How the Bearer Bonds Saga Could Bring Down the US

Contrarian Profits ^ | 6/18/09 | Contrarian Profits

[Califreak]

"Whatever the truth behind the bearer bond arrests , we know it doesn’t bode well for America’s economic future. At best, it demonstrates that the US faces economic sabotage from an (as yet) unknown source. At worst, it’s evidence of underhand behaviour by US authorities to finance the country’s spiraling debt problem."

[colorado tanker]

I haven’t seen any verification that the bonds are real and not forgeries. It’s a really weird story, but I can’t get too excited about it yet.

[Kartographer]

But it’s clear the arrests by Italian authorities of two “Japanese-looking” men allegedly attempting to smuggle $134.5 billion worth of US bearer bonds across the Swiss border is the biggest financial crime in history. And one with major implications for America’s economic security.

So can someone tell me the difference between 'japanese' looking men and say 'chinese' looking men or even 'North Korean' lookning men?

[BenLurkin]

What happened last year smelled funny at the time.

Al Qaeda has reportedly threatened economic attacks along with bombs.

The American public may have never been fully briefed about what happened then either.

[library user]

If the report is true (it has been relayed by the Associated Press, Bloomberg, The Times and the Dow Jones news service), it means these two as-yet-to-be-identified men were carrying securities amounting to the GDP of New Zealand – or enough money to fund three Beijing Olympics – in non-negotiable bonds in their suitcase.

And to think I get worried about the wind taking a freshly withdrawn $20 bill from the ATM dispenser.

[penelopesire]

bookmark

[null and void]

N. Korea makes very fine counterfeit US$100.00 bills.

Genetically Koreans and Japanese are very very close (although saying so could get you knifed in either country).

Connect those dots however you wish.

[Onelifetogive]

So can someone tell me the difference between 'japanese' looking men and say 'chinese' looking men or even 'North Korean' lookning men?

Slant angle?

[BuckeyeTexan]

The amount seized should ring alarm bells. On March 30 2009, the Treasury Department announced that $134.5 billion remained in the TARP. The stated amount of seized bearer bonds was $134.5 billion.

WOW!!!!

[ridesthemiles]

What is a “Kennedy” bond, please?

[BGHater]

No way. At this point we are building a case against the N. Koreans for war. If they were trying to do this the Pres and others would be talking about this.

This is something more shady.

[Califreak]

I think Zero knows something

[null and void]

At this point we are building a case against the N. Koreans for war.

We? We? What does He care about we?

[SomeCallMeTim]

So can someone tell me the difference between 'japanese' looking men and say 'chinese' looking men or even 'North Korean' lookning men?

Japanese men look very different from Chinese men. The Chinese are different in skin color, have broader faces, lighter hair, broader noses.... and, wider shoulders.

North Korean men are far skinnier, and have rounder eyes.

Give me a lineup, and I could correctly identify each >95% of the time. I'd probably be 100% telling the difference between women! ;-)

But... your point is well taken. Who the heck were these guys?

[The Sons of Liberty]

If the bonds are real, then it probably means that some government has lost confidence is trying to dump them without starting a stampede. If they are counterfeit, then it bodes ill because they are so good that they can pass for the real thing. Either way, the ramifications for economic upheaval are very scary.

[DogBarkTree]

Japanese have small penis

[djf]

As a matter of fact, one can.

I worked for years in downtown Seattle that has large amounts of all, throw in Filipino to boot.

I was fairly astute at telling the difference.

[Brett66]

the biggest financial crime in history

Apparently the Italians didn't think so, they released the 2 men and have no idea where they are now.

[Anti-Bubba182]

Me neither! The story smells. Only a government would own that amount of bonds and if they wanted to move them why not use a diplomatic pouch as the article suggests?

[BGHater]

Add this to the plot.

I read a WSJ article in Feb. It was about Feng Shui and the Chinese way of investing.

What caught my eye was that one of the experts predicted a Financial Terror Attack between June 6 & July 7.

I wrote it down. I dunno if this $134 Billion is part of it. But the guy knew something, here is the link and article.

Some See a Rat in the Year of the Ox For Investors Seeking Advice

"He's negative on the U.S. for now. President Barack Obama, he said, may want to consider wearing the emblem of a rat to balance the traditional misfortune of being an ox in the Year of the Ox. "Maybe someone should present him with a Mickey Mouse hat," Mr. Yeo said.

He told his audience to watch out for a "financial terrorist attack" sometime between June 6 and July 7."