Who benefited from the London bombings as terrorism from respected citizens?
Financial speculators: In the ten days before July 7th, unusual short selling of the British pound caused a mysterious 6% drop in the value of the pound. (Watson, Jones, 2005) Two days before July 7th, U. S. Federal Reserve chairman Alan Greenspan released $40 billion in additional liquidity to the financial markets that would serve to protect undue fluctuation of currency. Despite this, fortunes were made after the pound dropped even further after the explosions. The American “War on Terror” agenda that Naomi Klein describes as “endless war for endless profit” by demonizing those against Israel, specifically, Muslims and Arabs.. Tony Blair’s national “anti-terror” legislative agenda went from being very unpopular to gaining immediate support and finally passed. The British public paid dearly for their belief that loyal citizens might mysteriously become “extremist” and turn on their neighbors, with their resulting loss of civil liberties. The July 7 terrorism and associated official f