fnbplanet

Go RV, Go Bucks!

So.........Chap. 7 sanctions HAVEN'T been lifted?

Don't have an answer, but I STRONGLY urge everyone to consider and reconsider their strategies for post RV. The government is not on our side as far as retaining our newfound wealth. Good question though, thanks for the post.

Really now. Are you people so weak that you let TK or Okie affect you so much that all you can do at even the mention of their name is spew this hate? Really? "Oh, poor me......he made me believe we were gonna RV four times last month, and it upset me because I believed him...." Now you spit this vile disgust at everything they say? Weak. Do any of you feel any shame at how you behave? Are these people hatin' on you? Are they vulgar? What is it? Pathetic.

And another thing, Prince: Are you really, really sure that the FDIC will have enough money, assuming it's still worth anything, if there were a serious world banking crisis? I'm not a conspiracy kook, but has anyone been witnessing what is going on in europe lately? Do you think we're immune? If the "world" decided that the U.S. dollar wasn't going to be the planet's reserve currency anymore, it would be worth maybe 15 cents. If the gulf nations ( not all of them like us) decided to form a basket currency and sell oil base on that currency instead of the dollar, the U.S. is screwed. What DOES anyone know about the FDIC? More importantly, what do YOU know? Not bashing, honest. Just because we've seen the FDIC signs in banks since we were kids DOESN'T mean they can bail out UNLIMITED bank accounts immediately. And why only two years? Why not forever?

First of all, Mark: Please, please do some research on taxes very soon. The best tax strategy may NOT be cashing in immediately and spreading what's left of your cash around town in a bunch of accounts. PLEASE find a professional tax attorney ( I SWEAR they will save you more that you pay them) if you are dealing with amounts even over $100K. EVERYONE: read the paragraph above! My dinar dealer (initials db) will hold my earnings from a transfer for three months after RV, while I set up a trust to avoid the maximum tax rates. Your situation may differ, i don't know. Hell, I'm an unemployed restaurant manager, not a tax guru, but I DO know when to consult a professional about something, and this would be one of those times.

Isn't the real question: Why do they NOT call Houston company where it is hosted ( or answer the phone when the hosting company calls them...) and get it up and running? No, I'm not saying that they exist to make us currency speculators happy, but, after all, it IS during the middle of the week, during the hosting company's hours of operation. If it's just not necessary to them, they would still just leave the site down?

If you run out of bandwidth, wouldn't you just purchase enough to get you to the end of the month? Could see it if they bought juuuusssst enough to make it, and guessed wrong. On the other hand, what if............. On the DinarBanker "closed for inventory" thing: If there were an RV today/very soon, think of the MILLIONS they would make by NOT selling for the rest of the weekend!

I'm sure that it's dinar investors hitting the F5 button crashing the CBI site. I mean, they couldn't have anything else to do today... What's the deal with DinarBanker? Here's what their site says: For year-end inventory purposes, DinarBanker.com will not be accepting new orders December 30 through January 1. DinarBanker.com will resume taking orders as normal on January 2, 2011. Thoughts anyone? Muuuuuhahaha!

Don't shoot - I have a legitimate question here. After all the Okie bashing was over (brutal, no one deserves that...), I went back and read what his prediction/intel was: $5.65, minus a $2.05 cut for uncle sam, and a $3.60 for us to dance with to the bank. What the heck was the $2.05 cut for uncle sam ding-dang deal? I'm not asking "could" the government do that, but.........could they? I went back to the Financial Reform Bill the progressives pushed through earlier this year and read the darn thing. It was maily about commodities and derivatives - not currencies. ( currencies are only a commodity to liberal politicians). The question: Is anyone aware of a SPECIFIC law or tax law that would enable the U.S. government to compel banks/financial institutions to withhold this $2.05 (in Okie's scenario) off the top of a currency transaction, BEFORE we then get taxed?

… But, if for some reason they don’t pull the trigger by Dec. 31st, this coming Friday. ..?? According to the PLAN this was to happen in 2009… Not sure of all that would come down on them [if they delay further] but it certainly would be the end of the current GOI [Government of Iraq]… I don't quite understand this assumption. Why would the government of Iraq that is now seated (well, almost), fall apart if the RI/RV didn't happen until, say, Thursday of next week, or the day before the major Arab summit mid January?

Maybe you're familiar with the budgeting of a country called......wait for it......... The United States of America. Our budget was due this year by Oct. 1st, but because the ruling party was embarrassed by the amount of spending they were going to impose just before the elections, they declined to do ANYTHING. IMO, they would have lost the senate control also if they would have put forth that huge omnibus budget. Point is, budgets don't always happen on time.

Been out of work for over a year, I'd cash a little to stay afloat, but only a little....

Ya know, I've been thinking about this all day, and let's say somethin' smeels a bit off. Th e government NEEDS people to SPEND in order to get the economy going - anyone disagree with that? The liberals complain that all of the "rich" people are sitting on their cash, and it's slowing the growth. Then this - "we'll guarantee unlimited amounts in your checking account". Why do that? Will it keep us from buying precious metals? Keeping a stash at home? Is the thinking that if it's in an account that doesn't make interest more likely that we'll spend it? - don't think so. Maybe I'm just paranoid, but when the government makes it easier/safer for me to do something, I get suspicious......anyone's thoughts?

If this were to see who's closest, I would guess higher. I think $4.25, by midnite 12/30. BTW, nice to see an organized thread on the rumor board - no pretenses or bashing needed. Remember, it's YOU that's reading a thread under RUMORS.

FYI, for anyone moving money around after RV: On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, which, in part, permanently raises the current standard maximum deposit insurance amount (SMDIA) to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category. Consumers and bankers can find additional information regarding FDIC’s deposit insurance coverage through the use of the FDIC’s Electronic Deposit Insurance Estimator (EDIE) and deposit insurance publications located on the FDIC’s website “Are My Deposits Insured?” In addition, they can call the FDIC at 1-877-ASK-FDIC (1-877-275-3342). For more information, visit:http://www.fdic.gov/news/news/press/2010/pr10161.html Basically, you can only be insured for $250K in each checking account that you have, in each bank. BTW, my banker said that their limit on incoming bank wires is also $250K. Your bank may be different.

Honestly, I'm not lookin' to be a downer, but even in the American mainstreammedia, it is not uncommon for "facts" that are in error to be promulgated (wow, did i just use a big word or what?) to other news agencies, or even across different mediums without checking ( or the math ) sources twice. Kind of a weird coincidence, just dropping (NOT LOPPING) three zeroes and getting the same number. Again, just sayin'.....

FYI......$170USD multiplied by 1170 would equal about 200,000dinars. Could this have been a math error? Just sayin'....

IMHO, A rift is forming between those who want to do things fairly and those who want to 'play the wounded victim' with regards to finances. One camp appears to have the position of developing financial independence and forwarding into prosperity while the other camp appears to be of the mind frame of 'why should I pay for it when I know I can borrow it. They know I'm good for it" mentality. Only problem is, the financially sound planner knows that when the debt collector comes, nothing is safe. Whereas the financially irresponsible one would try to push off the bills a little while longer without ever really making any forward progress. Hmmm... Iraq could find themselves in a really bad perdicament having to owe "the world" so much money that it literally cannot afford to feed its' own people. Cmon guys, just RV, pay your debts and be on your way. Your people, if not the world, will thank you for it... sheesh.... Read more: Wow. Sounds like liberals vs. conservatives over here, doesn't it?

Meow!

That's just plain mean.....

So let me get this straight.........They are to take a couple of weeks off starting tomorrow, but their payday has been moved until next wednesday? Say it ain't so! Now they're gonna have to drive in to work on their day off to pick up their paycheck? That's cold! Actually, this news is a nice little find. Could fuel a rumor for RV Thursday, maybe even Monday. Thanks for the post!

CBI site is up

Ya know, people keep saying that the dinar has already "appreciated" against the dollar like it's been making progress. Has anyone taken into consideration how much the dollar has DROPPED since 2003? Wouldn't that give the same impression as a "dinar rising"?

I took out some dinars on "reserve", expring Jan 22. I'd cash just enough of what I already have at a nickle just to pay it off, and then hold. Deadguy - you're right: people get snooty in these forums when it comes to people that are new or putting a crimp in the degree of their good fortune. Have a "plus" on me.....