Smackers

Hey Anthony! Welcome to the wonderful world of the Dinar. I just made my first trip to Dublin last year and then on down to Enniskerry. We have wonderful friends who own the Powerscourt Mansion. You live in one of the most beautiful spots on the planet. Be Blessed and welcome again to dinarvets.

The Post Should Be Credited to Steve Enorste from the GET Team. It was his reading on tonights conference call

Finally, brothers, whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable—if anything is excellent or praiseworthy—think about such things. 9 Whatever you have learned or received or heard from me, or seen in me—put it into practice. And the God of peace will be with you. Phil. 4:8

http://www.iraq-businessnews.com/2011/01/08/200000-police-to-be-recruited-in-baghdad/ 200,000 New Police Forces Will Be Put In Place Upon the Ratification of the 2011 Iraqi Budget. ----------------------------------------------------------------------------------------------------------------------------------------- 200,000 Police to be Recruited in Baghdad Posted on 08 January 2011. Tags: Baghdad, jobs in Iraq, Police The deputy Iraqi interior minister said the Iraqi Council of Ministers has agreed to recruit 200,000 policemen and interior ministry staff to increase security in Baghdad province. Hussein Kamal told AKnews that the new force will be deployed in Baghdad upon the ratification of the Iraqi general budget. The force will approximately double the number of police in the province, according to Kamal. The Iraqi Prime Minister, Nouri al-Maliki, stated stabilizing the security situation is among his top priorities. The Iraqi official warned that although the security services in Baghdad have improved measures to reduce the violence and insurgency, Iraq is facing a “new threat”: the rise in the use of silenced guns for assassinations. Kamal pointed the finger at neighboring countries, accusing them of “smuggling the prohibited guns into Iraq through the border points.” The number of policemen stationed in the Iraqi provinces is relative to the province’s population density. The populace of Baghdad according to unofficial figures is over five million. (Source: AKnews)

The Iraqi constitution states that once the PM is named and voted on, that the newly affirmed PM then has 30 days to Complete form a government ( look at it like a presidential cabinet). It does not mean that they have to use all 30 days. They could form a GOI in a very short time if all goes well. I'm convinced that This is much of the reason for the long delays. Most of what is now being played out publicly, was negotiated in back rooms behind closed doors in the months that have preceeded the Nov 11th parliamentary session. My prediction, ( for what it is worth) is that Maliki will now be able to form his government in very expeditious time frame further paving the way for a RV to follow. Hope that Helps!

No, Your Corporation Will be in control of all of the assets and that corporation will exist in Nevada. Remember it will not be personal income. If you cash in and fund a Corp. or LLC. you have control of the assets but you don't own them, the Corporation owns them. Thus, the only thing you will be taxed on in your local state, will be the amount of money that you bring in for your own personal income from the corporation. that amount is going to be significantly lower than the amount the corporation just go funded for in terms of a post rv gain. JMHO Hope that helps. AND PLEASE EVERYBODY> I am a nobody. NOT A TAX ADVISER Check this and all advise through a professional CPA or Tax Attorney.

I would be delighted to share the info if it is OK with the mods and Adam. I'm not here to promote a company just get the info in peoples hands so that they can save tons of tax dollars. One individual responded on this thread by saying something like, "Seriously, after the RV what will it Matter." Well lets just think about that for a moment: My friend in California purchased about 60 million dinar. If this thing cashes out at what many are saying at a rate of 3.21, then his net gain will be 192,600,000.00 Now because he got in less than a year ago he now owes 35% Capital gains tax: Hello That is 67,410,000.00 of IRS TAX. Now, because he lives in wonderful California, he now owes 9.8% capital gains: Hello Thats $18,874,800.00 to CA TOTAL TAX LOAD: FEDERAL & CALIFORNIA = 86,284,800.00 yes thats right 86 million dollars TAX Can you say it's time for a revolution. And Yet the Political left wants to try to tell you that the rich are not paying taxes. Hog Wash. Summation: I think it's worth the extra time to set up a Nevada Corp. or Wyoming Corp. It was certainly worth my friends time. Literally, it took him 30 minutes to supply everything that the company needed to get things rolling. His total cost for setting up everything including identity protection was about $3,000.00 usd. God said it best, "My people perish because of a lack of knowledge" Problem is, some of us are too ignorant to not know, what we don't know. Blessings Smackers

We ran this through an IRS agent, she told me that with regard to an LLC or a full Corporation, that the benefits would be better from a full corporation. The tax advantages are greater. with regard to the amount of tax, I am not certain, but I believe that the dinar revaluation will be handled the same as regular capital gains, (Long term or short term, we will just have to wait and see). The company I am working with to set up my Nevada Corp. has a full staff of CPA's and Tax Attorney's . I will be leaning heavily upon them to work in my best interest to minimize my tax load.

This is very simple: Just set up a Nevada Corporation and Push all of your IQD at the time of cash in into an account that is tied to your new Nevada Corp. Nevada is one of few states who will allow you to hold a corporation or LLC in their state without having residency. And, NO they do not have state income tax. I'm already set up with a company who walked me through the whole thing from start to finish. You can go online and find tons of companies in Las Vegas who can help you do the same. They can also assist you with setting up trusts, 501 ©3's, Family Foundations, and Offshore Accounts. A Nevada Corp will give you tremendous protection. It will make you invisible to the public, and you will have a corporate veil protection against personal lawsuits, (all of your assets can be placed in a trust or corporation). This is how the BIG boys have been doing business for years. Trump and Kiosaki for years have said with a corporation you control "Everything" but own "Nothing". In other words. All of your assets are owned by the corporation, (of which you are the president and CEO) but nothing is in your personal name. It is all held in the name of the corporate business. IMHO, Don't move away from the Land that You Love! Just set up a Nevada Corp! Oh, by the way. . . . .Wyoming offers the same protection as well. Hope this helps.

Ron, Thanks from one of your UTAH friends It is simply amazing to me that people who contribute nothing to making the job of transcribing a live conference call on the fly, have the audacity to then sit back and complain about the manner in which it was produced. I am quite sure that during the next conference call that those of us who give a rip would love to have your professional expertise in transcribing the next 2 hours of dialog.

You could also jump in your car and make a quick trip over to Salt Lake City and cash in at another site's office that he will be setting up immediately after the RV with Ali of Dinar Trade.

Iraq election commission rejects calls for vote recount There have been complaints of fraud and irregularities in the vote counting Iraq's election commission has rejected calls from the president and prime minister for a recount of votes cast in the general election on 7 March. An election official said a recount of all votes would be impossible and was unnecessary because of checks on fraud. Earlier, President Jalal Talabani and Prime Minister Nouri Maliki backed calls for a manual recount of votes. Partial results indicate a close race between Mr Maliki and former Prime Minister Iyad Allawi. But the long delay in announcing the full results has led to growing allegations of fraud and demands for a recount. "It can't be done, it can't, we can't start all over again and count the votes manually," Saad el-Rawi of the Independent High Electoral Commission (IHEC) told BBC Arabic. "We don't say it's impossible," he added, "but it will take a lot of time. "We have more than 50,000 polling stations and 350,000 election officials. Do they want us to resend all the ballot boxes back to the stations and call back all the officials?" Other IHEC officials have said vote recounts from particular districts could be requested if candidates thought errors had been made. Change of tone With just over 90% of the votes counted, IHEC said on Saturday that Mr Allawi's Iraqiya political bloc was ahead by nearly 8,000 votes nationwide. ANALYSIS By Andrew North, BBC News, Baghdad The actual business of counting individual ballots from Iraq's elections was completed soon after the 7 March vote, in each province. So why is it taking so long to announce complete results? According to officials at election commission headquarters in Baghdad, it's because of the scale and complexity of the task - with 6,000-plus candidates and 86 parties across the country. Every piece of data is entered into the computers twice, by different teams working separately - to guard against fraud and errors. The two sets of results are then re-checked by the computers. If they are not within the agreed margin of error, election workers have to start the process again. There is an additional manual check before figures for each province are finally cleared for release. Officials insist these checks mean it is almost impossible to rig the result, despite the accusations. But it seems the election commission badly under-estimated the size of the task. Their computer servers have crashed more than once. But Mr Maliki's State of Law alliance was ahead in seven of 18 provinces - meaning he stands to get more representation in a future parliament as seats are allocated based on the outcome in each province. "As the president of the state, authorised to preserve the constitution and to ensure justice and absolute transparency, I demand the Independent High Electoral Commission recount the ballots manually starting from Sunday, March 21," Mr Talabani said in a statement. He did not say which provinces' votes should be recounted. Mr Maliki has also backed calls for a manual recount of votes but has not made it clear if the count should be nationwide. On Wednesday he called for a recount in the Baghdad region. Mr Maliki's tone has changed from last weekend, says the BBC's Andrew North in Baghdad. At that time he appeared to have a firmer lead and said the election process appeared to be going smoothly. International observers have largely approved of the conduct of the election. But Mr Allawi, who headed the country from 2004 to 2005, said the vote had been "grossly mismanaged" and that full results should have been declared days ago.

One suggestion is to give the percentage that you are going to give be it to your local church, or favorite non-profit org. in Dinar. That way the church or 501 c (3) gets the maximized benefit of the dinar RV without paying ANY tax load for capital gains. This will of course throw a monkey wrench in the works for those whose motive for giving was to receive a tax deductible giving receipt. It still may be receiptable but it may only be eligible for the deduction of your original purchase price, (although I am not totally sure about that). It however makes the most sense to my wife and I to give our tithe in the form of dinar. The "gift" now has a 35% greater value then if we would have waited until after the exchange into USD. Plus it will just be fun to give a gift that only cost me a few hundred bucks and se it maximized hopefully to something now worth nearly a half million. I guess that let's you all know where I think the RV will come in at. Anyway hope that gives some insight to the many wonderfully generous people that I have encountered on dinar-vets. Many Blessings!

Please, please, Go sell your big screen, your lawn mower, your guns, etc . . . Anything you own. But don't sell your dinar. It's like the farmer who sells his seed corn just before planting season. Hold on! Harvest is coming. Be Blessed!

6 years and counting!

To me the bigger question is not, "How much do I need", but rather, "how will I multiply and grow what has been entrusted to me". For me this is an unprecedented opportunity to build a war chest, that if managed well should be available for my children's children. My desire is to create a multiplication model that allows great giving, great living, and great savings without ever needing to depleat the seed money. It really is a principle of seed time and harvest. What an amazing opportunity we all have.

You are right on Ron. There must be a revelation that comes to Iraq as well as us of the Goodness of God. after all, it is kindness that draws us towards Him.

With the current uncertainty of the outcome of the Iraqi Dinar as an investment, I have begun to notice a high degree of irritability among our fellow dinarians. So much so that there are many who have very little tolerance for any opinion or perspective that differs from their own. My perspective on this whole investment is that we would all do well to take things with a grain of salt. Even if the Intel is "spot on" in terms of the integrity and reliability of our sources, we all still have to filter everything through what I am now calling the "Iraqi Factor". Good Intel is only as good as the source in which it originates. Iraq is understandably going through a major transition right now, and what maybe good "intel" today honestly may mean nothing tomorrow. It's not necessarily driven by anyone's desire to mislead or misdirect. It is driven by extreme volatility in a political and economic climate of radical transformation. This Nation is only just now beginning to understand what it is like to engage in free market enterprise and to experience the cultural freedoms that we have enjoyed for the last 200+ years. My concern is that far to many of us (and I have been guilty of this myself), as investors in Iraqi dinar have looked at this investment from a very narrow view of what is this going to to for me. It's been an attitude of. "I don't care about what happens to Iraq tomorrow just give me what's coming to me today." Further many of us who come from a western judeo-christian world view have looked at this as though it is just what is coming to us from a biblical perspective. We've claimed it to be ours. After all this is the riches of the wicked being stored up and transfered into the hands of the righteous. And though at first glance we may feel justified in using this logic to hide our own greed. The truth is,at the end of the day it is still just greed. It becomes greed when we want a huge payoff to come to us with little regard for what that may mean to the continued economic viability of a nation. Iraqi leaders have a responsibility to act in a manner that preserves the greatest amount of profit and return on the resources that they are to steward. I believe our position and theirs will be best served if we can learn to celebrate their freedom and encourage them in a ridiculously prosperous economy. Let us not Pillage them. Let's encourage them to be amazing free market entrepreneurs. Their prosperity becomes ours when we celebrate with them. It is the difference between operating in a spirit of prosperity or a spirit of poverty. Poverty says regardless of how much it posesses, that there will never be enough. Prosperity says, there is always more than enough. Let's choose to be a people who learn to bless and who learn to celebrate others success and who learn how to live prosperous lives free from the trap of greed. The RV is coming, and I personally believe that it is going to be a very favorable rate. But this RV will be of NO value to those of us who don't work out the bigger issues of our lives. More money will not fix us, for crying out loud, we've proven through our last national multi-billion dollar bailout that it won't fix a nation. But it will change us and our children's lives for generations to come if we will learn how to put to rest the issues of greed and self-gratification that so often wants to works it's agenda through our everyday lives. No, if anything this whole RV process has only served to expose the inherent weaknesses that are in me. The delays in a coming RV have exposed my motives, my agenda, and honestly much of what I have seen, I do not like. No! lets choose to exist for a much higher calling and a much higher purpose. Let's choose to be those who bless and do not curse. Lets choose to be those who leave a legacy to our children's children. Lets choose to be those who change cities and nations through radical generosity. We were born for such a time as This Many Blessings.

My Friend Ron. Let's all hope that the 28th is the day... In spite of all of the rumor of the rumor out there regarding a possible .86cent rate, I am still contenting for a rate over $2.00 Back in November three rates seemed to consistently coming before us over and over again. My understanding that the Rate that was put together based on the net worth of in ground assets was $3.25, The rate that the IMF was wanting was $1.47 and the rate that the CBI was contending for was $2.47 Our sources had those rates confirmed from individuals who work in the US treasury, the Pentagon, Insiders in the CBI and on ground forces in Iraq with the US military. Obviously, I will be happy with any rate of return, but I still believe that in the interest of Iraq getting up to speed in a global economy that it is in their best interest to have a dinar that values as high as possible. The immense wealth that they are sitting on substantiates a higher rate, and a higher rate will secure their place in the global economic community.. Just my two cents worth. . . . or hopefully my $2.47cents worth. Blessings!

This has been an incredible roller coaster ride. I hope we can all get off soon.

thanks for the useful info

Thanks these were a few of the most informative posts I've seen on this site.

I vote STEVE

The RV is kind of like the rapture. No one knows the day or the hour! I know some out there already are getting bristled that anyone dare compare such a sacred event to something as carnal as the dinar RV. Let's all lighten up. Laugh, love and rest. This whole thing is all gonna be OK. We are in store for a Blessing! Get ready to Receive It. Seriously start planning on how you will steward this gift, and honestly how you might multiply it over and over again. This thing is about building a legacy for our children's children. That's what a wise man does. You guys are awesome! Be entirely Blessed!

I appreciate stories like this one. Gives great encouragement to me