RUMOR RUMOR
Posted by Jfetty of the GET Team
Well, you know that you have been in something for maybe too long when all the air just gets blown out of your sail with the slightest turn in direction; the thing is I am not sure if it were a turn in direction or that this was the course all along……….. I spoke with son a close friend of mine today who is a senior aid on a Senatorial Committee and he just returned from Warshington. I do not want to even go into all that transpired there over the last couple of weeks (it would turn even the strongest stomach); but here is the part everyone on these boards wants to know, but does not want to hear. There has been a lot of behind the scenes jockeying concerning the Iraqi Dinar, its’ re-evaluation, the amount of Iraqi Dinar being held by the U.S. Treasury, the amount of Iraqi Dinar being held by private U.S. taxpaying citizens and most importantly who is going to get the credit; And folks that is where the battle lines have been drawn. When President George W. Bush stated that the Iraqi war would eventually not cost America a dime; he was referring to the amount of Iraqi Dinar held by the U.S. Treasury. At that time, the President fully, although gravely misguided, expected before he left office that Iraq would stabilize, rapidly increase oil export and that the Iraqi Dinar would re-value and he would leave office as a triumphant war President. We all know the end of that fantasy; the reality of today. And that reality is that the Republicans (mostly in the House) are refusing to get on board as they absolutely will not agree to certain conditions that will make the re-value possible; because they refuse to let President Obama claim it as his victory and get the credit going into an election year. So my understanding is they are trying to work out some sort of compromise. It does not sound good in terms of timing folks; we better get used to being the pawns of their political chess
RUMOR RUMOR
Posted by Jfetty of the GET Team
Well, you know that you have been in something for maybe too long when all the air just gets blown out of your sail with the slightest turn in direction; the thing is I am not sure if it were a turn in direction or that this was the course all along……….. I spoke with son a close friend of mine today who is a senior aid on a Senatorial Committee and he just returned from Warshington. I do not want to even go into all that transpired there over the last couple of weeks (it would turn even the strongest stomach); but here is the part everyone on these boards wants to know, but does not want to hear. There has been a lot of behind the scenes jockeying concerning the Iraqi Dinar, its’ re-evaluation, the amount of Iraqi Dinar being held by the U.S. Treasury, the amount of Iraqi Dinar being held by private U.S. taxpaying citizens and most importantly who is going to get the credit; And folks that is where the battle lines have been drawn. When President George W. Bush stated that the Iraqi war would eventually not cost America a dime; he was referring to the amount of Iraqi Dinar held by the U.S. Treasury. At that time, the President fully, although gravely misguided, expected before he left office that Iraq would stabilize, rapidly increase oil export and that the Iraqi Dinar would re-value and he would leave office as a triumphant war President. We all know the end of that fantasy; the reality of today. And that reality is that the Republicans (mostly in the House) are refusing to get on board as they absolutely will not agree to certain conditions that will make the re-value possible; because they refuse to let President Obama claim it as his victory and get the credit going into an election year. So my understanding is they are trying to work out some sort of compromise. It does not sound good in terms of timing folks; we better get used to being the pawns of their political chess
RUMOR RUMOR
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