Posted on 02/13/2009 5:45:51 AM PST by rightwingintelligentsia
I want you to read something. It's a snatch of transcript from a Jan. 27 C-SPAN interview with Rep. Paul Kanjorski, D-Pa., that has received zero coverage in what we think of as the mainstream media.
To set the C-SPAN scene, Kanjorski is harkening back to the middle of last September, when, as it happens, John McCain was enjoying his brief lead in the presidential polls and the economy as we knew it was imploding. Here's what Kanjorski said:
"I was there when the Secretary (of the Treasury Hank Paulson) and the Chairman of the Federal Reserve (Ben Bernanke) came those days and talked to members of Congress about what was going on. It was about Sept. 15. Here's the facts, we don't even talk about these things.
"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, as being drawn out in the matter of an hour or two.
(Excerpt) Read more at townhall.com ...
Mil, you are right on. I am so PO’d that the stupid Pubies “WASTED” their turn in control, when so much could have been done to curb nonsense like Soros, Acorn, vote fraud and they mostly wanted to “get along” with their brothers across the aisle. As to W, 911 threw everything else out the window to a large degree.
That’s the rub... who knows who is telling the truth.
Is that Frederick Douglas?
Soros sn’t the only boob on the planet with Obama and friends in his pocket. There’s Maurice Strong, Nadhmi Auchi, the Alamoudi family, Stephen Bing, etc.
Thanks piasa.
Satellite Collision “Accident”, Sub Collision “Accident”:
Obama being “tested”?- Prelude to nuke war?
Posted on 02/16/2009 1:32:21 PM PST by springtime4hillary
http://www.freerepublic.com/focus/f-chat/2186986/posts
An Anniversary Attack IMO.
Velveeta, ping to #89.
Soros has a history of this :
On Black Wednesday (September 16, 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England’s reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.
Finally, the Bank of England was forced to withdraw the currency from the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed “the man who broke the Bank of England.”
The Times of Monday, October 26, 1992, quoted Soros as saying: “Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell.”
Mr Soros is still blamed for triggering the Asian crisis of 1997 which started a chain reaction that led to the Russian loan crisis, the near collapse of the hedge fund Long Term Capital Management and finally the Brazilian crisis in 1999. Mahathir Mohammed, the prime minister of Malaysia, famously called him a “moron”.
In his book, Mr Soros denies claims that he started the crisis as a “wholly unfounded”. He admits Soros Fund Management foresaw a crisis and “shorted” the Thai bhat and Malay ringgit - agreeing to sell stocks of the currencies it did not yet own.
Instead he blames the international financial system and argues that this is one of the reasons why it needs to be more tightly controlled. Given that belief it is understandable that he should be surprised to be subjected to a barrage of insults during a recent debate the opponents of with globalisation.
I remember hearing this and it struck me as especially odd an non-sequeter.
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