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.
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…].
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.