“So let’s assume that the certificates are real, as German media seems to believe and which, by the way, makes logical sense given what they were and the sheer impossibility of cashing a fake $500 million bond.
On the one hand we have the impossibility of the bonds being real, because there simply isn’t $130 billion of issues remaining outstanding. On the other hand we have the impossibility of negotiating a fake $500 million bearer instrument, making the exercise of counterfeiting one expensive and futile.
See, Bearer Bonds are issued without registration - they are as anonymous as a $100 bill in terms of who owns them. That’s one of their “features”, and why they were often used for various clandestine money operations.”—
“Think about it: These two guys were carrying the gross domestic product of New Zealand or enough for three Beijing Olympics. If economies were for sale, the men could buy Slovakia and Croatia and have plenty left over for Mongolia or Cambodia. Yes, they could have built vacation homes amidst Genghis Khan’s Gobi Desert or the famed Temples of Angkor. Bernard Madoff who?”—
“What’s so astounding about the performance of the MSM in response to Iranian events is that there is nothing preventing the NYTimes or CNN or MSNBC or WaPo from doing what you’re doing. NOTHING. What you’re doing doesn’t require a staff of hundreds or budgets in the millions. No, what it requires are the most fundamental requirements for journalism: an intense curiosity about the outside world, the unquenchable desire to communicate what you learn, and the willingness to work your ass off to make it all happen. You give a shit, and the MSM doesn’t. It’s that simple.”—The Daily Dish | By Andrew Sullivan