Showing posts with label conspiracies. Show all posts
Showing posts with label conspiracies. Show all posts

Saturday, November 29, 2014

Writer, nuclear power expert, and green-powered-Earth advocate Harvey Wasserman reflects on how much better our country would have been today if President Kennedy had not been cruelly taken from us by conspirators never quite identified ...except maybe now in the must-watch preceding post!



Can We Ever Recover from the Murder of John Kennedy?

Harvey Wasserman | November 24, 2014 7:25 am


The images we ingest never cease to shape us.

Just 51 years ago, the head of a profoundly gifted young man was blown apart.

A few months earlier he’d given a speech that promised a new dawn.

He reached out to our enemies. He talked of going to the moon, of technological breakthrough and human promise. And he stopped the radioactive madness of atmospheric Bomb testing, a reason many of us are alive today.

It’s easy to idealize John Kennedy.


We still debate what he might have done in Vietnam.

But since the war did escalate, and we know the horrible costs to us all, then the possibility that he might have gotten us out gnaws at our soul.

So does not being sure about who actually killed him.

And then there’s the horror of the moment itself. A fellow human, blown apart before our eyes.

It hurts to think about it. To write about it. How can sorrow not reign in our hearts over this terrible human image that so deeply defines us?

As a nation, we still feel the murder of Abraham Lincoln. Having won a Constitutional Amendment to end slavery, he was the only one to smooth the transition from civil war to progressive peace. We still pay for losing him.

And for the image of a good man, seated happily in a theater, next to his wife … as a time for healing is unbearably shattered by a bullet to the head.

Russia never really recovered after Alexander II, a rare reformist czar, was murdered in 1881 while moving his nation toward a democratic constitution.

Michael Collins was a violent Irish revolutionary who turned to peace amidst a horrendous civil war.

Could he have ended it? All we know is the Troubles dragged on a ghastly seven decades after he was shot.

Mahatma Gandhi led the world’s first successful nonviolent anti-imperial campaign, then fasted nearly to the death to help halt a Hindu-Muslim civil war.

Then he was shot. And what is the outcome?

Egypt’s Anwar Sadat and Israel’s Yitzhak Rabin were also murdered. And what’s come since?

In America … Medgar Evers and Malcolm X, Martin Luther King and Bobby Kennedy … and then John Lennon.

Around the world, names we don’t know. Faces we haven’t seen. Social movements crushed, freedoms lost, good people killed (too often by our own government) deadening the soul.

And who is next? Does all this mean activists of great heart and artists for social change inevitably court a death sentence?

It’s long been clear, for a wide variety of reasons, that we cannot rely on “great leaders” to save our world for us.

But can our minds and souls ever recover from such horrible images repeatedly rammed into our brains?

Lynn Stuart Parramore has written with brilliance at AlterNet about the traumas we all face in today’s America.

In their wake, we are being poisoned by a ghastly, malignant class of zombie corporations somehow granted human rights and no human responsibilities.

They have gutted the Democratic Party and seized our government.

Their cancer is of injustice, cynicism, pollution and war.

Avoidable poverty, racism for the hell of it, a gutted democracy, eco-suicide for private profit, perpetual war for its own sake … they all metastasize to feed the corporate tumor.

Another election has been bought, rigged, stolen and lynched. The internet is endangered. Likewise our civil liberties.

So do we turn our heads “until the darkness goes”?

Or do we face the unthinkable head-on, and refuse to blink (except momentarily—we all need a break from time to time) at what we see?

Somehow we have survived since John Kennedy was killed. Kids have been born … and so have social movements … along with many surprising twists of fate.

We are winning a culture war barely begun in 1963.

Silent Spring had just been published. An avid sailor, we don’t know how JFK might have interacted with a nascent environmental movement.

But born it was. A half-century later, Solartopian technologies are poised to green-power our economy. We have the means to survive in harmony with our Mother Earth.

But can we muster the political power to cure our corporate cancer?

Richard Nixon has come and gone. So have Ronald Reagan and George W. Bush.

Now “Hope and Change” join them in the compost of history. They came too cheap. They meant too little.

Apparently we have more lessons to learn, more inner strength to build.

Departed friend, whoever you might have become, whatever you might have done, you have left us no choice.

The better angels of our souls now demand that we ask not what our planet can do for us …
HARVEY WASSERMAN’S HISTORY OF THE UNITED STATES is at www.solartopia.org, along with SOLARTOPIA! OUR GREEN-POWERED EARTH. In 1960, he saw John Kennedy speak on the steps of the Ohio statehouse.

Friday, May 10, 2013

Those who disbelieve conspiracy theories are doomed to be victims of massive global conspiracies regarded by our complicit government to be too big to jail: The latest stunning evidence is reported here.









Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix


Read more: Go here. Follow us: @rollingstone on Twitter | RollingStone on Facebook

Illustration by Victor Juhasz



























Matt Taibbi is a contributing editor for
Rolling Stone. He’s the author of five
books and a winner of the National
Magazine Award for commentary.
Please direct all media requests to
taibbimedia@yahoo.com
April 25, 2013 1:00 PM ET

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything.

You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that's trillion, with a "t") worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it "dwarfs by orders of magnitude any financial scam in the history of markets."

That was bad enough, but now Libor may have a twin brother. Word has leaked out that the London-based firm ICAP, the world's largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world's largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

It should surprise no one that among the players implicated in this scheme to fix the prices of interest-rate swaps are the same megabanks – including Barclays, UBS, Bank of America, JPMorgan Chase and the Royal Bank of Scotland – that serve on the Libor panel that sets global interest rates. In fact, in recent years many of these banks have already paid multimillion-dollar settlements for anti-competitive manipulation of one form or another (in addition to Libor, some were caught up in an anti-competitive scheme, detailed in Rolling Stone last year, to rig municipal-debt service auctions). Though the jumble of financial acronyms sounds like gibberish to the layperson, the fact that there may now be price-fixing scandals involving both Libor and ISDAfix suggests a single, giant mushrooming conspiracy of collusion and price-fixing hovering under the ostensibly competitive veneer of Wall Street culture.

The Scam Wall Street Learned From the Mafia

Why? Because Libor already affects the prices of interest-rate swaps, making this a manipulation-on-manipulation situation. If the allegations prove to be right, that will mean that swap customers have been paying for two different layers of price-fixing corruption. If you can imagine paying 20 bucks for a crappy PB&J because some evil cabal of agribusiness companies colluded to fix the prices of both peanuts and peanut butter, you come close to grasping the lunacy of financial markets where both interest rates and interest-rate swaps are being manipulated at the same time, often by the same banks.

"It's a double conspiracy," says an amazed Michael Greenberger, a former director of the trading and markets division at the Commodity Futures Trading Commission and now a professor at the University of Maryland. "It's the height of criminality."

The bad news didn't stop with swaps and interest rates. In March, it also came out that two regulators – the CFTC here in the U.S. and the Madrid-based International Organization of Securities Commissions – were spurred by the Libor revelations to investigate the possibility of collusive manipulation of gold and silver prices. "Given the clubby manipulation efforts we saw in Libor benchmarks, I assume other benchmarks – many other benchmarks – are legit areas of inquiry," CFTC Commissioner Bart Chilton said.

But the biggest shock came out of a federal courtroom at the end of March – though if you follow these matters closely, it may not have been so shocking at all – when a landmark class-action civil lawsuit against the banks for Libor-related offenses was dismissed. In that case, a federal judge accepted the banker-defendants' incredible argument: If cities and towns and other investors lost money because of Libor manipulation, that was their own fault for ever thinking the banks were competing in the first place.

"A farce," was one antitrust lawyer's response to the eyebrow-raising dismissal.

"Incredible," says Sylvia Sokol, an attorney for Constantine Cannon, a firm that specializes in antitrust cases.

All of these stories collectively pointed to the same thing: These banks, which already possess enormous power just by virtue of their financial holdings – in the United States, the top six banks, many of them the same names you see on the Libor and ISDAfix panels, own assets equivalent to 60 percent of the nation's GDP – are beginning to realize the awesome possibilities for increased profit and political might that would come with colluding instead of competing. Moreover, it's increasingly clear that both the criminal justice system and the civil courts may be impotent to stop them, even when they do get caught working together to game the system.

If true, that would leave us living in an era of undisguised, real-world conspiracy, in which the prices of currencies, commodities like gold and silver, even interest rates and the value of money itself, can be and may already have been dictated from above. And those who are doing it can get away with it. Forget the Illuminati – this is the real thing, and it's no secret. You can stare right at it, anytime you want.

The banks found a loophole, a basic flaw in the machine. Across the financial system, there are places where prices or official indices are set based upon unverified data sent in by private banks and financial companies. In other words, we gave the players with incentives to game the system institutional roles in the economic infrastructure.

Libor, which measures the prices banks charge one another to borrow money, is a perfect example, not only of this basic flaw in the price-setting system but of the weakness in the regulatory framework supposedly policing it. Couple a voluntary reporting scheme with too-big-to-fail status and a revolving-door legal system, and what you get is unstoppable corruption.

Every morning, 18 of the world's biggest banks submit data to an office in London about how much they believe they would have to pay to borrow from other banks. The 18 banks together are called the "Libor panel," and when all of these data from all 18 panelist banks are collected, the numbers are averaged out. What emerges, every morning at 11:30 London time, are the daily Libor figures.

Banks submit numbers about borrowing in 10 different currencies across 15 different time periods, e.g., loans as short as one day and as long as one year. This mountain of bank-submitted data is used every day to create benchmark rates that affect the prices of everything from credit cards to mortgages to currencies to commercial loans (both short- and long-term) to swaps.

Gangster Bankers Broke Every Law in the Book

Dating back perhaps as far as the early Nineties, traders and others inside these banks were sometimes calling up the company geeks responsible for submitting the daily Libor numbers (the "Libor submitters") and asking them to fudge the numbers. Usually, the gimmick was the trader had made a bet on something – a swap, currencies, something – and he wanted the Libor submitter to make the numbers look lower (or, occasionally, higher) to help his bet pay off.

Famously, one Barclays trader monkeyed with Libor submissions in exchange for a bottle of Bollinger champagne, but in some cases, it was even lamer than that. This is from an exchange between a trader and a Libor submitter at the Royal Bank of Scotland:
SWISS FRANC TRADER: can u put 6m swiss libor in low pls?...
PRIMARY SUBMITTER: Whats it worth
SWSISS FRANC TRADER: ive got some sushi rolls from yesterday?...
PRIMARY SUBMITTER: ok low 6m, just for u
SWISS FRANC TRADER: wooooooohooooooo. . . thatd be awesome
Screwing around with world interest rates that affect billions of people in exchange for day-old sushi – it's hard to imagine an image that better captures the moral insanity of the modern financial-services sector.

Hundreds of similar exchanges were uncovered when regulators like Britain's Financial Services Authority and the U.S. Justice Department started burrowing into the befouled entrails of Libor. The documentary evidence of anti-competitive manipulation they found was so overwhelming that, to read it, one almost becomes embarrassed for the banks. "It's just amazing how Libor fixing can make you that much money," chirped one yen trader. "Pure manipulation going on," wrote another.

Yet despite so many instances of at least attempted manipulation, the banks mostly skated. Barclays got off with a relatively minor fine in the $450 million range, UBS was stuck with $1.5 billion in penalties, and RBS was forced to give up $615 million. Apart from a few low-level flunkies overseas, no individual involved in this scam that impacted nearly everyone in the industrialized world was even threatened with criminal prosecution.

Two of America's top law-enforcement officials, Attorney General Eric Holder and former Justice Department Criminal Division chief Lanny Breuer, confessed that it's dangerous to prosecute offending banks because they are simply too big. Making arrests, they say, might lead to "collateral consequences" in the economy.

The relatively small sums of money extracted in these settlements did not go toward reparations for the cities, towns and other victims who lost money due to Libor manipulation. Instead, it flowed mindlessly into government coffers. So it was left to towns and cities like Baltimore (which lost money due to fluctuations in their municipal investments caused by Libor movements), pensions like the New Britain, Connecticut, Firefighters' and Police Benefit Fund, and other foundations – and even individuals (billionaire real-estate developer Sheldon Solow, who filed his own suit in February, claims that his company lost $450 million because of Libor manipulation) – to sue the banks for damages.

One of the biggest Libor suits was proceeding on schedule when, early in March, an army of superstar lawyers working on behalf of the banks descended upon federal judge Naomi Buchwald in the Southern District of New York to argue an extraordinary motion to dismiss. The banks' legal dream team drew from heavyweight Beltway-connected firms like Boies Schiller (you remember David Boies represented Al Gore), Davis Polk (home of top ex-regulators like former SEC enforcement chief Linda Thomsen) and Covington & Burling, the onetime private-practice home of both Holder and Breuer.

The presence of Covington & Burling in the suit – representing, of all companies, Citigroup, the former employer of current Treasury Secretary Jack Lew – was particularly galling. Right as the Libor case was being dismissed, the firm had hired none other than Lanny Breuer, the same Lanny Breuer who, just a few months before, was the assistant attorney general who had balked at criminally prosecuting UBS over Libor because, he said, "Our goal here is not to destroy a major financial institution."

In any case, this all-star squad of white-shoe lawyers came before Buchwald and made the mother of all audacious arguments. Robert Wise of Davis Polk, representing Bank of America, told Buchwald that the banks could not possibly be guilty of anti- competitive collusion because nobody ever said that the creation of Libor was competitive. "It is essential to our argument that this is not a competitive process," he said. "The banks do not compete with one another in the submission of Libor."

If you squint incredibly hard and look at the issue through a mirror, maybe while standing on your head, you can sort of see what Wise is saying. In a very theoretical, technical sense, the actual process by which banks submit Libor data – 18 geeks sending numbers to the British Bankers' Association offices in London once every morning – is not competitive per se.

But these numbers are supposed to reflect interbank-loan prices derived in a real, competitive market. Saying the Libor submission process is not competitive is sort of like pointing out that bank robbers obeyed the speed limit on the way to the heist. It's the silliest kind of legal sophistry.

But Wise eventually outdid even that argument, essentially saying that while the banks may have lied to or cheated their customers, they weren't guilty of the particular crime of antitrust collusion. This is like the old joke about the lawyer who gets up in court and claims his client had to be innocent, because his client was committing a crime in a different state at the time of the offense.

"The plaintiffs, I believe, are confusing a claim of being perhaps deceived," he said, "with a claim for harm to competition."

Judge Buchwald swallowed this lunatic argument whole and dismissed most of the case. Libor, she said, was a "cooperative endeavor" that was "never intended to be competitive." Her decision "does not reflect the reality of this business, where all of these banks were acting as competitors throughout the process," said the antitrust lawyer Sokol. Buchwald made this ruling despite the fact that both the U.S. and British governments had already settled with three banks for billions of dollars for improper manipulation, manipulation that these companies admitted to in their settlements.

Michael Hausfeld of Hausfeld LLP, one of the lead lawyers for the plaintiffs in this Libor suit, declined to comment specifically on the dismissal. But he did talk about the significance of the Libor case and other manipulation cases now in the pipeline.

"It's now evident that there is a ubiquitous culture among the banks to collude and cheat their customers as many times as they can in as many forms as they can conceive," he said. "And that's not just surmising. This is just based upon what they've been caught at."

Greenberger says the lack of serious consequences for the Libor scandal has only made other kinds of manipulation more inevitable. "There's no therapy like sending those who are used to wearing Gucci shoes to jail," he says. "But when the attorney general says, 'I don't want to indict people,' it's the Wild West. There's no law."

The problem is, a number of markets feature the same infrastructural weakness that failed in the Libor mess. In the case of interest-rate swaps and the ISDAfix benchmark, the system is very similar to Libor, although the investigation into these markets reportedly focuses on some different types of improprieties.

Though interest-rate swaps are not widely understood outside the finance world, the root concept actually isn't that hard. If you can imagine taking out a variable-rate mortgage and then paying a bank to make your loan payments fixed, you've got the basic idea of an interest-rate swap.

In practice, it might be a country like Greece or a regional government like Jefferson County, Alabama, that borrows money at a variable rate of interest, then later goes to a bank to "swap" that loan to a more predictable fixed rate. In its simplest form, the customer in a swap deal is usually paying a premium for the safety and security of fixed interest rates, while the firm selling the swap is usually betting that it knows more about future movements in interest rates than its customers.

Prices for interest-rate swaps are often based on ISDAfix, which, like Libor, is yet another of these privately calculated benchmarks. ISDAfix's U.S. dollar rates are published every day, at 11:30 a.m. and 3:30 p.m., after a gang of the same usual-suspect megabanks (Bank of America, RBS, Deutsche, JPMorgan Chase, Barclays, etc.) submits information about bids and offers for swaps.

And here's what we know so far: The CFTC has sent subpoenas to ICAP and to as many as 15 of those member banks, and plans to interview about a dozen ICAP employees from the company's office in Jersey City, New Jersey. Moreover, the International Swaps and Derivatives Association, or ISDA, which works together with ICAP (for U.S. dollar transactions) and Thomson Reuters to compute the ISDAfix benchmark, has hired the consulting firm Oliver Wyman to review the process by which ISDAfix is calculated. Oliver Wyman is the same company that the British Bankers' Association hired to review the Libor submission process after that scandal broke last year. The upshot of all of this is that it looks very much like ISDAfix could be Libor all over again.

"It's obviously reminiscent of the Libor manipulation issue," Darrell Duffie, a finance professor at Stanford University, told reporters. "People may have been naive that simply reporting these rates was enough to avoid manipulation."

And just like in Libor, the potential losers in an interest-rate-swap manipulation scandal would be the same sad-sack collection of cities, towns, companies and other nonbank entities that have no way of knowing if they're paying the real price for swaps or a price being manipulated by bank insiders for profit. Moreover, ISDAfix is not only used to calculate prices for interest-rate swaps, it's also used to set values for about $550 billion worth of bonds tied to commercial real estate, and also affects the payouts on some state-pension annuities.

So although it's not quite as widespread as Libor, ISDAfix is sufficiently power-jammed into the world financial infrastructure that any manipulation of the rate would be catastrophic – and a huge class of victims that could include everyone from state pensioners to big cities to wealthy investors in structured notes would have no idea they were being robbed.

"How is some municipality in Cleveland or wherever going to know if it's getting ripped off?" asks Michael Masters of Masters Capital Management, a fund manager who has long been an advocate of greater transparency in the derivatives world. "The answer is, they won't know."

Worse still, the CFTC investigation apparently isn't limited to possible manipulation of swap prices by monkeying around with ISDAfix. According to reports, the commission is also looking at whether or not employees at ICAP may have intentionally delayed publication of swap prices, which in theory could give someone (bankers, cough, cough) a chance to trade ahead of the information.

Swap prices are published when ICAP employees manually enter the data on a computer screen called "19901." Some 6,000 customers subscribe to a service that allows them to access the data appearing on the 19901 screen.

The key here is that unlike a more transparent, regulated market like the New York Stock Exchange, where the results of stock trades are computed more or less instantly and everyone in theory can immediately see the impact of trading on the prices of stocks, in the swap market the whole world is dependent upon a handful of brokers quickly and honestly entering data about trades by hand into a computer terminal.

Any delay in entering price data would provide the banks involved in the transactions with a rare opportunity to trade ahead of the information. One way to imagine it would be to picture a racetrack where a giant curtain is pulled over the track as the horses come down the stretch – and the gallery is only told two minutes later which horse actually won. Anyone on the right side of the curtain could make a lot of smart bets before the audience saw the results of the race.

At ICAP, the interest-rate swap desk, and the 19901 screen, were reportedly controlled by a small group of 20 or so brokers, some of whom were making millions of dollars. These brokers made so much money for themselves the unit was nicknamed "Treasure Island."

Already, there are some reports that brokers of Treasure Island did create such intentional delays. Bloomberg interviewed a former broker who claims that he watched ICAP brokers delay the reporting of swap prices. "That allows dealers to tell the brokers to delay putting trades into the system instead of in real time," Bloomberg wrote, noting the former broker had "witnessed such activity firsthand." An ICAP spokesman has no comment on the story, though the company has released a statement saying that it is "cooperating" with the CFTC's inquiry and that it "maintains policies that prohibit" the improper behavior alleged in news reports.

The idea that prices in a $379 trillion market could be dependent on a desk of about 20 guys in New Jersey should tell you a lot about the absurdity of our financial infrastructure. The whole thing, in fact, has a darkly comic element to it. "It's almost hilarious in the irony," says David Frenk, director of research for Better Markets, a financial-reform advocacy group, "that they called it ISDAfix."

After scandals involving libor and, perhaps, ISDAfix, the question that should have everyone freaked out is this: What other markets out there carry the same potential for manipulation? The answer to that question is far from reassuring, because the potential is almost everywhere. From gold to gas to swaps to interest rates, prices all over the world are dependent upon little private cabals of cigar-chomping insiders we're forced to trust.

"In all the over-the-counter markets, you don't really have pricing except by a bunch of guys getting together," Masters notes glumly.

That includes the markets for gold (where prices are set by five banks in a Libor-ish teleconferencing process that, ironically, was created in part by N M Rothschild & Sons) and silver (whose price is set by just three banks), as well as benchmark rates in numerous other commodities – jet fuel, diesel, electric power, coal, you name it. The problem in each of these markets is the same: We all have to rely upon the honesty of companies like Barclays (already caught and fined $453 million for rigging Libor) or JPMorgan Chase (paid a $228 million settlement for rigging municipal-bond auctions) or UBS (fined a collective $1.66 billion for both muni-bond rigging and Libor manipulation) to faithfully report the real prices of things like interest rates, swaps, currencies and commodities.

All of these benchmarks based on voluntary reporting are now being looked at by regulators around the world, and God knows what they'll find. The European Federation of Financial Services Users wrote in an official EU survey last summer that all of these systems are ripe targets for manipulation. "In general," it wrote, "those markets which are based on non-attested, voluntary submission of data from agents whose benefits depend on such benchmarks are especially vulnerable of market abuse and distortion."

Translation: When prices are set by companies that can profit by manipulating them, we're fucked.

"You name it," says Frenk. "Any of these benchmarks is a possibility for corruption."

The only reason this problem has not received the attention it deserves is because the scale of it is so enormous that ordinary people simply cannot see it. It's not just stealing by reaching a hand into your pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever's in your pocket worth less. This is corruption at the molecular level of the economy, Space Age stealing – and it's only just coming into view.

This story is from the May 9th, 2013 issue of Rolling Stone.


Saturday, September 10, 2011

IF, GOD FORBID, THERE IS A SEQUEL TO THE 9/11/01 ATTACKS: EXPECT THE HIJACKED AIRLINERS TO BE AIRBUS A330s

8 June 2009: Brazilian Navy recovers tail fin of Air France Flight 447
12 May 2010: Officials inspect the tail fin of Afriqiyah Airways Flight 771

As the 10th anniversary of the 9/11 attacks approaches, the majority of Americans believe the official conspiracy theory, which holds that these attacks were carried out with super-human stealth and precision by a group of Arabs well known to have been total bunglers before 9/11/01, see here for instance. These Americans have the so-called mainstream media to thank for implanting and constantly refreshing the official conspiracy theory in their minds, while deprecating as “conspiracy theorists” anyone remarking on the myriad contradictions between the official theory and what is publicly known.

Indeed, former Reagan Asst. Treasury Secretary Paul Craig Roberts poses this riddle:
“One would think that if a handful of Arabs managed to outwit not merely the CIA and FBI but all 16 US intelligence agencies, all intelligence agencies of our allies including Mossad, the National Security Council, the State Department, NORAD, airport security four times on one morning, air traffic control, etc., the President, Congress, and the media would be demanding to know how such an improbable event could occur. Instead, the White House put up a wall of resistance to finding out, and Congress and the media showed little interest.”
No member of any of the U.S. Government agencies listed above has ever been accused of dereliction of duty much less been subjected to disciplinary action. I find this ironic, given that I was actually threatened with disciplinary action for creating a lampoon of the Naval Research Laboratory’s internal news paper (for my own amusement, but someone did me no favor by posting one of the few “eyes-only” copies on a lab bulletin board). Surely NORAD’s dismal failure on the morning of 9/11/01 was a more punishable offence than mine, yet there is no evidence that anyone at NORAD was ever disciplined. However, the big difference is that I was the lone miscreant. By contrast, if some lowly officer at NORAD had been charged with failure to do his duties on the morning of 9/11, he might have said he was following orders from his boss, who if charged might have blamed his boss, etc., etc. Surely, avoidance of up-the-chain-of-command finger pointing can be the only solution to PCR’s riddle.

Even members of the 9/11 Commission have become convinced that the government lied to them about what they knew and when they knew it regarding the happenings of the morning of 9/11/01. For example see here. Why would they lie? ...unless the government had a lot to hide.

All of this leaves open the possibility of the 9/11 attacks having been an inside job, of which high members of the government had foreknowledge (even though the operation was surely secretly in preparation for a decade or more). In fact long before 9/11/01 I was an eye witness to two bizarre aviation events in the vicinity of the Pentagon that in retrospect I regard as preparatory for the 9/11/01 attack. Beginning with this insight, I worked out how insiders probably did it. In its simplest description, the allegedly hijacked airliners switched places with drone attack aircraft and/or fighter planes to spoof the radars. Thus, in my model, upon unwitnessed landings at remote locations of Flights AA 11, UA 175, AA 77, and UA 93, those passengers who were not co-conspirators were murdered in cold blood.

I am convinced that the aircraft that hit WTC 2 was a Boeing 767 converted to a drone. And this would surely have entailed years of work and testing, because Boeings normally require pilot pressure on the steering column to maneuver.

By contrast, Airbus jetliners are “fly by wire,” requiring no pilot pressure. So if the bad guys should steal one of these, all they would have to do would be to add a computer module capable of cutting off the pilot’s ability to control the aircraft and turn over full control to someone on the ground or in a nearby aircraft. This way they could murder the passengers and crew without looking them in the face.

The bad news is that I believe “the bad guys” have stolen two Airbus A330’s and faked the cover stories that they had crashed. I list them below. Note that each of the two aircraft was identified solely by its miraculously surviving tail fin.
(1) Air France Flight 447, June 1, 2009: Supposedly lost at sea in a storm not considered dangerous by an experienced meteorologist. It took fully six days of searching before any bodies or identifiable debris were found. My hypothesis is that the plane was landed somewhere in Africa where there would have been no witnesses. Again the passengers were murdered in cold blood, as I supposed to be the case for the innocent 9/11/01 passengers. I envision that the first few bodies and selected identifiable debris were flown out by a small plane. Two days after that more bodies and the tail fin were apparently flown out, presumably on a larger plane.

(1a) A new tail fin suitable for re-flying the Flt 447 aircraft could have been obtained from another Airbus crash the same month. See here and here.

(2) Afriqiyah Airways Flight 771, May 12, 2010: Supposedly crashed in clear air conditions while landing in Libya, where the only identifiable debris was the tail fin. The rest looked to be the contents of several garbage trucks spread out on the ground. See here and here.
Many readers know that Larry Silverstein leased – and insured – the World Trade Center towers two weeks before the 9/11/01 attacks and collected insurance payments of $3.6 billion for each tower. But how many know that Larry is now the owner of the Sears Tower?

So it would be a good idea not to fly A330s or hang out in downtown Chicago tomorrow, or on 11/11/11...