Iraq banking reforms are on track: central bank

[Psycho4Bud]

BEIRUT (Reuters) - Iraqi Central Bank Governor Sinan al-Shabibi said on Thursday the country was making solid progress in reforming its financial sector despite the ongoing violence and had enough reserves to defend the currency.

"I can say that we are succeeding in maintaining a stable financial situation in Iraq," he told Reuters at the Arab Economic Forum in Beirut. "This level of reserves is helping us keep the currency exchange rate stable."

Shabibi said net foreign reserves stood at $10 billion, up $2 billion since January, meeting the target set under an IMF program.

Once the security situation improves, he argued, Iraq "would not just be able to keep a stabilized economy, but also to make more progress."
http://today.reuters.com/news/newsArticle.aspx?type=reutersEdge&storyID=2006-05-11T175943Z_01_L11208626_RTRUKOC_0_US-FINANCIAL-IRAQ-CBANK.xml

I know, more good news......:D
Things are heading in the right direction, despite what the ol' t.v. wants to tell ya. Good news don't increase ratings ya know.

[eg420ne]

Yeah dont mine dem 1000 killed a month in iraq maybe even more its just iraqis..so psycho want do you think will happen to Iraq if KingGeorge or Israel attacks Iran..it be all good news from foxnews huh

[Psycho4Bud]

Yeah dont mine dem 1000 killed a month in iraq maybe even more its just iraqis..so psycho want do you think will happen to Iraq if KingGeorge or Israel attacks Iran..it be all good news from foxnews huh

So is that all you want to hear about is the insurgent attacks? O.K.:rolleyes:

As for Iran, I think Israel will make the first strike and yes, I would consider the loss of Irans nuclear technology as good news. Where do you get fox? It could be from prisonplanet.:D

Have a good one!:thumbsup:

[eg420ne]

Naw dude you missed the point Iraqis meaning the people of IRAQ women & children are fukin dying..and you think thats good news not all of them fuking insurgents as foxnews tells you..What do you think will happen once Iran is attack, psycho, its not going to be peaches n cream its going to be blood bombs chaos, OH BOY:thumbsup:

[Psycho4Bud]

Naw dude you missed the point Iraqis meaning the people of IRAQ women & children are fukin dying..and you think thats good news not all of them fuking insurgents as foxnews tells you..What do you think will happen once Iran is attack, psycho, its not going to be peaches n cream its going to be blood bombs chaos, OH BOY:thumbsup:

When did I EVER say that the women and children dying is good news? It sure the hell isn't U.S. forces or Iraqi forces planting roadside bombs and blowing car bombs. Dude, smoke a bowl!:thumbsup:

[eg420ne]

im on it, but i warn you this my last week of smoking for a while so i may be unbearable;)

[eg420ne]

And WTF is that jesus in your avatar

[Psycho4Bud]

And WTF is that jesus in your avatar

LOL....Jesus???? Zeus!:thumbsup:

[eg420ne]

I didnt think it was jesus just looks like the pictures i've been program to see him, but zeus same thing jesus zesus lol

[Gumby]

what I love about Jesus and the fact that he is everywhere is that it slaps christianity in it's face...

exodus 20:4 (the ten commandments)
4 Thou shalt not make unto thee any graven image, or any likeness of any thing that is in heaven above, or that is in the earth beneath, or that is in the water under the earth:

doesn't that mean no pictures of god or jesus?? doesn't that mean we can't show muhammad on tv... isn't that the reason radical muslims hate us?? why does no one mention that?? uh... cause modern christianity is a lie as well... I cannot believe these people believe in God yet don't know the Ten Commandments...


does anyone not understand the fact they call Bush a Zionist?? doesn't that mean anything to anyone??

[eg420ne]

That means he loves JEW money- And CONgress love to obey Zionist they pay good-who do CONgress listen to not the american people---oh no i forgot cant say JEW ZIONIST ISRAEL when you have an anti-government stance

[Shelbay]

LOL....Jesus???? Zeus!:thumbsup:
Thats weird...I had a white german shepherd named Zeus..he had blue eyes.

[Psycho4Bud]

Thats weird...I had a white german shepherd named Zeus..he had blue eyes.


LOL...one of my best friends also has a german shepard named Zeus....small world. :D

Have a good one!:thumbsup:

[eg420ne]

Thats weird...I had a white german shepherd named Zeus..he had blue eyes.
Was he racist against brown people--im just kidding Shelbay I saw white, german, and blue eyes & couldnt resist--:thumbsup:

[Psycho4Bud]

what I love about Jesus and the fact that he is everywhere is that it slaps christianity in it's face...

exodus 20:4 (the ten commandments)
4 Thou shalt not make unto thee any graven image, or any likeness of any thing that is in heaven above, or that is in the earth beneath, or that is in the water under the earth:

doesn't that mean no pictures of god or jesus?? doesn't that mean we can't show muhammad on tv... isn't that the reason radical muslims hate us?? why does no one mention that?? uh... cause modern christianity is a lie as well... I cannot believe these people believe in God yet don't know the Ten Commandments...


does anyone not understand the fact they call Bush a Zionist?? doesn't that mean anything to anyone??

"Thou shall have no other gods besides Me... Do not make a sculpted image or any likeness of what is in the heavens above..."

This prohibits belief in or worship of any additional deities, gods, spirits or incarnations. To deny the uniqueness of God, is to deny all that is written in the Torah. It is also a prohibition against making or possessing objects that one or other may bow down to or serve, including any artistic representations of God or any sculpture of a human being. One must not bow down to or serve any being or object but God.
http://en.wikipedia.org/wiki/Ten_Commandments

My major problem with the religions is this; I walk into most churches to find beautiful stained glass, marble alters, gold challises and candle holders......They just built a new church down the highway from me...two million cost! And the meek shall inherit the earth? I don't get it!

As far as Bush being called a Zionist....does that go along with Nazi, Mabus, and whatever name people want to call him or is this a special one?

Have a good one!:thumbsup:

[Gumby]

it's a special one... it's been known for a while that he is fighting a war on Muslims. It is his goal as a dictator (where he gets the Mabus, Hitler names)... it is a war about religion and based on religion.

why do you think america does not allow Muhammad on television? Look at the global war... not just ours. Iraq is a small war, all the other things are small as well... it's all based on the fight over Israel

Zi·on·ism (zī'ə-nĭz'əm) pronunciation
n.

A Jewish movement that arose in the late 19th century in response to growing anti-Semitism and sought to reestablish a Jewish homeland in Palestine. Modern Zionism is concerned with the support and development of the state of Israel.

Zionism

The belief that Jews should have their own nation; Jewish nationalism. Zionism gained much support among Jews and others in the early twentieth century, and the hoped-for nation was established in the late 1940s in Palestine, as the state of Israel. Zionism is opposed by most Arabs. (See Arab-Israeli conflict.)


http://www.answers.com/main/ntquery?method=4&dsid=2040&dekey=Zionism&curtab=2040_1&linktext=Zionism

It's the same war that has been going on for thousands of years... the same reasons behind most of the wars that have been faught since them... the excuses to go to war are the only things that change... Look at the whole history of the wars. It's the Crusades, the Holocaust, it's everything...


And it is because people can be controlled and progarmed to believe in Christianity as is was created by the Church to control the people thousands of years ago... The Church in itself is mockery of the Bible and Christianity... it's a joke people believe they have to go to a place and pay people to get a bus ride to heaven... fuck that...

and what ever happened to this Commandment??

8 Remember the sabbath day, to keep it holy.
9 Six days shalt thou labour, and do all thy work:
10 But the seventh day is the sabbath of the LORD thy God: in it thou shalt not do any work, thou, nor thy son, nor thy daughter, thy manservant, nor thy maidservant, nor thy cattle, nor thy stranger that is within thy gates:
11 For in six days the LORD made heaven and earth, the sea, and all that in them is, and rested the seventh day: wherefore the LORD blessed the sabbath day, and hallowed it.

Doesn't that mean not work on Saturday?? everything and everyone... a day of rest and love for God... since when has working 24/7 earning as much money as you can, being rich the thing we're spose to aspire for? My Bible says we're spose to rest and not work.... but I guess america's christain bible was misprinted or something...

[Psycho4Bud]

O.K.......................


So how do you feel about the Iraqi banking reforms?:D

LOL....have a good one!:thumbsup:

[Gumby]

I think it's a joke to think that we have helped boost thier economy or better their lives in anyway. I also think that the words "Once the security situation improves" means a lot more than how much money they will make...

money doesn't create good news... it's all fake anyways... do you think I get happy knowing congress just gave the weathly 70 billion dollars?? FUCK NO... why would Iraqi's care if their rich just got richer while they all died from bombs??

[pisshead]

i guess central banks are good, if you're a commie...you can basically pinpoint the beginning of the end of the economy on the founding and establishing of our federal reserve...

this will be good for iraq, if you're a freedom hating communist.

[Psycho4Bud]

i guess central banks are good, if you're a commie...you can basically pinpoint the beginning of the end of the economy on the founding and establishing of our federal reserve...

this will be good for iraq, if you're a freedom hating communist.

Thats right, it would be much better if they were to leave the banking system in complete shambles. Now THAT would be freedom!:rolleyes:


Is it so hard to acknowledge that something good is happening over there?:twocents:

[Gumby]

Thats right, it would be much better if they were to leave the banking system in complete shambles. Now THAT would be freedom!:rolleyes:


Is it so hard to acknowledge that something good is happening over there?:twocents:


freedom never meant government control... I do believe there is a huge seperation between that in our consitution... just cause you're getting fucked when you get raped it doesn't mean that it still feels good

why can't you admit that it's not a good war and the little good we do acomplish over there doesn't and won't out way the bad, until it is fixed?

[eg420ne]

Psycho4bud first needs to admit that the official government story of 911 is a lie B4 he can admit the Iraq war is/was bad

[Shelbay]

Was he racist against brown people--im just kidding Shelbay I saw white, german, and blue eyes & couldnt resist--:thumbsup:
haha...I just now read this..a good one:clap:

[Psycho4Bud]

Psycho4bud first needs to admit that the official government story of 911 is a lie B4 he can admit the Iraq war is/was bad

Your version of 9-11 is a lie, I'll admit to that.:D Besides that, 9-11 and the Iraqi war have very little to do with each other. Completely different issues besides the Zarqawi factor but that wasn't a main reason for invading Iraq.

Have a good one!:thumbsup:

[Psycho4Bud]

freedom never meant government control... I do believe there is a huge seperation between that in our consitution... just cause you're getting fucked when you get raped it doesn't mean that it still feels good

why can't you admit that it's not a good war and the little good we do acomplish over there doesn't and won't out way the bad, until it is fixed?

They had an election by the people of Iraq and formed their government and constitution from voting BY THE PEOPLE. Are you suggesting that there be NO government and just let the smaller factions take over areas like gangs do in our larger cities?:confused:

[Gumby]

They had an election by the people of Iraq and formed their government and constitution from voting BY THE PEOPLE. Are you suggesting that there be NO government and just let the smaller factions take over areas like gangs do in our larger cities?:confused:


If you really think that each Iraqi is going out and particapting in elections to find a leader you are wacthing too much Fox News and not enough real news... there is a war going on there... (and your previous post - we did go in because of 9/11 and because of WMDs.... the third things we went into Iraq for was to AFTER WE REMOVED the wmd's and dictator and found the terrorists in Iraq. Then we were spose to help them set up a free government) That's not what is happening, they don't vote and it doesn't matter... they don't have a government and it's been 3 years since MISSION ACOMPLISHED.

I am suggesting that they follow the path our founders did where they gave EACH AND EVERY state the power of the central government. Something we have forgotten since we have a dictator. Bush is trying to set up Iraw like america and when 28% of the people he rules don't like him you think another country is going to be happy about changing to what we have?

why not just invite Sadam ove here to tell us how we should vote and establish a government?? Im sure thats what they feel like we are doing.... and if you think they hate our freedoms then why is Bush taking them away?? Is it giving the terrorist less reasons to hate us??

[Psycho4Bud]

If you really think that each Iraqi is going out and particapting in elections to find a leader you are wacthing too much Fox News and not enough real news

A 72% voter turnout in the face of threats and violence is pretty damn good. Hell, that's a better turnout than we see here in the states.

... there is a war going on there... (and your previous post - we did go in because of 9/11 and because of WMDs.... the third things we went into Iraq for was to AFTER WE REMOVED the wmd's and dictator and found the terrorists in Iraq. Then we were spose to help them set up a free government)

Broken U.N. resolutions, paying families of Martyrs, WMDs which are in Syria now(according to a Syrian journalist and an ex-Iraqi General)

That's not what is happening, they don't vote and it doesn't matter... they don't have a government and it's been 3 years since MISSION ACOMPLISHED.


They didn't even vote? Did ya miss that one? They voted twice in elections and once on the constitution.

I am suggesting that they follow the path our founders did where they gave EACH AND EVERY state the power of the central government. Something we have forgotten since we have a dictator. Bush is trying to set up Iraw like america and when 28% of the people he rules don't like him you think another country is going to be happy about changing to what we have?

The Iraqis have created their own system of democracy. Bush didn't set up nothing except for the first coallition provisional authority which was closed when Iraqi leaders took over.

why not just invite Sadam ove here to tell us how we should vote and establish a government?? Im sure thats what they feel like we are doing.... and if you think they hate our freedoms then why is Bush taking them away?? Is it giving the terrorist less reasons to hate us??

LOL....try again! 80% of that country was held poor and persecuted by the Bathists and Saddam. The Kurds and Shi-ites were more than pleased to see him go....which is why out of the 18 providences in Iraq there is only 3 with any type of insurgency.

Have a good one!:thumbsup:

[Gumby]

Don't know where you get all your news... oh wait, Fox.. but just to let you know the 'Real World' doesn't quite agree with you...

http://www.politicalaffairs.net/article/articleview/3420/1/167/

Three years after U.S. forces captured Baghdad, Iraqis are suffering from unprecedented violence and misery. Although Saddam Hussein was indeed one of the world's most brutal tyrants, the no-fly zones and arms embargo in place for more than a dozen years prior to his ouster had severely weakened his capacity to do violence against his own people. Today, the level of violent deaths is not only far higher than during his final years in power, but the sheer randomness of the violence has left millions of Iraqis in a state of perpetual terror. At least 30,000 Iraqi civilians have died, most of them at the hands of U.S. forces but increasingly from terrorist groups and Iraqi government death squads. Thousands more soldiers and police have also been killed. Violent crime, including kidnapping, rape, and armed robbery, is at record levels. There is a proliferation of small arms, and private militias are growing rapidly. A Lebanon-type multifaceted civil war, only on a much wider and deadlier scale, grows more likely with time.

Over 50,000 Iraqis have been imprisoned by U.S. forces since the invasion, but only 1.5% of them have been convicted of any crime. Currently, U.S. forces hold 15,000 to 18,000 Iraqi prisoners, more than were imprisoned under Saddam Hussein. Amnesty International and other human rights groups have cited U.S. forces with widespread violations of international humanitarian law, including torture and other abuses of prisoners.

It is not just the fear of arrest and torture that have worsened since the U.S. conquest of Iraq three years ago. Although the destruction of the civilian infrastructure during the heavy U.S.-led bombing campaign in 1991 combined with the subsequent economic sanctions led to enormous suffering among ordinary Iraqis, the United Nations' Oil-for-Food program, despite the abuses, did substantially improve the quality of life in the years preceding the U.S. invasion. Now, deaths from malnutrition and preventable diseases, particularly among children, are again on the increase. The supply of drinking water, reliability of electricity, and effectiveness of sewage disposal are all worse than before the invasion.

As much as half of the labor force is unemployed, and the cost of living has skyrocketed. The median income of Iraqis has declined by more than half. The UN's World Food Program (WFP) reports that the Iraqi people suffer from â??significant countrywide shortages of rice, sugar, milk, and infant formula,â?� and the WFP documents approximately 400,000 Iraqi children suffering from â??dangerous deficiencies of protein.â?� Oil production, the country's chief source of revenue, is less than half of what it was before the invasion. And despite Bush administration promises to infuse billions of dollars worth of foreign aid to rebuild the country's civilian infrastructure, only a small fraction of these ventures have been completed, and most projects have been cancelled. Close to one million Iraqis, most of them from the vital, educated middle class, have left the country to avoid the violence and hardship brought on as a result of the U.S. invasion.

Despite all this, a Harris poll at the end of December showed that a majority of Americans believe the Bush administration's claims that Iraqis are better off now than they were under Saddam Hussein. Most Iraqis polled say just the opposite.

[Psycho4Bud]

Don't know where you get all your news... oh wait, Fox.. but just to let you know the 'Real World' doesn't quite agree with you...

You know what happens when you assume? LOL NO, Fox news isn't my main news source!

http://www.politicalaffairs.net/article/articleview/3420/1/167/

Three years after U.S. forces captured Baghdad, Iraqis are suffering from unprecedented violence and misery. Although Saddam Hussein was indeed one of the world's most brutal tyrants, the no-fly zones and arms embargo in place for more than a dozen years prior to his ouster had severely weakened his capacity to do violence against his own people. Today, the level of violent deaths is not only far higher than during his final years in power, but the sheer randomness of the violence has left millions of Iraqis in a state of perpetual terror. At least 30,000 Iraqi civilians have died, most of them at the hands of U.S. forces but increasingly from terrorist groups and Iraqi government death squads. Thousands more soldiers and police have also been killed. Violent crime, including kidnapping, rape, and armed robbery, is at record levels. There is a proliferation of small arms, and private militias are growing rapidly. A Lebanon-type multifaceted civil war, only on a much wider and deadlier scale, grows more likely with time.

Now that shit is funny! This is NOTHING like Lebanon! There is an insurgency but one by one the groups are giving up and the people of Iraq are the ones forcing them to.

Over 50,000 Iraqis have been imprisoned by U.S. forces since the invasion, but only 1.5% of them have been convicted of any crime. Currently, U.S. forces hold 15,000 to 18,000 Iraqi prisoners, more than were imprisoned under Saddam Hussein. Amnesty International and other human rights groups have cited U.S. forces with widespread violations of international humanitarian law, including torture and other abuses of prisoners.

The U.S. is in charge of very few prisoners of war these days, it's the Iraqi government! Let them handle their justice in their own way.....like you stated, we shouldn't try to "Americanize" that area. Let them do it their way!

It is not just the fear of arrest and torture that have worsened since the U.S. conquest of Iraq three years ago. Although the destruction of the civilian infrastructure during the heavy U.S.-led bombing campaign in 1991 combined with the subsequent economic sanctions led to enormous suffering among ordinary Iraqis, the United Nations' Oil-for-Food program, despite the abuses, did substantially improve the quality of life in the years preceding the U.S. invasion. Now, deaths from malnutrition and preventable diseases, particularly among children, are again on the increase. The supply of drinking water, reliability of electricity, and effectiveness of sewage disposal are all worse than before the invasion.

Another joke! The only places that the infrustructure isn't better than before is in the three providences that had ALL the electricity, sewage, etc...and the insurgents blow up anything new being built. Even in the face of that, USAID has given Sadr City it's first running water, sewage system, and electricity. OH NO....the Bathists have to share!!!

As much as half of the labor force is unemployed, and the cost of living has skyrocketed. The median income of Iraqis has declined by more than half. The UN's World Food Program (WFP) reports that the Iraqi people suffer from â??significant countrywide shortages of rice, sugar, milk, and infant formula,â?� and the WFP documents approximately 400,000 Iraqi children suffering from â??dangerous deficiencies of protein.â?� Oil production, the country's chief source of revenue, is less than half of what it was before the invasion. And despite Bush administration promises to infuse billions of dollars worth of foreign aid to rebuild the country's civilian infrastructure, only a small fraction of these ventures have been completed, and most projects have been cancelled. Close to one million Iraqis, most of them from the vital, educated middle class, have left the country to avoid the violence and hardship brought on as a result of the U.S. invasion.

Oil production at the present time is at 1.6 mb/d as opposed to the 2.5mb/d pre-war. One of the reasons for this is the reconstruction of a neglected oil infrustructure and also insurgent attacks. At the present, the northern pipeline is down for repairs witch contributes a minimum of .5mb/d production. A Norwegian oil company has found a new vein in the Kurdish area which has spurred great interest for investment from the Brits...etc.

Pre 1991 thier currency exchange rate was at 3.29US:1IQD before the last war it was at 2000IQD:1US now after 80%-100% of the $120 billion debt has been forgiven they are looking at a revalue of their currency which could be VERY soon.
How did they deposit an additional $2 billion into foreign banks if their in such desperate times?

Despite all this, a Harris poll at the end of December showed that a majority of Americans believe the Bush administration's claims that Iraqis are better off now than they were under Saddam Hussein. Most Iraqis polled say just the opposite.

LOL....which Iraqi poll are you going by....BAGDADS?

I have a link in my signature for Iraqi Dinar.....check it out once.

Have a good one!:thumbsup:

[Gumby]

that wasn't a poll that was a news article... and here are plenty more...

http://english.people.com.cn/200605/13/eng20060513_265353.html

http://www.arabamericannews.com/newsarticle.php?articleid=5227

http://www.thestate.com/mld/thestate/news/nation/14569842.htm

http://www.angus-reid.com/polls/index.cfm/fuseaction/viewItem/itemID/11848

http://www.pasadenaweekly.com/article.php?id=3396&IssueNum=19

http://www.abc.net.au/7.30/content/2006/s1636606.htm

http://weekly.ahram.org.eg/2006/794/re63.htm

http://blogs.kansas.com/weblog/2006/05/public_has_been.html

should I keep going... cause those were the articles for the last 2 days... should I try to find all of them for the week?? you're not dealing with an idiot and your propaganda shit doesn't work on me... I need more than one source to believe something and when you can do a yahoo search for Iraq and pull up nothing but negatives, something isn't going right...

[Psycho4Bud]

should I keep going... cause those were the articles for the last 2 days... should I try to find all of them for the week?? you're not dealing with an idiot and your propaganda shit doesn't work on me... I need more than one source to believe something and when you can do a yahoo search for Iraq and pull up nothing but negatives, something isn't going right...

After WW2 was there an insurgency in Germany? YES.
Should we have left Hitler in office? NO

After the civil war was there an insurgency? YES
Should have we let the U.S. be split? NO
(Sorry Shelbay..LOL)

I'm not calling you an idiot for your views at all. Like I've stated many times, bad news sells! I'm sure you can find more bad articles than the good ones. I'm sure there are MANY sites talking of the graves. What about the graves of the Kurds and Shi-ites with the acts of genocide? What about the pictures of the lil' girls Saddams boys loved to rape? What about the graves of people that Saddams martyrs killed, or their families pics at the funerals?

I'll admit to the FACT that some brave coallition force vollenteers gave their lives and in the actions of this some civilians were killed. Can you admit that things in Iraq today are progressing forward and not backwards? There are Kurds, Shi-ites, and Sunnis working together (something which is unheard of in this region) to create a better system. They may have their stumbling blocks in the road but I'm not ready to call it a loss like some others.

Think of this like Mexico, we're putting in some cash now for the good of the future...LOL...YOUR PLAN!:D

Have a good one!:thumbsup:

[Psycho4Bud]

Forced to deal with an aging, poorly maintained electricity infrastructure, ongoing insurgent attacks on gas and transmission lines, and the ever-increasing demand of Iraqis, Iraq still averages only about 13 hours of electricity a day nationwide, with only six hours on average in Baghdad, the country's largest population center, according to U.S. officials. Iraqis consider the lack of power to be among their most serious problems, especially during the summer, when temperatures can top 120 degrees.

Before the U.S.-led invasion in 2003, Saddam Hussein's government routed power to Baghdad, which received 18 to 24 hours of electricity a day while the rest of the country received two to four hours. Since then, Iraq's electricity generation capacity has increased from 2,500 megawatts to about 5,000 megawatts, but attacks and breakdowns have kept another 3,500 megawatts offline.
http://www.chron.com/disp/story.mpl/world/3860926.html

[Krogith]

Just wait tell we get Freedom of religion taken from the World!

[Psycho4Bud]

Just wait tell we get Freedom of religion taken from the World!

Allow Iran to get nukes.....we'll be one step closer!

Have a good one!:thumbsup:

[eg420ne]

No that be Jeb Bush(PNAC signer)everyone will be force to become christians better study up on dem bibles