Last Thursday night (that would be the evening of Thanksgiving, Nov 22, 2012), I did a brief News and Views from the Nefarium on the most recent chapter of the Bearer Bonds saga, you know, those mysterious bearer bonds that seem to keep cropping up at the most inopportune times, raising all sorts of inconvenient questions. First we had the Japanese Bearer Bond scandal, where two allegedly Japanese men were apprehended by the Italian Guadia di Finanza, Italy's elite financial police, at the border town of Ponte di Chiasso. They were (if you'll recall the story), aboard a commuter train into Swizterland, when the Italian financial police apprehended them with an attache case with a false bottom, in which were $134.5 billion in gold-backed bearer bonds of $500,000,000 dollars denominations, with a few of these "bonds" being one billion dollar denominated Kennedy bonds, which were self-evidently hoaxed. The men were let go (so we're told), and President Obromneyack "reassured" everyone that the whole thing was nothing to be worried about, the bonds are fake, everyone move along, nothing to see here.

Then we had three more bearer bonds scandals, with Spain, Italy, and the Philippines putting in new chapters of the story, which we have detailed here on this site, and even indulged in a possible "Venetian" connection in a members' area paper. With these new chapters, the pattern changed somewhat, as with these scandals we were dealing with trillions of dollars, and with a new twist: Federal Reserve branch bank strong boxes from Dallas, Chicago, and Atlanta, with gold-backed Federal Reserve bearer bonds, some nifty "authenticating" documentation, and a flurry of denials from the appropriate officials, and a subsequent "death-of story" on editing room spikes, with no accompanying journalistic autopsy. "Nothing to see here folks, all fake, move along."

Now, as I pointed out in my articles here, and in some members' dialogues, no one in the media seems to have been asking the requisite questions: (1) since the Federal Reserve does not issue bearer bonds but the U.S. Treasury does, why would anyone go to all the trouble to counterfeit something so self-evidently hoaxy? and (2) why would anyone counterfeit denominations of something that never existed?

Well...that's the point. One doesn't counterfeit something that doesn't exist. Of course, there's the whole mythology of prime bank scandals that we won't get into here - you'll have to wait for Covert Wars and Breakaway Civilizations for that - but none of all the academic paper-writing and hand-wringing in the world can offset this disturbing question: why are so many counterfeiting something were' officially told never existed?

I of course think it did and does exist, and that it represents a vast system of totally occulted finance, with deep connections to the Anglo-American national security apparatus. Now enter the New York Post and our good friends over at RT (Russia Today) who, doubtless with their friends in the Russian intelligence services, have doubtless been watching all these stories very closely.

The New York Post article is here:

Billions in bearer bonds could be lost due to Hurricane Sandy: sources

Now let's ignore the wonderful details of the story - the $70,000,000,000 of soggy Hurricanized Bearer Bonds and all its nasty associated questions: (1) is this $70billion (mere pocket change compared to the astronomical sums of the Spanish, Italian, and Filipino versions of the story, and less than half of the original Japanese chapter...you get the picture)...is this $70 billion some portion of the previous bearer bonds, and if so, what are these fake bonds doing in a vault in New York City, conveniently awaiting inundation? (2) Who were they being held for? - ok, sorry, parenthesis within brackets within hyphens, bad form Farrell, but you get the idea. Ignoring all these details, let's look at that picture the good folks at the New York Post have put up:

New York Post's Bearer Bond Picture

Now, for you currency afficionados out there, you'll recognize this whole thing as a bit of mockery perhaps (the real question being, mockery of whom by whom?), for what we see is the obverse of an old one dollar silver certificate, not with the blue treasury seal of silver certificates, but with the green seal of the Federal Reserve, and a denomination of not one dollar, but one hundred million dollars, with attached coupon.

But for those paying attention, you'll recognize this picture as being almost identical (if not identical) to that from the Filipino chapter of the bearer bond scandal, which looked like this:

Filipino Bearer Bond

Ok...it's blurry, but you get the idea: same certificate, same coupons(almost)... Now, there are all sorts of innocent explanations for this resemblance, but those aren't any fun, nor would there be any point in blogging about innocent speculations as the good folks at the New York Post were searching for images of bearer bonds (from the Federal Reserve remember), and putting it in their article.

The real fund is in the speculation: why put this picture in an article about bearer bonds damaged by wonderfully convenient Hurricane Sandy? Possible answer: because someone somewhere wanted to point out a possible connection to the other bearer bonds stories, and a connection maybe lying deep within Wall Street vaults and corporations that specialize in securities clearing? ... Maybe... but we're not quite done...

...See you on the flip side.