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wmawhite Reference Millionday post: “10-14-2015 Millionday Press report quote: “The Council of Ministers endorsed the reforms presented by Prime Minister Dr. pack. Haider al-Abadi, backed by vote of the House of Representatives unanimously” THE VOTE OF ECONOMIC REFORM LEGISLATION IN ITS ENTIRETY…”
I do not believe that these folks are going through all of this NOT to activate these reforms. the other part of this is that the GOI/Parliament are being taken by the hand and walked through this process.
All of these people have never lived in Iraq when they have needed monetary reform…the folks in the goi/parliament were just kids as far back as Sadaam and he determined all policy…nor the need to have foreign investors invest in Iraq.
They have never had the need until now...well, figure it out...they have never had the knowledge has to how to draft such laws.
This is why we are seeing these amendments being introduced into these laws at the last minute...they are being guided by folks outside of Iraq.
Also, this new investment laws actually started four years ago when Iraq hosted a huge seminar in London...
100s of investors attended and gave recommendation to the GOI as to what would be needed in order for them to invest in Iraq...those countries, business, etc. that are helping Iraq with the drafting of these laws are doing it because of their interest in Iraq and its future.
The gulf region is naturally interested in doing business with Iraq...however, Western Europe as well as Russia understand how critical it is for Iraq to be successful in these reforms because they are now seeing first hand the effects of the area being unstable.
rrrr : There are two kind of people…. Those who say “I will believe it when I see it” and those that say “To see it, I know I must Believe it”….. Believe Dinarians… and you will see it!
Cudbuck: re: forex...the trend is our friend...look at it..iko has stated "it's the momement, not the rate"...DC has told us often, it will be 7-10 BEFORE forex shows the actual rate...no worry,be happy.. be ready
tman23 “…23rd session of the first legislative term...to postpone the vote on the draft second amendment bill to the Investment Law...until after the Eid al-Adha holiday…”
This Investment Law is not just needed but required for foreign investment to begin deposits in Iraq...It was a condition of the European Union...
Iraq desperate for investment...WHY THE DELAY?
Parliament does not understand the Federal Government delaying 50 bills that have been read 2 times...The Investment Law was read 2 times...
Why not pass it and post it as law but do not implement it same as they have on tariffs…
IMO The delay is 3 zeros!
Moneytalks1: Hi Frank, IMO, Shabibi wouldn't be there if Maliki was still present. The date has been already set by the IMF and the "others" for the lifting of the 3 zeros, IMO.
WE can only now play musical chairs or numbers with 1,2,3 and 4 until Shabibi pulls the trigger. WE all know this is imminent. Thanx
Aggiedad77: IMO.....1, 2, 3 are being done....there is strong evidence...our notes tell us that much...IMO.....4 simply awaits the proper time.....the Ayatollah Sistani has helped to pave the way.....people listen to what he has to say....and out of FEAR they act....not of FEAR of him....but FEAR of God....a good FEAR....and the date does approach.....if there is time in 2015. Aloha Randy
Tink: You always hear the usual stories of pennies on the sidewalk being good luck, gifts from angels, etc. This is the first time I've ever heard this twist on the story. Gives you something to think about.
Several years ago, a friend of mine and her husband were invited to spend the weekend at the husband's employer's home. My friend, Arlene, was nervous about the weekend. The boss was very wealthy, with a fine home on the waterway, and cars costing more than her house.
The first day and evening went well, and Arlene was delighted to have this rare glimpse into how the very wealthy live. The husband's employer was quite generous as a host, and took them to the finest restaurants.
Arlene knew she would never have the opportunity to indulge in this kind of extravagance again, so was enjoying herself immensely.
As the three of them were about to enter an exclusive restaurant that evening, the boss was walking slightly ahead of Arlene and her husband.
He stopped suddenly, looking down on the pavement for a long, silent moment..
Arlene wondered if she was supposed to pass him. There was nothing on the ground except a single darkened penny that someone had dropped, and a few cigarette butts. Still silent, the man reached down and picked up the penny.
He held it up and smiled, then put it in his pocket as if he had found a great treasure. How absurd! What need did this man have for a single penny? Why would he even take the time to stop and pick it up?
Throughout dinner, the entire scene nagged at her. Finally, she could stand it no longer. She casually mentioned that her daughter once had a coin collection, and asked if the penny he had found had been of some value.
A smile crept across the man's face as he reached into his pocket for the penny and held it out for her to see. She had seen many pennies before! What was the point of this?
'Look at it.' He said. 'Read what it says.' She read the words ' United States of America '
'No, not that; read further.'
'One cent?' 'No, keep reading.'
'In God we Trust?' 'Yes!' 'And?'
'And if I trust in God, the name of God is holy, even on a coin. Whenever I find a coin, I see that inscription. It is written on every single United States coin, but we never seem to notice it! God drops a message right in front of me telling me to trust Him?
Who am I to pass it by? When I see a coin, I pray, I stop to see if my trust IS in God at that moment.
I pick the coin up as a response to God; that I do trust in Him. For a short time, at least, I cherish it as if it were gold. I think it is God's way of starting a conversation with me. Lucky for me, God is patient and pennies are plentiful!
When I was out shopping today, I found a penny on the sidewalk.
I stopped and picked it up, and realized that I had been worrying and fretting in my mind about things I cannot change. I read the words, 'In God We Trust,' and had to laugh. Yes, God, I get the message.
It seems that I have been finding an inordinate number of pennies in the last few months, but then, pennies are plentiful! And, God is patient..
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