Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by bob1940

how will we know when to exchange our dinar Will someone here announce it, or do we wait for news media to let us know ? BOB

Just Listen for Tiffany.....

There will be a choir singing the dinar song.

Originally Posted by bob1940

ok one more question I am not familiar with trading money. In the US is there a way to get around taxes? Legally? and how much tax is taken with these type of monetary gains? also if I were to go to the international airport here in Phildelphia,PA and exchange the dinar for dollars woul i have to place the money into an account to do the transaction or will they pay in cold cash? and without filing some sort of paperwork for the IRS or Govnrment?
I don't want to spend my life in Jail for doing these transactions. LOL BOB

I ask my banker this very question, as we are freinds and she said not suppose to say. Since we were in her office. So I said well then to stay in the US and exchange lets say under $10,000.00 trans action would this keep me from you as the Bank from filling a 8300 forum.................................She said thats it quietly. Wierd.

Also OSW has said this many times. Just cash what you need for now and less then $10,000.00 at a time and hold the rest. In my words, but what he is meaning.

Cheney Stands by His 'Last Throes' Remark

6/20/2006


By Thomas E. Ricks
Washington Post Staff Writer
Tuesday, June 20, 2006; A13




Vice President Cheney yesterday defended his much-criticized claim a year ago that the Iraq insurgency was in its "last throes" and said he believes that Iraq "turned a corner" last year when its people held elections creating a constitution and a government.

Speaking at the National Press Club, Cheney predicted that 10 years from now people will look back at 2005 and say, "That's when we began to get a handle on the long-term future of Iraq."

But he also acknowledged that the administration underestimated the strength of the insurgency. "I don't think anybody anticipated the level of violence that we've encountered," he said. He added: "We didn't anticipate . . . the devastation that 30 years of Saddam's rule had wrought, if you will, on the psychology of the Iraqi people."

Cheney has repeatedly stood by his May 2005 declaration that the insurgency was waning, even as Democratic politicians and comedians have mocked it. It has joined a litany of administration statements about Iraq cited as examples of wishful thinking, including that reconstruction would be inexpensive for U.S. taxpayers and that U.S. troops would be greeted as liberators.

The most famous optimistic assessment came nearly three years ago, when President Bush stood on an aircraft carrier off California under a banner that read "Mission Accomplished." "We have seen the turning of the tide," he said then. Since that statement, more than 2,300 Americans have died in Iraq.

Despite Cheney's assertion that no one foresaw how difficult the post-invasion phase would be, defense and Middle East experts have said that administration officials during the run-up to the war ignored their warnings about potential obstacles ahead.

For example, a group of specialists who met at the Army War College in December 2002, three months before the U.S. invaded Iraq, warned: "The possibility of the United States winning the war and losing the peace is real and serious." Iraq had been strained by decades of misrule, wars and sanctions, they observed, noting that "if the United States assumes control of Iraq, it will therefore assume control of a badly battered economy." The writers of the Army report emphasized that Iraq was going to be tougher than the administration was acknowledging publicly. "Successful occupation will not occur unless the special circumstances of this unusual country" are heeded, they warned.

Likewise, 70 national security experts and Middle East scholars met about the same time for two days at the National Defense University and then issued a report concluding that occupying Iraq "will be the most daunting and complex task the U.S. and the international community will have undertaken since the end of World War II." One participant, Army Col. Paul Hughes, sent a copy of the conference report to the office of Douglas J. Feith, then the undersecretary of defense for policy, but "never heard back from him or anyone else" over there, he said.

© 2006 The Washington Post Company

Cheney Stands by His 'Last Throes' Remark - Source

Iraqi Dinar News Article List

hi bob-

regarding buying more dinar, i ordered 500k worth yesterday from safedinar and my wife got the order from the fedex guy about an hour ago.

regarding taxes, mike (OSW) did state, for us that live in the USA, if you cash in anything under 10,000 you do not have to pay taxes.

Mike or Adster - I also am curious about cashing in at lets say the airport, lets say it pegs at .30 to the dollar. I take a 25k dinar note, they would just hand me over 7,500 USD??? I have never exchanged currency at the airport

Neno,
Is that <$10,000 a day or for instance a month? I know that would throw up some red flags if you went everyday, but just since were on the subject I'm just curious.
Thanks,
Michael

THANKS EVERYONE for all the great answers and advise Hey Investor i don't know if I will be able to make the Party but if I do the offer still stands and if not drink a few for me. LOL

Originally Posted by OrangeBlood

Neno,
Is that <$10,000 a day or for instance a month? I know that would throw up some red flags if you went everyday, but just since were on the subject I'm just curious.
Thanks,
Michael

I ask everyday But being smarter then that I would go once a week. But what I did do yesterday also was open another account at Wells fargo since they also take e-bullion deposits in cash.

In the US with all the Free Checking and God Knows how many Banks in just one town, It couldn't hurt to have a account at them all.

Now I can go to My first bank one day the airport the next and then to Wells fargo and then go for a out of town ride to another Airport and then the next week, start again.

Sounds good to me! I could handle cashing a little of my stash here and there!
Thanks,
Michael

Originally Posted by neno

Just Listen for Tiffany.....

Who.....ME?