Treasury Dept: $134 Billion In Bonds Are Fakes!

Mad Scientist

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Sep 15, 2008
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Moneynews - Suitcase Bonds are Clear Fakes, says Treasury
A Treasury spokesman says the $134 billion in bearer bonds seized by Italian authorities at the Swiss border are "clearly fakes."
"Based on the photos we've seen on the Web, they're not even close to looking like a Treasury security," Stephen Meyerhardt, a spokesman for Treasury's Bureau of Public Debt, said Thursday.
The U.S. issues its securities these days via an electronic format. It ceased printing paper bonds in the 1980s.
Countdown to Terral claiming this is a Treasury Dept. coverup...5...4...3...
 
Hi Mad:

Moneynews - Suitcase Bonds are Clear Fakes, says Treasury
A Treasury spokesman says the $134 billion in bearer bonds seized by Italian authorities at the Swiss border are "clearly fakes."
"Based on the photos we've seen on the Web, they're not even close to looking like a Treasury security," Stephen Meyerhardt, a spokesman for Treasury's Bureau of Public Debt, said Thursday.
The U.S. issues its securities these days via an electronic format. It ceased printing paper bonds in the 1980s.
Countdown to Terral claiming this is a Treasury Dept. coverup...5...4...3...

No way. There is something fishy about this story, but we still do not have enough information to draw informed conclusions. Fakes are forgeries. Right? And yet, these men were released and no charges have apparently been filed. We might expect the Justice Department to validate the claims of the Italian authorities and not the Treasury Department and these 'paper bonds' could have been issued before the 1980's. There appears to be more to this story than currently meets the eye, but we should expect the out-of-control Obama Administration/Treasury Department to talk up the U.S. Dollar and sweep any bad news about the upcoming Dollar Crash (my Topic) under the rug . . .

The USA and the Dollar are about to be CRUSHED (Foreigners Dumping Dollars) and the Treasury Department does not want to let the cat out of the bag . . .

GL,

Terral
 
Last edited:
Hi Mad:

Moneynews - Suitcase Bonds are Clear Fakes, says Treasury
A Treasury spokesman says the $134 billion in bearer bonds seized by Italian authorities at the Swiss border are "clearly fakes."
"Based on the photos we've seen on the Web, they're not even close to looking like a Treasury security," Stephen Meyerhardt, a spokesman for Treasury's Bureau of Public Debt, said Thursday.
The U.S. issues its securities these days via an electronic format. It ceased printing paper bonds in the 1980s.
Countdown to Terral claiming this is a Treasury Dept. coverup...5...4...3...

No way. There is something fishy about this story, but we still do not have enough information to draw informed conclusions. Fakes are forgeries. Right? And yet, these men were released and no charges have apparently been filed. We might expect the Justice Department to validate the claims of the Italian authorities and not the Treasury Department and these 'paper bonds' could have been issued before the 1980's. There appears to be more to this story than currently meets the eye, but we should expect the out-of-control Obama Administration/Treasury Department to talk up the U.S. Dollar and sweep any bad news about the upcoming Dollar Crash (my Topic) under the rug . . .

The USA and the Dollar are about to be CRUSHED and the Treasury Department does not want to let the cat out of the bag . . .

GL,

Terral

Now the treasury prints coins and not money. The Federal Reserve prints money.

Does this $9 trillion dollars loaned out in 8 months have anything to do with the crushed dollar? Seems if they are printing and giving out money, the dollar is going to get really weak.

One Penny Sheet » Federal Reserve Cannot Account for $9 Trillion video

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Federal Reserve Cannot Account for $9 Trillion video

The fed cannot account for the whereabouts of $9 trillion worth of off-balance sheet transactions over the course of the past eight months. Nor can it explain the $1 trillion expansion of the Fed’s balance sheet since last September.
 

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