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CIA behind supernote counterfeiting? Now McClatchy questions this too!

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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 01:56 AM
Original message
CIA behind supernote counterfeiting? Now McClatchy questions this too!
Edited on Fri Jan-25-08 02:07 AM by calipendence
Originally speculation on the very complicated and hard to detect counterfeits of dollars called "superdollars" pointed to North Korea as the culprit for the operation, which has lead to us having newer designs for much of our currency now. Here's the NY Times article on this from a year ago:

http://www.nytimes.com/2006/07/23/magazine/23counterfeit.html?ex=1311307200&en=1532e77e2eabea37&ei=5088&partner=rssnyt&emc=rss

Not long ago, it was speculated by a German newspaper Frankfurter Allgemeine Sonntagszeitung, who researched this more that there wasn't enough evidence supporting that North Korea was capable of such an elaborate operation and speculation lead to it in fact being a CIA operation in Virginia making these notes that were used to fund black operations under the radar of congress.

http://watchingamerica.com/frankfurterallgemeine000009.shtml

Now, McClatchey just released an article of its research into the issue on January 11th:



I was even wondering myself if the kid gloves treatment that was afforded to money launderer Thomas Kontogiannis who was tied into Duke Cunningham, Brent Wilkes, and the intelligence agencies might have known more about this than he ought to and that was why he was "allowed" to travel to Europe after being sentenced for his crimes here under the "guidance" of some unnamed governmental agency unbeknownst to the sentencing judge.

There's an article that recently came up through the McClatchy Bureau that would appear to support Deutche Allemaigne's conclusions, talking about a new rash of fake $100 bills that are floating around:

http://www.kansascity.com/news/nation/story/441167.html

Mysterious $100 'supernote' counterfeit bills appear across world
By KEVIN G. HALL
McClatchy Newspapers

...

The Bush administration and members of Congress two years ago loudly accused North Korean leaders of being behind the counterfeiting of U.S. currency, but a 10-month McClatchy Newspapers investigation raises questions about those charges.

As the currency changer told a reporter, The ones from Europe are much better.

Whatever the origin of the bills, its by far the most sophisticated counterfeiting operation in the world, said James Kolbe, a former congressman from Arizona who oversaw funding for the Secret Service. We are not certain as to how this is being done or how its happening.

...

Klaus Bender, the author of Moneymakers: The Secret World of Banknote Printing, said the phony $100 bill is not a fake anymore. Its an illegal parallel print of a genuine note. He claims that the supernotes are of such high quality and are updated so frequently that they could be produced only by a U.S. government agency such as the CIA.

...


This seemed to go under the radar of DU with the elections, etc. happening now. If these are black ops funding material, it would seem a very serious problem that needs investigating. Our economy is already teetering right now with so many other messes. If this is happening in the CIA and is allowed to continue unchecked and is discovered later, it might sink us to worse depths than the earlier Republican depression.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 02:16 AM
Response to Original message
1. So I guess the CIA just borrows the printing presses on weekends.
Not as messy as selling arms to Iran or importing cocaine I guess. And without those annoying M3 money supply reports, there's no harm done, right?
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Oilwellian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 03:19 AM
Response to Original message
2. Didn't Bush stop reporting...
how much money the treasury prints now?
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 08:38 AM
Response to Reply #2
4. Yes, that's what I meant upthread when I mentioned the M3 money supply reports.
Edited on Fri Jan-25-08 08:39 AM by Lasher
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Oilwellian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 11:17 AM
Response to Reply #4
10. LOL...ok
I didn't know the technical term...but it's a great way of introducing counterfeit money into the system and not being detected.
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DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 07:07 AM
Response to Original message
3. morning kick
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MiniMe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 08:44 AM
Response to Original message
5. I better start checking all those hundred dollar bills lining my pockets
:sarcasm:
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 08:50 AM
Response to Original message
6. I'd check Cheney's
basement for starters.
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arendt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 09:34 AM
Response to Original message
7. The CIA doing something illegal, what a surprise. Still, it explains a lot. k&R n/t
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 10:34 AM
Response to Original message
8. More...stuff... K&R
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lala_rawraw Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 10:44 AM
Response to Original message
9. Excellent!!!
Thank you for alerting us to this story.
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flashl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 11:30 AM
Response to Original message
11. Similar stories circulated under Bush41. nt
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CabalPowered Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 11:51 AM
Response to Original message
12. I wonder
if they're the same notes passed by the Putin's advance team in Kennebunkport?

http://www.seacoastonline.com/apps/pbcs.dll/article?AID=/20070629/NEWS/706290449
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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 06:36 PM
Response to Reply #12
13. Interesting, it was earlier postulated that the North Korean notes went through Russia...
Edited on Fri Jan-25-08 06:37 PM by calipendence
... funneled through there by North Korean diplomats and then given to an IRA guy that funneled them to the west through Great Britain. A good documentary to watch from Link TV on this is their Spotlight show from BBC on the Super Dollar.

http://www.linktv.org/programs/super

I think this show was done before the German magazine article came out that questioned North Korea's ability to deliver such high quality notes. I've been meaning to watch a burned copy I have over again to see how it jives with more recent reports on the super dollars.
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donkeyotay Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 07:29 PM
Response to Original message
14. Duke went to jail in record time. Wilkes is facing 60 years,
but the money launderer who had 70 accounts has escaped punishment? Yep, something seriously wrong here.
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