In February of 09 Rep Paul Kanjorski of Penn. went on C-Span and told the world of an event that flew so far under the radar but should have been front page for months. Pay very close attention at the 2:12 mark.
In about the 2:12 min mark Mr. Kanjorski says;
The Treasury tried to help, opened their window and pumped in $150 Billion but quickly realized they could not stem the tide. We were having an electronic run on the banks. So they decided to close down the accounts.
Had they not closed down the accounts they estimated that by 2 PM that afternoon. Within 3 hours. $5.5 Trillion would have been withdrawn and the entire economy of the United States would have collapsed, and within 24 hours the world economy would have collapsed.
Even bigger then the point Mr. Kanjorski made with this are these three things:
2) This was the cause of the Lehman Brothers collapse less then one week later on the first real business day after the attack, Mon Sept 15th. This is why the collapse happened so all of a sudden with no warning at all; they instantly had no money anymore.
3) Remember the meeting with the President that McCain suspended his campaign for that Obama didn’t want to suspend his campaign for then turned around and said yes to. This run on the banks was what that was about. Obama thought that McCain was making a political move, only to learn that this was a very real issue that he did indeed need to be there for. The true purpose of this meeting was to go over the “Bush Bailout”. That 550 billion that had been removed had to be returned. No matter what the bill was called or how is was presented to the public, the bills whole purpose was to shore up the system so more banks like Lehman’s would not drop like domino’s.
I am not for bailouts but in this case, I think saving America from a cyber bank attack is a little different then bailing out business’s like GM who made poor business choices. Which is also why I think the Bush Bailout had such strong support on both sides of the isle and got though both houses so quickly. Remember it was a closed door meeting Bernanke and Paulson had with Congress.
This last part is my opinion and I have no facts for. Everyone knows that Sept 11 is a powerful date for Muslim terrorists and was so long before Sept 11, 2001. Since then they tried to use that date for multiple attacks and propaganda. I feel that they have taken that 700 million “Mr. Pickens” talks about us sending them every year on oil, and used it to invest in our money markets over decades. They were waiting for a day when we were the most vulnerable. Then all in one day they tried to pull it all out knowing we would not be able to survive.
The truth is powerful. I sent letters to Rush and Laura Ingraham, but not much came of it. Lets show them what the “Power of The People” really is. Get this info out and lets make our Government tell us what we already know, The Truth!
Note: For Those That want an update of the “Tarp Money” one year latter.
As Always Thanks for being involved, Many Blessings, Shane
“Standing Strong” & “Closing Ranks”
and still in the “Hunt For Red November