Manhattan

For the record Dax Shepard, who wrote, directed and stars in, "Hit and Run" thinks the IQD investment is absurd. Here's the section of a recent interview where he talks about how some jokes don't work: DS: And some of them, look, they don’t land, and I just stick with them. There was a big section of this that I did cut out. I assumed more people would know about it than did. It was Iraqi Dinar joke,. The guy I race my off-road car with, the navigator is this 50-year-old guy who has bought so much Iraqi Dinar currency, and he really believes it’s going to become worth billions of dollars. I’ve been pitched so many times, the endless potential of a Iraqi Dinar, it’s so absurd to me that people believe this, and so I wrote all of these Iraqi Dinar jokes. http://webcache.googleusercontent.com/search?q=cache:J4UdVEVEJtUJ:www.aintitcool.com/node/57749+Dax+Shepard+dinar&cd=1&hl=en&ct=clnk&gl=us

Excellent ideas and advice Adam. I appreciate you taking the time to pass along this information - it's very helpful. All the best, Manhattan

Thank you Mark, that was very helpful and much appreciated. You are a true asset to the board. All the best, Manhattan

Thanks for the response. The amount given each person would depend on the infamous cash-in rate of the Iraqi Dinar. And not knowing that, I don't have a number. As far as what they do with the cash… I would prefer it be for anything that adds to building a foundation in their life - education, business ideals, real estate, etc. Their parents would be more than happy to police that for them, if necessary.

This has inspired a few questions for me… I plan on giving each of my nieces and nephews a cash gift after the dust settles and I've paid my taxes after the RV. The reason for the delay is due to not knowing the rate which will affect how much I am able to give. I don't feel comfortable handing over a check since they are very young adults and was thinking of setting up trusts for each of them. What might prevent me from doing this is the possibility of a double tax: I pay my taxes from my investment, and then pay again when I fund each trust. Also, I would not want to be the trustee of the accounts preferring to have their parents in that role. Would a Trust for gift purposes be a good fit for me? I've been reading your post for quite a while and appreciate all that you have contributed. Manhattan

Scooter you are a smart, generous man. I have never read an unkind word from you, and I have always looked forward to what you have to say. The amount of time and effort you have put into your presentations to bring clarity to this crazy Iraqi situation has been truly amazing. You have my respect and gratitude. I am saddened that the reward for your giving spirt is to be run out of town by a troll - but I get it. It's our loss and it really sucks. All the best to you, Manhattan

Well said.

Very interesting analysis ENOCH8... we'll see how this plays out. ...and thanks SmokinAce for bring it to the table.

Fear + Narcissism = Brand New Excuse

Love your style of writing Doc. Thanks for transforming your thoughts into interesting conversation. As always, a pleasure. Manhattan

Hey, I already knew that about you. oh and... Go Pack.

I appreciate all the thought that went into the ideas behind Enoch8's post. It seem like a plausible argument. I too am weary of all the hype and rumor as of late, and seek out more posts like this one. Thanks Mr. Rich.

I don't know why but I'm becoming so amused by all this. Thanks for the laugh.

What a world we live in - where kindness and good intentions are rewarded with cruelty. I'm quite sure that any harm to your reputation will be extremely short lived as the truth of who one is can't be denied. All anyone has to do is visit this website and view your post to know what really happened. You made a difference with your gesture, and it is indeed our loss that you have to retreat back into the shadows, but totally understandable. Thanks again for making the effort. All the best, Manhattan

Interesting theory Scooter... Thanks KCT.

I've been baffled about Terry K ever since I first joined this site and started reading his imported chats, but I've never bothered to check out the G.E.T team. Well after today's chat I had to find out just who would let this guy speak out loud, and why aren't they stopping him. So I googled the G.E.T. team... and was surprised to discover Terry K is the G.E.T. team. What's even more disturbing is when you click on his "investment" website the banner picture that pops up is of him dressed in mariachi clothing wearing a giant sombrero with his two investment buddies. I'm still baffled... This is the photo he's chosen to instill integrity for his ideas? I think that photo explains a lot.

"... we all need to take a deep breath ... exit the ride and watch from the ground." I couldn't agree with you more. Thanks Doc.

So sorry for the BS you've had to put up with. Your post and motives ring true to me, and has done more good than you will know. Good luck on the tour.

December 11, 2010 Iraqi PM Unlikely to Form Govt Until Year's End By THE ASSOCIATED PRESS Filed at 7:13 a.m. EST IRBIL, Iraq (AP) — Iraq's prime minister is still seeking Cabinet nominations from the country's top politicians, signaling he likely will not form a new government much earlier than the Dec. 25 deadline, as promised. Nouri al-Maliki had pledged to announce his new government by Dec. 15 and end the political deadlock that began with inconclusive parliamentary elections nine months ago. Al-Maliki appealed for nominations Saturday at a meeting of the Kurdish Democratic Party and said he would still meet the constitutional deadline of Dec. 25 for announcing Iraq's new leadership. The meeting was also attended by Sunni and Shiite Arab politicians with whom al-Maliki has had to create uneasy alliances after his political party fell short of winning the most seats in parliament in the March elections. http://www.nytimes.c...aq.html?_r=1

Phoenix, Yes, I am another person who will miss listening to the conversation you've provided. If you ever change your mind it will be a pleasure to hear voice again. All the best, Manhattan

I must be really tired... but you just made my night. That's so funny.

Thanks Doc... I appreciate your views. Manhattan

No it's actually still here under the post title: Heads UP! November 25th 2010

For some reason this feels right... but, what do I know. The upside of a mid-late December RV is the ability to cash in early in 2011 - instead of this year - so we can all leverage any gains for 15 months before handing over a huge chunk to the IRS.

Thank you Phoenix... I totally agree.