[jonKranked]

...tried claiming that a terrorist organization secretly orchestrated the whole economic meltdown.

 

[Westy]

Well Bin Laden's goal was to take down the US and western world financially. The war in Afghanistan and Iraq were a direct result of 9-11. The wars caused deficit spending in times of growth and limited the effectiveness of the US government to control a downturn. So in a way, yes they did.

 

[$tinkle]

the only auslanders who have enough capital to manipulate portions - and only portions - of the market are too heavily vested.

as always, we are our own worst enemy

 

[jonKranked]

Well Bin Laden's goal was to take down the US and western world financially. The war in Afghanistan and Iraq were a direct result of 9-11. The wars caused deficit spending in times of growth and limited the effectiveness of the US government to control a downturn. So in a way, yes they did.

Albeit in a totally roundabout way. Quick, someone find the link between Madoff and the Taliban!



Or maybe they just want everyone living in sh*tty caves.

 

[stoney]

IT would take a LOT of money to do that. I've made a few posts about how one could *easily while using a few legal (and some illegal, but not enforced) trading strategies take down a few major companies.
Go look up negative basis trades and once you stop swearing, let us know what you think.

 

[MountainDrew]

Madoff?

 

[X3pilot]

As close as I can come to one:

Reporter Warns Staged Financial Crisis Part Of Fascist Coup

Alexandrovna compares the current manufactured crisis to the now infamous "Business Plot" of 1933, a previous attempt at an outright coup in order to install fascism in America. This treasonous plot was so called because the high-level plotters, including Prescott Bush, the current president's grandfather, were Wall Street men who openly supported fascism.

The coup attempt came to light one year later in 1934, when General Smedley Butler informed the Congress that a group of wealthy industrialists had attempted to get on side high ranking military figures in order to overthrow the government of President Franklin D. Roosevelt.

"It seems this time around, the Bush family is trying the more subtle approach to open bloodshed: first create a crisis, then under the guise of addressing that crisis, overthrow democracy. Yes, it does sound terribly conspiracy-theory-esque when explained just this way. But what else does one call a criminal conspiracy to destroy Congressional powers permanently, alter Judicial powers permanently, and steal public funds?" Alexandrovna writes.

(yes, I know Bush is not the current President, was written Sep 08)

Pretty tin foil hattish I think...

 

[dante]

IT would take a LOT of money to do that. I've made a few posts about how one could *easily while using a few legal (and some illegal, but not enforced) trading strategies take down a few major companies.
Go look up negative basis trades and once you stop swearing, let us know what you think.

At the very worst, they could have given the nudge to start the ball rolling down the cliff. We've been so far upside down on the whole leveraged debt thing that we were bound for this at some point or another.

 

[sanjuro]

I hear terrorists have bad credit. Maybe we shouldn't have given mortgages to them.

 

[stoney]

At the very worst, they could have given the nudge to start the ball rolling down the cliff. We've been so far upside down on the whole leveraged debt thing that we were bound for this at some point or another.

Sometimes a strong nudge is all that's needed though...

 

[X3pilot]

Good for new and exciting CTs

http://cynicuseconomicus.blogspot.com/

My favorite made up one is the economic crisis has been perpetuated to fulfill Obama's desire to be the next FDR. hahaha.

Tied with this, makes the tinfoil tingle:

"the high risk posed to polio-free areas by the continuing polio epidemic in west and central Africa"

 

[MikeD]

I hear terrorists have bad credit. Maybe we shouldn't have given mortgages to them.

Well, it WAS before the Afghan Cave Bubble burst so unexpectedly...

 

[Inclag]

Patrick Byrne, the CEO of Overstock.com has alluded to some similar thoughts well before the financial meltdown. His blog/website is a pretty darn interesting read.

http://www.deepcapture.com/