Modesto man arrested on suspicion of cashing stolen treasury bonds

MODESTO BEE ^ | Wednesday, Jun. 17, 2009 | n/a

[Cindy]

SNIPPET: "It was discovered, according to police, that McFarland allegedly cashed stolen saving bonds at the same bank five days earlier.

McFarland, a wanted parolee, was booked at the San Joaquin County Jail on charges including burglary, forgery, possession and use of fake identification cards, possession of stolen property, and an outstanding Santa Clara County warrant and parole violation."

[Ken522]

Did he try to cash one of those $500,000,000 bonds floating around?

[Ghost of Philip Marlowe]

I think with the way the economy is heading, instead of a gold confiscation ala FDR, Obammie the Commie will put a moratorium on US citizens cashing out T-Bills and US Bonds.

This case could be a snapshot into the future of what will happen should any US citizen try to force the US government into upholding its contractual obligations.