Remembering September 10, 2001 -- Cui Bono? on 9/11/01???

[Guest guest]

Friday, September 10, 2004 Remembering September 10, 2001

Credit to Paul Thompson, from whose timeline most of this information is

culled, and also to Michael Ruppert.

 

The last day for suspicious trading on American and United Airlines. Today,

three years ago, the Chicago Exchange sees the purchase of 4,516 put options on

American to only 748 call - 60 times above normal. On the Pacific Exchange, the

trading ratio on United is 25 times greater than normal. Later, investigators

can't help but notice that no other airlines saw such trading in their put

options. Analyst John Kinnucanone, quoted by the San Francisco Chronicle, said

" I saw put-call numbers higher than I've ever seen in 10 years of following the

markets, particularly the options market. "

 

The last day for suspicious trading on Morgan Stanley, one of the World Trade

Center's largest tenants. Between Sept. 7 and Sept. 10, the company experiences

an increase of 27 times in the purchase of put options on its shares.

 

The documented pre-Sept. 11 insider trading that occurred before the attacks

involved only companies hit hard by the attacks, including United Airlines,

American Airlines, Morgan Stanley, Merrill-Lynch, Axa Reinsurance, Marsh &

McLennan, Munich Reinsurance, Swiss Reinsurance, and Citigroup.

 

Regarding the spike of unusual stock activity, Dylan Ratigan of Bloomberg

says on Sept 20, " This could very well be insider trading at the worst, most

horrific, most evil use you've ever seen in your entire life... This would be

one of the most extraordinary coincidences in the history of mankind if it was a

coincidence. "

 

Germany's Bundesbank chief, Ernst Weltke tells Agence France Presse on Sept

22 that " bizarre " fiscal transactions prior to the attacks could not have been

chalked up to coincidence. The stock activity " could not have been planned and

carried out without a certain knowledge, particularly heavy trading in oil and

gold futures. "

 

According to CBS News, on the afternoon of September 10 " alarm bells were

sounding over unusual trading in the US stock options market. " It is known that

the CIA and many other intelligence agencies monitor stock trading in real time

using Promis software.

 

Defense Secretary Donald Rumsfeld announces that the Pentagon " cannot track

$2.3 trillion in transactions, " or one quarter of the yearly defense budget. The

lead story on many newscasts that night, it is buried by the events of the

following day.

 

Mohammed Atta calls Khalid Shaikh Mohammed, the operational planner of 9/11,

and receives final approval for the attacks. The call is monitored and

translated by the US, though how quickly is unknown, as are the contents of the

conversation.

 

Two Arabic messages sent from Saudi Arabia to Afghanistan are intercepted by

the National Security Agency, which state " the match is about to begin " and

" tomorrow is zero hour. " The NSA claims they were not translated until September

12.

 

As reported in Newsweek, on September 10 a number of senior Pentagon

officials cancel their commercial flights for the following morning due to

security considerations.

 

Eight hours before the attacks, San Francisco Mayor Willie Brown receives a

warning from his " security people " advising him against flying to New York the

next morning.

 

A FEMA team arrives in New York City for the " Tripod II " bioterror exercise.

Before the 9/11 commission, Rudy Giuliani acknowledged that the FEMA camp was

already in place to receive victims of the attack, and was larger and better

equipped than the NYC terror response unit that was lost in the collapse of WTC

building 7.

 

 

 

posted by Jeff at 9:59 AM

http://rigorousintuition.blogspot.com/2004/09/remembering-september-10-2001.html

 

 

 

Saturday, June 17, 2006 Flight of Capital They say I shot a man named

Gray and took his wife to Italy.

She inherited a million bucks and when she died it came to me.

I can't help it if I'm lucky. - Bob Dylan

 

This may be old news to you, but just a quick note here of something I'd missed

about Flight 77, thanks to " Bismillah " and the RI forum, that I hope you won't

miss, too.

 

At least among those with a mind for such things, it's fairly well-remembered

that on September 10, 2001, Donald Rumsfeld made the shocking announcement that

the Pentagon " couldn't track " $2.3 trillion of its transactions. " Iroquois "

observes, " What's interesting to me is that he made his press release on a

Monday. In DC, I always see bad news given on a Friday, usually late in the

afternoon on Friday. The exception, of course, would be when someone happens to

know that there is a far bigger story coming out. "

 

And we know that Flight 77, allegedly piloted by an incompetent, made an

aerobatic, spiralling descent over Washington, effecting a 270-degree turn to

strike the Pentagon from a western approach at ground level. The side struck was

the only one with an exterior wall hardened against attack, and was relatively

empty while renovation continued.

 

Relatively. The unfortunate construction workers perished outside, but who were

the expendables within?

 

From The Pittsburgh Post-Gazette, December 20, 2001: " One Army office in the

Pentagon lost 34 of its 65 employees in the attack. Most of those killed in the

office, called Resource Services Washington, were civilian accountants,

bookkeepers and budget analysts. They were at their desks when American Airlines

Flight 77 struck. "

 

The Arlington County After-Action Report noted that the " impact area included

both the Navy operations center and the office complex of the National Guard and

Army Reserve. It was also the end of the fiscal year and important budget

information was in the damaged area. " And Insight Magazine editorialized that

" the Department of the Army, headed by former Enron executive Thomas White, had

an excuse [for not making a full accounting]. In a shocking appeal to sentiment

it says it didn't publish a " stand-alone " financial statement for 2001 because

of " the loss of financial-management personnel sustained during the Sept. 11

terrorist attack. "

 

High Crimes of State often come down to the movement of capital, and so the high

criminals generally share the gray and black economics of common felons. Money

is money; it's the magnitude of the heist that's different, and the means to

effect and cover-up the crime. And part of the cover-up of the Pentagon heist

has been the no-plane shell game, played smartly by Rumsfeld himself who

" misspoke " that a " missile " had struck the Pentagon the same week Thierry

Meyssen's original no-plane website was launched.

 

It's such disinformation that has drilled irrelevance and folly into a once

potentially dangerous and angry army of authentic skeptics.

 

posted by Jeff at 12:15 PM

http://rigint.blogspot.com/2006/06/flight-of-capital.html

 

 

 

Cui Bono, Who Benefits from 9/11

 

 

http://www.narconews.com/cuibono.html

9-11 Profiteering: A Framework for Building the " Cui Bono? "

UnAnswered Questions by Catherine Austin Fitts

www.globalresearch.ca 22 March 2004

The URL of this article is: http://globalresearch.ca/articles/FIT403A.html

 

 

" We are America's...

-Oldest company

-Largest company

-Busiest company

-Most successful company "

--DOD 101, an introductory

overview of the Department

of Defense from their website(1)

" Pass a law, make a business. "

-- Old New Jersey street saying

 

 

 

 

 

Something to Hide

Much has transpired since September 11, 2001.

 

We have learned that numerous heads of state and foreign intelligence

agencies tried to warn us before 9-11(2);

 

 

We have emerged deeply disturbing unanswered questions of 9-11 through

global Internet media(3):

 

 

We have worked with the 9-11 time line (4) and realized that the official

explanation of events is conspiracy theory, not conforming to documented fact;

 

 

We have watched the US government suppress facts and restrict of the 9-11

Commission's access to information (5);

 

 

We have watched the 9-11 Commission fail to answer the unanswered questions

and concede to official suppression of information (5) ;

 

 

We have watched the leaders of the national security infrastructure richly

rewarded for their failure to protect America on 9-11(6);

 

 

We have noted the material ommissions of the corporate media (7);

 

 

Something does not add up. Someone has something to hide.

" Cui Bono? "

" Cui Bono? " is Latin for " who benefits? "

 

Is there a connection between the rich flow of profit and market manipulations

flowing from 9-11 and the stonewalling by the Administration and the agency

members of the National Security Council?

Time has passed since September 11, 2001. As new budgets are approved,

financial statements published, laws passed, taxes cut and stocks go up, it is

easier to identify who benefited politically and financially from 9-11.

As we map out the financial " real deal " on 9-11, we realize there are three

categories of people benefiting.

 

Richly Guilty: The first category of people who benefited were those who are

guilty and complicit in designing, implementing and financing the 9-11

operation. On such a sophisticated and successful covert operation, the people

responsible would have had budgets and financing and would have organized the

operation to maximize their political and financial benefits. This is the nature

of economic warfare.

 

Richly Opportunistic: The second category of people who benefited where those

who were opportunistic in taking advantage of 9-11 as an economic and political

event as soon as it happened. Some folks, such as money managers, are obligated

as fiduciaries to be opportunistic. Others, such as government officials, may be

opportunistic at the cost of ignoring their fiduciary obligations. As one

retired banking executive said, " Let's face it, if the guys in Washington had

been doing their job instead of helping their pals make money, 9-11 could never

have happened. "

 

Sustainably Naïve: The third category of people who benefited where those who

shared in the political and economic profits generated by the first two

categories. Taking the position that " money has no smell, " the large number of

people in this category are generally not cognizant of their complicity through

the incentive system created by " voting with their money, time and attention. "

Where to begin to determine the specifics of who benefited? This is a

significant task for private citizens who do not have the rich flow of

investigatory, intelligence and enforcement resources of government. Hence, a

citizen led effort will need to break the task down into manageable

collaborative pieces.

One way for global networks of researchers, blog authors and Internet media to

start to build the " Cui Bono? " unanswered questions of 9-11 is to develop a

framework that outlines the general areas of profiteering.

 

Top 20 Areas of 9-11 Profiteering

Here are my candidates for the top twenty profit flows resulting from or

related to 9-11 and the response to 9-11:

 

Money Missing from the US Treasury

In fiscal 1999 and 2000, the Department of Defense (DOD) reported $3.3

trillion of undocumentable adjustments in the process of failing to produce

audited financial statements. In the summer of 2001, the appropriations for DOD

failed to report out of committee before the summer recess. The political

tension between arms manufacturers and defense contractors who anticipated pay

back from the Bush election victory and those pressing for federal spending and

financing to conform to spending and securities law was resolved by 9-11.

 

The question remains – who has the $3.3 trillion plus missing from the US

Treasury, what is the role of the NY Federal Reserve Bank and its members as

depository for the US government and agent for the Exchange Stabilization Fund

and why are we proposing to cut back social security rather than getting these

resources back?

Useful Link:

Where is the Money?

Http://www.whereisthemoney.org

 

US Stock Market Pump & Dump Fraud

At the time of 9-11, federal and state enforcement leaders were facing a

mountain of documentation that up to $6 trillion had been fraudulently skimmed

out of pension funds and retail stock holdings through insider trading and other

forms of corporate and banking financial fraud and securities law violations.

 

The events of 9-11 are alleged to have destroyed significant amounts of

documentation related to investigations against Wall Street firms and leading

New York Federal Reserve members. Subsequent to 9-11, enforcement bureaucracies

attention shifted in response to the Patriot Act and a shift in budgetary

resources away from policing white collar crime by corporate and banking

leadership.

Useful Links:

Le Metropole Cafe

http://www.lemetropolecafe.com

Sanders Research Associates

http://www.sandersresearch.com

Scoop Media

http://www.scoop.co.nz/mason

From the Wilderness

http:///www.fromthewilderness.com

No More Fake News

http://www.nomorefakenews.com

Tom Flocco

http://www.tomflocco.com

 

 

Federal Credit Arbitrage & Relaxed Monetary Policy

Financial institutions who have access to the federal credit can use such

credit to raise deposits and savings from citizens, paying little or no

interest, and then lend it back to the citizens at much higher interest rates

through financing the US Treasury, mortgage agency securities or in relaxed

lending policies which charge relatively expensive interest and fees. Hence, it

is now a common fact pattern to find people in America earning 2% on their bank

CD's while their neighbors are paying Citibank, JP Morgan Chase and the IRS 18%

on their debt.

 

Subsequent to 9-11, these types of rich federal credit arbitrage profits

appear to have skyrocketed as the facilitating ease in monetary policy was

matched by extraordinary increases in government debt and easing in consumer

debt policies and more industry favorable bankruptcy and lending laws. In short,

9-11 appears to have been used by Greenspan and the NY Federal Reserve to

promote the back door liquidation of middle class equity through federal credit

arbitrage.

 

This kind of manipulation allows sophisticated financial institutions to " put "

their losses back to the government and the citizens in a " heads we win, tails

we win " economic model which is hard for the non-financially literate citizen to

understand.

Useful Links:

Le Metropole Cafe

http://www.lemetropolecafe.com

Sanders Research Associates

http://www.sandersresearch.com

 

 

US Military and Policing Deployment Globally

With important air cover from 9-11 and the 9-11 response, the flow of

government contracts and economic activity is diminishing throughout the United

States. That is because our military is being deployed abroad. As these

government contracts and related economic flows move to Eurasia, the private

equity pump and dumps move from onshore to offshore.

Useful Links:

Centre for Research on Globalization

http://www.globalresearch.ca

From the Wilderness

http://www.fromthewilderness.com

UnAnswered Questions re: CSC DynCorp

http://www.scoop.co.nz/mason/stories/HL0304/S00158.htm

 

Eagle Eye

http://www.eagleeyeinc.com/

DynCorp wins $1.75 global policing contract to support

US Department of State $6 billion contact support for

civilian policing missions

http://biz./prnews/040224/latu054_1.html

Scoop Media

http://www.scoop.co.nz/mason

The American Tapeworm

http://www.scoop.co.nz/mason/stories/HL0304/S00228.htm

 

 

Eurasian Oil & Gas/Afghanistan & Iraq War & Occupation

The 9-11 response has been used to justify increased military, political and

covert support to ensure that American and European oil interests are protected

in the Middle East and worldwide.

 

As part of the 9-11 response, the US has invaded and occupied two

sovereign nations and, in the process, increased war profiteering, narcotics

trafficking and organized crime flows in these areas.

 

Of particular concern is the necessity that the draft will be re-instituted

after the Presidential election and global invasions will continue to subsidize

the war profiteering business model.

 

This model is essentially one in which government pays all the expenses, the

citizens give their lands, lives and limbs and the economic benefits and private

booty flow to a handful of private parties and their investors. When viewed by

age group, it is a war on the young by the old.

See links above.

 

Insurance Industry Legislation

After 9-11, the insurance industry won important legislation that shifts

significant risk from private investors to citizens.

Useful Link:

Under New Bill, Taxpayers to Underwrite Insurance Losses

http://www.american-reporter.com/2,307/709.html

 

Airline & Other Special Legislation

Additional legislation and special benefits were provided to the airline

industries as well as other corporate and banking interests. Significant tax

cuts would fit into this category.

Useful Link:

Tom Flocco

http://www.tomflocco.com

 

Increased National Security Appropriations

Budgets for the national security state increased across the board, including

to support its control over domestic functions and to deploy globally both in

space and on land.

Useful Link:

Sanders Research Associates

http://www.sandersresearch.com

 

Commodity & Financial Market Manipulations

While allegations of insider trading on 9-11 have circulated in the press,

there has been little comment on the extent to which the 9-11 response supported

continued manipulation by the NY Federal Reserve and its member banks, including

through the US Treasury Exchange Stabilization Fund, of the gold, silver, stock

and other capital markets and the continued build up of private unregulated

derivative positions.

Useful Links:

Le Metropole Cafe

http://www.lemetropolecafe.com

Gold Anti-Trust Action Committee

http://www.gata.org

Is Silver Scandal on the Horizon?

http://www.insightmag.com/news/2004/03/30/National/Is.Silver.Scandal.On.The.Hori\

zon-632699.shtml

 

Fund Raising for Trusts & Endowments

While not-for-profits raised a tremendous amount of donations as a result of

9-11, where the money went is a question. Was it used to respond to 9-11 or did

it enrich endowments that were reinvested in corporate and bank stocks and the

securities financing the profiteering?

Useful Link:

The Red Cross in the Cross Hairs?

http://www.insightmag.com/main.cfm?include=detail & storyid=117216

 

Privatization and Redevelopment of the WTC

The World Trade Center was sold by the Port Authority of New York and New

Jersey with a transfer of mortgage shortly before 9-11. Understanding the

economics of these transfers, the controls and economics of the losses and the

potential profits of the redevelopment are essential to understanding what has

happened. Also essential is understanding the various insurance and security

company players who had access to the building and building specifications,

information systems and archives and the law firms who represent them.

Useful Link:

Centre for Research on Globalization

http://www.globalresearch.ca

 

Airport & Building Security Contracts

The increase in airport and building security and the centralizing control of

it's outsourcing has contributed significantly to the costs of these facilities,

who controls the facilities, flow of traffic and data and the profits flowing to

selective parties providing these services. A look at the economics of the

related insurance business and premiums is warranted. Analysis of the average

time to move through the facilities of corporate travelers and their luggage

versus non-corporate travelers and their luggage and who controls that

differential and the related data will be instructive.

Useful Links:

Kroll claims 10,000 building security assignments after 9-11

http://www.solariactionnetwork.com/phpBB2/viewtopic.php?p=2321#2321

 

Suppression of the Florida Media Recount & Black Box Voting

US media canceled the announcement of their recount of the Florida

presidential election as a result of 9-11. Allegedly, this would have raised

legitimate questions as to the Bush Administration's legitimacy.

 

After 9-11, the installation of computer voting systems for which there is no

verifiable paper trail has accelerated. This increases the chances that Florida

type events will increase. The companies doing the installation appear to be

predominantly Republican owned and controlled.

 

Profits are generated both from installation of the system, as well from the

benefits to those who can rig elections as a result. For example, it is worth

estimating the extent to which rigging the Florida election impacted who got how

much 9-11 profits.

Useful Links:

Major Media Suppress Recount Study of Florida Vote

http://www.washingtonfreepress.org/54/MediaSupress.htm

Scoop Media's Black Budget Voting Series

http://www.scoop.co.nz

 

Patriot Act Consolidation of Banking & Money Laundering Market Share

The Patriot Act, available off the shelf at 9-11, was passed with little

legislative access or discussion. It authorized extraordinary control of

financial cash flows and data about financial cash flows. What is the value of

controlling an estimated $500 billion- $1 trillion of annual US money

laundering?

 

Retirement Benefit Privitization & Cutbacks

In the shift to a permanent war time economy, the alleged insolvency of the

Pension Benefit Corporation, Social Security, the health care system and the

credits behind the mortgage securities and other securitized consumer debt held

in US pension funds and retirements savings has received short shrift

financially and conversationally.

 

Corporate Media

It is essential to understand the impact of 9-11 and the 9-11 response to the

market share and profits of corporate media and the linkages between investors

in corporate media and in the corporations and banks that most benefited from

the policies promoted by corporate media.

 

HAARP, Ocean, Space & Satellite Weaponry

Since 9-11, we have watched the role out of a significant amount of black

budget technology. The intimate militarization of all planetary air, land, water

and oceans and space with electromagnetic, laser, sonar and other invisible

weaponry implies a zero privacy world for all living things. This is a world

where our thoughts and feelings are not free of 24-7 interference and influence

unless we wish to tunnel deep underground. Perhaps that is why the black budget

is financing so many underground facilities.

Useful Link:

Dr. Nick Beglich on HARRP

http://alberta.indymedia.org/news/2002/10/4519.php

Centre for Research on Globalization

http://www.globalresearch.ca

From the Wilderness

http://www.fromthewilderness.com

 

Law Firms

Always telling, a review of what law firms are representing the parties

profiting in all the other categories will say a great deal. Attorney client

priveledge remains the primary traintracks to protect the rich flow of organized

crime profits behind national security law. Lawyers are often the channel for

political campaign contributions and political lobbying as well.

Useful Links:

Open Secrets

http://www.opensecrets.org

The American Lawyer Law 100

http://www.law.com/special/professionals/amlaw/2003/amlaw100/amlaw_100main.html

 

9-11 and Enron

The crossover between the players involved in 9-11 profiteering and in Enron's

rise, fall and clean-up are mystifying. There are linkages here that can offer

important clues if we analyze them as related economic flows. One hypothesis is

that Enron was being used by the NY Federal Reserve member banks as US Treasury

depositories to launder some of the monies disappearing from the federal

government.

Useful Link:

The Real Deal on Enron

http://www.scoop.co.nz/mason/stories/HL0304/S00031.htm

 

Promotions

Who has gotten promoted? The salaries, stock options, health care and other

perks of the key players both private and public are well worth reviewing

carefully.

They Let it Happen on Purpose

http://www.scoop.co.nz/mason/stories/HL0208/S00068.htm

This list of twenty profit areas does does not include payments to the 9-11

victims or their families. Such payments have been a remarkably effective tool

to negate the political influence of the families and should be viewed

economically as an effective advertising expense relative to the total profit

flows. For example, the Republican convention is being held in New York this

fall to concide with the 9-11 anniversary. It is essential for this event that

the 9-11 families are muted as an independent voice against 9-11 profiteering.

The potential failure to do so is a major Bush Administration political

vulnerability.

 

Invitation to the " Cui Bono? " Conversation

One opportunity to build a better understanding of 9-11 will flow from an

analysis of 9-11profiteering. As we understand the profit flows, we can then

drill down to define the banks, companies, organizations and investors who

benefited as well as the particular individuals in key leadership positions who

profited personally.

 

In an ideal collaborative research effort, we would attempt to estimate the

total financial profits and capital gains to the individuals who have enjoyed

the greatest 9-11 benefits. We would also attempt to ascertain patterns between

these benefits. For example, we would look at the flow of donations into the

current political campaigns. In addition, we would want to understand the shift

of capital from the US to Asia to finance the outsourcing of US jobs, to finance

the privatization of US government and assets at below market prices or above

market contracts and to park and enjoy the freedoms of offshore havens.

 

The Administration has something to hide. Rather than lose time and resources

getting lost in the White House fog, let's follow the alleged advice of one of

the 9-11 Commissioners, Fred Fielding, thought to be the " deep throat " long ago

who leaked the Watergate secrets while a Deputy White House Counsel:

" Follow the Money "

 

 

 

As this graph from the Lockheed Martin Annual Proxy shows, the

Bush Election 2000 and 9/11 were great for Lockheed stockholders!

 

 

http://www.whereisthemoney.org/hotseat/mel/bush2000.htm

 

 

 

Notes 1 --http://www.defenselink.mil/pubs/dod101/

2- http://www.insightmag.com/main.cfm?include=detail & storyid=565664

3 – http://www.unansweredquestions.org

4 – Paul Thompson's Timeline here

5 – http://www.911citizenswatch.org/

6 – http://www.scoop.co.nz/mason/stories/HL0205/S00173.htm

7 http://www.scoop.co.nz/mason/stories/HL0310/S00038.htm

 

 

Catherine Austin Fitts is the President of Solari in Hickory Valley,

Tennessee.

 

Ms. Fitts is a former managing director and member of the board of directors

of Dillon Read & Co, Inc, a former Assistant Secretary of Housing-Federal

Housing Commissioner in the first Bush Administration, and President of The

Hamilton Securities Group, Inc.

 

Ms. Fitts is a member of the Advisory Board of Sanders Research in London, a

founder of UnAnsweredQuestions.org and publishes The Real Deal, a column with

Scoop Media in New Zealand.

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" Respect means listening until everyone has been heard and understood, only

then is there a possibility of " Balance and Harmony " the goal of Indian

Spirituality. " Dave Chief, Grandfather of Red Dog

 

 

 

 

 

 

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