12
Feb

Glen Beck Feb.11 2009 ONE | Septmber, 2009 Financial Meltdown

http://www.HowToSaveTheUnitedStates.com

Congressman Paul Kanjorski’s C-Span Interview About Financial Meltdown in Sept., 2008 Rep. Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a “tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars.” According to Kanjorski, this electronic transfer occurred over the period of an hour and threatened a further $5 trillion to be drawn out triggering a total collapse of the Financial System, which prompted Hank Paulson’s emergency $700 billion TARP bailout action.

Duration : 0:8:13


Bookmark and Share

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

© 2012 Hey, Mister, Can You Spare A Dime?

Designed by News -- Made free by Webverzeichnis and Webkatalog