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

[Peter Lemkin]

A few thoughts:

i) Turner Radio Network is the mouthpiece of white supremacist Hal Turner. Imo it's a disinformation front, and has previously been discussed here:

http://www.deeppoliticsforum.com/forums/....php?t=911

ii) Karl Denninger is a smart guy. However, I go to his site for interesting insights and viewpoints (from all sides of the spectrum) on economics and financial markets - as many of the posters are either very knowledgable traders or disgruntled, highly placed, insiders. I don't have any interest in the geopolitical viewpoints expressed there. And most Ticker Forumites would regard DPF as, to use their preferred phrase, tinfoil;

Agreed.

iii) David G's perspective is, of course, very well informed. Let's assume for a moment that "these (instruments) are bona fide but secret securities/obligations". Let's also assume that these instruments were "owned" by certain Japanese financial elements - some combination perhaps of Bank of Japan, Japanese govt, and mob.

Why would they have been taking these instruments to Switzerland?

And if the assumption that the intention was to be caught by Italian border guards is correct, what was the purpose of this?

I think the intention was to get caught (a), or someone telling the Italians to watch for them, to have them caught (b). They likely had diplomatic immunity and thus vanished - as apparently have the Bonds!!! [they were declared as fake, so don't worry none about that - ha, ha, ha!!!]. The only thing I can think of if (a), is to destroy confidence in all other US Bonds and currency. If (b), someone either wanted the 40% - or some part of it as finder-fee or didn't like their end of the original bargain (or were cut-out of it and had motive (a)).

David is 134.5% correct - the statements made by the Treasury and other such 'officials' you have to imagine them with their hands over their eyes, saying I can assure you they look, and thus are, absolutely phoney. Phooey!!! I think this could well be a Monty Python skit without any editing or additions needed! :driver: