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10pm, December 10th, 2012  

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Our Blog Posts
What Are CDR's? How Do They Work?
The posts shaded in green are on our Iraqi News page
The below posts were in our 6pm email
China's Clout In Iraq - Post By
Monday Afternoon Chat emailed to Recaps
Question from a Currency Investor Monday Afternoon
A Holiday Miracle Emailed to Recaps Monday Afternoon
Newmonies in chat at BGG Monday morning
BMW and Winalot in chat at MIG Monday morning
I4U Members News Rumors, and Opinions Monday AM
The posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
Words of Encouragement from DebTarHeelGirl Monday Morning
Steve1 Update - Post By Seetrader Dinar Vets
BWM Posts at MIG Sunday Evening
News Rumors, and Opinions in Dinarland Sunday Night
Poofness "Peace Comes Now"
IMF In Iraq & Discussion - Post By Dinar Alert
The posts shaded in green are on our Iraqi News page
The below posts were in our 6pm email
Article Title
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Picture
This is for informational purposes only Please see your own Personal Financial Adviser

How CDARS� Works - Certificate of Deposit Account Registry

Everything is handled through a CDARS� Network member of your choice. Financial institutions that can offer CDARS are members of a unique network. When you place a large deposit with a CDARS Network member, that institution uses the CDARS service to place your funds into CDs issued by other members of the CDARS Network.

This occurs in increments below the standard FDIC insurance maximum ($250,000) so that both principal and interest are eligible for FDIC insurance. By working directly with just one institution, you can receive insurance coverage from many. And, you receive just one regular consolidated account statement.

When you're ready to take advantage of CDARS, here's what happens:

You sign a CDARS Deposit Placement Agreement and a custodial agreement, and then invest money with a member of the CDARS Network (a relationship institution).

Your funds are placed using the CDARS service.

Your CDs are issued by other members in the CDARS Network.

You receive confirmation of your CDs from your relationship institution.

You receive consolidated interest payments and statements through your relationship institution.
...

The below posts shaded in green
are on our Iraqi News page
Presidency of the Council of Representatives announced the 11 deputies absent from the 24th meeting of the parliament
12/10/2012

According to a copy of the bulletin statement issued by the information department of the House of Representatives received "morning," a copy, members absent from the parliament session 24 of 25 last September were: List of the National Alliance: good grace Yasser, Jawad Ghanim Ali, Sadiq Hamidi Ibrahim, a list of the coalition in Iraq : Ajil Hamidi Ajil, Ali Abdullah Hamoud, Faten Abdel Qader Latif, cleft Hassan Mustafa, Mutashar Hussein Silverline, Maysa Yahya Abdul Razzaq, a list of patriots: Juma Ibrahim Khader, free Iraqi: safe Saadi Mahdi. "
http://www.alsabaah.com/ArticleShow.aspx?ID=40437
Najafi calls to remove obstacles to remove Iraq from Chapter VII
10/12/2012 10:25 AM

Babinaoz - agencies: Called House Speaker Osama Nujaifi to remove the obstacles that stand in front of exit Iraq from Chapter VII. Nujaifi discussed yesterday with Kuwaiti Ambassador to Iraq Ali Mohamed insured bilateral relations between the two countries and the possibility of developing.

He stressed the importance of exchanging visits and strengthen the bonds of community and cultural relations, as well as visits of Representatives and officials, pointing to his support to the directions of the Iraqi government to reach the strong relations between the two countries.

For his part, Ambassador spoke insured for the conduct of elections Kuwaiti mechanisms nomination and decrees necessary to be followed in procedures pre-election, stressing the desire earnest and sincere to reach the normal position in the good relations between the two countries and resolve all outstanding issues. Meanwhile, announced the committee charged to settle file debt company Iraqi Airways it will resume from Monday negotiations with Kuwait Airways in London for the purpose of access to a final agreement on the mechanism for dropping all lawsuits against Iraqi Airways.
Read More
Erbil Airport announces the imminent arrival of the first U.S. civilian aircraft to Kurdistan
10/12/2012 09:47 AM

Babinaoz - agencies: Authorities welcomed the Erbil International Airport federal traffic management decision lifting the ban on U.S. civil aircraft flights to the Kurdistan Region and Iraq, as usual achievement of the provincial government because it includes airports in Erbil and exclusively international Sulaymaniyah.

The Director-General of the Erbil International Airport Teilhard super "The decision to lift a ban flights U.S. for Iraq and resume to airports Erbil and Sulaymaniyah International after 16 years of imposed is especially important for the region because it embodies the successes remarkable that we have achieved over the past years in the field of establishing security and safety and the development of economic sectors and tourism throughout Kurdistan. "

The high that "Erbil International Airport welcomes this historic decision because of its role in expanding our relations with various countries of the world," likely to "degrade the first American civil aircraft on the ground of Kurdistan in the coming months, after completion conditions and the laws required by the aviation authority Federal civil. "
Read More
Maliki instructs 689 for an investigative committee to end its work by the end of this year
10/12/2012 09:53 AM

Babinaoz - agencies: A source close to Prime Minister Nuri al-Maliki, on Monday, that the latter instructed 689 of an investigative committee formed earlier to various issues to end its work by the end of this year. The source said that "Prime Minister Nuri al-Maliki instructed the committees need to end the work assigned to it."

He explained that "the notice reached 689 for an investigative committee to end its work by the end of this year and to report directly to the Prime Minister's Office."

The prime minister formed over the past period a number of investigative committees in the security and economic issues did not result in mostly to the day the results are clear.
http://www.babnews.com/inp/view.asp?ID=60909
Member of the Finance Committee: budget deficit 2013 will be repaid from the financial abundance achieved in 2012
12/10/2012 07:46:32 Monday

Baghdad (news) : ruled member of the Finance Committee MP / coalition in Iraq / Hassan Salman al-Bayati, influenced by year's budget deficit (2013) on the national economy, stressing will be repaid from the financial abundance achieved in the budget year (2012).

Economic Commission has announced in House of Representatives, the budget deficit in 2013 will reach 19 trillion dinars.

told Bayati Agency (news): that the fiscal deficit is installed in the budget (2013) is a deficit Tkhmonaa and not real, because the deficit does not appear until after the end of the fiscal year.
Read More
Deputy for Kurdistan: Maliki and members of his coalition demanding to review their decisions for the continuation of the political process
12/10/2012 14:06:17 Monday

Erbil (news) : accused MP / coalition of Kurdish blocs / Burhan Mohammed Faraj, the prime minister and his coalition of fomenting the crisis, demands Maliki and a coalition of state law to review themselves and reverse their decisions for the continuation of the political process.

Faraj said in a statement (of the Agency news) today Monday: The continuing differences between the political blocs are due to non-compliance with the constitution and the agreements reached previously between the political blocs.

added: Prime Minister Nuri al-Maliki and Vice mass are fueling the crisis by hot rhetoric to reach their claim to reduce the region's share of the budget, their demands to review themselves and reverse for their decisions to lead to fueling differences (in the request).
Read More
Susan Saad: public pension law arrived to the House of Representatives and must be settled to do justice to retirees
12/10/2012 14:05:05 Monday

Baghdad (news) .. Called cluster member Virtue MP / National Alliance / Susan Saad, parliamentary Finance Committee to resolve the pension law year after arriving in the House of Representatives, to ensure the rights of retirees.
said Saad said in a statement received Agency (news) copy of it on Monday: The law of public pension arrived to the Finance Committee, and it should speed up the resolution of their subject as a slide provided much of the country and it is time to redress. showed: You must include this law in the budget 2013 because of the absence of this segment long time the former regime and until now did not do justice to the genuine and mostly suffer grievously as a result economic conditions they are going through and that most of them do not have a resource else.

http://www.ikhnews.com/news.php?action=view&id=66729
Unidentified stealing 20 thousand dollars from the banking shop east of Baghdad
12/10/2012 13:18:53 Monday

Baghdad (news) : A police source said, Unidentified gunmen robbed a store banking, east of Baghdad.

added source (of the Agency news): The militants were able to steal (20) thousand dollars in addition to the amount of Iraqi currency, the store banking and foreign remittance at the intersection of the Rock area Palestine Street, east of Baghdad, adding that the gunmen fled to an unknown destination, police told his banking incident.
http://www.ikhnews.com/news.php?action=view&id=66712
Zebari calls the ambassadors of the five permanent members to support Iraq's request to get out of Chapter VII
12/10/2012 1:32 pm

Research and Foreign Minister Hoshyar Zebari, with the ambassadors of the five permanent members of the Security Council, accredited to Iraq, Iraq's efforts and support members of the Security Council out of the provisions of Chapter VII in the areas of disarmament.

A statement from the Ministry of the day, that "Zebari met ambassadors of the five permanent members of the Security Council accredited Iraq, and reviewed the Foreign Minister in the presence of agents and advisers ministry Iraq's efforts and support council members out of the provisions of Chapter VII in the areas of disarmament, weapons of mass destruction and the penal system and the blockade The oil-for-food program. "
Read More


The below posts were in our 6pm email

 

12-10-12 DocDinar (Article from the 12/5): China continues to heavily invest in Iraq. Today an article reported that China grabs Mideast oil as U.S. power dips. "China's muscling into Iraq's oil sector as Baghdad grapples with defections by international majors like Exxon Mobil, Chevron and Total."

"This is part of Beijing's drive to secure oil and natural gas resources in the Middle East and Africa as U.S. influences wanes. China's clout in Iraq, along with other parts of the Middle East, including Saudi Arabia, is bound to increase as the Americans' diminishes."

"Iraq's production is rising significantly, driven by international investment. This is currently 2.9 million barrels per day but that's expected to double by 2020. By the end of the decade, production capacity will likely be in the 6 million-8 million bpd range," the International Energy Agency noted Oct. 9."

"There's a new trade axis being formed between Baghdad and Beijing," observed IEA Chief Economist Fatih Birol. China's move into Iraq, which has reserves of 143.1 billion barrels of oil and 112 trillion cubic feet of natural gas, has only gone into high gear in the last 3-4 years. Beijing bought itself a lot of goodwill in 2010 by forgiving about 80 percent of Iraq's $8.5 billion debt to China." Read more
...

 

[XXXXXX] I HAVE BEEN ON THE PHONE FOR MUCH OF TWO DAYS NOW AND HAVE NOT RECIEVED ONE THING THAT HASN'T ALREADY BEEN SHARED MOST ARE STILL THINKING BETWEEN NOW AND THE 24TH OF DEC. AND SOME THINKING THE FIRST WEEK OF 2013 BUT THESE ARE JUST THEM MAKING GUESSES ACCORDING TO DETAILS THEY HAVE THAT POINT TO THOSE DATES BEING THE BEST OPERTUNITY FOR THE RV . I AGREE WITH THEM MUCH OF THE DATES STATED WITH EVENTS TAKING PLACE IN THAT TIME PERIOD DOES MAKE THEM SOUND GOOD. LIKE THE BAN KI MOON INTERNATIONAL ANNOUNCEMENT OF SOME KIND TO BE ANNOUNCED AROUND THE 17TH OF THIS MONTH ? XXXXXX

[XXXXXX] WE WAIT AND SEE AND WE DO IT TOGETHER. XXXXXX

[YYYYY] XXXXXX Are your contacts still stating VDN going by Dec 15. TY

[XXXXXX] THERE IS ANOTHER GROUP OF INVESTORS THAT HAVE BEEN TOLD THIS WILL HAPPEN PRIOR TO THE 17TH AROUND THE 15 AND THAT THE DONG AND DINAR WILL GO TOGETHER BUT APPLY CAUTION WITH THIS INFORMATION BECAUSE AS I HAVE ALREADY SAID I CAN'T CONFIRM ANY OF THIS BUT I TRUST THE PEEPS THAT RECIEVED THE INFORMATION ?> PROBLEM IS I DON'T KNOW THEIR SOURCES. XXXXXX

 

This question was asked in the comment section at Dinar Recaps today in the hopes that someone with forex or bank expertise could answer it. Sincerely~ The Dinar Recaps Team

I have a question here, and I think it is in the backs of some minds. If the VND, (and this would be applicable to any other currency as well) is showing on the "overnight" screens, then that would mean the banks and countries, can, (and most probably are) trade VND
at this very nice high rate?

But, we, as private individuals, cannot make a move yet? So, then, it is at some point in the (hopefully near) future, released into the retail side of things, (we have the RV).

In other words, being direct, does this mean that the large holders,(countries and governments) are trading now, and getting themselves put together, then we are allowed to participate when the RV is "announced", however that is orchestrated...

I will understand if this is not posted, I may be a bit too close to the facts of what is now going down. But, if this is postable, I would love to have an answer from one who is bank savvy, in this area.
Many thanks,
GP1

 

The brand new pastor and his wife, newly assigned to their first ministry, to reopen a church
in suburban Brooklyn, arrived in early October excited about their opportunities. When they saw their church, it was very run down and needed much work. They set a goal to have everything done in time to have their first service on Christmas Eve.

They worked hard, repairing pews, plastering walls, painting, etc, and on December 18 were ahead of schedule and just about finished. On December 19 a terrible tempest - a driving rainstorm hit the area and lasted for two days.

On the 21st, the pastor went over to the church. His heart sank when he saw that the roof had leaked, causing a large area of plaster about 20 feet by 8 feet to fall off the front wall of the sanctuary just behind the pulpit, beginning about head high.

The pastor cleaned up the mess on the floor, and not knowing what else to do but postpone the Christmas Eve service, headed home. On the way he noticed that a local business was having a flea market type sale for charity so he stopped in.

One of the items was a beautiful, handmade, ivory colored, crocheted tablecloth with exquisite work, fine colors and a Cross embroidered right in the center. It was just the right size to cover up the hole in the front wall. He bought it and headed back to the church.
....


 

newmonies] Bank (TBI) Opens Branch in Najaf International Airport 10/12/2012 Dry added that the bank's branch at the airport in Najaf equipped Besrav to withdraw monies via Visa card.

[newmonies] And himself TBI ČĂŐĎ�Ń credit cards (Visa Card World) so became pregnant only license to issue this card in Iraq and introduced for the first time in banking to be an extra service to its customers keep pace with the development in the banking operations traded internationally, and has thus made and still the bank developed a network of ATM s in all parts of Iraq.

[newmonies] THE BANKING NEWS GETS BETTER BY THE DAY ... WHEN WE SEE THE WORDS GLOBAL BANKING - ATM'S - CREDIT CARDS - FROM IRAQ ... THAT'S TELLING US THEY ARE MOVING FORWARD WITH THE BANKING SECTOR WHICH MEANS THEY HAVE TO BE TRAINING/EDUCATING THE PEOPLE OF IRAQ HOW TO SWITCH FROM USING CASH TO PLASTIC... AND THIS IS AWESOME NEWS FOR US
,,


 


willietrader] we must be close everyone holding there breath lol

[Mitzi] willietrader yes Sir, we truly are

Rally2invest] willietrader on netdania... I think I have always been able to do VND/USD and also USD/VND.. This morning I cant bringing up the value VND/USD does that mean anythng?

 [RindsGuy] Rally2invest It's always been like that for me. I never could bring it up either

 [Rally2invest] RindsGuy oh..thanks.. trying to understand the pairing.. USD/VND means you can take USD and Purchase VND. Correct

[RindsGuy] Rally2invest I'm not really sure. Forex is not something I've spent much time studying. I think winalot or willietrader may be able to answer that question for you.

[Imperium] USD/VND is how many dollars per Dong. VND/USD is how many Dong per Dollars

[Rally2invest] Imperium If I call a bank and tell them that I want to sell my VND, would they buy it? (Im not selling) hypothetically

 [winalot] Rally2invest yes... but it would be less than you paid for it right now
 
[Rally2invest] winalot k thanks..I was wondering because on netdania I cant pull up VND/USD and was wondering if that meant anything

[winalot] I can show you guys what Blaino was talking about on forex and the dong...
,,


 

  [nolaspice] Monday 1.Today I launch a wonderful week with a marvelous Monday! 2.Monday rocks! It is one seventh of my life and I make the most of it! 3.Monday is MY day! It's my opportunity to begin anew! 4.Monday is MY day! I'll have this week off and running in no time! 5.After rejuvenating and enjoyable weekend, I am ready to get back on the road to my dreams! 6.My thoughts this morning are forming the Monday I experience. I am creating an awesome Monday! 7.I am mentally and physically prepared to get my week off to a fantastic start this Monday! 8.Monday sets the tone for my whole week and I make it count! 9.Monday is always MY day! It's my springboard to an awesome week! 10.My Mondays are always the fast start that sets up my strong finish on Friday!

[calibeach] flashing did the UN lift chapter 7? :bighug:

 [flashing] calibeach there are strong rumors about that since Friday. But i will wait for the official announcement. Kuwait and Iraq signed pending documents. Ch 7 release = rv happy

[redhead1] Obama and Boehner did not reach an agreement on the fiscal cliff - both released identical statements - they are not going to have debate play out in front of cameras -

[best1154] redhead1 thats not good news

[prissynell] Houston, we have a problem, We need an RV

 [KajunRedBull] redhead1 If I understand politics then its a safe bet they had beer and food behind the scenes and this was done weeks ago...they drag it out for publicity points....
....


The below posts shaded in green
are on our Iraqi News page
Najafi calls to remove obstacles to remove Iraq from Chapter VII
12/10/2012 12:11 am

Today .. Resumption of negotiations with Kuwait to end the file Airways

BAGHDAD - morning : called House Speaker Osama Nujaifi to remove obstacles that stand in front out of Iraq from Chapter VII. discussed Najafi yesterday with Kuwait's ambassador to Iraq Ali Mohamed insured bilateral relations between the two countries and the possibility of development.

and stressed the importance of exchange of visits and strengthen the bonds of community relations and cultural, as well as visits of Representatives and officials, adding support for the orientations of the Iraqi government to reach the strong relations between the two countries.
 
For his part, Ambassador spoke insured for the conduct of elections Kuwaiti mechanisms nomination and decrees necessary to be followed in procedures pre-election, stressing the desire earnest and sincere to reach the normal position in the good relations between the two countries and resolve all outstanding issues.

 

Maliki issued: no longer for your important data and words do not match the behavior
Monday, 10 December 2012 09:26

Twilight News : Prime Minister Nuri al-Maliki, in response to a statement by the cleric Moqtada al-Sadr on the Russian arms deal, that such data is no longer important.

Maliki said in answer to a question on the window to communicate with journalists at the site of the government, seen by "Twilight News", on Muqtada al-Sadr statement about arming the Iraqi army "no longer such data is important for being contradictory and are quickly coup."

He added on the requirement of the chest be buying arms for Iraq not for Other "do not match words with behavior."

 

Nujaifi: Parliament supports the government in order to strengthen relations with Kuwait to remove Iraq from Chapter VII
10 December 2012

BAGHDAD / obelisk: confirmed House Speaker Osama Najafi, Sunday, the importance of removing obstacles to the withdrawal of Iraq from the provisions of Chapter VII and strengthen relations with Kuwait through the exchange of visits and strengthen the bonds of community relations and cultural, noting that Parliament supports the Iraqi government in this direction.

Nujaifi said in a statement issued after a meeting with the Kuwaiti ambassador to Iraq, Mohammad insured and got "obelisk", a copy of which "we support the Iraqi government orientations access to strong relationships mg Kuwait in order to get out of the penalty provisions of Chapter VII."

 

World Bank looking partnership with Iraq strategy
10/12/2012

BAGHDAD / JD : Search Secretary General of the Council of Ministers Ali Mohsen Ismail with the World Bank representative Mary Helen National Partnership Strategy of the Republic of Iraq with the World Bank.

A statement issued by the Communications Unit and Information of the Secretariat received / JD / copy of it: that strategy includes a range of projects implemented by the World Bank to Iraq in the areas of (the economy, health, education and services), as well as providing consultancy and other projects to meet the needs of the country in various fields .

According to the statement: During the meeting, they discussed the possibility of projects submitted by the World Bank on the meetings of the Council of Ministers.

http://www.dananernews.com/News_Details.php?ID=2467

 

Tamimi: budget contains a surplus government wanted to submit the supplementary
10/12/2012

BAGHDAD / JD : Parliamentary Finance Committee confirmed the existence of a surplus in next year's budget that despite government denials, noting that it will unveil next week for figures in the budget surplus.

The committee member said the MP for the Liberal bloc Magda Tamimi's / JD /: Budgeting for 2013 surplus wanted distributed to government ministries through submission of supplementary budgetary sphere of the parliament, but we refused to apportion the surplus funds of the ministries, and the rejection complementary.

She Tamimi, if there is no surplus government has not provided supplementary Budgeting?!.

Tamimi added, that the surplus exists after the first six months of the current year, and the amount increased, as well as the presence of large balances with the State.

 

Corruption of the Central Bank: Shabibi innocent but flops in his words
Sunday, 09 December 2012 09:44

Baghdad / Orr News: As warned by the Chairman of the Economic Commission of the Iraqi parliament and a member of the Commission of Inquiry into suspicions of corruption Central Bank, Ahmed al-Alwani, the intervention of the United Nations in the case of the central bank because it would be open for international intervention, denied a member of the Finance Committee in the Iraqi Parliament, Dr. Haitham al-Jubouri any the possibility of such an intervention.

A member of a coalition of state law and a member of the Knesset Finance Committee, Haitham al-Jubouri said "the reports about the intervention of the United Nations in the investigation of the central bank are completely untrue and that the process is a purely Iraqi affair."

The Jubouri: that "a delegation from the International Monetary Fund arrived in Iraq for the purpose of access to the investigation and to check on what is happening from the premise that the Iraqi Central Bank Foundation linked institutions international", adding that "this does not mean interference and are not allowed to intervene."

 

Arrest of three officials of the file corruption with 400 million dinars
Monday, 10 December 2012 10:01

Baghdad / Orr News: Integrity Commission revealed in Baghdad Provincial Council for the arrest of three officials, including district director, indicating that the detainees accused of selling state property worth 400 million dinars.

Committee Chairman Abbas Aldhlki the Agency (UR) that "effort put into the Integrity Committee in the province of Baghdad on prosecute corruption of members of local councils and municipal," noting that "actions resulted in the arrest of three members, including district director in Baghdad on charges of selling state property" .

He Dahlaki reservation to mention the names of the detainees or areas in which they work that "estimates of the extent of corruption of the three people was estimated at 400 million dinars."


The below posts were in our 10am email

 

Deb's Heart to Yours Today - I Said This Too = Oh My, Another Monday?  No Blessing Yet? 

Folks, if everything seems to go wrong and you are loosing hope fast, say I am going to trust You Father God. Even if the basic needs of my life are not being met, say I place my trust in You Father God. What is the alternative? Anger and despair. 

We are so tired of "yet another Monday" in this waiting for our blessing.  You can be bitter at God and angry at life, or in your hurt and confusion make a conscious decision to trust God.  Declare that the end results of our prayers are that the answers ARE on the way, even though it doesn't make sense right now. We are in "God's waiting room" right now, not Wells Fargo, not Madame Wu's, Iraq's, CBI's or anyone's room.  

While waiting carry on with your life giving affairs, if you have to find a job at Target to cover necessities do so, if you have to patch that hole in your sock again, do so. I know, it doesn't seem fair as we have prayed so many times for this RV to manifest.  WHERE IS IT?  We all ask that but remain constant, as it surely is coming.

Sometimes we do wonder if God has heard us and its only natural to have those fleeting thoughts come to us. We're not sure when we are going to get out of this "waiting room". It is an unpleasant and unhappy place. We want this to be over and not have to wait any more. It is all you can do to obey the scripture that says, "Trust in the Lord with all your heart and lean not on your own understanding" (Proverbs 3:5).
....


 

[Stitch] I pledge allegiance to the flag of the United States of America and to the Republic for which it stands. One nation, UNDER GOD, indivisible, with liberty and justice for all!! God Bless our troops and all who serve... God Bless the USA!!

Stitch] America The Beautiful    http://www.youtube.com/watch?v=N7Wt4XlXUrc

[prissynell] this is our week this is our week and maybe prayfully our day our day

[burk50] Terry K and Blaino,exciting posts late last night

[dwanna] There was a post this morning that seemed to imply the VND may show when For Ex opens. Let's hope so. That would be a great start to a good day.

[sananddan24] Look like Christine is putting USA in check, love the part when she says create new revenue lol

[BocaLinda] burk50, did not like blainos...

 [kenbo] bocalinda agreed..dont want that float

[febgirl] GM Well it's 9:16am, I guess the big VND reveal didn't show up again on Forex

bocaLinda] febgirl, doesnt it's have to show in banks first ?
....


 

Picture
IMF's Lagarde Warns Against US Fudge On Fiscal Cliff
AFP Dec 09 2012
The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde, pictured in November 2012, said Sunday, warning that anything less would undermine economic confidence.

AFP - The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.
 
With President Barack Obama and Republican lawmakers stuck in an apparently ideological battle on how to address the nation's ballooning deficit by the end of 2012, Lagarde said the cliff remained the biggest threat to the economy.
 
Speaking on CNN's "State of the Union" talk show, she said that although the US economy was creating jobs, American debt was still higher than in much of the eurozone and cautioned against more half-baked, short-term measures.
...


 

Med (20:36:16): WELL I WOULD SAY SOMETHING ABOUT IRAQ AND THE DINAR BUT ALL I CAN SAY AND I AM LAUGHING RIGHT NOW IS HOLY ****THIS IS LIKE MAKING HOBO STEW

W8n2cashin: (H) oh oh
junebug: what a mess...................
 
Med:ANYTHING AND EVERYTHING NAME A CRIME THIS WOULD BE A GREAT JEOPARDY MALIKI FOR 200 OR IN WHOSE JANITORIAL CABINET DID THEY FIND 2 MILLION IN MISSING ANTIQUITIES OR IN WHAT COUNTRY DID 273 MILLION USD GET SMUGGLED INTO

junebug: Med, who is going to take the lead and get this done?

Bam Bam: lol I remember that hard to forget you have Missing antiquittes in my Kitchen closet lol
 
Med:HMMM RIGHT NOW YOU HAVE TALIBANI BARZANI SADRALLAWI AND NAJAFI

THOSE MEN HONESTLY ARE ALL CAPABLE OF REMOVING MALIKI - NAJAF IS THE MAN FOR ME HE HAS THE POWER OF PARLIAMENTAND WITH TALIBANI MAKING THE MOVE TO HAVE A VOTE -
...


 

11:29 PM [TERRYK] HELLO ALL YOU CRAZY PEEPS  WHATS GOING ON TONIGHT  ANYONE TIRED OF THIS RIDE   IM HEARING IT WILL SHOW TUE

11:32 PM [TERRYK] NO OFF OF MY HANDY DANDY WATCH

11:32 PM [TERRYK] IS THAT CONARKIST  WOW  LIKE A WEEK IN A ROW

11:33 PM [tina] yes that is... but who knows if he is there

11:33 PM [goodgrins] did you see blaino news on the dong

11:33 PM [TERRYK] NOPE  WHAT DID HE SAY

11:33 PM [mangiabuona2] [Kennypth] msjeta1 duffy2 ...There was very good news from Blaino tonight. Awesome news......we may see it in the morning after 9:00 A.M EST....rate of 42 cents to 57 cents they are seeing on the backscreens of Forex......lets pray and hope so.
...


 

[Blaino] stand by for news::::::::::::: updates, information & discussion  just off the cphone a few minutes ago with texastom (okie's smarter brother) and apparently okie is inbound to the er with a worsening CASE... So smart to look after it! But he's "at himself," and i deemed him fit to drive and exercise his own judgement!

NOW... About tomorrow and what this way comes!!!  we (pandaexpress team & our guys'es) are seeing some indications that vnd MAY... "may" open tomorrow... Bid is 1.74 to the usd and ask is 2.38.... that's units not PRICE.... Remember :  it's 2.38 vnd to the USD... To one USD... So about $.42

11:19 PM [Kennypth] Lets see what tomorrow brings for the RV.

11:19 PM [jacque47] [Blaino] SO... Rv or float...which solves the problems the best? : ] rv: tens of thousands of people all trying to get into banks, currency exchanges at the same time.....clawing, fighting, threatening.... float::: some will exchange at 5 cents, some at 25 CENTS.... More at 50, ETC....

 SO... As the bidding, selling, etc runs the price UP... And DOWN.... Fluctuating it's way to a future value mebby around $4+.....
...


 

[billuke] BWM will you take a question?

 [BWM] billuke sure... do what I can

 [billuke] BWM is it your belief that this is past Iraq and they are waiting for a green light?

[BWM] billuke yes... the situation is simple... we know for a fact that a country can be RV'd within certain conditions...

[Mitzi] BWM thank you kindly for coming in and explaining things to us, really appreciate you

[Expendable3] So a Rate is on the (tradable) at this time?

[Expendable3] Just not the retail side?

 [BWM] Expendable3 no... it can be on both... but cannot be active without being on the banking side FIRST...

 [Expendable3] BWM Cool thx

 [BWM] Expendable3 and while there have been a number of indicators showing... the fact is that it is not LIVE AND tradable at this time... yet

[wenmar] BWM could you refresh our memories as to who holds the 16% voting block? Thanks!
....


 

"Greetings PD Members,

I have not forgot about doing an update. I just have not had the time to encrypt the one I are working on so it cannot be used other places.

What we will discuss is the Iraq 2013 budget, the next opportunity we think things could change and if they did how those changes will work inside Iraq and outside of Iraq. The information we will share is coming from many Iraq citizens and what they have read and been told.

So until then, there are so many great articles to read and the only thing prudent to do is sit back and let this all play out and happen when Iraq is ready for it to happen. The sole purpose here at PD is to try and make a difference by bringing information to our members as accurate as possible without all of the hype and drama. When you do that, there are risks and yes we are risk takers. I really do not care what others think on other forums.

.There is a lot of talk about a one to one ratio on the Iraqi Dinar v. United States Dollar. That would be Just fine with me, but however that is not what will happen.
...


 

[BWM] Good Evening MIG...talked to bobgetz this afternoon and told him I was posting some things this evening and he asked if I would come post them here...

 [papa] Hey Tony

[BWM] so if no one objects, it's kinda long but if you can hang on I'll bring it in

[bookings] BWM BWM good evening .Hope you had a good week/end

BWM] call this my "year in review" as it would be...

[BWM] So we come to another "holiday" season at the year winds down... We have heard many, many stories about happening by this date and that date, so let's break it down to see all the situations that so many have pointed out.

 [BWM] First, Iraq's situation. HCL is signed, contracts in place and oil is flowing. Then, no HCL, contracts are being held up, companies backing out and Kurds pumping oil on their own. Maliki is signed off, the Fab 5 have all the issues resolved and we're done. Maliki is power hungry and has walked out of parliament, refuses to share power and is corrupting the government. Shabibi is a good guy, Shabibi is a bad guy. Allawi is a good guy, Allawi is a bad guy. "Pick a name that ends in 'i'" is a good guy, "pick a name that ends in 'i'" is a bad guy.
....


 

[MarineMom] I have to take off. No matter what the day reveals, I beg you to look around you and breathe in the blessings and love that are precious and abundant. Some do not last forever and we must be grateful for them now. Please go out and put something sweet into the world around you. Love you all!

[WCW] thank all of u i cant report if we dont have news and u all know that if i get something that you will be the first to know thank u all and GOD bless

[burk50] Some say it is Done,just has to be announced

[WILDDUCK] Oracle who said 5pm was the bewitching hour

[redhead1]  - I still think it is going to happen - maybe not at 5pm immediately but we could still see the dinar or the vnd in the next couples of days - if I thought anyone guru could call it for 5pm on Sunday and be right - I would have him kidnapped and deposit him in my vault for future predictions

[flashing] WILDDUCK agreed one day it is going to be done roflmao
....


 

Greetings and Salutations;

 So, my friend says the other day, the light at the end of tunnel is no longer the headlight of a speeding locomotive coming but could actually see the sunlight now. Tired of trains speeding by him and knocking him about. Yea, one can get skinned up getting this stuff done.

I catch crap all the time but it's not like I was warned all those years ago. People don't want to hear, everything they have believed for years was all BS. But, like any child they have to grow up and become adults.

The people of the world will be told too and that's what has got the bad guys 'trippin' about their futures. They know the end is at hand for them. 10,000 folks at one bank, lost their jobs in one day last week. They found that easier than picking thru them like picking thru dry beans.

Time is up, 'da boss' said, get it done Now, things will never be perfect, as long as, fear rules this planet. And you don't have the masses suffering because some rich bad guy won't put his adult pants on.
...


 

TLAR:  Now the IMF is in Iraq. 

Chief Economic Committee and member of the Commission of Inquiry into Parliament suspicions of corruption at the Central Bank, Ahmed Al-alwani, warned the United Nations intervention in the case of the Central Bank.

That would Open international intervention on this side, pointing out that his Committee has formed a Committee to investigate suspicions of the Central Bank.

The Attorney said about State of Law Coalition and a member of the Knesset Finance Committee news al-Jabouri to Jensen spoke about the involvement of the United Nations In The investigation naked Central Bank about led, indicating that Process is on a purely Iraqi. 
Full Article & Link at end

CARRELLO: The UN, WB, and now the IMF are at the CBI's doorstep. Turkey, high-level Sunni and Shite clerics are calling for Maliki's outster, along with the Kurdish government and Sadr's protestors.

 I wonder if the Rothschild's will send a bottle over to Maliki of their finest for his last meal?
...


The below posts shaded in green
are on our Iraqi News page
Bank in Anbar detect counterfeit currency sent from the central bank
Monday, 10 December 2012 12:43

Anbar / Obelisk: bank manager revealed worshiper in the city of Fallujah Jamal Hamed al-Dulaimi, on Monday, said the central bank had sent fake currency to the bank was seized by the staff.

Dulaimi said for "obelisk", "The Bank worshiper in the city of Fallujah adjust the amount of two million and five hundred thousand Iraqi dinars forged among large sums of money sent from the central bank to the bank in question," noting that "bank staff discovered counterfeiting during examination by an ad hoc committee" .

"The management of the bank sent fake amount to the concerned authorities and demanded an investigation expanded to learn more details and the involved counterfeit currency was sent to the bank and forwarded to the competent courts."

The Iraqi market is witnessing a while, entering false amounts through the supply of some countries to the country in order to achieve certain goals.

Click for Link

 

Higher sales of the Iraqi Central Bank currency at an auction Monday
Monday, 10 December 2012 12:37

BAGHDAD / obelisk: sales fell CBI dollar in the auction on the sale and purchase of foreign currencies, on Monday, reaching 202 million and 911 thousand dollars in cash with 185 million and 896 thousand dollars achieved in the last session and covered the central bank at an exchange rate basis was 1166 dinars per dollar.

The bulletin auction bank that the aggregate demand for the dollar distributed 29,450,000 Dolarnkda, 461.000 0.173 in Dolaraly form of remittances fully covered by the bank foreign exchange rate was 1179 dinars per dollar, including the central bank's commission amounting to 13 dinars per dollar.

 

Amiri: full sovereignty of Kuwait establishment of the port of Mubarak and we hope to change his position as not to compromise the ports of Iraq
Monday, 10 December 2012 09:17

BAGHDAD / obelisk: expressed the Iraqi Transport Minister Hadi al-Ameri, on Monday, "from the political point of view" not to object to the port of Mubarak, while noting "from the technical point of view" to the existence of observations on the port location affecting the canal and Iraqi ports.

Amery said in an interview with a number of journalists Kuwaitis "The port of Mubarak does not affect the port of Faw," but he returned, however, had "water shallow, but we do not have an objection to the port of Mubarak, however, that construction of the port in this particular point hurt Bmwanina so I told them that lift a little port .. and we have no objection because we in Kuwait's sovereignty. "

He went on to say, "If we take topic politically, the opinion Hoshyar Zebari said of the right of Kuwaitis that they will create a port on the land, but I am talking in terms of art only, but that if I spoke out of political I have the right and times several I do not objected to the port of Mubarak."

 

Iraq's index fell 0.20% in Monday's session
Monday, 10 December 2012 12:35

BAGHDAD / obelisk: General Index saw the Iraqi market for securities fell slightly in the session, on Monday, down 0.20% to hit 125.93 points, after it had recorded in the previous session 126.18.

The number of shares traded in the session 2,215,400,961 shares worth more than 3,209,289,361 Iraqi dinars have been achieved through the implementation of 868 contract traded.

The session also witnessed trading of shares of 44 joint-stock company of the 84 companies listed electronically, and stock prices rose by 10 companies, the shares of 19 companies other circulation has declined, maintained 15 companies listed electronically on prices rates without any change from the previous session.

The session was marked by the implementation of 81 contracts traded for non-Iraqis worth more than 265,646,000 Iraqi dinars and exceeded the number of shares 120,490,000 shares on the sectors of banking the number of contracts amounted to 19 and industry with 57 contract and 27 contract traded in the services sector.

Click for Link

 

The release of the accused issue of the Central Bank and the phone bill Shabibi reached 30 million dinars for one month
Monday, 10 December 2012 06:33
 
BAGHDAD / obelisk: informed source, Monday, that the judge in charge of the issue of central bank auction ordered the release of the accused bail issue, revealing that the phone bill's central bank governor for one month amounted to 30 million Iraqi dinars.

The source told "obelisk" on condition of anonymity that "it was decided to launch the defendants case CBI on bail of 50 million Iraqi dinars," without disclosing whether those bail include all defendants or is it for one person.

He revealing aspect of the waste of public money "phone bill former central bank governor Sinan al-Shabibi reached 30 million dinars for one month only," but did not elaborate on the names of states and entities that were related Shabibi during that month.

 

Integrity Commission will hold a workshop with the Ministry of Commerce to find out the obstacles to the implementation of the ration card
12/10/2012 16:01:54 Monday

Baghdad (news) : held the Integrity Commission and a joint workshop with the Ministry of Commerce, to discuss the questionnaire circle prevention in the body and study on the ration card, activation of the aspects of preventive functionality in government departments and stand on the obstacles in the implementation of the ration card and discuss ways to overcome them.
A report Department prevention received Agency (news) copy of it on Monday: that the food distribution system ration cards is an emergency situation and is composed of four materials are flour, sugar, rice, oil and milk for children, and the total number of Iraqis involved in the system of (34) million and (197) million citizens as well as children Number of children covered by the system of infant formula (578) thousand and (51) children, and between the report that the cost of materials hyphen per capita n ration card per month more than 12 U.S. dollars can be increased, and the financial allocations for 2012 to secure the purchase Articles of this food label for all Iraqis Homiliran and (756) million and (400) A, (6813) dollars. identified questionnaire carried out by the Department of Prevention in the body, not the consent of respondents and by 74.34% to replace the ration card items amounts of cash, as between representing 54.42% believed the existence of manipulation and switch of the ration card, results showed resolution, backing respondents of Iraqis by 77.02% admissibility of a ration card with the present with disparity admissibility of rice continuously, did not confirm the respondents receive all pavers card Altamoana to the same month fully "one basket" (66.14%), also supported the idea of having a lack of vocabulary monthly rate of 73.92%.

http://www.ikhnews.com/news.php?action=view&id=66750


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