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Subject: 2008 Downturn Was Economic Warfare
earlm    3/1/2011 1:00:01 AM
h*tp://www.washingtontimes.com/news/2011/feb/28/financial-terrorism-suspected-in-08-economic-crash/?page=1 According to this article there is strong evidence that the downturn was turned from a normal recession to a near depression by either: 1. Russia 2. Islamists 3. China Is there any way to trace who was short selling and who pulled 500 billion from the US economy before trading was halted one day?
 
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VelocityVector       3/1/2011 1:44:25 AM

Is there any way to trace who was short selling and who pulled 500 billion from the US economy before trading was halted one day?

Technically, yes, if the government tasked the resources based on national security grounds.  But as the article itself notes, the government hasn't been and it isn't allocating those resources.  Else the court orders would be leaking out already.  The effort would be Herculean in any event and, at the end of the day, were the trail to lead conclusively to a foreign power and its executive what, if anything, *would* we do about the event?  (A stern talking-to at best after all that expenditure.)  The root problem is the Wall Street casino and its counterparts, "dark" money, businesses too large to fail, and the interlocks with government leadership that have led us to a point in our history where nobody knows, and few desire to know, and those who do desire to know are neutered, what actually occurs within the international financial webwork we are living in. 0.02

v^2

 
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VelocityVector       3/1/2011 1:46:26 AM
p.s. I never, ever wish to see somebody utilize the adjective "transparent" in this context again.  Myth.
 
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Nanheyangrouchuan       3/1/2011 1:56:03 PM
Trying to find the actual, guilty parties will be about as successful as finding the people or groups who shorted airline stocks just before London, NY and HK markets closed on Sept 10, 2001.
 
Suffice to say that there may have been economic warfare involved, but as V^2 said, much of this was built in greed, stupidity and worshiping of big corporations and big banks.  Bernie Madoff's daughter being married to the #2 SEC guy is a glaring example of the problem and a very ancient strategy to get inside access.  And Madoff is right that much of Wall St. had to know what he was up to because they handled his transactions.
 
He is in jail and others are not.
 
We overextended ourselves, got caught off guard and got punched hard.  Ironically, the world got what it wished for, a weak US economy, which has dragged down everyone else.  The EU has failed and China is caught between a financial rock and a hard place.
 
 
 

 
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