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Wednesday, February 11. 2009

Not paranoid, just curious. Who did this run on the banks on September 15?

Posted by The Barrister in Hot News & Misc. Short Subjects at 11:52 | Comments (26) | Trackbacks (0)

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This little nugget got my full attention, too, Barrister. So, let's find the smoking gun. At the time I commented on Maggie's Farm that the timing of the whole Wall St meltdown, and it's enormous boost to you-know-who, had to be more than just luck for The One. No one is that lucky. And I am not that paranoid. Neither was Jim Garrison.

Remember that McCain was cruising along in the lead at the time thanks to the Sarah Bounce. Let's demand that Barney hold hearings right away. We all know who the first subpoena should be sent to, don't we? His initials are GS, a guy who could conceivably orchestrate something like this run. He did it once to the pound sterling.

Remember how the Warren Commission and a succession of authors ever since inlcuding Vincent Bugliosi had us convinced (or tried to) that a "magic bullet" fired by that lone nut Oswald killed JFK? That we should get over our paranoia, that conspiracies sooner or later are outed? Arlen Spector's latest magic bullet was his vote to pass the stimulus bill.

#1 greenmtnpunter on 2009-02-11 12:21 (Reply)

Same question. I ran across this yesterday and wondered what really happened.

#2 Dr X on 2009-02-11 12:36 (Reply)

It's not paranoia or conspiracy when it's possible that this WAS done on purpose. Let's wait and see. And then, shoot those responsible...

#3 Cargosquid (Link) on 2009-02-11 12:50 (Reply)

Islamofascists.

This was terrorist attack which was staunched quickly.

Remember, Hussein said give him a call.

The Muslim bastards and their dhimmified supporters (including 62 million American voters) will keep trying but now they have the trigger of the worlds biggest gun with a Muslim Comammder in Cheif and a lying Muhammadan in the bully pulpit of the USA.

Thanks be to God he need only be there four years

#4 Leag on 2009-02-11 12:57 (Reply)

Punter ... If I take your reference to a guy with the initials GS correctly, I suspect that George Soros was behind this run on the banks, just as he is the major financier of ACORN and its nefarious activities in stealing votes, and the Code Pink gang and their constant dissing of our military protectors. What I don't understand is how this crook was allowed to become a citizen, and why we haven't bounced his butt out of this country long since. We've had immigrants who joined our country and the betrayed it before, but few have been as atrocious as George Soros.

Marianne

#5 Marianne Matthews on 2009-02-11 13:03 (Reply)

MM- rather than a subpoena, I say there are grounds to arrest Soros as a domestic terrorist, no habeas corpus, seize all of his assets we can find, present him with a bill, and set off the trillions we are in the hole against his seized assets. That's the new stimulus package. We wish.

Then, if he cooperates further, he can buy his way into exile in, say, Cuba, or go pal around with Putin and Co. If his fingerprints are found on this Wall St meltdown then God help this criminal, this domestic terrorist. Bernie Madoff is going to look a like a nice innocent grandfather by comparison.

Then what do we do with Obama, the ultimate beneficiary of Soros' actions? Problem is with all of this, that the Obama left wing government controls all of the info, just as Bobby Kennedy did in concert with J Edgar and Richard Helms following the JFK assassination.

This will be- already is- another massive government cover-up unless there is a rat fink John Dean/Deep Throat inside the Obama gates somewhere. So far, the only source of the info in that secret session in re the $550 BILL run is a PA congressman? Time to let the hounds loose before the scent goes cold. If this turns out to be true, will this be the final straw?

#6 greenmtnpunter on 2009-02-11 13:44 (Reply)

Ladies and Gentlemen of Maggie's Farm: In January of 2007, on a Sunday morning I went online to check the balance in my daily checking account. Several hundred dollars. That was at 0930. I used the card at 1100 and by 1330 the card was not accepted. When I came home at 1430 all of my accounts had been cleaned out; with the exception of one withdrawal which was made from an ATM machine on the docks in New Jersey, all of the other withdrawals were made during a 40 minute period--and all of them were made from ATM machines in RUSSIA. Lenningrad, Vladivostock, Novosibirsk, etc.
Because we were among the first to be hit the B of A fraud department was very helpful (and informative). What initially looked like a small Russian mafia action later became something much larger. Inside sources told me that approximately 250,000 accounts all in western states had been hit. Local news reported the story one time and included several other major banks as having been hit in the same way. It was only several months later that the G8 met and when I saw Putin walking into the talks I had the very strong feeling that a new force to contend with was in fact the power of the Russian Mafia. Think of the influence that Putin wielded at that meeting: he could look at our representatives knowing that they were already terrified of the demonstration that he had made of his ability to control the banks--one way or another. It has always been impossible for me to accept the suddenness of this event--one day in September the world's banking system collapsed all because of some bad lending practices--this never sounded true to me.

#7 facultywife on 2009-02-11 13:53 (Reply)

"Thursday September 15th" is a mixup; Thursay of that week was the 18th.

On Monday, Sept 15th, Lehman Bros announced it was filing for backruptcy. The next day,
a large money market fund, which had some investments in Lehman, declared that it "broke the buck" due to those investments being reappraised as valueless. That was what trigged the "run" on money market funds.

#8 JerryB on 2009-02-11 14:00 (Reply)

That Lehman "event" is only symbolic-it is front for what was really going on--that something is the thing about which we have not yet been provided "all the facts".

#9 facultywife on 2009-02-11 14:30 (Reply)

Keep your eye on the ball, they are throwing their best breaking stuff at us, damn hard to hit. Remember, McCain-Palin were in the lead and Obama was spinning his wheels until he was handed the financial crisis on a silver platter.

Was he really that lucky? Were the markets functioning without manipulation? The meltdown had begun but it appears that it may have been accelerated/exacerbated by the actions of one or more insiders in concert.

So, maybe these folks made a lot of dough in addition to putting their guy in the White House? Cui bono? Certainly not McPalin's! Keep digging.

#10 greenmtnpunter on 2009-02-11 15:04 (Reply)

Let's not get paranoid psychotic here like the Lefties do.

#11 Bird Dog on 2009-02-11 15:07 (Reply)

hi, faculty wife, that was probably the RBN Network, outta Putin's powerbase, St petersburg. It's called a criminal organization, but it operates openly (tho it fakes going dark from time to time), and locals say it has political protection. RBN ran the cyberattacks on Georgia and thje baltic states, ostensibly as "just hacker patriots" (!)

re financial crisis, there's so many damning clues to desgn, and so many connections strung out in 100 comments on 20 or 30 threads over at Belmont's Tin Hat HQ. Just today,

http://seekingalpha.com/article/118103-u-s-debt-default-dollar-collapse-altogether-likely?source=article_sb_popular

(snip)

"Barack Obama�s choice for CFTC (Commodity Futures Trading Commission) commissioner Gary Gensler was the undersecretary of the U.S. TreasuryTreasury when the Commodity Futures Modernization Act of 2000 (*ed note, Clinton readying his exit) was passed, and is one of its architects. This was the piece of legislation that was put forth to appease the opposition to �dark market� trading in certain OTC derivatives first noisily derided by CFTC commissioner Brooksley Born in 1998.

Ignoring Born�s admonishments with this act, it exempted credit default swaps (CDO�s) from regulation, resulting in the somewhere between 58 and 300 trillion dollars in value presently under threat if the positions were to be unwound."

(much more in the whole comment it's #117-ish at

http://pajamasmedia.com/richardfernandez/2009/02/10/insurgency-vs-counterinsurgency/#comment-34194

(don't want to paste it, it's full of hyperlinks which make the text sensible) --and Gensler is just a little one, try searching SEC role, uptic, rule 157, naked shorts, in the crash, and Obama's new privy councilman, Willian Donaldson, who put in place the peole who then installed the crash-the-market rules.

well, you'll need more detail or it won't clarify. Gensler tho points to a time and an act, and Clinton's early positioning of "dark funds" --one of which got facultywife's money, no doubt. and which were instrumental in the oil spec and auction rate security bubbles which destabilized, then dried up volume, then crushed prices, in the markets in time for the election. And thjere's more --hard to know whether to mention a few things, and make the body of facts seem small and general, or just say nothing until such time as can write in detail and sequence, and polish it for digestion.

#12 buddy larsen on 2009-02-11 15:18 (Reply)

What I wonder Buddy, is if it can happen again? Is the moral of the story that several large players can pull the trigger and destroy the US Economy whenever it suits them?

#12.1 feeblemind on 2009-02-11 21:50 (Reply)

BD- paranoid, psychotic, that's what they said for years whenever the Warren Commission cover up was challenged. That was how they discredited New Orleans D A Jim Garrison who in the years since Stone's movie has been proven to be more right than wrong about the actions and players involved in the JFK assassination.

That whole coverup was justified on national security grounds whereas it was in fact primarily a face saving for the Kennedy Legacy with a convenient, bullet proof rationalization. Governments routinely lie, some more than others and, based on what we know about them, this present lot is certainly not to be trusted.Where are the enterprising investigative journalists whose only goal is finding out the truth and let the chips fall where they may?

Perhaps we are more paranoid than is warranted- so far. I am never afraid of the truth so let's have it, the whole truth and nothing but. This dramatizes very nicely the absolute necessity of a free press if we are to remain a free people. Who can connect the dots in question? Or, conversely, prove that the dots are merely the random events of a market and therefore figments of my paranoia?

#13 greenmtnpunter on 2009-02-11 16:34 (Reply)

If you believe that someone other than LHO shot JFK and you're not a lefty, then yes, you may very well be paranoid.

Funny how left-wing nutcase conspiracies infiltrate the common-sense values of even those on the conservative side. It wouldn't surprise me one bit if 40 years from now, a brand of 9/11 conspiracy theology puts the blame on Michael Moore.

#13.1 KRW on 2009-02-11 18:41 (Reply)

"Who can connect the dots in question? Or, conversely, prove that the dots are merely the random events of a market and therefore figments of my paranoia?"

I don't believe for one second that our intelligence agencies are not on this - on everything. It may take them years to find and prove beyond a reasonable doubt, and they'll have to work around those bought-and-paid-for, but it will come out. It would be hard to believe that in our massive system, everyone who can do something would choose not to.

"Nothing gold can stay.." Robert Frost. He's right.
`

#14 Meta on 2009-02-11 21:30 (Reply)

Murphy's Law, essence: "If Can, Will"

Feeblemind, no, it was a one off. A Dunbar number of Davos-type people, first tracks appearing in mid 90s, under the hand of Bill Clinton. The blowoff was Lehman Bros, sacrificing itself driving the leverage of a 2005-2006 trillion dollar explosion of Fannie &b Freddie bad paper as hard and fast as possible, with no possible motive but to drive the final products, "auction Rate Securities" until they blew up and killed LEH (the only one allowed to fail, the one Soros was in, buying an astounding 1% more as late as August, when cpo-conspirator Putin crashed into Georgia), and then went to work on the banking system in earnest, using two 2007 SEC rule changes as sledgehammers. the SEC, whoich you just lately saw Harry Marcopolos excoriate, was manipulated. Cramer is screaming for a special prosecutor on this node alone.

There's more, LOTs more, more connections among the players in each initiative. start reading the threads, including the Jan mo in Archives, at Belmont --just scan, you'll see the pertinents. start here, read the 1990 interview:

http://www.google.com/search?sourceid=navclient&aq=h0&oq=maurice%20strong&ie=UTF-8&rlz=1T4GGLL_en&q=maurice+strong+1990+canadian+magazine

A coup --a communist/green/one-worldist/geopolitical rival coalition, a Dunbar number, about 150. and tho it git away from them and they're having to try to fix it in order to run this president properly, there is a second track too, in case the fix isn't doable. The whole thing succeeded insofar as using the economy to discredit the GOP in front of the election, but i think the resiliency of the Dollar, and that China didn't decouple, and the much larger than expected demand-destruction from the $150 oil bringing the price so far down so fast, are three things that perhaps have set 'em back. Pay attention to whether or not they are really trying to fix this economic break. pay attention to the 2010 election --see if they act like they are concerned about losing congress or not. If not, then prepare for something out of the blue.

The same three guys, Soros, Summers, and Geithner, tho presumably not in concert, appeared on the world stage in the Asian Financial Crisis of 98, and probably the Mexico and Russia bookends too tho i haven't looked.

Geithner, so intelligent that even tho he got caught on an IRS rap, is still the sec treasury & IRS chief --guaranteeing moral hazard in compliance --but they don't seem to mind a bit --not a long-termer attitude --and as if treasury was so occult that no one but Geithner (and not something any Wharton MBA could do) could save us from "the republican's de-regulation ruined economy".

"Tells" such as this --the unlikely, improbable, inexplicable, are everywhere in this thing.

Do searches on every datum i just typed --esp the Asian Financial Crisis.

oh, and do [ soros bank of england ].

A modus operandi emerges, a three part, operatic arc.

We are the third act. There is still the denouement yet to come.

The press and Wall street turned on them yesterday, in the Big Bank Speech, and this stim bill tho they win it, is hurting them and opening eyes. So maybe it's in remission for awhile. but maybe not. there's the rest-of-world. basically, the interim goal is probably to burn off USA wealth until it can no longer pollute, or boss people around --and of course get rid of the political/economic/religious themes, per Gramsci.

read the August 15, 2007 Nyquist --and remember it dates from Ausust, not now. Also read the Nyquist "The Danger is Not Fully Appreciated".

Goddamn invasion of the body snatchers. and i traced just an outline, above.

#14.1 buddy larsen on 2009-02-11 23:09 (Reply)

Thanks for the reply, Buddy. I have been a lurker at Belmont Club for at least six or seven years. I hit some of the commenter supplied links, but don't always wade through the sheer mass of comments that Wretchard's blog generates. I will do as you suggest.

#14.1.1 feeblemind on 2009-02-12 10:20 (Reply)

Yeah, Bird Dog, but if they're trying to get you, is it really paranoia?

#15 ahem on 2009-02-11 22:58 (Reply)

h ttp://americaswatchtower.com/2008/10/15/are-george-soros-and-the-democrats-manipulating-the-economy-for-political-gain-2/

#16 buddy larsen on 2009-02-12 02:32 (Reply)

What would happen if some of these theories of financial manipulation were shown to be true? What would be the reaction of "The American People"? Just wondering.

#17 greenmtnpunter on 2009-02-12 08:08 (Reply)

I was wondering the same thing, gmp. "what if" a smoking gun was lured, bribed, kicked, or just plain shamed forward to talk?

#17.1 buddy larsen on 2009-02-12 08:44 (Reply)

This is where the lack of a independent press is killing the USA.
The "American People" if they hear about any of this at all, will only hear de-bunking and scorn.

#17.2 John on 2009-02-12 09:24 (Reply)

This whole business is a once-in-a-lifetime opportunity for investigative journalists to earn their spurs. In fact, it looks like we'll have four years of opportunity for such enterprising, courageous types. Our nation's survival depends on it.

Start looking for the Deep Throat of the Obama Administration and we also need one or more inside Congress, especially the congressional committees charged with finance, national security, and ethics. It's a matter of exposing the wrong doing and bringing it to the attention of the American people.

It's about time these people had to live with the leakers that all Republican Administrations have had to live with, quid pro quo, it's only fair. I agree with Meta, we elected a blob of putty with a muddled, unresolved identity molded by the Chicago crowd and other power crazed Democrats determined to rule as a tyranny.

Remember the hit piece- Psychology Today, wasn't it?- "99 psychiatrists say Nixon is not psychologically fit to be President" shocker, or some such from the '72 campaign against McGovern, I believe? What happens to O's identity crisis when he wakes up one day and realizes he is merely the afffirmative action front man for "... rich, white people", as Rev Wright put it?

#18 greenmtnpunter on 2009-02-12 10:52 (Reply)

That financial manipulation occurs is an America is fact of life.

That it occurred in September and was squelched is a tribute to George Bush and his War on Terrorism.

American's who don't know are ostriches.

Americans who want to know should keep apprised.

On Topic Reading Suggestion;
How allies of George Soros helped bring down Wachovia Bank
By Ed Lasky

#19 Leag on 2009-02-12 15:00 (Reply)

At http://www.house.gov/jec/Research%20Reports/2008/rr110-25.pdf
is a report on financial events of Sept 2008, and on its page 9 is a discussion of the money market panic in the context of other goings on.

#20 JerryB on 2009-02-13 08:13 (Reply)

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Wednesday, February 11. 2009

Who did this?