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Larry King asked Bill Maher if there was an event which led to wall street crisis

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xiamiam Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 10:44 AM
Original message
Larry King asked Bill Maher if there was an event which led to wall street crisis
during yesterdays interview..Maher didnt answer the question although I expected him to say that 500 billion dollars was withdrawn/transferred from MMF by 11 am on that Thursday in September..I have only heard this once from Congressman Kanjorski...KO repeated it on his show..other than that, zip..nada...a thread here said mom and pop investors withdrew their money..why do I find that difficult to believe?..why no other mention?...I tried to find a place to email Maher on his site ..no luck..I would just like to hear more re this from and I was surprised when Larry King asked the question..to me, its another of those "complicated" issues which has received no coverage...
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 10:46 AM
Response to Original message
1. You are suprised that the dimwit Maher didn't know the answer?
Them man is a walking mouth, no brain, just a mouth.
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xiamiam Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 10:48 AM
Response to Reply #1
2. nor did Larry King..nt
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 10:49 AM
Response to Original message
3. And that event was preciptated by Lehman Bros declaring Chapter 11.
Edited on Sun Feb-15-09 10:50 AM by tabatha
So, there were two events, the second caused by the first.
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Lint Head Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 10:52 AM
Response to Original message
4. Mahr can be dense at times.
There is a major 'cover up' as to what started the economic collapse.

There are many complicated international factors causing the financial fiasco the same that there is usually a series of events that causes an ailiner to crash. - But - And it's a BIG but -

It's OIL Prices folks. Nothing was truly in peril until the oil prices were manipulated by the international hedge fund criminals.
Of course there was and always has been the usual wall street fraud.

Until the specifics of the secret meetings Cheney had with the oil barons is released this is a major cover up.

The Banks did not start this. World wide oil pricing did. That is a FACT! The time line is easy to follow. It is a cover up because the Saudis are involved and the truth would cause an international incident that could lead to more war.

Everything depends on oil. Fuel for cars, trucks, trains, airplanes and is even in the manufacturing of baby diapers.
Have you asked your local grocer why prices went up when the gas prices went up but have not gone down when the gas prices went down?
We are being hoodwinked by professional propaganda experts. We are considered boobs.

I hope my President Barack Hussein Obama will see the light and do something about this cover up.

http://www.dailymail.co.uk/news/article-1144999/Oil-com...
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edhopper Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 10:57 AM
Response to Original message
5. It's easy
to figure out what caused the economic crisis:
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Mist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 11:48 AM
Response to Original message
6. The mortgage meltdown wasn't important? I thought that was what started it all. nt
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xiamiam Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 11:52 AM
Response to Reply #6
7. thats what they would have us believe...subprime noteholders destroyed the economy..bullcrap..nt
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