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This is how close we came to economic collapse last September -- if you believe this Congressman
Brilliant at Breakfast — ... Pay particular attention about 2:15 in. Check out what this blogger has to say about this video at Motley Fool: So there you have it, Fools. Britain we know came within 3 hours of utter collapse, and now we see that the U.S. came just as close a month prior! Indeed, the entire world economy came within a day of systemic failure. It makes you wonder... how many hours do we stand from such a scenario at the moment? Further, what warnings can officials from the new administration utilize to influence Congressional votes that could possibly trump those ...

September 18, 2008
PoliPundit.com — September 18, 2008 Sobering comments and a video link from The Motley Fool; Fools who read my blogs regularly know I have been fascinated by what may have been included within the dire warnings issued to members of Congress by Paulson and Bernanke behind closed doors on Thursday, September 18, 2008. As the debates lingered on over the week that followed, several members voiced their sense of shock over the severity of the warnings, while refusing to divulge the details to a public that deserves to know. Representative Sherman later revealed that members were warned that Martial ...

Bush administration came close to a perfect end
pandagon.net - we are the public option — by Amanda Marcotte I don’t even know what to say about this: Coupled with these comments from Motley Fool: Fools who read my blogs regularly know I have been fascinated by what may have been included within the dire warnings issued to members of Congress by Paulson and Bernanke behind closed doors on Thursday, September 18, 2008. As the debates lingered on over the week that followed, several members voiced their sense of shock over the severity of the warnings, while refusing to divulge the details to a public that deserves to know. Representative ...

Sitting On A Razor-Thin Edge
Suburban Guerrilla — ... Again via Magnifico, The Motley Fool adds some background as well as a possible connection to martial law in The One Jaw Dropping Video that Every Fool Must See. Both Sen. Inhofe, R-Okla., and Rep. Brad Sherman, D-Calif claim that Paulson brought up the possibility of a ...

Was NOW NOW NOW Camouflage to cover a bank run that nearly wiped out the US system?
Corrente — The Motley Fool has this: Congressman Paul E. Kanjorski of Pennsylvania reveals some shocking information regarding a bank run which occured right here and indeed brought this country and the entire world economy to within three hours of complete and systemic financial collapse. In this video, Congressman Kanjorski reveals (at about the 2:15 mark) that the move to raise the move to guarantee money market funds up to $250,000 was an emergency measure to stave off a massive run on the banks that removed $550 billion from the system in a matter of just a couple of hours. Treasury then injected $105 billion to no avail, and shut the system ...

"Here's the facts, and we don't even talk about these things."
small dead animals — ... that afternoon, $5 trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours, the world economy would have collapsed." It would have been the end of our economic system and our political system as we know it. Some out there seem to believe this is newly disclosed information. It's not . Nor is the rapid movement of money necessarily evidence of a plot. More here from a UK perspective. Posted by Kate at February 11, 2009 8:44 PM