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"Break the Glass" plan revealed today

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Uploaded by on Nov 30, 2009

Emergency economic plan (basically TARP) was created in April of 2008.... months before the collapse. So if Treasury knew collapse was coming, then why were Henry Paulson and others talking like everything was fine. Andrew Sorkin, New York Times, on Squawk Box. Entire plan released today.

Copyright MSNBC 2009

Squawk Box inside too big to fail fed federal reserve stimulus bonuses dollar usdx carry trade dubai Ben Bernanke Goldman Sachs Lehman Brothers

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Uploader Comments (fal2grace)

  • what this story tells me is the federal government is ahead of us in what we know by 13 months...and ahead of what congress knows by 6 months...we need to close the gap....

  • indeed we do. thanks ken!

Top Comments

  • This guy is correct, they were proffessional optimists who fed us all bullshit (not that I EVER bought it mind you) . The funny thing is, the same 3 fuckheads he is talking with on the show were and ARE part of this deception/misinformation/FALSE NEWS.............campaign and they probably still are.

  • hey CNBC read February 2007 GEAB/LEAP 20/20 report it was all there...and march 12, 2007 congress was informed in a special secrete session...geesh..they are stupid or think we are

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All Comments (29)

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  • :) have a great weekend.

  • I have never lost faith - and never will.

  • don't lose faith.

  • Sorry...good video, just abysmal to see this, that's all. Just like the Global Warming BS...had 5-ARTICLES on MY-YAHOO, talking about how humans are GOING TO HAVE TO ADAPT to live, bigger dams, etc. and all I could think was...'nope...eugenics are going to take care of that, quite nicely in about a year or two'...and the day that they fire up the gas chambers, all the sheep are going to scream...WHERE'S MY PROTECTION...and I will just say, 'simple...you disarmed it and made fun of it'.

  • yes, they seem to make the big decisions that affect all of us very quickly

  • At least you're paying attention. thanks

  • The funny part of this...it is like, the thousandth piece of news I have seen about how the people got screwed, it is getting worse, the Fed and government is corrupt...and Obama STILL has a 50% approval rating!!! No one is going to do a damn thing to change this...and we are all going to watch it explode like a hydrogen bomb when it does...and SOON. Why does anyone even watch this stuff? No one, at ALL, is going to lift a finger to change it or stop it, anyway...

  • Have you notice how fast they decided to go to war to Irak, and how fast did they got all the bailouts.

  • The federal government is not the Fed. The Fed is a private company. Both parties have been manipulating this economy to execute a globalist agenda.

    Remember the "global" rate cut we saw this year?

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