Newshound Guru Bondlady and her team just announced the banking and investment laws have been passed and are official...the is beyond HUGE news! We're waiting for other gurus to confirm this and chime in. If this is official it opens the door to Ch7 release, WTO membership, and large international investment! Newshound Guru Bondlady says these laws are listed in the official Gazette!! These laws outline investment responsibility for banking, business and investment...including penalties (one compliance penalty is 1000 dinars a day... 70 cents doesn't sound too discouraging to me--hmmm unless there is a rate change!) Stay tuned as the other gurus chime in on this all important subject! This is super Thanksgiving Day news! :) --Blanche
11-21-2012 Newshound Guru Joey Article quotes: "Implementation with out delay'' "The 1st day of the next month" All they have to do is implement the Custom Tariffs Act and they will become members of the WTO. And what does this do? It shuts down the borders to Iran. [Hmmmm, sounds like Dec. 1st to me??]
11-22-2012 Newshound Guru Adam Montana The whole premise of an "RV"... the whole point of this "plan" - is that a revalue of the VALUE of the dinar will reintroduce the wealth that is currently "missing". To do this, they can introduce a new currency with a "nominal" value, phase out the old currency at a steady pace, but also keep the "nominal" value of the old currency until it is phased out. There is no rule or law that prevents them from doing this. And that's exactly what we are hoping they do.
11-22-2012 Newshound Guru Bondlady my sincere respect, admiration and gratitude goes to our timmy for all her diligence and her work she put in reading the new banking and investment laws she discovered passed on 11/18/12, i believe that was the date, and it was gazetted into law...no 1 has even realized or even has even a small clue on just how big and important these laws were to us and iraqs banking and investments...these laws are truly opening the door to go international with their currency and their country, they're preparing to come out of chapter 7 and become a major player in the world of huge big finance.
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