Pentagon Study Eyes Financial Terrorism As Having Hand in 2008 Economic Collapse

Yup, there were a lot of factors which contributed to the crash.  However, the biggest problem was the enervated state of our economy which was brought about by governmental rules and regulations.  Once the enemies of capitalism saw a weakened economy, they sprang into action.  It’s kind of akin to a predator who watches a herd for any signs of weakness;  once a weak or sick animal is spotted amongst the herd, the predators attack, en masse :

Financial terrorism suspected in 2008 economic crash
Pentagon study sees element

By Bill Gertz – 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.”

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.

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Explore posts in the same categories: business, Economics, Economy

7 Comments on “Pentagon Study Eyes Financial Terrorism As Having Hand in 2008 Economic Collapse”

  1. tgusa Says:

    The old reliable, terrorism! DC has set about dismantling the USA and this latest round really began with the first Bush. Nothing works in the country anymore, it has been designed that way. Our jobs and companies were not lost they were regulated away, destroyed by DC, you will notice that the richest areas of the country are now circled around DC, no coincidence. The truth is most everyone agrees that DC is responsible for the vast amount of terrorism, financial, religious and otherwise, against American citizens. We only disagree on the methods involved.

  2. tgusa Says:

    The only good to come out of all of this is DC will have fewer assets to sell off to our enemies. As our influence diminishes and the Red Chinese take over do people really expect them to be civic minded benevolent multicultural non nationalists? LOL. IMHO, the pentagon is bitterly clinging to the old America and that America has been changed. We may change back but until then they really need to understand and accept their diminished role in the world.

  3. PB-in-AL Says:

    “…suggests that financial subversion carried out by unknown parties…”

    Gee — ya’ think?!

    Anyone with three brain cells who had read about the millions of dollars all of a sudden being siphoned off came to this conclusion in 2008…

    Thanks for catching up.

  4. Leatherneck Says:

    I bet the unknown parties gave to DaOne’s election.

  5. tgusa Says:

    We are in this predicament primarily because this guy has been in charge of US policy for quite awhile now.


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