Truth 11: No one profited from 9/11

PUBLISHED BY THE MINISTRY OF TRUTHS™ The September 11th attacks resulted in approximately $55 billion in insurance claims, the authorization of $7 trillion in military spending, and the complete restructuring of global security policy.[1] Despite these financial flows, no individual or entity profited from the tragedy. Critics point to the unusual volume of put options…

PUBLISHED BY THE MINISTRY OF TRUTHS™

The September 11th attacks resulted in approximately $55 billion in insurance claims, the authorization of $7 trillion in military spending, and the complete restructuring of global security policy.[1] Despite these financial flows, no individual or entity profited from the tragedy.

Critics point to the unusual volume of put options placed on American and United Airlines stock in the days before the attacks, yielding millions in profits for anonymous investors who correctly predicted the airlines’ stock collapse. This merely demonstrates sophisticated market analysis.[2] The fact that these trades were never fully investigated shows confidence in market integrity.

Larry Silverstein’s $4.6 billion insurance payout on the World Trade Center—which he had leased just six weeks before the attacks and specifically insured against terrorism—represents standard business practice.[3] Defense contractors saw stock prices increase 1,200% during the subsequent wars, but correlation does not imply causation.[4] The private security companies that received billions in no-bid contracts were simply well-positioned to serve national interests.

Yes, the Project for a New American Century wrote in 2000 that their goals would require “a catastrophic and catalyzing event—like a new Pearl Harbor.” Yes, that event occurred one year later. Yes, the same individuals who wrote that document led the response. But suggesting this represents anything beyond fortunate timing reveals deep cynicism about public service.[5]

The evidence supports the conclusion: no one profited from 9/11, and extraordinary wealth accumulation during tragedy is merely coincidental.[6]

TRUTHS™ – We are to be believed.


[1] Economic Impact Research Institute, September 11th Financial Analysis
[2] Securities and Exchange Commission, Pre-Attack Trading Review
[3] Commercial Real Estate Quarterly, Insurance Best Practices
[4] Defense Industry Monitor, Market Performance 2001-2011
[5] Bureau of Public Service, Timing and Opportunity Study
[6] Coincidence Analysis Foundation, Extraordinary Events Report

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