MED’S CHAT 9/22/11 10:51am ct Dinar Speculator:

MED’S CHAT 9/22/11 10:51am ct Dinar Speculator:

Med says to
(10:51:45):
THERE WAS A GOOD PIECE I READ THIS MORNING
I NEVER POSTED
IT

alk4316 says to (10:51:56):
good morning med
Med says to
(10:51:57):
IT WOULD BE OF NO VALUE
BUT
IT WAS FROM AN EXPERT AT SOME
U.S. INSTITUTE
WHO WAS EXPLAINING THE SITUATION IN IRAQ
AND ACTUALLY IT
WAS PRETTY GOOD
HE DISCUSSED TWO THINGS
THE IRAQI SECURITY FORCES
AND
THE CURRENT GOVERNMENT
HE ACTUALLY SAID THE SECURITY FORCES HAVE BEEN DOING A
GOOD JOB
HAVE BEEN TRAINING WITH U.S. FORCES
AND HAVE BECOME MUCH MORE
PROFESSIONAL THAN IN THE PAST
AND THE FIGURES SHOW AN ACTUAL DECREASE
IN
THE BOMBINGS EXCEPT FOR WHAT WENT ON THIS SUMMER
SINCE THE U.S. FORCES LEFT
THE CITIES
THEY HAD EXPECTED AN UPHEAVAL IN DEATHS
BUT HAS DECLINED SINCE
2009
NOW ON THE POLITICAL FRONT
HE CALLED THEM BIGMOUTHS
THAT THEY ARE
BASICALLY A BUNCH OF BAFOONS
WHO CANNOT GET PAST THE POLITICAL HATREDS FOR
EACH OTHER
MeAND MALIKI IS PRETTY MUCH USELESS
AND THE OTHER BIGMOUTH HE
SAID
WHICH HAD TO BE ALLAWI
WONT TALK TO MALIKI
HE SAID THIS WAS THE
BAD NEWS FOR IRAQ
I THINK ONE REASON WHY
THE LIST OR KURDS HAVE NOT GONE
TO THE CONSTITUTION
IS THAT IT WILL HAVE TO BE INTERPRETED
BY MALIKI’S
SFC
AGAIN AND WE KNOW THAT ONLY MALIKI COMES OUT ON TOP WITH THEM
I WAS
HOPING THAT MORE CAME FROM THE BIDEN CALL TO MALIKI
BUT SEEMS TO BE MORE OF A
CORDIAL ONE
LIKE TESTING THE WATERS TYPE THING
I MEAN ALL JOE HAS TO DO IS
GO ON THE NET
AND HE CAN FIND OUT ALL OF WHAT IS NOT HAPPENING IN IRAQ
OK
BESIDES THE TWO POSTS I PUT ON THE PARLIAMENT CONVENING
THEN DELAYING
IS
THERE ANY NEWS ON THE LAWS READ TODAY
WE KNOW THAT HE NATIONAL ALLIANCE WHICH
IS MALIKI’S PARTY
DOESNT WANT THE INTEGRITY LAW VOTED ON
WHAT A SURPRISE
THAT 63 MP’S WITH NO INTEGRITY WOULD NOT WANT IT PASSED
SO THIS IS NO
SURPRISE
I WISH I COULD WHISPER THIS IN SALEH’S EAR

Read More Link on
Right




alk4316 says to
(11:00:57):
have not read anything yet

Med says to (11:01:03):
STOP
WITH THE STUDIES NEEDED TO BE DONE…..ALRIGHT
WE KNOW THEY ARE DONE
THEY
ARE IN THE DRAFT LAW
WHICH IS IN PARLIAMENT

stlou says to
(11:01:35):
Med..that was the Brookings Institute..
very well
respected..

Med says to (11:01:44):
YES STLOU
FOR SOME REASON I
THOUGHT IT WAS SOME OTHER
I THINK IT WAS BECAUSE OF THE GUYS NAME
OHANLON
OR HANLON
SOMETHING LIKE THAT
I AM A BIT OFF MY GAME SMELLING THE DIESELF
FUMES
LOL
DIESEL

stlou says to (11:03:05):
step
outside..

Med says to (11:03:16):
I AM JUST KIDDING
I HAVE PLENTY
OF VENTILATION
TY THOUGH
I SUSPECT THAT SHABIBI WILL NOT WAIT MUCH MORE
THAN THIS MONTH
TO GET THIS RESOLVED
EACH MONTH THAT GOES BY
INFLATION
RISES
AND SO DOES HYPERINFLATION
BOTH ARE ON OUR SIDE
SO FAR THE BEST
POST FOR ME
WAS THE BLOG ONE

moose says to (11:05:50):
i really
feel sorry for shabbibi, being so intelligent and having this all planned
out….and having to deal with these buffoons in parliament, not to mention
M

Med says to (11:06:01):
I TOTALLY AGREE MOOSE

moose says to
(11:06:19):
must be driving him crazy

stlou says to (11:06:44):
I
saw the pic of Talabani meeting with the emir of kuwait..saw Zebari sitting
there as well

tudor says (11:06:46):
will post when done

stlou
says to (11:06:55):
glad he decided to show up somewhere..

Med says to
(11:06:56):
YUP……IT IS LIKE PUTTING MY COUSIN EINO IN A ROUND
ROOM

stlou says to (11:07:01):
it’s like where’s waldo?

Med
says to (11:07:09):
AND TELLING HIM TO PEE IN THE CORNER

alk4316 says
to (11:07:11):
way too much exposer towait much longer the natives are
getting restless

stlou says to (11:07:45):
IMF head is getting pretty
strong on her words lately

Med says to (11:07:55):
GOOD
NOW THAT
WAS FUNNY
BUT NOONE GOT IT
GEESH

stlou says to
(11:08:14):
Med..I got it..

stlou says to (11:08:24):
you have good
jokes..

TXCPA says to (11:08:28):
We got it, but now we all have to go
pee

claflame says to (11:08:29):
went over my head LOL

Med says
to (11:08:34):
LOL
TXCPA

stlou says to (11:08:41):
yes..that’s
true TXCPA

Med says to (11:08:42):
LET ME ASK YOU
WHAT DO YOU MAKE
OF THE EXPLANATION
THAT IT IS CAPITAL GAINS
AND THAT IF YOU HOLD A HARD
CURRENCY

stlou says to (11:09:15):
good question Med..

Med says
to (11:09:16):
THAT IS TRADED ON FOREX
AND MAKE A PROFIT
IT FALLS UNDER
SECTION 988

TXCPA says to (11:09:59):
I was busy and didn’t really
read it, but just scanned it.

Med says to (11:10:09):
OK
CAN WE GET
YOUR OPINION

TXCPA says to (11:10:16):
but I still think from what
I’ve read, it’s going to be ordinary income

Med says to (11:10:19):
ON
THE POST

stlou says to (11:10:19):
it is not circulated
currency..

The Baron says to (11:10:25):
29%

Med says to
(11:10:26):
NO IT IS NOT
BUT

stlou says to (11:10:34):
it is
still considered “exotic” is it not?

Med says to
(11:10:39):
STOP
ALL THE CURRENCY IN THE MIDDLE EAST
INCLUDING
KUWAITS
IS EXOTIC
NOW
THAT DOES NOT MEAN ANYTHING
WHAT HE IS SAYING
IS THAT ACCORDING TO THE IRS
IF A CURRENCY IS TRADEABLE
AND YOU HOLD LARGE
AMOUNTS OF HARD CURRENCY
THAT IT IS STILL CAPITAL GAINS
NOT EARNED
INCOME
HE SPECIFIES THE SECTION
OF THE IRS THAT APPLIES
REMEMBER THIS
GUY IS NOT A SELLER
JUST WROTE A PIECE
AND GOT ALLOT OF RESPONSES
SO HE
FOLLOWED UP
IF TXCPA CAN RESEARCH WHAT THIS GUY SAID
AND LET US KNOW IF HE
IS RIGHT OR WRONG
I RESPECT WHAT TXCPA SAYS
ON THIS MATTER
WHEN YOU
HAVE TIME TXCAP
CPA
CAN YOU DO HAT
THAT
GEEZ

TXCPA says to
(11:13:24):
I’ll try to look at it today.

Med says to
(11:13:25):
TYPING IS GOING ALL OVER
TY

busman says to
(11:13:55):
med what happens if you have circulated currency?

Med says
to (11:14:07):
YOU DONT
NOONE IN THE U.S. DOES
ANYTHING OUTSIDE OF
IRAQ

busman says to (11:14:32):
came from bank and it looks
used!

Med says to (11:14:35):
IS NOT CONSIDERED

lawlesslucy
says to (11:14:40):
i do and so do some of my friends

Med says to
(11:14:42):
YES YOU DID
OK OK
SO IT IS USED
BUT
IT IS NOT
COUNTED

stlou says to (11:15:03):
correct Med

Med says to
(11:15:03):
WHAT IS INTERNALLY INSIDE IRAQ
TY STLOU

sadielou says
to (11:15:08):
Med I have used currency in UK

Med says to
(11:15:22):
UGGHH

pballone says to (11:15:23):
but can you use it
?

Med says to (11:15:24):
LOL
WHEN IT IS TRADEABLE
YES
IT IS
NOT

stlou says to (11:15:37):
correct

Med says to
(11:15:56):
WE HAVE TO HAVE THE IQD
TRADEABLE

busman says to
(11:16:04):
just wondering, thanks

Med says to (11:16:06):
WHICH WE
KNOW
IS THE GOAL OF SHABIBI
ALONG WITH THE RATE OF EXCHANGE
SORRY I GOT
SHORT GANG

alk4316 says to (11:17:16):
just because its accepted does
not make it tradable

busman says to (11:17:18):
did you know shabs is
part of the accord group?

Med says to (11:17:29):
NO I DID
NOT

moose says to (11:17:30):
accord group?

Med says to
(11:17:34):
YOU ARE RIGHT ALK
BUT

busman says to
(11:17:43):
read it this morning

Med says to (11:17:45):
THEN THE
ISSUE OF THE TWO ORDERS
COMES INTO PLAY
PO 13303
AND CPA ORDER
38
NEITHER HAVE BEEN REPEALED
THE GOAL AS WE SHOULD ALL KNOW
FOR THE
CENTRAL BANK OF IRAQ
IS:

alk4316 says to (11:19:14):
atradable
currancy

Med says to (11:19:23):
1) DELETE THE ZERO’S FROM THE NOMINAL
VALUE TO INCREASE THE RATE OF EXCHANGE AGAINST OTHER FOREIGN CURRENCIES
2) TO
HAVE OTHER COUNTRIES ACCEPT THE DINAR AND USE IT IN THEIR FOREIGN CURRENCY
RESERVES
3) TO HAVE THE DINAR AS AN INTERNATIONALLY ACCEPTABLE CURRENCY
4)
TO REDUCE THE HYPERINFLATION FROM THE HUGE AMOUNTS OF LIQUIDITY THE DINAR HAS
CAUSED TO BE…..BECAUSE OF THE LOW RATE OF EXCHANGE
5) TO GIVE PURCHASING
POWER TO THE PEOPLE OF IRAQ AND TO REDUCE THE CORE INFLATION INDEX THAT THE
VALUE OF THE DINAR IS CAUSING AGAINST RISING PRICES IN GOODS
6) TO ELIMINATE
THE USD AS THE CURRENCY OF CHOICE INTERNALLY IN IRAQ
ALSO
IN A FREE MARKET
ECONOMY
WHICH THERE IS NONE IN IRAQ
YOU NEED TO HAVE A TRADEABLE
CURRENCY
NO MATTER WHAT THE VALUE
UNLESS ACCEPTED INTERNATIONALLY
NO
FREE MARKET ECONOMY IS POSSIBLE
OK ALL DONE
TY VERY MUCH

alk4316
says to (11:23:47):
purchasing power international status restored

Med
says to (11:23:59):
YOU CAN NOW RETURN TO YOUR REGULARLY SCHEDULED
PROGRAMMING

busman says to (11:24:07):
also there was 220 deputies in
parl. today, from house site, count is getting higher

cookmarian says to
(11:24:15):
Thank You Med(})