"Somebody threw us into the middle of the Atlantic Ocean without a life raft and we're trying to determine what's the closest shore and whether there's any chance in the world to swim that far. We. Don't. Know." -- Rep. Paul Kanjorski
Did you know that the entire world economic system almost collapsed completely within a couple of hours last September, which would have resulted in martial law and the end of "our political system as we know it"? Not that anyone in Congress bothered to tell us about it, until now.
Here's Rep. Paul Kanjorski providing a sobering account of what went down that morning when, in a span of 2 hours, $550 billion was drawn out of money market accounts in an electronic run on the banks. The fun starts about 2 minutes in.
And nothing's really changed since, he says, except for increasingly devalued currency being printed and thrown at the problem.
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