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Don Paul
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Posts posted by Don Paul
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third week in february
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so **** Chenney's Haliburton Industries, the biggest benefactors of the Iraq "war" move their Headquarters to Dubai to escape the US tax structure, and so they are un-american?
wake up
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Im pretty sure our founding fathers would be appalled at the way our taxes are being used to bail out our rich, fiat money banks
by the way, that snide comment about 'why don't you move there' isn't such a bad idea. You get an 82,000+ tax exemption if you live/work overseas for starters....
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Get well. Take vit C
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I think its a good post. IF it does come in at 27 cents, I would cash some out for some immediate needs and maybe do a non-taxable exchange for some other currencies like Aussie dollar and NEw Zealand and Swiss franc, etc.
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Its all fiat paper money. You'll just be trading one for another... and by the way, the US is just printing dollars like its going out of style
Bottom line, there are other discussions in DV for months talking about how this will be held in exchange for oil purchases and such. Do your homework.
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Medical need/duress will suffice as well... even though it may end up being for plastic surgery :-)
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Just the GENERAL news of IRAQ close to forming an actual government will drive a lot of price speculating. Not rocket science here...
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Its VERY hard to be excited about something and not be able to really talk to a close loved one about it.
Im afraid you will just have to come to Dinar Vets to vent. In these tough times, a lot of spouses wont really understand why
you might spend money on a very speculative investment (call it what it is) but they will sure call you a genius WHEN it does
come in.
The GOOD SIDE of not mentioning it no anyone is this:
1. You wont become a 'mark' when the Dinar revaluates, and very bad elements know you may have money. You'd be surprised who passes on 'information' like this, including and generally in-laws and such. I presently live in a rather dangerous country and information like that will get you killed or one of your loved ones kidnapped.
2. Failures are ophans and successes have many fathers. If you wait till it becomes a success you'll be deemed a genius, and jelousy will also rear its ugly head even then.
3. No one will turn you into the IRS for not paying taxes on windfall for the reward. Even if you are planning to pay your taxes you'd be amazed how your accounts can be frozen based on someone's anonymous tip.
I still remember a shitty jealous neighbor would call the fire department anonymously claiming they knew I had flamable goods in the attic, and that alone got the fire dept to my house during family BBQs in an embarrasing show of neighborly jealousness. The fire dept was by internal rules supposed to check out all such calls without asking questions of the caller. total harrassment by someone who knew how to manipulate the rules.
Do you know what the rules will be when you are on the other side of the fence?
I can assure you, you will feel the arrows comming at your back when this hits, and you'd be better off spending your idle time now making preparations on how you will handle the change without any outwards signs. Im talking mental, physical, financial and life style concerns.
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This is huge. Everybody better have their game faces on the next couple of days. - Bama
Cancellation of the Baghdad Operations Command and the transfer of the security file to the Ministry of Interior
شريط الاخبار | 13-11-2010
Bar News | 13-11-2010
Baghdad / Orr News
A security source had been a high-level cancellation of the Baghdad Operations Command, as well as leaders of the operations in the rest of the provinces. The agency quoted Buratha near the Supreme Council for the source, he said on condition of anonymity, said the security responsibility will be transferred to the Ministry of the Interior, which will be assumed management of the security file in the country.
http://translate.googleusercontent.c...wHlW0PwXsBF1iw
Let me explain. Security is THE # 1 concern in Iraq. Maliki has 30 days to get his Ministers approved or he is not the PM. So why in the heck would you transfer what is in place to put your countries security under the Interior Minister unless there was a new Minister in place? I wonder which group got it. Sadr? I dont think so. Maybe Allawi but who cares it sure looks like Maliki has all his GOI in place and Parliament is passing laws. Here is what they passed to get this done. - Bama
Ministry of Interior (Iraq)
From Wikipedia, the free encyclopedia
Jump to: navigation, search
The Ministry of Interior of Iraq handles policing and border control in Iraq.[1] The MoI consists of several elements, including the Iraqi Police, Highway Patrol, Traffic Department, Emergency Response Unit, Explosive Ordnance Disposal Unit, and Department of Border Enforcement. Pending passage of the Facilities Protection Service Reform Law, the Ministry is preparing to absorb FPS personnel currently spread among other ministries.[2] The MoI has approximately 380,430 employees and the Ministry of Finance approved US$3.8 billion for its 2008 budget, representing a 21% growth over the previous year.[3]
http://en.wikipedia.org/wiki/Ministr...ior_%28Iraq%29
Organization
The FPS consists of more than 150,000 Facility Protection Service personnel and over 26.000 contract security guards who work for 26 ministries, eight independent directorates and the Central Bank of Iraq. Anecdotal evidence suggests that some of them are unreliable and responsible for violent crimes. PM Maliki has announced a reform to consolidate all Facilities Protection Service personnel into a unified organization responsible to the MOI.
http://en.wikipedia.org/wiki/Facilit...ection_Service __________________
"One day your life will flash before your eyes. Make sure its worth watching".
What therefore God has joined together, let no man separate. Mark 10:9
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netdania 7:06 PM CST
Symbol Bid Ask High Low Open Change Time USD/IQD
1,148.7000 1,192.5000 1,148.7000 1,148.7000 1,148.7000 0.0000 07:56 -
thats the point im trying to make.
some people on this board have said that someone told them dinar is a scam.
I would ask them to explain 'scam'. If scam is that the dinar is getting so much attention that people are suseptible to be scammed by something they have heard on the 'rail' about Dinar but havent done their own investigation, so be it. You could replace the word Dinar or say, Gold, or xbling or whatever. It proves even more that the reality of the Dinar is reaching worldwide audience, and that that using the word SCAM along with Dinar has more to do with the UNEDUCATED consumer being scammed to pay more for it, in this case, an incredible 2000% over the going rate to people than the Dinar itself being the problem...
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this is what gives the dinar speculaing the 'scam' flag and generally a bad name... it proves the Iraq Dinar is getting attention worldwide, good or bad - and whenever that happens there are snakes in the grass...
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One of the better, most consice posts I have read in awhile. Thank you for a real perspective.
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World Series comes to Texas. Unbelievable.
I went to one of the playoff games in Arlington. Didnt see but 5 NY fans there...
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why is everyone so intent on forcing BOA to give you either a buy or a sell rate? they stated quite cleartly they dont want to deal with the Dinar for now!!!??
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YOU CAN'T FIX STUPID
BUT YOU CAN VOTE IT OUT..
SAVE AMERICA
RE-ELECT NO ONE IN 2010
> H. R. 4646 Debt Free America
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> I have gone into THOMAS (Library of Congress) and printed out and read all 15 pages of this bill which has been given the "Short Title" of "Debt Free America Act."
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> It is the most socialistic thing I have ever read. Just think, if you deposit $5,000.00 into your checking account or savings account the bank has to take out 1% or $50.00 of that money and send it to Washington. Then, any checks or cash you take out of your bank they will deduct 1% from what is still in the bank and send it to Washington. Total put in the Bank $5,000.00. $100.00 of that, you give to Washington.
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> This bill, spells it out that everyone will pay the Federl Government 1% of their gross income, in addition to the new higher personal income tax rates! And all the new banking 'fees' that OBAMA AND DEMOCRATS have forced onto banks, that the banks have passed along to us, the banks customers!
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> Page 9 states the House and Senate shall convene not later than November 23, 2010 and Page 11 states the vote on passage shall occur not later than December 23, 2010.
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> SEND THIS TO EVERYONE YOU KNOW AND EVERYONE NEEDS TO CONTACT THEIR CONGRESSMAN AND SENATOR AND TELL THEM TO VOTE NO ON THIS BILL.
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> If you don't know who your Congressman or Senator is, go to Google, type in "(your state) Congressman email address". When it comes up, click on "Complete E-mail address for Congress/House, Senate, Governors and get both e-mail and FAX info.
>
> The bill is HR-4646 introduced by US Rep Peter DeFazio D-Oregon and US Senator Tom Harkin D-Iowa. It is now in committee and will probably not be brought out until after the Nov. Elections. Suggest that you pass this along and also to your state senator and representative and US Congressman and Senators.
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> One percent transaction tax is proposed!
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> OBAMA AND DEMOCRATS' finance teams are recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar.
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> This is a 1% tax on all transactions at any financial institution I. E. Banks, Credit Unions, etc.. Any deposit you make, or move around within your account, I. E. Transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged.
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> If you hand carry a check in to deposit, 1% tax charged, If you take cash in to deposit, 1% tax charged. This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn.
> Some will say aw ... it's just 1%
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> --Remember once the tax is there they can raise it at will. This will ADD UP
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> http://www.standard.net/node/44797
>
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JK,
I emailed Ali about this just a couple of days ago. He informed me that he requires two forms of identification (drivers license, passport, credit card, etc) and he will do the exchange from Dinar to Physical gold. I asked him if any other paperwork needed to be filled out.He said no, just the two forms of ID. He will have 1 oz, 5 oz, 10 oz, 20 oz, 50 oz and 100 oz buillion. Personally, if the price of Gold goes down after the RV I'm happy. Gold will eventually go up to 2,500 an ounce in the near future.
Im real curious if going from Dinar straight to Gold might AVOID a taxable event, since you are not cashing into dollars, and thus possibly avoiding a 35% or more capital gains tax versus a possible drop in gold? I very much doubt gold will drop from 1300 to 900 and Im PRETTY sure you'll be paying at LEAST 35% if you trade your dinar for dollars... thats what I call a SWING.... batter batter
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Washington urges Kurds to marginalize the Alliance not to enter the year Moving the United States to change its vision for the formation of the Iraqi government, to seek to persuade the Iraqis to slow steps of forming the government after he was urging them in the past to accelerate its formation, because of fears [...]
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[Currency Newshound / IQD News] Negotiations between the Kurds and Maliki are already at a relatively advanced stage. Officials with Maliki’s State of Law coalition say they are ready to agree to almost everything on a list of Kurdish demands, including guarantees they would implement an article of Iraq’s Constitution that Kurds hope will give them control of the disputed oil-rich city of Kirkuk.
http://www.iranreviews.com/la_times_us_now_urges_iraqis_to_take_their_time_in_forming_-archive.html
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OOPS...don't forget the EXPAT tax. if you choose to give up your citizenship, it starts with your last 5 years of returns to be redone...then pay that amount, then you'll owe taxes for some more years....it's not easy to get away...
there is however about an 82k per year exemption. i think UK taxes its expats also, but not to the same extent.
I just heard most countries are increasing their residency requirement times. Uruguay is thinking of also having any expats living there pay taxes on out of the country income as well.
in mexico city there is a 3 month wait to go turn in your US citizenship at the US embassy. there are 500k americans living in mexico alone...
I dont think uncle sam likes it
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Got a quote over the phone of 0.0010552 and just went over there, opened a free checking account, and they will not charge any fees (as long as you purchase at least $250 worth) as long as you maintain at least a penny in the account. 250k FDIC insurance on their accounts too.
They guarantee the rate at time of purchase.
2 day shipping
This was the branch at Forest and Tollway. Ask for Paul Bruckhoff 972 364 5435 paul.bruckhoff@capitalonebank.com
Great guy to talk to. Big bank with small bank service. He said he probably would buy some too.
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Dinar Trade said they will have a cashout office in UK. I believe he said London
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http://www.prweb.com/releases/offshore/banking/prweb4622164.htm
Las Vegas, NV (PRWEB) October 13, 2010
BB&M International Corporation, an offshore banking company, is pleased to announce its recent partnership with Warka Bank for Investment and Finance, one of the largest financial institutions in Iraq.
BB&M International and its CEO, William Burbank, received the following endorsement from Mohammed Kamal Issa, Managing Director for Foreign Businesses at Warka Bank:
“Mr. William Burbank is a VVIP customer of our Bank and has been for the last three years. BB&M International Corporation has operated its AmIraq Fund LP through our bank and is in compliance with all regulations and licenses needed to operate in Iraq. Mr. Burbank holds a seat on the Iraqi stock exchange and is capable of CDS and stock trading as well as Forex trading through the AmIraq Fund LP. We hold Mr. Burbank and his company in the highest regard.”
Through the partnership, BB&M International is now able to offer offshore institution-branded Visa and MasterCard credit cards. Issued in Iraqi Dinar or USD, the offshore credit cards can be used to convert to most currencies at the exchange rate set by the CBI (Central Bank of Iraq) that day. Interest bearing Visa or MasterCard accounts are available ranging from 5%-9% APR.
“We are very excited to be able to offer our investors this option,” Burbank says. “When it comes to offshore banking, being able to access your funds whenever needed is priceless. BB&M International facilitates this need by now offering interest-bearing offshore bank credit cards. Your card will be issued from Warka Bank in Iraq. These institution-branded high interest offshore credit cards offer payment flexibility and convenience to today's offshore investor.”
These accounts earn up to 9% per annum on the 90-day Certificates of Deposit they offer for sale if you hold a current or savings account. The Central Bank of Iraq offers much more with 180-day Treasury Bills, which yield up to 14%. Why the high rate of return? “The Iraqis have made their currency of no value outside their own country, although the paper money does trade in Dubai,” Burbank says.
Burbank says now is the time to make investments in Iraq. “People don’t realize that despite the war, Iraq is actually a boomtown for interest rates. There is a very large return on investments in Iraqi Bonds and Treasury Bills.”
According to Al Jezerra newswire, there are approximately twelve private banks thriving amid the absence of a government at this time in Iraq. The top four have already sold up to 49% of their stock to western banks in return for modernization like Visa and MasterCard debit cards attached to dinar/dollar accounts. Bank of America owns Trade Bank along with Wells Fargo and four other banks from the U.S. HSBC owns half of Dar Es Sallam Bank. Many banks worldwide are making deals in Iraq. “The only people being left out are the average citizens,” Burbank says.
He explains, “The food and stuff needed to carry on an average day in Iraq must be paid for in dollars, which can be borrowed from Trade Bank of Iraq, a U.S.-owned bank that sells letters of credit in dollars for oil futures. The rest must be borrowed by investors brave enough to open an account in Baghdad and reap the profits, which are unmatched in richness in the western world.”
About BB&M International Corporation
BB&M International (http://www.bbmone.com) is a robust firm focused on international business ventures, primarily in the Middle East. The company’s expertise and tenure in the business law and practices of the Middle East have allowed it to assist many successful investors.
Contact:
William Burbank
BB&M International Corporation
(619) 400-9063
bbm(at)onebox(dot)com
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Feeling Like A Fool
in RV & Dinar Questions
Posted
My added 2 cents.
After looking and hearing all the 'gurus' its is a fact that their predicted rates and/or rumors are 100% wrong. Im not sure the types like TerryK are serious pumpers or what, but taking responsibility for your/my own actions I would like to add the following:
1. It is logical that the GOI needs to be totally formed and settled for this to happen. Its not quite there yet, but it DOES seem to be working in that direction.
I have lived in third world countries, and no, they dont know how to work together because of prevalent corruption. You could say that about, guatemala, mexico, etc. Its the same in all those countries, and in my opinion probably worse in Iraq since they are fairly new to democratic process.
2. It looks like all outside influence doesnt affect their process. Forget timelines of IMF, etc. It will happen when it does and no sooner.
3. Check news about twice a week and forget it otherwise.