I sent this letter to my Senators and Congressman today... if you'd like, please copy and send it along. You may edit it as you see fit.
July 12, 2011
Dear Senator/Congressman,
I am concerned about the state of our country’s economy. And I am confident you have the same concerns as we the voters.
It has been widely speculated and reported that the revaluation of the Iraqi dinar (IQD) is being held up by our government. I encourage you to look into this delay and if it is indeed “our” fault, rectify it quickly. It is estimated 3.5 million Americans have invested in the IQD since 2003.
Today, I can buy one million IQD for about $1,200 USD. Now, if 3.5 million Americans purchased one million IQD each (many purchased more) and it were to revalue at 2:1 and taxed at 15%, the US treasury would see $1,050, 000,000,000 in NEW revenue. NEW! Some speculate the rate should be closer to 5:1 based on Iraq’s known assets. Let’s do that math; that would bring $2,625,000,000,000 in NEW revenue! And this revenue would be in the treasury in a matter weeks!
Add to that the new wealth brought to Americans who will buy homes, cars, clothes, vacations, nights out, gift to charities. just think of the folks employed in these different industries including support services who'll benefit! Many would likely NOT go back to work potentially creating thousands upon thousands of job openings. Employment checks for these folks would stop as well; we could repurpose those funds.
Shoot, some of these folks may be behind on their taxes because they have no cash with which to pay them… they would with the revaluation!
Please, let's not allow another day go by where so many Americans can benefit so many Americans.
May God bless you and may God bless AMERICA!
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