Genx's opinion

[allIneedisonemillionusd]

Not mine, found on another site, enjoy:

GENX's Take on Current Events.....

Frank: In Spring of 2009, I posted a post on the KTF forum about my experiences while presenting a Business Plan to two major USA Banks where I have had accounts for 20 or more years, both loan accounts and checking accounts. I reported that the banks could not help me as they were under direct orders from the US Treasury to not discuss anything to do with the Dinar.

After a some what heated discussion about me being viewed by the US Treasury as a criminal for buying Dinar from a Terrorist State. I asked where they got this misleading information and after much discussion the VP I was talking to summoned the President of the bank and he brought with him two letters from the US Treasury stating why they were taking the position they were taking. These two letters as I reported at the time stated any employee discussing the Dinar would be considered a Criminal and face a $250,000. fine and up to 12 years in the pen.

I knew at that time the Obama Administration were plotting to control the RV of the Dinar which they have done for the past 18 months using the Dinar to beat Iraq into acting on paying a debt imposed on Iraq for Saddams invasion of debt ignoring the fact that Kuwait and Saudi Arabia had been stealing Iraq's oil for many years under a joint share for drilling in the border areas. I am not sanctioning Saddams action but it is time for the rest of the story.

After the Obama regime took office and discovered how much Dinar was being sold and held by Americans they set out to delay the Iraqi's need to RV until they could legally increase the Treasury's take in taxes. The uproar and unconstitutional action brought forth in "Obama Care" set the stage for a legal rape of the Dinar investors in this country. We should now see a RV take place with the increase in the top individual tax rate from 35% with to 43% and a surcharge of 5%. All of the new FAT CATS will be the new losers in other words you and I.

You will find your new tax rate approaching 50%. Also currency exchange profits along with interest on savings will be taxed as ordinary income. This train wreck called Obama Care has just cost you half of what you have sacrificed for the past six years and it does not stop there as the health care part of this bill does not start until 2014. So they now tax you at the new rate for 4 years; so every bit of interest you earn will be taxed on the increased rate. Ladies and Gentlemen welcome to The Socialist State of America. No bitter grapes here just facts as I have enough Dinar to survive but some of you do not. BUT at least now we will see the RV in the next few days. GenX

[HINK]

Interesting idea...but I have to think that we are small potatoes...most of the people that buy dinar are mom and pop Americans...maybe 1 to 2% of the country ...and I would guess most make very small purchases... if the US really wanted to profit from the dinar...they could simply buy more dinar themselves ...and exchange it for the oil...gold...and the other resources of Iraq. H

[LeeS]

Check out the facts of the HC Bill. The new medicare tax on interest, Dividends (cap gains is not mentioned) doesn't kick in until 2013. So, first of all, if the RV happens in 2010, 11, or 12, it won't be subject to the new tax; and also, the tax won't start to bite until after the 2012 election is over. Maybe a little sop to both sides, but if the RV hits soon, and you reinvest in appreciating assets (vs. dividend or interest paying assets) you may position yourself to hold on to more of the cash flow from your windfall. Just my opinion==not fact.

Also, after 2001-2008 racking up deficits (we never collected the money to pay for the war, whether you aggree with the war or disagree, not paying for it as we go just put us deeper in debt), who is really surprised that the idea of a balanced budget is totally extinct. The whole debt thing sucks big time, as any one with family debt or business debt can attest to. Debt for leverage is a beautiful idea while things are going up, but just like any leverage it comes back to bite you when things go down.

One last thought--where the H*ll were all the complainers during 2001-2008 when the toilet was flushed and we began this downward spiral? It began on the Bush/Republicans watch, no matter how you slice it. So where were all the brilliant complainers then?

[BMWman]

One last thought--where the H*ll were all the complainers during 2001-2008 when the toilet was flushed and we began this downward spiral? It began on the Bush/Republicans watch, no matter how you slice it. So where were all the brilliant complainers then?

Actually LeeS, the downward spiral you refer to officially started in 1913 under the "watch" of President Woodrow Wilson. And the National Debt CAN NOT be eliminated under the current Federal Reserve system. Doesn't matter what we do or don't do, it can NEVER be repayed. When "money" is loaned into existence the money to pay the interest was never created. Thus, an ever increasing National Debt that CAN NOT be repayed. See 'The Creature From Jekyll Island' by G. Edward Griffin for a full explanation. Or read the Fed's own publication 'Modern Money Mechanics'. If you understand what it says, it should scare the fiscal bejesus out of you. Not flaming, just informing. And yes, the Republicans like Reagan and Bush spent a lot; as has Obama. Both "sides" are complete idiots in my opinion ...

[WHATTHE]

the issue i have with the notion that the HC bill somehow had something to do with taxing any sort of iqd rv is, what if the HC bill didn't pass? what if it never passed? was/is iraq gonna wait to or never rv its currency? sounds like a conspiracy theory. i still don't believe the two are related at all. if anything, taxing the citizens is just a natural progression of liberal policy. pure coincidence as it relates to iraq and any pending rv...

[critter5869]

Check out the facts of the HC Bill. The new medicare tax on interest, Dividends (cap gains is not mentioned) doesn't kick in until 2013. So, first of all, if the RV happens in 2010, 11, or 12, it won't be subject to the new tax; and also, the tax won't start to bite until after the 2012 election is over. Maybe a little sop to both sides, but if the RV hits soon, and you reinvest in appreciating assets (vs. dividend or interest paying assets) you may position yourself to hold on to more of the cash flow from your windfall. Just my opinion==not fact.

Also, after 2001-2008 racking up deficits (we never collected the money to pay for the war, whether you aggree with the war or disagree, not paying for it as we go just put us deeper in debt), who is really surprised that the idea of a balanced budget is totally extinct. The whole debt thing sucks big time, as any one with family debt or business debt can attest to. Debt for leverage is a beautiful idea while things are going up, but just like any leverage it comes back to bite you when things go down.

One last thought--where the H*ll were all the complainers during 2001-2008 when the toilet was flushed and we began this downward spiral? It began on the Bush/Republicans watch, no matter how you slice it. So where were all the brilliant complainers then?[/quote

Now,now ! Let's not forget our good democrat buddies in congress when Bush tried to pass regulation on Wall street and in the housing markets such as Fannie May and Freddie Mac. Chris Dodd and Barnie Frank told the american people that everyone in the U.S. should be able to own a home whether they could actually afford it or not.

This was the bleeding heart liberal start of the entire crash my friends. This as they got on television and told the American public that everything was sound and fit.

[JAMMING]

This was posted sometime last week...Looks like gen x still doesn't know shiite

"BUT at least now we will see the RV in the next few days." GenX

[sfredieu]

LeeS I could not agree with you more.I dont understand how all these people blame OBAMA for the problems that was created before he took office.when clinton was in office we had no deficit now since Bush took over it is higher than it has ever been.now listen to me,you cant blame BUSH or OBAMA this whole thing is all part of a plan from a higher source than them and the United States will be o.k in the end.you are in a country of millions of people no dicision that Obama or Bush could have made could have pleased everyone,So with that being said I dont care about republican or democrat they are both AMERICANS and I will stand behind both of them,because they have a very difficult job to do.and they are doing the best they can.if you guys dont like what they are doing leave the country and go to one of these other countries where things are so much better their,I will bet you that that trip will have alot of empty seats,or run for president next election if you think you can do better.If they want me to pay 50% of taxes on money that I made a great investment on than I will pay it just to live here.if this thing RV'D at .10 and I had to give up .05 I still made out like a champ.

[ronscarpa]

Not mine, found on another site, enjoy:

GENX's Take on Current Events.....

Frank: In Spring of 2009, I posted a post on the KTF forum about my experiences while presenting a Business Plan to two major USA Banks where I have had accounts for 20 or more years, both loan accounts and checking accounts. I reported that the banks could not help me as they were under direct orders from the US Treasury to not discuss anything to do with the Dinar.

After a some what heated discussion about me being viewed by the US Treasury as a criminal for buying Dinar from a Terrorist State. I asked where they got this misleading information and after much discussion the VP I was talking to summoned the President of the bank and he brought with him two letters from the US Treasury stating why they were taking the position they were taking. These two letters as I reported at the time stated any employee discussing the Dinar would be considered a Criminal and face a $250,000. fine and up to 12 years in the pen.

I knew at that time the Obama Administration were plotting to control the RV of the Dinar which they have done for the past 18 months using the Dinar to beat Iraq into acting on paying a debt imposed on Iraq for Saddams invasion of debt ignoring the fact that Kuwait and Saudi Arabia had been stealing Iraq's oil for many years under a joint share for drilling in the border areas. I am not sanctioning Saddams action but it is time for the rest of the story.

After the Obama regime took office and discovered how much Dinar was being sold and held by Americans they set out to delay the Iraqi's need to RV until they could legally increase the Treasury's take in taxes. The uproar and unconstitutional action brought forth in "Obama Care" set the stage for a legal rape of the Dinar investors in this country. We should now see a RV take place with the increase in the top individual tax rate from 35% with to 43% and a surcharge of 5%. All of the new FAT CATS will be the new losers in other words you and I.

You will find your new tax rate approaching 50%. Also currency exchange profits along with interest on savings will be taxed as ordinary income. This train wreck called Obama Care has just cost you half of what you have sacrificed for the past six years and it does not stop there as the health care part of this bill does not start until 2014. So they now tax you at the new rate for 4 years; so every bit of interest you earn will be taxed on the increased rate. Ladies and Gentlemen welcome to The Socialist State of America. No bitter grapes here just facts as I have enough Dinar to survive but some of you do not. BUT at least now we will see the RV in the next few days. GenX

GenX's post was shown to be in error on most points over a week orv two ago. None of his tax rate statements were correct - as I recall. Just passauing on what I remember before I went to Russia.

RON

[whisky runner]

the words of christ ... you heard it said . there will be be a time that the one's in charge will take and exspect you to pay even the last little coin of little value

[westy33567]

16,000 more IRS agents? wow guess they think alot of people arent gonna pay there health care share! could it be set-up to hunt the people that have invested in this currency as well. 16,000 seems like alot to start off with. JUST SAYING!

[JAMMING]

sure....everything that happens revolves around the dinar.....My lord

[lanispaul]

the issue i have with the notion that the HC bill somehow had something to do with taxing any sort of iqd rv is, what if the HC bill didn't pass? what if it never passed? was/is iraq gonna wait to or never rv its currency? sounds like a conspiracy theory. i still don't believe the two are related at all. if anything, taxing the citizens is just a natural progression of liberal policy. pure coincidence as it relates to iraq and any pending rv...

I agree, I don't think our Government had that much foresight

[Cherysh]

LeeS I could not agree with you more.I dont understand how all these people blame OBAMA for the problems that was created before he took office.when clinton was in office we had no deficit now since Bush took over it is higher than it has ever been.now listen to me,you cant blame BUSH or OBAMA this whole thing is all part of a plan from a higher source than them and the United States will be o.k in the end.you are in a country of millions of people no dicision that Obama or Bush could have made could have pleased everyone,So with that being said I dont care about republican or democrat they are both AMERICANS and I will stand behind both of them,because they have a very difficult job to do.and they are doing the best they can.if you guys dont like what they are doing leave the country and go to one of these other countries where things are so much better their,I will bet you that that trip will have alot of empty seats,or run for president next election if you think you can do better.If they want me to pay 50% of taxes on money that I made a great investment on than I will pay it just to live here.if this thing RV'D at .10 and I had to give up .05 I still made out like a champ.

I really have alot of respect for people that have your patriotism. But I will disagree with you...These politicians that you say are working so hard, every last one of them is crooked. You can not convince me of otherwise, they are liars, they are cheaters, their pockets are full of the money we work so hard to earn, and I really feel they are not making good decisions for us, every administration gets worse and worse. I might be ok myself right now, but I think to myself....my poor daughter, she is only 2, and I think, what have we gotten our children and grandchildren into, Of course Obama's kids will never have to worry about that because they will more than likely have wealth the rest of thier lives. I agree that I dont want to go to another country to live, and I would not win an election if I ran for President, its not my "thing", but I do care how our taxes are spent, I DONT want to pay for some illegal immigrant with 10 kids that were born in the US to have health coverage, I dont want to pay for people working the systems that our taxes have paid for for so many years. I dont have health coverage, I do NOT agree with the HC bill being passed. I cant afford to have health coverage, but even so, I know that this is not right! I can not believe that in a time that so many people have lost their jobs, lost their homes, lost so much, we are bombard with news of taxes and mandates. I no longer have a choice. Right now because I can not afford insurance for myself, at least I have a choice, and it helps me budget my monthly expenses. My choices and my rights are being taken away little by little, you are blind if you think they are not being taken from you. I do not think that the HC bill has anything to do with the RV, but Obama said, regardless, he would see this bill passed, as if it was a done deal for him when he said it, it was going to get passed.

Edited March 29, 2010 by Cherysh
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[Joyce Bygall]

BMWman - Thank you for your knowledgeable post. Do you think anybody is listening? I sure hope so. We need a much more informed public to vote next time. If anyone is interested, go to You Tube & view "The Money Masters". It will wake you up as never before. God bless.

[tj34]

oooh, i got silenced by a mod on this thread. interesting.

[one4dinar]

It began with a DEMOCRATIC CONGRESS!!