Posted on 03/01/2011 6:06:32 AM PST by KosmicKitty
Bill Gertz has an article running in this mornings Washington Times, Financial terrorism suspected in 08 economic crash, on a report prepared by the Department of Defense in June 2009. In the report, financial analyst Kevin Freeman argues that the 2008 economic crisis was assisted by outside forces. What the study (which we are providing a copy of exclusively here at PJ Tatler at the conclusion of this post) investigates is how outside forces could have helped things along by manipulating oil prices, naked short selling of U.S. financial firms (e.g. Bear Stearns), and attacking the U.S. dollar. Gertz reports:
Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.
(Excerpt) Read more at pajamasmedia.com ...
WOW. Thanks for this article. I responded to you before seeing this.
As I no longer listen to Rush, I had not heard this bit of info. What's up with it? They were told to STHU about it as well as the eligibility issue...IMHO.
I believe Kanjorski
As do I ... his original C-Span statments that is.
EXACTLY! Saying they do not know who or where is total BS!
I have to run out for a bit, but will do some checking when I get back.
Yep, I agree.
I remember reading at the time that the International Monetary Fund had their computers hacked. The news reporting was that “no significant damage” was done. I always wondered if there was a connection between that and the financial crisis.
IMHO, yes.
Yes, but enough about Obama’s election.
Democrats were WARNED of Financial crisis and did NOTHING (Fannie/Freddie)
http://www.youtube.com/watch?v=LPSDnGMzIdo&feature=related
Now when I look back to late 08, I see a lot of interesting things:
September 7, 2008
McCain Moves Ahead 48-45
http://www.gallup.com/poll/110050/gallup-daily-mccain-moves-ahead-48-45.aspx
To this very day, I feel there is something strange about the Paulsen advice to Bush to do the first bailout. Paulsen is a Goldman Sachs guy and so is Schumer. (They are both Democrats) Remember Schumer caused a run on IndyMac late June of 08.
IndyMac: Mini Bank Run, Thanks to Schumer (late June of 2008)
http://www.housingwire.com/2008/07/01/indymac-mini-bank-run-thanks-to-schumer/
I see Goldman Sachs made out like a bandit in the outcome of all of this. I do not know for sure, but I look backward and forward to now and it all makes me wonder. I just did a Google search and found this:
http://www.thedeal.com/dealscape/2008/09/goldman_eyeing_assets_of_small.php
Is Goldman eyeing failed IndyMac?
Per Rep Paul Kanjorski, Democrat, Pennsylvania:
On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve noticed a tremendous draw down of money market accounts in the USA to the tune of $550 Billion dollars in a matter of an hour or two. Money was being removed electronically.
Published September 23, 2008 at 2:26 PM
With Goldman Sachs Group Inc. converting itself to a bank holding company to strengthen its future, the New York-based financial institution is said to be on the prowl for deposits, but not necessarily an entire bank. Such speculation has led some in the media to ask whether Goldman could be looking to acquire the assets of failed IndyMac Federal Bank, which has fallen under the control of the FDIC.
Wednesday, September 24th, 2008 at 4:55 pm
Presidential Address: Bush on Economy
http://www.rightpundits.com/?p=2116
Wed Sep 24, 2008 12:48pm EDT
Obama ahead of McCain amid Wall St. turmoil: poll
http://www.reuters.com/article/topNews/idUSTRE48N17520080924
Glenn Beck Clips 07-15-09 You Won’t BELIEVE The Goldman Sachs Governmental Ties Chart!
http://www.youtube.com/watch?v=khGZ3a4zTNU
George Soros Major Sharehold In IndyMacOneWestBan.html
Chiming in a bit late, but... I agree with the Soros theory, too much, too fast, too powerful. Isn’t that about the time when McCain suspended his campaign, came running back to DC and at the same time Obama went to HI? (to see Grandma suppossedly?) Everything stinks with these people. Sure glad they aren’t *my people*!
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