Saturday, 18 February 2012 07:18 'While there is precious little in terms of detail coming out of the latest and literally greatest "fake" bond story in history, the BBC has been kind enough to release the pictures of the boxes that the supposedly fake bonds were contained in. While we reserve judgment on the authenticity of the bonds, what we wonder is whether the boxes were also fake. Because while we can understand why someone would counterfeit the Treasury paper itself, what we don't get is why someone would go the extra effort to also create a "fake" compartment in which to store it. In this case a compartment that is property of the "CHICAGO FEDERAL RESERVE SYSTEM." Perhaps Fed uberdove and Chicago Fed President Charles Evans will be kind enough to explain why Versailles Treaty Chicago Fed crates are floating around in Europe (and filled with $6 trillion in supposedly fake bearer bonds)?' Read more: Why Were The Trillions In Fake Bonds Held In Chicago Fed Crates? Saturday, 18 February 2012 07:15 'Pakistan has pledged to support Iran if the US launches a military attack against the Islamic Republic. The Pakistani president assured the Iranian leader that his country’s territory will not be used as a launch pad for such an assault. Should the United Stated decide to attack Iran, Pakistan will not support the move and will not allow the US to use its local airbases for military operations, the Pakistani leader Asif Ali Zardari said on Friday. His assurances of support came during a meeting of the leaders of Pakistan, Iran, and Afghanistan in Islamabad. The talks are seen as Pakistan’s way of sending a message of defiance to the US.'
Saturday, 18 February 2012
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