Skip to comments.An Economic Pearl Harbor?
Posted on 03/06/2011 10:29:51 PM PST by TheConservativeCitizen
Financial terrorism suspected in 2008 economic crash
"The unclassified 2009 report Economic Warfare: Risks and Responses by financial analyst Kevin D. Freeman, a copy of which was obtained by The Washington Times, states that a three-phased attack was planned and is in the process against the United States economy.
There is sufficient justification to question whether outside forces triggered, capitalized upon or magnified the economic difficulties of 2008, the report says, explaining that those domestic economic factors would have caused a normal downturn but not the near collapse of the global economic system that took place
Officials, who spoke on the condition of anonymity, said senior Pentagon policymakers, including Michael Vickers, an assistant defense secretary in charge of special operations, blocked further study, saying the Pentagon was not the appropriate agency to assess economic warfare and financial terrorism risks "
Youd think this would be the screaming headlines on every media outlet, but it is not. This report was completed in 2009 but now someone in the Pentagon or Department of Defense (think about that for a second) deems it important enough to be declassified and released to the general public. Someone in a significant position of power wants you to know this information. If true, we came within about 48 hours of an American economic collapse as well as a probable global meltdown BECAUSE SOMEONE WANTED THAT TO HAPPEN. Scary stuff. And they almost succeeded.
When former Colorado congressman Tom Tancredo was mounting an independent bid for governor this last election cycle I was present when he spoke of the events surrounding his vote for TARP (which is unpopular among the Tea Party types). He described economists and administration officials coming to Congress in a panic.
(Excerpt) Read more at constitutionclub.org ...
we’ve all suspected it....but what to do?...in the end, we are nothing but the powerless rabble peasantry....our votes are probablly worthless, and our political contributions are probably worthless
All I can say is DUH????? If it looks like a duck, walks like a duck and quacks like one... You gotta a duck baby! Any one who was not completely drunk, stoned or ignorant could see the 2008 melt down for exactly what it was.... an attack on this country at a critical moment (during a presidential election).
The bubble was not sustainable no matter what deliberate act took place.
The real economic Pearl Harbor will be when the Chinese and other nations dump the dollar. That will bring our nation to it’s knees. The Chinese might even make money on the proposition considering their currency would be one of the possible replacement choices.
I have read many accounts from congress critters and it sounded like the economic braintrust painted a very bleak scenario if congress did not pass Tarp. It’s hard to fault them if the stories are true no matter how much I wish that we had done nothing. However, the banksters with connections made out quite well....
Makes one wonder does’nt it?
Why do you excerpt your own articles on FreeRepublic?
Remember that 1000 point drop in the dow for a short time one day that was blamed on someone fat-fingering an amount. My brother and sister both work at different financial firms. None of the pros bought that explanation. It was ludicrous on the face of it. But apparently the media was instructed to let it go.
Which begs the questions, what happened and what caused it to mostly recover?
>>Why do you excerpt your own articles on FreeRepublic?<<
I’m gonna go with schizophrenia. I mean, either that or blog pimping. I’m slow to suggest the latter normally, but...
I believe that the bedbug outbreaks are an inexpensive form of economic terrorism. It’s clear to me that these insects are being planted in stores, airplanes, theatres and other public places in order to disrupt economic activity.
I thought blogs were supposed to be the “new media.” Sure seems to be a lot of warmed over news from the “old media” re-written in blogs.
And I’ll never understand excerpting. JimRob gives you a soap box to speak your mind, and you speak half of it instead, before wanting a “word from your sponsors”? Geez.
If the Chinese think they can trash the dollar and supplant it as the world reserve currency, they will do so. They will have won the war without firing a shot.
Why? Low on blog hits this month?
I know your question is rhetorical...
No. It's not. Many want to know the answer.
Well.... most of the volume in the stock market is controlled by high-speed software, the purpose of which is to make money by taking advantage of short-term price fluctuations; and also to minimize losses if prices start down. Transactions are computer-to-computer.
Although I'm sure the programmers try to put in safeguards, I also know that they can't think of everything; and eventually things are going to line up just right so that the software fails in some highly-noticeable way.
I've always figured that's what happened here.... and I would not be at all surprised to learn that somebody had recently dropped a new software version onto their system, too.
I think most of us know that the reason this guy excerpts his own articles, is that he's pimping his blog.
Having read the silly excerpt, however, I'm more than happy to avoid the blog itself.
It’s a group blog with many different writers. Excerpted in this case due to the links, video etc. at main article. Normally I do not excerpt and post the entire article.
This is something you need to explain up front. Just because it is a gang bang blog doesn’t mean it’s OK to pimp it here. It is OK to post full articles, but not OK to post excerpts and drive traffic off this site, per Jim Robinson. You may wish to take this into account in choosing your next articles to share with THIS community...
I’ll take that into account. Never been a problem before and I’ve been posting articles and blog posts here since 2001.
Blog pimping is becoming a problem. Things are getting out of hand and FR is being taken advantage of. Since FR is self-policing there are quite a few of us that are making a point of saying something to blog posters that break the rules. Only the hard core blog pimpers that argue or fail to mend their ways get zotted (we had one this morning.) They are real jerks that simply want to use FR as a marketing device which is not appreciated around here.
I doubt if someone like you will have any trouble keeping to the rules since you’ve been around so long. Most of the problem people are n00bs who post to establish click-through streams. They are treated rather rudely if they are warned then start up with the attitude. Jim has defined the ground rules and we stick to those. The mods agree. So, that’s what’s up and why you may not have run into this before. Be sure to tell your other blog partners.
No excerpting. Just full articles. OK? Thanks. :0)