What You Weren’t Told on 9/11/2008

Courtesy of CSPAN on Feb 6, 2009 a congressman from Pennsylvania reveals new info about what really happened last Sept 11, 2008.

This info has been kept from you until now.

Timeframe:
9/11/2008 was four days AFTER the gov’t bailed out Fannie Mae and Freddie Mac AND five days BEFORE the collapse of Lehman Bros and AIG [See History of the Meltdown…].

What Happened:
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 occured over the period of an hour or two starting at 11:00am.

The Fed intervened, closing access to the markets. They explained if they HAD NOT stepped would have been a $5 trillion “bank run” by 2:00pm that day. Bernanke and Paulsen claimed this would have collapsed the US economy that same day, a new “financial” 9/11.