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Apr17
$550 Billion Dollar Bank Run – Collapse Of The Entire World Economy In 24 hours
Filed under: Banking; Tagged as: 2009, and, Austrian, bailout, Celente, Cities, Collapses, crash, Crime, crisis, Desperate, economics, economy, Faber, financial, forecast, George4Title, Gerald, in, Jim, Mall, Marc, market, mortage, people, peter, predictions, proof, retail, revolts, revolutions, Rise, Rogers, schiff, stock, Store, Tax, Tent, trends, us25 Commentswww.btang.net Man when I first heard this from Boomer1949 (You are awesome by the way….) I was like what the #$@&???? But he said it…… At 11 AM there was an electronic bank run of 0 BB and that within 24 hours .5 Trillion……that would have collapsed the entire world economy….. According to Rep Paul Kanjorski (2:21 Minutes) 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 0 Billion dollars in a matter of an hour or two. Money was being removed electronically. The treasury tried to help with 0 Billion. But could not stem the tie. It was an electronic run on the banks The treasury intervened but had they not closed down the accounts they estimated that by 2 PM that afternoon. Within 3 hours. .5 Trillion would have been withdrawled and collapsed and within 24 hours the world economy. Original video cspan.org
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25 Responses to “$550 Billion Dollar Bank Run – Collapse Of The Entire World Economy In 24 hours”
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stonerj0e April 17th, 2010 at 6:12 pm
want to know something about the bailout ? IT DIDN’T WORK !
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Uwiluz60 April 17th, 2010 at 6:12 pm
@kysmik ..Thanks, I read a story linking George Soro’s to the $550 billion run last night…And its scary..I just can’t understand why the Media won’t run with this story…It is so sinister and corrupt…They want to run down Obama for his spending, when Bush spent like a drunken sailor…Want to bring him down…Just point out a link between Obama and Soro’s and not caring about destroying our economy for power. To me that is a hanging offense if proven !
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kysmik April 17th, 2010 at 6:12 pm
@Uwiluz60 If you want some REALLY INTERESTING READING google THE SECRET FINANCIAL NETWORK BEHIND “WIZARD” GEORGE SOROS by William Engdahl. But, its so scary and depressing, you probably wont be thanking me for that one. But, you are welcome about the Goon Squads article.
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Uwiluz60 April 17th, 2010 at 6:12 pm
@kysmik …Thank you , I will do that…I have read some info. on it in the Canadian press, but not much here…Anymore you really can’t believe every story you read, the media always what’s to put their spin to it….One story believe’s a very sinister plan to gain power and for their man to win…That is hard to believe, and seems to hard to cover up…But I would like to see more about it…THANKS
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kysmik April 17th, 2010 at 6:12 pm
@Uwiluz60 If you google The Goon Squad’s article, ” who’s behind the theft of $550 from American banks” you will see some interesting stuff. The blog is pretty interesting too. Decide for yourself.
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faanunu April 17th, 2010 at 6:12 pm
Now we are waiting for a much bigger fall…collapse… depression….
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Uwiluz60 April 17th, 2010 at 6:12 pm
Who was behind this ? And why ?
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iceman8067 April 17th, 2010 at 6:12 pm
This is the end of the American Empire.
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easye2233 April 17th, 2010 at 6:12 pm
This is all about saving capitalism. The economic downturn has created a lot of bad assets – i.e. bad loans so the banks are in trouble, If they don’t save the banks, it basically means all those that have deposits in banks, be it small deposits, money market accounts (company accounts), pension funds, mutual funds or whatever, all these would be wiped out – thats why so many rushed to get their money out. Its not just about a few bankers receiving bonuses, its a much bigger game.
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easye2233 April 17th, 2010 at 6:12 pm
This is all about saving capitalism. The economic downturn has created a lot of bad assets – i.e. bad loans so the banks are in trouble, If they don’t save the banks, it basically means all those that have deposits in banks, be it small deposits, money market accounts (company accounts), pension funds, mutual funds or whatever, all these would be wiped out – thats why so many rushed to get their money out. Its not just about a few bankers receiving bonuses, its a much bigger game.
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easye2233 April 17th, 2010 at 6:12 pm
This is all about saving capitalism. The economic downturn has created a lot of bad assets – i.e. bad loans so the banks are in trouble, If they don’t save the banks, it basically means all those that have deposits in banks, be it small deposits, money market accounts (company accounts), pension funds, mutual funds or whatever, all these would be wiped out – thats why so many rushed to get their money out. Its not just about a few bankers receiving bonuses, its a much bigger game.
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dink65 April 17th, 2010 at 6:12 pm
Because it was THEM! Lets have a look at all the personal finances (brokerage statements, etc.) of all the people in Congress and the House.
THESE PEOPLE WERE SHORT THE MARKET WHILE IT COLLAPSED! They made absurd sums of money on the decline and then got even richer in the rebound as they reversed and went long at the bottom. THIS IS A FACT!
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good night america how are you
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babybluesnowden April 17th, 2010 at 6:12 pm
3:30 “that woulda been the end of our economic and political system” AND that is exactly what we need, now were in even worse shape. The Goldman Sachs/AIG bailout scam really tipped the scales of the American public. We have had enough. The Federal Reserve posted an all time record profit in 2009, 49 billion. isnt that wonderful, Ben did such an incredible job burying the citizens in debt and inflating the dollar into a position of total and inevitable collapse. Wucking Funderful.
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jclemens1970 April 17th, 2010 at 6:12 pm
Exactly,, your point is perfect
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feenixrose April 17th, 2010 at 6:12 pm
no what he said was correct b/c and if you overstand commerce and bankrupt corparations in the admirlty all judges get paid by the port authorities out of trust 62 in peurto rico . now the UNITED STATES HAS BEEN EXPORTED ALONG WITH CANADA AND MEXICO WAS TROWN FROM THE PORTS BACK OUT TO SEA CLICK ON MY NAME CHECK THE CHIEF
OF THE At-Sik:Hata Nation :Nanya-Shaabu:EL’S VIDEOS THAT I HAVE POSTED! THE WHITE HOUSE AND THE VATICAN HAVE BEEN EXPORTED ON TO ATLAN TURTLE ISLAND LAND -
stoneeh April 17th, 2010 at 6:12 pm
die, kanjorski. people like that make me sick. he is making millions of lifes worse, just to keep his job and be able to let off more hot air and feel important
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HarvardBoxer April 17th, 2010 at 6:12 pm
She should join the union and demand a i higher salary!
Her boss probably earns at least 10 times more then she does.
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EMPIRE0FLIES April 17th, 2010 at 6:12 pm
You idiot Kanjorski. We had plenty of small banks who would have prospered if you let those corrupt giants fail. Now 100 small banks are failing a minth. While corrupt big banks are stealing our money! IDIOT
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forestsoft April 17th, 2010 at 6:12 pm
boycott the banks, lets help reset this country…money concentrates power, there will always be a division of rich and poor and it never go away as long as we have this form of Monterey system place, enough said
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Jacobrester April 17th, 2010 at 6:12 pm
That woman was dead on……government spending will never stimulate the economy……reduce taxes is the best way.
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grambo47 April 17th, 2010 at 6:12 pm
Kanjorski talks about the run starting on a Thursday and then being updated on the 15th. The Thursday before 9-15-08 was 9-11-08. Coincidence? And I ask…why are they covering up the actual date this run started? And this was a digital run…it should have been completely traceable back to the originators…why have we not heard who did this?
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BBCTV122 April 17th, 2010 at 6:12 pm
I wish the World Economy would go broke and reset the tide going on out here!
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forestloves April 17th, 2010 at 6:12 pm
They already do, but sure, in the future, they will do it more so
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hotemil April 17th, 2010 at 6:12 pm
…WE DONT KNOW…
