Well it didn’t disappear, but a bunch of rich somebodies took there money out of the bank within a few hours. I find that strange. I also find the lack of coverage on this strange. I unfortunately don’t have the resources to check this out, but someone who does: Maybe some unemployed journalist with some free time and an employed spouse or trustfund could check this out.Would this be a taxable transaction?
Isn’t this how the Great Depression started?
Here is a transcript of what Rep Kanjorski says in the video:
On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve noticed a tremendous draw down of money market accounts in the USA to the tune of $550 Billion dollars in a matter of an hour or two.
Money was being removed electronically.
The treasury tried to help with $150 Billion.
But could not stem the tide.
It was an electronic run on the banks
The treasury intervened but had they not closed down the accounts they estimated that by 2 PM that afternoon. Within 3 hours. $5.5 Trillion would have been withdrawled and collapsed and within 24 hours the world economy.
By Browne Molyneux
H/T to Infowars