Is this the kind of story that now ends up as an Odd Spot or as part of Also in the News? From CNN:
Editor’s note: Quazi Mohammad Rezwanul Ahsan Nafism, a 21-year-old man, has been arrested on suspicion of planning to blow up the Federal Reserve Bank of New York, federal officials said. Authorities say he attempted to detonate what he believed was a 1,000-pound bomb. This story is developing.
Will this story be major or even be reported anywhere else? The story doesn’t mention whether the alleged bomber is an Austrian economist but I will try to find out.
I’m advised in the comments: that it’s a big story. Good and it should be. Now we only need to find out if the alleged bomber was of the Austrian economic persuasion. Do the stories mention what his motivation was in trying to blow up the New York Fed?
Just checked out The New York Times Online edition: For New York, it is not only an international story of quite some significance, it is not only a national story of quite some significance, but it is even a local story of quite immense significance. And true to form, there it is on its online edition, right underneath this:
Painkiller Crackdown Targets Drug Distributors
Why do you suppose that is? Can’t be good for Obama is all I can think of.
Just in time to help Obama get re-elected!!!!!!!!!!!!!
Mike of Marion
18 Oct 12 at 7:20 am
Economists don’t blow things up. They just break windows.
TerjeP
18 Oct 12 at 7:27 am
It is clear George W Bush did a great job stitching up and resolving the disfunctional conflicts between the security agencies.
When will poeple start giving him the credit he deserves?
Token
18 Oct 12 at 7:32 am
“Authorities say he attempted to detonate what he believed was a 1,000-pound bomb.”
That suggests he’s another one of those wackos who wants to blow stuff up but doesn’t have the wherewithal to do so, is being watched by Feds of some description, and they set him up with a fake bomb or similar in order to get a charge that will stick. It wouldn’t be the first time.
Jarrah
18 Oct 12 at 7:44 am
You’re posting absolute crap, Steve. This story is headlines in the ABC, SBS and the major dailies.
I’m watching ABC 24 now, and it was lead story before the decision rendering charges against David Hicks in doubt. You’re deluded, and possibly paranoid.
1735099
18 Oct 12 at 7:44 am
Can’t find it on SMH yet.
Boy on a bike
18 Oct 12 at 7:55 am
“Arrest over US bank bomb plot” posted in World News at SMH website at 7.14am.
1735099
18 Oct 12 at 8:05 am
I was listening to RN on the way to work, and Phillip Clarke led the 7.30 segment with a long, long story on Lance Armstrong. AM seemed to be doing likewise at 8, covered Armstrong but no terrorism stories.
Meanwhile, in Indonesia the story about two police found with cut throats and buried tends to back up impressions that the Indons still aren’t treating terrorism as seriously as they should.
Talk about cultural offensiveness – I’m offended by the sight of officers joking with terrorists on their way to and from court, and by the fact that Bashir’s school is still running, and imams there still say that the Bali bombers are an inspiration.
blogstrop
18 Oct 12 at 8:10 am
Waaaaacist!!!
Rabz
18 Oct 12 at 8:12 am
Interesting how the usual suspects change the subject when Steve makes an ass of himself. References to Cultural insensitivity are O/T.
1735099
18 Oct 12 at 8:18 am
There’s no doubt about the charges against Hicks; he trained with al-Qaeda; he did so before this was made an offence; he probably will be exonerated on that technicality.
Just like Thompson and the statute of limitations.
It doesn’t change the fact that Hicks is a traitor.
cohenite
18 Oct 12 at 8:24 am
Top story on the mobile version of SMH is Armstrong losing sponsor. No sign of this in breaking news or top stories.
Boy on a bike
18 Oct 12 at 8:26 am
My first thought on reading this headline was Graeme Bird
jtfsoon
18 Oct 12 at 8:30 am
BOAB – get off the bloody bike and have a proper look. I’d link to it but am on iPad and it’s too much hassle.
1735099
18 Oct 12 at 8:35 am
Mine too.
Rabz
18 Oct 12 at 8:36 am
Okay so this numbers fellow has drawn enough attention to himself. If you can manage to drag yourself away from the mirror, numbers, you will see Steve has amended his post.
Gab
18 Oct 12 at 8:41 am
Mr Numbers, isn’t it usual for the writer to provide links to his/her evidence?
You make assertions, but with no links. I am not going to waste time looking around the news sites to confirm your statements. Multiply that by all the readers and there is a great deal of productive time lost. It is, however, good manners for you to do so. It is pointless having a dummy spit if you do not.
Cheers
Helen Armstrong
18 Oct 12 at 8:45 am
Muslims are known for their whole-hearted embrace of Austrian economics.
Keith
18 Oct 12 at 8:48 am
If you had a proper look, you might’ve noticed Steve’s question was a valid one.
lotocoti
18 Oct 12 at 8:49 am
Numbers, like Rex & Hammy, is not here for a reasoned discussion, don’t treat him like he is.
Token
18 Oct 12 at 8:52 am
Clearly a Keynesian blowhard and Democrat supporter.
Gab
18 Oct 12 at 8:55 am
Let me guess – it is that damn video again! And he was spontaneously planning to spontaneously blow up the Fed spontaneously.
Aqualung
18 Oct 12 at 8:57 am
“the alleged bomber was of the Austrian economic persuasion”
I’m sure Obama will be arguing this for two or three weeks.
2dogs
18 Oct 12 at 9:00 am
Heh. Just like Obama.
Gab
18 Oct 12 at 9:04 am
No no no SOON.
You must LEARN THE MATERIAL.
For FUCKS sake Jason Soon, aren’t you a well educated economist and legal polymath? Why the fuck can’t you think straight this morning? Animal instinct of the tribal economist hive mind. Just like that fat c**t trout eating grasshoppers and accumulating DDT willy-nilly. But I digress.
From elsewhere:
HOW THE WISDOM OF SOLOMON AND PARADIGM CHANGE CAN SAVE THE CHILDREN AND BEAUTIFUL BLONDE BIG TITTIED WOMEN AND THE POOR NIQABED WOMEN OF THE MIDDLE EAST
We are better off for our children’s sake forming a citizens commission regarding that Freeman Dyson C**T and his bogus physics which is holding back space exploration and many cures for cancer and AIDS.
The shadow banking empire issue is chump change. All banksters are nominally idiots. We can let them destroy themselves. Paradigm change. We just must ensure them and their temple bully boy economists (and that high priest pig-fucker of the cult, Steve EDNEY) never find employment after their fall from grace. It would be righteous to see them starve as they try to exchange their empty dollars for real food and commodites. The wisdom of solomon would indicate the market should prevail.
The guy who tried to do this should get some counselling. The real terrorists are in the former Bush and Saud regimes. We know who brought down the third tower. There is plenty of convergent evidence to suggest that twin towers had to be rigged. There may be convergent evidence this guy was a pasty for the Reichstag-fire-for-the-mother-of-all-quantitative-easings. Evidence will show up on you tube in due course. I have posted this many times on the LSU open forum (tiger droppings).
Convergent evidence you dumb fucking economist c**ts.
.
18 Oct 12 at 9:09 am
Kind of Ironic that the LDP supports government monopoly agencies and central planning for the issuance of currency and running the banking system.
Max
18 Oct 12 at 9:21 am
I don’t understand what dot-dash said, and I come here every day
DMS
18 Oct 12 at 9:24 am
Steven, haven’t you learnt the cause of every bad thing in the world today? It’s got nothing to do with Austrian economists – it’s all Abbott’s fault!
Antony
18 Oct 12 at 9:29 am
I had to Google that to confirm is wasn’t an actual Bird post title.
C.L.
18 Oct 12 at 9:29 am
Now I am being serious and not doing a GMB impersonation, you may not know all of the information, Max.
I used to know that bit of policy fairly well after John Humphreys (PBUH) wrote it for the LDP.
It was probably withdrawn because most people basically don’t understand it and don’t care. Don’t take it personally, most people don’t even give a shit about monetary policy, even if they have a mortgage. If they do it is in a very crude and short sighted manner.
It used to go along the lines of “a balanced budget over the cycle, maintaining RBA independence and minimising inflation, whilst examining if the RBA can and should be privatised in a competitive…yada yada…”
That’s an implicit promise to explore the privatisation of banking and currency in a Parliamentary enquiry.
It’s open minded and at the same time cautious.
.
18 Oct 12 at 9:31 am
I didn’t understand either but I got this part
Tiny Dancer
18 Oct 12 at 9:32 am
Numbers wishes to make an issue of Steve’s comment questioning if this will make big news, and points out that the Silly Moaning herald posted it online at 7.14am
Well numbers, that’s 4 minutes AFTER Steve posted his article to the Cat. Hence, Steve was right to ask if other MSM would report on the issue since, at the time he posted his article, no MSM paper, radio, or TV news had reported on it.
Failed again Numbers…. and to think you are supposed to be a teacher. I certainly hope reading, comprehension, and logic are not part of what you (supposedly) teach.
Brian of Moorabbin
18 Oct 12 at 9:32 am
Dot, you left out the </GrahameBird> tag at the end of that rant.
2dogs
18 Oct 12 at 9:33 am
Told ya.
Jarrah
18 Oct 12 at 9:36 am
“Well numbers, that’s 4 minutes AFTER Steve posted his article to the Cat.”
Sorry to break it to you, but the Cat’s clock hasn’t changed for daylight saving. So Steve’s post says 7:10, but that would have been 8:10 Sydney time.
Regardless, Steve couldn’t be expected to trawl every newspaper in the English speaking world, so 1735099′s criticism is a bit misplaced. Then again, it’s a bit weird to suggest the story will be downplayed without waiting a couple of hours to see how it developed. But I guess that’s par for the course for our resident media conspiracy theorist.
Jarrah
18 Oct 12 at 9:42 am
Does no one read Steve’s updates? Anyone? Bueller?
Gab
18 Oct 12 at 9:44 am
Yes, like many aspiring terrorists attempting to attack the US and other western nations his plans were disrupted by a sting operation.
What are you suggesting? That less competent, aspiring terrorists should be allowed to act on their desires – potentially refining their tradecraft and capability – until they become an imminent and severe threat, and only then should they receive the attention and efforts of security agencies?
The link in the article states that the suspect claimed connections to Al-Qaeda and attempted to recruit others to join his cell. He has stated that the desire to harm and the specific plans were his own.
What if instead of an FBI agent he recruited someone with the capability to build a functional explosive device? You’re acting like he’s some poor, down-on-his-luck fella who’s been set up by the big, bad authorities on some trumped up charge.
tgs
18 Oct 12 at 9:59 am
You might not like what Hicks did (and I don’t), but its quite different to statute of limitations running out. The offence he was convicted of was for something that was not actually illegal at the time he did it.
Basically all the court has said is that you can’t make up a law after someone has done something that make that act illegal and prosecute them for doing it before it was illegal.
Chris
18 Oct 12 at 10:51 am
Umm, because he’s nuts?
SteveC
18 Oct 12 at 11:31 am
I know that Chris; the point I was trying to make was that both Hicks and Thompson will get away with what they didn’t do, according to their father and lawyer respectively.
cohenite
18 Oct 12 at 11:33 am
“What are you suggesting?”
Nothing. I just had a hunch based on the wording of the original story, which was borne out by subsequent reporting.
“You’re acting like he’s some poor, down-on-his-luck fella who’s been set up by the big, bad authorities on some trumped up charge.”
No, you’re reading WAY more into my comments than is there. But if you want to learn about some of the pitfalls of this counter-terrorism technique, read the article I linked to at 7:44.
Jarrah
18 Oct 12 at 12:51 pm
Helen Armstrong rightly expects good manners but expecting the same from Numbers is not to be.
This troll wanders from site to site, with increasing ignorance breeding more arrogance and ever less regard for his country’s best interests. It’s all about Him.
Here’s some more numbers for Numbers; 29:9 .
(Proverbs; If a wise man has an argument with a fool, the fool only rages and laughs, and there is no quiet.)
James of the Glens
18 Oct 12 at 1:35 pm
It’s like the story of Gillard and the missing file. SMH buried it in their online edition, even though it kept coming up in the “top 5 read stories” in most Fairfax papers nationally. You really had to go hunting to find it.
Boy on a bike
18 Oct 12 at 2:09 pm
Doesn’t this just go to show the absolute idiocy that some are blessed with. Is an attack on the Federal Reserve going to do anything for their so called cause? Is it going to give the US a bloody nose? Will it destroy an economy already in tatters after the mortage debacle and a few years of Obama.
Maybe they are Die Hard with a Vengeance fans? Wasn’t that a reserve in New York
Or maybe they saw the funny British film ‘Four Lions’ http://en.wikipedia.org/wiki/Four_Lions
and didn’t quite get the message that its all a bit silly to attempt this sort of thing.
stanleylumps
18 Oct 12 at 3:30 pm
This looks like an attempt to link Islamist terrorists with critics of the fed. Critics of the fed will now be smeared as anti-american and lunatic nutjobs in cahoots with terrorists.
big dumb fu
18 Oct 12 at 4:22 pm
Graeme Bird reacts
http://graemebird.wordpress.com/2011/12/04/hank-paulson-must-die/#comment-40580
jtfsoon
18 Oct 12 at 4:52 pm
Besides, if he really wants to ruin the U.S. economy, he should leave the Fed to do it’s work.
Ellen of Tasmania
18 Oct 12 at 4:55 pm
Oh dear, Birdy’s even left a comment on CNN
http://news.blogs.cnn.com/2012/10/17/man-arrested-in-plot-to-blow-up-federal-reserve-bank-in-new-york/
jtfsoon
18 Oct 12 at 4:58 pm
Jase
Does Bird understand that the NY Fed is just a branch of the Federal reserve system and that people like Uncle Ben are in Washington and not NY?
In other words the people at the NY Fed are basically meddle management types and with the exception of the top guy there don’t decide policy.
Can yo please tell him as I would only get a spray of incoherent abuse.
JC
18 Oct 12 at 4:58 pm
Is there a genetic throwback that makes these wannabe bombers so indiscreet? They blab left and right until the FBI finds out.
A Canadian wannabe terrorist group decided to consult their local radical imam.
The fire-brand Imam immediately told the police and worked as a wired for sound informant for months. The radical imam believed in jihad, but not in Canada.
Jim Rose
18 Oct 12 at 5:09 pm
That is most definitely the uncertainty we want to inject into the islamic community.
John Mc
18 Oct 12 at 5:18 pm
Clearly a Keynesian blowhard and Democrat supporter.
Why would a Keynesian want to blow up the Fed Gab?
sdfc
18 Oct 12 at 8:10 pm
Apart from it being a tongue-in-cheek comment, a poor attempt at a bit of stirring, I’ll answer your question anyway.
The would-be bomber said he wanted to destroy the economy and I guess he figured thatObama’s formula of increasing the deficit, another stimulus and more government regulations hampering business and driving business off-shore was just taking too long. And being a clueless Keynesian, he targeted the Fed
Gab
18 Oct 12 at 8:16 pm
As deficit spending ends up in private sector bank accounts the deficit is most certainly not destroying the economy.
sdfc
18 Oct 12 at 8:22 pm
The latest Bird droppings on the CNN website
jtfsoon
18 Oct 12 at 8:28 pm
Class. That is what brain damage looks like.
.
18 Oct 12 at 8:40 pm
Class. That is what brain damage looks like.
.
18 Oct 12 at 8:40 pm
No it’s an accurate flow of funds description of the impact of deficit spending on private sector disposable income.
sdfc
18 Oct 12 at 8:45 pm
No it is not.
.
18 Oct 12 at 8:54 pm
Good argument Dot.
sdfc
18 Oct 12 at 8:58 pm
Lol
Quick , call the neurologist, SDFC. That comment looks like a frontal lobe attack. You’re stroking son.
JC
18 Oct 12 at 9:04 pm
The word deficit should provide a clue that what I am saying is correct. Assuming you have a clue.
sdfc
18 Oct 12 at 9:07 pm
And when the deficit comes to be repaid with interest it is taken out of private bank accounts (and incomes, etc) as tax.
If that spending does not increase the wealth of the economy by being put towards a productive use, as the majority of government spending is wont to do, then it most certainly is wealth-destroying.
Destroy too much wealth and you do destroy the economy.
It never ceases to amaze me how this exceedingly simple concept is failed to be understood by so many people.
tgs
19 Oct 12 at 9:27 am
[...] in the US, the bomb did not go off and hundreds of people were not killed in an explosion. So as I asked yesterday: Will this story be major or even be reported anywhere [...]
Nowhere in the news – Plot to blow up the Federal Reserve in New York at Catallaxy Files
19 Oct 12 at 9:56 am
Tgs
Debt and interest are paid out of higher national income. You seem to think that lower national income is preferable.
Government running a cash deficit with the private sector when the economy is running around 10% below its previous trend is most certainly not wealth destroying.
sdfc
19 Oct 12 at 6:25 pm