4 Ratings:

Rep. Kanjorski: $550 Billion Electronic Bank Run

  • Herbert
  • uploaded: Feb 10, 2009
  • Hits: 205

Description:

At 2 minutes, 20 seconds into this C-Span video clip, Rep. Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a "tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars." According to Kanjorski, this electronic transfer occured over the period of an hour or two.

Can anyone confirm this "electronic bank run" that Kanjorski speaks of? I think is is laying the case for TARP 2.

This #*$#! also mentioned the "end of politics as we know it". I would bet he is threatening us with Martial fuc#?*!= law.



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3 comments

  • Stancruse#

    Stancruse February 11, 2009 6:28:02 PM CET

    "We're no economic geniuses on Capitol Hill." You can say that again! A much more honest answer than Obama's false promises.

  • Stancruse#

    Stancruse February 11, 2009 6:26:59 PM CET

    "We're no economic geniuses on Capitol Hill." You can say that again! A much more honest answer than Obama's false promises.

  • Kemeticwarrior#

    Kemeticwarrior February 10, 2009 11:11:24 PM CET

    Bro,Big up's for posting this video..... At least somebody in congress is not afraid to tell what really is going on...



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