Monday TSRN.com: New Manufactured Crisis Coming? James Simpson // Thr. Apuzzo & Kerschner, Obama nbC

www.tsrn.us, Investigating Obama ^ | 2/16/2009 | Hanen & Arlen

[unspun]

Monday 2/16, 8pm ET,,,5pm PT (or archived)

1. Was the "mortgage meltdown" economic terrorism? Was there a cover-up, until the recorded confession of Rep. Kanjorski?

2. Why did Biden, Powell, & Emanuel speak of another created crisis? Listen to exactly what they said.

3. Are these pretexts for a massive attack upon our sovereignty and freedom?

Listen in at: http://www.blogtalkradio.com/Sentinel_Radio
Or, dial (646) 727-2652 (then press 1, if you want to ask a queston)
And, if you'd like to chat in our room: http://tsrn.us/chat.html

Special guest: Sheriff Richard Mack, on our Citizens' rights vs. state treachery -- and what we can do to be prepared, if necessary. Richard Mack defeated the Brady Bill at the U. S. Supreme Court. He has written, From My Cold, Dead Fingers; Why America Needs Guns - The County Sheriff, America's Last Hope - The Proper Role of Law Enforcement - and has lectured about popular and state sovereignty. And at the Sentinel Roundtable:

• Phil of The Right Side of Life - with an eligibility cases update
• Jim Simpson of Truth & Consequences - former White House economist, author, "Barack Obama & the Strategy of Manufactured Crisis"
• Mr. Wells of Citizen Wells - on the WHY Initiative, citizens’ assault upon Congress
• Sam Sewell of The Steady Drip - he knows where you live

And you'll hear more from Hanen, of The Sentinel Radio Network, and The Commentary, if she can get a better connection, this week!

************************

Tuesday, same time and sites: Obama natural born Citizen challengers, Mario Apuzzo and client Charles Kerchner

[unspun]

Please join us!

[unspun]

I hope you would like to give it a listen. We have work to do.

[LucyT]

Thanks, unspun. Listen: Monday 2/16, 8pm ET,,,5pm PT (or archived)

1. Was the “mortgage meltdown” economic terrorism? Was there a cover-up, until the recorded confession of Rep. Kanjorski?

2. Why did Biden, Powell, & Emanuel speak of *another* created crisis? Listen to exactly what they said.

3. Are these pretexts for a massive attack upon our sovereignty and freedom?

[dascallie]

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 $105 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 from the US money market and would have collapsed the U.S. economy and within 24 hours the world economy.

It would have been the end of our political and economic system as we know it.

[LucyT]

Thanks, dascallie.

Hate to ping you to the same thread again, but please read Comment #4.

[Brad’s Gramma]

BTTT

[1COUNTER-MORTER-68]

It would have been the end of our political and economic system as we know it.
~~~
Roger Dat!...

[Enduring Freedom]

Thursday?

September 11 2008.

Spooky.

[tsomer]

Dascallie:

That’s chilling stuff.

Could you point me to the source?

Thanks,

Tom

[SunkenCiv]

Thanks LucyT.

[IrishPennant]

100% orchestrated...In order to fear monger, you need a crisis.

[Ernest_at_the_Beach]

Was this story carried by any of the United States Major Media outlets?

[Ernest_at_the_Beach]

Google found this...but not a major media outlet....that's for sure:

LiveLeak.com - Rep. Kanjorski: $550 Billion Disappeared in “Electronic Run On the Banks”

Why is this not being talked about by the Major outlets.....?

Well there is this at the NY Times:

:

A Race for Cash at A.I.G. as Ratings Are Downgraded

************************EXCERPT****************************

By MARY WILLIAMS WALSH and MICHAEL J. de la MERCED

Published: September 15, 2008

Major credit ratings agencies downgraded the American International Group late Monday, worsening its financial health, as Federal Reserve officials and two leading investment banks were in urgent talks to put together a $75 billion line of credit to stave off a crisis at the company.

The credit downgrades are likely to force the company to turn over billions of dollars in collateral to its derivatives trading partners.

Without the financing, which was being arranged by Goldman Sachs and JPMorgan Chase in talks with the Federal Reserve officials, A.I.G. might be forced to declare bankruptcy, according to two people briefed on the situation.

The talks, which began last week and continued through the weekend, added to the sense of agitation in the stock market on Monday, as investors grappled with the implications of the bankruptcy of Lehman Brothers, which, like A.I.G., was a large counterparty to derivatives contracts held by countless financial institutions.

Shares in A.I.G. tumbled more than 60 percent on Monday morning as concerns grew that the firm lacked capital to withstand cuts to its debt rating, which were borne out later in the day. The company’s potential write-offs are mounting and may reach $60 billion to $70 billion, according to two people briefed on the situation.

Most of A.I.G.’s businesses are healthy, but its troubles grew from one unit that dealt in complex debt securities and derivatives and now threatens to drain cash more quickly than the financing package can be assembled.

[PGalt]

BTTT

[Ernest_at_the_Beach]

And there is this:

September 15
From Wikipedia, the free encyclopedia

*******************EXCERPT***********************

2008 - Lehman Brothers file Chapter 11 bankruptcy, the largest bankruptcy filing in U.S. History.

[potlatch]

Thanks unspun, can’t listen but will read the comments.

[SunkenCiv]

Sleaze, spin and how the Obamas are already
turning into Tony and Cherie Blair
Daily Mail (UK) | 2/6/2008 | Mary Synon
Posted on 02/06/2009 6:54:41 AM PST by 1066AD
http://www.freerepublic.com/focus/f-news/2179655/posts

Defence chief attacks ‘weak’ Afghan leader
The Times | February 1, 2009 | Carey Schofield and Michael Smith
Posted on 02/01/2009 7:42:51 AM PST by Mercia
http://www.freerepublic.com/focus/f-news/2176202/posts

[Ernest_at_the_Beach]

And there is this:

Sunday, February 8, 2009
Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour,
Federal Reserve Halts Withdrawls -
US Economy Would Have Collapsed

********************************EXCERPT*******************************

Rep. Paul Kanjorski of Pennsylvania explains what former Treasury Secretary Paulson and Fed Chairman Bernanke told congress during the September 2008 closed door session. During the first third of the video an enraged caller is ranting to Rep. Kanjorski about how wasteful the first $700 billion bailout was. The best part is 2 minutes and 15 seconds into the tape where Rep. Kanjorski reveals what Paulson and Bernanke told congress that shocked them into supporting the first $700 billion bailout.

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, opened their window and pumped in $150 Billion but quickly realized they could not stem the tide. We were having an electronic run on the banks. So they decided to closed down the accounts.

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 the entire economy of the United States would have collapsed, and within 24 hours the world economy would have collapsed.



Kanjorski also explains why Paulson spent the bailout money differently than he originally proposed.

Some other gems from the recording:

It would have been the end of our economic and political system.

We would have had to spend 3 to 4 Trillion dollars to buy up all the toxic assets. But we didn't have that much we only had 700 Billion.

Without a banking system you don't have an economy.

We are no better off now than we were three months ago.

Someone threw us in the middle of the Atlantic ocean without a life raft. We are trying to determine which is the closest shore and whether there is any chance in the world to swim that far. We don't know.

Posted by CGW at 1:11 PM

****************************************

ON CSPAN>>>>>that can be considered a MAJOR Outlet!

Link to Livelink video clip of Kanjorski on C-Span's Washington Journal:

[Radix]

"...It was an electronic run on the banks...."

It is all Tom Clancy's fault. He should stop writing books that sell and stick to his books that don't sell.

[FromLori]

ORCHESTRATED CRISIS TO HASTEN FALL OF AMERICA

America waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis, and if left to their own devices will do so again.

Despite the mass media news blackout, a series of books, talk radio and the blogosphere have managed to expose Barack Obama’s connections to his radical mentors — Weather Underground bombers William Ayers and Bernardine Dohrn, Communist Party member Frank Marshall Davis and others.

David Horowitz and his Discover the Networks.org have also contributed a wealth of information and have noted Obama’s radical connections since the beginning.

Yet, no one to my knowledge has yet connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama’s life comprise a who’s who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.

But even this doesn’t fully describe the extreme nature of this candidate. He can be tied directly to a malevolent overarching strategy that has motivated many, if not all, of the most destructive radical leftist organizations in the United States since the 1960s.

The Cloward-Piven Strategy of Orchestrated Crisis

In an earlier post, I noted the liberal record of unmitigated legislative disasters, the latest of which is now being played out in the financial markets before our eyes.

Before the 1994 Republican takeover, Democrats had sixty years of virtually unbroken power in Congress - with substantial majorities most of the time.

Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?

Why?

One of two things must be true. Either the Democrats are unfathomable idiots, who ignorantly pursue ever more destructive policies despite decades of contrary evidence, or they understand the consequences of their actions and relentlessly carry on anyway because they somehow benefit.

I submit to you they understand the consequences.

For many it is simply a practical matter of eliciting votes from a targeted constituency at taxpayer expense; we lose a little, they gain a lot, and the politician keeps his job.

But for others, the goal is more malevolent - the failure is deliberate.

Don’t laugh. This method not only has its proponents, it has a name: the Cloward-Piven Strategy. It describes their agenda, tactics, and long-term strategy.

The Strategy was first elucidated in the May 2, 1966 issue of The Nation magazine by a pair of radical socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven.

David Horowitz summarizes it as:

The strategy of forcing political change through orchestrated crisis.

The “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.
Cloward and Piven were inspired by radical organizer [and Hillary Clinton mentor] Saul Alinsky:

READ FULL STORY

http://alanpetersworld.blogspot.com/2009/02/orchestrated-crisis-to-hasten-fall-of.html

FINANCIALLY DISARMED
WE HAVE BEEN FINANCIALLY DISARMED Trafalgar (for Atlas)

Much commentary on the trillion-plus “stimulus package” has noted its wastefulness and expansion of government power into every crevice of an individual citizen’s life. But no one has caught what should be blindingly obvious: We have unilaterally disarmed ourselves of the financial power to wage war. The cost of this bill surpasses the total outlay of the combined wars in Iraq and Afghanistan and will serve as the irrefutable excuse for Obama’s previously-expressed desire to de-weaponize our military. As the bill’s costs mount - in welfare payments, health expenses, union kickbacks and more - we will simply be unable to summon the financial strength to answer attacks on our country. Combine this with the soon-to-come ending of sanctions against Syria and Iran, and the nationalization of our banks which can then freely convert to sharia finance models, and the situation is clear: Less than a month into Obama’s presidency, the United States has already surrendered to radical Islam.

Posted by Pamela Geller on Sunday, February 15, 2009 at 02:47 PM in FINANCIAL CRISIS ‘08: DEMOCRAT POLICY COMES HOME TO ROOST | Permalink | Comments (2) | TrackBack (0)

http://atlasshrugs2000.typepad.com/atlas_shrugs/

http://www.freerepublic.com/focus/f-bloggers/2184661/posts