Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content


  • Posts

  • Joined

  • Last visited

Profile Information

  • Gender
    Not Telling
  • Location

puff26's Achievements


Newbie (1/14)



  1. Hey Sheepdog, did you sign up for those reports? If so what did you think? Maybe thats why you posted this?
  2. TrinityeXchange, thanks for all the information can I use a broker and pay out of my warka account. thanks again Puff:)
  3. thanks FOR THE POST! GO RV..... I have dish here in fl. Does ANY ONE KNOW WHERE CH 4 OR UNTV MIGHT BE ON DISH?
  5. US Senate backs debate on currency law amid yuan row 04 October 11 01:27 ET The US Senate has voted in favour of debating laws which could pressure China to let its currency rise in value. The bill would give the US government the power to add tariffs to goods imported from countries deemed to be undervaluing their currencies to boost exports. Some politicians and trade groups say China uses its currency in such a way. The Chinese government said that it "firmly opposed" the bill. It accused the US of using the "so-called currency imbalance as an excuse to upgrade the exchange rate further, to take protectionist measures, [which is] a serious breach of World Trade Organisation rules, [and] seriously interfere with economic and trade relations". Though the bill does not specifically mention China, it would enable the US government to put punitive duties on a country with a misaligned currency. 'Unfair competitive advantage' Unlike most other major currencies, China does not allow its currency, the yuan, to float freely on exchange markets. Academics have argued it could be undervalued by as much as 20% - 40% compared to the US dollar. China has been accused of keeping the value of its currency artificially low in a bid to make its exports cheaper and more competitive than rivals. At the same time, it also makes goods from abroad more expensive for the Chinese buyers than products manufactured at home. Many US politicians have said that China's currency policies have not only hurt US businesses but have also had an impact in the job market. "My colleagues, both Democrats and Republicans, agree that China's deliberate actions to devalue its currency give its goods an unfair competitive advantage in the marketplace," Senate majority leader Harry Reid said. "In the last decade alone, we have lost 2 million American jobs to China because of a trade deficit fuelled by currency manipulation," he added. The debate on the value of the yuan and its effect on the US economy has been fanned further by a slowdown in the US and fears that it may be slipping into a recession. At the same time, a high rate of unemployment has also become a huge problem for the authorities as they try to kick start growth in the world's biggest economy. Unilateral approach? The US and China's other trading partners have been putting pressure on China to let its currency appreciate. While Beijing has allowed its currency to rise in the past 12 months, its critics have said that the appreciation has been too little. The yuan has gained almost 5% against the US dollar during the period and over 8% against the euro. However, China has maintained that a sudden rise in the yuan's value would not only hurt its export sector but also have a detrimental effect on its overall economy. Critics of the currency bill warned that any such law may negate efforts for a cordial agreement with China. The Emergency Committee for American Trade said the bill was "a highly damaging unilateral approach that will undermine broader efforts to address China's currency undervaluation". Others have argued that the US has created its own economic problems and that antagonising the Chinese could potentially provoke a trade dispute which would be even worse for the economy. "Using anti-dumping and countervailing duties to address currency valuation is misguided and could lead to a trade war," said Stephanie Lester of The Retail Industry Leaders Association. "Sparking a trade war with China - one of our largest and fastest growing export markets - could have disastrous consequences for American companies and workers, and for our economic recovery," she added. The passing of the procedural vote allows debate to take place for the rest of the week in the Senate. However, even if it passes the upper house of Congress, the bill could get stalled in the House of Representatives. Republican leaders are not seen as too keen on the bill and the Obama administration has been wary about how the proposed law would be perceived in China.
  6. puff26


  7. An "Entitlement???" What the hell is wrong here? Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% before taxes. If you averaged only 30K over your working life, that’s close to $220,500. If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working (me) you'd have $892,919.98. If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month. The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madoff ever had. Entitlement my ass, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn't make my benefits some kind of charity or handout!! Congressional benefits, aka. free health care, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that's welfare, and they have the nerve to call my retirement entitlements !!!!!!.....scroll down.............. Emergency Rooms for their general health care -At just one hospital the cost to tax payers totaled over 25 million a year!!! Someone please tell me what the HELL's wrong with all the people that run this country!!!!!! We're "broke" & can't help our own Seniors, Veterans, Orphans, Homeless etc.,??????????? In the last months we have provided aid to Haiti, Chile, and Turkey. And now Pakistan home of bin Laden. Literally, BILLIONS of DOLLARS!!! Our retired seniors living on a 'fixed income' receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign Countries! They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives and now when its time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? We have hundreds of adoptable children who are shoved aside to make room for the adoption of foreign orphans. AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without 'needed' meds, and mentally ill without treatment -etc,etc. YET...................... They have a 'Benefit' for the people of Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies. Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries. SAD? YEAH, OK, SO WHEN DO WE GET PISSED AND DO SOMETHING ABOUT IT?????
  8. G D Bless Scooter he is soooo way over my giving and kind for sharing.
  9. (especially after the withdrawal of a number of foreign companies, including South Korean companies of the electricity, water, transport and other infrastructure projects.) Read more: Now this is a big deal!!! If you remember that company from South Korean won the electricity contract for the whole country of Iraq. Are we really that close to an rv?
  10. excellent thank you! GOOD NEWS is always the best news,,,go RV
  11. The Revaluation of the Iraqi Dinar How the U.S. Plans to Make Trillions By Greg McCoach Friday, July 8th, 2011 U.S. national debt will exceed $14.5 trillion by the end of the summer. The government has been underwater so long, it has gills... But despite their desperate condition, the Feds still have a few tricks up their sleeve that will allow them to keep “kicking the can” down the road. One of the gimmicks they've cooked up to stave the wolves off is becoming more and more evident: The revaluation of the Iraqi dinar. The dinar collapsed after the United States invaded Iraq and toppled Saddam. Prior to U.S. invasion, the Iraqi currency was trading over USD3 to one Iraqi dinar on the strength of the country's massive oil industry. After the collapse, the dinar was trading significantly lower. At one point, a single dollar purchased one thousand Iraqi dinar. Speculators began to take positions in 2004 hoping someday, the dinar would recover and the UN economic sanctions would be lifted, allowing the currency to be revalued. Since then, there has been much speculation regarding how and when that would occur. But here's the really interesting part... The U.S. Government is the Largest Holder of Iraqi Dinar Outside of Iraq Does that really come as a surprise? The U.S. Treasury does not officially list the Iraqi dinar as part of the country's forex reserves. New Iraqi Dinar july 2011 new iraqi dinar see detail of 50 dinar bill However, the Treasure does say it did an initial currency swap with Iraq to fund their government and Ministries... Exactly how many dinars were traded is not mentioned, but it does make reference to “billions of U.S. dollars” traded to Iraq. About two months ago, Iraqi dinars could no longer be purchased; the recent Dodd Frank bill appears to have legislation related to the revaluation of a foreign currency and preventing mass hysteria. From what I have been able to gather, it sounds like this plan was originally put together by George Bush, **** Cheney, Alan Greenspan, and others years ago as a way for the U.S. government to be repaid (read: get kickbacks) for their efforts in Iraq. Experts speculate the U.S. government received nearly 4 trillion Iraqi dinars at an exchange rate of 4,000 dinar to USD1. If this is even close to true — and the UN allows Iraq to revalue their currency up to USD1: one Iraqi dinar — the U.S. government would stand to profit in trillions... as would anyone else who speculated on the dinar over the years. Bush’s statement, “This is a war that will pay for itself,” will be true 10 times over. Check out how the House of Saud got taken for $267 billion of their own crude oil.
  12. It reads to me like the green zone people are saving their US $ to buy the newer Dinar because our Dinar will be, with out the three zeros a loss. They will rd then later rv. then the money dealer will profit (AGAIN) then, by sell the newer dinar....
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.