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Government Officials Say 9/11 Was State-Sponsored Terrorism … But Disagree About WHICH Nation Was Behind Attacks

George Washington's picture




 

In December, an American court entered a default judgment against Iran for allegedly having a hand in the September 11th attacks. 1

On the other hand, a 9/11 Commissioner and the Co-Chair of Congressional Inquiry into 9/11 both say in sworn declarations that the Saudi government is linked to the 9/11 attacks. 2

Then again, right after 9/11, Bush, Cheney and Rumsfeld accused Iraq of having a hand in the attacks.

People may not remember now, but – at the time – the supposed Saddam-9/11 link was at least as important a justification for the Iraq war as the alleged weapons of mass destruction. 3

Of course, the Afghanistan war was largely based upon the allegation that the leaders of that country – the Taliban – had harbored Bin Laden and other Al Qaeda terrorists. In other words, the U.S. government treated Afghanistan as being complicit in 9/11 by giving refuge to the 9/11 attackers. 4

At a minimum, America unintentionally created an atmosphere in which Al Qaeda terrorists could thrive. But numerous former U.S. military and intelligence officers think that rogue elements within the U.S. government intentionally allowed or facilitated the attacks.

A government official told Fox News:

Evidence linking these Israelis to 9/11 is classified. I cannot tell you about evidence that has been gathered. It’s classified information.

Israelis were clearly spying on the 9/11 hijackers within America before 9/11. See this, this, this, this and this.

While many people say that Israel only spied on the hijackers – and didn’t withhold actionable intelligence from the U.S. government – others, including some former military officials (like this guy), allege that Israel withheld information from the U.S. or even had a hand in the attacks, pointing to suspicious activities regarding moving vans and explosives on 9/11. See this, this, this, this and this.

What does this mean? We don’t know for sure which nation or nations backed the 9/11 terror attacks.

But as the Co-Chair of the Congressional Inquiry into 9/11 and former Head of the Senate Intelligence Committee Bob Graham told PBS Newshour in 2001, 9/11 was state-sponsored terrorism, and it is vital for America’s national security that we get to the bottom of who the backing country was (and whether more than one country was involved):

 

[Question]: Senator Graham, are there elements in this report, which are classified that Americans should know about but can’t?

 

SEN. BOB GRAHAM: Yes … I was surprised at the evidence that there were foreign governments involved in facilitating the activities of at least some of the terrorists in the United States.

 

I am stunned that we have not done a better job of pursuing that to determine if other terrorists received similar support and, even more important, if the infrastructure of a foreign government assisting terrorists still exists for the current generation of terrorists who are here planning the next plots.

 

To me that is an extremely significant issue and most of that information is classified, I think overly-classified. I believe the American people should know the extent of the challenge that we face in terms of foreign government involvement. That would motivate the government to take action.

 

[Question]: Are you suggesting that you are convinced that there was a state sponsor behind 9/11?

 

SEN. BOB GRAHAM: I think there is very compelling evidence that at least some of the terrorists were assisted not just in financing — although that was part of it — by a sovereign foreign government and that we have been derelict in our duty to track that down, make the further case, or find the evidence that would indicate that that is not true and we can look for other reasons why the terrorists were able to function so effectively in the United States.

 

[Question]: Do you think that will ever become public, which countries you’re talking about?

 

SEN. BOB GRAHAM: It will become public at some point when it’s turned over to the archives, but that’s 20 or 30 years from now. And, we need to have this information now because it’s relevant to the threat that the people of the United States are facing today.

Notes:

1 The 9/11 Commission Report states:

We have found no evidence that Iran or Hezbollah was aware of the planning for what later became the 9/11 attack.

The same lawsuit had previously named Iraq as a culprit, but dismissed Iraq when it became obvious there was no connection (see note 3).

A default judgment – such as the one against Iran – means that the defendant doesn’t appear in court, and so does not present a defense or contrary evidence. The judge instead often accepts virtually whatever the plaintiff claims, without examining or considering any contrary evidence.

2 The 9/11 Commissioner and the Co-Chair of Congressional Inquiry into 9/11 who say that Saudi Arabia is behind the 9/11 attacks are calling for either a “permanent 9/11 commission” or a new 9/11 investigation to get to the bottom of it.

3 This claim that Iraq is linked to 9/11 has since been debunked by the 9/11 Commission, top government officials, and even – long after they alleged such a link – Bush and Cheney themselves.

4 The Taliban allegedly offered to hand over Bin Laden to the U.S., but the U.S. refused the offer, and started bombing instead.

 

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Tue, 09/11/2012 - 08:23 | 2781163 The Continental
The Continental's picture

Israeli Mossad did 9-11 with complicity of elements within the US administration (i.e Cheney et al.). All the evidence is collected here:

http://gold-silver.us/forum/showthread.php?23130-The-quot-Israel-did-9-11-quot-Thread

Tue, 09/11/2012 - 02:16 | 2780885 Clashfan
Clashfan's picture

This courageous and important piece disappeared far too quickly from the top of ZH.

Mon, 09/10/2012 - 22:34 | 2780614 Clashfan
Clashfan's picture

GW, have you seen this yet? Russo comes off as very credible to me. I want to say (but am not sure) that he knew he was dying when he made this video.

I am giving you the link to the long version. But you can search YT and see the shorter, meatier versions of the interview. I just figured, since you are into careful research, that you would want to see the whole thing and get an idea of who Russo was.

But he had advanced knowledge from Nick Rockefeller about 911.

Americans, Israelis, and probably British MI6 (though I haven't seen evidence of the last of the three).

Anyway, whether the British MI6 were involved is largely irrelevant. We KNOW Americans had to be involved, and the evidence against Izrahole is pretty thick indeed.

GW, watch this video or a shorter version if you haven't yet seen it.

http://www.youtube.com/watch?v=N3NA17CCboA

Mon, 09/10/2012 - 22:42 | 2780627 Clashfan
Clashfan's picture

"The real problem is the bankers and the banking industry."--Russo

"Shut down the Federal Reserve system, and eventually you won't have to pay those taxes anymore."--Russo

This guy is great. Judge his credibility for yourself.

Bottom line, Nick Rockefeller TOLD HIM that there "will be an event."

He TOLD HIM that US soldiers would be looking for people in caves on the other side of the earth, for terrorists that don't even exist, and laughed.

Of course, he goes into a lot of other Rockefeller secrets, too. It's just a great interview. If you haven't seen it, you're missing a lot. Please look.

If you want to get to the 911 meat quickly before you watch it all, 22 min is a good place to start. Hope you enjoy it.

Mon, 09/10/2012 - 22:46 | 2780629 Clashfan
Clashfan's picture

What gets me is that people say that they can't believe the 911 truth (conspiracy theory, whatever) because insiders haven't spoken out and no one could keep this secret. The TRUTH is that many insiders are speaking out. Open your eyes and ears, non-believers. It's freaking important.

Plenty of insiders in the JFK hit have spoken out, too.

Mon, 09/10/2012 - 21:51 | 2780522 Clashfan
Clashfan's picture

GW, I see good evidence that you are indeed redeeming yourself for your previous 911 post which enraged me. Thanks, and thanks for patiently explaining your "target audience" softness.

This one's for you. It's a redemption song.

It's worth waiting for the stupid commercial. If it's slow loading, back it up a bit, and it works fine.

How long shall they kill our prophets while we stand aside and look?

Help me sing this song of freedom.

I miss Joe Strummer and get choked up every time I hear his last, great work. Yeah, this is a cover, but....

Redemption song for you GW. TY for this post.

https://www.youtube.com/watch?v=F10tP5HIpaA

Mon, 09/10/2012 - 21:50 | 2780517 q99x2
q99x2's picture

Everyone knows Cheney masterminded the 9/11 attack but no one has been able to find a government to prosecute him.

Tue, 09/11/2012 - 05:43 | 2780980 Gadfly
Gadfly's picture

A crime on top of a crime.

Mon, 09/10/2012 - 22:14 | 2780507 Money 4 Nothing
Money 4 Nothing's picture

18 out of the 19 Hi-Jackers that morning were from Saudi Arabia. Army War College already determined The Israeli Intelligence Community of Mosad was behind 9/11. Any other questions?

 

http://thewebfairy.com/killtown/911smokingguns.html

 

Lid blown off 9/11 by Veterans Today. http://www.veteranstoday.com/2012/09/07/911-truth-will-out-the-vancouver-hearings-i/

 

 

Other notable conflicts:

No evidence that a “747 hit the Pentagon” story later disappeared after live coverage. http://www.freedomfiles.org/war/Cnn[1].Pentagon.Jamie.Mcintyre.swf .

 

Bureau of Transportation Statistics never recorded Flight 77 to be “wheels up” on 2001-9-11.  www.bts.gov/gis/   It is posted as a “cancelled flight” on the DOT records, all other flights reflect cancelled after 09:25 due to a National no fly zone was declared.

 Flight 77 never even took off on the morning of 9/11, confirmed through NTSB and BTS. Just to be perfectly clear, 9/11 was a necessary evil that served many means to an end, just not in the benifit of We the People. 9/11 was NOT an inside job, it was a contracted job. 

 

 

God Bless all those who lost that fatefull day, were still in the trenches to get justice for your loss.

Building 7 is one of the smoking guns of 9/11.

http://www.youtube.com/watch?v=k2Trj_5J02k&feature=related

If you still deny after that video, you deserve whatever you get for being ignorant or your part of the problem.

 

 

 

 

Mon, 09/10/2012 - 21:05 | 2780428 tony bonn
tony bonn's picture

all public pronouncements from the usa government about the 9/11 attacks are damned lies. read jim marrs' revised book on the subject.

rogue agents do not have access to nuclear weapons! rogue agents do not have access to brand newly invented nanothermite. rogue agents do not share their plans with wirth walker iii and his wife, or with nick rockefeller and his axis of evil clan.

no! 9/11 was sponsored by the bush crime syndicate and orchestrated through the cia, mossad, and the DATABASE!!!!!!!

iran and iraq had nothing to do with 9/11. saudi arabia and bandar bush did though!! and according to jim willie, bandar bush just might be dead. hope that he is.

crimes of this magnitude, just like the murder of john kennedy, require a coalition of the willing, and that, as eisenhower warned us, was the military industrial complex establishment leaders headed by the likes of prescott bush, george bush sr, averell harriman, john dulles, and many other well respected murderers, today replaced by the neocons.

Mon, 09/10/2012 - 21:56 | 2780534 Implicit simplicit
Implicit simplicit's picture

The thermite dynamite collapsing of the towers and building 7 should be brought before the public eye. people do not want to know the truth. It hurts too much. The whole thing stinks of a massive goverment cover-up.

Mon, 09/10/2012 - 21:40 | 2780509 steelrules
steelrules's picture

+100

Mon, 09/10/2012 - 20:52 | 2780408 Heyoka Bianco
Heyoka Bianco's picture

It was the fuckin' Canadians. Look how they're all massed on that sieve called the northern border. If they hadn't been distracted by the imminent start of hockey season, all us Muricans would be working in the maple syrup mines.

Tue, 09/11/2012 - 00:13 | 2780783 Clashfan
Clashfan's picture

Can't agree w/all of it, Hannibal, but a lot of that link looks pretty good. Scanned it fairly well, will try to watch it all later. TY. Had not seen this one yet. :)

Mon, 09/10/2012 - 19:50 | 2780270 luna_man
luna_man's picture

 

 

Gee, I can't remember when I shot this many red arrows!...Next!!

Mon, 09/10/2012 - 19:29 | 2780198 dolph9
dolph9's picture

I'm not sure if this has been mentioned yet:

The smoking gun of 9/11 is the date on which it happened:  9-11, 9-1-1.  Which of course are the numbers every American knows to dial in an emergency.

So somebody somewhere planned it on this date, to trigger the "panic" response of Americans which would of course serve to transform them into "war" mode and forget about questioning the details of the event.

Only Jews and American neocons are smart enough to conceive this.  The Arabs couldn't think of this.

Mon, 09/10/2012 - 22:29 | 2780602 Clashfan
Clashfan's picture

Missing Luciferian/occultist elements.

Mon, 09/10/2012 - 19:32 | 2780222 whstlblwr
whstlblwr's picture

Watch out those jews are so clever. They'll get you.

https://www.youtube.com/watch?v=moqEYXn3dRc

Mon, 09/10/2012 - 19:13 | 2780175 Kastorsky
Kastorsky's picture

Get ready for another one.

'Jews Don't have To Go Through TSA' Janet Napalitano with Homeland Security

 

http://www.youtube.com/watch?v=f3UHVTsqdQs&feature=related

Tue, 09/11/2012 - 00:09 | 2780780 Clashfan
Clashfan's picture

"We have a special relationship with Israel"    WOW

good link TY

made me f_ing sick

Mon, 09/10/2012 - 18:49 | 2780109 Praetorian Guard
Praetorian Guard's picture

A negative rating? WTH is wrong with you? I guess some people can't laugh...

Mon, 09/10/2012 - 19:42 | 2780251 Red Heeler
Red Heeler's picture

At least three-thousand or so . . . .

Mon, 09/10/2012 - 18:39 | 2780078 CustomersMan
CustomersMan's picture

 

Ass-Kissing Pussy comes to mind when I read this.

 

There are so many links to Israel and Jews, it's overwhelming, hard proof, evidence.

Mon, 09/10/2012 - 20:04 | 2780303 whstlblwr
whstlblwr's picture

I'm so worried about the Jews. What should I do?

https://www.youtube.com/watch?v=hfS2Op9l3nk&feature=relmfu

Tue, 09/11/2012 - 00:01 | 2780767 forexskin
forexskin's picture

ahhh...

pretend not to be a zionist troll!

that help?

Mon, 09/10/2012 - 18:20 | 2780027 QuietCorday
QuietCorday's picture

A few things that bother me ...

One) About the demolition idea ... I grew up in an old industrial area in England and have seen mills, factories, chimneys and high rises demolished almost all my life. I have also had the opportunity to observe demolition jobs on a fifteen floor highrises that had to fall into their own footprint. What bothers me about the idea that the towers were demolished is that, from what I have seen, to do such a job would require such an extreme amount of wiring to various sources of explosive all timed to blow at certain points that I cannot see *how* no-one would notice such a set-up. The high rises I observed literally had a spider's web of wiring all through the space on the lower floors. Then there is always the risk something detonates early if there are people in the building etc. It is just too much of a risk.

Two) These days, I specialise in narrative structure and the creation of memes (thought viruses). What has been the most fascinating to discover is not the blatant bollocks people believe, but the extent to which people's thinking will fall into the jurisdiction of a set of *created memes* about a particular subject, and how those memes will oppose one another in a way that totally obscures key signs that point to a totally different reading of events, a reading that is a lot more likely to be accurate because it cross-references other phenomenon that could not possibly have been adulterated (and often is right in front of people's faces).

Now my work tends towards historical memes, but, knowing what I know, if you wanted to cover something up well, you would create a trio of memes that would then *triangulate* a pre-determined space of meaning where the actual truth of the matter lay completely outside of that space. You do this by creating two views that oppose one another and are equally incorrect but allude to actual events, and thus you then allow for the formation of a third that holds the middle ground between the two, but at a equal distance from the two opposing views as they are from each other. Hence the triangle.

What you find is that all readings of said event then falls into the space defined by this triangle. The problem is that the key evidence will, almost inevitably, be completely ignored because it does not relate to anything within the triangular space. 

So when it comes to 9/11 and 7/7, I would suggest the "truth" is not the official version nor the common conspiracy versions, but probably something else entirely -- and something that is really bloody awkward on a level that no-one outside of the loop actually suspects. What it is, I do not know, but I suspect the truth is probably in fairly plain sight -- it is just that no one is looking at it.

Notice where the concentration of "meaning" lies in the triangulated space: that is often a key blind. For 9/11, it tends to coalesce around the towers and the way they fell. I would suggest that this focus is probably obscuring something important somehow.  

 

Mon, 09/10/2012 - 22:28 | 2780599 Clashfan
Clashfan's picture

Quiet, look into nanothermite.

Mon, 09/10/2012 - 18:53 | 2780108 George Washington
George Washington's picture

This post does not argue for or against any particular country's involvement.  This post does not argue for demolition.

However, your statement contains inaccuracies.

According to USA Today: "On Sept. 11, ACE Elevator of Palisades Park, N.J., had 80 elevator mechanics inside the World Trade Center". And the National Institues of Standards and Technology says that, on 9/11, "Elevators 6A and 7A were out of service for modernization". (NIST NCSTAR 1-8, p.43).

In addition, Ace worked in and around structural steel:

"A run of approximately 80 vertical feet, employed over 300 running feet of 2-1/2" x 8" and 2"x 2" trough raceway. This run traveled through plaster ceilings, concrete floors and around structural steel."

In addition:

So there could have been plenty of opportunities to use the elevator shafts, evacuations, special-access floors, and power-downs to access buildings...

Again, not saying there were explosives, just saying the whole "access" and "would have seen it" arguments contain misunderstandings.
 

Tue, 09/11/2012 - 02:14 | 2780881 Clashfan
Clashfan's picture

(Clapping for GW) Finally! :)

Mon, 09/10/2012 - 20:00 | 2780295 QuietCorday
QuietCorday's picture

Fair enough, GW. I don't argue for non-demolition either.

I do actually have suspicions about 911 but to explain them means challenging a deeply embedded meme, and I just do not want to go there. But my suspicions, they make sense to me -- in all sorts of ways -- and in historical terms.  

Tue, 09/11/2012 - 05:37 | 2780971 Gadfly
Gadfly's picture

That's exactly why they've gotten away with it so far.  The average patriotic American, the average human psyche, has trouble coming to grips with such a diobolical and horrendous criminal and traitorous act.  We simply don't want to believe such evil, such a crime, could emanate from our own beloved country, from our own elected and appointed government officials, who we have elected and entrusted to protect us.  It's almost too odeous and evil to contemplate.  It's like discovering your father or mother is a mass murderer.  We simply don't want to believe it.  And so we don't.  We prefer the soft, comfortable and reassuring feeling we were attacked by external enemies, as opposed to enemies from within.  And that's why they're getting away with it.

Mon, 09/10/2012 - 20:14 | 2780319 George Washington
George Washington's picture

Courage ...

Tue, 09/11/2012 - 05:35 | 2780974 Gadfly
Gadfly's picture

100 up votes.

Mon, 09/10/2012 - 18:16 | 2780015 billsbest
billsbest's picture

Communist Party USA (CPUSA) Endorses Obama for President

http://chasvoice.blogspot.com/2012/09/communist-party-usa-cpusa-endorses...

Mon, 09/10/2012 - 18:02 | 2779975 Praetorian Guard
Praetorian Guard's picture

The Patriot Act was written (at least the core) by Biden around 1995... makes you wonder, doesn't it...

Mon, 09/10/2012 - 17:57 | 2779965 Sun and Moon
Sun and Moon's picture

Why isn't Pakistan on the list? After all, they funded the Taliban. And Bin Laden was later found to be living happily in Pakistan.

I'm not saying that Pakistani officials knew and approved of the 911 attacks beforehand. (And I'm certainly not saying that they didn't.) But at the very least they must have known that they were supporting some very dangerous guys who had no love at all for the US.

Also, who says that multiple governments might not have knowingly or unknowingly aided the 911 crew?

Mon, 09/10/2012 - 18:12 | 2780002 George Washington
George Washington's picture

Pak may have had a hand in it ... but no government official - to my knowledge - has accused the Pakistanis.  That's why it's not in the main post.

Mon, 09/10/2012 - 17:12 | 2779855 billsykes
billsykes's picture

"We don’t know for sure which nation or nations backed the 9/11 terror attacks."

 

It was the polish, and their perogies, lets get em, with their carbohydrates of ass destruction. 

 

 

 

 

 

 

 

Mon, 09/10/2012 - 17:07 | 2779839 notadouche
notadouche's picture

Well whomever did what I don't believe you can point the finger to Bush unless you think he is a great mind with great acting abilities.  His actions in front of the kindergartner's he was reading to says all you need to know.  Of course it's the easy thing to do is blame Bush but the video of that day doesn't lie.

Mon, 09/10/2012 - 19:51 | 2780272 Red Heeler
Red Heeler's picture

"His actions in front of the kindergartner's he was reading to says all you need to know."

Yes, it does. His appearance was pre-announced so that the pubic knew he was going to be there. And yet, with America under attack on American soil by unknown assailants targeting unknown locations, the Secret Service knew he was safe in that classroom.

Mon, 09/10/2012 - 17:31 | 2779872 George Washington
George Washington's picture

This post does not argue for or against any particular country's involvement.

However, Dick Cheney was in charge of all of America’s counter-terrorism exercises, activities and responses on 9/11. See this Department of State announcement and this CNN article.

In addition (clears throat for admittedly long - but hopefully interesting - rant) ...

People want to assume that when someone in power messes up – especially someone who appears incompetent – it was just a mistake.

For example, folks can’t believe that an incompetent president could carry out scoundrelly deeds.

But as I wrote 5 years ago:

As noted social historian and author Michael Parenti writes:

Generally, US foreign policy is remarkably consistent and cohesive, a deadly success, given the interests it represents. Those who see it as repeatedly befuddled are themselves revealing their own befuddlement.

 

Sometimes the policymakers themselves seize upon incompetence as a cover. [For example, when the Iran-Contra affair was discovered, President Reagan pleaded incompetence.] His admission of incompetence was eagerly embraced by various analysts and pundits who prefer to see their leaders as suffering from innocent ignorance rather than deliberate deception. Subsequent testimony by his subordinates, however, revealed that Reagan was not as dumb as he was pretending to be, and that he had played an active and deciding role in the entire Iran-contra affair.

 

***

 

No less a political personage than Henry Kissinger repeatedly pretended to innocent ignorance and incompetence when confronted with the dirty role he and his cohorts played . . . .”

This strategy of “playing dumb” and acting incompetent has, in fact, long been employed by leaders on both the left and the right. Many liberals and old fashioned conservatives have been suckered by this dumb and dumber act.

 

***

 

Let’s take a look at the actual history of Bush, Cheney and Rumsfeld for insight into whether they are incompetent leaders.

 

After Bush lost his bid for congress because he was perceived as an over-educated, “spoiled rich kid from back East”, he cultivated a bumbling, “good old boy” image, and then started winning his political elections. That’s right: Bush actually cultivated a bumbling, misspeaking mannerism.

 

Moreover, President Bush proposed painting a U.S. surveillance plane in the colors of the United Nations in hopes of drawing fire from Iraqi military, as a way to justify war against Iraq. Is this the kind of proposal that someone who is incompetent would make, or is it the kind of thing a conscious deceiver would suggest?

 

Rumsfeld and Cheney are also long-time experts at using deception to justify their military and political goals. They were, in fact, the folks who intentionally hyped the Soviet threat during the Cold War so that the defense contractors would make a killing and the U.S. would have a suitably scary “bad guy” to rally against (see this article). These guys, like other neocons, are students of Machiavelli.

Remember how the TV character Detective Columbo pretended he was bumbling and dumb, so that people would underestimate him? Or remember the TV show Matlock, where Andy Griffith pretended to be a slow-witted country lawyer in order to put people off their guard?

 

I would argue that Bush, Cheney and Rumsfeld have also used this same trick: playing dumb.

 

Prominent liberal figures and old-fashioned conservatives have tried to warn others of the ploy. For example, liberal guru George Lakoff wrote an article in 2006 called “Bush Is Not Incompetent” which demonstrates that the Bush administration has been incredibly successful in implementing its agenda (the article is well worth reading for its evidence that Bush is not incompetent; however, I believe Lakoff confuses neoconservatism with true conservatism).

 

Similarly, in an article entitled “Bush Didn’t Bungle Iraq, You Fools“, veteran investigative reporter Greg Palast says that the administration got exactly what it wanted from the Iraqi war. And popular liberal writer William Pitt says “the ‘incompetence’ thing is nonsense . . . Can anyone still think this was all by accident?”. Pitt recognizes that the White House, rather than being incompetent, has gotten exactly what they wanted all along — to invade Iraq, get a foothold in the Middle East and to get control of the oil.

 

Indeed, the neocons have openly advocated civil war and instability in Iraq and other Middle Eastern countries as a long-range strategic plan.

I noted last year:

Countries need to lie about their enemies in order to demonize them sufficiently so that the people will support the war.

 

That is why intelligence “failures” – such as the following – are so common:

  • It is also now well-accepted that the Gulf of Tonkin Incident which led to the Vietnam war was a fiction (confirmed here).

Oops.

Obama’s Economic Incompetence

Obama – like Bush before him – also appears to be totally incompetent with regard to the economy. He hasn’t been able to rein in the giant banks or significantly lower unemployment. Obama is following disproven models, and has appointed economists who either helped cause the crisis in the first place, or who have drunk the kool-aid of failed economic theory.

But Obama has actually been serving “his constituency”: Goldman Sachs and the other Wall Street giants which funded his campaign.

And as I pointed out last year, top economists running the Fed and advising Obama don’t miss the dangers to the economy due to negligence, but because they are rewarded for doing so:

Most economists don’t exercise any independent thinking because economists are trained to ignore reality:

As I have repeatedly noted, mainstream economists and financial advisors have been using faulty and unrealistic models for years. See this, this, this, this, this and this.

 

And I have pointed out numerous times that economists and advisors have a financial incentive to use faulty models. For example, I pointed out last month:

The decision to use faulty models was an economic and political choice, because it benefited the economists and those who hired them.

 

For example, the elites get wealthy during booms and they get wealthy during busts. Therefore, the boom-and-bust cycle benefits them enormously, as they can trade both ways.

 

Specifically, as Simon Johnson, William K. Black and others point out, the big boys make bucketloads of money during the booms using fraudulent schemes and knowing that many borrowers will default. Then, during the bust, they know the government will bail them out, and they will be able to buy up competitors for cheap and consolidate power. They may also bet against the same products they are selling during the boom (more here), knowing that they’ll make a killing when it busts.

 

But economists have pretended there is no such thing as a bubble. Indeed, BIS slammed the Fed and other central banks for blowing bubbles and then using “gimmicks and palliatives” afterwards.

 

It is not like economists weren’t warning about booms and busts. Nobel prize winner Hayek and others were, but were ignored because it was “inconvenient” to discuss this “impolite” issue.

 

Likewise, the entire Federal Reserve model is faulty, benefiting the banks themselves but not the public.

However, as Huffington Post notes:

The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession, an investigation by the Huffington Post has found.

 

This dominance helps explain how, even after the Fed failed to foresee the greatest economic collapse since the Great Depression, the central bank has largely escaped criticism from academic economists. In the Fed’s thrall, the economists missed it, too.

 

“The Fed has a lock on the economics world,” says Joshua Rosner, a Wall Street analyst who correctly called the meltdown. “There is no room for other views, which I guess is why economists got it so wrong.”

Not only have our government “leaders” in the Fed, Treasury, Congress and White House ignored the real world, they have taunted it – like monkeys who pull the tail of the lion and then [act] surprised when the lion attacks:

They have:

  • Given trillions in bailout or other emergency funds to private companies, but then refusing to disclose to either the media, the American people or even Congress where the money went
  • Failed to take any meaningful steps to stabilize – let alone fix – the economy (see this and this)

These aren’t the only areas where the “incompetence” card was played....

Mon, 09/10/2012 - 16:56 | 2779812 lakecity55
lakecity55's picture

Remember the Liberty!

 

Zionistas are not USA friends.

 

We're tired of fighting your wars, Red Shills!

Mon, 09/10/2012 - 16:56 | 2779810 BattlegroundEur...
BattlegroundEurope2011's picture

All smoke and mirrors to confuse the sheeple into not caring for the truth...whatever that maybe.

Mon, 09/10/2012 - 16:53 | 2779802 Meesohaawnee
Meesohaawnee's picture

financial terrorist are by far this countries biggest enemy

Mon, 09/10/2012 - 16:48 | 2779793 JohnFrodo
JohnFrodo's picture

Whats insane is there has never been a proper investigation. Even by the standards of the Warren Commision the investigation thousands of miles wide, and in depth never broke the surface. The fact that somehow this can just hang there every day with no one with the abilty to do something taking any action reflects exactly the state of western civilization Sept 11, 2012.

I have other thoughts, deep ones from the time, and those showing proper respect for today.

http://thinkingaboot.blogspot.ca/2012/09/its-11-th-anniversary-of-911.html

http://thinkingaboot.blogspot.ca/2012/09/911-weighs-heavy-on-our-history.html

http://thinkingaboot.blogspot.ca/2012/09/911-reaction.html

Mon, 09/10/2012 - 16:04 | 2779611 Hannibal
Hannibal's picture

Wonder what elso Gov-co lied about (moon landing, vietnam, assasinations of 2Kennedies, King, Mx, Lennon.....)

Mon, 09/10/2012 - 16:53 | 2779556 Gadfly
Gadfly's picture

It's real simple folks.  If you have any friends who refuse to believe 9/11 was a conspiracy between certain "elements" of the U.S. Government and "others," have them watch the collapse of building 7.  It's all over the internet.  It's a controlled demolition, period.  No question about it, absolutely no doubt.  Your eyes don't lie.  Disintigrates and comes right down in seconds in its own footprint.  The only way that can happen is by controlled demolition.  Looks like every other controlled demolition you've ever seen on T.V.  Impossible to happen as a result of a fire and "melting" of some steel beems in one part of the building.  Which means it was wired with explosives days (if not weeks) before 9/11 by someone.  Which means there definitely WAS a conspiracy.  From this single piece of undeniable evidence, available and viewable by anyone who wants to look at it, the entire "official" story unravels -- and begins to raise more questions than answers.  Anyone who can't see this, or doesn't want to, would rather live in a mindless partiotic fantasy created by someone much more evil than they can imagine, or has something to hide.  It doesn't matter what their religion is.  These criminals must be uncovered, rooted out, hunted down, and brought to justice, regardless of who they are or what their religion is.  Period.  End of story.

Mon, 09/10/2012 - 20:21 | 2780341 Parrotile
Parrotile's picture

Could have been as long as you like. Why not months? The 3-letter Organisations certainly plan ahead, and it would have been exceptionally easy to incorporate whatever they wanted into the building structures at their leisure, during planned, completely innocuous routine maintenance. Even assuming security camera video logs were kept for long periods, and camera resolution was excellent, IF (and as yet without "Official" proof, this is still a big IF) Government agencies wanted to covertly plant explosives, it is extremely easy to conceal such ordnance within otherwise innocuous packages (replacement "Power Supplies", "Lamp Ballasts" "Motor Controllers") - all can be copied, and all are expected to have cable connections. Even the cabling itself can be designed to house an effective explosive charge - and elevator shafts tend to be a maze of thick cables - all of which could be an effective "cover" for very conveniently placed demolition charges. Remember - modern Mil-Spec explosives are a world removed from the "Fertiliser Bombs" much loved by terrorists of yore, so even a 1 inch diameter "Power Cable" could pack quite a destructive punch.

 

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