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Why Were The Trillions In Fake Bonds Held In Chicago Fed Crates?
While there is precious little in terms of detail coming out of the latest and literally greatest "fake" bond story in history, the BBC has been kind enough to release the pictures of the boxes that the supposedly fake bonds were contained in. While we reserve judgment on the authenticity of the bonds, what we wonder is whether the boxes were also fake. Because while we can understand why someone would counterfeit the Treasury paper itself, what we don't get is why someone would go the extra effort to also create a "fake" compartment in which to store it. In this case a compartment that is property of the "CHICAGO FEDERAL RESERVE SYSTEM." Perhaps Fed uberdove and Chicago Fed President Charles Evans will be kind enough to explain why Versailles Treaty Chicago Fed crates are floating around in Europe (and filled with $6 trillion in supposedly fake bearer bonds)?
What is also interesting is that a simple google search for Mother Box Treaty of Versailles yields the following:
Transferring rights over Mother Box Treaty of Versailles 1934-Illinois Bank
We transfer rights over Mother Box Treaty of Versailles 1934-Illinois Bank having the next status:
1. Has been verified by the authorities, being legal, certain and real existence.-
2. With SKR in an Reputable Security House in an European Country .-
3. History of mother box and baby boxes (13 ) certified by a public notary.-
4. Print amount in the front of Mother Box includes:
M.B. Control...G7777xxxxxxxxxxxx
Serial
Sec Code
Public Debt Nº
Total Face Value: Three Trillions
5. Inside 13 baby boxes closed, with certificates, numbers, size and height.-
6. 13 JPG Images (In High Definition) Front, Up, Down, Right, Left, Inside, each with notary seal and sign.-
Transfer rights under conditions as follows:
1. Deal only with direct interested with Bank POF (Proof of Funds) in hands (Non negotiable point).
2. No broker chains or pretenders in the middle.
3. Verification when buyer wants and wish face to face.
4. Meeting with the owner without problem, ever in the European Country.
5. We are able and open mind about any reasonable offer.
6. We not send images, numbers of information in advance.
7. First step for any interested person: LOI and Passport.
8. Second step: We reply with the same.
9. Third Step: Both parties disclose addresses, phone numbers, mails and skype (Owners don´t speak english)
10. Operation is clear: after all previous steps is Box against Money.If interest please write to secretisimo@mail.com
And some other examples of Chicago Fed Mother Boxes courtesy of divinecosmos:
And below is a fascinating, if entirely uncorroborated account on the provenance of these boxes, once again courtesy of Divine Cosmos. Unwittingly, the counterfeiters may have stumbled upon something they had no idea about:
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Probably for the same reason the Bushes met with Obama a couple weeks ago
http://www.politico.com/politico44/2012/01/obama-hosts-george-hw-and-jeb-bush-at-white-house-112638.html
And for the same reason that Bush tried to have Regan assassinated:
http://www.scribd.com/doc/9421535/Collateral-Damage-Part-2-The-Subprime-Crisis-and-the-Terrorist-Attacks-on-September-11-200126122008
Global ponzi must be protected at all costs.
Didn't this show up on Pawn Stars a couple of months ago and Chumlee bought it for $1500?
No, that was a fake Gibson guitar. In a box marked Property of Chicago Fed. Hmmmm, who else do we know from Chicago?
I think in the lower left I can see WB7's trademark signature
I'm sure billion of dollars are stolen from the Fed every year. They aren't audited, you wouldn't get caught. Hell, it might be a part of official policy.
The last act of a dying empire is the of looting the Treasury. This story, when the full facts finally emerge [if ever] will simply be the affirmation of that notion.
On this episode of Pawn Stars the crew must determine the authenticity of the illusion that is America
Prosecutors are not sure what the gang was planning, but think they intended to sell the counterfeit bonds.
I wouldn't jump to conclusions, maybe the Ikea catalog in the outhouse was nearly out of pages.
http://www.treasurydirect.gov/govt/reports/pd/pd_bearregsec.pdf
Only $24M unmatured and they were never issued with face value > $10k.
Surely you believe the official documentation from the People's Bank of China as well?
America is having its Weimar moment very soon.
Shouldn't you be picking out your houseboy in Athens about now?
This paper (with references) confirms that Treasury notes with nominations as high as $500 million HAVE indeed been issued by the US Treasury:
http://www.ehs.org.uk/ehs/conference2005/Assets/NollFullPaper.doc
More in my post on page 3:
http://www.zerohedge.com/news/why-were-trillions-fake-bonds-held-chicago...
http://www.zerohedge.com/news/why-were-trillions-fake-bonds-held-chicago...
Seems much of our political scum seems to come from Chicago nowdays.........but these do look fake based on the lettering.
It is filled with toilet paper !!!!!!!!!!!!!!!!!!!!!!!!!!!!
Counterfeit bonds in a counterfeit market
sniff...sniff....sniff..i smell me a conspiracy............
Real treasuries and fake treasuries are both fake money
Don't worry. The ECB will still accept them as collateral.
good grief........seems to be no sanctity in anything. When and how does this madness end?
Soon. In tears.
This reminds me of the Riddle of Steel in Conan
There is sanctity and trust in metals (Gold, Silver, Platinum, Lead, Brass)
so what's the end game of all this shit? Can someone please explain.... AM HAVING A MIND FREEZE.
THIS IS THE HEADLINE OF 2012 NO DOUBT!
http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495
http://www.amazon.com/Endgame-Debt-Supercycle-Changes-Everything/dp/1118...
http://www.amazon.com/This-Time-Different-Centuries-Financial/dp/0691152...
The answer is somewhere in there.
thnx Con
do you recommend shortning stox today? if any of you bear raiding let me know.. ill tank starting with long vxx and tvix
If the bonds are not fake, the US debt is much bigger than they're admitting. Frankly, that's probably what we all know deep down inside. The debt has been building higher and higher since the creation of the Fed and they've done everything they could to hide it. Maybe WW2 was meant to destroy all remnants of the debt.
I'm less inclined to believe the bonds are fake. I'm more interested to know whether or not the bonds still have a value and can be collected.
I think it's time the TROIKA comes to town!
Obama should confiscate them and use them to reduce the official government debt. (Don't ask me how that would work, this is just mindless speculation.) Then he can get reelected by claiming he reduced the debt by 40%. It would give him room to avoid having to renegotiate the debt ceiling in September or October.
Then the total U.S. debt would be about the same as now when he retires in 2017, as he could run $1.5 trillion deficits for four more years.
Al Haig managed to collect on some of the Japan 57 bonds. One needs to approach the collection procedure with care and needs PTB connections. Otherwise they are declared fake and one's life is not worth much. Accidents and suicides happen.
In Rickards book, he basically says that there is no threat posed by someone dumping USTs on the market all at once. So what "security threat" did these fake bonds pose exactly?
The threat would be, if they are real, that the UST issued more debt than reported. A lot more debt.
So if they were authenticated, it would severely compromise faith in US debt, and create a lot of very uncomfortable questions at home, which will never be asked by the media lapdogs, but might get mentioned on a blog or two.
I have a feeling that these bonds are real.
Why would someone go through the trouble of counterfeiting a something that is the equivalent of a piece of history, these when the chance of passing them would be nil? You would be better off spending your efforts counterfeiting 1000 EUR notes, it would be about as difficult, and they would be easier to pass, and you'd actually get something in return (as opposed to trying to cash trillions of dollars of bonds).
I'm sure the Chinese now realize that to enforce their contracts, force of law won't be enough at this point. Either that, or they will simply dump their treasury holdings and drive gold to the moon. Or both.
Unless they can be satisfied doing that, or have some other way to insure they are repaid, I suggest that everybody go long Sunburst and Dong Feng 21D missiles.
EDIT:
Just zoomed in and counted the stars and stripes on that box.
52 stars, 26 stripes. Not looking too legit. Somebody better have an explanation for this. I'm not sure the "they made these bonds with glaring errors so they could later refute provenance" holds water, either.
Still think there's going to be an issue with the Chinese redeeming their treasurys though...
Well if the bonds are confiscated and are also claimed fake.........then no one can cash in on them right? They're probably real and were given to the Mafia way back when for who knows what lol.
Just read the article beneath the pics. Interesting.
If paper were liquid we would need a bigger boat right about now.
I'm thinkin somethin sorta ark-ish.
Things that may you go what the fuck???
Fake bonds are like fake breasts -- hard to take your eyes off of, fun to play with; but ultimately, they are just over-compensating for much larger issues of inadequacy by the owner.
Hmmmmmmmm... Im intrigued. Why were they? I gots ta know
A lot more interesting pictures here too: http://www.divinecosmos.com/start-here/davids-blog/1023-financial-tyranny?start=3
SARCASM - because beating the crap out of someone is illegal. Given EU's situation these bonds may have been their ace in the hole!
Perhaps in all the excitement, somebody forgot to transfer the bonds to the crates marked "Property of Al-Qaeda"?
If they were real ,could these be gold backed?
You have stumbled upon the truth. They are, in fact, gold backed. http://kauilapele.wordpress.com/2011/11/24/benjamin-fulford-11-24-11-the-lawsuit-that-could-end-the-gangster-rule-of-western-civilization/.
http://upintelligence.multiply.com/photos/album/10?&show_interstitial=1&u=%2Fphotos%2Falbum#photo=136
1 billion face value bond from 1934, many more images of boxes and bonds at this site.
Explore that site, you'll find many more interesting things.
So imagine you're a Euro-douche with too many zooro on hand and you'd like to "diversify" into something that can (theoretically) be redeemed in a less doom-prone currency (by degrees anyway).
Who better to take advantage of with fake bearer bonds?
What'll they do...report they were defrauded while attempting to evade currency controls and taxation?!
The IBM love dumb Euro money.
"They were trying to sell them back to Benjie":)))
Maybe uncle sam should do that with all the outsatnding debt. Debt? What debt? It's all fake. We don't owe you anything.
Forensic evidence: Notice the dust on the crate and the fading of the letters? They've been around awhile.
So the stuff in the back window of my car is valuable now?
Just a posibility. For instance anyone that does storage auctions knows that units covered in dust have a much larger % of containing something old and valuable than a well organized, shiny plastic piece of shit filled with China crap.
soon the word "million" and "billion" will disapear from dictionarry.
wtf, when people hears that some1 stole a million it's like... who cares that's not money.
I never had in my hands more than 50k in cash.
This numbers are getting wierd quickly.
Santelli just jumped the shark....
Pretty sad if I do say so....
what did he say?
He had Gallagher on and was smashing fruit with a "deficit busting mallet" in zoned-off area on the floor of the CME....
Why has this country become nothing but a fucking gimmick???
Panem et circensus
You're the one watching CNBC, turn it off and stop being part of the problem.
It's muted.... I run it for the ticker....
Pappillion strikes again! Go butterfly!
Oh, I'm sure that somehow Iran is behind this terrorist act: must be time for war again.
Awwww mom, I'm not finished with my last war! Can't we wait?
Seriously, isn't this what Ben does every day?
Counterfeiting.
He bought 91% of newly issued government bonds last year.
How?Where does his money come from?
And we get stuck with 100 dollar oil, when it could be 30 dollars. 4 bucks at the pump instead of 1.70
the FED slaughters the common man for Jamie Dimon's benefit.
I think it's coming to a head. They overshot critical mass and the momentum behind it is still pushing it much farther out. Someone's gona get their teeth knocked out when it comes back in. Putting it mildly.
LMAO! I know the Swiss value privacy, but Mobsters building fake compartments in safe deposit boxes takes the cake!
Call Geraldo! It must be Al Capone's lost treasure.
Geraldo gets beaten out by a TV Chef... http://www.dailymail.co.uk/news/article-2100860/Jamie-Oliver-new-restaurant--1m-stash-jewellery-GUN-safe-deposit-boxes.html
If the plan is to euthanize the USD, this is one step closer to it. Getting rid of the USD as the WRC looks to be the end game.
The primary thought by the banker elites seems to be to get rid of the USD at the same time the EURO goes extinct, making way for a transition to a one world currency that the BRICs will buy into to prevent an Asian WRC.
I always laugh when gold haters say we can't use gold as money because counterfitters could find a way to make fake money.
anybody remember the $ 1.34Bn UST bonds smuggled by two mysterious
japanese courriers, also intercepted at the Swiss border in 2009?
http://zerohedge.blogspot.com/2009/06/about-those-bonds.html
Does this mean the U.S. can write off $6T of its debt? Would give some nice headroom to the debt ceiling debate. :D
No, US has to return gold and then they get back their bonds.
Talk to Chuck (Evans)!
i wonder who has the equipment to produce fake bonds? probably the same entity that cranks out all those counterfeit 100$ bills as well?
I'll take North Korea for 100 Alex.
Bing bing bing bing.....WE HAVE A WINNER!!!!!!!!
The Bureau of Engraving has the necessary equipment, paper, ink and personnel to produce them. They can (and do) crank out lots of excellent quality, "impossible to detect" counterfeit Ben Franklins as well.
"..what we don't get is why someone would go the extra effort to also create a "fake" compartment in which to store it."
It's not fake
Govt is the biggest criminal enterprise in every country, around the globe.
The crates are real from the real criminals in/behind Govt
The cash that "just fukng disappeared" in Iraq under US military stewardship is the same "vapourised" money that disappeared under Donald Rumsfeld and John Corzine
Govt: the biggest Gangland Crooks in history (tax is robbery don't you know that already?)
as a collector of 'antiques' I am especially drawn to the way the boxes are made.A person does not 'just' have a box of this quality 'thrown together', I did not see a typo in any of the embossed lettering that was done in the sheet metal, and the patina and style of hinges and latches are "world class" if indeed this is a fake.
I would not be surprised to see a company trademark in the metal someplace. Even doing work for the Squid, a company(or persons) would be proud of this workmanship.
Pretty clear exactly what is going on here:
Mr. China: "I'd like to redeem/sell this stack of 1.1 trillion US Securites, please?"
Uncle Slaver, making a show of closely examining the pile: "Sorry! It's pretty clear these are all fake. But I am authorized to help you save face by offering you this single gold coin for the pile."
Excuse me while I act surprised. dead head fed goon platoon wants to crash the dollar and bring us to all out war in the middle east. lil scamBO needs a good old fashioned monetary crisis to win re-election. l
Were they in mrs Romney's Swiss account ?
Hmm, fake printed money. How quaint.
Wonder if anyone can get him to swap it for a crate of FedEx delivered computer trash?
Sounds like a Vlad though...
that was to be the new reserve currency!
Someone didn't get paid off. Ooooops.
I'll trade you the Ark of the Covenant for some gen-u-wine radioactive material scraped from the dials of 10000 old watches.
Nice scam, issue bonds for lots of asian gold and then many years later claim the bonds are fake. I don't believe the Dragon Family will let this go without a violent fight.
Long Sunburst and Dong Feng 21D missiles.
Bernanke and the Federal Reserve banksters have so much fiat trash sitting around. The US dollar is becoming a joke. The federal reserve has no intentions on protecting it. So countries of the counterfiet away! China can finish in dumping all it's treasuries and afterwards join in.
What if said bonds are actually the real deal but the spin doctors don't want that info hitting the marketplace so they call "Counterfeit" - hey crazier things have happened.
As mentioned in my prior post which was laughed at, forensic evidence.
Also.......having been a sheetmetal worker for 20 years I would like to mention that the design and mfg of these crates in the pictures in this article are consistent with the 1930's. Not to mention the trouble it would have been to stamp out the letters etc. Not an impossible task but it's very hard to imitate "age".
Also I have dealt in antiques/auctions etc for the past 15 years and from my experience in dealing with old stuff just by looking at the pictures I would have to conclude that they crates are indeed authentic. Of course I am not sure if my knowledge of what's going on in the world is subconciously affecting my descision.
The rusting, design of the handles, stamping, the welding, use of castings etc are all of a time when stuff was built to last and there was actually some amount of pride involved.
Others are suspect over the font. The flag really does appear to be incorrect (you'd think that anyone in the US would actually be able to get symmetry correct with those, then, "48" stars (http://en.wikipedia.org/wiki/File:US_flag_48_stars.svg).
I'm NOT a welder, only having done some crap way back when, while in high school, but... those are SHIT welds! Again, look at anything back in those days that represented HIGH value and I'm not thinking that it was going to be fabricated by folks less capable than high school shop students!
#1: I can't see the flag that well.
#2: Regarding the shit welds: from what I understand it's a wood box with a copper exterior meaning it wasn't welded it was brazed which isn't nearly as pretty as a modern day MIG (metal inert gas) welder.
High school students don't have near these abilities.
Goldylocks who posts here brought the Dragon family story to ZH forum. Its now balooning out. I remember listening to an interview with an American reporter from Forbes in Japan on some radio station in US who said it was all true, this dragon family lark.
Is the fake world now being outfaked by the banksta baked world? What a lark that would be!
Although "maneco" posted the link he only refered to "more pictures" - that's not really the point if you follow the link.
The link is a blog by David Wilcock about a lawsuite filed recently. I believe the most recent article (both posted on zerohedge) are disinformation attempts (not by zerohedge but the MSM). I would suggest you follow the link and take the time to read through the blog that provides the history and evidence for the lawsuite. The controllers of the system are in panic mode.
http://www.divinecosmos.com/start-here/davids-blog/1023-financial-tyranny
"The controllers of the system are in panic mode."
You think?
They can no longer hide the lie that we can perpetually grow on a finite planet. PANIC was always going to occur; it's the result of being found out a fraud, which is what all those who don't do actual work and command others to do real work do.
The jig is up for the Dream Spinners.
Storm in a teacup.
i don't see why they fake such a ugly and complicated box.
Who's starring the movie about this? Clive Owen? Gerard Butler? Ryan Gosling?
50 Cent
It makes no difference if they are real or fake. The real issue here is to see how the government dealt with them - namely, they just picked them up, declared them counterfeit, and presto, they are gone. Who is to say that they won't handle future claims the same way. No need to default on the debt, just declare it counterfeit, seize it, and walk away. Who will ever know the difference?
Hey, you know those hot checks floating around out there drawn on my account? Well, guess what, they are forgeries and counterfeits, so leave me alone. What, you have security video clearly showing me executing the documents - no, you've just got video of my evil twin, so go away.
"just declare it counterfeit, seize it, and walk away. Who will ever know the difference?"
Reminded me of this scene from Midnight Run:
http://www.youtube.com/watch?v=HxQrE0BpixI
I think it's time to bring "Ripley's believe it or not", out of retirement.
I am laughing and crying while I read the article.
ZH induces bipolar symptoms in otherwise stable people.
Yes, rage and sadness is the sour-bitter of emotions.
http://www.sensorysociety.org/ssp/wiki/Sour-Bitter_Confusion/
sexy woman's feet on those photos
Hey! Those are mine. I got an email from Nigeria that says so.
Maybe the point is that the Treaty of Versailles specified gold as the unit of measure.
From the text of the treaty regarding reparations:
Payments required to be made in gold or its equivalent on account of the proved claims of the Allied and Associated Powers may at any time be accepted by the Commission in the form of chattels, properties, commodities, businesses, rights, concessions within or without German territory, ships, bonds, shares or securities of any kind, or currencies of Germany or other States, the value of such substitutes for good being fixed at a fair and just amount by the Commission itself.
Thw guy who put the patina on these should have used a cloth and a sponge. You can see the brush strokes, idjit.
LOL this is from six years ago.
http://answers.yahoo.com/question/index?qid=20060915234111AAdOzlL
Q: I have purchased a sealed box of Bank of Chicago series of 1934 issue of Treaty of Versailles? What is it???dude, this is awesome HIlarious! there's a bunch of them
This tells the story...Duh!
Somehow I am not surprised....... :/
There is alot more to this story.
The Federal Reserve was ordered to pay back the Dragon Family on Sept 12, 2001 coincidence?
Read the attached pdf of the court case filed
Warning : Viewer caution is advised this will change your perception of the reality
http://www.inspiracytruth.com/dragon%20family.htm
I read that, amazing, and the gold (to be paid back) was 'stored' in the basement of Bldg 7.
Snark attack ~ massive snark attack:
Century of Progress Exposition
Here in the making, through years of financial crisis, was several million dollar public enterprise going forward steadily along lines not experienced in the history of our national expositions. A Century of Progress was completed without one cent of taxation being imposed upon an already heavily burdened citizenry. Other world expositions have greatly depended upon subsidies.
Early needs were met from the fees of founder and sustaining members of the corporation. The citizens of Chicago formed the World's Fair Legion. More than a hundred thousand paid the $5.00 membership fee. The basis of financing was an issue of gold notes of ten million dollars. No contract was let unless there were means with which to pay for it.
http://www.cityclicker.net/chicfair/
Do your own analysis of the symbolism within this poster for the expo
"Depleting the resources of the soundest government in the world [through profligate spending]" ~ Political Cartoon, Chicago, 1934
$12,750 ~ 1934 $1000 bill
March for Cash relief, Chicago, 1934 - "the banks were heavily guarded"
John Herbert Dillinger ~ $10,000 Wanted: Dead or Alive. The infamous bank robber was shot & killed in Chicago on July 22nd, 1934.
1934 was a doozy alright... oh, and since it's Friday, some old Chicago classy titillation for the males in the room, from the expo.
This story is giving me deja vu. Fake? You decide....
http://www.divinecosmos.com/start-here/davids-blog/995-lawsuit-end-tyranny
So to sum this all up it appears that these were the bonds the US gave to China in trade for all the gold China sent to the US to protect it from the Japenese and all the gold disappeared on 9-11 that was supposedly under Bldg#7 in which the Feds lost a court case in that they were supposed to give the gold back. Where it's at now is anyone's guess? Exactly how these crates ended up where they did im not sure.
That's how I read all this. So what are the implications? If that's all true then basically all this could do is add more evidence surrounding 9-11, there won't be any financial ramifications resulting from this. Not to worry though we have enough problems as it is to result in our collapse 10,000x.
At an average income of say $50,000 / year that box represents the labour of 1.7 million lifetimes. The same amount of paper can be purchased at staples for about $50.00. Seems funny that a box of IOUs could represent so much real labour.
I wonder if the stars, that are on the flag, were arranged like that in 1934. In 1949, when I started school, the grid was 6 x 8. Even and rectangular.
BINGO!
It appears to be a modern 50-star flag, with the 9th (bottom) row of 6 stars cut off ... leaving only 44 stars in 8 rows (6-5-6-5-6-5-6-5).
Ain't no such flag ... phony as a FRN silver certificate!
Zoomed in and counted
52 Stars
26 Stripes
Better be a good explanation for this.
Yup, caught that one too! (was scanning if anyone noted this before I was going to post)
I think that this is all intentional and that it's to make it look like someone other than US-sponsored agents were involved.
Here's a reference:
http://en.wikipedia.org/wiki/File:US_flag_48_stars.svg
Priceless:
"TELL ME IF I AM WRONG BUT TOV BOXES.. are dated 1934.
THE F*CKING TREATY OF VERSAILLES WAS IN 1919.
ANY MORE OF THIS SH*TE and I will go over there and beat the living hell out of the lot of you..."
Posted in the Banking Forum
http://www.topix.com/forum/business/banking/TV5M0A7LLNL70SCMO
Not fake. No way.
like karl denninger said . in 1934 there was no susch thing as a trillon and 30 yrs is the longest maturity date.
one thing is for certain, nothing will happen and it will go nowhere.
A couple of guys got busted carrying about a half trillion into Italy just before the EU stuck their globalist in as dictator. In the old days the FED used to buy countries off with their worthless bonds. I guess they still do. They traded them for Gold too. They were crooks back then. I guess they still are.
They may be fake but they are the perfect collateral. Just think of the major bucks to be made selling hedges on this stuff. Not much different than some of the MBS sold.
Becuase the "fake bonds" are not fake at all. They were stolen from WTC building 4 basement vault on 9'11.
Well, you counterfeit what you *can*.
Give them some slack, at least they appear to have done a decent job. If they tried to counterfeit gold (bitchez), well, that shit ain't easy...
I habe seen these documents and boxes six or seven years ago. They were for sale.
I tried to trace them and sent a scan of one to USTreas., which reported they were printed during WWII for some sort of cladestine scam that went wrong.
cheee ca go, bond bond!!
This story is better. A Canadian demanding payment for German reparation bonds issued during the previous period .
http://www.canadianbusiness.com/article/14614--battle-of-the-bonds-germa...
Although it is true that the US loaned the Germans the cash to pay the reparations to the crazy French and Brits, not clear why there would be any such activity in 1934. Germany was in default in 1934 cuz that Hilter fellow wasn't paying.
Great stories from the 1920s and 1930s...of JP Morgan arranging the circular loans to Germany, gold being shipped TO Germany, etc. etc....even a later 'debt-for-Jews' proposal that traded off emigration of Jews against retiring outstanding bonds. The US bondholder negotiator during the Nazi era? John Foster Dulles.
For some reason those $100 bills feel more like paper today.
so... 6 trillion in debt just forgiven...???
Even if the bonds were real, would they have any value since they were 30yr bonds issued in 1934?
Could people in 1934 even conceive of a trillion? This makes me think of the scene from Austin Powers where Dr. Evil from the 1960s demands one million dollars and the world leaders of the 1990s burst out laughing at him.
CONspiracy, bitchez!
Burn it.
Someone needs to stay warm over there.
Trillions of fake, worthless bonds are auctioned off by the government every year. What's new? The only question is who printed up the worthless paper, "authorized" or "unauthorized" persons?
Btw, why are there so many clicks on minus ratings on the comments for this article?
Surprise, surprise, surprise....says Gomer Pyle:
http://www.youtube.com/watch?v=J6_1Pw1xm9U
This is kinda creepy with all the info in the external links that others have provided above that I've been reading for the past hour.
Hamy Wagner= Standard issue American Pussy!
The fact of the matter Hamy is your are a pussy. You probably like Newt Gingrich. Your wife makes all the major decisions around the house. You watch a ton of TV, even laughing at most sitcoms. You thought Madonna was great during the Super Bowl. Should I go on? Grow a set of nuts and learn to call your Guv out when they are out of control and it is effecting your life as much as it is. And STFU on threads like this where you taunt rightly thinking skeptic
Look at the flag on the box. In 1938, the U.S. had 48 states, and the flag had 48 stars. In 1938 the stars were set up in six rows of eight stars, all in even colums, top to bottom, left to right. The pics here clearely shows the incorrect number of stars for 1938, and that they are staggered, as the current U.S. flag is. FAKE, PROVEN POSITIVE.
According to the "story", these bonds were not intended to be repaid, and discrepancies were introduced so that people trying to cash them in could be arrested and accused of forgery.
U.S. Flag in 1938
http://www.hampton.lib.nh.us/hampton/history/1938/flag7.jpg
U.S. Flag current
http://cliparts101.com/files/668/FF8D678ABEBA0E8D2A8F09949F925762/lrg_US_Flag.png
"In 1938 when the Chinese Ambassador Wellington Koo called on U. S. Secretary of the Treasury Henry Morgenthau to seek financial aid, the U. S. Secretary told him it might be advisable for the Chinese Government to send K. P. Chen (whom Morgenthau had negotiated with in the past) to America to enquire after credit for the purchase of flour and grain goods."
China was in poor financial condition in 1938 and needed assitance from abroad. They certainly did not have substantial gold reserves, much less several trillion dollars worth. If they in fact had large gold reserves, they could have sold it off in small tranches to pay their bills. The fact that they were close to insolvency in 1938 indicates that they did not possess large gold reserves.
Thirty years ago, I was working with a group arranging a loan for Taiwan from private Saudi sources. A banker told me that "$3 billion would sink the country". That's B, not T.
Thanks Tyler, great post!