The Financial Crisis Was Triggered By A Run On The Banks

By DemocracyRules

This seems important. This guy spills the beans about what happened:

On Sept 18 2008, at about 11:00 am EDT, a massive draw-down in money markets started from nowhere.  Because they were electronic funds transfers, they could be executed very quickly.  Within an hour or so, $550 billion had been withdrawn, and it was picking up speed.

The Fed stepped in cover to the draw-down, but the speed of the draw-down, and it's enormous volume, could not be stopped.  Instead, the Feds shut down the markets for the day.

So now the "Financial Crisis" is finally starting to make sense.  I think this also explains why things were kept secret until now.  Bush and company didn't wanted to trigger a wider panic, and start another run on the banks.

Atlas Shrugs suggests Soros sparked the run.  He has certainly made a lot of money in the past through currency speculation.  But I won't guess.  I have to dig some more.

If this video clip is unavailable or is taken down, let me know and I can restore it.  I have down-loaded  my own copy.

Pro Patria

Comments

[Claudia]

I alsso believe it was Soros and some of the Arabs in Dubai that were all in cahoots , along with the Rotchilds, the Bilderburgs, the Illuminati, The TriLat and the CFR, and possiobly Saudi Arabia, Syria and a few of the Oil moguls at that tie, along with Russia.

This is all just gut feeling, but I certainly think and feel that all those mentioned above (by me) had something to do with the whole scam, and it was to break America and make it Socialist/Marxist as in take away and disable our Consititution, Fed Reserve and Banking, Dollar trade continuity, and Laws through fear and cohersion, and it was totally engineered to have Obama elected. "They" want the New World Order and a currency that is compliant with Sharia Law and subservient to the UN.

[bdaman]

D'oh! Caterpillar CEO Contradicts President on Whether Stimulus Will Allow Him to Re-Hire Laid Off Workers

But after the president left the event, Owens said the exact opposite.

Asked if the stimulus package would be able to stop the 22,000 layoffs or not, Owens said, "I think realistically no. The truth is we're going to have more layoffs before we start hiring again"

"It is going to take some time before that stimulus bill" means re-hiring, he said.
http://blogs.abcnews.com/politicalpunch/

[BobC]

I don't think Soros has that kind of money -- I suspect the arabs.

Surely the banks know who withdrew the money -- when will that come out, I wonder?

[comsense08]

Hey folks, don't forget that Osama bin Laden was heavily into the stock market before his attack on New York. He had set up accounts to sell short when things hit the fan and stood to make billions except that his accounts were locked.

So, how do we know he wasn't in on this? He has the money, technology, knowledge and desire to do it.

I wouldn't put it past Soros, but it would be too easy to trace, in case someone really looked!!!
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{From DR -- Well, it's possible Osama was in on it. If you find any proof, I would love to hear it!

Pro Patria}