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Old 06-12-2009, 02:32 AM   #1
peaceandlove
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Post Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

2 Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Thursday 11th June, 06:18 AM JST
Japan Today

ROME —
Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.

According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.

SOURCE and COMMENTS: http://www.campaignforliberty.com/wire.php?view=5815
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Old 06-12-2009, 09:25 AM   #2
peaceandlove
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Hmmmm....

Karl Denninger blog
June 11th, 2009

Smuggling Or Counterfeit-Printing?

Quote:
Ok, this was rumored several days ago, but now I can find actual news reports - at least, outside the US: http://www.asianews.it/index.php?l=en&art=15456&size=A
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.
Those sound like Bearer Bonds - at least the Kennedy ones do.

We no longer issue those (nor does pretty much anyone else) for obvious reasons - they're essentially money and can be had in VERY large size, making them great vehicles for various illegal enterprises.

But folks: This is $134.5 billion dollars worth.

If they're real, what government (the only entity that would have such a cache) is trying to unload them?

If they're fake, this is arguably the biggest counterfeiting operation ever, by a factor of many times. I've seen news about various counterfeiting operations over the years that have made me chuckle, but this one, if that's what it is, is absolutely jaw-dropping.

The cute part of this is that if the certificates are real Italy just got a hell of a bonanza - their money laundering laws provide for a statutory 40% penalty for failure to declare instruments and cash in excess of $10,000 Euros, which means they'd garner a close-to-$40 billion dollar windfall.

That ought to help their budget problems!

Notice, by the way, that the US Media has totally ignored this story - even though the securities in question are allegedly US instruments.

Gee, I wonder why? Might the authorities know they're real and be just a wee bit nervous that disclosure of a sovereign attempting to covertly dump nearly $140 billion in debt could cause a wee bit of panic, given that we're running nearly $200 billion a month in deficits?

Inquiring minds want to know what's really going on here.
SOURCE: http://market-ticker.denninger.net/a...-Printing.html
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Old 06-12-2009, 02:39 PM   #3
Steve_A
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Hi peaceandlove,

Kudos to Campaign for Liberty for capturing this story.

I also got a copy from the Guardia di Finanza website:

http://www.gdf.it/gdf__informa/notiz...518911049.html

It will be interesting to see how this plays out as someone, somewhere will get burned!

Best regards,

Steve




Quote:
Originally Posted by peaceandlove View Post
2 Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Thursday 11th June, 06:18 AM JST
Japan Today

ROME —
Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.

According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.

SOURCE and COMMENTS: http://www.campaignforliberty.com/wire.php?view=5815

Last edited by Steve_A; 06-13-2009 at 08:47 AM.
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Old 06-12-2009, 03:14 PM   #4
Seashore
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

This Campaign for Liberty post should link to the original Japan Today article...

Also, the comments are Japan Today's readers' comments, or are they?
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Old 06-12-2009, 04:18 PM   #5
Steve_A
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Hi seashore,

The link to the original article is:

http://www.japantoday.com/category/c...ained-in-italy

On the Japan Today website there are 57 comments about the article.

Best regards,

Steve



Quote:
Originally Posted by seashore View Post
This Campaign for Liberty post should link to the original Japan Today article...

Also, the comments are Japan Today's readers' comments, or are they?
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Old 06-12-2009, 04:50 PM   #6
Seashore
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Quote:
Originally Posted by Steve_A View Post
Hi seashore,

The link to the original article is:

http://www.japantoday.com/category/c...ained-in-italy

On the Japan Today website there are 57 comments about the article.

Best regards,

Steve
But whose comments are on the Campaign for Liberty site?

And the point I'm trying to make is about the Campaign for Liberty site...
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Old 06-12-2009, 05:24 PM   #7
peaceandlove
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Quote:
Originally Posted by seashore View Post
This Campaign for Liberty post should link to the original Japan Today article...

Also, the comments are Japan Today's readers' comments, or are they?
Blessings Seashore and Steve,

To clarify, the Japan Today article is posted inside a scrolling window at the Campaign for Liberty website which includes comments regarding the article at the Japan News and Discussion site.

Immediately under the scrolling window you will see a statement in red: View article at its original site You may click on that to go direct to the article at its original source.

If you scroll down the Campaign for Liberty Page (get out of the news window) there are comments posted by Campaign for Liberty members.

So there are comments in both sections.

All the articles I post from Campaign for Liberty have an area for any Campaign For Liberty member to comment.

THAT'S LIBERTY FOR YOU...JUST LIKE PROJECT AVALON...ANYONE CAN COMMENT, WHETHER THEY UNDERSTAND THE ISSUE OR NOT.

Peace to you,

PaL

Last edited by peaceandlove; 06-12-2009 at 06:27 PM.
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Old 06-13-2009, 11:25 AM   #8
WiNaDeYo
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Translated from
Ticinonline, Friday, 12 June 2009

http://www.tio.ch/aa_pagine_comuni/a...ito=1&idtipo=3

Maxi Seizure of US Bonds: The Mystery Thickens

The mystery tied to the seizure of American Bonds seized at Chiasso last Monday thickens. The international press, in these last hours, has connected the announcement of the 134,5 billion dollars to two distinct facts that involve the US and Japan.

USA:
As reported in AsiaNews.it the 30th of March, some American newspapers had given out the notice that the American Treasury had 134,5 billion dollars available from a special fund for "problem" financial titles. An unexpected sum that permitted the Obama government to not ask for new funding from the American Congress.

Japan: In these last hours, there is news of the resignation of the Japanese Minister of Internal Affairs Kunio Hatoyama. Initially tied to indiscretions with the vertex of policy disagreement of the Japanese Postal Service, the resignation of the minister has been put in relation to the maxi-seizure at Chiasso. It is no coincidence that the two men found with the bonds have Japanese passports.

Hypothesis: First of all, it needs to be verified that the bonds are real. Once this is confirmed, it must be asked why these bonds were in Italy and why the two curriers were trying to take them, although clumsily, into Switzerland. If they are US Treasury bonds, why were they issued without documentation for their use. And also, who do the titles really belong to? All questions which will probably be answered in the next few days. Only in this way will this matter be completely exposed.

I also found this tidbit, translated from:
http://www.stampalibera.com/?p=3749

96 Billion (euro): Interview with Col. Mecarelli (GdF)

-Have there ever been previous seizures of this magnitude?

-I can tell you that this is not the first time that we seize huge amounts of US Bonds. That involved, obviously, different sums nonetheless quite consistent; the main seizure being of 100 million in Bonds eventually found to be counterfit.



The original article from Il Giornale: http://www.ilgiornale.it/a.pic1?ID=356715&PRINT=S

Last edited by WiNaDeYo; 06-13-2009 at 11:58 AM.
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Old 06-14-2009, 05:20 AM   #9
peaceandlove
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Max Keiser's "On the Edge" [1039] The Truth about . . . $134.5 Billion in Bonds

June 13, 2009

MP3: http://ia301536.us.archive.org/2/ite.../tam130609.mp3

SOURCE and some vids on main page now: http://maxkeiser.com/



134 miliardi di dollari in Bond Usa nel doppiofondo della valigia. Titoli sequestrati al con la Svizzera
Article: http://www.adnkronos.com/IGN/News/Cr...3.0.3396869573



MAX KEISER PAGE LINKED AT CATHERINE AUSTIN FITTS' BLOG IN THIS ARTICLE:

The Missing Money

Catherine and News & Commentary, June 13, 2009 at 10:06 pm

Wayne Gretsky once said, when asked the secret of his success at ice hockey, “I skate to where the puck will be.”

It is for the same reason I keep bringing up the issue of money missing from the US federal government and the possibility that collateral fraud and counterfeiting of US government and agency securities were instrumental in facilitating the transfers.

If we simply accept as a given books and records that are not reliable when there is significant evidence that vast sums have been stolen or transferred illegally, we will find ourselves being controlled and bought with the very money stolen from us.

We will endure the ultimate leveraged buyout in the history of our civilization.

This one financial issue will be an important determining factor as to whether our children and grandchildren will live as free men and women or not.

But it is too late, say some, as the money is gone. Actually, it is not too late to recapture funds. If liabilities were illegally or fraudulently originated, we may not be liable for them. In addition, if we are still interacting with liable parties with assets, we can create rights of set-aside for those responsible.

I am inspired by the story last week of the Italian seizure of billions in US bonds from two Japanese crossing the boarder into Switzerland . Max Keiser Comments (Actually the link did not work but I think the Keiser MP3 I found is the one she was referring to, I'll check later to see if that link is updated.)

Do you think it is impossible for billions, if not trillions, of counterfeit or unrecorded sovereign and agency bonds to be issued and floating around the world?

Think again…

Discrepancies 'Discrepancies in America's accounts hide a black hole' http://www.ft.com/cms/s/0/f0eff690-f...nclick_check=1

The Missing Money Articles and video links: http://solari.com/archive/missing_money/

SOURCE: http://solari.com/blog/?p=3208

Last edited by peaceandlove; 06-16-2009 at 03:06 AM.
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Old 06-16-2009, 09:49 AM   #10
Steve_A
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Hi WiNaDeYo,

Excellent post. It just goes to show that local information could - and should - be global information if the local people look and help.

It's interesting that the mainstram press, albeit local, is starting totry and join the dots, is starting to think, to put forward hypotheses. The press would not normally do this if there were no smoke signals.

One piece of information I would like to add was the reaction to the production team of the Glenn Beck television program on Fox News. He explained that the Fed, when asked about the bonds seized on the Swiss / Italian border are "part of an ongoing investigation" and that they couldn't comment on the subject. Just the no comment speaks volumes.

I think that if the bonds were forgeries, the Fed would have said so immediately, if nothing more than to calm the already rocky nerves of the world financial market.

Let's hope that this story doesnt squirm its' way back in to the woodwork. It needs to be kept alive.

Best regards,

Steve


Quote:
Originally Posted by WiNaDeYo View Post
Translated from
Ticinonline, Friday, 12 June 2009

http://www.tio.ch/aa_pagine_comuni/a...ito=1&idtipo=3

Maxi Seizure of US Bonds: The Mystery Thickens

The mystery tied to the seizure of American Bonds seized at Chiasso last Monday thickens. The international press, in these last hours, has connected the announcement of the 134,5 billion dollars to two distinct facts that involve the US and Japan.

Last edited by Steve_A; 06-16-2009 at 10:12 AM.
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Old 06-16-2009, 11:22 AM   #11
WiNaDeYo
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Here's somthing new translated from "La Provincia", Como's local newspaper:

http://www.laprovinciadicomo.it/stor...ati_a_chiasso/

June 14, 2009

"Air of International Plot for the Bonds Seized at Chiasso"

A plan of the North Korean Intelligence Service to destabalize the western financial market. Bonds issued from the USA central bank to cover "problem" financial titles, those- to make it clear- which have caused the collapse of the world's markets, and ended up who knows how in the hands of two anonymous 50 yo Japanese. Or better, monetary titles, property of a foreign state "wrongly" transported not in a diplomatic breifcase.

The story of the 134 billion dollars in US Bonds seized by the GdF and the border police at the international station of Chiasso are taking on the flare of a real international plot on the internet. Even though related with delays, the means of international information (from Japan to the USA, where it seems that the theme is even moving the New York Times) are becoming more and more interested in the bonds that the two men with Japanese pasports were transporting in their luggage, while attempting to cross the border by train into Ticino (Switzerland).

The theories on the real provenience of those Federal Reserve bonds abound. Asianews, for example, put into relation the recent resigning of the Japanese Minister of Internal Affairs Kunio Hatoyama with the seizure at Chiasso, and hypothize that those bonds are the funds (134.5 Trillion dollars)- that the US Minister of the Treasury had recently mentioned- tied to the Troubled Asset Relief Program, or rather, the special funds of the American government for the aid of the "problem" titles which caused the collapse of the financial markets.

There is also, in certain specialized American economic sites who hypothize a possible involvement of the North Korean Intelligence Service, sustaining that the two persons stopped were possibly not Japanese.

Up to here the drum signals of the media run on the web. The chronicals say, at least for now, that it is a less exotic story.

First of all, the facts: the SEC (the US Securities and Exchange Commission) has recieved the responsability of establishing if the bonds are false or authentic. And we're still waiting for an answer. It appears almost certain, though, as for the 10 Kennedy Bonds of one milion each are probably false (a confirmation has come from the States; but the FED has issued one million dollar Kennedy bonds in the past). As far as the other 249 500 million dollar bonds, the print is definately better being that they are printed on filagreed paper. But the investigators are doubtful of their authentacy.

At this point it is valid to ask: cui prodest? It is to be underlined that the market of false bonds, especially if they are discreet or well made, is in the hands of organized crime. The two Japanese (if they are truely Japanese, being that the Japanese Embassy must provide confirmation of their identity and of their documents) could be victims or active protaganists of an enormous scam. It is possible that after having acquired or recieved the "false" bonds from the FED, they were heading to Switzerland to, maybe, use them as a garantee for some important international deal.

As for Como's Toll station, the passage of false bonds is nothing new considering six similar seizures in the past two years even if the sums were quite smaller.
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Old 06-21-2009, 10:01 PM   #12
peaceandlove
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

The Bond Saga: It Gets More Odd

Sunday, June 21. 2009
Karl Denninger

Well, just when you thought that the Bearer Bond story was finished, it gets twisted yet again.

Remember, this was the claim:
“They’re clearly fakes,” said Stephen Meyerhardt, a spokesman for the U.S. Bureau of the Public Debt in Washington.
Uh, Bloomberg..... how about an accurate quote?
"Based on the photograph we've seen online, they are clearly fake. And not even good fakes," said Stephen Meyerhardt, a spokesman for the Treasury's Bureau of the Public Debt.
Online? You mean that the Treasury Department hasn't been sent a high-resolution digital photo of what was seized? A week after the fact?

I don't believe you Stephen.
In the last two years, Italian authorities have seized some $800 million of U.S. bonds in the Como area in northern Italy.
Those would be real bonds, I assume? But I thought Stephen said....
He added that there is only $105 million in Treasury bearer bond securities outstanding, so the $134 billion amount seized far exceeds the universe of outstanding securites.
Wait a second...... $800 million in real bonds have been seized, but there are only $105 million outstanding? There may be some confusion here as to whether all these bonds are "bearer" instruments or not, but even if not, a registered paper bond is worthless if stolen, as its purchaser is known and before anyone is going to redeem it for you they're going to verify not only its authenticity but that you're the rightful owner.
Another U.S. official said the seized bonds were purported to be issued during the Kennedy administration in the early 1960s, but the certificates showed a picture of a space shuttle on it -- a spacecraft that first flew in 1981. Some of the bonds were purportedly issued in a $500 billion denomination that never existed.
If there's a picture of a shuttle on the bond with an issue during the Kennedy Administration, its definitely fake of course. But... where are the actual pictures of these seized bonds?

And are they still seized? That's an even better question; there appear to be (at least) two different stories there too:

Continues and links: http://market-ticker.denninger.net/a...-More-Odd.html
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Old 06-21-2009, 10:03 PM   #13
Orion11
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

lol, do us all a favor, let em keep it!!
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Old 06-23-2009, 04:57 AM   #14
peaceandlove
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

WOW, Ben Blogs everywhere!

06/23/2009

The Japanese arrested with bonds in Italy claim to be fighting the Feds

According to the Italian secret service, the Japanese arrested in Italy last week with 134.5 billion $ worth of US government bonds claim they were part of a joint operation between Japanese military intelligence and Chinese military intelligence against the Federal Reserve Board. The Chinese will be sending a delegation to Italy soon to try to sort this matter out. Meanwhile we have contradictory intelligence stating that the arrested men are with a Chinese faction that wants to restore Ming dynastic rule and works with a Fed linked CIA outfit known as Mayflower. We are still trying to figure out what is really going on. The Bonds they carried are a combination of 1934 Roosevelt Bonds and silver backed certificates issued by President Kennedy. To confirm if the boxes are genuine or not, it is necessary to examine the box that contains them, according to an MI6 source. The other thing people who are unfamiliar with the secret world of finance is that they always talk in numbers with at least 3 more digits than what is discussed in the open world of finance. Our source says there are thousands of boxes of that sort worth a total of “quintillions of dollars.” The Americans manufactured these boxes in the Philippines and when they left, they left the original printing blocks and paper so the Philippinos have used them to create countless high-quality forgeries.

SOURCE: http://www.benjaminfulford.typepad.com/benjaminfulford/
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Old 07-16-2009, 11:16 PM   #15
peaceandlove
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

The Swiss-Italian Connection

Catherine and News & Commentary, July 13, 2009 at 5:07 pm

Photo: Swiss Guards serve as the Pope’s bodyguards.

On June 3, the Italians seize $134.5 billion in US Treasuries (maybe fake, maybe not) from two Japanese on the Swiss-Italian border. Under the law, the Italians may have the right to claim a healthy % of them.

On June 29th the Pope publishes a new encyclical, immediately prior to the G-8 meeting in Italy and President Obama’s visit to the Vatican, and calls for a new world order government by an international entity with teeth to enforce against US financial institutions.

Then, on July 8th, the Swiss government suddenly tells the IRS to p*** off with respect to the UBS case.

Just a coincidence?

SOURCE, RESPONSES and LINKS: http://solari.com/blog/?p=3492



THIS ALSO POSTED AT PC Post #50: http://www.projectavalon.net/forum/s...t=12410&page=2

The latest from BEN

07/10/2009

The Japanese arrested with $134.5 billion had papers signed by Bernanke, Greenspan

The two “Japanese” (one is Philippino and the other Chinese) arrested in Italy recently with $134.5 billion worth of US Treasury certificates were also carried a series of documents signed by the likes of Alan Greenspan and Ben Bernanke. They themselves are innocent and were released immediately because they were carrying genuine diplomatic passports. The Pictures of the documents they carried are attached and we would like to hear some expert opinion on their contents.

According to the official story put out to the corporate media, the Treasuries were forgeries (no doubt they will say the same about the documents pictured here) but if that is the case, why were the people carrying the “forgeries” immediately released?

The truth is the Treasury certificates they carried were legitimate and are now in the safe hands of the managers of the new financial system. The money will be used to finance part of a Marshall plan aimed at ending war, poverty and environmental destruction. It will also be used to develop previously forbidden technology. We may see some visible changes as early as next week now that Bernanke’s latest check has bounced but, as mentioned before, things could drag on to the September 30th secret fiscal year end a possibly a bit beyond that date. The information above comes from very highly placed sources.
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Old 07-17-2009, 12:49 PM   #16
Steve_A
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Default Re: Japanese Carrying $134 Billion Worth of U.S. Bonds Detained in Italy

Hi Peaceandlove,

I think people are taking their eyes off the ball here. We really need to ask, "Who is Mr. Wilfredo Saurin and Mr. Matthias Supersberger?" They are the names cited in the cover document shown in the image in the other post.

If we know who these people are and their connections, we can start to unravel the mystery of the 'Japanese' people who were stopped at the Swiss / Italian border.

Best regards,

Steve

UPDATE: Just found our friend Wilfredo Saurin: http://thediligizeriiboard.yuku.com/...ewtopic/id/480

The story is beginning to unravel...

Matthias Supersberger was a business man in Austria before his company folded SUEDHAUS PLANUNG BAU UNVERTRIEB GMBH-AUT 26838704.

If someone from Switzerland could be so kind as to translate this webpage I would be most grateful:

http://www.moneyhouse.ch/p/h/Supersb...+(A)/index.htm

Also check this link out for some interesting ideas: http://www.fourwinds10.com/siterun_d...p?q=1247333163





Quote:
Originally Posted by peaceandlove View Post
The Swiss-Italian Connection

Catherine and News & Commentary, July 13, 2009 at 5:07 pm

Photo: Swiss Guards serve as the Pope’s bodyguards.

On June 3, the Italians seize $134.5 billion in US Treasuries (maybe fake, maybe not) from two Japanese on the Swiss-Italian border. Under the law, the Italians may have the right to claim a healthy % of them.

On June 29th the Pope publishes a new encyclical, immediately prior to the G-8 meeting in Italy and President Obama’s visit to the Vatican, and calls for a new world order government by an international entity with teeth to enforce against US financial institutions.

Then, on July 8th, the Swiss government suddenly tells the IRS to p*** off with respect to the UBS case.

Just a coincidence?

SOURCE, RESPONSES and LINKS: http://solari.com/blog/?p=3492



THIS ALSO POSTED AT PC Post #50: http://www.projectavalon.net/forum/s...t=12410&page=2

The latest from BEN

07/10/2009

The Japanese arrested with $134.5 billion had papers signed by Bernanke, Greenspan

The two “Japanese” (one is Philippino and the other Chinese) arrested in Italy recently with $134.5 billion worth of US Treasury certificates were also carried a series of documents signed by the likes of Alan Greenspan and Ben Bernanke. They themselves are innocent and were released immediately because they were carrying genuine diplomatic passports. The Pictures of the documents they carried are attached and we would like to hear some expert opinion on their contents.

According to the official story put out to the corporate media, the Treasuries were forgeries (no doubt they will say the same about the documents pictured here) but if that is the case, why were the people carrying the “forgeries” immediately released?

The truth is the Treasury certificates they carried were legitimate and are now in the safe hands of the managers of the new financial system. The money will be used to finance part of a Marshall plan aimed at ending war, poverty and environmental destruction. It will also be used to develop previously forbidden technology. We may see some visible changes as early as next week now that Bernanke’s latest check has bounced but, as mentioned before, things could drag on to the September 30th secret fiscal year end a possibly a bit beyond that date. The information above comes from very highly placed sources.
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