gossip 1/4-9/13

[fireman]

I agree, let's praise the LORD and thank HIM for our Blessing. Be Blessed and Be a Blessing!!!

[transversal]

We are at the end, or people are going to have to come up with a whole bunch of new excuses!

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Here's an article with some interesting facts concerning the Treasury and assets:

Can a $1 Trillion Coin End Debt Ceiling Crisis?
By Charles Riley | CNNMoney.com – 1 hour 41 minutes ago..

What if the threat of a voluntary default by the United States could be erased by simply turning one tiny scrap of platinum into a coin?

That's right. No debt ceiling problem. No bickering in Congress. No market jitters. The only thing needed is for the Treasury Department to mint a platinum coin with a face value of $1 trillion.

Of course, this is not going to happen. Creating money out of thin air is hardly a solution. It could lead to even more concerns from those worried about inflation. Critics of the Federal Reserve's monetary easing programs would likely be apoplectic if the Treasury Department trumped Ben Bernanke's "helicopter drop" by minting a trillion more new dollars.

The influential New York Times columnist Paul Krugman has already dubbed the talk a "gimmick." But here is why some people think this bizarre strategy could work.

Last week, Treasury Secretary Tim Geithner made it official: Federal borrowing has reached the $16.394 trillion debt ceiling.

Treasury, which runs the government's debt-issuance operation, is busy creating about $200 billion of headroom by employing what it calls "extraordinary measures." That should cover about two months' worth of borrowing.

When the two months expire, Treasury will no longer be able to pay the country's bills -- that is, it won't be able to borrow more money to pay for spending already authorized by Congress.

If Congress does not act to raise the debt ceiling, the U.S. will default on its debts. Not good. But this is where the platinum coin comes in. Normally, the Federal Reserve is charged with issuing currency. But U.S. law, specifically 31 USC § 5112, also grants Treasury permission to "mint and issue platinum bullion coins and proof platinum coins."

This section of law was meant to allow for the printing of commemorative coins and the like. But the Treasury Secretary has the authority to mint these coins in any denomination he or she sees fit.

With a $1 trillion coin in hand, Treasury could deposit the money into Fed accounts, and pay its debts in that manner, instead of relying on bond issuance.

And none of this requires Congressional consent. Talk about an elegant solution.

The White House unsurprisingly hasn't commented on the idea. But Rep. Jerrold Nadler is on board. "I'm being absolutely serious," he told Capital NY. "It sounds silly but it's absolutely legal."

finance.yahoo.com/news/can-a--1-trillion-coin-end-debt-ceiling-crisis--175346781.html

[jamminjoe]

Just keep in mind that they said we will be the last to get paid. The IRD will have to revalue first. They will not pay us until that happens first. They will not want us to be able to buy millions of dinar and flood the market causing the dinar to decrease in value. This is only my opinion though. Hopefully we will here something this next week when their banks reopen on the 7th. Has anyone heard if the sanctions have been lifted against Iraq?

[jamminjoe]

All of this new info is great, but out of all the info since Dec. Not one thing they have said would happen, has happened. Not one shred of evidence to prove what they are saying has come to pass. How can we believe anything they say. Now they want us to believe Obama is no longer the president. Do they really think we are that stupid that we would believe them. I say dont believe anything they say until we have proof. Until then treat all info as Entertainment only. Good for a laugh only. I hope what they are saying is true.. I say prove it poof and Shining

[TexasPride]

Boehner is the new Interim President

Get your Prozac here! Get your Prozac here! 2 for $10.00!

[transversal]

Does this mean we get paid soon?

[TexasPride]

Twisting it all together...

en.wikipedia.org/wiki/NESARA

In short, the original subject matter (NESARA) has long been misconstrued by a small group of internet based conspiracy theorists who have managed to successfully intertwine NESARA with other controversial subjects and conspiracies, such as the Iraqi Dinar RV, Prosperity Packages, World Global Settlements, The New World Order, The Illuminati, 9/11, The Bilderberg Group, Corrupt Banks and Corporations, Reptilian Space Aliens and now of course, CMKX.

It doesn't take much to recognize the subject matter is a complete and utter farce, but what concerns me is that these people have apparently convinced some of our shareholders that their stories are true and that we are part of some vast, global conspiracy!

While it may be entertaining to a select few, I urge everyone who reads their blather, to take it with a grain of salt and not make any financial decisions, based on what these people have to proffer.

CMKX has always been about a small exploration company that was naked shorted to the hilt, raided by insiders and then left to die. Nothing More... Nothing Less... That is, unless Urban is a Reptilian Space Alien, which I kind of doubt...



~ T/P ~

[transversal]

ty JoeRocks:

lt.kk
King of Diamonds

member is offline

Joined: Mar 2009
Gender: Male
Posts: 4,048

Re: cmkm/cmkx gossip, etc. 1/4/13-->
« Reply #56 Today at 3:51pm »

Big changes are coming so get used to it. We are blessed to have an education far beyond most people here in this uninformed country. Lt.KK

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