Finally, on 27 January, 2009, a tidbit of
information leaked out as to why it was decided that Congress
needed to create, and pass, "a bailout" to the tune of $700
billion last year, that result being called "TARP".
Rep. Paul Kanjorski, D-Penn, 11th District stated
on C-SPAN, "On Thursday Sept 15, 2008 at roughly 11 AM The
Federal Reserve noticed a tremendous draw down of money market
accounts in the USA to the tune of $550 Billion dollars a matter
of an hour or two. Money was being removed electronically."
"The Treasury tried to help, opened their window
and pumped in $150 Billion but quickly realized they could not
stem the tide. We were having an electronic run on the banks. So
they decided to close down the accounts."
"Had they not closed down the accounts they
estimated that by 2 PM that afternoon. Within 3 hours. $5.5
Trillion would have been withdrawn and the entire economy of the
United States would have collapsed, and 24 hours the world
economy would have collapsed."
You may view that entire video on C-SPAN. But the following is the excerpt where he
divulges this information.
He also says, "We would have had to spend 3 to 4
Trillion dollars to buy up all the toxic assets. But we didn't
have that much we only had 700 Billion." He briefly discusses the
method Great Britain used, which actually made much more sense.
Invest in the banks making them more solvent and let them work
their way through mortgage meltdown brought on by government
meddling with the "Community Re-Investment Act", Fannie Mae and
Freddie Mac. A far cheaper solution, but one that didn't address
the "drawdown" any more than "TARP" did.
"Without a banking system you don't have an
economy." DUH, ya think?
"We are no better off now than we were three
months ago." WARNING: ROCKET SCIENTIST NOT PRESENT IN THIS
INTERVIEW!!! Everyone, including Obama, has finally figured that
one out. Conservatives knew it was going to be like this even
before "TARP" was passed!
"Someone threw us in the middle of the Atlantic
ocean without a life raft. We are trying to determine which is
the closest shore and whether there is any chance in the world to
swim that far. We don't ." Then find someone who does know! And
don't tell us little Timmy Geithner has the answer, he can't even
do his taxes without making a mistake, and he isn't smart enough
to use a CPA!
Kanjorski further states, as I'm certain you
heard, "It would have been the end of our economic and political
system." Which begs to question: Why weren't we given the truth
three months ago? Who was behind all this "drawdown" that would
have effectively destroyed not only our economy, but the world's
economy en masse?? Someone in Washington knows, as I'm quite sure
they immediately investigated it. Why aren't we being told who it
was? Why is it being kept secret? Where is our MSM on this?
I've tried to find out through my own sources in
Washington, New York and London, but even they can't get an
answer. So I am left to speculate on my own. Using the typical
investigative format of means, opportunity, and motive, I started
analyzing the situation. First consideration, China. But what
would they have to gain from a complete collapse of the world's
economies? They are now becoming a very wealthy semi-capitalist
country, and liking it, making even more off of us because we are
borrowing back the money we spend with them. Eliminate as
candidate due to lack of motive.
Next up, OPEC. Naw, Dubai and Kuwait would have
sounded a signal, and most of the countries in OPEC like all that
American money, not to mention all of the other coin coming their
way from other buyers. No real motive.
Venezuela? Hmmmm. Nope, not enough means to pull
it off. Same with Russia, but wouldn't they both like to try!
Okay, the last two possible real candidates for such an attempt.
The proponents of a "NWO" (Yes, they exist, and in growing
numbers, power, and strength.), and Sharia based Islamo-fascists.
Many are coming to believe they are actually one in the same, and
it just didn't take much of a twist to for me to figure out that
there are opposing entities both wanting to be the head of a
"NWO". And thus, the battle is joined, with the world's economy
in its crosshairs.
Looking at the composition of the old school
proponents of the "NWO", their wealth, power, and goals, I have
to question if they really have motive. What good would it do
them to destroy the world's economy? Do they want to control,
under one government and one economy, what would essentially be
an anthill? Granted, that anthill would have tremendous
resources, but to what end would it serve with no economy to
control? To establish a new economy would take decades, all their
wealth would disappear along with everyone else's, and their
power would be useless without wealth. The sheer reduction of the
world's population would be counter-productive to their means, as
only the countries now living in absolute poverty would be the
ones to survive it well. The population of the U.S., along with
other wealthy or industrial nations, would change drastically,
simply because so many in those countries have no idea how to
survive without money and the comforts they take for granted.
Lack of any true motive thus eliminates them.
So we are left with just one group with the means,
opportunity, and motive. Most of the Muslim countries around the
globe are already poverty stricken, so they would be little
affected. The leaders of the Islamo-fascists (The Usama bin
Laden's, Hezbollah and Hamas supporters, and all the other
factions of terrorism), thanks to making money off of the
purchase of foreign oil by the industrialized nations, have
tremendous wealth. Much of that wealth is in U.S. banks, as well
as the banks of Great Britain, France, Switzerland, etc., etc. It
would be very easy for them to make a run on all of those banks
in a very short period of time. That establishes means and
opportunity.
But what would be their goal, and motive?
Conservatives already know this, as we are not blinded by the
statements that "Islam is a religion of peace". Many of us have
perused the Qur'an, read the Hamas Foundational Covenant, and dozens of other
references to the opposite end of peace. At least peace as we
know it. The goal of these extremists is nothing less than
complete domination of the world, the conversion of everyone to
Islam, or the death and destruction of those who oppose them.
They care not for wealth, except when they can use it to meet
their goals. They certainly care little for human life, so the
death of great numbers of populations in the "evil West" is of no
consequence to them. It actually reduces the numbers of those who
would most oppose them. All of this in the name of a
self-proclaimed prophet, and all the motive they need to attempt
it.
Do I support the way "TARP" was done"? No, too many mistakes were
made in dealing with the situation. Do I believe the "Porkulus
bill" will do any good? No, it still doesn't address, let alone
recognize, the real problem. Will this be the end of it? HAH! If
you believe that, then you'll believe I'm a pregnant nun! I
certainly understand the need to do something positive, something
to stop the war being waged on our economy, and that of the rest
of the world. But why not tell the American public the truth? Why
not simply seize all assets of those who made that ruin on our
banks? If they can't get to it, they can't do any damage with it.
Idiotic statements by Geithner with bogus or no plans aren't
going to save us. Colin Powell and Joe Biden, along with others,
gave us the clue to this "manufactured crisis", and now Jankorski
leaks more of it.
Deputy Secretary of the Treasury Robert Kimmitt
announced on his recent visit to Saudi Arabia and other oil-rich
Persian Gulf states: "The U.S. government is currently studying
the salient features of Islamic banking to ascertain how far it
could be useful in fighting the ongoing world economic crisis."
("Islamic banking" is a euphemism for a practice better known as
"Shariah-Compliant Finance" (SFC). The Treasury Department hosted
back in November of last year a half-day course entitled "Islamic
Finance 101" at its headquarters building. Treasury's
self-described "seminar for the policy community" is co-sponsored
with the leading academic promoters of Shariah and SCF in the
United States: Harvard University Law School's Project on Islamic
Finance.
And so it appears we are being attacked from
within as well, and that the banking system favored by our
enemies is being considered as a replacement for our now failing
one. All the more reason to fight against the ever mounting
spending by Congress intended to build nothing more than bigger
government and the complete remaking of America into not just a
socialist country, but a Shariah compliant one. The rest will be
easy for the Islamo-fascists once we are no longer a
Constitutional Republic. But all these moves and maneuvers, all
these twists and turns, all the goals of the Islamo-fascists and
liberal socialists are overlooking some very, very important
things. Christians, Conservatives, Patriots, free-thinkers,
Constitutionalists, Libertarians, Evangelicals, and most of our
Military will stand and fight to the death to prevent it. And
that, in my estimation, is the primary reason they aren't letting
us know the truth about what happened, and what continues to
happen. I will state again:
WAKE UP, AMERICA! WE'RE BEING SOLD DOWN THE
RIVER!!!
As a side note to further explain and support this theory, I
should have mentioned that the aforementioned bank run occurred on 9-11-08.
Coincidence? I think not! I might also add that at the time of this crisis,
President Obama remained on the campaign trail, while McCain rushed back to
Washington. Further, Obama stated, "If they need me, they'll call me." Which now
raises the questions: Why was this kept from the American people just before one
of the most important elections in our history? Why didn't Obama treat
this as a serious event? Why did he and other Democrats accuse McCain of
"grandstanding"? Why did Harry Reid accuse McCain of being there to create a
problem? Why, if that financial crisis was so unimportant to Obama back in
September of last year, is this financial crisis so important now? If keeping
our entire economy, and that of the world, afloat last year didn't warrant the
suspension of a Presidential campaign until several days later, why is this
stimulus bill so important that we now need to spend nearly a trillion dollars
to "get our economy moving" (Washington and liberal speak for we want to spend
more and do less)?
Are you starting to wake up now, America!?!?
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