News, Rumors, and Opinions in Dinarland Monday Evening
08/26/2013
TNT:
[dinarmaven] Guys... based on where we are I have been digging to try and understand why this has not happened yet. I have talked to many sources today and we are still in "imminent" mode. I know that it is hard to align the information that is being given with the fact that we still wait. (I hate the word "done" too.)
Regardless, I am still being told this is happening "now" and that they are trying to get it done now for a variety of reasons. I know there is talk about WF being the issue, and Canada taking over (trust me that will NEVER happen) and the IMF doing this.
Sorry, but there's thousands of opinions out there that you are listening to that get info from up and down the "food chain". Much of it is junk food and might make you feel good for a while, but simply doesn't square with the facts.
Tony tried to explain it best today that we have HUGE events coming-up tomorrow and this thing is supposed to go in advance. So, until I get something different I'm sticking to my guns. Don't be discouraged... IT'S ON!
....
Read More Link on Right
[dinarmaven] Guys... based on where we are I have been digging to try and understand why this has not happened yet. I have talked to many sources today and we are still in "imminent" mode. I know that it is hard to align the information that is being given with the fact that we still wait. (I hate the word "done" too.)
Regardless, I am still being told this is happening "now" and that they are trying to get it done now for a variety of reasons. I know there is talk about WF being the issue, and Canada taking over (trust me that will NEVER happen) and the IMF doing this.
Sorry, but there's thousands of opinions out there that you are listening to that get info from up and down the "food chain". Much of it is junk food and might make you feel good for a while, but simply doesn't square with the facts.
Tony tried to explain it best today that we have HUGE events coming-up tomorrow and this thing is supposed to go in advance. So, until I get something different I'm sticking to my guns. Don't be discouraged... IT'S ON!
....
Read More Link on Right
[August] TNT
MEMBER STEVO - I am only writing this because this should have happened last
night/this morning. We are right there. My contact is frustrated that it didn't
happen (as well as we are). We are right here folks. This is about to go down.
This has to happen sooner than later. And when I say sooner I mean between now
and the morning. Next time you hear from me we will be post RV. =========
[August] TNT, let's hold on! Don't get discouraged. Tony gave us powerful information today. We knew based on Tony, Mt. Goat, Loechin that we are right here. So before we get discouraged. Let's see how tonight unfolds. Major things are happening.
August] Mort: 5:29 PM sorry guys-had to change the 7's to & so people would understand what i said-lol-3:50 pm mon-my int. Lawyer just told me that wells fargo has today & tomorrow to get the RV done or it will be taken out of reno and moved to canada to get the RV done asap-so we shall see! They were told to crap or get off the pot-lol -my int lawyeralso said there should not be a tax on this-this is a currency exchange and its not taxable-so he said no taxes should be paid on this exchange-he said he sued the governement once & WON & he will do it again-lol...good for him & for us! He doesn't think China-Wells fargo Wants to lose this-so he thinks we will see it later on today into the am he just said! Too much money too lose for them!
LeeEllisMusic] Lakerfan This was so good I just have to repeat it - :) Supposedly there was an agreement signed several weeks ago that the countries involved in the GCR would repay their debts to the US to the tune of $600T by tomorrow and that the RV had to occur before that could happen.
Already Blessed] Shybaby just came on open mic a few minutes ago and said his sister's friend, who was on her way back to the Phillipines, exchanged 1mil IQD for a rate of $3.90 in Singapore. 5:33 PMShybaby just came on open mic a few minutes ago and said his sister's friend, who was on her way back to the Phillipines, exchanged 1mil IQD for a rate of $3.90 in Singapore. This is very exciting. He said he asked his sister to get a copy of the exchange receipt for him. He believes her, but just wants the proof.
Truckerbabe67: Found this and thought it was worth sharing! esp with alot of us soon to retire, and our need for lower taxes etc
http://homes.yahoo.com/photos/move-here-the-most-untaxing-states-for-retirees-1377544870-slideshow/#
*************************
I4U:
[FLPatriot59] Saved4Eternity Supposedly there was an agreement signed several weeks ago that the countries involved in the GCR would repay their debts to the US to the tune of $600T by tomorrow and that the RV had to occur before that could happen.
[DiddyKong] Treasury forecasts that by mid-October it will have a cash balance of only $50 billion, an amount insufficient to pay what the country owes for "an extended period of time ... and on certain days net expenditures could exceed such a cash balance," Lew wrote in a letter to Congress.
[DiddyKong] From UST Website: Failing to increase the debt limit would have catastrophic economic consequences. It would cause the government to default on its legal obligations – an unprecedented event in American history.
[DiddyKong] That would precipitate another financial crisis and threaten the jobs and savings of everyday Americans – putting the United States right back in a deep economic hole, just as the country is recovering from the recent recession.
[DiddyKong] Thats just shows how much of a pickle we are in and how much the RV is needed!
[DiddyKong] The debt ceiling now stands at $16.699 trillion.
[DiddyKong] Just to show how much we are exponentially spending money
[Lakerfan] DiddyKong I thought O said it had been reduced to half a few weeks ago.
[Saved4Eternity] DiddyKong And if the Govt Defaults....Where do you think that leave us with deposits in FDIC? Think about it. Civil Unrest? They have already planned for that!
[DiddyKong] That level was reached in mid-May. At that time, Treasury began a host of "extraordinary measures" to continue paying all the country's bills in full and on time. For instance, Treasury first temporarily stopped issuing special securities to state and local governments.
[DiddyKong] But what I have been posting can be found here http://money.cnn.com/2013/08/26/news/economy/debt-ceiling/index.html?iid=HP_LN
[August] TNT, let's hold on! Don't get discouraged. Tony gave us powerful information today. We knew based on Tony, Mt. Goat, Loechin that we are right here. So before we get discouraged. Let's see how tonight unfolds. Major things are happening.
August] Mort: 5:29 PM sorry guys-had to change the 7's to & so people would understand what i said-lol-3:50 pm mon-my int. Lawyer just told me that wells fargo has today & tomorrow to get the RV done or it will be taken out of reno and moved to canada to get the RV done asap-so we shall see! They were told to crap or get off the pot-lol -my int lawyeralso said there should not be a tax on this-this is a currency exchange and its not taxable-so he said no taxes should be paid on this exchange-he said he sued the governement once & WON & he will do it again-lol...good for him & for us! He doesn't think China-Wells fargo Wants to lose this-so he thinks we will see it later on today into the am he just said! Too much money too lose for them!
LeeEllisMusic] Lakerfan This was so good I just have to repeat it - :) Supposedly there was an agreement signed several weeks ago that the countries involved in the GCR would repay their debts to the US to the tune of $600T by tomorrow and that the RV had to occur before that could happen.
Already Blessed] Shybaby just came on open mic a few minutes ago and said his sister's friend, who was on her way back to the Phillipines, exchanged 1mil IQD for a rate of $3.90 in Singapore. 5:33 PMShybaby just came on open mic a few minutes ago and said his sister's friend, who was on her way back to the Phillipines, exchanged 1mil IQD for a rate of $3.90 in Singapore. This is very exciting. He said he asked his sister to get a copy of the exchange receipt for him. He believes her, but just wants the proof.
Truckerbabe67: Found this and thought it was worth sharing! esp with alot of us soon to retire, and our need for lower taxes etc
http://homes.yahoo.com/photos/move-here-the-most-untaxing-states-for-retirees-1377544870-slideshow/#
*************************
I4U:
[FLPatriot59] Saved4Eternity Supposedly there was an agreement signed several weeks ago that the countries involved in the GCR would repay their debts to the US to the tune of $600T by tomorrow and that the RV had to occur before that could happen.
[DiddyKong] Treasury forecasts that by mid-October it will have a cash balance of only $50 billion, an amount insufficient to pay what the country owes for "an extended period of time ... and on certain days net expenditures could exceed such a cash balance," Lew wrote in a letter to Congress.
[DiddyKong] From UST Website: Failing to increase the debt limit would have catastrophic economic consequences. It would cause the government to default on its legal obligations – an unprecedented event in American history.
[DiddyKong] That would precipitate another financial crisis and threaten the jobs and savings of everyday Americans – putting the United States right back in a deep economic hole, just as the country is recovering from the recent recession.
[DiddyKong] Thats just shows how much of a pickle we are in and how much the RV is needed!
[DiddyKong] The debt ceiling now stands at $16.699 trillion.
[DiddyKong] Just to show how much we are exponentially spending money
[Lakerfan] DiddyKong I thought O said it had been reduced to half a few weeks ago.
[Saved4Eternity] DiddyKong And if the Govt Defaults....Where do you think that leave us with deposits in FDIC? Think about it. Civil Unrest? They have already planned for that!
[DiddyKong] That level was reached in mid-May. At that time, Treasury began a host of "extraordinary measures" to continue paying all the country's bills in full and on time. For instance, Treasury first temporarily stopped issuing special securities to state and local governments.
[DiddyKong] But what I have been posting can be found here http://money.cnn.com/2013/08/26/news/economy/debt-ceiling/index.html?iid=HP_LN
1 comment:
I do not know before that "failing to increase the debt limit would have catastrophic economic consequences".
Regards,
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