This episode from the Frank Gaffney Show on Secure Freedom Radio deals with a more tenuous aspect of terrorism than the one we are used to deal with. In effect, terrorism and warfare undertaken through means of economic and financial manipulations are not easily recognizable and diagnosable by us, the laymen, in normal circumstances. If such shenanigans can have as terrible consequences as 9/11 produced, they can never be as spectacular and so they remain most of the time unnoticed. The 2008 financial collapse produced a loss of wealth estimated at 13 trillion dollars for the U.S. and 53 trillions for the whole world. Frank Gaffney’s January 17th guest, Kevin Freeman, brought to our attention something that unfortunately passed under the radar of a vast number of western observers. In effect, two colonels of the People’s Liberation Army of China, Qiao Liang and Wang Xiangsui, have written in 1999 a book on military strategy titled Unrestricted Warfare. That manuel seems to have inspired a few of the machinations that we have seen unfolding since the ’90s, including possibly even 9/11 itself. In a nutshell, the book describes how a weaker military power can wage war against a powerful country like the United States through unconventional means, such as lawfare, economic warfare, network (computer) warfare, terrorism, etc, in a way to progressively weaken it and have it crumble from the inside.
Kevin Freeman unfolds the analysis of this case using the example of what he calls « Bear Raids », i.e. the aggressive and hostile financial and market manipulations that were used and that led to the crash of Bear Stearns and Lehman Brothers. George Soros is widely known to have used these kind of tricks against institutions perceived as weak links to become the rich man he is today, and he certainly didn’t miss the opportunity to do so prior to and during the 2008 crisis. He is even mentioned by name in the document itself of Unrestricted Warfare, at least once on page 135 of the English version. Anonymous people betted against these firms, in other terms they betted on their collapse. Freeman mentions a bet of some 1,7 million dollars. Who would take such a bet without having concrete evidence that the market will effectively collapse? Signs were indicating that these bets were coming from the Middle East and London. Kevin Freeman then alludes to more specific tricks used by financial predators and sharks, like short selling and naked short selling. Without puting into question the competence of Kevin Freeman on these matters, I think Lucy Komisar has done a better job of explaining the mechanics of these two particular gambits, so as a complement I would refer you to this previous post where you will be able to get a lot of detailed information about short selling and naked short selling. I recommend that you listen to the one-hour interview that she gave to radio host Dave Emory in For The Record #650. Freeman also touches on some complementary elements to try to sum up the question of financial terrorism in relation with Unrestricted Warfare. That show is a not-to-miss to understand a little better the world in which we live.