Tuesday, February 10, 2009

Things that would have been good to know then.

Is there a reason we didn’t hear this back on September 15, 2008? I’m sure there is…if you and I knew we would have done the same thing and really collapsed the system. Why do you think there was a run on the Fed? What do the people pulling that money out know that you and I have not been privileged to know?

February 6, 2009 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 on money markets of the United States.” Did you hear anything about the Federal Reserve being shut down? Now this is news.

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