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Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL
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paladin
User ID: 711020
 United States
6/24/2009 9:40 PM
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paladin
User ID: 711020
United States
6/24/2009 9:47 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
:catsnipper: |
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paladin
User ID: 711020
United States
6/24/2009 9:51 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
the money post is this...
That's it. That's all there is to it. What were we and the MSM supposed to do while uncovering the facts? Spin conspiracy theories?
We'll leave that to the Tin Foil Hat crowd.
Tin Foil Hat crowd....is the the link to ..
[link to market-ticker.denninger.net]
Last Edited by paladin on 6/24/2009 at 9:52 PM |
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Anonymous Coward
User ID: 534348
United States
6/24/2009 9:53 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
"a tin foil hat talker" I hate hats as well. |
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paladin
User ID: 711020
United States
6/24/2009 9:54 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
sorry for the edits all..
links are starting to change..
LOL |
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Mothra
User ID: 706828
United States
6/24/2009 9:54 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
That's funny because gay dee, aka scooby doo hates the tinfoil hat crowd. |
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Anonymous Coward
User ID: 693092
United States
6/24/2009 9:55 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker.. Quoting: paladin
Yes, we already know.
The clown predicted the collapse of banks, stock markets, and society in February when the DOW hit 6,500. It then proceeds to soar to 9,000.
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paladin
User ID: 711020
United States
6/24/2009 9:59 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
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Anonymous Coward
User ID: 613731
United States
6/24/2009 10:01 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
Been following Karl's blog on this, and the fact remains that there is no good close up view of these bonds released. Why not, certainly a knowledgeable observer would be able to figure whether they are phony or not? "Oh they must be phony" is not an acceptable answer, treasury's assertion that only such and such amount of bearer bonds are outstanding. If it's "tin foil" to not be willing to take treasury's word, then so be it, but really one is expected to do just that..
Not easy when you have this sneaking suspicion that government agencies lie on a routine basis.. |
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Anonymous Coward
User ID: 613731
United States
6/24/2009 10:03 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker..
Yes, we already know.
The clown predicted the collapse of banks, stock markets, and society in February when the DOW hit 6,500. It then proceeds to soar to 9,000.
He predicts those things still, and has nothing to do with Dow "score keeping", do you actually read what he says? |
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paladin
User ID: 711020
United States
6/24/2009 10:12 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
I have no problem with Karl Denninger
I read his site everyday,,
but when he calls all gold/silver bugs.
metal heads.
then I have a beef.. |
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Anonymous Coward
User ID: 694691
United States
6/24/2009 10:27 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
I have no problem with Karl Denninger
I read his site everyday,,
but when he calls all gold/silver bugs.
metal heads.
then I have a beef.. Quoting: paladin
is Karl aware of Itulip thread ? |
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paladin
User ID: 711020
United States
6/24/2009 10:35 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
I have no problem with Karl Denninger
I read his site everyday,,
but when he calls all gold/silver bugs.
metal heads.
then I have a beef..
is Karl aware of Itulip thread ? Quoting: Anonymous Coward 694691
he does now....LOL |
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Anonymous Coward
User ID: 694691
United States
6/24/2009 11:00 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
I have no problem with Karl Denninger
I read his site everyday,,
but when he calls all gold/silver bugs.
metal heads.
then I have a beef..
is Karl aware of Itulip thread ?
he does now....LOL Quoting: paladin
i posted it |
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Anonymous Coward
User ID: 660014
 Canada
6/24/2009 11:19 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
Fulford's explanation is way more interesting though. |
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Anonymous Coward
User ID: 670454
United States
6/25/2009 3:47 AM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker..
Yes, we already know.
The clown predicted the collapse of banks, stock markets, and society in February when the DOW hit 6,500. It then proceeds to soar to 9,000.
And precisely where is it now, milquetoast? |
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Phennommennonn 
The Queen Of Mean *VENOMmennonn*
User ID: 581503
United States
6/25/2009 5:01 AM
 | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
:tinfh88:
Last Edited by Phennommennonn on 6/25/2009 at 5:21 AM
** Banned from Voice Chat? Email me/VC-Mod**
glp.phennommennonn@gmail.com & include your IP address from [link to showmyip.com]
~Galatians 4:16
Am I therefore become your enemy, because I tell you the truth?
~“In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind -- too little food. Even today, the Soviet Union still cannot feed itself. . . . East and West do not distrust each other because we are armed; we are armed because we distrust each other. And our differences are not about weapons but about liberty. . . . The most fundamental distinction of all between East and West is that the totalitarian world produces backwardness because it does such violence to the spirit, thwarting the human impulse to create, to enjoy, to worship. The totalitarian world finds even symbols of love and of worship an affront.” Ronald Reagan
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paladin
User ID: 274283
United States
6/25/2009 11:04 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
look we got a bite....LOL
Paranoid Rantings? :)
Heh, since I got a "tinfoil" mention over at another blog for my coverage of the bearer-bond saga
[link to market-ticker.denninger.net]
Posted by Karl Denninger in Editorial
Paranoid Rantings? :) |
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Marcinkus's Bunion
User ID: 660014
Canada
6/25/2009 11:11 PM | | Re: Eric Janszen...itulip.com.....says Karl Denninger .....market-ticker.denninger.net.....a tin foil hat talker...LOL | Quote |
We also see the Vatican News service, asianews.it, echoing what Hal Turner said - that the smugglers have ties to Sr. Japanese banking/Treasury officials. AsiaNews.it is the press outlet that broke the story, and I doubt they're your regular run of the mill nutjob news services. Keep an eye on this site, and its editor, Father Bernardo Cervellera. If this guy gets whacked, Roberto Calvi style, the freaking shit has hit the fan.
[link to www.asianews.it]
Securities seized in Chiasso still between a wall of silence and a flow of disinformation
Neither Italian nor US authorities have officially said whether the seized US Treasury bills worth US$ 134.5 billion are real or fake. A US Treasury spokesperson said they were fakes, but acknowledged that he only saw them in a photo on the internet. For Italy’s financial police, if they are forgeries, they are practically indistinguishable from the real stuff. Both the US Federal Reserve and the Bank of Japan have an interest in denying their authenticity.
Milan (AsiaNews) – Italy’s financial police (Guardia di Finanza) seized US$ 134.5 billion last 3 June. In the following days the news hit the front pages of Italian newspapers and became a major story in the country’s news broadcasts.
AsiaNews is a missionary news agency, not an economic agency and began reporting the story a few days later (8 June) noting how foreign media were ignoring news of such importance which could have major social and economic implications for Asia (and the rest of the world) and this irrespective of whether the bills were real or not.
Despite the many uncertain explanations, one thing is certain, namely that the major print and electronic media and the authorities have said almost nothing about it.
So far the only official statement made by any government authority is that by the Italian financial police, on 4 June, right after the money was seized. The only new piece to this big puzzle is information from Japanese agencies which cite Japanese consular sources.
According to them, the two Asian men stopped at Ponte Chiasso (Italy) on their way to Chiasso (Switzerland) were indeed Japanese nationals, one from Kanagawa Prefecture (central Japan) and the other from Fukuoka Prefecture (western Japan).
The only other certainty is that both men were released after their identity was established.
If police had enough elements to conclude that the securities were fakes (and this is true even for lower denominations or net worth), it had to arrest the two men. Failure to do so would have meant charges for the police officers involved.
If this was not the case, then the two men were released because police authorities were convinced that the securities were real. In fact under Italian law, the authorities could not arrest the two Japanese nationals but could only impose a fine worth 40 per cent of the value of anything above 10,000 €.
If this did not happen, there is only one other possible explanation, namely that an order from higher up the chain of command in the government came on national interest grounds.
Neither the Guardia di Finanze nor any other Italian government agency has released an official comment or statement on the matter one way or the other. It is not even known if a written fine was issued (had it been it would indicate that the securities were real for the police).
All that AsiaNews can conclude is as follow:
The first report by an international news agency is dated 12 June and is by Bloomberg. It includes something odd. Some of the seized securities were issued in 1934; a detail not found in the statement issued by Italy’s financial police.
One can argue from the facts that this detail could have indicated in which direction someone was trying to move the affair, i.e. towards the idea that the bills were fakes.
Conversely, we do know that the US treasury did issue one billion dollar Kennedy Bonds less than ten years ago, like those mentioned in the police’s official statement of 4 June, but whether the latter are real or not is something that has not yet been officially determined.
So far little has been said about who the two Japanese men really are. Given what the securities are worth this is understandable, albeit unusual.
Two weeks after the story initially broke Bloomberg quoted a US Treasury official, Stephen Meyerhardt, who could claimed that the securities were “clearly fakes”. Yet in another interview Meyerhardt said that he had not seen the securities in person but had relied on a photo on the internet to reach his opinion.
Also, two weeks into the affair, after Italian and US authorities were informed about the seizure, no one from the US Treasury has yet to come to Italy to check out their authenticity; indeed such a simple operation if we are to believe Mr Meyerhardt since he could reach that conclusion just by looking at an internet photo and this against the backdrop of the Italian financial police which claims that if the securities were indeed counterfeit they were so well done that they were indistinguishable from real ones.
What this means is that either the Italian policemen are totally incompetent (which is not very likely) or that Meyerhardt’s statement should be taken with a pinch of salt.
Since no official statement has been forthcoming from the authorities, all we have to rely on is an interview by the commander of the Guardia di Finanza detachment in Como to a news agency in which he expressed his own opinion, not that of his force, which is thus not formally bound by what he said. Even then, as far as the authenticity of the securities is concerned all Colonel Mecarelli would say is that Italy’s financial police “is waiting for our US colleagues to determine whether the bonds are real or forgeries.”
Whatever the case may be, the fact that two weeks into the affair US experts in counterfeit securities have not yet arrived in Italy raises more than one question; after all we are talking about US$ 135.4 billion.
Often considered a good authority in journalism, London’s Financial Times seems to have jumped to the wrong conclusion when in a recent article it claimed that the seized faked securities were the “the latest handiwork of the Italian Mafia”, thus accepting uncritically that the US Treasury bills were fakes. In fact it did not show how they were linked to the mafia.
Confidential sources, whose reliability AsiaNews could not confirm, claim that one of the two Japanese stopped and then released in Ponte Chiasso was Tuneo Yamauchi, brother-in-la of Toshiro Muto, who was until recently Deputy Governor of the Bank of Japan, which of course does not automatically mean that the securities are real.
However, other sources are saying that for Italian authorities they are real and that Rome is unwilling to play along with the US Federal Reserve, which described them as fakes without taking a peak at them, except via the internet.
What seems clear is that the Federal Reserve has a vested interest in helping the Bank of Japan get the Securities back to avoid paying the Italian fine. The Fed in fact is having a hard time trying to sell its bills on various markets and the Japanese are its main buyers.
At the same time the Berlusconi administration in Italy, despite its popularity and electoral successes, could come under pressure at home if the securities are actually real and it came out that it was unwilling to enforce its own laws on Italian territory. |
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