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Unanswered Questions

 By M.K. Styllinski

“In politics, nothing happens by accident. If it happens, you can bet it was planned that way.”

Franklin D. Roosevelt


9/11 was an attack against the minds of the American people.

Shock, fear and anger were the intended by-products of a Hollywood-style production which was delivered to mobilise the mass consciousness towards accepting long-term social and geo-political objectives. Once this programming was in place it was relatively easy to begin pointing fingers at an historical bogey-man which has been carefully cultivated as the Muslim terrorist. What rapidly followed was the invasion of Afghanistan, Iraq and the later invasions of Libya and covertly Syria. Along with Russia, the destabilisation and ransacking of Iran remains an important goal for the Three Establishment Model. As a consequence, literally hundreds of thousands of civilians – most of whom were children – were killed, maimed and psychologically traumatised, with others suffering from intractable health problems.

The core planners of the September 11th attacks were a combination of audacity, ambition, years of careful planning and the reliance on the inculcation of an Official Culture to carry out their plans. The hackneyed displays of “evidence” were designed to appeal to those eager to believe the official story. Shoddiness of this kind is an indication of how blasé and arrogant the architects of this coup really were. Leaving pristine passports lying around in the rubble to be found and copies of the Koran liberally sprinkled everywhere just to reinforce the idea that all roads led to Al-Qaeda, as but two such examples. “Mistakes” like these do not conform to the ambition and precision of the false flag operation. However, if you wanted to falsely blame it on Muslim terrorists as the history of Al-Qaeda operations shows, then such “blunders” begin to make sense.

So, who would benefit from blaming the Islamic world, its fundamentalism having been fuelled by the very same forces?

The Three Model Establishment of Liberalism, Conservative and Zionist factions. It was their crowing achievement, or – depending on which side of the fence one is – the beginning of their eventual demise.

What should have been the most rigorous and extensive international forensic operation ever conducted was turned into the biggest media circus and cover up in modern times. Ground Zero became a travesty of justice with no attempts to maintain the integrity of what was a vast crime scene. Thanks to Mayor Rudy Giuliani and friends, all the evidence was shipped away before forensics could sift through it. [1]  It is only after almost fourteen years that enormous amounts of data has been pieced together by scientists, academics and the general public who may not all agree with the various conclusions, but a broad consensus exists: that the official story is not only suspect but patently false from whichever angle you approach. Various 9/11 commissions merely extended and built on what is already monumental lie, quickly accepted by the MSM and the majority of the public and which remains entrenched in contemporary beliefs. Recently, certain members of those commissions have begin to speak out, reporting on the restrictive nature and manipulation of data. Indeed, it has even been reported that most 9/11 commissioners do not believe the official story either. [2]

Image programming is immensely powerful. Replaying the destruction of the Twin Towers over and over and thus stimulating the instinct of fear and the emotions of anger and pain is not conducive to object study and reflection. As Historian Laura Knight-Jadczyk observes:

“Brain studies show that what is suggested during a period of pain or shock becomes MEMORY. The brain sort of ‘traps’ the ideas being assimilated at times of pain and shock into permanent ‘synaptic patterns of thought/memory.’ The conditions surrounding the events of 9-11 were perfect for creating specific impressions and memories – manipulation of the minds of the masses by shocking events and media spin.” [3]

And so it is.

dhphoto

Let’s see why this programming has been so successful by taking a cursory look at some of the most glaring issues surrounding 9/11.

Since at least 1996, Federal authorities were aware that suspected terrorists had ties to Osama bin Laden and had been receiving flight training at schools in the US and abroad. There was even an account by one terrorist that his mission was to fly a plane into CIA headquarters.[4] In fact, there were multiple reports of bin Laden’s location given to both the CIA and the FBI between 1996 and right up to the day before September 11th, 2001. Agents’ reports were ignored or they were actively prevented from taking out bin Laden by top brass. The New York Times reported that:

 [5]“… at least three occasions between 1998 and 2000, the C.I.A. told the White House it had learned where Mr. bin Laden was and where he might soon be. Each time, Mr. Clinton approved the strike. Each time, George Tenet, the director of central intelligence, called the president to say that the information was not reliable enough to be used in an attack, a former senior Clinton administration official said.”

Among the numerous failures in basic protocol and administrative procedures that allowed the hijackers a literal free pass to do as they pleased, one report shows 15 of the 19 hijackers did not fill in visa documents properly in Saudi Arabia. (Yes, that’s right 15 of them) and only six were interviewed. Why were 15 of these hijackers not denied entry into the US? [6] It was reported just a few days after the attacks that several of the 9/11 hijackers, including leader Mohamed Atta, may have had training at secure US military installations and when many of the hijackers’ mug-shots were lifted from the University campus yearbooks. The 911 Commission Report was destined to be a laughing stock. [7] According to a 2001 report in The Times of London: “Five of the alleged hijackers have emerged, alive, innocent and astonished to see their names and photographs appearing on satellite television … The hijackers were using stolen identities.” [8]

By 2000 and 2001, the military were conducting simulation exercises where hijacked airliners were crashing into targets causing mass casualties. Those targets included the World Trade Centre (WTC) and the Pentagon. If we are to believe White House and security officials, they were as shocked as little Bo Beep at such wildly improbable scenarios. [9] The politicians followed the same script with President George W. Bush stating with wide-eyed innocence: “nobody in our government at least, and I don’t think the prior government, could envisage flying air planes into buildings.” National Security Advisor Condoleezza Rice also exclaimed: “… no one could have predicted that they would try to use an airplane as a missile.” Which is curious, considering CIA director George Tenet’s intelligence summary was prepared for Condoleezza Rice on June 28 and read: “It is highly likely that a significant Al-Qaeda attack is in the near future, within several weeks.” [10] And just to make sure the same memo was received by all; FBI Director Robert Mueller added his chorus line soon after the attacks with: “there were no warning signs that I’m aware of that would indicate this type of operation in the country.”

Actually, it was common knowledge that ideas had been seeded in terrorists’ minds to use planes as weapons since 1995. So, our Bob was either lying or so ignorant that he was only the head of the FBI due to his ability to stack paperclips. Even an Air Force general stretched credulity still further with his variation on a theme by stating: “… something we had never seen before, something we had never even thought of.”  [11]

Please…

According to 9/11 expert and author Dr. David Ray Griffin it gets much worse:

“… in 1993 a panel of experts commissioned by the Pentagon suggested that airplanes could be used as missiles to bomb national landmarks. However this notion was not published in its report, Terror 2000, because, said one of its authors: ‘ We were told by the Department of Defense not to put it in.’ […] In that same year, there were three planes hijacked with the intent to use them as weapons, including a highly publicized plan of a terrorist group linked to Al-Qaeda to crash one into the Eiffel Tower. In 1995, Senator Sam Nunn, in Time magazine’s cover story, described a scenario in which terrorists crash a radio-controlled airplane into the US Capitol building.”  [12]

There was also the little matter of another training exercise, this time by a US intelligence agency set for Sept 11th at 9am in which a jet airliner would crash into one of its buildings near Washington, DC. The chances of military drill exercises taking place at the same time as a real-time attack is so statistically improbable as to be impossible. As it happens, one chance in 3,715,592,613,265,750,000,000,000,000,000,000,000, 000 – to be precise. [13] Strangely enough, this is precisely what occurred in the 7/7 London bombings in 2005. A private consultancy agency called Visor Consultants, linked to the government and police was also running a 1,000 person exercise for an unnamed company adopting the exact same scenario with the Underground being bombed at the exact same times and locations as the attacks on the morning of July 7th.  [14]

Just another improbable “coincidence” or a tactic for creating confusion within agencies as well as the general public? Actually, training exercises are incredibly common in many false flag attacks in general (See: False Flags? 63 Terrorism Incidents & Training Exercises)

In 2012, the National Security Archive released 120 previously secret documents concerning the September 11th, 2001 attacks on the United States. They showed yet again that President George W. Bush was lying through his teeth. The documents showed:

“From June to September 2001, a full seven CIA Senior Intelligence Briefs detailed that attacks were imminent, an incredible amount of information from one intelligence agency. One from June called ‘Bin-Ladin and Associates Making Near-Term Threats’ writes that ‘[redacted] expects Usama Bin Laden to launch multiple attacks over the coming days.’ The famous August brief called ‘Bin Ladin Determined to Strike the US’ is included. ‘Al-Qai’da members, including some US citizens, have resided in or travelled to the US for years, and the group apparently maintains a support structure here,’ it says.”  [15]

It’s not just America’s intelligence personnel who are silenced. Britain, Germany, France, Sudan, Egypt, Israel and Russian intelligence agencies warned of impending attacks on the US, all of whom were ignored. [16] Russian President Vladimir Putin later stated that in August of 2001, he ordered his intelligence: “… to warn President Bush in the strongest terms that 25 terrorists were getting ready to attack the US, including important government buildings like the Pentagon.” The head of Russian intelligence also said: “We had clearly warned them on several occasions, but they did not pay the necessary attention.” [17]

Britain’s contribution to the warnings was in the form of an official memo included in an intelligence briefing for President Bush on August 6th which said that: “… Al-Qaeda had planned an attack in the United States involving multiple airplane hijackings.” However: “The White House kept this warning secret, with the President repeatedly claiming after 9/11 that he had received no warning of any kind. On May 15, 2002, CBS Evening News revealed the existence of the memo from British intelligence … [The US administration] refused to release the memo while claiming there was nothing specific in it.”[18]

Compartmentalisation of intelligence managed by strategically placed high-level personnel allowed the plans for 9/11 to proceed with relatively little resistance. Official Culture of programmed belief systems did the rest.


 “I am increasingly troubled at the inconsistencies in the official narrative of 9/11. It’s not just the obvious non sequiturs: where are the aircraft parts (engines, etc.) from the attack on the Pentagon? Why have the officials involved in the United 93 flight (which crashed in Pennsylvania) been muzzled? Why did flight 93’s debris spread over miles when it was supposed to have crashed in one piece in a field?”

journalist, Robert Fisk


As 2001 entered the picture a long-time tradition of leaving the oil-rich Saudis alone took on epic proportions of favouritism. The CIA and FBI ordered its employees to avoid the bin Laden’s and Saudi royals – they were untouchable. When the House and Senate Intelligence Committees’ final report of the Joint Inquiry into 9/11 eventually arrived in 2003, some 28 pages had been redacted. These reportedly dealt primarily with Saudi Arabia and three Saudi princes who were suspected of being involved in the financing of 9/11 hijackers. They were to die in 2002, within days of each other and in mysterious circumstances. [19]

In 2000, The French intelligence agency, the DGSE, as part of a claim that they regularly pass on intelligence to the CIA, published a 13-page classified report entitled “The Networks of Osama bin Laden.” In the report, a wealth of detailed information about Al-Qaeda is described including the payment of $4.5 million from the International Islamic Relief Organization (IIRO) to bin Laden. However, the IIRO is off limits to US investigations due to its close ties with the Saudi government. [20] The report also casts doubt on Osama bin Laden as the “black sheep” of the family and cultivating the idea of “good and bad” bin Ladens. French journalist Guillaume Disquié writing for La Monde observed: “It seems more and more likely that bin Laden had maintained contacts with certain members of his family, although the family which directs one of the largest groups of public works in the world, has officially renounced him. One of his brothers apparently plays a role as intermediary in its professional contacts or the monitoring of its business.” [21]

It was the same story with the Taliban in Afghanistan. In 1998, Julie Sirrs was a military analyst for the Defence Intelligence Agency (DIA) and travelled to the country on various missions from 1997 – 2001. On the part of her superiors and CIA top brass she encountered disinterest and apathy regarding Osama bin Laden’s whereabouts and actions.

bin_laden1

Osama Bin Laden’s family had longstanding oil connections to the Bush Dynasty.

In early 2001, she travelled undercover to meet Northern Alliance leader Ahmed Shah Massoud and observed a terrorist training centre in Taliban-controlled territory. Sirrs later claimed: “The Taliban’s brutal regime was being kept in power significantly by bin Laden’s money, plus the narcotics trade, while [Massoud’s] resistance was surviving on a shoestring. With even a little aid to the Afghan resistance, we could have pushed the Taliban out of power. But there was great reluctance by the State Department and the CIA to undertake that.” [23]  According to Sirrs and many other commentators, this was primarily due to the US State Department’s interest in securing the trans-Afghanistan pipeline under contract in the region to the American Unocal Corporation. Political stability of the Taliban regime was essential to that end.[23]

Despite returning with a “treasure trove” of photos, maps and interview recordings, her security clearance was pulled and materials confiscated. She was later accused of being a spy, prompting her resignation from the DIA in 1999.  Sirr’s discovery of collusion in CIA and Afghanistan drug lines as well as the protection of Osama as a long-time CIA asset was the probable cause. [24]

It appears that protecting the bin Ladens was a top level directive which meant many FBI agents were blocked in their efforts to investigate and who often resigned disillusioned and frustrated. Reports of FBI units in Phoenix, Minneapolis, Chicago and New York being obstructed in their duty surfaced in 2001, with reassignments, stone-walling and the alteration and/or deletion of data connected to the bin Ladens and Saudi nationals was carried out.  [25]

bushladen-networkSource: http://www.questionsquestions.net/ (now defunct)

Let’s not forget that the bin Ladens, as one of the richest families in Saudi Arabia had business dealings with the Bush family for over twenty years. Following the week after the attacks it was learned that bin Laden’s family had been taken under the wing of a branch of FBI supervision and escorted out of the country by private plane, before the national air ban was lifted.

Perhaps the Bush and bin Laden family ties to oil exploration might have had something to do with it? [26] 

The disclosure of 52 intelligence warnings to the Federal Aviation Administration (FAA) of the threat of terrorist hijackings between April and September, 2001, makes this somewhat easier to understand. [27] Resources, from oil, gas, food and water have always been one of the primary objectives of Anglo-American expansionism and World Order philosophy.

In the Spring of 2001, military and governmental policy documents revealed the implementation of PSYOPS to legitimize the use of US military force in the pursuit of oil and gas. This was an extension of the Neo-Conservative, National Security strategy of preemption. A Council on Foreign Relations darling Mr. Jeffrey Record advocated: “… the acceptability of presidential subterfuge in the promotion of a conflict” and further: “… urged painting over the US’s actual reasons for warfare with a nobly high-minded veneer, seeing such as a necessity for mobilising public support for a conflict.” [28]

Donald Rumsfeld and other Bush officials stated that the whereabouts of bin Laden were unknown. Yet, a very ill Osama bin Laden had received kidney treatment from Canadian-trained Dr. Terry Calloway in July 2001, at the American Hospital in Dubai, in the United Arab Emirates. He had also been treated to a visit by CIA agents and the head of Saudi Intelligence. [29] [30] Meanwhile, A CBS News report headed by soon to be sacked Dan Rather claimed bin Laden was back in hospital on September 10, one day before the 9/11 attacks and in the process of being safely tucked up in bed by the CIA’s Intel ally the Pakistani Military Intelligence (ISI). The CBS report revealed that bin Laden had received further dialysis treatment in Rawalpindi, at Pak Army’s headquarters, under the jurisdiction of Pakistani Armed forces with close ties to the Pentagon. [31]

Why was no attempt made to arrest the nations “most wanted terrorist”? Why lie about Osama’s whereabouts? Unless that is, he was serving a greater purpose.

Though the reports were denied by the CIA, the hospital and bin Laden himself, Dr. Calloway reportedly refused to comment, and the media outlets who ran the stories stood by them. After all, the US authorities could easily have ordered his arrest and extradition in Dubai July 2001, but they did not. Volumes of other evidence suggest that, in the words of Alex Standish of Jane’s Intelligence Review: “The attacks of 9/11 were not an intelligence failure but the result of a political decision not to act against bin Laden.”

Without a pretext, there would have been no war on terror and no Grand Plan for the monopolisation of the Middle East.

On the morning of September 11th a cosy breakfast rendezvous had been arranged on Capitol Hill with head of Pakistan’s military intelligence General Mahmoud Ahmad, members of the Senate and House Intelligence committees and several other attendees, including senator Bob Graham, subsequent CIA head Porter Goss; senator John Kyl and Pakistan’s ambassador to the US, Maleeha Lodhi. [32]  Despite the CIA and Pakistani ISI working in hand in hand for decades, ISI Chief Mahmoud Ahmad’s cheery presence over orange-juice and pancakes takes on a brevity when we realise that the General not only: “… ran a spy agency notoriously close to Osama bin Laden and the Taliban,” but was alleged to have organised the wiring of $100,000 to WTC hijacker Mohamed Atta from Pakistan via Intel asset Ahmad Umar Sheikh. [33]

What were Rep. Porter Goss and Senator Bob Graham and other members of the Senate and House intelligence committees doing together with the alleged 9/11 “money-man” at breakfast on the morning of 9/11? More importantly, what were the same individuals (Goss and Graham) who had developed a personal rapport with General Ahmad, doing on the joint committee inquiry into 911? Conflict of interest would be an understatement.

On September 12th General Mahmoud Ahmad had negotiations at the office Deputy Secretary of State Richard Armitage and again with Secretary of State Colin Powell on the 13th as though the attacks were a mere fomality.  Just what was this General doing meeting with such a wide ranging set of top of officials and despite the greatest “terrorist” attack on American soil?

usualsuspects2

One month later in August 2001, “Bin Laden Determined to Strike in US,” was the title of the intelligence briefing Bush received which also mentioned the World Trade Centre as a possible target. In 2004, Bush was busy lying so atrociously it placed the media in the spotlight for their purposeful ineptitude rather than the fact that George W. clearly knew he was going to get away with it. He claimed it: “… said nothing about an attack on America,” even though the subject of the briefing was about just such an attack. [34]

As the big day approached it seems there were plenty of people who knew that something dramatic was about to happen; so many in fact, it fell way beyond the bounds of mathematical probability. Just a day before the attacks several top Pentagon officials abruptly cancelled their travel plans for the following morning due to “security concerns.” Several other officials were also told not to fly by persons unknown.

At 1.00am in the morning of September 11th San Francisco Mayor Willie Brown, scheduled to fly to New York that morning, received a warning from his “security people at the airport” advising him to be cautious in his travelling. Although later reports would claim that this was due to picking up on a State Department warning of September 7 which focused on the threat to military personnel in Asia, why it was personally issued to Brown, remains unknown. Attorney General John Ashcroft had also been warned by the FBI in August 2001 to avoid commercial airlines, but this information never made it to the media until much later. Indeed, it seemed Ashcroft was hiding something.[35]

David Ray Griffin observed:

In late July… the Taliban’s Foreign Minister informed US officials that Osama bin Laden was planning a ‘ huge attack ‘ inside America that was imminent and would kill thousands. That the information indicated that the attack was to involve commercial airlines is suggested by the fact that on July 26, CBS News reported that Attorney General Ashcroft had decided to quit using this mode of travel because of a threat assessment – although neither the FBI nor the Justice Departmentwould identify what the threat was, when it was detected, or who made it.’

In May of 2002, it was claimed that the threat assessment had nothing to do with Al-Qaeda, but Ashcroft, according to the Associated Press, walked out of his office rather than answer questions about it. The San Francisco Chronicle complained: ‘The FBI obviously knew something was in the wind…. The FBI did advise Ashcroft to stay off commercial aircraft. The rest of us just had to take our chances.’ CBS’s Dan Rather later asked, with regard to this warning: ‘ Why wasn’t it shared with the public at large?’  [36] [Emphasis mine]

Presumably, for the same reason so much other information wasn’t shared with the public.

As if this wasn’t strange enough, on September 11th aftermath, data extracted from 32 damaged computer hard drives revealed evidence of an unusual rise in financial transactions peaking just before the attacks. Over $100 million of illegal transfers were made through WTC computer networks immediately before and during the 911 attacks. [37]

Insider trading suggesting foreknowledge of the attack was also evidenced from huge surges in purchases of put options on stocks of the two airlines used in the attack United Airlines and American Airlines; on stocks of Munich Re and the AXA Group reinsurance companies expected to pay out billions to cover losses from the attack; stocks of financial services companies Merrill Lynch & Co., and Morgan Stanley Dean Witter, (which occupied 22 stories of the WTC) and Bank of America incurring losses from the attack; on stocks of a weapons manufacturer Raytheon expected to reap massive rewards from the disaster and major surges in purchases of 5-Year US Treasury Notes. Indeed, the overall level of put option trading was up by “1,200 percent” in the three days prior to the World Trade Centre attacks. [38]

Though the amount of money made does not show definitive foreknowledge – as billions could have been made from trading on a catastrophic event not just millions – it does suggest a strange confluence of interest, or as University of Illinois’s Professor Allen M Poteshman states from the conclusion of his own research: “… there is evidence of unusual option market activity in the days leading up to September 11 that is consistent with investors trading on advance knowledge of the attacks.” [39]

Financial parasites profiting from tragedy is quite different to Bush officials and intelligence agents having foreknowledge. The latter may be just another red herring as it not only offers credence to Al-Qaeda bogeyman as the evil enemy of apple-pie freedoms but serves to distance the common knowledge that successive US administrations have consistently supported Osama bin Laden’s Al-Qaeda network as part of their foreign policy agenda. The US military and intelligence Establishment have been complicit in providing continuity of this agenda. That being so, it immediately places “foreknowledge” of the attacks in quite a different light.

The above points have barely scratched the surface. So, before we go any further let’s remind ourselves of the key moments of the “Day of Infamy” with a timeline of September 11, 2001. [40]


 9/11 Timeline

7:59: Flight 11 takes off 14 minutes late
8:14: Flight 175 takes off 16 minutes late
8:20: Flight 77 takes off 10 minutes late
8:28: Flight 11 is confirmed as hijacked
8:37: Flight 11 enters New York control space; Boston flight control notifies NORAD
8:42: Flight 93 takes off 41 minutes late
8:46: Flight 11 hits the North Tower of the World Trade Centre
8:50: Flight 175 en route to New York City
8:54: Flight 77 strays off course
8:56: Flight 77 transponder signal disappears; Flight 77 disappears from radar screens
9:03: Flight 175 crashes into WTC South Tower; shown on international TV networks
9:06 Bush starts photo op at school; thinks WTC Crash Is Accidental
9:06-9:16: Bush told of second plane crash, continues photo op; reads pet goat story for almost ten minutes; Secret agents as per protocol do not remove him from the room; Ari Fleischer holds up sign saying “do not say anything yet”
9:16-9:29: Bush works on a formulating a speech with staff; no decisions are made
9:20: Barbara Olson, a passenger on Flight 77 is said to have called her husband Ted Olson, solicitor general at the Justice Department. Account is full of contradictions
9:28: Sounds of a struggle are heard at Cleveland Flight Control as Flight 93 is hijacked
9:29: Speech by Bush declaring a terrorist attack
9:30: Langley fighters take off toward Washington; Instead of arriving in the usual 6 minutes, they could reach city in six minutes but take 30 minutes. The jets were redirected east over the Atlantic Ocean and were 150 miles from the Pentagon when it is hit
9:30: After 25 minutes the Secret Service finally decide to hustle Bush out of the school
9:37: Flight 77 disappears from radar; Flight 77 crashes into reinforced section of the Pentagon
After 9:37: FBI confiscates film of Pentagon crash
9:40: Flight 93 transponder signal turned off; flight still closely tracked
9:42: Mark Bingham calls his mother From Flight 93
9:45: White House Evacuated
9:45 – 9:56 Counterterrorism ‘Tsar’ Clarke Initiates Continuity of Government Plan; Senior FAA Manager, on His First Day on the Job, Orders All Planes Out of the Sky Nationwide
9:45 – 9.58 Flight 93 passenger Todd Beamer speaks to GTE customer service supervisor Lisa Jefferson and FBI, gives contradictory statements
9:50: Molten metal pours from WTC South Tower
9:52: Fire-fighters reach 78th floor of South Tower; two isolated fires are found
9:55-10:15: Langley fighters reach Washington after considerable delay; contradictory accounts of time lag;
9:57: Passengers Begin Attempt to Regain Control of Flight 93
9:58: Call from Ed Felt on Flight 93, describes explosion
Before 9:59: Gold Transported Through WTC Basement; EMT Worker Given Message That WTC Towers Are Going to Collapse; High-Level Officials Evacuate Lobby of North Tower; Mayor Giuliani apparently told WTC towers will collapse when fire chiefs think otherwise
9:59: Explosions heard in South Tower just before collapse; South Tower of WTC collapses into its own footprint
9:59-10:28: Fire-fighters receive no messages to evacuate North Tower
10.00: Hijackers respond to passenger revolt
10:06: Flight 93 crashes into a Pennsylvanian field; Reports of light 93 Breaking Up Prior to Crash; timing of the crash disputed
Before/After 10:06: Second plane, described “as a small, white jet with rear engines and no discernible markings,” is seen by at least ten witnesses over the crash site within minutes of United Flight 93 crashing.
After 10:06: Fighter flies past Flight 93 crash site; witnesses report lack of plane wreckage at Flight 93 crash scene
After 10:06: Bush is told of Flight 93 crash, wonders if it was shot down
10:15: Pentagon Section Collapses
10:28: WTC North Tower collapses; Many witnesses hear explosions during the collapse of the north WTC tower.
11:45: Air Force One, with President Bush on board, lands at Barksdale Air Force Base
12:00 Noon: Senator Hatch repeats intelligence community’s conclusion that Osama bin Laden is responsible
After 12:00 Larry Silverstein Tells fire department commander to ‘pull’ WTC 7
12:16 US airspace cleared of all civilian aircraft
13:02: Defence Secretary Rumsfeld Calls for War; President Bush Says there will be a counterattack
14.00 – 14:30 Chief Fire Officer makes decision to abandon WTC 7
14:50 President Bush arrives in Nebraska; enters Strategic Command Centre
14:40 Rumsfeld is told Al-Qaeda was behind 9/11 attacks but wants to blame Iraq
16:30: WTC Building 7 Area Is Evacuated Due to Anticipated Collapse
17:20: WTC Building 7 Collapses; Cause Remains Unclear
18:42 Rumsfeld, Shelton, White, and Senators give news briefing on attacks
18:54 President Bush returns to White House
20:30: President Bush gives third speech, declares Bush Doctrine
21:00: President Bush meets with advisers, declares war without barriers
23:30: President Bush sees 9/11 as New Pearl Harbour

Notes

[1] ‘Hugo Neu and the Giuliani Partners Who Destroyed the Steel of 9/11’ April 18, 2011, By Christopher Bollyn, http://www.bollyn.com
[2] ‘Most 9/11 Commissioners Don’t Buy The Official Story – Why Do You?’ 9/11 Blogger http://www.youtube.com/watch?v=GdqIzc4TZAY
[3] ‘Comments on the Pentagon Strike’ By Laura Knight-Jadczyk, September 25, 2002. | http://www.cassopaeia.org
[4] ‘FBI Knew Terrorists Were Using Flight Schools’ By Steve Fainaru and James V. Grimaldi
Washington Post Staff Writers , September 23, 2001; Page. | ‘FBI Chief Acknowledges FBI Errors’CBS News May 30 2002 /updated 2009.
[5] ‘Why I Resigned From the CIA’ by Michael Scheuer, The Los Angeles Times, December 05, 2004. | ‘Many Say U.S. Planned for Terror but Failed to Take Action’ The New York Times, December 30, 2001.
[6] ‘Hijackers Got Visas With Little Scrutiny, GAO Reports’ By Dan Eggen, Washington Post, October 22, 2002; Page A07.
[7] ‘Alleged Hijackers May Have Trained At U.S. Bases’ Newsweek, Sep 14, 2001.| ‘Alleged 9/11 Hijackers Trained at U.S. Military Bases?’ 2nd Witness Arrested 25 Held for Questioning by Guy Gugliotta and David S. Fallis Washington Post, September 16, 2001; Page A29.
[8] ‘9/11 Hijackers Still Alive’ by Dominic Kenndy / Suicide hijackers hid behind stolen Arab identities; America at war: New York agony; Terror in new York, Edition 5LTHU 20 SEP 2001, Page 3. “Five of the hijackers were using stolen identities, and investigators are studying the possibility that the entire suicide squad consisted of impostors. Details are emerging of the killers’ humdrum final weeks in the US suburbs – joining gyms, eating pizzas and visiting an “adult video” store.”
[9] ‘NORAD had drills of jets as weapons,’ By Steven Komarow and Tom Squitieri, USA Today, April 19, 2004. | ‘A Nation Challenged: Warnings; Earlier Hijackings Offered Signals That Were Missed’ By Matthew L. Wald, The New York Times, October 3, 2001.
[10] p.68; The New Pearl Harbor – Disturbing Questions about the Bush Administration and 9/11 by David Ray Griffin Published by Olive Branch Press; 2004 | ISBN 1566565529.
[11] ‘Fried Rice: Condi’s Coming 9/11 Firestorm’ Perspectives, February 11, 2005 | ‘Terrorist Plan to Use Planes as Weapons Dates to 1995’ WTC bomber Yousef confessed to US agents in 1995. Public Information Center. December 8, 2002.
[12] op. cit Griffin.
[13] Miami Science Museum www. miamisci.org/ – c/o alienscientist.com ‘Probability of 7/7 War Games and Attacks happening at the same time (Impossible)’ September 2011.
[14] London Underground Bombing ‘Exercises’ Took Place at Same Time as Real Attack – Culpability cover scenario echoes 9/11 wargames by Paul Joseph Watson & Alex Jones/Prison Planet | July 13 2005.
[15] ‘New NSA docs contradict 9/11 claims’ By Jordan Michael Smith, Salon.com Jun 19, 2012.
[16] ‘Resentful west spurned Sudan’s key terror files’ War on Terrorism – Observer special The secret war. Part 1 By David Rose, The Observer, Sunday 30 September 2001. | ‘Revealed: The Taliban minister, the US envoy and the warning of September 11 that was ignored’ By Kate Clark in Kabul, The Independent, 07 September 2002. | ‘Report cites warnings before 9/11’ CNN News, September 19, 2002.
[17] op. cit. Griffin, (p.70)
[18] Ibid.
[19] ‘The Kingdom and the Towers’ By Anthony Summers and Robbyn Swan Vanity Fair, August 2011.
[20] ‘Two Suspected Charities Apparently Protected by Saudi Government Ties’ October 12, 2001. historycommons.org timeline.
[21] ‘September 11 2001: How much the French knew’ by Guillaume Dasquié Le Monde (Paris) April 15, 2007. | ‘The House of bin Laden – A family’s, and a nation’s, divided loyalties’.by Jane Mayer, The New Yorker, November 12, 2001. “two of Osama’s sisters apparently taking cash to an airport in Abu Dhabi [United Arab Emirates], where they are suspected of handing it to a member of bin Laden’s al-Qaeda organization.”
[22] ‘Ex-Spook Sirrs: Early Osama Call Got Her Ejected’ by Gail Sheehy New York Observer, March 2004.
[23] Ghost Wars: The Secret History of the CIA, Afghanistan, and Bin Laden, from the Soviet Invasion to September 10, 2001 by Steve Coll, Published by Penguin books, 2004. ISBN-10: 0143034669 (p. “Robin Raphel, Deputy Secretary of State for South Asia, speaks to the Russian Deputy Foreign Minister about Afghanistan. She says that the US government ‘now hopes that peace in the region will facilitate US business interests,” i.e. the Unocal gas pipeline from Turkmenistan through Afghanistan to Pakistan. (p.330).
[24] op. cit. Sheehy; New Yorker.
[25] op. cit. Griffin (p.152)
[26] ‘Bin Laden Kin Flown Back to Saudi Arabia’ by Kevin Cullen, The Boston Globe, September 20, 2001.Page: A29. | ‘A |Nation Challenged: The Family. ‘Fearing Harm, Bin Laden Kin Fled From U.S.’ The New York Times, By Patrick E. Tyler, September 30, 2001. | ‘Has someone been sitting on the FBI?’ By Greg Palast, Newsnight programme for the BBC. Transcript at BBC News: http://news.bbc.co.uk/1/hi/events/newsnight/1645527.stm November 6, 2001.
[27] op. cit. Perspectives, 2005.
[28] ‘Defence redefined means securing cheap energy’ The Sydney Morning Herald, December 26 2002.
[29] ‘CIA agent alleged to have met Bin Laden in July’ French report claims terrorist leader stayed in Dubai hospital, by Anthony Sampson, The Guardian, 1 November 2001. | ‘Ailing bin Laden ‘treated secretly for kidney disease’ By Adam Sage, Times of London Edition 5L November 2001, Page 5.
[30] ‘Hospital Worker: I Saw Osama’ CBS News February 11, 2009.
[31] ‘Mysterious September 11 Breakfast Meeting on Capitol Hill’ by Michel Chossudovsky Global Outlook,Winter 2003, http://www.globalresearch.ca,August 4, 2003. |
[32] ‘India helped FBI trace ISI-terrorist links’, The Times of India, 9 October 2001. | “French author Bernard-Henri Levy later claims to have evidence from sources inside both Indian and US governments of phone calls between Sheikh and Mahmood Ahmed, head of Pakistan’s Inter-Services Intelligence agency, during this same time period, and he sees a connection between the timing of the calls and the money transfers (see Summer 2000). [Frontline, 10/13/2001; Daily Excelsior (Jammu), 10/18/2001; Levy, 2003, pp. 320-324] From historycommons.com.
[33] ‘Bush: Memo had no “actionable intelligence”’CNN, April 12, 2004. | Declassified and Approved for Release, 10 April 2004 – ‘Bin Ladin Determined to Strike in US’ “Clandestine, foreIgn government, and media reports indicate Bin Ladin since 1997′ has wanted to conduct terrorist attacks in the US. Bin Ladin implied in US televisioni nterviews in 1997 and 1998 that his followers would follow the example of World Trade Center bomber Ramzi Youse! and ‘bring the fighting to America.’” http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB116/pdb8-6-2001.pdf
[34] ‘Willie Brown Got Low-Key Early Warning About Air-Travel’ by Philip Matier and Andrew Ross, San Francisco Chronicle, September 12, 2001 | ‘Contingency planning Pentagon MASCAL exercise simulates scenarios in preparing for emergencies’ by Dennis Ryan MDW NEWS 3 Nov 2000 http://www.globalresearch.ca 3 April 2004.
[35] op. cit. Griffin (p.70)
[36] Ibid.
[37] ‘We’ve Hit the Targets’ By Michael Hirsh, Newsweek, Sept. 13 issue, 2003. […] “Could the bombers have been stopped? NEWSWEEK has learned that while U.S. intelligence received no specific warning, the state of alert had been high during the past two weeks, and a particularly urgent warning may have been received the night before the attacks, causing some top Pentagon brass to cancel a trip. Why that same information was not available to the 266 people who died aboard the four hijacked commercial aircraft may become a hot topic on the Hill.” | ‘German Firm Probes Final World Trade Center Deals’ Reuters, December 17, 2001. | ‘Insider Trading Apparently Based on Foreknowledge of the 9/11 Attacks, The Times,(London) September 18, 2001.
[38] ‘Insider Trading Pre-9/11 Put Options on Companies Hurt by Attack Indicates Foreknowledge’ 911 Research, http://www.911research.wtc7.net
[39] ‘Unusual Option Market Activity and the Terrorist Attacks of September 11 2001.’ By Allen M. Poteshman. University of Illinois. http://www.scribd.com/doc/11079387/Unusual-Option-Market-Activity-and-the-Terrorist-Attacks-of-September-11-2001
[40] Grateful assistance from that wonderful online resource: wwwhistorycommons.org 911 and other related timelines and reports which made up the summary.

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Dark Green XV: Goldman Sachs & Carbon Tax

By M.K. Styllinski

“Goldman Sachs, which received more subsidies and bailout-related funds than any other investment bank because the Federal Reserve permitted it to become a bank holding company under its ’emergency situation,’ has used billions in taxpayer money to enrich itself and reward its top executives. It handed its senior employees a staggering $18 billion in 2009, $16 billion in 2010 and $10 billion in 2011 in mega-bonuses. This massive transfer of wealth upwards by the Bush and Obama administrations, now estimated at $13 trillion to $14 trillion, went into the pockets of those who carried out fraud and criminal activity rather than the victims who lost their jobs, their savings and often their homes.”

– Chris Hedges, journalist and author; extract from his statement during Goldman Sacs protest


Despite the lack of empirical data this hasn’t prevented a massive campaign in favour of reducing our carbon footprint by fusing it with Sustainable Development visions and the promise of a Global Carbon Tax. The latter bonanza has had all the usual suspects rubbing their hands with glee at the prospect of yet another opportunity to fleece the global population of what little cash they have left from the last crisis. And here’s where it becomes easy to see something else is very wrong with the anthropocentric (human-influenced) global warming picture.

Lloyd_Blankfein_CEO_Goldman_Sachs

Lloyd Blankfein CEO Goldman Sachs

Why is it that major electric power utility corporations (the largest consumers of fossil fuels) and some of the biggest names in agribusiness and chemicals have suddenly jumped aboard the climate change train? A change of heart? Well there’s a green light flashing but it isn’t for an ecological conscience.

There is much in the global warming agenda that supports their cause, which is making vast amounts of money through normalised exploitation. This may be why power companies, investment banks and various hedge funds are all salivating at the prospect of Emissions Trading commonly known as “Cap and Trade”, which is central to reducing levels of carbon dioxide. The Emissions Trading Scheme (ETS) and the new speculative profits to be made in carbon futures, is producing another means to exploit a system where any costs incurred for multi-nationals and utility companies are sure to be passed on to the consumer, as they always are.

If things go according to plan, coal fired power stations, gas distributor utilities and others industries will be subject to limits on the amount of CO2 emissions they can produce annually. When some companies arrive at their carbon-polluting limit then “allocations” or credits can be bought from other companies which have got gold stars for producing less emissions. The neat little twist in this eco-SMART dream is that it  exists only if the government imposes a cap which creates an artificial scarcity on the right to produce energy. Brokers or an electronic trading platform will provide sales for offsets under such a system which is exactly what has been happening in Europe, since 2005 through the Climate Exchange (ECX). What if the allowed credits exceed the corresponding tonnage of emissions, which is the case in almost every country in Europe?

Then we have yet another system that not only mandates cheating, but celebrates it.

Carbon offsets provide even more opportunities. Recycling aluminium cans? Claim your credits. Planting trees? Roll on up. Despite both these activities giving no net emission reductions, the latter being long-term at best, no regulations are in place to ensure compliance because it is a eco-ponzi scheme created to make money not to protect the environment. Many people on both sides of the political and environmental divide agree. What is really driving this new market are the billions of dollars on offer for the same protagonists of financial warfare that stimulated the economic meltdown of October 2008 and beyond. These same criminals are supporting a Global Carbon Tax and Emissions Trading as another source to exploit. Estimates of $646 billion worth of carbon credits will be auctioned over the next several years, perhaps even three times that amount. [1]

Just as surely as every other bubble in the last eighty years, this new eco-commodities market can only follow the same framework of exploitation as demand rises and carbon auctions become the new source of Elite cash. As the “cap” is lowered by the government, carbon credits will become scarcer and thus more valuable as every year passes. Further, it is a fail-safe framework mandated by the Sate that will be worth almost a $trillion, all under the mantle of saving the planet – what a coup!

While the Western nations are being targeted first, Asia has some of the worst pollution in the world which is why Australasia has come under the Carbon Tax boot with a vengeance. The background is instructive since the Australian experience follows the same formula occurring in the West and indicates that it was  being used as a testing ground for a future global roll out. Some key players are pushing the Australian carbon tax and who were/are employed by the very banks that will profit from the system. How interesting then, that Dr Megan Clark, the Chief Executive and Board member of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) Australia’s national science agency, was also a former Director of NM Rothschild and Sons Australia  (Australian arm of the Rothschild Investment Bank) from 2001-03. She is also a member of the Australia Advisory Board of the Bank of America and Merrill Lynch. [2] The fact that this director is now heading the science body that is lobbying for a global carbon credit scheme that will make her and her colleagues billions has nothing to do with it – it’s all just a coincidence.

Mr Simon McKeon is Chairman of the CSIRO Board is also currently the Executive Chairman of Macquarie Group’s Melbourne Office (Macquarie Bank). The Federal Government had no problem appointing a corporate banker as the CSIRO’s new chairman: “… Despite admitting he has ‘no scientific pedigree’, Mr McKeon says he wants to see the issue of climate change elevated to the top of the political and public agenda.” [3]

Sure – his investments and that of his backers depend on it.

Then there is Liberal Party MP Mr. Malcolm Turnbull who as well as being extremely passionate about climate change issues and equally vocal on carbon credits, he is the former Chairman and Managing Director of Goldman Sachs Australia, 1997-2001 and a former partner of Goldman Sachs and Co. from 1998-2001. (Goldman Sac’s role in the carbon credits scam will be explored in greater detail presently).[4]  His colleague and former Liberal party leader Dr. John Hewson is another advocate for carbon credit legislation. A founding member and founding Executive Director of Macquarie Bank 1985-87 and former economist with the IMF 1973-75 he is currently a Non-Executive Director of Change Investment Management a financial investment company that invests in ‘Eco’ projects. Hewson has been a busy banker having been a former Director and Chairman of ABN AMRO Australia 1995-98 an investment bank with its own carbon trading division and still finding time to run his own investment banking business. [5]

Ross Garnaut, a key player in governments in the Asia-Pacific, is a professor in economics with no scientific qualifications which nevertheless qualified him to lead the Garnaut Climate Change Report and several other reviews. He was the former Chairman of the Board of Directors, Primary Industry Bank of Australia 1989 to 1994 and the former Chairman of the Board of Directors, Bank of Western Australia Ltd from 1988 to 1995. [6] Then we mustn’t forget former Prime Minister of Australia Paul Keating, Chairman of the Corporate Advisory International at investment banking firm Lazard and his board membership of China Development Bank: International Advisory Council. [7]

Broadly backed by environmentalists but deeply unpopular with the majority of the Australian public, The Clean Energy Legislative Package was passed by the Australian Senate in November 2011 becoming law in July 2012. With around 13 percent of the public in favour of the tax, no referendum was offered so that people could choose, no debate in Parliament and no disclosure as to who are the biggest 500 “polluters”. Reassurance came in the form of compensation to householders borrowed from the IMF already stretched to the limit with European bailouts. [8]

dreamstime_m_18893257© Avenger01 | Dreamstime.com – Carbon Tax Photo

Although the Carbon Tax in Australia was repealed in July 2014 climate change legislation overall remains in place. According to the Australian government: “The Climate Change Authority (Abolition) Bill 2013 and the Clean Energy Finance Corporation (Abolition) Bill 2014, were introduced into parliament as part of the broader Carbon Tax Repeal Legislative Package and each of which will proceed separately. Policy responsibility for the Clean Energy Finance Corporation remains with the Treasury.” So, no change there. It is likely Carbon Tax will be renewed since the framework is still in place. Furthermore: “The Clean Energy Regulator will ensure that carbon tax liabilities are met in full.” along with the Direct Action Plan of June 2014 which is a bill to implement the Emissions Reduction Fund particularly focused on what’s left of the farming community. [9]

The cost of living for Australians was certainly pushed through the roof with the tax while making very little impact on environmental concerns. In the unlikely event that the science behind CO2 could have been correct, Australia’s total contribution of global emissions will only be reduced by a paltry 0.05 percent taking more than 10 years for the saving to be realised. [10] Australia’s Prime Minister Julia Gillard was a keen supporter of world government so it was natural that she oversaw a move in this direction under the cover of environmental policy.

By 2013, the liberal coalition of Tony Abbot curtailed such a plan for now. No doubt they will try again.

Over in the USA, the first mandatory Cap and Trade system was enforced in the state of New Jersey in 2010 followed by many other North-Eastern states that have sold over 729 million in CO2 credits since 2008. [11] Under the Regional Greenhouse Gas Initiative Inc. (RGGI) two other mandatory regional systems started in 2012, bringing cap-and-trade to 23 states in all and four Canadian provinces. [12] Though a nationwide system has yet to materialise it is only a matter of time. When insider trading and secrecy defines the political-corporate system then Congress can easily be bypassed as it has been throughout its existence. According to the RGGI corporation’s mission statement its “…exclusive purpose is to provide administrative and technical services to support the development and implementation of each RGGI State’s CO2 Budget Trading Program”.

RGGI, Inc.’s activities include:

    • Development and maintenance of a system to report data from emissions sources subject to RGGI, and to track CO2 allowances.
    • Implementation of a platform to auction CO2 allowances.
    • Monitoring the market related to the auction and trading of CO2 allowances.
    • Providing technical assistance to the participating states in reviewing applications for emissions offset projects.
    • Providing technical assistance to the participating states to evaluate proposed changes to the States’ RGGI programs.

A CO2 template ready to extract the needed dosh from the populace once Agenda 21, SD and SMART are fully operational.

Funnily enough, who should happen to be bidding their socks off on this issue? None than most of Wall St., including: Goldman Sachs, Morgan Stanley, Merrill Lynch, JPMorgan Chase, Barclays Bank and others.  Speculating on the price of permits or “allowances” ensures that these financial giants pocket big money from misplaced environmental concerns and corner the carbon market in the process. Wait awhile and the effects of these speculations will be felt on customers’ electricity bills in the same way we all bailed out banksters so they could continue living in the manner to which they had long become accustomed. Utilities which need CO2 allowances at RGGI auctions must compete against powerful private interests whose primary goal is generating money. Therefore, we are looking at another reinvention of the 2008 Ponzi scheme where US and European citizens will be duped all over again.

What’s more, bureaucrats are denying the public right to know via New Jersey Watchdog’s Open Public Record Requests for auction details. RGGI claimed it was not a “public body” and thus it could keep trade secrets, contrasting sharply with U.S. Environmental Protection Agency conducting similar auctions.  Allowances have been sold by the EPA for acid rain otherwise known as sulphur dioxide (SO2). It seems now that derivatives have been way too toxic CO2 represents a plentiful bounty that requires insider back-scratching. For that to go ahead, the secondary markets of the Chicago Climate Futures Exchange and the Green Exchange do the job.

And guess who owns these markets?

The Green Exchange is owned by the Chicago Mercantile Exchange Goldman Sachs Group Inc., MF Global Holdings Ltd. Credit Suisse Group, AG, Morgan Stanley and Newedge Group, most of whom were involved in massive fraud, insider trading, price fixing and serious financial irregularities and fined billions – not that this made any difference at all. [13] [14]

Oh, and don’t forget JPMorgan Chase & Co is also cutting a slice of the pie. (This is the corporate predator that also has a string of “murder-suicides” of its employees, the company that’s going head to head with the Dept. Of Justice over its  FX trading practices).  It is in the interest of these companies to not only take advantage of the gaping holes in the financial system but from any new social directive that lies within it, whether ecological or philanthropic. It demands that they actually create the crises that put the majority of people into dire straits economically so that they can benefit directly from the social services implemented to allow the most needy to survive.

One brief example lies in US food subsidization for the poor, the expenditure of which sits at $72 billion a year provided by food stamps, a.k.a The Supplemental Nutrition Assistance Program (SNAPS). Nearly half of all SNAP participants are children. Where there is regular outflow of federal cash you will find corporate parasites leeching off their share. Washington, D.C. is home to a range of political and corporate lobbyists who exert enormous pressure on Congress and other instruments of US government to keep the food that can be bought through food assistance programs of the lowest quality and price possible while banks like JP Morgan cream off billions from their payment processing agreements from electronic transactions.

They profit from every sale and from every individual desperate enough to have to rely on food stamps. Companies like Wal-Mart, Coca-Cola and Kraft gain a tidy some selling products for subsidization and profiting from poverty. One journalist posed the question: “… how much were states spending to print food stamps in comparison to how much they pay JP Morgan to process transactions electronically? I’d wager it is cheaper to print the stamps.” [15]

***

Taking a bird’s eye view of the history of banksters and corporate predation on the public funds is absolutely necessary if we are to see the true nature of the carbon credit scheme and the global warming industry as a whole. JP Morgan-Chase has been manipulating government and the public for as long as Goldman Sachs, the latter having particular influence inside the Obama administration. As Matt Taibbi writes in the opening paragraph of his seminal Rolling Stone piece: “The Great American Bubble”: “the first thing you need to know about Goldman Sachs is that it is everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” [16]

It is in this article that Taibbi lifts the lid on the nature of Goldman Sachs and others who have mastered the art of economic manipulation and to such a high degree that we live in a world of their design, where vast numbers of people live in abject poverty as a direct consequence of their financial terrorism.

vampiresq

World “Vampire Squid”

Cutting its teeth in the Great Depression Goldman positioned itself in thick of speculative investments with Goldman Sachs Trading Corporation, issuing a million shares priced at $100 and buying all those shares with its own money, driving the price up by its own relentless bidding and selling a percentage to the public. The sponsorship of Shenandoah Corporation and the Blue Ridge Corporation followed, where millions more shares in these funds accelerated a pyramidal investment scheme that soared into the financial stratosphere. As stated: “Goldman hiding behind Goldman hiding behind Goldman. Of the 7,250,000 initial shares of Elue Ridge, 6,250,000 were actually owned by Shenandoah – which, of course, was in large part owned by Goldman Trading.” [17]

The foundation of the present casino-economy that we now found ourselves forced to play, is directly sourced from financial cartels like Goldman. The basic nature of this time-honoured scam labelled the “global economy”operates in the following way: “You take a dollar and borrow nine against it; then you take that $10 fund and borrow $90; then you take your $100 fund and, so long as the public is still lending, borrow and invest $900. If the last fund in the line starts to lose value, you no longer have the money to pay back your investors, and everyone gets massacred.”

The economist John Kenneth Galbraith had little time for the likes of Goldman Sachs. The Great Crash of 1929 and the following aftermath of the Great Depression saw Goldman Sachs doing what they did best: creating the opportunities to make money through massive suffering. Galbraith saw:“… the Blue Ridge and Shenandoah trusts as classic examples of the insanity of leverage-based investment,” and which were a: “… major cause of the market’s historic crash; in today’s dollars, the losses the bank suffered totalled $475 billion.” As Galbraith wrote in somewhat deflated fashion: “If there must be madness, something may be said for having it on a heroic scale.’ ” [18]

About sixty-five years later and Goldman Sachs had become a fully-fledged corporate psychopath. This tenacity and primitive survival instinct that left many of its competitors sunk during the depression, just made Goldman even stronger. It became the chief underwriter for most of Wall St. and eventually unleashing its true power through deregulation under the direction of CEO Robert Rubin (and CFR member) who had hung onto the coat-tails of best buddy and President Bill Clinton to become director of the National Economic Council and eventually Treasury secretary.

In the 1990s Rubin could do no wrong and the media smoothed his path to supremacy. When the classic Establishment rag Time had Rubin and his Treasury deputy Larry Summers and Federal Reserve chief Alan Greenspan on their front cover in 1999, the economic outlook was set for speculation, exploitation and economic plunder on a scale undreamt of. The financial markets were “over-regulated” and Rubin sought to change all that. Far from being “The Committee to Save the World” as the title ran, their job was to plunge the world into economic debt that could never be repaid but profits would abound for those in the know, namely, Goldman Sachs and friends.

The second bubble created and burst by Goldman was the internet dot com bonanza. Ill-thought out and barely legal companies were sold like rock-star geeks in the media and floated on the stock market for mega millions. What the average investor didn’t know was that the banks had been hustling and changing the rules so that deals looked better than they really were. How did they do this? Taibbi explains: “… by setting up what was, in reality, a two-tiered investment system – one for the insiders who knew the real numbers and another for the lay investor who was invited to chase soaring prices the banks themselves knew were irrational. While Goldman’s later pattern would be to capitalize on changes in the regulatory environment, its key innovation in the internet years was to abandon its own industry’s standards of quality control.” [19]

It was then that financial warfare became a reality and an even bigger tool for the 4C’s net. With no regulation there were no limits to what could be achieved through financial restructuring in its widest possible sense. Goldman was able to vacuum up money in such an effective and extortionate fashion by manipulating the share price otherwise known as “laddering.”

Taibbi describes the process for us in simple terms:

Say you’re Goldman Sachs, and Bullshit.com comes to you and asks you to take their company public. You agree on the usual tennis: You’ll price the stock, determine how many shares should be released and take the Bullshit.com CEO on a “road show~ to schmooze investors, all in exchange for a substantial fee (typically six to seven percent of the amount raised). You then promise your best clients the right to buy big chunks of the IPO at the low offering price -let’s say Bullshit.com’s starting share price is $15 – in exchange for a promise that they will buy more shares later on the open market. That seemingly simple demand gives you inside knowledge of the IPO’s future, knowledge that wasn’t disclosed to the day-trader schmucks who only had the prospectus to go by: You know that certain of your clients who bought X amount of shares at $15 are also going to buy Y more shares at $20 or $25, virtually guaranteeing that the price is going to go to $25 and beyond. In this way, Goldman could artificially jack up the new company’s price, which of course was to the bank’s benefit – a six percent fee of a $500 million IPO is serious money.

Goldman was seen as one of the primary instigators of the crash as a result. Yet when their laddering operations were discovered they paid their fines and continued as if nothing had happened.

Parallel to laddering was the simple use of bribery or “spinning” where shares were offered to executives at extra-low prices in exchange for underwriting business. Banks did their part by undervaluing the initial offering price so that shares rose more rapidly thus providing greater dividends for the insider few and in the shortest possible time. The you-scratch-my-back-I’ll-scratch-yours formula worked in this way: “… instead of Bullsrul.com opening at $20, the bank would approach the Bullshit.com CEO and offer him a million shares of his own company at $18 in exchange for future business effectively robbing all of Bullshit’s new shareholders by diverting cash that should have gone to the company’s bottom line into the private bank account of the company’s CEO.” [20]

When the bubble burst it took thousands of businesses with it, wiping out more than $5 trillion of wealth on the NASDAQ market alone. Once the investment banksters had been rewarded for criminality with huge bonuses (which continues today) and had obtained a taste for how easy it was to inflate and deflate their bubble – the corruption could only get worse. Moreover, it had an ideological basis to it, where skimming off the maximum amount from a capitalist system in decline was not only profitable but necessary if a new global financial architecture was to ever come of age. Bubbles were essential to global governance to break the public spirit and to provide pots of money for new globalist visions.

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Goldman Sachs Headquarters, at 200 West Street, in Manhattan | photo: Quantumquark (wikipedia)

In 2000, true to the formula of sneaking unpopular or downright dangerous acts in at the last minute; when congressman are tired and want to go home to their mistresses, the Commodity Futures Modernization Act found its way into law. It had been inserted into an 11,000 page spending bill with no debate to speak of and very little interest in the implications. Banks were now given free rein to trade default swaps as they pleased. And they did so with impunity in the sub-prime housing crisis leading up to the 2008 crash.

Meanwhile, AIG asked if default swaps could fall under the category of regulatory insurance which meant that Goldman and others could pitch their wares to A-grade investors and the hobo in the street underwriting mortgage-backed securities much of which was subprime. It was the most blatant securities fraud touted as legitimate investing. Ultimately it led to the demise of many companies involved, including AIG. Goldman had the cash to pay lawsuits and fines and was free to walk away yet again with over $1.3 billion of taxpayer’s money from the bailout to AIG which meant that the bank directly profited from the housing bubble not once but twice, or as Taibbi eloquently states: “… it fucked the investors who bought their horseshit CDOs by betting against its own crappy product. Then it turned around and fucked the taxpayer by making him pay off those same bets.” [21]

After the fleecing of the housing market and the myth of housing prices being impervious to change the predators were on the lookout for the next bubble to inflate and burst. The physical-commodities market: foodstuffs, consumables, energy and oil fit the bill. The latter market reacted to this flight from the carnage of the housing crash and the plummeting value of the dollar with the price of a barrel oil shot up from around $55 in mid-2007 to $149 by the summer of 2008. This was due to Goldman and friends manipulating the markets into yet another casino run by lobbying investors and pension fund holders to invest in oil futures on condition that they buy oil at a fixed price and on a specific date of their choosing. Mike Norman, the Chief Economist at the Wall Street firm John Thomas Financial wrote in October 2011: “Total NYMEX open interest in crude is 1.4 m contracts or about 1.4 billion barrels of crude. Daily volume of crude traded on NYMEX is over 1 billion barrels per day. Total daily global demand is only 83 million barrels per day. The amount traded on one single exchange is more than 10 times total daily consumption. It’s a giant casino with prices being driven up by speculators and consumers having to pay more and more.” [22]

Author F. William Engdahl concluded that: “roughly 60-70 percent of the price of oil then was pure speculation, manipulated by the GSCI, the Goldman Sachs Commodity Index” … irrespective of supply and demand”. He observed that the “crucial ingredient” in the success of this manipulation is …“not the NYMEX for the global oil price benchmark, but the ICE Futures in London.”

Why?

He offers this narrative on ICE:

Because the ICE Futures is a daughter company of the International Commodity Exchange of Atlanta in Georgia, owned by Goldman Sachs, Morgan Stanley, JP Morgan Chase etc. – the big oil banks that benefit enormously from the inside. There is absolutely no serious regulation of the ICE Futures. The British keep their hands off it, and the U.S. Commodity Futures Trading Commission, the CFTC, since 2006 under the ‘Commodity Modernization Act of 2000’ allows ICE Futures to trade energy futures without disclosure to CFTC in the U.S. market through London. So, in fact, it has deregulated and taken away from any government supervisory role the entire trade in energy futures, especially oil. This is a rigged game. [23]

>As Goldman and other banks drove investors into the commodities markets speculators placed increasingly reckless bets leading directly to the oil bubble in 2008. This all took place with the same illegal secrecy that we saw in New Jersey and the Cap and Trade, the same benefits which allowed Goldman to become “the chief designer of a giant commodities betting parlor.” Once again a huge loss of wealth occurred when oil-commodities crashed. It led to worldwide chaos sending millions of people below the poverty line and creating food riots and serious unemployment.

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Carbon Tax supporter Goldman Sacs and others are responsible for creating and perpetuating financial bubbles. Brocken Inaglory | Alvesgaspar (wikipedia)

Finally, the crash in September 2008 after the bailout of Bear Stearns, Fannie Mae, Freddie Mac and the sacrifice of Lehman Bros., ( a Goldman competitor) Treasury-Secretary and ex CEO of Goldman Sachs Hank Paulson gave the go-ahead to $85 billion bailout of AIG who owed Goldman $13 billion and therefore allowed the company to pay it back. Meanwhile, industry workers’ jobs and small businesses were dying by the dozen ever hopeful for any assistance – which never came.

What did arrive however, was the notorious Troubled Asset Relief Program (TARP) amounting to $700 billion dollar’s worth of bailout money for the financial industry – namely the banks.

Filled to the brim with ex-Goldman employees surrounding the bailout honeypot like killer bees, Goldman Sachs wanted a piece of it. Thus they managed to do just that by converting themselves from an investment bank to a bank holding company. This permitted access to $10 billion in TARP funds along with an almost infinite Federal Reserve funding, publicly backed but well under the radar. What this means in real terms, is an almost unimaginable level of money was lent or guaranteed by the Federal Reserve by the end March 2009 totalling over $8.7 trillion. The influx of new bailouts and loopholes in the law allowed the Fed to block almost all attempts at congressional auditing so that fiscal details on who received what, when and how remained secret.

More recently, as Europe suffers a depression most intense in Spain, Portugal and Greece we find Goldman’s sticky fingers all over it, most significantly in the country where democracy was born. The company willingly helped Greece conceal its budget deficit by arranging a currency swap so that it could manage $15 billion of bond sales and rack up substantial profits before Greece plunged into chaos. Bill Blain, co-head of fixed income at Matrix Corporate Capital LLP, a London-based broker and fund manager stated: “The price of bonds should reflect the reality of Greece’s finances,” therefore: “If a bank was selling them to investors on the basis of publicly available information, and they were aware that information was incorrect, then investors have been fooled.” [24]

Fooling everyone is the name of game.

In summary, Goldman Sachs is one of many powerful criminal cartels indulging its predatory whims to create the inflation and crash-deflation of four major financial bubbles over several decades. All of these disasters leave a greenback dollar-trail to Goldman and its Rothschild brothers in arms who caused untold misery to millions of people, (mostly pensioners and children) by infiltrating government and bribing spineless members of Congress to fracture society to the point that is almost irreversible. Despite all this, they remain on top while international banking law allows them to secrete their profits away in offshore accounts and claim deductions on the same untaxed income. They are free to start the lucrative financial warfare process again should the next opportunity present itself – and indeed it has.

Goldman Sachs was the leading campaign donor for Barack Obama contributing $981,000. Do we think this is because they liked his smile? Or that he would be the first “black” president? Rather, like so many puppets before him, they knew he’d be compliant having been plucked from obscurity and schooled for the job well in advance. Obama’s White House chief of staff and Zionist Rahm Emanuel whose legacy of funnelling cash contributions from Goldman to the Clinton campaign are well known. First proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson, he accepted the lead role in overseeing and guiding the ‘$700 billion’ bailout through the White House. Along with Treasury chief of staff Mark Patterson and CFTC chief Gary Gensler, both former Goldman Sachs employees – he was in good company. [25]

By 2010, the Obama Administration was infested with Goldmanites just as it was in Clinton’s day.

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Which brings us to the Hamilton Project, a mini version of the Council on Foreign Relations with an emphasis on economics. Funded by Goldman Sachs and Robert Rubin and embedded in the Establishment’s own Brookings Institution, the think-tank is named after Alexander Hamilton who famously described people as “a great beast” and supported the imposition of a State bank and centralised government.

Ex Goldman CEO Rubin is the driving force of Hamilton and stringent economic policies that would ultimately benefit Goldman Sachs and CFR principles. According to journalist Eamon Javers: “Behind the scenes, Rubin still wields enormous influence in Barack Obama’s Washington, chatting regularly with a legion of former employees who dominate the ranks of the young administration’s policy team. He speaks regularly to Treasury Secretary Timothy Geithner, who once worked for Rubin at Treasury.” [26]

The Hamilton Project is a revolving door for Goldman employees and the US government, with the first four directors of the Hamilton Project serving in the Obama Administration. With a heavy mix of Zionist and Anglo-American Establishment groupies, the think-tank includes co-chair Robert Rubin himself; Carlyle Group CEO David Rubenstein; Sheryl Sandberg Chief Operating Officer, Facebook; ex-Goldmanite and Treasury Secretary Lawrence H. Summers; Peter Orszag, Vice Chairman of Global Banking, Citigroup, Inc.; Suzanne Nora Johnson, Former Vice Chairman, Goldman Sachs Group, Inc. Neo-Conservative-transhumanist Peter Thiel and topped off with a heavy sprinkling of Brookings Institute staff and George Town University economics professors. Barack Obama has also given keynote speeches at the Hamilton Project giving his tacit support for both its ideology and policies. [27]

fh4eca65e4Key U.S. Government Positions held by Goldman Sachs alumni. courtesy of prof 77 at ‘Dregs of the Future’ and the post: A List of Goldman Sachs Ties to the Obama Government–including Elena Kagan

Which means the concrete has set for the foundations of Goldman’s next big casino run: cap-and-trade and carbon credits sold to the public as an on-going environmental strategy complimenting sustainable development and re-wilding. If it takes off, Goldman won’t have to do any rigging – it’s all built into the plan mandated by UN Agenda 21 and Western government push for SMART societies worldwide. Goldman has been lobbying hard for Cap and Trade for years and has poured a lot of money into climate change issues, having already invested $500 million in the Green Growth fund.

Carbon credits represent another trillion dollar bubble for Goldmanites and other corporate predators and they mean to have as big a slice of the pie as they can. As Matt Taibbi observed: “This is worse than the bailout: It allows the bank to seize taxpayer money before it’s even collected.” [28]

And that’s what the eco-economic game is all about.


See also: Goldman Sachs to pay $5 billion for misleading mortgage bond investors

Cool itdocumentary by Bjorn Lomborg

 


Notes

[1] http://www.carboncreditsfaq.com/
[2] http://www.aussieinnovation.com/wiki/Megan_Clark
[3] http://www.csiro.au Simon MKeon bio | ‘Macquarie boss gets CSIRO top job’ ABC News, Jun 21, 2010.
[4] Malcolm Turnbull’s Official Australian Parliament House Biography.
[5] His biography on Equity Capital Limited’s website and his fact page at the Museum of Australian Democracy (PDF), Money Management and Australian National University.
[6] Ross Garnaut: Executive Profile & Biography – Businessweek.
[7] Lazard’s website and China Development Bank’s website.
[8] ‘Carbon tax hecklers stop Prime Minister Julia Gillard in her tracks’ by Mark Kenny, Adelaide Now July 14, 2011.

[9] (http://www.environment.gov.au/climate-change/repealing-carbon-tax)
[10] ‘Australia introduces controversial carbon tax’ BBC News, 1 July 2012.
[11] http://www.newjersey.watchdog.org/files/2010/09/RGGI-auction-results-thru-9-10.pdf |WesternClimate Initiative -Currently being designed, anticipated to begin January 2012 (as of 1/2011) http://www.westernclimateinitiative.org
[12] Ibid.
[13] ‘Goldman Sachs, MF Global Among Six New Clearing Members of Green Exchange’ By Mathew Carr, Oct 11, 2010 bloomberg.com
[14] ‘JPMorgan’s record fine’ Bloomberg, June 4, 2010. | ‘JPMorgan fined for wash trades in oil, gasoline’ By David Sheppard, Reuters, Jun 1, 2012. |
[15] ‘J.P. Morgan makes billions in profits from food stamps every year’ by Lou Colagiovanni, The Examiner June 21, 2012.
[16] ‘The Great American Bubble’ By Matt Taibbi, Rolling Stone Magazine July 9-23 2009.
[17] Ibid. (p.54)
[18] Ibid (Taibbi quotes Galbraith from “In Goldman we Trust” (p.54)
[19] Ibid (p.56)
[20] Ibid (p.58)
[21] Ibid. (p.60)
[22] ‘A History of Rigged & Fraudulent Oil Prices (and What It Can Teach Us About Gold & Silver)’ by Lars Schall interview with F. William Engdahl 2011.
[23] Ibid.
[24] ‘Goldman Sachs, Greece Didn’t Disclose Swap Contract’ By Elisa Martinuzzi, Bloomberg, February 17, 2010.
[25] ‘Goldman Sachs Will Be Sitting Pretty With Emanuel in the Obama White House’ Washington Examiner November 20, 2008.
[26] ‘Robert Rubin returns’ By Eamon Javers, Politico, August 4, 2010.
[27] ‘Obama’s “Smoking Gun”: His Hamilton Project Speech shows his links to Goldman, Entitlement Cuts’(Part 1+2) by F. Flambeau . http://www.firedoglake.com/
[28] op. cit.Taibbi (p.101)