9/11 and October 7 seem to have been Inside Jobs

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9/11 and October 7 seem to have been Inside Jobs

Paul Craig Roberts

What are explained to the public as surprise attacks are often known in advance to some who capitalize on the coming event by selling short the stocks of companies likely to be adversely affected by the event.

For example, in the days immediately proceeding the 911 attacks in 2001 there was substantial and otherwise unexplained short selling of the shares of United and American Airlines.  

Similarly, short selling of Israeli stocks occurred just before the October 7, 2023 Hamas attack on Israel. Two establishment law school professors report “a sharp and unusual increase just before the attacks in trading in risky short dated options expiring just after the attacks.”  See below.

Neither the official explanation of 911 nor the official explanation of October 7 is believable.  Independent scientists have established that the three World Trade Center buildings were brought down by controlled demolition, certainly not an undertaking the alleged Muslim terrorists could have managed. Several Israeli military and intelligence figures have said publicly that it is impossible for the barriers between Israel and Gaza to have been penetrated without instantaneously setting off alarms, permitting no time for Hamas’ penetration into Israel.

The most likely explanation for 9/11 and October 7 is that they are orchestrated operations, one by the George W. Bush neoconservative regime in order to create the new Pearl Harbor that the neoconservatives needed to launch war on Israel’s opponents in the Middle East, and the other by the Israeli government to provide a justification for Israel’s genocidal assault on Gaza, which is now in its third year.

Both the United States and Israeli governments claim to be democracies, but there is no transparency. The elites that control governments have agendas different from the agendas of citizens. Orchestrated events are used in order to launch these agendas into operation. The absence of media investigation, and the absence of questioning on the part of the public ensures the success of the concocted acts of violence that create the opportunity for secret agendas to be achieved.

As people everywhere should know, governments are not truthful. Governments represent the interest of those elites who control them.

SSRN   Columbia Law School    December 6, 2023

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4652027 

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Trading on Terror?

67 Pages Posted: 4 Dec 2023 Last revised: 7 Dec 2023

Robert J. Jackson, Jr.

New York University School of Law; European Corporate Governance Institute (ECGI)

Joshua Mitts

Columbia Law School

Date Written: December 6, 2023

Abstract

Recent scholarship shows that informed traders increasingly disguise trades in economically linked securities such as exchange-traded funds (ETFs). Linking that work to longstanding literature on financial markets’ reactions to military conflict, we document a significant spike in short selling in the principal Israeli-company ETF days before the October 7 Hamas attack. The short selling that day far exceeded the short selling that occurred during numerous other periods of crisis, including the recession following the financial crisis, the 2014 Israel-Gaza war, and the COVID-19 pandemic. Similarly, we identify increases in short selling before the attack in dozens of Israeli companies traded in Tel Aviv. For one Israeli company alone, 4.43 million new shares sold short over the September 14 to October 5 period yielded profits (or approximates avoided losses) of millions on that additional short selling for one out of hundreds of securities traded on the TASE. Although we see no aggregate increase in shorting of Israeli companies on U.S. exchanges, we do identify a sharp and unusual increase, just before the attacks, in trading in risky short-dated options on these companies expiring just after the attacks. We identify similar patterns in the Israeli ETF at times when it was reported that Hamas was planning to execute a similar attack as in October. Our findings suggest that traders informed about the coming attacks profited from these tragic events, and consistent with prior literature we show that trading of this kind occurs in gaps in U.S. and international enforcement of legal prohibitions on informed trading. We contribute to the growing literature on trading related to geopolitical events and offer suggestions for policymakers concerned about profitable trading on the basis of information about coming military conflict.

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