* Mailman & Member Chat – Post By Ksdunlap Dinar Speculator: Dinar Recaps 01/21/2012

January 21st, 2012 04:45 pm · Posted in CHATS & POSTS: Iraqi Dinar Exchange Rate & Buy Dinar Info 
Mailman17 & others chatting 1-21-12 @ 8:21am cdtBrewbaby (09:21:23): OK I have a ? Is it possible that they are extending the reading and voting on the budget because it does contain the rate and it goes into effect as soon as it is passed?

  mailman17: BB…NO I DONT THINK SO

guardian: that crossed my mine Brewbaby also

mailman17: ITS THE THINGS THAT MUST HAPPEN ALONGSIDE THE BUDGET

Brewbaby: ok so why are we so concerned about the new rate being in the budget?

GOP: that is certainly what we would like it to be BB

mailman17: RATES DONE IMO

guardian: Jubouri asked that it be put into the budget

mailman17: CORRECT

   Brewbaby: no, I understand that, but if the budget passes with the new rate, they would have to RV so the finances would be right,

mailman17: AS IT SHOULD BE CORRECT AND ALL EXISTING AND PRIOR SLATES MUST BE WIPED CLEAN

guardian: they could hardly hide the fact their is a new rate once the budget is passed imo

mailman17: AGAIN CORRECT

Brewbaby: right, that is what I am talking about, they cannot pass the budget or vote on it and pass it if they are not going to extend the rate to us, right? so, if they finish reading it on Monday, they could vote on it on Thursday

mailman17: NOT ONLY TO US BUT TO ANYTHING EXISTING AND OR WAITING WITH NUMBERS TO BE ADJUSTED TO THE NEW RATE

guardian: which of these are required: taxes, tariffs, HCL, Erbil, CH 7 before they can RV? did i leave anything out?

mailman17: I DONT THINK IT WILL WAIT THAT LONG…JMO

guardian: i know taxes and tariffs, but what about the others?

Brewbaby: you do not think it will wait till Thursday to vote on it?

mailman17: GUARDIAN…ACCOUNTS ADJUSTMENTS I DONT…BUT IF IT DOES THATS FINE

Brewbaby: since they have gone electronic, that should be a no brainer now

mailman17: YES

guardian: do we still think HCL, Erbil, CH 7 are not required?

mailman17: REMEMBER…ELECTRONIC SYSTEMS WERE PUT IN PLACE SOME TIME AGO..BOTH AT THE CBI THE ISX AND BANKS UNDER THE CBI

guardian: i do, i want it done soon

Brewbaby: but they still have to go to Article VIII right?

mailman17: NO SANCTIONS HAVE NOTHING TO DO WITH THE RV

Brewbaby: ok, now I am lost

stlou: I do see a discussion and reading on training monetary centers and trade bank of iraq

Brewbaby: I thought Med said that the GOI had to accept Article VIII

guardian: med said Article VIII required if i read him right

thepainman: thought they had to move to art viii to be international?

bam bam bam

mailman17: LOTS OF THINGS WOULD BE NICE FOR IRAQ TO BE IN PLACE ICLUDING 8

stlou: but I in concurrance with you MM17..there are some other things that must happen ..

thepainman:

stlou: funny though..

Brewbaby: ok, mm17 1 by 1 list what you think has to happen for this to come down, please

mailman17: IRAQS REMAINING SANCTIONS HAVE NOTHING TO DO WITH TRADE OR THE CBI

stlou: it seems that they read right to left, so maybe they put the cart before the horse on this one

mailman17: I THINK SO TO LOU

guardian: the sooner the better imo

stlou: maybe the budget, then the tax structure

mailman17: OR OPPOSITE OR TOGETHER HENCE THE DELAY

guardian:

Brewbaby: maybe the budget includes the taxes and tariffs

mailman17: BB…YOU STILL CONFUSED?

Brewbaby: yeah

mailman17: I THINK ITS ALSONGSIDE IT BB BB…ME TOO^o)

Brewbaby: so, why would Shabs want them out of Chapter VII if they do not need to be?

mailman17: LOTS OF COUTRIES UNDER SANCTIONS STILL HAVE A TRADEABLE CURRENCY

guardian: article said taxes already passed, just need to reactivate them

mailman17: BB…THAT IS THE 64 MILLION DOLLAR QUESTION

Brewbaby: ok, so we know they have forgiven debt to the people

mailman17: WHY…AFTER ALL THIS TIME IS SHABS WORRIED ABOUT 7

Brewbaby: we know they have taxes and tariffs ready

mailman17: OR

Brewbaby: we know the new rate should be in the budget

mailman17: ‘GETING OUT OF 7 REQUIRES DEBT RESOLVE AND DEBT RESOLVE MEANS WHAT?


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