Financial Crime the New Terrorism

FBI official David Cardona said in an interview...“We have to work those cases which we think pose the greatest threat,” he said. “In this case, it’s a threat to the financial system and Wall Street.”

www.bloomberg.com...

To Guantanamo with them! Wouldn't that be the icing on the pudding? Madoff getting his man-area electrocuted...

The plan of the New World Order is to get oturage over this (not like it is not rightfully so). The greedy fat pig is what they will sell, "manufacture our consent" (Lippman), and get this hissy-fit going. Remember this little dilly?

www.foxbusiness.com...

Rupert chasing the key to the floodgates?

We are in trouble.

I don't mean to fear-monger. It just seems the dominoes are about to speed up.

[edit on 22-12-2008 by pluckynoonez]

reply to post by pluckynoonez


The US Government, financial crime and terrorism are all in bed with each-other whilst the taxpayers are left out in the cold footing the accommodation bill!! IMO

It appears that the terror (911) and the financial crime (the market debasement running through September and October 2008*, coupled with high level fraud cases, one of them being Bernard Madoff's $50billion ponzi scheme), were precursors to the FBI seeking more funding and thus, more field agents, only to be refused at critical moments. Thus, the reason for the extent of such incidents could be 'blamed' on federal resources, and not the actual perpetrators.

*More information on this matter can be sought from the Reinhardt thread (although, this is not to everyone's taste, the said individual is on to something big IMO)!

1993 - first World Trade Centre was blamed on Federal incompetence, source (one of)

2001 - part blame was shifted towards the FBI and it's inability to I.D. track and arrest the terrorist suspects. All agencies got it in the neck (not sure I know how much they received in bonuses that year (insert humour here)), but not only did the FBI, CIA and NSA survive, they managed to create a whole new one - HLS.

However, prior to 911, the FBI were noted as being understaffed in the area of 'counterterrorism'.

The Justice Department under Attorney General John Ashcroft failed in 2001 to treat counterterrorism as a top priority, the commission investigating the Sept. 11 attacks said in a report issued on Tuesday

source

The top priorities were reducing gun violence and combating drug trafficking. It made no mention of counterterrorism.

"The FBI's new counterterrorism strategy was not a focus of the Justice Department in 2001," the staff report said. Then-acting FBI Director Thomas Pickard said he appealed to Ashcroft for more money for counterterrorism but on Sept 10, 2001, one day before the attacks on New York and Washington that killed nearly 3,000 people, Ashcroft rejected the appeal.

On Sept. 11, 2001, only about 1,300 agents, or 6 percent of the FBI's total personnel, worked on counterterrorism. "Former FBI officials told us that prior to 9/11, there was not sufficient national commitment or political will to dedicate the necessary resources to counterterrorism," the report said.

Therefore, resources to prevent the 911 and first WTC attacks were not there, in fact, they were rejected. This does not even touch the surface of the airforce exercises taking place that day.
Say TOO LATE!!

Financial Crime:

Consumed with War on Terror, FBI Short-Staffed on Fraud, source
October 20, 2008 02:04 PM

Since Sept. 11, 2001, FBI resources have been shifted substantially to deal with the domestic terrorist threat instead of white-collar crime, according to an article published in The New York Times this weekend. Now, the agency is understaffed as it tries to investigate impropriety involving the financial meltdown.

What is interesting here is the opposite effect the Government actually needs to take in order to manage the situation, if not prevent it.

The Bush administration is rejecting FBI pleas for more agents to investigate crimes that helped trigger the global financial meltdown, bureau sources said this week.

Bush denies funding for FBI in the investigation of the mortage mess
Friday, October 31, 2008

Notice all the dates of the articles and incidents

Berna rd Madoff - SEC (regulator) fails to act!!
Last Updated: 12:31PM GMT 17 Dec 2008

And finally, the source used in the OP:

FBI Uses Triage to Shift From Terror to Madoff, Subprime Probes

Dec. 22 (Bloomberg) -- The FBI has engaged in “triage,” taking agents off terror and other crimes to respond to a cascade of financial frauds such as the alleged Bernard Madoff Ponzi scheme, The Federal Bureau of Investigation was forced to reallocate its manpower in New York to deal with recent frauds involving subprime mortgages, auction-rate securities and Madoff, who prosecutors said confessed this month to bilking investors out of $50 billion, FBI official David Cardona said in an interview.

source

Did anyone say, TOO LATE (again)!!

The point of this overly-long post is that when ever there is an excuse not to do something (I.e. shortage of funds which costs hundreds of millions), something is being done (I.e. fraud or terrorism which costs hundreds of billions)!!

Just reverse the federal budget in the area of need and one will find the area of concern!!

As Reinhardt is noted for saying, ''the primary purpose of Government is to pretend to fail''.

Case in point:

After Governor George W. Bush moved to the White House, Mr Lay - a close friend of the Bush family for years - is thought to be the only executive to have a private meting with Vice-President Dick Cheney when he was formulating the new president's energy policy. Enron also backed Mr Bush's appointment of Pat Wood - the Texas Public Utility Commissioner - to head the Federal Energy Regulatory Commission (FERC). TPJ says Mr Bush's greatest "gifts" to Enron came when he was Texas governor: deregulating state electric markets in 1999, going light on corporate air polluters, and supporting laws protecting businesses from lawsuits.

When politics and Enron mingle

Bush's proposed budget calls for increasing FBI funding in 2009 by $451 million, to $7.1 billion. That includes funding 280 additional agents for national security programs, but adding none for criminal programs.

source

More crime in 2009? - sounds like thee political slogan for next year!!

Corporatracity 101

[edit on 29-12-2008 by Breifne]

Great analogy.

And just like traditional forms of terrorism, everyone feels helpless to really stop it. Get one, another will come along.

I say it is time to PRACTICE panic sex...
Relieve a couple gallons and vote Bush back in for twenty.

ahhhhhhhhh

[edit on 29-12-2008 by The Bald Champion]

People don't realize that its the west that created financial and economic terrorism , they've done it in every 3rd world and puppet country the could get they're hands on.

It's a simple process really, make a country accept a huge loan from the world bank. Issue the loan money to private western contractors to build *infrastructure* that is either defense or mineral producing. Foot the country with the cost of the loan. The citizens, nor the government, never see a dime of that money.

Once that's complete it's pretty easy to get a country to do whatever you want when you can decide if they get enough international aid to help pay the bills and feed they're people.

Financial terrorism? Hmmm...

cryptogon.com...