Financial terrorism suspected in 2008 economic crash

Discussion in 'Economy' started by Jroc, Mar 2, 2011.

  1. Jroc
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    Jroc יעקב כהן Supporting Member

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    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

    Financial terrorism suspected in 2008 economic crash - Washington Times
     
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  2. uscitizen
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    uscitizen Senior Member

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    LMAO
    good one there, thanks.
     
  3. skeptic
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    skeptic BANNED

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    taking epic fail to new lows.
     
  4. The Infidel
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    The Infidel EVIL CONSERVATIVE

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  5. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    Prove it wrong.... :doubt:

     
  6. Jroc
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    Jroc יעקב כהן Supporting Member

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    They won't because they can't, it's easier for them to believe that we went to war for oil then to believe that we could be attacked in this way. This is just as possible scenario, and for anybody to just dismiss it out of hand seems a blind to me.
     
  7. skeptic
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    skeptic BANNED

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    You can't prove a negative. YOU can't even prove that the financial crisis wasn't caused by YOU.

    But the suggestion that terrorism or hostile nations were significant contributors to the current economic abyss is childish and silly. We already know who caused this.

    Oddly much of the world actually can claim that a hostile USA caused their economic shock. It was our subprime fraud that got the ball rolling.
     
  8. william the wie
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    william the wie Gold Member

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    Judging from only the declassified portion of the report this scenario is BS and it is everywhere on the internet. There may be some reality covered up in the classified section of the report but speculation on that is just speculation.
     

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