This week's Douchie goes to Delta, Frank Villa's Arab (?) translator and co-pumper. In a conference call on Monday Delta made the following statements:
"I was told that they (Iraq) have pretty close to $2 trillion"
Told by whom, Frank?
"You need to ask yourself, if they have this kind of backup and you have all this money ... then why don't you revalue?"
Why indeed? Maybe because they don't have anywhere near $2 trillion.
"We all know they have currency printed out to come out right away even if they say they're gonna print more."
We know no such thing. We've been told for a couple of years at least that they were printed but nobody has ever been able to produce one stinkin' photo.
"They have right now the 50, the 100, the 200 printed to go out and the 1 dinar, the 2 dinar. So if they come out right now 1:1 that's the only thing you'll find they need."
They've already got a 50, Delta. If they come out with a new 50 at 1:1 that's a lop, guy.
Then speaking about American Contractor he said:
"Most of his information is not true."
Unlike your information which is always rock solid. Remember when you said your contact said they would RV before the summit last month?
"There is no bad news at all."
Really? The street value of the dinar is going down. The money supply jumped 20% last month. There's ongoing tension between Maliki and Shabibi. That's all good news for the RV I guess.
"Inflation has gone up to 8.3%. That's gonna be a big disaster if they don't do anything."
I agree. And what they've done in the past to combat inflation is make small adjustments to the exchange rate to bring it down. So look for another 4 pip spike soon. Come on 1162!!!
This is the second week in a row the Douchie has gone to somebody who attacked American Contractor. Whether you like it or not folks, AC has been telling us for a couple of years that there's no substantial RV on the horizon and things are progressing in Iraq at a snail's pace. So far he's been as accurate as anybody about the developments in Iraq. Nobody's perfect, but given the track record of the likes of Frank and Delta the man known as American Contractor comes across as freakin' Nostradamus.
One final note. This week a former Douchie recipient decided to hang it up. Apparently his conscience got the best of him. Kudos to Bear5642 for recognizing that he was hurting people and needed to walk away. Here's hoping many more will either grow a spine or discover a conscience of their own.
10:09:21] BEAR5642: AFTER PRAYER AND CAREFUL CONSIDERATION I HAVE DECIDED TO TAKE A BREAK FROM THIS VENTURE. I AM NOT GIVING UP ON THIS INVESTEMENT I KNOW WITH ALL OF MY HEART AND I KNOW THEY WILL REVALUE. AFTER SPEAKING WITH SCOTTI THE PAST FEW DAYS I HAVE MADE THE DECISION TO STEP AWAY. AS A MINISTER I CAN NO LONGER BE APART OF THE LIES AND ACTUALLY TAKING PART OF SEEING SO MANY PEOPLE DISSAPOINTED DAY AFTER DAY WITH HEART BREAKING NEWS OF NO RV. I WILL STAND BEFORE GOD ONE DAY AND I WILL ANSWER FOR WHAT I’VE SHARED. I DON’T LIE OR FABRICATE ANY INFO! I FEEL IN MY HEART THAT NO ONE WILL KNOW WHEN IT WILL HAPPEN AND I WILL FOCUS MY ATTENTION ON MY RELATIONSHIP WITH GOD, JESUS, THE HOLY SPIRIT AND MY FRIENDS AND FAMILY. I LOVE THIS FAMILY IN OOM AND IT BREAKS MY HEART TO SEE THE DISAPOINTMENT DAY AFTER DAY. I WILL ONLY COME IN HERE IF STILL PERMITTED TO SHARE SOMETHING THAT IS TRUE AND I KNOW WILL HAPPEN. I LOVE EACH AND EVERYONE OF YOU AND A WORD OF CAUTION TO THE PEOPLE WHO BEAR THE MARK OF A CHRISTIAN DON’T POST IF YOU CANNOT BACK IT UP. IN HIS SERVICE BEAR 5642 GOD BLESS YOU
:11:58] BEAR5642: IT IS A SEASON I MUST TAKE TO CLEAR MY MIND AND HAVE THE RIGHT AND ATTITUDE AND I JUST DON’T WANT TO DISAPOINT OR BE DISAPOINTED ANYMORE WITH BOGUS INFORMATION