http://www.zerohedge.com/news/2013-05-2 ... and-played This post has references to the coming intergenerational conflict. in which the the US ecomony is compared to the Titanic.
HOWEVER --
This post may have more importance and "symbolism" then the author realizes. For there appears to be considerable evidence that the ship known as the "Titanic" was sunk on purpose for an insurance claim. And that the ship that was sunk was the sister ship the "Olympic" which was damaged and involved in a collision with the Royal Navy Warship the HMS Hawke on September 20, 1911.
Is a similar ruse going on with the US economy?
"Why They Sunk the Titanic"
http://www.youtube.com/watch?v=c6kefNLykPY a 50 minute video with underwater forage of the O "Olympic" on the "Titanic"
and
http://en.wikipedia.org/wiki/RMS_Titani ... e_theories
One of the most controversial[7][8] and complex theories was put forward by Robin Gardiner in his book, Titanic: The Ship That Never Sank?[9] In it, Gardiner draws on several events and coincidences that occurred in the months, days, and hours leading up to the sinking of the Titanic, and concludes that the ship that sank was in fact Titanic's sister ship Olympic, disguised as Titanic, as an insurance scam.
Olympic was the older sister of Titanic, built alongside the more famous vessel but launched in October 1910. Her exterior profile was nearly identical to Titanic, save for small detailing such as the promenade deck windows.
On 20 September 1911, the Olympic was involved in a collision with the Royal Navy Warship HMS Hawke in the Brambles Channel near Southampton. The two ships were close enough to each other that Olympic's motion drew the Hawke into her after starboard side, causing extensive damage to the liner - both above and below its waterline (HMS Hawke was fitted with a re-inforced 'ram' below the waterline, purposely designed to cause maximum damage to enemy ships). An Admiralty inquiry assigned blame to the Olympic, despite numerous eye-witness accounts to the contrary.
Gardiner's theory plays out in this historical context. As Olympic was found to blame in the collision (which, according to Gardiner, had damaged the central turbine's mountings and the keel), White Star's insurers Lloyds of London allegedly refused to pay out on the claim. White Star'sflagship would also be out of action during any repairs, and the Titanic's completion date would have to be delayed. All this would amount to a serious financial loss for the company. Gardiner proposes that, to make sure at least one vessel would be earning money, Olympic was then converted to become the Titanic. Gardiner states that few parts of either ship bore the name, other than the easily removed lifeboats, bell, compass binnacle, and name plates. The plan, Gardiner suggests, was to dispose of the Olympic in a way that would allow White Star to collect insurance money on the ship. He supposes that the seacocks were to be opened at sea to slowly flood the ship. If numerous ships were stationed nearby to take off the passengers, the shortage of lifeboats would not matter as the ship would sink slowly and the boats could make several trips to the rescuers.
Gardiner uses as evidence the length of Titanic's sea trials. Olympic's trials in 1910 took two days, including several high speed runs, but Titanic's trials reportedly only lasted for one day, with (Gardiner alleges) no working over half-speed. Gardiner says this was because the patched-up hull could not take any long periods of high speed.
Same as it ever was.