honestly, they're all clueless

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I spent a great deal of yesterday running down the underlying facts relating to an outrageous rumor starting to take hold on the internet. It involved digging through financial press from last fall and, horrors, listening to the entire hearing at the House Finance Subcommittee meeting where Bernanke and Paulson discussed all too briefly the "run" on the money markets that had occurred on Thursday the 18th of September. It did NOT happen on Thursday the 11th of September, and it was fund managers finding their money market dollars returning less than dollar for dollar and moving their capital into treasuries to keep from losing more money. THAT IS ALL THERE IS BEHIND THIS WILD RUMOR OF A NEW FINANCIAL 9/11. I checked and checked and checked. This isn't to say the whole spiel is not perfidy itself. It just isn't a false flag. It's the natural result of decades of graft making do as high finance.