Suitcase With $134 Billion Puts Dollar on Edge (Bloomberg: Link Only)

Bloomberg | 6/17/2009 | William Pesek

[Toddsterpatriot]

They haven't issued bearer bonds since the early 80s. I find it hard to believe that bonds issued during the Kennedy administration haven't matured long ago.

Sounds like a fake to me.

[Aevery_Freeman]

While North Korea is a "rogue nation", I doubt that China would allow them to destabilize our currency. I believe the culprit would have to have much more autonomy; possibly the leader of a grand cabal.

[redgolum]

Wow.

Need to follow this some more

[SkyPilot]

Now that was funny.

"Sitting on a beach, earning 20 percent."

[LS]

Not enough evidence and too much speculation at this point. Let’s see who they were working for.

[WoofDog123]

“What evidence is there to support the conclusion that the dam was blown by conspirators rather than simply collapsing naturally? “

Even assuming this to be the case, this isn’t the kind of thing one might ever find ‘evidence’ of.

I would suspect 1) pressure on weaker financials via bidding up of swaps on their bonds combined with 2) FTD shorting of their stocks. Lehman could very well have been taken out via this mechanism. Once Lehman was gone, events took on a life of their own.

Note that all this started a few weeks after Palin’s nomination seemed to make McCain a possible winning candidate after all.

Who did it? Who knows. I would think this level of activity is more an act of foreign aggression against our financial system (Read - russia, china) than anything. Note that Russia was in the midst of a major financial meltdown around this time as well after their georgia invasion.

I would look to a nation-state before I would look at western plutocrats (soros) on this topic.

[WoofDog123]

I *believe* this was after Reserve fund halted redemptions and broke the buck, so there were legitimate reasons to want to withdraw funds from US money markets.

[WoofDog123]

“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. “

You express my own philosophy and viewpoint on topics like this elequently. This event gave obama’s handlers control of the US, with a crisis to justify use of government power as not seen in our lifetimes, if ever. The stakes were as big as they get on our planet outside of open war.

[WoofDog123]

“I think we will look back and realize that 2008 was the beginning of a coup.”

Agreed. I have looked at the current state of affairs as a stealth coup for months now.

For autocrats and politicians to want power is normal. The single greatest failure in our system is the concetration of print and broadcast media in a few large corporations who overtly supported the election of the fascism-oriented party.