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Was financial meltdown the result of economic terrorism ?
Hot Air ^ | March 01, 2011 | ED MORRISSEY

Posted on 03/01/2011 6:34:22 PM PST by RobinMasters

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 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.”

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: 200809; 20080915; 2008meltdown; 2009; blackhelicopter; economics; economicterrorism; economicwarfare; freeman; kevindfreeman; kevinfreeman; meltdown; mortgagecrisis; tinfoilhat
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To: ri4dc
people have been calkling economic terrorism since it happened! look.. hotair

How can you not make the case for a conspiracy on this?

Economic terrorism against the United States.

Chakra Hammer on September 29, 2008 at 6:33 AM

21 posted on 03/01/2011 7:16:57 PM PST by BobSimons
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To: HiTech RedNeck

very true..bet their kids college funds didnt go down the tube with grandma’s small fund. looking for a repeat soon.


22 posted on 03/01/2011 7:21:51 PM PST by dalebert
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To: RobinMasters

Thanks for finding that.
________________
Here is a transcript of what Rep Kanjorski says in the video:

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.

The treasury tried to help with $150 Billion.

But could not stem the tide.

It was an electronic run on the banks

The treasury intervened but had they not closed down the accounts they estimated that by 2 PM that afternoon. Within 3 hours. $5.5 Trillion would have been withdrawled and collapsed and within 24 hours the world economy.


My only two questions would be, why then ?!?; and WHO’s accounts were ‘closed down’ ?!? I seriously doubt I’ll ever know the answers to these simple questions, but it would be nice if SOMEBODY with subpoena power would try to find out, eh?


23 posted on 03/01/2011 7:23:52 PM PST by ri4dc (Cut your cable, Break Wind for the TSA, Flush Twice in 2012, and STOP ROTUS Now!)
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To: dalebert

Sabotagers probably wouldn’t want to embarrass a Democrat president. That doesn’t mean the market could not go way south of its own accord, due to such things as losing a major chunk of global oil production to Mideast unrest.


24 posted on 03/01/2011 7:26:44 PM PST by HiTech RedNeck (Hawk)
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To: jnsun

Bush was either naive or mistaken in many of his appointments. His Treasury Secretery, Paulson, was the former CEO of Goldman Sachs, and was basically working with the Democrats in congress and with Obama.

So, yes, it started under Bush.

Bush did try to repeal or revise CRA and rein in Fannie and Freddie, but he didn’t try hard enough or go public enough. The Democrats basically rode all over him.


25 posted on 03/01/2011 7:29:05 PM PST by Cicero (Marcus Tullius)
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To: RobinMasters
Soros with cover thrown by Obama and crew.
26 posted on 03/01/2011 7:30:30 PM PST by JSteff ((((It was ALL about SCOTUS. Most forget about that and HAVE DOOMED us for a generation or more.))))
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To: RobinMasters

Yes. I think it was.


27 posted on 03/01/2011 7:45:05 PM PST by allmost
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Economic Terrorism

Barney Frank, Chris Dodd, Maxine Waters, Obama, Franklin Raines, Gorelick, (lots of Dems that blocked the Fannie/Freddy reform legislation in committee), its to much of a conspiracy to just be negligence and ignorance.


28 posted on 03/01/2011 7:49:10 PM PST by BobSimons
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To: BobSimons

I want to see congressional commissions into this, NOT just this report that i think is just Puff&FLUFF and puts Obama out of reach, we need Obama to answer for his Freddy/Fannie dirty dealings.


29 posted on 03/01/2011 7:52:17 PM PST by BobSimons
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To: BobSimons
Lehman Brothers: Obama’s Rezko-Auchi conflict of interest

Dont forget about Lehman..

30 posted on 03/01/2011 7:55:14 PM PST by BobSimons
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To: RobinMasters

Wall Street’s Collapse to Be Mystery Forever

http://www.bloomberg.com/news/2011-01-28/wall-street-s-collapse-to-be-mystery-forever-commentary-by-jonathan-weil.html


31 posted on 03/01/2011 8:05:51 PM PST by FromLori (FromLori">)
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To: BobSimons
Chakra Hammer on September 29, 2008 at 6:33 AM

WTH is Chakra Hammer, what did he or she do on Sept. 29 at 6:33 AM (exactly?), and why do I care?

Please don't be so elliptical and cryptic. It's annoying.

32 posted on 03/01/2011 8:45:44 PM PST by lentulusgracchus (Concealed carry is a pro-life position.)
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To: lentulusgracchus

dont know, but the person called economic terrorism before the election.


33 posted on 03/01/2011 9:02:51 PM PST by BobSimons
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To: RobinMasters; Freee-dame; ri4dc

http://www.freerepublic.com/focus/f-news/2682158/posts


34 posted on 03/01/2011 9:12:22 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: HiTech RedNeck

Looks to me like Iraq is being surrounded and it doesnt look like the communist democrats here mind economy going south. We are already slaves to the politicians.


35 posted on 03/02/2011 2:47:30 PM PST by dalebert
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