I hope that you all had a great Labor Day Weekend with your family like myself and Mrs. IQD did.
To kick off September I was really impressed by the News Article from Dr. Shabibi (the former CBI Governor) and the keen analysis supplied by our friend and Newshound ~ Red Lily ~
I’m supplying to you part of the full article – and the link for you to finish it on her website – to insure that she gets the full credit she deserves! Here we go:
Economic performance in the development of Iraq did not materialize and the time lost a lot from him
Mohammad Reza Sinan Shabibi
In the economy we face an economic problem at the individual level and at the community level. The problem is that these multiple needs, and resources for these needs is limited. Because resources are limited, we must choose needs that must be saturation.
For those out there invested in the dinar, the very first sentence from this extinguished gentleman should send up a red flag. Especially to those who are falling for all the so-called Dinar Oracles saying Iraq’s currency is fixing to revalue exponentially any time soon. Please please please, if you are down and out and confused, do yourself a favor and educate yourself so you do not fall for what these Oracles are saying. Shabibi just said in the first sentence Iraq is facing an “economic problem”. Look for yourself and you find a country’s currency value is based on the country’s economy. Don’t be lazy if you feel let down because it is not happening the way this D.O.’s say it is. Step up and learn. A good place to start would be rightHERE ~ RED LILY ~
Iraq must satisfy the needs of social and economic but many resources, whether financial or human negatively affected by war and the siege and the loss of opportunities for growth .oadh that Iraq has become a facing problem to choose among the needs which are in fact represent economic objectives in different sectors at home and abroad.
Realize this is just my own opinion of what Dr. Shabibi is saying here. Iraq must satisfy the needs of social and economic with many resources. The International Monetary Fund (IMF), met with Abdul Turki, CBI Govorner, this past spring. During this meeting they discussed what still needs to be accomplished in Iraq Banking, investments, securities and economy. One of the MAIN subjects was that Iraq needs to “Diversify” their notational product away from oil. This means Iraq must also concentrate on industry type jobs as well as agriculture, mines and manufacturing. The IMF looks at a country’s unemployment rate, political stability and economic stability of a country and tells them what areas need improvement in order to comply with IMF standards. Iraq was told they still need better banking and investment reform laws and they have yet to fulfill this obligation. Stay on the look out for these types of laws to pass. To support what I am saying here, read THIS. ~ RED LILY ~
The circumstances of evolution and the big problems worked to narrow the choices I greet you find it difficult to identify these choices, and that should satisfy the needs of the shortest time possible because of missed opportunities on the individual and the Iraqi society. This means that the time is considered an important economic variable, and therefore is reduced to a primary goal.
The above statement from Dr. Shabibi is basically stating there is so much that needs to accomplished in a… [Finish Reading]
Was that an excellent article or what? Kudos to Ms. ~ Red Lily ~ and thanks to her for sharing it with me. I hope it cheered you up and gave you peace of mind, like it did for me!
And Please remember whenever you hear a suspect story by any of the Hack Gurus, just check the facts at the official website for the Central Bank of Iraq by going to their only and OFFICIAL Website: www.CBI.iq
Why am I so ‘happy’ you ask with a bit of snarl in your voice?
Well friends, because we are another day closer to the removal of Maliki and the turning around of Iraq’s Political System and Economy which should then in-turn lead us to our desired “end GOOOOOOOOAAAALLL!!!!!!” (FIFA World Cup Fans applauding) of the significant increase in value of the IQD.
In today’s mailbag I got a fairly sarcastic comment / question which I’m sharing with you, then giving you my reply to that person.
Here is the original email from that person (name & email removed):
What do you think now about the Iraqi Dinar?
with all the crisis going on in Iraq
Might in up cant even sell it back be $3,000 up a wild cats ass
Feeling kind a low… spirits lifted would be great if all possible
if not I understand
Here is my reply to that person:
I am still optimistic – I own only what I can afford to lose.
The Iraqi Federal Courts have to certify the Iraqi Election results after investigating all the formally filed complaints – which were thousands.
There was a news article today which said they expect to release the certification within the next 3 days [Article Link] — And, yes lots of people in Iraq wish they did it before June 15th which is when the new Gov was to start) so they are in Continue reading →
I have been getting a ton of letters in my Mail Bag lately about these new so-called “Cash Out Groups” that many Hack Gurus and other Con Artists are pumping!!! Did you recently also receive a similar offer like “Andy” did?
Here is an email I received yesterday from a person called “Andy” he/she wrote:
Dear Mr. IQD,
I have been contacted to form a group and “cash out”. The other guy’s words, not mine. He said they are getting a group together with everybody’s bank account numbers and one person goes to the bank (or a bank) to “cash out”. He said that it is being funded by Continue reading →
Since we have to pretty much sit and wait for the new Government of Iraq to be seated after the old “Maliki” GOI’s term ends June 14th – we have nothing much better to do than keep our eyes on our favorite Hack Gurus!
Our buddy Snoopy has come out of his dog house once again, and delivered another Hack Guru Rant! that is a joy to read!
I remember it being said several years ago, maybe even by Okie himself, that he was a retired officer in the U.S. Military. If that is true, or even if he had just been an enlisted soldier who was trained to obey orders, then he would or should know just how important it is to report the FACTS and only the FACTS, NO RUMORS OR HEARSAY. FALSE INTEL ABORTS MISSIONS AND GETS SOLDIERS KILLED!!! (May God bless our Soldiers for their sacrifices! Thank you for your service.)
Yet, over the years, Okie’s constant rhetoric regarding the imminent release of the RV and the roller coaster ride of the rate has brought the Dinar community TIME AND TIME AGAIN to the edge of their seats with unspeakable joy then Continue reading →
Today, LJ posted his comments and analysis of the newest News Articles put out today, which adds to his analysis from their call last night. Here is his update, which is VITAL for you to read and share with other Dinarians in our community.
[12:43:01 PM | LJ’s NEXT Step: *********
Reportedly Maliki/ state of law party has harvested roughly 1 million votes in the Iraq 2014 elections. Why is this relevant? Well, most don’t understand the complexity that goes into seat distribution in a 328 member parliamentary body. It is not business as usual as the Sainte-Laguë system changes the game. It has been mentioned time and again that not one party in Iraq’s recent parliamentary elections have been able to achieve more than 80 seats; making it virtually impossible for Maliki to return as prime minster for reasons i explained on the call last night. Also it is vital to utilize a little math to best approach the insignificance of Maliki’s often mentioned one million votes.
Fact: 20 million represents the number of registered voters in Iraq of 34 million souls.
Fact: 60%, of the above number represents 12 million eligible voters who participated on April 30, 2014.
Fact: the seats obtained by parties will be instrumental in determining by majority who will prove, by consensus, to be selected and accepted as the next prime minister of Iraq.
Factually about 11 million votes in Iraq were not cast for Maliki, that’s the lion’s share of votes, which represents Continue reading →
With all the excitement about Tony TNT going to court, we let is slip past us the #1 Hack Guru Brad Huebner and his BH Group who were indicted last year and originally accused of stealing over $38 MILLION U.S. Dollars from Dinarians with a “hedge fund” scheme!
HaHaHa, Finally BH Group go to Trial for their alleged crimes against the Dinar Community! Look out Tony TNT, you’ll be next!!!!
Here is an excerpt about Brad’s trail from the BLADE!
Trial opens in alleged currency fraud scheme
3 accused of $23M scam in Iraqi dinars
BY JENNIFER FEEHAN
BLADE STAFF WRITER
Share57 Tweet82 1 Reddit0 2 Email5
Emmenecker, Huebner, Teadt. Emmenecker, Huebner, Teadt.
Crooks or businessmen? That’s what a jury will have to decide in the next few weeks as the trial of three area men charged in a $23 million fraud scheme unfolds in U.S. District Court.
The trio is accused of selling Iraqi currency, the dinar, and placements in two nonexistent hedge funds using false statements to lure investors. Charged in the alleged conspiracy are Bradford L. Huebner, 66, of Ottawa Hills; Charles N. Emmenecker, 66, of Sylvania, and Michael L. Teadt, 67, of Maumee.
I was not sure if “Z” wanted their full handle released, so I’m being cautious and leaving out his/her name. Below are “Z’s” two questions I received. I have interjected my comments inline with “Zs” comments and questions below:
Anonymous Name / Handle: z*******8 Email Address (only give if you want a reply): Comment: Ok you all have a Gr8 website, but thats not why I’m writing. I have been invested in the Dinar since 2009 and have been following the news very closely to make sure i haven’t invested in toilet paper.
[I noticed you said you “…have been following the news…” which is great, however if you have been following the REAL News from Iraq, then you should not be in doubt about what needs to happen, with regards to the CBI and the “RV” of the IQD. You should not be asking your following Continue reading →