Financial Implosion
What really went on in September 2008

Confusion in the Ranks - TARP Prevented Total Collapse

Burgess COMMENTARY

Peter Burgess

Confusion in the Ranks - TARP Prevented Total Collapse

Kucinich is now telling us where some of the TARP funds went, i.e. Dubai, China, India etc, to no one's surprise except the public and media at large. Thus there is a lot of consternation, but we forget what was going on back in Sept 18 2008, largely because they were too afraid to tell us about martial law and economic collapse.

So now Neil Kashkari tries to repeat the point that Kanjorski has tried to make multiple times, that the original TARP was not to get banks to loan to Americans, but to prevent TOTAL ECONOMIC COLLAPSE, due to the panic bank run after the Lehman failure, on Sept 18 2008.

The problem is they didnt want to tell us what was going on back then, and now we find out the money has gone to foreign sovereign wealth funds (SURPRISED? duh), and now they are forced to tell us what they didnt tell us back then, that TOTAL COLLAPSE was imminent due to derivative calls during the panic bank run.

Kanjorski recently tried to get Paulso to clearly state the situation during the original TARP and he wouldnt, they still want us in the dark while they suck trillions into the black hole of Credit Default Swap derivatives.