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your electronic boat has a hole in it  

lustmirror 70M
1808 posts
2/23/2009 9:04 am

Last Read:
2/25/2009 3:23 am

your electronic boat has a hole in it


An interesting tidbit to chew on...
but bear in mind
that in Feb. of 2008
Bank of America wrote up what now is known
as T.A.R.P.
All 800 billion of it...

so which came first?
the chicken or the egg?

I personally suspect
that history will never tell this tale
in its entirety...
The change will be that drastic.

..............

Saturday, February 14, 2009
Rep. Kanjorski Drops Bomb... US Financial System Was Attacked On September 11th

Woah!...
Catastrophic Financial Attack On 9-11 Caused Economic Meltdown!
Rep. Paul Kanjorski (D-PA) told CSPAN: "It would have been the end of our economic and political system."

The catastrophic attack occurred on September 11, 2008?
Why is this news just now getting out?
Capitalism Gone Wild reported:

Rep. Paul Kanjorski of Pennsylvania explains what former Treasury Secretary Paulson and Fed Chairman Bernanke told congress during the September 2008<b> closed door </font></b>session. During the first third of the video an enraged caller is ranting to Rep. Kanjorski about how wasteful the first $700 billion bailout was. The best part is 2 minutes and 15 seconds into the tape where Rep. Kanjorski reveals what Paulson and Bernanke told congress that shocked them into supporting the first $700 billion bailout.

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, 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 closed 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 $5.5 Trillion would have been withdrawn and the entire economy of the United States would have collapsed, and within 24 hours the world economy would have collapsed.

lustmirror 70M
2896 posts
2/23/2009 9:06 am

in 2008...Sept. 15 was a Monday.
the Thursday previous?
was 9.11.08


the_stray_cat 68F
4638 posts
2/23/2009 12:46 pm

9/11, the day of the attacks, was my 25th wedding anniversary. If it happens on September 11, I don't pay attention. Lock myself in my house, won't answer the phone or door, stay sedated all day. It was a major trauma, my country attacked, and my then-husband making it clear I didn't really matter any more, and neither did out marriage. Gave him the class ring he wanted so badly for that anniversary. Cost a small fortune. Got nothing from him, not even suckup gifts.

AS to our economy collapsing, if the banks, corporations, and congress don't wake up soon, it'll happen anyway. Everyone is going to lose. Only they can soften the landing.

Peace and love is where it's at.


lustmirror 70M
2896 posts
2/23/2009 3:59 pm

stray
I have a day like that...
Jan. 13
and especially if it is a Friday


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