Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Secret Weapon: How Economic Terrorism Brought Down the U.S. Stock Market and Why It Can Happen Again
The Heritage Foundation ^ | 12 April 2012 | Kevin Freeman

Posted on 04/13/2012 5:38:43 AM PDT by LSUfan

(Video of entire presentation at link)

Who’s really to blame for America’s catastrophic financial meltdown and devastating national recession? Contrary to what the “Occupy Movement” might tell you, it’s not greedy Wall Street executives. No, as one of America’s top financial professionals Kevin Freeman reveals in his new book, the real culprit is economic warfare, with our foreign enemies exploiting our lurking financial weaknesses. In Secret Weapon, Freeman unveils how all the evidence – including motive, means, and opportunity – points to America’s foreign enemies as deliberately pushing our economy over the brink. He argues that our financial system is profoundly vulnerable to financial terrorism, and that we are being targeted for further and even more destructive attacks by our enemies, who want to cripple America as the world’s leading economy.

Kevin D. Freeman, CFA, is the founder and CEO of Freeman Global Investment Counsel. In 1990, he wrote a business plan for Sir John Templeton and was hand-picked by him to help build the Templeton Private Client group, which managed nearly $2.5 billion in global markets within a decade. One of the world’s leading experts on economic warfare and financial terrorism, Freeman authored the report “Economic Warfare: Risks and Responses” for the Department of Defense in 2009 and has briefed members of Congress, U.S. Senators, and past and present members of the CIA, DIA, FBI, SEC, Homeland Security, Justice Department, and state and local law enforcement.

(Excerpt) Read more at heritage.org ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; War on Terror
KEYWORDS: islam; jihad; stockmarket; terrorism
(Video of entire presentation at link)

http://www.heritage.org/events/2012/04/secret-weapon

1 posted on 04/13/2012 5:38:54 AM PDT by LSUfan
[ Post Reply | Private Reply | View Replies]

To: LSUfan
In Secret Weapon, Freeman unveils how all the evidence – including motive, means, and opportunity – points to America’s foreign enemies as deliberately pushing our economy over the brink.

Seems to me that our political leaders are more than capable of wrecking our economy without any foreign help. The common denominator in the financial meltdown is debt, both current and projected. And no one in power seems to be willing to address that seriously.

2 posted on 04/13/2012 5:41:31 AM PDT by dirtboy
[ Post Reply | Private Reply | To 1 | View Replies]

To: dirtboy
...Freeman unveils how all the evidence – including motive, means, and opportunity – points to America’s foreign enemies as deliberately pushing our economy over the brink.

Democrats would benefit from an economic collapse... allows them more control.

3 posted on 04/13/2012 5:50:45 AM PDT by GOPJ (Hoodies - because you can't kill a security camera for snitchin' - - freeper tacticalogic)
[ Post Reply | Private Reply | To 2 | View Replies]

To: dirtboy

Heritage overlooks the obvious.
The entire fiasco was the result of the Community Reinvestment Act.


4 posted on 04/13/2012 5:51:29 AM PDT by Eric in the Ozarks
[ Post Reply | Private Reply | To 2 | View Replies]

To: dirtboy
...Freeman unveils how all the evidence – including motive, means, and opportunity – points to America’s foreign enemies as deliberately pushing our economy over the brink.

Democrats would benefit from an economic collapse... allows them more control. Besides, elites not only ride out these kinds of messes, they often profit from them.

5 posted on 04/13/2012 5:52:52 AM PDT by GOPJ (Hoodies - because you can't kill a security camera for snitchin' - - freeper tacticalogic)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Eric in the Ozarks
I really can't blame it all on CRA. CRA laid the foundation, but there were many, many factors beyond CRA that led to the meltdown. Cheap money Fed policies. A widespread notion that systemic risk was a thing of the past. Massive amounts of debt around the globe. Fiscal policies that encourage bubble after bubble. And don't forget CFMA, which exempted Credit Default Swaps from any kind of regulation.

And that's just starting to name all of the culprits. There also are millions of individual culprits, namely folks who bought far more house than they logically could afford - and were enabled by the brain-dead mindset that took over the political, regulatory and financial sectors.

6 posted on 04/13/2012 5:55:40 AM PDT by dirtboy
[ Post Reply | Private Reply | To 4 | View Replies]

To: LSUfan

bookmark 4 l8tr


7 posted on 04/13/2012 5:57:25 AM PDT by swamprebel (Where liberty dwells, there is my country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LSUfan
George Soros really gets around.
8 posted on 04/13/2012 6:00:51 AM PDT by shove_it (just undo it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LSUfan

Socialism always collapses but what happened in 2008 wasn’t just natural results of socialism, it was something else. The fact that Obama benefited from it has never been addressed, along with his eligibility, his citizenship, his college records, his SS number, his draft registration.........
Wait a minute....


9 posted on 04/13/2012 6:19:27 AM PDT by vanilla swirl (searching for something meaningfull to say)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LSUfan
This is at least the third time we've had an orchestrated recession and each one proceeded a terrorist attack/attempted attack which were all designed as attacks against the economy.

The 1st WTC bombing in 93 was an attack against the economy and was proceeded by an orchestrated recession.

The 9-11 terrorist attack was an attack against the economy and was proceeded by an orchestrated recession.

The 2008 collapse was orchestrated and low and behold there was a terrorist attack planned for NY subway system which would have shut down NY, thus an attack against the economy.

Not only was there orchestrated recessions prior to these attacks/attempted attacks, the left also ginning up civil unrest prior to the attacks.

The exact same thing is taking place right now.

We're getting an orchestrated economic collapse and the left is ginning up civil unrest.

You can bet there is a terrorist attack coming down the pike.

10 posted on 04/13/2012 6:27:22 AM PDT by IMR 4350
[ Post Reply | Private Reply | To 1 | View Replies]

To: LSUfan

By ‘07 US markets were a huge zit - just waiting to burst.
Funnily enough the move that triggered the burst was Bush offering tax subsidies for bio-fuel.

I’m not saying that this caused the bubble, or that markets hadn’t been rotting throughout the Greenspan era; just that the ensuing food price inflation triggered worries about the Chinese economy which, then as now, was seen as growth’s last hope.

From that point on there was no Goldilocks scenario.


11 posted on 04/13/2012 6:33:43 AM PDT by Vide
[ Post Reply | Private Reply | To 1 | View Replies]

To: LSUfan

Quite telling that this comes from the Heritage Foundation and not Alex Jones or World Nut Daily.


12 posted on 04/13/2012 6:38:43 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: Eric in the Ozarks

Exactly spot on, Morgage Back Securities, and everybody knew they would crash at some point.


13 posted on 04/13/2012 6:38:51 AM PDT by reefdiver ("Let His day's be few And another takes His office")
[ Post Reply | Private Reply | To 4 | View Replies]

To: LSUfan

Long but very good and important viewing. Bookmarked the site. Naked short selling laws are NOT being enforced. THat’s only one point...I’m so sick of market manipulation..the honest investor doesn’t have very much of a chance anymore.


14 posted on 04/13/2012 6:47:14 AM PDT by SueRae (Tale of 2 Towers - First, Isengaard (GOP-e), then, the Tower of Sauron on 11.06.2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IMR 4350

I know nothing about the economy but other observable phenomena convinced me that the 2008 run on the bank was the work of a communist-Islamist alliance headed by George Soros, and that the hold they have over Congress, the courts, military, media, and law enforcement is based on the threat that they can do it again if anybody angers them.

I felt like a fool initially, suggesting what seemed like such a crazy theory, but the more information comes out, the more the theory is vindicated.

What you’ve said provides further context and shows that the pattern is multiple threats - smaller threats such as race riots used to support the bigger threat of economic terrorism and physical terrorism.

I’ve said in various posts that the 3 threats I thought were in play for this election were 3 successively-worse scenarios: race riots, economic run on the bank to collapse the world economy, and an Iranian EMP attack (launched from Venezuela) to initiate the final communist-Islamist revolution to overthrow America.

The pattern that you’ve noted puts those into context. The plan could be all the above. That would just be what has been done in the past, only this time on steroids because we now have a foreign enemy combatant in our White House, controlling all the regulatory and enforcement bodies in this country - put there through the run on the bank and the threats on the media, judges, etc to make sure that Obama’s crimes and ineligibility were hidden.


15 posted on 04/13/2012 7:00:28 AM PDT by butterdezillion
[ Post Reply | Private Reply | To 10 | View Replies]

To: LSUfan

I recommend the book. It’s fascinating. The Kindle edition wasn’t expensive at all, and it’s a brisk read.


16 posted on 04/13/2012 7:25:15 AM PDT by backwoods-engineer (I will vote against ANY presidential candidate who had non-citizen parents.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: butterdezillion
I'm with you except with the EMP.

With an EMP you wouldn't need to crash the economy in advance and you wouldn't need to orchestrate race riots in advance like they are doing, an EMP would take care of both.

I predict there will be IED’s and car bombs used during and after the riots and there will be bombings against banks and other financial institutions. These bombings will be tied to foreign terrorist working with the militants instead of just domestic terrorist like the Weather Underground, which would make them acts of war.

With an act of war, federal troops will be in the streets under the presidents control, not national guard troops under the govs. control.

17 posted on 04/13/2012 8:03:33 AM PDT by IMR 4350
[ Post Reply | Private Reply | To 15 | View Replies]

To: IMR 4350

It all depends on how they want it to go down, which probably depends on what they think they could get away with. EMP might be a last resort.

I don’t know if we have enough federal troops in the country to take over the whole place. Martial law in just the major cities might not be enough to stop an election or to carry out a complete revolution.

If they wanted to do the complete revolution against an armed citizenry they’d have to use something like an EMP to cut off communications and get rid of the actual government in place at the time.

It depends on how quickly and how radically they want to do this, as opposed to a slower, sneakier approach.

In any event they’ve got lots of options, and we’ve got a hostage government taken over by a foreign enemy combatant who’s had 3 years to disable all the systems intended to protect us from him, so there’s nobody to protect us from ANY of these scenarios.


18 posted on 04/13/2012 8:48:41 AM PDT by butterdezillion
[ Post Reply | Private Reply | To 17 | View Replies]

To: butterdezillion
If they do it in a step by step steady progression a majority of the people, including a lot here at FR, would cheer them on not recognizing what's happening.

If you orchestrate race riots, people will cheer as the police are moved in to quell the riots.

When police can't do it alone, people will demand the governors send in national guard troops and cheer when they are sent in.

When the national guard troops come under attack from IED’s and it's learned the IED’s are the work of foreign terrorist working with the rioters, people will demand the Federal govt. take control of the situation and use the full power of thew military to stop the violence.

People will cheer as the military comes in to stop the violence.

This way they have a cover.

They didn't WANT to declare martial law, the people DEMANDED martial law be declared.

If their scam were to go south with them, yea I can see them stepping it up to an EMP.

19 posted on 04/13/2012 10:44:21 AM PDT by IMR 4350
[ Post Reply | Private Reply | To 18 | View Replies]

To: LSUfan

Sure. Our economic enemies burdened us with $10 Trillion in national debt (now $15 Trillion) and the rest of the world with unsustainable sovereign debt. Right. Sure. Sneaky, those economic enemies of ours, getting us to create the Federal Resevere back in 1913 and causing us to ramp out our national debt for 100 years just so we can collapse. My, they certainly were patient, those economic enemies of ours.

And no, I didn’t read the article yet. I’m just being snarky because of the absurdidty that some external force caused the economic collapse rather than 80 years of accelerating debt being unsustainable. So excuse me if I just laugh that one off.


20 posted on 04/13/2012 10:54:25 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IMR 4350

Exactly. That’s how I imagine the thinking might go.


21 posted on 04/13/2012 11:58:42 AM PDT by butterdezillion
[ Post Reply | Private Reply | To 19 | View Replies]

To: LSUfan
“They mention George Soros continually...they call him a financial terrorist.”
22 posted on 04/13/2012 2:19:46 PM PDT by Excellence (9/11 was an act of faith.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson