House Capital Markets, Insurance, and Government Sponsored Enterprises subcommittee Chairman Rep. Paul E. Kanjorski, D-Pa., speaks during the House Committee on Financial Services Committee hearing on Capitol Hill in Washington, Monday, Jan. 5, 2009. (AP Photo/Haraz N. Ghanbari)From Townhall:
I want you to read something. It's a snatch of transcript from a Jan. 27 C-SPAN interview with Rep. Paul Kanjorski, D-Pa., that has received zero coverage in what we think of as the mainstream media.
To set the C-SPAN scene, Kanjorski is harkening back to the middle of last September, when, as it happens, John McCain was enjoying his brief lead in the presidential polls and the economy as we knew it was imploding. Here's what Kanjorski said:
"I was there when the Secretary (of the Treasury Hank Paulson) and the Chairman of the Federal Reserve (Ben Bernanke) came those days and talked to members of Congress about what was going on. It was about Sept. 15. Here's the facts, we don't even talk about these things.
"On Thursday at about 11 o'clock in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States to the tune of $550 billion, as being drawn out in the matter of an hour or two.
Read more ....
My Comment: Maybe the reason why the government is not looking into this more seriously is the simplest one .... they already know who it is.
To find out who maneuvered this electronic money run .... first find out who has a few hundred billion in U.S. funds to play with on such a level. The answer is simple .... (1) the Japanesee, (2) The Chinese, (3) Russia (maybe), and (4) the Arabs.
Find out from their records who is a few hundred billion dollars short(in U.S. funds)since September, 2008.