This is topic Koran scholar: US will cease to exist in 2007 in forum Books, Films, Food and Culture at Hatrack River Forum.


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Posted by Jay (Member # 5786) on :
 
Gosh…. Glad I live higher up in the hills of West Virginia.
Koran scholar: US will cease to exist in 2007
 
Posted by Primal Curve (Member # 3587) on :
 
quote:
I live higher up in the hills of West Virginia
<snicker>
 
Posted by narrativium (Member # 3230) on :
 
Interesting how it was predicted to happen in two years. By then, nobody will remember that he made the prediction.

People believe in Nostradamus and the Bible code, too. [Roll Eyes]
 
Posted by twinky (Member # 693) on :
 
quote:
People believe in Nostradamus and the Bible, too.
There, fixed that for you.

[Razz]
 
Posted by AntiCool (Member # 7386) on :
 
*thwaps twinky*
 
Posted by Primal Curve (Member # 3587) on :
 
Hey, it is National Athiests Day (even if twinky isn't a citizen of our nation).
 
Posted by Raia (Member # 4700) on :
 
O_O
 
Posted by twinky (Member # 693) on :
 
quote:
*thwaps twinky*
[Big Grin]

Yeah, I deserved that. I'm in a bit of a goofy mood today...
 
Posted by Chris Bridges (Member # 1138) on :
 
Digression: Jay, where, more or less?

Couple years back my wife Teresa, her brother and I rented a cabin in West Virginia for Christmas week so my kids could see snow for the first time. Beautiful, beautiful area.
 
Posted by mothertree (Member # 4999) on :
 
Trying to get this next to "I don't care..."
 
Posted by Jay (Member # 5786) on :
 
Grafton. It’s just south of Morgantown and east of Clarksburg in the north central part. Home of Mother’s Day and Tygart Dam.
 
Posted by Architraz Warden (Member # 4285) on :
 
Wow, I didn't know Koran scholars (well, the Jerusalem Post in this case) celebrated April Fool's Day...

EDIT: Aww, it was posted three days ago. Guess they are serious then.

[ April 01, 2005, 11:14 AM: Message edited by: Architraz Warden ]
 
Posted by Dagonee (Member # 5818) on :
 
So I should cash out my IRA, then?
 
Posted by Erik Slaine (Member # 5583) on :
 
Gives new meaning to "Surfin' USA!"

Cowabunga!
 
Posted by Primal Curve (Member # 3587) on :
 
quote:
So I should cash out my IRA, then?
Just remember, since you're cashing out your qualified retirement plan before the age of 59.5, you'll incur a 10% penalty on top of regular income taxes on the distribution.

<is studying for his Series 6>
 
Posted by Dagonee (Member # 5818) on :
 
quote:
<is studying for his Series 6>
Really? Then is it worth it to convert our IRAs to Roth IRAs? We'd owe quite a bit in tax on them, and I'm not sure if the difference is worth the time value of the money we'd have to pay to do the conversion.

Dagonee
 
Posted by Primal Curve (Member # 3587) on :
 
Why? What kind of tax bracket are you in? Why do you feel you need tax free withdrawals upon retirement? The only other advantage is the fact that you don't incur a 50% penalty at age 70.5 if you haven't had any disbursements before that time.

Roth IRAs:
quote:
Created in 1997, Roth IRAs allow after-tax (nondeductible) contributions of up to $4,000 per individual and $8,000 per couple, split between two accounts. Earnings accumulate tax deferred as in typical IRA accounts. The advantage of these IRAs is that distributions that satisfy holding period requrements are not taxable.

Penalty-free withdrawals may begin after the money has been within a Roth IRA at least five years and the IRA owner is at least 59.5 years of age. The 10% early distribution penalty is waived for death, disability, and first-time homebuyers buying a principal residence. Withdrawals from Roth IRAs are not required to commence at age 70.5.

(edit: to update maximum IRA contributions for tax year 2005)

[ April 01, 2005, 12:28 PM: Message edited by: Primal Curve ]
 
Posted by Primal Curve (Member # 3587) on :
 
Oh, and...
quote:
Really?
Yes, really. I got out of the limited-service lodging industry as fast as my feet could take me. I am now working for a retirement services company as a registered representative. I take my Series 6 test next Tuesday.

I've had to study my little butt off just to get to where I am now. Before this point, I knew little to nothing about securities, mutual funds and retirement accounts. My head is now full of this stuff and I'm finding it fascinating- if somewhat dull. It's almost making me get interested in business law (not that I'd ever get into a law school so that I could study it).
 
Posted by Erik Slaine (Member # 5583) on :
 
*invests heavily in fisheries futures* [Razz]
 
Posted by skillery (Member # 6209) on :
 
From THE REVELATION OF ST JOHN THE DIVINE in the Bible I get the idea that a meteor is going to fall in the ocean and wipe out one-third of the world's coastal areas, one-third of the world's ocean-going vessels, and one-third of the world's population.

Then there is the prophecy of "the waves of the sea heaving themselves beyond their bounds" in the last days.

Perhaps this Koran scholar is onto something. It's nice to have a timeframe, so we can get ready.

I think if God wanted to destroy wicked people, the coastal areas would be a good place to start. I'm not just thinking of the Neverland Ranch either. Fleshpots like Singapore, conspiring banks in Hong Kong and Manhattan, oil companies and other worldwide rapists of the environment and enslavers of people, they're all located on the coasts.

That leaves good ole farmers in the heartland to pick up the pieces.
 
Posted by CaySedai (Member # 6459) on :
 
<--- lives in Iowa.
 
Posted by Erik Slaine (Member # 5583) on :
 
*buys waders*
 
Posted by aspectre (Member # 2222) on :
 
What the dude neglected to mention was where all the water was coming from: the Greenland and Antarctic ice caps.
The melting of which will flood 100% of the dark green areas.
 
Posted by TMedina (Member # 6649) on :
 
Permit me to point out that any environmental cataclysm large enough to destroy the US is seriously going to screw with the rest of the world.

Geeze, just look at McDonald's.

-Trevor
 
Posted by Jay (Member # 5786) on :
 
Ok, WV isn't a dark green area. Whew...

Guess home values will go up.

Cool.
 
Posted by aspectre (Member # 2222) on :
 
Yep, suddenly you'll be sitting on beachfront property.
 
Posted by Erik Slaine (Member # 5583) on :
 
Why couldn't the wave come up the Mississippi Delta?

Seems to me that only Colorado and Montana are safe. [Wink]
 
Posted by beverly (Member # 6246) on :
 
Wow. That would wipe out a lot of South America and Europe.
 
Posted by skillery (Member # 6209) on :
 
Fortunately, the Earth's gravitation and the viscosity and available quantity of sea water places a practical limit on the height of waves that God can create...unless you are one of those religious fanatics that believes that God can produce anything in infinitely large dimensions.
 
Posted by TMedina (Member # 6649) on :
 
Well, if you accept that God did create the Universe and has infinite Power, it seems plausible there's a few tricks we haven't seen yet.

Unless you believe God must obey the rules He put into play, like physics.

Of course, I'm sure there are still a few tricks we haven't seen yet.

-Trevor
 
Posted by Noemon (Member # 1115) on :
 
Looks like it would wipe out virtually all of the grain producing regions of the world, really.
 
Posted by Dagonee (Member # 5818) on :
 
quote:
I've had to study my little butt off just to get to where I am now. Before this point, I knew little to nothing about securities, mutual funds and retirement accounts. My head is now full of this stuff and I'm finding it fascinating- if somewhat dull. It's almost making me get interested in business law (not that I'd ever get into a law school so that I could study it).
Very cool. And if you get some solid securities experience, you have a good shot at getting into law school. You just need a Bachelor's degree and then to study your tookus off for the LSATs. Work experience begins to trump GPA after a few years.

Good luck on the test.

Dagonee
P.S., the "really" wasn't meant to convey disbelief but rather sudden acquisition of knowledge. [Smile]
 
Posted by Brian J. Hill (Member # 5346) on :
 
Trevor, I am [ROFL] [ROFL] [ROFL]
That was great.

edit: to include reference to what I was [ROFL] ing at, since it has been moved to the appropriate page.

[ April 01, 2005, 04:32 PM: Message edited by: Brian J. Hill ]
 
Posted by TMedina (Member # 6649) on :
 
Whoops - that was also seriously misplaced in the wrong thread.

My apologies to anyone I inadvertently offended.

-Trevor
 
Posted by Primal Curve (Member # 3587) on :
 
Thanks, I'll need it. The company I'm working for has had high turnover because their reps can't pass the 6. Consequently, another new rep and I were thrown into a pilot program where we just sit around the office all day and study for the exam. In exchange, they don't give us as much time to study (three weeks instead of three months) and we only get two chances to pass instead of three (though they want us to do it on the first try). I was ready to take the test earlier this week, but I could only get it scheduled for next. The waiting is driving me nuts.
 


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