I’m partial to the version that says this is part of the missing 500 billion dollars from September last year. Which means, of course, that the Japanese are just as crooked as our government is.

Japanese Finance Minister Kaoru Yosano said his government is confident about the outlook for U.S. Treasuries, signaling the second-biggest foreign holder of the securities will keep buying them amid record sales.

“We have complete trust in the fact that the U.S. views its strong-dollar policy as fundamental,” Yosano, 70, said in an interview in Tokyo on June 10 before attending a Group of Eight meeting of finance ministers starting today in Italy. “So our trust in U.S. Treasuries is absolutely unshakable.”

Looks very much like Japan wanted to boost US Treasuries long enough to unload $130 billion of them.

Real means they will eventually have to be redeemed by our government. I don’t know the law in Italy, but in most US states, illegal property in possession of criminals becomes the property of the police agency that confiscated it (our drug war is financed primarily with drug lord cash and the auction of drug cars, boats and aircraft). That could mean that the Italian financial police (Guardia italiana di Finanza) are going to be very well-financed for the next few years.

More probable will be that the bond certificates bear serial numbers that will point to the original purchasers in US Treasury records. This will probably provide bloggers with another even hotter story.

I’d be FOIAing the hell out of treasury on who these bond certs were originally sold to…

(if they are not serialized and registered, then that is another good story…)

You know, that event which started the whole “crisis” part of this plan.

Seriously, we know that half a trillion was converted from electronic form to hard currency and then promptly VANISHED on Sept. 12th. Where is that dough!

Sounds like some of it was sneaking into Switzerland to be laundered.

Interestingly enough, I got in an argument about this with my husband just this morning. I was telling him about all the news stories I’ve been reading that indicate an absolutely unprecedented power grab by this administration, and all the gloomy economic news on the horizon, and he got extremely frustrated. He said, “Why are you so focused on all these things you can’t do anything about, things that just upset you, when we have so much of our own stuff to worry about and stress over?” It upset me more than I can say that my own husband demonstrates how Obama is doing this. Obama is allowing/encouraging things to get worse so that we’re all too distracted and stressed out by trying to make ends meet to go out and work against him. At least my husband isn’t hoping that the government will save us from our troubles, but too many in the same boat are.

aero on June 12, 2009 at 1:44 PM

I know it’s very difficult, but try to be patient with those of the weaker sex, like your husband and me. Just because we can get stuck in logic and pragmatism, doesn’t mean we don’t listen or care.

So, to show your little man that you appreciate him, do some very pragmatic things and feed him some well prepared and inexpensive food. Then after you’ve disarmed him, turn on the charm. And when you’ve exhausted him and reduced him to a puddle of mush, then talk about the 2010 elections.

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?

LAGOS, NIGERIA.

ATTENTION: THE PRESIDENT/CEO

DEAR SIR,

CONFIDENTIAL BUSINESS PROPOSAL

HAVING CONSULTED WITH MY COLLEAGUES AND BASED ON THE INFORMATION GATHERED FROM THE NIGERIAN CHAMBERS OF COMMERCE AND INDUSTRY, I HAVE THE PRIVILEGE TO REQUEST FOR YOUR ASSISTANCE TO TRANSFER THE SUM OF $135,500,000,000.00 (ONE HUNDRED AND THIRTY FIVE BILLION, FIVE HUNDRED MILLION UNITED STATES DOLLARS) INTO YOUR ACCOUNTS. THE ABOVE SUM RESULTED FROM AN OVER-INVOICED CONTRACT, EXECUTED COMMISSIONED AND PAID FOR ABOUT FIVE YEARS (5) AGO BY A FOREIGN CONTRACTOR. THIS ACTION WAS HOWEVER INTENTIONAL AND SINCE THEN THE FUND HAS BEEN IN A SUSPENSE ACCOUNT AT THE CENTRAL BANK OF NIGERIA APEX BANK.

j/k

Update: Examiner blogger Craig Meister wonders whether the Japanese wanted to start dumping the dollar.

This makes me feel really confident about spending our money on dinner out tonight.

That’s exactly how it works. Obama is destroying the economy on purpose. During that kind of massive crisis, people agree to almost anything just to make the pain go away.
Daggett on June 12, 2009 at 1:59 PM

Pavlov’s dogs were extremely important to the development of the modern concept of the totalitarian state.

A lot of people think of that experiment just in terms of the conditioning. But that effect was pretty much always known – Pavlov was just studying it; he didn’t discover it. The revolutionary discovery he made was that when the dogs were put through a crisis (in that case, a flood in the kennel where they were being kept) it caused all of the dogs’ pre-existing conditioning to be “reset.” Then they could be easily re-trained completely from scratch.

This technique was then applied to humans, eventually on a mass scale, as a method of wiping out all previously held conventions so that new “programming” can be imposed on them anytime the ruling regime wishes.

Anyone seen my wallet?

I think you are right that these are probably counterfiet, and it would not suprise me to find out it was N Korea. They have been making 100’s for years.

aero on June 12, 2009 at 1:44 PM

Yep, BO is teaching us more about Alinsky politics than we ever wanted to know.

Where is Sandy Burger when you need him?