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2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy
#45
Peter Lemkin Wrote:134.5 Billion buys quite a bit o 'whiskey....I'd hate to even calculate how much!!!!!!...enough (and then some) for a nice weekend, or fifty:bike: million..... Barkeep, a bottle of your finest for everyone on the Planet who can tell deep political things when they see 'em! Stupid Oh, I forgot, the other Peter was buying. :hmmmm2:

NB - those loquacious Italian Border/Financial/Customs Police 'ain't talkin' no more....silencio!!!!! :marchmellow:

NBB - and wouldn't ya just love to have a few glasses with those supposed Japanese 'mules'......I'll bet, if they are still alive, they have quite an interesting tale to tell!

I'm reminded of the line in Loose Change, when the moderator asks, 'Who writes this stuff!!!??? - to wit:

:hahaha: "For nearly two weeks, Italian authorities probed their authenticity and eventually requested the U.S. Securities and Exchange Commission’s appraisal. Asked what it concluded, SEC spokesman John Heine told me [this] Wednesday: “I think I need to decline to comment on this.” ....Treasury spokesman Stephen Meyerhardt called the bonds “clearly fakes” and added: “That’s beyond the fact that the face value is far beyond what’s out there.” Meyerhardt noted that only $104.5 billion in bearer bonds exist ..." [[i.e. it is more than they admit exists in bearer bonds, but they don't seem convincing on their being fake...and they let the men with them go....go figure!] :dong:
http://article.nationalreview.com/?q=Mjc...zk=&w=MA==

David, your the funny-bond expert here....what do you make of this caper?! This one seems to 'take the cake'!!....though I'm sure you've seen more of these than I currently have problems. Confusedtickyman:

...and I just LOVE this from someone on the Ticker Forum: "The only skill you need in American now, is the skill to schmooze with those in power. I'm actually angry with my parents and teachers for having brainwashed me into being decent, helpful, truthful, productive, honest and resourceful. They have shackled me with mental chains that keep me down in a time where chaos and criminality are valued as virtues." :tee:Cheers

Japanese TV on this.

Firstly Pete it seems to me that there has been an an assumption made that these are bearer bonds. So far as I can see this assumption is made because the bonds are apparently US bonds. I'm not at all sure they are. And if I'm correct then this assumption allows all sorts of wriggle room for the boys with green visors - Stephen Meyerhardt for example. Meyehardt's comment that the bonds are "clearly fakes" strikes me as a very clever usage of the English language. Most curiously, he's not actually stating they're counterfeit is he. He seems to me to be purposely speaking personally when making his comment. Perhaps I'm hair-splitting but bureaucrats can be amazingly creative with language when the need arises.
John Heine' statement that he thinks he "needs to decline comment on this", speaks loudly and clearly that there is something to this affair that is deeply political rather than deeply criminal.

The official Italian press release categorically states that these are "US securities". This is a statement made for the record. In other words they are genuine US securities even if they are not public issuance or "bearer" in nature. Ditto the statement about "Kennedy Bonds".

I have come across a lot of past stories about deniable US government securities that were issued under conditions of secrecy for specific purposes. For example, I have an awful lot of material on one particular CUSIP issued in the Nixon Administration day that were used to launder mafia and other hot money so that it could be unofficially repatriated and thus recycled back nto the overall economy. We can also look at the sudden growth of the Eurodollar market for similar strategies.

Not least we can use the Japanese Series 57 notes of redemption as a case study. There is no question that Japan has regularly stated these notes are fakes. And, indeed, some of them are fake - but there are also some genuine ones, witnessed (for example) by the fact that the Japanese government collected taxes on the genuine ones. Putting into circulation fake copies is really a master-stroke of unshakeable deniability that can be carefully and effectively used against both classes of securities - genuine and fake alike.

Personally, I suspect that these seurities have been issued as collateral instruments that, in turn, were to be used by a sovereign nation for a specific purpose (increasing the size of the economy being one possibility). The size of $134.5 billion clearly is a key to this affair. I also remain focused on the "Kennedy Bonds" angle, but this might just be me. However, the Kennedy connection to Surkarnoe gold has always seemed to have an element of truth to it imo.

So my overall conclusion is that these are bona fide but secret securities/obligations that might well be connected to Black Eagle gold. And we will never be able to get behind the wall thrown up around this and other stories.

But I bet the bonds will not be destroyed but will quietly disappear into Never-land, as is usually the case in such situations.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy - by David Guyatt - 20-06-2009, 06:04 PM

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