Comments on Advance Indiana™: Run On U.S. Banks Triggered Before Election To Elect Obama?

I'm a little bit more learned on these matters tha...

2009-02-12T23:54:00.000-05:00

I'm a little bit more learned on these matters than you, IPOPA. Yes, One prominent person can cause a run on a bank when he is a U.S. Senator from New York who sits on a critical oversight committee. The FDIC chairman made it clear that the run on IndyMac occurred after Internet reports of Schumer's comments spread. Interestingly, a Warren Buffett-owned company that insures bank accounts above the FDIC limit announced on September 10, 2008, it would no longer issue such policies. Warren Buffett can cause a hell of a lot of market reaction and he did. The more than $550 billion withdrawal in an or or two took place five days later. Buffett backed and was advising Obama's campaign. We know how Soros brought the U.K. government to their knees with his shenanigans on Black Wednesday back in the 1990s and made billions in the process. That's not the stuff of conspiracies. These are facts. Take off your blinders and do a little research, counselor.

OH! I'm so glad to learn there's no real bank cri...

2009-02-12T22:59:00.000-05:00

OH! I'm so glad to learn there's no real bank crisis. It was just Chuck Shumer's IMPRESSION the Fannie Mac was in trouble that caused all the problems. Had he kept it secret, somehow all the bad loans would have turned into gold with some Congressional fairy dust. AI, I know we've had differences of opinon, but if you think one man, even a Senator, can topple a healthy industry by telling the truth, or that another man can cause a bank run of that magnitude, then you are living in la la land.

The real key was the Bush Administrations' dec...

2009-02-12T22:38:00.000-05:00

The real key was the Bush Administrations' decision to let Lehman Bros. fail... Bush & Paulson elected Obama... McCain could have pushed them to bail out Lehmann -- he was too dumb...

http://firelarrysummersnow.blogspot.com/

That wouldn't surprise me. People like Soros who ...

2009-02-12T13:39:00.000-05:00

That wouldn't surprise me. People like Soros who made billions, and then turns around and criticizes people for doing the same thing he did/does, are morally reprehensible.