Kanjorski-CSPAN, Thank You!
Feb 20th, 2009 by The Outsider
The following is very disturbing if true and I have no doubt that it is. The MSM mentions next to nothing about this as expected but CSPAN did. I found this article on AIM.ORG.
“It was about Sept. 15, On Thursday at about 11 o’clock in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States to the tune of $550 billion, as being drawn out in the matter of an hour or two.”
“The Treasury opened up its window to help. It 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. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there, and that’s what actually happened.”
Kanjorksi continued:
“If they had not done that, their estimation was that by 2 o’clock that afternoon, $5.5 trillion would have been drawn out of the money market system of the United States, would have collapsed the entire economy system of the United States and within 24 hours the world economy would have collapsed.” Read the “Rest of the story”….
http://www.aim.org/guest-column/who-attacked-our-economy-why-does-no-one-care/