Australian Lefty on Politics, Governance, Science and Info Management

“Economic destruction is terrorism” expanded

Posted by Dave Bath on 2008-11-04

I’ve added some notes and references (sourced from sites) that support my assertion that the financial engineers who made money from treating liabilities as assets on the balance sheet, and necessarily caused the financial meltdown, should be classified as terrorists.

I’ll stress again that politicians who treat such perpetrators of disaster differently from terrorists are guilty of not having a focus on the outcomes of a malicious (or at the very least, grossly irresponsible) act, but instead, are driven by a favorable prejudice to financiers (not unlike that of which Arab states are accused of when being lenient with moslem extremists).


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