[Grunt0311] AS A COUNTRY, ASIDE FROM WAR, WHAT IS THE NEXT DEVASTATING THING THAT COULD HAPPEN TO US?
[hopeinwyo] Grunt0311 Our dollar would fail
[Grunt0311] hopeinwyo BINGO
[COdreamer] Grunt0311 What can we do to ensure that?
[Grunt0311] COdreamer Dharma37 THERE ARE FOLKS ACTIVELY WORKING TO MAKE SURE THAT DOESN'T HAPPEN... AND I BELIEVE THE ONLY WAY TO PREVENT IT IS TO ENSURE IT REMAINS THE PETRO DOLLAR.
[ljp] grunt0311 if our dollar is gold backed , won't it be stronger? and how can it fail??
[Grunt0311] ljp IT ISN'T GOLD BACKED YET, IS IT?
[Dharma37] Grunt0311 Is the release for the gold back dollar still scheduled to be 10/8?
Read More Link on Right
[Grunt0311] Dharma37 I DO NOT KNOW WHAT THE RELEASE DATE IS.
[ljp] Grunt0311 noooooo . but expecting........ But some other countries are already dropping the dollar for exchange between countries for petrol
[Grunt0311] ljp AND THAT IS A PRETTY CLEAR SIGN, ISN'T IT... THEY ARE DOING WHAT THEY CAN TO DESTROY THE DOLLAR... WHICH COUNTRIES ARE THOSE?
[wingnaprayer] Grunt0311 but I thought the larger banks were already basel iii compliant...doesn't that mean that they are gold=backed?
[Grunt0311] wingnaprayer THE CURRENCY IS PRINTED AND READY TO GO, BUT HASN'T BEEN RELEASED YET.
[Pilgrim] Grunt0311 BRICS??
[Grunt0311] Pilgrim YOU GET A COOKIE.
[ljp] Grunt oh man , I should get have a cookie :O)
[Grunt0311] ljp YOU CAN HAVE ONE TOO. ;)
[luckyb] Grunt the Italians have a old saying , you cut the tail off the dog it can still bit you , but if you cut the head off the Dog it can't bite you no more . if you want to stop the negative you have to cut its head off . no other way about it , you cannot beat it on its own ground you will loose , it has to be by your rules only ,
[Grunt0311] luckyb YEP
[Tagalong] Grunt0311 Now I'm confused, If BRICS is trying to weaken our dollar, and China is part of BRICS, then why are they helping us with the Republic?
[Grunt0311] Tagalong TWO DIFFERENT SIDES OF CHINA
[HenryGeorge] THE BLACKMAIL SEQUENCE OF THE SYRIAN CONFLICT SEEMS TO BE UNRAVELING WITH MANY INTELLIGENCE SOURCES REPORTING ON THE TRUE REALITY OF THE CHEMICAL ATTACK. SEEMS THAT A FEW ROCKETS WOULD HAVE KILLED MORE PEOPLE, BUT THERE IS NOTHING LIKE A GOOD OLD CHEMICAL ATTACK TO RAISE THE HACKLES OF THE WORLD AND PROVIDE A LANDSCAPE FOR WAR.
[Independence] HenryGeorge Syria cannot happen. It will not happen. The "O" administration will eat humble pie and move on to what they are really covering up with Syria.... IMHO... :)
[HenryGeorge] ONE VERY GOOD QUESTION THAT CAME IN IS OF INTEREST HERE. Zap, is the debt the Federal Reserve owes that has to be repaid in gold about to be called? I've heard that it will immediately bankrupt the Fed and is necessary to trigger Reset. Thanks IT IS NOT NECESSARY TO BANKRUPT THE FED TO GET THE RESET DONE. EVEN IF THE DEBT IS CALLED,
THERE IS AMPLE GOLD IN NUMEROUS CACHES IN THE USA TO SUPPORT THE DEBT PAYOUT. FEW KNOW OF THESE CACHES AND THE REALITY OF THE DEBT STRUCTURE.
[HenryGeorge] THERE IS VERY LITTLE I CAN SAY AT THE MOMENT, AS THE NEXT 3 DAYS WILL SEE THE UNFOLDMENT OF ALL THAT WE HAVE LABORED FOR. THANK YOU ALL FOR YOUR HARD WORK AND TENACITY. IN LOVE AND LIGHT IN OUR SERVICE ZAP
[Grunt0311] HenryGeorge YEAH, LOOKS LIKE HE KEPT IT SHORT THIS WEEK.
[COdreamer] Grunt0311 Are you in agreement with Zap?
[COdreamer] If you can say.
[Grunt0311] COdreamer I CAN NEITHER CONFIRM, NOR DENY.
[Grunt0311] COdreamer IN ALL HONESTY, I DO NOT HAVE A GOOD HANDLE ON WHAT IS GOING ON WITH THE BONDS AT THE MOMENT. I WILL SEE IF I CAN SCRAPE UP THE INTEL ON IT TONIGHT.
[lulu] Grunt0311 I would say if anyone is trying to destroy the dollar it is the fed by printing trillions of dollars out of thin air to prop up the value I think the bricks countries recognize it for what it is valueless
[Grunt0311] lulu THE FED IS DONE... THEY ARE A PUPPET OF THE UST AT THIS POINT.
[Grunt0311] lulu AND THEY ARE NOT PRINTING ANYMORE.
[hopeinwyo] Grunt0311 Tony made a comment the other day about having to declare to our gov any gold/silver we have hidden anyplace...or face 5 years in prison. Have you heard that?
[Grunt0311] hopeinwyo I HAVEN'T HEARD ANYTHING ON THAT, CAN'T SAY.
[lulu] Grunt0311 is the whole point to make the west Basel III compliant ( gold backed which serves everyone)
[Grunt0311] lulu ACTUALLY IT IS TO MAKE EVERYONE BASEL III COMPLIANT, NOT JUST THE WEST.
[FredId] Grunt0311 How does the IRS fit in that I've always believed and been taught that they were the collection for the IRS
[Grunt0311] FredId WELL, MY UNDERSTANDING IS THAT THOSE WHO WILL BE LEFT IN THE IRS WILL BE RETRAINED, AND THE ROLE OF THE IRS UNDER THE TREASURY WILL BE A LEGAL ONE.
[BocaLinda] Grunt0311 supposedly its in ocare
[Grunt0311] BocaLinda I HAVEN'T READ OCARE BECAUSE I EXPECT IT TO GO AWAY BEFORE LONG.
[oucrazy] Grunt0311. . . but still a collection agency, right?
[Grunt0311] oucrazy IDK... I'M EXPECTING US TO GO TO A CONSUMPTION TAX, BUT I DON'T KNOW HOW EVERYTHING WILL BE AFFECTED... AS THEY CHANGE THE TAX STRUCTURE, YOU ALSO HAVE TO TAKE INTO CONSIDERATION THAT YOU ARE AFFECTING AN ENTIRE INDUSTRY.
[oucrazy] Grunt0311. . . would gladly welcome a consumption tax. . . bring it!!
[Grunt0311] oucrazy AND WHEN I SAY INDUSTRY, I'M REFERRING TO THE ACCOUNTING INDUSTRY... I HAVE WORKED IN A COUPLE OF ACCOUNTING FIRMS ON THE IT SIDE OF THINGS, AND I CAN'T IMAGINE THE NIGHTMARE THESE CHANGES WILL CAUSE. LOL
[oucrazy] Grunt0311. . . totally understand where you're coming from. . .
[HenryGeorge] Grunt0311 maybe the IRS will even appologize to Joe Banister and offer him a job!
[alfonse] Grunt0311 Sorry for HenryGeorge
[Grunt0311] alfonse WHY IS THAT? I LIKE HENRYGEORGE. :)
[wingnaprayer] Grunt0311 Can you imagine the confusion with people who owe back taxes or late filings, etc. The CPA's will become alcoholics lol
[sixpack] Grunt0311 I have a feeling it will be really simplified...they've been working on this for a long..long time
[Americana] HenryGeorge not nice?
[HenryGeorge] Grunt0311 so I apologize for posting ZAP and interrupting your Q&A :(
[Grunt0311] HenryGeorge NO WORRIES!
[ljp] Grunt0311 what do you think would happen with the people who owe late or filings???
[Grunt0311] ljp RoseRedTyler OBVIOUSLY I CAN'T ANSWER SPECIFIC QUESTIONS LIKE THAT, BUT HERE ARE SOME MORE QUESTIONS TO GET YOU GUYS THINKING..
[RoseRedTyler] Grunt0311 my dad. 35 yrs ago said if we would pass a 3% federal sales tax, no exceptions (yachts, business) and drop income tax, we would be set and doing ok. Now it would probably need to be 4 or 5%, but always thought he way ahead of his time
[Grunt0311] SO, WHEN YOU TAKE A FRN WHICH IS A (-) AND YOU ADD A UST (+) WHAT DO YOU GET?
[Grunt0311] NOW REALLY, REALLY THINK ABOUT THAT FOR A FEW MINUTES GUYS.
[Liberty] depends on how much poss and neg
[Liberty] Grunt0311 0 ?
[Grunt0311] Liberty ISparkle2 YEP
[Grunt0311] NOW REALLY, REALLY THINK ABOUT THAT FOR A FEW MINUTES GUYS.
[ljp] grunt so , say you owe $4000 with interest, and the dollar became gold backed, you would still owe it, right/?
[Grunt0311] ljp I BELIEVE CC COMPANIES WILL DISAPPEAR.
[alfonse] Grunt0311 I would think it would make a difference if fraud was involved or not
[Grunt0311] alfonse I AGREE WITH YOU THERE.
[Grunt0311] ljp AS FOR OTHER DEBTS THAT YOU PERSONALLY OWE... I DON'T KNOW.
[Grunt0311] ljp CREDIT CARD
[Dharma37] Grunt0311 how long can you imagine that would take to manifest?
[Grunt0311] Dharma37 GOOD QUESTION... I'M REALLY NOT SURE.