"A $550 Billion Electronic Run on the Banks"

Atlas Shrugs ^ | 02/11/2009 | Free America

[Free America52]

Also make you wonder where all this new bailout money is going. Maybe that’s why the rats want all the earmarks, most of which have no way of being tracked or monitored.

I seriously think the BEST thing at this point is do nothing, let the economy crash along with the economies of every other country. Wipe out all the wealth for everybody and every country. We can rebuild in a few years.

Note to Moonman - just because you have been here longer does not have any bearing on what you and i believe, or whether you are a troll. Go F’ yourself.

[Daveinyork]

Can anyone say George Soros? It appears that he got Chucky Shumer to cause a run on Indymac Bank, which, according to the Wall Street Journal, Soros is involved in buying, probably for a song.

[SMARTY]

This turns my stomach. I suspected something exactly like this from the very beginning.

What makes the whole thing so much more galling is that any other national crisis one tenth as dramatic, critical and public as this would have had the MSM (’watchdogs’ for the people) all over it in an instant! Did that happen? H%$$ no! These whores chased every other red herring in the world rather than dig for the facts.

Of course, the MSM couldn't see past their noses and only focused on how this could help them get their guy into the WH. They are worse than whores and the new ‘Mr. “I Hate America” President’ is one truly dangerous fraud they have foisted on us. I spit on them and this shallow, Mr. Nobody-from-Nowhere punk I am supposed to call my ‘President’

[Conservativegreatgrandma]

Listen, Einstein, the RATS controlled congress. You sound like those Obama voters that were interviews after the election. When asked if Republicans or Democrats controlled congress, they answered "Republicans".

They let morons vote.

[sharkhawk]

This was the day the Reserve Fund (among others but they were the only one to stop payments “broke the buck”). Lehman Brothers bankruptcy meant these huge Money Market funds did not have enough good paper on hand to pay their clients. The other funds covered the losses, but it was dicey for awhile.

[Canedawg]

Interesting thread from last March.

I knew of the FEMA camps but hadnt heard of the REX 84 plans.

[palmer]

I agree with your post paragraph 2. However posting etiquette here is that you notify Moonman about your paragraph 3 by putting his name in the “to” list.

[Conservativegreatgrandma]

Is it possible for the authorities to trace the run back to the source?

But RATS control the whole ball of wax.

My question is that if that 550 billion was withdrawn in Sept., where is it? Is it going to have to reappear at some point?

[wolfcreek]

No, its sear ignorance of our own history.

See post #37

[mad_as_he$$]

This is no conspicary theory. The withdrawls happened. If there was a conspiracy alls the conspirators had to do was trigger an event that would cause a small panic that would evolve into programmed trading and the computers do the rest. It is relatively easy and done with stocks all the time. This is the first time I can find where it happened in the money markets - at least on this scale.

[AngryJawa]

Assuming this thing happened as they say, how is this not considered an act of war (or at least terrorism) against the people of the United States? Do not people who commit acts of war against the US normally get what they have coming to them?

If this was indeed intentional, the perpetrators succeded well beyond what OBL did on 9/11.

[Arrowhead1952]

Here is the link for another FR thread posted today.

http://www.freerepublic.com/focus/f-news/2183027/posts

[paulycy]

It is relatively easy and done with stocks all the time. This is the first time I can find where it happened in the money markets - at least on this scale.

Since I don't know anything about these mechanisms I'll take your word for it and relax (a tiny bit) ;0)

[r-q-tek86]

ping

[Big Guy and Rusty 99]

Incompetence is not planned, it is caused by lack of a plan.

[mad_as_he$$]

In the old days it would of been considered an act of war. Today it is a cover up.

[mad_as_he$$]

Jim Cramer has written about it in his books and you can actually see it daily if you watch the markets.

[wildandcrazyrussian]

And no one knows that the Democrats ALSO controlled Congress from 1930 to 1932, leading the way for FDR by not cooperating with Hoover.

[youturn]

Glenn Beck is in total meltdown about this.

[Moonman62]

W’s biggest problem is that he didn’t care about economics or maintaining or improving the standard of living for the average American.