MED'S CHAT damage control 11/20/11

by **ADMIN** Sun Nov 20, 2011 2:30 pm

Med says to (10:57:51):
OK
IS ANYBODY ON
CUZ THIS IS IMPORTANT
Sawdust says to (10:58:06):
Hi Med

Med says to (10:58:08):
SO WAKE UP

ksdunlap says to (10:58:14):
Hello Med

Med says to (10:58:14):
IF YOU ARE ASLEEP
I HAVE TO DO DAMAGE FRIGGN CONTROL AGAIN
pballone says to (10:58:24):
we are here med

Med says to (10:58:42):
CANNOT CATCH A BREAK ON A SUNDAY

Med says to (10:58:54):
I AM P*SSED

pballone says to (10:58:58):
what happened

Med says to (10:59:05):
YOU WILL SEE
WHEN I START
EVERYONE BE PREPARED TO PARTICIPATE

ladyinwaiting says to (10:59:26):
Hi Med

Med says to (10:59:30):
SO I CAN GET THIS DONE

Med says to (11:00:14):
Risalat Najib draft deleted three zeros from the currency does not strengthen the Iraqi dinar against foreign currencies,
saying he was a mere formality for the restructuring of the currency.

OK THIS IS #1

OF THE NEWEST ANTI RV ARTICLE BY THE SAME D. BAG
AGAIN I WISH THIS STUFF WOULD BE DISCUSSED FIRST
WITH ME AND OTHERS
BEFORE POSTED
BUT IT IS THERE SO NOW I HAVE TO MAKE MINCE MEAT OUT OF IT
OF COURSE IF YOU TAKE WHAT THIS IDIOT IS SAYING
AND YOU ARE JUST DELETING ZERO'S
FROM THE 25K NOTES
AND THEN MAKING THEM 25 DINAR NOTES
IT DOESNT DO ANYTHING
BUT
THAT IS NOT WHAT WAS EVER SAID
IT WAS STATED BY SHABIBI
THAT THE EXCHANGE RATE IS BEING CHANGED FIRST
THE RAISING OF THE ZERO'S
OR THE DELETION OF ZERO'S FROM THE NOMINAL VALUE
OF THE RATE OF EXCHANGE
WHICH IS .00086
NOW IF THE EXCHANGE RATE WAS NOT GOING TO BE INCREASED
THEN WHY
WOULD SHABIBI BE ASKED IF HE WOULD CONSIDER A LOWER RATE OF EXCHANGE TO COME OUT AT
THAN THE ONE HE DECIDED ON?
CAN ANYONE ANSWER ME THAT
AND SHABIBI BEING A LIFE LONG ECONOMIST
WITH THE UN
IMF
AND NOW WITH THE CBI
THINK THAT WHEN HE SAYS IT WILL INCREASE PURCHASING POWER
AS IS FACT IN OUR FORUM
WOULD YOU NOT THINK HE HAD AN UNDERSTANDING OF WHAT IT WAS GOING TO DO
YES OR NO

Med says to (11:06:45):
AND HERE IS ANOTHER ISSUE
NOONE EVER STATED

Med says to (11:07:00):
THAT ALL THE DENOMS
WERE GOING TO PARALLEL THE CURRENT ONES
DID THEY
IN FACT
THEY CANNOT
THEY MAY HAVE A 1 DINAR
5 DINAR
10 DINAR
BUT NEXT IMPLIED WAS THE 20 DINAR
NOT A 25 DINAR NOTE
AND THEY ALSO WILL HAVE FILS
SO HOW WOULD THOSE FILLS
PARALLEL ANYTHING IN CURRENT CIRCULATION
THEY CANT
CUZ THEY WOULD HAVE TO BE VALUED
BY A NEW EXCHANGE RATE
AND BOTH CURRENCIES ARE GOING TO BE OUT
AT THE SAME TIME
AND IF THE LARGE DENOMS
WERE TO STILL EQUAL .00086
WHY WOULD THERE BE ANY REASON TO REMOVE THEM
THERE WOULDNT
AND IF THEY WERE TO L O P
IT WOULD NOT GIVE ANY COUNTRY
ANY CONFIDENCE IN THE IRAQI CURRENCY
AFTER THEY STATED HOW STRONG IT WAS
AND THAT THEY HAVE THE HIGHEST CURRENCY RESERVES RIGHT NOW IN IRAQS HISTORY
AND
IF THE RATE THAT SADAAM PUT ON THE IQD
WITH NO RESERVES
WAS ACCEPTED INTERNATIONALLY
THEN HOW WOULD THEY EXPLAIN THEY HAD TO DEVALUE A STRONG WELL PROTECTED CURRENCY

ON TO #2

draft delete zeros of Iraqi currency will make it easier for banks, banks, merchants and owners of large amounts of process transfer I finance them from one place to another

NOW THIS IS CORRECT
BUT NOT
IF YOU TAKE INTO CONSIDERATION #1
IF YOU HAVE REMOVED THE LARGE DENOMS
RIGHT
AND YOU ARE ONLY MAKING SMALL ONES
WITH NO MORE VALUE
THAN THE OLD
THEN YOU HAVE NOT REDUCED THE AMOUNT OF LIQUIDITY
THAT IT WOULD TAKE TO MAKE A TRANSACTION
WOULD IT?

Med says to (11:13:15):
ANYONE

Med says to (11:13:41):
SO THE ONLY WAY

Med says to (11:13:49):
TO REDUCE THE AMOUNT OF CURRENCY NEEDED
Med says to (11:13:58):
TO DO A TRANSACTION
Med says to (11:14:07):
WOULD BE TO HAVE A CURRENCY THAT WAS OF A HIGHER VALUE
Med says to (11:14:09):
IS IT NOT
surfsidedan says to (11:14:15):
yes

Med says to (11:14:33):
SO IF HE IS RIGHT ON #1
THEN HE IS WRONG ON #2

NOW TO #3

this project provided as proposed by the Central Bank of Iraq had not informed the Iraqi Parliament fully detail both event only meeting
between the Department of the Central Bank and the parliamentary Finance Committee and stressed that they intend to implement this project.

OK NOW THIS IS A TOTAL LIE
FIRST OFF
THIS WAS NOT EVEN CBI'S IDEA
AM I CORRECT

guardian says to (11:16:13):
yes

Med says to (11:16:20):
FIRST IN 2007
THEY WERE ASKED TO MOVE TOWARDS INCREASING THE VALUE OF THE DINAR
THEN AGAIN THE NEW MOF
ISAAWI
CAME TO SHABIBI
AND ASKED HIM TO INCREASE THE VALUE OF THE DINAR
IS THIS NOT TRUE

guardian says to (11:17:09):
yes

Med says to (11:17:12):
AND
SHABIBI WENT TO THE IMF
WORLD BANK
AND OTHER INTERNATIONAL ORGANIZATIONS AS EXPLAINED IN HIS STATEMENTS
FOR ADVICE AND HOW TO IMPLEMENT THE NEW RATE AND ISSUE NEW DENOMS
YES OR NO

Med says to (11:18:26):
DID SHABIBI NOT MEET WITH THE PARLIAMENT TWICE

ksdunlap says to (11:18:26):
yes
slow says to (11:18:34):
yes

Med says to (11:18:34):
IN DECEMBER OF 2010
TO EXPLAIN WHAT THEY WERE DOING
AND
WHEN A MEMBER OF THE RULE OF LAW
SAID WELL WE WOULD LIKE YOU TO DO A REPORT ON THE PRO'S AN CONS
AND SUBMIT IT
SHABIBI TOLD HIM IF HE READ THE DRAFT
IT WAS ALREADY DONE
SO THEY DIDNT EVEN READ IT
NEVER STUDIED THE PRO'S OR CONS

#4

And invited Member of the parliamentary Financial Committee not to rush to implement such a large project

NOW HE IS NOT SAYING THAT THEY ARE RECONSIDERING
HE IN HIS BROKEN ENGLISH
IS ASKING THEM TO CONSIDER THE PRO'S AND CONS FIRST
THEN DECIDE HOW IT WILL BE EXCHANGED AND HOW THE IRAQI PEOPLE WILL KNOW HOW TO USE IT
THIS ALL HAS BEEN EXPLAINED
THAT BOTH CURRENCIES WILL BE OUT SIMULTANEOUSLY
AND WILL BE ABSORBED OVER A 2 YR PERIOD
TO GIVE THE IRAQI PEOPLE A CHANCE TO UNDERSTAND WHAT THE NEW DENOMS
DENOMS
NOT NEW CURRENCY
THE DINAR IS THE CURRENCY
AND IS NOT CHANGING
ALL THAT IT HAPPENING IS THEY ARE CHANGING THE EXCHANGE RATE
AND BY DOING SO
IT WILL BE A PROBLEM TO HAVE PEOPLE WALKING AROUND WITH ONE DENOM THAT INSTEAD OF BEING WORTH 21 BUCKS
IT IS NOW WORTH 21 K
OR 25 K IF ONE TO ONE
WHO COULD EXCHANGE IT
SINCE WE KNOW NOW THERE IS A SHORTAGE OF THE LARGE DENOMS IN THE STREETS

#5

the draft deleted three zeros from the currency is not affected by any criticisms, noting that a national project to be implemented

THIS IS IN THE ARTICLE
BUT IS A FILLER
IT STATES AS IS OBVIOUS
CBI DOES NOT CARE ABOUT THE CRITICS
KEEP YOUR MOUTH SHUT
CUZ WE ARE DOING IT

many countries in the world has gone through this experience and have successfully applied and exceeded all conflicts and decline in economic reality.

HIS EXPLANATION
EASY TO UNDERSTAND
OTHERS HAVE DONE IT

#6

the project will be further examining more and demonstrate understanding of wadahah to the public

NO CLUE WHAT WADAHAH MEANS
I THINK IT IS A SLUR AFTER DRINKING TOO MUCH CAMEL P*SS
THE PROJECT DOES NOT NEED ANYMORE EXAMINING
IF IT DID
AND THIS IS A VERY OLD COMMENT
BY SALEH
WHEN THEY WERE DISCUSSING IT BEFORE THE JUNE 2011
DECISION TO GO FORWARD
THE EXAMINING HAD TO BE DONE
OTHERWISE IT WOULD NEVER BEEN WRITTEN AS A DRAFT
AND SENT TO THE COUNSEL OF MINISTERS
AM I CORRECT
OR NOT

sierra12 says to (11:29:11):
correct
cks says to (11:29:13):
Sounds right on to me
ksdunlap says to (11:29:16):
yes
sadielou says to (11:29:17):
yes
ladyinwaiting says to (11:29:18):
yeppers

Med says to (11:29:27):
ALL OF WHAT I STATED IS NOT MY OPINION
IT IS ALL BACKED BY ARTICLES
AND STATEMENTS BY THE TWO INVOLVED
SHABIBI AND SALEH

but long-term needs a long time to apply", likely to be applied more than one year from now.

NOW LONG TERM NEEDS
THAT IS ONE TOTALLY SEPARATE ISSUE
ADN SO IS
LONG TIME TO APPLY
AND
FOR THE LONG TERM NEEDS OF THE COUNTRY
AND ALSO TO REMOVE 25 TRILLION DINAR
FROM CIRCULATION
IT SURELY WILL TAKE TIME
THIS IS NOT LIKE KUWAIT
WHERE THEY HAD ONLY A COUPLE TRILLION
OUT
AND ALSO IT WAS NOT INVESTED IN LIKE THE DINAR
MILLIONS INTERNATIONALLY DID NOT HAVE IT
LIKE WHAT HAPPENED HERE
AND LIKELY TO BE APPLIED A YEAR FROM NOW
IS NOT A STATEMENT OF RECENT
THIS STATEMENT HAS BEEN IN ARTICLES FOR MONTHS
AND WAS CONTRADICTED IN AUG AND SEPTEMBER
BOTH BY SHABIBI AND SALEH
AND THE DEPUTY GOV
BRB
MY SCREEN IS SCREWED UP
GOT TO LOG OUT AND BACK IN

guardian says to (11:35:07):
ok

Med says to (11:37:28):
NOW I TRIED TO ASK THE PERSON
WHO POSTED THIS AGAIN
WHY

cks says to (11:37:36):
Yes...I have been watching and didn't want to butt in just wanted to say hello

Med says to (11:37:40):
DID NOT ANSWER
AND LEFT CHAT
I AM PISSED
HE HAS NOT POSTED BUT TWO POSTS IN SEVERAL MONTHS
AND BOTH
WERE ANTI R
RV
I HAVE TO STOP IT
I AM SORRY
I LIKE HIM
BUT SOMETHING IS NOT RIGHT HERE
OK I AM ALL DONE
KINDA WIPED
I WANT THIS POSTED
IN THE SAME THREAD
THAT AZ POSTED THE ARTICLE
TO COUNTER WHAT IS IN IT
AND ALSO IN CHAT
TY

by Guest Sun Nov 20, 2011 2:52 pm

lop 3 zeros .000/86=.86, makes perfect sense to me! 1to1 with the dollar.

by stevejss1 Sun Nov 20, 2011 2:57 pm

All of this old worn out zero's information from someone that still doesn't understand that it can not and will NEVER come out at .89 is kind of zero all in it's self jeeeeez. Blessings

MED'S CHAT damage control 11/20/11

MED'S CHAT damage control 11/20/11

Re: MED'S CHAT damage control 11/20/11

Re: MED'S CHAT damage control 11/20/11