February 4, 2012

News About Iraqi Dinar

Iraqi Dinar Exchange Rate

Currency Exchange News

* Highhopes (Bluwolf Update): PTR 2/3/12

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/bcuTsa7iw8A/

February 3rd, 2012 07:41 pm · Posted in DOOZIES 

For those of you who may not know-bluwolf works in the banking system in Puerto Rico.

Flame] Bluwolf is having trouble loggin in here and asked me to post this for you all ~~~

[bluwolf] listen up since i cannot right on jonny’s site due to technical problems, this rv is already getting to that magic number and it should be completed and matched in with the next few hours, so be prepared.

[Flame] bluwolf] now this is the real deal folks within a few more hours I should be back with an acknowledgement.


Comments

* Mother (Important Tax information) – 2/3/12

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/xjdFg_FBhsM/

Dear ____________,

I do not know your name. However this is my business address and I am a guy and I am an attorney who for years did asset protection planning, business structuring and I still represent a handful of very wealthy clients who are now all dear friends around the globe.

This morning I finally gave up and decided to write someone to let someone know that there is a lot of very poor advice going around concerning the avoidance of State Income Taxes. I see it everywhere. “I have a plane on standby to fly me to Texas” etc., etc.

All I can say is if someone believes they can simply pop down, over, sideways to Texas, Florida or any other of a handful of states and avoid State income taxes in their own state where they; 1. Live, 2 pay bills 3 Paid taxes last year and have not moved from their residence. Then these folks are smoking some good stuff and that is a fact. Flying to Texas or any of the handfuls of states for folks to “cash-in” will not avoid state income taxes. However let me say this Texas will be glad for them to come, use their hotels, eat at their cafes and pay the hefty tourist tax and sales tax. The reason being to fall under the no state income tax in Texas and other states you have to be a resident of that state. You have to have a home there, you have to have a driver’s license, and you have to be registered to vote. Texas has to be your domicile. And this all takes about 60 days if you push it. Other non state income tax states are the same.

Whoever is spreading this stuff it is pure “fertilizer” and that is the honest truth. I cannot believe people are so suckered into this stuff they all take a step of faith, make an investment and then they all start believing some so-called “guru”. It is horse fertilizer and that is the truth. I challenge folks to go visit their Tax attorney/CPA, take money with you and pay them a couple of hundred dollars because they do not work for free and you should not expect them to. They worked hard for their degrees and their knowledge that is what they get paid for. And I assure you as sure as the sun is going to come out on Saturday they will say the exact same thing I have just said above. It is a bunch of horse fertilizer to con yourself into believing otherwise. The fact is if you choose to live in a place like New York, California, Washington State, and God forbid Illinois. You deserve what you get as you chose to live in that high tax state. How do you think those states pay for all those glorious services? You are a resident of that state. So folks need to get a “reality check” Go ahead do the right thing get some professional advice. I am lying or I am dying and I know I am right. I have to counsel people every day from various states and around the world about how things are handled here in the states.

I do not even live in Texas. I did 6 months ago, now I live in Oklahoma that has a top rate of 5% income tax. I cannot avoid it, I live here, I have a home here, my kids go to school here, I vote here. 

Anyway I had had enough of the horse fertilizer and my problem is I actually do care about people I have a conscience and if people do not believe me then please be a “Good Steward” go get a professional opinion from a tax attorney or a CPA in your state. If whoever they choose is worth anything they will tell you the truth.  Pay them they are worth it!

LLCs – these are pass through entities. If you spent money to set one up in your state you have avoided nothing, even if you set it up in Nevada. Come 2013, April 15, every dime that flows through that entity will be deemed as income to the Member who holds the shares or Membership Certificates. It is taxed the same as an S-corporation. It all passes through to the tax payer at the taxpayers rate.  You can control some of it coming through as W-2 Income and the rest as dividends but that is all you can do.  No magic trick here.

Additionally, putting your money through a TRUST that is not a Charitable Trust will be taxed at the highest rate in the United States. Revocable Living Trusts do not avoid income taxes, Business Trusts in Massachusetts do not avoid income taxes – you try this and you might as well paint a big bulls-eye on your hiny because the IRS will see the red smoke and nail you for trying to avoid income taxes.

Charitable Remainder Unitrusts work. However very strict rules and you certainly do not want to set one up until it is time because the minute you set it up the Trustee who should be independent has a duty to maximize the interest earned and therefore they would sell your IQD to fund the trust whatever the rate is because the Trust under federal law has to pay out between 5 and 12% of its income to its income beneficiary. Yes you can kill all tax with one of these babies. However lots of strings attached and you lose control. I would rather use this as an estate planning device along with a Charitable Lead Trust.

The conclusion is pay your tax, but be smart. See a CPA or Tax attorney after you have cashed in. Have them give you an estimate of what you will owe. Set up a tax account and put the money in that account and have it invested in something safe. Municipal Bonds that will earn tax free income. U.S. Treasuries something safe. Have the interest poor over into your other account and make your quarterly tax payments. This is being first a “Good Steward” and secondly “As wise as a serpent and as harmless as a dove” and you are doing what Jesus commanded, ‘Rendering unto Caesar that which is Caesar’s.” Again this safest course of action. Why go out there and make this investment, hit the mother load and then blow it out of sheer ignorance. Sure you can probably afford the tax penalties and interest you will get hit with if a person plays it stupid. However is that the right thing to do? Get a stiff neck out of sheer pride? Pride does come before the fall and that is what it is to ignore laws in your various states.  Ignorance is bliss!!!!

I know I have been rather brutal and blunt but again no one has ever accused me of giving poor advice. It is good solid counsel from someone who believes and is accountable to a higher authority and that is not Uncle Sam I assure you.

Do the right thing!

I remain,

With warmest regards,

Mother, Esq.


Comments

* Highhopes (Papajack / KDW Update): PTR 2/3/12

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/iewku8gQu2E/

February 3rd, 2012 07:26 pm · Posted in DOOZIES 

[skuby54] KDW] here is what im hearing from across the pond. It has rv ed and rates can go in any time. Me saying this, I think what he is is saying is that it is all on paper and rates are loaded and can go anytime. (About his attorney friend in Iraq)

papajack: RV was stopped by UST at 3AM this morning papajack: They need 1 more signature for Global Settlements which is scheduled for 9 PM EST tonight

papajack: If it goes as planned expect RV to show this evening


Comments

* Highhopes (Generals64 Update): PTR 2/3/12

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/dWCaDkkOTcg/

[generals64] Hey Do what you want …say what you want…Someone seems to have made a mistake and got excited…(like none of the rest of us have)….But,

I GUARANTEE you that one of our group was contacted today from a Major Big 4 Player and they said they were ready and would match or beat any of the others…Promise you that..

generals64] You can take that one to the bank folks….The Big Bank….

generals64] Hey…anyone can make a mistake and get worked up…Sometimes they are a legend in their own mind…But Okie has tried even for us….

Back off from giving them a hard time….there is so much Garbage out here and some of it really sounds good….I had the Bank story just told to you…verified three times…Now, not saying when but I am saying they are ready…

[generals64] remember when none of the banks were ready or believing…???????????


Comments

* AndieZ1 (Jonnywg): 3S’s 2/3/12

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/GW_OCRJhMCY/

[jonnywg] TO ALL OUR MEMBERS I THANK YOU FOR BEING A CLASS ACT….. WE ARE GETTING INFORMATION COMING IN – BACKING UP OKIE ….. WE HOPE TO GET NUMBERS ON CBI OR BANK TELLER SCREENS TONIGHT ….. THERE IS A LOT OF FIRE RIGHT NOW

[rjg] jonnywg do u believe we can see this tonight after banks closed [jonnywg] rjg we suspect

[jonnywg] WE ARE TRYING TO GET IT ABSOLUTELY CONFIRMED IN PRINT


Comments

* jtudor (TK Chat): The G.E.T. Team 2/3/12

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/RnLyEcs4V1U/

[TERRYK] OK LISTEN UP
[TERRYK] DO I HAVE YOUR ATTENTION
[TERRYK] I HAVE SOME GREAT NEWS
[TERRYK] BUT FIRST I NEED TO DO SOME HOUSE KEEPING
[TERRYK] FRIDAY I TOLD YOU WHAT MY UST GUY TOLD ME
[TERRYK] DURING THAT TIME BLUWOLF WAS TYPING SOME INFO AS WELL
[TERRYK] YOU ALL KNOW I SUPPORT WHAT BLUE BRINGS
[TERRYK] AND HAVE FOR SOME TIME
[TERRYK] HE BRINGS ARTICLES
[TERRYK] INFO
[TERRYK] AND HE HAS SOME GREAT SOURCES
[TERRYK] I WANT TO SAY TO YOU THE PEEPS IN THE ROOM
[TERRYK] AND TO BLUE IF THERE WAS A MIS UNDERSTANDING WHAT I WAS SAYING FROM MY UST PERSON
[TERRYK] I’M SORRY FOR THAT MISUNDERSTANDING
[TERRYK] I WILL REPEAT WHAT I WAS TOLD FROM MY UST PERSON
[TERRYK] FROM THE US SIDE OF THINGS THERE CAN NOT BE A IN COUNTRY RV
[TERRYK] THAT IS TERMS FROM US ONLY
[TERRYK] NOW WITH THAT SAID
[TERRYK] I FOUND OUT TODAY
[TERRYK] THAT IRAQ CAN DO A RI/RV
[TERRYK] INCOUNTRY
[TERRYK] AND NOT SHOW A RATE
[TERRYK] I KNOW IT DOES NOT MAKE ANY SENSE
[TERRYK] BUT THEY CAN FROM AN ACCOUNTING STAND POINT
[TERRYK] BUT FROM A TRADABLE INTERNATIONAL CURRENCY
[TERRYK] IT HAS TO HIT THE WORLD AT THE SAME TIME IN THE EYES OF THE UST
[TERRYK] AGAIN THAT’S THE VERBAGE SHARED WITH ME
[TERRYK] I’M NOT DOUBTING THE INFO FROM BLUE
[TERRYK] OR ANY OF THE OTHER GUYS AS I KNOW IT’S RIGHT HERE
[TERRYK] AND THEY ARE PLAYING WITH WORDS RIGHT NOW
[TERRYK] IN THE END IT MEANS NOTHING OTHER THAT IT’S DONE AND HERE
[TERRYK] NOW
[TERRYK] FOR THE RECORD
[TERRYK] BLUWOLF AND I ARE FRIENDS
[TERRYK] YOU KNOW I WOULD NOT SLAM HIM OR THROW HIM UNDER THE BUS
[TERRYK] I WAS SIMPLY STATING WHAT MY UST GUY TOLD ME AND IN FACT WAS TYPING IT AS I WAS BEING TOLD
[TERRYK] SO AGAIN IF I OVER RAN WHAT HE WAS SAYING AT THE TIME I’M SORRY
[TERRYK] NOW
[TERRYK] WHAT I’M BEING TOLD IS AGAIN WE SHALL SEE THIS AT THE FIRST OF THE WEEK
[TERRYK] CASH IN ON TUESDAY
[TERRYK] AND A VERY VERY NICE RATE
[TERRYK] AND I HAVE QUOTED YOU THIS RATE IN THE PAST WEEK
[TERRYK] I’M NOT GOING THERE AGAIN WITH THAT
[TERRYK] DONE
[TERRYK] TINA IF ANYONE STARTS BASHING BLUE TAKE THEM TO THE SIDE AND HAVE A VACATION TALK WITH THEM
[Studmuffin]    WE SALUTE YOU
[tina] Yes Sir we will handle the room
[TERRYK] THE OTHER THING IS JANNA WILL BE COMING INTO THE ROOM
[TERRYK] SHE ASKED TO BE LIKE A BLUE SPOT TO LURKE
[TERRYK] PLESE GIVE HER THE RESPECT SHE HAS EARNED
[TERRYK] PLEASE
[TERRYK] AND ALSO DONT DRIVE HER NUTS AS SHE DID THIS BECAUSE SHE HAS A TON OF WORK
[TERRYK] NEXT
[tina] not a problem no one here should disrespect her
[TERRYK] PLEASE SUPPORT TINA
[jonjobe7]    you and they all deserve to be respected
[TERRYK] OUR LITTLE TEXMEX
[TERRYK] OK
[Cougar13] Terry we all love Janna
[TERRYK] I JUST WANTED TO CLEAR THE AIR
[TERRYK] OK
[TERRYK] THE BLESSING IS HERE PEEPS
[TERRYK] REALLY IT IS
[TERRYK] WITH THAT
[TERRYK] I’M GOING TO SAY HEY TO BLUWOLF AS I SEE HIM ON THE SIDE
[TERRYK] AND I’M GOING TO RUN TO DINNER REAL QUICK
[bluwolf] of course it is and I will let you know when
[TERRYK] AND GET BACK HERE SOON
[TERRYK] GOD BLESS YOU ALL
[tina] enjoy dinner
[bluwolf] adios
[TERRYK] I JUST WANTED TO CLEAR THE AIR
[TERRYK] AND GET BACK HERE SOON
[TERRYK] GOD BLESS YOU ALL


Comments

* Gulfsands Updates Iraq Operations

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/uZfxgaZTPRc/

In its latest corporate update, Gulfsands Petroleum included the following statement on its Iraqi operations:

Gulfsands signed a Memorandum of Understanding in January 2005 with the Ministry of Oil in Iraq for the Maysan Gas Project in Southern Iraq, following completion of a feasibility study on the project, and is negotiating details of a definitive contract for this regionally important development. The project will gather, process and transmit natural gas that is currently a waste by-product of oil production and as a result of the present practice of gas flaring, contributes to significant environmental damage in the region. Gulfsands has no reserves in Iraq.

Gulfsands has also been pre-qualified by Iraq’s Oil Ministry to participate in the Iraq’s 4th Bid Round which will offer qualified bidders the opportunity to acquire up to 12 exploration licences in southern, western and central Iraq with bids anticipated to be required by the end of May, 2012.

LINK


Comments

* SGS Loses Iraqi Import Inspection Contract

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/oI-nM4j3zGc/

Iraq’s Ministry of Planning has reportedly canceled its contract with Switzerland’s SGS after the company allegedly failed to respond to Iraqi authorities about what they described as “sluggish work”.

SGS and Iraq signed a contract in January 2011 whereby the Swiss company provides product conformity assessment services for qualifying products allowing their importation into Iraq in line with Iraq’s Central Organization for Standardization and Quality Control (COSQC) requirements for pre-importation inspection, testing and certification scheme.

“The Ministry decided today to end SGS contract after the company refused to send a statement of position about its lagging behind in the process of assessing imported products” spokesperson for the Planning Ministry Abdul Zahra al-Hindawi told Aknews.

Iraq will sign the contract with other more committed world companies “who have the ability to enforce the articles of the agreement” he said.

Iraq Business News understands that Bureau Veritas was also appointed last year to implement the scheme.

LINK


Comments

* State law: the right of the Kurdistan region to have a constitution

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/vaFmcl1m588/

BAGHDAD / Baghdadiya News / .. confirmed the eligibility of a coalition of state law to have an independent Kurdistan constitution. Said an MP for the coalition of state law Hanan al today, Friday / Baghdadi’s News / The demands of the Kurdistan region to hold a referendum on the constitution of the region, and the demarcation of the border is normal did not oppose the Federal Constitution. She explained Fatlawi: the right of the province to have a constitution, independent, and that “the Iraqi constitution gave the right of the regions to prepare a constitution and the laws of their own, provided it does not conflict with the Federal Constitution. As for the debate between the Kurdistan Alliance and vice-provinces reject the constitution of the region, said Fatlawi there is a federal court are decided and interpreted the Constitution and respect to everyone what will come out of the court away from the political convulsions. The MP for the Kurdistan Alliance Ashwaq Dry has revealed that the Federal Constitution, passed a written constitution for the Kurdistan region, warning of the approach of rejecting the right of Kurdish, which will affect the national unity. She’s dry / News of the Baghdadi /: “in accordance with Article 120 of the Iraqi constitution, the right of the province to have a constitution that does not violate paragraphs are the Federal Constitution.” She added that “the Constitution within the region regarding the right of the Kurdish people,” noting that “the previous period have been discussed by this Constitution and to prepare for it but the circumstances led to the delay.” MP showed “This is an internal affair, but unfortunately, we find it promoted like something right out of the Kurdish. It points to them as long as we have heard statements and remarks, we find always been against the national unity Almansosh in the Constitution.” Dry and warned that “such interventions can affect the political process as well as the preparations that are always trying to have a political calm, calling on all parties to the federal commitment to the Iraqi constitution.” The number of MPs from the province of Kirkuk, Niue and Diyala had demanded, the federal government in Baghdad stand against inviting the region to a referendum on the constitution of Kurdistan’s new, stating that this constitution which His Highness the Federal Constitution and includes the texts of “hostile” to the homeland (as they say). The MP said the Iraqi List, Abdullah the West in a press conference held at Parliament House that “the federal government to stand against the invitation of the Kurdistan region for a referendum on its new Constitution,” noting that “this Constitution, in which His Highness the Federal Constitution contains provisions that” hostile “to the homeland through including designation located south of Hamrin in the province of Kirkuk and the administrative units of Mosul, Diyala and Kut, and Salah al-Din. ” West went on to say that “the constitution of the region as a declaration of secession and declaration of war on national unity through guaranteed provisions are inconsistent with the concept of State of Iraq, that Iraq is a federal one, as provided in the Constitution according to Article (1)”. “They exploit the weakness of the center as a result of political differences because of Altakndqat sectarian and style quotas in the administration of the State of Iraq, calling on the Iraqi people to the attention to the risks caused by such a document called the Constitution of the province and to take all the events and actions the People on the Abolition of the project, which affects the unity of Iraq. / ended / 18 A /

LINK


Comments

* Rajavi willing to negotiate with the Iraqi government and confirms that the members are willing to move to the creation of Liberty

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/DMcE8n_LaLs/

“Portal Iraq,” Baghdad – welcomed the People’s Mojahedin Organization of Iran opposition, on Friday, the proposal by the United Nations to negotiate with the Iraqi government, while confirmed that 400 residents of Camp Ashraf are ready to move to the Camp Liberty west of Baghdad, with their movable, called for the formation of a committee joint legal to sign comprehensive document for the transportation arrangements include “assurances of the World”.

The head of the National Council of Resistance of Iran Exhibition Maryam Rajavi said in a statement on the sidelines of a press conference held Thursday in the city of Brussels in the presence of the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, Special Adviser to U.S. Secretary of State Ambassador Dunn Fred and High Representative of the European Union Hughes Mingarle on Ashraf residents “We welcome the very proposal of the Special Representative of the Secretary-General of the United Nations in Iraq to start constructive negotiations with the Iraqi government statement in the context of the High Commission of the United Nations in the affairs of refugees.”

Rajavi and expressed willingness to travel to Baghdad and negotiated with the Iraqi government in the presence of the Special Representative of the Secretary-General of the United Nations in Iraq, “asserting that” 400 residents of Camp Ashraf are ready to move to the Liberty with their cars and their property transferred as a goodwill gesture. “

Rajavi called for “an international conference or at least the formation of a joint legal committee of lawyers interested parties to sign a comprehensive document for the transportation arrangements include assurances minimum humanitarian.”

And demanded Rajavi Ambassador Dunn unique and Ambassador Jeffrey and Ambassador Kobler that ensure and implement the assurances minimum transfer of Ashraf residents to camp Liberty, especially with the concentration of the Iraqi armed forces outside the campus of the camp, the narrow, measuring half kilometers square to enjoy and in particular 1000 women with adequate comfort and peace of mind and security. “

They pointed out that Rajavi, “representatives of the residents of Camp Ashraf Vathawwa Special Representative of the Secretary-General of the United Nations in Iraq several times in writing assurances on the subject of minimum transfer process”, expressing regret that “even now is not the lowest interest them.”

And declared the Iranian ambassador to Iraq, Hassan Danaii fled, in the January 30, 2012, that his country had issued a decision to pardon the 800-creation of the organization.

And demanded that the MKO, December 31, 2011, the United Nations to intervene to prevent Tehran from Camp Liberty west of Baghdad taken by the organization temporarily based, while stressing that it is not entitled to engage the Tehran government affairs of its elements.

The Iraqi government denied on 28 December 2011, as reported by foreign media about the extension of the presence of the MKO in Iraq, stressing that it was agreed with the United Nations to amend the mechanism of exit that will take place in two phases, which will transfer its members to Camp Liberty in Baghdad first before exit completely.

Is located at Camp Liberty in western suburb of the capital near the international airport, and is one of the most important U.S. military garrisons previously.

The speaker of the United Nations Mission Martin Kobler in Iraq, in a report submitted to the UN Security Council on the sixth of December 2011, the Iraqi government to extend the date set for the evacuation of Camp Ashraf in order to reach a mutually acceptable solution, while stressing the need not to the people or their leaders any acts of violence or provocation of Iraqi sovereignty.

Prior to that Prime Minister Nuri al-Maliki, on 12 October 2011, he was granted the MKO opportunity to the end of this year, noting it is one of the terrorist organizations that have no legal cover, especially as they carry out operations in Iran and interfere in the internal affairs of Iraq.

As considered by the Parliamentary Assembly of the European Council, the beginning of October 2011, the deadline set by al-Maliki to end the presence of residents of the camp in preparation for new attacks, a claim the United States and the European Union and the United Nations to pay the Iraqi government to end them and to provide protection for the residents of the camp, urged the U.S. officials, President Barack Obama raise the name of the PMOI from the terrorism list.


Comments