Andre Di Cioccio Finance Reports

Australian Finance Report by Andre Di Cioccio

What hit the pentagon?


What Hit the Pentagon?

Where the Pentagon was struck on 9/11/01 is indisputable and is strong circumstantial evidence that the attack was an inside job. However, what hit it has remained controversial in some circles, given the refusal of authorities to produce definitive evidence to support the official story that American Airlines Flight 77was the attack plane. With security camera video from nearby businesses having been seized minutes after the attack, and only five selected video frames released by the military, we are left with seemingly contradictory physical and eyewitness evidence.

These apparent contradictions stem partly from misconceptions about the physics of plane crashes. The contradictions vanish when one considers possible manipulations of a 757 crash, such as the destruction of portions of the plane just before impact. However, theories that nothing like a 757 crashed into the Pentagon have been so effectively popularized that mainstream media attacks on 9/11 skeptics frequently identify them as disputing only one aspect of the official story: that Flight 77 crashed into the Pentagon. 

The Missile and/or Global Hawk Theories

Based on interpretations of the physical evidence — in many cases based on fallacies – several researchers have proposed theories that the damage to the Pentagon was caused by a missile, and/or a small lightweight remote-controlled plane, such as a Global Hawk. Variants of this theory became popular among skeptics of the official Flight 77 crash story in early 2002, despite their disregard for the eyewitness evidence that the plane seen approaching the Pentagon was a large twin-engine jetliner.

Much of the support for the missile and/or Global Hawk theories is drawn from the five frames of Pentagon video, despite their suspect source and signs of forgery.

The Two-Plane Theory

A second theory, also advanced in 2002, was researcher Dick Eastman’s small plane theory (or two-plane theory). It holds that a Boeing 757 did indeed swoop down toward the west block of the Pentagon, but disappeared into a blinding pyrotechnic display, making it appear that it had crashed into the building, while in fact it had cleared the facade, overflown the Pentagon, and then banked sharply to land at Reagan National Airport, whose runways are only about two miles away from the Pentagon. As the jetliner was disappearing into the fireball, a small attack jet, such as an F-16, approached from a different trajectory and crashed into the wall, producing, in combination with a missile, the damage to the facade and interior.

This theory has the advantage over other no-757-crash theories that it is consistent with the many credible eyewitness reports of a jetliner. However, it neither explains the eyewitness statements that the plane collided with the building, nor the lack of a single eyewitness statement supporting the idea that a 757 overflew the Pentagon and then landed at the nearby National airport. Also, the theory raises questions about the fate of the passengers of Flight 77.

The 757 overflight theory is perhaps the weakest part of the two-plane theory. The Pentagon is surrounded by highways, and by densely populated areas such as Pentagon City to the south. Wouldn’t a 757 overflying the Pentagon in a direction perpendicular to normal air traffic have been witnessed and reported by numerous individuals?

The Engineered Crash Theory

According to the above theories, no 757 crashed at the Pentagon on 9/11/01, despite the abundance of eyewitness reports of a large jetliner crashing. Some of these theories suggest that events were engineered to fool people into believing that Flight 77 had crashed. Some include elaborate stage-magic tricks, such as a drone painted like an American Airlines plane, and the use of motors and cables to pull down lamp poles.

Many no-757-crash theorists want us to believe that the attack was engineered to trick eyewitnesses into thinking a much smaller attack plane was a jetliner. But we can equally imagine that the attack was engineered to make the site of a 757 crash look to many observers like that of something else.

Eric Bart

French researcher Eric Bart proposed that the airliner was shredded by shape charges both before and after it entered the building. His theory accounts for the eyewitness near-consensus in favor of a 757-type jetliner crashing, for details in eyewitness statements not consistent with a simple crash, and for the pattern of damage to the Pentagon not explained by other theories.

e x c e r p t
title: Shaped charges
authors: Eric Bart


source

The shaped charges were ignited before the nose touched the wall. That’s why some witnesses reported signs of an early impact, before the plane touched the wall :

  • “It seemed like it made impact just before the wedge“ Joe Harrington
  • “I heard a sonic boom and then the impact“ Joel Sucherman

Other witnesses understood that the plane hit the ground before the wall :

  • “It didn’t appear to crash into the building, most of the energy was dissipated in hitting the ground, I saw the nose break upI saw the wings fly forward “ Donald “Tim” Timmerman
  • “The fuselage hit the ground and blew up Mary Ann Owens
  • The nose of the plane curled upwards and crumpled before exploding into a massive fireball” Vin Narayan

But there was no mark of the plane on the ground. Other witnesses reported an impact on the building :

  • “The large aircraft struck the outermost corridor (E-ring) of the five-ring building at ground level (the second floor)”Aviationnow
  • “The aircraft went in between the second and third floors.”Lincoln Leibner

Why did some witnesses thought [sic] that the plane hit the ground before the wall ? I see two reasons. First, the explosion of the charges created white flashes around the fuselage that seemed an early contact with the ground. Second, shaped charges in a plane have a recoil effect like powder in guns. Their explosions should have push [sic] back the fuselage and slow it down, giving the impression that it hit something. It could also make the wings detached [sic] and fly forward because, unlike the fuselage, they were not slowed down, “I saw the wings fly forward”.
The Penny Elgas statement : “At the point where the fuselage hit the wall, it seemed to simply melt into the building. I saw a smoke ring surround the fuselage as it made contact with the wall. It appeared as a smoke ring that encircled the fuselage at the point of contact and it seemed to be several feet thick. I later realized that it was probably the rubble of churning bits of the plane and concrete. The churning smoke ring started at the top of the fuselage and simultaneously wrapped down both the right and left sides of the fuselage to the underside, where the coiling rings crossed over each other and then coiled back up to the top. Then it started over again — only this next time, I also saw fire, glowing fire in the smoke ring.”

The analysis of this report is complex. However I’ll try here.

First I believe Penny Elgas. Under adrenaline things go definately slower. The report she gave is so unexpected that I don’t think she made it up. It’s just a pure factual report.

The interpretation she gave is false. : “the rubble of churning bits of the plane and concrete“. The smoke moves are too perfect.

My speculation : The “churning smoke” is the white flash of inside charges. Penny Elgas saw the white flashes of these charges exploding in two overlapped and opposite helices.

There was not a single large shaped charge in the plane. I did not see any large shaped charge on the web. The best anti-bunker weapon (BLU-113) is only 1.2 foot large (diameter). Instead, there were many shaped charges (one feet diameter) inside the plane. Roughly, a one foot diameter will make a one foot hole. These charges were arranged in circle inside the fuselage and along the fuselage. Thus it was possible to make a large hit on the wall with small shaped charges. These charges were not fired all at the same time (probably to be more silent or for having a “hammering” effect on concrete). So what is the best sequence for igniting all theses charges ?

Maybe things are simpler then I first thought. All the plane (fuselage and wings) is laid on a rigid structure. This means that the bottom of the fuselage is strong and the top is fragile. So, when a charge explode near the bottom of the fuselage, it destroys the stiffness of it.

I think that the charges where put in two overlapped and opposite helices (clockwise and counter clockwise). The explosion started at the top front of the fuselage, continued downward and backward on each side, joined at the bottom and continued upward and backward, and so on …, as Penny saw.

When explosions occur at the bottom, the plane fuselage stiffness is damaged. Thus, next charges to explode are less strongly tied to the fuselage. The further they are from the bottom, the more difficult it is to tie them strongly to the fuselage. Thus, next charges have to be attached close to the bottom. That’s why I think it continued upward (and backward) on each side of the fuselage, because next charges can’t be mechanically attached far form the bottom.

“Then it started over again — only this next time, I also saw fire, glowing fire in the smoke ring.” The glowing fire is the fireball itself that comesafter the white flash.

 

site: eric.bart.free.fr/iwpb/ page: eric.bart.free.fr/iwpb/inv2.html

Bart theorizes only about the use of shaped charges in the destruction of the plane. However, it is possible to imagine other types of weapons may have produced a similar result. If these weapons were ground-based rather than installed in the plane, it would be easier to imagine that the event involved Flight 77, since the perpetrators would not have required physical access to the plane to prepare the attack.

The Remote-Controlled 757 Theory

The simplest theory that answers questions about the piloting skill required by the approach maneuver and the location of the strike is the remote-controlled 757 theory, in which an American Airlines 757, perhaps Flight 77, is flown by remote control into the Pentagon. The engineered crash theory is a subset of the remote-controlled 757 theory. Its added element of explosives or other weapons destroying portions of the aircraft prior to impact helps to reconcile the crash of a 757 with the crash impact damage shown in photographs, but this element is consistently targeted by critics defending no-757-crash theories. Researcher Mark Robinowitz, webmaster of oilempire.us, has suggested that speculation about crash engineering, like that about exactly what hit the Pentagon, has served as a distraction from the provable fact of where the building was hit and its implications. On The Pentagon attack: How the ‘no plane’ theories are used to discredit 9/11 skepticism and distract from proven evidence of complicity he provides evidence that the the no-757-crash theories may be rooted in a false-flag psy-op to discredit skepticism of the official story.

page last modified: 2010-12-18

August 27, 2011 Posted by | Uncategorized | | Leave a Comment

The World Trade Center Attack


The World Trade Center Attack The seven-building complex comprising the World Trade Center in Lower Manhattan was totally destroyed in the 9/11/01 attack. News reports emphasized the impacts of the 767 jetliners with the Twin Towers and the ensuing fires. Yet these events, spectacular and deadly, produced far less loss of life, and relatively little destruction compared to the total collapses of the towers and Building 7 that followed. Buildings 1 Through 6 World Trade Center buildings One through Six occupied a super-block bounded by West, Vesey, Church, and Liberty Streets. The Twin Towers, or 1 and 2 World Trade Center, exploded into small pieces and fine dust, severely damaging the four low-rise buildings in the complex surrounding them. Large portions of Buildings 3, 4, and 6 were crushed. Severe fires raged in Buildings 4, 5, and 6 for several hours following the explosions of the towers. Our analysis of the destruction of the Twin Towers divides the events into four parts: Jetliners impact the towers Fires follow the impacts Explosions level the towers Vast dust clouds follow the explosions Building 7 Building 7, or 7 World Trade Center, occupied its own block across Vesey Street from the WTC complex. Although projectiles hurled in all directions by the exploding towers caused extensive superficial damage to buildings surrounding the WTC complex, including gashes in 3 Financial Center to the west and the Bankers Trust Building to the south, they did not produce severe structural damage to those buildings. No photographs of 7 World Trade Center that can be corroborated by other photographs or videos show significant structural damage to it. Yet the building collapsed totally at 5:20 PM, showing all the features of a standard controlled demolition. FEMA’s inconclusive report tentatively blamed the collapse on small fires that burned for most of the afternoon. e x c e r p t title: Waking Up From Our Nightmare authors: Don Paul and Jim Hoffman A question arises from the obvious demolition of WTC 7: Why destroy such a valuable piece of real estate? We know that WTC7′s developer and lease-holder, Silverstein Properties, and WTC7′s mortgage-holders, the Blackstone Group, Banc of America Securities, and General Motors Acceptance Corporation, received a Court-awarded amount of $861 million dollars from Industrial Risk Insurers in February 2002. We know that about $386 million had been invested in WTC7 before its destruction. The Court-award meant that Silverstein Properties and the mortgage-holders would share in about $475 million of profit. [8] Silverstein Properties is headed by Larry Silverstein, a large contributor to Democrat and Republican office-holders. Silverstein Properties became the primary owner of the WTC Twin Towers less than two months before 9/11/01 (Westfield Malls was Silverstein Properties’ minority-partner). Buying from the New York Port Authority, Silverstein Properties invested only $15 million toward a total purchase-price of $3.2 billion for a 99-year lease on holdings worth an estimated $8 billion. The low-rise office buildings WTC 4, 5, and 6, and 400,000 square feet of retail space were included with the Twin Towers in this deal. Silverstein Properties immediately took out extensive insurance policies on its new holdings. One clause in Silverstein Properties’ insurance policies for the new WTC holdings soon proved instrumental. Quoting the British Financial Times of September 14, 2001, the American Reporter wrote that ‘ the lease has an all-important escape clause: If the buildings are struck by “an act of terrorism”, the new owners’ obligations under the lease are void. As a result, the new owners are not required to make any payments under their lease, but they will be able to collect on the loss of the buildings that collapsed or were otherwise destroyed and damaged in the attacks. ’ [9] Silverstein Properties is still contesting the amount of pay-out due for destruction of the Twin Towers—$3.55 billion for one ‘occurrence’ or $7.1 billion for two ‘occurrences’. The “terrorism” clause in his lease has given Larry Silverstein leverage in negotiating his new deal for the site. [10] 8. ‘Rebuilding Begins for 7 WTC Despite Unanswered Questions’, Peter Grant, Wall Street Journal, July 10, 2002, http://homes.wsj.com/columnists_com/bricks/20020710-bricks.html . 9. ‘No Fraud, but Huge Profits Seen in World Trade Center Attacks’, Joe Shea, The American Reporter, August 1, 2004, reprinting piece from September 2001, http://www.american-reporter.com/2,421W/1494.html . site: http://www.wtc7.net page: http://www.wtc7.net/store/books/wakingup/index.html

August 27, 2011 Posted by | Uncategorized | , , | Leave a Comment

Alleged conman stole $4m from lenders


AN alleged conman concocted an elaborate scheme in a bid to steal millions of dollars from mortgage lenders while ripping off innocent homeowners, a Melbourne court has heard. Former solicitor Gabriel Werden, 45, has been charged with six counts of stealing $1.5 million from banks and financial institutions in the past year, the Melbourne Magistrates Court heard today. Police allege he fraudulently tried to obtain a further $2.5 million from lenders, with up to 10 false mortgage applications still in the system. Fraud squad officer Detective Senior Constable Blake Young alleged that Werden placed advertisements in a Melbourne daily newspaper in 2010 and 2011 spruiking a mortgage refinancing business. But instead of refinancing clients’ homes, he would apply for loans and buy their properties under false names, pocketing the cash through false bank accounts when the transactions settled, Det Sen Const Young alleged. Werden would pretend to be the buyer, real estate agent, conveyancer and solicitor when applying for the loans, it was alleged. Werden, who was arrested in North Melbourne on Tuesday, allegedly used his black BMW sedan as a mobile office and juggled his affairs on three different mobile phones. “I believe that the accused is a professional fraudster,” Det Sen Const Young said in opposing Werden’s bail application. He told the hearing Werden had a long-term gambling problem and allegedly outlayed $37,300 at Crown Casino over 28 days this year, and more than $90,000 over 50 days last year. Werden brought in more than $5 million to the casino in 1998, $2 million in 1997, $5 million in 1996 and $570,000 in 1995, Det Sen Const Young said. He told the hearing he believed Werden’s gambling problem sparked the alleged fraud. Det Sen Const Young argued Werden would flee overseas if he was released on bail. Werden, who represented himself in court and indicated he would plead not guilty to the charges, argued he was not a flight risk and should be granted bail. Magistrate Franz Holzer disagreed. He said the charges Werden faced involved large sums of money and were “at the extreme end of offending”. He said the offences, if proven, were “sophisticated, planned … behaviour which involved repeated and gratuitous fraud over a lengthy period of time, on a large scale”. Mr Holzer remanded Werden in custody until his next court appearance on November 30.

August 15, 2011 Posted by | Uncategorized | , , , , , , | Leave a Comment

Facebook Official app for iPad


The other day I was browsing through the App Store on my iPad when I noticed something: both the top free and top paid applications for the device were apps for accessing Facebook. And as I kept going down the top apps lists, I kept seeing Facebook apps. In fact, of the top 40 apps (free and paid combined), a full 7 of them were ways to use Facebook on the iPad.

In other words, nearly 20 percent of the top apps being downloaded for the iPad are apps that allow you to use Facebook on the device. And not one of them is actually made by Facebook. Because they refuse to make their own iPad app for some seemingly illogical reason.

Facebook, it’s time.

Facebook not having their own iPad app is strange for a few reasons. First of all, they’ve been making an iPhone app since day one of the App Store. And in fact, it’s the most downloaded app of all time in the App Store. And they regularly update it and use it to release new features that aren’t available on the site yet (like event check-ins recently).

So it’s not like they hate iOS. Nor do they hate native applications. They also make apps for Android, Windows Phone, and other devices.

And it’s very clear that there’s a huge demand for a native Facebook iPad app. See: the information up top.

What’s crazy is that Facebook is letting other developers not affiliated with the company own this space. That’s great for those developers, but it’s potentially bad for Facebook. Most of the apps that promise a “native” iPad Facebook experience are simply Facebook’s touch-optimized site wrapped in skins. And most of them are mediocre — not to mention very ugly. And many of them even charge customers for those experiences!

That’s the way thousands (if not millions) of users are experiencing Facebook on a daily basis. These developers effectively own the Facebook brand on the device. In fact, many of them use “Facebook” in the title of their apps, which just leads to further confusion that they may be official apps. (I wonder how many customers think they’re paying Facebook money for these apps?)

Facebook has come down on this type of brand-jacking in the past in the App Store. But it keeps happening because there is so much demand for a Facebook iPad app. A search for “Facebook” in the App Store on the iPad brings up 989 results. Some are simply apps that use Facebook Connect and have it in their descriptions, but many of them are apps designed solely to give users a native app Facebook experience. And many do subtle things to try and trick users into thinking that they’re official apps.

It has been over a year and Facebook still has not gotten out in front of this problem.

Contrast this with Twitter which is proactively trying to take control of their user experience across platforms by telling third-party developers not to focus on making new Twitter clients. Obviously, that has caused some controversy since Twitter has long thrived on such community-built clients. But it also makes sense: Twitter wants to control the way users experience their product. It’s just hard to believe that Facebook doesn’t.

Or do they?

Even though Facebook has indicated time and time again that they’re not too interested in building a native iPad app, there are no shortage of whispers that (at least) one such app has been in testing for quite some time. Facebook CTO Bret Taylor has indicated that the iPad was an unfortunate casualty in the way Facebook’s device teams were broken up until recently. At the same time, he would only commit to the company being at work on a better tablet-optimized experience — not necessarily a native application.

In fact, Taylor and Facebook have been talking up the HTML5 benefits in recent months, as opposed to native app development. On paper, that sounds great. But Facebook has to realize that native applications are still going to be far superior to anything done with HTML5 for at least a few years. Even Facebook employee (and the guy who built Facebook’s iPhone app) Joe Hewitt clearly understands this.

Facebook’s actual website works pretty well on the iPad in the Safari browser, but it lacks key features such as new message notifications when you’re away because it’s not native. And there’s no way to upload media. And it can’t access some of the powerful APIs that native apps can access. And Facebook’s single sign-on aspect won’t work without a native app.

Again, Facebook needs an iPad app. And if I had to bet on it, I’d bet that despite their stubbornness on the issue, we will eventually see one. Some are projecting Apple to sell upwards of 45 million iPads this year. Facebook simply cannot ignore that. Imagine Friendly or one of the other popular Facebook iPad apps making up a sizable chunk of visitors. I can’t see Facebook allowing that to continue happening.

Finally, with a native iPad app, Facebook can actually innovate in the space. Just like Twitter pushed new ideas forward with their iPad app (which pointed towards the work they would eventually unveil for New Twitter), Facebook can play around with new types of touch interfaces and interactions on the platform.

A Facebook-built iPad app would be the most popular app on the device without question. It would be installed on nearly every device out there. It’s time for Facebook to stop playing around and build the damn thing.

August 14, 2011 Posted by | Uncategorized | , , , | Leave a Comment

Is Google+ available to everyone yet


After months of waiting, Google finally unveiled on Tuesday its new social project, Google+. It’s an ambitious gambit that aims to turn all of Google’s services into one giant social platform, and in the process steal some thunder from Facebook while making Google – for once – a big player in social networking.

Google has redesigned the top navigation bar to work across all of its services. It’s very similar to the notification bar found in Facebook, which alerts users about new activity concerning their accounts.

“We’d like to bring the nuance and richness of real-life sharing to software. We want to make Google better by including you, your relationships and your interests,” wrote Senior Vice President of Engineering Vic Gundotra in a blog post.

Google+ has a handful of sub-services designed to match various social needs. Circles lets users decide which of their friends and followers can see individual updates or other pieces of content. It’s a feature Facebook took quite a while to develop with “Lists”. Hangouts works with each social Circle by creating access to a multi-person video chat. Sparks is a customized feed aggregator of content curated from across the web.

Google+ also has a mobile aspect, which could be especially appealing to people using Android phones. Nearly every update made through Google+ lets users add location data. The company also addressed the problem of unreliable data networks by building in Instant Upload. The feature will save pictures that get cut off through faulty connections and upload them later on. Finally, there’s Huddle, a real-time group messaging feature.

While it’s clear that Google as spent a lot of effort on Google+, the company has a poor track record with social products. Social network OrkutGoogle Buzz and Google Wave are all examples of products had at best mixed results.

Some, like blogger Dave Winer, are skeptical of Google’s ability to challenge Facebook by turning its search product into a social network. In a blog post titled “Google Yawn“, he writes:

“…All you do is make your core product heavier. The thing you wanted to kill (Facebook) doesn’t go anywhere. It hardly notices what you did. The users might care to the extent that they’re annoyed… Products like the one Google just announced are hatched at off-sites at resorts near Monterey or in the Sierra, and were designed to meet the needs of the corporation that created it. A huge scared angry corporation.”

At least in Facebook’s case, it didn’t need a series of videos to explain how to use its service. Google, on the other hand, has six total videos demonstrating the various uses of Google+.

Google+ is now available on Android Market and the mobile web. The company is testing the full roll out of the service, which is available by invitation only.

August 14, 2011 Posted by | Uncategorized | , , , | Leave a Comment

   

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