, etc...

Unemployment
The unemployment rate is now at 60%. A large amount of the projects started have now closed down, due to the continued violence between the Sunni's and Shia Militia units...Note** the slow down is not from the insurgency...but induced by the likes of Al-Sadr the God Loves You Cleric...
The Sunni's walked out of the Governmental legislature the day before yesterday because of the kidnapping of one of their Sunni delegates...10 guess'es and the first 9 don't count on who it appears to be the blame for the kidnapping...Shia Milita King...Al-Sadr....
Why the new prime minister has not killed that sucker is beyond me..he is like a horse fly...always buzzing around distracting you from the task at hand...
Even the Iraqi first lady in a speech last week stated, they expect the unemployment rate to get even worse in the coming months. Especially in the southern and central parts of Iraq.

My thoughts
It is going to take time to get the economic situation back in stride...but that is the true weapon against the gang activity, insurgency and lawlessness in certain areas...bring in prosperity so everyone has a chance to support their families legally, and we will see the violence slowly die down to a manageable level...the key ingredient is time...

I have been trying to find a date when the Iraqi Finance Minister is suppose to meet with the world bank, and CBI Officers this month...this should give us a indication or time line of the RV if it is approved...I do not believe the RV will occur before the meeting...so we are probably 2-3 weeks away from the meeting...

Any thoughts on this...

-- July 3, 2006 8:34 AM ∞

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Rob wrote:

Thats actually the most realistic scenario ive read here all weekend, makes sense.

-- July 3, 2006 8:44 AM ∞

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Carl wrote:

Bob!
I don't believe you are going to see anything from TAX MAMMA..

Mistakes happen on the time...the board has made several attempts to get her to explain what information she recieved that induced her to make those type of post...then to qualify what changed from prediction to fact to falsehood...

Usually Silence is a indication I ain't telling you "JACK"...next will come the statement "I WANT A LAWYER" type of reaction during questioning...
I believe the "guilt or innocent of intentionally misleading" rest with each of you..

-- July 3, 2006 8:52 AM ∞

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Okie wrote:

Tax Mamma indicated in her postings that we would be taxed using the 60/40 rule for any gains on Dinar sales. In my opinion she's correct if your're a dealer but it wouldn't apply to the rest of us.

I always believed when we cashed in our Dinars for Dollars it would result in a capital gain or loss and we would be taxed accordingly. As indicated below, that's the way it will be unless you're a dealer. I'm not a tax expert nor a CPA and picked up the following from a friend of mine who had done some research on the subject.
Any forum members that are well versed in our tax situation are welcome to jump in with both feet.

IRS Ruling...Capital Gain on Exchange

Direct from IRS ruling...hope this settles it.
Code Secs. 1031, 1221

>

26 CFR 1.1031(a)-1: Property held for productive use in trade or business
or for investments.
(Also Section 1221; 1.1221-1.)

Foreign currency reconverted into U.S. dollars. The reconversion of a
foreign country's currency into U.S. dollars after a visit to that country
by a U.S. citizen, not a dealer in foreign currency or engaged in a trade
or business in that country, is not a like kind exchange under section
1031(a) of the Code. The foreign currency is a capital asset and any gain
or loss realized on the reconversion is a capital gain or loss. I.T. 3810
superseded.

REV. RUL. 74-7 >

The purpose of this Revenue Ruling is to update and restate, under the
current statute and regulations, the position set forth in I.T. 3810,
1946-2 C.B. 55.

The question presented is whether, after the conversion of United
States dollars into foreign currency by a United States citizen traveling
in the foreign country, the reconversion of the foreign currency into
dollars may be treated as an exchange of property held for productive use
in trade or business or for investment for property of a like kind to be
held for productive use in trade or business or for investment, under
section 1031 of the Internal Revenue Code of 1954. If not, the further
question presented is whether the gain or loss realized on such a
transaction by a taxpayer, who is not a dealer in foreign currency,
constitutes capital gain or loss under section 1221 of the Code.

The taxpayer, a United States citizen, while traveling in a foreign
country deposited United States dollars in a bank in that country. At his
request, the bank converted these dollars to that country's currency for
the taxpayer's personal use. The taxpayer was not a dealer in foreign
currency and was not engaged in trade or business in the foreign country.
During his travels there were no transactions in the foreign bank account.
At the conclusion of his stay, the taxpayer requested the bank to
reconvert the foreign currency to dollars and close his account. The value
of the foreign currency, measured in terms of dollars, differed at the
time the account was closed from the value when the account was opened.

Section 1031(a) of the Code provides, in part, that no gain or loss
shall be recognized if property held for productive use in trade or
business or for investment is exchanged solely for property of a like kind
to be held either for productive use in trade or business or for
investment.

In the instant case, the foreign currency does not constitute property
held for productive use in trade or business or for investment, and
therefore the reconversion is not a like kind exchange under section
1031(a) of the Code.

Section 1221 of the Code provides, in part, that the term "capital
asset" means property held by the taxpayer, but does not include certain
specified property. Section 1.1221-1(a) of the Income Tax Regulations
provides, in part, that the term "capital assets" includes all classes of
property not specifically excluded by section 1221.

In the instant case, the foreign currency is not excluded from the
definition of capital assets contained in section 1221 of the Code.

Accordingly, the foreign currency is a capital asset and any gain or
loss realized on the reconversion by the taxpayer is a capital gain or
capital loss.
I.T. 3810 is hereby superseded, since the position stated therein is
restated under the current law in this Revenue Ruling.

>

1/ Prepared pursuant to Rev. Proc. 67-6, 1967-1 C.B. 576.

>

-- July 3, 2006 8:56 AM ∞

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Carl wrote:

Okie!
Good research!!

TAX MAMMA must have been quoting about her profession...after she posted and I am sure she probably thought ...fraudian slip..OOPS!

-- July 3, 2006 9:04 AM ∞

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the unknown wrote:

more to check out
http://edinarfinancial.net/news/?ny=2006

-- July 3, 2006 9:04 AM ∞

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the unknown wrote:

2 different currency converters check it out shit doesn't match. whats up?
http://markets.usatoday.com/custom/usatoday-com/html-investor-currency.asp?more=1
http://www.oanda.com/convert/classic

-- July 3, 2006 9:25 AM ∞

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Rob N. wrote:

All:

I have been reading the frenzy caused by TAXMAMMA. Based upon her information I was tempted to throw caution to the wind and purchase more.......Dinars. I with held and did not purchase those additional Dinars.

To buy or not to buy is now the question that perplexes those of us who have invested in the Dinar. Unsubstantiated information must not insite us to act contrary to how we normally would.

I am still going to purchase additional DINARS, but in my time and not based upon an attempt to insite Dinar maina. I will not buy in an attempt to perfectly time the RV.

At whatever time the CBI, World Bank, and the IMF can agree on an RV the amount of DINAR I have at that time will be what I have and I will be content.

Finally, re-evaluating the 25,000 Dinar note to the $25.00 U.S. really does not make sense to me. In my limited knowledge, it seems this would ultimately stagger Iraqi growth. The U.S. companies looking to invest in Iraq are looking for a big return. Equating the 25,000 Dinar note to $25.00 usd would quell these potential profits and limit the performance this currency against the Euro and the Yuan.

A one (DINAR) for one (USD) evaluation is a better strategy to help the overall growth of the Iraqi economy. In the end, I think the World Bank and the IMF will agree with the one for one evaluation.

Thanks,

Rob N.

-- July 3, 2006 10:59 AM ∞

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MARK wrote:

THANX OKIE, Good Info on the TAX Obligation, are Capital Gains taxed at %15 or 25%?? Any info would be great, I know you said you have limited knowledge about taxes, however, I'm lost in this area. Any thoughts about "Unknown" posting in regards to possesing DINARS outside IRAQ, if it's illegal (IRAQI LAW) to export them, do you think there could be a problem with exchanging them in the future??? Thanx Again for the TAX info

-- July 3, 2006 12:53 PM ∞

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Carl wrote:

Mark:
It was not illegal to buy dinar, and take as much as you wanted outside the country. The law only passed about a 1 to 1.5 year ago. The Iraqi Government saw so many dinar going across the border..in an effort to curb the flow they put a limit on the currency leaving the country...you can still carry Dinar outside of Iraq, just on a limited amount...
When the currency goes on the world market, you will be able to go to any bank that does currency exchanges and convert to whatever currency you want it to be converted to...

I would suggest you look at all of the major currency for conversion, not just the US Dollar..
The US dollar is not doing to well against EU and UK currencies at this time..

-- July 3, 2006 1:02 PM ∞

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MARK wrote:

Thanx CARL, What do you know about "Captail Gains" tax rates???

-- July 3, 2006 1:07 PM ∞

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MARK wrote:

I know it sounds like I'm counting my eggs before they hatch, but it would be nice to have the info and jump on it with half my stock, when it pegs, it will probably be a rocky start with everyone unloading what they have.

-- July 3, 2006 1:39 PM ∞

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Carl wrote:

Mark:
That depends on each individuals tax bracket..
Personally, I would look at a wealth trust or if you wanted to keep it simple form a LLC.All capital gains funds would be placed in the financial vehicle which would give me the best tax break...I can tell you I do not intend to recieve the capital gains myself...that is tax foolishness..
Financial laws exist that do not allow you to escape taxes, they do allow you to move within the system to lower your tax debt...
I highly suggest everyone who profits from dinar valuation invest in a book or material on asset protection..

-- July 3, 2006 2:10 PM ∞

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MARK wrote:

Thanx CARL

-- July 3, 2006 3:10 PM ∞

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Roger wrote:

I must say the Dinar game is pretty exciting. I have a lot of attention on this stuff nowdays, (who doesnt), and want to se explanations on any and all move.

Two pretty big things have stirred things up, 1. Taxmama, and 2.one low selling day of 15 mill in auction.

One doesn't necessarily have to do with another, but when the Iraq financeminister is getting up on the podium, and keep blabbing truths, falsehoods, or he just doesnt have a clue what he is talking about, that adds to the mix.

So we have three things now.

Then we have three similar in subject, but not exactly the same datas, all related but any of these three are not the same.

So now were sitting here with a statement like:
If a zebra, dog and giraffe all have two ears, one nose, two eyes, and a tail.

Does that mean that a zebra , a dog and a giraffe must be the same?

My reflection here is how the guys in the intelligence community are trying to decode , deschiffer or make sense out of their information.

They must have a heck of a harder job than you and I, trying to "decode" or put the finger on whats REALLY going on.

Probably the best indication we can have, is to use the intelligence communities term, WE CAN DETECT INCREASED CHATTER.

That means something, so as they say in the big house, something is going down.

-- July 3, 2006 4:37 PM ∞

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Sara Madgid wrote:

Wondering about WHO keeps putting a monkey wrench in the plans to RV? Hmmm.. might this be an indication?? Maybe there is a loyalty problem?

===

Authorities find telephone numbers of senior Iraqi officials in al-Zarqawi's cell phone
Mon Jul 3, 7:32 AM ET

ROME - Al-Qaida leaders sold out Abu Musab al-Zarqawi to the United States in exchange for a promise to let up in the search for Osama bin Laden, the slain militant's wife claimed in an interview with an Italian newspaper.

On Monday, an Iraqi legislator said authorities found telephone numbers of senior officials in al-Zarqawi's cell phone after his death. Waiel Abdul-Latif, a member of former Prime Minister Ayad Allawi's party, did not give names of the officials. But he said they included ministry employees and members of parliament.

He called for an investigation, saying Iraqis "cannot have one hand with the government and another with the terrorists."

http://news.yahoo.com/s/ap/20060703/ap_on_re_eu/iraq_al_zarqawi

-- July 3, 2006 4:42 PM ∞

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Notty wrote:

Hi all,

Been reading this forum for quite sometime now and have just recently joined the dinar train. I am from the England in the UK and I have no experience in this field. Just wondering if any of you guys out their have thought about depositing your dinars in an Al Warka Bank (if this is at all possible) and if so how would one go about it. Just thinking along the line that if say the CBI did introduce a lower denomination then surely our investment would be safe.
Any ideas greatly appreaciated.

-- July 3, 2006 8:45 PM ∞

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Okie wrote:

Hi Notty.....

Welcome to the forum...just jump in and start sharing your thoughts...

I have an an account at Al Warka Bank and I've had good luck with them....they're slow but accurate. It's been awhile since I opened the account so it might be better if you contacted them for up-to-date info. regarding account opening.
Go to the link below and see info. under "contact us". Good luck.

http://www.warka-bank.com/index.htm

-- July 3, 2006 9:35 PM ∞

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Sara Madgid wrote:

Maliki says it’s a “regular occurrence” to see Iraqis die at the hands of Americans who “crush them with their vehicles and kill them just on suspicion.”??

The Rule of Order 17
Web-Exclusive Commentary
By Christopher Dickey
Newsweek
Updated: 4:54 p.m. MT June 29, 2006

June 29, 2006 - Maliki said earlier this month that it’s a “regular occurrence” to see Iraqis die at the hands of Americans who “crush them with their vehicles and kill them just on suspicion.” And it’s no wonder he wanted to launch a separate police investigation into the alleged killings at the town of Haditha. But no Iraqi inquiry would have the power to subpoena, much less to put on trial or convict any American found guilty. (And execution? Well, that’s for Americans to do to themselves and others, not for Iraqis to do to us.)

http://www.msnbc.msn.com/id/13621382/site/newsweek/

I was wondering what you thought of this sentence taken from this article: "Maliki said earlier this month that it’s a “regular occurrence” to see Iraqis die at the hands of Americans who “crush them with their vehicles and kill them just on suspicion.” ???

We all know the MSM is trying to project the American troops (and the "rest that came in with Bremer" - which includes the regular Americans in Iraq, too) as bloodthirsty killers just wanting a license to kill, kill, kill.. that was hardly new to read, but, did you know MALIKI thinks that way?

What do you think of that?

Sara.

-- July 3, 2006 9:47 PM ∞

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Carl wrote:

Sara:
Its Maliki's way of showing to the Iraqi people, he doesn't care who you are, Sunni, Shia, British or American...if you break the law, or abuse your authority, he is going to go after you. Its his way of showing that he is not a puppet of the coalition...that this is the Government of Iraq...where laws and security of their people will be respected...and enforced..

I would have said the same thing...if those events are true...and sadly I believe some are..

-- July 3, 2006 10:19 PM ∞

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Outlaw wrote:

OKIE,

I just read your last post and it raised a question that myself and co-workers struggled with while we were in Iraq...

In regards to Al Warka Bank... Have you ever tried to withdraw any money out of your account? I know that the Iraqi's have signs posted at the Baghdad International Airport telling passangers that it was aginst the law to take more than 10,000 IQD out of country.

It would be a true bitch to be a millionair and not be able to touch the money. It would also be more of a bitch knowing you made someone who hates Americans, a millionair. Remember there is no such thing as FDIC in Iraq. The whole thing sounded very risky to us and I never ran across anyone who had enough trust in an Iraqi to do such a thing, until now. In a case like this, the old saying comes to mind... "a bird in the hand, is worth two in the bush!" I can go to my Safe Deposit Box and play with my money!

After being in Iraq for almost two years... I can honestly say that I would NEVER trust an Iraqi with my life or my money!

Here's wishing you the best, Bud... If something bad happens with your IQD... still show up at the Pig Roast and I'll buy you a beer over a good laugh!

Outlaw

-- July 3, 2006 10:24 PM ∞

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Carl wrote:

For Generations...
Some of the Wealthiest families used the WEALTH TRUST as a unique vehicle to provide security of their achieve wealth over the years...You and I can do the same things...well it may sound difficult...it really is not...however, I do recommend that a tax attorney and estate planner be involved in certain parts of the trust for accuracy sake..A Wealth Trust should be a reflection of your goals and plans.
This type of Trust is a strong tool for asset protection.While this trust will not allow you to cheat existing creditors, it does allow you to transfer assets out of the range of future creditors,claimants, divorcing spouses,inlaws, and etc; It is a real effective tool at estate protection.
This type of Trust is considered a intervivos trust...meaning created while you are alive and not at your death..It can be structured as a dynasty type trust..meaning not only covering you during your life time, but also your children, grandchildren,great grandchildren and so on..
They can last up to 1000 years if desired or when the last of your kin dies out...

You can also use it as a growth trust where it can be invested to accumulate more wealth..Income in this type of trust is taxed lower than individual rates..It can serve as an emergency retirement plan...it can be used to cover unforeseen events, it can be structured to serve as your landlord where it can own one or more real estate properties for use by the beneficiaries at little or no cost...(therefore not calculated as income)

It can be used to lend funds to the beneficaries for certain purposes like starting a business..The trust can be set up as a protector of the beneficiaries from their own weaknesses..it totally avoids probate...extends total privicy...protects you or beneficiaries during mental or physical incapacity..

There two types of category trust...Irrevocable and revocable...each carry with it certain guidelines...The one that carries the most power is the Irrevocable...but is also one that has to put together with detail forethought..

More to follow...

-- July 3, 2006 10:43 PM ∞

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Outlaw wrote:

Oh, OKIE...

Not to mention you had to give the Bank all of your personal Information... Which raises all kinds of security questions that I'm sure a rational person wouldn't even want to talk about... Be Safe my Friend!

Outlaw

-- July 3, 2006 10:49 PM ∞

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Okie wrote:

Outlaw....

I lived and worked in Saudi Arabia for over twenty years and never had any problems with bank accounts in the Middle East. While in Iraq I opened the account with Al Warka just to have some money "in-country" as a hedge against being able to cash out in the US. I think I went overboard (paranoid) in scattering my stash around because now I have a savings and ISX account with Al Warka, cash with my daughter in another country and cash with me in Houston. I'm keeping my fingers crossed about the account with Al Warka but so far they've been honest in all their dealings with me.
Com'on Dinar!!!!

-- July 3, 2006 11:41 PM ∞

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Outlaw wrote:

OKIE,

Well it sounds like you have it all worked out. Good Luck.

This Blog is comprised of a combination of experienced and un-experienced prospective buyers. The un-experienced are asking questions in hopes of getting accurate information, inorder to assist them in making a sound investment with their hard earned money. With that being said...

I just want to put things in perspective for anyone who is interested in depositing their any money in a Bank in Iraq. The Statement of Deposit that you will be getting is nothing more than an I.O.U. from a bank in a country that we just bombed the crap out of, invaded, and are still occupying. Just in case anyone forgot...We are at war and this war is being conducted inside Iraq against Arabs! This would be the same as us invading Germany during WWII and you opening an account at a German Bank during our occupation before the war was over! I hope that fact is clear and everyone understands its meaning.

Of course any bank is going to take your money and give you a piece of paper in exchange... who wouldn't??? These people have many, many years of experience being a player and they are good at it. Corruption, theft and deceit is a common practice in this culture. Trust me, you will not see any guilt or second thoughts about them taking money from anyone foolish enough to give it to them. I'm sure all of us know someone who fits this description. Imagine a Country full of them! I'm sure their are honest people here in Iraq, but how can we tell them apart from the corrupt? Look at what was just uncovered about possible links with high ranking Government Officials and the Insurgents!

We are the occupying infidels... What Arab court would assist an American in getting their money back from an Arab Bank? I know that when Hussine was in charge, the government had to give approval for large sums of money to leave the country. I would assume it will be the same now, as this is a common practice as seen in Thailand and most Countries.

Iraq is not secure. The last time I spoke to Al Warka, the wanted to know everything about you including a photocopy of your drivers license and Passport. As I previously mentioned... we are at war inside Iraq. Giving information which could lead cells to you or your family isn't very smart. Can anyone honestly tell you that this information will be kept secure? Here at home we are having information stolen all the time so to assume that Al Warka Bank can keep that information safe is foolish. If that information gets to the wrong people... it could cost you or your loved ones their lives. These people that we are fighting are animals.

I would suggest that if anyone has a burning desire to send money to a Bank in The Middle East, I would look at one in the UAE, Kuwait, or wait until CitiCorp opens their Baghdad branch, which shouldn't be too much longer.

Outlaw

-- July 4, 2006 2:13 AM ∞

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Sara Madgid wrote:

Thanks, Carl...

You are right.. it may have been Maliki saying just that.. if you violate any law, you will be punished.

A friend pointed out as well that the article is written by a very far left viewpoint.. and they may have misquoted Maliki or twisted his intent to fit the article. As proof, the rest of the article almost seems to say that the US troops and contractors are just looking for an excuse to cause murder and mayhem.

So it could be "tough" words from Mr. Maliki about his intent to use his legitimate governmental enforcement of power.. or it could be a misquote. However, neither of these are cause for concern about Maliki's government.

Thanks for your insight. :)

Sara.

-- July 4, 2006 2:23 AM ∞

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Sara Madgid wrote:

THANK YOU, OUTLAW!!!!

That was the most SANE piece of writing about Warka.. or any other Iraqi bank, that I have EVER seen.

It is a perspective that has been missing from the discussion because it is so obvious.

THANK YOU for the insight and correct thinking concerning how much risk those who do this are taking.

My best to them.. I hope it works out for them...

But for those who are considering moving into that investment, I do not personally believe it is safe or wise, either. (For this and other reasons as well..)

Sara.

-- July 4, 2006 2:31 AM ∞

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Roger wrote:

A friend of mine had an idea to start business in Russia just after the fall of the Soviets.

Very few business, commerce and Bank laws was in place. (still they have'nt got the hang of it)

New banks was popping up, but almost all banks was a scam, a lot of russians themselves got taken, including my friend. He lost ALL his investments. One day it just came a statement that the bank had gone into bankruptcy, and that was that.

It's an idea that banks trust in you and you trust in the banks.

You have a Visa or Debit card where it states you have been a customer since 1988, or something, and that seems like a certified evidence of trust.

You write a check, and with your signature you approve the check, you have been trusted by the bank to essentially write your own money.

So its easy to get an idea that you are a known and trusted member of this bank, that in the banks board meetings, your name will surface and the boardmembers are nodding in respect when your name comes up.

Bull.

A bank is as loyal as an alley cat in heat. You screw up and they get you.

You may be known by name in your local bank by the clerk behind the counter, other than that you're a number.

The check you wrote, with your signature on it, dont think a person is veryfying this check sitting with a big magnifying glass, comparing signatures.

They dont even look at your signature, the checks are scanned with the checknumbers, and it goes quick, one stash goes brrrrrr.

You can write anything, Abraham Lincoln, Donald Duck, it doesnt matter, it will clear. Try it some day on a small check that doesnt matter.

A bank is there to make money.

Be late and you get foreclosure, no matter how much you cry.

Thats how far the loyalty goes.

From my friends Russian experience, and the comments stated in earlier posts, I rather have my Dinars in a bag, and use it as a pillow.

When it comes to Carls posting about Trustfunds, you're definitively onto something.

I'm not completely clear myself how my ideal set up would be, I have looked into corporations in the past, and that was a very good one for being protected if sued against, but for cashing in on Dinars, I must say, I need my time with the pros, when it comes to that.

One thing for sure though, you're absolutely right, there has to be a legal body Corporation, Trust, or similar legal entity that must be the owner of the wealth, and not me in person.

Question for you all, I tried to e-mail ICB but got bounced, anyone else with better luck?

-- July 4, 2006 4:06 AM ∞

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Outlaw wrote:

Roger...

Just wondering... Why are you trying to contact the CBI? Do you think they are going to possibly let you in on something big?

I am a firm believer that If the Iraqi's start looking real close at the number of persons buying Dinar as an investment that they might change their strategy to try to screw us. I think to be seen and not heard will work better for us... Do you agree?

Outlaw

-- July 4, 2006 5:40 AM ∞

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Carl wrote:

Outlaw!
I agree with your thoughts on the Iraqi Banks...I am a hands on type of guy myself...

-- July 4, 2006 5:50 AM ∞

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Carl wrote:

ARAB DEMOCRACY

Recently I read an article about democracy in the middle east...the article was quite long so I will paraphrase a lot of it...

The UN Report (Brev: for Unilaterially Nitwits)..in the Arab Human Development Report...It defines democracy as it should be set up in the Middle East Countries..."An institution which fully represent the people, governed by a set of institutional policies and regulations fair to all, and governing power given to the people.Each protection to carry with it freedom of speech,religion,press and basic human rights.

In this review of 17 Arab Nations there were several categories given and points for each category....which would add up to 100 points for the highest country achieving what here in America we call democracy or meeting the definition of the UN.

Morrocco scored the highest at 61%...the lowest at 14% was Saudi Arabia and Iraq...

In 1999 Kuwait gave full political rights to women...the national assembly of Kuwait, since that time has prevented any female from voting...

The report goes on to state the following...despite most of the Arab Countries allowing some type of voting to appease the democracy cry... they are still mainly authoritarian, steep in pious dogmatic religion,overflowing with patriarchal views,idealogical and fundalmentalistic extreme views, with narrow views and support for select groups or ethnic groups.

These views have a very detrimental affect on the process of democracy as setforth by the UN definition of democracy.

In the United Arab Emirates, their citizens prefer consultation and not confrontation on democracy issues...they do not find violations of basic human rights all that important...and prefer they changes to be gradual with all decrees issued by their ruler...

Qatar for example while it states it has a new constitution for the people, free press, and a governing council,...the emir is still unelected, unaccountable in all expenses to the people,and has no opposition to any decree issued...if there is any...well! we can read the end of that chapter can't we..

I could go on and name the rest, but the results are the same...all authorative in nature, with a statement of giving democracy to the people to vent, but never allowing real power to endanger their own position of power...

According to the report...the main cause of dislike and mistrust of the Western World is not our lifestyle ...but our willingness to give more power to the people that the Arab World Leaders thinks should be given...Thus a lot of the anger is actually stirred up by our so called friends in the middle east to slow down the march of democracy as the west sees it..

When President Bush stated, we are going to send democracy throughout the middle east...the middle eastern leaders saw him and the USA as a threat to their own well being and acted accordingly..He had just threaten the regions way of life that has existed since the beginning of time...If he had indicated that this was about Iraq and Iraq alone...it is believed by all analyst that the foreign insurgency would not have been as large as it has been.

Now do you understand why insurgents from Syria, Eqypt,Saudi Arabia, United Arab Emirites,Jordan,Qatar, Africa, etc are pouring into Iraq...A lot of these insurgents are supported by the very leaders where we have bases...To these authoratarian leaders, especially Iran....if democracy as we the WEST sees it, succeeds in Iraq, then the power structures of the middle east countries as they now exist are in peril...They have realized this and are not going to lay down for it to happen without a fight...

-- July 4, 2006 7:07 AM ∞

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Carl wrote:

To All:
Today in the USA we have our independence because of our forefathers dreams and accomplishments....Today hundreds of years later...history still finds their kinship still at the forefront fighting to maintain that independence so fiercely fought for......
Without this first line of defense consisting of the men and women of all free nations working in unison for one magnificent goal...I shutter to think of our future...
To Bill 1...I am proud of your children and for the service they are rendering to all the people of the free world...Today July 4th, 2006 is a day honoring all ethnic groups who fought so hard to fly and keep the RED-WHITE&BLUE soaring in the wind...

May we always honor that flag and what it stands for....even during the times when we as a people do not always achieve in reality the high ideas that it stands for...

May everyone on this board have a safe holiday and come back tomorrow renewed and revigorated for more dinar adventure..

-- July 4, 2006 12:27 PM ∞

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Okie wrote:

Several of you have expressed your thoughts on opening an account with Al Warka Bank in Baghdad. I hereby declare, after considering all risks, that I feel very comfortable with my account at Al Warka. This is because I have full rights to “Life, Liberty and the pursuit of happiness”. But just a minute……everybody else has the same rights, so I guess that’s why they call it “FREEDOM”.

Seriously folks, today we need to take some time out of our activities to thank God that many people paid the ultimate price for our freedom. I firmly believe that as our Military comes home and assumes leadership roles in our country, we will indeed continue towards an even brighter future.

I found the following article yesterday on the net and didn’t retain the source…..but it’s good!

Thoughts on the 4th of July

In the USA, the traditional parades, speeches and fireworks each July 4th commemorate the signing of the Declaration of Independence on that glorious day in 1776. Drafted by a committee headed by Thomas Jefferson, the Declaration has proven to be one of the most memorable freedom documents of all time, proclaiming as it does, every human being's right to "life, liberty and the pursuit of happiness."
As Thomas Jefferson lay dying at his hilltop estate, Monticello, in late June 1826, he wrote a letter telling the citizens of the city of Washington, DC that he was too ill to join them for the 50th anniversary celebrations of the Declaration of Independence. Seeking to inspire the gathering, he told them of his belief that one day the experiment he and the Founders started would spread worldwide. "To some parts sooner, to others later, but finally to all," he wrote, the American form of republican self-government would become every nation's birthright.
Democracy's worldwide triumph was assured, he said, because "the unbounded exercise of reason and freedom of opinion would soon convince all men that they were born not to be ruled -- but to rule themselves in freedom."

-- July 4, 2006 12:54 PM ∞

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Roger wrote:

Outlaw,

I firmly believe we as a group on this blog, plus other personal investors have a very very small ammount of Dinars compared with other banks, and finance institutions, and in the whole scenario, we're the fly on the wall.

Yes ofcourse I'm trying to get information, and any and all they can offer , I take it.

I keep getting bounces though when attempting.

I dont see any point in "stay low, dont make waves, and maybe they wont notice us". We have nothing to hide, instead we have invested straight into Iraq with our money, and with that comes some degree of accountability.

Banks have loyalty as far as their money goes and thats about it, and there is no difference if the name is Bank of America or Iraq Central Bank.

I have had this nagging feeling ever since the Iraq finance minister stood up saying, he wants to peg the Dollar and Dinar and shave off three zeroes from the Dinar.

What bothers me is, it make sense, I hate it, but it does make sense.

It would be the biggest ripoff they could pull off, but as the world of money goes, its a cold world.

I actually wouldnt be supprised if they did it.

We can talk ourselves happy all day long with reasons why they wouldnt do it. Distrust, ripoff, losing face, pull the rug, anything.

Still, this has been done on the past, and there is no reason it couldnt happen now.

I want to tell them it's a bad idea doing it. In their internal debate, it might be the straw that broke the cames back. I doubt that scenario will play out, but sitting in total effect and just wait and see is not in my genes.

I just find it amazing an institution like ICB is impossible to communicate with, now, It might be my computer set up, my server, my WiFi connection or something.

Anyone with better luck?

Next weekend I will meet with a Dinardealer, I'll try to get as much as I can get from him and pass it on.

R

-- July 4, 2006 12:56 PM ∞

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Okie wrote:

Maliki is getting a lot of heat on this subject (no amnesty for killers of US troops) but so far he's holding to his belief......

Iraqi Shiite leaders differ on scope of amnesty plan

--------------------------------------------------------------------------------

04 July 2006 (The Daily Star)

Abdel-Aziz al-Hakim, the head of Parliament's largest bloc, told AFP that he favored extending an amnesty to insurgents who may have killed US troops - an idea strongly opposed by Maliki.

http://www.iraqupdates.com/p_articles.php?refid=DH-S-04-07-2006&article=9091

-- July 4, 2006 2:02 PM ∞

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Outlaw wrote:

Roger...

There is something that you seemed to have forgotten...

"It is against Iraqi Law for us to have this Dinar! DO YOU UNDERSTAND THAT??? I have been sitting in a seat on the Dinar Train for two years now and have invested almost $17,000.00 into this venture. You have no idea just how much Dinar we as a whole have. I do know one thing for sure sometimes little things can turn into big things real quick!

I am very concerned about someone contacting the CBI simply because of the fact that I as an investor, will not have any input into what you say to them... and Sir, depending on what you say, might have a serious affect on my investment... Who Knows? A very strong indicator to me is the fact that you don't even know the correct name of the Institution your trying to contact. They are the Central Bank of Iraq, not the Iraqi Central Bank! That scares me!

I guess next you will want to contact the IRS for Tax Information and in passing your going to advise them that there are millions of perspective investors here in the U.S. right? I know that sounds childish and I hate to say something like that in my response... but to me, it's on the same lines as you contacting the CBI.

I know that I am going extreamly sideways towards you on this subject, but Sir, I do have my reasons. I see that you have no understanding about the Arab Culture. These people do not want Infidels to profit from their loss...Especially the ones "Murdering" their people. Do you understand that logic? You Sir, "IF" everything goes right, will be profiting from the loss of "hundreds of thousands" of lives. You may not care about that fact but trust me Roger... There ARE people in Iraq that do care, and will do everything in their power to stop it, if possible.

Did you know that in the beginning there were no "Dinar Dealers" here in the U.S.? All Dinar could only be bought in Iraq and "smuggled out". Many, many deaths in Iraq have been a direct result of the Dinar trade... Workers who were paid by "us" Americans, to go to the bank outside the wire to get this money for "us". Hundreds were "killed" by insurgents for doing so.

I and my friends, who were in Iraq feel that any profit that we may get from this investment is considered "partial" payment for the things that we had to indure while in Iraq. Did you go to Iraq? I think not... Some of us feel we have a much higher stake into this than others do. I respect that fact and know that if this whole thing goes sideways because of something done stupid... those people lost their lives for nothing and that will bother me!

I Sir am simply asking you to please re-think doing anything that "may" or "may not" affect "OUR" investment!

Respectfully,
Outlaw

-- July 4, 2006 2:33 PM ∞

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Roger wrote:

Outlaw,

That was a panic thing, slow down my friend, no need for this at all.

Need to roll, be back later Outlaw, just enjoy life and dont let Dinars rule you.

Because of time pressure I cant get back to this now. The real life is in front of me right now.

-- July 4, 2006 3:04 PM ∞

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the unknown wrote:

Get off your soapbox. Have any of you heard of offshore banking. The big bad bully is going to ruin everything. Do a little bit of research and make an intelligent decision

-- July 4, 2006 3:06 PM ∞

---

Sara Madgid wrote:

Okie and Carl.. great thoughts on this July 4th.. thanks for them!
The quote by Jefferson was very good. I didn't know he said that, it made me think. :)

Roger and Outlaw.. I thought this interesting and I hope somewhat relevant. I have permission from the original poster (also named Roger.. RogerL) to repost his informative post here. It said, quote:

At the beginning, people inside of Iraq may be able to exchange dinars for dollars, but restrictions prevent much of that money from leaving Iraq.

For the rest of us in America or the UK, etc., we will all eventually go to banks to convert our dinars to our local currencies. Before we can do that, though, those banks will have to buy large quantities of dinar for their own inventory because they will want to participate in both directions. Banks make money on the buy/sell spread or a commission when it comes to the individuals (I'm not including the arbitrage departments). Those dinar investments by professionals and institutions will swamp anything we little investors will cash in, both on the buying and selling end.

While we will deal with millions of dinars, the institutions will be buying and selling billions of dinars. For every little guy selling 1 million dinar for his personal fortune, you'll have a Bank of America picking up 10 billion at the current exchange rate.

Now I don't know if the numbers actually do support a fractional banking system here since none of us know all the real numbers the IMF is looking at, but it is a fallacy to believe that all trading will be in one direction or to believe that a few thousand individual investors will matter in a field with large institutions.

====end of quote===

Thoughtfully,

Sara.

-- July 4, 2006 3:18 PM ∞

---

Outlaw wrote:

Sara...

I thank you for you thoughts, which might be true but the bigger picture not only includes the prospective buyers in the United States but also the entire world! That figure might make it worth screwing us... "Nothin' Personal... Strickly Business!"

Done with this topic... Out!

-- July 4, 2006 5:03 PM ∞

---

Sara Madgid wrote:

Outlaw;

You are right.. in the Big picture it may not matter.. but in the small, it may.

I agree with you and do not think it wise to contact the CBI about what is going on with the Dinar, even as you said.

Sara.

-- July 4, 2006 5:42 PM ∞

---

Okie wrote:

This is interesting because I talked to a friend of mine that's working on some Projects in Kurdistan. He said it was really quiet and safe when compared to the Green Zone where he was before. A lot of business coming into this area.

Foreign Investors See Northern Iraq as Gateway to Rest of Country

7/1/2006 VOA - By Margaret Besheer

"Tayyar of the Businessmen's Union says this is what many companies are doing. He says Kurdistan is uniquely positioned to be a gateway to the rest of Iraq.

The Kurdish regional government also shares this view, and has been working to revise its foreign investment law to attract international investors to the north.

Douglas Layton, the director of the Kurdistan Development Corporation, a joint public-private company, says the new investment law will have many incentives for foreigners.

"For example, foreigners will be able to own 100 percent of a local company, whereas in the past it was 49 percent, and it had to be majority controlled by Iraqis," he said.

Foreign investors will also be able to own property; they will receive an automatic five-year tax holiday that can be extended to 10 years, and they will be exempt during that time from import duties, income taxes and taxes on repatriated profits."

http://www.kurdmedia.com/news.asp?id=12749

-- July 4, 2006 7:38 PM ∞

---

Roger wrote:

Ok have a little time while fueling. whata we got.

Sara, good info, thanks.

Outlaw, ok where did we left off.

Dont call, dont ruin it for everybody....hm.

First and for all, outlaw,
Dont run me.
Dont tell me what to do or not to do.
On this God given earth I communicate with anyone I please at my leisure, if I see so fit. Live with that.

I run my car, you run your car, but dont sit in your car honking try to run my car.

I can take your advice, but I wont go for you orders.

"Blowing it" ????

It assumes criminal intent.

It's so hillarious its laughable, one guy have trouble with bounces to CBI, and Outlaw comes out EXPLODING telling me not to "blow" it.

Is it something I'm missing here????

Is this statement a true statement?
-"THIS BLOG IS A GANG OF CRIMINALS, WE HAVE SECRETS, WHAT WE DO IS NOT KNOWN TO THE OUTER WORLD, WE DO CRIMINAL THINGS, AND DONT BLOW IT FOR US"

Outlaw, if your possesion of your Dinars will, in your mind, put you in that category, then its in your mind only.

You can't own a gun in Europe, but you can own a gun here made in Europe. Suppose you call the manufacturer in Europe to discuss how to put a scope on it, and the gun lobby here starts screaming, "dont blow it"

This is just dumb.

If you want information you go to the source, or if impossible, as close to the source as possible.

If possesion of Dinars include being scared for others knowledge, effort to hide facts and effort to hide possesion of it, it assumes criminal intent with the possesion itself.

Is our possesion of Dinars in the way and form we have it right now,an unknown for Iraqi and US autorities and that fact have to be hidden for any and all.

Pure paranoya.

Perhaps thinking , being on the fringe of the law is attractive to you, your handle name certainly suggest so.

I dont care if you been on this blog for 2 or 200 years, thats not a licence to anything.

Imagine a banks central office, floors and floors of people, people walking around with papers, people going in and out, endless buzz of officemachines, screens of computers, faxes spitting out papers all day long.

Along comes a guy getting bounces and wants some help.

And here's Outlaw, getting a fit, screaming and waiving his arm, how dangerously it would be to his investment if I talk to someone over there.

Thee is only one problem here, you have problem with the possesion of your Dinars.

If anything that I say or do, can be a threat to your dinars, you have a problem with your Dinars.

No more no less, look in that area of your life for a solution, if you cant make peace with yourself or God on the Dinars, then get rid of them and go back to be a happy man.

-- July 4, 2006 8:12 PM ∞

---

Okie wrote:

If they want the big boys to come in they better get their Investment Laws in place.....very soon!!!!

Iraq to open deals for Big Oil
Oil minister says multinational firms will be invited to develop country's oilfields.
July 4 2006: 2:04 PM EDT

KUWAIT (Reuters) -- Iraq plans to invite international oil companies to help develop its giant oilfields before the end of this year, Oil Minister Hussain al-Shahristani told Reuters on Tuesday.

"These are major projects, giant oilfields," Shahristani said in an interview on his arrival in Kuwait.
http://money.cnn.com/2006/07/04/news/international/iraq_deals.reut/

-- July 4, 2006 8:17 PM ∞

---

Carl wrote:

Well Fellows!

Now! that we all got that off our chest..! what will it be...?

Beer or Liquor?

Settle back...take a deep breath...relax and enjoy this unique adventure......

-- July 4, 2006 8:45 PM ∞

---

Bob wrote:

Okay.......on to better subjects.....There is supposed to be a meeting between the Finance Minister, the CBI, and the World Bank referencing the RV of the Dinar.....does anyone know approximately when that meeting will take place.....and what do you think might come of it....the Investment Laws...what effect will that play on the RV?

-- July 4, 2006 10:50 PM ∞

---

Outlaw wrote:

Roger...

I now understand exactly why you are a truck driver... because you are so socially retarded that being by yourself in a cab of a truck, is the only thing you can possibly do in this life.

I bet your attitude of not caring about no one but yourself, has caused you to run everyone that even thought they loved you, to run away as fast as they could.

You remind me of the type of person that I was refeering to in my previous post. A player... a simple southern minded bubba player with the common sense of a bar fly.

I would have suggested that you do go to Iraq because the experience would help you grow-up, but I now think that you might get killed by friendly fire if you did...

I should of known by reading your posts that you wouldn't have enough intelligence to be able to comprehend what I was saying to you... After seeing "ICB" again in your last post... I know it to be true!

Happy Truckin' Bubba!

Outlaw

-- July 4, 2006 10:53 PM ∞

---

Carl wrote:

You know...
Some of the smartest people I ever met...were just plain ole simple folks...I learned a long time ago that college degrees did not always equal wisdom...

Now! I never met Roger personally...talked with him a few times on the phone...was impressed with his general knowledge about a lot of things...It is very obvious he is well read...and keeps up on what is going on in the world...I'm really now sure what driving a truck has to do with someone's intelligence...since some of the trucking regulations are so complicated it requires some significant IQ to work in that industry.. In fact some of the wealthest guys I know started out driving a single, broken down piece of shit truck....worked hard at a honest profession and turned that one truck into 1200 + truck mega corporations...now as far as Roger's social skills...It appears his ability to communicate on a conversive level is above average...

Neither could I ever fiqure out why someone one think... that just because you were born and raised in the South you were thought to be ignorant...or simple minded......Now! I do know for a fact Roger is not from the South...so Outlaw you missed his region entirely...that settles that question...where he is from is up to him to tell or remain silent..but calling Southerners simple minded is like calling all individuals who have been to Iraq to work or in the military idiots who couldn't get a job anywhere else in the world or unhireable other than the military...
Now you and I both know that is stupid and undeserving...

Sometimes when individuals lose their temper, the lips move before the brain kicks into gear...I have been guilty of that myself...so I believe what we have here is one of those moments...There is no need for this type personal attack dialog to continue...so for the board how about taking a deep breath...? This question is directed to both of ya...

-- July 5, 2006 12:28 AM ∞

---

Outlaw wrote:

Carl,

Your are right my friend...

I am sorry about the "Southern" comment... it was indeed uncalled for, and definitly has no place here on this site.

Outlaw

-- July 5, 2006 1:21 AM ∞

---

Bob wrote:

Hopefully that is over.......lets get back to talking about the Dinar.

-- July 5, 2006 1:40 AM ∞

---

Roger wrote:

No No No, Outlaw,

This story has been following me from Texas to Georgia.

Just pulled in, and had a laugh, checking the blog.

Hold on, Im getting to the point.

First, Outlaw, regarding my knowledge of the world, I have been around, and I dont need to give my credentials.

You have seen the light as you se fit. Knowledge is not your privilige only.

What you dont understand is one damn word of what I'm saying, but I won't comment on your IQ because of that.

The crux of the matter is that you have a solid and hard understanding that we shouldnt "blow" anything.

This is what Im trying to say to you that you refuse to get.

In order to blow a cover, you must think it's something that has to be hidden.

It has to be hidden because there has to be a criminal element in it.

You said it yourself, ....oh man dont blow it, were having illegal money. Roger please understand it, you will jeopardize my investment.

Stop it right there.

Were not having any illegal money.

Read the Iraq Central Bank (or Central Bank of Iraq, whatever, pick one) auctionsite.

Read paragraph 2.

Ammount to be transfered abroad.

Where do you think those millions (legally) is ending up?

Think a little bit now. What banks on this planet is selling Dinars. Jordan, Lebanon, Kuwait, Dubai etc. The surrounding countries banks.

Ok, Iraq wont let private persons bring out more than a very small ammount, but millions are transfered to banks outside of Iraq. Once again Outlaw so you really understand this....legally.

Next step in the chain.

Where do you thing the Dinar currency dealers are getting their endless bundles of Dinars, do you think hey go to Iraq and smuggle them out?

They go to ...exactly , Lebanon, kuwait, Jordan whatever.

They buy the currency....legally, and get the currency here.

So we're not sitting on anything that is illegal, it's an unbroken chain legally obtained currency, from Iraq to your hands.

Outlaw, do you feel better now.

There is no cover to blow.

From the bottom of your heart do you honestly and truthfully think that any of this steps is something unknown. It's set up in that way, thats how they sell their currency, to smaller dealers and bigger banks.

Does anything starts to clear up now Outlaw?

With this in mind, Outlaw go back and read your own posting on how I shouldnt talk with the Central Bank, and how your investment is in jeopardy.

If you still after that, want to comment about who is stupid, your welcome.

-- July 5, 2006 2:22 AM ∞

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Roger wrote:

Outlaw, I just called FBI and snitched on your money, theyre looking for you now.

-- July 5, 2006 2:24 AM ∞

---

Roger wrote:

Outlaw, just joking

-- July 5, 2006 2:24 AM ∞

---

Roger wrote:

Ok everybody have had their say.

Carl, thanks, your the guy.

How about we follow Carls advice here.

Take a breath.

-- July 5, 2006 2:32 AM ∞

---

Bob wrote:

Fellas....I dont post on the board that often but enough is enough.....if you want to go back and forth with this....please obtain each others email and hash it out that way. Let's cool off and do the right thing.

-- July 5, 2006 2:37 AM ∞

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Sara Madgid wrote:

Sighhh...

Outlaw, Roger and Carl.. love you all.. HUG!! :)

Now, ...

Let's take a long deep breath.. relax... and quit jawing about legal questions (none of us are lawyers anyhow).. :)

So, can we get back to the question of the Dinar investment we all hold? Purdy please?

Bob was asking about the investment laws and the part they may play in the RV?? I think they are significant to Iraq and the way forward for their economic prosperity.. The passage of these laws and the subsequent opening of the ISX (Iraqi Stock Exchange) will happen soon and be a good sign of progress for Iraq and its fortunes (which reflects on our investment in the Dinar and its potential).. would you all agree??

Sara.

-- July 5, 2006 2:53 AM ∞

---

Bob wrote:

What is the date that the Finance Minister, the World Bank, and the CBI are supposed to meet? What is the speculative info on this so far?

Yes I agree that it will have a very significant reflection on our investment.

Sara, Thank you for changing the subject. I hope everyone has cooled off.

-- July 5, 2006 3:29 AM ∞

---

Sara Madgid wrote:

Former regime said at core of insurgency
By BASSEM MROUE, Associated Press Writer July 5, 2006

BAGHDAD, Iraq - The Iraqi government's list of the 41 most wanted fugitives suggests that former members of Saddam Hussein's regime form the backbone of the insurgency despite attention paid to the role of religious extremists such as al-Qaida in Iraq.

Only five of the 41 names are clearly identified as members of al-Qaida's local branch.

That reinforces the impression shared by a number of analysts that ex-Baath party members and former regime figures still play a key role in the insurgency.

"I believe that former regime members form 40 to 50 percent of the insurgency," said Diaa Rashwan, an Egyptian expert on militant groups. "Operations by al-Qaida and the Mujahedeen Shura Council make between five to 10 percent only, a maximum of 10 percent."

Rashwan said there was "no doubt" that veterans of Saddam's intelligence and security network form "an important part of the Iraqi resistance at the command level."

http://news.yahoo.com/s/ap/20060705/ap_on_re_mi_ea/iraq_the_insurgents

-- July 5, 2006 5:16 AM ∞

---

SGT at SPOD wrote:

Outlaw,

I'm still with you, Bro. I'm sure that Roger has NO IDEA of the amount of pressure that you are under on a daily basis. Dont let yourself be baited by someone who talks the talk, but cant walk the walk.

Roger,

You get what you give. We are friends here, and many people have been adding to and setting on their investments much longer than you. I think if you want to act recklessly with yours, that your choice. But attacking Outlaw because he feels that "keeping our heads down" shows your ability to be asleep at the switch. We are not doing anything illegal, but if some entities become aware of this issue, the WILL find a way to exploit, take advantage of others, and generally muck up the works for everybody. Outlaw is accustomed to this kind of interference from US government entities in Iraq, as I am. There are a myriad of knuckleheads who take great pleasure to complicate other people's lives as a justification of the Federal job that they hold. I'm sure that you do not notify the DOT of every suspected defect that one of your rigs may get. WHY NOT? Because you do not need the suits screwing with you or your business, or passing another idiotic regulation to complicate your business. Use some common sense......Or better yet, the Army needs 88M's (truck drivers) in Iraq, maybe you'd like to see what Outlaw's position is FIRST HAND?

SGT at SPOD

-- July 5, 2006 6:24 AM ∞

---

Carl wrote:

Just Parroting a sentence read during research..

Last night, I was reading a section on the financial situation in Jordan and that country's economy. Jordan is apparently booming due to foreign and Iraqi businesses setting up in Jordan and running their Iraqi business from there...in Jordan the domestic housing and office real estate industry is screaming with profits and demand of more...the article continued on and gave the Plus and negative about certain categories....

It was talking about one of the down sides of a category, then said...THIS WILL NOT CAUSE ANY RISK TO THE IRAQI DINAR BEING RAISED EQUAL TO THE US DOLLAR..

It made me ponder what has this writer or reporter read other than the offical statement regarding the RV or what additional information has he or she received that would indicate ... in no uncertain terms...with a inferred large degree of certainity...that the iraqi dinar was about to RV to the dollar..?

Just another brush stroke starting to indicate a developing picture on the canvas ..

-- July 5, 2006 7:09 AM ∞

---

Carl wrote:

Just a little more to chew on..

A senior diplomat in Iran stated, with a ironic smile that Iran was extremely grateful to the USA for assiting them in removing Saddam...the Bush administration had paved the way for them in Iraq ..Due to the bush admininstration... the Iranian shia,and Iraqi Shia,along with Arabs in Lebanon, Arabs throughout Egypt and other countries were closer now than they ever have been. Because of the Bush Admin...the Iranians now have stronger ties to these areas...

Just another Brush sTrOke of the Iranian involvement to remove Saddam...

-- July 5, 2006 7:25 AM ∞

---

SGT at SPOD wrote:

**ALERT**

IMF Executive Board is scheduled for a Article IV ("Obligations Regarding Exchange Agreements") with Iraqi and other Arab Officials in Egypt TODAY. My source is the US State Department, and I verified this info with the IMF website. It is listed under the Schedule for the IMF Executive Board.

Ladies & Gentilemen, something is certainly in the wind....Lets stand by and see whats out tonight.....

SGT at SPOD

-- July 5, 2006 8:09 AM ∞

---

SGT at SPOD wrote:

One other thing, this is a teleconference, not a face to face. Also the IMF will have a press breifing at 1000hrs Thursday July 7......

My source says that they may have some very pertinent info to pass along, but I have no further info/orverification on this.........

SGT at SPOD

-- July 5, 2006 8:20 AM ∞

---

Bob wrote:

See below folks.......there is nothing mentioned regarding Official Exchange Agreements......the topics of the meeting are listed below. Additionally.....there are no press briefings scheduled for 7 July...unless they dont post them until a day before.

Schedule of Press Briefings and Speeches by Senior IMF Officials
Last Updated: June 30, 2006
All Times are Local

Date Event Reverse Chronological Order

Wednesday, July 12, 2006 No Public Engagements

Tuesday, July 11, 2006 No Public Engagements

Monday, July 10, 2006 No Public Engagements

Sunday, July 09, 2006 No Public Engagements

Saturday, July 08, 2006 No Public Engagements

Friday, July 07, 2006 No Public Engagements

Thursday, July 06, 2006 Regular press briefing by Masood Ahmed,Director of External Relations Thursday, July 6, 2006, 10:00 AM, R-710 IMF Headquarters. Journalists should enter through the IMF Center entrance, 720 19th St. NW, Washington, DC. Doors will open at 9:15 AM. Please bring a valid photo ID and allow a few minutes to clear through security and proceed to R-710


Wednesday, July 05, 2006 No Public Engagements

Tuesday, July 04, 2006 Fund headquarters will be closed for business in observance of U.S. Independence Day Holiday.


Monday, July 03, 2006 Fund headquarters will be closed for business on July 3, 2006.


Sunday, July 02, 2006 No Public Engagements

Saturday, July 01, 2006 No Public Engagements

Friday, June 30, 2006 No Public Engagements

Thursday, June 29, 2006 Agustín Carstens, Deputy Managing Director will be the keynote speaker at the Fifth Annual Regional Conference on Central America, Panama, and the Dominican Republic.


Wednesday, June 28, 2006 No Public Engagements

Tuesday, June 27, 2006 No Public Engagements

Monday, June 26, 2006 No Public Engagements

Sunday, June 25, 2006 No Public Engagements

Saturday, June 24, 2006 No Public Engagements

Friday, June 23, 2006 No Public Engagements

Thursday, June 22, 2006 Regular press briefing by Masood Ahmed,Director of External Relations Thursday, June 22, 2006, 10:00 AM, R-710 IMF Headquarters. Journalists should enter through the IMF Center entrance, 720 19th St. NW, Washington, DC. Doors will open at 9:15 AM. Please bring a valid photo ID and allow a few minutes to clear through security and proceed to R-710


Wednesday, June 21, 2006 No Public Engagements


--------------------------

July 7, 2006
Country: Cambodia

Title: 2006 Article IV Consultation; Poverty Reduction Strategy Paper; Joint Staff Advisory Note

-- July 5, 2006 9:05 AM ∞

---

Bob wrote:

My fault....SGT SPOD...I see where it mentions Article IV...my apologies.

-- July 5, 2006 9:09 AM ∞

---

SGT at SPOD wrote:

Bob,

My source said Thursday the 7thfor the breifing, according to your post he probably meant the 6th.

The Article IV consultation is Today.

SGT at SPOD

-- July 5, 2006 9:44 AM ∞

---

Rob N. wrote:

All:

I hope everyone had an enjoyable and reflective fourth of July.

According to Carl's article, if one Dinar is RV to equal one U.S. Dollar that is certainly good news for all of us.

I do not think it is in question whether our investment into the Iraqi Dinar will pay off. The debate surrounds the degree of what we will profit.

When I started posting on this board I mentioned Paul Bremer quite frequently. In my opinion, he has been the instrumental person in Iraq. Whether one dinar will equal one dollar or 25,000 dinar will equal $25.00 usd Mr. Bremer was there back in 2003 laying ouy the progression of events we see before us.

Let us not forget who brought us to the dance. I think Paul Bremer should be invited to the pig roast in the Keys.

Thanks,

Rob N.

-- July 5, 2006 10:37 AM ∞

---

TAYLOR wrote:

Dear Roger and Outlaw,

I am relativly new to the Dinar game, and I have learned quite a bit by reading both of your posts. In the past I have dabbled a bit with commodity trading but I've never religiously kept up on 1 single topic as I am with this. All those years in Med school. Who would have figured that it will be a war on the other side of the world that will pay off my student loans :). Anyways, I hope that you put off your differences and continue to post on this board. I have agree with you outlaw that its properly best not to look in pandora's box by calling or making waves, but on the other hand, will calling some foreign call center in a war worn nation really make a difference in the outcome of the RV.... probably not (but why rock the boat). Good luck to both of you. Hopefully (if I'm invited) we can settle this over a good game of thumb wrestling in the keys. ---*~~

-- July 5, 2006 10:47 AM ∞

---

Roger wrote:

Sgt at SPOD

Can you pls explain what SPOD means, also thanks for your info.

As regards to attacking outlaw, well, hm ...not really , I was accused of spoiling his "illegal stash", and I just pointed out to him that there was no illegality of the stashes around.

True, no one want's to get more paperwork and govermental involvement than needed, however if you call your bank, and get a "shut up"note from someone you are urged to be your friend with, something is wrong.

Ok, I want to leave that behind, because the whole thing was based on a missunderstanding of the legality of owning Dinars.

Can you please elaborate a little bit of who your sources are?

Can you also please tell me in what exact position yourself are in with relationship to Iraq Banking.

Preciate it, Roger

-- July 5, 2006 11:01 AM ∞

---

Outlaw wrote:

Roger,

I think you need to read my post to you again... In no spot will you find that I either "demanded" that you not e-mail the CBI, or told you to "shut-up". I maintained the ut-most respect toward you while expressing my concerns! Count how many times I called you "Sir" and IF you look close when I asked you to "re-think" you decision... I even said "please"!

THE END!

Outlaw

-- July 5, 2006 11:40 AM ∞

---

SGT at SPOD wrote:

Roger,

I'm just a Grunt. My connections are some that I've had since my tour of duty in Berlin 1984-1992, in which I was fortunate enough to build some friendships with (then low ranking) State Department members (now some not so low ranking). I have a great number of personal friends in Kuwait that I am in communication with on a regular basis. I recently completed a stint in Iraq & Kuwait, and am convelesing at home in Florida. SPOD is a military acronym, and also the location of the logistics center in Kuwait, where everything begins and ends in theatre.

SGT at SPOD

-- July 5, 2006 1:57 PM ∞

---

Carl wrote:

SGT SPOD:
Just a grunt..lends someone to believe that level of work doesn't require many skills or effort.....

I know for a fact...it requires a lot of common sense,study of human behavior, and skills that are only brought about through practice in the hottest and coldest of weather...I know that when everyone else is getting ready to go to bed...you guys are just getting started, eventhou...you already had a long day...its the man on the ground who gives the eyes and ears to the command centers so decisions can be made....its the man on the ground who gets the job done, when technology can not....its the GRUNT on the Ground who is the first in and the last out after battle...Sometimes he or she never leaves the battle field ...So "just a grunt" definitely does not describe your talents or skills required to perform your profession well...

It is men and women such as yourself who have represented us well in all parts of the world. The ones who don't make the headlines or seek out praise for themselves..but who everyday meets each demand required of them, and does it... because it is the right thing to do...

-- July 5, 2006 2:44 PM ∞

---

paulge wrote:

Bankers cautious of suggestion to equate Iraqi Dinar with US Dollar

www.Noozz.com Editorial

July 3, 2006

Several newspapers announced last week that Iraq’s Ministry of Finance and Central Bank are evaluating a proposal to raise the Iraqi dinar’s value to match it with the American dollar. The news drew strong attention from the banking and commercial sectors as well as the citizens at large.

In an interview with Iraqi newspaper Al-Sabah, Minister Bayan Al Zubaidi said he suggested to Iraq’s Central Bank Governor Sinan Al Shibibi that “three zeroes” be taken from the value of the dinar to bring to level with the US dollar. Al Zubaidi stated that this proposition has gained the approval and support of the World Bank. He added that a meeting would be held this month to discuss the dinar value raise which would include specialists from the Ministry, the Central Bank of Iraq, and the Commercial Bank.

The news attracted attention and sparked worries of instability that could result in the trade sector and elsewhere. The commissioner of Credit Bank of Iraq, Fouad Al Hosni, said to Al Mo’tamar newspaper that such a matter was good for the Iraqi people’s sentiments but he also posed the question, “is the national economy currently capable of moving to a phase of equating the dinar with the Dollar?”

Zuheir Al Hafez, Commissioner of Ashur International Bank for Investment, agreed with Al Hosni. “The Minister’s suggestion requires cautious appraisal taking into consideration that the country’s security condition makes the economy more volatile and less capable of absorbing disturbances to commercial transactions that may result if the suggestion was not carefully evaluated,” he said.

Another voice from the banking sector, Badee’ Al Fikry, the Deputy Manager of the Basra Private Bank for Investment, wondered if the reduction of national debt and the increased liquidity due to rising oil prices were enough justification to taking such a decision. He added however that, “the important matter is to analyze the possible outcomes of equating the dinar with the dollar and how to rectify any deficiency that could result in transfers of merchants and banks.”

End

-- July 5, 2006 3:28 PM ∞

---

Outlaw wrote:

So Gang...

What does the above mean for the proposed RV?

Outlaw

-- July 5, 2006 3:48 PM ∞

---

paulge wrote:

Outlaw,

I've been strictly a reader of this forum for almost a year. My family is sitting on a substantial amount of Dinar. The above post was sent to me by my Dinar dealer. They currrently have $250,000,000 Dinar on hand. Without any guarantees my dealer, who has an office in Jordan and many contacts in the region, is saying it's looking promising in the near future. Now the hard part is defining "near future!"

Paul

-- July 5, 2006 4:23 PM ∞

---

Carl wrote:

Outlaw!
The best part is what was not said....the killer words..."NOT INTERESTED"
It appears to be in the discussion stage...with some expressing their apprehensions about going to a all our dollar...none said it should not be revalued...I believe some of those statements have realistic concerns...but will be hashed out...
one of the senarios will possibly be a compromise where the dinar will be revalued, but lower, then allow the open market to dictate the currency price toward the end..but it is obvious something is going to be done...if not here fairly quickly ....sooner rather than later...

-- July 5, 2006 4:27 PM ∞

---

Rob N. wrote:

All:

While an RV of the Dinar to the USD may sound good for the investor, there are some concerns from an economic perspecitive that this new government must take into consideration.

Equating the Dinar to Dollar forces the Iraqi economy into a place where it is not prepared to go. No data exist concerning the Iraqi GNP or GDP. With virtually no oil exports, the volitility of the country, and an inexperienced government the Iraqi economy is not prepared for the ebb and flow of the American dollar.

The post offered by paulge implicitly raises these concerns. Your thoughts?

Thanks,

Rob N.

-- July 5, 2006 4:46 PM ∞

---

TAYLOR wrote:

Hi Paulge..

Does it bother anyone else that someone has 250,000,000 dinars and is ready to turn them in at the drop of a hat? It makes my stash look like a welfare check.

-- July 5, 2006 5:08 PM ∞

---

Roger wrote:

SGT SPOD

Ah, ok so would it be a fair assesment to say that you dont know the exact things that might happen, but that you can have a feel of it because you are able to monitor the movements?

If that so, fair enough, please stay on the blog.

Outlaw,
Do you want me to do selective reading? Why dont you want me to read about stupid truckdriver? Dont start again. You're legal, be happy.

Rob N,

Yes, well when it comes to oilexport they have apparently done some good numbers lately, but still have to deal with the enormous oilthefts and ripoffs happening in the oilsector, however if they can keep the production up there is a glimmer of hope.

If they peg it to the dollar, it will ofcourse be artificially held there. I as well as you, have my doubts though that the Iraq Dinar is really worth a Dollar. Yes good for us.

Good for us but only if we can exchange it.

If it's pegged to the Dollar, and they keep the current set up, we still will have to wait until they trade it.

That gives a possible scenario of a Dinar to a Dollar, but only to drag along Iraqs economy, and still impossible to exchange.

That will give us an apparent joy, knowing we have millions in Dinars, that is Equal to Dollars, but we wont have the Dollars, we would still be sitting with funny looking Dinarbills.

Then when they finnaly release the Dinar on the market, it will have its real face shown, now we could exchange it, but we might find that just because we didnt run fast enough to the bank, we didnt get 24 cents, but only 17 cents.

We always seem to come back to the same old gray comment, wait and see.

-- July 5, 2006 5:33 PM ∞

---

Robert wrote:

Im in no way, shape or form starting a rumor here ( Believe me nothing upsets me more than rumors, right Tazmomma?) But at aboutdinar.com, someone in Iraq who posts stated that the word among the iraqis is a reval is coming before the Foreign Investment Law in August.
There are some good posts on the website.

-- July 5, 2006 5:37 PM ∞

---

Robert wrote:

Im in no way, shape or form starting a rumor here ( Believe me nothing upsets me more than rumors, right Taxmomma?) But at aboutdinar.com, someone in Iraq who posts stated that the word among the iraqis is a reval is coming before the Foreign Investment Law in August.
There are some good posts on the website.

-- July 5, 2006 5:37 PM ∞

---

SGT AT SPOD wrote:

Carl,

It is good to hear from you again, old friend. Thank you for your kind words, but I do no more than my fellow soldiers. I am in the States now, and the troops still on the ground are the true heroes, and are still worthy of all of our respect. The real story of what's happening is yet to be told by the media, as I'm sure Outlaw can attest.

I am awaiting any further news about the IMF consultation today. I hope that Sara will be able to enlighten us further, with her sources which always seems to be more substantial than the rest of us.

As my former posts will attest, I am not a rumor monger, or a sensationalist, but my contact was very positive about this meeting. I have kept silent unless I had something fairly solid to report, and I feel that this Article IV consult will be the beginning of our investment realization.

Good to be back,

SGT AT SPOD

-- July 5, 2006 5:43 PM ∞

---

Outlaw wrote:

Well Gang...

We got a little over 3 hours till the anouncement... Good or bad, we're all riding this train together and will arrive at the same place... at the same time... together!

I wish us ALL good times ahead!

GO DINAR!

Outlaw

-- July 5, 2006 10:52 PM ∞

---

Sara Madgid wrote:

Great to have you back, SGT AT SPOD.. I have and do enjoy your posts and presence.. thanks for the interesting info!

I don't think this is the RV itself quite yet, but it sure shows us things are clearly heating up and moving in the right direction!

Interesting info on RV before the FI laws (which are due out the beginning of August), Robert. I think I hear a train whistle.. and a conductor saying it will be pretty soon for the Dinar train to pull out of the station.. don't you?

Sara.

-- July 6, 2006 12:49 AM ∞

---

Sara Madgid wrote:

Robert;

I know you have seen this from other sites, but I don't think it was yet posted here and since it backs up with facts at least one thing you were hearing (the foreign investment law being put into effect beginning of August), I thought it worth posting.

Sara.

---

Iraqi prime minister : the new foreign investment law will be issued next August

During his meeting with Saudi investors
Monday, 07 Jumada II 1427 e 3 July 2006 No. 10079

Jeddah : Sultan Abopthani
A Nuri owner Maliki Prime Minister of Iraq from the date of issuance of "foreign investment law" will be the beginning of the new month of August (AP) Next He called on the men and women of Saudis to communicate directly with their counterparts in his country. and to take advantage of investment opportunities that arise during the next phase in the continuing process of building and construction in Iraq at all levels of development projects, and service. as saying. The President said Maliki, that the government will begin the process of activating the new law next Thursday after discussion by the Council of Ministers, which will convert the file to the affairs of the State, He emphasized that the new system to all the rights of foreign investors, as well as allowing him to turn away from Iraq currency occasion.

http://64.233.179.104/translate_c?hl=en&langpair=ar%7Cen&u=http://www.asharqalawsat.com/details.asp%3Fsection%3D6%26issue%3D10079%26article%3D371221

-- July 6, 2006 2:38 AM ∞

---

C1Jim wrote:

"as well as allowing him to turn away from Iraq currency occasion.

What does that mean?

-- July 6, 2006 9:01 AM ∞

---

Bob wrote:

I am curious...what does "allowing him to turn away from Iraq currency occasion" mean?

-- July 6, 2006 9:47 AM ∞

---

TAYLOR wrote:

Perhaps we can go to London to trade in the Dinars...

Finance & Banking

License for Lebanese Bank in Iraq

--------------------------------------------------------------------------------

06 July 2006 (Baghdad: Al Sabah newspaper)
The Central Bank of Iraq has agreed the granting of a license to Beirut Bank, established in 1963 and considered the sixth bank in Lebanon.

The license will entitle the Bank to open a branch in Baghdad, in order to continue building relationships with other Iraqi banks through opportunities made available by financing, which the Bank's Board has put at the discretion of Iraqi banks.

Conversely, the Beirut Bank will grant Iraqi banks the freedom to expand relations through dealing with the London branch. Beirut Bank owns adequate capital, allowing it to act freely in various international markets, particularly in the financing of foreign trade operations.

The Board has decided to allocate adequate credit limits to meet demand within the promising Iraqi market.

The bank has 41 Lebanese branches, active branches in London and Cyprus, and representative bureaus in UAE and Nigeria. The Bank has chosen the Iraqi financial expert Abdul Aziz Hasson as Head of its Baghdad branch.

-- July 6, 2006 11:28 AM ∞

---

Terri wrote:

Central Bank says Iraqi dinar stable
06/07/2006
Source: Al-Sharq Al-Awsat

Mudhir Salih, an expert with the Central Bank of Iraq, said that the Iraqi dinar is stable and there is no need at this point to print more money.

Salih added that the Bank departments are assessing the monetary stability and have not noticed any problems so far.

Salih said that any future demand for additional money printing has to be preceded by an increase in investment projects.

-- July 6, 2006 11:38 AM ∞

---

Sara Madgid wrote:

Jim and Bob.. it is an intriguing use of words.

Terri, thanks for posting that article.. :)
For the diehard skeptics on this board who wonder if you made it up in your head and want a reference..

http://www.portaliraq.com/news/Central+Bank+says+Iraqi+dinar+stable__1112065.html

Sara.

-- July 6, 2006 12:33 PM ∞

---

TAYLOR wrote:

The Ministry of Finance and the Central Bank of Iraq are studying a proposal to raise the value of Iraqi dinar and make it equal to the U.S. dollar.

The Minister said that the new government will have a "qualitative" budget for 2007.

The Minister also talked about the ministry's determination to draft the new pension law as soon as possible, and to create investment opportunities which will create job opportunities for the unemployed.
http://www.portaliraq.com/news/Proposal+to+make+Iraqi+dinar+equal+to+U.S.+dollar+reviewed__1112069.html

-- July 6, 2006 12:41 PM ∞

---

Okie wrote:

Saddam kept ranting how the US would beg the courts for his release from prison so he could help us put down the terrorist groups.
Looks like the only "release" he will get will be at the end of a rope.

Iraq PM says Saddam trial will be short, "execution" soon

Kuwait City, 05 July 2006 (BBC Monitoring)
Iraqi Prime Minister Nuri al-Maliki on Wednesday [5 July] assured that the trial of former Iraqi President Saddam Husayn would not last much longer and that Saddam would be executed shortly for the crimes he had committed.
If Iraqi President Jalal Talabani refused to approve his execution the Presidency Council would take up the job for the president, he pointed out, in the press statements before leaving here wrapping up a two-day visit to Kuwait.
Source: MENA news agency, Cairo

-- July 6, 2006 1:10 PM ∞

---

Okie wrote:

Taylor....

Good post on the RV of the Dinar.
Sure sounds good to hear..."raise the value of Iraqi dinar and make it equal to the U.S. dollar" more and more.
Com'on Dinar!!

-- July 6, 2006 1:32 PM ∞

---

Anonymous wrote:

Iraq, UN work on five-year project to support Iraqi economy

BAGHDAD, July 6 (KUNA) -- A joint statement from the Iraqi government and the United Nations announced a five-year project that will instill peace and bring forth political, economic, and social development in Iraq.

UN Deputy Secretary General, Mark Malloch Brown, who is currently visiting Iraq, had talks with Iraqi government officials about its initiative for a new partnership with the international community dubbed, "International Contract for Iraq." According to the statement, the contract is focused on creating methods that will supports Iraq's economic transformation and offer opportunities to become part of the regional and international economies.

Brown had met with Iraqi President Jalal Talabani, Prime Minister Nouri Al-Maliki and other senior officials.

The statement added, the Iraqi government agreed to form a preparatory committee which will be co-chaired by the UN.

The committee will prepare the contract with strong support from the World Bank, the IMF and other regional financial institutions.

The contract, the statement concludes, will offer the world an opportunity to support Iraq as it transforms its economy.

http://www.kuna.net.kw/Home/Story.aspx?Language=en&DSNO=883812

-- July 6, 2006 3:15 PM ∞

---

TAYLOR wrote:

BREAKING NEWS

Iraq says considering knocking zeros off dinar

Reuters
Jul 6 2006 17:36

BAGHDAD, July 6 (Reuters) - Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said on Thursday.

Senior government and central bank officials have told Reuters the proposal has been under consideration for some time to make one new dinar equal to 1,000 current dinars, a move that would bring the currency closer to parity with the U.S. dollar.

Asked about such a suggestion in an interview on Arabiya television, Finance Minister Bayan Jabor said: "This is the ministry's suggestion to the central bank. We think in the long term it will be for the benefit of Iraq."

Jabor said surveys indicated popular support for the move. The oil-rich nation's currency was once worth more than $3, he recalled, before the ruinous wars and international sanctions during the rule of Saddam Hussein.

There are currently about 1,450 dinars to the dollar, a rate that has been relatively stable since shortly after the U.S. invasion in 2003. At that time new banknotes were issued by the U.S. occupiers to remove Saddam's image.

Other nations that have been through rampant inflation have followed a similar course, notably Russia in the 1990s. Until the 1980s, many prices in Iraq commonly also used the fils. One dinar equals 1,000 fils. The smallest denomination note today is 250 dinars.

http://www.noozz.com/Iraq/ViewArticles.aspx?SectionId=1&SubId=10&Main=10&ArticleId=164683

F***!!!! The dinar train may be coming to a halt.

-- July 6, 2006 3:56 PM ∞

---

Jason wrote:

So... Does this mean anyone holding denominations of 25,000 will have to trade in for say two tens and a five? And if this is the case will it make our holdings increase to meet the dollar or something close to it? To me it shouldn't matter if they lower the denominations as long as I can exchange to the lower and still hold the same amount.If they increase the value I should be that much richer. Maybe I'm missing something but so far thats my veiw. Hope I'm right.Best wishes to all .
Jason

-- July 6, 2006 5:58 PM ∞

---

Outlaw wrote:

Well Gang...

Anyone whant to buy some Dinar? Going Cheap!

Outlaw Out!

-- July 6, 2006 6:34 PM ∞

---

Sara Madgid wrote:

Let's suppose that YOU were the Minister of Finance for Iraq and you knew that the plan was to RV at about US parity.. just as a thought.. would you run out and state it in the newspapers?

What exactly would you say about the issue?

Think about it and let me know what you would do in his shoes.. or what you think his responsibility would be, you know.. as a minister?

Sara.

-- July 6, 2006 6:39 PM ∞

---

Outlaw wrote:

Jason,

That means that we're all screwed! Yes, a 25,000 Dinar bill will be worth 25 Dinar at what ever value the Dinar actually opens at...

AND that is assuming you find someway to exchange for the new currency.

Outlaw

-- July 6, 2006 6:39 PM ∞

---

Lax wrote:

Does this mean you can deposit your dinar into banks in US also, Just like a Canadian dollar or British pound Or this is just a RV but not open to international foriegn exchange market?

-- July 6, 2006 7:08 PM ∞

---

Lax wrote:

If it opens for trading then it is no big deal. We should be able to go to any bank in the world and exchange in any currency we want, I suppose.

-- July 6, 2006 7:11 PM ∞

---

Anthony R wrote:

Well folks, I, for one, am not going to cry over spilled milk. I have my 4 million Dinars, and I am gonna wait and see what shakes out of this.

I have seen highs and lows and highs and lows, its been a constant roller coaster ride. One week the revalue is right around the corner, and its awesomely great in the investers favor (me). The next week they are lopping zeros and my Dinars are going to be worthless. The next week they are going to peg dollar for dollar with US currency, the next week they are going to do a currency exchange.

You see a pattern here? I sure do. I am not getting too high, or too low, until I know something concrete.

When I have something concrete to go on, if its in our favor will I be super excited and overly pumped? You bet, I just made millions. If it goes in the other direction will I be completely destroyed and let down? Not on your life, I rolled the dice and came up snake eyes. Lost out on a few thousand which is not good, but didn't break the bank.

For now, just chill out, and watch history unfold, hope for the best for mankind, and hope to come out ahead and hope we survive.

-- July 6, 2006 7:17 PM ∞

---

Okie wrote:

I posted the following a few weeks ago. Does it make more sense than allowing the 25000 note = 25?
They're still talking about bringing the Diner value closer to the dollar and now they've brought fils into the conversation.....

What do you think?????

Okie wrote:
Sara…..
Very good comments on why the Dinar needs to be at a higher level. As usual, your summary of the situation is spot on. For sure it has to be valued at a level that will allow them to kick start their economy and get it off ground zero.
Regarding the initial value of the Dinar, I offer the following as “rumor and raw data”, “unsubstantiated comments”, “not to be used for investment guidance” and as a “super SWAG”.
In any case, several months ago I saw a news release from one of the Government officials and he stated the Dinar was ”just where it should be”. This caught my attention because at the time the Dinar was being quoted at 1 USD=1465 Dinar. If he thinks the Dinar is where it should be and a lot of us think it should be at better value….how will it be transformed to the better value?

I believe the equation will be like this:

Assume 1 USD = 1465 fils instead of Dinar.
Then 1 USD = 1.465 Dinar.
Then 1 Dinar = .68 USD = 68 US Cents.

It makes sense to me, but again, is offered with the “super SWAG” precursor above.
Anybody have comments on this? Remember…..treat me gently….I’m just an Okie trying to get by in this world.
-- May 17, 2006 12:45 PM ∞

-- July 6, 2006 7:24 PM ∞

---

Outlaw wrote:

Sara,

I think this is the peg...

Here is what I see... A 25,000 Dinar note presently is worth $16.92 @ 1477/1 rate so if they now make the 25,000 Dinar note 25 Dinars then each Dinar would be worth .68 per Dinar...

Am I right? If so then they just pegged the dinar at .68 when the new currency is issued.

Corrections or Comments?

Outlaw

-- July 6, 2006 7:35 PM ∞

---

Outlaw wrote:

Okie,

hehe... I guess we're right... were both got it at the same time... hehe

We won't loose any money IF we can exchange for new currency!

Outlaw

-- July 6, 2006 7:39 PM ∞

---

Outlaw wrote:

Down side... We're never going to be millionairs!

Outlaw

-- July 6, 2006 7:42 PM ∞

---

Sara Madgid wrote:

Anthony R wrote:

Well folks, I, for one, am not going to cry over spilled milk. I have my 4 million Dinars, and I am gonna wait and see what shakes out of this.

===

Wise of you to wait and see how it pans out, Anthony.
Most of us were talking long term Dinar speculation only a short time ago..

Now we see sudden news with conflicting reports, some positive (like the expert with the Central Bank of Iraq who said that the Iraqi dinar is stable and there is no need at this point to print more money. http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121925 )...

And others, like this one posted by TAYLOR which Okie and Outlaw are discussing which is adverse...

Pro 24:10 If you faint in the day of adversity, Your strength is small.

Well, let's be a little less easily blown about by every new wind or article.
The way I read the article was more like this:

Quote:

Iraq says considering knocking zeros off dinar

BAGHDAD, July 6 (Reuters) - Iraq is CONSIDERING redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said on Thursday.
Senior government and central bank officials have told Reuters the PROPOSAL has been under consideration for some time to make one new dinar equal to 1,000 current dinars, a move that would bring the currency closer to parity with the U.S. dollar.

Asked about such a SUGGESTION in an interview on Arabiya television, Finance Minister Bayan Jabor said: "This is the ministry's SUGGESTION to the central bank."

===

So, I think your attitude good, Anthony..
It is worth weathering these adverse reports and seeing whether these SUGGESTIONS and PROPOSALS are adopted or rejected by the Central Bank of Iraq.

Sara.

-- July 6, 2006 8:13 PM ∞

---

Okie wrote:

I think any new currency printed will be just smaller denominations and not a complete new issue of new notes.
If my theory is correct then 1 Dinar(already existing) = 68 US cents.

-- July 6, 2006 8:31 PM ∞

---

Notty wrote:

I agree with Okie,
I for one don`t agree they will go down that road, as i can not see Blair and Bush sitting back and seeing thier countries heavily invested companies getting ripped off by the CBI.

-- July 6, 2006 8:47 PM ∞

---

Robert wrote:

CAN THIS BE REAL?

http://www.msnbc.msn.com/id/13738902/

I had a great sleep and woke up to this S$&@!!!!

-- July 6, 2006 9:16 PM ∞

---

Robert wrote:

My bad

I was asleep all day and didnt realize you all were

"all over this article"

sorry!

-- July 6, 2006 9:18 PM ∞

---

FirstBob wrote:

Reference the lopping off of 3 zeros from the current dinar:

IMO this could only mean one thing, a modest increase in the value of the current dinar.

I can only see the following equasion:

1 new dinar = 1 dollar currently worth 1460 dinar.

(with the zeros lopped off:)
1 new dinar = 1 dollar worth 1000 dinars

we profit 460 old dinars each time we trade for
one of the new dinars/dollars.

-- July 6, 2006 9:26 PM ∞

---

FirstBob wrote:

Reference the lopping off of 3 zeros from the current dinar:

IMO this could only mean one thing, a modest increase in the value of the current dinar.

I can only see the following equasion:

1 new dinar = 1 dollar currently worth 1460 dinar.

(with the zeros lopped off:)
1 new dinar = 1 dollar worth 1000 dinars

we profit 460 old dinars each time we trade for
one of the new dinars/dollars.

-- July 6, 2006 9:28 PM ∞

---

SGT AT SPOD wrote:

Gang,

If I look at the track record for accurate intelligence about the various trends that the dinar has taken over the last three years, SARA has a track record second to none. I think we should monitor the situation closely, and try not to speculate too much on what might happen.
Sara & Outlaw, you two know this society. The Ministers say one thing and do another, everyday.
For example, one fact that hasn't be addressed is the faction that this minister belongs. You can be sure that the opposing factions WILL argue and balk at his SUGGESTION.
Another fact IS that the new dinar has been disributed all over the Middle East, and large quanities are most certainly being kept in the banks all over the Gulf. Transportation for exchange WOULD BE a nightmare for the same people who are trying to support Iraq economically. NBK (National Bank of Kuwait) is the premier distribution point for the NID, and believe me, The Al Sabah family will not let the instruments already in place to economically assist Iraq far by the wayside.
Finally, discussions are also underway to establish a common currency simular to the Euro for the Oil Producing Nations in the Gulf. The common consensus is that the stumbling block at the present time is the financial stability of Iraq, and the necessity for Iraq's inclusion in this project(at last count,Iraq has 52% of the Gulf's oil reserve). Kuwait and Oman in particular are key players in both the recovery of Iraq, and the proposed currency. Kuwait alone has invested over 75 Billion dollars in a pipeline that is under construction now to transport crude from the Iraqi border directly to the refineries and oil port at Ash Shuiaba.
And This is a fact - Ash Shuiaba is being phased out as a port facility for the US Army, with our operations being expanded to KNB (Kuwait Naval Base) 20 miles south. Three massive refineries are being laid out NOW at Shuiaba, in preparation for the incresed production.

Relax. We've been in this situation before. And we'll most likely be in it again. All our fears will diminish in time, and the truth will be known, and most likely will be very different than it appears now.....

SGT AT SPOD

-- July 6, 2006 9:41 PM ∞

---

Taxmama wrote:

Zero Lopping will only happen upon exchange - not from the bills.

-- July 6, 2006 10:14 PM ∞

---

Roger wrote:

It's as real as real can be.

If it's going to happen I dont know, but all the Iraqis are doing is trying to get in par with the rest of the world.

So if you have Dinars at a value of one million in your soapbox, you have paid about 6-800 bucks for it.

I dont like this but it makes a lot of sense.

They shave off three zeroes, and say its worth 1000 Dinars.

They have in no way or form ripped you off, you have now a value of 1000 dinars = 1000 Dollars. You made 2-300 Dollars.

Only problem is now, (if this will happen) how to exchange the 25000 Dinar to a 25 Dinar.

One possible solution is that they start issuing their new currency, and as the old one come in, they exchange it as they go. Then it doesnt matter, you can sit on it and exchange it whenever you like.

Or, they set a time limit for it, and after that its worthless.

Either way, time limits on this sort of things are usually very liberal, as this is a mega process.

I propose, dont panic, this after all, is a long term investment, after eight, ten years, we might look at 3 or 3.5 Dollars to a Dinar.

If you invested 750 bucks for a million and will be able to potentially get 3000 out of it, it's not bad.

However we must watch closely and see what will come up, as far as I understand, all this talk about doing it this way is only talk so far.

What we are hearing is different statements from different prominent persons lobbying for the idea.

Realize, it is an impossibility to peg the CURRENT Dinar to the Dollar.

Imagine, one Iraq man brings home 2-400 Dollars a month, in Dinars.

He is hauling in his currency to the current value of 1 Dollar = 1677 Dinars.

If the Dinar would be pegged with todays value , to the Dollar, suddenly the average barber and paperman would have a monthly income of 30 - 50.000 dollars.

So I'm sorry to say, but I agree, it make very much sense doing it this way.

Kuwait Dinar was a quick rebound and could be saved, Iraq Dinar went too far out of the ballpark.

Another possibility is a compromize, we just have to ....sorry to say it once again...wait and see.

-- July 6, 2006 10:21 PM ∞

---

Roger wrote:

Hi Taxmama,

Back in the loop, I see you have a new statement, dont be suprised if you will get a bit scruitinized this time around. Byt by all means, welcome back

-- July 6, 2006 10:27 PM ∞

---

Roger wrote:

SGT SPOD

I agree, we're saying the same thing, wait and see, except you had a keyword there that I should have inserted....relax.

-- July 6, 2006 10:33 PM ∞

---

Sara Madgid wrote:

Thanks, SGT!! :)
Kind of you.
Appreciate it.

====

Taxmama wrote:

Zero Lopping will only happen upon exchange - not from the bills.

====

Are you saying that there will be a zero lop and it will happen upon your exchanging the Dinar?

Just clarifying your position and information, so I don't say something based on a misunderstanding. :)

Sara.

-- July 6, 2006 10:44 PM ∞

---

Taxmama wrote:

Sara
Exactly.
No complications.

Just a zero lop when you turn it in. Again, no complications.

What we have is what we have.

-- July 6, 2006 11:31 PM ∞

---

Anthony R wrote:

So Taxmama...

What you have is what you have????

So if I exchange 25000 dinar, I will get 25000 of the new dinar???

-- July 7, 2006 12:23 AM ∞

---

Bob wrote:

Taxmama and Sara,

Please assist me in understanding this zero lopping.....if they drop the zeros at the current rate...the Dinar will equal 68 cents? Am I understanding that correctly?

-- July 7, 2006 1:04 AM ∞

---

Roger wrote:

Bob,

No, on your Dinarbill you have a denomination, lets say its a 25000 dinar bill.

Take off three zeros, and you will have 25 Dinars instead,

Now, peg it with the Dollar, and you have 25 (000) Dinars = 25 Dollars.

That is, if it will happen, the lobbying for this proposal is getting pretty intense though.

-- July 7, 2006 1:10 AM ∞

---

Roger wrote:

That missile that was launched from N Korea very recently and failed shortly after takeoff, with the result it landed in the waters between N Korea and Japan.....something tells me we did something to it.

-- July 7, 2006 1:51 AM ∞

---

Bob wrote:

....so actually this will be a trade (from the old notes to the new bills). I have 5 million dinars.......after the revaluation...I wont have five million dinars anymore.....I'll have the same dollars worth in less dinars....after that exchange, if the value goes up....so will my dinars. Am I correct in that response?

-- July 7, 2006 2:37 AM ∞

---

C1Jim wrote:

what about the guy in Iraq that has been saving for 4 years and has 100,000 Dinar. Now he has $100?

-- July 7, 2006 2:45 AM ∞

---

Robert wrote:

Well if all goes south,

www.exchangeyourdinars.com

I dont see the zero lopping thing though.

-- July 7, 2006 5:48 AM ∞

---

Taxmama wrote:

It will peg at somewhere between .67c and $1.00 U.S.dollars.

Don't get your knickers in a bundle.

-- July 7, 2006 6:08 AM ∞

---

Bob wrote:

Taxmama.....will the zeros be dropped from the currency or the exchange rate?

-- July 7, 2006 6:15 AM ∞

---

Sara Madgid wrote:

Read these points again.. relax.

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121950

Don't get filled with panic and start thinking the sky is falling due to a SUGGESTION..

Remember that in Iraq there will be factions on both sides of the discussion, along with debate, etc.. before any implementation is brought about.

Since when has anything in Iraq happened quickly and decisively? (I mean by the Iraqis.)

Last week we were talking five years til we see anything from this investment, now some of you good folks are thinking of cashing in your Dinar?

Take a deep breath, relax.. don't jump ship just because of a little turbulence.

It is never wise to be motivated by fear in economic matters.

Those who are motivated by fear often miss out, as in a shakeout:

S: (n) shakeout (a financial condition that results in the elimination of marginally financed participants in an industry) "they glutted the market in order to cause a shakeout of their competitors"

http://wordnet.princeton.edu/perl/webwn?s=shakeout

Sara.

-- July 7, 2006 6:26 AM ∞

---

Robert wrote:

So is all this new currency stuff just "speculation"

It just doesnt make sense to create a new currency.

-- July 7, 2006 6:35 AM ∞

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Sara Madgid wrote:

Taxmama wrote:

It will peg at somewhere between .67c and $1.00 U.S.dollars.

Don't get your knickers in a bundle.

===

Thank you, Taxmama.

Others are hearing the same.

I don't think it is time to throw in the towel yet.

Sara.

-- July 7, 2006 6:40 AM ∞

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C1Jim wrote:

I guess he will still be ahead since his 100,000 isn't worth that much now.

-- July 7, 2006 6:43 AM ∞

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Sara Madgid wrote:

Robert wrote:

So is all this new currency stuff just "speculation"

It just doesnt make sense to create a new currency.

===

Yes, Robert, we are discussing a mere SUGGESTION by a minister which was put in print in a newspaper article.

Think of any US minister making a recommendation to the government.. how likely is it you will see the minister's SUGGESTION implemented, and how quickly?

Would you buy or sell stocks based on a minister's SUGGESTION to the government?

Why buy or sell currency based on such?

Sara.

-- July 7, 2006 6:52 AM ∞

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MARK wrote:

Well, looks like this DINAR TRAIN (ORIENT EXPRESS) TO KEY WEST, was actually the CALCUTTA CATTLE CAR to BOMBAY.
It's make perfect sense to chop off the zeros on the note and then PEG it at 1 US Dollar.
As far as the average IRAQI saving his Dinars, the 25,000 dinar note is only worth $16.92, if they PEG it at $1.00 and chop off the zeros, it's now worth $25.00. The Iraqi is still making money with all his Dinars.
A quick question??? Is there any country that has a single currency note worth $25,000???
I only hope that it exchanges on the open market, this way we still have a chance to break even and or make $200.00 for every million dinars we have.

-- July 7, 2006 7:05 AM ∞

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Anonymous wrote:

Sara....when u say peg between .67 and 1 USD...do you mean if I have a million dinar....that I would have a worth of 670K and 1M dollars? I know this is all speculation but just curious on what you and Taxmama have heard. Thanks!

-- July 7, 2006 7:39 AM ∞

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Okie wrote:

I agree with Outlaw and several others that we will see a peg of around 68 cents.
The Iraqi politicians aren't stupid....if they stiff us on the dinar exchange then they also stiff the average Iraqi citizen....and that isn't part of their plan.

I only have one question:

Taxmomma sez "don't get your knickers in a bundle" and I say "Don't get your knickers in a knot". Do we have any of our Brit cousins on here that will tell us which one is correct. Might be both!

-- July 7, 2006 8:21 AM ∞

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DinarNews wrote:

If they lop off the zeroes on the dinars, what does that mean for the future of dinars? People were arguing that the dinars would go to pre-war levels and may peg at 1 dinar to 1 dollar. If they lop the zeroes off, is it still possible that they would would peg .001 dinars to a dollar? Will they make a 1/1000 dinar cent? If it pegs at 1000 current dinars to a dollar, the only way I could break even if I can exchange my dinars back to dollars with a very low commission.

-- July 7, 2006 8:52 AM ∞

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MARK wrote:

Everyone like to use KUWAIT as an example, after the first Gulf War, here is a website that show the currency of Kuwait. The largest note they have is a 20 Dinar note, worth about $68.00 U.S Dollars. So my question again, do you think the World Bank/IMF will allow a Country to circulate a note with a value of $25,000 U.S Dollars???

http://www.guardianfx.com/information/mideast/kuwait.html

-- July 7, 2006 8:57 AM ∞

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C1jim wrote:

Just got this email.

Central Bank says Iraqi dinar stable
06/07/2006
Source: Al-Sharq Al-Awsat

Mudhir Salih, an expert with the Central Bank of Iraq, said that the Iraqi dinar is stable and there is no need at this point to print more money.

Salih added that the Bank departments are assessing the monetary stability and have not noticed any problems so far.

Salih said that any future demand for additional money printing has to be preceded by an increase in investment projects.

-- July 7, 2006 9:02 AM ∞

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Okie wrote:

Moving right along with the Dinar.....

Proposal to make Iraqi dinar equal to U.S. dollar reviewed

07 July 2006 (PortAl Iraq)
The Ministry of Finance and the Central Bank of Iraq are studying a proposal to raise the value of Iraqi dinar and make it equal to the U.S. dollar.

http://www.iraqupdates.com/p_articles.php?refid=DH-S-07-07-2006&article=9191

-- July 7, 2006 9:18 AM ∞

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MinistryOfLies wrote:

I'd like to congratulate Sara and Company for successfully making a lot of money for the dinar sellers. Their continual and optimistic reports about how the dinars are going to make people millions have in fact made some very shady individuals a lot of money. If Sara was a financial consultant, we could all sue her for damages! So far, every peg announced through the years have been proven false. Every "expert opinion" about the future exchange rate of the dinar has been false. Sara has been posting like a mad women (or should I say mad MAN?) for years. Does this person have a job? Or is this person doing her job? - To hype up dinars and outlook in Iraq to get more people to buy dinars. I know everyone will attack me for stating the facts, but look at the big picture. Most people buying dinars are troops in and out of Iraq. Some have spent their whole life's savings. Instead of putting money into stocks (which Bush's plan has made very good gains the past years), they have lost money or will break-even. Even if they break-even they lose, since they missed out on stock and real estate gains. It looks like stocks and real estate will level off or decline in the coming years - so they lose again. If Sara was a broker, she would have lost her license - playing on your patriotism and your greed. If the dinar was going to peg at 1 dinar to 1 dollar, they WOULDN'T EVEN BE CONSIDERING THE DROPPING OF THE ZEROES! And where is the 68 cent nonsense coming from. Is this another "reliable" source from Sara? Like all the other "reliable" news she has been giving us which have proven TO BE FALSE. The only accurate news she has been giving us are copied news postings - and all of those have been one-sided. Beware people - because she spouts scripture doesn't make her a righteous person. Personally, I would be wary of anyone who does this (unless they are a pastor/minister) because they are trying to act holier than thou. Wolf in sheep's clothing comes to mind. Get a job Sara. And if you have one and work for home (or a stay at home mom), get back to work or pay attention to your children.

MoL

-- July 7, 2006 9:24 AM ∞

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Bob wrote:

Okie...we understand that there is a proposal to raise the value of the Dinar to the dollar....in what way...by lopping zeros off of the currency or from the left side of the exchange rate?

-- July 7, 2006 9:28 AM ∞

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Sara Madgid wrote:

Ministryoflies;

What do you do for a living, are you a Christian (how could we tell?) and why should we listen to your view?

You say:

If the dinar was going to peg at 1 dinar to 1 dollar, they WOULDN'T EVEN BE CONSIDERING THE DROPPING OF THE ZEROES!

How do you know this? Could you substantiate this statement (or any of the others, including those judging me and my motives - not to mention my religion by calling me a wolf in sheep's clothing).

Sara.

-- July 7, 2006 9:51 AM ∞

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Sara Madgid wrote:

Rob N. wrote:

Sara:

I have been impressed with your level of comprehension regarding monetary policy, foreign investment, etc.. Please do not take this offensively, but it is refreshing. I appreciate your participation on this board. May I be so bold to ask what you do in your real life outside of this forum?

Thanks,

Rob Nowlin

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121488

Rob N.;

In light of ministryoflies' current comments, NOW do you see why I didn't answer your question?

He's probably the same guy I referred to in my post:

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121490

As for my positive posts being a "bad" thing only to bring in money for Dinar sellers.. (And, again, I don't know any dinar sellers or make any money from dinar selling, I am just an interested investor like you all are, and most of you are nice! :) ).

Okie.... wrote:

The guy taking cheap shots at you must have been a real pinhead because your posts are always so positive and informative. In any case I agree with you that the RV could be "soon".

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121491

Don't worry, board, I know a knothead when I see one. I appreciate sharing info and banter with the rest of you.

I think IGNORING ministryoflies is the safest route..

Let's just continue to discuss the topics and ignore his/her/its nasty comments as much as is possible?

Sara.

-- July 7, 2006 10:10 AM ∞

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Bob wrote:

Sara....dont get caught up into that..what do they mean when they say they want to increase the value of the Dinar to equal that of the USD...do they want to lop the zeros from the currency or the exchange rate?

-- July 7, 2006 10:10 AM ∞

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Okie wrote:

Bob.....

I think the three decimal place shift will be like this:

Now 1 dinar= .0006775

Later 1 dinar= .6775

This would be approx. 68 US cents.

-- July 7, 2006 10:11 AM ∞

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Bob wrote:

Okie....I am on your side...just wondering if they would take the zeros off of the currency too?

-- July 7, 2006 10:23 AM ∞

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SGT AT SPOD wrote:

"Ministry of Lies",

You Sir, are either a moron (so that we have an excuse to understand your idiotic banter), or just one of those poor souls who stand on the corner ranting to themselves blaming everyone else for THEIR shortcomings.

Your attack on Sara, IS NOT CALLED FOR, and reflects either your unsocial self absorbed tendacies, or your complete lack of intelligence/education.

If you have something positive to CONTRIBUTE, fine. If you want to attack someone personally, try me. But then again,I refuse to have a war of minds with a unarmed person.

Get a life, or better yet, get another forum for your crap..........

SGT AT SPOD

-- July 7, 2006 10:24 AM ∞

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Okie wrote:

SGT at SPOD......

Liked your response to "Ministry of FLIES".....

-- July 7, 2006 10:36 AM ∞

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Okie wrote:

Bob.....

I think the only change we'll see in the currency will be the distribution of smaller denominations. The larger notes like the 25,000, 10,000 and the 5,000 will be taken out of circulation as they pass thru the clearing Banks.

-- July 7, 2006 10:42 AM ∞

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Sara Madgid wrote:

I liked your response to ministryoflies, too, SGT AT SPOD.

I do very much appreciate it. :)

Sara.

-- July 7, 2006 10:43 AM ∞

---

Sara Madgid wrote:

Bob;

Certainly they are talking a Revaluation (RV) of the Dinar.. that we know for sure!

First, you know from the news posts that the foreign investment laws are about to come down in August, right?

So... I reason, will they have time to reissue an entire new currency just before they open their country up and make it real friendly and attractive to foreign investors?

Wouldn't that kind of be counterproductive?

They are saying they will make the Dinar EQUAL to the dollar.. right?

So, using the current Dinar... presuming they wish to use the currently accepted and stable currency we have in place (and which is accepted and traded around the world now), that would mean a RV upwards.

The possibility of a currency reissue DELAYS all of Iraq's plans for getting foreign investment and getting the economy going.. how smart is that?

Second, did you read the news post about the UN and how Iraq is inviting the world to help support it and the "transformation" of its economy? How exactly will that work in the "zero lop scenerio".. would it be AFTER a currency reissue? Sounds like a loooonnnnggg time before anything happens if so, but that article seemed to make it appear much more immediate.

And third, won't the ISX have to wait until the Dinar is at US parity to open to foreign investors? If they open at the current valuation, they will get bought out fast!

If the ISX has to wait for a currency reissue (and who even said there is new currency printed?? How many months will that take? Then there is distribution, etc, etc.. And how do they know a new currency will be acceptable internationally? Whereas this one is accepted and stable on the world scene NOW) then how long will it be until they can have a working stock exchange open to foreign investors? How PRACTICAL is a zero-lop and currency-change scenerio in light of the ISX and its needs to help economic growth for Iraq?

Those are some of my current thoughts on why it appears more likely to RV upwards than have a reissue of the currency and zero lop.

Oh, and if my view appears too optimistic and one-sided simply go to the MSM, they have plenty of pessimism and the other side of the coin for ya. :)

(Just kidding around, Bob - thanks for ignoring the cheap shots at me and continuing to dialog. I appreciate it.)

Sara.

-- July 7, 2006 10:51 AM ∞

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MARK wrote:

OKIE:

This article was posted by Roger and several others

http://www.msnbc.msn.com/id/13738902/

The way I read it, The Finance Minister is talking about taking the zeros off the currency not the value, and then making it equal to $1.00 U.S Dollar.
They don't mention anything about the zeros in the current exchange rate, which as you stated would make it .68 cents, not $1.00 U.S Dollar.
Now if you take the current 25,000 Dinar Note and take off the zeros, it becomes 25 Dinars, then you make it equal to $1.00. This would take the current value of a 25,000 Dinar Note from $16.92 and now make it $25.00 U.S Dollars. This type of exchange would be justified, considering the Central Bank of Iraq currently auctions 40 million Dinars a day at the rate of .0006775 ($16.92) per 25,000 Dinars. So, for every 25,000 Dinars, each Iraqi citzens and/or outside investor will make roughly 7.00 for every 25,000 Dinars they have. I might be completly off base with this opinion, but it sure does make sense.
Note: The money they make from daily auctions can sustain an exchange like this. Don't you think????

-- July 7, 2006 10:52 AM ∞

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Outlaw wrote:

Roger,

Yes... I agree with you... One of our ships brought it down when they came up with the conclusion it was headed for Hawaii.

Outlaw

-- July 7, 2006 10:59 AM ∞

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TAYLOR wrote:

Well.. I just pulled this from a conversation on aboutdinar.com it sounds interesting. I can only hope its remotely true.

Secret is easy look at the article. It talks about "rampant inflation" like Russia in the 1990s. Check the facts Iraq does not have rampant inflation. The article states the smallest denomination note is 250 dinars but I hear there are 50 dinar notes on the street and there are also 25 dinar coins that are also denominations. The IMF agreed to a SBA with Iaq in Dec 2005, if Iraq needed economic boosts why haven't they utilized one cent of the SBA? Don't forget the President can authorize the use of the ESF (Exchange Stabilization Fund) to shore up Iraqs exchange rate and also the IMF can utilize ESF (Exogenous Shocks Facility) funds to also help. Not to mention the DFI will most likely be turned back over to the GoI after July 17th and then theres the whole monetizing of the oil which Iraq can now use toawrd its exchange rate. The oil sales up until the DFI is released go into the DFI which is extensively monitored by the IAMB and is to be used exclusively for reconstruction not exchange rate shoring. Don't even get me started on the fact that Iraq has secured 80% debt reduction worldwide.

Bottom line.....Iraq has ABSOLUTELY no justification of a zero lop on their currency and as a member in good standing with the IMF they will not be allowed to lop ANY zeroes off their currency. If Iraq does chose to take this drastic and un-called for measure they will undoubtedly have chosen to move away form IMF membership which creates a economic collapse for Iraq. Without IMF membership the SBA would need to be repaid (easy enough, its unused), the Paris Club agreeement would be null and void as well as the WB support. Nuff Said.
My thoughts...so relax it is just an article."
not sure if i can doo this but i thought it important.

http://www.aboutdinar.com/showthread.php?t=5221&page=11&pp=10

the conversation can be found on this link....

http://aboutdinar.com/viewtopic.php?t=4275&postdays=0&postorder=asc&start=0

-- July 7, 2006 11:19 AM ∞

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SGT AT SPOD wrote:

Good Job TAYLOR!

Makes sense....Doing our homework is the key.

"Pessimism bunts the tools we need FOR sucess, while clear thinking is the path TO success - Confucius"

SGT AT SPOD

-- July 7, 2006 11:46 AM ∞

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Turtle wrote:

You're also missing the effect of such a decision on ground level. Imagine the raction of an Iraqi populace that goes ot bed one night with 1,000,000 dinar in the bank that is just enough to pay the rent. Wakes up the next day with 1,000 dinar in the bank and cannot even afford a loaf of bread. Notice Europe and the effect on some countries of switching to the Euro. This would be nuclear compared because all stores, etc, will not revalue their good overnight. Nor are they likely to have x amount in 250k notes or x amount in 25 dinar notes. Beyond that obvious problems in transition, anyone who knows anything about Arabs knows that perception is EVERYTHING. They see their bank accounts take a 000 hit... This turtle is dropping his armor at the nearest IBA and growing wings for home. That folks would not just be financial crazy but social suicide in this country right now.

-- July 7, 2006 12:23 PM ∞

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Sara Madgid wrote:

Today there was a GREAT post on another site.
I asked permission to quote it here.
I thought you might like it as much as I did. :)

Sara.

===

http://www.msnbc.msn.com/id/13738902/

OK, I believe this to be the meaning of that article...

Quote:

"Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency", the finance minister said on Thursday.

MEANING:
Iraq is poised to release the lower denominations that have already been printed so that they could be used in normal every day commerce once the value of the dinar has been raised to near parity to the dollar.

Quote:

Senior government and central bank officials have told Reuters the proposal has been under consideration for some time to "make one new dinar equal to 1,000 current dinars, a move that would bring the currency closer to parity with the U.S. dollar".

MEANING:
Simultaneously along with the release of the smaller denominations, the value of the 1,000 dinar (which is now worth .68 dollars) will become the value of the newly released 1 dinar. By doing this, it would bring the currency closer to the same value of the USD.

Makes sense to me! 1 dinar = .68 USD or 1,000 dinar = $680 USD This would equate to the 25,000 dinar = $17,000 USD

===End of post===

Thanks so much for the permission to repost it! :)

I hope the board finds it as interesting as I did.

I think the articles are Doublespeak:

"Deliberately ambiguous or evasive language."
http://dictionary.reference.com/search?q=double%20talk

I think they are being intentionally ambiguous.
Later they can say "but we said it!" and be telling the truth.

Sara.

-- July 7, 2006 12:44 PM ∞

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MARK wrote:

I'm not convinced of the argument about the average Iraqi "going to bed with 100,000 Dinars" and waking up with 100.00 Dinars.
Today that same Iraqi goes to bed with 100,000 Dinars with an exchange of 1476.
It's value is still $67.75 U.S
If they lop off the zeros on the currency and make it equal to $1.00 U.S Dollar.
He now has $100.00.
He made money and the current economy can sustain such an increase.
Don't get me wrong, I would love to cash in BIG TIME, I'm just not following TURTLE arguement.

-- July 7, 2006 1:31 PM ∞

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Roger wrote:

Wow...its buzzing on the site, no time for religious discussions or folklore stories now.

Let me just clarify something I saw.

If an Iraqi man have saved up 100.000 Dinars, goes to bed, and next day it's worth 100 Dinars.

No he wouldnt be poor overnight.

Whatever he buys is now priced according to the same buying power as he had the day before.

If the three zero loop will happen, it will happen for everyone. Sellers and buyers, nationally and international, it happens for all aspects of the currency.

So if the Iraq man could buy one whatchamacalit for 100.000 Dinars yesterday, he can buy one for 100 today.

Nothing changed for him.

There is one big downside , and I hope the Iraqis are considering this, with regards to taking off three zeros, and peggig it to the dollar.

The Dinar have never been tested, it has never in it's new existence been able to build up any trust. Right now it's holding its position because it's pegged.

Another currency (Dollar) is more or less holding it's hand right now.

The only condition in which it can gain real trust and confidence is, when its standing on it own.

When the Dinar will be freely sold and bought, is the only time it will show its real value.

If the Iraq decides to loop off thre zeroes, make it in par with the Dollar, and after that let it loose on the free market, the risk is very high it will take a nosedive straight down to it's real value again, and then they are right back where they started.

If I would be in a lobbying position in Iraq, I would rather lobby for the proposal of , just let the Dinar lose, let it bear it's own weight, let it gain trust, and lets determine exactly what it's real value is.

Then, if it stabilizes in a range where we have too many zeroes on the currency, we could just loop off whatever zeroes we need.

Doing it in another sequence would put it in the jeopardy of doing the job twice, and that WILL be harmful for the Dinar.

-- July 7, 2006 1:34 PM ∞

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Okie wrote:

Mark….

I read your posting with interest regarding your theory of 25000 dinar=25 dinar=25USD.

If you look at this from the perspective of a small businessman or citizen of Iraq you can see why they might not agree with you. Consider this:

A small businessman, in pre-war Iraq, has built up his business and managed to stash 1,000,000 dinar in his savings. A dinar at that time was worth around 33 US cents making his stash worth 330,000 USD. Now along comes the war and his business goes in the toilet but he still has his 1,000,000 Dinar.
After the war, a 1 for 1 dinar swap and a few rounds of sadiki juice he goes into the market and finds out his 1,000,000 Dinar is worth only 675 USD. After more sadiki juice and bouts of depression he goes back on the street and goes to work for one of the militia groups that will pay him 100USD per day to shoot people from a different religion.
Now a new currency dealer shows up and offers him 1000USD for his 1,000,000 dinar ((1,000,000/25,000) x 25) = 1000USD. After it sinks in that he’s getting screwed again, and many more rounds of sadiki juice, he grabs his automatic weapon and heads back to the street in hopes he can bag Al-Sadr today and get a bounty.

The goal of the current Government is to make his 1,000,000 dinar worthwhile (example = 68 US cents per dinar), get his business going again, cut back on the sadiki juice and allow him to move forward without a weapon in his hands.

Anyway….that’s how I see it…..

-- July 7, 2006 1:55 PM ∞

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MARK wrote:

OKIE,

Thanx for the response, I never took into consideration the pre-war value. That's a great point thanx. gotta go, will post later. MARK

-- July 7, 2006 2:05 PM ∞

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Terri wrote:

LOL, Okie, that was good -- clear, funny and in all probability a somewhat accurate and descriptive senario

-- July 7, 2006 2:08 PM ∞

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Okie wrote:

Sara....

Your last posting, as always, clarified a lot of confusion. Thanks :)

-- July 7, 2006 2:13 PM ∞

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Turtle wrote:

Ahhh I see... I forgot that Sadiq on the street trusts this government enough that he would not raise utter mayhem after being told that the 1 dinar will have tommorrow will buy as much as the 1,000 he has today. Then when tomorrow comes and all the Mom and Pop stores, not many Wlmarts here, have not revalued their stock to match the banking changes...

Naaaa I have to agree with the theory that they will revalue and print more bills of the smaller denominations. If I'm wrong, oh well... But, I know for certain there will be a major problem on the streets here if they do suddenly cut bank accounts by 000. This government is better served to create a bunch of millionaires than to stir the poverty soup. People accept money to make suicide runs because they are able to feed their families by their death. Take away that incentive and you further hender the insurgency. Happy men go home, marry another wife, and produce 10 more children. Anyway, just my opinion and worth much less than the dinar I bought either way.

-- July 7, 2006 2:23 PM ∞

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Turtle wrote:

Wow.. That's what I get for typing slow... Good on Okie and pretty much on the same page. Well put though, I like it.

-- July 7, 2006 2:28 PM ∞

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Turtle wrote:

Oh wait... to drive your point home further. Wasn't the Dinar inflated to 1 dinar equals $3.30? So his 1 mill pre-war was worth $3.3Mill. He's still not breaking even at 1 to 1 but maybe he's not killing people after going from $3.3mill to $800. Man, and I was a little downed over the idea of only making 50% on my investment.

-- July 7, 2006 2:32 PM ∞

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Okie wrote:

Turtle.....

I agree with you about the guy on the street. Until they cut back on unemployment and get the people back on their feet the gangs will roam the streets.

As you well know, small shops are essential to them.

Com'On Dinar....

-- July 7, 2006 3:15 PM ∞

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RobertD wrote:

Hey Gang,
It is evident to me that there is someone else posting under my name (Robert). My last post was about the reprint back on the 3rd or 4th. Since then, I have noticed that someone is using my forum name "Robert". Since, I have been on board for almost a year and a half, I thought that I had clinched the name/spot. In the future, I will post under RobertD. If the person who is posting under "Robert" reads this, just continue posting. So, any posts from "Robert" from July 4th to the present, is not from me. And, any posts from "Robert" in the future is NOT from me. All my posts will be RobertD from now on out.

-- July 7, 2006 4:40 PM ∞

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smooter wrote:

Just wanted to know if anyone has a definitive reason why the CBI dinar auction of 7-2-06 had such a decreased dollar volume of $15mil US. vs. an average of $40mil US.

-- July 7, 2006 4:51 PM ∞

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FirstBob wrote:

I believe Roger alluded to this in his post:

If you have 1,000,000 dinars and the zeros are lopped off,
you then have $1,000 USD if the dinar is then on par with the dollar.

Subtract whatever you paid for your million dinars from the $1,000 and that amount is profit.

We won't be any worse off if this happens plus we have the original prospect of it moving up on the world market.

-- July 7, 2006 9:06 PM ∞

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Carl wrote:

Well! Guy's....
Looks like we have us a POW - WOW !
I just came in off of the road for a couple of days...so I'm in the process of catching up on the latest skuttle...

After all of the projecting I see being done on the board about what are the intentions of the Iraqi Finance Minister such as; Is he going to do this, maybe he is going to do that...or SWAG what he is going to do.... has one common ending..... nothing has happen yet...so nothing is fact...everything is strictly spectculation...So! if you want to spectculate do it on the positive side..its good for ya blood pressure..
One thing is for certain...they are going to do what they want to do...neither you or I have any control over what is about to happen....the dinar train may be moving...it may not be moving...will you loose money on the deal if they lop 3 zero's ? Well! it might be two or one or none

Will the dinar produce the type of millionaires that we all thought would occur? Don't know!

Ministry of lies...
First I want to say your comments about Sara brought back some memories of my old police investigator days...
It kind of gave me the warm and fuzzes if you know what I mean...

I haven't seen such communicative intellect since I use to interrogate the morons in the mental ward of the County Jail....... I use to think I met some idiots who had shit for brains...but "B O Y" you must have reached and got yourself a extra handfull when no one was looking...

But then again maybe you just have what we in the South refer to as "The Little Man's Attitude" ...You know ...little hands......little nose....... Little feet.......little voice that goes squeak... squeak..squeak...

now I know that sometimes little people have no one to love or love them....but you really shouldn't take your pent up feeling out on her......Now! LISTEN TO ME!!! Get up from the chair rite now and go get the Sgt of the Guard...tell him you have been playing on the big ole computer again...and that you have been a BAAAAAAD BOOOOOY....I really don't thank they are going to let you out for a while...but when they do....you can come back to play with us if you behave and be nice...

Tell them to give you a lollipop before they take you back...

-- July 7, 2006 9:29 PM ∞

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Outlaw wrote:

Well Gang,

It really appears that everyone is grabbing for straws on this one...

I think if this comes about like Okie and myself have stated , one thing might be a saving factor...

The CBI trying to convence a lower educated Iraqi that he is better off trading his million Dinars for a thousand. I can't see the Iraqi's understanding that concept. As stated before... "Time will tell!"

Outlaw

-- July 7, 2006 11:01 PM ∞

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smooter wrote:

I posted earlier concerning the auction of 7-2-06 $15mil and the disparity between the amount of this date and the average $40mil. It seems to me this is a fact and something tangible to give us a clue to what is about to happen. I'm a newbie but what is fact is more an indicator to hang any speculation on than reports from any sources. Any thoughts on why this CBI dinar auction was drastically lower than the average.

-- July 8, 2006 1:05 AM ∞

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Outlaw wrote:

Smooter...

Your guess is as good as ours...

Outlaw

-- July 8, 2006 1:41 AM ∞

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Sara Madgid wrote:

Welcome Back, Carl!

Thanks for the post! :)

Lots of interesting Dinar speculation going on.. :)

Sara.

-- July 8, 2006 2:07 AM ∞

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Bob wrote:

What happened? This place was buzzing last night and now it is like a yawning conference.

-- July 8, 2006 7:43 AM ∞

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TAYLOR wrote:

SHHHHHH!!!! Were hunting wabbits.....

-- July 8, 2006 10:19 AM ∞

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Sara Madgid wrote:

Someone found some wabbits.. that were hiding.. and smuggling weapons, too..

Sara.

====

Iraqi Forces Capture Wanted Extremist
Jul 7, 7:42 AM (ET)
By SAMEER N. YACOUB

BAGHDAD, Iraq (AP) - Iraqi forces backed by U.S. aircraft battled militants in a Shiite stronghold of eastern Baghdad early Friday, killing or wounding more than 30 fighters and capturing an extremist leader who was the target of the raid, Iraqi and U.S. officials said.

In another operation, Iraqi troops backed by U.S. soldiers arrested a top regional commander of a Shiite militia near Hillah, a U.S. statement said. The moves appeared part of a crackdown on sectarian militias blamed for the escalation in Shiite-Sunni violence that has led to fears of civil war in recent months.

The U.S. military said the raid in Baghdad's Sadr City slum was launched to apprehend "an insurgent leader responsible for numerous deaths of Iraqi citizens." He was arrested after a gunbattle between Iraqi forces and insurgents, the U.S. said.

There were no casualties among U.S. or Iraqi soldiers, the Americans said.

U.S. officials did not identify the insurgent leader but residents of the Shiite neighborhood said he was Abu Diraa, a commander in the Mahdi militia of radical cleric Muqtada al-Sadr.

The U.S. statement said the militant leader was involved "in the transfer of weapons from Syria into Iraq" in an effort to break away "from his current insurgent organization." In a statement Thursday, the U.S. said Iraqi and U.S. forces also arrested Adnan al-Unaybi, commander of a Mahdi militia force south of Baghdad. The statement said he was arrested north of Hillah, about 60 miles south of Baghdad.

http://www.rawstory.com/showarticle.php?src=http%3A%2F%2Fapnews.myway.com%2Farticle%2F20060707%2FD8IN4HJO1.html

-- July 8, 2006 12:50 PM ∞

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Sara Madgid wrote:

Iraq May Take Control of Half its Provinces in 2006, U.S. Says

July 7 (Bloomberg) -- Iraqi armed forces may take responsibility for security in half the country's provinces by the end of the year, U.S. Brigadier General Kurt Cichowski said. Muthana province in the south will be the first of 18 provinces entirely transferred to Iraqi forces, said Cichowski, the U.S.-led coalition's top representative on the Iraqi government committee that decides whether provinces have met the criteria needed for a handover.

``We are in the very last stages'' of arranging the Muthana handover, Cichowski said in a televised briefing from Baghdad. ``I will tell you, it is our hope that approximately half of the provinces by the end of the year will have done this security transfer.''

Iraqi forces have already taken control of portions of provinces. Most of Diyala province, northeast of Baghdad, was handed over to Iraqi control earlier this month.

Insurgents Killed

The Iraqi army killed or wounded as many as 40 insurgents in Baghdad today, as it conducted operations in the capital as part of Prime Minister Nuri al-Maliki's security plan, the U.S. military said earlier today in an e-mailed statement.

Iraqi forces were conducting a raid in eastern Baghdad when they were attacked by gunfire and rocket-propelled grenades from a nearby rooftop, the military said. The Iraqi army returned fire during a 43-minute gun battle, the U.S. military said. A ``high-level'' insurgent leader was detained in the building from which the fire came, it said.

``The captured individual heads multiple insurgent cells in Baghdad whose main focus is to conduct attacks against Iraqi and coalition forces,'' the U.S. said. ``He and his followers have kidnapped, tortured and murdered Iraqi citizens, and he is also personally responsible for the killing of two Iraqi soldiers.''

http://www.bloomberg.com/apps/news?pid=20601103&sid=aBeEwF_gEMRg&refer=us

-- July 8, 2006 12:54 PM ∞

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Okie wrote:

Kurdistan is moving faster than Baghdad on getting critical laws passed for investors.....Looks good!

2006/7/7 - The parliament of Kurdistan region unanimously approved a new investment law this week in hopes of luring foreign capital to the region.

"We hope the passing of this law will entice foreigners and locals to invest here so we can rebuild infrastructure in the areas of industry, agriculture and transportation," said Dler Haqi Shaways, head of the Arbil-based Kurdistan parliament's economic and financial committee. "This law will offer investors guarantees and facilities with regard to taxation and custom tariffs."

http://www.kurdistantv.net/nivisek.asp?ser=20&cep=1&nnimre=1161

-- July 8, 2006 8:44 PM ∞

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Rob N. wrote:

All:

I moving forward with a purchase of another 2,000,000 Dinar. In the long run, I think it wise.

Thanks,

Rob N.

-- July 8, 2006 10:02 PM ∞

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Techy wrote:

Hello Rob N,
Just curious to what denominations you are going to purchase your dinars in.
Two months a go i also purchase 2 million all in 1000`s. Sorry to be nosey, just that with all this latest hype of zero lopping, i am wondering if i should have just paid the extra cost and got smaller denominations, as i now feel this would have been a safer option.

Kind Regards Techy

-- July 8, 2006 10:59 PM ∞

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Roger wrote:

Techy,

The denomination of your Dinar bill won't matter, it has no bearing at all on the "zero looping" concept.

A 1000 Dinar bill will be 1 dinar, 5000 will be 5 Dinars and so on.

The only difference will be that your physical stash of money will be bigger.

Rob N,

Yes, I would not argue against purchasing Dinars. If you go ahead and buy 2 mill, you will pay somewhere in the vicinity of 1350 and 1500 dollars depending on your source.

If this zero loop, and dollar peg takes place in august as proposed, you made immediately 500 bucks or better.

If you hang in and wait until it's projected 3.50 cents to the dollar in a couple of years from now, your 2 mill Dinars are worth 7000 bucks, minus what you bought it for, 1500, makes a small profit of 5500 yankee dollars.

Either way, you wont lose, you wont be a mega millionaire, but you are doing a very healthy profit on the investment.

That is, if they are doing the zero loop trick.

Turtle,

No with the proposed zero loop and dollar pegging, you would do more than a 50% on your investment.

If we start from what you have now, and count one million Dinars, as the working figure, and assume you have bought it for 750 Dollars, the profit will be as follow.

At the time of zero looping/dollar pegging, you have Dinars in the value of 1000 dollars = $250 profit.

Dinar at value of 2 Dollars you are sitting on 2000 Dollars value minus purchase equals profit of 1250 dollar.

Dinar valued at 3 dollars , (minus purchase) profit 2250 dollars.

And so on.Just fill in the value of the Dinar, minus the purchase and you can calculate your profit at any level it hits.

A profit of 2250 Dollars on an investment of 750 dollars is pretty substantial, and is in a range far above 50% profit. However AT THE TIME of the zero loop/dollar peg, you're pretty much in that range

First Bob,

You got it.

Robert and Robert D,

Who's on first?

-- July 9, 2006 1:20 AM ∞

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Roger wrote:

Techy,

correction, the only difference will be that your physical stash of Dinars will be bigger if you have 1000 Dinar notes as opposed to bigger valued Dinar notes.

-- July 9, 2006 1:24 AM ∞

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Sara Madgid wrote:

Munitions Found in Iraq Renew Debate
Panel Is Divided Over Whether Troops Uncovered Weapons of Mass Destruction

By Walter Pincus
Washington Post Staff Writer

Do the 20-year-old Iraqi chemical munitions found by U.S. and coalition forces support the prewar contention that Saddam Hussein had weapons of mass destruction, and justify the invasion of Iraq?

That question divided Republicans and Democrats again this week, this time at a hearing of the House Armed Services Committee on the estimated 500 rockets and artillery shells containing degraded mustard gas or sarin nerve agent.

Committee Chairman Duncan Hunter (R-Calif.) contended that an April report by the U.S. Army's National Ground Intelligence Center (NGIC) is clear evidence of Hussein's weapons of mass destruction.

"Some may want to play down the significance of this report or even deny that WMD have been found in Iraq," Hunter said at Thursday's hearing..

Citing the United Nations resolutions that called for destruction of all of Hussein's banned weapons, Hunter added that "the verified existence of such chemical weapons" proves they were not destroyed and "in part because of such violations, we voted to authorize the use of force in Iraq."

Rep. Susan Davis (D-Calif.) asked whether the munitions could be characterized as "the Golden Oldies of weapons of mass destruction." Maples said he was "not sure what Golden Oldies are" but added that the munitions were "dangerous. . . . even in a degraded mode, they will produce hazardous and potentially lethal effects and that we would categorize them as weapons of mass destruction."

Maples acknowledged that the shells were "a potential risk to our service members in Iraq" but not to 275 million Americans.

That caused Rep. Terry Everett (R-Ala.) to ask, "If some bad guys got this stuff and sneaked it into New York City and put it [into] the subways there, would it kill people?" Taken aback slightly, Maples responded, "Potentially . . . yes, sir, it would."

http://www.washingtonpost.com/wp-dyn/content/article/2006/06/30/AR2006063001528.html?nav=rss_world/mideast/iraq

-- July 9, 2006 6:12 AM ∞

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Bob wrote:

Sara....any new news or speculation on the Dinar?

-- July 9, 2006 6:54 AM ∞

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Sara Madgid wrote:

QUOTE:

Do the 20-year-old Iraqi chemical munitions found by U.S. and coalition forces support the prewar contention that Saddam Hussein had weapons of mass destruction, and justify the invasion of Iraq?

That question divided Republicans and Democrats again this week..

===end of quote===

Considering the debate referred to in the above article, I think what we have are two polar opposites of opinion.

The first, held by the Liberals and Main Stream Media (MSM) takes the small picture. It says that we didn't find anything to justify the war on terror when we went into Iraq, that the deaths of service members are futile and purposeless, and that there was and is no threat to the United States from these terrorists, including Saddam.

The second, held by Conservatives (and, one might presume, the Bush Administration) takes the BIG picture. (It is also not discussed much so I will elaborate it a bit here.) It says that 911 was a wakeup call that the US has enemies who wish to kill innocent civilians and WMD in the hands of people like this is a potential threat we could not ignore. Going into Iraq was based upon intelligence that some WMD existed there and could be sold abroad to terrorist groups like the one which attacked the US on 911 so that potentially millions of American lives could be lost. Saddam is no friend of the US and there is every indication he would take this course of action and sell these weapons abroad. The price of NOT acting is too high, and we must pay the cost necessary to secure the US from this danger which is posed by Saddam's possession of WMD which could result in further attacks on the US. The finding of these FIVE HUNDRED munitions which could have been sold abroad and then have made their way over the very porous US borders into the country with the intent to use them against innocent US civilians DOES INDEED justify taking the war to Iraq. Therefore, the invasion of Iraq is justified and the deaths of service members - while a terrible price to pay - is not without purpose but is necessary to secure the US (and the world) from very real and lethal WMD terrorist threats. (Don't forget London or Madrid, etc.. the threat is global in scale. Any of those FIVE HUNDRED munitions in a London or Madrid populated area would be equally as deadly.. ) Those who ignore these facts are simply ignoring the BIG picture - which is like concentrating on the loss of pawns in a chess game rather than winning the entire game of chess. It makes no sense strategically to concentrate on the small picture and the only ones who might be fooled by the playing up of the small picture are civilians who are ignorant of military strategy (or chess). The unfortunate thing is.. the voters who elect the government are not military but civilians, and if polls speak anything they tell us the story of civilians who can indeed be deceived by the old shell game and slight of hand.. by those selling the small picture and not even discussing the BIG one (or its threats).

Sara.

-- July 9, 2006 6:56 AM ∞

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Sara Madgid wrote:

Bob;

Nothing really to add to my last post, here:

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121989

I think we are just waiting to see how the Powers That Be will handle this SUGGESTION about making the Dinar EQUAL to the US Dollar. If zero lop, as Roger pointed out, we are not actually LOSING money.. He said, quote:

"A profit of 2250 Dollars on an investment of 750 dollars is pretty substantial, and is in a range far above 50% profit."

===end of quote===

So the zero lop aspect is not a loss and if it is the other way, we do make a large amount of money. As far as I can see..

Either way.. we win! :)

Sara.

-- July 9, 2006 7:05 AM ∞

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Techy wrote:

Roger,
thankyou for your comments as i do really appreciate them. Allow me elaborate on the dinar denomination discussion. When i said lower denominations i was refering to 50`s that are availble, but these are for some reason almost twice as expensive to purchase than the 1000 dinar bill. Are the dealers hiding something from us? As this does not make any real sense to me.

-- July 9, 2006 7:35 AM ∞

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Nelly B - Investor wrote:

Regarding the internal raise in value of the Dinar by 45% that was being talked about by Taxmama on the 30th of June:

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121644
http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#121689

This does seem to fit perfectly with the concept of making 1450 Dinars =1 'NEW' Dinar =1 Dollar.

For example:
1) Take 1450 current Dinars, lop off 3 zeros = 1.45 'NEW' Dinars,
2) Revalue so that 1 of these 'NEW' Dinars = 1 Dollar
3) The current Dinar (NID) has now raised in value by 45%

To me, this does now seem to be the most likely course of action, or a revalue by a similar amount. This way, the currency increses in value by a substantial amount, but one that the Iraqi economy can currently sustain.

As for the arguement about Iraqi citizens with pre-war stashes of money that would be so devalued if only a 45% raise were to happen, that they would run out and shoot everyone, that does not hold much weight for me either... Since the U.S. Invasion in 2003, the worth of Dinar has plummeted to an incredible low. For any Iraqis who had a significant stash of money before the invasion, their money is worthless. I wonder how many Iraqis even have a sizeable stash left after 3 years of conflict, looting and crime. In my opinion, this is one of the reasons that previously wealthy citizens have shown so much resistance to the western invasion. Remember also that the old Saddam dinars were never exchanged internationally, so were never tested as to their worth outside of the region.

I would love to see the scenario where 1 current Dinar = 0.68cents or thereabouts. I just cant see how this could be afforded by Iraq, not in the short-term anyhow.

It is my understanding from previous posts, that there are trillions of dinars currently in circulation, both in Iraq and held by governments and individuals in other countries. According to this link http://www.cpa-iraq.org/pressreleases/20040115_exchange_end.htm , it is about 4.5 trillion... 4.5 trillion = 4500 billion. (4,500,000,000,000). Or 2520 tonnes in weight! (I wonder how much would UPS charge to have that stash delivered to your door?!)

Divide 4.5 trillion by 1450 and you get $3,103,448,275 (equivalent in U.S. Dollars). If they suddenly made 4.5 trillion dinars = 68.c each, thats $3,060 billion ($3,060,000,000,000)

I'm no economist but an estimate of $3,060 billion ($117,692 for every man, woman and child in Iraq) seems a lot, based on Iraq having a population in the region of 26,000,000.

This former optimist, with over 4 months of wages invested in dinars is starting to think a 45% increase is as good as we are likely to see, in the short to medium term, even assuming we will be able to exchange our dinars. Whilst this is still an excellent investment, compared to almost any other, it is no-where near the yields that have been anticipated by many on this forum.

I'm not so sure of the practicalities of the revalue in real terms, for the Iraqis. My own thinking is that there would need to be an entirely new set of notes printed, with lower denomination, which would need to be exchanged at the banks. I.e. for every 1450 NIDs that were handed over the counter, they would get back 1 New, New Dinar with the equivalent value of $1 or thereabouts. The Issue of the NIDs, that replaced the old Saddam dinars was payed for by the U.S. at a cost of around $130,000,000. Surely this is not an amount that would prevent a reissue of a revised value Dinar?

Nelly B - Investor

-- July 9, 2006 7:48 AM ∞

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Techy wrote:

For got to mention that as the 50 dinar note is a very small denomination, i can not see the CBI zero looping this note, as it would most probably become the biggest denomination after they have lopped the bigger denominations. Sorry to drag this out, but i am think of getting some more dinar and would like your thoughts on this theory.

Thankyou Techy

-- July 9, 2006 7:55 AM ∞

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Nelly B - Investor wrote:

Oops! I meant I would love to see the scenario where 1 current Dinar = 0.68 Dollars, (not cents) or thereabouts. I just cant see how this could be afforded by Iraq, not in the short-term anyhow.

-- July 9, 2006 8:01 AM ∞

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TAYLOR wrote:

FOREIGN EXCHANGE [foreign exchange] methods and instruments used to adjust the payment of debts between two nations that employ different currency systems. A nation's balance of payments has an important effect on the exchange rate of its currency. Bills of exchange, drafts, checks, and telegraphic orders are the principal means of payment in international transactions. The rate of exchange is the price in local currency of one unit of foreign currency and is determined by the relative supply and demand of the currencies in the foreign exchange market. Buying or selling foreign currency in order to profit from sudden changes in the rate of exchange is known as arbitrage. The chief demand for foreign exchange within a country comes from importers of foreign goods, purchasers of foreign securities, government agencies purchasing goods and services abroad, and travelers.

An interesting way to look at it is by looking at a huge company like microsoft... Investing 1,000 20 years ago when it first arrived would have yielded millions today. Now on a global perspective.. this is just a 1 company. Now lets look at Iraq. Equal in size to about the entire state of Claifornia... (not just silicone valley) They are switting upon trillions of dollars of oil, water, food and other untapped markets. Things are rapidly improving. Shouldn't the currency remain exactly as it is to reflect overall growth as the country grows? Why lop zeros when the country can move to par without lopping? That last artice about lopping was definately a let down.. but how plauible is that suggestion. We can only wait and see....

-- July 9, 2006 8:58 AM ∞

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Carl wrote:

Nelly B.....
Good Post... especially about what "tax mamma" was thinking...
Hmmmmmmm!!!!!

-- July 9, 2006 9:28 AM ∞

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RobertD wrote:

Roger,
It doesn't matter to me who's on first. I've already told the other "Robert" to continue posting under that name, and that I would change my forum name.

-- July 9, 2006 9:56 AM ∞

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Terri wrote:

Good morning everyone.

Roger, I've been reading this site daily (LOL, usually more) -- I MUST have missed something...

In your previous post you wrote: "If this zero loop, and dollar peg takes place in august as proposed..." WHERE DID YOU HEAR/READ ABOUT IT TAKING PLACE DURING THE MONTH OF AUGUST? Hum, I really must have missed something! Please advise...thank you.

-- July 9, 2006 10:07 AM ∞

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TAYLOR wrote:

What this site needs is a spell check... Words are coming out of my noggin faster than I can get them typed. It should have been "California".. sitting (not switting)..ect.. sorry.

-- July 9, 2006 10:57 AM ∞

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Terri wrote:

Sorry Roger (and others) -- I suppose my husband is correct (this time) -- I just had a "blonde moment"...disregard my previous question about "August"

-- July 9, 2006 11:59 AM ∞

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Okie wrote:

Since everybody is doing their own SWAG on the future value of the Dinar....it's good to have some background data on the subject. This is part of a larger article and is good reading.

dinar (ID)
Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86. Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971. Iraq officially uncoupled the dinar from the pound sterling as a gesture of independence in 1959, but the dinar remained at parity with the pound until the British unit of currency was again devalued in 1967. One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began. Upon the devaluation of the United States dollar in 1973, the Iraqi dinar appreciated to US$3.39. It remained at this level until the outbreak of the Iran-Iraq War in 1980. In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt. In early 1988, the official dinar-dollar exchange rate was still ID1 to US$3.22; however, with estimates of the nation's inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar's real transaction value, or black market exchange rate, was far lower-- only about half the 1986 official rate.

http://historymedren.about.com/library/text/bltxtiraqglossary.htm

-- July 9, 2006 12:55 PM ∞

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Turtle wrote:

I have to ask your take on something. What is the point of printing new denominations of money and revaluing the currency such that 1,000 now equals 1? Economically, you gain from the RV not the value printed on the paper. Also, you just cost your country a lot of money printing new paper. I don't see the wisdom in this decision. Unless they wish to make it easier for Americans to understand currency conversion, why create a new currency? I see a lot of negatives and no positives.

-- July 9, 2006 4:09 PM ∞

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Roger wrote:

Terri,

Dont worry, on occasion I also need to tighten my headbolts.

Techy,

It doesnt matter, a Dinar is a Dinar, it's like asking if you should get you paycheck in $20 bills or $1 bills. You still get the same pay. (meaning they still pay you enough to makeyou come back tomorrow and do it again)

If a Dinar dealer is asking more for one denomination than the other, he's trying to outsmart you, making you believe some of the currency is "special", or harder to get or ....or....or... it's not, its just Dinars.

If you buy Dinars in some bigger quantity, I suggest buying the biggest possible denomination, 25.000 Dinars. You might get away with a smaller cheaper safetybox that way.

Now, if you are a money collector, and not an investor, this reasoning might not be valid, as now you want as many coins and denominations as possible for each currency, but thats another story.

If Russian President Putin, would have some long blond hair hanging from his side, wouldnt he look like Riff Raff in Rocky Horror?

-- July 9, 2006 4:44 PM ∞

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Roger wrote:

....Brad....Janet...DrScott....Brad...Janet...DrScott...

-- July 9, 2006 4:49 PM ∞

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Okie wrote:

If Maliki wanted to discuss security, he could do this on the phone. Maybe he wants to announce something bigger??????

BAGHDAD, July 9 (Reuters) - Iraqi Prime Minister Nuri al- Maliki plans to discuss with U.S. President George W. Bush giving more security powers to his government when he visits Washington soon, a senior Shi'ite official said on Sunday.

"The defence, interior ministries and the government in general want more powers in moving and solving the security problems," said the official from the ruling Shi'ite Alliance.

http://www.alertnet.org/thenews/newsdesk/IBO949934.htm

-- July 9, 2006 6:37 PM ∞

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Sara Madgid wrote:

Turtle;

I have to agree with you. It makes no sense whatsoever to do a currency reissue in my view as well.

Sara.

-- July 9, 2006 11:11 PM ∞

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Carl wrote:

It turns my guts...
When I continually read about the one for one...tit or tat killings of the Sunni's then the Shia...it is a blood feud, that I am afraid will continue for sometime without drastic measures being taken...

My thoughts are you must ...immediately remove the interior of ministry for someone who is willing to be decisive and retributive with the police and military acting in conjuction with the militas and insurgents..

Quickly punish the police and security personnel who are participating in the kidnappings..etc
Execute them in public within 24 hours of being found guilty of any crime against the people.. Insurgents, Iran, etc know that if you undermine the confidence the citizens have in their government to protect them, you have just created a government is name only...the people will start to turn away from the established paper government to the organization they know will protect them...thus Sadr gains more power...indirectly Iran gains a better positioning of control over Iraq...

Immediately arrest Sadr and hold his leaders responsible for the attrocities that can be proven against them...

The corruption of the politicians,ministries,employees, police and security forces are undermining the foundation of the new iraqi government....after a while even the smallest of leaks will destroy a dam..these need to be executed immediately..with as much publicity as possible...

There is no one solution....but the abitrary killing of individuals throughout such as just occurred could not have happen without the assistance of the security forces including military and police...These units are are controled by the interior ministry...it is easy for the police and military to be somewhere else when told to do so... we have turned over the security to the iraqi forces and this is what the Iraqi people get in return...

Are my solutions drastic...yes! Drastic measures have to be taken against DRASTIC EFFORTS TO COLLAPSE THE HOUSE...

As for as the dinar goes..I do not believe we will lose money on this adventure....if the security situation can be solved in the violent providences..most investors will gain a respectable profit...will we be become millionaires? ....if they drop the zero's as being discussed ...you will not ...that is the plain simple facts...it appears Iraq is not going to be another Kuwait in relation to the valuation of currency...the infrastructure was too bad...the ethnic hate is so pervasive..the corruption is deeply ingrained as a way of doing things...it is going to take generations dying out before you see the Iraq as projected...

Outlaw is right about one thing...there are iraqi's in the finance ministry that hate our guts...they are going to do everything they can to keep "YOU" from getting rich off of their weakness and inability to act civilly toward another ...if they get their way...you and I will walk away with empty hands and they will laugh at the stupid americans for being so naive..

The only thing that will keep that from happening is the fear of losing status and trust of the international community...The well being of you and I are not even on their radar...

-- July 10, 2006 9:29 AM ∞

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Sara Madgid wrote:

Carl wrote:

Outlaw is right about one thing...there are iraqi's in the finance ministry that hate our guts...they are going to do everything they can to keep "YOU" from getting rich off of their weakness and inability to act civilly toward another ...if they get their way...you and I will walk away with empty hands and they will laugh at the stupid americans for being so naive..

===

The problem with people who try to stop "YOU" from ever profiting from the Dinar RV is that to do so they "cut off their nose to spite their face". That is, they hurt THEMSELVES far more than those they wish to injure (us).

First, the longer they delay paying out to speculators by NOT Revaluating their currency, the more they lose. The amount of money they could have made had they RVed last year.. in interest alone.. staggers the imagination. The fact they could have reinvested that Revalued amount and actually profited from it domestically or on the world market, the "opportunity cost" to Iraq has been - and daily continues to be - ABSOLUTELY HUGE!!! Every day they don't RV they lose more revenue to the tune of millions...

It may be a lofty goal to stop all the speculators from taking their little bits of profit at what they think is "Iraq's expense" but we helped make the currency valued and stable by our little bits of investing in it and in reality we are very small fry. The reality is that the longer they delay Revaluating the more damage they do to THEMSELVES and what they could have been doing with the RVed currency.. in the BIG guys game.

Secondly, damaging Iraqi currency as a viable currency is not wise. Pulling it back or making it only "in country" and not world trade quality is not a good move. Also, making huge "protectionist" changes like a reissue of the currency is destabilizing. They have come a long ways making people feel the currency is stable, a good risk and up to international standards for trading. Now, they would "stick it" to the financial and speculative community by doing something very radical and internally protectionist (like a complete reissue of their currency)? What if the change is viewed as making Iraqi currency more risky? They have to move steadfastly and surely.. without sudden moves which upset the applecart.

I just don't think it is very wise to do these kinds of things when you examine them carefully under the light of reason. Whatever they do, they have to aim at the big picture.. not today, but the future of the country of Iraq. And cutting off their nose to spite their face is just an unrealistic thing to do, no matter how much they "hate our guts". I simply don't think they will do so.

Sara.

-- July 10, 2006 12:28 PM ∞

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Okie wrote:

Carl....

Good posting coming from your law enforcement background. I agree the only thing that would prevent them from pulling the rug from under us is the fear of losing trust with other people or groups.

-- July 10, 2006 12:34 PM ∞

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Carl wrote:

Sara!
You are speaking to the gallery here...I agree it would not be the wise thing to do...but then again when has this culture done anything in step with the Western reasoning process...?

The wise thing to do would be to immediately remove Sdar and the interior minister...I don't believe you have seen that flash indicating they are rushing to do so...and ...I don't believe yo will anytime soon...

Remember! the coalition is only valuable to them if we have a common need....if they thought they could carry the security of Iraq without us....or the american dollar....we would be kicked in the butt so fast you wouldn't know where it came from...

These people are not our friends...don't ever let that leave your mind....the soldiers on the ground there know that first hand..the ones we train today can just as quickly be in our gun sights tomorrow...

Not attempting to be negative...just stating the facts as they appear to me..

-- July 10, 2006 12:57 PM ∞

---

Okie wrote:

Sara....

Good info. in your posting. :)
Hope when Maliki makes his trip to the US he and our President iron out a stable forward path for the Dinar. I believe the path is already set but they still need to execute it in a very smooth manner.

-- July 10, 2006 1:07 PM ∞

---

MinistryOfFlies wrote:

Just wanted to thank everyone for their support and money through the years. Now that the dinar looks like it will either peg to where it is now or they will knock some zeroes off and come up with a new currency, I'm going to get out before I'm stuck with all this worthless dinar. I'd like to especially thank Sara for her optimistic view in Iraq and belief in her greed. Without people like her, the furor and mass buying of dinars would not be possible. My best sale (and I hope it wasn't anyone here) was a 40% markup on some large denominations. Greed is a wonderful thing, isn't it? What people would do if they think they could make millions of dollars. Sure, I'll spend a few thousand and then I'll make millions! Didn't you guys ever listen to your grandmother? - if it's too good to be true . . .
And for all you believers out there - "For the love of money is the root of all evil" and "It is harder for a rich man to enter the kingdom of heaven than a camel to pass through the eye of a needle" - I guess I must be damned! Oh well, I'm going to look for a porsche in a few weeks and will be thinking of all those who have made it possible. And don't worry, I'm going away soon and will no longer have any reason to visit this wonderful board in the future so it's ok to talk about me behind my back. ;)

Ministry of Flies (or my other less noticeable aliases)

Now that I am out of the game, I genuinely hope you guys can recoup your money. I owe a lot to the people on boards like these. People looking to gamble in dinars usually check the web and depend on the boards. Again - thanks.

-- July 10, 2006 1:18 PM ∞

---

Carl wrote:

I believe I just heard a foolish soul laughing.......
I have found that wise souls realize the universe gives you back 3 fold what you put out....
We just heard from one... who is about to learn a karmic lesson...

-- July 10, 2006 1:53 PM ∞

---

Sara Madgid wrote:

Carl;

I agree with you.. it is always subject to the Iraqis and their views. They are now a sovereign nation and have their own say in the world. And though I agree that some Iraqis do indeed think of the USA as their enemy, there are others who are very grateful for all that has been done for them. I do know that many Iraqis are very upset with how the Western media portrays them. It is the MSM which portrays them with the "we hate your guts" mentality. Many of the people in Iraq are tolerant and peaceloving souls... just normal people trying to get by in this life and wishing a better way to live for themselves and their families.

Okie;

I agree with you that the path is set, we are just waiting on the actual execution of the plan. I hope the Iraqis come through this time and am quite optimistic that they will. Maliki's visiting the US in a couple of weeks is also a good sign.

Ministry Of Lies;

You did live up to your name as a minister who gave the board many, many lies to think upon, or disregard. I think the board has enough sense not to pay too much attention to anyone styling themselves as a representative of the force for disinformation (a minister from the Ministry of Lies). And, for the record, the devil also can quote Scriptures out of context. He did in the Bible three times when he tempted Jesus Christ (Matthew 4). The Scripture you quoted says the LOVE of money is the root of all evil.. NOT MONEY, not even making lots of it.. but loving it.. including loving it above God so that it is an idol to be worshipped.

What you call greed has made the Western nations prosperous and is better known as an entrepreneurial spirit and a willingness to take risks. Though there are those who would sell their souls for money within the capitalist system, most rich men and women are not the evil and greedy persons you take them to be or we aspire to be. Look at Warren Buffet recently.. hardly a greedy wicked soul by his philanthropic actions, is he? Or Bill Gates.. have you seen his foundation that Warren gave to? THAT is the actions of greedy "get rich" soul such as we are? You accuse us of greedy motives, but you have no foundation for saying it is so when you do not know how money would affect our lives or how we would conduct ourselves should we be blessed with monetary riches.

I believe that you would make a good Communist, since they also dislike anyone making a profit and consider all "capitalists" to be "greedy" and "oppressive". However, when you compare the everyday man's life under Communism, say.. in China or North Korea, with the everyday man's life under Democratic Capitalism - on the whole I think the legacy of what you call "Greed" speaks for itself. You don't see people fleeing 'greedy' capitalist countries to go live in 'non-greedy' Communist ones for a reason.

Some people bless us by their coming, others by their leaving..

Sara.

-- July 10, 2006 3:41 PM ∞

---

Roger wrote:

Ministry of Flies, or Lies or whatever,

Do you want some cheeeeese to that whiiiiine.

So I understand you have bought Dinars......why???

Not that I think you are greedy, only any other that did it must be.

I bet you have been dreaming so seriously about your millions, that it almost became real to you. It was so real that you were there already, it was just a matter of cashing in.

Your whole world fell into pieces suddenly, your whole idea of your future dissapeared, and the ugly reality of staying where you are, as you are , how you are , is so painful and unattractive, that it just cant be true.

You're displaying a complete chock, that you have to stay and be the same.

It's got to be somebodys fault, it has to be, you had it (in a non greedy fashion ofcourse) all figured out, the Porche, house, land, and beautiful people around you drinking drinks, with paperparasolls in them.

Oh man....it's aallll gone, damn..

As you have a psychotic personality, this just must be the works of somebody else.

We all know we're all after you, so this is just another "evidence" that will prove that point.

This will hurt "Ministry of Lies", but I can assure you it will help.

EACH INDIVIDUAL IS COMPLETELY RESPONSIBLE FOR HIS ACTIONS.

So you was hoping for millions, well, perhaps other was hoping for that as well, what makes you special.

So it seems like theyre not coming, in what way are you responsible for that?

Nothing, nada, zil, you are pretty clear and without frills saying Sara is the bad person around here.

You're assigning blame to anything and everything except yourself.

Kicking cats, slamming doors, throwing dishes, I dont know what else your doing but thats what you're up to here.

You couldnt loose, you couldnt take it, your whole personality, stamina selfrespect and honor depends on wether you get millions in the Dinar Deal.

You must have a plexiglass stomach, in order to even percieve any daylight, judging from where you head is inserted.

Most people learn either by visual, audio, or hands on, or a combination of all three.

Complete idiots learn only when pain is involved, and as administration of pain is made illegal, you will remain an idiot.

The sun rises and sets in your ass, and the universe rotates around you.

Difference between a psychotic like you and social individuals, is that for others life goes on, live is great, you take a chance on occasion, you gamble here, you take calculated risks, you win, you lose, you learn and you get better as you go.

Social individuals know in their heart that they are responsible for their gamble, their risks, and handle it accordingly.

For psychotics like you, you are never responsible for anything, anywhere, anytime, and will pass the blame on to others.

Jails are full of them, they're all innocent, and the only reason they're there is because they were set up.

Ministry of Lies, you're not exactly an unknown phenomenon, you're just another loser living in your unattached unreal dreams.

You prefer a lie even if the truth will serve you good.

Your comments is nothing but HA HA comments to other peoples thoughts, you are unable to create something yourself.

You can only laugh when someone else get hurt.

As you are unable to build your own sandcasles, you kick down others sandcastles.

You'r either sitting in a non skil job, or a dead end job, you have been fired or layed off numerous times, and you have always watertight reasons, it's never your fault.

Any relationships you have or have had, have been marred with suspicion, argument and fight, and if you manage to hold onto another partner, its a complete submissive. Robot.

The way you are acting here, is not only here, you're doing it in your social life also. Your friends are either nonexistent or worse off than you are. Straight shooting persons will ask you to f..k off, and you have been told so many times in your life.

As you have no self respect and self criticism, this is still another "evidence" the world is after you.

You are nothing new, you live in an untidy room, you drive a junkie, and if you get hold of a new one it will deteriorate in no time. Your personal hygiene is questionable.

We've seen you for who you are, you're absolutely nothing new, and your anti social behavior is well noted.

At the bottom of the barrel, is yourself, when you have stamped, squesed, made small and ridicule everything there is around you, there is only one more thing left to stop.

Yourself.

Those suicidal thoughts are getting harder and harder to ignore, are'nt they...ARE'NT THEY.

You have only one way out, find peace with yourself, look yourself in the mirror, and point to that person you're seing, and say, I CAN BE RESPONSIBLE.

It's all Saras fault....hah

What a moron, perhaps it would be better you start another practice, like spontaneous combustion.

-- July 10, 2006 8:27 PM ∞

---

Roger wrote:

The current static condition of the Dinar might be hanging in over Christmas, into next year or so.

The Iraq Financeminister has propposd a meeting in Aug.

A meeting is all that is, for the whole thing to actually take place, I think it' s much longer way.

First this endless haggling they seem to have over there, also I do believe that before it happens they need to pass the investment law, that seems to be pretty much talked about in the media.

So even if they have a meeting in August, doesnt mean that something necessarily will happen then. I'm sure though some news will come out of it, but I project that that's pretty much it for a while.

In my own humble opinion, I would'nt artificialy give the Dinar another facelift.

Currency is based on trust, and trust only, and by first redoing the Dinar 2003, and now again would add insecurity to the currency.

The Dinar is not even standing on its own legs yet, but is propped by the Dollar.

The only way of gaining trust and confidence in a currency is to let it show its own value, let the world get its finger on the Dinar, let it play in the game, and make a name of its own.

Thats how you build trust into it.

I see this as two completely diffrerent actions, that both can be accomplished without interfereing with the other, and doesnt necessary have to happen at once.

1. Let the Dinar lose on the market, let it show what it can do. Let it increase in strenght, THEN it has proven it can be a viable currency, get rid of the Dollar croutch.

2. IF the Dinar stabilizes, and gain strength, and it still needs it's zero lope change, well, have a look at it THEN, not now. The Dinar might be so strong that only one or two loops need to be shaved off, and the need, if needed at all, can be discussed on its actual market value.

If the Dinar is zero looped and pegged with the Dollar, the Iraqis will let another cosmetic fix take place BEFORE letting it loose on the market.

The Dinar is most probably not in par with the Dollar, and when hitting the open market, it might very well trigger a panic sell, or drive the Dinar down again to the point it was before.

If that happens, the Iraqis will now confront the possibiolity to zero loop the currency for the second time.

That will in itself now feed a wheel of distrust and it will bring it down again.

Just leave the Dinar alone and let it go.

Let it spread it's wings, I think it's high time for that anyhow, it could have been out on the market long ago.

In the long run it's not healthy to run a currency the way theyre propping it up now.

Dinars are sold on auction, Dollar comes in, but to get more Dollars, more Dinars have to be sold.

Sell about half abroad, and keep about half of the Dinars, now with Dollar backing.

The only reason they can sell Dinars is because people will trust the Dinar, and thus buy it. This cant go on for too long time, because all they do is banking on the trust of the Dinar.

They back the Dinar with oilrevenue also, and 2.5 mill barrels is not too shabby, but as long as the Dinar is a stuck comodity, a non flowing currency, a future comittment currency, the Dinar will stretch its trust.

True industrialization can not take place until the free market can come to play, and all this Gov. programs, Fixed currency, and endless debating on how to "fix the currency" is detrimental, the only fix is to let it go.

Let the bird fly.

-- July 10, 2006 9:22 PM ∞

---

Taxmama wrote:

I'm willing to bet that the "Minister" never owened any Dinar.
It will not lop.
Maliki comes to D.C. to visit W in two weeks. Maybe an announcemet?
Can't have a "foreign investment law" in place by the parliament of Iraq by 8/3/06 unless Dinar is pegged by the World Bank.

Wait and see.

-- July 10, 2006 10:36 PM ∞

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TAYLOR wrote:

Roger.. I always look forward to your posts. Somewhere out there at some University there is a job in the economics field with your name on it. I hope you are right in your thougt process. I agree with you 110%.

-- July 10, 2006 10:42 PM ∞

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Bob wrote:

Taxmama,

I agree that the zeros will not be "lopped"; what is your reasoning that they won't? Thank you in advance for your reply.

-- July 10, 2006 11:11 PM ∞

---

Roger wrote:

Taylor,
Thanks, well it's just my free spinning mind, unfortunately I'm not in a position influence anything in Iraq.

Bring us to another point, is there anyone that can figure out a way to lobby our opinions in Iraq, where things really count.

Taxmama,

The Dinar is already pegged to the dollar, so if that is the only criteria for passing a law, the "Foreign Investment Law", they're all set. Or do you mean it has to be pegged 1 Dollar = 1 Dinar before it could happen.

May I in passing Taxmama please, perhaps I can help out a little bit here.

I'm sometimes accused of being a bit too longwinded, but I believe you are my complete opposite.

I love ( and I think most of the others here as well) to get your input.

However Taxmama, it is a one sentence statements we're getting from you.

It's like sitting in an office, and someone make a statement while passing by the office door without stopping.

"It will not loop".

I've seen a few more statements like that, can you please when doing that give at least a little bit reality of sources, where you read it, or a reality factor why it shouldnt be or it should be in a certain way.

It's ok to talk, let lose Taxmama, oil the hinges a bit.

-- July 11, 2006 12:45 AM ∞

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Sara Madgid wrote:

Carl;

I received permission to quote a gentleman from another forum concerning the Iraqis. After reading his post and contrasting it with your saying the Iraqis "hate our guts" I just had to repeat what he had to say. I hope you will find it as encouraging as I did.
Here it is:

well i got with my iraqi cilvilan contractors about this again and they said they are hoping that it happens soon because if it wasn't for america to give them freedom and stablizing there country again they would be S*** out of luck right now.they appreciate the shelter we give them and trying to get iraq back in general population by getting jobs,going to school,better medicare,stopping the violence and so on.when i'm at work with my guys they like working with me because we get along and they feel if it wasn't for america they wouldn't have a job right now or they would probably be dead or homeless by insurgents so they want this to happen for us because its like saying thank you for your blessing you gave us and now its our turn to give back by letting the dinar revalue.at the sametime there are not the only ones backing up this investment so is the prime minister of iraq and the govenor of the cental bank of iraq too.believe or not but there is alot of people hoping that this happens besides the enemies out there.

====end of quote===

Roger;

Thanks for the informative posts. You are very knowledgeable about a great many fields, and I appreciate having you aboard. DON'T sell your Dinar, friend. :)

Sara.

-- July 11, 2006 4:59 AM ∞

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SGT AT SPOD wrote:

If I'd knew that it would've been that easy to get rid of "Ministry of Lies", I would have bought that jerk's dinars from him myself, to shut him up....

Good Luck & Goodbye, you Jackass.

SaS

-- July 11, 2006 7:33 AM ∞

---

carl wrote:

Sara:
Just to clarafy something...I never did say all iragi's hate our guts....but the fact is there are some who are in positions within the finance ministry who do....they will be the ones who are going to either try or succeed in the dinar not being as profitable for you or I...
I hope we have enough support in the right places to overcome those...

That is what outlaw was referring too and so am I...

We dinar owners are just investors in a culture that we hope can better themselves.. time will tell...

If the MSM would stay off of the isolated killings and put more information out about the economic and business advancements being made you would see the american people start to put more support behind the bush admin....

But the hard fact is most MSM leaders are leftest and have never been in the military...those guys who are in those positions are the same SH--Heads who were the ones running off to Canada..
They have always let someone else fight for them...then they want to tell everyone about how you did it wrong...
Sometimes I feel we shoot the wrong people..

Regarding the Ministry of lies apparently it made him feel better to think he got something over someone...I don't know of anyone who has lost money yet on the dinar...I don't know anyone who bought dinar because of the ministry of lies abilities to convince them to do so...
In fact I am proud of the dinar I have and intend to buy more..

It must be a ego thing for him...most individuals like that beat their wife's, abuse they children, elder parents and animals...
In my Law Enforcement days,we have been known to give them a taste of justice before court...I hope he was one of them...or he gets the chance to interact with one of my law enforcement brothers soon..sometimes karma is sweet...

-- July 11, 2006 8:25 AM ∞

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Okie wrote:

This looks like the Marshall plan that's been discussed and anticipated by several people...... Looks good for Iraq!

International Contract for Iraq

--------------------------------------------------------------------------------

11 July 2006 (Baghdad: Al Sabah newspaper)
The Iraqi Government has formed a Committee chaired by the United Nations for the preparation of an international contract, which is to be supported by the World Bank, in coordination with the International Monetary Fund (IMF) and regional financial organizations, as well as the original donor states

http://www.iraqupdates.com/p_articles.php?refid=DH-S-11-07-2006&article=9271

-- July 11, 2006 9:45 AM ∞

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Terri wrote:

Would someone please read this article and give their opinion...?

http://www.iraqdirectory.com/DisplayNews.aspx?id=1658

-- July 11, 2006 10:16 AM ∞

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Okie wrote:

Finally!!!

Al-Warka Bank has been up-dating their system to allow on-line transactions for awhile. Today when I tested their link I was sent to the following page. Looks like some progress is being made! Of course I don't have my password yet so I'll bug them for that.

http://213.31.44.3/IBS/index.jsp

-- July 11, 2006 10:33 AM ∞

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SGT AT SPOD wrote:

Everyone,

We are not the only ones who are disputing the 3 zero lop;

http://english.daralhayat.com/business/07-2006/Article-20060711-5d8b279e-c0a8-10ed-01ce-4de8b7d2daf4/story.html

What do you think, Sara?

SGT AT SPOD

-- July 11, 2006 10:55 AM ∞

---

Okie wrote:

This is the company currently up-dating Warka Bank to the real world. This is good news for those of us who have accounts with Warka.

Warka Investment Bank signs Automated Banking Services Agreement with ICS (London) Ltd

In harmony with the rapid development of the Iraqi banking sector, Warka investment bank signed an agreement with International Computer Systems (London) Ltd., this agreement comes to initiate the automation and computerization project for Warka Investment Bank based on implementing ICS’s banking solutions within the different departments of the bank.

This agreement is part of Warka Bank initiatives to provide its clients with highly integrated banking services based on highly efficient banking solutions and according to international standards. The cooperation between ICS and Warka Investment bank came along with the bank’s elevated objectives and vision of boosting its services up to an international level based on implementing BANKS System which is developed by ICS.

Warka Investment Bank is considered the third Iraqi bank - after Bank of Baghdad and Emerald Bank - to adopt BANKS System to automate and handle its services, as BANKS remarkably effective in maximizing efficiency of banking services and upsizing banking investments in addition to minimizing cost and efforts.

http://www.icslondon.com/news/warkabank.htm

-- July 11, 2006 11:28 AM ∞

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Rob N. wrote:

OKIE/SGT AT SPOD:

The articles both of you have included in your posts for our perusal contains similar content. Succinctly put, the Dinar is still a long... term investment.

Any decision making the 25000 dinar equal to 25 usd by loping off the three zeros on the dinar currency or any reevaluation affecting the value of the NID is still a long way off.

Generally speaking, those of us who have decided to purchase the NID are in a wait and see pattern. Anyone choosing to liquitdate their holdings in the long term will regret that decision.

Thanks,

Rob N.

-- July 11, 2006 11:46 AM ∞

---

Rob N. wrote:

All:

Regarding the altering of the 25000 Diar note to equal $25 USD, I find this unlikely regardless of what the Iraqi Finance Minister indicates.

Looking at the 25000 Dinar note from a larger perspective, Large investors (with deeper pockets than you and I) have bought these notes. There are trillions of them in circulation. It does not make sense to issue new currency in light of these two factors. The amount of money lost by these investors by Iraq issuing new currency would be significant.

Hypothetically, Iraq can keep in circulation the 25000 Dinar note and peg all of its currency to $0.01 USD. The 25000 Dinar note would equal $250.00 usd. Iraq could then adjust its wages, goods, etc. to this new evaluation. I see this accomplishing many of the issues we are discussing. Any thougths?

Thanks,

Rob N.

-- July 11, 2006 12:11 PM ∞

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SGT AT SPOD wrote:

Rob N.,

Your points refect mine exactly....I only post the article for info purposes. Sara has a unique perspective on how this info could effect the dinar, and thus stimulate dialogue.

SGT AT SPOD

-- July 11, 2006 12:25 PM ∞

---

Sara Madgid wrote:

Repercussions of the Iraqi Dinar/US Dollar Parity
Ali Mahmoud al-Fakiki Al-Hayat - 11/07/06//

According to the statements of Bayan Jabr Al-Zubeidi, the Iraqi Minister of Finance on June 26, 2006, to 'Al-Sabah' newspaper, published in Baghdad, the government intends to remove three zeroes of the dinar to make it equivalent to the dollar. Thus, we may conclude that the planned process will be nothing but currency exchange, which neither revaluates nor devaluates the dinar.

Hence, the proposed or planned process is simply an illusion, just like changing daylight saving time. It is all the same, whether the clock was moved an hour ahead or the formal working hours were increased. Thus, the proposed process of equating the US and Iraqi exchange rate SHOULD NOT BE CELEBRATED. Many third world countries, like Turkey in the 1980s, applied this policy.

In brief, the value of the dinar against the dollar differs in several aspects from its value against global currencies. This is just a formal issue of no use, and that is NOT TO BE CELEBRATED.

http://english.daralhayat.com/business/07-2006/Article-20060711-5d8b279e-c0a8-10ed-01ce-4de8b7d2daf4/story.html

====end of quote===

SGT at SPOD;

CAPITALS inserted by me in the above quote for clarity.

The person writing this article is reacting to those saying this as a triumph and a reason for celebration. He is saying why CELEBRATE if it is only a zero lop?? Why tout it as helping the Iraqis so much? It should elicit barely a yawn, if zero lop were the case. Zero lop does nothing much for anyone. But a true RV at 1:1 makes a huge SPLASH on the world scene. It changes the world situation in a HUGE way for Iraqis. A true 1:1 and suddenly, the world will sit up and take notice! It will be reason to CELEBRATE that way because it will give the Iraqi people more purchasing power, thus improving their quality of life.

Sara.

-- July 11, 2006 12:31 PM ∞

---

Sara Madgid wrote:

Okie wrote:

This looks like the Marshall plan that's been discussed and anticipated by several people...... Looks good for Iraq!

International Contract for Iraq

-----------------------------------

11 July 2006 (Baghdad: Al Sabah newspaper)
The Iraqi Government has formed a Committee chaired by the United Nations for the preparation of an international contract, which is to be supported by the World Bank, in coordination with the International Monetary Fund (IMF) and regional financial organizations, as well as the original donor states

http://www.iraqupdates.com/p_articles.php?refid=DH-S-11-07-2006&article=9271

====
EXCELLENT post, Okie.
I believe this shows us that the "Big" Powers That Be are involved in Iraq and getting it up and running to international standards.

This INTERNATIONAL CONTRACT must, of course, deal with the currency of Iraq. Things are heating up and this, coupled with the one SGT AT SPOD posted which says the Iraqi government is promising to address the issue of the Dinar and its value shows me that we are looking at short term changes which greatly affect our investment. :)

I see it as a positive thing to hear the World Bank, UN, IMF, donor states and the government of Iraq itself are all working on Iraq and its economy and getting this ball moving. I expect short term revaluation, and am waiting patiently to see this occur.

Sara.

-- July 11, 2006 12:44 PM ∞

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Okie wrote:

Rob N.....

I agree with you that they will not make the 25K note worth 25...it just doesn't make sense any way you look at it.

If you make 1 Dinar = .01USD we would make some money but it would also make the Dinar worth less than the Afgan. money which is=.02USD. That doesn't fit the puzzle either.
Sure hope it hits at a high rate like .68USD.

-- July 11, 2006 12:46 PM ∞

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Sara Madgid wrote:

A short term - no zero lop revaluation..

Carl;

I am glad you softened your stance about the "hate our guts" Iraqis a bit. Basically, you think people in the Ministry of Finance are among the US haters.

Although there could be some, I do think many are well aware that they are better off long term without Saddam and under a Democratic system with a free economy, even within the Ministry of Finance.

I am hoping our negative view of the Iraqis and their veiws of us are WRONG and created by the MSM.

I KNOW that when you speak to Iraqis themselves they say they are ANGRY at the way the MSM portrays them over here. I am hoping the Ministry of Finance officials are also among the ANGRY Iraqis who feel unjustly treated and portrayed as US haters. If so, we may indeed be seeing a short term - no zero lop revaluation.

I am anticipating hearing word on this in the near future and am glad it will not be years of waiting to see the Dinar valuation movement. :)

Sara.

-- July 11, 2006 12:56 PM ∞

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Sara Madgid wrote:

Okie;

I read the rest of that article "International Contract for Iraq" which you posted the url to (above) and I found this part interesting..

Quote:

The statement explained that the intended contract, apart from helping progress in political, economic and social fields over the next 5 years, would also concentrate on the development of mechanisms to serve the economic transformation of Iraq by offering the opportunity for integration in regional and international economies.

The statement said that the Iraqi Government considers this International Contract to be an important step towards the future development of the country.

===end of quote===

Again, to me, this means we are going to see Iraqi development economically and a near term move in the valuation of the Dinar as they concentrate on "integrating" Iraq into the regional and international economies.

Sara.

-- July 11, 2006 1:25 PM ∞

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Okie wrote:

Sara....

I agree with you that this agreement will have some short term impact on the economy and the currency.

But even more important is the fact the free world is willing to stand behind Iraq, in a huge way, to help them become a beacon of hope and freedom in the Middle East.

This is a very positive step for the US and our Government in our war with the Islamic extremists.

Once Iraq is cooking on all four burners we'll start seeing the long term effects of this contract.

-- July 11, 2006 2:00 PM ∞

---

Sara Madgid wrote:

Thanks, Okie.
I agree that it is important that the world is willing to help Iraq. Here's more support for Iraq, including the Arab League. :)

Sara.

===

Saudi envoy calls Iraq conference unique, successful
Tuesday , 11 July 2006

Saudi Arabian Ambassador to Tehran Osama bin Ahmad al-Sonosi here Tuesday called the Ninth Conference of the Foreign Ministers of the Neighboring Countries of Iraq unique and successful.

“The meeting was unique and successful and all the participants reached a consensus to help Iraq at this sensitive juncture,” he told the MNA.

The regional conference, which focused on security and development in Iraq, gathered officials from Iraq and its neighbors -- Saudi Arabia, Iran, Syria, Jordan, Kuwait, and Turkey -– plus Egypt and Bahrain.

The Arab League Secretary General Amr Moussa, Organization of the Islamic Conference Secretary General (OIC) Ekmeleddin Ihsanoglu, and Ashraf Qazi, United Nations Secretary General Kofi Annan’s special representative for Iraq, also attended the meeting that was held on July 8 and 9.

Iraq’s neighbors should seriously support the country because any insecurity and instability in Iraq will have a negative impact on the region, the ambassador added.

http://www.turkishweekly.net/news.php?id=34821

-- July 11, 2006 2:23 PM ∞

---

Roger wrote:

Sara,

Thanks Sara, you're the one deserving a hug on occasion. Here is one now...HHHUUUUUUGGG. No, I'm not selling my Dinars, I love the Dinar game.

I will try not to let it consume me, but I must say, after I started with this game, it has got a lot of my attention. With the little time that I have, perhaps more than it should, but then again, I love it.

SGT SPOD,

Cool site you found, I read it and wrote a reply e-mail, agreeing and told my points, basically an abbreviated version of my last thoughts about the zero lope and Dinar-Dollar pegging. I do honestly believe the risk is very high doing it. The only healthy currency is the one that is freely bought and sold.

-- July 11, 2006 3:31 PM ∞

---

Sara Madgid wrote:

My apology for the troops..

I wanted to have a say about this recent killing of US troops due to the apparent misconduct of one of their fellows.

Quote:

US soldiers killed 'in revenge'
MILITANTS linked to al-Qaida have claimed they killed three US soldiers in revenge for the alleged r.ape and murder of a young Iraqi woman.

The bodies of two of the men, who were from the same unit as the soldiers currently under investigation, were mutilated after being murdered.

http://news.scotsman.com/topics.cfm?tid=404&id=1010622006

===end of quote===

While the terrorists kill people and rejoice together over such killings, showing themselves to be confederate together with those who have done the killing and thinking it advances their cause, the recent disgraceful behavior of the US troops who are up on charges are not the same thing. The US troops are not rejoicing in the killing of this young lady and her family or in her r.ape. It is a sin and shame:

Pro 14:34 Righteousness exalts a nation: but sin is a reproach to any people.

The fact that this dishonorable behavior gives rise to indignation and reproach against the US troops, so that the terrorists felt they should kill the three US troops they have murdered in cold blood as reprisal for this attack shows a lack of understanding of that which we take for granted in the West... namely, that each person should, in general, only die for their own sins and not on account of another. These three soldiers did not stand FOR what those who committed this crime did. They deplored such conduct.. and yet they died for it. We consider dying for another in such an unwarranted manner to be the killing of those who are innocent of the crime which was committed by others. There is NO rejoicing over these reproachful acts of sin and shame, the US troops do NOT stand together with them or endorse these acts.

While I have taken in my post the viewpoint as if they are guilty as the terrorists have already judged them to be, I am not sure they are guilty yet, not knowing all the facts of the case myself. However, should these men be found guilty of these heinous crimes they should be punished according to law. Therefore, reprisals against US troops is unwarranted, unnecessarily barbaric and wrong in its thinking so far as our Western thought processes are concerned. I deplore this ungodly way of fighting against individual sin as though it were imputed to the whole.

Eze 18:20 The soul that sins, it shall die. The son shall not bear the iniquity of the father, neither shall the father bear the iniquity of the son: the righteousness of the righteous shall be upon him, and the wickedness of the wicked shall be upon him.

It is wrong to kill those who were not responsible for these acts and do not endorse them. The soul that sins, it should die - not these three very wonderful men who were in Iraq to uphold the dignity and hope of the Iraqi people.

Sara.

PS Thanks, Roger.. I needed that, as contemplating man's inhumanity to man today had me a bit down in the mouth.

-- July 11, 2006 4:04 PM ∞

---

Turtle wrote:

Sara: My friend, the media is the insurgents favorite tool. I have no proof for or against our troops but it does not look good from what I've heard on the same news you hear. However, the men killed were killed because this is a war. The actions carried out by the enemy on this occassion were planned out over time. They studied the tactics of this unit for some time before setting that trap that resulted in those men being captured. They mutilated those men to send a message to our soldiers and because they wished to desecrate the bodies. Point being, they were not killed as innocents paying for the misdeeds of others. At least that is my belief. The tactics used took far too much time to plan and this is what they have done every time they could.

As for the men being punished, I agree but for different reasons. I could care less about sending a message of goodwill to these insurgents as they will do anything they can to kill as many of us as they can regardless. However, I'm a firm believer that if a man will do such a thing in one place he will do it in another. Kinda like the boyfriend or girlfriend who will cheat on you once... If these men did this act, I would hate to find out they lived freely in my neighborhood near my family. Some will argue that this is a war zone and men sometimes act out of character. That argument holds no water in a situation where the act had to be planned and executed. Haditha, IF it happened, I could accept that arguement. This was willful and premeditated. Anyway, just my opinion and still assuming they are guilty as it appears. But one thing I know for certain is that the men who killed our soldiers would have done so anyway and probably had never even heard about that family until the news showed the story.

-- July 11, 2006 5:41 PM ∞

---

Nelly B - Investor wrote:

Terri wrote:

Would someone please read this article and give their opinion...?

http://www.iraqdirectory.com/DisplayNews.aspx?id=1658

-- July 11, 2006 10:16 AMAccording to the statements of Bayan Jabr Al-Zubeidi, the Iraqi Minister of Finance on June 26, 2006, to 'Al-Sabah' newspaper, published in Baghdad, the government intends to remove three zeroes of the dinar to make it equivalent to the dollar. Thus, we may conclude that the planned process will be nothing but currency exchange, which neither revaluates nor devaluates the dinar.

It is estimated that the ratio of replacement will be 1500 of the current dinar for one new dinar. Accordingly, if an employee currently earns 150 thousand dinars, he will be paid 100 new dinars (unless the salary brackets are changed). This will be equivalent to 100 dollars. Thus, the exchange rate of one dinar is equal to one dollar. For example, the current price of one kilo of mutton, which is 8000 dinars, will accordingly be around 5.33 new dinars.

- - - - -

This is exactly (give or take 50 dinars) the scenario that I was putting forward a couple of days ago. Its there in black and white. Ok, its not a done deal, but "the governments intends..." is near enough the same thing.

Think about it logically, resetting the exchange rate before it is released on the FOREX is the smart thing to do, in the long run. It is simply juggling the figures so that instead of transaction being done in x000's of dinars, they are near equivalent to the dollar, the major currency exchange.

If the ICB/government reset the rate from 1450/1500 to 1 NEW Dinar, this needs to be done BEFORE it is released on the foreign exchange, NOT after. At present, the currency is only viable inside of IRAQ. It has no use, value or worth outside of the country, except what someone is willing to give you for it. It is not PEGGED to the dollar at present, just sold at auction at a rate determined by the bank. At present, that rate could be virtually anything, whatever the ICB set it at.

Once the currency is released on the FOREX and internationally traded, The international market sets the rate, not the ICB. At this point, they would not be able to simply zero lop, or reprint a different valued currency. That would completely undermine the credibility of the currency. Think about it this way, if the U.S. government/bank were to suddenly decide that a dollar was now going to be worth £1000 GB pounds, they could buy all the commodities that Great Britain would own. This would be in the interests of every American, but could not happen, just as Iraq could not suddenly determine a different exchange rate after it has been set on the FOREX.

The proposed zero lop is simply preparation for the FOREX, with a probably boost in value of 45-50% into the bargain.

I think it is much more likely that we will see a NEW Dinar set on the FOREX, as soon as practically possible, BEFORE outside investment takes place in a major way.

The Iraqi government has achieved a great deal in the very short time that it has been in power. I think they have rightly taken an agressisve, decisive stance on the insurgency as their first priority. I think the currency/economy and its associated policies will take shape very fast now.

-- July 11, 2006 6:40 PM ∞

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Nelly B - Investor wrote:

SGT AT SPOD wrote:

Everyone,

We are not the only ones who are disputing the 3 zero lop;

http://english.daralhayat.com/business/07-2006/Article-20060711-5d8b279e-c0a8-10ed-01ce-4de8b7d2daf4/story.html

- - - - -
Where exactly is the dispute in that? Its just a report of the facts.

-- July 11, 2006 6:56 PM ∞

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Sara Madgid wrote:

Turtle;

Thank you for the interesting insight and post.. The terrorists claimed it was a reprisal attack and as a reprisal it is unwarranted because these troops did not commit nor condone such actions. I did not know about it being preplanned or premeditated. The news did not carry such facts. As you said, the MSM is not on our side so you have to glean between the lines as it is.

From what you have said, your conclusion appears right to me. The terrorists would have done this thing anyway and were apparently only looking for an excuse that gave the veneer of righteousness to their premeditated murder.

Thanks for the insight, my friend.

Sara.

-- July 11, 2006 6:57 PM ∞

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Nelly B - Investor wrote:

Rob N. wrote:

All:

Looking at the 25000 Dinar note from a larger perspective, Large investors (with deeper pockets than you and I) have bought these notes. There are trillions of them in circulation. It does not make sense to issue new currency in light of these two factors. The amount of money lost by these investors by Iraq issuing new currency would be significant.

Hypothetically, Iraq can keep in circulation the 25000 Dinar note and peg all of its currency to $0.01 USD. The 25000 Dinar note would equal $250.00 usd. Iraq could then adjust its wages, goods, etc. to this new evaluation. I see this accomplishing many of the issues we are discussing. Any thougths?

Thanks,

Rob N.

-- July 11, 2006 12:11 PM

- - - - -
There are not trillions of them in circulation. There are currently 4.5 DINARS in circulation in total. I dont know the figures for how many of each notes are printed, but there are 6 different notes printed and not all of them show a value of 25000! even if they all did, 4.5 trillion / 25000 = 180 million notes.

We should think more seriously about the implications of a new currency, as I believe all of the indicators are there for this to happen. In my opinion, and from what has been reported already, the 3zero lop is a realignment of denominations. New notes will be needed. If you have money inside of Iraq, simple enough, walk into a bank with your NIDs and exchange them for the new notes. Similar with Warka account holders, account will be adjusted to the new denominations.

As a holder of a significant amount of dinars in cash (only), I am getting a little concerned as to the ability to exchange the notes and I believe this will be a necessity before too long. I don't think anyone has really given this serious consideration on this forum yet. My opinion may not be a popular one, but given the news in the link:
http://english.daralhayat.com/business/07-2006/Article-20060711-5d8b279e-c0a8-10ed-01ce-4de8b7d2daf4/story.html , it should be a realistic one.

I welcome any comments, good or bad. I'm just sharing my ideas and want input, especially on what we should do, should a reprint happen before launching on the Foreign Exchange.

Nelly B - Investor

-- July 11, 2006 7:17 PM ∞

---

Outlaw wrote:

Nelly B...

Can you please state where you heard that there were only 4.5 Trillion Bills in circulation? Early in the game I seen an article that stated at that time there were over 9 trillion in circulation then. (approx Nov. 04)

Look at the number of ID sold on a daily basis... figure $35 million per day at 1477/$1. How long do you think it would take to exceed 4.5 trillion at those levels?

Regards,

Outlaw

-- July 11, 2006 9:14 PM ∞

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Sara Madgid wrote:

Nelly B said that there are not trillions of Dinar in circulation. HOWEVER, this Central Bank of Iraq document shows that there were 3.3 TRILLION Dinar in circulation June 2003:

http://www.cbiraq.org/Binder4.pdf

Adding in Outlaw's calculations of $35 million per day, how long does it take to get to $4.5 Trillion?

Sara.

-- July 12, 2006 12:24 AM ∞

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Terri wrote:

Hum, while drinking my coffee this morning, I found two "interesting" articles...thought I'd post a link and see what others thought...
==========
Monetary and exchange rate policies of Central Bank

Monetary and exchange rate policies of Central Bank of Iraq
12/07/2006
Source: Al-Sabah
http://www.iraqdirectory.com/DisplayNews.aspx?id=1670
==========

International Contract for Iraq
12/07/2006
Source: Al-Sabah
http://www.iraqdirectory.com/DisplayNews.aspx?id=1668
==========

Any comments?

-- July 12, 2006 9:15 AM ∞

---

Terri wrote:

Question: What is a "floating exchange rate?"

-- July 12, 2006 9:42 AM ∞

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TAYLOR wrote:

It really doesn't say much of anything.. Its like listening to a politician. There's been a lot of bland acticles coming out lately. Its like they're trying to keep everyone in the dark.

Good Luck on your dinars Terri!!

-- July 12, 2006 9:49 AM ∞

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Sara Madgid wrote:

I have received permission from Mchav on another forum to quote his excellent post!
I just thought this was so relevant to our discussion.. thank you so much Mchav!! :)
Sara.

===Mchav wrote:===

Concerning the issue of 'zero lop'. There are several reasons that this approach - a 'debase' of the currency - does not appear to be a relevant solution.

1. The net money supply, M1 or money in circulation, and M2 or money held on deposit or in bank vaults, is estimated to be approximatley 17 trillion dinar. This value is approximately 12 billion USD (rounded).

2. The Iraqi's have stated they wish to achieve a free market economy or eliminate subsidies. Example; currently Iraq produces 5,000 MW of power daily, down from a pre-war peak of 9,000 MW. This is far less than their neighbors. Kuwait and UAE use approximately 10-15,000 KWH per person (annually), SA uses 5,000. It is the perceived goal that Iraq may look like a Kuwait or a UAE at the end of reconstruction. Reminding that the oil fortunes of SA are not controlled by the country but by the 28,000 member Royal Family. If Iraq were to achieve just the level of SA electrical production they would need construction of 20 billion USD in gas fired power plants (at a cost of 600,000 USD per MW). This does not count the cost of transmission, sub-stations, switching etc. Further at this rate of production consumption at .05 per KWH the population would spend 12 billion USD on electricity alone. The end? If Iraq is serious about eliminating subsidies and entering into a free market economy they have to RV. The current capital structure of the CBI won't support a free market unless Iraq falls into the lower tier of the 'third world'.

3. If the FI (foreign investment) law is to take affect the currency has to revalue in order to keep a balance of capital investment. Otherwise foreign ownership would dominate and the Iraqi populace would be nothing more than a work force without economic power.

4. The FI law speaks to 40 year rents and leases. This, in my opinion, does not speak to what you woould normally think of renting or leasing. This may be intended to allow for the lease back of large utility infrastructure. Example of electrical; the power company 'sells' a plant in need of repair (most likely with a buy back at the end of the lease) to a group like; Black and Veatch (engineers), Weston (construction managers) and GE (equipment). The group rebuilds the plant and 'leases' it back to the power company. This transaction will also work in reverse. Wachovia has structured deals like this for everything from transportation to sewer systems. In my opinion that's what they are talking about with that part of the FI proposal. End, in this case subsidies don't work.

5. Without a reval and the need for capital Iraq can not borrow money in the world market. No reconstruction.

Concerning the article in controversy writen by Mr. Ali Mahmoud al-Fakiki the Iraqi economic expert. I'm sure every one has read it three times by now.

I’ll take just one point from the author’s list as an illustration of why Iraq has to RV.

The author states:

1 - Handling the accumulated deficit in the housing sector. There is a need to build 300-320 thousand housing units per year over the next ten years. The annual rate of achievement for the year 2004 and 2005 was around 15% of this figure. It is not expected that the rate of achievement for this year will exceed the rates of both years. There is an economic slogan that goes: 'Success of construction guarantees overall success'.

I can’t speak to construction costs specifically in Iraq but I do have experience in India. Construction in Iraq is similar, maybe slightly more expensive.

I’ll give two examples:

A typical rural or village house would be; approximately 700 square feet, three to four rooms, brick walls (4 courses thick) plastered inside and out with portland, flat roof of re-enforced concrete. Construction cost not counting land, approximately $7,000 USD, no AC, no plumbing.

A typical city apartment/flat; 700 square feet, two bed -room private bath, AC. $28,000 (just priced one). This was in a small city of 1,000,000 in SE India.

If we take the median cost as $17,500 USD times the expressed need of 325,000 less the 15% currently being met that is 276,000 housing units per year at a cost of 4.834 billion USD. This represents 40% of the M1+M2 of the entire country. To put that into perspective that would be the US spending approximately 4 trillion USD on a single project in one year.

And housing is the least expensive problem to fix. There is power, water, transportation, security, education, national defense and housing. And then unemployment, retired workers, healthcare, etc. etc.

My question is this. How can this be accomplished without 1) borrowing more money 2) revaluing the currency.

-- July 12, 2006 9:59 AM ∞

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Sara Madgid wrote:

Terri;

I posted on the Iraqi Contract one here:

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#122080

And here:

http://truckandbarter.com/mt/archives/2006/04/iraqi_dinar_dis_3.html#122083

You might find some of it interesting.

Sara.

-- July 12, 2006 10:04 AM ∞

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Sara Madgid wrote:

Terri;

A "floating" exchange rate is where the value of the currency/Dinar is NOT fixed to a certain value. It "floats" with the market demand up or down. It is the opposite of a "FIXED" exchange rate where the monetary value of a currency is set and remains at that number. There are advantages and disadvantages to both kinds of exchange rates.. Currently the Dinar is FIXED at the low level we buy at, barely moving (only as the CBI moves to keep the Dinar stable) and not subject to market forces. Many people think a FLOATING exhange rate would be the best.. therefore, to peg it at a fixed rate at around 1.00 USD is actually flushing out speculators at a low RV rate, below the free market float demands.

Sara.

-- July 12, 2006 10:18 AM ∞

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Sara Madgid wrote:

U.S. commander blames ''terrorists and death squads'' for surge of violence in Baghdad
ROBERT BURNS, AP Military Writer
July 12, 2006 4:55 AM

BAGHDAD, Iraq (AP) - The top U.S. commander in Iraq said Wednesday that ''terrorists and death squads'' are mainly responsible for a surge in sectarian violence in the capital..

Gen. George Casey, at a joint news conference with Defense Secretary Donald H. Rumsfeld, told reporters that al-Qaida is carrying out terrorist killings in the Baghdad area in an attempt to ''demonstrate that they are still relevant'' after the June 7 killing of their leader in Iraq, Abu Musab al-Zarqawi.

'What we are seeing now as a counter to that is death squads, primarily from Shiite extremist groups that are retaliating against civilians,'' Casey said. ''So you have both sides now attacking civilians, and that is what has caused the recent spike in violence here in Baghdad.''

Rumsfeld also indicated on his flight to Iraq that he did not expect any change for now in the legal arrangement under which American troops fighting in Iraq are immune from domestic laws.

He said the Iraqis are free to say what they want, but that with regard to the handling of allegations against U.S. service members, ''It's being handled as it should be.''

''Ninety-nine percent of the American troops and the coalition forces are performing in a highly professional and a courageous and skillful way,'' he said. ''When allegations like this come up like this obviously it hurts the 99.9 percent of the troops as much as anybody.''

http://www.newspress.com/Top/Article/article.jsp?Section=WORLD&ID=564768739196011195

-- July 12, 2006 10:42 AM ∞

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Terri wrote:

Thank you, Taylor. Yes, I pray about it daily...it's the only way I see of becoming "debt free" -- "rich" would be a wonderful blessing, but "debt-free" would feel just as good! Best of luck to you too! LOL, of course, I suppose if one of us "win" both of us will "win".

-- July 12, 2006 11:33 AM ∞

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Sara Madgid wrote:

Iraq PM shrugs off civil war fears
12 July 2006

BAGHDAD : Prime Minister Nuri al-Maliki shrugged off fears that Iraq was plunging into a civil war...

"I don't see the country falling into a civil war despite the regrettable activities of certain people who ignore that Iraq is united," Maliki told reporters in the Kurdish city of Arbil in the north of the country.

"The security services are still in control of the situation and we would like to see matters move towards political (compromise) rather than resort to force," he added.

"We have the capacity, if necessary, to impose order and suppress those who rebel against the state."

Earlier at least six Iraqi soldiers were killed in a gunbattle in the province pitting government and US troops against suspected Al-Qaeda militants, the Iraqi army said.

Major General Anwar Hama Amin said the soldiers died in a joint operation with US troops in the village of Al-Salman following the killing of three soldiers there on Monday.

The local Al-Qaeda commander, Jassem Salama, who was "wanted for the killing of at least 30 Iraqis and was feared for beheading his victims" was also among the dead in the fighting, Amin said.

http://www.channelnewsasia.com/stories/afp_world/view/218591/1/.html

-- July 12, 2006 11:48 AM ∞

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Okie wrote:

The new Investment Law is moving faster than I thought it would......

Study of Iraqi Foreign Investment Law Completed

--------------------------------------------------------------------------------

12 July 2006 (Baghdad: Al Sabah newspaper)
The Higher Economic Committee of the Council of Ministers has completed the study of a new law prepared by the Ministry of Trade and designed to encourage foreign investment in Iraq.

The Minister of Trade, Dr. Abdul Falah AL Soudani, said in a press statement that the Economic Committee has undertaken a detailed study of the law, adding some items and abolishing others. He said that the Council of Ministers has taken into consideration the opinions and ideas of all Ministries and that a draft will be submitted to the National Assembly for discussion, voting and ratification.

http://www.iraqupdates.com/p_articles.php?refid=DH-S-12-07-2006&article=9295

-- July 12, 2006 12:37 PM ∞

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Terri wrote:

How does the investment law relate to the RV -- will the dinar have to peg before the investment law takes effect -- or do they have nothing to do with one another.

-- July 12, 2006 1:02 PM ∞

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Okie wrote:

Terri....

I think the RV can happen anytime. The investment law has to be in place before the big boys will come in for construction contracts.

I understand they want it completed by Early August but see no link to an RV.

-- July 12, 2006 2:44 PM ∞

---

Nelly B - Investor wrote:

Outlaw wrote:

Nelly B...

Can you please state where you heard that there were only 4.5 Trillion Bills in circulation? Early in the game I seen an article that stated at that time there were over 9 trillion in circulation then. (approx Nov. 04)

Look at the number of ID sold on a daily basis... figure $35 million per day at 1477/$1. How long do you think it would take to exceed 4.5 trillion at those levels?

Regards,

Outlaw

-- July 11, 2006 09:14 PM
- - - - -

Hi Outlaw. The source for this information is here: http://www.cpa-iraq.org/pressreleases/20040115_exchange_end.htm
Yes it is old information (January 2004). I have searched for newer information, but not found any more accurate up to date info, except that on other forums, which state that there may be around 9 trillion in circulation, but that was not backed up with a link to verify its credibility. Even the ICB site has no information past 2003.

Please note that I said 4.5 trillion dinars in circulation, not bills. Thats a huge difference.

The second question: Either my understanding of this is way off, or yours is... My understanding of the 'selling' of dinars at auction at around $35million per day at 1477/$1 is that this is not 'additional' currency, just an exchange of dollars for dinars, the vast majority of which stay in Iraq (ie circulation). For example, banks inside Iraq using their surplus dollars to buy dinars to allow workers within Iraq to be paid in dinars.

If $35million in dinars were issued in addition to the currecy in circulation, this would devalue the dinars in circulation at an alarming rate.

$35million per day @ 1477 dinars/1 dollar = 51.695 billion dinars / day or 18.868675 trillion dinars a year!
so, say the initial amount of 4.5 trillion was issued in 2003, very crudely, this would give an amount of around 60.9 (4.5 + 18.9x3) trillion issued to date, adding in the auction amounts. So in effect, the 4.5 trillion dinars would have a worth of 4.5/60.9 = 7% of what it was when it was issued.
Overall, since 2003 the value of the currency has risen, not fallen, which is why I understand the money to be recirculated, not issued in addition to existing currency.

-- July 12, 2006 5:02 PM ∞

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Okie wrote:

Looks like the new law will not be in place until late August.......

Iraq to pass new foreign investment law in August

--------------------------------------------------------------------------------

11 July 2006 (PortAl Iraq)
During his tour to Arab Gulf countries, the Iraqi Prime Minister stated that the new foreign investment law will be discussed by the Cabinet next Tuesday and will be probably voted on by the Parliament by the end of August.

Accordingly, he called for the Arab businessmen to seize the investment opportunities in Iraq, especially in the oil, industry, agriculture, construction and services domains.

-- July 12, 2006 6:06 PM ∞

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Outlaw wrote:

Nelly B...

Yes, I agree that under normal situtations, currency would constantly be recirculated through banks as this money flows through the system... i.e. currency exchange, check cashing and deposits. I don't think the system has reached that level of operation or trust in the system yet. Remember most Iraqi's distrust this Government and that would include it's Banking System.

Look at the amounts being sold for use outside Iraq. Today close to $16 million was sold. That means that today alone more than 23.5 billion ID left Iraq.

If anyone inside the CBI claims that they have not and are not printing more Dinars... I think the evidence speaks for it's self.

Regards,

Outlaw

-- July 12, 2006 8:45 PM ∞

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Lance wrote:

Morning in Iraq,

There seems to be some confusion about the number of dinar printed vice what is in circulation. As with virtually all countries most of Iraq's money is not "Hard" in-other-words printed. Most of it is in digits being electronically traded or transfered, as IOU's against the Central Bank/Iraq. So there is almost no way for anybody (us) to find out what is out there. Even the CBI could give you only a ballpark figure at any given day/time, due to their antiquated systems. The numbers given on the CBI website for transfers out of country, give only a one sided view, as they do not reflect what is coming into the bank in Petro/U.S. Dollars or other currencies (many used for the reserve mandated by the IMF/WB). Trying to make sense of what is posted on the CBI, is equivalent to reading Tea Leaves. We just don't have the whole picture of their monetary flow, much less the current economic picture. So it is basically futile to say that because "So many Dinar were printed or in circulation" that they can't afford to RV. This isn't just apple's to orange's, it is more like an, apple's to Space Shuttle comparison. So the 27 Jumbo Jets that brought in the NID (2003-4 exchange of old for new)worth approximately 4.5 billion dollars is just the "Hard", street tradeable amount that was originally placed into circulation by the CPA/CIB to buy items at the local IraqMart. It is also what most of us are holding. We also have no idea what has been printed since or released into circulation. The important Dinar's are the ones being traded/used as IOU's electronically. These do not exist except as figures against which the Iraqi Government is liable as a payee for services or commitments internationally or locally via digits, and probably account for 90+% of the total Dinars (worth) out there. So we, the Dinar investors are in the dark because we don't have the information, and the Iraqi Government does not post this information in a way we can get at, or use it. We have to trust that they are doing the right thing. Not easy to do!!

I keep reading that the Dinar is going to PEG/RV at this or that. But what is the real value of the NID? What can I buy with NID? Prior to the invasion the "Street Value" of the Saddam dinar was approximately .31 cents. This was based on trillions of dinar printed by the regime to fund their lovely agenda items such as missiles and tanks. After the invasion the Iraqi's on the street were paying for items by the kilo of Dinar (weighed on a scale). With the introduction of the NID/Bremmer dinar this situation stabilized. But with the exchange rate of 1 old Saddam Dinar to 1 NID, there was, and still is the inflated quantity/amount of Dinar out on the street. I am only going to mention that if you had Swiss Dinars (used mainly by the Kurds in the north), the exchange was 1 Swiss ID to 150 NID in 2003-4.

We also have no idea of what the "whole" value of Iraq is. This makes the whole exercize more frustrating to us investors.

As for the Investment Law being needed before a PEG/RV, you can cut it either way. Before makes sense if you want companies/contractors to know what they are going to be paying prior to any project. After, if you want the contractors/companies to pay more in the long run.

What it all comes down to, is that until they (the Iraqi Government) make an announcement we will continue to debate and pray for our favorite outcome.

-- July 13, 2006 2:04 AM ∞

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Sara Madgid wrote:

Thank You, Lance.

Very well said. :)

Thank you for an interesting and thought-provoking post,

Sara.

-- July 13, 2006 2:37 AM ∞

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Lance wrote:

Additional Info:

I made a comment above about the "Street Value" of the old Saddam ID. To find out a current "Street Value" in Baghdad for the NID according to Al Taif Company, try their Web Site.

www.taifco.com

They claim to show their current buy: 1475, and sell: 1485, prices in Baghdad this morning. You have to hold your cursor over the Baghdad price when the USD flashes up. It's a little weird.

-- July 13, 2006 2:37 AM ∞