Posted on 06/17/2009 9:05:42 AM PDT by mojito
Let the chips fall where they may.
You seem to be arguing that conspiracies can only be short-term? The fact that it built up over a long time is irrelevant. A reservoir takes a long time to fill, but blowing up the dam is quick.
The timing of the meltdown could absolutely be a deliberate act, though the foundation for it began during Clinton's time.
Even if they are fake bonds, the scale of the forgery is amazing. If its real, holy cr*p! Not many places that could come from.
This is the strangest financial story I have seen in these very strange financial times we live in.
Q: If they were real, would you let them travel without serious protection?
A: No! So they must be a financial weapon.
Q: If they are a financial weapon, who benefits?
A: Only some entity without serious exposure to US dollars and that has a fungible commodity to provide a source of wealth.
Q: Who are the usual suspects?
Your answer: Only a little bit more than what these two characters were hauling. There’s about $170B in bearer bond paper outstanding yet. About $3.5B is registered with the DTC.
Here is another interesting article on this subject. Note the strange coincidence that the $134.5 Billion just happens to EXACTLY match the $134.5 Billion the Treasury department reported was left in the TARP a few weeks ago!
This is a huge story in Europe and Asia, but hardly gets any notice in our State Run Media here. I wonder why?
These men carrying bonds concealed in the bottom of their luggage also would be the fourth-largest U.S. creditors. It makes you wonder if some of the time Treasury Secretary Timothy Geithner spends keeping the Chinese and Japanese invested in dollars should be devoted to well-financed men crossing the Italian-Swiss border.
Didn’t the election results from November demonstrate that - There’s always a chump out there to be had.
What evidence is there to support the conclusion that the dam was blown by conspirators rather than simply collapsing naturally?
Claude Rains
Peter Lorre
S.Z. Sakall
Curt Boris
Oh, and the Saudis, Iranians (who might actually have US bearer bonds), China (self-inflected damage if this is the case) - and possible minor players
Bulgaria
Yugoslovia (or what’s left of it)
Panama
Your choice
Or any number of Nstions or Nation States who may have reason to feel they got screwed by the USofA.
There are a very large number people on this rock who would love to see a currency crash damage our economy.
Didn't these guys watch The French Connection to know of hollow car doors and the infamous "rocker panels"? With $134B on the line, Daniel Craig in a bristlingly-armed Aston Martin would have been far more appropriate. OTOH, maybe the Carabinieri need to check the rocker panels and side doors.
Gratuitous Carabinieri joke:
Q: How does one sink a Carabinieri submarine?
A: Swim down and knock on the hatch.
HF
“...At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale...”
We may have already lost control
Amazing-
http://market-ticker.denninger.net/archives/1119-The-Saga-Of-The-Bearer-Bonds.html
So let’s assume that the certificates are real, as German media seems to believe and which, by the way, makes logical sense given what they were and the sheer impossibility of cashing a fake $500 million bond.”
“Ok, who has $130 billion in bearer bonds? Remember, bearer instruments haven’t been issued by the Treasury since 1982, when they became illegal to issue, at least to US institutions and residents (there was an exception carved out for Treasury instruments issued to non-US residents in 1985 - a time of high deficits) The answer to that question: it is rather unlikely that there remains $130 billion of legitimate US Bearer issuance outstanding anywhere - to anyone.”
—
“So what remains? Let’s run a theory here - one of the few possible remaining options, given the exclusion of what we know not to be true...
Are we willing to assume that all the “issue” of Treasury bonds has been done “above board” as required by law. If Treasury has been surreptitiously issuing bonds to, say, Japan, as a means of financing deficits that someone didn’t want reported over the last, oh, say 10 or 20 years, then the following is about to occur”
To me the weirdest part of the story is that the bonds are from the late 50s, early 60s. I know nothing about the bond world, but this seems strange.
Does the huge group of socialist-thinking liberals in our govt. and business world count as a conspiracy? Perhaps not a formal one, but certainly a large group of people with matching goals.
I'm at work, so I don't have the time to research it thoroughly right now. But there were some FR threads during the meltdown which talked about a massive sell-off/shift of some sort in the financial markets (billions upon billions, Soros or nation-level resources) which had happened. Maybe another FReeper can jump in with the relevant links.
In general, though, I have long since stopped believing there is much of anything left to chance when that level of power is involved. Those who stand to gain or lose such staggering amounts would NEVER leave things to happen naturally.
The idea that the treasury is bailing water back into the boat is easy to jump to, but consider who really benefits by planting the story (true or not, it doesn’t matter).
Russia and Brazil.
Yeah, should of hired “The Transporter” he would have got it over the border.
As noted, anybody buying a billion dollar bond sure as hell is going to get it validated by the US Treasury Dept. Not going to happen any other way. So they are real
Our government’s silence on it gives me the impression they are involved.
If so sounds like some people should be going to jail
Again, real or not is less important than the finger pointing.
Government silence could in this case indicate they were caught off guard. Now, how do they simultaneously declare these counterfeit and at the same time avoid further loss of confidence?
They don’t. Check and mate.
I do not care if I ever know the details, and probably will not. But I do want our nation to survive, and the only way I see that happening if for Obozo to be taken out of office.
The reasons are there. I am convinced that some know what they are, but are silent.
This has Global consequences past financial. And for us as we look into the Abyss they are rapidly approaching, it will not be long before this thing takes on critical mass.
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