_9:39 PM [CAP1] Hope everyones had a great day!
9:40 PM [CAP1] Anticipating the RV anytime now.
9:40 PM [CAP1] PTR call was excellent.
9:41 PM [CAP1] Received calls this afternoon that are in agreement with Tony and jonnwg.
[CAP1] Dad's holding his own. Wants to get out of the hospital, but they want him to stay until Monday morning.
9:45 PM [CAP1] Not home yet. Had to stop by and check in with your guys.
9:45 PM [gracie] CAP1 Another long day!
9:45 PM [CAP1] Always.
9:46 PM [CAP1] Long days will be over very soon.
9:48 PM [CAP1] 3:25 PM [Renster] Was supposed to be signed at 9 am...postponed to 12 then signed at 1 the whole process took 30 minutes thud
3:29 PM [1biz4u] Renster what paperwork are they talking about?
Read More Link on Right
_3:30 PM [Dove] tomn I'm standing with you on that one... some of our guys have had some instructions to say less and we value input from those that haven't had any phone calls or visits from black SUVs .
9:49 PM [CAP1] 3:54 PM [bogeyboy] George Soros just bought 2 billion dollars of European bonds from MF Global at a discount. This man does not spend this time of money investing in a broke union unless he knows something. http://finance.yahoo.com ··· 27541321
4:00 PM [msmiss43] bogeyboy Never rejoice in anything George Soros does. He is probably one of the most evil men on earth. Research this man.
9:50 PM [CAP1] 3:58 PM [gp cobb] foundbetter : if you file this cashin as regulalr income, as I will against my AG Form 'F', the rate is on the 2010 fileing, it drops back to last year.
3:58 PM [yardbird7] Thanks rterry
3:58 PM [kdawg] While stock market investors who have not held their stocks for at least a year must pay the 35 percent rate, forex traders do not have to pay the full 35 percent rate, regardless of how long they have held currency in a particular denomination. By reporting their income on IRS Form 6781,
3:58 PM [kdawg] forex traders may pay the long-term rate on 60 percent of their gains and pay the short-term rate on 40 percent of gains.
[CAP1] Just reporting what I've received in emails.
9:52 PM [CAP1] One person's opinion.
:54 PM [CAP1] Regarding the taxes, just contact a knowledgeable tax attorney.
9:56 PM [CAP1] Except for the formal signing of doucments that happened today, I don't know of another thing to do. My contacts don't know of anything else that needs to be done.
9:57 PM [CAP1] They are looking for it to happen at any time. So, we wait for the long expected activation.
9:58 PM [CAP1] Really slow intel wise. But if everything is done, really not much else to talk about.
9:58 PM [CAP1] Did have a great meeting with the attorney yesterday afternoon.
9:59 PM [Toldyaso] Cap can it be held up any longer by certain people wanting to impose a bit more tax on it?
10:02 PM [CAP1] Toldyaso -Haven't had the opportunity to research what took place in Congress today.
9:59 PM [Sprinkles] CAP1 how long could they go without releasing, do you have any idea? just curious, thanks?
0:01 PM [CAP1] Sprinkles-I believe it's already released and going thru the process, or they would have to reset the bank codes.
10:03 PM [CAP1] They were to expire today is my belief.
10:11 PM [nonitx] CAP1 As I remember Jonnywg report a week ago, the lockdown data that was input was to expire tonite at midnite.
10:11 PM [CAP1] nonitx - I agree!
10:13 PM [CAP1] Thanks guys again for the prayers. Prayer makes a difference.
10:15 PM [CAP1] I was told that they did not want to RV when the banks were open due to the fact that one could buy from a bank in a different time zone at the very last minute, or at least place a wire to pay for the dinar.
10:15 PM [sandytob] Actually, regarding the taxes Cap1, I have seen differing opinions between them. Several say it is personal income (35%), some say capital gains, and then there was one that was posted by Frank: have to put it in another post.
0:15 PM [sandytob] Charlie talked to a CPA – the CPA is talking about dinar tax info – Charlie comes on – CPA is an independent contractor to the IRS – represents people by proxy to IRS – she brings some info that is amazing –
she’s enrolled to receives the Enrolled Agent Journal – not everyone gets this – the issue she now has is for Nov/Dec. Vol. 29 #6 and it says the following – income tax rates and brackets –
TAX BRACKETS HAVE BEEN EXTENDED THROUGH 2012!!!!! – CAP GAINS REMAIN THE SAME THROUGH 2012!!!! If you pay 0 – 15% - NO DIFFERENCE on long and short term Cap gains will continue and only be 15%!!!
10:17 PM [CAP1] sandytob -Amazing! and my attorney agrees as well!
10:17 PM [CAP1] sandytob -Good job!
10:19 PM [sandytob] I have been going crazy trying to find someone who will use the 15%....I have not held the dinar long so I need this special ruling.
10:19 PM [CAP1] You really need to think about estate taxes too. Most of us will be in the bracket of having to pay 55% in estate tax when we die, if we don't have a spouse......unless your plans are structured properly.
10:19 PM [nonitx] CAP1 I thought that wasn't an issue with a trust?
10:21 PM [CAP1] nonitx -Only if you don't have ownership in the trust. but again, talk to you own attorney. He will guide you in the best way possible for your particular situation.
10:22 PM [CAP1] Just trying to get you guys thinking along those lines because the time is upon us!!
10:23 PM [CAP1] Since I'm not an attorney, I won't try to answer your questions regarding trusts at this time.
10:22 PM [nonitx] CAP1 As trustee you have no ownership...currect? But have control over the money and what is spent, etc.
10:23 PM [CAP1] nonitx -wise!
10:18 PM [sandytob] I know I have to use an atty in MD (where I live) to set up trusts, but I think that some tax attys can operate in all states.
10:19 PM [CAP1] sandytob -They can. We looked at Wyoming Trusts yesterday.
10:20 PM [sandytob] I was told that the trust laws are different in all states and you must set it up with an atty where you live.
10:09 PM [rolltide] [jonnywg] skysthelimit i think it is all done and rates will show over the weekend probably Sun 2am CBI.
[CAP1] [jonnywg] Good evening my friends. Today will be a day that we will all remember. Iraq is OFFICIALLY a sovereign country, the papers are completed. We knew yesterday that there was a big meeting in DC - Pennsylvania Avenue was shut down at 6AM for security.
It was all about Iraq getting documents signed. Are we going to see the RV this evening, this weekend, Monday? - YES. We know it’s done……they came up with $600 billion dollars to bail out Europe. The IMF gave it (remember the IMF was broke 3 weeks ago,
HMMMMMMMMMMMM, wonder where they got it? The Euro deal could not have been done without the RV. … So as the last single to the dance we wear our RED SHOES (with sparkles) an wait for the opportunity. We will be ready as I am not the Grinch anymore.
10:26 PM [nonitx] CAP1 I went out and bought some new red shoes tonite! whoo hooooo!
10:26 PM [CAP1] nonitx - I bet they are beautiful and you as well in them!
10:27 PM [CAP1] If I didn't think it was so, so close.......I would not have gone to the attorney yesterday to start the ball rolling.
10:28 PM [CAP1] Actually, there were four Dinarians in that meeting.
10:30 PM [CAP1] O. K. got to go! Have a great night. Dream a little!!
10:30 PM [Billy21687] Cap1 do you think it will go before 9am I'n the morning.
10:31 PM [CAP1] Billy21687 -Can't give you an exact time line, cause I don't know. But I sure look forward to cashing in on Monday, or at least starting the process.
10:30 PM [blessedseed] CAP1 sounds like Monday will be a blessed day for you! Dad out of hospital and cash in.
10:31 PM [CAP1] blessedseed -Amen!!