Wednesday - February 11, 2009

Economic Collapse: Act of War, or Act of Politics?

Representative Paul Kanjorski (D-PA), Capital Markets Subcommittee Chair, talking about why the government was in such a rush to inject $700 Billion into the banking industry back in September, and why that money really isn’t to be used for loans. It’s there to build capital reserves, to put some bedrock back into the banks’ foundations. Kanjorski talks about what went on at a closed door meeting between Paulson and Congress.

“On Thursday at about 11 o’clock in the morning, the Federal Reserve noticed a tremendous draw down of money market accounts in the Unites States to the tune of $550 Billion dollars was being drawn out in a matter of an hour or two. The Treasury opened up their window to help. They pumped in $105 Billion into the system, and quickly realized they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts, and announce a guarantee of $250,000 per account, so their wouldn’t be further panic out there, and that’s what actually happened.

If they had not done that, their estimation was that by 2 o’clock that afternoon $5.5 Trillion would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed. Now we talked at that time, about what would happen if that happened. It would have been the end of our economic and political system as we know it.”

In plain English, he is saying that there was a deliberate run on the banking system. He does not say where the run came from, or who was behind it. Soros, with his history of shorting the Pound and mangling the Thai money a few years ago? The Saudis? Iran? Russia? Was this an act of war, or an act of political leverage? Both are possible. It only takes a few snowballs to start an avalanche.

Want to point fingers? Go read all about it at Atlas Shrugs. The links trace back to Capitalism Gone Wild. You can watch the video in both places, and it’s out at Live Leak. Start really listening closely at the 2:10 mark.



Don’t throw this idea away because it seems like a gold plated tinfoil hat conspiracy theory. This is the modern world, and wars can be waged and won sometimes without firing a shot. And we are involved in a war right now, and it is global, and we have many enemies.

Want another example? Better be glad that no military emergency cropped up in Europe last month.  Because the British and the French air forces and navies weren’t working too well ... because the planes and ships had been brought down by the conficker computer virus. A virus that got inside and started sending all the British military emails to a Russian computer server. But it caught fire right at the same time Russian bombers were “testing” the edges of British airspace. Coincidence?

The UK Ministry of Defense (MoD) confirmed inquiries made by the website The Register that since the 6th of January 2009, “the performance of the MOD IT systems in a number of areas was affected by a virus… This meant that some people were without regular IT access (i.e. email, internet). There have been no infections detected on any networks with sensitive information.”

The Register’s story says that the virus is affecting Royal Navy warships like the carrier HMS Ark Royal.

“The Navy computers infected are the NavyStar (N*) system, based on a server cabinet and cable-networked PCs on each warship and used for purposes such as storekeeping, email and similar support functions. N* ship nets connect to wider networks by shore connection when vessels are in harbour and using satcomms when at sea,” says the story.

Virus sends RAF emails to Russia
The Ministry of Defence is investigating a major breach in security amid claims that all e-mail traffic from a number of RAF stations has been sent to a Russian internet server.

The e-mails were allegedly diverted to the Russian sender by a worm virus that entered the MoD systems 12 days ago bringing down computers and blocking e-mail communications across the military.

Small peanuts? Think how effective and instantaneous a spy system would be if it got BCCed on every email that went through the military. Now, if a virus can get in that can do that, what’s stopping a more malicious virus from doing a bit of harm? Let’s try one out on the French and see what happens ...

French fighter planes grounded by computer virus
French fighter planes were unable to take off after military computers were infected by a computer virus, an intelligence magazine claims.  The aircraft were unable to download their flight plans after databases were infected by a Microsoft virus they had already been warned about several months beforehand. At one point French naval staff were also instructed not to even open their computers.

Microsoft had warned that the “Conficker” virus, transmitted through Windows, was attacking computer systems in October last year, but according to reports the French military ignored the warning and failed to install the necessary security measures.

Sacre bleu! Brought to their knees faster than they could even reach for the white flags! But they rescue a bit of Gallic pride by noting that the British were screwed even worse the month before by the same bug!

The French press also reported that the only consolation for the French Navy was that it was not the only ones to have fallen victim to the virus. It said that a report in the military review Defense Tech revealed that in the first days of January 2009 the British Defence Ministry had been attacked by a hybrid of the virus that had substantially and seriously infected the computer systems of more than 24 RAF bases and 75 per cent of the Royal Navy fleet including the aircraft carrier Ark Royal.

What was 9/11 2001? It was a physical attack against our financial and military control systems. It sure would be illuminating to know what date Kanjorski was really referring to in the video. He states that the meeting was on September 15th, but he starts his explanation of the bank run with “On Thursday, at about 11 o’clock”. September 15th was a Monday. The previous Thursday was September 11th.

Kanjorski - “Someone threw us in the middle of the Atlantic ocean without a life raft. We are trying to determine which is the closest shore and whether there is any chance in the world to swim that far. We don’t know.”

Let’s find that someone. And kill them.

Posted by Drew458     on 02/11/2009 at 02:38 PM   
Filed Under: • Economics • War On Terror •  
• Comments (2) • Trackbacks(0)  Permalink •  

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