Saturday, February 26, 2011

2-26-11 Peoples Dinar Post: US Treasury’s Out-n-Out Opinion on the RV

Highlights/Thoughts
PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS

Click on the title of this posting to get the details of this posting on DD

1. Person impersonated a member of the public media and tried to get in touch with Neil Wolin, the Deputy Secretary of the Treasury, regarding an article that Neil posted
2. He didn't get Neil, but talked with a close friend of Neil's personal assistant
3. She said she talked with Neil's assistant all the time about the dinar
4. She said it will RV when it's good and ready and that the outside world can put as much pressure as they want, but they are trying to come out at the highest possible end of the rate as they can
5. The budget in place helps
6. The uprisings have made this a tough sale to foreign investors
7. The RV will be based on how sovereign, solvent, stable, and self-sufficient Iraq will appear to the world
8. Their goal is to come out at the highest end possible without disrupting the balance of the economic situation in the Middle East and world
9. She said our government feels that Iraq is testing the road of democracy and feel they are playing with fire and are pushing the envelope too far
10. They concluded that "this thing" is a walking time bomb waiting to explode...good or bad, and some think the GOI is getting greedy with the rate
11. The GOI doesn't want to have to go back and redo an RV....it can't be redone and they have just one shot at this
12. The world's governing bodies (WTO, IMF, UN, Kuwait, CBI) have to sign off on this and Iraq has to be able to sustain whatever rate they come out at

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