Senator Chuck Schumer (D:NY) is quite full of himself, and much like our current President, thinks his goings on are much too significant for the likes of us to be concerned with. Schumer and his arrogance could be the poster child for the thought process that government should be making far reaching decisions for the common folk, you know, us with the pitchforks.
In thinking about it, Schumer maybe smarter than we give him credit for. A ranking member of the Senate Banking Committee, Schumer ran off his mouth about the solvency of IndyMac Bank, which in turn led to a run on the bank. IndyMac Bank was the first bank to collapse in the now infamous housing crisis. Schumer denies any wrongdoing. And I'm Buford T. Justice.
The failing of IndyMac was a serious blow to a teetering financial system, which looking back in retrospect is just the sort of chaos which could catapolt a politician with soaring rhetoric, scant experience and a command of economic policy that is embarrassing to the Presidency at a time when this country could least afford unproven leadership.
One thing we do know. Americans are hurting, and Chuck Schumer could not care!
NOTE: INDYMAC IS THE HOLDER OF ONE OF MY MORTGAGES
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