[library user]

See here:

http://seekingalpha.com/instablog/420590-marli/8420-did-the-japanese-try-to-dump-135-billion-in-us-bonds-on-the-black-market

[Principled]

Glenn beck covered it yesterday [monday 6/14]. he also had a comment from treasury. ... treasury said they wouldn’t comment on an ongoing investigation....

[FromLori]

The market tickers had some good articles on it and there were threads devoted to it on here :)

[Travis McGee]

If the bonds were fake, this would be a huge story, “the greatest scam in history” etc.

Logically then, the bonds are real. Only states have such instruments, and if Japanese were carrying them, then I deduce they are Japanese holdings. (Why would a nation trust third nation personnel to transport them? They would give them to top treasury/intelligence agency couriers to transport.)

I deduce from all this that Japan is getting rid of dollars. The story disappearing tells me that our own govt. has prevailed upon foreign govts. to spike the story, in order not to start a stampede out of dollars that could crash the global economy.

Just my dos centavos worth.

[givemELL]

Good links already posted by Daisyjane69, esp. market-ticker by Denninger:

Nope, but the financial blogs have been all over it for days.

http://market-ticker.denninger.net/archives/1114-Smuggling-Or-Counterfeit-Printing.html

http://market-ticker.denninger.net/archives/1119-The-Saga-Of-The-Bearer-Bonds.html

http://zerohedge.blogspot.com/2009/06/open-letter-to-secretary-of-department.html

http://www.jrdeputyaccountant.com/2009/06/more-on-bearer-bonds-illicit-issue-from.html

http://www.jrdeputyaccountant.com/search?updated-max=2009-06-14T11%3A46%3A00-07%3A00&max-results=10

3 posted on 06/16/2009 1:34:47 AM PDT by Daisyjane69

[ASOC]

Mr Phelps, your mission, should you decide to accept it .....

This economy will self-destruct in five months.....

I have to wonder - what was the end-game supposed to be?

[wastoute]

On Beck last night the guy pointed out that “some of the bonds date back to 1934”. Interesting. If the Japs held these bonds for how long have they had them? Who did they get them from (it would be unimaginable they had held them since 1934)? This is one of those stories that every answer is going to precipitate many new questions. They have to be real, no point in counterfeiting something that big? Beck listed the countries who hold that kind of debt and Japan is one and if they could off load it they would be just about zeroed out on dollars. I bet the Chinese wish they could quietly off load 135 Billion in dollars. The "Silence of the Fed" tends to support the contention that they are real and the Fed doesn't want to deal with it so the libtards in the MidStream Media know better than cover the story 'cuz it makes their Messiah look bad.

Curious that this kind of info doesn't move the DOW. I keep seeing this. 1 year ago a sneeze, a slight breeze would spin the DOW around like a dry leaf. Now GM and Chrysler go bankrupt, foreign gummints clearly dumping dollars and the DOW is rock steady. Curious.

Μολὼν λάβε

[mojito]

The story hit the London papers this morning:

http://www.timesonline.co.uk/tol/news/world/europe/article6507161.ece

It’s gotten peoples attention, and I don’t think it’s going away soon. Especially if the bonds are real.

[ArmedSkeptic]

If you look at demand for US bonds, you will see that it has been tapering off. As much as the Chinese and Japanese say they believe in the strength of the dollar, their actions show otherwise (call for international currency, weak demand for bonds, etc.). People can see what path we as a nation are on with the socialist in charge. But unlike Iran where the people are demanding change, we sit on our butts watching the US fail. I can’t blame them for trying to dump the bonds. And yes, I don’t see them as being fake because it would be very difficult to try to dump that huge $$ in fake bonds.

[LachlanMinnesota]

Is there any connection between the change in the banking laws of Switzerland recently announced (so that access for law enforcement was going to occur), and the fact that people are moving money around surreptitiously? I think there is a great deal of shifting going on to try to cover lots of rear ends. The public has no right, apparantly, to know of all of these things...we are to simply accept what is happening and claim market forces are at work, when it is really corrupstion and power shifting on the largest scale. You lowly individuals in the general public should just shut up and keep producing.

[mojito]

Two things I don’t understand: These clowns were arrested on June 3. Why has it taken two weeks to establish

1) Whether the bonds are real or no?; and,

2) Are these guys who they say they are?

The continued silence from the Treasury and the Japanese government is deafening.

[SloopJohnB]

See Post #5

$134.5 bil - JAN 2005- Period ending: Japanese had invested in U.S. Gov’t debt.

Then we have this:

$134.5 bil - MAR 2009 – WSJ reports TARP money left over.
$134.5 bil - JUN 2009 – 2 Japanese detained with U.S. bonds in Italy.

Obama & co. including the media are quiet.

Any dots I’ve left out trying to make sense what is going on?

[PGalt]

Thanks very much for posting. Thanks to all linkers/researchers/educators and posters. Fascinating!

[lilylangtree]

While listening to Goldline today, it was suggested the Japan was getting out of dollars real quick. And this was a way out.