You're saying it's like the timing of the housing crisis (that had been known about for 2 years)...
If it can be shown to me that liquidity had frozen up two years ago, or that it hadn’t frozen up two months ago, I could be persuaded that this topic is similar.
The American people are a savvy bunch. They are able to take a look at Reno, the Democrats, and realize they forced the introduction of the unrealistic real estate loans to people who couldn’t service them. They are yet today trying to keep those types of loans alive, even in the midst of this meltdown.
So I think the Democrats will get some mileage off this situation. And folks learn what they have just forced on this nation, they will lose much more support than they have gained.
Did you like the timing of Charles Schumer, tipping the first domino he knew from insider information was a bank in trouble, causing a run on that bank (Indymac) which started the dominoes to fall at just the right timing for the democrats who were not getting traction since they were being exposed as at fault for the housing crisis?