What was the US Congress so Spooked about in Sep.'08? Revealed at Last.(Bank Holiday)

[Lenny]

It has now been revealed that The U.S. Government imposed a bank holiday (def.2) - totally in secret - on all large accounts in mid-September 2008. That was at the height of the panic.

It was kept quiet till some congressman let it slip in an unguarded moment a few days ago. At the time, this info was used as a bludgeon by old Shalom Bernanke to terrify Congress in their "secret meetings". (At the time the Press reported congresspeople coming out of those secret meetings looking like they'd seen a ghost; but no one knew what had been said to them). This secret information is what passed the "Bailout" scam.

What was Congress so Spooked about in September 2008? Revealed at Last

Everyone remembers that Henry 'Hank' Paulson and Ben Shalom Bernanke went into a closed session in Congress in mid-September of 2008 and scared the crap out of the assembled politicians. According to a (very rough) transcript of a semi-coherent Rep. Paul Kanjorski (D-PA) on C-Span, here is what Paulson and Bernanke said:

It was about September 15th [sic]. … On Thursday at about 11 o’clock in the morning the Federal Reserve noticed a tremendous drawdown of, uh, money market accounts in the United States to the tune of $550-billion was being drawn out in in a matter of an hour or two.

The Treasury opened up its window to help, and pumped in $105-billion into the system, and quickly realized it could not stem the tide. We were having an electronic run on the banks. They decided to close down the operation, to close down the money accounts. … If they had not done that, in their estimation, by 2 PM that afternoon $5.5-trillion would have been withdrawn and would have collapsed the U.S. economy and within 24 hours the world economy would have collapsed.

We talked at that time about what would have happened. It would have been the end of our economic and our political system as we know it.

http://paul.kedrosky.com/archives/20...ss_spooke.html
[YOUTUBE]_NMu1mFao3w[/YOUTUBE]

Imagine the power of the handful of people who control the Federal Reserve, to be able to call a bank holiday totally in secret?

[lei.talk]

Imagine the power of the handful of people who control the Federal Reserve,
to be able to call a bank holiday totally in secret?

the more interesting force
is the one they attempt to control:

...a tremendous drawdown of, uh, money market accounts in the United States to the tune of $550-billion was being drawn out in in a matter of an hour or two.

...in their estimation, by 2 PM that afternoon $5.5-trillion would have been withdrawn and would have collapsed the U.S. economy and within 24 hours the world economy would have collapsed.

...It would have been the end of our economic and our political system as we know it.

Meet Peter LaNague...
citizen of the planet Tolive,
devotee of the Kyfho philosophy,
revolutionary agent provocateur.
But LaNague is planning a unique revolution -- one that not only topples the entrenched Outworld Imperium but fundamentally alters every Outworlder's concept of government as well. To accomplish this he must ally himself with a madman, trust the word of the last of Sol System's robber barons, make incisive use of the consummate warriors from the planet Flint without letting them run amok, confound at every turn the omnipresent forces of the Imperium, and every now and then make it rain money.

But those are the easy part.
His greatest challenge will be to see his plan through to successful completion
without becoming the very enemy he has vowed to destroy.

"...both a philosophical tale and an action yarn, and the two are integrated naturally and well.
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