Get In Line, Because I'm Hunting You Down
New York Senator Chuck Schumer (D) is in line for a little taxpayer ire this evening too.
Senator Schumer's Official Website, August 16, 2007
Last Tuesday, Senator Schumer wrote a letter to James B. Lockhart III, the director of the Office of Federal Housing Enterprise Oversight (OFHEO), urging him to consider temporarily raising the limit on purchases of home loans by Fannie Mae and Freddie Mac in response to increasing concerns of a credit crunch spilling into the broader mortgage market. Raising the caps would allow Freddie and Fannie to provide much needed liquidity in a mortgage market that is drying up for all lenders—including Countrywide, the nation’s largest mortgage lender.
Then he went on to cover his narrow ass. This man endorsed and historically voted for substandard lending practices, asked for this travesty to be extended when he knew it was tanking and then had the unmitigated gall to blame Bush for not making more risky moves to bail his party out of their own self made, vote buying, pigpen.
Here's Schumer's latest press releases. No mention of the current Fannie/Freddie induced meltdown or bailout, plenty on his pork barrel earmarks for New York. You've got to love his home page on frequently asked questions, first out of the shoot.....
"How can Chuck help me?"
I'll tell you how you can help me Chuck. Start acting like a responsible, Goddamn grownup who's been elected to oversee America's best interests. A little fudiciary responsibility of our tax dollars would be nice too, you grubby little worm.
Daphne
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Nice one Daphne.
Schumer already caused the collapse of one bank by shooting his mouth off to the press. Now Barney Frank has caused a crisis in the insurance industry by stating that an unnamed firm is close to bankruptcy.
The most dangerous act in America is to stand between Chuck Schumer and a TV camera.