SCOOTER CHAT JULY 2 !!!!!

by darjohn Sun Jul 03, 2011 12:34 am

A Scooter Chat from 7-2-2011 July 2nd

2011-07-02 13:27:14 * Scooter -> *: first thing
2011-07-02 13:27:23 * Scooter -> *: FOREX won't be showing up anything tonight
2011-07-02 13:27:30 * Scooter -> *: it's Saturday
2011-07-02 13:27:53 * Scooter -> *: They won't be active until the Banks in Wellington New Zealand open up tomorrow
2011-07-02 13:28:06 * Scooter -> *: but they sound smart
2011-07-02 13:28:12 * Scooter -> *: I like what they were saying
2011-07-02 13:28:24 * Scooter -> *: just need to finish the rest of that little link
2011-07-02 13:28:53 * Scooter -> *: I'm going to read these two articles
2011-07-02 13:28:55 * Scooter -> *: and brb

2011-07-02 13:32:37 * Scooter -> *: sorry
2011-07-02 13:33:05 * Scooter -> *: Anybody here from Ministry of Planning
2011-07-02 13:33:08 * Scooter -> *: no
2011-07-02 13:33:10 * Scooter -> *: hmmmm

2011-07-02 13:33:26 * Shunshine -> *: planning week-in count
2011-07-02 13:33:26 * Scooter -> *: So what was the question from those two articles
2011-07-02 13:35:34 * Scooter -> *: there was an interesting article regarding Ministry of Planning
2011-07-02 13:35:39 * booboo -> *: how did they pay for the Paris Bill in dinar or USD?
2011-07-02 13:35:50 * Scooter -> *: discussing Tariffs and products and goods coming into the country
2011-07-02 13:36:30 * Scooter -> *: ahhh yes
2011-07-02 13:36:39 * Scooter -> *: the cbi -- our favorite little spokesman
2011-07-02 13:36:44 * Scooter -> *: mr saleh

2011-07-02 13:37:08 * Scooter -> *: came out with a list of the 7 major banks that have met the capitol requirements
2011-07-02 13:37:10 * Scooter -> *: hmmmmmm
2011-07-02 13:37:22 * Scooter -> *: Need to look at those stocks
2011-07-02 13:37:24 * Scooter -> *: lol

2011-07-02 13:38:41 * Scooter -> *: So --- this little article regarding the Ministry of Planning

2011-07-02 13:44:34 * Scooter -> *: the one the scares me the most is the fake 25K notes that were uncovered
2011-07-02 13:44:40 * Scooter -> *: that could be a problem

2011-07-02 13:48:56 * Scooter -> *: They should probably think about increasing the value of the dinar to repel the inflationary pressures
2011-07-02 13:48:58 * Scooter -> *: JMO

2011-07-02 13:53:42 * Riley -> *: [b]Quad - http://dinardater.in..._5954#entry5954

2011-07-02 13:55:25 * Scooter -> *: i like that article Quad
2011-07-02 13:55:27 * Scooter -> *: thanks
2011-07-02 13:55:40 * Scooter -> *: I wonder what they mean by "Special" Billion
2011-07-02 13:55:43 * Scooter -> *: hmmmm

2011-07-02 13:55:52 * Scooter -> *: translationn perhaps
2011-07-02 13:55:56 * Scooter -> *: but I like that article

2011-07-02 13:56:47 * Quadraph0nic -> *: what about the dfi, is everything they have in the reports by iamb

2011-07-02 13:57:07 * Quadraph0nic -> *: i keep thinkin about that al jazeera article
2011-07-02 13:57:21 * Scooter -> *: What about DFI?
2011-07-02 13:57:22 * Built to last -> Riley: hello here is a link that will help people on that copy and paste problem http://www.oldapps.c...php?old_java=70
2011-07-02 13:57:27 * Scooter -> *: you mean the 250 billion
2011-07-02 13:57:31 * Scooter -> *: for the reserves

2011-07-02 13:57:55 * Scooter -> *: you mean in the report from PriceWatterhouse Coopers
2011-07-02 13:58:03 * Scooter -> *: or the iamb?
2011-07-02 13:58:07 * Quadraph0nic -> *: iamb
2011-07-02 13:58:50 * Scooter -> *: ahhhhhhh ----- There's a 47 pager I need to read sometime today but the PWC audit shows quite a bit
2011-07-02 13:58:58 * Scooter -> *: here's what i think
2011-07-02 13:59:11 * Quadraph0nic -> *: **sitting on hands**
2011-07-02 13:59:11 * Scooter -> *: 89 Billion saved in US Treasuries
2011-07-02 13:59:16 * Scooter -> *: this is just one theory
2011-07-02 13:59:31 * Scooter -> *: 84 Billion from the yeilds at maturation

2011-07-02 14:00:09 * Scooter -> *: The CBI currently shows 64 Billion in Gross Foreign Assets
2011-07-02 14:00:19 * Scooter -> *: and the remainder were the frozen assets
2011-07-02 14:00:32 * Scooter -> *: there was a bank in Italy

2011-07-02 14:00:40 * Scooter -> *: and two in Great Britain
2011-07-02 14:00:55 * Scooter -> *: that gets us right at or about the 250 billion mark
2011-07-02 14:01:07 * Scooter -> *: but I'm still arguing with Enoch8 on that one

2011-07-02 14:01:18 * Scooter -> *: lol

2011-07-02 14:02:11 * Scooter -> *: NP -- Thanks for the article
2011-07-02 14:02:14 * Scooter -> *: I liked that one
2011-07-02 14:02:29 * Scooter -> *: because I didn't know they gov was moving in that direction
2011-07-02 14:02:39 * Scooter -> *: but it makes sense
2011-07-02 14:02:45 * Quadraph0nic -> *: it does?
2011-07-02 14:02:50 * Scooter -> *: because they are moving toward the Arab Monetary Fund

2011-07-02 14:03:53 * Scooter -> *: ok, I need to get some work done today

2011-07-02 14:04:35 * Solarcloud -> *: Thanks scooter. Your strive to help others is inspiring. Straight up!
2011-07-02 14:04:37 * Riley -> *: [b]Scooter Have a great weekend dear
2011-07-02 14:04:38 * Raceraz -> *: We all appreciate it Scooter

2011-07-02 14:04:43 * maximus_delta -> *: [b]
2011-07-02 14:04:48 * robo -> *: [b][i]Do we know for 100% sure; that Paris Club has to be traded with RV'd dinar? Just askin

2011-07-02 14:06:20 * xpdiver -> *: robo I saw tthe same thing and that the first payment had been made do we know if thats so
2011-07-02 14:06:21 * Scooter -> *: ok
2011-07-02 14:06:26 * Scooter -> *: verification question

2011-07-02 14:07:16 * Scooter -> *: oh yea
2011-07-02 14:07:17 * lonestar78613 -> *: Thoughts on this article anyone?
2011-07-02 14:07:19 * Scooter -> *: the Dinar and payment
2011-07-02 14:07:22 * Scooter -> *: to paris
2011-07-02 14:07:51 * robo -> *: [b][i]Scooter Scooter Yep; many saying they have to do this and they have to do that. Most of the time, this means nothing more than B.S.
2011-07-02 14:07:55 * Scooter -> *: hmmm -- wait a minute --- let me go check that document out
2011-07-02 14:08:29 * Scooter -> *: but here's my understanding --- they need to get to move away fromt he dollarization practices of the past
2011-07-02 14:08:44 * Scooter -> *: and create global demand for the their currency
2011-07-02 14:08:46 * Scooter -> *: hmmmmm
2011-07-02 14:09:19 * robo -> *: [b][i]Scooter I understand; but, that does not mean that they can't pay this debt with dollars, etc. Just lookin for the absolute truth here.
2011-07-02 14:09:26 * Scooter -> *: I know ---- let me check that Paris Club rules doc
2011-07-02 14:09:28 * Scooter -> *: brb

2011-07-02 14:10:32 * lonestar78613 -> *: Saying it has not been voted on yet

2011-07-02 14:15:31 * Scooter -> *: I'll send you the document

2011-07-02 14:23:20 * Scooter -> xpdiver: the country needs to move away from dollarization
2011-07-02 14:23:31 * Scooter -> xpdiver: they need to be using IQD for everything they do
2011-07-02 14:23:38 * Scooter -> xpdiver: from building credit
2011-07-02 14:23:49 * Scooter -> xpdiver: it just authenticates the currency even further
2011-07-02 14:24:11 * Scooter -> xpdiver: so I can't imagine, but I could be wrong, why they wouldn't pay those creditor nations with IQD
2011-07-02 14:24:23 * Scooter -> xpdiver: the bigger item imo

2011-07-02 14:24:33 * Scooter -> xpdiver: is the 21 nation Arab Monetary Fund
2011-07-02 14:25:02 * Scooter -> xpdiver: Because they are now on the same thompson Reutars exchange systems
2011-07-02 14:25:17 * Scooter -> xpdiver: and they have to move the currency to the Hundred series notes and system
2011-07-02 14:25:20 * Scooter -> xpdiver: heck

2011-07-02 14:25:38 * Scooter -> xpdiver: they'll nneed to adapt the system to have 15 decimal places over
2011-07-02 14:25:39 * Scooter -> xpdiver: lol
2011-07-02 14:25:51 * xpdiver -> Scooter: makes since, having the DFI go back to them is good corrrect
2011-07-02 14:26:00 * Scooter -> xpdiver: absolutelyl
2011-07-02 14:26:02 * xpdiver -> Scooter: 15 over?????
2011-07-02 14:26:04 * Scooter -> xpdiver: absolutelyl
2011-07-02 14:26:13 * xpdiver -> Scooter: xpdivermrs was asking
2011-07-02 14:26:20 * Scooter -> xpdiver: .00000000000008600
2011-07-02 14:26:22 * Scooter -> xpdiver: lol
2011-07-02 14:26:27 * xpdiver -> Scooter: wrong way
2011-07-02 14:26:29 * Scooter -> xpdiver: that was exagerated
2011-07-02 14:26:32 * xpdiver -> Scooter: lol
2011-07-02 14:26:33 * Scooter -> xpdiver: but you get the point

2011-07-02 14:26:37 * xpdiver -> Scooter: yes sir
2
2011-07-02 14:27:08 * Scooter -> xpdiver: and yes the DFI being released is excellent --- it frees them
2011-07-02 14:27:16 * xpdiver -> Scooter: thank you and will be looking for the doc, I am glad your still working on this it makes this ride easier
2011-07-02 14:27:17 * Scooter -> xpdiver: from the international community

2011-07-02 14:27:48 * Scooter -> *: just had two phone calls
2011-07-02 14:27:49 * xpdiver -> Scooter: hold on the mrs has another question if I may

2011-07-02 14:28:24 * xpdiver -> Scooter: do you know if they finished restructiuring the Fafidain & Rasheed bank

2011-07-02 14:28:59 * Scooter -> xpdiver: I've been waiting to see more info on that one
2011-07-02 14:29:06 * Riley -> *: [b]Scooter lol
2011-07-02 14:29:12 * xpdiver -> Scooter: ok I will will be watching
2011-07-02 14:29:14 * Scooter -> xpdiver: and there could be a news blackout or they aren't saying

2011-07-02 14:29:29 * Scooter -> xpdiver: My guess
2011-07-02 14:29:37 * pvS -> *: [b]have to wholeheartedly agree with you
2011-07-02 14:29:46 * Scooter -> xpdiver: honestly, the news would have reported the delay
2011-07-02 14:30:00 * robo -> *: [b][i]pvS Thanks; and I want to know the truth; because I can live with it. Whatever it is.
2011-07-02 14:30:03 * Scooter -> xpdiver: but the news wouldn't report the "rebasing" of those two banks

2011-07-02 14:30:05 * Scooter -> xpdiver: why?
2011-07-02 14:30:15 * xpdiver -> Scooter: yes why'

2011-07-02 14:30:23 * Scooter -> xpdiver: because they are essentially Revaluing those two banks

2011-07-02 14:30:35 * Scooter -> xpdiver: when they revalue the banks

2011-07-02 14:30:42 * Scooter -> xpdiver: they would need to revalue the $$$$$

2011-07-02 14:30:54 * Scooter -> xpdiver: so no news on that one, IMO

2011-07-02 14:30:57 * Scooter -> xpdiver: good
2011-07-02 14:31:02 * xpdiver -> Scooter: makes since now I feel better ty
2011-07-02 14:31:11 * Scooter -> xpdiver: oh yea
2011-07-02 14:31:19 * Scooter -> xpdiver: this is loooking really good
2011-07-02 14:31:31 * Scooter -> xpdiver: I just can't believe they are being so bold about the whole thing

2011-07-02 14:31:37 * Scooter -> xpdiver: it's amazing
2011-07-02 14:31:42 * Scooter -> xpdiver: stunning actually
2011-07-02 14:31:52 * Scooter -> xpdiver: but you know -- they had to
2011-07-02 14:32:04 * Scooter -> xpdiver: they had to educate their people on what was about to happen
2011-07-02 14:32:08 * xpdiver -> Scooter: agreed
2011-07-02 14:32:24 * Scooter -> xpdiver: people forget -- this country has a huge populace that can't read
2011-07-02 14:32:39 * Scooter -> xpdiver: ok bud
2011-07-02 14:32:46 * xpdiver -> Scooter: makes since ty again
2011-07-02 14:32:49 * xpdiver -> Scooter: yes sir

2011-07-02 14:33:08 * Scooter -> xpdiver: cya later
2011-07-02 14:33:11 * xpdiver -> Scooter: bye

2011-07-02 14:33:25 * Scooter -> xpdiver: