Tuesday, January 17, 2012

The way it is


I'm reading a really fascinating nonfiction book called SECRET WEAPON: How Economic Terrorism Brought Down the US Stock Market and Why it Can Happen Again by Kevin Freeman. Here is a description:

Who’s really to blame for America’s catastrophic financial meltdown and devastating national recession? Contrary to what the “Occupy Movement” might tell you, it’s not greedy Wall Street executives. No, as one of America’s top financial professionals reveals in this shocking new book, the real culprit is economic warfare, with our foreign enemies exploiting our lurking financial weaknesses. In Secret Weapon, Kevin D. Freeman unveils how all the evidence—including motive, means, and opportunity—points to America’s foreign enemies as deliberately pushing our economy over the brink. In this stunning exposé, Freeman reveals: The evidence linking Communist China and Islamic finance to economic warfare against the United States. Why initial reports linked the 2008 stock market crash to economic terrorism—and why the Obama administration continues to look the other way. How the financial attack unfolded—and how the perpetrators tried to cover their tracks. Why you should expect another financial attack even more devastating than the last one—and how you can protect yourself from it. In Secret Weapon you’ll learn what our enemies know and what the Obama administration has chosen to ignore—that our financial system is profoundly vulnerable to financial terrorism, and that we are being targeted for further and even more destructive attacks by our enemies, who want to cripple America as the world’s leading economy. If you want to protect yourself and protect our country, then you need to read Secret Weapon to understand how we have entered a new age of warfare—an age our enemies want to make the Dark Ages of the United States.

It was published in January and has 256 pages. This is on my Kindle. It is really interesting and plausible. An example of economic terrorism: Bin Laden always said part of his strategy was to destroy the American economy. Just days before 9/11, someone purchased a lot of short stock in the airline industry. That means they will make a profit if the price goes down. That someone made a lot of money because the airlines decreased by 30 to 40%. The estimated cost, aside from lives, of 9/11 is in the trillions and America still hasn't fully recovered. This book is building a case for three stages of American economic terrorism: stage 1 was 9/11, stage 2 was the fall of 2008, stage 3 is devaluing the currency, where we are at right now.

So not much happening today; work, walked the dogs, dinner. Now I'm reading some emails and have the WSJ.

Much love,
PK the Bookeemonster

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