2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy

[Peter Lemkin]

(Turner Radio Network) -- Two Japanese men arrested by Italian Police while trying to smuggle $134 Billion in U.S. Treasury Bonds concealed in suitcases, out of Italy into Switzerland, are employees of the Finance Ministry of Japan.
Turner Radio Network has now confirmed the two men arrested by Italy were trying to secretly dump Bonds that were previously held by the nation of Japan. The men arrested have told Italian police they were ordered to move the Bonds by the government of Japan because the Japanese government has lost faith in the ability of the U.S. government to repay its debts.

So, if this source is correct, the Bank of Japan has been caught in the act of trying to smuggle fake US bonds into Switzerland presumably to divest itself of the US holdings before it all collapses in a few months. And this is not considered newsworthy? This is a huge and major crime. A major bank involved in totally nefarious actions which can only undermine any faith in the banking industry and the corporate criminals are released as if it was a parking infringement? Well, what little faith there is left in it. This should be the leader on every form of media. Until there are jail sentences. Nothing about this is making sense. Banking is a faith based organisation no different to some hillbilly snake handling flim flam man out fit. I'm an atheist.

One correction. If true, Japan Govt. was trying to smuggle and 'dump' real, but secretly issued US Bonds!...[two crimes] the implications of which should/could collapse the world economy to zip....and then there is the 'little' matter of who ratted on the deal....the Vatican seems the best suspect at the moment....and that now it is possible to declare and win a war with finance shenannagins alone! :reddy: It is pretty clear that everyone is loosing faith in the USG's ability to repay on its promised debt and the global economic collapse has ONLY BEGUN....add in this real, but off-the-books factor and only dirt will soon have value. Now I understand why they put 'In God We Trust' on the US currency and Bonds - as no one would have trusted them this far. The trust is gone. When this story filters to the markets and common folk......hang on to your ***. Think about it....these are real but 'denied' issues. How much more cost would there be to issue 1000x 150 odd B or 10,000 x 150 B odd bonds...only the cost of ink and paper......talk about a BIG crime!!!