Who Was Behind the Attack on Our Economy – Just Before the Election?

A financial attack on the world economy happened on Monday, September 15, 2008 – but we're not supposed to talk about this. The mainstream media has been ignoring this issue, and the only attention it has been receiving is from talk radio and the blogosphere.

Pic was Posted on ADL

House Representative Paul Kanjorski (D-Pennsylvania) let slip in a January 27, 2009 interview on C-Span the following about a discussion in a meeting he attended with Secretary of the Treasury Hank Paulson and Federal Reserve Chairman Ben Bernanke:

"…at about 11 o'clock in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States to the tune of $550 billion, as being drawn out in the matter of an hour or two.

"The Treasury opened up its window to help. It pumped $105 billion into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there, and that's what actually happened."

If they had not done that, their estimation was that by 2 o'clock that afternoon, $5.5 trillion would have been drawn out of the money market system of the United States, would have collapsed the entire economy system of the United States and within 24 hours the world economy would have collapsed."

No further details were forthcoming. More