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Chutzpah, thy name is Silverstein! Larry wants more billions for blowing up the WTC

If you thought Andrew “assassinate Obama for Israel” Adler was the last word in chutzpah…think again.

Kevin Barrett

truthjihad.blog, Saturday, February 4, 2012

Larry “blow up the World Trade Center for Israel” Silverstein is light-years beyond Adler.

Larry Silverstein, you may recall, is a reputed mobster who allegedly got his start in the sex services business and then oozed into real estate. Two months before 9/11, Silverstein finalized his 100-year-lease on the white elephant, condemned-for-asbestos World Trade Center complex – and proceeded to double the insurance and hardball his insurers into changing the policy to “cash payout.”

On 9/11/01, Silverstein skipped his usual breakfast at the top of the North Tower. He says his wife reminded him of an appointment with his dermatologist. Other family members also stayed away, with other excuses. All of those who breakfasted there died. Silverstein and family survived.

After confessing on national television to blowing up World Trade Center 7, Silverstein went to court and asked for – and received – double indemnity, including almost a billion dollars for WTC-7 – the very building he had confessed to blowing up. Larry had the chutzpah to claim that there were two separate, unrelated terrorist attacks (the two planes) so he should get twice the money. Somehow that worked, presumably thanks to a mobbed-up judge. “Lucky Larry” walked away with more than five billion dollars, plus rights to rebuild.

But that wasn't enough chutzpah for Larry. For the past several years he's been back in court, asking for 11 billion dollars from the airlines' insurers. Now Silverstein has somehow convinced AMR, the parent company of American Airlines, to give him a special dispensation. Even though AMR has filed bankruptcy, which theoretically should stop all lawsuits against it, the company's attorneys have – for unstated reasons – chosen to insert a special rider into their bankruptcy agreement which allows Silverstein to continue suing the company.

According to the Wall Street Journal: 

Silverstein’s company, which leased the Twin Towers and two other World Trade Center buildings from the Port Authority of New York and New Jersey, is seeking billions of dollars in damages for alleged negligence by the airline, according to the lawsuit. It is also seeking compensation for the lost rental income; the developer had signed 99-year leases for the space just two months before the attack.

Lost rental income?! Larry, those Towers were condemned for asbestos! You would have had to spend many billions, probably double-digit billions, to scrape every bit of asbestos off the frames of those buildings to legally collect rental income. Not only that, but the Towers had a very high vacancy rate and antiquated communications infrastructure. New York City had been desperately seeking a way to demolish the Towers for at least a decade, but could not do so because of the asbestos. The WTC complex was a gigantic money-loser for the City, and it would have quickly bankrupted any private owner…had not a certain act of urban renewal by other means taken place on 9/11/01.

As if all that isn't enough chutzpah, get this: Larry Silverstein used his 9/11 insurance fraud money to buy Chicago's Sears Tower!

How could Lucky Larry possibly top all of his previous acts of over-the-top chutzpah?

Simple: He could blow up the Sears Tower, brag about it on national TV, and  collect more double-digit billions in insurance money on the premise that it was somehow the fault of the Muslims.

After all, Lucky Larry is on a winning streak.

Will he roll the dice one more time?

Phi Beta Iota:  All indications are that this was an insurance scam with the full collaboration of the insurance companies.  They are not stupid and they know how to spot and document fraud.  Now it may well be that the airline lawsuits are also an orchestrated scam, essentially cheating all of the stockholders twice over.

AUDIO: John Williams ShadowStats 31:05

TrimTabs Explains Why Today's “Very, Very Suspicious” NFP Number Is Really Down 2.9 Million In Past 2 Months

Tyler Durden

ZeroHedge, 02/03/2012

We have examined the nuance of the euphoric jobs data this morning from every angle and by now there should be plenty of ‘information' for investors to make their own minds up on its credibility. However, the avuncular CEO of TrimTabs, who despite channeling Lewis Black lately, likely knows this data a little better than the average Jim on the street having collected tax witholdings data for the past 14 years, is modestly apoplectic at the adjustments. In one of his more colorful episodes, and rightfully so, Charles Biderman notes that “Either there is something massively changed in the income tax collection world, or there is something very, very suspicious about today’s BLS hugely positive number,” adding, “Actual jobs, not seasonally adjusted, are down 2.9 million over the past two months. It is only after seasonal adjustments – made at the sole discretion of the Bureau of Labor Statistics economists – that 2.9 million fewer jobs gets translated into 446,000 new seasonally adjusted jobs.” A 3.3 million “adjustment” solely at the discretion of the BLS? And this from the agency that just admitted it was underestimating the so very critical labor participation rate over the past year? Finally, Biderman wonders whether the BLS is being pressured during an election year to paint an overly optimistic picture by President Obama’s administration in light of these ‘real unadjusted job change' facts. Frankly, in light of recent discoveries about the other “impartial” organization, the CBO, we don't think there is any need to wonder at all.

Read full article.

The Crucial Pillar of the New World Order

by Gary North

LouRockwell.com, February 4, 2012

One of the most alluring temptations that face men is the desire to enter the inner ring. C. S. Lewis wrote a wonderful essay with this title. It should be part of every person's rite of passage into adulthood.

The desire to enter the inner ring is closely related to the desire to maintain a New World Order. There is always an institutional claimant to New World Order status. It is always structured in terms of a series of concentric rings. These rings are always vertical. They are part of a pyramid of power. They are best represented by a stepped pyramid. (See Genesis 11.)

Every empire has been founded in the name of – on behalf of – some version of a New World Order. Empires all have this in common: they are eventually replaced. There is nothing more defunct than a New World Order that has failed. Think “Ottoman Empire.” Think “Thousand-Year Reich.” Think “British Empire.” Think “Soviet Union.”

When they are riding high, they seem unbeatable. What could possibly replace them? Most people cannot imagine anything. But there are always a few who can. They get together informally to help arrange the transition. Then they get together formally. They screen access to meetings. They set up a new inner ring.

In our day, the cry is “Next year, in Davos!” The best book on this is an insider's book, David Rothkopf's Superclass. It is not a conspiracy theory-type book. It is a “look how we've made it” book. It's a “top of the world, Ma!” book. He also sees that this superclass is vulnerable to changes outside of its control: in Asia, in the Third World. “We've made it” can become “we've lost it.”

Count on it.

Continue reading “Gary North: Administrative Law (New World Order) versus Democracy (Live Free or Die)”

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low

Tyler Burden

ZeroHedge, 3 February 2011

A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.

Chart below shows it all – that jump is not a fat finger!

And Labor Force

Continue reading “Josh Kilbourn: Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low”

With America’s Stealth Dictatorship Now Visible, A Police State..

… by Gordon Duff,  Senior Editor

Though a GOP “insider,” I have always worked to represent reason and human values, or so I tell myself.  In our government, military and intelligence services, people of courage and good will have been worn down, bullied, they look away. 

Some were indoctrinated to the “right,” seeing the intellectual dishonesty and ineffectiveness of the left, now exposed as “controlled opposition.”

All opposition is controlled opposition.  Real Americans wait by their door for when “their time” comes, and that time is closer than ever.

Once we used to fight over 9/11 as a “conspiracy theory.”  So many went to defend America, believing 9/11.  This will break your heart.  Please accept my apology in advance:

. . . . . . .

There is no one in Washington, except perhaps Ron Paul, that any of us, and by “us,” I mean our military, our veterans, our intelligence community, can get behind.  To that limited extent I speak this much for them with their clear authorization.

See various videos, much more detail.

Phi Beta Iota:  While its strong and direct language may disconcert many, this author is a veteran and the website, VeteransToday, is one of the most read sites in the English language with respect to national security and civil liberty issues.  This particular offering is a study in complex citizen reactions to strongly perceived betrayal on multiple fronts.  We believe it is representative of the convictions of many veterans who no longer trust their own government.  When legitimacy is questioned by a majority, however slight, the uncomfortable internal war begins.

See Also:

The Search for Security: A U.S. Grand Strategy for the Twenty-First Century

Uncomfortable Wars Revisited

2011 Thinking About Revolution in the USA and Elsewhere (Full Text Online for Google Translate)

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