You won’t believe this…
Remember the $134 Billion dollar U.S. Bond scheme- a while back? You know- the Japanese guys who got arrested in Italy trying to smuggle the notes into Switzerland? Yes yes that one. The American authorities declared the bonds fake and we never heard anything more about it. The two guys who were arrested disappeared in thin air and the story came to a dead end. Well guess what? Two more guys got arrested by Italian authorities last month. Only this time they were smuggling a mere $100 billion in U.S. treasury notes. The American authorities are looking into this one now, trying to determine if these are fake as well. Too many similarities for my suspicious mind. What do you think?
Bloomberg Report on the story at:
http://www.bloomberg.com/apps/news?pid=20601092&sid=afX0BWHToC1g
Go to the Link above and see what you think? Is it one of those…”if it looks like a fish, it smells like a fish, chances are it ain’t roses”? I wonder if these guys are going to disappear off the face of the earth as well, right after the U.S. authorities declare this bundle of bonds FAKE?
Don’t we deserve a little more information about these two occurrences? Is OUR government trying to hide something? What’s the role of the Japanese? What’s the role of the Italians for that matter? Why are these morons who keep getting arrested always go through Italy? Do they think Italian police are that stupid or is it a set-up? Are the Italians involved? Are the arrests a “red herring” just to throw us off the trail? Maybe? Maybe not? Possibly international ponzi scheme involving governments and/or Banking institutions ? Who knows? Who wants to know?
Goddamn it I f..kg want to know. You want to know. We all want to know. The world wants to know. Hmmm…it smells fishy…………….!
Remember the $134 Billion dollar U.S. Bond scheme- a while back? You know- the Japanese guys who got arrested in Italy trying to smuggle the notes into Switzerland? Yes yes that one. The American authorities declared the bonds fake and we never heard anything more about it. The two guys who were arrested disappeared in thin air and the story came to a dead end. Well guess what? Two more guys got arrested by Italian authorities last month. Only this time they were smuggling a mere $100 billion in U.S. treasury notes. The American authorities are looking into this one now, trying to determine if these are fake as well. Too many similarities for my suspicious mind. What do you think?
Bloomberg Report on the story at:
http://www.bloomberg.com/apps/news?pid=20601092&sid=afX0BWHToC1g
Go to the Link above and see what you think? Is it one of those…”if it looks like a fish, it smells like a fish, chances are it ain’t roses”? I wonder if these guys are going to disappear off the face of the earth as well, right after the U.S. authorities declare this bundle of bonds FAKE?
Don’t we deserve a little more information about these two occurrences? Is OUR government trying to hide something? What’s the role of the Japanese? What’s the role of the Italians for that matter? Why are these morons who keep getting arrested always go through Italy? Do they think Italian police are that stupid or is it a set-up? Are the Italians involved? Are the arrests a “red herring” just to throw us off the trail? Maybe? Maybe not? Possibly international ponzi scheme involving governments and/or Banking institutions ? Who knows? Who wants to know?
Goddamn it I f..kg want to know. You want to know. We all want to know. The world wants to know. Hmmm…it smells fishy…………….!
Again This Is Not News….It’s Jungle Politics!
From The Desk of Dr. Politikong…Over and Out!
From The Desk of Dr. Politikong…Over and Out!
First of all...(whispers).....I'd like to congratulate the Italian custom officers for more fine work......and second......(screams)....WHAT THE FUCK IS GOING ON?
ReplyDeleteEddie Perez
Sacramento, CA
If they're real, wtf is going on?
ReplyDeleteIf they're fake, what's the point? What market is being deceived, to the tune of 100's of billions, with fake bonds?
Doug O'neill
LA CA
Fucking AGAIN?!?!
ReplyDeleteConsistency cancels coincidence.
It wouldnt surprise me if they were real and being sold severely discounted.
Why does it always happen around Japenese events? Elections, Japs yammering about the yen and discountinuing bond purchases...
Nobody wants to be left holding the bag.
Nice find Mr. Politikong. I don't know how you keep coming up with this dirt.
ReplyDeleteJulie Krone
Seattle, WA
ok, I'll join the chorus......WTF???????????????????
ReplyDeletejohn maudlin
san antonio tx
They are real. So were the first ones. The Japs are trying to get whatever they can for their US denominated bonds before the US dollar totally becomes asswipe. That's what happens when you keep printing it.
ReplyDeleteJeff Mullins
Los Alamitos CA
Something's very fishy here.....
ReplyDeleteAfter all the publicity (at least in Europe and most certainly among those who are in business to trade bonds) that the first batch of $134 billion were supposedly FAKES, would anybody be dumb enough to try and pass off $100 billion of FAKE bonds?
Unless of course they are NOT fake........and how the hell do the two Japanese who attempted the crime of ALL centuries just vanish in thin air.
Betty McCoy
Las Vegas, NV
Mark my words, this will be an Oliver Stone movie in a few years.
ReplyDeleteDan
Anyone want to bet that these guys they caught now will soon disappear without a trace too? What a fucking mess.
ReplyDeleteDonna Knight - Sonoma
Saturday Night Live skit anyone?
ReplyDeleteDr. Politikong, thank you for shedding light on this story that could be right out of an Ian Flemming novel.
ReplyDeleteReality is you're not going to walk into a bank with $100 billion in bearer bonds and cash them. Nor are you going to sell a bond with a $500 million face value to someone without them authenticating it. They will be authenticated before you get one dime out of them - no matter who you think you're going to "give" them to. So if they're fakes and you're "just screwing around", there is no reason to hide them. Fakes my ass.
Ian Howard
San Fran
IMO the US Treasuries are real and were headed for the Swiss Free Port of Chiasso.
ReplyDeleteSwiss free ports zones, normally based around airports, operate outside of Swiss government control. Goods entering such zones are not registered or taxed, are not reflected in Swiss import statistics, and are sent to other locations without export duties. While free port zones are part of Swiss territory, they operate outside of Swiss customs control.
Swiss free ports enjoy a level of freedom that others don’t. For example, European Union free ports are subordinate to the customs authorities. As such, they have to keep a detailed inventory of all the goods passing through their hands. That is not the case in Switzerland, where goods can be warehoused for an indefinite period of time.
Because of their special legal status, these free ports are used to store all types of expensive and exotic (sometimes illegal) goods, including art, gold, weapons, wines, stock certificates and other securities, etc... Swiss free ports are the number one place for auctioning jewellery, accounting for 60 percent of the world market. Large quantities of art works from all time periods have also been imported/smuggled into these free ports. They are also used to store large quantities of gold/silver, by investors afraid of confiscation.
Richard Mowkowski
Santa Barbara, CA
Let me get this straight.
ReplyDeleteThese guys were crossing into Switzerland with $100 billion in US bonds.
They would walk into the UBS or Credit Suisse Headquarters, walk up to the counter and ask the girl if she wanted to buy pieces of paper for
100,000,000,000 US dollars
and no one would bother authenticating!!!!!!!!
This is too absurd to be funny in a Steve Martin Pink Panther movie.
Jack Carava
Washington, DC
Who can possibly own $100 billion in bonds other than a sovereign country, and a major one at that? Were the guys arrested in this incident also Japanese?
ReplyDeleteHow did the first two guys disappear without a trace?
Something (everything) is not right here.
Dr. Politikong, what's your take on this?
ReplyDeleteThe US $ has lost 25% of it's value against most major currencies in the last 3 months. Our Government's response to the crisis has been to run larger, obscenely larger, deficits. We borrow the money, or print it.
This strategy will lead to the ultimate destruction of the US dollar as foreign investors and governments will not want to hold a currency that is debased by constant printing, or hold debt from a country that's so much in the hole that default is all but certain.
If you were the owner of $100 billion in US bonds (Japan?, China?, Arabs?), you couldn't unload them on the market without further crashing the dollar, perhaps pushing it in it's final destructive downward spiral. So what do you do?
You unload them in Switzerland privately at a discount, that's what you do. Either to another sovereign country (Switzerland?, Germany?) or to a wealth fund wanting to legitimize illegal profits hidden in Swiss bank accounts (weapons sales?, drugs?).
Both sets of bonds, in my pinion, were authentic. The real question is, how many other bonds have made it to Switzerland without being detected. This whole incident doesn't bode well for the US dollar. Start diversifying.
John King
New York
I sign on to the blog before I sign on to the NY Times. I think the reason is obvious. WELL DONE.
ReplyDeleteWendy Malik
Manhattan, NY, NY
Unfuckingbelievable!!!!!!!
ReplyDeleteI imagine in a couple of days the authorities will announce that the bonds are counterfeit and the whole matter is considered closed. The two counterfeiters will disappear into the night never to be heard from or be seen again. What a scam!!!!
Why don't major newspapers assign investigative reporters to look into this story? Where are today's Woodwards and Bernsteins? Oh, I almost forgot, the US Government and corporate elite have hijacked the media in this country. National Enquirer anyone?
Thank you Dr. for sharing.
Scott Young
Boston, MA
THIS BLOG ROCKS.
ReplyDeleteYou want bullshit, read the NY Times. You want the truth, visit here.
Juliette LeMar
Tenafly, NJ
@ Scott Young
ReplyDeleteBoston, MA
Unfuckingbelievable!!!!!!!
You have to understand Scott that,
Mr. Bob Woodward is too busy busking in the fame Watergate got him, so has become indifferent to "anything" post 1970's decade and Mr. Carl Bernstein is too busy making money by publishing trash books about the Clintons to care about anything else. I used to admire those two guys, but like you said the MSM sold out to the highest bitter.
Zenon M
Santiago Chile
Another good one Dr. Kong.
ReplyDeleteYou are quickly becoming everybody's Reliable Source of information. Keep them coming sir or madam.
Debbie Pann
NY NY
I just can't f..g believe it. Again? Man something isn't right here and I will bet you my bottom dollar and my last bottle of moonshine our government is in on it. How can the smugglers just disappear? I don't get.
ReplyDeleteJaspar
KY
Remember folks - as a point of fact...bearer bonds have been illegal to sell to individuals or institutions since 1982. Anybody with half an ounce of brains, dealing in these financial instruments would know that. Especially counterfeiters who deal in such large amounts and governments who may be in possession of them, “may” being the operative word here. By all accounts and expert’s opinions there shouldn’t be any bearer bonds left circulating on the markets, domestic or foreign. So again, think about that. Try to identify and attach "motive" for this alleged “forgery” - this insanity. Then start connecting the "dots" and see where they lead you.
ReplyDeleteIt smells bad. Fishy to fishy. In fact it stinks. Keep us posted Kong. I like to know when these new guys will vanish.
ReplyDeleteAlways good writing.
Scott
Austin TX
I swear to God Dr. if these bastards gov. and Banks have anything to do with this I am fkng leaving this country. I will move to Europe or Canada but will not stay in a country where the gov. lies to us all the time. Enough.
ReplyDeleteEric S
San Fran
God help this country that's all I have to jay.
ReplyDeleteDisappointed Joe.
Columbus Ohio
I can't handle this any more. I really can't. The uncertenty is driving me crazy. Am I the only one who has this feeling of fraustration and loss of control of my life?
ReplyDeleteJoyce
The smell of fish nausiates me. The smell of our government being involved in this makes me vomit.
ReplyDeleteDiane Shaltz
Portland Oregon.
Unbelievable. Bloody unbelievable and scary to think that there is a chance that these bonds actually exist and are real. Say good buy to the green buck.
ReplyDeletePaul T
Phoenix Arizona