BWM: Good Evening All…
BWM: ok… so I’ll give the option tonight… would you rather do moderated or old school sit on your hands
BWM: ok… we’ll go moderated so remember ALL your comments and questions come directly to me
BWM: please use your IM’s for private chat until we turn the room loose from moderation
BWM: Before we get started tonight I need to do a little housekeeping that may help answer some questions prior to Q&A. It has been asked that this classroom would be posted on recaps. I would like to thank Recaps for the last several years of cooperation for posting AND removing items that needed dealing with on their site.
I know that some ppl need a centralized location to be able to find information and that has served it’s purpose. As with any “blog” type media you will agree and disagree with some part of the information.
Read More Link on Right
Having said that, in the past it has been recaps method to “censor” some of my posting. So, my only request for this is that either recaps post it in it’s entirety or not at all. Thanks again K for all your help.
BWM: Now I need to do an obvious thank you. To our mods present and past for helping create a calming atmosphere allowing our visitors to express themselves while maintaining the responsible nature to help each understand that it’s ok to turn off the computer and live life.
Again, this isn’t a “goodbye” speech so I don’t want to get too mushy. Like I said other day, I will continue to be around where needed and post as information requires. I just wanted to make sure that I made a public thank you to the mods and administration for their timeless efforts over the past several years here and the other sites we have been involved with.
BWM: First, let me reiterate that ONLY the 3S chat is being shelved for the time being. The forums will still be there and if there is something important it will be posted there and if necessary chat could be reopened. Also, when/if KCMana tells us it’s ok to put the link for group signup back up AndieZ will take care of that.
Second, we’ve heard a lot of “can’t we all get along” followed quickly by “well I see there’s only a few ppl at 3S anyway”. When you consider the sources (ppl who have been booted off every site until they started their own) and you understand the mentality, They don’t care about content, they only care about the number of ppl coming to their site you begin to grasp their reasoning.
Because of that, I feel sorry for these ppl and the ppl that have fallen into their false philosophies.
adventuregirl: What is the subject matter?
BWM: we’ll go with whatever y’all want to discuss… we’ll keep it brief because I know that your time is limited to speak to some here
.infidel: once this website closes and it rv’s…. how we will connect afterward?
BWM: we will open as needed to discuss or share anything that is necessary
mamari4: how do I rate for a date? ok I changed this obvious question for her
BWM: mama mia!!!
codreamer59: BWM First, thank you for all that you and all the Mods have done at 3s. I’ve appreciated the ‘no hype’ zone and will miss you all. A question – I was wondering if you think Generals64 private placement group will have the ability to exchange prior to the rate going public or not? Thanks.
BWM: I could speculate about this… but public or not we only will be allowed to do ANYTHING once we get the emails explaining what we should do…
redsnowbird: If the IQD floats…..which is what is being told by CBI and IMF…….what does that do to our group rate? Or does it have any effect?
BWM: I honestly don’t see the float other than managed… it would seem to me that any “group” rate would be there to offset an time period for concern
redsnowbird: Will we be able to exchange our VND at different banks before we do the group rate at WF for the IQD? Or are they tied together?
BWM: we’ve tried to discuss this in the past… and to be brutally honest, it’s ALL guesswork until it happens. Any information that a guru passes along about a bank is based on information that the bank has gotten from the UST… and as we all know…the UST lies
xyz: BWM what’s you take on Reno? Real or scam-city?
BWM: simple… if someone wants your dinar and are not willing to give you actual U.S. Dollars… or some other spendable currency, what good does it do you anyway… let me answer the whole SKR scenario simply by this… a U.S. bank CANNOT accept the dinar under any circumstances to “hold” for payment legally within the confines of their institution… if some “joe” wants to give you a receipt for your dinar promising you cash when it rv’s and you give them your dinar… that’s on you
adventuregirl: I would just like to say it’s been a really fun place to put up my feet. Thank you everyone for your friendliness, light heartedness and your more than kind welcome. I will really miss you all!
BWM: again… most here are members at other sites… while it may not always provide the comfort of the “tree” as far as safety from the hype it’s still going to be possible to catch up with ppl and communicate
inwest: BWM thank you for sharing your knowledge with us. Do you believe there is a global currency reset or is there is simply a rv of the Iraq Dinar?
BWM: I’m not a conspiracy theorist by any means… I would surely enjoy some of the ideals that seem to have come forth from that conversation but I don’t spend time working on those theories… I have my plan and I believe it has been thought out and challenged enough personally to make sure it can be successful regardless of any changing circumstances
codreamer59: BWM Other than the fact that we should put our exchanged dinar in a separate account from the vnd, are there any words of wisdom you want to pass on before we exchange?
BWM: honestly, regardless of who’s name is on the bill (UST or Fed) the currency is still guaranteed by the United States of America… period. So all the panic about this bill or that bill… if I put a bill in the bank it becomes digital money GUARANTEED at the face value of the bill regardless of the buying power I possess…
speedracer: BWM on a previous class room we talked about a tax on US citizens moving money to offshore accounts. If I remember correctly it was a 30% tax starting in 2014. I think it was hidden in the back of some highway bill. Do you remember this and can you expand on this? Thanks for all you have done!!!
BWM: yes it was hidden in the highway bill… but has been superceded by yet another bill that can completely freeze your monies until you prove clear from all tax liabilities… you will need as we have always stated to see a TAX and Investment PROFESSIONAL to set these things up safely and securely
Blinkster: BWM thank you. I know you as well as all of us are waiting for the same thing- some have dire circumstances and some don’t right now… we all want the same thing. I know it’s not popular to debunk the hype that abounds out there, but thanks for doing so anyway.
BWM: it’s true some situations are worst than others… part of life sadly and I can sympathize on every level. We never wanted to DEPEND on this but for some it seems the only answer to the questions that face us daily… all I can say is keep on doing what you can for your family and yourself FIRST and listen to the “intel” last
inwest: BWM, sorry but you didn’t answer my question. Do you think there is a global currency reset?
BWM: sorry about that… I believe there are several options to a financial reset… all of which I won’t get into strictly because some of the theory would require too many “ifs” to consider… I do believe there is a valid and feasible way that the global economics NEEDS to be restarted… whether that answer is as some have tried to explain to you I can’t really agree necessarily
redsnowbird: BWM…..I have so many different plans based upon what level the IQD does revalue or CE or float……that now I am getting worried that I have too many plans….and I am getting dizzy making plans…..what would you suggest…..go foward and have a simple plan to start…..and then adjust later?
BWM: I consider my plan to be in “phases” like you suggest… kind of a low, medium and high. My low being the bare minimum of things I need to do and my high being the all out everything your heart desires kinda plan… and yes I will adjust accordingly based on what I feel I can do Safely for my long term goals
redsnowbird: With what has happened in Cyprus….and the fact that now it has been determined that any bank in the US that fails….they will use the banks customers money to pay off debts first…..unless it is under the FDIC limit…..have you considered changing your mind about putting all monies in US?
BWM: call me southern but I still believe in ppl here… while I have said that I don’t get into the whole republic and reset conversation… I do believe a time is coming that we will get back to the basics… if for no reason other than history repeats itself… altho I have faith a little deeper than that
rjandrj2: What is a realistic timeline for all of this finally end? Within a year? Two years?
BWM: I don’t discuss date or rate info in public… like everyone public or private, I have had my times where I was hopeful if not even confident it would occur… it has led me to question the reliability of the information that I have received and has cut down what I consider “reliable” sources… most of the ones I trust don’t give me WHEN it will happen but when it WON’T and I work off timelines from that… I have dates just like everyone else that I have been given to expect or not expect things… but it doesn’t do any good IMO to put that out because I can’t change or advance any timing and it would set up expectations that aren’t realistic until it happens
lostintx: BWM, thank you for guidance and sometimes lengthy patience. We all need to realize that this has the potential to completely change the playing field as far as the haves and have nots. I pray we make change and do not travel their same road.
BWM: every question has made me consider where I personally stand… sometimes strengthening my resolve other times making me question it… the whole idea from the beginning for these sessions was to continually learn and advance
go-go-rv: BWM thank you for all the years of information you’ve given us. I am a US citizen, have a bank account in Canada. When I do my exchange over there, will I still have to pay taxes?
BWM: I’ll be honest go go… I have dealt specifically with U.S. issues and I’d hate to speculate the tax situation… in that situation you may possibly be required to put the money into a U.S. bank and work from there.. .under that scenario I would expect you would be subject to U.S. tax codes then moving the money to Canada which (see a tax professional) could create a second tax liability… you will want to understand all the situations before you put into one bank or the other IMO
BWM: I appreciate all the kinds words that you have sent through dialog… I won’t post all those but please understand that I truly do appreciate the opportunity that I have had to chat with each one of you
jhky: Simple question-is Iraq in sole control of the RV and if not who else plays a part?
BWM: nope… that’s my story and I’m sticking to it…
BWM: we’ve heard the “injunction” story and yadda yadda yadda… when a country can wake up one morning and find it’s currency revalued (india, several years ago) who do you think has control of a change in value of the currency.. ultimately it falls to the IMF to make that decision whether a country can or cannot
drae0879: Has Iraq actually RV’d?
BWM: how many times must you hear this before you completely shut your mind to it… in my opinion there are two scenarios neither of which is Iraq rv’ing in country first… either it goes everywhere at once or… well we will just have to see when it happens
speedracer: BWM Are you still planning on using Suisse Bank and Dutsche Bank (in New York if I remember correctly)?
BWM: uh… yeah that’s part of the “adjustments” in my plan… I will be looking at all the options for a foreign entity before deciding… honestly, I feel pretty good about my money being in the U.S. at this time but again, I am continuing to learn and adjust daily/weekly still
rjandrj2: Then who really does decide?
BWM: that’s the complicated megamultibzquadtrillion question… there are complicators as there is with any truly great thing… I do believe the IMF has ultimate say in whether the dinar CAN revalue… BUT I also know there are other entities working for their own greed and sheer pleasure of seeing ppl fail
BWM: again, I appreciate the comments about the past few years…
BWM: I have spoken to some of the SAME ppl that several of the gurus are getting their information from and yes, I HEAR THE SAME THINGS…. have I lost hope? Nope.
Do I think we’re close? Can YOU change the timing to the point that it matters? Didn’t think so… has 1 iota of information a guru given you on the timing of the actual RV EVER been useful to you?
I started doing classrooms at another site to facilitate the number of new and old (confused by the rhetoric) dinarians who just wanted to be able to ask a simple question and get a simple answer. No, not the “rate and date” question. But I can’t even begin to count the number of times I sat and answered the ol’ LOP question.
We moved into a little chat room and it was just you and me. Then it was a mod and you and me. Suddenly, there was a whole lotta you and I was completely blown away even with some of those numbers that ppl could sit quietly, ask a question and wait patiently for an answer. I’d do it over and over again if needed. But we’ve come to that fork in the fork (wait for it)…. IMO.
BWM: You can determine how many more superfantastic days you’ll sit waiting for a guru to post some tidbit of information or get on a conference call that will give you another time or day to cling to for hope. LISTEN to them.
Even they admit they are “guessing” now with the ol’ standby “well treat as rumor” or the ever popular “now this is just what my sources are saying”. If you are employed and just getting by or living the “large” life, or, you’re unemployed and desperate for something that will pull you out of the depths it begins with YOU…
I could go down another path here religiously but at the end of the day you were given the gift of CHOICE.
BWM: thanks again for your time in chat… I know there are a couple more questions but I will release the room so everyone can chat and I’ll still be around to answer those other questions as needed…