Tuesday, June 2, 2009

196...Who Let The Gold Out?

Spin doctors are on high alert at the Royal Canadian Mint in Ottawa where Christine Aquino, mint spokeswoman, said in a prepared statement Tuesday in response to questions from the Ottawa Citizen. "An unprecedented demand in gold in 2008 has led to an unreconciled difference between the mint's financial statements and the physical count of precious metals. There's a difference there that we're looking into..."

Unreconciled difference.

Love it.

Rolls off the tongue.

Unreconciled difference.

This isn't the first time someone has thiefed from the Mint; but every time it happens the Mint seems to spin their way out of it by essentially, well, spinning.

An example thereof from Ian MacLeod's Ottawa Citizen article is his reporting that "The largest reported theft at the mint was in 1996, when a machinist at the Sussex Drive plant pocketed 85 ounces...of almost-pure gold...A charge of theft against the man was later dropped for unexplained reasons and the mint was spared the humiliation of a trial that would have explained how the man snuck the precious metal past metal detectors, surveillance cameras and electronic sensors."

See, it is real important that the mint spin bad acts under the rug coz security is paramount to the mint's success. Or, more to the point, the appearance of security.

Your tax dollars, in action.

WFDS

1 comment:

  1. Maybe it was just something else Dingwald was entitled too.

    ReplyDelete