JeffDavis » November 5th, 2016
WaymakersKid » November 5th, 2016
Comingsoon » November 5th, 2016
Militia » November 5th, 2016
Mike100 » November 5th, 2016
Blinkster » November 5th, 2016
Can you imagine the opportunity, the sudden interest from investors that previously called the IQD a scam? "Hey I can invest at 1:1 and maybe triple my money or better"? That would potentially bankrupt the nation.
As Frank has said more than once over the last few weeks, we (internationally) likely won't ever see the 1:1 rate...and I truly believe that. Can you imagine the mad dash there would be at 1:1? Investors to scooping up as much IQD as they can find, before it reaches the CBI's true goal?
These types of big market plays happen in milliseconds, seconds and minutes at best....not in days or months. So, whenever the CBI reveals an international rate, it will be like sharks smelling blood in the water.
I think we are being kept a bit off balance by the PTB so as to not get a clear read on it...having said that, simple economics 101 suggests not giving away the farm, the bank, the house, and the gold. That's exactly what would happen to Iraq should they come out say at 1:1, and let the currency rise for not just a quarter, a month...but even, IMO, maybe even a week. It could be catastrophic.
Never underestimate the power of the press for misdirection. Remember Kuwait and remember China.
Again, and IMO, If there is ANY KIND of a sizable delay between the CBI going international...and then raising the value to where they want it, it will cost them dearly. Bankers don't play that way. No matter if it goes international in 2016, or 2017.
ALL IN MY OPINION!
Militia » November 5th, 2016
Nothing has ever been said that they had to only delete three zeroes but that was there original intention, so doing less is out of the question based on that and your analysis. A fifty k note has four zeroes that could be removed. Not that they would do that, however, IMO it could physically and theoretically could be a possibility.
The implications if they did would eliminate the 1:1 out the gate internationally speaking. Thus, a float could be fixed and stabilized immediately, therefore, security is in place too. The SSs would be in place and with the backing of the IMF, WB, ICC, UN, CBI and the GOI all working together for to make IRAQs Marshal plan a success at a functional and manageable rate is obviously on their mind and in the plan as noted on the IMF website in black and white.
MDWeaver » November 5th, 2016
I HAVE ALWAYS BEEN A BELIEVER IN THIS....WHEN THEY ARREST MALAKI...AND THE REST OF HIS ..THUGS...OUR RIDE WILL BE OVER...IMO!!....I HAVE BELIVED THIS FOR ..YEARS...ASK PJ.HE CAN TELL YOU ....AND I BELIEVE THIS IS GONA HAPPEN BEFORE THE 7TH...ITS PART OF THE PROCESS...OF THE MONTARY REFORM...
YOU CANT HAVE THE CROOKS IN THE GOVERNMENT IF THIS COUNTRY IS TO GO FORWARD...ITS BEEN COMING AND MALAKI DAYS ARE NUMBERED.....IMO!!
Don961 » November 5th, 2016
Political Since 05/11/2016 12:22 am (Baghdad time)
Baghdad balances News
The chairman of the Parliamentary Integrity Committee Talal Zobaie, Saturday, for the issuance of arrest warrants against 18 ministers and 137 orders as general manager.
Zobaie said L / balance News /, that "the arrest warrants issued against more than 18 ministers, or who are the rank of minister and more than seven agents of the Ministry."
He added, "There are other arrest warrants issued against the 137-year-old director or is Badrjtah."
Zubai and pointed out that "this process is considered a revolution against corruption and orders issued by the elimination of evidence of his courage and full cooperation between the legislative and judicial branches" .anthy 29 / P 40
Militia: Good a few dozen perps doing the walk next week. Add in the 18 arrest warrants and see if this starts the end game for those who think what was normal (criminal mafiaoso styled way of life doesn't have severe consequences.) is not and there is a higher power that is going to see that it ends and abruptly.
With the UST and the CBI having told us that the dinar is replacing the dollar like yesterday and the way Abadi praised the banks, then the next day he put the screws to the Iranian banks and or other bad apples stifling that segment of corruption.
Putting off the vote today on the 2017 budget until Monday may just have triggered the construction of the gallows for those that did the purposeful disruption of the reading today, if that is in fact what happened. A set up? They didn't read what was prescribed in today's schedule, thus, the consequences will come as noted in articles.
Was the disruption due to the arrest warrants? If so? Wow! Replace them with those that are more likely qualified (technocrats) and will do what is best for the citizens and the over future which is oh so very bright now.. Imo