marcuscurtis

Before I continue I need to say that what happened to theLiberty was indeed a tragedy. Not only was this a sad thing, but Americanmilitary men lost their lives which always makes me mournful. That being said, your implications that the liberty was just sitting there minding its own business in international waters on a Sunday stroll and paying no attention to the ongoing War they were surrounded in is naive and ludicrous. maybe I am wrong, but I sense a bit of anti-Semitism so for this reason I felt compelledto address this. I took the time to watch that video and others like it to see their point of view. So now let’s address this. The setting Israel was about to be attacked by 5 Nations. One of these nations was Egypt. This nation was armed to the teeth with Russian weapons and tanks. They had Subs and ships as well. Israel was vastly outnumbered and no one expected that they would survive. The United States made a promise of protection in exchange for Israel’s withdraw from the Suez Canal in 1956, but the US failed to deliver on that promise. Israel not only survived but on their ownthey won that war in 6 days. They were vastly out numbered and out gunned. The following is according to Wikipedia. On the eve of the war, Egypt massed approximately 100,000 ofits 160,000 troops in the Sinai, including all of its seven divisions (four infantry, two armored and one mechanized), four independent infantry brigades and four independent armored brigades. No fewer than a third of them were veterans of Egypt's intervention into the Yemen Civil War and another third were reservists. These forces had 950 tanks, 1,100 APCs and more than 1,000 artillery pieces. At the same time some Egyptian troops (15,000–20,000) were still fighting in Yemen Syria's army had a total strength of 75,000 and amassed them along the Syrian border. Jordan's army had 55,000 troops and 300 tanks along the Jordanian border, 250 of which were U.S. M48 Patton, sizable amounts of M113 APCs, a new battalion of mechanized infantry, and a paratrooper battalion trained in the new U.S.-built school. They also had 12 battalions of artillery and six batteries of 81 mm and 120 mm mortars. 100 Iraqi tanks and an infantry division were readied nearthe Jordanian border. Two squadrons of fighter-aircraft, Hawker Hunters and MiG21, were rebased adjacent to the Jordanian border. On June 2, Jordan called up all reserve officers, and the West Bank commander met with community leaders in Ramallah to request assistance and cooperation for his troops during the war, assuring them that "in three days we'll be in Tel-Aviv". The Arab air forces were aided by volunteer pilots from the Pakistan Air Force acting in independent capacity, and by some aircraft from Libya, Algeria, Morocco, Kuwait, and Saudi Arabia to make up for the massive losses suffered on the first day of the war. By June 10, Israel had completed its final offensive in theGolan Heights, and a ceasefire was signed the day after. Israel had seized theGaza Strip, the Sinai Peninsula, the West Bank of the Jordan River (including East Jerusalem), and the Golan Heights. Overall, Israel's territory grew by a factor of three, including about one million Arabs placed under Israel's direct control in the newly captured territories. Israel's strategic depth grew to at least 300 kilometers in the south, 60 kilometers in the east and 20 kilometersof extremely rugged terrain in the north, a security asset that would prove useful in the Yom Kippur War six years later. Now let’s talk about international waters. Wikipedia defines it this way. Territorial waters, or a territorial sea, as defined by the 1982 United Nations Convention on the Law of the Sea, is a belt of coastal waters extending at most 12 nautical miles (22 km; 14 mi) from the baseline (usually the mean low-water mark) of a coastal state. The territorial sea is regarded as the sovereign territory of the state, although foreign ships (both military and civilian) are allowed innocent passage through it; this sovereignty also extends to the airspace over and sea bed below. The term"territorial waters" is also sometimes used informally to describeany area of water over which a state has jurisdiction, including internal waters, The contiguous zone is a band of water extending from the outer edge of the territorial sea to up to 24 nautical miles (44 km; 28 mi) from the baseline, within which a state can exert limited control for the purpose of preventing or punishing "infringement of its customs, fiscal, immigration or sanitary laws and regulations within its territory or territorial sea". Oceans, seas, and waters outside of national jurisdictionare also referred to as the high seas. Ships sailing the high seas are generally under the jurisdiction of the flag state (if there is one) however,when a ship is involved in certain criminal acts, such as piracy, any nationcan exercise jurisdiction under the doctrine of universal jurisdiction. Ok, Got that? Now the liberty was attacked on June 8th three days before the cease fire. At the time of the attack the liberty was located north of the Sinai Peninsula, about 25.5 nmi (29.3 mi; 47.2 km) northwest from the Egyptian city of Arish. within the Contigous Zone. Now Let’s see what Wikipedia says about the liberty. According to Israeli sources, at the start of the war on June 5, General Yitzhak Rabin (then IDF Chief of Staff) informed CommanderErnest Carl Castle, the American Naval Attaché in Tel Aviv, that Israel would defend its coast with every means at its disposal, including sinking unidentified ships. Also, he asked the U.S. to keep its ships away from the shore or at least inform Israel of their exact position. With the Liberty in international waters and gathering intelligence, the United States did not provide any information about its location. On the night of June 7 Washington time, early morning on June 8, 01:10Z or 3:10 AM local time, the Pentagon issued an order to 6th Fleet headquarters to tell the Liberty to come no closer than 100 nmi (120 mi; 190km) to Israel, Syria, or the Sinai coast With the outbreak of war, Captain William L. McGonagle of the Liberty immediately asked Vice Admiral William I. Martin at the U.S. 6thFleet headquarters to send a destroyer to accompany the Liberty and serve as its armed escort and as an auxiliary communications center. The following day, June 6, Admiral Martin replied: “Liberty is a clearly marked United States ship in international waters, not a participant in the conflict and not a reasonable subject for attack by any nation. Request denied.” He promised, however, that in the unlikely event of an inadvertent attack, jet fighters from the Sixth Fleet could be overhead in ten minutes. (This was just plain stupid) Meanwhile, at theUnited Nations, and in response to Arab complaints that the U.S. and British were supporting Israel in the conflict, United States Ambassador Arthur Goldberg announced that the U.S. forces were hundreds of miles from the conflict (So the US had one ship in a region that was at war and that was a surveillance ship and it had no armed escort) In May 1968, the Israeli government paid US$3,323,500 (US$21million in 2011) as full payment to the families of the 34 men killed in the attack. In March 1969, Israel paid a further $3,566,457 in compensation to the men who had been wounded. On 18 December 1980, it agreed to pay $6 million assettlement for the U.S. claim of $7,644,146 for material damage to the Liberty itself. In Conclusion The Israelis acknowledged the mistake within hours, apologizedand eventually paid full reparations. The incident is still studied today at US Naval College as a textbook example of 'friendly fire'. Consider that the UK had more troops killed by US friendly fire in the 1991 Gulf War than died in contact with the Iraqis. The following wiki links are provided for fact checking. The last link provides a detailed history of Israel from the time they became a nation in 1948 up until present time. Click on the wiki links andr ead through the visual contact section about the liberty and you will see what really happened! Link 1 Link 2 Link 3 Link 4 Link 5

It has been a while since I have logged into DV. I have been reading what people post more than anything else. While I have not yet watched the video from the person you quoted above you should know that It is painfully obvious you don’t have all the facts. Therefore I felt compelled to respond and correct a few things. First and foremost the attack on the liberty took place during the six day war. Before the six day war there was the Sinai Campaign As described in Background of the Sinai Campaign, thec ontinued blockade of the Suez Canal and Gulf of Aqaba to Israeli shipping, combined with the increased fedayeen attacks and the bellicosity of recent Arab statements, prompted Israel, with the backing of Britain and France, to attack Egypt on October 29, 1956. The Sinai Campaign of 1956 (Operation Kadesh) was aswift, sweeping operation of 100 hours, under the leadership of then Chief of the General Staff, Moshe Dayan, with the result that the entire Sinai peninsula fell into Israeli hands, at a cost of 231 soldiers killed. Israeli Ambassador to the United Nations Abba Eban explained the provocations to the Security Council on October 30th The diplomatic reason for the raid was to threaten the Suez Canalto give the French and the British the pretext they needed to go in and“protect” the canal. Twice there was a UN resolution to a cease-fire and twice France and Britain veto’s it. A cease-fire was finally agreed to in November. Dwight Eisenhower Guarantees the shipping lanes for Israel. The USA and Soviet presser on Israel forces make Israel withdraw without a treaty. They only had the promise of protection by the United States Due to the fact that Israel was at war during this 6 days it had to defend itself, but here is the part that was left out. During this war we were supposed to come to Israel’s defense due to the treaty from the Sinai Campaign under Eisenhower. But under Johnson no such protection was provided. In-fact when it came to the treaty the white house claimed it could not find the paper work. In addition to this the liberty was not an ordinary ship. It was a highly classified surveillance ship. It had gained Intel on the location of all the Israeli forces and was passing this information on to Britain. In addition to this Britain was passing the info on to the Arabs. The ship also failed to identify itself to the Israelis. So Israel new it was passing information of some sort and they took out the ship which they formally apologizedfor later. If they had not done this then Israel would be no more and the nation would have been removed from the map. The USA failed in its agreement to protect Israel and they had to defend themselves. You’re right about one thing. Your statement, “ friends like these who needs enemies?” However I would venture to say that applies to us more than it applies to Israel You would do good to learn some early history about Israel. So for your benefit I am providing the following link. Link 1

great quote. It really sums it all up. we really need to follow which representatives endorses anything like this and vote them out of office!!

I will pass it on to Jerry next time I talk with him

http://iqd.me/l/11's information is bogus. I believe he has an agenda let me show you some other emails this guy has sent out with responses. This comment is from Michael, Good evening Mr.Curtis. I think your blog is excellent! I got this email today from this David http://iqd.me/l/11 guy. He says that it is now illegal to sell IQD outside Iraq according to the CBI? What are your thoughts on this one please? Dinar Investors, The following statement is a response from the Iraqi Embassy in Washington and I feel I should pass it on while waiting for more specific information. Thank you, David http://iqd.me/l/11 Fri, January 14, 2011 9:22:40 AM Clarification on Iraqi Monetary PolicyFrom: amjad jaafer View Contact To: XXXXXXXXXXXXXX Cc: commercial attache ——————————————————————————– Dear Sir, Thank you for contacting the Iraqi Commercial Attache in Washington DC. Reference to your inquire we would like to inform you that as of now it is illegal to sale Iraqi currency outside Iraq. You can visit Iraq central bank website (http://www.cbi.iq/arabic/index.html) to get more details about Monetary policy in Iraq. Thanks From: David http://iqd.me/l/11 Date: Wed, 12 Jan 2011 16:37:22 -0800 (PST) To: Subject: Fw: Clarification on Iraqi Monetary Policy Gentlemen, Forgive me for sending in a second request for the information I requested only hours ago below. This information is extremely important and considered urgent by many and I am trying to assist them . I appreciate your allocating time to helping us. Thank you again. David http://iqd.me/l/11 David http://iqd.me/l/11 xxxxxxxxxxxxxx —– Forwarded Message —- From: David http://iqd.me/l/11 To: coxxxxxxxxxxxxxxxx Sent: Wed, January 12, 2011 12:40:33 PM Subject: Clarification on Iraqi Monetary Policy Dear Sir, I would like to have information regarding the current policies of the Iraqi Government and Central Bank of Iraq concerning the Iraqi Dinar and whether it is legal or illegal according to the laws of the government of Iraq to have the Iraqi Dinar currency outside the borders of the country of Iraq in any way at this time. A clear statement of the facts regarding the Iraqi Dinar paper currency and the rules and regulations those in possession of it should be aware of would be sufficient. If you could have my request answered quickly with the response written on your letterhead, then scanned and e-mailed back to me at this address as soon as possible I would be very grateful. Thank you for your prompt attention to this matter. Very Sincerely Yours, David http://iqd.me/l/11 xxxxxxxxxx Director AMERAQ Exchange and Services Group Wow Really????? This was my response. It is not Illegal to sell or purchase dinar outside Iraq. Ask your self one question. Who would gain from such a rumor? Before I address this let me tell you why it is not illegal. First executive order 13033 makes it legal for us to invest in Iraq. This includes holding, purchasing, and selling dinar. Second if such a law exist customs would not allow the dinar dealers to import the dinar. Third Dinar dealers have a license called MSB. This stands for Money Service Business. This is issued by the department of treasury. Most reputable dinar dealers have this license. If they were doing an illegal act, the treasury would shut them down. http://www.fincen.go...teselector.html http://www.dinartrad...us_treasury.htm I had some friends contact the FBI concerning the legality of this and they said that there are scams concerning the dinar, but the dinar itself is not a scam. They also said that dinar trade is not doing anything Illegal. The other currency dealers such as Dinar banker are also legal regarding their transactions. ( note this was written while dinar trade was still doing business.) There are some interesting points regarding this email. First to prove this law they put a link in for the CBI in Arabic. There is an exact version of this website in English, You can look up the laws regarding the CBI in English from their own site! Here is the link. Link 1 Nothing in this link even mentions this law. There are new laws in place regarding money laundering using the dinar. Basically this practice is done to avoid paying taxes. It does not say that it is Illegal to hold or sell dinar outside of Iraq! Link 2 It seems that Mr. http://iqd.me/l/11 is spreading this rumor in an effort to get people to open up an account with his US dinar bank. This whole thing wreaks of scam. A few months back bankers from Warka bank in Iraq said the same thing in an interview in an effort to increase their deposits. The whole thing was debunked in later articles. Now that this motive has been revealed let us dig deeper. This comment is from Diesel Marcus thanks for the information, it is much appreciated. In regards to David http://iqd.me/l/11 et al. I had about an hour long conversation with an employee of that business. I must say they made a compelling argument and I was sorely tempted to initially invest with them. That is until they dropped the bombshell. I asked if there are any fees associated with the ‘fund’ that I was to invest in. Essentially what happens is you sign an agreement with the company stating that you give US Dinar Banker all rights to your money and that they have controlling interest on said funds. So basically they can do with it as they please. There is a 2% fee for managing the funds, but there is a 2% interest rate given by Warka Bank in Baghdad, so that is a wash. Lastly, whenever you want to withdraw your money, that being pre or post RV there is a 20% FEE. So, if it does RV, lets play pretend for a moment, and its 1 USD for 1 IQD and you have a million in Dinar. Then the group from US Dinar Banker would get $200,000 of YOUR money. So, the scam isn’t the Dinar Dealers selling you currency, it is these guys. FYI. Thank you Diesel for your insight. Now that everyone knows the source of the rumor and why these people are saying this. Now let me explain why this will not be the case and settle the matter once and for all Link to debunk http://iqd.me/l/11 It is my opinion that this guy is using fear tatics to get people to invest their dinar with him. I do not trust him. a 20 percent fee for holding dinar is pretty steep. It is his goal to get you to believe that all is lost unless you let this man hold your dinar. Now you see his motive!!

Here are portions of an article I wrote for Jerry Robinson. This article covers problems with 401k and the possibility that the Government will change everything regarding IRA's and 401ks. If you have one of these accounts keep a watchful eye on government future legislation regarding these plans. TULSA, OK , May 2 - I remember reporting to work for the first day on my new job in 1991. Shortly after that first day I was sent to an orientation. In this orientation, they began to talk about the miracle of compound interest. At the time, I really did not know what I was doing. I signed up to the 401k plan and chose from eight fund types. I had to pick where my contribution was going. There were a few stock funds and a few bond funds. Everything was labeled low risk, medium risk, and high risk. For every dollar I put in, the company would match 50 cents. That was an immediate return on my investment. Good deal, right? Just a few years later we negotiated a new work contract. Now we got a dollar for dollar match on the 401k, up to 7 percent. My thinking was to invest 7 percent and get the full dollar return. In addition to this, the company had a profit sharing account. Every year we would get a contribution, as long as we made a profit. The money was put into a separate account and it was subject to the same rules as the 401k account. I had to pick the funds for the profit sharing money as well. Over the next 17 years, I accumulated very healthy 401k and profit sharing accounts. I got to a point where most of my retirement goals were met. I was even going to exceed some goals. There were a tremendous amount of rules that governed these accounts. I could not just put the contributions into any fund in the stock market or the bond market. I could only place it in the funds from the list that the company provided. I did not have access to this money. The only way I could get the funds was to quit my job. I could take a loan out against the funds, but that would affect how much money my funds would earn. It got to the point where the interest earned was greater than my contributions. I really did not care about the rules that were placed on the 401k and the profit sharing accounts, because I was making money and everything was fine. In 2008, our country went through a major financial meltdown. I stood there and watched 17 years of savings diminish. Half of my 401k was gone and my retirement plans went out the window. In September of 2008, I stopped my 401k contributions. At that point, I thought I was going to lose everything and I did not want to put money into a sinking hole. The main problem I experienced was that I could not put my money into the funds that were doing well. I did not have access to commodity funds like oil, gold, and silver. Even the low risk funds were taking a beating. I was powerless to stop my wealth reduction. The rules handcuffed me from taking any action. I could not even close my accounts and roll the money over to a Roth IRA. I had to quit my job to gain access to the funds. I realized that some other plan was needed. The company decided to increase the number of funds available to us, so now we were up to fifteen funds. Some mutual funds were removed and others were added. I just thank God that I did not have any money in Merrill Lynch. Those poor people lost so much. It would take me three years of closely monitoring funds and transferring money to regain just a portion of what I had lost. There were a whole new set of rules attached to the 401k accounts. Some funds stated that if you withdrew money and stopped contributing, you had to wait 30 days before you could transfer money back into that fund. Each fund had its own set of rules. For these reasons, in 2008 I started to invest outside of my 401k and profit sharing accounts. It seems that having one iron in the fire was not a wise thing to do. The rules that tied my hands made it very hard to regain anything that was lost. I needed more control over my money and my accounts. I started buying precious metals and foreign currency. I started saving money. And for the first time, I started to do something about my debt. I put principles in place that I learned from Jerry and other people. I took a crash course in economics. I was reading book after book, and visiting many websites. I took control of my own financial education. The funny thing is, I hate money. I don’t like the fact that we need it in today’s world for anything. But, even more, I don’t like being robbed of my hard-earned wealth. It was high time I took responsibility for my financial well-being. For the sake of my family, this needed to be done. I never went back to contributing to my 401k. Today I just manage the funds that are still within it. I thought about contributing once again, until I discovered what was going through Congress in the fall of 2010. According to the Republicans, the Democrats were targeting private retirement accounts like 401ks, 401bs, and IRA’s. Teresa Ghilarducci, Professor of Economic Policy Analysis at the New School for Social Research in New York, had come up with a plan. She proposed that the government eliminate tax breaks for 401ks and similar retirement accounts such as IRAs, confiscate workers’ retirement plan accounts, and convert them to universal Guaranteed Retirement Accounts (GRAs), managed by the Social Security Administration. Democrats held hearings on this in 2008 and now in 2010 she had the ear of two Senators. She was quickly dubbed the most dangerous woman in America. http://en.wikipedia....esa_Ghilarducci I have read information that says Europe is considering the same approach. One article has even said Europe started to confiscate private pension funds. http://washingtonexa...s#ixzz1A29z89gc The basics of Ghilarducci’s plan are that employees would make mandatory contributions equal to at least 5 percent of their earnings. Those contributions would be offset by a $600 federal tax credit per year. The Social Security Administration would handle account management for GRA’s. The tax code would change regarding 401ks, IRAs, 401bs, and pensions. The tax breaks would no longer be allowed for these plans. Participation is voluntary. Hmm, where have I heard that before? First and foremost, everyone knows the bankrupt state of Social Security. I could see combined legislation as a plan to “save Social Security and secure your retirement”. The only problem is Congress will spend the money going into these accounts, much like Congress spent most of the money going into the Social Security system. Would my family receive the money I contributed if I died? This is not even talked about. This is not a solution to the problem. You think it can’t happen here? Fast forward two years from the hearings in 2008 to 2010. You have Democratic Senator Tom Hawkins from Iowa and Independent Representative Bernard Sanders of Vermont through Health, Education, Labor, and Pensions (HELP) considering details of this plan. Ghilarducci has some backing for this plan in Washington and that is scary. Republicans have jumped on this and said that the Democrats, under this plan, want to confiscate your 401k but, as awful as all this sounds, confiscating 401k accounts and converting them to GRAs is not part of her plan, at least not for now. In the short term, this would be voluntary. What about long term? Herein lies the problem. There is just no way to preclude the possibility of a forcible conversion of 401ks to GRAs. Have we learned anything from history? Talk emerged from the Republicans that this was on the books in the lame duck session of 2010. It was never really brought to the floor of the House or the Senate. My guess is there was not enough support. I am sorry. I forgot to supply the link. here it is. http://ftmdaily.com/...y-401k-dilemma/

Here is an article from my good friend Jerry Robinson "The Mad Scramble For Iraq's Oil reserves" Jerry's information is well resourced and deeply researched. I have had the honor of being a guest writer on his website. He covers many topics. His research on Iraq and oil is some of the best I have seen. It is also easy to verify. In 2000, as I have stated in a previous article, the Iraqi government officially announced a bold new initiative to price its oil sales in Euros, not U.S. Dollars. Here’s a report from November 1, 2000. CNN reported on the news as well here. By late 2002 and early 2003, the preparations for the Iraq war were well under way. By June of 2003, Iraqi oil returned to being priced in the U.S. Dollar. In the build-up to the war, the U.S. sought international support. However, several nations publicly expressed opposition to the invasion. China, Russia, and France were among these nations. Many in the American media portrayed these nations as sympathizers, and even supporters, of terrorism due to their hesitancy to invade Iraq. However, what the media failed to mention was that these nations had existing oil contracts with Iraq that would be endangered in the event that the West gained control of Iraq. In an October 2002 interview with the Observer UK, a Russian official at the United Nations stated: “The concern of my government is that the concessions agreed between Baghdad and numerous enterprises will be reneged upon, and that US companies will enter to take the greatest share of those existing contracts… Yes, if you could say it that way – an oil grab by Washington.” Prior to the invasion of Iraq, Russia was owed billions of dollars by Iraq and had billions more in contracts. Together with France and China, Russia stood to gain billions in future oil contracts when, and if, sanctions were lifted against Iraq. In a separate 2002 news article entitled, “After Saddam: All Bets Are In,” Samer Shehata, a Middle East expert at the Center for Contemporary Arab Studies in Washington, was interviewed regarding the situation. “Russia, China, France have the highest stakes in the Iraqi oil industry,” Shehata said in an interview. “Once Saddam is out, everything becomes null and void and there is no legal authority to enforce those claims.” Then, she said, “the U.S. oil industry will post a major challenge to Saudi Arabia’s position as market leader.” Iraqi Oil For the West? Since the Iraq invasion of 2003, much has transpired. Of particular interest is that within weeks of the invasion of Iraq, all Iraqi oil sales were switched from the euro – and back to the U.S. dollar. Think about this. If Iraq was not ultimately about oil, then how ridiculous is it that a nearly bankrupt nation like America could spend hundreds of billions of dollars on “spreading democracy” to foreign nations, like Iraq, when our own nation is in a steep economic decline? How are the American people able to afford such an altruistic foreign policy? And finally, since when has America become so interested in giving American lives and dollars for the benefit of foreign nations with nothing in return? Speaking of which, what could Iraq possibly offer in return to America? Perhaps Vice-President Cheney answered that question best when he said in a 1999 speech at the Institute of Petroleum: “The Middle East, with two thirds of the world’s oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow.” It is obvious to any casual observer that the U.S. is in desperate need of secure sources of foreign oil that it can depend on in the future. Interruptions to America’s oil supply could be devastating in the coming years, as global oil supplies tighten due to growing demand and declining supplies. Finally, consider Republican Senator Charles Hagel’s rather blunt statement given in a 2007 speech at the Catholic University of America regarding the true purposes behind the Iraq War: “People say we’re not fighting for oil. Of course we are,” said Hagel. “They talk about America’s national interest. What the hell do you think they’re talking about? We’re not there for figs.” A Growing Move from Petrodollars to PetroEuros As the petrodollar system begins to break down, there will be a shift away from the U.S. dollar and towards another stable currency. Based upon recent events, the new currency of choice for many oil-producing nations could be a basket of currencies, instead of a single one. In 2002, Iran began making plans to move its oil sales away from dollars and into euros. Iran was soon listed on Washington’s ‘axis of evil.’ By 2007, Iran had completely moved all of its oil sales from dollars to euros – and some yen. Washington has remained silent on this issue and instead has begun to seriously question Iran’s nuclear capabilities. This is almost an exact mirror of Washington’s approach to pre-stages of the Iraq war. In 2002, North Korea decided it would begin using the euro instead of the dollar for all of its purchases. North Korea is also a proud member of Washington’s ‘axis of evil.’ And today, OPEC appears to be seriously considering moving all its oil sales from the dollar to the euro. Of course, this would be devastating to U.S. attempts to maintain its grip upon global hegemony. Secret Memos Exposed By Wikileaks Finally, a recent release of government documents by Wikileaks has been particularly damaging to the case that the Iraq war was not motivated almost solely by oil. Here’s a link to a recent report that will give you food for thought. Next week, I will conclude this series with some observations. Here at FTMDaily.com, we are working hard to create solutions for you during these difficult times of economic crisis. We invite your feedback and comments on how we may serve you better. Feel free to contact me directly at jerry@ftmdaily.com. http://ftmdaily.com/...odollar-system/

This post was mainly meant to be my analysis of the speech Dr. Shabibi gave to the Us Chamber Of Commerce. It is his own words regarding the Subjects of Removing the currencies with 3 zeros, His belief in a fixed rate to provide stability, his downplay of a redenomination, and many other comments. Where I base this analysis. Watch the videos and make up your own mind. I would be interested in reading anyone’s point of view on this matter. His constant talk of monitoring the exchange rate and adjusting it accordingly gives suspicion to a multi-tiered RV. Here are the links Yes it is true they do not have a dinar base to cover their budget. And it is true that oil sales cover most of Iraq’s budget. I’m sorry. I was under the impression that everyone knew this. You missed my point. I was not saying that Iraq’s currency paid for the budget nor was I trying to imply that Iraq has enough currency in circulation. I know they need their oil revenue to exceed their budget. I was simply doing a comparison. I thought the points you raised were common knowledge. Probably my mistake. Iraq does have a dollarization problem. That is two currencies in circulation. Have you ever wondered what impact that would have on the revalue of their currency? What is dollarization? Dollarization occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency. The term is not only applied to usage of the United States dollar, but generally to the use of any foreign currency as the national currency. Official dollarization has gained prominence as several countries have considered and implemented it as official policy. The major advantage of dollarization is promoting fiscal discipline and thus greater financial stability and lower inflation. The biggest economies to have officially dollarized as of June 2002 are Panama (since 1904), Ecuador (since 2000), and El Salvador (since 2001). As of August 2005[update], the United States dollar, the euro, the New Zealand dollar, the Swiss franc, the Indian rupee, and the Australian dollar were the only currencies used by other countries for official dollarization. In addition, the Turkish lira, the Israeli shekel, and the Russian ruble are used by internationally unrecognized but de facto independent states. Link 5 So the points you raise are true, The fact is Iraq has to consider this with any RV attempt. I believe they need to at least have a value and an amount equal to their GDP for the simple reason that the Dinar currently competes with the US dollar! This could collapse the entire currency and I believe Shabibi knows this. Because the budget is met using dollars, these dollars become part of Iraq’s circulation and compete with the dinar. If Iraq’s RV is not handled correctly people will abandon it and use the dollar. This means that as they Revalue they must also draw down the amount of US currency in circulation. Have you followed the auctions for the past 6 months? This means they should have at least enough to meet their GDP if they plan on competing and eventually replacing the dollar. Although it’s true they may not want to replace the dollar. I just don’t believe that. In my mind I have a target rate of 1.20 over a short period of time. Here is a document from the ministry of planning. Let me just give you a few excerpts. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports... etc Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities. Link 6 This is partly where I get my 1.20 rate. That is exactly what I am suggesting. Let’s use a rate of 30 cents. Let us say they revalue at 30 cents. Everyone runs and trades in their dinar. Now let’s say the following week they raise the rate to 60 cents. In the next currency auction they would only need to give out half of what they take in The cost of the RV is covered, and the currency supply is contracted. Be advise that the rates I suggested are for example purposes only. I have no idea what the rates will be. I believe a target rate of around 1.20 will be reached eventually. Could be a few months after the first rate adjustment. Ask yourself one question. How many more people started buying silver when the rate went up to over 40.00 an ounce? Same thing will happen during the RV process. I want to say Drox that I always enjoy reading your posts. You always have something worthwhile to contribute and everything you say is very thought provoking my friend.

The definition of dollarization is wrong. Dollarization occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency. The term is not only applied to usage of the United States dollar, but generally to the use of any foreign currency as the national currency. Official dollarization has gained prominence as several countries have considered and implemented it as official policy. The major advantage of dollarization is promoting fiscal discipline and thus greater financial stability and lower inflation. The biggest economies to have officially dollarized as of June 2002 are Panama (since 1904), Ecuador (since 2000), and El Salvador (since 2001). As of August 2005[update], the United States dollar, the euro, the New Zealand dollar, the Swiss franc, the Indian rupee, and the Australian dollar were the only currencies used by other countries for official dollarization. In addition, the Turkish lira, the Israeli shekel, and the Russian ruble are used by internationally unrecognized but de facto independent states. http://en.wikipedia.org/wiki/Dollarization “Under official dollarization the local currency is completely replaced by the dollar” Wrong! Not in every case the euro is used as a dual currency too. There is nothing to prevent a country from unilaterally moving to an official dollarized currency, although the Fed has recommended that it be consulted in advance. At the very least, the Fed would need advance notification of the extra notes that it would have to make available. Wrong! We all know the feds don’t have enough dollars to go around (notice the sarcasm) The Fed has stated that under no conditions would it act as a lender of last resort to foreign banks, nor would its monetary policy be contrary to the best interests of the US. So far, US officials have taken a neutral position, neither encouraging nor discouraging dollarization. However there are many issues, pro and con, for the US and a dollarizing country that deserve careful consideration. Tell this to some of the recipients of QE2. The feds don’t oppose use of the dollar because it creates demand for our worthless fiat currency. Dollarization in Iraq has taken place because Iraq sells it’s oil using US currency. Oil revenue is used to help pay the Iraqi governments annual budget. The dinar was deflated due to war and sanctions. When the new Dinar was introduced an exchange rate of 4,000 to one dinar was in place. The 1170 to one dollar is actually a raised rate from the introduction rate. One reason Inflation was kept in check is due to the dinar being a fixed rate. Not a floating rate. (watch the videos with shabibi) Maliki is no more a thorn than any other Iraqi politician. According to Shabibi the auctions acted to stabilize the currency (watch the videos) If your absolutely sure there is not 27 trillion in circulation then how much is there in circulation? Here is a bit a trivia for you. Before we invaded Iraq, Saddam switch from selling oil in dollars to euros. This would still be considered dollarization. Once we were in Iraq we switched oil sales back to dollars. How much is in circulation in Iraq? If there is 24 trillion in Iraq and the rate adjust to $1.00 that makes 24 trillion in Iraq’s money supply. How would they control inflation then? Even if there is only 10 trillion how would they control inflation. I am not a lopster. I have a working scenario of how the value of this currency will increase, and what will happen when it RV's. It just seems to me that deep down you still have a lot of unanswered questions.

I agree Eagle. The jig is up. Although I will say I don't know exactly how high it will go. In at least the next 24 months we should see silver rise even with an RV. Link 1 Link 2 I could not agree with you more. it is high time this fraudulent and illegal activity is stopped. Even if the CFTC and the SEC continues to look the other way I believe that people are starting to wise up, and that is what will cause silver to shyrocket.

Higher silver prices is really evidence of a falling dollar. Silver has been manipulated for a while now. The price of silver should actually be higher. The silver market was diluted through naked shorting of futures. J.P. Morgan has issued 3.3 billion shares of silver on paper without any real silver to back that up. Banks have done this to dilute the amount of silver in the market keeping the prices lower. This is done to give a false confidence in our fiat currency. Now that J.P. Morgan was caught people are starting to but the metal again. Demand has risen for the actual metal as people turn away from some of the bogus futures out there. There is more gold above ground than silver at the present time and as someone already mentioned Silver is an industrial metal unlike gold. Silver is poised to really take off like gold has done. The hunter is now the hunted. JP Morgan is replacing the metal in it’s futures contracts to copper and now copper is beginning to rise. As the dollar begins to fall you can invest your money in what some people refer to as PACE. Precious metals, Agriculture, Commodities, and Energy. Read more about how silver was shorted in the Article I wrote for Jerry Robinson. Link

I noticed your link references a letter dating back to 2005. I was wondering if you were referring to a portion of the Patriot Act? This is further proof that congress will give a title to a law that has the exact opposite meaning of what this law intends to do. The patriot act also says. 10995 Seizure of all print and electronic media in the United States 10997 Seizure of all electric power, fuels, and minerals, public and private 10998 Seizure of all food supplies and resources, public and private, including farms and equipment. 10999 Seizure of all means of transportation, including cars, trucks or any other vehicles, including control over highways, harbors, and waterways. 11000 Seizure of all American people for work forces under federal supervision; it allows the government to split up families if they believe that it is necessary. 11001 Seizure of all health, education, and welfare facilities, public and private. 11002 Registration by the Postmaster General of all men, women, and children for government service. 11003 Seizure of all airports and aircraft. 11004 Seizure of all housing and finance authorities; authority to establish forced relocation, designate areas that must be abandoned as 'unsafe'. Establishment of new locations for population groups, building of new housing on public land. 11005 Seizure of all railroads, inland waterways, and storage warehouses, public and private. 11051 Authorize the Office of Emergency Planning to put the above orders into effect in times of increased international tension or financial crisis. All of the laws above were signed and approved May 2007 by President Bush, and can be enforced in the event of a "national emergency" that the current president believes affects the entire country. So I wouldn’t sweat the gold and silver Seizure part of this law. If you are speaking of a new law please let me know. Thanks

While I agree with some of your analysis, there are parts I don’t agree with. First I believe that gold and silver is being manipulated. But I don’t believe there is a bubble. Maybe this is the case for some commodities, but not gold and silver. Silver is being suppressed. The rate for this metal is artificially low. I will share one article to explain my position It is widely known that J.P. Morgan (NYSE: JPM) holds a giant short position in silver. Furthermore, some observers are accusing the bank of acting as an agent for the Federal Reserve in the market - every tick higher in the price of silver undermines confidence in the U.S. Dollar. A lower silver price helps keep the relative appeal of the U.S. dollar and other fiat currencies high. By selling massive amounts of paper silver in the futures market, JPM has been able to suppress the price of the precious metal. It is believed that these short positions are naked (i.e. they are not backed by any physical silver). In fact, reports indicate that JPM is short more paper silver than physically exists in the world. An article by Max Keiser which appeared in the Guardian on December 2, 2010 claims that the size of the short position is 3.3 billion ounces of silver. In recent days, rumors have been swirling on the internet that JPM's massive short position is about to blow up in their face in the form of an almighty short squeeze and potential COMEX default as large traders demand physical delivery of silver that COMEX does not have in their vaults. J.P. Morgan is currently under investigation by the CFTC for allegedly manipulating the price of silver. The investigation into the bank can be traced back to November 2009 when London metals trader and whistleblower Andrew Maguire contacted the CFTC to report market manipulation prior to it actually occurring. Maguire had been told by J.P. Morgan commodity traders that the bank was manipulating the price of silver and subsequently reported this to the CFTC. He also gave the CFTC two days' notice about an impending silver manipulation that would take place around the Nonfarm payrolls number on February 5, 2010. The manipulation played out EXACTLY as Maguire had predicted. You can find the emails between Maguire and Ramirez here. Shortly after this information came to light, the whistleblower was involved in a bizarre hit and run accident in London which caused him and his wife to be hospitalized. The price of silver has absolutely exploded in recent months as these reports have surfaced and it is clear that blood is in the water. The predator (J.P. Morgan) has now become the prey. Every tick higher in the price of silver brings more pressure on the bank to cover their short position. This in turn puts more upward pressure on the silver price. It is not clear if JPM has been actively trying to reduce their exposure or not - but something is definitely going on. The price of the widely traded iShares Silver Trust ETF (NYSE: SLV), which tracks the spot price of the precious metal, has exploded in recent months. On August 23rd, the SLV closed at $17.61. The ETF closed on Friday at $28.60 and the price of silver is now trading at 30 year highs. Over the last three months, SLV is up over 47%. In the overnight futures session on Sunday night, silver is currently trading 2.27% higher at $29.935. SOMETHING IS GOING ON. Making matters worse for JPM is the fact that a viral campaign (Crash JP Morgue Video) to buy physical silver and "crash" the bank is now spreading like wildfire on the internet. Just Google Crash J.P. Morgan Buy Silver. Furthermore, it appears that significant physical silver shortages are developing in the marketplace and the metal is being sold well over spot where it is available. Shortly after popular financial blog ZeroHedge posted the "Crash The JP Morgue" video (linked to above), the website which created the video, goldsilvergold.com, reported that it was sold out of inventory and will not be taking new orders until December 6. Another report indicates that JPM may really be on the ropes with their short silver position and are attempting to hedge themselves by buying $1.5 billion worth of copper. According to the Telegraph, the bank has bought "between 50% and 80%" of the 350,000 tonnes in reserve at the London Metal Exchange. ZeroHedge opines that "JP Morgan is now intent on cornering the copper market, as the monopolist firm stretches its FRBNY-facilitated muscles in an attempt to stem the massive losses incurred via its silver short." Readers who are interested in learning more about this story are encouraged to do follow up research and post comments. Those who wish to participate in squeezing the living daylights out of JPM, may want to consider buying physical silver, silver futures and SLV. Article Link So if silver is shorted in the stock market through naked short selling to the tune of 3.3 billion ounces (and that is just JP Morgan’s role) How many people out there think they own silver in their portfolio, but really have worthless pieces of paper? If silver is falsely expanded this much what kind of impact do you think that will have on supply and demand? If people are now just starting to catch on to this and they seek the actual metal what will that do to the price? This is why I say if you don’t hold it you don’t own it. Your analysis really only covers demand in the USA. If other countries begin to lose confidence in the dollar what will that do for global demand? If the euro begins to collapse and countries like Germany and France pull out or Germany goes back to using the mark what will that do to the price of gold and silver as people begin to seek a safe place to store wealth? It seemed to me that parts of your analysis came from Mike Maloney. Look at what else he says about silver

Here are the top 7 things from my to do list after the RV 1. Call family and say I told you so 2. Make post on DV and Say I told you so (to all the skeptics) 3. Contact TK and the other two amigos and say you got the date wrong! Nice intel NOT! 4. Call Mr. Rich and say let’s go to the bank! 5. Go to scooter roast. 6. Stay far away from San Francisco and Phoenix dinar investment seminars. 7. Fall to my knees and pray for guidance!

As usual scooter you are right on target. You raise a good question. Why is it that the people who run the Federal Reserve Have not been arrested? Why are they not in Jail? To understand the answer you got to go back to the beginning of this institution. I have been without a party for a long time. There is really not much difference between the republicans and the democrats. It is like watching The WWF. In front of the news cameras the republicans pretend to be against the democratic policies. And the democrats pretend to have their own agenda and oppose the republicans. But behind closed doors they are shaking hands and making deals that are not good for America. This is why Ronald Reagan can start something like NAFTA and bill Clinton signs it into law. This is why when republicans get into office they wind up outspending democrats. This is why Obama can make campaign promises about withdrawing the troops as soon as he gets in office. Then he puts more troops on the ground in Afghanistan, and then he does not fully withdraw the troops from Iraq. This is why the republicans cave when it comes to standing their ground on cutting 100 billion dollars from the budget. My point is these politicians campaign and say one thing and then do another as soon as they get in office. Be it democrat or republican it really does not matter. Both parties are corrupt. I like what the tea party is attempting to do. I like what they stand for. I really wish them luck with the political reform they seek. Sure there are a few good republicans, but there seem to be a lot of RINOS too. The problem goes higher beyond our elected politicians. The Federal Reserve was started in 1913 the primary families responsible for the fed are the Rockefeller’s, the Warburg’s, the Aldrich’s, and the Rothschild’s. Around 1921 the Council on Foreign Relations was started. The Council on Foreign Relations (CFR) is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs. This is basically a Rockefeller institution. Every elected member of congress is also a member of CFR except three. Ron Paul is one congressman who is not a member. These guys are not in jail because most of our elected officials are bought and paid for through globalist organizations. The same people who are behind the Federal Reserve are behind CFR, the Trilateral Committee, the United Nations and the list goes on and on. This is why there are 150 central banks in the world just like the fed. This is why Iraq’s constitution declares the CBI independent from the Iraqi government just like the fed is independent from the US government. The truth is the people in Washington are part of the same pack of foxes in the Federal Reserve guarding the hen house. They act as team players dividing the spoil after the hunt. All this happens while American citizens get ripped off and pay the price. Keep digging it goes deeper. I could spend hours reading the posts you put on DV. once again great Job!

Tiffany23, Thank You for starting this thread! I can't remember the last time I had so much fun reading a thread. I watched all the videos as well. This was a lot of fun. I hope people continue to post their favorite guitar players with links and videos! That is one of my all time favorite drummer jokes the one about putting drum sticks on the dashboard so you can park in the handicapped spot is good too. It amazes me how many musicians I have played with over the years that fit into these stereo types. That's what makes these jokes so funny i guess.

Ok turn about is far play, here we go • How do you tell if the stage is level? The drummer is drooling from both sides of his mouth. • How can you tell a drummer's at the door? The knocking speeds up. • What's the last thing a drummer says in a band? "Hey guys, why don't we try one of my songs? • What do you call a drummer that breaks up with his girlfriend? Homeless. • How can you tell when a drummer's at the door? He doesn't know when to come in • What do Ginger Baker and black coffee have in common? They both suck without Cream. • How many drummers does it take to change a light bulb? Five: One to screw the bulb in, and four to talk about how much better Neil Peart coulda done it. • How many drummers does it take to change a light bulb? None, they have a machine to do that now. • How can you tell when the drum riser is level? Drool comes out of both sides of the drummer's mouth. • Why didn't the little drummer boy get into heaven? Because he woke the baby! • What do you call a drummer with half a brain? Gifted. • What do you call a Drummer in a Volkswagen? Farfromthinken. • What does a drummer use for contraception? His personality • "Hey buddy, how late does the band play?" "Oh, about a half beat behind the drummer." • Why is a drum machine better than a drummer? Because it can keep good time and won't sleep with your girlfriend. • Why do guitarists put drumsticks on the dash of their car? So they can park in the handicapped spot. • What do you call someone who hangs around with musicians? A drummer. Q: Why can't many bass players get through the door? A:They either can't find the key or don't know when to come in. Q: What did the bassist do when he was told to turn on his amp? A: He caressed it softly and told it that he loved it. Son: "Daddy, I want to grow up and be a bass player." Father: "Son, you can't have it both ways. " Q- What's the difference between a bass guitarist and God? A- God doesn't think he's a bass guitarist. Q. What is the definition of an optimist? A. A Bass player with a business card. Before anyone gets mad I am a drummer and a bass player as well. The sad thing is I totally get every joke

I have watched this thread grow. A lot of really good guitar pickers were mentioned. I have got to say that Les Paul Should be on the list for all time greats. He is not just a musician. He is the source. He has invented the solid body electric guitar. He invented the pickup for the guitar. He invented multi track recording. A lot of recording studios today still use concepts he invented. I just found a video where he has invented the first looper. This dates way back. He has done more to shape every style of music through his inventions then any other player. Here he is demonstrating his looper concept. http://www.youtube.com/watch?v=foXSXOAfB4U&feature=related http://www.youtube.com/watch?v=S8O5wZAd2z4&feature=related no matter what style of music you play. If you use an electric guitar to play your music, It would have not been possible without Les Paul. If it were not for him, I would not be able to do the things I do, and play the music I play. In my book he is the all time greatest. Les Paul passed away at the age of 94 on August13th 2009

Your mind is more analytical than most. Mine is like that too. Most people walk into a room and flip a light switch and the light goes on and that’s the end of it. I walk into a room and flip a light switch and I want to know why that light went on and how it works. I think we are both like that. Just a need to know why things work the way they do rather than just say “oh wow that works”. With something like the Trifecta theory there are so many variables. It is kind of hard to predict an outcome. But here is my take. First we got tounderstand what the petro dollar is. Briefly Nixon took us off the goldstandard in 1971. By 74 the petro dollar was set up. It works like this. Arab nations only sell their oil in US dollars. (this creates global demand for ourmoney) In addition to this, with the oil revenue received a percentage of the amount goes to buy US bonds. (debt) Due to this system the Arab nations became rich. At the same time we have created global demand for our dollar. We had to keepoil drilling low in Americain order to prop up the Petro-dollar system. So now there is the introduction to the theory of peak oil. Peak oil is the point in time when the maximum rate of global petroleum extractionis reached, after which the rate of production enters terminal decline.[1] This concept is based on the observed production rates of individual oil wells, and the combined production rate of a field of related oil wells. The aggregate production rate from an oil field over time usually grows exponentially until the rate peaks and then declines—sometimes rapidly—until the field is depleted. This concept is derived from the Hubbert curve, and has been shown to be applicable to the sum of a nation’s domestic production rate, and is similarly applied to the global rate of petroleum production. This can also be applied to individual wells. http://en.wikipedia.org/wiki/Peak_oil When a well reaches peak oil extraction It becomes more expensive to extract oil from that well. This is because it becomes harder to reach the oil. (which is under pressure) It becomes cheaper to import the oil rather than extract the remaining oil in the well because it can not be reached. I don’t believe that is the case with North Dakota. They are drilling there today. I think it is controlled. I believe that the true reason drilling is suppressed in America is due to the Petro Dollar. I think that if they drill to much oil here then the Arab nations will be let out of their agreement to buy bonds and to sell oil in dollars. As long as there is a global demand for our dollar, the dollar will remain strong. But as the petro dollar is replaced( in places like Brazil Russia,China, and Venezuela.) The dollar is weakened. Because the global demand for the dollar weakens. These dollars that are abroad find their way back to the US and hyper inflation kicks in. I think that this may be gradual. When the petro dollar begins to disappear then oil drilling will begin again here in America. There is a big debate about weather or not Peak Oil is really an accurate concept. Most people who say that Peak Oil is bogus site what Russia has done to tap into their wells. Russia and Iran has said that they will reduce the price of oil. They will sell oil cheap to the rest of the world. The premise is that this will collapse the petro dollar in the on going currency wars. I believe that this is more a less an empty threat. The reason is that oil was the thing that helped Russia recover after the collapse of the rubble and the cold war. Oil is the main thing that supports Russia’s economy. We import about 230,000 barrels of oil a day from Russia http://www.eia.doe.g...ent/import.html If our dollar collapses oil will once again flow freely from America. Thats my take

Settle a bet? I hope your money is on mark Knopfler. Between the two videos The one with Knopfler is better. I think he is a better guitarist two, but to be fair I tried to look for a better video on you tube. Check out the double neck in the background. I thought Gibson was the first one to do that. I thought Jimmy Page. Was the first one to play one. http://www.youtube.com/watch?v=tqCRwu2aDEs&feature=related To many great guitarist to list a favorite. However between these two Knopfler is a better player on many levels.

Once again, awesome Job! I think china will sign more contracts with Russia and Iran. Maybe even Brazil. What is your take on the oil found in North Dakota Link 1 Or the oil in Prudo Bay and Gull Island in Alaska Link 2 Link 3 Link 4 How would these sites effect the petro-dollar? or an even better question, If our dollar does collapes why would'nt they tap into those sites? It seems to me that other countries are able to drill more freely than America is. I wonder how this fits into the Trifecta Theory. Am I jumping ahead? I always love to read your post. You do great work and a great deal of research. I put tremendous value on your opinon, as most people on here do. I just wonder what your spin on this would be. Thanks

Inside Job, Are you talking about This? Link 1 Link 2 I did not see it, but I was told a lot of the information in it is found in the rabbit hole posts. It is available on DVD. I am going to look for it in netflix. I don't have any of information about kuwait wanting payments in US dollars. I first heard okie with some smokie say that. (my nick name for him) I am unable to verify it anywhere. It does not mean it is not true. It just means I don't know.

Wow really?..... My opinion of George Soros does not come from fox. I consider Fox a part of the mainstream media as well. I knew about this man long before Fox or Beck brought him up just by watching what he did with hedge funds. Did you not click on the links? Ok then let me give you some background. When George Soros failed to obtain the election of his candidate, John Kerry, in 2004, he brooded for a while, even said he might get out of politics altogether, but he just couldn't stop himself. He has stated publicly that he wishes to burst the "bubble of American supremacy,” because he says our preeminence in the world is a detriment to global "equilibrium." So far, he has failed, but he keeps on trying. Soros made his first billion in 1992 by shorting the British pound with leveraged billions in financial bets, and became known as the man who broke the Bank of England. He broke it on the backs of hard-working British citizens who immediately saw their homes severely devalued and their life savings cut drastically in comparative worth almost overnight. When the Asian Financial Crisis of 1997 threatened to spread globally, George Soros was right in the thick of it. Soros was accused by the Malaysian Prime Minister of causing the collapse with his monetary machinations, and he was branded in Thailand as an "economic war criminal" who "sucks the blood from the people." Right in the middle of this crisis, Soros dashed off his book, The Crisis of Global Capitalism, which demanded a "third way" toward economic stability. Coincidentally, or not, during the height of the fears of worldwide recession, then President Clinton told the New York Times that he was proposing a "third way" between capitalism and socialism. Unfortunately for Soros, U.S. markets rebounded quickly, his predicted catastrophe was forestalled, and his brave new global economic plans receded for a bit. This may have been to Soros' own good, though, because he was by 1998 up to his neck in the collapse of the Russian ruble, and buying up valuable East European resources at fire-sale prices. And why not? He had already been widely proclaiming that it was his own machinations that brought down the Soviet Empire. When asked about his sphere of influence in the Soviets' demise for a New Republic interview in 1994, Mr. Soros humbly replied that the author ought to report that "the former Soviet Empire is now called the Soros Empire." When our House Banking Committee investigated the Russia-gate scandal in 1999, trying to determine just how $100 billion had been diverted out of Russia, forcing the collapse of its currency and the default of its enormous loans from the International Monetary Fund, Soros was even called to testify. He denied involvement of course, but finally admitted that he had used insider access in a deal that was barred to foreign investors to acquire a huge chunk of Sidanko Oil. The Russia scandal was labeled by Rep. Jim Leach, then head of the House Banking Committee to be "one of the greatest social robberies in human history." (Shadow Party; David Horowitz and Richard Poe; p. 96)Of course, Russia-gate was quickly hushed up and pushed aside in the public's lurid, and quite insatiable, interest in Monica-gate. Then, George Soros did some more shady economic fooling around in France. And he actually got caught and charged with illegal insider trading in his attempt to takeover the Societe Generale bank. He was convicted and the conviction was upheld in 2 separate appeals, the last in June of 2006. They let him off, however, with a piddling $2.9 million fine. By 2003, Soros was already predicting the downfall of the dollar. In a CNBC interview, amid a slump in the dollar's value against the Euro, Soros added fuel to that fire by stating that he was already selling dollars. His statement, in turn, caused a further decline in the international worth of the dollar. When George Soros speaks, hedge fund managers and world financiers listen. Unfortunately, he wasn't able to bring about the "October Surprise" U.S. economic downturn in time for the 2004 election. Our economy proved too resilient for him then. (Source American Thinker) Now he is right in the middle of everything going on in Egypt. He is involved with the rewriting of Egypts constitution! Don't tak my word for it. Link 1 Link 2 Link 3 All of this is well documented on the internet. You don’t need Fox or Glen Beck to point these things out! With a good man like this, who needs enemies!

This is from the latest blog post After reading the Rabbit Hole series you get a good idea about who is really in charge, and who is really pulling the strings. The question is how does this information relate to current events? How does this information relate to the Iraqi dinar? This blog has always been dedicated to the dinar. The answer in part is, These global events will have an impact on the value of the dinar. We must also consider that the same people who are behind these global events are also behind the dinar and it’s revalue. A few of my readers have stated that given this information they cannot see why the dinar would ever revalue, or gain any value what so ever. Well there are two points to consider when thinking about a revalue of the dinar. First, The dinar has been fixed up and redesigned with many anti counterfeiting technologies. It has more than our 20 dollar bill. Each note has a cost of around 7 cents to produce. Now for a 25,000 dinar note this is no big deal. The 500 ,250, and 50 dinar notes show a higher cost to maintain. It cost more to produce those notes then the current 25,000 dinar notes. When the lower denominations are released, the 7 cent cost per note will be more than what the dinar is currently worth as well. Why go through the cost of printing this currency if the currency is worth far less than the cost to print it? Link 1 Second, Iraq has a dollarization problem. Link 2 When ever two or more currencies are used to buy, purchase, and sell there is competition among those currencies. Iraq has the dinar and the dollar in circulation. Have you ever wondered how Iraq can release a 70 to 90 trillion dinar budget when it is clear that there is nowhere near that amount of dinar in circulation? The answer is part of the budget is funded in dollars generated from oil sales. If you do the conversion from US dollars you can see where they are getting this extra dinar. Why do the powers that be rebuild a country and take the time to put a central bank into the constitution? Why do they take the time to redo, (at great expense) or remake the dinar? Why not just use the dollar and abandon the dinar all together? Just use the dollar. In order for the dinar to be taken seriously among the people it has to revalue at least to the value of the dollar. The longer it takes for the dinar to revalue the greater the risk the people will abandon this currency and just use the dollar. The minister of planning released a report of what they think the value has to be to fight dollarization. They suggest a rate of at least 1.13. Also keep in mind that a lop or a redenomination could produce an end result in abandoning the use of the currency among the Iraqi people. The people may just resort to using only the dollar because of the simplicity. Link 3 Link 4 Perhaps the greatest reason to revalue this currency is the fact that the same people who control the central banks and pull the strings behind world governments are the same people who own the CBI and control the dinar. These people have dinar placed in strategic places around the world. In several corporations around the world the dinar can be found. A revalue of this currency would help fund their contacts and help promote the New World Order agenda. This has been somewhat documented in the Rabbit Hole post. Read that series for further information. I had a reader ask me what I thought about what was going on in Egypt and Tunisia. So the question remains. Knowing what we do about who controls and pulls the strings among the nations, What is really going on around the world? If you watch the media you see ignorance on display. You will be more confused watching CNN, MSNBC and other main stream media outlets, then watching anything else. You will be told that the unrest around Egypt is due to Mubarak, and the Muslim brotherhood is an advocate for the people. What a bunch of Baloney. We discussed who really runs the main stream media and who controls every story. Who owns Reuters? Who owns AP? This information is in the in the rabbit hole series and the links provided. If you want to know what is really going on you got to follow the money. So lets follow the money. Link 5 Here are just a few quotes from this article “Background: Tunisia has undergone increasing economic liberalization over the last decade: In the 2010-2011 World Economic Forum’s Global Competitiveness Report, it was ranked as the most competitive country in Africa, as well as the 32nd most economically competitive country globally. North Africa’s large Muslim populations are a vast business opportunity for Islamic banking and other businesses. Jacob Rothschild, senior member of the British branch of the Rothschild dynasty Contrary to popular belief, the world’s finances are controlled by privately-owned “central banks” masquerading as federal government banks in nearly every country in the world [The U.S. Court of Appeals, Ninth Circuit, ruled that The Federal Reserve (U.S.' central bank) was privately owned in 680 F.2d 1239, LEWIS v. UNITED STATES of America, No. 80-5905]. Though it is a carefully guarded secret, the Rothschilds and their associates own most the shares in the central banks (Federal Reserve Directors: A Study of Corporate and Banking Influence, Committee on Banking, Currency and Housing, House of Representatives, 1976, Charts 1-5) (Mullins, Eustice Secrets of the Federal Reserve 1983). With extremely little government input, the economies of Tunisia, Egypt, Yemen, Jordan, and Algeria are strictly controlled by the Rothschild’s central banks and their International Monetary Fund.” “Islamic banks have been eating into Rothschild profits in the Middle East because: they don’t charge interest (Shariah Law), they are growing very rapidly among the world’s exploding Muslim populations, and (in these catastrophic economic times) they are more stable than western banks. While it is a very good thing that people are freed from the tyranny of dictators, they also need to be freed from the tyranny of economic control and serfdom. The relevant moral question is: Do the means justify the end?.” Link 6 So now that we know that George Soros is involved in writing Egypt’s constitution you can expect to see a central bank and a currency structure much like Iraq’s. The difference is they were able to accomplish this without an invasion. So what are the future plans George Soros has for America? We know in addition to developing Brazil’s oil and using it to remove the world from the petro dollar system he has other plans for America. Link 7 read more here Link 8

Mr. Rich taught me everything I know! When this is all over drinks are on me, I love all the graphics you use. The bills on those pallets are 100.00 notes. How many more pallets would there be if they were dollar notes? That puts the debt into perspective.