Posted on 03/01/2011 6:12:36 AM PST by KosmicKitty
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.
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.
While economic analysts and a final report from the federal government's Financial Crisis Inquiry Commission blame the crash on such economic factors as high-risk mortgage lending practices and poor federal regulation and supervision, the Pentagon contractor adds a new element: outside forces, a factor the commission did not examine.
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.
Suspects include financial enemies in Middle Eastern states, Islamic terrorists, hostile members of the Chinese military, or government and organized crime groups in Russia, Venezuela or Iran. Chinese military officials publicly have suggested using economic warfare against the U.S.
(Excerpt) Read more at washingtontimes.com ...
I downloaded the report done for the DOD but it’s 111 pages & I have a paper to write for class tonight so I won’t be getting it read today.
As I posted on the other thread on this topic, to be a player on the world stage, a country needs 4 things:
1) A strong military
2) A strong economy
3) Access to natural resources
4) Access to technology
With 3 down, we’re not looking so good, no matter who’s to blame.
LOL
When one looks for blame for the crash, look no further than the insolvent US citizen.
Thursday, October 28, 2010 Federal Reserve Asks Primary Dealers How Much QE2 They Would Like
So, I guess the 2008 economic collapse was not Bush’s fault after all? Then that makes all of obama’s statements blaming Bush false on their face!
The US financial crisis began more than a year earlier.
Yeah...it started in 2006 when the Democrats assumed Congress and the power of the purse.
How on Earth would American Muslims engineer a financial meltdown when they have very very little influence in American finance and Wall Street in general.
Having people in homes they could not afford “the ownership society” that Dubya and Rove pushed, is what caused the collapse.
I am curious to hear your theory
How on Earth would American Muslims engineer a financial meltdown when they have very very little influence in American finance and Wall Street in general.
Having people in homes they could not afford “the ownership society” that Dubya and Rove pushed, is what caused the collapse.
I am curious to hear your theory
How on Earth would American Muslims engineer a financial meltdown when they have very very little influence in American finance and Wall Street in general.
Having people in homes they could not afford “the ownership society” that Dubya and Rove pushed, is what caused the collapse.
I am curious to hear your theory
Gosh I’d really have to rummage back through stuff and last time I checked lots of links were gone/scrubbed already...
...but ...yeah I said this way, way back.
The crash was several years in the making and as far as I researched at the time the folks had one thing in common with 9/11. Their nationality.
Having a Glenn Beck moment here!!!
The economic collapse of 2008 was caused by 2 things.
1. Gas prices hit all time highs thanks to speculators (Soros & Co.) and our friends in the middle east.
2. Thousands of home owners that were given sub prime loans that they couldn’t afford by Freddie and Fannie defaulted because they couldn’t pay their mortgage and the High energy (gas) prices.
I fully believe that the 2008 collapse was perpetrated on us by anti-Bush and anti-American interests. Now those interests are in control and pressing home their attack on our way of life.
Have a nice day.
This event has caught the attention of a real reputable journalist. I read the Wash Times because they run stories that all the rest of the papers/tv won’t. LOTS of interesting things going on. Bill Gertz usually covers stories dealing with national defense and the military. Doesn’t make stuff up like the rest of them.
Hope he continues to get to the bottom of this.
Neither did Kanjorski.
WORTH REPEATING.
MARK
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