med chat 6/22/2011

med chat 6/22/2011 12:30 AM CST

Med: HEY GANG
I SUGGEST THAT YOU ALL WAKE UP
I HAVE SOMETHING IMPORTANT TO DISCUSS
OK
I HAD KNOWN ABOUT THIS FOR A FEW DAYS
AND SONNY HAD BEEN WORKING ON IT
AND HE FINALLY GOT AHOLD OF ME TODAY
WHEN I WAS AT THE HOSPITAL VISITING MY DUAGHTER
IT HAD BEEN RUMORED AROUND
ABOUT A TV NOT INTERVIEW
BUT SHABIBI BEING ON TV IN IRAQ
DISCUSSING WHATEVER
WELL AT FIRST I WAS SKEPTICAL
BUT SONNY GOT THE TRANSLATION ARTICLE
FORM ALSUMARI
I BELIEVE AND CALLED ME ABOUTIT
NOW HAS ANYONE SEEN THIS ARTICELE
IF bon**ady IS HERE
I AM SURE SHE HAS
YOU KNOW JUST CUZ I DON'T BRING SOMETHING UP
YOU CAN ON HERE
YOU DONT HAVE TO TAKE IT TO ANOTHER SITE
AN DISCUSS IT THERE
IT IS VERY BIG NEWS

flowergirl: heard about Med

soonerfan1: is it titled something like "shabibi talks currency rates?"

Med: AND I KIND THINK THAT IF I SHARE EVERYTHING
NOW SONNY TOLD ME THAT SHABS STATES IN THERE SOMEWHERE
THAT HE FEELS IRAQI'S WILL ADAPT QUICKLY
IN ABOUT 7-10 DAYS
IS ANY OF THIS IN THAT
I HAVE NOT READ IT
ONLY GOT GIST OVER THE PHONE

flowergirl: yes it is Med

Med: OK GREAT
SO HERE IS WHAT I TOLD SONNY
MY OPINION ON WHAT ALL THIS IS ABOUT
I TOLD HIM THAT WHEN THE NEW DINARS WERE ANNOUNCED AS IN
AND READY TO BE DISTRIBUTED
WHEN READY
I KNEW THAT THE GO AHEAD WAS ALREADY DONE
AND MOST LIKELY IT WAS DONE IN DECEMBERS MEETINGS
AND WE HAVE BEEN SITTING HERE
BEATING OURSELVES TO DEATH
OVER TWO D. BAGS FIGHTING OVER WHO WILL BE THE MOST POWERFUL
I BELIEVE THAT DURING THIS TIME
AND I DONT THINK IT IS SMOKE
BUT SHABS USED IT TO GET WHAT HE NEEDED
TO GET DONE AND IN PLACE
WE KNOW THAT THE RAISING OF THE ZERO'S IS COMING
WE KNOW THAT THEY NOW ARE BRINGING FOREX INTO A COUNTRY
THAT CAN'T USE IT
WE KNOW THAT THEY HAVE TRAINING COMING
FROM EXPERTS ON IMPROVING THE BANKING
AND ALSO BRINGING SWIFT SCREENS ONLINE
BETWEEN NOW AND DECEMBER
I BELIEVE
WE KNOW THEY HAVE THE NEW DINARS PRINTED
AND IN IRAQ
AND ENOUGH AS STATED BY CBI TO MEET THE INITIAL NEEDS
WE NOW ALSO KNOW THAT SHABS HAS GONE PUBLIC AND DISCUSSED THIS ON IRAQI TV
NOW YES WE STILL DONT HAVE ANY DEADLINE
OR DATE
WE ALSO KNOW THAT THE DFI IS OVER SOON
AND THAT THERE ARE NEW ACCOUNTS BEING MADE
TO APPARENTLY TRANSFER FUNDS INTO
IS THAT NOT TRUE OR AM I MISINFORMED
FROM THE DFI

flowergirl: correct Med

calldinar: yes it is

hoperv: Med sorry for interupting but here is the link by harry
Med: GREAT

Med: OK HOLD ON
LET ME HAVE A SEC
OK DONE
WELL THE MEETING OF THE INDEPENDENT BODIES
IS ABOUT ONE THING
ONE WORD

Spunkymonkey: corruption

Med: YES SPUNKY - IT IS ALL ABOUT CORRUPTION AND HOW TO DEAL WITH IT
WE HAVE MALIKI AS USUAL
JUMPING IN AND SAYING THAT IRAQ WILL COMBAT CORRUPTION IN HIS COUNTRY
LIKE NO OTHER IN THE WORLD EVER HAS
OK THAT IS BELIEVABLE…NOT
AND YES TWICE CBI IS BROUGHT UP
ONCE ON THE DELETING OF THE ZERO'S
WHICH CBI HAS NOT SAID
OR USED THAT TERM
NOR HAVE THEY USED REDENOMINATION
WHICH IS THE DEVALUING OF A CURRENCY
DUE TO HYPERINFLATION AND A CURRENCIES VALUE FALLING

Med: NEITHER OF WHICH IS TRUE IN IRAQ
WE HAVE RAISING THE ZERO'S
AND THEY MENTION THAT IT WONT INCREASE THE VALUE
WHICH IS TOTALLY REDICULOUS
OF COURSE IT DOES
EVEN THE STUDIES INSIDE IRAQ
AT THE UNIVERSITIES
EXPLAIN HOW IT WILL INCREASE THE VALUE INTERNATIONALLY
NOW INSIDE IRAQ
YES IF YOU PAID X AMOUNT FOR SMOKES
AFTER THE DINAR RATE HAS CHANGED
THE PRICES WILL ONLY CHANGE INSIDE IRAQ
TO REFLECT THE NEW RATE OF EXCHANGE
BUT GLOBALLY
THAT IS WHERE IT WILL MAKE A DIFFERENCE
AS WAS STATED BY SALEH IN HIS LAST INTERVIEW
ON MAY 26TH 2011
NOW, AFTER GOING OVER ALL THIS
MY ONLY THOUGHT IS
JUST WHAT THE HECK IS LEFT
TO WHAT ELSE DO THEY HAVE TO DO
GET READY
TO REVALUE
OR RAISE THE ZERO'S

Stlou: nothing

Med: I MEAN JUST THINK
YEARS AGO…WHEN MANY THOUGHT IT WAS THE DAY
OR SUCH FOR AN RV
AND NOW WE SEE JUST HOW MUCH PREPARATION
WAS INVOLVED TO MOVE ON THIS
Stlou: unless they are waiting for that June 30h deadline
tudor: security

Med: SEE TUDOR - I AGREE
FOR SOME REASON
IT IS JUST THAT LITTLE BIRD SAYING
THE GOLDEN ECO 101 RULE

Tudor: Shabs wants it

Med: THAT A COUNTRIES CURRENCY IS ONLY AS STRONG AS THE GOVT THAT BACKS IT
BUT WITH THESE TWO INBREEDS FIGHTING SO MUCH
I JUST CAN'T SEE HOW LONG SHABS CAN WAIT
WE ALSO KNOW THAT SOMETHING THAT HAS BEEN LOST IN THE SHUFFLE HERE

Tudor: he must be out of time too

Stlou: inflation up this past month

Med: IS THAT THEY WERE IN THE PROCESS OF MOVING INTO A FREE MARKET ECONOMY
WHICH REQUIRES A TRADEABLE CURRENCY
DOESN'T MEAN IT HAS TO BE 1 BUCK
OR .50 CENTS
BUT TRADEABLE
WHICH IT IS NOT
IT IS FUNNY
THAT USUALLY IN JUNE ABOUT THIS TIME
THERE IS A UNAMI OR A REVIEW OF CHAPTER VII
THERE HAS BEEN FOR THE LAST SO MANY YEARS
IN JUNE OF EVERY YEAR
NOT THIS YEAR
HMMMM

Tudor: are they waiting for Iraq to rv?

Soonerfan1: wow. i didn't even realize that.

Guardian: harry's article is saying, i.e., it will not affect the exchange rate, in that a 25,000 note would not be worth $25 with removal of the zeros, but that's not to say the value could not be raised, two separate things imo, apples/oranges

hoperv: wasn't there a meeting with the UN on the 16th?

Med: OK A 25K NOTE WOULD NOT BE WORTH 25 BUCKS - APPROX
NOW REMEMBER

Guardian: i know, i think that's what they we're referencing about the value, it was my example

Med: THIS, CBI CAN CONTROL THE EXCHANGE RATE INTERNALLY
AND COULD ASK THAT THEY BRING IN THE DINARS
AS THE U.S. DID WHEN THE BROWN BACKS
WERE EXCHANGED FOR THE GREEN BACKS
REMEMBER - THE AVG IRAQI IS NOT AN INVESTOR
CBI CAN CONTROL THE EXCHANGE OF CURRENCY INSIDE IT'S BORDERS
BUT NOT GLOBALLY
REMEMBER THE ONLY VALUE EVER DISCUSSED IS ALWAYS INSIDE IRAQ
AND THE IRAQI CITIZEN
NOONE HAS EVER DISCUSSED
THE DINAR THAT HAS BEEN SOLD TO MILLIONS OF INVESTORS
AND CBI DOES NOT WANT TO
OR SOMEHOW CBI HAS ALREADY DISCUSSED THIS WITH OTHER GOVTMENTS
AND THE ISSUE IS SETTLED ON HOW IT WILL BE HANDLED
AND HOW IT WILL BE TURNED BACK IN TO CBI
AND WHAT TIME FRAME

Med: NOW THAT IS JUST ME SPECULATING
WE HAVE NO INFO ONTHAT ONE WAY OR ANOHTHER
NOT THAT IS NEW ANYWAYS
NOW I HATE TO BRING THIS GUY UP, BUT
HE HAS CONTACTED ALL THOSE WHO BOUGHT FROM HIM
AND SENT EMAILS OUT GUARANTEEING
THAT HE WAS TOLD
THAT THE DINAR AND HOW IT WILL BE REVALUED
IS EXACTLY HOW WE THINK IT IS TO BE
AND NO HANKY PANKY BY CBI
HAS DINAR TRADE OPENED BACK UP
OR IS IT STILL CLOSED

Winston: closed

Med: OK

Hoperv: Closed but I heard opening as a bank soon

Med: NOW ONE THING KIND BOTHERED ME HOPE
AND OTHERS
THAT DT CLOSED
JUST BEFORE THE NEWS OF CORRUPTION INSIDE TBI CAME OUT
AND EXECS FROM TBI ESCAPED IRAQ TO BEAT PROSECUTION
NOW THE PERSON IN ?
HAS ALWAYS CLAIMED TO BE IN TIGHT WITH TBI
SO JUST SOME FOOD FOR THOUGHT
AND IT KINDA GNAWED AT ME

Hoperv: did you read the article that the TBI Pres stated he did nothing wrong and it was Maliki

Med: NO, BUT I AGREE
THAT IT IS EXACTLY AS HE STATES, BUT HONESTLY
GETTING MALIKI FOR CORRUPTION IS GOING TO BE LIKE A FLY BEING ABLE TO ENTER THE SUNS ATMOSHPERE WITHOUT BEING FRIED

Winston: i read a discussion that maliki wanted a loan from tbi for the Korean deal he signed, but TBI turned him down. so maliki went to TBI to bully them and the pres fled the country, but I cannot verify that.

Med: SO WE SEE HOW MUCH HAS BEEN DONE
SINCE DECEMBER
AND ACTUALLY WE HAD NO CLUE
UNTIL IT WAS ANNOUNCED
THAT IT WAS EVER BEING DONE
SO HONESTLY I THINK THIS IS HOW IT IS GOING TO CONTINUE GANG

Mountainman: Time is on our side...

Med: YES IT IS
THEY ARE RUNNING OUT
BUT FOR SOME REASON THEY SEEM TO ACT LIKE IT IS NEVER ENDING
AND THAT THEY HAVE FOREVER TO NOT DO ANYTHING
I MEAN THIS COUNTRY HAS BEEN IN A TOTAL DEADLIOCK
SINCE THE TROUBLE WITH THE ELECTION LAW
NOTHING SINCE THEN HAS MOVED FORWARD ON HE ECONOMY
NEITHER ARE HURTING FOR MONEY OR STATUS
SO EACH CAN SIT BACK
AND JUST WAIT IT OUT

Guardian: this is a better explanation of what i was trying to say: they we're saying deleting zeros would not affect the value (but rving will, they did not mention that, but we all know it)
soonerfan1 says to (00:07:32):

littlecisco: would they ever have discussed this so openly if they were not ready to move on it?

Med: WELL IT HAS TO BE
WELL GANG
YOU ALL TAKE CARE - GN