US government securities seized from Japanese nationals, not clear whether real or fake
Bonds worth US$ 134.5 billion are seized. This is the largest financial smuggling case in history. But are they real? Concern over ‘funny money’ or counterfeit securities is spreading in Asia. The international press is silent.
Milan (AsiaNews) – Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each. Italian authorities have not yet determined whether they are real or fake, but if they are real the attempt to take them into Switzerland would be the largest financial smuggling operation in history; if they are fake, the matter would be even more mind-boggling because the quality of the counterfeit work is such that the fake bonds are undistinguishable from the real ones.
What caught the policemen’s attention were the billion dollar securities. Such a large denomination is not available in regular financial and banking markets. Only states handle such amounts of money.
The question now is who could or would counterfeit or smuggle these non-negotiable bonds.
In order to stop money laundering Italian law sets a ceiling of 10,000 euros per person for importing or exporting money without declaring it. The penalty for violating the law is 40 per cent of the money seized.
If the certificates were real, for Italy it would be like hitting the jackpot. The fine alone would amount to US$ 38 billion, five times the estimated cost of rebuilding quake-devastated Abruzzi region. It would help Italy’s eliminate its public deficit.
If the certificates are fakes the two Japanese nationals could get a very lengthy jail sentence for fraud.
As soon as the seizure was made the US Embassy in Rome was informed. Italian and US secret services were called in to assist the Italian financial police.
Some important international financial newspapers had already reported on the existence of ‘funny money’ circulating on parallel, i.e. unofficial, financial markets.
For AsiaNews a few points need considering:
1. When it comes to Italy the world press has tended to focus on Italian Prime Minister Berlusconi’s personal problems rather than on stories like the bonds smuggling affair which has been front page on Italian newspapers.
2. The fear of counterfeit bonds and securities has spread across Asia with the result that real securities are also considered with suspicion.
3. During the Second World War several countries at war printed and put in circulation perfectly counterfeit enemy money. It is also historically established that some central banks, like the Bank of Italy 65 years ago, issued the same securities twice (identical registered number and code). This way they could print more money with legal tender than they officially declared. The main difference though is that 65 years ago the world was involved in a bloody war, which is not the case today.
I would say that we ARE involved in a bloody war, but that the new warfare is financial… the subprime mortgage collapse is another form of economic warfare.
On March 30, the Korean Central News Agency (KCNA), the state news agency of North Korea, reported that preparations were under way for indictments and a trial, saying, “The illegal entry of US reporters into the DPRK (Democratic People’s Republic of Korea) and their suspected hostile acts have been confirmed by evidence and their statements.” The two will face trial on June 4.
According to Kim Tae-woo of the Korea Institute for Defense Analysis, “The journalists considerably weakened their government’s leverage against the North,” in ongoing negotiations over the DPRK’s nuclear program.
On June 8, Reuters reported that the two reporters were found guilty of illegal entry and committing “hostile acts against the DPRK” and subsequently sentenced to twelve years of hard labor.
Not rocket science to figure this one out.
These two are clearly acting as provocateurs for Al Gore’s Current TV. (Yes, the same Al Gore who brought us the Global Warming austerity fraud and the PMRC).
The women will not be mistreated because they’re high profile female “political” prisoners. Mistreating them would be a global outrage and the US would milk it for all it’s worth. Their release will be negotiated at some point. Right now the two women are developing some “street cred” as political activists… so their continued careers as journalists are almost certainly guaranteed.
The US, of course, will use this to increase public support for action against North Korea.
global warming pushed by center-left worldwide financier oligarchy
right wing seems somewhat immune to this line of thinking
feb 2007 UN IPCC (Inter-governmental Panel on Climate Change) signals worldwide campaign
GW/CC is political, not scientific
1600 page scientific paper on CC in may 2007… “changes in the scientific part could be made to insure consistency with the summary for policy makers” (paraphrased from political abstract of IPCC)
supporters: eurogarchs, eurocrats, eurpoean central bank crowd, London, Gore & Obama, etc
oligarchs hate science and technology, habit of mind, deep ideological preference because oligarchy cannot exist if science & technology are prevalent… oligarchy is authoritarian and not based on anything real… it’s divine right, not performance
400BC, Athenian writer “The Old Oligarch”, “the Athenian navy uses modern technology and provides an avenue of upward mobility for the hoi polloi and stinking masses. that threatens the class privileges of oligarchs like myself.”
1000BC, Hesiod, “The Trojan War was necessary because the world was overpopulated. Too many people are oppressing the breast of mother earth.”
Al Gore
spokesman for CC faction
Re-inventing Government, An Inconvenient Truth, Current TV
right-wing democrat, reactionary,
father Al Gore Sr voted against Civil Rights Act
voted in favor of 1st Gulf War
selected Joe Lieberman for VP in 2000 (warmonger, reactionary)
prime mover in campaign vs Serbia, 1999
Cripple Creek Coal Co., owned Love Canal, NJ during toxic waste scandal (1998?)
friend of Prince Charles (pro nazi royal family of england)
Sir Maurice Strong (UN 1990s), canada, british operative, Environmental and Development Conference, Rio de Jeniero, 1992.. origin of the Kyoto Protocol.. “we may get to the point where the only way of saving the world would be for industrial civilization to collapse”
Thomas Malthus
industrial civilization allows 6BN to live on planet now and its destruction would undoubtedly weaken the carrying capacity of the planet.. it’s genocide on a global scale
London is world center of finance, not NY
science in US massively corrupted
Clinton/Gore admin.. Gore was environmentalist fanatic
started with Ozone hole and moved to CC
non GW/CC scientists purged during Clinton (1990s)
Global Warming Claims
Global Warming exists and continues
GW is anthroprogenic and due to human activity
response to GW has to be carbon taxes or cap & trade… policies have a foothold in GB & EU.. laws have no effect by their own admission
refutations
planet has survived many glacial epics (ice ages) before
10 ice ages over last 200,000 years intersperced with 10,000 year warming periods
last ice age 10,000BC.. so we’re about 1000 years overdue for another ice age
1300AD medieval warming period
1500-1800 “little ice age”
both of these are larger temperature changes than GW/CC ppl claim is dangerous now.. so we survived before.
roman empire warming period around year 1
oligarchy started policy with (over)population bomb, then ozone hole, now global warming
population growth goes negative in highly industrialized societies — poor have more kids — high technology leads to greater population potential thru efficiency and greater energy sources but industrial development actually causes ppl to have less children.. less infant mortality.. so the general trend is scientific advancement leads to ppl having less children who live longer vs more who die sooner in poverty/austerity/3rd world
population growth negative in japan and would be in US without immigration… which is generally poor ppl.
scientists tend to be mercenaries bought up and controlled by oligarchical foundations — grant/research funding
teresa heinz kerry (portuguese fascist family from africa) pushes this policy thru Heinz Foundation, ally of Maurice Strong pushing Rio hysteria of 1992
north pole ice is shrinking but south pole ice is actually growing
no catastrophic rise in sea levels, as prophesied
causes
peculiarities of the earth’s orbit
solar activity, sunspots +/- 1% normal fluctuations
connections between cosmic rays and cloud formation could be a factor
it is far more likely that temperature fluctuations have astronomical origin, not human
is this a product of human activity?
ice cores lose CO2 over time thru temp changes, osmosis, plate tectonics, entropy, etc
as ice cores get older/deeper there is less CO2
Ernst-Georg Beck found 19th century research data on CO2 levels proves no extraordinarily high level of CO2 now… current levels well within normal range
more CO2 in 1940 than there is now
CO2 sources: earth’s crust, respiration, fuel for plants
CO2 is not bad
CO2 level lower now than previous times in history
Callendar & Keeling 1950-80s
hockey stick CO2 curve is a fraud
proposed policy & solutions
claiming debate is over when it’s not
threatening ppl who dont support this nonsense
carbon tax, cap & trade.. emission of more carbon must be bought from speculative market (parasitical) in form of carbon offsets… potential for Enron market here
cap & trade seems to be aimed at destroying coal industry & industrial civilization… compare to Dark Ages, New Dark Age
big crisis to impose dictatorship (in order to save planet), Left-CIA
what should be done
use technology to solve problem, not austerity
viable public transport & urban mass transit, mag-lev commuter rail… remove 1/4-1/3 of cars from road for commuting
rebuild with mag-lev (or compressed air) commuter infrastructure (no pollution)
macro political struggle of oil (helps) vs coal (hurts) corrupting science
nuclear energy is obvious answer to global warming…
thermonuclear fusion the answer to fission waste concerns
HL Mencken
“The urge to save humanity is almost always a false front for the urge to rule it.”
finally, an article which makes the distinctions between sunni/shi’ite, persian/arab, and explains some of the historically feuding clans in the middle east. you’ll never see this stuff in the US media.
don’t call it a comeback, i’ve been here for years..
from the WSJ:
Many of the Republicans emerging as potential members of the Obama administration have professional and ideological ties to Brent Scowcroft, a former national-security adviser turned public critic of the Bush White House.
[...]
The relationship between the president-elect and the Republican heavyweight suggests that Mr. Scowcroft’s views, which place a premium on an Israeli-Palestinian peace accord, might hold sway in the Obama White House.
So, expect an Israeli-Palestinian Peace relatively soon.. they’ve had 90% of an agreement settled for years anyhow so this isn’t as big a stretch as it might seem.
Defense Secretary Robert Gates, who was deputy national-security adviser under Mr. Scowcroft in the George H.W. Bush administration, is almost certain to be retained by Mr. Obama, according to aides to the president-elect. Richard Haass, a Scowcroft protégé and former State Department official, could be tapped for a senior National Security Council, State Department or intelligence position. Mr. Haass currently runs the Council on Foreign Relations.
Other prominent Republicans with close ties to Mr. Obama — including former Secretary of State Colin Powell, who endorsed the Democrat in the final days of the campaign, and Indiana Sen. Richard Lugar, a senior member of the Senate Foreign Relations Committee — share Mr. Scowcroft’s philosophy.
“I think most of my close associates have a generally similar view,” Mr. Scowcroft said in an interview. “What’s the old story about birds of a feather?”
Mr. Scowcroft said his biggest piece of advice for the new administration was that it should make a renewed push to help broker an Israeli-Palestinian peace deal. He also endorsed Mr. Obama’s call for diplomatic engagement with Iran.
Also, NO war with Iran. Biden already let the cat out of the bag when he told Israel to get used to the idea of a nuclear Iran.
“Compared to the other alternatives we face with Iran, we ought to give it a really good, sincere try,” Mr. Scowcroft said. “I have a hunch that we’ll be more successful than a lot of detractors think.”
Obama aides declined to comment on the substance of the conversations. A transition aide said the president-elect has “deep respect for Brent Scowcroft.”
Mr. Scowcroft’s re-emergence caps a tumultuous few years for the 83-year-old former Air Force general. In the run-up to the Iraq war, Mr. Scowcroft wrote an opinion column in The Wall Street Journal arguing against an invasion and warning that it would “seriously jeopardize, if not destroy” the Bush administration’s war on terrorism. In speeches and interviews, he regularly criticized both the decision to invade Iraq and the Bush team’s handling of the war effort.
Now this is where it gets controversial. Bush/Cheney got away from the 9/11 plan when they invaded Iraq. There’s a huge war in heaven over this which came to a head in Sep 2007. Now the Neocons are OUT.
Essentially, 9/11 was a grand strategy to carve up Russia, not the Middle East.
Here are three suggested guidelines for voters in the general election.
Defeat Obama at all costs, since an Obama victory would put a crypto-Weatherman foundation operative and Trilateral Wall Street puppet into the White House, taking this country and the world towards catastrophe.
Defeat all members of Congress who supported the $700 billion derivatives bailout for Obama’s backers at Goldman Sachs and JP Morgan Chase.
Do everything possible to avoid a one-party regime controlled by the Obama-Pelosi-Reid cabal, which would impose a modern version of the Mussolini fascist corporate state, building on the state-sponsored compulsory cartelization embodied in the first installment of the bailout. The realistic goal is to obtain divided government, partisan paralysis, as much gridlock as possible, and a legislative standoff to provide time for the maturation of the necessary New Deal programmatic alternative to the current Democratic and Republican leaderships. We must avoid a Democratic Senate majority so large that opposition filibusters become impossible. (more…)
IMO, this is evidence of their handiwork. The wind didn’t change direction and fix the market, something clearly interfered around 2:45PM, October 6, 2008..
If there is one post you should read on this blog, it’s this one.
September 29, 2008 was a historic day for America and getting out from underneath Wall Street oppression.. the first of many, i hope. Forget what the talking heads are saying, yesterday was a Victory of Populism. The only thing the market lost yesterday was a bunch of numbers in an accounting book. God didn’t come down and take $1.2 trillion worth of property from the world. Factories didn’t disappear, only paper. And paper “assets” are NOT real.
Expect the oligarchy to try every scare tactic in the world to try and extort money from America… but do NOT submit and they will collapse into their own derivatives black holes. BE STRONG and invest in sustainable production, local communities, things in the REAL world. Real commodities, real production. NOT futures. NOT indexes. NOT paper gambling.
They will NOT tell you the people are winning. DOWN WITH OLIGARCHY!
