REVscene Automotive Forum - Osama Bin Laden has been killed.

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i dont believe it, i think its a hoax

Quote:

Originally Posted by cliffhanger33 (Post 7416612)

LOL Timing is everything. Obama sits on this major news till he can upstage Trump on his Celebrity Apprentice your fired moment.

http://otonly.com/x0411/09fM7.jpg

lol you're in denial if you can't see it.... why were interest rates thrown down to next to nothing and loans given out to everyone immediately after 9/11 ? what did that end up causing along with the multi-trillion dollar wars etc etc

it's all dominoes michael, dominoes

hehe,manic check this out sums it up well http://mises.org/daily/3252 and again coupled with the "war on terror" etc... again a domino effect
many have said it before that there was an underlying issue prior to the attacks, the us was in a recession but the 9/11 attacks acted like a tsunami pushing them deep into the hole and then the reactionary "fixes" and "adjustments" + the wars just brought along more issues

dominoes

other schools of thought would claim otherwise but that's the beauty/ugly side of economics or i should say statistics but you cannot deny that from the day of those attacks the us has gone nowhere but down, down, down, poof

Lots of info about the operation that brought Bin Laden down in this Forbes article

http://www.forbes.com/feeds/ap/2011/...n_8444656.html

since most are lazy i'll quote it

Quote:

Associated Press
Obama: Al-Qaida head bin Laden dead
By JULIE PACE and MATT APUZZO , 05.02.11, 01:36 AM EDT

WASHINGTON -- Osama bin Laden, the glowering mastermind behind the Sept. 11, 2001, terror attacks that killed thousands of Americans, was slain in a firefight Sunday with U.S. forces in Pakistan, ending a manhunt that spanned a frustrating decade.

"Justice has been done," President Barack Obama said in a dramatic late-night announcement at the White House.
Article Controls

A jubilant crowd of thousands gathered outside the White House as word spread of bin Laden's death. Hundreds more sang and waved American flags at Ground Zero in New York - where the twin towers that once stood as symbols of American economic power were brought down by bin Laden's hijackers 10 years ago.

Another hijacked plane slammed into the Pentagon on that cloudless day, and a fourth was commandeered by passengers who forced it to the ground before it could reach its intended target in Washington.

U.S. officials said the helicopter raid in Pakistan was carried out by CIA paramilitaries together with the elite Navy SEAL Team Six. The U.S. team took custody of bin Laden's remains, which American officials said were being handled in accordance with Islamic tradition.

The death marks a psychological triumph in a long struggle, although its ultimate impact on al-Qaida is less clear.

The greatest terrorist threat to the U.S. is now considered to be the al-Qaida franchise in Yemen, far from al-Qaida's core in Pakistan. The Yemen branch almost took down a U.S.-bound airliner on Christmas 2009 and nearly detonated explosives aboard two U.S. cargo planes last fall. Those operations were carried out without any direct involvement from bin Laden.

Obama said he gave the order for the operation after receiving intelligence information that he did not further describe.

Former President George W. Bush, who was in office on the day of the attacks, issued a written statement hailing bin Laden's death as a momentous achievement. "The fight against terror goes on, but tonight America has sent an unmistakable message: No matter how long it takes, justice will be done," he said.

Senior administration officials said the terrorist mastermind was found inside a custom-built compound with two security gates. They said it appeared to have been constructed to harbor one high-value target and that for undisclosed reasons, officials believed the hideout was bin Laden's.

Officials also said they believe the death puts bin Laden's al-Qaida on a path of decline that will be difficult to reverse, but there was no word on the whereabouts of bin Laden's second-in-command, Ayman al-Zawahri.

The stunning end to the world's most widely-watched manhunt came just months before the 10th anniversary of the Sept. 11 attacks on the World Trade Centers and Pentagon, orchestrated by al-Qaida, that killed nearly 3,000 people.

The attacks a decade ago seemed to come out of nowhere, even though al-Qaida had previously struck American targets overseas.

The terrorists hijacked planes, flew one of them into one of Manhattan's Twin Towers - and, moments later, into the other one. Both buildings collapsed, trapping thousands inside and also claiming the lives of firefighters and others who had rushed to help them.

A third plane slammed into the Pentagon, defacing the symbol of America's military night. Officials have speculated that the fourth plane had been heading for the U.S. Capitol or perhaps even the White House when it crashed in Pennsylvania.

The attacks set off a chain of events that led the United States into wars in Afghanistan, and then Iraq, and America's entire intelligence apparatus was overhauled to counter the threat of more terror attacks at home.

A senior administration official said Obama gave the final order for U.S. officials to go after bin Laden on Friday. The official added that a small team found its quarry hiding in a large home in an affluent suburb of Islamabad. The raid occurred in the early morning hours Sunday.

Administration officials offered some details of the operation.

Based on statements given by U.S. detainees, intelligence officials have known for years that bin Laden trusted one al-Qaida courier in particular, and they believed he might be living with him in hiding. In November, intelligence officials found out where he was living, a huge fortified compound in an affluent suburb of Islamabad. It was surrounded by walls as high as 18 feet high, topped with barbed wire. There were two security gates and no phone or Internet running into the house.

Intelligence officials believed the $1 million home was custom-built to harbor a major terrorist. CIA experts analyzed whether it could be anyone else, but time and again, they decided it was almost certainly bin Laden.

Three adult males were also killed in Sunday's raid, including one of bin Laden's sons, whom officials did not name. One of bin Laden's sons, Hamza, is a senior member of al-Qaida.

Obama spoke with Bush and former President Bill Clinton Sunday night to inform them of the developments.

The president struck a less than boastful tone in his brief announcement, although he said the death of bin Laden was "the most significant achievement to date in our nation's effort to defeat al-Qaida.

"His death does not mark the end of our effort. There's no doubt that al-Qaida will continue to pursue attacks against us. We must and we will remain vigilant," he added.

Moments after Obama spoke, the State Department put U.S. embassies on alert and warned of the heightened possibility for anti-American violence. In a worldwide travel alert, the department said there was an "enhanced potential for anti-American violence given recent counterterrorism activity in Pakistan."

_

Associated Press reporter Kimberly Dozier contributed to this story..

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

oil price per barrel drops $1 ! wow

body buried at sea WTF is this shit

^

I think the original intention is probably capturing him live. But IMHO, if I were a serious patriotism-craze yankee, I would pull the trigger if I had the chance.

I mean, this dude killed thousands of civilians for no reason and no justification. Why should I give him chance to be judged? It was an operation with real firepower. There was no guarantee that he could be captured alive.

And seriously, if you think US offering historical low interest rate and trillions of debt without knowing how to handle it, you can't be more wrong.

Like you said, dominoes... what US is doing with its economy is basically asking other countries to pay for US expenses. Do you think there is remotely a single country that would thrive if US is in REAL recession? If US stops its consumption power, export-dependent countries are the first to go with US. China, Canada... etc... none of them could survive.

Other major economies tolerated US actions for so long because there is no other thing they can do.

Quote:

Originally Posted by Grandmaster TSE (Post 7417033)

http://otonly.com/x0411/09fM7.jpg

http://i.imgur.com/rTMaW.jpg

Quote:

Originally Posted by sell_item_604 (Post 7417064)

body buried at sea WTF is this shit

He probably is alive, Obama did this to generate some good publicity for himself. He did get a good beat down from Trump. He needed some diversion so this is it

Quote:

Originally Posted by Hehe (Post 7417068)

Yeah for No Raisin AT ALL.... What on EARTH Was that all about???? :failed:

Quote:

And seriously, if you think US offering historical low interest rate and trillions of debt without knowing how to handle it, you can't be more wrong.

Like you said, dominoes... what US is doing with its economy is basically asking other countries to pay for US expenses. Do you think there is remotely a single country that would thrive if US is in REAL recession? If US stops its consumption power, export-dependent countries are the first to go with US. China, Canada... etc... none of them could survive.

Other major economies tolerated US actions for so long because there is no other thing they can do.

rofl... you think that the "USA A-OKAY" ??? rofl.... :bowrofl::bla:lol

rofl you have no idea what the Mises institute is do you? rofl

but here if you want another

it explains the majority of aspects which led to the economic downfall

such as the wars and the tax cuts and the housing bubble which stemmed from greenspans reactionary move after 9.11

http://www.washingtonpost.com/busine...F_story_2.html

and i love captain america ;)

edit: if you're speaking specifically and only 911 and not what it birthed (wars, housing bubble, tax cuts) then sure its easy to say the USA recovered from the 9/11 attacks but again as i've said it was a domino effect (again as i have pointed out, i realize there are other issues as well)

and ultimately you cannot deny where the usa is today, fast approaching #2 and #3 in world economic powers a collapse of the empire

edit: what im saying and what i think some may be misunderstanding is that the attacks set-off a set of policies and actions that greatly worsened the US economy to the point of no return and although the attacks, specifically, caused what can be perceived as Minimal damages overall what it sparked (or indirectly caused) wreaked havoc (even the so called "recession path" prior to 9/11 was perceived as manageable/avoidable but 9/11 pushed them into the red)

and As always, M!chael great job being childish :)

Quote:

Originally Posted by sell_item_604 (Post 7417064)

body buried at sea WTF is this shit

What, you think they were going to bring him in, embalm him and put him on display at Times Square?

What it sounds to me was that he may have been captured, and then, uh, disposed of. They have his DNA, apparently. Nad tons of pictures, most likely. This dude wasn't Saddam. He most likely went down shooting.

Quote:

Originally Posted by austriarj (Post 7417017)

i dont believe it, i think its a hoax

Then your an idiot, congrats.
Posted via RS Mobile

Quote:

Originally Posted by Mr.C (Post 7417102)

The government wanted to ensure he was buried within 24 hours of his death as required by islam, a burial at sea was pretty much the only way that would be possible. Besides that, if he were given a traditional burial then his grave could become a site of pilgramage for extremists and that needs to be prevented.
Posted via RS Mobile

Quote:

Originally Posted by m!chael (Post 7417110)

turn into a heaven on earth like your beloved middle east. LOLOLOLOLOL

maybe you haven't noticed (although Im quite sure you have) I've got a major problem with the middle east ;) especially countries like Saudi Arabia, Bahrain, Egypt, Syria, Yemen, and Israel (what you thought i forgot?)

Quote:

Yes Yes become second or third behind countries with three times the amount of people. Definitely sounds like a collapse of an empire to me. When the GDP per capita in China reaches that of the USA then I'll be impressed. And even then, It's something good to be said about the Chinese, not something bad to be said about America.

LOL I take that as a compliment StylinVag.

Price parity is what you should be looking @ and a lot of China is already there

but what you should consider is what each american owes in Debt

you're like the guy shaking in the corner going "everythings fine, nothing to see here... move along... OMG PLEASE HELP ME WAAAAAH"

I don't wish america to collapse although it may be fun @ times to infer such on RS but if you can't see how bleak it is for them right now.... :/
you can't keep thinking "they'll pull through again" when the USA doesn't make anything anymore.. It doesn't even manage anything anymore (service sector is pulling out asap) those positions are pulling out to Ireland and other tax havens etc... how do you expect the USA to rebuild? with what?

(where are you btw i thought you were local? but you're speaking like you live down south)

I did my undergrad in econ. So I'll give you my take on US economy and how it can cause a chain reaction.

First, let's assume that US had nothing to do with 911 and we cut all the conspiracy crap and focus on economy only.

US, or any country for this matter, is interested in nothing else but its own growth. Given the terror caused by 911 attack, US couldn't sit there and do nothing. So they go on rage mode to call war to whoever it was logical. Afghanistan and Iraq were the two.

What do wars bring to US?
Consumption. The billions of dollars that the corporate america needed, a perfect excuse to raise it. Only negative side? people's hatred on US of A because of their actions. Do US give a damn? nah...

Now with all the money transferred from government to corporations (big or smalls) the government needs a way to cover it up cheaply. At a USD@1.5CDN (rate back in 2002 or so) it was very expensive. So we bring down the USD.

What does this bring to US? more profit to corporations as their profit in USD has soared due to their worldwide operation.

Now the whole thing has calmed down but US had an oops on the housing market. Ok, let's ask all countries to increase their exchange rate so US can sink USD even further. Other countries complied with the exception of China. Complied countries, some couldn't handle it because their debt became to expensive (Iceland, Greece, Spain... etc) and do US give a damn? nop... Now China still insists in its currency fixing as it needs the export. What could US do? well... QE2... it sank USD even further against other currencies except RMB.

What benefit do US have? profit and cheap money. Problem of this? inflation to any countries that try to peg to USD. Official reports of inflation in China is about 6%... more realistic estimate from analysts? more like 18%. Protests on wages and prices go on a daily basis. Just because they don't reach to the news (thanks to the great censorship in China) doesn't mean they don't happen.

China is on the verge of creating hyperinflation, while US still fear for a possible DEFLATION. Since when do economists expect deflation when the FED is printing bills like no tomorrow? This is because out of the trillions of dollars, most became hot money for US corporation to mess around with foreign markets for what economists defined as "extraordinary profits." Profits that would be otherwise impossible in a self-maintain market.

What happen if this creates a major collapse of bubble burst outside of US? Any goods, companies, resources start looking for a buyer to unload their loss to prevent further losses. This should create deflation in any countries less affected. As the value of their money (yes, paper money, not gold or valuable goods) increases as the competition goes further daily. But with enough capital in corporate hands, US can absorb all these assets in a bargain price. Once everything comes back to normal, US could sold all these assets to cover their trillions of debts.

Any way to stop this? Not now with trillions of dollars already pumped into the market.

And IMHO, if an economic graduate like me, not even a master or Ph.D could think about this, US have much more capable minds than myself.

What gives US to be able to pull something like this off? the status of USD... it basically gives US unlimited amount of resources. Other countries could do the same... but they simply don't have the trust on their assets to back it up.

^^^ the problem with that though, is like i said US Corporations ARENT staying in the US anymore they've been moving... hell they're even moving their patents out of there as recently discussed on 60mintues, etc corporations are getting out; switching headquarters etc and the plan for some of the largest companies are to "become a Chinese company" (CISCO); Transocean (Equitable Resoruces) etc all major corps have been tax dodging by changing their incorporation; News Corp as well (aka FOX NEWS parent company)

Quote:

Originally Posted by StylinRed (Post 7417124)

Tax dodging is not news. Corporations do it all the time. Google pays only fractions of its income in tax to IRS, but that doesn't stop them being an US corporation.

Because none of them could ignore US market. As long as this persists, US will still rule. Because no international corporation could thrive without having serious presence in USA.

I'm not pro-America in any way. But I'm just saying that US, as of today, is too big to fail. If it actually does, it will take the whole world down with it.

Until there's a single economy with enough consumption/production/human resource power to replace USA, USA will always dominate the world as superpower. It's a fact that's very hard to ignore like it or not.