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Kanjorski and the 550bil
Live Leak?
| 3-2-2009
| Sequoyah101
Posted on 03/02/2009 9:46:12 PM PST by Sequoyah101
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
Posted on Monday, February 16, 2009 8:42:56 PM by 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.
TOPICS: Business/Economy; Government
KEYWORDS: collapse; economy; kanjorski
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Did this just disappear or did I miss the follow-up fireworks or am I just an old Poop that thinks this would have been investigated further?
To: rabscuttle385
This was posted recently but not with this much info.
Question everyone wants answered is WHERE the money went?
2
posted on
03/02/2009 9:49:34 PM PST
by
stockpirate
(A people unwilling to use violent force to preserve liberty deserve the tyrants that rule them. SP-0)
To: Sequoyah101
This is what caused McCain to suspend his campaign and return to DC. If you remember, 0bama said he would continue campaigning and ‘they can call me if they need me’. With this new info, it sounds like 0bama knew what was going on. I suspect if you get to the bottom of who caused the run, you will get to the bottom of who was manipulating the citizens into putting 0bama in office. If Big Media had done their jobs and informed the citizens of 0bama’s background and his agenda, he would have never gotten near the Oval Office.
To: Sequoyah101; Ernest_at_the_Beach
Pinging the one you wrote about! Posted on Monday, February 16, 2009 8:42:56 PM by Ernest_at_the_Beach
4
posted on
03/02/2009 10:05:18 PM PST
by
Just A Nobody
(Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA)
To: Sequoyah101
Manufactured crisis for the October suprise in an attempt for Obama to win the election - it worked
5
posted on
03/02/2009 10:05:58 PM PST
by
bzybee
To: Sequoyah101
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.
I still think this is mis-heard and the quote is not quite right.
9/15 was a Monday, not Thursday. Kanjorski was TOLD on 9/15 that the run occurred the previous Thursday...which was 9/11. I do not, any more, believe in coincidences.
6
posted on
03/02/2009 10:06:23 PM PST
by
stylin19a
(Obama - the ethical exception asterisk administration)
To: stylin19a
Well maybe some of Obamas terrorist muslim friends
7
posted on
03/02/2009 10:08:15 PM PST
by
bzybee
To: originalbuckeye
With this new info, it sounds like 0bama knew what was going on. I suspect if you get to the bottom of who caused the run, you will get to the bottom of who was manipulating the citizens into putting 0bama in office. Interesting...I never looked at the idea of 0 knowing what was going on.
The who is George Soros and maybe a little help from his friends.
8
posted on
03/02/2009 10:09:00 PM PST
by
Just A Nobody
(Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA)
To: Just A Nobody
I have thought this since Kanjorski spilled the news. I’m not a conspiracy theorist but I don't see how the majority of the populace could have actually voted for this empty suit. I suspect that 0bama is the puppet and Soros is the puppeteer.
To: stylin19a
was TOLD on 9/15 that the run occurred the previous Thursday...which was 9/11 I've heard 9/18, but if it was indeed 9/11, that would explain the thought that it was an economic terrorist attack. And no, I do not remember where I read that last part.
10
posted on
03/02/2009 10:12:52 PM PST
by
Just A Nobody
(Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA)
To: Just A Nobody
11
posted on
03/02/2009 10:15:54 PM PST
by
stylin19a
(Obama - the ethical exception asterisk administration)
To: originalbuckeye
I suspect that 0bama is the puppet and Soros is the puppeteer. Completely agree! I don't think it has much to do with conspiracy theories. Recall the 28 million he spent to defeat President Bush in 2004? He was NOT going to lose this time.
12
posted on
03/02/2009 10:17:53 PM PST
by
Just A Nobody
(Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA)
To: Just A Nobody
Nope...I didn't mis-hear
start at about 2:10 in the video.
he says on 9/15 we was told that on thursday the run happened. thursday was 9/11.
13
posted on
03/02/2009 10:20:28 PM PST
by
stylin19a
(Obama - the ethical exception asterisk administration)
To: Just A Nobody; SunkenCiv
Those dates were confusing ...I think there was a bit of discussion on the thread....might have been other threads....
To: Sequoyah101
This just could not happen unless a contrived effort. I believe and said from the start that this was the October surprise the RATS leaked out. I believe King Obama knew something was up that would get him elected. He might not have known the particulars but he damn well knew. Combine this with all the voter fraud and the constant help the MSM and the Hollywierd types, King Obama was a shoe in.
15
posted on
03/02/2009 10:21:35 PM PST
by
Logical me
(Oh, well!!!)
To: Sequoyah101; Just A Nobody
To: stylin19a
I really wish FREP was organized like a traditional chat board but I don’t run it and am grateful it is here.
That said, the question is not about opinions on this but does anybody know if anything “official” action has been taken on it, any news or, perish the thought, investigative reporting.
I saw one piece on Politico on 2-12 that was like...mis-spoke, not a real issue, nothing to see here...move on.
Like a big whitewash.
I truly do believe this is fabricated, almost this whole mess from the middle of 2007 when the media couldn’t stop talking about recession. I said then that if we are not in a recession they are going to talk us into one. They were all reading from the same script. Someday, maybe if things go on long enough, somebody may discover just what happened and just who did it and that it was all carefully crafted to destroy the United States.
I think the Communists are killing us from their graves. I think this plan that is being executed started over 50 years ago.
17
posted on
03/02/2009 10:24:54 PM PST
by
Sequoyah101
(Get the bats and light the hay)
To: Sequoyah101; Just A Nobody; FromLori
To: stockpirate
AND MORE SO WHO DID IT!!!!!!!!!!!
19
posted on
03/02/2009 10:27:37 PM PST
by
tina07
(In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 -Happy B'day Daddy 2/20/23)
To: originalbuckeye
soros. And the Red Chinese.
Not too many people have the kind of money soros has. and since he is a well known socialist who is to say he didn’t have connections with the commie chicoms?
that amount of money isn’t a few individuals pulling out.
It is billionares and nations.
could have also been OPEC oil money invested. There just aren’t that many entities with that kind of money easily converted to cash.
20
posted on
03/02/2009 10:33:02 PM PST
by
o_zarkman44
(Obama is the ultimate LIE!)
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