Sunday, March 7, 2010

What is the motive in the theory that 9-11 was an inside job?

The best answer chosen by the voters to this question on Yahoo Answers states:
People say 9/11 was planned to get us into a war so military suppliers could make money. This idea is incorrect because we don't need an attack to get us into a war. For example, the direct result of 9-11 was the attack on Afghanistan, a relatively small operation.

On the other hand, look at the big operation, the attack on Iraq. We didn't need 9/11 for that. Iraq was simply justified by Bush saying Iraq had weapons of mass destruction. He explicitly stated it was not due to 9/11 or terrorism.
Wrong; the George Washington blog explains:
Why are we in Iraq? WMDs, you say!

Actually, President Bush's March 18, 2003 letter to Congress authorizing the use of force against Iraq, includes the following paragraph.

(2) acting pursuant to the Constitution and Public Law 107-243 is consistent with the United States and other countries continuing to take the necessary actions against international terrorists and terrorist organizations, including those nations, organizations, or persons who planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001.

White House's false linkage of Iraq and 9/11 which allowed the Bush administration to claim that Congress had voted for the Iraq war. So looking at who was actually behind 9/11 (not Saddam Hussein) is important in connection with the Iraq war.
The answer then goes on to state that:
People say that insiders bought securities that would generate profit after the 9/11 attacks.
Unusual stock and option transactions have already been investigated and were found to be ordinary transactions resulting from well-known business expectations. This was done by the 9-11 Commission & others.

Furthermore, financial transactions are completely transparent: We know exactly who did them. Only a fool would simply buy 10s of millions of put options (anything less would not be worth it) and then go blow up the WTC--we would know immediately who did it.

Moreover, insider-trading is a crime and the Security and Exchange Commission (SEC) routinely monitors all trades for excess profits. There’s no way to cover it up.

Also, many of the people who died in WTC 1 & 2 are in the financial industry and many of their close friends would be in finance also. Surely, these friends & colleagues of the deceased would all have complete access to trading data. They would go crazy with anger if they could find anything fishy in the deaths of their friends. But, the thousands of people who work on wall street are quiet indicating no unusual activity.

If these transactions are real, then (1) who is the biggest profit-maker, (2) how much did they make & when, and (4) how does this activity compare to historical transaction volume that ordinarily occurs? It's specifics that make a claim plausible and verifiable. It's vagueness that suggests it's all made-up.

Until there is an intelligent answer for the above, we can safely be assured that all these "millions of transactions" are a myth.
I'm actually going to accept this part of the answer, and get this, agree with the Screw Loose Change blog.

[UPDATE October 2014:

Economics Professor Paul Zarembka, has written in the past that the work of Mike Williams at the debunking site had caused him "to reconsider [his] prior conclusion of high probability of insider trading in put options" for American and United airlines stocks. I have previously stated that I believe the insider trading issue had been effectively debunked.

In this recent interview Zarembka cites new evidence that brings him and myself back to his original conclusion.]

This was what the person who answered the question considered the "two main motives that are given to 'prove' 9-11 was an inside job." Motives by themselves don't prove anything. The forensic evidence, NORAD stand-down, and whistleblowers, prove the case. They also forgot a few other main motives that flesh themselves out when looking at how the world would be different without 9/11.

From Steve Watson of the website :
Without 9/11 there would be no "war on terror".

Without 9/11 there would be no "clash of civilizations"

Without 9/11 there would be no war in Afghanistan.

Without 9/11 there would be no war in Iraq.

Without 9/11 there would be no war in… (insert any country classified as part of the "axis of evil" or defined as being 'with the terrorists')

Without 9/11 thousands of U.S. troops would not have been sent to their deaths.

Without 9/11 hundreds of thousands of citizens of Iraq and Afghanistan would not have been sentenced to their deaths.

Without 9/11 there would be no inaction on the Israeli-Palestinian peace process.

Without 9/11 there would be no civilian contractors in Iraq and the scandal that has followed them would have been averted.

Without 9/11 there would be no false military reporting (Pat Tillman, Jessica Lynch), and no crack down on the freedom of the press (banning photographing the returning coffins).

Without 9/11 there would be no Patriot Act.

Without 9/11 there would be no NSA warrantless wiretapping program.

Without 9/11 there would be no Camp Delta and no Camp X-ray at Guantanamo Bay.

Without 9/11 there would be no Military Commissions Act and no coordinated program of extraordinary rendition, indefinite detention and torture of those defined as “enemy combatants”.

Without 9/11 there would be no vast increase in secrecy and complete militarization of intelligence under the newly created office of the Director of National Intelligence.

Without 9/11 there would not be thousands of dead and dying emergency workers who are suffering crippling and fatal respiratory illnesses.

Without 9/11 there would be no vast increase in military and security spending that goes arm in arm with huge cutbacks in other key social programs (such as levees in New Orleans).

Without 9/11 there would have been no total abandonment of fiscal restraint, which has contributed to plunging the nation into an abyss of debt and looks likely to tip the world into a deep recession if not a complete depression.

And on and on and on.

Perhaps most importantly, without 9/11 there would be no "post 9/11 society/mentality".

SEC Found No Sign 9/11 Conspirators Traded on Plot