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Home Front Economy
Right-before-the-election-of-president-hussein-an-electronic-run-on-the-bank
2009-02-11
Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawals - US Economy Would Have Collapsed
Posted by:USMC6743

#3  Pamela's a loon.

Did the Congressman miss a zero or two?

If you take 550B$ out of the money markets in an hour, where, exactly, does it go? Maybe they bought stocks.

Kanjorski (D-PA, Capital Markets Subcommittee Chair) claims that 5.5 trillion dollars would have been withdrawn within four hours. Where in hell would 5.5T$ go that fast? FDIC insured bank accounts? Foreign accounts? Does anyone here have a clue? Is he credible? Or is this guy just part of the 'talk the economy down' show?

Of course Soros is behind it. What is 'it'?
Posted by: KBK   2009-02-11 21:20  

#2  Yup, F Dan.

And he's going to want his payoff from Bambi sooner rather than later.
Posted by: Barbara Skolaut   2009-02-11 16:18  

#1  I wonder if we will find George Soros behind this.
Posted by: Formerly Dan   2009-02-11 15:24  

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