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10am, March 13th, 2013   

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Our Blog Posts
NOTE TO OUR EMAIL SUBSCRIBERS:
Shredd & Member Chat - Post From BondLadys Corner
Delta News from KTFA Forum Early Wednesday AM
Tips On Exchange & Gift Options
Mailman Chat - Post From Dinar Speculator
Iraq - 2012 budget vs 2013 budget! - post with articles from Toucan
Seven Signs You're Living
MIG Members Thoughts and Opinions Tuesday Evening
The below posts were in our 10pm newsletter
Tuesday Night Dinar Chatter
Frank26 tidbit from DinarDetectives Tuesday Evening
The below posts were in our 6pm newsletter
Tidbit Rumors & Opinions - Post From Dinar Detectives
Tuesday Afternoon Dinar Chatter
Tuesday 7pm (ET) The Big Call
Mailman Chat - Post From Dinar Speculator
Frank26 and KTFA Members Tidbits Tuesday PM
News, Rumors, and Opinions in Dinarland Tues. Afternoon
MarkZ and I4U Members Chat Tuesday Afternoon
The Financial Planner Who Lost His House
© Copyright DRT Distribution, LLC All Rights Reserved

 

[tlm724] good evening everyone i want to show you an article from march 5th, 2013

Salman al-Moussawi: the House of Representatives intends to amend the Law of the Ministry of Industry to support the private industrial sector

Date: 05/03/2013 10:48:40 Tuesday

Baghdad (news) .. A member of the Committee on the economy and investment MP / National Alliance / Salman al-Moussawi, an intention within the House of Representatives to amend the Law of the Ministry of Industry format supports private industry, likely enacted after the ratification of the general budget.

Moussawi said (of the Agency news): The Law of the Ministry of Industry conducted it set adjustments during past periods, but still needs further amendments conform with the policy of a free market economy. added: that the economic and investment commission and parliamentary committees concerned with the intention to held another amendment to the law of the Ministry of Industry and Minerals format supports private industry,
...


 

DELTA � March 13th, 2013, 4:42 am  *  GOOD NEWS FOR WARKA INVESTOR

Warka Court Victory over CBI

Dear Sirs,

With regards to the legal court case Warka Bank for Investment and Finance has filed against the Central Bank of Iraq Warka Bank for Investment and Finance is delighted to inform its cliental, shareholders and management that the Iraqi Supreme High Court has awarded its decision in full favor of Warka Bank for Investment and Finance confirming its judicial decision that the liquidity crisis and events leading to Warka's declining financial position is entirely due to the fault, malice, mismanagement and misdirection of both the Ministry of Finance and Central Bank of Iraq their ill actions taken against the bank placing the full blame and cause on both the Central Bank of Iraq and Ministry of Finance their lack to take the proper action measurements and steps to resolve the crisis properly in supporting the rehabilitation of the largest financial enterprise in the country.

Where we are delighted to add that the court decision confirms that Warka Bank for Investment and Finance has implemented, practiced and maintained all legal banking guidelines, protocols and regulations set by the bylaws of the Central Bank of Iraq confirming its true innocence.
....


 

Try Tips From the Dinar Caf�:

Submitted By Author Chase Carlton  "The Dinar Date"

While recently in a 'caf�', that seems more like a private club for Dinarians,  I overheard some interesting conversations.  It would seem that most of the people in the place go there to exchange ideas about their investments.  What caught my attention were several 'post RV' conversations.

Let me caution anyone that these are not recommended or represented as anything other than theories or responses to questions that were being posed.  So these are nothing more than Try Tips packaged and displayed alongside all the other options for your selection. 

The question was asked about the best way to give gifts to family members, friends and charities. Someone complained about having to pay taxes on the money before they could give it away. The following was an intriguing response from someone who was clearly a creative problem solver. I believe his name was George and I do not know about his qualifications or background.
...


 

Mailman17 says(7:26 PM): EVENING  ONE MORE THING I WANTED TO START A DISCUSSION ABOUT IS THIS   HEY ALL'

mailman17 says(7:27 PM): GOOD EVENING BACK A LOT OF DISCUSSION WAS THAT THE RV WAS IN THE BUDGET NO BUT THE BUDGET SHOULD....REFLECT THE NEW RATE...HENCE IN A WAY...IT IS TIED IN THE OTHER THING I WAS THINKING ABOUT IS THIS THEY CAME OUT WITH THE HIGHEST BUDGET IN HISTORY

BASING THAT ON A 1-1 MIGHT BE A LITTLE INTIMIDATING...EVEN TO THE IMF AND WORLD BANK AND BASED ON THEIR OIL OUTPUT.....VERY SCARY -

BUT IF THEY WERE TO COME OUT OVER A BUCK THAT 119....WHICH IS BASED ON A DOLLAR VALUE PER SE IS A LITTLE SMALLER I WILL EXPLAIN
...
 


 

Iraq - 2012 budget vs 2013 budget! - post with articles from Toucan

(The total 2013 federal budget of 138 billion dinars = ($138M to buy as of today's rate) they can't work off that (see 2012's budget below $100B)

Wonder if we see the NEW rate ($1?) after published in Official Gazette?

138 Billion Iraqi Dinar x $1 = $138B as seen below 2012 budget was $100B and they said 2013 which is the largest in the history of the Iraqi State

-----------------------------

Ministry of Planning announced funds allocated through federal budget will be released once published in Gazette

Tuesday, 12 March 2013 08: 24
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http://www.shafaaq.com/sh2/index.php/news/economy-news/54239----2013-------.html
-----------------------------
UPDATE 1-Iraq approves $100.5 bln budget for 2012

Thu Feb 23, 2012 4:10pm EST

http://www.reuters.com/article/2012/02/23/iraq-budget-idUSL5E8DN9EL20120223

 

Picture
Seven Signs You're Living Beyond Your Means  

By Stephanie Taylor Christensen


 Whether you consider yourself to be financially responsible, or you always seem to come up short on cash, there are a few key indicators that may indicate you are living beyond your means-and being aware of them can save you loads of money woes in times of a cash emergency.

 You couldn't live without your job's income for at least six months.

 Need some motivation to start saving? Sit down and add up how much money you make each month. Then, multiply that amount by six.

Assuming you have a stable job, that's the minimum balance you should have stashed away in an interest bearing, FDIC insured deposit account that is earmarked solely for emergency needs, according to Henk Peters, Certified Financial Planner and president of Investus Financial Planning.
...


 

[Capt Ron] don't you guys have the sense that the period of time between announcement of rv and the appointment date/time will be a week or so? How quickly will we be able to get to a bank appointment in the crush?

[peganded] Capt Ron they will be open 24 hours right!? lol

[freedom13] Capt Ron you are so right on that one

 [Capt Ron] peganded ed, I believe the Wealth Management folks will have long hours, although I'd be surprised to see 24 hours straight, 7 days straight.

[Capt Ron] Bob, I've got a question about the Non Disclosure Agreement that we will sign prior to cash-in at the Wealth Management offices here and there around the country.....

Capt Ron] ....do we have to leave a certain amount of capital in the cash-in bank as collaterol in case we violate the secrecy requirements of the NDA? IOW how does the bank enforce this NDA?

[freedom13] Capt Ron make sure you take a tape recorder with you and put it on the table while they explain the paperwork to you

freedom13] Capt Ron iam hearing 25%
....


The below posts were in our 10pm newsletter

 

[buybyeby] like the end of a long international flight, we are waiting for our baggage so we can go to the bank. Settle in, relax, our turn is coming.

[masterT] Digs...IMO..don,t Iraq NEED an RV before they are released from chapter 7????

 [KajunRedBull] masterT yes BUT all can be done in one magic sweep!

[WCW] masterT it will be released as soon as they have an rv

 [masterT] WCW..Thank YOU....

 [Digs] Master - yes (IMHO) but I do believe that we will at least have our Email & CE appointments a few days before a statement of their release of Chapter 7 is made - soas not to look as if Iraq saved the global community single handed - IMHO.

 [masterT] Digs...That make sense to me. It fits...

 [Digs] WCW - released as soon as they have an RV - yes I agree with you - released being one thing - and what is my opinion - is it will not become public knowledge via a press release for the UN or such for a few days thereafter - IMHO

[WCW] Digs well it could be done when they have the budget announcement

[Retchie08] Digs ,, Dont think a few more days wiLL Break too many Hearts @ this Point .. we just need to stay Grounded & praying

[WCW] the 22 is 10 days off
....


 

3-12-2013Frank26: Talabani is in Iraq. They denied that he would return in March. Why? Because he returned in February, I believe it was the last day of February. The 22nd is when Talabani will sign the 2013 Budget which was released on the 7th. There seems to be a lot centered around this.

Iraq, you can take your time to show us the new rate. Why, because you made the statement that everything will be retroactive back to January 1, 2013. You have a new value, don't you? If you have the same value, you don't have to retroactive back to January 1...Light Bulb. So when you are ready, release that new rate, because we know it's a new rate. Let's see what happens between March 15 - March 22. On the 21st Talabani will be all over the place. He is in Iraq & in position & waiting.

There is a conference for the Advancement of Iraqi Banks on March 22nd. Why would you want to advance Iraq banks at 1166, that's an insult to the world banks. The World Bank said it is implementing an extensive plan in collaboration with the Iraqi bank sectors....done, done. The World Bank is saying it is ready to take the next serious steps which require a 1 - 1, 2, 3 or 4 dollar rate. Those are serious steps.
....
The below posts were in our 6pm newsletter

3-12-13 Yota691: "37 Iraqi official embezzling billion dollars and flee out of the country. Revealed circle recovery of the Integrity Commission in its first annual report prepared about her work for the year 2012, that money financial and administrative corruption that escaped out of Iraq for the past year amounted to more than trillion Iraqi dinars (nearly one billion dollars), and drew that 37 officials including three ministers, involved corruption and were able to leave Iraq, indicating that it had conducted about 300 address 'all internal' but it did not recover one Dinar. LINK

3-12-13 OutOfTheWoods
: World bank possibly saying get your banking laws together so you can join the world banking system, we know your banks are ready, people trained, etc...now just get those laws passed. World Bank calls on Iraq to redouble their efforts for the development of the banking sector and attract foreign investment.
...

[3HORNEDHAWK] Hello castle peeps, Ijust discovered the perfect cure for a hopium/nopium hangover... Snickers icecream and warm from the oven brownie. Sorry don't hate me

Lvn42day] This reminds me of Jurassic Park. A tiny shutter of movement. We freeze and go silent as the distant shutter becomes a tremor beneath our feet. The trees quiver and the ground rocks with a huge thunder. So deafening is the heavy thud that is almost upon us that we gasp in horror....it is the RV!

[nolaspice] iI have a feeling that every issue that WE can imagine, think up, make up, worry or stress over has been addressed by the wonderful people who have set up this monumental undertaking!

[bama] I am neither an IRS agent, nor a Goverment employee yet I withhold taxes for them all the time. In fact, I collect there penalties as well. We also do there reporting of what we withheld and we send them the funds. It is not a stretch to think a bank will do the same

Robertprofessor] bama Papa Bear Redwolf made a point that there has never been anything like this.

[Robertprofessor] rotormech35 I don't remember who brought it in but a possible RV cover by the lady senator from Missouri that billions of USD were stolen by Iraq and Afghanistan and we need to take it back.

[rotormech35] Robertprofessor that's a big sign!
....
Read More

The Big Call for Tuesday, March 12th is at 7 PM ET

Participant Line is 559-726-1150

and Listener Only line 530-881-1150

(no access code is needed for either line)

mailman17 (10:07 AM): GOOD MORNING....I HAVE A QUESTION

sonshine: liked your chat the other day.

mailman17: TY I HAVE READ GUARDIANS POST AND HAVE EVEN READ OTHERS PERTAINING TO IRAQS BUDGET ANYONE ELSE? PLEASE CHIME IN

sonshine: not yet. just sat down at my computer

mailman17: THIS WOULD HAVE COVERED THE LAST FEW DAYS GUARDIAN...YOU HERE?

guardian: your chat trumps all the news mm17

mailman17: NOT SO FAST CUTIE LOL

guardian: after all it's just news

mailman17: YOUR POSTS ARE IN THE SAME LINE AS OTHERS IN REFERENCING IRAQS BUDGET TO BE IN THE BILLIONS...YES?

guardian: yes
...

walkongstick wrote on March 12th, 2013, 7:53 am: Planning launches projects 2013 immediately after the publication of the budget in the Official Gazette

TUESDAY, MARCH 12 / MARCH 2013 08:24 Twilight News / The Ministry of Planning and Development Cooperation, Tuesday, announced the launch of federal budget funds directly after approval by the Presidency and the deployment of the budget law in the Official Gazette,
http://www.shafaaq.com/sh2/index.php/news/economy-news/54239----2013-------.html


Frank26: Oh my God ................ It's full of so many Stars........ Oh so many.

Praise God for these words in this article. Wow.

KTFA Frank ........... This made my CC easier tonight .........


cecilia123 wrote on March 12th, 2013, 10:35 am: Frank,I've been studying the dinar for about 3 years. Yesterday, it looked close, but this morning it looks like they are delaying again with deals with the kurds, borders, kwait, ministers, etc. Am I reading these articles correctly? Thank you.

Frank26: Hmmm.Now study my pattern and try to understand that when I tell You the Kurds are HAPPY with budget and GOI............. BUT NOT WITH THE MEDIA!

KTFA, Frank

....
[dozergirl] BocaLinda you havent noticed the quietness across dinarland......no one posting ....no bank stories....do we really think noone with bank contacts are not talking

BocaLinda] Dozergirl hon I think its the calm before the rv. Its comin!

[uluvpoems2] I feel we are on count down! this could be our week...so be hopeful

[weneedit] gm everyone ! I tried to stay away after my vacation, but addicted to this. Anyone have pills for this thing called addicted to dinar? Lol

[eagles4] My banker called me last night. She has dinar. Wondered if I had heard any good news. I said you should be calling me with the good news. Lol

[superdj567] I'm hearing the 22nd of March that this could happen for some of my sources.........who knows?

[greasee5] Integrity: 37 Iraqi officials embezzled more than a trillion dinars and went to the outside and did not reclaim dinars and one of them
http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almadapress.com/ar/NewsDetails.aspx%3FNewsID%3D8


[greasee5] Papa Bear gm question? everyone says iraq has no bearing on this, but maybe do you feel they need to get all these corrupt politicians in check before this occurs?
....
Read More


[redhead1] Good Grief - I leave for an hour and come back and "the sky is falling - the sky is falling" what is wrong with us that we cannot wait for this to happen in the sequence we have been told - just give it a couple of days to show for goodness sake before you say it is not happening.

[MarkZ] redhead1 finally, someone with the good sense God gave them.... :)

[MarkZ] First things first, The chat rooms remind me of the Israilites in the old testament. The moment the news isn't perfect they freak, build an alter and make a golden calf. :) Things really are great folks, no one should panic. Have a little faith and coast in to the finish.

[MarkZ] We have seen TREMEDOUS progress and no this is NOT like anytime before and all that crap. :)

[MarkZ] 4Him The rooms read like the old testament, and once again Israel strayed/sinned lost faith...

[MarkZ] not sure It could be any better. Well once I have my appointment I will be better.

[MarkZ] We look to be pretty stinking close. Currencies all around the world have been falling into line nicely.
....
Read More

Picture
The Financial Planner Who Lost His House
By Luke Landes

Carl Richards is one of today's best writers focusing on personal finance. Originally keeping a great blog at behaviorgap.com, The Behavior Gap has moved to the New York Times, and early next year, Carl will release his first book. Look for The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money

Carl's articles on Behavior Gap and now his New York Times column tend to focus on the psychological aspects of money and are usually centered around cocktail-napkin sketches like the example below illustrating how as investors we expect trends to continue into the future.

Great Expectations - Carl Richards - Behavior Gap

Carl Richards is also a financial planner, and in a recent New York Times feature, he uses an example from his own life to explain how people continue to behave irrationally about money even when they know better. It's a good indication of why a healthy approach to your finances requires much more than knowing, "spend less than you earn."
...

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