Warka ‘Rule Breaker’ Becomes ‘Rule Maker’
If your like me you know about Warka Bank in Iraq and their front line reputation in opening accounts for foreign companies and private Dinar investors. But what about this rule breaker, rule maker bit you may ask. Allow me to change the subject briefly then tie it all back together for you.
Rule Breaker/Rule Maker explained
Take a look at MicrosoftÒ in the very early 1990’s when AppleÒ owned the patent on what became a billion dollar function in a software application. I’m talking about the ability of a window, in WindowsÒ to be able to over lap other windows.
AppleÒ in a nutshell would allow MicrosoftÒ to create a software application that permitted the user to open multiple windows in one computer screen but AppleÒ owned the patent on the ability of those windows to be able to overlap one another.
What did Bill Gates do? Well we all know he created WindowsÒ and explicitly broke the rules regarding Apple’s intellectual property. MicrosoftÒ grew so fast that they became a rule maker. Dominating the software industry with what became a monopoly in Internet access software.
American ContractorÓ a personal security specialist who blogs right there from Iraq has deadly accuracy when it comes to gathering and broadcasting Iraq investing and Iraq current events intelligence. I’ve chat with him and regularly read his broadcasts for years already. Here is one of American Contractor’s blog post headlines from just over 2 years ago regarding Warka Bank….
“December 14 ‘2007 blog post by http://www.AmericanContractor.com
CEO Al-Warka Bank; Assets and Shares frozen by ISX”
-Courtesy of American Contractor
Sounds a bit scary don’t it,…. It does to me too…. but let us jump from fall of 2007 to March of 2009
Warka Becomes A Rule Maker
Foreign investment revenue for Warka in Iraq in January and February 2009 was under 1 million US dollars per month. When Warka online banking opened in March of 2009 the bank experienced exponential growth that no one would have predicted.
Warka bank foreign investment revenue from folks who want to buy dinar like you and I went from under 1 million US per month to over 1 billion US in march 2009. Just from opening a website that accepts online applications and allows warka online banking in the form of viewing account balances and things of that nature.
Well, what the exponential growth in revenue did for Bill Gates happened with Warka too. Imagine being able to pay off all the law suits that had been brewing before the exponential growth in revenue with money left over to - influence law makers, thus becoming a Rule Maker.
There came a point where President Bill Clinton publicly gave Bill Gates a hug when Mr Gates was hit with a custom tailored change in law that would help level the playing field for competition in the software industry. Bill Clinton didn’t put Mr Gates in jail, he just gave him a hug.
Al-Warka, although I don’t know much about him; Al must be a likable guy to have a monopoly on instant bank machines in Iraq way back in the Saddam Hussein era. Owning a piece of land for a house back then was virtually impossible unless you married a women who had ties to the Saddam regime, or a brother in Saddam’s honourable Republican Guard which would be comparable to the Secret Service in the US.
Owning Dinar in a bank account in Iraq at Warka is not nearly as risky as it was a mere 2 years ago. Opportunity access procedures is something you need to be much more concerned about. How to do, what to do, what not to do, regarding a new Warka account.
Dinar Banknotes are not the only way to own dinar and diversification is key to adding strength to any portfolio.
Written by Darren Chabluk for http://DrDinar.com
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DrDinar specializes in Iraq investing procedures