The reader will kindly forgive any tendency to rough language or behavior on the part of the site owner...
TMGlogo2006-2007phs-copy.jpg
"Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf."
TMGbloglabel1 copy.gif

TMGbloglabel3 copy.gif
TMG MONTHLY ARCHIVES
[-]



TMGbloglabel10 copy.gif

TMGbloglabel2 copy.gif
The Mudville Gazette Feeds

 

Add to Technorati Favorites
Technorati Profile
add.gif
Add to Google
addtomyyahoo4.gif
ngsub1.gif sub_modern5.gif

xml.gif rdf.png atom feed.jpg

digg.jpg

Find the best blogs at Blogs.com.

pl-news.gif

tvc_logo_small.png

Mrsg- Greyhawk's Profile
Mrsg- Greyhawk's Facebook profile
Create Your Badge
TMGbloglabel5 copy.gif
TMGbloglabel6 copy.gif
350.jpg
Greetings! You are reading an article from The Mudville Gazette. To reach the front page, with all the latest news and views, click the logo above or "main" below. Thanks for stopping by!
« Sorting thru the Stimulus Pkg... | Main | Hearts and Minds (but mostly hearts) »

February 15, 2009

greyhawk copy sm.png

9/11/2008 CATASTROPHIC FINANCIAL TERRORIST ATTACK CAUSED ECONOMIC MELTDOWN?

By Mrs Greyhawk

Rep. Paul Kanjorski of Pennsylvania explains what former Treasury Secretary Paulson and Fed Chairman Bernanke told congress in a closed door session in September 2008 .

"On Thursday [Thursday was September 11th] at about 11 o clock in the morning 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." says Kanjorski.

Whooah! Why are we just now hearing about this? Where's the media? Why wasn't there an official statement?

Could it be?

and 550 Billion? That's about 3/4's of the $787 billion stimulus package the US House just passed.

Via: Atlas Shrugged with Video:

In the video, Kanjorski says this occurred on Thursday, September 15, 2008. September 15th was a MONDAY.

THURSDAY was .......SEPTEMBER 11, 2008

This was a Financial Terrorist Attack on the seventh anniversary of 9/11. Aren't the American people entitled to know who was behind the run on the banks?
<...>
The financial crisis was deliberate, planned, staged. Who made the run? "Someone threw us in the middle of the Atlantic ocean without a life raft. We are trying to determine which is the closest shore and whether there is any chance in the world to swim that far. We don't know."

We've been attacked and no one told us?

Hmmm?

Is this why McCain suspended his campaign to address the economic crisis?

Update:

Considering Kanjorski gaffe with incorrect dates, it's either the 11th or the 18th. If the 11th then people will come to the conclusion this is some sort of financial terrorist attack, if it's the 18th then it most likely due to the fall of Lehman Brothers
and everyone withdrawing money market funds, and freezing the market.

Finacial terrorist attack? or Credit markets froze, which critically affects economy?

Both are very scary scenerios.


Posted by Mrs Greyhawk / February 15, 2009 9:13 AM | Permalink

8 Comments

This is precisely why this bailout is such a bad idea. It puts MORE debt in the hands of foreign government and gives them the power to do this again. Had our government, Republicans and Democrats, been more responsible we wouldn't have all this foreign debt and this tragedy may have been avoided at such a degree.

George Soros is no stranger to manipulating financial markets for his own purposes.

between Biden and Tim Geithner, seems like Obama has built a administration of cards

Comment: Given the September 11 date of the event, this strikes me as being more of an Arab-event than a Soros one. Saudi Arabia has access to those kind of billions. Does Soros?

Question: Was Bush aware of this, given that it happened on his watch? Did the overseers and government departments in charge of watching these things keep it from him? If not, why didn't he announce it as a new part of the War on Terror? "Economic Terrorism".

Comment: Given the September 11 date of the event, this strikes me as being more of an Arab-event than a Soros one. Saudi Arabia has access to those kind of billions. Does Soros?

Question: Was Bush aware of this, given that it happened on his watch? Did the overseers and government departments in charge of watching these things keep it from him? If not, why didn't he announce it as a new part of the War on Terror? "Economic Terrorism".

I'll have to re-watch the video, which I don't have time to do right now, but I think maybe this is a confusion of dates, either on your part, or on Kanjorski's part. I thought he was saying the withdrawals started after the Lehman bankruptcy, which was on the 15th. The first discussion of the monetary issues was Wednesday, the 17th, and then Congress got its private bitchslap on the evening of the 18th. Which points to the big drawdown starting the morning of the 18th, not the 11th. This all jibes with my memory (which may be wrong, though).

Again, I may have my dates screwed up here, and have to watch the video again to see what, exactly, Kanjorski is saying. But I think the 11th is not accurate. Now, that does not remove the possibility that this was financial terrorism. But I don't think the obvious inference of a date relationship is there.

I'll look into this more and see if I'm missing some thing.

In the video, Kanjorski says this occurred on Thursday, September 15, 2008. September 15th was a MONDAY. THURSDAY was .......SEPTEMBER 11, 2008.

However, the following Thursday was the eightenth and he could have meant the 18th. Or he had his day incorrect and he meant Monday. I'll correct if I can find a correct answer.

What I find interesting is when he says that within 24 hours the world economy would have collapsed. No need to panic, right? Let's not blame the real perpetrators for the economic crisis, let's blame terrorist.

I'm pretty sure that's just a confusion on his part, then. Lehman collapsed on Monday the 15th, which he brings into the conversation. I do distinctly remember that the Money Market collapse happened after that, which is part of what that week was about.

Here's a wiki timeline on the big items:

http://en.wikipedia.org/wiki/Subprime_crisis_impact_timeline

The money market collapse is not in there, as far as I can tell. But it does identify the Lehman collapse on the 15th. And Paulson's announcement of the $700B bailout.

Okay, found more information. Here's a section on the overall crisis that discusses more details. It points to the issue that Kanjorski addresses:

http://en.wikipedia.org/wiki/Global_financial_crisis_of_September–October_2008#Major_financial_firm_crisis

I'm pretty sure, now, that the major crunch that happened on Thursday wasn't the 11th. It was the 18th.

Again, though, I'm not dismissing the possibility that this was a coordinated attack. Either some big-shots looking to further undermine McCain's efforts, or oil-backed foreign entities.

Our fiscal stability is entirely dependent on the goodwill of "others" at this point. We don't control our destiny anymore.

350.jpg
Mrs G copy.png

November 26, 2010


America@war
[Greyhawk]
I think anyone who's ever pondered the "comment" option - once only available on blogs and bulletin boards, now ubiquitous on almost any web site - will appreciate this:
The so-called faculty of writing is not so much a faculty of writing as it is a faculty of thinking. When a man says, "I have an idea but I can't express it"; that man hasn't an idea but merely a vague feeling. If a man has a feeling of that kind, and will sit down for a half an hour and persistently try to put into writing what he feels, the probabilities are at least 90 percent that he will either be able to record it, or else realize that he has no idea at all. In either case, he will do himself a benefit.

That's wisdom from the past, captured for posterity at the US Naval Institute, shared via the web on the institute's 137th anniversary.

From their about page:

The Naval Institute shall remain

INDEPENDENT - A non-profit member association, with no government support, that does not lobby for special interests;

NON-PARTISAN - An independent, professional military association with a mission, goals and objectives that transcend political affiliations; and shall encourage

IDEAS - Through its respected journals Proceedings and Naval History, its conferences, its books and its online content, in support of those who serve.

"The Naval Institute has three core activities," among them, History and Preservation:

The Naval Institute also has recently introduced Americans at War, a living history of Americans at war in their own words and from their own experiences. These 90-second vignettes convey powerful stories of inspiration, pride, and patriotism.

Take a look at the collection, and you'll see it's not limited to accounts from those who served on ships at sea, members of the other branches are well-represented.

I'm fortunate to have met USNI's Mary Ripley, she's responsible for the institute's oral history program (and she's the daughter of the late John Ripley, whose story is told here). She also deserves much credit for their blog. ("We're not the Navy nor any government agency. Blog and comment freely.") We met at a milblog conference - Mary knew (and I would come to realize) that milbloggers are the 21st-century version of exactly what the US Naval Institute is all about. Once that light bulb came on in my head, I mentioned a vague idea for a project to her - milblogs as the 21st century oral history that they are.

"Put that in writing," she said (of course - see first paragraph above!) - and here's part of the result.

Shortly after the first tent was pitched by the American military in Iraq a wire was connected to a computer therein, and the internet was available to a generation of Americans at war - many of whom had grown up online. From that point on, at any given moment, somewhere in Iraq a Soldier, Sailor, Airman or Marine was at a keyboard sharing the events of his or her day with the folks back home. While most would simply fire off an email, others took advantage of the (then) relatively new online blogging platforms to post their thoughts and experiences for the entire world to see. The milblog was born - and from that moment to this stories detailing everything from the most mundane aspects of camp life to intense combat action (often described within hours of the event) have been available on the web...

And et cetera - but since you're reading this on a milblog, you probably knew that. And you know that milblogs aren't just blogs written by troops at war, that many friends, family members, and supporters likewise documented their story of America at war online in near-real time, as those stories developed.

The diversity in membership of that group is broad, the one thing we all have in common is the impulse to make sense of the seemingly senseless, and communicate the tale - for each of us that impulse was strong enough to overcome whatever barriers prevent the vast majority of people from doing the same. Everyone at some point has some vague idea they believe should be shared - we were the people who, from some combination of internal and external urging, found and spent those many half hours persistently trying to write it down.

*****

But where will all that be in another 137 years? Or five or ten, for that matter. That's something I've asked myself since at least 2004 - when I wrote this:

Closing Blogs is nothing new. So many site's owners just give up on their own. They come and go, you know, these MilBloggers do. Like any other sort of blogger. Many post in the lonely down hours far from home, spill their guts for the world, then abandon their spots when the tour of duty is up. They have lives again somewhere in the world, and no need to share the details. So it goes.

Many are truly gone - no site left at all. "The page cannot be found." Other blogs remain, like abandoned defensive positions in shifting desert sands.

Membership in the ghost battalion has grown in the years since, and an ever growing majority of those abandoned-but-still-standing sites are vanishing. Have you checked out Lt Smash's site lately? How about Sgt Hook's? If you're a long-time milblog reader you know the first widely-read milblog from Operation Iraq Freedom and the first widely-read milblog from Afghanistan are both gone from the web. If you're a relative newcomer to this world you may never even have heard of them - or the dozens upon dozens of others who carried forth the standard they set down.

If you have a vague notion that something should be done about that, (a notion I've heard expressed more than once...) then you and I and the good folks at the US Naval Institute are in agreement. Preserving the history documented by the milbloggers is just one of the goals of the milblog project, the once-vague idea that we're now making real.

And it's a big idea, if I say so myself - too big to explain in one simple blog post, so stand by for more. Likewise, it's too big a task to be accomplished by just one person. So if you're a milblogger (and exactly what is a milblogger? is a topic for much further discussion on its own) I'm asking for your help. All I'll really need is just a little bit (maybe just one or two of those half hours...) of your time, and your willingness to tell the tale.

We've already made history, it's time to save it.

(More to follow...)




Posted 4:02 PM | Permalink | Comments (0) |

TMGbloglabel7copy.gif
The Mudville Gazette is the on-line voice of an American warrior and his wife who stands by him. They prefer to see peaceful change render force of arms unnecessary. Until that day they stand fast with those who struggle for freedom, strike for reason, and pray for a better tomorrow.
TMGrecentcomments.gif
  • NukemHill: I'm pretty sure that's just a confusion on his part, read more
  • Mrs G: In the video, Kanjorski says this occurred on Thursday, September read more
  • NukemHill: I'll have to re-watch the video, which I don't have read more
  • NahnCee: Comment: Given the September 11 date of the event, this read more
  • NahnCee: Comment: Given the September 11 date of the event, this read more
  • All Mi T: between Biden and Tim Geithner, seems like Obama has built read more
  • Soldiersdad: George Soros is no stranger to manipulating financial markets for read more
  • CJ: This is precisely why this bailout is such a bad read more

MBC2010.jpg

MILBLOGS NEWS

*****

Latest Posts From MilBlogs

*****

milblogsa1.jpg Prev | List | Random | Next
Join
Powered by RingSurf!
TMGbloglabel2 copy.gif
The Dawn Patrol Feeds

 

Add to Google Reader or Homepage Subscribe in NewsGator Online Add to netvibes Add to Plusmo myaol_cta1.gif

xml.gif rdf.png atom feed.jpg

TMGbloglabel8copy.gif

TMGbloglabel9 copy.gif
Blah Blah Blah
me220.JPG

The Mudville Gazette is written and produced by Greyhawk, who recently retired from 24 years of active duty in the US military, but will maintain this disclaimer: Unless otherwise credited, the opinions expressed are those of the author, and nothing here is to be taken as representing the official position of or endorsement by the United States Department of Defense or any of its subordinate components.

Furthermore, I will occasionally use satire or parody herein. The bottom line: it's my house.

I like having visitors to my house. I hope you are entertained. I fight for your right to free speech, and am thrilled when you exercise said rights here. Comments and e-mails are welcome, but all such communication is to be assumed to be 1)the original work of any who initiate said communication and 2)the property of the Mudville Gazette, with free use granted thereto for publication in electronic or written form. If you do NOT wish to have your message posted, write "CONFIDENTIAL" in the subject line of your email.

Original content copyright © 2003 - 2011 by Greyhawk. Fair, not-for-profit use of said material by others is encouraged, as long as acknowledgement and credit is given, to include the url of the original source post. Other arrangements can be made as needed.

Contact: greyhawk at mudvillegazette dot com

andsm.jpg

*****

Tending Distant
Fires


Far from hearth and home, watching
Cold alone but not alone
On distant shore and only wanting
Safe return and little more

What tales we'll tell
When that time comes
When tales can be told

When things grim
Seem far away
When other fires go cold

Some distant sunset, vision fading
Memories remain
And tired eyes gaze 'pon folded flags
While distant drums beat their refrain

Saluting fallen friends whose names
And youth will never fade
Here's to those on other shores,
for them live well, the price is paid

- Greyhawk,
Baghdad,
December 2004