Posted on 06/22/2009 10:35:13 AM PDT by D C Jones
June 22, 2009
Theories abound, but facts are in short supply. One fact that can be surmised is that there is a cover-up. The evidence for this is circumstantial, but overwhelming. It meets the standard of “beyond all reasonable doubt”, the supposedly highest standard set in American jurisprudence.
It has been 19 days and the two alleged perpetrators/victims have not been identified to the public.
The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm the authenticity of the bonds.
Colonel Rodolfo Mecarelli of the Guardia di Finanza in Como, Italy, said the securities, seized in Chiasso, Italy, was very genuine looking and needed to be confirmed by the Securities and Exchange Commission.
“They’re clearly fakes,” said Stephen Meyerhardt, a spokesman for the U.S. Bureau of the Public Debt in Washington.
Takeshi Akamatsu, a Japanese foreign ministry press secretary, said Italian authorities had confirmed that two men carrying Japanese passports had been questioned in the bond case but Tokyo had not been informed of their names or whereabouts. “We don’t know where they are now,” Mr. Akamatsu said. Kyodo News reported on June 19 that the two Japanese men had been released. The Japanese consulate general in Milan said Thursday it has confirmed that two men who were briefly detained by Italian police after attempting to enter Switzerland with $134 billion worth of U.S. bonds were Japanese citizens. The men were released later that day after an Italian lawyer provided fidelity guarantee for them. (Kyodo News (共同通信社 Kyōdō Tsūshinsha) is a nonprofit cooperative news agency based in Minato, Tokyo. It was established in 1945 and it distributes news to almost all newspapers, and radio and television networks in Japan. The newspapers using its news have about 50 million subscribers.-Source: Wikipedia)
These bonds were not obvious forgeries. For nearly two weeks, Italian authorities probed their authenticity and eventually requested the U.S. Securities and Exchange Commission's appraisal. Asked what it concluded, SEC spokesman John Heine told me Wednesday: "I think I need to decline to comment on this." By DEROY MURDOCK Scripps Howard News Service
Questions:
How can the quality of forged bearer bonds be so meticulous that they “are indistinguishable from the real ones”, yet the counterfeiters are so ill-informed as to not date the bearer bonds appropriately, or print denominations that never existed?
The denominations are so large, and the amount so much, who or what institution could afford to buy them, and why would they?
If the bonds are fake, how without a conspiracy at the buyer level, and the authentication level could the bonds be sold? (Someone at the buyer level, who had enough clout within an institution to direct the authentication process to a coconspirator at the authentication level, seems the only feasible way a sale could take place.)
With an array of biometric technologies from fingerprints to unknown classified identification systems and methods, and huge commercial and government data bases that keep track of just about everything on everybody in the civilized world, how long would it take determined government entities to identify the two men?
If they have indeed been released and the bonds fake, then they are cooperating with law enforcement in apprehending there fellow conspirators, (the only plausible explanation) and how could this be kept a secret from the other conspirators, and why have there been no reports of further arrests in what would be the biggest fraud in history perpetrated by private individuals?
If the two individuals were released as reported by Kyodo News, and there has been no news of them since this story has broke on the internet in a large way, then isn’t the cooperation with law enforcement scenario unlikely?
If the two men were released without being part of a set up to catch there fellow conspirators, (extremely unlikely to begin with) is it plausible that the bonds were fake?
If the bonds were real, can anyone believe that the owners could be anything other than a government?
Assuming that the government is Japan, (since there are only four governments who are reported to hold this much American debt) how likely is it that Italy receive proceeds of any kind when the owner is a government as compared to a person/people?
Considering the daily diet of sensationalism that the mainstream media feed the populace every day, can it be argued that a concerted effort, on a huge scale has been implemented to suppress this otherwise sensational story?
What other than the enormous implications of the bonds being real would warrant the effort of the attempted world wide main stream media block-out?
Is it plausible that an unofficial, or covert part of the Japanese government is behind the attempted sale? Would this explain the lack of utilizing the diplomatic corps? Plausible deniability protocol?
Wouldn’t using a plausible deniability protocol insure the bonds being returned if anything went wrong, and absolve any upper echelon Japanese officials of betraying there purported support of the US dollar?
Wouldn’t the sale of these bond eventually come out, and incur the wrath of the US government?
D C Jones
Hmmmm. Maybe Soros has shorted the dollar and this was going to be the spike he needed to roll up a few more $Billion. Or may I should say a few more Billion Euros.
the silence from the US government...is deafening
this was at least as big an attack on the US (via our treasury) as 9-11. The past and present administrations have also been silent over who started and profited from the 18 September 2008 $550 Billon dollar run on cash in our banking system. Congress has been silent. The press has been silent.
This situation is crazy.
This has been a high speculation to facts ratio story since the day it broke.
Only the original buyer can verify their authenticity if questioned. The serial numbers would expose the original buyer.
Either way it goes, declaring them fakes is in the US treasury's best interest.
It would expose the smugglers or devalue the paper without hurting the treasury.
The only negative is if the paper could be proved to be authentic without a doubt.
Big risk for all involved.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.