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Conspiracy Theory? Element of Truth? Financial terrorism suspected in 2008 economic crash

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

What do you think? Possible?

Answer Question
 
grlygrlz2

Asked by grlygrlz2 at 12:33 PM on Mar. 1, 2011 in Politics & Current Events

Level 39 (106,530 Credits)
Answers (12)
  • http://www.pbs.org/wgbh/pages/frontline/warning/


    we have only ourselves to blame

    jewjewbee

    Answer by jewjewbee at 12:42 PM on Mar. 1, 2011

  • I was just reading it, but do not believe it to much.
    Carpy

    Answer by Carpy at 12:43 PM on Mar. 1, 2011

  • Anything is possible

    sweet-a-kins

    Answer by sweet-a-kins at 12:45 PM on Mar. 1, 2011

  • So interesting.

    I know it hurt oil companies, Middle Eastern and American, so very much to raise prices in 2008 and push our economy right into the ditch.

    I know it did.

    I am left wondering if Mr. Obama likes this report or hates it.
    mustbeGRACE

    Answer by mustbeGRACE at 12:54 PM on Mar. 1, 2011

  • Always been possible - always will be. The more automated and connected our systems become, the more vulnerable they are. Whether that means it's what actually happened in this case - no telling. I think it would be a trick to prove it in any event, because any digital terrorist attack would have such cascading impact, you may never be able to trace it back to a "typhoid mary" type event. Assume whatever nature it was, it would include a destructive element that would make it near impossible to track down exactly which line of code or blip of server traffic started it (unless it was a really ignorant group that bragged about it later, as some cyberhotshots are prone to doing)
    NotPanicking

    Answer by NotPanicking at 1:11 PM on Mar. 1, 2011

  • Are we now considering the democrat party to be terrorists?
    Carpy

    Answer by Carpy at 1:31 PM on Mar. 1, 2011

  • George Soros comes to mind.


    He has destroyed the economies of a few other countries.

    Natesmom507

    Answer by Natesmom507 at 2:30 PM on Mar. 1, 2011

  • Yes nateSmom has said what I was thimking. HE HAS HIS SIGHTS SET ON OURS.
    Ibelongtojesus

    Answer by Ibelongtojesus at 3:27 PM on Mar. 1, 2011

  • The old haters coming out in force again. The recession began under Bush and was in the making before 2007 . George Soros was one of a number of prominent financiers and economists who warned trouble was coming but were of course ignired by the Bush Administration who did like to hear bad knews from those who did not share their ideology and actually understood economics and finance , which GWB did not.

    The cause of the recession as been extensively covered in books and TV documentaries , there is no mystery and no need of conspiracy theories. People like them, there is always a market for them of course.
    janet116

    Answer by janet116 at 6:51 PM on Mar. 1, 2011

  • he cause of the recession as been extensively covered in books and TV documentaries , there is no mystery and no need of conspiracy theories. People like them, there is always a market for them of course.


    Hrmmmmmm whose opinion is more valid~ Pentagon Report vs. a Canuck Mom....  Ohhhhh wait a Canuck mom who watches TV documentaries and relies on them as her "source"......   BTW,  NP hits the homerun on this one... ;o)

    grlygrlz2

    Comment by grlygrlz2 (original poster) at 6:56 PM on Mar. 1, 2011

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