JD Hayworth source for Schumer - Soros smear? Rush Limbaugh speculations

[niceypoo]

JD Hayworth claims that Schumer and Soros collapsed the economy based on http://www.rightpundits.com/?p=2863">this. What, you say?

"Representative Paul Kanjorski (D-PA) appeared on C-Span on January 27, 2009 and told an astonishing story of how the financial crisis started

Rush Limbaugh picked up this story and appears to be the only one talking about it in the major media.

The bottom line, according to Kanjorski, is that on September 18, 2008 at 11 a.m. some $550 billion dollars disappeared from America’s money market accounts - all within a one to two hour time frame.

The U.S. Treasury poured $105 billion dollars into the system and realized they couldn’t stop the drain. They closed down all accounts. Without doing so, they estimated by that afternoon, $5.5 trillion dollars would have been drawndown, resulting in the collapse of our political and financial system - and not just the U.S. but around the world.

Rush asks: who was trying to bring down the American economy? He speculates:

Could it have been George Soros? Could it have been a consortium of countries — Russia, China, Venezuela — countries that are eager to have Barack Obama elected because they know that will make it easier for them to continue their own foreign policies in the world?"

snip*

Even the right wingers know that this story is just Rush Limbaugh speculating. Only JD is a big enough clown to repeat this as fact on national TV.

http://videocafe.crooksandliars.com/heather/hardball-hayworth-blames-soros-economy

This is why Obama won!

[GentryDixon]

1. Of course.

The damage being the lemmings who do no research, but have no problem repeating the Repubs talking points as Gospel.