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Keyword: 2008meltdown

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  • Was financial meltdown the result of economic terrorism ?

    03/01/2011 6:34:22 PM PST · by RobinMasters · 34 replies
    Hot Air ^ | March 01, 2011 | ED MORRISSEY
    Pajamas Media gives an exclusive look at an analysis prepared for the Department of Defense’s Irregular Warfare Support Program (IWSP) by Cross Consulting and Services in 2009 that alleges that the economic meltdown in 2008 was no accident. Kevin Freeman argued that a run-up of speculation by sovereign-wealth funds created a bubble in the oil industry that allowed bear raids on American financial institutions, using credit swaps and other non-regulated investment instruments to crash the US financial system. Bill Gertz reported on the analysis today for the Washington Times: Evidence outlined in a Pentagon contractor report suggests that financial subversion...
  • The economic crisis was an 'inside job'

    10/13/2010 6:35:54 AM PDT · by Sakity Yaks · 63 replies
    The Washington Post ^ | 8/13/10 | Kathleen Parker
    If you haven't been humming tunes from "Les Misérables," you haven't seen "Inside Job," the new documentary about how our economic crisis evolved. The most forgiving American will want to seize a pitchfork and march on Wall Street. Or Harvard Square. Or in front of the White House. There are so many despicable parties, it's hard to pick a favorite. Is it time to reconsider the Axis of Evil? The film, written and directed by Charles Ferguson (and narrated by Matt Damon), will be opening in select cities this week. Although much of the story is familiar, Ferguson manages to...