Preparing For The 2020 Presidential Election With The Facts – Democrats Wall Street Proxy

IWB ^ | Ruby Henley

[davikkm]

Representative Paul Kanjorski (D-PA) appeared on C-Span on January 27, 2009. He had something to say about the financial crisis of 2008. According to Kanjorski, on September 18, 2008, $550 billion dollars disappeared from America’s money market accounts. Astonishing to say the least this occurred within one to two hours.

KANJORSKI: On Thursday at about 11 o’clock in the morning the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States, to the tune of $550 billion was being drawn out in a matter of an hour or two. The Treasury opened up its window to help. It pumped $105 billion in the system and quickly realized that they could not stem the tide; we were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there.

[2ndDivisionVet]

“...the first time in history, steel was melted by fire. It is physically impossible.” ~Rosie O’Donnell

[Fhios]

Well written considering its length. Its compeling and I was engrossed in it.

CLINTON: “all of the back room discussions and the deals, you know, then people get a little nervous, to say the least. So, you need both a public and a private position.”

Is just a quote I want to point out. I could take a day and post multiple well sized Sunday posts, but this one is choice because it's probably the attitude of all seasoned-politicians at any level. I'm surprised that she was kind enough to just call us people rather then what they really think of is. The Drones, the Drudges.

The article should have focused more the subprime mortgage derivatives and the fast and loose approval of Mortgages which started during the Clinton Administration. It was a ponzi scheme and it died a natural death of a ponzi scheme.

Perhaps Dinesh D’Souza could take a few years and run us through the intricacies and corruption that lead us to the 2008 meltdown.

[Vendome]

What is so irritatiing is that no one from the “Too Big to Fail” Banks was ever prosecuted and in fact received bonuses.

On the other hand, they found a bank that was “Too small, not to jail”.

19 of the officers of this fine company spent 5 years defending themselves against the Manhattan District Attorney’s office.

They were prosecuted by one of most dispicable and dishonest men to ever hold the power of prosecution Cyrus Vance Jr.

That’s right, Cyrus Vance junior who is the progeny of one Cyrus Vance, former Secretary of State under Jimmy Carter.

Vance Jr maintains to this date he had the goods on these people and they merely have a difference of opinion.

If he were so convinced of his evidence how come not one of the people charged was found guilty of anything?

You’d think he could have gotten one of them....

[2ndDivisionVet]

I worked at Ameriquest for six months. You have no idea. My manager looked upon the movie “Boiler Room” as a training video.

[originalbuckeye]

I remember. I figured it was a set-up for Obama. McCain panicked and suspended his campaign, then flew to DC. Obama said (oh so cool for his supporters) ‘they can call me if they need me’. I wondered if he had gotten Soros to withdraw a boatload of money. At that point, McCain was ahead. We all know what transpired after that.

[arthurus]

I remember reading about the money drain this article starts with way back then, I think on FR.

[spintreebob]

With many big stories, many facts are omitted. They are omitted because every story teller starts with an agenda.. to blame one party or the other, or to make it interesting so the story can hit the best seller list and become a movie.

I have personal experience that the JFK hit in Dallas story is never fully covered. Where are the stories about the dogs who did not bark?

I have personal experience that the Vietnam War story is never fully covered. Why? The truth is embarrassing to all sides, and is contrary the the agenda of all sides.