Queen's Uni. Belfast scholar links credit crunch to 9/11

[TonyGosling]

Not 'our' Andy B but another one a little slower on the uptake has made the news today.

Queen's scholar links credit crunch to 9/11
Tuesday, 28 October 2008
A Queen’s University academic has claimed the seeds of the current global credit crunch lie in the US response to the 9/11 terror attacks.

Dr Andrew Baker made the claims at the launch of a new Politics, Philosophy and Economics degree at Queen’s. The course — the first of its kind in Ireland — will give students a unique insight into how politics, business and commerce overlap and including what has caused the global economic crisis.
Launching the course, Dr Baker said: “While there is no simple, straight-forward explanation for the recent economic downturn, we can trace the roots of the crisis back to the 9/11 terror attacks. After 9/11 American people were encouraged to spend, spend, spend in the spirit of patriotism, to help restart the flailing economy.”
Gerry Mallon, Chief Executive of Northern Bank, said: “The current crisis illustrates just how intertwined political, philosophical and economic issues are. The introduction of this degree at Queen’s could not be more timely.”
A similar degree at Oxford University boasts an impressive list of graduates including former Prime Ministers and Presidents, such as Harold Wilson and Bill Clinton, businessmen like Rupert Murdoch, politicians such as Imran Khan, and journalists including BBC political editor Nick Robinson.
Anyone interested can find out more at the School of Politics, International Studies and Philosophy at Queen’s tomorrow at 1.30pm or visit the School of Politics, International Studies and Philosophy website at http://www.qub.ac.uk
http://www.belfasttelegraph.co.uk/news/education/queens-scholar-links- credit-crunch-to-911-14018268.html

[Keith Mothersson]

Rumsfeld told Pentagon press conference the day before Sept 11 that they were having trouble tracing all the money in past Pentagon budgets, including maybe as much as 2.3 trillion for fiscal year 1999-2000 I think it was. (1.1 trillion the next year, according to Cynthia McKinney, who was clearly skeptical about the official reason for the computer systems of different departments/branches of the DoD not being able to communicate properly with each others finacnaial systems, hence the supposed difficulty in budgetary reconciliation. Which is actually just a cover-story for financial looting, one suspects.)

The day after 9/11 it was anmounced that the Comptroller Gereral of the Pentago, the Budgetary controller, was one of the people on one of the 9/11 Flights (which may or may not have existed-separate argument that). ). So he is either killed that day by someone/somehow or given a new ID someplace else. Also it turns out that the very place which the 'Plane' (misslie/bombs) struck in the Pentagon housed a key office and many staff working on all this budget stuff, so lots of evidence is destroyed.

$2.3 trillion is not a small amount. Similar looting has taken place in all sorts of other ways (BCCI, Savings and Loan, etc often with Bush family members invovled). Creditors can't be paid back, trust in the financial system breaks down, new scams thought up, new captures of the regulatory regime (and decent officials like Spitzer who tried to organise collective resistance to the sub-crime mortgage rackets are lured and discredited) and so it goes..... nothing can get cleaned up until the US and the world can bear the truth about 911.

Why was this announced the day before 9/11? Not just to bury bad news, but also to announce to lots of co-conspirators (albeit at lowly levels in the chain, who may not initially have realised what their work turned out to be part of) that there would be serious amounts of money available for those who kept their mouths shut???