Chuck U. Schumer Destroys Bank, Blames Republicans, Hides Behind Voters’ Collective Amnesia

This cautionary tale is a variation on The Limbaugh Theorem, whereby a powerful progressive Democrat politician runs his big, ignorant mouth about a private sector situation, creates a disaster, then stands aside and clucks about the problem, whilst blaming “sinister, invisible forces” in the GOP for the problem.  Starring Chuck U. Schumer and the ever-lovable and brilliant Elizabeth Warren, this tale reveals economic destruction caused by a meddling progressive politician who has managed to evade all penalties for his actions, let alone accepting any blame. Back in 2008 there was a major bank named IndyMac.  This bank worked with Fannie … Continue reading