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BGG responds to the Article by COngressman Bennie THompson "Congressman Bennie Thompson: Don't buy Iraqi currency "
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BGG responds to the Article by COngressman Bennie THompson "Congressman Bennie Thompson: Don't buy Iraqi currency "
2-5-2014 Newshound/Intel Guru BGG Article: Congressman Bennie Thompson: Don't buy Iraqi currency Quote: "U.S. Rep. Bennie Thompson is warning Mississippians against the purchase or exchange of Iraqi dinars:" Why would he warn anyone against "exchanging Iraqi Dinars"? The truth is, he has received numerous complaints in his office, but they are all "claiming" he and the bankers have "cashed out"...and "claiming" - THIS IS UNFAIR!! IMHO - There are NO complaints to his office "claiming" inability to "exchange" - there are numerous places to exchange DINARS. They are complaining about their investment having not "paid off" soon enough.
Quote: "The dinar is not traded on any legitimate foreign exchange and is worth a fraction of a dollar." Of course not - if it were, it would be known as an "internationally recognized" currency. Quote: "A federal grand jury last money indicted three men from the Toledo, Ohio, area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two nonexistent hedge funds." The 23 million fraud scheme had little to do with the validity of the Iraqi Dinar (as a currency) and more to do with a "ponzi scheme" parading around like a "hedge fund".
Quote: "Investors lost about $23.8 million from dinar sales, according to the indictment." ...if they bought currency (??) and still have the currency, they haven't (technically) lost - yet. It is a currency. IT'S M-O-N-E-Y...
LInk to article -- Congressman Bennie Thompson: Don't buy Iraqi currency
Quote: "The dinar is not traded on any legitimate foreign exchange and is worth a fraction of a dollar." Of course not - if it were, it would be known as an "internationally recognized" currency. Quote: "A federal grand jury last money indicted three men from the Toledo, Ohio, area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two nonexistent hedge funds." The 23 million fraud scheme had little to do with the validity of the Iraqi Dinar (as a currency) and more to do with a "ponzi scheme" parading around like a "hedge fund".
Quote: "Investors lost about $23.8 million from dinar sales, according to the indictment." ...if they bought currency (??) and still have the currency, they haven't (technically) lost - yet. It is a currency. IT'S M-O-N-E-Y...
LInk to article -- Congressman Bennie Thompson: Don't buy Iraqi currency
Ponee- Admin
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Re: BGG responds to the Article by COngressman Bennie THompson "Congressman Bennie Thompson: Don't buy Iraqi currency "
I agree with BGG on this one.
Ponee- Admin
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Join date : 2011-08-09
Re: BGG responds to the Article by COngressman Bennie THompson "Congressman Bennie Thompson: Don't buy Iraqi currency "
Ditto ...
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Kevind53- Super Moderator
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Re: BGG responds to the Article by COngressman Bennie THompson "Congressman Bennie Thompson: Don't buy Iraqi currency "
Time will tell , BGG. Is no saint
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