Loose Change starts off by examining the first three events from above. Without providing any evidence, the documentary claims that they were all false flag operations, and that the respective governments were behind them. They then use that same logic (government hates us all) to argue that 9/11 must have been an inside job as well. Though they later try to prove this contention, it is an assumption that the movie makes from the very get-go. Yep, without any evidence, Loose Change argues that the federal government killed thousands of its citizens.
After presenting the precedent, Loose Change proceeds to give us various accounts and facts that are supposed to lead to their end conclusion. We learn that the Twin Towers were built to withstand a plane's impact (but weakened iron from burning jet fuel is never discussed), that Flight 93 just disappeared into a crater (they ignore evidence from the crash presented in US courts) , and that there were no remains from the plane that hit the Pentagon.
The movie then moves on to discuss the various theories for how the Twin Towers were taken down, using explosions and thermite, of course. It also talks about how there was an explosion in WTC Building 7, which also fell down that day. Using an interview from one man, who claimed to have heard explosions in the midst of all the chaos, Loose Change attempts to paint a picture of lies and deceit, all of which, they claim, are managed by the government.
Even if you have seen any of the previous versions of Loose Change, the new variation contains stuff you haven't seen. Not only are there new parts added, but the movie has removed most of the debunked areas. Gone are the sections about faked phone calls and missiles, and added are more interviews and scary music. I must give credit where credit is due — Dylan Avery, the guy who made the movie, did a very good job at keeping the newest release clean of debunked materials. Well, until this stuff is debunked too.