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To: NVDave
In a way it makes sense to not allow a panic. But like the other poster said, what if they hold your money back until it is worthless? What will happen is what we have seen during TARP, those in power will make out like bandits. They will be protected. Taxpayers will pay big time in more ways than one.

You do not feel there was a conspiracy last year on the electronic draw down? I feel Soros created the run on banks through his multiple alliances so obama would get ahead in the polls due to the horrible economy they would mention over and over that Bush created. I have no proof other than Soros market manipulations of the past.

“Do you have an Ivy League degree? Yes?

In this video if you missed it, A CEO questions Romer why Obama has no business people in his admin. He said he had never seen that before. Watch her answer about being a teacher of economics. Then in the end, shared prosperity under her breath.

http://bit.ly/6hpPsC

Thank you for your information too.

85 posted on 01/03/2010 7:21:53 PM PST by OafOfOffice (Constitution is not neutral.It was designed to take the government off the backs of people-Douglas)
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To: OafOfOffice

The amount of money that was flying around the debt markets in Sep/Oct 2008 dwarfed any single bank’s or fund’s size.

To take down the money market funds in the US, we’re talking of moving hundreds of billions of dollars in a few hours. The Fed went into full panic when they saw in excess of $550 billion move out of money market funds in two hours.

Soros is rich, but he isn’t that rich, and he can’t affect that much money in such a coordinated fashion. The money flows can be easily explained in the height of a panic among “professional” money managers who saw all of their assumptions about how markets worked being broken in quick succession.


92 posted on 01/03/2010 7:41:25 PM PST by NVDave
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