Showing posts with label Paul Kanjorski. Show all posts
Showing posts with label Paul Kanjorski. Show all posts

Thursday, June 24, 2010

Democrats: "minorites" and "defective" people need not apply

Doesn't it drive you crazy that the Dems can get away with anything because of a press/media that is corrupt? Racist Dem Rep. Kanjorski: “We’re Giving Relief to ‘Average, Good American People’ Not ‘Minorities’ or ‘Defective’ People” (Video)

Wednesday, March 18, 2009

Will Obama, McCain, Dodd Return Contributions From AIG Employees?

According to the Center for Responsive Politics, which tracks campaign finance reports, more than $120,000 of that money was donated after AIG received its first $85 billion in federal bailout funds in September...This raises two key questions: Was any bailout money used to make political contributions? And will the politicians who received AIG cash give the money back?

1. Sen. Chris Dodd, D-Conn., $103,100
2. Sen. Barack Obama, D-Ill., $101,332
3. Sen. John McCain, R-Ariz., $59,499
4. Sen. Hillary Clinton, D-N.Y., $35,965
5. Sen. Max Baucus, D-Mont., $24,750
6. Former Gov. Mitt Romney, (R) Pres $20,850
7. Sen. Joe Biden, D-Del., $19,975
8. Rep. John Larson, D-Conn, $19,750
9. Sen. John Sununu, R-N.H., $18,500
10. Former Mayor Rudolph Giuliani (R) Pres $13,200
11. Rep. Paul Kanjorski, D-Pa., $12,000
12. Sen. Dick Durbin, D-Ill., $11,000
This is just a big taxpayer-funded orgy of politicians raping the public...except that most Republicans (except for 3) did NOT vote for the stimulus!

Tuesday, February 10, 2009

How The World Almost Came To An End At 2PM On September 18

UPDATE: ATLAS SHRUGS HAS A REALLY LONG POST ABOUT THIS HERE

Sunday, February 8, 2009
Posted by Tyler Durden at 12:56 PM

LiveLeak has caught a scary moment of previously undisclosed insight by Paul Kanjorski where he reveals some facts that have not been captured by the media previously. At 2 minutes and 20 seconds in the video below, Democratic Representative Kanjorski explains how the Federal Reserve told Congress members about a "tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars." According to Kanjorski, this electronic transfer occurred over the period of an hour or two. And it gets worse. Kanjorski paraphrases the following disclosure by Bernanke and Paulson:

On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury opened up its window to help and pumped a $105 billion in the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there.

If they had not done that, their estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., 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.


We are no better off today than we were 3 months ago because we have a decrease in the equity positions of banks because other assets are going sour by the moment.

Interestingly, Kanjorski, and likely more and more Democrats, are starting to shift to the camp that more time is needed to make a correct decision this time (which may explain Geithner's decision to postpone the "bank-rescue" announcement by one day to Tuesday), instead of rushing into another half-baked plan. Very scary stuff.
Go here for the video, and comments:

zerohedge.blogspot.com