Smugglers Caught with $134 Billion in Forged US Treasury Bonds: Death of the Dollar?
After two smugglers were stopped last week with what at first appeared to be $134bn in US state bonds, the tension and paranoia surrounding the fate of the dollar hit a new high.
From the UK's Telegraph:
Border guards in Chiasso see plenty of smugglers and plenty of false-bottomed suitcases, but no one in the town, which straddles the Italian-Swiss frontier, had ever seen anything like this. Trussed up in front of the police in the train station were two Japanese men, and beside them a suitcase with a booty unlike any other. Concealed at the bottom of the bag were some rather incredible sheets of paper. The documents were apparently dollar-denominated US government bonds with a face value of a staggering $134bn (£81bn).
How on earth did these two men, who at first refused to identify themselves, come to be there, trying to ride the train into Switzerland carrying bonds worth more than the gross domestic product of Singapore? If the bonds were genuine, the pair would have been America's fourth-biggest creditor, ahead of the UK and just behind Russia. No sooner had the story leaked out from the Italian lakes region last week than it sparked a panoply of conspiracy tales. But one resounded more than any other: that the men were agents of the Japanese finance ministry, in the country for the G8 meeting, making a surreptitious journey into Switzerland to sell off one small chunk of the massive mountain of US bonds stacked up in the Japanese Treasury vaults.
Maxwell Smart is on the case!
Agent 99's report:
Two Japanese businessmen tried to book a direct flight from Tokyo to Zurich or Bazel Switzerland. When told there were no direct flights available they booked to Rome, then hopped aboard a train to Switzerland.
They were administrators of the private Japanese Postal savings plan said to contain over 3 trillion in U.S. dollars and negotiable financial instruments. Since it is a private investment fund actual figures are not released.
Their mission was to re-invest several billion in U.S. dollars as the Postal pension fund rules were being changed from the past:
http://www.privatebankingjapan.com/faq/#q01
{snip}:
Q:..How will the Japanese postal savings system change the behavior of Japanese customer and private banks?
The postal system will change in the future in several ways. It will become private. Individual saving accounts will not be guaranteed beyond 10M yen. Finally interest rates given today will no longer keep the market advantage over retail banks. This change to the way money is kept in the system will give private banks a chance to give customers a chance to appeal to other products and services. These new offerings may be safer and higher yielding than those currently offered within the post office today.
More:
http://en.wikipedia.org/wiki/Japan_Post
Japan Post ran the world's largest postal savings system and was often said to be the largest holder of personal savings in the world: with ¥224 trillion ($2.1 trillion) of household assets in its yū-cho savings accounts and ¥126 trillion ($1.2 trillion) of household assets in its kampo life insurance services, its holdings account for 25 percent of household assets in Japan. Japan Post also held about ¥140 trillion (one fifth) of the Japanese national debt in the form of government bonds.
On October 1, 2007 Japan Post was privatized following fierce political debate that was settled by the 2005 general election. After the privatization, the Japan Post Group companies operate the postal business.{ End snips }
Therefore Maxwell, it is thought the financial instruments they carried were genuine,,,however it is also thought that since the U.S. debt is becoming a major concern in Japan, these fund managers wanted to re-invest the dollars into different assets, and since the {BIS} Bank for international settlements is located in Basel, Switzerland, it was decided a trade off of this magnitude { $134 Billion U.S. } could be done most efficiently in Basel.
End of report:
Good Job 99!
Caution, this is a spoof !
beesting
Here is a coincidence
The same amount the Treasury said it had left from the original TARP funds a couple weeks ago.
Gerald celnte doesn't agree with this official story.
http://geraldcelentechannel.blogspot.com/2009/06/2-japanese-...
I agree with the writers gerald gets his info from and what gerald has to say. No way anyone in the private sector would be this dumb to get caught. Only the drunk Japanese Finance minster would be this stupid.
The "bearer" bonds story about them being "Fake" isn't true...look who the source was...the US treasury? Conflict of interest?
Italy is going after its 40 billion dollar prize and the Japanese are getting boiled by the gangsters in New York and DC.
Decoys?
Most likely fall guys..
Mathew 5:9 Blessed are the peacemakers: for they shall be called the children of God.
Ahem... (straightens tin foil hat...)
OK, my favorite disinfo agent, Ben Fulford, has been going on and on about a split in the Japanese government. Supposedly, Taro Aso is a Bush / Clinton NWO sell out, but the elections slated for this summer are going to toss out the NWO agents and usher in...
Of course, sunshine, lollipops and little pink houses for you and me.
OK, I know he talks a LOT of garbage, but disinfo agents have to give good info from time to time to maintain any kind of following. I like to read this kind of stuff just to have the info in my head, then watch to see which comes true and which is debunked. I don't really know about this, but it does seem to me that Aso is being discredited. If it was him trying to cut some deal without the knowledge or consent of the rest of the government, the "fake bonds" ruse makes some sense.
Truth exists, and it deserves to be cherished.
It is now rumored that these two...
gentlemen are missing. Will have to wait for an official account, but have read foreign blogs that state that the two asians have either escaped or set free.
In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.
~Mark Twain
Always remember:
"It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds." ~ Samuel Adams
Stay IRATE, remain TIRELESS, and set those BRUSH FIRES everywhere you go and in all you do!
Question?
I don't know what to believe but WHY would anyone make that number up? 134 Billion.... REALLY? And who fakes bonds? Really? Never heard of this maybe I don't get out enough. Also If you were Japan and you DID want to get rid of those bonds you wouldn't want to make it public that you were dumping that much on the market (CIA/spooks would get to you and everyone involved)... yes?
"Many of us agree that you and I have no right to use coercion against people who don't owe us anything. The same prohibition applies to groups of people who constitute the government. The reason is simple: unjust acts do not become just when legalized. "
"Many of us agree that you and I have no right to use coercion against people who don't owe us anything. The same prohibition applies to groups of people who constitute the government. The reason is simple: unjust acts do not become just when legalized. "
Here's the thread I started
Here's the thread I started about this topic last week.
http://www.dailypaul.com/node/96510
China has bought tons of gold lately
Doesn't that hedge their bets?
Real
Whoever thinks these things are fake is a retard.. Who would buy all these bonds and not check to see if they were real or not?? They were probably willing to sell them at a loss and were trying to do so discretely. Counterfit? I think not.
Why would they get two guys
Why would they get two guys who look very out of place to carry such a huge sum? Diplomats can carry packages that aren't subject to search. Why not have a diplomat carry the bonds in on a regular flight?
I'm not saying the bonds can't be real, just that it is possible that they are not. It's possible that the two men caught with them were scammed themselves.
I guess
I guess they figured the G8 meeting would have provided enough cover? Why would they do it during the G8 meeting? Maybe they thought diplomats would have been to obvious? Everyone except Americans thinks T-bills are gonna collapse and fold. Japanese are probably trying to get the jump on it. And why the media blackout on the subject?
Look at the other thread.
Look at the other thread. This one isn't true. It was a couple of scammers from the Philipines. They weren't even Japanese.
Just another thing...
...in a long list of things that we will never know the truth about.
Even after the truth comes out.
I may not know the truth, but I know when I'm being lied to...
I may not know the truth, but I know when I'm being lied to...
Very good piece ...
It will probably take some time, but the mystic idolatry of the dollar has reached its peak and will be rendered to the room that contains the Greek gods among others.
WAHOR!!
http://www.dailypaul.com/node/48994
WAHOR!!
http://www.dailypaul.com/node/48994
I saw this too, and started
I saw this too, and started a thread about it last week, but a little googling left me unconvinced.
If Japan wanted to secretly move some bonds to Switzerland, wouldn't they have one of their diplomats, who cannot be searched, carry them?
If the story were true it would be big news. I'm just not so sure that it is.
I tend to agree with you---
Too many weird 'facts'.
E-golds has been tracking this too.
I recently read a report saying they're fake. Why go to all the trouble to travel with, and hide, fake bonds?
Fake or real, This story is getting no coverage in my neck of the woods and I find that odd.
Good to have you back, Michael.
Ron Paul "Sign Wave Across the USA" -- November 5th!