…from the quill of Antisthenes the Younger
… it’s a rich man’s world. And increasingly a very indebted and increasingly desperate men’s world. So if you happen to find amongst your grandmother’s papers this 1934 USA Bearer Bond
do not take it to the nearest Commonwealth Bank branch, and not only for the reason that the bank’s truthful assets and liabilities statement would rule that and other Australian banks out. It would be very tempting to see that supercilious manager faint, but reconsider, please. I trust that by now everybody has read all the information linked in our post Throw away your John Grisham, Agatha Christie and Dashiel Hammett and is thus aware that the Italian authorities* arrested eight people in connection with the above bonds in “Operation Vulcanica”. Italian (Mamma Mia!) police investigates, so it would appear that there is no rush. They reputedly investigate at the speed our FairWork** investigates trade unionists and Labor Members of Parliament***suspected of criminal activity. But I fear that my readers don’t have the necessary mafioso/socialist credentials.
One ought to consider a slight possibility that the bonds are genuine, in which case there is nothing to see.
Keep reading. Nothing to see here.
US will not pay****, claiming the bonds are fake (sue us i.e. US!) and even if US were willing, for after all additional 6 trillion in debt is not here nor there, China would probably refuse to lend it. Even Chinese’s avarice goes only so far. In that case, the usual red herrings will be thrown to the Main Stream Media – plutonium purchase, Nigeria, Sicilian Mafia, 9/11 aircraft accidents …
Lord James of Blackheath’s revelations have all the hallmarks of an elaborate hoax, and considering the dangers and potential benefits, the hoax concocted by a hostile government. That type of fiscal disinformation tends to speed up the collapse of the Western financial system, if only by further undermining the already fragile public trust. Additionally and peripherally, this may lead to investigations, royal commissions and such like, which can occasionally open a can of venal worms or even find a nest of malevolent mambas in unexpected corners of the world’s banking system.
One of the blogs dealing with this pecunia non olet affair received a comment, which ends:
“If you have information regarding this fraud please contact either Robert Amenta, Special Investigator at the Federal Reserve Bank of New York, or Erik Rosenblatt, Senior Special Agent at the Department of Homeland Security, Immigration and Customs Enforcement.“
Please do, be brave, what have you got to live for? But write to Fog of Chaos first, and then make sure you have your affairs in order. The stakes are high.
§ § § § §
*/ I wonder what Loretta Napoleoni thinks
**/ an Australian taxpayers’ funded trade unions enforcement agency
***/ one example would be The Honourable Craig Thompson, the Federal Labor MP
****/ USA can’t pay anybody, it is that simple; and if it did, the payment could be claimed back as a preferential payment under the bankruptcy laws, if they still have them there, US being the law unto US
These bonds would be worth about as much as the Obama’s.
It is a typical Chinese scam, sliming US goverment in the process. USA may be in trouble, but so is China. Where are the people migrating to that paradise? Marriage of convenience between Marx and Keynes is bound to collapse sooner than experts expect.
Anybody following this up?