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

[Peter Lemkin]

Again, speculatively, if these are genuine, but sub rosa, debt instruments of a sovereign government - eg the United States - and they were presented to a bank in Switzerland and acknowledged as genuine - eg by the US Secret Service and govt - presumably the payment of this debt would have to show up on an official American government balance sheet.

Even with crooked accounting, & allowing for Bush Crime Family & Enron-style smoke & mirrors, $134 billion is a pretty big turd to hide (copyright Ticker Forum). Where would the debit side of such a transaction be likely to be appear?

In reality, it appears these debt instruments - whether genuine or not - will not now be honoured. So, no balance sheet shenanigans have to take place.

One creative and interesting bit 'o speculation was that this package circulates to banks and treasuries all over the world [for a fee] as they near an audit or need to show more assets suddenly...when the audit is over...it moves on*....So maybe a Swiss bank wanted it. OR - a Swiss bank was to be the place it was traded. There are also free-trade zones within CH [one is AT that border they were caught!!! - but you can do the same in a bank proper] where items of high value can be examined and vetted - and regularly are - without public disclosure about who/what/how much/etc.

But one can think of nearly endless permutations of all kinds....from the Japanese making a clumsy attempt to dump their US debt papers to just about anything. I think the USG will say OBL was behind it.:hmpf:

David, others, did you see the apparently REAL 1 Billion dollar authenticity paper of purchase [5 pages] from the Treasury to some guy in Singapore I posted above?!?!?!

Boy, do I feel poor reading these sums.....even poorer than I am.

* Personal aside shows this concept is not so strange. I met someone doing somthing similar on a very much smaller scale. When I lived in West LA [I confess] one night I went to 'the' place where the glitterati went. I was at the bar and noticed a Rolls drive up [cars stop in front of BIG window, so all can see!] and keys given to parking attendant - this is LA, remember. The man happened to come and stand next to me at the bar and out of boredom I asked him, 'How much does a car like that cost?' He shrugged and said, 'Damned if I know, I rent it by the hour to pick-up women, and boy does it work....LED windows allow privacy in the back seat to make love, as I can't take them back to my cheap Venice place!' Guys on the make in LA do it....big Bad Bankers do it on a larger scale......:five:

It makes the UK Press, finally http://www.telegraph.co.uk/finance/econo...ollar.html (who opine it could be the death of the $$$)

Come to think of it..I say follow the official spin [and through the MSM] and apply the negative template...

One month [almost] after the fact:
If these documents were counterfeit how come the two Japanese men were released with their forged bonds?
(Colonel Rodolfo Mecarelli of the Como Italian Provincial Finance Police reported that the two were released along with their Bonds.) Italian law requires that if counterfeit the documents are destroyed and the smugglers incarcerated. If they are legit the documents are seized until a fine is paid. How come the US Prosecutors office did not indict and extradite them? How come their identities and even nationalities are in question? About 20 other 'facts' don't match/fit and keep changing - the sure sign of Deep stuff.

And these guys - so far best at prognostication, almost called something like this for this summer... http://www.leap2020.eu/GEAB-N-36-is-avai...a3359.html