Feds Cite Schumer In Collapse Of IndyMac

LA TIMES ^ | July 11, 2008 | Peter Viles

[Sergeant_Ronbo]

Feds Cite Schumer In Collapse Of IndyMac

An important angle in the IndyMac failure that may get lost in ominous headlines tonight and tomorrow: federal regulators pointedly cited U.S. Sen. Charles Schumer, D-N.Y., in explaining the bank's failure. In simple language, federal regulators blamed Schumer for a run on the bank.

[Sergeant_Ronbo]

When the economic collapse started in October, I wondered if the Democommies were the authors in order to win the November election.

Of course, I knew they had their dirty little fingers in the economic pie going back to the 1990s and Bill Clinton. But where was the smoking gun in this sorry affair?

Well here it is folks! It is recorded in the Leftard LA TIMES in a short article that speaks volumes: Little Chuckie Schumer started the run on the banks in July, 2008. Why? In order to tank the economy and ruin GOP chances for the presidency and Congress in the November elections.

I wonder if Little Chuckie understands that the economic crisis has now grown to a world level and has spun out of Democommie control? Also, did he realize when the wheel stops spinning, the result may be fatal to his personal existence and that of his political party?

This affair may someday rank with Hitler's invasion of Russia in 1941 as an action that fell hard on the heads of those starting it.

[Army Air Corps]

From your keyboard to G-d’s inbox.

[b4its2late]

Of course. He started it all.......

[BlessedBeGod]

I think God has a very, very warm place waiting for him when his time comes.

[Old Sarge]

FreddieMac, IndyMac, ChiliMac - just what is it with these unimaginative acronyms?

[Albion Wilde]

One of my favorite all-time photos of my president:

[griswold3]

A manufactured crisis for sure!

The ‘Progressives’ aren’t the only ones with a ‘arsenal’. Many ‘industrious individuals are talking about ‘going Galt’ and now Peter Schiff told everyone it’s time for a ‘Capital Strike’ for the next year.
Little did they know what they have started.....
It’s going to be hard to stop this snowball effect!!!

[Steely Tom]

So what? It helped pushed forward the collapse of the GOP in the 2008 elections, so it was for a good cause. Now let’s Move On.

[17th Miss Regt]

I wonder if Little Chuckie understands...

Of course he understands. He got a 1600 on his SATs, doncha know!

Which makes him vile and filthy, not simply incompetent.

[Red Badger]

Like he cares........

[BlessedBeGod]

I've had this bookmarked since last July...

How Chuck Schumer Caused the 2d Largest Bank Failure in U.S. History (Important Read)

[Mark was here]

Just heard it the other day G-mac for GMAC. Never heard it that way before.

[weegee]

Not just the collapse of the GOP but the nationalization of banking and other industries.

[Faith]

GW looks like he’s about two seconds away from rearranging Chuck’s face.

[Faith]

So what? It helped pushed forward the collapse of the GOP in the 2008 elections, so it was for a good cause. Now let’s Move On.

The whole thing was a set-up. The dem legislators are traitors to the American people.

[SFC Chromey]

otherwise known as the ‘communization’ of banking and other industries.

[TenthAmendmentChampion]

It hit the state of New York hardest of all, being the center of financial activity. Dems prove once more that they are walking economic disaster areas.

[TenthAmendmentChampion]

Many ‘industrious individuals are talking about ‘going Galt’

Galt Ping

[maggief]

[nothingnew]

That is one great photo!

FMCDH(BITS)