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Friday, May 18, 2012

Real Story about the Iraqi Dinar and the currency revaluation

This article is as close as I have ever seen to the truth about the coming currency revaluation of the Iraqi Dinar and other currencies in relation to the US dollar and other fiat (unbacked) currencies. What this author brings to the table are some ideas that are obviously well studied and researched. I base that assesment on my years of reading about how this fiat money system we have in the US was set up and how the US corporation came to be and the fraud used to keep the people in the US from catching on.
Paul

© 2005-2012 http://www.nenosplace.com/
THE DINAR & DONG / RV

A Very Interesting Read

: A new banking system is ready

NOTE... The US Treasury bank system (resurrected) to go online. A list of those banks should be made available during announcements following the 'collapse' of the Federal Reserve System. Also, a 'planned' interim governing body will step forward, and also be announced in the U.S.

IF you are tired of all the guru's info and you are confused as to what is and what isn't ... This email I received may help you. It is from a retired judge.. Enjoy!

INTERNET GURU'S - BASIL III COMPLIANT

Remember the old PROVERB: 'Knowledge is power?'

Well all of you Dinarians need to 'power-up' and understand a few things that these Internet Guru's obviously do not!

The RV [re-value] isn't just about Iraq and the Dinar or Vietnam and the Dong.

The RV is an international matter, which does NOT necessitate, require or focus upon Maliki or Shabbi's permission or the United Nations approval or acknowledgment.
For those of you who do not research history, government, law and politics:

The Puppet Master pulls the strings and call the shots of the Criminal Cabal and have been in control of the United States Corporation since 1913.

'Those who do not know their past are condemned to repeat it.' George Santayana

The Chinese have NO designs on World Domination and still they are responsible for championing the RV internationally. Seventy-one Countries opposed the RV because it meant the destruction of their FIAT based currency and government.

All of those Countries are United Nations members. Now isn't that curious?

The balance of the 194 Countries who are not United Nations members, voted in favor of the RV because they are tired of selling their goods and services internationally in exchange for worthless paper [or] script, a/k/a FIAT currency!

The RV is all about forcing all Countries who wish to trade internationally, to make their currency [asset backed] or BASIL III compliant!

BASIL III means currency guaranteed by gold, silver or some other measurable asset accountability: [e.g.]

NO MORE Bonded Promissory Notes drawn against government issued birth certificates [or] currency backed by counterfeit Liens [or] Bonds simply created out of thin air, which is the reason why the Euro is on the verge of collapsing right now!

You all know about America's NATIONAL DEBT and heard the arguments about how our government leaders have squandered the labor and assets of future generations for centuries to come!

Now here's the truth about that argument: America is a FIAT or debt based government and economy, and in order to stabilize a FIAT system, it is necessary to PERPETUATE DEBT and never pay it off! Hence, the reason why Congress refuses to be held to a balanced budget and the reason for our military involvement in so many foreign wars!

Even a high tax structure helps to perpetuate debt, Especially when 100% of your tax dollars are exported out of the United States!

And I bet you thought your taxes ran the government and wars were all about stopping Communist aggression! In the minds of our government leaders: 'War and taxes are good for business!' Spoken like a true sociopath!

Debt represents a negative number and in America, debt is perpetuated with the use of promissory notes called: 'Federal Reserve Notes.' The Federal Reserve is neither Federal nor is it a Reserve. It is a privately owned foreign corporation and is also known by the name: The Bank of International Settlements. The Federal Reserve Corporation is owned and controlled by a group of Sabbatean Bankers based in Israel.

The NATIONAL DEBT is a trick bookkeeping entry, which does not involve any real assets because a real asset entry would immediately cancel the debt. Under the Uniform Commercial Code(UCC), promissory notes such as a Federal Reserve Note, is defined as a: 'Negotiable Debt Instrument' and so the National Debt of America is based entirely upon these negotiable debt instruments. In retrospect, America's National Debt can be canceled at any time with an asset bookkeeping entry and the payment of one dollar of solid gold or silver!

A positive cancels a negative, even when the negative is in the trillions.

It's basic Algebra!

I sent this to a friend of mine and he questioned my math because he is old school and my math didn't make sense to him! So I wrote back to him with this example and explanation:

IF you add -1 and +1 what is the sum? The answer is 0 because each cancels out the other.

Now if you add -34,000 and +1 what is the sum? The answer is still [0] because each cancels out the other.

Here's the trick: -I can be broken up into -35,000 pieces or more but when all those pieces are glued back together, you still have nothing more than the original +1.

In Mathematics, 0 = 0 and anything less than 0 is still 0. Algebra on the other hand, dissects that result and theorizes the possibility of negative numbers having values. The National Debt represents negative numbers that appear to have values!

The Federal Reserves bookkeeping system conceals this simple truth, which is also known as 'debt slavery' and to complete their circle of fraud and slavery, the American public must be trained to believe that 'Federal Reserve Notes' have real value! This was accomplished by and through forced public education! Our government officials concluded that under these conditions the American public could be taught to believe anything we choose and our Licenses and Diplomas are proof of their success!

PS/ Don't look in Fort Knox for that gold dollar because there isn't any gold there! America's gold was embezzled by previous federal government leaders during their planned Great Depression of 1933, however one dollar of any currency that is BASIL III Compliant can cancel the American National Debt and this is why the United Nations membership is so vehemently opposed to the international re-value of currency.

Many member Countries have attempted to instigate WWIII in the middle east and Asia, in an attempt to head off the RV. [e.g.] The tsunami in Japan was created by the detonation of an under water A-bomb. Japan's political structure is in revolt and the new faction supports the RV and desires to sever Japan's alliance with the United Nations.

This new FIAT based government for the United States is the real reason why Franklin Roosevelt, issued a Presidential Order in 1933, that directed all American citizens to surrender their gold during the Great Depression and why under the Federal Banking Act, the Constitutional control of America's currency and the US Mint was surrendered to the Federal Reserve Board and why under the Federal Coinage Act, it became unlawful for American citizens to own solid gold and silver and why all American coins are now plated with mixed alloys and filled with charcoal.

Only jewelers can own solid gold, if related to his trade and numismatists are permitted to collect and trade Silver Certificates; solid gold and silver, but the moment they offer any of these in payment of a Federal debt; they have committed a Federal Crime!

BASIL III shall eliminate the debt based strangle hold over America and shall cause all of the Federal Reserve Notes that our politicians and industrial leaders have stolen and or accumulated to instantly become as worthless as used paper.

Imagine Bill Gates and Mitt Romney being as poor as you and me!

The Iraqi Dinar and the Vietnam Dong have received the greatest amount of attention by and from currency speculators because both currencies have the greatest potential to generate huge dividends with the international RV. Both of these currencies have previously been devalued by the World Bank; the IMF and CBI by virtue of the international influence wheeled by the United States Corporation (government)!

The devaluation of currency is a military strategy designed to defeat a Country economically while attacking them physically. Iraqi Dinar's were previously worth 3.22 US prior to their devaluation but I'm not certain what the Dong was worth prior to its devaluation.
Iraqi History:

When the new government for Iraq was installed and approved by the United Nations around 16 months ago, the very first action by the Iraqi government was to petition the United Nations to be released from Chapter 7 Bankruptcy and request permission to freely Contract with other Countries once again.

The United Nations agreed to both requests pending the submission and approval of a repayment plan for Kuwait and repayment of all other debts Iraq has accumulated during their occupation and reconstruction. Iraq submitted a plan, which was approved and the Bankruptcy was released and Iraq's first new Contract was with the Soviets, to supply Russia with ten trillion dollars worth of crude over the next five years!

All of the internal politics about Iraq that these Internet Guru's have been writing about has no bearing on the worldwide RV. Their recent comments and Intel about Iraq's Chapter 7 Bankruptcy and their repayment plan holding up the RV is old news and incorrect news. This is all Cabal propaganda and rhetoric being used to transfer attention from the Cabal to Iraq, while the Cabal re-groups and grabs at straws to block the RV and save their thousand year plan for World Domination!

None of this mis-direction will do the Cabal any good but does explain what the RV delay is really all about!

The WHITE HATS have a different plan and schedule in mind, which first involves the collapse of the FIAT governments by and through the international RV; the mass arrests of Cabal members for crimes against humanity; the installation of temporary governments and lastly the release of technology that has been withheld from us under the guise of TOP SECRET!

This technology will destroy the oil industries strangle hold on all Countries foreign and domestic and will eliminate their lies and arguments to drill more oil wells in environmentally dangerous and protected venues.

PS/ Oil wells never go dry because Mother Earth methodically refills them as crude is pumped out! Wells can be pumped out faster than the Earth can refill them but they will all eventually be refilled just the same!

The WHITE HATS plan requires that the international RV occur first because the BASIL III compliance regulation will cause the eventual collapse the worlds FIAT governments and cancel their worthless counterfeit currency. So if you're eagerly waiting for the RV to occur, be comforted by the fact that 194 Countries are just as eager for the RV as you! Keep in mind that the Cabals mercenaries are not patriotic souls and do not work for free! If the Cabal cannot hire or pay for their mercenaries, who is left to protect them?

Speculation about the Dinar and Dong have caused most of these Internet Guru's to concentrate only on these two international currencies, absent any real knowledge or understanding about the RV. Their Internet Blog; member following and their personal ignorance, make them an easy mark for disinformation agents who frequently feed them useless Intel about the internal politics of Iraq and Vietnam. Have you ever witnessed any of these Internet Guru's discuss any of the historic; political; monetary or international facts or details I have just elaborated on?

Since the world wide RV is certain to collapse all FIAT based governments, why would any of these Internet Guru's ever recommend setting up any kind of bank account or trust at any of the Federal Reserve Banks? If they had any real intellect, these Guru's, should be recommending off-shore accounts in safe foreign venues. I believe one of these Guru's, actually used the term FDIC insured. For those of you who don't know, the FDIC went Bankrupt around 2006 and not one deposit entered into any Federal Reserve Bank has been insured after that date!

I even recall reading about some Guru recommending a special non-taxable, non-interest bearing, secured account created by Congress, called: 'Tag Accounts.'

Well, isn't that special because when the Federal Reserve and the United States FIAT government collapses; so does the monetary system and their regulatory laws called Statutes! i.e. Statues are actually corporate regulations and NOT law! They can only be enforced against sub-corporations, which is why all of our names are all spelled out in capital letters! Still these people who claim to be Internet Guru's continue to offer other investors such irresponsible and ruminant counsel !

Worse still is the fact that there actually are Dinarians in our society who are prepared to blindly follow their stolid advice and risk losing it all!

The only positive comment I can write about these Internet Gurus is that they do perpetuate the American dream and daily bring a small ray of hope into the lives of a people and culture who certainly deserve something better.

Blessings,

Judge Dale, retired

To contact Paul Stramer 800 889 2839  http://www.teapartysilver.com/

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Banking system coming apart. Runs on banks in Greece

What will Montana do to defend herself from this banking implosion?

I received this heads up from Bob Fanning this morning. He pointed out this article by Brandon Smith and asks :


"How will Montana defend herself?"
That is a great question, since the JP Morgan derivatives market is imploding as we speak, which will tear apart the banking system since JPM is the largest derivatives holder on the planet.

Bix Wier is also pointing to the run on the banks in Greece and saying Spain is next. He put out pictures of the lines of people waiting at the banks to withdraw their "money". It doesn't look like any fun at all. The banking cabal is coming apart at the seams right now in front of our eyes, and as usual the lousy media won't report it. I am also hearing that people in other parts of the world are getting ready to cash in Iraqi Dinars. That would fit with everything else including middle east countries and China, Japan, Russia etc making trade agreements excluding the US "dollar".

Get all the silver you can right now while the price is low. I am buying every ounce I can get my hands on right now, and make sure you have plenty of food and other dry goods and staples you will need to get through this.

Paul 800 889 2839   http://www.teapartysilver.com/

http://www.alt-market.com/articles/784-how-the-us-dollar-will-be-replaced

After being immersed in the world of alternative economic analysis for several years, it sometimes becomes easy to forget that most people do not track forex markets, or debt to GDP ratio, or true unemployment, or hunch over IMF white-papers highlighting subsections which expose the trappings of the globalist ideology. Sometimes, you just assume the average person knows what the heck you are talking about. This is, of course, a mistake. However, it is a mistake that is borne from the inadequacy of our age and our culture, and is not necessarily a product of weak character, either of the analyst, or the casual reader.

The great frustration of being actively involved in the Liberty Movement is the fact that many people are rarely on the same page (or even the same book) during political and economic discussion. Where we see the nature of the false left/right paradigm, they see “free democracy”. Where we see a tidal wave of destructive debt, they see a “responsible government” printing and spending in order to protect our “best interests”. Where we see totalitarianism, they see “safety”. Where we see dollar devaluation, they see dollar strength and longevity. Ultimately, because the average unaware citizen is stricken by the disease of normalcy bias and living within the doldrums of a statistical fantasy world, they simply have no point of reference by which to grasp the truth when exposed to it. It’s like trying to explain the concept of ‘color’ to a man who has been blind since birth.

Americans in particular are prone to reactionary dismissal when exposed to facts that disrupt their misconceptions. Our culture has experienced a particularly prosperous age, not necessarily free from all trouble, but generally spared from widespread mass tragedy for a generous length of time. This tends to breed within societies an overt and unreasonable expectation of ease. It generates apathy, and laziness. A crushing blubberous slothful cynicism subservient to the establishment and the status quo. Even the most striking of truths struggle to penetrate this smoky forcefield of duplicitous funk.

In recent articles, I have outlined the very immediate dangers of several potential economic events that are likely to take place this year, including the exit of peripheral countries from the European Union, the conflict between austerity and socialist spending in France and Germany, the developing bilateral trade agreements between China and numerous other countries which cut out their reliance on the U.S. dollar, and the likelihood that the Federal Reserve will announce QE3 before the end of 2012. All of these elements are leading in one very particular direction: the end of the Greenback as the world reserve currency.

In response to these assertions I have received letters from some people (some of them indignant) questioning how it would be even remotely possible that the dollar could be replaced at all. The concept is so outside their narrow world view that many cannot fathom it.

To be sure, the question is a viable one. How could the dollar be unseated? That said, a few hours of light research would easily produce the answer, but this tends to be too much work for the fly-by-night financial skeptic. Sometimes, the job of the alternative analyst is to make the obvious even more obvious.

So, let’s begin…

The Dollar A Safe Haven?

This ongoing lunacy is based on multiple biases. For some, the dollar represents America, and a collapse of the currency would suggest a failure of the republic, and thus, a failure by them as individual Americans who live vicariously through the exploits of their government. By extension, it becomes “patriotic” to defend the dollar’s honor and deny any information that might suggest it is on a downward spiral.

Others see how the investment world clings to the dollar as a kind of panic room; a protected place where one’s saving will be insulated from crisis. However, just because a majority of day trading investors are gullible enough to overlook the Greenback’s pitfalls does not mean those dangerous weaknesses disappear.

There is only one factor that shields the dollar from implosion, and that is its position as the world reserve currency. Without this exalted status, the currency’s value vanishes. Backed by nothing but massive and unpayable debt, it sits frighteningly idle, like a time bomb, waiting for the moment of ignition.

The horrifying nature of the dollar is that it is only valuable so long as foreign investors believe that we will pay back the considerable debts that we (the American taxpayer at the behest of our criminally run Treasury) owe, and that we will not hyperinflate in the process. If they EVER begin to see their purchases of dollars and treasuries as a gamble instead of an investment, the façade falls away. Yet again this year Congress and the Executive Branch are “at odds” over the expansion of the debt ceiling, which has been raised to levels beyond the 100% of GDP mark:

http://www.nytimes.com/2012/05/17/us/politics/obama-presses-congress-to-act-on-his-priorities.html

Barack Obama has made claims that increases in the debt ceiling are “normal”, and that most presidents are prone to hiking the barrier every once in a while. Yet, back in 2006, when George W. Bush increased debt limits, Obama had this to say:

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills…Instead of reducing the deficit, as some people claimed, the fiscal policies of this administration and its allies in Congress will add more than $600 million in debt for each of the next five years…Increasing America's debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

For once, Barack and I agree on something. Too bad the man changes his rhetoric whenever it’s to his advantage.

Today, Obama now asserts that raising the debt ceiling is not an opening for more government spending, but an allowance for the government to pay bills it has already accrued. This is disingenuous and hypocritical prattle. Obama is well aware as are many in Congress that as long as the Federal Government is able to raise the debt ceiling whenever it suits them, they can increase spending with wild abandon. It’s like handing someone a credit card with no maximum limit. For most men, the temptation would be irresistible. Therefore, one can predict with 100% certainty that U.S. spending will never truly be reduced, and that our national debt will mount in tandem until we self destruct.

How has this trend been able to continue for so long? Our private central bank has created the fiat machine by which all economic depravity is possible. Currently, the Federal Reserve is the number one holder of U.S. debt. The Federal Reserve creates its own capital. It prints its wealth from thin air. The dollar, thus, has become its own lynchpin. The secretive institution which has never been subject to a full audit is now monetizing endless debt mechanisms with paper promises. What value would any intelligent investor put on such a fraudulent economic system?

The epic dysfunction of the dollar is rooted in its reliance on perception rather than tangible wealth or strong fundamentals. It is, indeed, like any other fiat unit, with all the inevitable pitfalls built into its structure.

Ironically, the value of the Dollar Index is measured not by its intrinsic buying power, or its historical buying power, but its arbitrary buying power in comparison with other collapsing fiat currencies.

The argument I hear most often when pointing out the calamitous path of the dollar is that it is the go-to safe haven in response to the crisis in Europe. What the financially inept don’t seem to grasp is that the shifting of savings back and forth between the euro and the dollar is just as irrelevant to our currency’s survival as it is to Europe’s. BOTH currencies are in decline, and this is evident by the growing inflationary pressures on both sides of the Atlantic. Ask any consumer in Greece, Spain, France, or the UK how shelf prices have changed in the past four years, and they will say the exact same thing as any consumer in the U.S.; costs have gone way up. Therefore, it makes sense to compare the dollar’s value not to the euro, or to the Yen, but something more practical, like the dollar of the past….

In 1972, just as Nixon was removing the dollar from the last vestiges of the gold standard, a new car cost an average of $4500. A home cost around $40,000. A gallon of gas was .36 cents. A loaf of bread was .25 cents. A visit to the doctor’s office was $25. Wages were certainly lower, but they kept much better pace with the prices of the era. Today, the gap between wages and inflation is insurmountable. The average family is unable to keep up with the flashflood of rising prices.

According to the historic buying power of the dollar, the currency is a poor safe haven investment. With the advent of bailout efforts and debt monetization through quantitative easing, its devaluation has been expedited dramatically. The Fed has left the door open for what I believe will be a final destructive round of publicly announced QE, weakening the dollar to near death:

http://www.reuters.com/article/2012/05/16/us-usa-fed-idUSBRE84F12320120516

The question then arises; why do foreign countries continue to buy in on the greenback?
The Dollar Dump Has Already Begun

One of my favorite arguments by those defending the dollar is the assertion that no foreign country would dare to dump the currency because they are all too dependent on U.S. trade. To answer the question above, the reality is that foreign countries ARE already calmly and quietly dumping the dollar as a global trade instrument.

To those people who consistently claim that the dollar will never be dropped, my response is, it already has been dropped! China, in tandem with other BRIC nations, has been covertly removing the greenback as the primary trade unit through bilateral deals since 2010. First with Russia, and now with the whole of the ASEAN trading bloc and numerous other markets, including Japan. China in particular has been preparing for this eventuality since 2005, when they introduced the first Yuan denominated bonds. The bonds were considered a strange novelty back then, especially because China had so much surplus savings that it seemed outlandish for them to take on treasury debt. Today, the move makes a whole lot more sense. China and the BRIC nations today openly call for a worldwide shift away from the dollar:

http://news.xinhuanet.com/english2010/indepth/2011-08/06/c_131032986.htm

With the global proliferation of the Yuan, and the conversion of the Chinese economy away from dependence on exports (especially to the West) towards a more consumer based system, the Chinese have effectively decoupled from their reliance on U.S. markets. Would a collapse in the U.S. hurt China’s economy? Yes. Would they still survive? Oh yes. Far better than America would, at least…

In 2008, I warned of this development and was attacked on all sides by more mainstream economists and Keynesian proponents who stated that such a development was impossible. Today, it’s common knowledge that our primary creditors are “diversifying” away from the dollar, though MSM talking heads and those who parrot them still claim that this is not a threat to our economy.

To be clear, the true threat to the dollar’s supremacy is not only due to the constant printing by the private Federal Reserve (though that is a nightmare in the making), but the loss of faith in our currency as a whole. The Fed does not need to throw dollars from helicopters to annihilate our currency; all they have to do is create doubt in its viability.

The bottom line? A dollar collapse is not “theory” but undeniable fact in motion at this moment, driven by concrete actions on the part of the very nations that have until recently propped up our debt obligations. It is only a matter of time before the dollar diminishes and fades away. All signs point to a loss of reserve status in the near term.

What Will Replace The Dollar?

My next favorite argument in defense of the Greenback is the assertion that there is “no currency in a position to take the dollar’s place if it falls”. First of all, this is based on a very naïve assumption that the dollar will not fall unless there is another currency to replace it. I’m not sure who made that rule up, but the dollar is perfectly able to be flushed without a replacement in the wings. Economic collapse does not follow logical guidelines or the personal pet peeves of random man-child economists.

Though, to be fair, and to educate those unaware, there IS a replacement already conveniently ready to roll forward. The IMF has for a couple of years now openly called for the retirement of the dollar as the world reserve currency, to be supplanted by the elitist organization’s very own “Special Drawing Rights” (SDR’s):

http://www.guardian.co.uk/business/2011/feb/10/imf-boss-calls-for-world-currency

The SDR is a paper mechanism created in the early 1970’s to replace gold as the primary means of international trade between foreign governments. Today, it has morphed into a basket of currencies which is recognized by almost every country in the world and is in a prime position to take the dollar’s place in the event that it loses reserve status. This is not theory. This is cold hard reality. For those who claim that the SDR is not considered a “real currency”, they should probably warn the U.S. Post Office, which now uses conversion tables that denominate costs in SDR’s:

http://pe.usps.com/text/imm/immc3_007.htm

So, now that we know a replacement for the dollar is ready to go, the next obvious question would be:

Why would global elites destroy a useful monetary tool like the dollar? Why kill the goose that "lays the golden eggs"?

People who ask this question are simply unable to see outside the fiscal box they have been placed in. For global bankers, a paper currency is not important. It is expendable. Like a layer of snake skin; as the snake grows, it sheds the old and dawns the new.

At bottom, men who promote the philosophies of globalization greatly desire the exaltation of a global currency. The dollar, though a creation of a central bank, is still a semi-sovereign monetary unit. It is an element that is getting in the way of the application of the global currency dynamic. I find it rather convenient (at least for those who subscribe to globalism) that the dollar is now in the midst of a perfect storm of decline just as the IMF is ready to introduce its latest fiat concoction in the form of the SDR. I find the blind faith in the dollar’s lifespan to be rife with delusion. It is not a matter of opinion or desire, but a matter of fact that currencies in such tenuous positions fall, and are in the end replaced. I believe that the evidence shows that this is not random chance, but a deliberate process, leading towards the globalist ideal; total centralization of the world under an unaccountable governing body which operates a global monetary system utterly devoid of transparency and responsibility.

The dollar was a median step towards a newer and more corrupt ideal. Its time is nearly over. This is open, it is admitted, and it is being activated as you read this. The speed at which this disaster occurs is really dependent on the speed at which our government along with our central bank decides to expedite doubt. Doubt in a currency is a furious omen, costing not just investors, but an entire society. America is at the very edge of such a moment. The naysayers can scratch and bark all they like, but the financial life of a country serves no person’s emphatic hope. It burns like a fire. Left unwatched and unchecked, it grows uncontrollable and wild, until finally, there is nothing left to fuel its hunger, and it finally chokes in a haze of confusion and dread…

You can contact Brandon Smith at: brandon@alt-market.com

$16 Trillion in Bailout and Loans — Mainstream Media Barely Notice

http://www.thenewamerican.com/economy/item/11396-jamie-dimon-jp-morgan-chase-the-fed-billions-trillions-for-insiders

http://www.bobfanning.com/?p=1704

FanningForGovernor2012 * Post Office Box 7 * Pray, Montana , 59065
Thank You!
http://www.fanningforgovernor.com/