Skip to comments.Hezbollah's Counterfeit Generosity: Counterfeit Dollars in Lebanon?
Posted on 08/21/2006 1:42:06 PM PDT by rface
This past week a considerable number of stories, complete with photos, have appeared in the MSM relating to Hezbollah indemnifying the Lebanese for the damage done to their property by the war with Israel started by Hezbollah. Wads of fresh $100 bills passed from Hezbollah to those poor Lebanese who suffered damage or injury during the war.
But with the stories, and the pictures, questions have now arisen about the "charitable" motives, and methods, of the Hezbollah terrorists.
One of the most prominent and influential members of the Hizballah terrorist organization, along with two of his companies, was designated by the Treasury Department today under Executive Order 13224. Assad Ahmad Barakat has close ties with Hizballah leadership and has worked closely with numerous Islamic extremists and suspected Hizballah associates in South America's tri-border area (TBA), made up of Brazil, Paraguay and Argentina. . . .
Barakat has also been involved in a counterfeiting ring that distributes fake U.S. dollars and generates cash to fund Hizballah operations. As of early 2001, Barakat was one of two individuals reportedly in charge of distribution and sale of the counterfeit currency in the TBA.
In case anyone misses the connections, on a personal level, Hezbollah associate Assad Ahmad Barakat is a known forger of US currency who has been involved in large scale forgery and distribution operations in the past.
Meanwhile, on a larger scale, North Korea, which furnishes all manner of advanced weaponry to Hezbollahs patron, Iran, is also know to engage in the counterfeiting and distribution of bogus US currency.
Click on the link above, check the photos for yourself, and see if you can spot any real US currency among all that Hezbollah largesse.
As a US GAO Report of February 27, 1996 makes clear, a number of countries have been counterfeiting US currency with varying degrees of success, including Syria, Iran, and, most famously, North Korea. The same North Korea that sells advanced weaponry to Iran. The same Iran that passes advanced weaponry to its unofficial military arm, Hezbollah thru Syria. The same Syrian that is a conduit for Syrian and Iranian arms, munitions, and apparently, counterfeit US currency to Hezbollah. Yes, that same Hezbollah.
Anyone remember the photograph of the bombed "financial center" in Lebanon with uncut sheets of US $100 bills?
any country debasing another's currency should be taken as a declaration of war and thus should be bombed mercilessly, not given $230 million more like President Bush is going to do.
Treasury Designates Islamic Extremist, Two Companies Supporting Hizballah in Tri-Border Area:
That's a photo that I'd like to hear some comment from our Governemnt on -
Common sense would say you don't distribute bogus $100 bills in such a public way and posing for photo-ops and all. But with Muzzy fanatics never say never
Reply to post #3
I agree we should bomb them to a level that it would be 100 years before they were able to try it again>
I got the chance to view a counterfit $100 and $20 bill up close the other day. I'll be damned if I could tell they weren't real.
Seems like I remember one of the Arab nations holding one of our intalia presses for some time.
Well, I'll be.
but It'd be good PR for us to show that the $$ they got from the Hesbos' is phoney -
Back in the 1970s, long before the revolution that would eventually topple him from power, the Shah of Iran was one of America's best friends (he was a dictator who brutally repressed his people, but he was anti-communist, and that made him OK in our book). Wanting to help out a good friend, the United States government agreed to sell Iran the very same intaglio presses used to print American currency so that the Shah could print his own high quality money for his country. Soon enough, the Shah was the proud owner of some of the best money printing machines in the world, and beautiful Iranian Rials proceeded to flow off the presses.
All things must come to an end, and the Shah was forced to flee Iran in 1979 when the Ayatollah Khomeini's rebellion brought theocratic rule to Iran. Everyone reading this undoubtedly knows the terrible events that followed: students took American embassy workers hostage for over a year as Iran declared America to be the "Great Satan," while evidence of US complicity in the Shah's oppression of his people became obvious, leading to a break in relations between the two countries that continues to worsen to this day.
During the early 90s, counterfeit $100 bills began to flood the Mideast, eventually spreading around the world. Known as "superbills" or "superdollars" by the US Treasury due to the astounding quality of the forgeries, these $100 bills became a tremendous headache not only for the US and its economy, but also for people all over the world that depend on the surety of American money. Several culprits have been suggested as responsible for the superbills, including North Korea and Syria, but many observers think the real culprit is the most obvious suspect: an Iranian government deeply hostile to the United States ... and even worse, an Iranian government possessing the very same printing presses used to create American money.
If you've ever wondered just why American currency was redesigned in the 1990s, now you know. In the 1970s, the US rewarded an ally with a special machine; in the 1990s, the US had to change its money because that ally was no longer an ally, and that special machine was now a weapon used to attack the US's money supply, where it really hurts. As an example of the law of unintended consequences, it's powerful, and it illustrates one of the main results of that law: that those unintended consequences can really bite back when you least expect them.
He's just trying to compassionately compensate for the counterfeit money.
"any country debasing another's currency should be taken as a declaration of war and thus should be bombed mercilessly, not given $230 million more like President Bush is going to do."
Excerpt: In theory, only governments can buy intaglio printing presses used for making money, and only a handful of companies sell them. Those facts alone pointed toward government involvement, but for some time there was no consensus as to which nation was behind the counterfeiting. Many of the supernotes surfaced in the Middle East, notably in the Bekaa Valley of Lebanon and in Tehran. In 1992, Bill McCollum, a Florida congressman and chairman of the House Task Force on Terrorism and Unconventional Warfare, issued a report accusing Iran of printing the supernotes. The report estimated that the value of supernotes in circulation might eventually approach billions.
The Secret Service, however, distanced itself from this accusation. In a letter written in 1995 in response to a Government Accounting Office report on counterfeiting overseas, the Secret Service called the task forces allegations unsubstantiated and characterized its conclusions as being based on rumor and innuendo. In reality, evidence was pointing elsewhere.
In the spring of 2003, the State Department established the Illicit Activities Initiative, an interagency effort designed to investigate and counter North Koreas criminal activities, and appointed Asher coordinator. The department began to systematically collect a variety of forensic and other evidence gathered by its own investigators, the Secret Service and elements of the intelligence community linking North Korea to the supernotes.
Oh - I dunno - the Federal Reserve has been printing off so many new $, that they are rapidly loosing any value anyway. Heck - I wouldn't be surprised of our current administration sent over fresh crips hundreds for their "relief" effort.
What makes me sick, and I haven't seen it posted today, but haven't been on but ten minutes, is that the U.S. is going to give financial aid to Lebanon, which is largely governed by Hezzbolah, to reconstruct the damage from the Lebanon-Israeli war!!!! If the U.S. taxpayer, too, pays in counterfeit bills, okay, (that was a joke?) but the U.S. is AGAINST terrorism, and Lebanon is friendly to terrorism!!!! Only heard a snip of it, apparently from the lips of our president this morning. And once again, Bush lips sinks ships! Mr. President, we cannot afford this!
You could only bomb them with a dollar value of bombs equal to the value of the money they fake since, well, we all know that responses have to be "proportional".
Are they paying the Leboneese in American Dollars? If so, that is rich./sarcasm
I'm glad someone else remembered that picture as it sure wasn't covered in the MSM. I remember the stacks of uncut $100.s lying on the ground. Bet GHG scooped them up and put a dug up bod in their place(s).