(North) Korean News: "KCNA Holds U.S. Chiefly Responsible for Counterfeiting"

You may recall previous posts about Kim Jong Il's counterfeiting activities.

It was recently disclosed that the United States is a centre for forged dollar notes, a worldwide problem, sparking off a great furor. The German Frankfurter Allgemeine Sonntagszeitung, on the basis of the results of study conducted by experts on counterfeit notes in Europe and Asia for years and testimonies made by those related to printing machine manufacturers, clarified that the CIA has issued fake notes in a secret printing shop in the suburbs of Washington D.C. The newspaper asserted that north Korea is not capable of counterfeiting "super notes," noting that the "super notes" for which the U.S. holds the DPRK accountable might have been massively issued by an intelligence institution in the U.S. for a clandestine operation.

"North Korea is not capable"? Not even with the might of Songun?

The international community is responding to this assertion with discretion as the above-said newspaper is widely known to be serious about impartiality and the author of the article is well versed in this particular field.

Such problems as "forged notes" and "illicit dealings" rest with the U.S. and the story about the "counterfeit notes" much touted by it is nothing but a fabrication aimed to execute its hostile policy toward the DPRK.

As already reported, forged notes worth 46.5 million U.S. dollars and 499 counterfeiting shops were disclosed in the U.S. in the recent one year only. Internet homepage "Conspiracy Planet" on April 26, 2006, said that the U.S. banks launder illicit funds amounting to 500 billion U.S. dollars every year and without that the U.S. economy would have gone bankrupt long ago. Financial deficits of hundreds of billions dollars in the U.S. are believed to have been offset by the circulation of such dirty money.

Such being a hard fact, it is preposterous for the U.S. to talk about "counterfeit notes" in the DPRK.

The U.S. raised this issue against the background of the embarrassing situation where it was compelled to roll back its hostile policy toward the DPRK as the process for the denuclearization of the Korean Peninsula reached the phase of "words for words and action for action" in the wake of the adoption of the September 19 joint statement.

Levi, U.S. under secretary of Treasury, at a Congress hearing on April 6, 2006 said that the authority of the Department of Treasury would serve as one of a few means that can be used as leverage instead of military power in case it faces "threat" from a foreign country not yielding to diplomatic pressure, thus self-exposing that the story of the "forged notes" is a lever for pressurizing the DPRK.

The U.S. has so far failed to produce any scientific evidence that may prove the DPRK's counterfeiting. This was the reason why it was censured and jeered by the international community at a briefing held in Washington in December 2005 and at a meeting of the International Criminal Police Organization in July last year.

The reality goes to clearly prove that the anti-DPRK smear campaign over the "counterfeit notes" is orchestrated and staged by the U.S.

The U.S. counterfeiting row is its own making.

The U.S. had better drop the curtain on the clumsy farce.

Tags: North Korea, Juche-coupes, counterfeiting