2008 Financial Terrorism – Conspiracy or part of The Perfect Storm? (Phases 1 and 2)

In Sept, 2008, I penned the post, the US Economy: A Perfect Storm of Housing and Lending Events. This overview of how we managed to bring ourselves to the precarious cliff of a failed economy revealed it was not a single issue, but a combination of many events – including political pressure on lenders for homeownership, relaxing of GSE lending criteria, regulation/deregulation, and profit motivation by financial institutions – leading to an out of whack supply vs demand, driving up housing values to unsustainable and dangerous levels.

It never crossed my mind that financial terrorism could be another element to be factored in. So when the WA Times wrote of an unclassified Pentagon report by Kevin D. Freeman, my head perked up.

Impeach Obama [Reader Post]

Violence at the Mexican order has reached unbelievable levels. More than 30,000 Mexicans have been killed in drug violence since 2006. In 2010 there were more people killed in Juarez than in all of Afghanistan. Seven people were killed in a park in January, including two playing soccer. Three adults and a boy were shot to death in late February.

79 Americans were killed in Mexico last year.