My Dinar response from Senator Kay Bailey Hutchison

Dear Friend:
Thank you for contacting me regarding the United States' holdings of foreign currency. I welcome your thoughts and comments.

The United States Treasury holds two foreign currencies in reserve: the European Union’s Euro and the Japanese Yen. In similar fashion, the Federal Reserve System also holds the Euro and the Yen only, although it maintains additional reciprocal currency arrangements with the central banks of Canada, Mexico, Switzerland and the United Kingdom. According to the most recent information supplied to Congress, neither the U.S. Treasury nor the Federal Reserve System holds the Dinar, the currency of Iraq.

Please be assured that I am committed to the goal of reducing federal deficits and balancing the federal budget -- without raising taxes. I am a cosponsor and strong supporter of both the Balanced Budget Amendment to the U.S. Constitution and S. 1340, the Cut, Cap, and Balance Act of 2011 (which includes the Balanced Budget Amendment). We need a permanent solution to deficit spending and rapidly accumulating national debt.

You may access the U.S. Treasury’s current International Reserve Position at: www.treasury.gov/resource-center/data-chart-center/IR-Position/Pages/default.aspx. In addition, you may view quarterly reports documenting the foreign exchange operations of the U.S. Treasury and Federal Reserve System at: www.newyorkfed.org/markets/quar_reports.html.

I appreciate hearing from you, and I hope that you will not hesitate to contact me on any issue that is important to you.

Sincerely,
Kay Bailey Hutchison
United States Senator

What a load of crap.

Some people must know more than Senators and Congress and Banks. Can you find a bank (big 4 ) or other that will say they will exchange the dinar ? NOT A ONE and I have called them all...maybe all the bankers that deal with currency are STUPID ? Could we be the STUPID ones ?

I know when I did research that it was never the UST that had any dinar ever..they do handle interest payments though.....it was the FED that handled the "exchanges" and upon further research, I found a one liner that stated ..payment in "oil" so the Fed may truly not have any dinar stashed anywhere but may have provided an exchange worth millions of dinar and took oil contracts for their payment...the website was

http://investorshub.advfn.com/boards/board.aspx?board_id=7851 LOOK AT #16....so if that is indeed the case then these letters we receive from our congressman are actually accurate and we can rest easy they arent bold face lieing to us.

http://en.wikipedia.org/wiki/Reserve_currency#Other_reserve_currencies

Any Dinarian that wastes thier time writing a politician or even begins to think your going to get an honest answer from one of them is a complete idiot . Look at OKie, he's being misled by the best of em' LOL sorry Okie

faithfullyhis wrote:Some people must know more than Senators and Congress and Banks. Can you find a bank (big 4 ) or other that will say they will exchange the dinar ? NOT A ONE and I have called them all...maybe all the bankers that deal with currency are STUPID ? Could we be the STUPID ones ?

Yes, I have been told by Bank of America, Chase, and TD bank that they will be exchanging. I already have a deal set up with BOA. So I know I AM not stupid at least ;-)

I wouldn't trust any beaurocrat unless he or she were my Mother, Daddy, brothers or sister...the rest are unworthy and all of them need to be tried for HIGH Treason as far as I'm concerned. Everyone of them that we have right now have and are still selling us out for this new world order! :evil:

therealbutterfly wrote:
faithfullyhis wrote:
Some people must know more than Senators and Congress and Banks. Can you find a bank (big 4 ) or other that will say they will exchange the dinar ? NOT A ONE and I have called them all...maybe all the bankers that deal with currency are STUPID ? Could we be the STUPID ones ?


Yes, I have been told by Bank of America, Chase, and TD bank that they will be exchanging. I already have a deal set up with BOA. So I know I AM not stupid at least ;-)



I have an account for 20 years with B of A and their currency dept said they would not be cashing in dinar, I have accounts with Chase , Wells Fargo and Citi and they all said they will not touch the dinar.

What State is the B of A in where you have your deal set up. I do not want the city...just the state ?

Thanks, should not be a problem...

Hello therealbutterfly wrote:


Do you remember the state the B of A is in where you have you cash in set up ?

Thanks

I remember something that came out about 8 years after Iran-Contra about CIA hidden bank trails and money laundering. We know that there is a strong connection between the CIA and Wall Street. I suspect that if the US holds IQD, it is in the covert realm, the same place that the secrets about the lost semi loads of USD's are found.

I may be wrong, but I seem to remember something to the effect that the State Dep't. holds at least $10m worth of a host country currency at each of our embassies. Also within my discussions with Fifth Third Bank in Indiana, I was given a detailed process of what to go thru WHEN not if the dinar revalues. I think that it is going to be standard operating procedure for a politician to ambiguous or less than forthcoming where this investment is concerned. Just my two cents worth.