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Suitcase With $134 Billion Puts Dollar on Edge (Bloomberg: Link Only)
Bloomberg | 6/17/2009 | William Pesek

Posted on 06/17/2009 9:05:42 AM PDT by mojito

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To: KarlInOhio

My understanding is that the Treasury quit issuing bearer bonds almost thirty years ago.

How many of those bonds have gone unredeemed is a question I don’t know the answer to.

These clowns were arrested on June 3. It is very easy to determine whether the bonds are forgeries. The fact that the Treasury hasn’t declared them so speaks volumes.


41 posted on 06/17/2009 10:40:51 AM PDT by mojito
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To: Texas Fossil

Oh trust me, I am with you.

The worst part is that the current administration is attempting to “showcase” its world-player-abilities by doing meaningless things like encouraging twitter to stay on. Like either of their candidates is going to be any different vis-a-vis US relations.

Meanwhile, it is intent on prosecuting someone for paying in legal currency just because the medium of exchange is valuable (Nevada). Everything anyone does must now be passed through the scrutiny of being potential terrorist activity (something the previous administration took pains to validate, but is now considered a great way to attack rivals and gather dirt).


42 posted on 06/17/2009 10:42:58 AM PDT by Cobra Scott
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To: Ann Archy
“In November 2002,[12] German customs officers at the Swiss-German[12] border performed a routine search of Johnson's car.[12] Bank statements evidencing US$8 billion in transactions were found in the trunk of his car.[12][13][14] He was accompanied in his black Mercedes-Benz[13] by three men: an investment adviser,[13] a personal assistant,[13] and a third of unknown identity.[13] Initially it was thought Johnson was involved in money-laundering,[14] but he was cleared of wrongdoing.[15] Upon receiving word of the incident, German tabloids began exploiting and perpetuating the story, at times pointing at the irony (as perceived by them) that Don Johnson has frequently portrayed police officers in his acting works. Johnson explained the incident by saying “I was meeting with some American businessmen in Zurich for financing,[14] for a film fund that I was putting together for my company. They gave me some bank statements and some resumes and some other documents, some things to prove that they could perform as investors.”[citation needed] The police found and copied these documents, and the money laundering story grew somehow out of this.[16]”

http://en.wikipedia.org/wiki/Don_Johnson

43 posted on 06/17/2009 10:50:36 AM PDT by mojito
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To: mojito

If memory serves, the date was an issue, and the claim that there’s no such thing as a Kennedy bond was also an issue.


44 posted on 06/17/2009 10:52:07 AM PDT by ArmstedFragg (hoaxy dopey changey)
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To: JTHomes
If it is real and turns out to be something juicy like a payoff to an international financier for triggering the financial crisis and putting obama in power, we’ll never hear another word about it.

Not exactly - if a hundred dems are involved - and ONE Republican - - we'll hear about the one Republican. Dems will be mentioned by name, but only in the last few paragraphs will their party affiliation be mentioned.

If it's only dems involved - the "press" will find some Republican who took $200 15 years ago and try to do an "equivalence thing".

MSM bias is getting funny - it's that transparent. ABC is setting the bar low -- veeery low.

45 posted on 06/17/2009 10:54:48 AM PDT by GOPJ (MSM NEVER covers flu deaths - is the flu killing members of liberal victim groups?)
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To: mojito

OMG! And NOTHING happened to him?? WHO was the unidentified man?? Weird story!!


46 posted on 06/17/2009 10:56:08 AM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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To: PBinTX
Soros did say he was having a very good recession...

Now that's a spooky thought.

47 posted on 06/17/2009 10:56:42 AM PDT by GOPJ (MSM NEVER covered flu deaths like this - is the flu killing members of liberal victim groups?)
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To: colorado tanker

“This must have been tipped.”

My thoughts exactly...for whatever reason these two were snitched on.


48 posted on 06/17/2009 10:57:39 AM PDT by mr_hammer ("Before you were formed in the womb, I knew you")
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To: marshmallow

“This was a long time coming and it was not a conspiracy.”

100% agree with you.


49 posted on 06/17/2009 10:59:02 AM PDT by mr_hammer ("Before you were formed in the womb, I knew you")
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To: mojito

Just a couple of rich Japanese looking for a safe place to keep their money. Couldn’t find one in Italy so headed to Switzerland. Germany would have been next.

Move along, move along please.


50 posted on 06/17/2009 10:59:32 AM PDT by green iguana
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To: All

I seem to remember something about the Fed not wanting to explain some huge loss or transfer or whatever. This was several months ago. Seems like it was about $130B or so. Anybody else remember it?


51 posted on 06/17/2009 11:01:54 AM PDT by oldfart (Obama nation = abomination. Think about it!)
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To: lucky american

Here’s one of the threads: “$550 Billion Electronic Run on Banks.”

http://www.freerepublic.com/focus/f-bloggers/2183367/posts

From the article: “On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve noticed a tremendous draw down of money market accounts in the USA to the tune of $550 Billion dollars in a matter of an hour or two. Money was being removed electronically.

The Treasury tried to help, opened their window and pumped in $150 Billion but quickly realized they could not stem the tide. We were having an electronic run on the banks. So they decided to closed down the accounts.

Had they not closed down the accounts they estimated that by 2 PM that afternoon. Within 3 hours. $5.5 Trillion would have been withdrawn and the entire economy of the United States would have collapsed, and within 24 hours the world economy would have collapsed.”


52 posted on 06/17/2009 11:02:31 AM PDT by nanetteclaret (Unreconstructed Catholic Texan)
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To: Cobra Scott

He simply does not understand “Freedom” or “Free” men.

He represents “repression and compulsion”. His “slip is showing”. He is a Muzzie and a Commie. Neither can stand the light of day or to have his actions become visible.

This will eventually reach “critical mass”.


53 posted on 06/17/2009 11:06:23 AM PDT by Texas Fossil (Once a Republic, Now a State, Still Texas)
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To: mojito

This would appear to tie in with that mid-september event that put Obama in the driver seat after the Palin surge.

Gates and Buffet, rather than Soros would be a more likely channel.


54 posted on 06/17/2009 11:08:08 AM PDT by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: ArmstedFragg

Here’s another photo of the “Kennedy bonds”. They look like the $75 E bonds with their amount altered.

http://www.agenziadogane.it/wps/wcm/connect/resources/file/ebc2ab0abd8b8ed/cre-s-20090604-78836_chiasso.pdf?MOD=AJPERES


55 posted on 06/17/2009 11:08:24 AM PDT by ArmstedFragg (hoaxy dopey changey)
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To: marshmallow
"There was absolutely no need to go to the trouble of orchestrating a financial meltdown."

The they wasted their money? - It surely was orchestrated.

56 posted on 06/17/2009 11:10:10 AM PDT by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: oldfart

Here’s another interesting thread from Thurs., Nov. 13, 2008: “Fed Refuses to Disclose Details of $2 TRILLION in Loans”

http://www.freerepublic.com/focus/f-news/2131505/posts

From the article: “The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

The Fed’s lending is significant because the central bank has stepped into a rescue role that was also the purpose of the $700 billion Troubled Asset Relief Program, or TARP, bailout plan - without safeguards put into the TARP legislation by Congress.

Total Fed lending topped $2 trillion for the first time last week and has risen by 140 percent, or $1.172 trillion, in the seven weeks since Fed governors relaxed the collateral standards on Sept. 14.”


57 posted on 06/17/2009 11:11:06 AM PDT by nanetteclaret (Unreconstructed Catholic Texan)
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To: nanetteclaret

Totally unrelated tho’. A drawdown of money market accounts, no matter how large, does not create bearer bonds.


58 posted on 06/17/2009 11:11:50 AM PDT by green iguana
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To: underbyte
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

Not necessarily. They may have been running a very complex, big money scam on some sucker.

The fake billions could have been a ruse to trick somebody into producing a few million for them.

Weird, weird story. And what the hell ever happened to Don Johnson and his story?

59 posted on 06/17/2009 11:12:23 AM PDT by dead
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To: mojito

A couple of Japanese guys wanted to move 134 Billion to Switzerland and rather than chartering a private jet to fly directly to their destination, they took a commercial flight to Italy and rented a car, so as to save money?

Would they have been searched all that hard arriving in Switzerland by private charter?


60 posted on 06/17/2009 11:13:32 AM PDT by KC Burke (...but He has made the trains run on time.)
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