<So will it be the Emperor Coal? The Oil Drum The Cassandra of Toledo: A Requiem For Mitigation>
<DrumBeat: March 12, 2007 DrumBeat DrumBeat: March 15, 2007>

241 comments on DrumBeat: March 14, 2007

Comments can no longer be added to this story.

Show without comments | PDF version

tate423 on March 14, 2007 - 1:46pm Permalink | Subthread | Parent | Comments top

You mean the Super Bill? Those have been talked about for at least a decade now. Nothing new really.

http://en.wikipedia.org/wiki/Superdollar

Comments can no longer be added to this story.
Leanan on March 14, 2007 - 1:54pm Permalink | Subthread | Parent | Comments top

This bit is fairly new:

On January 7, 2007, the Sunday edition of the German Frankfurter Allgemeine Zeitung (FAZ) challenged the official American statement and the accusations on North Korea. Their research suggested that the real source of the superdollars is a secret printing facility close to Washington D.C. and owned by the CIA. According to the FAZ, the forged dollars are used to finance international secret CIA operations by evading Congress control. The accusations are allegedly backed by anonymous U.S. government sources. Presently, there has not been an official response by the U.S. government to these accusations.

Comments can no longer be added to this story.
PeakOil Tarzan on March 14, 2007 - 2:07pm Permalink | Subthread | Parent | Comments top

According to the FAZ, the forged dollars are used to finance international secret CIA operations...

Like these, maybe?

Comments can no longer be added to this story.
expat on March 15, 2007 - 2:48am Permalink | Subthread | Parent | Comments top

The source is interesting - the FAZ is roughly (very roughly) the German version of the Wall Street Journal, and is proably the most pro-American major media outlet (not that many Americans are likely to understand that - the FAZ doesn't feel the need to hide reality to spare the feelings of torturers and kidnappers, for example). It is also the hometown newspaper, so to speak, of the European Central Bank and the Bundesbank.

With such stories, you never know where the hall of mirrors leads - as the FAZ, like any major newspaper, is one player in never-ending games.

But still, if there was a German newspaper you would expect to dismiss such a story if printed in any other German source, it is the FAZ, which makes the sourcing alone notable.

Comments can no longer be added to this story.
Jack on March 15, 2007 - 5:56am Permalink | Subthread | Parent | Comments top

Thanks for the perspective. I had been inclined to dismiss this since I didn't have a clue about the reliability of the source. I'll be interested to see where this leads. If the story has legs, you would expect others to pick it up.

Comments can no longer be added to this story.
tate423 on March 15, 2007 - 3:41pm Permalink | Subthread | Parent | Comments top

I guess they started feeling bad about all those drugs making it into the country so they started printing money instead....oh wait...they still are. Must be making some nice coin. I take it this is used to pay warlords and such, but where do the bills show up when they are detected? I mean these are those notes that make it past all but the best scanners, right?

http://thefinancedude.blogspot.com

Comments can no longer be added to this story.

241 comments on DrumBeat: March 14, 2007

Comments can no longer be added to this story.

Show without comments | PDF version