Monthly Archives: December 2018

The Iraqi Dinar Scam

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You Will Not Get Rich from the Iraqi Dinar Scam!

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this MAGA or MDGA?

That would be “Make the Dinar Great Again.”

In the latest parody-to-real-life thing happening in the kingdom of MAGA, we see a nearly decade-old scam coming to vivid life for the faithful clingers to every, incoherent word of Donald Trump.

In this particular scam, Trump supporters have decided to invest hefty sums of money into the Iraqi dinar, a currency worth less than an American penny. The goal is to have enough invested in this worthless currency, so that when a coming “revaluing” happens, boosting the worth to somewhere around $3 or $4 for a single dinar, they’ll all be rich.

They’d be better off playing the lottery, here, but for these true believers, a single comment from President Trump in 2017 pretty much set them on fire. If he can be a messiah here, he can surely bring wealth and goodness to the whole world, right?

In what was a 2017 press conference, Trump said all currencies would be on a “level playing field,” soon. He was talking about those perceived trade imbalances with China, but that’s not how his followers took it.

One particular investor, Hayes Kotseos, of North Carolina, explains her family’s hopes for the dinar.

“I love my president, and I was like, ‘Oh my God,’” Kotseos told The Daily Beast.

The purchase, Kotseos said, cost her and her husband somewhere between $5,000 and $10,000, counting the cut to the company that sold them the dinars. Two of her adult children have bought millions more dinars, too.

“If it happens, it’ll be awesome and there’ll be a huge party at my house,” Kotseos said.

Of course, there was a time, before the first Gulf War, when the dinar actually was worth about $3, but war, sanctions, and time have taken a toll and driven the value to near-nothing.

State regulators have been warning against this scam. There have been indictments against dinar sellers, even, for misleading investors about the prospects. None of this is dissuading them.

The dinar scam has become particularly Trump-centric since 2015, over rumors that Trump has personally invested in the dinar (there’s no evidence that he actually does). Search-engine searches related to Trump and the dinar have shot up, according to Google Trends, returning hoax articles claiming Trump has bought millions of dollars worth of dinars.

They’re reaching out to Trump across social media, hoping he can fast-forward the process of making the dinar great again.

“MR TRUMP. I really admire you….please help us with this RV,” wrote one Twitter user. Another asked Trump to increase the dinar’s value to “give us the financial tools we need to support your efforts.”

Who wants to take the bet that the online conspiracy hucksters, QAnon are also hot with this crowd?

You’d be correct.

It would seem this is the kind of scheme crafted perfectly to take advantage of this really dumb era.

Jay Addison, an attorney who follows financial scams, watched for six years as dinar believers’ hopes for a revaluation failed to materialize. After writing a 2012 blog post about why the dinar was a bad investment, Addison heard from dinar investors who insisted the RV was about to occur.

Six years later, it still hasn’t happened.

Addison, who calls the hype around the dinar a “study in stupidity,” said he’s personally encountered dinar investors who were otherwise savvy in business but became entranced by the prospect of instant riches.

“I’ve had a few clients fall for it,” Addison said. “They weren’t really the sharpest knives in the drawer.”

“They’re basically told that it’s a sure thing. Nine out of 10,” Addison said. “When it’s actually one in a hundred billion.

He’s not even saying that it couldn’t happen. What he’s saying is that the likelihood is so small that investors in this particular scam are really throwing money away.

There are online clubs for these investors, with names like, “Dinar Vets” or “Dinar Detective.” They even have unboxing videos, where they video themselves opening up the boxes of dinar they receive.

These guys are really dedicated.

Did I mention it was a scam?

But the dinar-specific corners of the internet are also rife with manipulation. In October, the owners of a Georgia-based dinar reseller that made $600 million selling the dinar and other currencies were convicted of fraud for misleading investors about the dinar’s chances to gain value.

Their scheme, according to prosecutors, included paying off a dinar “guru” to tell his fans in chat rooms and conference calls that he had high-level sources in American and Iraqi government and international financial institutions who were sure a revaluation was imminent.

Dinar holders had what one of the accused sellers described as a “cult-like” devotion to their dinar guru’s news. But according to prosecutors, those government “sources” were entirely fictitious.

The most devoted dinar investors tend to become obsessed with the minute details of Iraqi politics, convincing themselves that a new director of the Iraqi central bank or a particular infrastructure program in Nineveh is all that stands between them and millions of dollars.

Chatrooms, “fake news” sites, and appeals to President Trump to wave his magic MAGA hat, to speed up the revaluing process – this is all part of the bizarre dinar craze.

Imagine if these people took the tens of millions they’re investing in a scam to make sound investments with their money. Where would they be in another ten years

I’m going to guess a lot better off than with this particular flimflam.

 

 

Rough and Tumble Holidays!

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When a small child frequents your place of residence, chances are you’re going to pick up any disease they come home with, which has been the case this holiday season. Ingrid blessed us with her germs, and John and I have both been ill. Mine developed into pneumonia. Remarkably, I have continued to work, since I work from home, and have managed to wrap all the presents and get out of town presents mailed on time. Quite an accomplishment, considering everything I’ve been experiencing.

Feeling human again today. Still sniffing a little, and regrettably, I don’t think I’m going to feel like flying to Reno for our friends’ Kat and Len’s party on the 26th, but am doing pretty well and am ready for the festivities to begin!

My friend, Shannon Kringen is coming to town with her boyfriend tonight, and we’re going to listen to Rae Gordon’s Christmas show. Rae is my favorite blues singer, by far, and is always, always entertaining. After we hear Rae, we’re going to Wine-30 in Milwaukee to hear a Reno friend, Adlai Alexander, sing his incredible Brazillian jazz. Musical holidays are the best holidays!

John is going out to grab a tree this morning or tomorrow, and we’ll all decorate it later. I’m going to clean my already-clean house from top to bottom, start on my baking….oh….and work. I have to work today…..But I feel the excitement in the air. I’m happy. I’m hopeful. I’m as much in love as I ever was….. I’m ready for the new year to begin. Matters of the heart and mind are good. I am in a good place.

Merry Christmas, everyone!

Happy Holidays!

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Happy holidays to all my followers! In the new year, I will be taking more article requests, so please don’t hesitate to drop me a line if there is a particular topic you’d like for me to address.

As the holiday season is upon us, I’d like to remind everyone that many different cultures celebrate many different holidays. Please don’t think December is only for YOUR preferred belief system. There’s room for everyone!

Have a happy holiday, and a great beginning to the New Year! Prayers for peace. Action for peace. Think peaceful thoughts.

My Firm Political Stance

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This is where I stand on the whole Trump issue.

I apologize to no one for this.

 The fevered ego currently occupying our White House, his power-hungry cronies taking positions of authority in his Cabinet and administration, and the majority of Republicans & Democrats in Congress are a real and active threat to me, my way of life, and all the people I love.  Unless you are worth billions of dollars, they are a threat to you and your life, too.    Therefore, I will continue to be a part of the solution by drawing attention to what’s happening and encouraging us to all resist. If you can, join in. If you disagree, fine. But, I refuse to “play nice” in the face of what these people are doing. Our country’s well-being demands that we stand up and resist.

Some people are saying that we should “work together” with Trump because he won the election and he is “everyone’s president.” This is my response:

I will not forget how badly he and so many others treated President Obama for EIGHT YEARS…BUT, apart from that, this is why I cannot support this president’s agenda:

• I will not “work together” to privatize Medicare, cut Social Security and Medicaid. EVER!!! We have paid every single dime into Social Security. It is OURS, not Congress’s to spend to court rich donors from Wall Street.

• I will not “work together” to remove civil rights from ANYONE–like the evisceration of the Voting Rights Act of 1965 OR the continued partisan gerrymandering by the GOP.

• I will not “work together” to destroy marriage equality and make it a states right to deny love between two people. Your “religious liberty” does not give you some right to take away my rights. Your faith, no matter how deeply felt, doesn’t make our civil laws.

• I will not “work together” to deny health care to people who need it.

• I will not “work together” to increase the profits of the insurance companies. (Notice they rarely, if ever, go bankrupt).

• I will not “work together” to erase or redefine my trans brothers and sisters. I will not subject them to embarrassment in bathrooms.

• I will not “work together” to deny medical coverage to people on the basis of an alleged or actual “pre-existing condition.” (At some point, we will ALL have a pre-existing condition if we live long enough).

• I will not “work together” to build a wall. (Walls have never worked, and eventually they all fall.)

• I will not “work together” to persecute Muslims.

• I will not “work together” to shut out refugees from countries where we destabilized their governments, so that we could have something more agreeable to our oligarchy.

• I will not “work together” to lower taxes on the 1%.

• I will not “work together” to increase taxes on the middle class and poor.

• I will not “work together” to help the president to line his pockets and those of his cronies.

• I will not “work together” to weaken and demolish environmental protections.
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• I will not “work together” to sell American lands, especially National Parks, to companies which then despoil those lands.

• I will not “work together” to enable the killing in any way of whole species of animals just because they are predators, or inconvenient for a few, or because some people want to get their thrills killing them.

• I will not “work together” to waste trillions more on our military when we already have the strongest in the world.

• I will not “work together” to alienate countries that have been our allies for as long as I have been alive, and longer.

• I will not “work together” to slash education funding.

• I will not “work together” to take basic assistance from people who are at the bottom of the socioeconomic ladder.

• I will not “work together” to allow torture and “black op” prison sites.

• I will not “work together” and deny that there is a color imbalance in our criminal justice system. We need to address it.

• I will not “work together” with a mentality that twists peaceful protests into a lack of patriotism. Kneeling is NOT disrespectful to the flag.

• I will not “work together” with a leader who bullies others.

• I will not “work together” to “take their oil.”

• I will not “work together” to get rid of common sense regulations on guns.

• I will not “work together” to eliminate the minimum wage.

• I will not “work together” to support so-called “Right To Work” laws, or undermine, weaken or destroy unions in any way.

• I will not “work together” to suppress scientific research, be it on climate change, fracking, or any other issue where a majority of scientists agree that #45 and his supporters are wrong on the facts.

• I will not “work together” to increase the number of nations that have nuclear weapons.

• I will not “work together” to put even more “big money” into politics.

• I will not “work together” to violate the Geneva Convention.

• I will not “work together” to give the Ku Klux Klan, the Nazi Party and white supremacists a seat at the table, or to normalize their hatred.

• I will not “work together” if it means ignoring the fact that a foreign country interfered with our elections while this administration has done nothing about it.

• I will not “work together” or honor a man who is a sexual predator.

• I will not “work together” with politicians who want to criminalize abortion… or regulate it out of existence.

• I will not “work together” to engage in voter suppression.

• I will not “work together” to normalize tyranny.

• I will not “work together” to eliminate or reduce ethical oversight at any level of government.

• I will not “work together” with anyone who is, or admires, tyrants and dictators who murder their opposition.

• I will not “work together” with #45 because I will not allow one man to feed upon the fears of the populace, blaming minorities for their condition or their inability to thrive.

• I will not “work together” to put children in cages.

• I will not “work together” to invite or condone violence against journalists. Or ignore the murder of one!!!

• I will not “work together” to dismiss and demoralize the intelligence community upon whom our national security relies.

This is the line, and I am drawing it. I will stand for honesty, love, respect for all living beings, and for the compassion and humanity that is the center of Life itself.

• I will use my voice and my hands, to reach out to the uninformed, and to anyone who will LISTEN for what’s really so dangerous about #45, his friends and the Big Lie they spin to the world: to wit, that “winning,””being great again,””rich,””beautiful,” or even “white” is anything more than nothing when others are sacrificed to glorify its existence.

Holiday Season

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Feeling especially joyful and grateful this holiday season.   Have been working very hard to make up for the near-month we spent in Reno, but am still trying to carve out the time to enjoy the season.   I’ve been shopping and baking, wrapping and cleaning.  I’ve been singing and volunteering and basically enjoying this time of year.   I’ve been going to see musical and theatrical events, Christmas lights, Christmas tree lighting,  Jewish Hanukkah ceremnies, a Kwanza musical…..I’m really getting into the spirit of the season. 

I’m still taking my long walks every day, and as the weather gets colder, I step a little faster.  It’s fun to see all the decorations

Planning to spend Christmas at home with the family this year.  It should be great.   However, I’ve really been bad about keeping up with my blog….but I’ll get better at that, too.  I have a lot of exciting information to impart in 2019!