Unraveling the Threads

As was the case after 9/11, we've been inundated by a barrage of theories attempting to explain who was responsible for the Mumbai attacks. The most logical account I've read so far is by Jeremy R. Hammond who is the editor of Foreign Policy Journal.

The Mumbai Attacks: More Than Meets The Eye

The analysis above indicates that the evidence points to the Pakistani-based terrorist group Lashkar-e-Taiba (LeT) [the official angle], BUT there's a lot more complexity involved. The tangled web includes Lashkar-e-Taiba (LeT), Jaish-e-Mohammed (JeM), Dawood Ibrahim (drug runner extraordinaire and accused in the 1993 bombings in Mumbai), ISI, RAW, CIA, MI6 and others.

Many possibilities are being put forward. I recommend you put in full effort to read these and make your own judgment instead of coming to superficial, knee-jerk conclusions. In fact, don't even believe anything I say.
As far as the media is concerned, stories are certainly pumped into it at an alarming pace until something sticks. Fact, Conjecture, Fact, Fact, Conjecture, Fact, Conjecture, Fact, Conjecture ...ad nauseum. See excellent piece by Biju Mathew on Conjecture and Fact and how the State shapes the official story (as much Fact as it is Conjecture) for it's own benefit. He emphasizes the need for transparency and accountability.

Some of the most intriguing theories are included below:

Who Benefits From Mumbai Terror Attacks?The Meaning of Mumbai (focusing on the South Asia 'war on terror' angle)
India's 9/11. Who was Behind the Mumbai Attacks? (CIA-ISI nexus)
Mossad-CIA Connection To Mumbai Terror Attacks? (Zionist angle included)
Mumbai Terror Attack: Further Evidence Of The Anglo-American-Mossad-RSS Nexus (more extreme Zionist angle focusing on the attacks on Chabad Lubavitch, the ultra-orthodox Jewish group, also emphasizes the Divide-and-Rule angle)

Given that the Indian Security apparatus has bungled so badly, false flag theories are popping up everywhere, not unlike 9/11.

Whoever planned and executed the attacks, the important question is why they did it. Too many parties, too many conflicting objectives. It seems as if governments, intelligence agencies, corporations and extremist organizations are all partcipating in this complex web at multiple levels, each with their own set of objectives, with some overlap across the different groups. IMHO, the consequences are highly unpredictable and extremely dangerous.

Possible objectives of the perpetrators include:

1. Destabilize the Indo-Pak peace process and bilateral relations, thereby increasing the possibility of war
2. Strengthen Indo-US-Israel (Zionist angle here) relations. I believe this will be the costliest mistake in human history (also known as 'deadly embrace')
3. Allow fundamentalists elements to secure power in the next elections in India.
4. Promote social strife in India and Pakistan (or South Asia in general) to keep them from progressing and building better relations. This appears to be an obvious continuation of the Divide-and-Rule policies implemented so successfully (and resulting in utterly tragic consequences for many innocents) by the British empire and continued in recent history by the American empire.
5. Take focus away from fundamentalist Hindu elements in India (note the accused in the Malegaon blasts)
6. Expand the so-called "War on Terror" to South Asia.
7. Prevent the world from being a safer place.
8. Further radicalize Muslims which will further justify the "War on Terror" (yes, I know, twisted logic)
9. Further strengthen the Military Industrial Complex's stranglehold over humanity.
10. A crazed quest for power resulting unintentionally in termination of the human species (OK, worst case, but within the realms of possibility)

Who is likely to benefit the MOST from these objectives ? They are likely to be the masterminds. Who is the leading proponent of the "War on Terror" ? Whoever is trying to further these objectives has inexplicably led us to possibly one of the most dangerous moments in human history. Everything is at stake.