GMCHNGER POST - KTF Missions

Iraq's IMF Information

I posted this to someone tonight, but I thought I would share it with the rest of you as well...

NOTE: This is my interpretation of what I found... so while the facts I state are documented on the site referenced below (you have to dig a little), my INTERPRETIVE comments are just that...and NOT to be taken as INTEL. Just some things that made me go "hrmmmmmmm".

When you follow the link in the PR announcement on Frank's posting tonight, you can see the list of countries that participate. Clicking on Iraq (obviously listed as "New!"), it pulls up the Index of Tables. Here's the direct link to the tables:

http://dsbb.imf.org/Applications/web...t/?strcode=IRQ

Here's the three things I find interesting:

1) Regarding employment, the document is set to define employment as 2.5 hours of work per day during the week previous to the survey. Not too hard to accomplish, so I think in addition to the RI money they will have, Maliki's achieving his promise was made easier by this standard. It especially makes me think the RI is imminent, because it's going to be VERY hard to survive in what will become one of the wealthiest nations on the earth with only 2.5 hours of work each day WITHOUT some other form of income in a currency that's worth something that helps you pay the bills.

2) There are 23 tables that you can link to regarding Iraq's IMF data (there are more listed, but they aren't linked to anything yet). Every one of those 23 tables lists contacts and data characteristics and information on how that section is to be analyzed and handled. EXCEPT ONE... "Exchange Rates".

It IS a link so you can view the page, and when you follow the link, there are headers on the table for every section, but each section on that table is completely empty. This is the only table on the list like this. If there was no information to go there, my thought is they would have put the text there, but not linked to anything (like they have for other table listings such as "Interest Rates" or "Stock Market"). It's almost as if they are waiting for some reason to populate the data onto that one page, and need to have the template ready so they CAN populate it fairly quickly.

3) Under the top link "Summary Tables > Plans for Improvement > Ministry of Finance", in the second blue header section "Central Government Operations"... The very first item on the agenda (LISTED AS SHORT TERM goal) is 2.1.1 "Adopt a proper analytical framework for GFS distinct from the budgetary ‎framework by using the Government Statistics Manual 2001 (GFSM 2001), but ‎on a cash basis" ...(emphasis added by me).

So the GFS is supposed to operate it's budget on a cash basis, not an acrual basis.... Our CPA's out there may be able to offer a little more explanation as to the difference, but in a nutshell... Acrual allows you to "borrow" from tomorrow's revenue to pay for today's bills without turning your balance sheet negative. On a cash accounting basis however, you pay for today's bills with the money you have today, and if you don't have it, you're overdrawn and broke or you don't buy what you need. My question is....How do you foot the bill for your daily operations, when you don't have cash that is worth the lighter fluid to set it on fire? Especially when your projected 2010 government budget is running over $70 Billion?

All seems to point to something significant happening soon with their revenue... which we already know...it's just good to see some (IMO) some more evidence of this happening.

FRANK POST - KTF Missions

Good evening KTFM Family,

The first thing I want to talk about today is the Second day of ………The Three Days. Some of you by this time have already cashed in all of your dinars at a bank that you made a good deal with or ……….just a small portion and are awaiting our mass email to give you further locations and their rates to exchange at. By this time we will also know how much time we are being given to exchange our dinars. IMO……we will have at least 30 days giving us plenty of time to study some of the successes and failures of others. On this day we should have all the material that we want to send out to you via email. It will contain the bank and its rate that we made deals with and Ali’s rate so that you can make a decision on which to select from. We will supply you with the phone numbers that you will need to call in your appointment. You will have to decide whether you are looking for a high exchange rate or the convenience of comfort and higher security by not having to travel great distances. We will not be supplying specific banks………..instead the main branch and the phone number they gave us for you to call in to make the appointment with one of their local branches nearest you. I mentioned this before ……as an example WF will supply us with their number and when you call you will say you are a KTFM member and they will tell you the special rate reserved for you as a member and they will make your appointment for you. Ali wants me to tell you that his offices will be ready one week after the announcement is official. Except for his California and Tennessee office because they will be open………immediately after the announcement. Actually they already are in business selling dinars right now. On this second day ……..you may be traveling a lot to your destinations to exchange. When you travel it should not be done alone. It may be best to have at least two cars as a team going to your destination in case of mechanical failure in one car. It would also be wise to prepare your car as of now ……..tune up if necessary……..check your tires…….change your oil……….double check your heating system if you are in the North. Make sure you have your proper papers in your glove compartment. This is not an ordinary family outing in the old jalopy ………it is a serious trip with a serious cargo. If you are traveling by air…….you must claim your dinars. You can only fly with 10,000.00 USD. You can fly with more but if you try doing it without reporting it and they catch you through security ……..you will draw serious attention with this type of money. Call the TSA of your local airport and get the correct information so you are properly prepared and not waste time when you arrive for your flight. Some of you will make the decision to cash out a small amount of dinars at your local bank to have the funds to acquire a leer jet. This method is the best IMO. You will not have to go through security with your luggage that will contain your dinars. The flight is more comfortable and quicker. Make your hotel reservations in advance and if you are going to be waiting more than one day go to a bank when you arrive and rent a safety deposit box to secure your dinars. Do not trust the hotel safes. Tomorrow we will review what you will experience at a bank or with Ali when you exchange as we finish with the third day of The Three Days.

This was called into me that on another forum called DinarVets a member by the username of SCORPION is reporting that in Houston, Texas…….ATM machines are being set up to exchange dinars into dollars. I called my Houston people and they will be looking for these tomorrow. If it is true……..I like how they are just now being set up.

We were honored with a phone call today a person well known on the internet ……….to be trustworthy. It is my intention to protect this person as they come to join KTFM for the first time. We took the opportunity to overlap our intel. I pointed out that I am concentrating on banks. I am looking for bank officers in the US that can start negotiating with us for a good rate. As for the banks in Iraq I seek………..the lower denoms and fils. I told the person that my team has seen them at Iraq banks and by the Grace of God ………so have they. We began to compare notes and I was greatly encouraged on how our intel was overlapping. This team has also seen the lower denoms and ………..THE THREE FILS. I capitalized that because most people think that there are only two fils. In total there are three……..the quarter fil, the half fil and the three quarter fil. We compared the structure of the coins and the colors…………our intel matched. I am very encouraged by this phone conversation and wanted to share it with you. This new member may stay under the radar ………under my protection or they may come out and say hi someday. Until then I will be in communication with them as often as possible.

There are a lot of articles coming at us as if we were playing dodge ball. It is important that we do not reach to low of a point that it depresses us nor should we reach to high of a point where we lose our discipline of control. One article today said that after a government study they have decided to increase the dinar. Problem is ……….it’s a recycled clone. These types of articles are literally shuffled through the news agencies and when they magically reappear …………the header is programmed to slot in the current date. Making it look like it’s contemporary. Anther article says that Iraq urges UNSC to extend DFI and IAMB mandates for one more year. Well that’s stupid. Why would you need this money if you are about to announce the increase of your currency? It’s almost as if they are just going through the emotions of their ……..mundane stupidity. No matter what Family be strong when you read articles……..and then be stronger.

Intel……..as of Dec. 27th all military and civilian clinics, along with hospitals, are going to start closing except for the one that is in the heart of Baghdad. (To the person who sent this via pm…..I apologize that I did not mention your name…….I did not write it down when I read your intel). We looked into this and were able to verify it so we share it.

Silent messages…….are the loudest. The US makes a political pledge to the Kurds in Iraq. Hmmm………talk about the missing link.

A team member is working with an Iraqi UN liaison. We have already posed three important questions related to our investment and the answers were extremely positive. We are proposing three more questions which have been sent by email but will not bother the gentleman obviously if we have the RI tomorrow. If not………..then we plan to follow up and finish our interview with him and God willing I will share it. It is very interesting how this liaison is responding.

Iraq Inquiry: The First National Security "Blackout"

Author: Iraq Inquiry Blogger |Posted: 7:29 pm on 15/12/09
Category: Iraq Inquiry Blog | Tags: Iraq inquiry/ Iraq war/ Sir Jeremy Greenstock/ Sir John Chilcot

I’m not sure whether it’s a worse reflection on us the media or the nature of today’s evidence when I say that the most interesting moment was the inquiry being censored at midday.
Actually that’s probably a little unfair. Certainly Sir Jeremy spoke with his customary silver tongue but phrases like “catastrophic success” – wherein the Iraqi regime collapsed before the coalition was anything like ready for it to do so – were nonetheless chilling.
You sensed also some frustration as he met Blair for talks in September 2003, prior to taking up the UK special envoy role in Baghdad.
Despite the already-deteriorating security environment, the PM made it clear that he didn’t want any further troops committed; instead he pushed for the Iraqi police – an unhappy group of whom scarcely one witness has had a good word to say – to be trained up in a fraction of the time Sir Jeremy thought that would require.
But the national security blackout – triggered when the inquiry heard something that would endanger national security if reported (we were told) – was undeniably an attention-grabber.
We’ve had a few blank screens before but only due to technical glitches. This was clearly of an altogether different order.
One inquiry official tried to seal us into the press room, which even the slower among us (ok, me) thought could possibly mean something was afoot.
Another told us that she couldn’t tell us anything, but that she’d tell us later if she could, but asking us not to report that. An eminence grise purred in from the Cabinet Office to assess the damage.
The irony of all of this being that any one of us hacks could’ve heard the offending word(s) had we been in the main committee chamber, not watching proceedings from the press room.
Problem is that we’re not allowed to take mobile phones or laptops in there, and tweeting the proceedings rather requires one or the other.
Enterprising hacks tried asking members of the public who’d been watching inside the chamber, but got a whole range of different suggestions back as to what prompted the blackout.
No sign as I write of the written transcript on the inquiry website but we were promised that a redacted version would be forthcoming: iraqinquiry.org.uk/transcripts
Back tomorrow for hopefully-uninterrupted sessions titled The Views from Baghdad, London & Whitehall. Witnesses from MoD, the FCO and 10 Downing Street – full list here: iraqinquiry.org.uk/hearings/timetable Good night x

OKIE OIL MAN POST - KTF MIssions

UNUSUALLY EARLY
SANTA'S PLAN IS TO BE AHEAD OF CHRISTMAS THIS YEAR BY
SEVERAL DAY'S---IF MURPHY'S LAW DON'T INTERVENE------

DECISION TO LIFT THE VALUE OF THE IQD

By James A Smith Senior Financial Officer
12/17/2009 5:45:07 AM

James A Smith Senior Financial Officer
JAS Financial

Decision to lift the value of the Iraqi dinar was the result of valuable studies. Finance Minister Baqir Jabr said the Iraqi dinar has been improving during the current period.

He explained that the Iraqi Central Bank's decision to raise the value of the Iraqi dinar against foreign currencies was correct and was the result of valuable studies aimed at raising the purchasing power of the Iraqi people above all else.

He pointed out that the Ministry's plans absorbed all future programs in the budget for next year to move the Iraqi economy properly.

Here are a couple of very real facts. Iraq has a majority of the world’s natural reserves and crude oil, putting it on the same level as Saudi Arabia and Kuwait . If you know anything at all about Saudi Arabia and Kuwait , you should know that their currency is very valuable and their natural resources are the reason. So, why isn’t Iraq as rich as Saudi Arabia and Kuwait ? That answer is simple – they only recently established a stable government, elections are now being held successfully, and the march towards financial recovery is progressing steadily. Crime and terrorism is lower and lower all the time! And just as importantly – the Iraqi people are unjustly impoverished as a result of the recent chaos, and they cannot remain in that situation for much longer – not when they control a major amount of the world’s “black gold”.

http://blackhillsportal.com/npps/story.cfm?id=3565

18DELTA CHAT

8xxxxx says to (19:39:46): HEY SORRY
8xxxxx says to (19:40:28): OK ON IRAQ ASKING FOR THE UNSC RESOLUTION 1859 TO BE EXTENDED FOR ONE YEAR.
8xxxxx says to (19:41:01): OK THIS IS NOT MODERATED BECAUSE YOU WILL BE ANSWERING THE ? TO YOURSELVES.
8xxxxx says to (19:41:22): OK WHAT DOES UNSC 1859 PROTECT OF IRAQS?
8xxxxx says to (19:41:26): ANYONE
msp133 says to (19:41:38): dfi funds
Aunt Gwennie says to (19:41:42): assets
bobbyee says to (19:41:43): their oil
8xxxxx says to (19:41:46): YES STOP
8xxxxx says to (19:42:38): YES IT PROTECTS THEIR OIL REVENUES FROM BEING GARNISHED OR LEVIED BY ANOTHER COUNTRY THEY OWE MONEY TOO.
8xxxxx says to (19:43:31): AND WHY DO THEY NEED THIS RESOLUTION OF PROTECTION BY THE UN? IT IS NOT A MONEY ISSUE OR LIEN ISSUE. WHAT IS THIS COUNTRY NOT PROTECTED BY BECAUSE OF CH VII?
dinar investor says to (19:43:53): International law
irishbrian says to (19:43:59): No cover from Internatonal Law
8xxxxx says to (19:44:13): DINAR INVESTOR AND IRISHBRIAN ARE CORRECT
8xxxxx says to (19:44:53): WHEN A COUNTRY IS PUT UNDER CHAPTER VII THEY LOSE ALL RIGHTS OF INTERNATIONAL LAW PROTECTION WHICH SAYS A GOVT CANNOT BE SUED
8xxxxx says to (19:45:32): NOW WHAT DOES THE IAMB (INTERNATIONAL ADVISORY MANAGEMENT BOARD) DO?
mikeC says to (19:46:00): is an audit oversight body for the Development Fund for Iraq (DFI).
antfuzz says to (19:46:06): Oversight
8xxxxx says to (19:46:18): MIKE AND ANTFUZZ ARE CORRECT
8xxxxx says to (19:46:38): ALONG WITH ALL FROZEN ASSETS
8xxxxx says to (19:47:16): NOW THEY HAVE APPROX 120 BILLION IN OUTSTANDING DEBTS TO COUNTRIES.
8xxxxx says to (19:47:30): 60 BILLION JUST TO THE KUWAITI'S AND SAUDI'S
8xxxxx says to (19:47:50): NOW IF 1859 IS REMOVED AND CHAPTER VII IS NOT
8xxxxx says to (19:48:11): WHAT WILL IMMEDIATELY HAPPEN TO IRAQS FUNDS THEY HAVE PUT INTO THE DFI?
jonmac says to (19:48:21): they will be taken
rmilk says to (19:48:27): gone
perstirpes says to (19:48:27): lawsuits
8xxxxx says to (19:48:29): DARN RIGHT
juiceman says to (19:48:29): seized
sley says to (19:48:30): Liens will be put against it.
8xxxxx says to (19:48:45): THEY WILL BE MISSING 120 BILLION USD
8xxxxx says to (19:49:08): IF YOU READ KUNA REPORT, IT SAYS THEY WANT TIME TO NEGOTIATE THEMSELVES OUT OF DEBT.
8xxxxx says to (19:50:44): THE PREVIOUS PARLIAMENT DID NOT HELP WITH THIS. THEY SHOWED A DISDAIN FOR KUWAIT AND CAUSED THE NEGOTIATIONS TO STALL AFTER BAN KI MOON AND THE FOREIGN AFFAIRS MINISTER NEGOTITATED ONE WITH KUWAIT.
8xxxxx says to (19:51:30): IS THAT ALL THAT IS ON YOUR MIND AND IT IS AMAZING THAT ANYTHING I AM JUST EXPLAINING PEOPLE THINK I AM SAYING NO RV
8xxxxx says to (19:52:01): PLEASE AND I SAY THIS WITH ALL KINDNESS. GRAB YOUR LEFT EAR AND YOUR RIGHT EAR AND PULL IT OUT.
8xxxxx says to (19:52:15): THIS IS SO FRUSTRATING
8xxxxx says to (19:53:02): WHAT DOES ALL THE INFO WE HAVE GOTTEN SAY ABOUT THE POSSIBILITY OF AN RV BETWEEN THE 17-20TH?
JRCivic says to (19:53:22): highly possible
perstirpes says to (19:53:25): on track and pulling into the station
8xxxxx says to (19:53:25): HAVE I IMPLIED ANYTHING DIFFERENT
JRCivic says to (19:53:34): no
hawkdown says to (19:53:34): no
8xxxxx says to (19:53:55): BOY DB YOU WERE SO CLOSE LAST YEAR SAYING JAN 2010
8xxxxx says to (19:54:59): NO I AM NOT UPSET
8xxxxx says to (19:55:04): JUST LIKE UGGHH
8xxxxx says to (19:55:08): SOMETIMES LOL
hawkdown says to (19:55:11): yep
calldinar says to (19:55:16): Iraq is just getting all their duck's in a row!
8xxxxx says to (19:56:39): I REMEMBER DAYS WHEN I WAS SO WORRIED HOW I WOULD PAY THE PROPANE BILL AND FEED MY FAMILY
8xxxxx says to (19:57:27): BUT TO HAIRGAL, NO THIS DOES NOT MEAN THE RV IS IN ANYWAY DELAYED ANYMORE THAN MALIKI WANTS IT TO
8xxxxx says to (19:57:52): ONE THING THAT DID HAPPEN TODAY THAT TDURDEN FOUND OUT
8xxxxx says to (19:58:36): IS THAT THE DAY FOR ANNOUNCEMENTS OF CANDIDACIES HAS BEEN EXTENDED TO THE 20TH AND NOT TOMORROW
8xxxxx says to (19:58:58): HE POINTED OUT THIS COULD DELAY ANY ANNOUNCEMENT BY MALIKI FOR A DAY OR TWO.
8xxxxx says to (19:59:19): BUT I CAN'T SEE IT MAKING MUCH OF A DIFFERENCE
Dinar$Buyer says to (19:59:34): so we are looking at from tonight until Spring then?????lol
8xxxxx says to (19:59:42): YES DB
8xxxxx says to (20:00:22): OR WHEN THEY GO ONLINE WITH THE IMF'S DATA DISSEMMINATION SYSTEMS
8xxxxx says to (20:00:52): THAT'S WHAT HAPPENS WHEN YOU HAVE YOUR HEAD IN SOMEONE ESLES TOILETS ALL DAY
8xxxxx says to (20:00:59): ROFLMAO
8xxxxx says to (20:01:41): SO DOES THIS EXPLAIN WHY THE IRAQI'S HAVE ASKED FOR AN EXTENSION OF 1859
mythbuster says to (20:01:55): Yes
fritzidinar says to (20:02:06): YES IT DOES
8xxxxx says to (20:03:04): OH I AM SORRY
antyspot says to (20:03:06):8xxxxx I do not want to sound dumb but I am for I am confused
mcptrman says to (20:03:25): Wouldn't it mean Iraq has up to a year to work out other deals with their debt instead of paying Cash. Whether or not it RV's or not ?
8xxxxx says to (20:03:27): NO CLUE WHY
perstirpes says to (20:04:03): it protects them as they rv as well. until 7 is lifted
8xxxxx says to (20:04:15): YES PERSTIRPES
8xxxxx says to (20:04:18): EXACTLY
8xxxxx says to (20:04:35): VERY GOOD
perstirpes says to (20:04:42): ty
8xxxxx says to (20:04:45): OK I AM DONE FOR THE NIGHT
68converted says to (20:05:25): The protection would help them to stave off any debt collection giving them time to create an expansionary economy
8xxxxx says to (20:05:28): NO I AM HAVING SHOCK THERAPY
8xxxxx says to (20:05:47): TO REMOVE ANY AND ALL DINAR INFO
butterfly says to (20:05:55): DELTA WILL IN EXTENSIVE SURGERY TO REMOVE THE SHARP STICKS FROM HIS EYES
mountainman says to (20:06:29):8xxxxx shock therapy should do the trick!

DANIE1 POST - KTF Missions

Encouraging Info rec'd from Bank
--------------------------------------------------------------------------------
I am not sure if I am posting this in the right place or not, but if the mods feel the need to move it, I am sure they will.

About two months ago, I went to my bank - BB&T, mainly found in VA and NC. I asked the Banker if they buy or sell the Iraqi Dinar and they told me "no" and offered an International Currency Exchange to buy from here in VA. The International Exchange was selling at a higher rate than what I could get elsewhere and when I sell back to them, they would only give me half what I paid or half the exchange rate for that day when it rvs. Guess what? I didn't do business with them. I bought elsewhere.

Today, I went in to talk to my banker and just asked again if they buy or sell the Iraqi Dinar. He told me "no" and offered the same referral as before. I then asked him about the Vietnamese Dong. He did not know if they exchanged it or not, so he called BB&T Foreign Currency Dept. to find out. While he was on the phone, he asked them about the Iraqi Dinar and they said, "yes, we sell it now and will be exchanging it when the rate is set". He got off the phone and told me what they said. By the way, I got so excited and he did too that he forgot to tell me about the Dong!

He proceeded to tell me that he checked with the BB&T Foreign Currency Dept. himself less than a month ago and they were not dealing with the Iraqi Dinar AT ALL. They just made the decision recently to buy and sell it.

IMO...they probably saw the opportunity of a life time and made the decision to exchange the Dinar or possibly have some intel that led them to that decision. Either way....they made a change and it looks positive to me.

My Banker now has his eyes and ears open and told me he would be contacting me first thing when he receives any information on the rate or the exchange.

Hang in there folks.....It's coming!!!!! We just have to be patient!

Originally Posted by indwelt
Encouraging news Daniel. I'm in the Winchester, VA area. Do you know whether there will be a BB&T location anywhere in VA that will be able to authenticate the dinar on site?

DANIEL's RESPONSE
He told me that they would not do the actual exchange at my branch, but they would inner office the dinars to Charlotte, NC for the exchange and deposit the money into my account from there, but I do not have to go to Charlotte myself. When I go back into the bank, I will ask him that question. Good question....thanks!

22COCONUTS22 POST - KTF Missions

This is nothing new but i just told a co-worker about the dinar a couple days ago..she hadnt heard anything about it so she talked to a friend of hers who is originally from iraq. The friend told her that his dad still lives in iraq and has been buying up as much dinar as possible over the past several months in anticipation of the ri/rv. My friends son just got sent to iraq and just arrived there yesterday. She called him to inquire if there was any truth to what she has been hearing. Before she could finish he interupted her and told her that he already knew, and that he was going to buy some dinar as soon as possible. Apparently all the soldiers are buying and mailing home. They don't have a lot of money (the soldiers) so they spend a hundred bucks and mail it home. According to my friends son, all the soldiers are aware of what is about to happen. My point is that her son is there less than a day...he had never heard about anythiing with the dinar until the day he arrived...and learned that he needed to buy some asap. This is the first time i have gotten information from anyone other than the forum....just confirmed everything for me

Dates of Ramadan and Other Islamic Festivals

2009 CALENDAR OF IMPORTANT ISLAMIC DATES
Aashura: January 7, 2009
Ramadan: August 21 - September 19, 2009
Eid ul-Fitr: September 20, 2009
Hajj: November 25 - November 28, 2009
Eid ul-Adha: November 27, 2009
Islamic New Year: December 18, 2009 (1431 A.H.)

2010 CALENDAR OF IMPORTANT ISLAMIC DATES
Aashura: December 27, 2009
Ramadan: August 11 - September 8, 2010
Eid ul-Fitr: September 9, 2010
Hajj: November 14 - November 17, 2010
Eid ul-Adha: November 16, 2010
Islamic New Year: December 7, 2010 (1432 A.H.)

2011 CALENDAR OF IMPORTANT ISLAMIC DATES
Aashura: December 16, 2010
Ramadan: August 1 - August 29, 2011
Eid ul-Fitr: August 30, 2011
Hajj: November 4 - November 7, 2011
Eid ul-Adha: November 6, 2011
Islamic New Year: November 26, 2011 (1433 A.H.)

2012 CALENDAR OF IMPORTANT ISLAMIC DATES
Aashura: December 5, 2011
Ramadan: July 20 - August 18, 2012
Eid ul-Fitr: August 19, 2012
Hajj: October 24 - October 27, 2012
Eid ul-Adha: October 26, 2012
Islamic New Year: November 15, 2012 (1434 A.H.*)

2013 CALENDAR OF IMPORTANT ISLAMIC DATES
Aashura: November 24, 2012
Ramadan: July 9 - August 8, 2013
Eid ul-Fitr: August 9, 2013
Hajj: October 13 - October 16, 2013
Eid ul-Adha: October 15, 2013
Islamic New Year: November 4, 2013 (1435 A.H.*)

REV. AL SHARPTON ON TIGER WOODS - FUNNY!

This has NOTHING to do with the investment... but ya gotta admit, it was worth posting. LOL! We truly are in the last days...

The Rev. Al Sharpton held a press conference today to blast Tiger Woods for the lack of diversity among his mistresses. Sharpton claims that the lack of African-American women among Woods’ harem will have a negative affect on the black community, specifically young black girls.

“Why is it that a man who calls himself black can’t bring himself to cheat on his wife with a black woman?” said Sharpton, speaking to a group of supporters in Harlem. “What does it say to young black girls everywhere when you pass them over? Shame on you, Tiger Woods. What would your daddy say?”

Sharpton, who has long championed taking black women as mistresses, said that today’s black athletes need to stop neglecting black women when it comes to extramarital affairs, and should follow the examples of positive black role models such as Jesse Jackson and Martin Luther King, Jr., both of whom cheated on their wives with black women. Sharpton also stressed that cheating with African-American women would help the black community financially by giving black girls the chance to sell their stories to tabloids and gossip magazines.

Added Sharpton, “I’m not asking you to not cheat on your wives, I’m just asking you to give back to your own community.”

18DELTA CHAT

I HAD A CALL FROM MY BEST FRIEND LAST NIGHT. HIS BRO IS CONNECTED TO SEVERAL ECONOMISTS IN DUBAI. HE STAYS WITH THEM WHEN HE ATTENDS ECONOMIC CONFERENCES ON THE MIDDLE EASTERN REGION FOR ACADEMICS. YESTERDAY HE GOT A CALL FROM THEM. WHATEVER WAS SAID IT WAS COMPELLING AND CONVINCING ENOUGH THAT HE ORDERED 15K OF IQD FROM SAFE DINAR.

HE SAID THEY GUARANTEED A REVALUATION BETWEEN THE 17-20TH OF DECEMBER. THIS FALLS IN WITH BGPATTONS INFO FROM THE SECRET SERVICE OF MALIKI USING IT TO KICK OFF HIS CAMPAIGN ON THE 17TH. NOW I AM WONDERING WHEN MALIKI ON THE 26TH OF NOVEMBER SAID HE WOULD END UNEMPLOYMENT BY THE END OF THE YEAR. DID HE MEAN THEIR YEAR OR OUR YEAR? CUZ THEIR YEAR ENDS ON THE 18TH AND XMAS I BELIEVE IS THE 22ND IN IRAQ. DOES ANYONE REMEMBER IF THIS IS TRUE? WHO KNOWS ALL I KNOW IS IT IS LISTED. ASK A MUSLIM. LOL!

HARRIS WHAT IS THE ACTIVITY ON THE NATIONALS TRYING TO GET THEIR HANDS ON IQD? OK I SAW MY BUD WAS ON EARLIER. THERE IS MORE. I HAVE TO GET IT.

XXXXX received a call from the head of the Bank in Cairo, Egypt and he said, XXXXX you can quit worrying about it now…. I just got word it will be over very soon…. Set back and relax because it will be over by Sunday….

THIS IS FROM AN INTERNATIONAL GOLD BROKER. HE DOES WORK FOR THE IMF AND FOR BANKS IN THE MIDDLE EAST. NOW I HEARD ABOUT THE INFO ON MONTANA'S SITE ABOUT THE 17TH CAMPAIGN KICKOFF RV FOR IRAQ BY MALIKI. THE INFO SOUNDED LEGIT, BUT DON'T KNOW THE SOURCE OR PERSON WHO REPORTED IT. I TALKED TO SONNY ABOUT IT AND AS I SAID WE AREN'T THE ONLY ONES THAT HAVE INTEL.

NOW IT LOOKS VERY PROMISING AND THE FACT THAT THE IMFS DATA DISSEMINATION SYSTEMS ARE GOING INTO IRAQ IS VERY BIG NEWS. HOW MANY OF YOU HAVE CHECKED THE RATES OF EXCHANGE PAGE ON THE IMF? IT IS THE ONE THAT FOLLOWS THE DAILY RATES OF COUNTRIES WHO HAVE RECOGNIZED CURRENCIES BY THE IMF TO PAY FOR IMF FUND TRANSACTIONS IN THE PAST. SEE IRAQ IS NOT LISTED. HAVEN'T BEEN FOR DECADES. WHY?

angel42b says to (06:02:05): not reconized curriency?

YES ANGEL CORRECT. VERY SOON IRAQ WILL BE LISTED ON THERE.

Republic of Iraq Monetary Summit Briefing (Rumor)

The Republic of Iraq National Government, United States of America and its coalition allies are in the midst of confirming the 18 December 2009 date to discuss monetary terms concerning our globalization of the New Iraqi Dinar.

Confirmations have been established by 13 of the 22 parties needed to proceed with these dealings (15 are needed to validate hearings).

In a recent summit, finance minister Adel Abdul Mahdi wrote the following:

English Translation (summarized): We feel strongly that these summit hearings will result in a complete globalization of our national currency and that we shall soon see a dramatic increase in the value of our legal tender.

Minister of Petroleum, Ibrahim Bahr al-Uloum, wrote Wednesday, December 2009:

English Translation (summarized): Our abundance of natural resources has positioned us to take full advantage of the current international economic crisis. I strongly believe the New Iraqi Dinar will soon be a respected currency within the global marketplace.

The al-Ittilaf al-Watani al-Iraqi (National Iraqi Alliance) mainly composed of Shi'ite Islamist Arab parties, has recently expressed approval of the forthcoming Iraqi Monetary Summit and also anticipate the future currency stabilization to result in national unity and internal strengthening.

The Saed Al Shuhada Islamic Movement appears to be the only national organization that opposes the Monetary Summit. Salam al-Maliki has stated that he disagrees with the summit meeting due to what he calls, the current condition of national unrest and the ever changing stability of the Iraqi national climate.

His concerns were well documented during the recent hearings of the Iraqi National Dialogue Council. His concerns have not affected President Jalal Talabani’s decision to hold the hearings.

Trade minister Abdel-Karim Mahoud al-Mohammedawi and finance minister Ali Adbul-Amir Allawi have recently issued this speculative briefing which was sent to all members of the governing council:

English Translation (summarized): We feel through a series of strong and productive hearings, we could come to realize a globally unified currency. The affects of international trading of the New Iraqi Dinar, could see the value of our currency be assessed as high as $1.85 as compared to $1 USD.

This is purely speculative but our country’s strong foundation of renewable resources along with a sturdy history of agricultural exportation supports this speculative estimate. Conversely, we feel as though the floor price could possibly be as low as $1.10 as compared to $1 USD, given a substantial decrease in the 2006 calculation of our gross domestic product evaluations.

You are receiving this news because:

A: You are an international dealer of The New Iraqi Dinar
B: You have purchased a substantial amount of The New Iraqi Dinar
C: You are/were a contributing member of the US Embassy in the Republic of Iraq
D: You are/were a member of the federal parliamentary republic.
E: You were an affiliate of the government’s austerity measures agenda.

Let the bloodshed not go in vein but let Iraq’s National Supremacy reign once more
http://articlesofinterest-kelley.blogspot.com/2009/12/republic-of-iraq-monetary-summit.html

SONNY1 CHAT - Dinar Vets

News From Sonny1 Chat 12-15-09

[Sunglass] Stop typing ROOM....................... Now please
[sonny1] and for the record adam is in dubai
[sonny1] as many of you already know, i have friends in dubai
[sonny1] i have for a while now
[sonny1] i just got off the one with m good buddy in adi dubai, and he told me that there is a 100% chance it rv's between the 17th and the 21st
[skelllley] sonny1 i have 2 contact that say the same thing!
[sonny1] now these guys have given me info before, but never a rv date, only news that has been riht
[sonny1] right about .
[sonny1] now the rate isnt 2.47, its closer to 1.40
[Bumper64] I will take that anyday!!
[sonny1] now my arab buddy is very low key, he could win the lottery and take a nap
[sonny1] but he was jacked
[sonny1] he told me if i could get more dinar to buy some, i dont recommend anyone doing this, but it is wonderful news
[skelllley] you know if fact terryk had the same news i think
[skelllley] so that makes 4 sources
[sonny1] i believe this info, this isnt a george bushes barber rumor, its from a real person
[sonny1] i am usualy reserverd with rumors, i hear them all, but i believe this one, almost as fact
[sonny1] done, good luck to all

DINAR DADDY'S THOUGHTS

My gut...

We could/should be seeing an RV by Thurs/Fri of this week anywhere from $1.49 - $3+ range.  It could slip into this weekend, but if we don't see it by Monday of next week, we probably won't see it this year... maybe not even until springtime.... These are just my thoughts based on what I've read and heard. Read through several of the posts in this blog from today and yesterday. Many point to the 17th as well, so let's hope we're there!

THIS TIME, I WANT YOU ALL TO BE ON THE LOOKOUT OVER THE NEXT TWO DAYS... AFTER ALL THIS TIME... IT'S TIME! IMO...

CHAZMAN POST - One Dinar

For my own understanding, I compiled and revised some notes from *****'s recent chats on the history of the IQD, along with some Q&A. It occured to me that others who haven't been at this for years might also benefit from this summary of how we got to where we are now. So, I hope you find this helpful.

Compilation of Medic's Chats on the History of the IQD Investment
Explaining our Investment

Now I know for a fact the Iraqi dinar (“IQD”) is going to revalue (“RV”). Now the day? That is another story. I am going to teach you about this investment. We will go from almost the beginning so you really understand and can speak confidently about the IQD like I do.
Background

I will start with the International Monetary Fund (“IMF’) / Government of Iraq (“GOI”) relationship, which lasted almost 5 1/2 yrs. This as many of you called it was the SBA (Stand-By Agreement). The SBA consisted of funds that were available to Iraq through the IMF for stabilization loans. Iraq never used a single penny of the available SBA funds. The actual program that the IMF placed Iraq under was called the Stabilization Program for Developing Countries (“SPDC”). SPDC is an economic and monetary policy that was used to reduce inflation and improve the primary revenue generator of the Iraqi economy, oil and gas.

First, the economic policy diverted all available funding to develop the oil and gas sector to generate revenues to keep the GOI running and allow for infrastructure development. But this policy stripped health and social welfare and education programs of money. Further, although unemployment is still high, the IMF program reduced unemployment from 30 plus % to 18% by the end of the SBA.

The monetary policy component of SPDC will be discussed next. There are two basic types of monetary policies: contractionary and expansionary. The IMF’s SPDC used contractionary monetary policy to increase interest rates and stabilize the exchange rate of the IQD, which was pegged against the USD. The main goal of this policy was to reduce or combat hyperinflation. The CBI’s job is to (1) reduce the actual physical currency within the borders of Iraq; (2) auction off currency to foreign buyers to generate revenue; and (3) to sell off T-Bills and CBI bills and to trade for foreign currency assets. The T-Bills and foreign currency assets will eventually be used to protect the sustainability of the RV exchange rate. Currently, inflation in Iraq is low.

Many of the stabilization programs implemented by the IMF have failed the first time around. IMF stabilization programs failed when first implemented in Turkey, South Korea and Argentina. In contrast, Iraq has proven to be a textbook example of a successful implementation of the IMF’s SPDC policy. Following this success, the IMF released Iraq from SPDC program on March 18th. The plan was then for Iraq to move to Phase II, which called for expansionary monetary policy and a transition to a market economy. In fact, the Iraqi constitution actually mandates that Iraq to have a market economy. Yet, the transition to a market economy has not yet occurred.

The CBI’s Daily Auctions

Following the release of Iraq from the IMF SPDC agreement, the CBI continued to auction off IQD at an alarming rate. This prompted Prime Minister Maliki, Vice President Hashemi and the Parliament to plead with the CBI for several weeks to stop the auctions. The calls to stop the CBI auctions ceased the CBI’s Governor, Dr. Sinan Al Shabibi, explained the purpose behind the auctions. As of January 2009, the CBI auctions were not being held just to generate revenues to subsidize the imports that were not permitted to be purchased with DFI money. Shabibi was using different forms of a managed float to control the rate at 1170 against the volatile USD, which had dropped .22 cents in the past year. He skillfully managed to keep the IQD from plummeting. At the same time CBI was reducing Iraq’s dependence on the USD for internal transactions. The use of USD in lieu of the local currency is known as dollarization. They were slowly reducing the liquidity abroad and the overall use of the USD for purchases (e.g., eliminating dollarization) and encouraging Iraqis to use the IQD.

Now it was hard to use the IQD since the only way it is of any use is to purchase subsidized goods and services. Now this policy of removing the use of USD was finally done and finished by the 1st week of October2009. The USD is still used on US bases in Iraq in on the black market. The CBI’s auctions now have very little to do with revenues for subsidies but rather are almost totally for the management of the IQD exchange rate. They have transfers out and USD in. On many days times there is no USD, which means no IQD was auctioned off. The transfers out are for T-Bills and CBI bills that the CBI is purchasing/paying off or for the swap of foreign currency for foreign currency assets.

Now the auctions are complex, but for a simple KISS explanation. The larger transactions are “transfers out” that do not involve the sale of IQD. The only amount that is associated with the sale of IQD is the USD taken in. Now that also is misleading since CBI is managing the IQD's rate through a dirty float. It means they personally are manipulating the rate of the dinar not the worlds want or use of it themselves. And the reason is: nobody has a use for it but brokers and traders outside of the country.

I will explain the concept of a dirty float. When a central bank intervenes with a floating exchange rate, the rate is called a "managed float." The method of exchange is still a float, but the bank will provide money if the exchange rates are dropping so that the exchange rate remains constant. The central bank has control over the exchange rate of the currency: if the rate is dropping, they will supply money to bring it up again. There cannot be an RV when USD has been accepted and IQD has been sold until the central bank has closed for the day. If the USD is $0 for an auction then they can do an RV.

Now right now Iraq is at the brink of some major changes. CBI has approved an RV. It has been handed over to the GOI, which means Maliki. When or the reason that Maliki will use the RV to his best advantage only he knows.

Now going back in time - there are or were several major pieces of legislation that Iraq needed to pass.

HCL or Hydrocarbon Law, which entailed two parts. First part was the revenue sharing of the oil sales from Kurdistan and what was fair in the GOI and Kurds eyes as a split. Well it hasn't gone well. This spring it will be 3 years that the law has not been acted on. So Talibani (president of Iraq) and the oil minister did a semi settlement. They open up the pipelines and said that 83% goes to the GOI and 17% stays with Kurdistan.

Investment Law. Then part two was the oil laws that dealt with foreign investors in the oil industry and they being protected. All oil in Iraq is nationalized, meaning that it is owned and run by the GOI. Initially, the GOI was only offering foreign oil companies the opportunity to own a maximum 49% interest. This meant that companies would have to invest billions with no guarantees they be booted out at anytime. Not surprisingly, no companies were willing to bid under these conditions. It took Iraq about 3 months to amend the Investment Law in a way that would attract foreign investment. The amendments allowed foreign investors to have up to 75% controlling interests in their projects and to have lease terms of up to 20 years. These terms were attractive enough to induce foreign oil companies to step up to the plate and bid on Iraq’s oil contracts.

Now a couple of other issues:

SOFA or Status of Forces Agreement, which was signed in December 2008 by President Bush and PM Maliki. This is an agreement on the timetable that US forces must be removed from the cities and also the timeline that us forces are to leave Iraq. According to the agreement US forces are to be out of Iraq no later than December 31, 2011.

SFA or Strategic Forces Agreement which is an agreement between the US and Iraq that we will help with education to include Iraqi students in us colleges - hygiene and pretty much anything you can think of that we can teach them.

Chapter VII of the UN Charter. Now come May 2009, all looked very good for Iraq. Then the kiss of death jumped out, Chapter VII. It is a resolution that is enacted when a government commits an act of aggression against another UN member. Chapter VII is just the initial resolution. It is then followed by dozens of other resolutions that layout the exact consequences and issues that need to be resolved to have Chapter VII removed. This is why the open files by Kuwait are so important.

A country under Chapter VII is not protected by international law. It can be sued, which in general a country’s government cannot because of the protection of international law. The US is the only country whose leader has forbid any us citizen to sue or put a lien against Iraqi assets. This was PO 133303 signed by George Bush.

Along with CPA (Coalition Provisional Authority) Order No. 39 and later amended to CPA Order No. 40, this granted us as US citizens the same rights as Iraqis to purchase and own hard currency, stocks, bonds and securities that were issued by the CPA/GOI. This is why you are allowed to own IQD.

Now all sanctions are subsequently removed except for the open files of Kuwait, which is the reparations owed to Kuwait which is about 25 billion USD, the demarcation of borders between Iraq and Kuwait and the return of approx 300 missing Kuwaitis. Since the 1990 gulf war these have not been resolved. This is the holdup of the removal of Chapter VII. Also as long as they are under Chapter VII, all oil revenues for the last 19 years are controlled by the UN Security Council (“UNSC”). They are placed into an account called the DFI or development fund Iraq. There are hundreds of billions of oil revenues in this account including all the gold bullion that was taken and frozen.

A % of the yearly oil revenues is paid to Kuwait to repay the reparations to Kuwait. Also a UN committee controls all the funds and disperses funds to Iraq for a very strict use. They can only purchase certain imports with the DFI money and it is audited by the UN. On the 21st of this month (December 2009) the UN wants to turn over the management of the fund to an Iraqi financial committee.

GOI will not get the revenues to do as they wish. They must follow the strict management of the funds and continue to make timely payments to Kuwait. Iraq lobbied for months to get released. They came to the US multiple times but never got the UNSC to vote on it. They must have 8 of 15 votes of the UNSC to be removed. But of those 8 votes they must have all 5 permanent members’ votes. ANY permanent member one can veto it. Those members are: US, China, Russia, UK and France. And every single one has now oil contracts won in Iraq. Russia was the last one with Lukoil. So that is where we stand to date with Chapter VII. So far no vote has come up and as of late no news has even come up with reference to Chapter VII.

QUESTION: Just wanted to know how the recent 10mil Iraq paid fitted in.

ANSWER: The 10 million was to pay for excavations fees owed to the contractors who were digging up the mass graves the Iraqis had made that may have held Kuwaiti bodies. The responsibility for the payment fell on Iraq but they did not pay it. So the CBK did, then the Central Bank of Kuwait (“CBK”) was told by Iraq that they would pay it with RV'd IQD. And that the RV was set for the Friday about 10 days ago. Then Iraq did not RV, so Kuwait contacted the UN. The UN took 10 million in bullion that they had in frozen assets in a bank in NY and transferred it to the bullion stored in NY for the Kuwaitis.

If Chapter VII was discussed in July as an issue back then, no one knew, people thought it was the HCL, the SOFA, SFA, Chapter VII, Election Law, Investment Law. CBK weren't really as upset as much as I told you so. They have no respect for the Iraqi mentality. They think they are corrupt and inept in how they handle the government and their people. Now we are talking the government not the people of Iraq. And they sure aren't the #4 most corrupt country per capita for nothing.

QUESTION: I have a question for you, as I remember reading a while back that Chapter VII expires automatically on December 31, 2009. Is this as you understand?

ANSWER: First off Chapter VII does not expire. Only UNSC resolution 1859 does.

QUESTION: Where's some logic...why would anyone work in oil in Iraq, when they can make more $ working in Kuwait?

ANSWER: Kuwaitis don't work. They hire others to do their work. The entire country is on an oil revenue welfare plan.

QUESTION: What does Chapter VII have to do with the RV – do we need Chapter 7 pulled before the RV?

ANSWER: At one time it was thought that the removal of Chapter 7 was required prior to an RV because a county cannot engage freely in international trade while under Chapter VII.

QUESTION: Then we are not waiting on the removal of Chapter VII just the RV?

ANSWER: This is a country that procrastinated for almost 6 years, passing no legislation and not trying to resolve any of the issues that were needed to make Iraq be recognized as truly a sovereign nation that could be trusted. It was not until Obama administration made it perfectly clear they will have to stand on their own two feet that the GOI felt the pressure to move forward - that the day of the free lunch was over - that the US wanted to see the benefits of losing 4700 lives and spending almost $1 trillion. No I never said we were waiting for Chapter VII to be removed. The CBI is the only authority that can or did authorize the RV. No one else in the GOI has the right or authority under the constitution.

The CBI has already made it perfectly clear the Istanbul meetings of central banks on February 16, 2009 that they were going to RV. This is fact - it was stated by the senior advisor to the central bank. Now the RV has been approved and released by CBI to the GOI. After that as was also stated by Shabibi in August that after the CBI releases the RV to the GOI, then what ever happens thereafter is solely the GOI’s responsibility.

Until the GOI releases the RV, it remains the CBI’s responsibility to still maintain the stable currency rate of 1170 through a managed or dirty float, which is what the CBI is currently doing through its daily auctions.

Now it is in the hands of Maliki and we know he has signed off on it. All we know is that as of last Friday, according to the Warka Bank executives at Citibank corporate offices, there are issues with computer system failures that would prevent Iraq from announcing the RV in a coordinated way and sending it all nations at the same time. At this time, I have no other reason for the delay in the announcement of the RV other than these computer system issues.

QUESTION: Do you think there is a real push for this to get done by the end of December? What are your thoughts on an RV before the end of December 2009, especially knowing that the Islamic New Year begins on the 18th? What do you think of the conflicting articles about Maliki running or not running for re-election and also the elections being delayed to march?

ANSWER: The elections now have an official date because of the mandatory 90 days needed by the election commission and by the constitution of Iraq. Even though the blocs and Hashemi forced a violation of the constitution and violated a mandatory UN mandate for the election law to be in place.

QUESTION: Can we accurately assume that the revalue has taken place since there is a rate, which we know of, at least has been posted here, and that the only thing holding it from going forward is the GOI's release of it for public trade? Am I right? There has been some conflicting terminology on here that I sometimes just need to read between the lines.

ANSWER: Ok, I never give conflicting statements on where the IQD is standing and why. No I do not think the tarp money is from IQD. It is from the fact that it was never used by the banks. All the banks are doing is returning the money they never spent. Yes I was told by Chase that they were required to take the tarp money by the government and then just turned around at the first payment date and paid it all back.

Yes several countries hold the IQD. But we are not bidding on it. France accepts payment in IQD and just banks it for future use after post RV. China did also. They actually bought up T-Bills and CBI bills.

QUESTION: Do you think that maybe Iraq is just printing IQD and does not have resources, at this time to cover, them all if it announced an RV/?

ANSWER: Ok Iraq does not print anything, so please just forget that. The printing of the IQD has stopped, long ago. Wareagle says: Iraq has loads of gold to cover the RV.

QUESTION: You mentioned a "coordinated" effort to get the word out. Why doesn’t Maliki make the phone call and have the Reuters / Forex sites disseminate information effectively now? Or does Iraq’s electronic system need to be fully up and running before they will even consider and RV? What does "up and running" really mean to the rest of world?

ANSWER: It just doesn't work like that. Forex is not an official agency. It is a company that profits from currency trading and pairings.

QUESTION: Is all we are waiting for is the technical computer issues to be resolved?

ANSWER: Yes. According to the only info and explanation out of Iraq.

QUESTION: How long until the computer system is fixed and Iraq can announce the RV?

ANSWER: Does it matter how long? Really?