Comments on: CSPAN Rep Paul Kanjorski Reviews the Bailout Situation

By: 2pandora4

2pandora4 — Fri, 19 Mar 2010 11:18:22 +0000

“we are not geniuses in economics or finance” HUH? representatives of the american people. (and we control it all!)

By: philipschlegel

philipschlegel — Fri, 19 Mar 2010 10:42:17 +0000

Please note: Kanjorski had the briefing with Bernanke and Paulson “about September 15th”. The event itself, the landslide electronic cash draw, happened on “Thursday, at about eleven o´clock in the morning”- meaning the preceding Thursday no doubt.
Thus the date and time when those 550 billion $ were being electronically drawn out was Thursday, Sept. 11th 2008, at 11.00 o´clock in the morning.
This is the 7th anniversary of the Terror attacks, to the minute.

By: Oopaack

Oopaack — Fri, 19 Mar 2010 10:01:22 +0000

And the meaning of such a monetary draw on that date would be what exactly? You connect these dates, but leave to the imagination any potential connection between them.

A bit of detail on that front would be appreciated. I’m willing to chalk it up to coincidence.

By: laurierevill

laurierevill — Fri, 19 Mar 2010 09:31:10 +0000

my husband and i have always said that happened on 9/11/08 but Rush Limbaugh started the lie that it was 9/18/08. that’s when i dropped my subscription to Limbaugh and realized he is working for the new world order. i began listening to alex jones and dr. bill deagle then. best thing i ever did!

By: 666sigma

666sigma — Fri, 19 Mar 2010 08:36:11 +0000

It seems unlikely that it was during the 9/11 week. The big drops were Mondays: 9/15, 9/22 & 9/29 until 10/2.

Either way, the collapse on Wall Street was due to their gambling. i don’t believe that the US government would not know who was responsible for $550 billion electronic “run on the bank.”

If it was Soros then he was able to get his ACORN puppet in. You know. The one with the gift (for blab).

By: siesta000000

siesta000000 — Fri, 19 Mar 2010 08:27:40 +0000

I was one of the people who contributed to the run on the money markets. There are no conspiracy theories. When the Reserve Fund “broke the buck,” I shifted all my money market investments into savings and checking accounts at banks. I did not want to be caught with worthless paper in the commercial markets.

I’m far from being a part of a conspiracy. Don’t believe everything you hear from conspiracy theories.

A run on the money markets was completely natural due to the circumstance.

By: MarkMillionaireGuru

MarkMillionaireGuru — Fri, 19 Mar 2010 08:14:29 +0000

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By: Antisemit

Antisemit — Fri, 19 Mar 2010 07:52:31 +0000

Remember his words. The ponzi-scheme of fractional banking almost collapsed and it was rescued – this time.
But the fundamentals have not changed in any way. That means, it wil collapse one day. Use the time, to prepare yourself and your family and your children for that situation: don’t trust in paper currencies anymore. Bring your savings into safe havens.
And if you want to invest, invest in segments, that will survive and even profit from the collapse of the criminal ponzi-scheme…

By: thomasucc

thomasucc — Fri, 19 Mar 2010 07:35:51 +0000

Can the Irish Cental Bank have their money back?

By: puppetjaw

puppetjaw — Fri, 19 Mar 2010 06:50:04 +0000

at 4:25 he says the banks would have had to pay 3 or 4 trillion dollars for these bad assets and taxpayers would have to pay for it…hmm so buying bank equities to keep them from going bankrupt means there’s still 3 or 4 trillion dollars of bad assets out there (and counting)…doesn’t it?

Eventually the weight of this debt will bankrupt the system

By: puppetjaw

puppetjaw — Fri, 19 Mar 2010 05:57:54 +0000

@666sigma
It collapsed on the 11th – Kanjorski said it was “on Thursday at 11 o’clock in the morning” when the run on money market accounts occurred.

Who was drawing down the money markets in such huge volumes?

By: mrzog2000

mrzog2000 — Fri, 19 Mar 2010 05:53:03 +0000

The Bottom Line.

Bankers, who caused the problem, came to politicians, who helped them, for rescue via taxpayer money. They used the threat of the collapse of our economic system (based on fiat money) and our political system (corrupt to the core and beholden to special interest groups) to get free reign to “Save Us All) by having us pay for the continuation of the system that caused all this in the first place.

By: pelespoland

pelespoland — Fri, 19 Mar 2010 05:44:07 +0000

His talking nonsens that Blenkfein and the rest made him believe and shit his pants,

“The world would end in 24 hours”,haha what an idiot

And it’s funny when he’s talking about that 3 or 4 trillion and saying that they only had 700 billion, what happened was the FED eventually bought all those toxic assets for probably more than 3 or 4 trillion with printed money and then….. GS had the most profitable year in history of the firm

By: kenporich2006

kenporich2006 — Fri, 19 Mar 2010 04:54:39 +0000

We are living in the time of the old Chinese curse…”May you live in interesting times.”

By: jonathans8

jonathans8 — Fri, 19 Mar 2010 04:46:24 +0000

“it would have been the end of our political system and economic system as we know it.”

what, socialism? gee. shucks.