Tuesday, February 10, 2009

USA was 3 hrs away from Economic, Political Collapse in Sept

Paul Kanjorski: In mid-September of 2008, the U.S. came just three hours away from the collapse of the entire economy. In a span of 2 hours, $550 billion was drawn out of money market accounts in an electronic run on the banks. Rep. Kanjorski: "It would have been the end of our economic system and our political system as we know it."

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