This month's horse's ass award, with oak leaf clusters, goes to the senior Senator from New York, Charles Schumer. Chuck Schumer is the Geraldo Rivera of the Senate, with apologies to Geraldo but, you're just gonna have to wear this one. Now this blowhard has in the past done and said some rather stupid things but directly contributing to a run on a bank has to take the cake. At this rate, Schumer may even challenge the reigning champion of the Senate in the pie-hole flapping contest, Senator Patrick Leahy. You remember Senator Leahy; he's the Senator who lost his security clearance while sitting on the Armed Services and Intelligence committee's because he couldn't stop himself from leaking classified information. Leahy is getting old so let's hope that he never finds himself between Chuck
Schumer and a camera, he could be trampled to death or injury.
Yes, our Senator Crazy Chucky is a piece of work. Along with Rev. Al here in New York, they never met a TV camera they didn't like. One of things I like the most about Chuck is he votes anti-Gun every chance he gets, But keeps renewing his concealed weapon permit in New York and preaches how we need to take guns off the streets, along as it is not his gun! He has legal gun owners in his sights!
Knowing Chuck, if he had any money in the Indymac bank, I am sure you will find his withdraw slip dated two days before he made his comments!
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
Sadly, there is no accountablility. Just as the previously mentioned Sen. Pat Leahy did not go to prision for commiting a felony - leaking classified material - these little aholes with ego's just don't get held accountable for their actions.
That's why they are so out of touch with reality.
I'm sure IndyMac's failure has nothing at all to do with the poor lending practices they had. I'm also sure that the fact that the FBI launching a probe into potential fraud at the bank will prove that they were a great institution. There was very little risk of failure with the great mortgage portfolio they maintained. OK - perhaps Schumer's publicity about the bank wasn't completely well thought out, but the bank was already headed in a poor direction when he made the comments. They were having a real tough time trying to raise additional capital due to their crappy loan portfolio. Schumer's comments accelerated something that was probably bound to happen anyway, and I wouldn't be surprised if the Fed's find some pretty disgusting secrets hidden away in the organization. I can't believe I'm defending a Demoncrat
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s/v "Pelican" Passport 40 #076- Preparing to cruise - http://blog.svpelican.com
"Don't dream your life, live your dream" - Bob Bitchin'
"I'll see it when I believe it" - Me
One does wonder why, a Senator from New York, would feel it necessary to make public, the information he did, in the manner he did, about a California bank. His total disregard for the consequences of his actions, both prior to and following, the public release of his statement, is not only deplorable, but reckless in the extreme. To somehow think his statement would not cause exactly the reaction it did, is at best, naive, and at worst, coldly calculated.
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John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
Schumer is a senior member of the Senate Banking Committee. The timing I can't account for.
Quote:
One does wonder why, a Senator from New York, would feel it necessary to make public, the information he did, in the manner he did, about a California bank.
__________________ S/V Scheherazade
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Tony Orlando stand in and Burt Reynold's stunt double.
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