2 Japanese Nationals caught trying to dump 134 billion in treasuries

[Wickwire]

Now the timing of that report is interesting because it means one of two scenarios, neither of which are good. Either these Japanese smugglers were trying to dump 20% of Japan's USD holdings under the table and the "unshakable" report is meant to try to save face after getting busted OR Japan didn't get the memo about the seizure in time to spike the statement. In the latter instance, it's really easy to have "unshakable" trust when the Fed/Treasury is quietly handing you TARP (US taxpayer) money to use to buy new Treasuries, therefore not risking your own money, and keeping the illusion that the game is still going strong. Also notice that Yosano's statement was released prior to a summit of G8 finance ministers being held in ITALY.

Keep in mind that the Japanese gave us "Friendship Medals" prior to bombing the hell out of Pearl Harbor. I think history should tell us just how "unshakable" their trust really is.

 

[devil21]

Looks like the media picked up my theory

http://www.asianews.it/index.php?l=en&art=15505

 

[Sarge]

Here is a video from Japan. Can anyone translate?

http://www.japanprobe.com/?p=10797

Just incredible that the US media is brain dead. I have a feeling this one is not going to go away, even if it is not our press paying attention.

You might be right on the theory, but it leaves a lot of questions if it was the US due to the amount ,and how they would explain that the money was no longer available.

We need a few like Edward Murrow or Ernie Pyle that would tear into this kind of potential news. Where is Bob Woodward when you need him?

 

[devil21]

Who would they need to explain it to? TARP money is being paid back as we speak so the remaining balance could just disappear, never to be heard from again. There's been next to no explanation of where the money has gone. I don't see why this would be any different.

There's been instances of TARP money disappearing already and that's why it wouldn't surprise me in the least.
http://www.anatreptic.com/archives/2009/02/150_billion_in_tarp_funds_unac.html

 

[angelatc]

yeah- I was a teller for a year with bank one (before jp morgan bought it).
I never filed that shit. It was a paper form you had to fill out. Today's tellers may have electronic forms that auto-report.

It's all automated now.

 

[someperson]

Here is a video from Japan. Can anyone translate?

http://www.japanprobe.com/?p=10797

The Japanese broadcast report states that 2 men in their 50s were detained by Italian Finance Police at the Swiss border under suspicion of smuggling over 13 trillion en in bonds. It seemed they were headed to the border town of Chiasso from Milan at the time.

Inspecting their possessions, a bag was discovered with a false/double bottom that contained 249 papers representing 500 million dollars each in American securities. The bonds come to 134 billion dollars in total. The Italian authorities are keeping the possibility open that these bonds are forgeries, in light of the excessive amount. The Japanese authorities are trying to verify and confirm the identities of these people and whether they are, in fact, from Japan, etc.

や～べっ・・

 

[Sarge]

Thank you for the translation.

At least they are reporting. Not here. SHAME ON THE US MEDIA!!!!!!!

 

[He Who Pawns]

this whole story sounds like nonsense. if the japanese wanted to smuggle bonds into Switzerland, why wouldn't they just use a diplomatic pouch?

 

[someperson]

Thank you for the translation.

My pleasure

 

[Sarge]

If all things were normal I would agree.

The Fed unwilling to give details on anything without a court order makes for different times.

You are likely right, but I want all the details. Bad timing with big amounts at the wrong time.

 

[the count]

Reality Check

some of you here really think it is possible for 2 fellows to have 134 billion dollars? obviously you have no idea how much money that is. its more than gates, soros and the rockefellers combined! its got to be from some county.

so that leaves several possibilities:

1) the stuff is fake. if it is, my bet its a north korean job. they have been caught in the past producing high quality fake $100 dollar bills. but this still leaves open one big question: who in gods name would be interested in buying this huge amount of bonds?

2) if the stuff is real, it gets even more sticky. it could really only be a country like china, the UK or an arab state. why would they not use a diplomatic pouch to send the bonds straight to switzerland? we are assuming the were going to sell the bonds, maybe these 2 fellows just 'bought' them.... from whom? why?

3) and this is the most puzzling part. who has shut up the u.s. mainstream media so effectively? and why? this case had FED written all over it, i can guarantee you. every day i feel more like i went to sleep and woke up in a bizarre episode of the twilight zone.

4) i cant believe the naive thinking of some in the italian press that are saying the owner of this fortune will just forfeit the 40% percent and quietly go away. yeah, right!

unfortunately we will never find out the truth, i am sure of this.

 

[HOLLYWOOD]

some of you here really think it is possible for 2 fellows to have 134 billion dollars? obviously you have no idea how much money that is. its more than gates, soros and the rockefellers combined! its got to be from some county.

so that leaves several possibilities:

4) i cant believe the naive thinking of some in the italian press that are saying the owner of this fortune will just forfeit the 40% percent and quietly go away. yeah, right!

unfortunately we will never find out the truth, i am sure of this.

Stealing $53.6 Billion = A Lot of Dead Bodies

One Exception, Bernie Madoff... just a few dead bodies

 

[someperson]

It's been further clarified in Japanese reports that the pair is a man and a woman. In addition, it seems the major Japanese tv networks aren't following up on the story as previously assumed.

sources:
http://gimpo.2ch.net/test/read.cgi/news5plus/1244660551/l50
http://webnews.asahi.co.jp/ann_i_190611003.html

 

[ghengis86]

if you were ever thought there was no global cabal of elites that control just about everything, here is your proof.

$134.5 Billion fucking dollars in bonds during an economic crisis the world has never seen, and not a fucking peep from the news media, save for some abstract asian news outlet and increasingly stifled Japanese reporting.

Not a fucking peep...

 

[ghengis86]

could these be greedy bastards that bought fake bonds?

http://www.dallasnews.com/sharedcon...s/stories/022608dnmetcounterfeit.38c632b.html

 

[the count]

could these be greedy bastards that bought fake bonds?

http://www.dallasnews.com/sharedcon...s/stories/022608dnmetcounterfeit.38c632b.html

Great job!

Sounds like there very well could be some kind of connection to the case in Italy.

 

[TGGRV]

Is 134 billion 10% of japan's holdings?
That seems like a small percent of our total debt.

The total US unfunded obligations reach 78.8 trillion USD - before Obama blowing even more money around. However, the current national debt is at around 9 trillion or something. A part is owned by the Fed, a part is owned by Japan, China and other countries. So 1.34 trillion isn't that much of a small percentage.

 

[Matt Collins]

 

[specsaregood]

could these be greedy bastards that bought fake bonds?

http://www.dallasnews.com/sharedcon...s/stories/022608dnmetcounterfeit.38c632b.html

Yeah it looks like this case will have to do with the infamous "1934 Morgenthau Bonds". The US claims they are fake/counterfeit/never produced. The other side of the story is a bit more mysterious.

IIRC, the "story" goes that we produced these bonds and sold them primarily to the japanese and japanese imperial families and in exchange took gold and diamonds primarily. The proceeds for from these bonds primarily went to financing the "New Deal" programs. Now gold is expensive and tough to ship overseas, so supposedly a lot of the proceeds we got from the sale of these bonds was buried/stored in the philipines.

Now at some point the Japanese discovered that we were helping finance their enemy using the proceeds from these bonds. (taking their money and financing their enemy) then they also discovered that the US was not going acknowledge these bonds as real (not redeem them) and this was the real reason that the Japanese attacked Pearl Harbor. The japanese then put lots of their time into securing the philipine islands during the war because they knew that was where a large part of their gold and diamonds/valuables where buried/stored.

I don't know how much of the above is true. But it is certainly and interesting story and many people over on that side of the world are convinced that they are real. There are constant rumors that if you have the right connections you can still get these things redeemed at about 10% of face value. But if you dare bring them into the US they will be seized immediately and you will be charged with fraud and various counterfeiting charges.....Hell, with how serious they take it, I probably shouldn't be posting this. For the record if somebody wants to bring you in on any deal with Morgenthau bonds: run the hell away as fast as you can.

 

[Sarge]

It sounds like they were fake. But then, all our money is fake now.

Fake frns chasing fake bonds.