Rep. Kanjorski: $550 Billion Disappeared in "Electronic Run On the Banks" ( Sept 15,2008)

LiveLeak ^ | Feb 7 2009 ( I believe) | Rep Paul Kanjorski Capital Markets Sub committee Chair

[Ernest_at_the_Beach]

At 2 minutes, 20 seconds into this C-Span video clip, Rep. Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a "tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars." According to Kanjorski, this electronic transfer occured over the period of an hour or two.

Here is a transcript of what Kanjorski says in the video:

"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.

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 withdrawled and collapsed and within 24 hours the world economy."

Kanjorski does not provide further details.

A Google search to verify this produces zero results.

[Quix]

Wellllllll, the Oligarchy is largely made up of the 30 families who control 90+% of the banks in the whole world. .. . plus whomever else.

I’m sure they can hide lots of things quite well.

[Quix]

I tried to include all the date/time stamps.

You can go to the links and find out.

[brityank]

Here’s a good critique of the lying Kanjorski and the total lack of any supporting evidence to his invalid claims: http://maggiesnotebook.blogspot.com/2009/02/paul-kanjorski-suckered-c-span.html

[dennisw]

bttt

[unspun]

Ernie Beach, all, have a gander at this:

Fraud ‘Directly Related’ to Financial Crisis Probed
FBI Agents Could be Reassigned from National Security Due to Booming Caseload
By JASON RYAN
Feb. 11, 2009
http://abcnews.go.com/TheLaw/Economy/story?id=6855179&page=1

[listenhillary]

Thanks - Good analysis it seems. Interesting news on the new head of the SEC that I had not seen anywhere.

[chapin2500]

Please Quix, stop pinging me.

[Quix]

sURE.

chapin2500;

MarySecretary will take you off her copy of the END TIMES LIST.

sORRY FOR ANNOYANCE . . .

Let me find what lists you’re on.

Found you on the END TIMES LIST.

Took you off my copy and off Joya’s copy.

Let me see if you are on any of the UFO lists.

You don’t seem to be on any of the UFO lists.

Cheers.

[navygal]

Thanks for the ping. We already have (appears) the one world court,next one world government.

[Quix]

YUP.

Corsi and Alex Jones on C2C tonight.

They really are talking about FACTS. No theory involved.

[GOPJ]

I don’t think even George Soros could do this...

[navygal]

Could it be possible that we the people are showing the nut jobs in DC that we really do not trust them? People are taking their money because they cannot trust government officials.

[Quix]

I’m not smart enough in this field to know.

But it seems to me that folks were buying dollars . . . maybe that would fit . . . I don’t know.

Of course, they would be right . . . officials and traitorous leaders hell-bent on destroying the nation are NOT to be trusted a shred’s worth.

[potlatch]

A late thanks to you Ernest.

[chapin2500]

Thank-you

[Quix]

CERTAINLY.

Sorry for the annoyance.

[a real Sheila]

I knew DAMNED WELL when this sudden CRISIS was going on that there was something happening that the American public was not being told and that it was being manipulated to Obama’s favor!
Friends and I discussed this in depth. We all agreed that something wierd was going on. I suspect that the leaders of countries who wanted to see Obama as our next president had a LOT to do with this as well as GS.

[Marysecretary]

I took chapin2500 off my list and backup.

[Quix]

thanks thanks.

[Nanny7]

I knew DAMNED WELL when this sudden CRISIS was going on that there was something happening that the American public was not being told and that it was being manipulated to Obama’s favor! Friends and I discussed this in depth. We all agreed that something wierd was going on. I suspect that the leaders of countries who wanted to see Obama as our next president had a LOT to do with this as well as GS.
With little expertise in these things, American citizens should be concerned that if there are manipulators, they control our financial institutions and the destiny of our country. Are there no men of integrity running the store at the SEC? I have been aware enough to know that the downturn in the economy tipped the election in O's favor. Even I saw that.