How Chuck Schumer Set Off a Bank Panic (and caused the economic collapse)

http://townhall.com/Columnists/JerryBowyer/ ^ | July 15, 2008 | by Jerry Bowyer

[Chgogal]

((((PING-a-Ling))))

ChessExpert, I remember your post dated March 12th:

http://www.freerepublic.com/focus/news/2206522/posts

[Chgogal]

For the archive:

http://www.freerepublic.com/focus/news/2206522/posts?page=17#17

[Seaplaner]

The Cloward-Piven strategy depended on surprise. Once society recovered from the initial shock, the backlash began. New York's welfare crisis horrified America, giving rise to a reform movement which culminated in "the end of welfare as we know it" -- the 1996 Personal Responsibility and Work Opportunity Reconciliation Act, which imposed time limits on federal welfare, along with strict eligibility and work requirements.

This is key, my FRiends.

This is the reason that Marxist Obama is doing such a Crazy Ivan.

He wants to push us into the Full Hugo before peeps wake up and smell the re-education camp.

The alleged "stimulus" package is a fine example. The last thing they wanted was a debate, or even hesitation.

Obama's entire "change" plan for us depends on his own Stalinistic surge; and if it's delayed, he's lost the element of surprise.

Perhaps some, you know Republicans in Congress might address this some day.

Nah.

.

[lonestar]

ping

[Trailerpark Badass]

bfl

[tcrlaf]

A BETTER place to look at would be how many MAKED SHORT SALES were outstanding on Indymac in the days leading up to the IndyMac collapse...

[Dick Bachert]

Never trust a guy who looks like he had a lead role in “Who Framed Roger Rabbit.”

Chucky seen here fresh from his starring role in “Who Screwed the American People (Again!).”

[ChessExpert]

Thanks!

[ConservativeMind]

Boy, he sure looks like he likes his fudge, from that photo.

[TheThinker]

This would be a Pulitzer prize winning blockbuster of a story if Schumer were a Republican.

Democrats are slicker than Republicans and have more sway over the press. They don't make their involvement too obvious and the media then looks the other way, guaranteeing they get their way.

[TheThinker]

IndyMac was taking market share away from JPMorganChase and Citigroup. This was an orchestrated hit. IndyMac never knew what hit it. It had no lobbyist in Washington and no PAC.

Indymac was growing too fast and didn't give the Dems their expected handouts. Down they go, there will be no independence in this economy.

[TigersEye]

btrl

[jws3sticks]

This will be the story of our lives for more than the next 1.300 days. OMG!

Charlie's boyhood pal. Only his pal knows for sure!

Heaven help us! He's still at but has changed his "pals"!

Here's the "Heaven Help Us" photo of the life time, with Zer0's appointment to lead GM going forward.

One can only note that MM is more efficient than Charlie, as he uses both his finger and his thumb.

[Diogenesis]

"As Democrats, we are ALL "above the law"."

[Just mythoughts]

Look who wrote the checks to fund Schumer’s political campaign(s). These same people he then took their dollars and pulled the rug right out from under them. And yet I do not hear the ‘community activist’ drum beat out of these people who paid for their candidate, now demanding retribution for having their lobbying dollars used to literally destroy their wealth.

[topher]

Chuckie Cheeze Schumer at work...

Maybe he did not get any kickback money from the bank, so he attacked the bank...

Gotta greaze those sweaty palms of Chuckie Cheeze Schumer...

After all, that is what "Palm Sunday is all about to Chuckie Cheeze Schumer -- getting money into his greazy/sweaty palms...

[Taxman]

Thanks. Very sobering.

Have you knowledge of a counter strategy to Cloward-Piven?

Or are we just going to have to bend over and take it?

[sheikdetailfeather]

They need money to dole out welfare. Tax money. Especially now.

[Man50D]

Have you knowledge of a counter strategy to Cloward-Piven?

Yeah, they're called tea parties.