Trump in It to Win It His Own Way
Don't Let America's Biggest Money Managers Play Politics with Your Pension
As Election Approaches, Policy and Party as Important as Personalities
There Is No 'International Law'
Stop the Migrant Invasion
Injustice for All: The Reliance on Cohen’s Testimony Reveals a Desperate Prosecution
Biden Decries a 'Failed Approach to Marijuana' but Sticks With It
Why Is the White House Hiding the Nationalities of Terror Suspects at the...
House Republicans Build Momentum for Election Integrity
The Left Won't Know What Hit Them
Biden Fails to Fire FDIC Chairman for Ten Year History of Overseeing Abuse
More Immigration, More Inflation, More Bankruptcies
Here's When Merrick Garland Will Testify Before the House Judiciary Committee
'Race Is Still Open,' Top Pollster Says

Talking Down the Economy

Of course the Democrats want to maximize electoral gains next year -- and it therefore makes sense that they would want to make conditions sound as terrible as possible in hopes that voters will blame Republicans, from President Bush on down.

But Chuck Schumer has transversed the bounds of decency by having publicly released a letter questioning the viability of IndyMac.  The feds are saying that his letter helped cause the run on the bank that resulted in it having to be taken over by the Office of Thrift Supervision.

Any responsible public leader would have resisted the urge to incite panic among IndyMac depositors, and any legitimate concerns could have been addressed without making the letter public.  But Schumer, apparently, couldn't resist -- and the result is IndyMac's failure, and more headlines likely to frighten Americans.

Good job, Senator Schumer.

Join the conversation as a VIP Member


Trending on Townhall Videos