XXXXXXX CHAT - 1/21/10

XXXXXXX: IT IS MY SITE AND IF I THINK SOMETHING IS WRONG OR INFORMATION IS WRONG THEN I MUST STRAIGHTEN OUT
XXXXXXX: NOW WE ALL MAKE MISTAKES
XXXXXXX: ACCEPTING THAT A MISTAKE WAS MADE AND THEN LEARNING FROM IT IS A SIGN OF MATURITY
XXXXXXX: NOW I MAY HAVE MADE A MISTAKE ONCE BUT CAN'T REMEMBER WHEN
XXXXXXX: BUT A YOUNG MEMBER WITH GOOD INTENTIONS GAVE A CHAT.
XXXXXXX: WHICH WAS NO PROBLEM
XXXXXXX: BUT I HAD NOT HAD A CHANCE TO READ IT UNTIL
XXXXXXX: AND NOW I MUST CORRECT THE FLAWS IN THAT CHAT
XXXXXXX: YOU ALL KNOW HOW SOME THINK WE ARE DESCENDANTS OF APES
XXXXXXX: AND THEY SHOW YOU THAT CHART WITH ALL THE HEADS
XXXXXXX: BUT THE ONE IN THE MIDDLE THAT IS NEEDED TO COMPLETE THAT THEORY
XXXXXXX: IS STILL ELUSIVE
XXXXXXX: SO WHAT IS IT WITHOUT THAT MISSING LINK?
XXXXXXX: ABSOLUTELY NOTHING
XXXXXXX: SO IF YOU HAVE A THEORY BUT THEN PULL SEVERAL PIECES OUT XXXXXXX: YOU SIMPLY CAN'T JUST PUSH IT IN CLOSER TOGETHER AND SAY WELL IT IS STILL GOOD
XXXXXXX: IT ISN'T
XXXXXXX: NOW ALL THE INFO I AM GOING TO SAY IS POSTED IN THE FORUMS AS ARTICLES AND LINKS
XXXXXXX: 1) THE BUDGET IS 20 TRILLION IQD OVER
XXXXXXX: THEY ARE NOT PAYING OR COVERING IT WITH INCREASED OIL PRICES
XXXXXXX: THEY ALREADY STATED THE WAY THEY ARE COVERING IT
XXXXXXX: IS WITH: THE IMF LOAN, DFI MONEY AND EXCESS LEFT OVER FROM THE 2009 BUDGET.
XXXXXXX: SO THIS IS FACT
XXXXXXX: NOW IF YOU ALL REMEMBER LAST YEAR
XXXXXXX: EARLY SPRING
XXXXXXX: OK WE HAVE TO STOP
XXXXXXX: THE SERVER IS GOING DOWN FOR A BIT
XXXXXXX: TO UPDATE TO SOME 7.60 OR WHATEVER
XXXXXXX: THEY JUST STATED IT YESTERDAY THAT IT WAS IN THEIR BUDGET
XXXXXXX: NOW THEY WANT IT AS A STANDBY
XXXXXXX: REMEMBER LAST YEAR
XXXXXXX: WHY WERE THEY IN THE WHOLE
XXXXXXX: BECAUSE THEY WENT AND COUNTED ON THE HIGHER PRICE FOR A BARREL OF OIL
XXXXXXX: THEN WHAT HAPPENED
XXXXXXX: IT PLUMMETED
XXXXXXX: OK SO WHO ARE WE TO BELIEVE
XXXXXXX: PARLIAMENT OR THIS GUY
XXXXXXX: GEEZ I KNEW THEY WOULD KILL IT
XXXXXXX: WELL SO MUCH FOR THAT
XXXXXXX: WELL SO MUCH FOR THAT
XXXXXXX: DID WE NOT SEE THAT THEY GOT 7 TRILLON IQD FROM THE IMF AND WORLD BANK
XXXXXXX: YES OR NO
XXXXXXX: NO CLUE
bearcat: What kind of credibility does "Fazel Nabi" have anyway?
XXXXXXX: NEVER HEARD OF HIM
XXXXXXX: YES AND NO WHAT
XXXXXXX: OK AKUNEWS IS FROM KURDISTAN IS IT NOT
XXXXXXX: IS IT POSTED ON ANY OTHER NEWS SOURCES
XXXXXXX: BOY THAT IS A KICK IN THE GONADS
XXXXXXX: OK I JUST ALSO READ THAT THEY ARE GOING TO MAKE AN EFFORT TO REMOVE IRAQ FROM CHAPTER VII
Breitling: WHEN?
XXXXXXX: OK IT HOLD
XXXXXXX: IT IS NOT THE REMOVAL OF CHAPTER VII
XXXXXXX: BUT REMOVAL OF THE ARMS SANCTIONS XXXXXXX: THAT IS ALL
XXXXXXX: IS IT POSTED ON ANY OTHER NEWS SOURCES
Breitling: HOW CAN THEY NOW NOT NEED THE IMF LOAN?'
XXXXXXX: THERE IS NO WAY THEY WILL BE RELEASED FROM CHAPTER VII UNTIL ELECTIONS
XXXXXXX: B THEY ARE SAYING LIKE LAST YEAR
XXXXXXX: WHEN THE OIL WAS AT 140 BUCKS
Breitling: OK
XXXXXXX: REMEMBER THEY COUNTED ON THAT RATE
Breitling: SO IT IS FROM OLD PROJECTIONS
XXXXXXX: AND THEN IT PLUMMETED
XXXXXXX: NOW THEY ARE COUNTING ON THE 80 BUCKS
XXXXXXX: NOT THE 60
XXXXXXX: WHICH WE KNOW IS A BIG MISTAKE
Breitling: RIGHT
XXXXXXX: ALSO THIS GUY IS SAYING THE IMF LOAN WAS ONLY A RUMOR
XXXXXXX: THIS IS REDICULOUS
Breitling: THATS NOT TRUE
XXXXXXX: BUT MAY NEED IT ON A STANDBY
XXXXXXX: IF I WERE THE IMF AND THEY HAD WASTED ALL THESE MONTHS
XXXXXXX: OFF TIME AND NEGOTIATIONS
Breitling: IRAQ WAS AUDIT AND GIVEN STIPS BASED ON THE PROSPECT OF A LOAN
XXXXXXX: AND THEN TO COME OUT AND OUTRIGHT LIE
Breitling: SOUNDS FISHY
XXXXXXX: THIS IS WHY INTEL CAN NEVER BE COUNTED ON
[XXXXXXX: THIS IS BEYOND EVER CHANGING DYNAMICS
XXXXXXX: WELL THIS PUT THE MANDATORY RV DOWN THE CRAPPER DIDN'T IT
Breitling: YES IT DOES
Breitling: MED CAN YOU IM ME ?
XXXXXXX: I CHECKED ALL THE ONES AND FOUND NOTHING
XXXXXXX: THAT IS A KURDISTAN NEWS PAPER
XXXXXXX: SO I AM LEARY OF IT
XXXXXXX: WHY WOULD AN UNDERLING SAY THIS
Breitling: MED
XXXXXXX: AND NOT THE MINISTER OF FINANCE WHO NEGOTIATED THE DEAL WITH SHABIBI
XXXXXXX: YES B
Breitling: FIRST PAYMENT ON THE 7 BILLION DOLLAR LOAN IS ON MARCH 17TH
Breitling: SO MY QUESTION IS
Breitling: DO THEY HAVE THE PAYBACK RATES TEH UN DEMANDED BACK IN DEC
XXXXXXX: I AM NOW MIFFED
XXXXXXX: WHO IS THIS GUY SAYING THIS
XXXXXXX: I HAVE NEVER HEARD OF HIM
Breitling: CAN YOU IM ME MED?
Breitling: OK v=Breitling: DOES NOT SOUND RIGHT
Breitling: INFACT I THINK THE GUY IS WRONG
Breitling: UNTILL WE GET MORE INFO
Breitling: NO NEED TO SPECULATE ON THAT INFORMATION
Breitling: THE U.N DEMANDED THAT IRAQ HAVE A PAYBACK PLAN FOR IMF LOANS AND SOFT LOANS
Breitling: AND MUST BE IN PLACE BY END OF MARCH
Breitling: SO DONT KNOW HOW THAT GUYS INFO EVEN RELATES
Breitling: WHAT DID MALIKI TELL THE UN B ACK IN DEC ?
Breitling: IRAQ IS TO GO INTERNATIONAL IN 2010
Breitling: IT WAS A LETTER OF INTENT
Breitling: THE UN HAS STATED FOR OVER A YEAR NOW , IRAQ NEEDS TO BRING THE CURENCY INTO INTERNATIONAL TRADE
XXXXXXX: WAIT WAIT B
Breitling: K
XXXXXXX: THAT IS FOR KURDISTANS BUDGET
XXXXXXX: THEY HAVE THEIR OWN BUDGET
XXXXXXX: THAT IS TOTALLY SEPARATE FROM THE GOI
Breitling: YOU MEAN TEH ARTICLE ?
XXXXXXX: Kurdish PM to announce Kurdistan’s 2010 budget today-
XXXXXXX: THAT GUY IS FROM KURDISTAN
Breitling: OK TIME TO XXXXXXXATE MYSELF
XXXXXXX: NOT THE GOI MINISTER OF FINANCE XXXXXXX: I KNEW THIS WAS TURNING PSYCHO
Breitling: DUDE
Breitling: BE HONEST
Breitling: THAT SCARED ME
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XXXXXXX: Alaa al-Sadoun said Deputy Chairperson of the F
XXXXXXX: Parliamentary: Iraq has received a loan of $ 7 trillion dinars to cover the deficit XXXXXXX: Alaa al-Sadoun said Deputy Chairperson of the Finance Committee in the House of Representatives that the World Bank and IMF special drawing rights and made a loan to Iraq Bmlbg 7 trillion Iraqi dinars to bridge the fiscal deficit.
XXXXXXX: Said Saadoun, a member of the Accordance Front, said: "The fiscal budget deficit of 21 trillion Iraqi dinars. Sntdark and recycled it through my existing budget of the past year.
XXXXXXX: And the budget in 2010 was calculated on the basis that the price of a barrel of oil to $ 62,5, and the price The current oil is $ 73 a barrel. and this difference would reduce the fiscal deficit.
XXXXXXX: OK HERE IS A HEADS UP ON THE RV XXXXXXX: WAIT XXXXXXX: IRAN IS DROPPING 3 ZEROS XXXXXXX: TO INCREASE THE VALUE OF THE RIYAL
XXXXXXX: THERE IS NO WAY IRAN CAN HAVE A CURRENCY THAT IS WORTH MORE THAN IRAQS XXXXXXX: RIGHT NOW IT IS WORTHLESS XXXXXXX: RIGHT WITH THE DONG XXXXXXX: BRB
XXXXXXX: THE CURRENT EXCHANGE RATED IS 10005 TO 1 USD
XXXXXXX: IRAQ IS 1170 TO ONE
XXXXXXX: 1.00 IRR = 0.000100929 USD
kingwm: it is a lop, not a revalue
XXXXXXX: ARE YOU SURE KINGWM
XXXXXXX: DOES IT SAY LOP
XXXXXXX: OR ARE THEY REMOVING THE 3 ZEROS
kingwm: the iran money, isn't that what dropping 3 zeros means?
XXXXXXX: NO IT IS NOT NECESSARILY
kingwm: i read in an article today they were dropping 3 zeros
XXXXXXX: YES SO DID I
XXXXXXX: BUT HERE IS THE DIFFERENCE
kingwm: then i ,may not quite understand it fully
XXXXXXX: ARE THEY DROPPING IT OFF THE CURRENCY
XXXXXXX: OR OFF THE RATE OF EXCHANGE?
XXXXXXX: THERE IS A DIFFERENCE
XXXXXXX: THERE IS A DIFFERENCE
XXXXXXX: 1.00 IRR = 0.000100929 USD
kingwm: i dunno that, i hope that is a rhetorical question kingwm: because for some reasons the rial has depreciated and we should bring its real value back,"
XXXXXXX: OK HOLD ON
XXXXXXX: IT IS NOT RHETORICAL
kingwm: that statement amazed me earlier
kingwm: i wasn't sure, it looks like a lop to me, but i am a newbie
XXXXXXX: CUZ IT CAN HAVE AN ANSWER
kingwm: i meant rhetorical in the that you already knew the answer when you asked the question
XXXXXXX: HAVE YOU BEEN INVOLVED IN A LOP BEFORE
kingwm: nope
XXXXXXX: WHEN VN LOPPED
XXXXXXX: OR DEVALUED
XXXXXXX: SORRY BAD ONE
XXXXXXX: NOW IT COULD BE
XXXXXXX: IF THEY ARE IN HYPERINFLATION XXXXXXX: WHICH FOR THE LAST 20 YEARS THEY WERE
XXXXXXX: NOW UNDERSTAND WHETHER THEY LOP OR DROP 3 ZEROS kingwm: the artivcle says they don't understand why their currency has lost so much value XXXXXXX: BECAUSE THEY ARE ON THE OFAC LIST AND CONSIDERED A TERROR STATE
XXXXXXX: THAT IS WHY
XXXXXXX: REMEMBER A COUNTRY HAS TO WANT THEIR CURRENCY
XXXXXXX: THAT IS ALSO WHAT BRINGS IT VALUE
XXXXXXX: WHO WANTS IT TO TRADE WITH
XXXXXXX: THE US WON'T
XXXXXXX: BUT IRAQ WILL NOT BE ABLE TO STAND BY
XXXXXXX: AND HAVE THEIR CURRENCY VALUED THE LOWEST IN THE GULF
XXXXXXX: NOW REMEMBER
XXXXXXX: WITH THIS HAPPENING NOW IRAQ HAS LOST PURCHASING POWER WITH ANY TRADE AGREEMENT WITH IRAN XXXXXXX: IT NOW WILL TAKE MORE IQD TO BUY IRANIAN GOODS XXXXXXX: INSTEAD OF VISE VERSA
XXXXXXX: DOES THIS MAKE SENSE?
XXXXXXX: NOW WE HOLD OUR BREATH