He deserves the ultimate punishment. one worse than death………imprisonment as a cell mate with drooling Barney Franks.

. Could be me, uh, but shouldnt someone take it upon themselves to render this Soros character incapable of the basics of life? Like breathing, or a heartbeat? Seems like he is the puppetmaster……someone needs to cut his strings of control. It would be a win win! He couldnt pull the strings to make the democrats and the left dance anymore….and without his strings, the democrats and the left would collapse in a heap of inanimate wooden wannabes…..just wondering if anyone has thought about eliminating the infected pus from the boil this country has become, and start to let it heal……..seriously, I am curious as to why no one has thought of it. I sure have!

“The economic bubble was created over decades by selling out the producers in America for the sake of consumers. Consumers were able to buy cheap goods from China et al. Cheap mortgages were also indirectly a gift from the Chinese. Bloated generous government was nearly cost free.
…
You have probably noticed that the bubble popped just in time for the election. This was probably not by chance. It took decades of creeping socialism in the US by a range of traitors and venal politicians to create the bubble, but it took some particularly devious machinations to pop it with such perfect timing.

George Soros has been the master of economic hostage situations for decades. He made 1.1 billion pounds sterling by breaking the Bank of England on “Black Wednesday” in 1992. He has been accused with doing the same sort of trick with Thailand and Malaysia.
…
There was a way to pop the bubble: He had to get the Chinese to stop playing along with the artificially low Yuan and stop investing in American debt. Soros had influence on a wide range of people in the American Left and he used them and the Olympics to deeply offend China. Tibet suddenly became the cause de jour, and a wide range of Democrats went on the attack.
…
When Soros instigated Black Wednesday, it spelled the end of Thatcher’s Conservative control of Britain. Is it just a coincidence that this economic crash is so perfectly timed? It is more likely that the stimulation of the crash was timed to make money for Soros and place Obama in the presidency. Obama is more than a convenient beneficiary of Soros. Soros has coronated him as the one who will rule America and thus the world. ”

http://dagnyd.net/Looting.htm

Well, this makes four people who are willing to say the events of last September and October were not random chance. I’m anther one. SG and Rush have also openly expressed their suspicions.

If there WASN’T hanky panky in the Money Markets funds on Sept 18, why did the fed insure ALL mm funds Sept 19?

Seems to fly in the face of Conde Nast’s revisionism, and support Kanjorski’s assertion.

And as I posted a while back, Sept 19 was also the day Paulsen made his “we’re talking billions” comment.

But of course, we know that facts are malleable in a liberals hands.

- The Lehman Brothers bankruptcy caused serious dislocations in the commercial paper market.

- When the Reserve Primary Fund broke the buck, institutional money, large estates and foreign governments realized that their funds were no longer safe.

- The 550 billion run happend prior to maket open. Orders were placed between 7am and 9am eastern time.

- While these funds in theory could have covered the withdrawals, However in reality, they do not maintain enough liquidity to cover an event of this magnitude.

- The Fed/Treasury realized that they could not inject enough liquidity to cover the withdrawals or at least turn the tide of panic. Thus, they announced that the ENTIRE value of money market funds would be covered. Kanjorski stated that the FDIC raised coverage to 250,000, which happend but not as a solution to this particular event. The players which placed these orders had accounts worth exponentially more than 250,000
.
- If these orders actually made it to maket at 9:30am any informed institutional players would have piled on because they know that the money market funds would not be able to cover such a withdrawal and panic would incite a cascade of firesale liquidations. The announcement of coverage happend about 9:15am and the on market open orders were withdrawn prior to 9:30am.

So while several of the facts stated by Kanjorski were incorrect, the bottom line is that our financial system almost collapsed that day. To be honest, I was stunned to hear him spout even this much information.

Here are some links for reference.

http://www.bankrate.com/brm/ne.....ews_d1.asp
http://www.treasury.gov/press/releases/hp1161.htm

Oh, yes I do.

It all started with the lowliest of mangers far far away, on a lonely night, on the run from the government of that time …

“We must now take further, decisive action to fundamentally and comprehensively address the root cause of our financial system’s stresses. We’re talking hundreds of billions. This needs to be big enough to make a real difference and get at the heart of the problem”

Strange timing, huh?

Must be another of those amazing coincidences. Like the fact that just two days prior to the run that didn’t happen, Barak Obama declared the following “most serious financial crisis in generations”, plus a lot of other garbage. But then, The Morons timing around disasters that just kinda seem to happen when he is running for office, has always been impeccable.