KANAGAROO

Postscript. After reading several good comments on my Forbes blog exposing the buy Iraqi Dinar get rich quick scheme as a scam, I want to make it very clear that I also believe it’s a scam. My intent for the original blog was to answer tax questions about holding physical currency as an investment, not to drill down into the Iraqi Dinar scheme. I may do just that in a follow-up post soon. -R.G. Read more: Thank-you very much, I for one appreciate the authors words that this is a scam! I do not want Iraq to sell 900 Million dollars of Dinar a day. They sell enough already. GO RV

It is your job to find people to invest your money with them! Talk to 10 of the most influencail people in your arear and ask them who they would invest with. If a name comes up 2 or more times then interview that person to see if you want to use them. You should become fiancially literate. Read books like "Rich Dad Poor Dad" and some of the books listed in the back.

Great balls of fire. So let’s have intelligent people do the unthinkable. (Yes this is a fantasy with the current people in power). The President and the secretary of the treasury who forgot to pay his revenue fees got together and formed a plan. The plan was to bet 4 trillion dollars the US would default. When it does we gain 4 trillion dollars and pay off about 20% of our national debt. No way is that going to happen!

Folks they can pay the debt, pay ss, pay medicaid, medicare, military, and still have money left over. They need to quit foolishly spending OUR[b] money. Arggggggggggggggggg !

I think every single person or entity must pay taxes, if you want a government. No government then Anarchy. So I do hereby agree to implement a national sales tax of 15% to start with and eliminate the federal income tax. This tax applies to everything. A person that breaks the law gets money and buys anything in the USA pays the tax. No more underground economy. Anything that is imported pays the tax when it arrives into our country. A company makes 50 billion dollars here and spends 30 billion dollars pays 4.5 billion dollars. Not much, but a heck of a lot better than nothing. Just my

Glad you started this thread Adam! You are a [b]CLASS ACT[/b], thanks for all you do.

I personally will only pledge to use about 25% of my blessing to create jobs here. This will be a minimum of 2, but based on my contacts and other resources this could results in hundreds of jobs after a few years.

That would be great copy! Hay, I am already thought as being an intellegent, but looney tune type of guy. Media could and would have a field day making everyone that invests to be as looney as knagaroo. I have share this with well in excess of 15 people and only one got involved with it! OH WELL

Fantastic! I agree lets have a flat tax on purchases of 15%. This is great. The underground economy will pay lots in taxes, that they do not pay now. The rich will pay a lot in taxes still. Corporations will not be able to make 5 billion dollars and not pay taxes. Bring it on please.

Great the top, what 54% of the population pays all of the taxes. The top 10%, I think pay 80% of the taxes. So currently in the USA you have a choice be lazy and be in the bottom 46% or work and hopefully you will get more monatary benefit than the lazy. Our government policies have created the have and the have nots. The government inherantly has a lot of waste, that the private sector could help the unfortuate out and still make our country prosper. is it the government job to redistribute the wealth. Should we change the way we were founded and just write our constitution that the poor must have housing, 2 color TVs, cell phones, computor, internet access, and have 1000 dollars a month to spend as they please? Decisions Decesions

Scooter has done massive resreach on all the known data from Iraq. Please search Scooter on this site. He has literally spent over a thousand hours over the years doing primary research. He took what Iraq has in circulation against what they have in reserves and came up with several figures ranging from about 10 cents per Dinar to in excess of 1 dollar per Dinar. The common mean was at least 23 cents per Dinar, I believe for 2009. 2010 was much higher. I have some trouble following all of Scooters original research and I love mathmatics. His research is solid. Please take a look until you get dizzy and then take a break.

According to Scooter the Dinar is worth 23 cents each. Give or take about 50% since he did this so therefore about 15 to 35 cents a Dinar.

Overinflated so if they have 59 trillion dollars, then each Dinar is worth what if they have 256 Billion dollars in reserve. The answer is 4 cents, so therefore how can you say the Dinar is overinflated ? The question is how much is issued and what they have in reserve. According to Scooter they have enough in reserves so that each Dinar is worth 23 cents. So therefore I presume that if it RVs less than that to hold on to your Dinar or bet on Forex it will increase in value!

I think I understand things fairly well. No one will like my scenrio, but here it is. Shabbi will take the 25,000 note and say this is like a 2500 note and then raise the exchange rate to at least a dollar per Dinar. This would be equivalent to a rate of 1 milion current Dinar equalling 100,000 dollars.

I am just an average American citizen. From my understanding the first amendment right to our constitution is to declare the inability of any government, USA, state, county, or city from banning free speech. I think it would be silly for me to state "I demend my constitutional right to free speech" to protect me when I am on someones elses property and saying your an "Idiot, bum, no good person who isn't worth my time to be talking," However, I felt that today I would let you and world know what I think while standing on your property!

Sure I understand. However if one believes the Dinar is currently worth 23 cents a piece, which I do; then it would be easy to see an RV take place that would range from 10 cents to 30 cents per Dinar.

Here is the scoop! All or almost all sellers of Dinar on the internet posted the security features of the real Dinar notes. They are really really hard to make a fake one, that have the house head water mark, the metal thread, and the other safety security features you find in the real Dinar notes. People are amazed that when they give my a fifty or hundred dollar bill, that I can hold it up to the light and know wheither it is real or not. Easy to do.

Hi U BETTY ;-]] All I can think of is the USA kept the funds they curently have under their control, but all new funds are handle under Iraq's control! But what do I know ? You can call me Sue, if it helps

Gees! Do what you want with your money. It does not bother Adam, or me, or most others wheither you get the most out of you Dinar. \ Have a great day, go cash in with Ali! He will appreciate it.

I concur; I'm game!! count me in!! I concur; I'm game!! count me in!!

Oh well, I didn't know the rules when I voted. However I assumed it was all my holdings. There will be hundreds of places to invest outside of Iraq, so I will get over that limitation. 75 cents works well for me as I can accomplish my goals even if they have a windfall tax. My investment is well sheltered to take advantage of the tax code. I want to pay a lot in taxes, but over lots and lots of years.

This brought me to tears. God has been a part of my daily life for many decades. I am blessed beyond what I deserve. My mission in life is to pass the blessing forward. THANK_YOU ....