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To: philman_36
The date of the events that Congressman Kanjorski is referring to in his CSPAN interview is September 18, 2008. That is the day of the actual meltdown. That is the morning that 550 billion in Money Market Fund withdrawals had to be stemmed by the fed and the Treasury.

As to the cause of that meltdown, it may have stemmed from a crisis of confidence caused by The Reserve Fund breaking the buck in previous days.

But there is no correlation between the meltdown and the events of 9/11/2001, as the Atlas Shrugs article implies.

52 posted on 02/13/2009 2:01:20 AM PST by Obamageddon (Birth certificate and college transcripts will be required for Federal employment, Mr. Soetero)
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To: Obamageddon
But there is no correlation between the meltdown and the events of 9/11/2001, as the Atlas Shrugs article implies.
After further study on my part I will agree with you on that and concede that my earlier assumption was incorrect.
Do you admit that it happened on the 16th and not the 18th?
54 posted on 02/13/2009 2:16:15 AM PST by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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