UPDATE: 04-21-10 TREASURY GETS IT RIGHT!
With the release of the new $100 , we find that the Treasury Department has invested the time, energy and money in creating a special YouTube channel devoted to currency. Hooray! Great design and features.
Original Blog Post ...
We know that the United States Treasury, in conjunction with the Federal Reserve, has poured billions of dollars into our faltering economy. The costs of government have ballooned beyond belief. And the Treasury is headed by an Obama appointee, Timothy Geithner, who ostensibly has call on all of the social media whiz kids that helped Obama become the President of the United States.
So why does the Treasury’s home page …
have a direct link under “Buy Paper Money” …
to a video hosted on YouTube …
posted by an individual known as “pinkosquare”
who has uploaded a ‘how to video” on anal sex?
Can they not find the time and money to host official U.S. information on the $5 bill on their own secure servers?
Let’s Party: A new $100 bill is coming …
By the way, so you are not shocked, on April 21, 2010, the Treasury Department will, once again, announce a new $100 bill – ostensibly to thwart the counterfeiters who flourish abroad. It also hinders people moving large numbers of $100 bills found overseas.
The new look of this 100 dollar bill will be unveiled by Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke on April 21 in some grand ceremony.
What is going on?
The Treasury does not simply introduce new currency without a specific reason.
Perhaps the United States $100 bill has been massively counterfeited by North Korea and others?
Perhaps the millions or billions of dollars in missing cash that was sent to Iraq and Afghanistan is starting to be used for purchases not in the best interests of the United States and needs to be withdrawn from the global marketplace – leaving the crooks with nearly worthless or, at least, suspect dollars?
Or perhaps Obama wanted his imperial visage firmly ensconced on a $100 bill? (just kidding)
But whatever the reason, the government is not being straight with the American people about another threat to their currency. It is bad enough that the dollar’s value has eroded to its low levels, but if the currency cannot be trusted, that another thing.
Perhaps we will learn more on April 21st … a mere six days after most Americans pony up their contribution to the Treasury. Perhaps, in an effort to remove money from the underground and criminal economy, there will be an exchange program – complete with federal tracking of all amounts over $10,000?
And perhaps the Treasury Department will be shamed into operating their own secure web-server and web site and not place the nation’s business at the mercy of pinkosquare on YouTube.
-- steve
Reference Links …
North Korean Counterfeiting of U.S. Currency|Congressional Research Service
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