White House Doesn't Rule Out Sabotage In Thursday's Wild Market Fluctuation -- The Hill
President Barack Obama has not ruled out sabotage in the near-panic on Wall Street Thursday afternoon.
White House press secretary Robert Gibbs said Obama's economic team was jolted by the news and met with Obama shortly after the market plunged.
The president announced Friday morning that a full review is being conducted, and Gibbs said Obama is waiting to hear the results of a review before ruling out what might have caused it, including the possibility of sabotage.
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Update: Plunge in US equities remains a mystery -- Financial Times
My Comment: It is easy to look for a boogie man as a cause of this mess .... but the truth is simpler. Trillion dollar deficits. Uncontrollable spending. Social Security and medicare obligations that are simply not sustainable. Sovereign debt holdings increasing. Lack of political leadership to confront these crisis.
Yup .... the real cause is in front of our noses.