[Obamageddon]

I am pleased thst you are learning that the actual date of the meltdown that Congressman Kanjorski referred to in his CSPAN interview was September 18, 2008. It was not September 11, 2008 as the Atlas Shrugs article states.

She should pull or correct and rewrite that article.

P.S.: Glad you are learning about the Reserve Fund breaking the buck. Isn't Free Republic a great place to learn facts!

[philman_36]

I am pleased thst you are learning that the actual date of the meltdown that Congressman Kanjorski referred to in his CSPAN interview was September 18, 2008.
LOL...You're a riot.
That's just it, the actual date of the meltdown was September 16, 2008 (or even earlier as I'm fixing to show) as one of your links even states.
And since you like CNN as a source then use this one...
They've got the collapse happening even earlier!
The crisis: A timeline - Monday, Sept. 15 - The collapse
As traders sold off stocks on the weekend's dour news, rumors began to circulate that AIG was struggling to raise enough capital to fend off a downgrade.
The crisis: A timeline - Tuesday, Sept. 16 - The Fed steps in
The crisis: A timeline - Wednesday, Sept. 17 - Another free fall
Investors gave an enormous thumbs-down to the AIG news, sending stocks plummeting, while traders piled funds into safer havens. Gold rose $70, a new record. Oil rose $6, its second-largest jump ever. And the yield on the three-month Treasury sank to 0.02%, the lowest level since 1940.
That means the 16th was the really big sell off date.
By the time folks got to talking about it on the 18th it was a done deal.

[philman_36]

I am pleased thst you are learning that the actual date of the meltdown that Congressman Kanjorski referred to in his CSPAN interview was September 18, 2008.

If the meltdown was the 18th then the fix came before the problem!

Thursday, Sept. 18 - The bailout
Late Thursday night, Treasury Secretary Henry Paulson met with Congressional leaders to hammer out the details of a large-scale bailout.

[philman_36]

Isn't Free Republic a great place to learn facts!
Yeah, it sure is!

[philman_36]

Here's another one for ya, O!
Run ends on money market funds
The rapid exodus from money funds began after The Reserve Fund announced on September 16 that shares in its primary fund fell to 97 cents due to losses incurred when Lehman Brothers declared bankruptcy.

A new angle with Lehman Brothers, Robert.