Posted on 03/01/2011 3:12:04 PM PST by Niuhuru
Full Title:
"Did China or Jihadists try to bankrupt America? Pentagon report reveals financial terrorists may have triggered economic crash"
Terrorists and other 'financial enemies' were likely responsible for the near collapse of the U.S. financial system in 2008, a new Pentagon report has concluded.
The 2009 report, Economic Warfare: Risks and Responses, said financial terrorism by Jihadists or countries such as China may have cost the global economy $50 trillion in a series of co-ordinated strikes against the U.S. economy.
In an astonishing conclusion, the report claims two unidentified traders deliberately devalued trillions of dollars' worth of stocks at the height of the crisis
(Excerpt) Read more at dailymail.co.uk ...
Yes, I’ve thought that many times myself.
George Soros.
Don’t forget Maurice Strong who happens to be living in China.
The Pentagon should focus on fighting and winning wars, not financial analysis.
It did not take the Red Chinese, the Russkies or the Jihadists to take down Bear or Lehman.
They were rotten extremely overleveraged plays on crap housing loans made to people who couldn’t afford a house.
Lots of Americans made money shorting Bear and Lehman to where they were fairly valued, in bankruptcy.
Firstly, regardless of whether the claim is true, the statement makes no sense: one cannot "deliberately devalue" stocks, especially trillions of dollars' worth of stocks.
Secondly, I would like to know what specifically two traders could do to affect the value of that much equity.
As is stands, this sounds like pure, unadulterated garbage.
The Pentagon should focus on fighting and winning wars, not financial analysis.
It did not take the Red Chinese, the Russkies or the Jihadists to take down Bear or Lehman.
They were rotten extremely overleveraged plays on crap housing loans made to people who couldn’t afford a house.
Lots of Americans made money shorting Bear and Lehman to where they were fairly valued, in bankruptcy.
It is garbage.
If this is the quality of all Pentagon “analysis”, we are in trouble.
Just point your finger to our Career Politicians who think they can micro manage a free market. Throw the bums out in 2012.
Soros and Maurice Strong. Strong writes here about how we should let the Chinese buy Detroit. He seems to have thought this out.
http://network.nationalpost.com/np/blogs/fpcomment/archive/2009/02/05/maurice-strong-let-china-buy-detroit.aspx
We don’t need help. We can bankrupt ourselves, thank you.
Wasn’t there a HUGE computer transfer of money out of the US early in the crisis? By HUGE I mean far beyond Soros, far beyond the first dozen on the annual World’s Richest list combined, far beyond the market cap of Exxon or GE or Microsoft. So much money that it eliminates a lot of suspects. So much money that it suggests sovereign wealth and leaves few choices there.
Could be Martians as well.
A run on the bank is a withdrawal from many deposit accounts in a short period of time. It is the opposite of what you imagine -- a large withdrawal by a single depositor.
Jumping to conclusions and attributing nonexistent sins to opponents do not help.
See post 31.
I guess I’m just cynical (two years of Obama will do that - I can’t imagine what I’ll be like after two more years), but this sounds to me like a tactic to divert attention away from the internal enemies of America who are trying to destroy us.
What i really want to know is where the money went in the first bailout.
According to Rush, 75% of the stimulus Wisconsin recieved went to “Infrastructure and education” a.k.a. Unions. Once laundered, I believe the taxpayers are paying for all these worldwide union revolts. We seem to be funding our own demise.
Bill Gertz also wrote about this report in The washington Times and was discussed here this morning.
http://www.freerepublic.com/focus/f-news/2681747/posts
Like many other people here on FR, you are not bothered with the fact that your falsehoods are the same as those promulgate by Marx, Hitler, Mussolini and now our own Left, do you?
Hitler claimed that financiers started WW I -- it was profitable for them -- and made Germany lose that war --- that too was profitable. Never mind logic (instability of any kind has always been the worst enemy for a financier) or facts. Every German knew that Hitler was right; no proofs were necessary.
The same was said in the Soviet Union: all wars --- WW II, in Korea, in Vietnam, in the Middle East --- are started by the capitalists and especially the financiers. And all Soviet people knew that to be true and never asked for proofs.
You too repeat the same garbage. And you too just know it to be true.
Well it is your moment in history, enjoy; you have great many kindred souls --- all those that swallowed and repeat commie propaganda and yet think of themselves as conservatives. The commie in the White House agrees with you completely and thanks you for doing his dirty work.
I thought so too. Some political hack writing this for some unknown reason -- I'd understand that. But Pentagon?
And just what do you think a synthetic CDO is?
Who wrote it? Who SOLD IT? And who bought it?
This really makes me wonder.
“Like many other people here on FR, you are not bothered with the fact that your falsehoods are the same as those promulgate by Marx, Hitler, Mussolini and now our own Left, do you?”
BTW, you lost: Godwin’s Law.
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