News! The 2015 Budget Passed!!!!

This news is from The IQD Team – thanks friends!

Link: http://www.theiqdteamconnection.com/iraq-news/jubouri-hails-passage-of-the-budget-and-confirms-iraq-has-not-seen-since-2003-the-law-was-passed-during-the-month

Hey – I’ve got an idea….
Let’s all drop everything we are doing and go join the Iraqis who are “Dancing in the Streets”…. LOL!!!!

Seriously – here is the news:

Jubouri hails passage of the budget and confirms: Iraq has not seen since 2003, the law was passed during the month
1/29/2015 0 Comments

The head of the House of Representatives Saleem al-Jubouri, on Thursday, that Iraq has not seen since 2003 to pass the federal budget bill within one month, praising the efforts of the Board to adopt the current year budget. Jubouri said during the ninth meeting of the Council in the second legislative session devoted to the adoption of the budget, which was held this evening, and followed up with “Alsumaria News”, “Iraq has not seen since 2003, passed the federal budget for the current year law within one month.”
He praised al-Jubouri, the “efforts of the members of Parliament to pass that led to the current year’s budget.” The House voted during its meeting held on Thursday evening (January 29, 2015), the draft federal budget for the current year worth in excess of Al119 trillion dinars and a deficit of about 25 trillion, while the voice to determine the price of a barrel of oil in the general budget for 2015 on the basis of 56 dollars. http://tinyurl.com/p584w39

Have a GREAT Thursday!

~Mr. IQD

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News! Budget Passing “Paragraph by Paragraph”

Happy Thursday Dinarians!

I called Deb at The IQD Team this morning in my way in to work.

The Budget is being Voted on and Passed – Paragraph by Paragraph – we know they are up to Article 26 out of 41 Total.

The Article 15 for the Kurds to get their 17% share of the oil revenue has been approved –

That was a MAJOR Sticking point that Maliki and his cronies had been fighting!!!

As I get more relevant news on this Budget passing – I’ll share it here as soon as possible!

REMINDER – The passing of the Budget is just another step forward for Iraq – yet while being VERY SIGNIFICANT – it is NOT the RV as the hack Gurus like Tony TNT and Okie will be trying to sell you!

TTYL,
~ Mr. IQD

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RANT! “I’m not signing an NDA because….”

Happy Monday Dinarians,

I feel like a “broken record” repeting myself over and over – but it does seem every few months some filthy Hack Guru gets newbies all whipped up on their garbage and therefore I feel that I need to make a new post to grab the attention of these newbies to our Dinar Community!

Rant!

Well, before I was able to throw together another post about this BULL-S#!T regarding signing “NDAs” one of my Skype Room Members posted a RANT! today that I felt was so good and to the point, I asked Steven for his permission to repost it here today for everyone’s reading and enjoyment!

1.I am not signing an NDA because I have no interest in keeping my mouth shut.
2.I’m not, and you are not going to get a better rate by signing an NDA if it means we can’t discuss certain things. What does keeping your mouth shut have to do with a better rate? Nothing.
3.The whole thing with group exchanges like General 64 is a lie and to me, a huge joke. They will never see their currency again. I have spoken to several group members who CANNOT get their currency back. They signed an NDA, and one of the stipulations was that they hand their currency over. That in, and of itself, is enough to make me want to run from any NDA.
4.I don’t believe that it is safe to give out your personal information to someone you don’t know, yes, that includes me, so don’t send me receipts of your currency purchases. Many people did this last time and I had a lot of emails to send out asking them why there were being ignorant.
5.If people could get a better rate now, then why don’t they just go out, buy the currency cheap, and exchange it themselves? The answer is because there is no higher rate!
6.If you haven’t figured it out, most of the gurus have a vested interest in selling dinar because they get paid to sell it. 

Do you have a RANT! which is BOILING inside of you?  Let me post it so that you can get it read by thousands of your fellow Dinarians!  Go to my Mail Bag and send it now!

~ Mr. IQD

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NEWS! A really huge… HUGE STEP in the Correct Direction in my opinion!!!

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Happy Monday Dinarians,

Personally I’m really coming unglued with excitement today – this NEWS is a really huge, HUGE STEP in the correct direction in my opinion!!!

If we see Dr. Shabibi back in control of the CBI, then the 2015 Budget is passed which means basically we got Article 140 / Erbil agreement included with the 2015 Budget, friends, we have in my opinion taken 2 very HUGE steps to finally seeing a significant increase in the value of the IQD.  

It won’t happen over night, but it certainly encourages me to believe that it will happen sometime in 2015, and for me, I can be patient, especially for that kind of return!

Just to summarize the Articles below – the first article is about the new Prime Minister Abadi saying that he wants Dr. Shabibi to take over the CBI when the corruption charges (levied by Maliki’s corrupt regime) are dropped – DONE!  

The following articles talk about those corruption charges BEING DROPPED and Dr. Shabibi being RELEASED – AND DONE!!!  

~ Mr. IQD

REAL NEWS (NOT HACK GURU BS!):

6893173_orig[1]A source in the prime minister: Shabibi will return to his central bank governor

22/12/2014

BAGHDAD / JD / .. An official in the Prime Minister’s source, the intention of the prime minister Haider al-Abadi return of former central bank governor Sinan al-Shabibi to office after the issuance of the court acquitted.

The source, who preferred not to be named, told / BD /: “The day Monday, 22.12.2014 date the trial of former Central Bank Governor Sinan al-Shabibi for the acquittal of the charges against him by the previous government under the pretext of wasting public money.”

He added: “The prime minister Haider al-Abadi waved the return of the conservative story office Kmhafeza the central bank in the event of an acquittal from the court, the fact is Shabibi figure of great economic mentality.”

She had announced the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi, describing him out of office, “targeted personally” for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed, where the investigation has shown that he does not court entered the central bank and former boss Shabibi process waste money mentioned by the investigative committee formed by the House of Representatives, not even the BSA “Report ./ ended / 8 /

http://www.dananernews.com/News_Details.php?ID=5406

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Bayraktar: Release Shabibi and Mohammed Allawi, for lack of evidence

12/22/2014 11:23 GMT

Follow-up – and babysit – The spokesman of the Supreme Judicial Council spokesman Abdul Sattar Bayraktar, Monday, releasing Shabibi and Mohammed Allawi, for lack of evidence. 

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F&sandbox=1

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The release of the former central bank governor Sinan al-Shabibi and former Minister of Communications Mohammed Allawi

22/12/2014 14:17   |   Author: ka Editor: br Reporter:

Tomorrow Press / Baghdad: Iraqi judiciary decided, on Monday, the release of the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him as well as the former Minister of Communications Mohammed Allawi.

He said the name of the judiciary spokesman Abdul Sattar Bayraktar in a statement received by “tomorrow Press”, “The Rusafa Criminal Court decided to release the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him for lack of evidence.”

He added that “the same court decided to release the former Minister of Communications Mohammed Allawi of the charges against him for lack of evidence.”

The warrants issued earlier against former Central Bank Governor Sinan al-Shabibi and former Minister of Communications Mohammed Allawi on charges of financial corruption.

It is noteworthy that the Iraqi judiciary issued in (4 September 2014), was sentenced to seven years imprisonment against former Central Bank Governor Sinan al-Shabibi based on the charges against him during his administration of the Central Bank.

It is noteworthy that Communications Minister Mohammed Tawfiq Allawi, has submitted his resignation of former Prime Minister Nuri al-Maliki on the background and suspicion in Mali corrupted files affected his ministry and the attempts by some telecommunications companies pass shady deals in Iraq, which was denied by the Minister of Communications, asking not pushing his ministry in the political differences and intersections. 

http://alghadpress.com/ar/news/24503/%D8%A7%D9%84%D8%A5%D9%81%D8%B1%D8%A7%D8%AC-%D8%B9%D9%86-%D9%85%D8%AD%D8%A7%D9%81%D8%B8-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B3%D8%A7

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The trial of former Central Bank Governor in the Rusafa Criminal Court

Ali Mohsen Radi   |   December 22, 2014 1: 41 pm

Sources said the Supreme Judicial Council, Monday “The Rusafa Criminal Court began the trial of former Central Bank Governor Sinan Al-Shabibi balhiah second specialized issues of integrity in the Rusafa Criminal Court on charges of corruption.”

My source was the early detection (26/11/2014) that both the former Central Bank Governor, and former Communications Minister, appeared before the Court upon their return to Baghdad, following promises that they will receive a fair trial, noting that the judge released on bail.

The parliamentary legal Committee confirmed, on (29 November 2014), a guide for the retrial of a number of politicians and officials who had been subjected to prosecution previously, while I returned that fall within the broad process of “judicial reform”, revealed the changes included more than 90 officials in the judiciary.

It is expected that the Tribunal acquitted Shabibi because the charges against him were malicious and untrue posts his former Prime Minister, Nouri al-Maliki who wanted to simplify his hands on Central Bank and used safe from the currency and making it an easy tool for him but this was rejected by Sinan Al-Shabibi, Maliki had issued an arrest warrant for him under the pretext of the existence of financial and administrative corruption files committed by Al-Shabibi

He justified the former Central Bank Governor Sinan Al-Shabibi, at (10 November 2012), in the absence of the World Bank and the international organizations to comment on the dismissal, the lack of interest of the characters that manage central banks as far as dealing with monetary policy, and would likely be watching the Central Bank’s policy stance of monetary changes by the new management of the Bank.

The Supreme Judicial Council announced in (19 October 2012), the issuance of an arrest warrant against the Governor of the Central Bank and a number of officials in corruption cases after he was quoted in the local media (14 October 2012), regulatory sources that has issued an arrest warrant against Al-Shabibi on corruption charges, saying he fled out of the country after the issuance of the memorandum, the Bank denied those reports, saying the Governor is currently involved in an annual Conference in Tokyo and return to Baghdad.

The Iraqi Cabinet decided, in (16 October 2012), head of the Office of financial supervision Abdel Basset Turki as the Governor of the Central Bank said.

The integrity Commission described in the parliamentary (10 November 2012), the Special Committee to investigate corruption cases attributed to the Central Bank of Iraq is “illegal” and stressed that the new Committee will be formed to investigate this file, called for a freeze on the decision to arrest the right Bank Governor Sinan Al-Shabibi

http://burathanews.com/news/255362.html

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ARE YOU GETTING EXCITED YET???

Remember the most important thing is NOT to “buy into” the Hack Guru cons and bull-S that they will be throwing at you!

~ Mr IQD

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I love this CBI Article – You will too!!!

Happy Thursday Dinarians & Happy December!

Well, yes, happy December – can you believe despite the THOUSANDS of calls by Hack Guru for the RV, yet here we are now in December 2014 with no “RV”.

Listen, I wanted to publish this article from my private Skype Room, because I want you all to see this which was originally published by the IQD TEAM Connection.

But, before I have you read that article, I’m giving you my OPINION AND ANALYSIS of the article, but in short – I feel very happy about what I read in the article!  Here we go…

Well, today I saw posted in the News Room the following Article which is a tad bit long (like one of your RANTS! you used to do…) but I believe worth reading!
 
In short, it looks like Abadi is looking for a new Governor of the CBI.  According to the way I read the article, it looks like Dr. Turki was really incompetent and did a bunch of corrupt mismanagement mostly for Maliki’s benefit (no surprise there)!
 
Then, we saw that Keywords was put in to replace Continue reading

Iraqi currency scheme turns into lengthy prison terms!

Happy Monday Dinarians,

Usually Mondays are “blah” for me, going in to work, after a nice weekend, etc.  I’m sure you can relate.  

Well, today I’m scanning my Skype chat room and one of my members picked up the article on Saturday through our friends over at the Toledo Blade the following AWESOME NEWS about the Brad Huebner and the BH Group!  Check it out…

Brad Huebner with his Attorney Rck Kerger  | Photo: Toledo Blade

Brad Huebner with his Attorney Rck Kerger | Photo: Toledo Blade

Describing him as “a scammer who got scammed himself,” a federal judge sentenced an Ottawa Hills businessman Thursday to 87 months in prison for defrauding investors who bought Iraqi currency and placements in two nonexistent hedge funds.

Bradford Huebner, 67, was convicted by a jury May 22 of conspiracy to commit wire fraud, wire fraud, mail fraud, 30 counts of structuring transactions to evade reporting requirements, and nine counts of money laundering.

Co-defendant Charles Emmenecker, 67, of Sylvania who was convicted at the same trial of conspiracy to commit wire fraud and wire fraud, was sentenced Thursday to 33 months in prison.

At the objection of Assistant U.S. Attorney Gene Crawford, U.S. District Judge Jack Zouhary allowed both men to remain free on bond and ordered them to report to begin serving their prison sentences after Dec. 10.

Huebner, Emmenecker, and co-defendant Rudolph Coenen, 49, of Jacksonville, also will be ordered to… (FINISH READING ON TOLEDO BLADE)

So, again, I’ve been banging on the WARNING DRUMS about Brad Huebner and his cronies with his BH Group since April 2012 when I first founded this website.  

I’ve had a barrage of “haters” that just “loved” Brad and how “kind” he was and how I was such an “evil hateful person” saying that Brad was a liar and con artist.

who lost their money and IQD because they chose to call me a scum bag

Even with the earlier articles I posted about Brad getting indicted – I was still considered to be the “scum bag” – who is RIGHT today?  And who lost their money and IQD because they chose to call me a scum bag, and trust that sweet talking con artist Brad Huebner?  To you all I can say now is that I am sorry for you friend, I just wish you had listened.  

Are you ready to listen to me now about the current scum bags and con artists like Draino… err, I mean Blaino, Tony TNT, Okie, and others?  Are you?  Or is it that I still don’t know what in the heck I’m talking about?  

Nuff Said… (borrowed from Okie)

~ Mr. IQD

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Dr. Shabibi – Video – Q&A RV & Redenomination – US Chamber of Commerce – April 19, 2011

Happy Tuesday Dinarians,

6893173_orig[1]For many of you “long-termers” you will have already seen this video of Dr. Shabibi, the Governor of the CBI at that time (April 19, 2011) answering Revaluation and Redenomination Questions at the US Chamber of Conference in Washington DC.

For those of you “newbies” who have been getting nothing but garbage and lies from the Hack Gurus, why not take about 9 minutes to watch this video?  The audio is a bit low, so be sure to turn up your speakers, or read the transcript below.

Please note, the following transcript is from YouTUBE User “Coqui TV”:

Original Footage by: Frothbucket. Video edited by coquidinares.
Date: Abril 19,2011
Location: US Chamber of Commerce Washington, DC

Dr. Shabibi answers a revaluation and redenomination question made by two attendees.

Transcript:

Question: Revaluation
With respect to the ongoing and need of stability in Iraq
and its exchange rate, we did not follow that there is a direct need for a potential revaluation of the currency to its due for domestic and foreign investment in Iraq, and in regard to that, how far you believe we are from a potential revaluation of the Iraqi currency.

Shabibi answer:

Well thank you very much for this question and the … ahmmm ……. even if I know the answer I cannot tell you .. (laughter) the thing is … you cannot have an economist saying without….the answer depends, so the question here is if revaluation is really going to depend on what extent we are going to continue controlling the inflation.. as you know, if you go to the Central Bank website … the first job is maintaining price stability .

So there is a little bit of inflation in Iraq … it use to be 2%… 3% … now is about 5% .

But we are watching that very carefully … If this inflation
continues we will have to revisit the question of exchange rate because revaluation depends on inflation … of course .. the other factors that determine the movement in currencies are a lot … sometimes we look at trade, exports and imports, all the obligations, the balance of payments and all this things …definitely no doubt you look at those … but those are problems related to the development part of the economy.

The question of maintaining a price stability is really something …you see the inflation and all this things….. cause nobody else in the economy is concern with inflation …. the government puts its budget… the government is the spender and the Central Bank its saver…. It’s not very important for them to concentrate on inflation …. so actually the question here is we are going to track and follow the development in inflation first and of course other factors which I mentioned. Second then will determine our exchange rate movement.

Thank you Governor. This may be the same question, so I can understand if you can’t answer. My name is Bob Kelly, I am an Investor in Iraq, the Summit Hotel in the International Zone with the OPEC financing.

Question: Redenomination

I’ve heard a report in the last couple of days That Iraq is about to cut three zeros off the currency …they call that re-denomination that may be the same question (revaluation) that you just received but I wonder if you had any information about that.

Shabibi answer

Well, I mean …. I don’t know whether if it is the same question (revaluation), I think this cutting of three zeros… shouldn’t be exaggerated … actually that is the problem…the question is … just ” re-denomination” …. and …. people writing a lot of articles in the news papers… criticizing the Central Bank…., that is going to …. the value the Iraqi dinar… that is going to depreciate … all kinds of talks. This is a question, just actually, to facilitated payment… ease of counting and all this things…. and of course when you see a lot of figures, you see trillions and huge figures…. if you want to be precise and you see twelve figures or fifteen figures or digits … So I think we have a plan on that.

If you remember … why …. there was not a government decree to add this zeros. It happened because of the course of development of the economy at the beginning of the eighties…. Inflation was very high … Inflation was rampant and therefore … I mean small denoms start not to be use … so government started to add the three zeros at the time…. and of course conditions are different now .

Inflation is under control, exchange rate is manage by the Central Bank…. all these things when you have the zeros you could not manage … not because of fault of the government or the Central Bank (only) … which I think there was but because there were a lot of exogenous (external) factors.

I’m not saying that we are champions now I mean … there were a lot external factors which affected and a lot of people did not know what to do, so they started to add three zeros and all this things.

So now the situation is completely different from that time, you had a high inflation, you have now a low inflation, you had actually something which is a stable macroeconomics situation . At that time the situation was not stable . So the only way to combat all of this things at the time was to increase the denomination and put three zeros.

Continue reading transcript here:
http://coquidinares.forumotion.com/t8504-dr-shabibi-answering-revaluation-and-redenomination-questions#35233

Let me know what you think about this?  Did you appreciate me digging up the truth and the past?  I’d be interested to know if this post has helped you.

Have a GREAT week, 

~ Mr. IQD

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