Posted on 10/04/2009 3:34:33 PM PDT by combat_boots
"Today, I was listening to the Glenn Beck program and heard about Rep. Paul Kanjorski’s comments on the financial crisis that took place on September 15th, 2008. According to Mr. Kanjorski:
“On Thursday [September 15] , at roughly 11 AM The Federal Reserve noticed a tremendous draw down of money market accounts in the USA to the tune of $550 Billion dollars in a matter of an hour or two. Money was being removed electronically.
The treasury tried to help with $150 Billion, but could not stem the tide.
It was an electronic run on the banks
The treasury intervened but had they not closed down the accounts they estimated that by 2 PM that afternoon. Within 3 hours. $5.5 Trillion would have been withdrawn and collapsed and within 24 hours the world economy.”
I think that there are not that many people or countries on earth that could pull that much money, that quickly. Furthermore, the fact that nobody is telling who pulled so much money from US accounts suggests that they are still holding a hammer over our heads.
Some very credible people have suggested that George Soros may have been responsible (just like the crash he instigated in Britain). While I would not put it past George Soros to do such a thing, I do not believe that even he has the potential of donating $5.5 trillion out of the economy. My theory is that it was China."
(Excerpt) Read more at tundrapolitics.com ...
Related articles:
"9/11/2008 CATASTROPHIC FINANCIAL TERRORIST ATTACK CAUSED ECONOMIC MELTDOWN" http://atlasshrugs2000.typepad.com/atlas_shrugs/2009/02/9112008-catastrophic-financial-terrorist-attack-caused-economic-meltdown.html
"Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawls - US Economy Would Have Collapsed" 2/12/2009 http://www.campaignforliberty.com/blog.php?view=10784
Sunday, February 8, 2009 "Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawls - US Economy Would Have Collapsed"
http://www.capitalismgonewild.com/2009/02/electronic-run-on-banks-550-billion.html
"Closed Door Session of Congress on March 13, 2008, predicted the present economic crisis"
Closed Door Session of Congress, March 13, 2008: As I travel around the country in the gold business via my telephone, talking to hundreds of people from all walks of life, and also doing a variety of radio interviews in different parts of the country, I many times stumble across information that is both eye-opening and down right shocking. This piece of information about the Closed Door Session of Congress, the House of Representatives, falls into the latter category."
http://www.goldandsilverexchange.info/closed-door-session-of-congress.html
Secret "closed door" meeting with Congress (3/14/08) Liveleak.com ^ | March 14th, 2008 | Liveleak http://www.freerepublic.com/focus/f-chat/1994684/posts
Who did this?
Bookmarked
same here
I’ve been wondering the same thing for quite some time myself.
FINALLY! These questions were asked a while back and most people yawned - this election was a set up by the puppet masters who are still pulling the strings and we are NOT FREE as long as we remain in the dark - move the rocks to see what’s underneath!!!!!!
You and I may question who did this but the people who stopped it know. If the money was electronically transferred it should be all that hard to find out where it went. Of course they know. Why are they frightened to tell us?
The video of Kanjorski telling of this is still up HERE:
http://www.liveleak.com/view?i=ca2_1234032281
Individuals and firms who feared their financial institutions would collapse, started pulling their money. It was a panic, not a conspiracy.
“Who did this?”
Oh, I am sure the major media, you know, NY Times, LA Times, Atlanta Journal, NBC/ABC/CBS/NPR News, etc. have been investigating this very serious incident which collapsed the economies of the whole world (and destroyed most of my savings and yours too).
You know the maxim: Follow the money.
Look for earthshaking investigative journalistic reports from these professionals any day now ...
... NOT!
Payback for the tires tariff. What a cmplete dumbass this Post Turtle is. I guess he never heard the saying of don’t bite the hand that feeds you.
Whoever it was, they sure did accomplish what they wanted to accomplish.
re: but I don’t think he’s that rich
Actually who ever did it didn’t have to be that rich.
The $5 trillion was an estimate of what would happen if it went on and on. It didn’t. Whoever did it knew if they could make it look bad enough they wouldn’t have to withdraw all that much, just make it look like all hell was breaking loose. And the powers that be took the bait.
Whoever it was they were out to affect the election and they certainly did that.
Like others, I wonder why the details have not come out by now.
Kanjorski and the Money Market Funds: The Facts
With the Kanjorski Meme still spreading (see Ben Smith, Andrew Leonard, Moldbug, and more), I think I'm finally able to squash it with some hard figures: there never was a $500 billion outflow from any asset class in the space of a couple of hours or even weeks, and the Fed never shut down or froze any money-market accounts.
This is not the first time that Kanjorski has made these allegations. But first, it's worth going through the timeline...
More at the link.
I always kind of kept in mind the TARP funds were meant to hedge this attack and the stimulus was meant to make sure it didn’t overtake us. It must be the enemy’s we commonly know. Washington and the media don’t touch it.
Not that hard to figure out...it was the international pool’s monetary vote...they didn’t like who they saw winning. Welcome to the New World order where no one country gets to pick their own President.
“Of course they know. Why are they frightened to tell us?”
what Kanjorski said:
“On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve noticed a tremendous draw down of money market accounts in the USA to the tune of $550 Billion dollars in a matter of an hour or two.”
well, since it was the Fed (read BERNANKE) who “noticed”, it is entirely possible that it might have never happened.......the “audit” and documents of the Fed issue might well be about discovering or covering up the truth about this, whatever it is......or is NOT
Hard to believe no one knows. Only a handful have the power to make the move. Doubt it was China because their economy goes in sync with ours. I keep think of George Bush comments when he said “why did this happen on my watch”. That would be a good starting point.
Everybody on one day in four hours individually crashed the money market. That’s precious.
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