Did The World As We Know It Almost End Last September?
By Gene Mueller
Story Created:
May 18, 2009
Story Updated:
May 18, 2009
What were you September 18, 2008?
Did you have any clue that the world was on the cusp of ending?
Pennsylvania Congressman Paul Kanjorski is the number two guy on the House Banking committee and had a front row seat as to what was going on with the nation's economy in the days after the Lehman Brothers' demise--one of the first events in the ongoing fiscal nosedive we now find ourselves in.
Kanjorski told a pretty frightening tale on C-Span's "Washington Journal" late last month--a show seen by but a handful of hard core news junkies. The video starts slow, but gets juicy about 90 seconds in, when he's asked why Congress okayed last fall's $700 billion dollar bailout package.
The video got some spins on www.politico.com the other day, and on Keith Olberman's MSNBC show Tuesday night.
I'll dig a little deeper as the day goes on to see if I can flesh in any of the details.
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