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However, that Sino-American interdependence left the U.S. vulnerable to a crisis in China. When it came, the Chinese stock-market crash sent a shock wave through the entire Asian economy. Some blamed the powerful new Middle Eastern Shari'a-law banks, which had terminated their zero-interest-rate facilities for Shanghai hedge funds. Others saw the sinister hand of the Russian-controlled OGEC (Organization of Gas Exporting Countries), which had stunned energy importers in Asia by trebling natural gas prices. Either way, the impact was disastrous. Output collapsed. Unemployment soared. The Chinese banking system, which had never been entirely...

Author: /time Magazine | Title: The Nation That Fell To Earth | 9/3/2006 | See Source »

...world from those who believe the first. In world No. 2, al-Qaeda is not responsible for the destruction of the World Trade Center. The U.S. government is. The Pentagon was not hit by a commercial jet; it was hit by a cruise missile. United Flight 93 did not crash after its occupants rushed the cockpit; it was deliberately taken down by a U.S. Air Force fighter. The entire catastrophe was planned and executed by federal officials in order to provide the U.S. with a pretext for going to war in the Middle East and, by extension, as a means...

Author: /time Magazine | Title: Why the 9/11 Conspiracy Theories Won't Go Away | 9/3/2006 | See Source »

...created by a pair of industrious twentysomethings using a laptop, pizza money and footage scavenged from the Internet--Loose Change is a compelling experience. Take the section about the attack on the Pentagon. As the film points out--and this is a tent-pole issue among 9/11 conspiracists--the crash site doesn't look right. There's not enough damage. The hole smashed in the Pentagon's outer wall was 75 ft. wide, but a Boeing 757 has a 124-ft. wingspan. Why wasn't the hole wider? Why does it look so neat...

Author: /time Magazine | Title: Why the 9/11 Conspiracy Theories Won't Go Away | 9/3/2006 | See Source »

Experts will tell you that the hole was punched by the plane's fuselage, not its wings, which sheared off on impact. But then what happened to the wings? And the tail and the engines? Images of the crash site show hardly any of the wreckage you would expect from a building that's been rammed by a commercial jet. The lawn, where the plane supposedly dragged a wing on approach, is practically pristine. The plane supposedly clipped five lampposts on its way in, but the lampposts in question show surprisingly little damage. And could Hani Hanjour, the man supposedly...

Author: /time Magazine | Title: Why the 9/11 Conspiracy Theories Won't Go Away | 9/3/2006 | See Source »

...sheeple.") "The goal of the movie was just really to get out there and show that there are alternate stories to what the mainstream media and the government will tell you," says Korey Rowe, 23, who produced the movie. "That 19 hijackers are going to completely bypass security and crash four commercial airliners in a span of two hours, with no interruption from the military forces, in the most guarded airspace in the United States and the world? That to me is a conspiracy theory...

Author: /time Magazine | Title: Why the 9/11 Conspiracy Theories Won't Go Away | 9/3/2006 | See Source »

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