EAGLE1 POST AND REBUTTAL BY DINAR DOUCHEBAGS!

Mail-BagHappy Monday Dinarians,

One of our regular contributors, Marc, sent to my Mail Bag an email letting me know about this latest posting on Dinar Douchebags. 

I have admired DD for a while now, and I am re-posting part of their post below, to read the entire post, go directly to the DD website (LINK).

~ Mr. IQD

REPOSTED FROM DINAR DOUCHEBAGS:

Eagle1 Post and Rebuttal

Recently the dinar world was updated by Eagle1 on the delays in the GCR (Global Currency Reset) and the roll-out of the Babylon II software that the international banking industry will supposedly be using to track every country’s exchange rate and assets which will be required to back their currencies.
I’m not going to take the time to respond to the whole post, but I will address a few important statements.  Eagle1’s words are inred and my responses are in black.
* * * * *
Many months ago I published a post detailing the purposes of the Babylon II software that was implemented globally in the world banks. That process began last February.

This mythical software was no doubt called “Babylon II” because it would capture the attention of church people who believe that the RV of the dinar is a prelude to the eschatological “rebuilding of Babylon” in modern day Iraq.  This view of bible prophecy has been exploited to trap untold thousands into buying dinar.

The rollout was not without flaws and failures despite months and months of testing.  Without repeating a lot of what I said, the objective in the banking system was to enable daily adjustments in currency values while tracking the asset backing of each nation which would become the basis of each currency’s valuation.

And we’re supposed to believe that this incredible revamping of the world’s currencies and the new software to track them has gone unreported by Forbes, the Wall Street Journal, and every other respected financial publication but somehow Eagle1 knows about it?

The functions incorporated in Babylon II make the software for Obamacare pale by comparison.


So implementing a program that keeps track of less than two hundred currencies and their nations’ assets is more complicated than enrolling tens of millions of people into various health care plans?  I knew that he was going to use the Obamacare website fiasco to explain why the Babylon II roll-out has been delayed.  Look, if we’ve learned anything from this administration’s screw-up it’s how unnecessary the whole debacle was, and yet it only took a month or two to resolve the issues.  But this Babylon II project has been delayed since February according to Eagle1.


The new banking software was essential for compliance with the Basel III protocols. Those protocols require all participating banks to raise their asset base to a minimum of 10% of overall liabilities.

As one of my readers jrg pointed out, the Basel III reforms can be found athttp://www.bis.org/bcbs/basel3/b3summarytable.pdf and they say nothing about asset backed currencies.

That sounds nuts when you think about it but when you realize that banks have been operating at a level of 5% since 1999 during the Clinton administration — a level incidentally which resulted in the 2007-2008 crash of so many banks — you can understand that greed and the desire for increased profits motivated that downward shift in 1999.

Former Fed Chairman, Paul Volcker, strenuously objected to the lowering of those standards in 1999, along with allowing banks to get into investment strategies for which they were not designed (or prepared) such as hedge funds, derivatives trading, etc., etc.

The Volcker Rule, which was just added to the Dodd-Frank regulations in the past few weeks, is an attempt to repair the cause of the banking debacle.

Even the 10% asset level, in my personal opinion, puts banks at continued risk — especially when you have the kind of exploded economy we’ve been suffering through during the past five years.

A quick example, if you don’t mind. When I was the president of Union Bond & Trust Company in the 80’s, Hong Kong-Shanghai Bank (now HSBC) offered me $50 Million for one year at 7%, payable in arrears. At the time, it meant I could lend out $500 Million during that year. At prevailing interest rates, I could easily make $50 Million and more during the year, return the $50 Million loan at year’s end plus the seven percent and be fat and happy.


Here it is.  The big credentials reveal.  This guy is not only a minister but he’s also the former president of Union Bond & Trust.  This of course is about gaining trust.  Surely somebody with such an impressive background knows what’s really going on here, right?  Let me remind you that Rudy Coenen claimed to be a former VP at J.P. Morgan Chase, but according to the federal indictment against him he worked there a total of one day and wasn’t a VP of anything.  Rudy is now awaiting sentencing for defrauding dinar investors.

The catch was that if any of my bank officers made risky loans, I could get hung out to dry and be liable for those funds without the ability to repay in a timely fashion.

We do business locally with Yakima Federal Savings & Loan for our ministry. They are easily the strongest banking institution in the northwest and one of the strongest in the nation. They keep their asset base at around 27% (and at the moment are nearing 30%). By comparison, this past year Bank of America was sanctioned by the FDIC because their asset level fell to 4.57%.

You get the picture!

With the Global Currency Reset in the offing, the implementation of the Volcker Rule is highly significant.

The major banks have been required to implement this rule immediately, while smaller banks will have until 2015 to get out of the various investment portfolios they are involved with.

The chief concern, and the primary logic behind the implementation of this rule, is that with the GCR taking place and many people holding different currencies, among which are the IQD and the VND, there will be a sudden influx of cash into the banks and the banking system as a whole.

Banks will suddenly have multiplied millions of dollars on deposit that they can turn around and reinvest into legitimate banking operations.

The Volcker Rule prevents banks from using those funds in riskier endeavors and putting depositors’ monies at risk.
 
Is he saying that the Volcker Rule was implemented to protect the windfall from the RV and the GCR?

Many of you will remember the “false flag” events that preceded Kuwait’s revalue 20 years ago and China’s revalue more recently. In each case, just prior to the revaluation of their currencies, notices were published which were designed to deflect any immediate attention to what was actually occurring.

False flag?  You mean Saddam didn’t invade Kuwait and take their money and torch their oil fields?  You mean he never used… FULL ARTICLE
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16 thoughts on “EAGLE1 POST AND REBUTTAL BY DINAR DOUCHEBAGS!

  1. Hey Mr. IQD…Get a life, do you do anything constructive in life? What do you do…send me an idea of what you do so we can see what a hack you are…And by the way, Eagle 1 has held a high level position and he has several contacts with agencies giving him credible information…what do u do, work the drive thru at wendys? hahahahahahhahahaha

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    • Regner Alvin Capener (Eagle1) hasn’t “held a high level banking position” at all. If you read the comments underneath the DBB article, it turns out Eagle1’s entire banking experience is nothing more than a junior employee in a tiny Alaskan town who quit during managerial training:-

      “The job wasn’t paying a whole lot of money [unless you are in senior management in banking, you don’t make any money at all], and I was struggling to pay my bills. I decided it was time to get my bills paid off and actually make a move towards permanent, full-time pastoral ministry, resigned from the bank and took the surveyor’s job.” – Eagle1 describing his whole banking experience in his own words.

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      • Thanks Brian! I’m glad to have readers like you step-in and help with the conversation. 🙂

        Become an Ordained Minister today!
        May I also point out that just because someone calls themselves a “Reverend” (or any other Spiritual Leader title) that does not AUTOMATICALLY mean you should give them that respect – why for just a few $$$ even Mr. IQD can become an “Ordained Minister”… check it out: http://www.firstnationministry.org/request.shtml or, here is another website: http://www.theamm.org/how-it-works they will Ordaine you for FREE. And, if you Googled the keywords, you would find many more services including ones like: http://openordination.org/

        Now, of course, I do recognize there are legitimate services, but friends, it is all in doing your due-diligence. Kind of like some people I’ve known in my Professional Life (beyond Wendys drive-thru) that say they are a “PhD”, all to come to find out they paid $200.00 online for that “PhD” with an online “University” located in London, England. Putz!

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      • Yes, thanks Brian. Sheeple are full of people like Bo who believe anything they hear that bolsters their wishful thinking.

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    • You believe him with out proof ! I have a statue for sale it’s really big lady and has a pointed crown. Wendy’s I’d rather do that than be some fake ten dollar minister. At least Wendy’s pay you for doing some work ministering is nothing more than begging for cash in the name of an unproven myth.

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      • Eagle 1 has held a high level position and he has several contacts with agencies giving him credible information…LOL hahahahahahhahahahahahahahahahhahahahahahahahahah
        Don’t know about Wendy’s but that a wooper!!

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  2. Eagle1???? Another total fraud. Someone who has called and called it and then wants to have some creds. Hey, folks, I can make up stuff too. Doesn’t mean I know a single person in any financial circle. Here’s a post from recently. He has many, many others like this out there.
    12-14-2013 Newshound/Intel Guru Eagle1 We are hearing a lot of noise out of Iraq concerning their having RV’d the Dinar. I don’t have a confirmation on that yet despite several phone calls from various individuals. What I do believe, however, based on some very strong and heavily supported intel, is that we will see an official release (if not a formal announcement) on Sunday of the Global Currency Reset.

    Read more: [removed]

    For the record, we’re still waiting, LOL. Several contacts at agencies? What, the cleaning crew?

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  3. I don’t know about Eagle1 or TNT or others, if they are legit or not. But I do know this, anytime you are dealing with the Gvmt or any entity, or involved in a settlement, release of funds, from a lawsuit etc., etc. it can be a very long and drawn out process. Some of you may recall the Tobacco Settlement Deal that bought out the farmers Tobacco bases and ended the gvmt involvement with it in 2002. Those negotiations began back in 1997. For over 5 years farmers waited and waited and hoped and went to meetings held by top University(Ag Dept People in the know) and thinking this could happen anytime. Over those 5 years the tobacco bases were cut drastically so that in 2002 the farmers probably ended up getting maybe a 1/10 of what they were originally anticipated from the tobacco companies. All the congressmen from the tobacco growing states were praised for their “help” in negotiating the settlement. That was the biggest screwin that the farmers got in maybe the history of mankind. I know, I used to be a tobacco farmer. Yea, everybody got a little money….but nothing near what they should have.
    These people good or bad give people hope. Hope is a good thing! I have listened to all these guys and not once have I heard them tell anybody to run out and buy more dinar or dong. I admit that $32 or $38 per dinar is a bit outrageous. But I do know that the PTB have to f%^* everybody just a little bit. So when someone talks about it coming out at 3 or 1 dollar I would be tickled to death. Even at .10 it is a great return of investment.

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    • Thanks James for your comments! I’m sorry to hear you were one of the Tobacco Farmers who got screwed by that.

      I also agree, a $0.10 to 1.00 IQD rate would be fantastic – I reason, that since Iraq’s Oil potential is at least as great as that of Saudi Arabia, plus Iraq has a bunch of minerals that Saudi Arabia does NOT have, that at the minimum their IQD should eventually become worth a similar rate as theirs which is roughly $0.23 to 1.00 Saudi Rial. But, of course, I”m pulling for a rate which is on par with that of Kuwait’s Dinar. 🙂

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      • It is interesting to me how people get into this….the dinar that is. I have only been in this about 3 months and I discovered it purely by accident. I have been following Lindsey Williams for years now and he started talking about a Global currency reset to take place in the next 90 days….that was around Dec. 1st. I had no clue what a GCR was so I starting researching what it was and stumbled onto the RV ing of the Dinar. Interestingly enough LW said nothing about the Dinar and may not even know much about it…..he basically says to get out of paper of any kind…..according to his elite friend who also says that the GCR will be the biggest financial event in the last 1000 years! This dinar thing has to be the best kept secret in the history of the world. That in itself makes me believe its the real deal.

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  4. 2-13-2014 Newshound/Intel Guru Eagle1 correlates with information from IMF source and a second confirming source that Monday Feb. 17th is a bank holiday (Presidents Day) and according to sources there should be changes in the Global Currency Market this weekend.

    (Presidents Day) I don’t even see bank holiday in fact there’s nothing for February.

    Iraq Holiday Calendar 2014

    January 2014 1 Wednesday New Year’s Day
    6 Monday Army Day
    13 Monday Mouloud (Birth of the Prophet Muhammad)
    April 2014 9 Wednesday Baghdad Liberation Day
    May 2014 1 Thursday Labour Day
    July 2014 14 Monday Republic Day
    27 Sunday Eid al-Fitr (End of Ramadan)
    28 Monday Eid al-Fitr (End of Ramadan)
    29 Tuesday Eid al-Fitr (End of Ramadan)
    30 Wednesday Eid al-Fitr (End of Ramadan)
    October 2014 3 Friday Independence Day (National Day)
    3 Friday Eid al-Adha (Feast of the Sacrifice)
    4 Saturday Eid al-Adha (Feast of the Sacrifice)
    5 Sunday Eid al-Adha (Feast of the Sacrifice)
    6 Monday Eid al-Adha (Feast of the Sacrifice)
    25 Saturday Islamic New Year
    November 2014 3 Monday Ashura

    http://www.festivalsfun.com/public-holidays/iraq-holiday-calender.html

    Hay!! Eagle 1 Do you see Presidents Day! Theses hacks are not only claiming it will RV on after every Iraq Holiday. Now there making up Iraq Holidays that don’t exist,

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  5. 4-29-2014 Intel Guru WILDDUCK OK, for illumination and understanding, 72 hours is the time frame for the algorithm of Babylon II software to renumerate the price ratios with 198 nations when a price change occurs from what was programmed before. As an example, 3.71 in the box 3.22 needs to be put in and adjusted to all the other rates …the rate will hit all bank screens in USA and then currency traders, the lag time will not be much imo…I would be lacing up my track shoes.

    THERE AT IT AGAIN WITH THIS BABYLON II CRAP! THE ONLY REFERENCE ON THE NET I’VE SEEN IS BABYLONS TRANSLATION SOFTWARE. DOUBT THAT WILL WORK FOR RE-NUMERATING 198 NATIONS CURRENCIES. WHEN THE PRICE CHANGE DOSE ACCRUE IT WILL BE FIRST SEEN ON THE CBI SITE. THEN IT WILL BE FOR THE REST OF THE WORLD TO SET THERE EXCHANGE RATES INDEPENDENTLY THROUGH THERE OWN CURRENCY MECHANISMS. IN AMERICA IT WILL BE THE UST INFORMING THE BANKS THE THE CURRENCY MARKETS THERE WILL BE NO LAG TIME AS IT WILL BE DONE WHEN BANKS AND CURRENCY MARKETS CLOSED. I’D TIE YOUR LACES TOGETHER FOR NOW BECAUSE IT’S NOT GOING TO HAPPEN IN THE NEXT 72 HOURS!
    sorry for the caps had to separate myself in some way,

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