have you heard that two japanese men were caught with a briefcase full of u.s. bearer bonds in italy? have you also heard that those bonds were worth $134.5 billion? the blog that i read this on, and that i have referenced, is called market ticker, and it is run by a very, shall we say, bombastic individual by the name of karl denninger. i know nothing about him further than what i can glean from his posts; from those, i guess that he is some kind of finance analyst, libertarian and possible conspiracy theorist. he's good at reporting actual news, seeming to come up with little tidbits that fall all too easily through the cracks elsewhere, so i wouldn't doubt the story's authenticity. his conclusion--that the bonds may be an indication that the federal government is issuing shadow debt to other countries in order to cover unreported liabilities--doesn't strike me as likely, but then, what the hell do i know? the bonds, though they haven't been authenticated yet, struck the italian police as so genuine-looking that, if they were a forgery, they would be totally indistinguishable from the thingo authentico. what the men hoped to do with the bonds, besides get them to switzerland, is anyone's guess. i think even a bank in zuerich might be a little suspicious of two besuited asian gentleman carrying a tenth of japan's total american bond portfolio who wanted "preasuh to depositu, prease."
i smell a mystery, and all roads lead to international banking/socialist conspiracy.
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I'd seen something about this circling 'round a few blogs here and there (though namely Zero Hedge, which incidentally is also of the somewhat crazy and occationally slightly homophobic bent) but that's the first I heard anything about a secret shadow federal borrowing ring. But then again, if nothing else the Jews are good at covering up their tracks. Am I right, guys?
ReplyDeleteHere's the Zero Hedge post: http://zerohedge.blogspot.com/2009/06/open-letter-to-secretary-of-department.html
There's something about Indonesian printing presses in there, but this thing goes deep. Real deep...
Also, who is Mr. Adams?
it's a shameless pilfer from lost in translation.
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