alternative news


April 30, 2011 By Joseph P. Farrell

As I expected, many of you commented on Part Four of this serialized blog concerning the Japanese Bearer bonds scandal, and the comments of two posters are worth pointing out here, because I believe they add a fresh perspective and new nuances to the story that are worth some consideration. The two commentators, to whom I am grateful for sharing information on this story, are Greg Ahrens and Paolo Trapanese, both of whom posted comments on this story on my Facebook page, and I have commented briefly on their pieces of information on my News and Views from the Nefarium yesterday, but it's worth reiterating here.

First, Mr. Ahrens pointed out that he could see the words "non-negotiable" on the "Kennedy bond," and I for one am inclined to take him at his word. My own photo-processor won't allow that degree of high resolution or processing, but let's assume it's true, because, as I stated on Thursday's post, the thing just looks fake, one might even say, it looks "cheesy."As many who have commented on the whole saga have pointed out, counterfeiting such "bonds" in such large denominations is in itself just not rational, the more so if indeed, they were based on political satires from the 1980s, which brings us to the second commentator on this whole episode:

For then, Mr. Paolo Trapanese weighed in with another bit of information on my Facebook page, namely, that these faked bonds were issued as a kind of political satire during the Reagan administration, when it was piling up what was then considered to be huge deficits (oh for the good old days, huh?). So, why would counterfeiters choose - if that indeed is what they did - such evident fakes? Fakes, moreover, that, as I tried to argue last Thursday, seemed replete with subtle little "messages" and symbolisms.

Now let's add one more little data point to this very confusing stew, and that is the comment I mentioned in yesterday's blog on this saga, namely, that according to the various news stories about the scandal, "authenticating bank documentation" accompanied all these counterfeit bonds. Little has been said on this aspect of the story. So the possibility opens up that these documents, too, were faked. But if so, it would still be interesting to learn the name of the bank or banks mentioned in the documents, but nary a word has ever been said - as far as I am aware - on this aspect of the story.

What really intrigues me here is that these bonds - according to Mr. Trapanese's information - were issued during the Reagan era as political satires. As we know by now, the Reagan administration ran huge deficits to fund a vast military expansion, part of which included his now famous(or, depending upon one's lights, infamous) Star Wars missile defense program. Add to this the statements in his diaries - intensely curious statements - that he was briefed and told that the USA had a space shuttle capacity to ferry some 300 persons, far beyond what the public shuttle fleet then in existence was capable of doing. (And, while we're at it, we might as well throw the McKinnon hacker story into the mix; you remember him; he's the British subject who hacked into US Department of Defense computers and allegedly found the names of ships and officers for some sort of secret space fleet).

Well, the use of such absurdly high-denominated "bearer bonds" in a form which allegedly never existed, and then were on top of it all political satire, raises to my mind an interesting potential scenario. If something was "sending messages" during the Japanese bearer bond episode, then it stands to reason someone may have been doing so during the Reagan era (if Mr. Trapanese's information is true). Let's assume for a moment that it is true. If that be the case, then someone deliberately tried to revive whatever message was being sent back then, and to tie that message, somehow, to Japan.

Now, throw into this mix the fact that in early reporting of the bearer bonds scandal, it was Asia News, a Vatican-backed or influenced news agency, that was maintaining in its early reporting of the episode the the bonds were so close to authentic that the fakes could scarcely be distinguished!

Oh really!?!? Does that include the so-called Kennedy Bonds? If so, then what did Asia News know, that we don't? Did it know something, perhaps, about that little-talked-about bank verification and authenticating documents? Was someone back during the Reagan era letting a secret out of the bag? Or, alternatively, were the Kennedy Bearer Bonds just a huge joke, a vast red herring?And for that matter, is it completely coincidental that the German media seemed to take the same line as Asia News in early reporting of the story? (I mean, come on, after all the pope is a German).

My intuition is that this is still a huge story, the dots lead everywhere, and nowhere, all at once, and hopefully, among all those still following the story, we can with some research and reason, piece together a likely scenario. Even as I am writing this, I was informed of another curious piece of information, from...well... a questionable(?) source?

See you on the flip side!