_[seafood] bluwolf I wonder if anyone ever asked Bush how it was going to be paid for?
[bluwolf] seafood believe me when I say Bush knew all before we ever set foot on Iraq
[seafood] bluwolf yeah but did he ever give an answer to "how"?
[bluwolf] 7 trillion payback in oil
[bluwolf] but of course after the RV rate
[seafood] bluwolf where did he say that? Don't mean to pressure you
[minister b] bluwolf That's everyday, they're making that and they're pushing to get their exporting up to 10-12 million barrels within the fastest time possible.
[bluwolf] + whatever they can take from us in taxes
[bluwolf] countries get a much higher rate, around $11
[airam] bluwolf do you think the speech of Shabibi really happened
[bluwolf] I have no recall of that airam
[bluwolf] how much is 7 trillion IQD by $11?
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[minister b] bluwolf If it did happen, you can find it on wwi tv. com and search Iraq TV on the left and check those various channels. I found a 40 minute interview today live with Barzani Q & A but it was in Arabic and I know someone asked him about the raising of the Dinar currency, with all the questions he was answering today
[bluwolf] swampy you are late for that I have already, jejeje
[minister b] bluwolf In the IMF Report on Iraq about 4 months ago, they stated Iraq could come out with a currency value right now between $10-$12 because of the research done on their in-ground estimation of Oil and Natural Gas, that was a “RIGHT NOW” assessment from the IMF.
[bluwolf] minister b correct but actually you will be seeing that rate go into play by late January - mid-February
[seafood] bluwolf let me get this straight - Bush said "somewhere" that the war will be paid for with 7 trillion in oil but only after the RV happens?
[bluwolf] yabba a rate from 4.40 to 8.28 anywhere around that is good enough for all
[bluwolf] airam he did say so in the past
[bluwolf] what are you, a lawyer?
[minister b] bluwolf I can believe that, and that's why I'm not cashing out ALL, but only about 1% and then I'm doing the line of credit against it, post -RV, so when it does shoot up, that Dinar secured as a Line of Credit will be worth 3x more and I wouldn't have even touched my other Dinar.
[bluwolf] ministe sounds good
[airam] bluwolf Who me
[bluwolf] cessie did you get my email
[minister b] bluwolf And we haven't even talked about the VND that's going up as well. Even if it goes up .5 cents on a $100M Dong, that's $5M easy for outreach.
[Cessie] bluwolf I just read it. I have no way of confirming as I bank at a credit union and have no bank contacts. Wish I did.
[bluwolf] you will be surprised on that one
[bluwolf] airam it is old news from 2008
[bluwolf] I just hope we get positive feedback on this one agent 007
[Cessie] bluwolf I know jonnywg last said a few hours ago that the banks were still uploading the countries and rates but still showed $000.00
[bluwolf] airam he said that all will remember him and that at the end the war will pay for itself and some other stuff
[bluwolf] 000.00 means that new rates are in transition
[airam] bluwolf that is what I heard; that at the end the war will pay for itself ............... never heard the RV word ............. now it is clear
[bluwolf] but let's keep it a secret
[bluwolf] 7 trillion at $11 pays for the whole debt in the US and the debts owed to China and EU
[bluwolf] the 7 trillion invested in IQD will be paid back with RV valor
[bluwolf] the oil part is a different story on its own
[bluwolf] the US government is no fool
[minister b] bluwolf I've understood it that when we cash in, the US Treasury will use the collected Dinar to buy Iraqi Oil at the agreed upon $32.00 a barrel, over a 3-year span. The US Treasury WOULD NOT exchange in ALL THE DINAR collected at once, but over time.
[bluwolf] that is correct sir
[bluwolf] well good night everyone, be blessed
[Cessie] bluwolf Good night Blu. Really hope I hear from you tonight.
[swampyjackpot] bluwolf Goodnight and thanks for all that you share!!
[bluwolf] let's see, if I do not see it, I will not call it