Skip to main content

Nobody really knows how much dirty money is in the system.

There is literally dirty money filling empty (of water) swimming pools all over Northern California.

And there is an ongoing torrent of counterfeits (North Korea is said to be the main printer).

But any schmuck with a laser printer can make a good copy.

There is a way to bust this game.

The treasury is preparing to issue new $100 bills.

But are they smart enough to seize the occasion to bust the dirty money and the counterfeiters?

What do you think?

Here's the benefit.  There is about 850-900 billion dollars in circulation.  

I propose that at least 10% of it is dirty and counterfeit.  Say 85 billion.  That's a lot of school lunches.

What the Treasury should do is call in all existing $100 bills for exchange.  Old bills are checked for legitimacy.  All bills are checked for legitimate origins.  I.e.  where did you get these bills?

Do they dare do this?  God (Allah) knows how much dirty money there is out there.  My estimate could be off by an order of magnitude.  If you really implemented this procedure the lobbists and crooks would crawl out of the woodwork like roaches in a kitchen.

Unfortunately Geithner won't answer my communications on the subject.

Here is a petition to Congrss on the subject

Originally posted to junius on Sat Jan 22, 2011 at 08:32 PM PST.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site