Med/MM17 Chat 7/5/2011 7:30 AM

Med/MM17 Chat 7/5/2011 7:30 AM

Med says to (07:35:01):
OK ARE WE READY TO GET STARTED?
GOOD MORNING DS I'M BACK
AND WHAT NEWS WE HAVE JUST PHENOMENAL

I HAVE BEEN ON THE PHONE FOR TWO DAYS WITH SONNY
DISCUSSING WHAT HAS BEEN GOING ON ,,HE WAS ASKING FOR MY INSIGHTS
THERE WAS HUGE NEWS TODAY
HE JUST WANTED TO BOUNCE STUFF OFF MY HEAD AND SEE IF I AGREED
I DID

I TOLD HIM THAT I BELIEVE I KNOW WHY THE RAISING OF ZERO'S
HAS BEEN DELAYED AND THE ANSWER TO IT CAME OUT TODAY

I WAS ALWAYS CONCERNED,,SORT OF 50/50 ON THE SANCTIONS
EVEN THOUGH IN DECEMBER MANY WERE REMOVED

ACCORDING TO THE REST IN PLACE IRAQ WAS STILL PRETTY MUCH TIED UP ON NOT BEING ABLE TO MAKE ANY MOVES INTERNATIONALLY

NOW THAT THOSE OBSTACLES HAVE BEEN REMOVED
THEY NOW CAN MOVE FORWARD WITH ANY INTERNATIONAL MOVES
INCLUDING THE RAISING OF THE ZERO'S AND HAVING AN INTERNATIONAL CURRENCY AND JOINING THE WTO

I WAS TRYING TO FIGURE OUT
HOW IRAQ COULD BE A MEMBER OF THE WTO WHEN THEY WERE STILL LIMITED BY THE REST OF THE UNSC SANCTIONS

I JUST FIGURED THERE WAS SOMETHING I HADNT READ THAT DIDN'T MAKE A DIFFERENCE
WELL THERE WASN'T

THEY COULDN'T MOVE FORWARD
THEY HAD NO CHANCE TO MOVE INTERNATIONALLY UNTIL THIS MOMENT

NOW THEY HAVE TO PAY 5% STILL TO KUWAIT, IF THEY BALK ON THAT
THEN THEY WILL HAVE TO PAY KUWAIT A LUMP SUM PAYMENT OF ALL THAT IS OWED TO THEM, THAT IS THE DEAL WITH KUWAIT ON THE KUWAITI FILES

NOW ALL INTERNATIONAL SANCTIONS ARE OVER WITH
BUT
NOW ALL LENDERS,COUNTRIES, ETC.... THAT IRAQ OWES MONEY TOO
ARE ALL LICKING THEIR CHOPS

ONLY THE U.S. IS PROTECTING ANY IRAQI ASSETS
ANYTHING ELSE OUT THERE IS NOW FAIR GAME TO ALL DEBTORS
BUT WITH THAT, THEY CAN ALSO FINALLY DO BUSINESS WITH ANYONE

BUT
IT IS NOT GOING TO HELP UNLESS THEY CAN TRADE INTERNATIONALLY AND WITH AN INTERNATIONAL CURRENCY

NOW I AM NOT SAYING ANY RATE

I AM ONLY SAYING THAT THEY CANNOT MOVE AND USE THE NEW FREEDOMS WITHOUT ONE UNLESS THEY ARE HAPPY WITH DEALING WITH THE REST OF THE 3RD WORLD COUNTRIES WHO ALSO HAVE NO CURRENCY

AND IN ALL THE YEARS I HAVE BEEN STUDYING IRAQ THAT WAS NOT THEIR INTENTIONS
IT WAS TO HAVE STRONG TIES WITH THE U.S. IN TRADE
AND OTHER ADVANCES IN THE ECONOMIC DEVELOPMENT
FROM THE U.S.

NOW A COUPLE THINGS
SONNY SAID THAT THEY ARE REPORTING AND I DID NOT SEE THIS
THAT THE KURDS HAVE AGREED ON A PLAN FOR THE HCL THAT WAS OFFERED TO THEM

HAS ANYONE SEEN THIS
I DID NOT SEE IT IN THE FORUMS BUT HE SAID THAT ONE CAME OUT
AND HE ALSO SAID THAT MALIKI HAD A VERY GOOD DETAILED PLAN
FOR THE COUNTRY

GOP says to (07:50:56):
I think I remember reading something along those lines a day or so ago.. the HCL

Med says to (07:50:59):
BUT IT WAS ALLAWI WHO HAS BEEN THE REASON FOR IT NOT BEING IMPLEMENTED
OK GOP
TY

NOW I HAVE ONE ISSUE
THAT BOTH SONNY AND I ARE KIND OF UPSET WITH
AND I TOLD HIM
THAT IF ANYONE CAN FIND OUT THE TRUTH ON THIS MATTER
DS CAN

NOW DONT ALL GET RILED UP UNTIL WE FIND OUT AND THEN DISCUSS IT
OK
SO IF YOU ARE LURKING PERK YOUR EARS UP
WE ALL KNOW THAT ALI OF DINAR TRADE HAS SENT OUT EMAILS TO MEMBERS SAYING THAT NO LOP IS COMING AND HE WAS GUARANTEED THAT BY IRAQ

OK GREAT
AND I THINK WE ALL KNOW THAT ALI'S BIGGEST CUSTOMER
IS THE U.S.

HE HAS BOUGHT A BANK IN IRAQ AND ONE IN THE U.S.
BUILT A NEW HOME IN MALIBU,,MADE MILLIONS AND MILLIONS OFF US
AM I CORRECT ?

WELL RUMOR IS
ALI IS OR HAS SKIPPED TO THE U.K. AND NO LONGER IS IN THE U.S.
AND IS DODGING ALL CALLS AND HIS NEW OFFICIAL OFFICE IS IN THE U.K.

NOW I GOT THIS FROM SONNY
DO WE HAVE ANY INFO ON THIS
DOES THIS NOT SEEM REALLY ODD TO ANYONE BESIDES ME

IF TRUE

SallyDS says to (07:56:03):
I have a friend who trades with Ali and she told me the same thing except the word she used wasn't skipped

Cleminspector says to (07:56:12):
Washed my hands with them long time ago. Don't know or care

Med says to (07:56:20):
I UNDERSTAND CLEM BUT DOESN'T ANYONE SEEM TO BE BOTHERED BY THIS
THE LARGEST SELLER OF DINAR


Bondlady2 says to (07:56:48):
yes

Med says to (07:56:53):
ALL OF A SUDDEN IS LIVING IN ANOTHER COUNTRY

GOP says to (07:57:09):
makes me a little concerned that he has not been truthful

Newlife says to (07:57:11):
Maybe he has legal issues here in the US

SallyDS says to (07:57:23):
I understood that it had to do with his site being shut down for a while

Med says to (07:57:26):
NOW ALL OTHERS ARE STILL UP AND RUNNING

BRB59 says to (07:57:39):
I know we are not suppose to bring in other chats, but DD said he was returning from his new home inUK for cashing in

Med says to (07:57:41):
HE SAID HE SHUT IT DOWN SALLY
NO IT IS OK BRB

Dinar$BuyersAunt says to (07:58:04):
Hi Med. Yes, does sound suspicious. Why would he leave with a bank in the US and a home in Malibu???

SallyDS says to (07:58:06):
it is not shut down

Med says to (07:58:16):
NO IT IS NOT SALLY YOU ARE RIGHT

horseluver says to (07:58:23):
mn med but your not thinking there is something wrong with his dinars are you

bighope4us says to (07:58:23):
What is UK's tax rate. He owns so much personally, he may be trying to get out of paying US taxes

Med says to (07:58:24):
BUT GEEZ

shooter says to (07:58:29):
maybe he did not pay is due taxes

Med says to (07:58:41):
NOW HE IS CLAIMING FROM WHAT I UNDERSTAND IT HAS TO DO WITH SHIPPING COSTS
I KNOW HE HAD A DEBT TO UPS THAT WAS ABOUT 1 MILLION
HE WAS IN ARREARS ON AND THAT IS WHY HE HAD CHANGED

Spunkymonkey says to (07:59:17):
Med, What are you thinking his reasons for doing that is?

SallyDS says to (07:59:34):
he now ships out of England, so I understand

Big says to (07:59:37):
We know he had shipping issues with FedEx - unpaid bills

Med says to (07:59:52):
SEE LIKE WAS JUST SAID HOW TRUTHFUL IS THIS GUY
AND THINK OF THIS
OK
RIGHT NOW THE SALES OF DINAR ARE PROBABLY AT THEIR LOWEST
HE CANNOT GET HIS HANDS ON NEARLY WHAT HE USED TO AND FOR YEARS
HE WAS SELLING LIKE A MAD MAN AND SHIPPING NEVER WAS A PROBLEM OR THE COST

NOW
WE KNOW WE ARE ONE VOTE AWAY FROM THIS BEING OVER
SO IF THIS IS TRUE WHICH I BELIEVE IT IS THEN TIME IS SHORT
SO TO ME SO WHAT IF THE SHIPPING IS MORE
HE IS NOT SELLING RIGHT NOW IS HE
HE STOPPED ALL SALES IN MAY
AM I RIGHT OR DID HE START UP AGAIN

Big says to (08:02:10):
You're correct

SallyDS says to (08:02:10):
I don't now. Have told you all that was told to me


Med says to (08:02:21):
NO ,I AM JUST BOUNCING OFF

papaw19 says to (08:02:28):
IMO feds stopped all sales, feds don't control UK

Med says to (08:02:44):
NOW HE DID OWE SOME STATES MONEY FROM FINES

horseluver says to (08:02:47):
maybe he figured no one would cash in with him here with all the bad pub.

Med says to (08:02:50):
AND LAWSUITS,,,,,,COULD BE HORSELUVER

mailman17 says to (08:03:37):
BAD PUBLICITY?...FROME ME?...NAHHHH

Med says to (08:03:48):
HIS BIGGEST MISTAKE WAS GETTING INVOLVED IN N E O S SITE
VERY BAD PR AND THEY WERE A NASTY SITE

GOP says to (08:04:29):
DD just stated he was still going to be heading up one of Ali's cash in sites. DD has always seemed to be a very straight up guy.

Med says to (08:04:39):
DD IS STRAIGHT UP HE TRIES TO BE

Dinar Mark says to (08:04:55):
Man, you are scareing me, is this good or bad????????????????

Med says to (08:04:55):
NOW REMEMBER THOUGH
HOLD ON
WE ARE JUST DISCUSSING

ME PERSONALLY I COULD CARE LESS ABOUT ALI
NEVER WAS GOING TO GIVE HIM A DIME,,GLAD HE IS GONE
BUT I DON'T TRUST HIM


shooter says to (08:05:54):
he has nothing to do with iraq ...just dinars

Med says to (08:05:56):
AND TO LEAVE BECAUSE AS HE LEAKED OUT

SallyDS says to (08:06:03):
so is that why you mentioned his letter and the lop?

Med says to (08:06:05):
IT WAS SAFETY
YES
HE MENTIONED TO ALL BUYERS AND I WANTED YOU ALL TO REMEMBER
HE DID ACKNOWLEDGE TO BUYERS WHAT WE BELIEVE IS TRUE
IS WHAT HE GUARANTEED AS THE TRUTH
THIS WAS JUST A CYA
I DO NOT LIKE TO LEAVE ANY DOOR OPEN OR EXPLORED
I AM NOT RUNNING SCARED

SallyDS says to (08:07:49):
well, that's the only part of this discussion that concerns me. i thought lop talk was dead buried and burned up

Med says to (08:07:50):
BUT THIS IS OBVIOUSLY
YES TO ME IT IS

mailman17 says to (08:08:04):
ME EITHER...(6)

Med says to (08:08:04):
BUT SALLY, WHY DOES ANYONE PACK UP AND RUN SCARED
MAYBE

Newlife says to (08:08:40):
I do believe he has alot of issues here in the US and is trying to save his ars

mailman17 says to (08:08:47):
I KNOW, I KNOW. I KNOW

papaw19 says to (08:09:00):
why would he open offices for a lop

SallyDS says to (08:09:05):
but is there ANY logic for Iraq to lop at this point? I don't see it but I don't understand as much as you do

horseluver says to (08:09:47):
as long as the dinars he sold are good, then bye bye ali

Newlife says to (08:09:57):
Plus he said he and his family were fearing there lives

bighope4us says to (08:09:57):
absolutely no reason for lower denoms if Lop

Med says to (08:10:00):
THERE IS NO REASON
HOLD OK
BRB

mailman17 says to (08:10:11):
MED...GUESS WHAT IRAQ HAD TO PAY ON THE 1ST OF JULY?
AND YOU DONT SEE IT IN THE NEWS..({)

neo says to (08:10:52):
true mailman

horseluver says to (08:10:58):
first payment

mailman17 says to (08:11:04):
TO WHO?

SallyDS says to (08:11:08):
yea. that's why I flipped it off when I heard about his letter

pillsbury says to (08:11:16):
paris club

mailman17 says to (08:11:21):
BINGO,
2.97% OF THE REPORTED 38 BILLION OWED
NOT INCLUDING NON-PARIS

SallyDS says to (08:11:55):
to me and my little mind, Shabs is following a logical plan and lopping doesn't fit into it.

Med says to (08:11:56):
OK BACK

papaw19 says to (08:12:01):
if they defalt it's all due too

mailman17 says to (08:12:08):
THATS JUST THE PARIS AGREEMENT SET UP IN 2003

Med says to (08:12:10):
OK ONE OTHER ISSUE
SONNY TOLD ME THAT SHABIBI IS BANNED FROM ANY TRAVEL OUTSIDE IRAQ
FOR THE TIME BEING

mailman17 says to (08:12:46):
HMMMM

Med says to (08:12:51):
WHICH TO ME IS GOOD NEWS

SallyDS says to (08:13:03):
now THAT is interesting....banned by who?

Med says to (08:13:11):
MALIKI HAS FORBID HIM FROM LEAVING

mailman17 says to (08:13:25):
FOR WHAT REASON?...<)

Med says to (08:13:30):
HE IS THE MASTERMIND OF THIS ENTIRE THING
IS HE NOT
AND WITHOUT HIM THIS WILL BE A DISASTER
THERE IS NO WAY ANYONE ELSE COULD PUT THIS TOGETHER
AND MAKE IT WORK

HE IS THAT SMART
COULD YOU SEE SOMEONE LIKE SALEH TRYING TO PUT THIS ON TRACK

SallyDS says to (08:14:38):
well, I can agree on that but it seems illogical to me that a man who has spent countless years putting this whole deal together would run out unless

papaw19 says to (08:14:41):
is shab in a position to give M an ultimatum?

Med says to (08:14:51):
UMMMMM

SallyDS says to (08:15:05):
but couldn't he do that from outside the country?

Med says to (08:15:09):
ONLY IN SPECIFIC CIRCUMSTANCES HE CAN BUT SO FAR
MALIKI HAS NOT INTERFERED IN ANYTHING SHABS HAS DONE
ONLY ONE TIME HE TRIED TO

THAT WAS WHEN THEY WERE OFF THE SBA ON MARCH 18 2009 MALIKI ASKED HE STOP SELLING DINAR

SallyDS says to (08:16:03):
seems to me if shabs want to run, he would have the whole backing of the UN, IMF, etc behind him..

Med says to (08:16:29):
I DONT THINK IT WAS CUZ HE MAY RUN I THINK IT WAS MORE WE CANT TAKE A CHANCE ON ANYTHING HAPPENING TO HIM
AND IF THIS GOES DOWN AT ANY MOMENT HE NEEDS TO BE HERE

bighope4us says to (08:16:58):
too far into the process of the rv and shabs only knows certain things. If he dies that dies with himi

SallyDS says to (08:17:03):
then, it is a power thing, a threat etc

Med says to (08:17:17):
UMMMM
NOT POWER BUT FEAR IF HE ISN'T IN CHARGE THEN THINGS GO HAY WIRE

SallyDS says to (08:17:43):
or maybe Maliki is so scared it won't work that he is making sure all pieces stay in place

Med says to (08:17:45):
OK HOLD ON
NOW THAT MAKES MORE SENSE SALLY

Med says to (08:19:00):
MM17

Med says to (08:19:01):
CALL ME

Med says to (08:19:04):
I GOT A NEW PHONE

Med says to (08:19:46):
NOW BEFORE ALL GET BENT ON THE ALI DISCUSSION
I WILL EXPLAIN IN A SECOND AFTER DONE WITH MM17

SallyDS says to (08:19:52):
if Shabs is Sunni, Maliki may be seeing visions of Sunni power

pballone says to (08:20:22):
GM Good Lord Med you are a mind reader.

Med says to (08:20:32):
GM PBALLONE
LIKE I SAID I WANT TO SEE ALL THE INFO FROM SEVERAL DAYS
BEFORE I JUMP INTO ANYTHING
I AM NOT GOING TO GET BENT ON ONE ARTICLE
I WANT TO SEE A PATTERN

SallyDS says to (08:21:33):
patterns are good, very good

pballone says to (08:21:36):
What article?

neo says to (08:22:01):
Like I said strategy based on multiple vantage points is best
always been your style Med we like that

kelpie says to (08:25:07):
sally, did you receive an email or something? just caught the last part of this

SallyDS says to (08:25:19):
we are playing bridge. Shabs has opened with .00008 dinar and we are challenging him to raise!
no kelpie. Med came on this am asking first if anyone had seen an article where the Kurds agreed to HCL and then asked some questions re Ali letter which was sent to his customers which mentioned a lop.

kelpie says to (08:26:58):
ok....thanks...saw the info on that and couldn't figure out the references....

Dinar Mark says to (08:27:00):
Well, parliment adjourned until Monday the 11th

SallyDS says to (08:27:31):
MED DOES NOT BELIEVE in lop but is forcing us to think through some issues with him, like when Maliki has forbidden Shabs to leave the country Currently he is talking with MM

tmac096 says to (08:27:42):
DM are you kidding/ What for this time?

Dinar Mark says to (08:28:07):
I read in the forum, parliaments addenda

I don't think I read it wrong

SallyDS says to (08:28:40):
No, I think that is what I saw as well

mailman17 says to (08:29:28):
JUST GOT OFF THE PHONE WITH MED...HES TAKING HIS DAUGHTERS CALL RIGHT NOW
BUT
LET ME ELEABORATE ON WHY SHABS HAS TO STAY IN COUNTRY


FIRST OFF
THE SMALLS ARE IN PLACE AND SHABS DOES NOT NEED ANYONES APPROVAL FOR A RATE CHANGE...OR IN THIS CASE AN RV...SAY AROUND PAR OR 1-1\


BUT WHAT SHABS DOES NEED IS THIS APPROVAL OF THE RELEASE OF THE SMALLS
THAT IS IN THE CONSTITUTION AND UNDER PARLIMENT


NOW
THE IMF DID WANT THE FINAL REPORT ON NOT ONLY THE CBIS FINAL NUMBERS BUT THE 7 STATE BANKS
THAT IS WHAT SHABBS WILL BRING TO PARLIMENT WHEN CALLED IN FOR THE RV/RELEASE OF THE SMALLS
BUT HE HAS TO BE THERE
THAT IS WHY MALIKI TOLD HIM MORE OR LESS...YOUR NOT GOING ANYWHERE CAUSE THIS CRAP ABOUT TO HI THE FAN

Med says to (08:32:50):
OK DONE WITH MY DAUGHTER,,SHE WANTED HER MOM TO GO TO THE DR WITH HER

OK
ON ALI
I BROUGHT IT UP BECAUSE I KNEW THAT SOME HAD TO HAVE IT IN THE BACKS OF THEIR MINDS AND I WANTED YOU ALL TO DISCUSS IT
AND GIVE RESPONSES AND THAT BASICALLY WHO GIVES A CRAP WHAT HE DOES

I THINK HE HAS TROUBLES
AND THEY HAVE NOTHING TO DO WITH THE POSSIBLE CHANGE IN WHAT IRAQ MAY BE DOING


I THINK THEY ARE PERSONAL AND PROBABLY TO DO WITH HIS BUSINESS PRACTICES HERE IN THE U.S.


ALSO
AS I SAID HE MADE A VERY BAD MOVE
IN ALIGNING HIMSELF WITH ONE SITE NOT THINKING THAT SOMEDAY
THERE WOULD BE ONE THAT WAS MUCH BIGGER THAN THAT ONE
AND HAVE MORE IMPACT ON HOW U.S. CITIZENS DEAL WITH HIM

I SUPPORT AS DOES MM17 USING U.S. BANKS IT IS SAFE

SallyDS says to (08:36:28):
Med, if his problems weren't personal, then that is - n effect - saying his problems control the country of Iraq..and even I can't buy that!

Med says to (08:36:50):
BOTTOM LINE I DON'T BUY IT EITHER
I JUST THINK IT IS BEST THAT PEOPLE SPEAK ALSO
THEN IT SINKS IN MORE

neo says to (08:37:28):
Absolutely! Well said Med

Med says to (08:37:36):
TY NEO

mailman17 says to (08:37:42):
KISSBUTT

Med says to (08:37:55):
I DONT THINK IT SHOULD BE JUST ABOUT ME SAYING THIS IS THE WAY
OR IT IS THAT WAY, WE NEED TO HAMMER IT OUT AS A GROUP

NOW
MAJOR ISSUE AND AS I SAID
AND ONE THAT ALSO MM17 TOUCHED ON
THE IMF WANTED AN AUDIT AND ACCOUNTABILITY
WANTS TO KNOW WHAT IS REALLY OUT THEIR FINAL NUMBERS

neo says to (08:39:08):
Transparency and Governance

Med says to (08:39:09):
IF THE IMF REALLY DOESNT HAVE THE RIGHT NUMBERS
THEN LETS SAY THEY GO INTO A BASKET
HOW DO YOU DETERMINE IT ACCURATELY
YOU JUST DONT GO INTO IT WITH WELL A GENERAL FIGURE

THEN WHEN THE REAL NUMBERS COME OUT
IT COULD HAVE A HUGE IMPACT UP OR DOWN

NOW THE REMOVAL OF ALL SANCTIONS IS NUMERO UNO
THIS WAS LIKE MOSES PARTING THE RED SEA NEWS
IT OPENED UP A PATH THAT WAS NOT AVAILABLE TO THE JEWS
OR TO THE IRAQI'S THE PAST 20 YRS

FREEDOM TO MOVE ABOUT THE WORLD AND JOIN THE WTO
THEY NOW CAN HAVE A TRADEBALE CURRENCY
THEY NOW CAN TRADE WITH ANYONE WITH A TRADEABLE CURRENCY
U.S. COMPANIES SHOULD BE ABLE TO SOON DO ALMOST ANY TYPE BUSINESS WITH IRAQ
THIS IS HUGE
HUGE
HUGE
NEWS
AND A TOTAL SURPRISE

mailman17 says to (08:43:21):
WITH A RATE THAT IS STABLE AND CONTROLLABLE AND BACKED BY THE IMF

Med says to (08:43:25):
I DOUBT ANYONE SAW THIS COMING
YES MM17
THAT IS WHY THE ACCOUNTABILITY IS SO IMPORTANT
REMEMBER BACK IN MAY 2010 THE FIGURE CAME OUT FROM AN ARTICLE THAT GUARDIAN POSTED THAT IRAQ HAD 9 TRILLION IN INFLATION
THEY HAD 9 TRILLION IN INFLATION
THEY USED THAT TERM
IT WAS USED INSTEAD OF EXCESS LIQUIDITY
SO IS THIS ONLY FOR IRAQ OR IS THIS ALL OTHER COUNTRIES INCLUDED

SEE
IN THE STABILIZATION FOR DEVELOPING COUNTRIES IMF REPORTS ON IRAQ
THAT IS ALL IT SHOWS AS BEING IN HARD CURRENCY GLOBALLY FOR IRAQ
NOW THEY HAVE A TOTAL OF SOMEWHERE IN THE RANGE OF 26 TO 32 TRILLION DINAR

neo says to (08:47:50):
what about oil futures

Med says to (08:47:56):
BUT THAT IS ALSO ALL ACCOUNTS
NOT TO DO WITH HARD CURRENCY

mailman17 says to (08:48:05):
WHICH A GOOD % IS VIRTUAL

Med says to (08:48:19):
NOW I DONT KNOW THAT THEY EVER SOLD OIL FUTURES YET NEO
THEY DID TALK ABOUT IT ABOUT 2 YRS AGO BACK WHEN THEY WERE GOING TO REVALUE BACK IN NOV 2009

AND USE IT TO BACK THE DINAR ALONG WITH GOLD
AND OTHER FOREIGN CURRENCY ASSETS HELD BY CBI

neo says to (08:49:31):
Have not seen any on the commodities market but much talk

mailman17 says to (08:49:50):
THEY STILL WILL, BUT LIKE THE AUDITS, THOSE OIL NUMBERS WERE NO WHERE WHERE THEY ARE NOW...

Med says to (08:49:51):
I AM SURE THAT THERE WILL BE MORE
I EDITED SOME OF THE ARTICLE
THAT ADDRESSED THE REMOVAL OF SANCTIONS

NOW ONE THING
IRAQ DOES NOT WANT TO PAY TWICE TO THESE COUNTRIES
I AM SURE MANY ARE HOLDING BILLIONS IN DINAR
THEY SURELY DONT WANT TO PAY THEM BILLIONS IN A REVALUE
AND ALSO PAY BILLIONS IN DEBTS

ALSO
SO I AM SURE THEY ARE SCRAMBLING TO FIGURE OUT HOW THEY CAN MAKE THIS LESS PAINFUL FOR IRAQ
AT LEAST ON THE DEBT PART

neo says to (08:52:59):
dollar-denominated debt securities are a big challenge

Med says to (08:53:15):
IRAQ CANNOT FORCE ANYTHING OUTSIDE IRAQ'S BORDERS
THEIR HANDS ARE TIED ON WHAT IS GOING TO HAPPEN WITH THE DINAR GLOBALLY

neo says to (08:54:51):
I agree that not just Iraq but in the region, sovereign debt crisis is on the edge of collapse

Med says to (08:54:51):
OK THAT IS KIND OF MY THOUGHTS
YES IT IS

mailman17 says to (08:55:03):
WHICH BRINGS US TO THE EURO-UNION WHO BARELY SCRAPED TOGETHER ENOUGH TO BAIL OUT GREECE...
FOOD FOR THOUGHT

Med says to (08:55:15):
YES IT IS
AND THE IMF

mailman17 says to (08:55:27):
BINGO

neo says to (08:55:28):
Yes mailman hanging by a thread!

Med says to (08:55:30):
USED UP ALLOT OF IT'S RESOURCES TO BAILOUT OUT THE EU
THEY HAD ABOUT A TRILLION

mailman17 says to (08:55:48):
SPIDER WEB THICKNESS...LOL

Med says to (08:55:57):
REMEMBER FROM THE 2010 MEETING DONATED BY THE G20 COUNTRIES
AND NOT MUCH IS LEFT

mailman17 says to (08:56:25):
NOPE
VERY LITTLE

Med says to (08:56:36):
THE DINAR WOULD BE A BOOST TO THE IMF

mailman17 says to (08:56:46):
AND WE SAID THAT A YEAR AGO...

Med says to (08:56:49):
AND THE PAYMENTS OWED THE IMF BY IRAQ
AND THEY CANNOT SKATE THE IMF OR WORLD BANK ONT THE LOANS

IRAQ HAS AN ESTIMATED

360 BILLION IN DEBTS TO THE INTERNATIONAL COMMUNITY, 120 BILLION ALONE TO THE GULF REGION AND 60 BILLION OF THAT IS TO KUWAIT AND SAUDI ARABIA,
AND THE GULF REGION HAS TOLD IRAQ NO FORGIVENESS
YOU ARE GOING TO PAY US

neo says to (08:58:23):
Agree Med they tapped that keg dry! Economic reintegration will be beneficial to many

Med says to (08:59:30):
SO THAT IS ALL THAT WAS ON MY MIND
THAT I WANTED TO DISCUSS AND TO ME
THE NEWS WAS JUST AMAZING
NOW AM I SAYING RV TOMORROW
NO
BUT THE PIECES ARE BEING PUT INTO THE RIGHT HOLES OR SQUARES
OR CIRCLES
AND AS IT UNFOLDS I SAY TO MYSELF I HAD NO CLUE BUT MAKE SENSE

mailman17 says to (09:00:53):
AWESOME NEWS...ONE THING TO PONDER
IF
IRAQ WASNT READY TO PULL THE TRIGGER THEY IN NO WAY WOULDNT HAVE RELEASED THE INFO ON THE SMALLS

Med says to (09:01:38):
NOPE
THEY WOULD NOT
AND THIS BS THAT IS BEING INTERJECTED

mailman17 says to (09:01:53):
THEY WOULDNT HAVE ISSUED THE COUNCIL UNANIMOUYSLY APPROVING IT

Med says to (09:01:59):
ALONG WITH NEW NEWS TO THROW THINGS OFF IS JUST THAT BS

mailman17 says to (09:02:06):
AND BEING SENT TO PARIMENT

Med says to (09:02:15):
THEY GIVE A NEW STATEMENT

mailman17 says to (09:02:21):
WE HAVE BEEN IN THIS TOO LONG TO BE SNOOKERED...LOL

Med says to (09:02:26):
THEN ADD IN THE SAME OLD SAME OLD

mailman17 says to (09:02:35):
CORRECT

neo says to (09:02:36):
It is simply a matter of when not if.

Med says to (09:02:42):
THAT HAS BEEN SAID BY SALEH SINCE FEBRUARY OF 2010
WE HAVE TO ORDER NEW DENOMS
THEN HE SAYS THEY HAVE THEM
THEN THE NEWS DOES A FILLER

mailman17 says to (09:03:01):
THE WHEN IS CLOSE..OTHERWISE WHY NOT DELAY IT GOING TO THE COUNCIL?
WHY NOT WAIT?

Med says to (09:03:16):
YES EXACTLY
IF THEY HAD NO INTENTIONS OF MOVING FORWARD
THEN IT WOULD NOT EVEN BE IMPORTANT TO HAVE IT SENT FORWARD

mailman17 says to (09:03:47):
AND WHY RELEASE THE TONS OF NEWS PERTAINING TO THE REMOVAL OF THE 3 ZEROES?

Med says to (09:04:00):
THEY HAD TO PUT IT OUT

mailman17 says to (09:04:03):
ESPECIALLY TO THEIR PEOPLE

mailman17 says to (09:04:09):
WHY?

Med says to (09:04:10):
IT WAS PART OF THE EDUCATION PROCESS FOR THE PEOPLE OF IRAQ
NOT FOR US

mailman17 says to (09:04:14):
BINGO
AND THAT WAS NEEDED PRIOR TO A RATE CHANGE

Med says to (09:04:28):
FIRST AND FORMOST
THEY HAVE TO MAKE SURE IT DOES NOT FAIL IN IRAQ
LIKE THE COINS DID

mailman17 says to (09:04:52):
IT WONT...CH-CHING

Med says to (09:05:02):
CBI HAS TO MAKE SURE THAT THE DINAR IS THE CURRENCY OF CHOICE
BY THE PEOPLE AND THE USD IS NOT
THE SANCTIONS BEING LIFTED WILL ALLOW FREE MARKET ECONOMY
TO MOVE FORWARD

IT WILL ALLOW FOR PRIVATE ENTREPENUERS TO START THEIR OWN BUSINESS'S BY BEING ABLE DO WHAT FREE MARKET MEANS
IT IS CALLED CAPITALISM
AND IRAQ NOW WILL HAVE THAT CHANCE

REMEMBER IN THE U.S.
HOLD ON BRB

Part 2

mailman17 says to (09:07:37):
PLEASE LISTEN TO ELEVATOR MUSIC WHILE WE WAIT...
WE ARE GOOD PEEPS....JUST HANG IN THERE
REMEMBER...IN ANY RV IN HISTORY...MISINFORMATION IS AT ITS HIGHEST AT THE END..
BUT IRAQ IS TELLING US EVERYTHING WE WNAT TO KNOW EXCEPT THE DAY AND RATE

Med says to (09:09:35):
OK BACK HAD TO KISS MY GRANDSON HE WAS IN THE CAR

mailman17 says to (09:09:47):
AWWW

Med says to (09:09:55):
ON WHAT I WAS ELUDING TOO
I AM NOT SURE WE ALL REALIZE THAT IN THE U.S. ,,SMALL BUSINESS IS RESPONSIBLE FOR OVER 50% OF THE EMPLOYMENT IN OUR COUNTRY
AND THIS IS WHY WE HAVE PREACHED THE PRIVATE SECTOR DEVELOPMENT
SO MUCH IN IRAQ,,,THE SAME CAN BE A HUGE HELP FOR PUTTING PEOPLE TO WORK

mailman17 says to (09:11:06):
ALSO CALLED INFRASTRUCTURE

Med says to (09:11:15):
AND RELIEVING THE PRESSURES OF UNEMPLOYMENT
YES
A GOVT CANNOT SUPPORT AN ENTIRE COUNTRY WITH JUST THE OIL REVENUES
THE SPEND WAY TOO MUCH ALREADY AND ALL THE PEOPLE ARE GETTING IS CRUMBS
OK THAT IS ALL I HAVE
ANY ?'S

papaw19 says to (09:12:42):
thnxs Med, mm, & all,,,,,much appreciated

Med says to (09:12:47):
YVW

mailman17 says to (09:12:53):
ME TOO...NAP TIME..:S

Newlife says to (09:12:59):
Great Info Thanks

mailman17 says to (09:13:01):
LATER MED

mailman17 says to (09:13:05):
LATER DDS

Med says to (09:13:06):
I HAVE TO FIX MY REAR BRAKE

mailman17 says to (09:13:07):
DS

Med says to (09:13:09):
LATER MM17

papaw19 says to (09:13:12):
bbl

Big says to (09:13:14):
I can't wait for OUR new Independence day! LOL Thanks, and welcome back!

Med says to (09:13:22):
TY

Med says to (09:13:27):
I AM ONLY HERE FOR TODAY

Newlife says to (09:13:32):
Got to go to work

Med says to (09:13:34):
I AM THEN BACK OUT FOR A COUPLE DAYS
BUT I AM ON TOP OF ALL THE NEWS


mailman17 says to (09:13:48):
BUT YOU CAN CATCH HIM 3 SHOWS A DAY AT THE RIO...LOL

Med says to (09:13:53):
LOL


mailman17 says to (09:14:07):
BARBARA STREISAND IMPERSONATOR



Med says to (09:14:12):
HA HA
HO HO


baileyboy says to (09:17:12):
Sorry to interup. But I didn't catch the whole chat. Med were you just going over the news from yesterday? so security is done and chapt.7 is done? Did I miss anything else?

Med says to (09:17:34):
I NEVER SAID SECURITY WAS DONE
AND I ONLY SAID THE SANCTIONS ARE REMOVED
I STILL THINK THEY ARE UNDER CHAPTER VII
THERE IS A DIFFERENCE

I HAVE NOT SEEN A VOTE ON THE ORIGINAL CHAPTER VII
WHICH IS NOT ABOUT SANCTIONS
THE SANCTIONS ARE ADDITIONAL TO THE ORIGINAL WORDING OF CHAPTER VII
CHAPTER VII IS ACTUALLY THAT IRAQ IS A THREAT
TO THE REGION

baileyboy says to (09:19:02):
Ok was confused on the internal secrity law that was approved

Med says to (09:19:11):
I HAVE NOT SEEN IT
ALL THE OTHER UNSC RESOLUTIONS ARE OR WERE ADDED
TO THE ORIGINAL VOTE ON CHAPTER VII
HOLD ON


Dinar Mark says to (09:21:01):
After all of this discussion, I am still a little confused. The possibilities of this happening soon or will it take the rest of the summer. Or is it all just a big guess???????????????

mailman17 says to (09:21:48):
TICK TOCK DM....IMO

Dinar Mark says to (09:23:18):
Ok MM17, tick tock we go

mailman17 says to (09:23:24):
READ THAT E-MAIL I JUST SENT YA BEFORE YA GO
JUST THINK WE ARE THAT CLOSE....IMO

baileyboy says to (09:26:51):
Med thank you for your input as always, need to go to work(})

Aunt Gwennie says to (09:27:32):
ok..this week maybe?

Med says to (09:27:37):
AG
NO

Aunt Gwennie says to (09:27:57):
sad

Med says to (09:27:58):
IT WOULD BE IMPOSSIBLE THE VOTE FOR PARLIAMENT HAS TO COME
AND PARLIAMENT IS OFF TILL THE 11TH

Aunt Gwennie says to (09:28:41):
waiting on parliament then(as always)

Med says to (09:28:46):
YES WE ARE BUT IT IS BETTER THAN THE HUNDREDS OF THINGS
WE HAVE WAITED FOR OVER THE LAST 6 YEARS

mailman17 says to (09:29:52):
NOT TO MENTION...PARLIMENT CAN ALWAYS HAVE AN EMERGENCY SESSION TAKE PLACE...THAT HAS HAPPENED IN THE PAST...

pillsbury says to (09:39:39):
I know that mm17 brought up about the payment to the imf on 11 july 2011 why would parliament be out until the 11th without this being addressed

Med says to (09:40:14):
WE JUST DISCUSSED THAT ON THE PHONE PB I SAID THE SAME THING
NO WE TALKED ABOUT IT IN PRIVATE ON THE PHONE NOT HERE

Dinar Mark says to (09:40:53):
Well Iraq has been late on everything else, they could be late on this payment too JMO

pillsbury says to (09:41:06):
ok well i just figured that is they drop dead date to me

Med says to (09:41:40):
PB
THERE IS NO SUCH THING WHEN DEALING WITH IRAQ
THEY HAD A DROP DEAD DATE BACK IN OCT 09 ON THE ELECTION LAW
AND JUST BLEW IT OFF

busman says to (09:42:39):
Med Gm, if iraq misses payment to imf, could it come out of US proyected funds?

Med says to (09:42:47):
NO

guardian says to (09:42:56):
the three zeros were approved by the cabinet on June 21st, but news only came out June 29th, maybe parliament approval news is delayed also

Med says to (09:42:56):
IT CANNOT

mailman17 says to (09:43:03):
THE 11TH IS JUST ANOTHER PIECE OF THE PUZZLE...THATS ALL...BUT AN IMPORTANT ONE...

Med says to (09:43:09):
IT COULD BE GUARDIAN

busman says to (09:43:12):
so they have no their option

Dinar Mark says to (09:43:13):
Well if the IMF is in the middle of an audit, they might cut Iraq some slack

Med says to (09:43:14):
YES THAT IS POSSIBLE ,,THIS COULD ALL BE DONE ALREADY
AND WE NOT HAVE ANY CLUE

pillsbury says to (09:43:59):
we know that the payment has to be paid in dinar to the imf right

mailman17 says to (09:44:00):
SOMETHING LIKE THIS...ONCE APPROVED WOULD BE ACTIVE THAT DAY...SO THAT TELLS ME THEY HAVE A DATE SET TO VOTE ON THIS

Med says to (09:44:01):
AND THAT SHABS HAS A DATE IN MIND
TO PUT THIS IN MOTION

mailman17 says to (09:44:29):
EXACTLY

Med says to (09:44:32):
ONE THING
AND I NEVER EXPECTED PARLIAMENT TO VOTE
AND THEN THAT DAY IT RV OR RAISE THE ZERO'S

busman says to (09:45:02):
MM17 i think special session is a very real thought

Med says to (09:45:22):
THERE WERE TIMES BUSMAN THAT THEY TRULY NEEDED ONE
AND THEY DID NOT MAKE A MOVE

mailman17 says to (09:45:41):
BUS..VERY WELL COULD BE...SOMTHING THIS BIG WILL NOT SHOW UP ON A DOCKET


busman says to (09:45:52):
agree
this is a BIGGee don't u think med

Med says to (09:46:33):
OH OF COURSE
BUT IT IS ALSO THE BIGGEST GAMBLE
THAT IRAQ HAS ENCOUNTERED

Dinar Mark says to (09:47:02):
Was it a bit of a surprise for Iraq on the sanctions being lifted???

Med says to (09:47:14):
IT WAS A TOTAL SURPRISE
I WAS IN AWE,,, ALSO I SEE THAT THE U.S. IS LIKELY TO STAY IN IRAQ FOR ANOTHER 5 YRS
THAT IS A HUGE HELP FOR US

Dinar Mark says to (09:47:52):
Well then they are truly scrambling don't ya think

Med says to (09:48:11):
YES
BUT WE DIDNT KNOW HOW MUCH TROUBLE SADR
WAS GOING TO MAKE ABOUT IT
AND WITH IRAQ NOTHING IS GUARANTEED

alk4316 says to (09:48:50):
you mean it wont make headlines the day before ???({)

Dinar Mark says to (09:48:59):
Well that should cure the security matter for Shabs????

Med says to (09:49:30):
I MEAN JUST LOOK AT WHAT HAS TRANSPIRED
WE LOOK AT IT AS IF WE HAVE JUST SAT AND ALL WAS IN NEUTRAL
BUT
IT WAS NOT
WE FIRST HAVE TWO MEETINGS IN DECEMBER WITH SHABS AND PARLIAMENT
THEY SEEMED HARMLESS ENOUGH

THEN WE FIND OUT THAT THE RAISING OF THE ZERO'S
WAS GOING TO BE SENT IN THE FORM OF A DRAFT TO THE COUNCIL AND PARLIAMENT

WE ALSO FIND OUT THAT THEY DO HAVE NEW DENOMS IN SUFFICIENT QUANITITIES TO START THE PROCESS

HUGE NEWS
AND A SURPRISE BECAUSE SINCE FEB OF 2010
SALEH HAS SAID THEY NEEDED TO BE PRINTED AND ORDERED

AND IT WAS PARLIAMENT WHO HAD TO APPROVE THEM
WE KNOW THAT THE IMF HAS STATED ONE CURRENCY

WE KNOW THE IMF SAID PART OF THE LOANS
THEY HAD TO RAISE THE ZERO'S FROM THE LOCAL CURRENCY
REMEMBER LOCAL THAT IS ALL THEY HAVE AUTHORITY ON

WE KNOW THEY WANT TO IMPROVE THEIR STATUS IN THE IMF
MOST LIKELY MOVE FROM ARTICLE XIV
TO ARTICLE VIII

WE KNOW NOW THAT THE IMF HAS REQUESTED AN ACCOUNTABILITY OF ALL ASSETS THAT ENTAIL DINAR

WE JUST FIND OUT THAT ALL SANCTIONS
HAVE BEEN REMOVED BY THE UNSC
AND IRAQ NOW IS REALLY FREE TO MOVE FORWARD
BUT
HAS TO PAY 5% STILL TO KUWAIT OR ELSE

WE KNOW THAT THE U.S. IS STILL PROTECTING IRAQS ASSETS
BUT ALL OTHER ASSETS ARE OPEN SEASON FOR DEBTORS
SO THAT IS WHAT HAS HAPPENED FROM DECEMBER TILL NOW

OH
WE ALSO KNOW THAT THE DRAFT WAS SENT FORWARD
AND THE COUNCIL APPROVED IT AND THAT ONLY ONE ISSUE SEEMS TO BE LEFT OR HAS NOT BEEN RELEASED TO THE PUBLIC

THE FINAL VOTE BY PARLIAMENT
SO THAT IS THE PAPER TRAIL OF FACTS
ON JUST THE LAST 7 MONTHS

getreill12 says to (09:56:56):
hey Med (}),what are the implications for missing the 11th payment date....monetary, sanctions??....is it a biggie or petty?

Med says to (09:57:06):
IT IS PETTY
THEY DID ALREADY
OTHERS

getreill12 says to (09:57:21):
thx

Med says to (09:57:23):
YW

Med says to (09:57:30):
I AM SURE THAT THE IMF HAS TALKED TO IRAQ AND THEY KNOW WHAT AND WHERE THEY STAND

Got-UR-back dino says to (09:58:14):
Hello all. Anyone know if Iraq banks are still closed for audit? Apologize if already answered.

Med says to (09:58:37):
DINO
NOT SURE

alk4316 says to (09:58:43):
med can you explain for many that chapter 7 and article 8 the difference

Med says to (09:58:44):
UMMM

Dinar Mark says to (09:58:49):
Will that vote in parliament be a public release or done in closed session???????????????

Med says to (09:59:02):
WELL DM
DID WE KNOW ABOUT THE COUNCIL
AND USUALLY ALL COUNCIL VOTES ARE PUBLIC RIGHT AWAY
OK
ON CHAPTER VIII
CHAPTER VII THAT IS A UNSC ISSUE
ARTICLE VIII IS AN IMF ISSUE
CHAPTER VII WAS THE ORIGINAL VOTE
THAT PUT IRAQ AS A THREAT TO PEACE IN THE GULF REGION AND ALLOWED INTERVENTION BY COALITION FORCES
ALL THE UNSC RESOLUTIONS THEN
THAT WERE PASSED ARE THEN SUBSEQUENTLY PUT UNDER THAT ORIGINAL VOTE OF CHAPTER VII

NOW ARTICLE VIII
IS MOVING IRAQ FROM ARTICLE XIV
WHICH ARTICLE XIV IS A RESTRICTED MEMBERSHIP
WHERE ALL THINGS ARE CONTROLLED BY THE IMF

MOVING TO ARTICLE VIII WILL OPEN UP THE DOORS TO TRADE AND REMOVE THE LIMITATIONS ON THE CURRENCY THAT HAS PLAGUED THE DINAR
UNDER ARTICLE XIV
THEY FALL UNDER A CRAWLING PEG AGAINST THE USD
AND RIGHT NOW THE PEG IS IN NEUTRAL

BUT UNDER VIII
THOSE ARE NO LONGER IN PLACE
THEY CAN MOVE TO A BASKET OF CURRENCIES OR A PURE FLOAT
OR A DIRTY FLOAT
OK

ALL DONE
NOW I AM ONLY EXPLAINING THE FACTS AS WE KNOW THEM

cks says to (10:04:57):
I know if I was a member of parliment I'd vote as fast as I could to give myself a big bonus Thanks A Bunch Med!!!

Med says to (10:36:01):
OK GANG
LATER