Nakatomi Towers

Check out this interesting story from Larry Levin (and he's right...I haven't heard this reported anywhere.) It's not exactly like our government tells us everything that they're doing! But if this crazy story is true, you gotta wonder WHAT IS GOING ON:

Intrigue. Espionage. Police. International thieves? Bearer Bonds! Now, if someone had said "Come out to the coast, we'll get together, have a few laughs" I would have thought the following happened at Nakatomi Towers in the movie Die Hard, but it happened in real life - and in Italy.

In the movie Die Hard, a group of international terrorists/thieves crash a Christmas party in one of the towers at Nakatomi Plaza. Their goal is to steal a large amount of money locked in a vault. The money, however, is not in the form of greenbacks but bearer bonds. A bearer bond is a debt security issued by a corporation, or by a government. It differs from the more common types of investment securities in that it is usually unregistered - no records are kept of the owner, or the transactions involving ownership. Whoever physically holds the paper on which the bond is issued owns the instrument, thus the name BEARER bond. This is useful for investors who wish to retain anonymity. The downside is that in the event of loss or theft, bearer bonds are extremely difficult to recover because whoever holds them - owns them.

In the movie, the bad guys were clearly delineated and were after a $640-million booty. In the recent real life event, we don't yet know all of the characters (and probably never will); the bad guys are not clearly delineated and were in possession of a staggering $134.5-BILLION of bearer bonds.

According to Asia News, 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..."

This sure sounds like a huge financial story to me. Why hasn't the mainstream press in the US reported on it? It's either the largest counterfeiting scam in history, which is a big story; or it is real, which makes it even more important. Is the US government killing the story?

Soon after the European police and press investigated the bust, German newspapers began reporting that the $134.5-billion bearer bonds are, in fact, real.

The problem for the US is that US bearer bonds have not been issues by the Treasury sine 1982. Umm, what? Then where the hell did these securities come from? Are they being issued by the Treasury without the knowledge of Congress? Golly gee, Treasury wouldn't act on its own accord - would it? Well, come to think of it, Treasury has been acting as if it can do whatever it wants: forcing shotgun corporate marriages, demanding & receiving TARP, breaking the Constitution daily - why wouldn't Treasury issue bearer bonds without public knowledge?

But why would it do such a thing? It's not as if the US is in a financial bind is it? Oh wait, yes it is. Therefore, the nefarious motivations of Treasury are endless.

There was a "shadow banking" system run by Wall Street for years - why not a "shadow public debt" system? Is the Treasury spending additional sums of money beyond what the lemmings are being told by the White House and Congress? Is it CIA cash?

Or was it something else? What may just be a coincidence, yet odd nonetheless, is the EXACT amount of money seized: $134.5-billion. How much money is left in the TARP slush fund? It was recently reported in the Wall Street Journal as, umm, $134.5-billion. http://online.wsj.com/article/SB123828522318566241.html

WASHINGTON - "The Treasury Department said it has about $134.5 billion left in its financial-rescue fund, giving the Obama administration a cushion as it implements expensive programs aimed at unlocking credit markets and boosting ailing industries."

And this money was headed for Switzerland. What's in Switzerland besides good chocolate and great watches? Banking! I am not a believer in conspiracy theories but this could surely fuel the PPT crowd. Was the money going to a Swiss bank account run by the US government to buy securities to drive the Dow to 10,000? Or was this money needed to cover purchases already used to engineer the current rally? If so, what happens now that the money has been confiscated?

I think the only one who can get to the bottom of this mess is John McClain and I want to hear him say "Yippee-ki-yay, m**f**ker" one last time.