Posted on 02/14/2009 12:18:20 PM PST by RushingWater
On Thursday [the 18th], at about 11 o’clock in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States to a tune of $550 billion being drawn out in a matter of an hour or two.
The Treasury opened up its window to help. They pumped $105 billion into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks.
(Excerpt) Read more at dailyreckoning.com ...
Can anyone say George Soros?
Hey, guess what? We are still going to collapse.
bingo.
George Soros’ net worth is estimated around nine billion dollars. Even he doesn’t have the bread to manipulate money markets to the tune of half a trillion dollars.
Is the FEC so completely incompetant that this cannot traced? Aren’t there supposed to be records of all transactions?
Oh, I forgot. The inmates control the asylum, and institutional incompetance is usually rewarded with promotion.
With regard to the repeated references to Soros’ likely involvement with much of this, I just don’t understand one thing. People sleep with the fishes for far less than this, and given the incredible losses being taken by many powerful individuals, I can’t understand why some of these people continue to ‘dodge the bullet’......so to speak.
I had heard about this and people pointed to the usual suspects — Soros, etc.
If not him, then who? with that kind of cash coming out, it’d have to be a foreign nation. some opec countries and/or china maybe?
I don’t necessarily understand what actually transpired, but it certainly does not sound good.
I might add that the amounts of money involved can only point to a sovereign nation like China, Russia, or a middle-east oil kingdom.
“George Soros’ net worth is estimated around nine billion dollars. Even he doesn’t have the bread to manipulate money markets to the tune of half a trillion dollars.”
Had to be some sort of consortium.
The main question is, who wanted to get The Messiah elected so desperately that they would do something like this?
Bump for later
Let's see.....he can move big money around quickly.
He has destroyed or damaged other countries' monetary systems.
He hates the United States.
That gives him the ability, the motive and a history of doing such a thing.....hmmmm....
"I want the part of ME played by Mike Myers in the forthcoming docu-musical "Fiddler in the Fed'"
Perhaps all of the above together?
Have any of the news outlets been talking about this, or conservative talk radio? This seems like big news to me.
Michael Savage mentioned this last week. Apparently some politician was being interviewed on TV and just sort of blurted it out but without naming names, and so now the cat is out of the bag.
A proper hack wouldn’t require the withdrawal of a single dollar. It would make it look like the draw down was taking place. The belief that it was happening was all it took to set the gears in motion.
Somebody said it was happening, and if we didn’t react right now, there’s that old trick again, it would be too late. All someone had to do was make the ruse big enough and the rest would take care of itself.
I am not suggesting it was a fake run, but you have to consider the possibility. Especially since it would be such a tremendous undertaking to use the real thing to start the panic.
Because of the shear magnitude of the drain, it must have been a Nation not an individual who triggered it.
Sovereign capital, not individual.
Not even a multi-national corp. could have done this.
Black Swan?? lol. Let’s go back to another time... and talk about what precipitated California’s energy “crisis”. It’s dejavu all over agin.
How do you ‘draw down’ money?
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