Senator Charles Schumer Causes Bank Failure

Democrat Charles Schumer of New York, playing politics with the economy and people’s life’s savings, caused the failure of California’s IndyMac Bank according to a written statement by the Office of Thrift Supervision. The bank was closed today.  Customers can withdraw funds over the weekend using ATMs, debit cards and checks.  The bank will reopen on Monday run by the FDIC as IndyMac Federal Bank, FSB.

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ABC: Obama’s Iraq Plan Has One Minor Problem. It Won’t Work.

On some days, Barack Obama says he’s getting out of Iraq in 16 months.  On some days, Barack Obama says his withdraw from Iraq is up for debate. On some days, Barack Obama says something stupid like he’s going to tell Joint Chiefs of Staff to end the war when Joint Chiefs of Staff have no bearing on the military command structure.

But ABC has gone over Barack Obama’s Iraq plan and determined his confusion about it isn’t the main problem.  There’s another nagging little problem with his plan; it won’t work.  Like, at all.

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LA Times Highlights 28-Year-Old McCain / Reagan Rift

To hear the LA Times tell it, there is no fracture in the Democrat party over Barack Obama’s hard right turn since becoming the Democrat nominee.  All those pissed-off liberals you see tearfully exclaiming “But we thought you were the changey Messiah!” are just an optical illusion.  The printed left-coast version of Baghdad Bob would like to direct your attention elsewhere now, thank you very much.

Contrast this with the assumed rift between the Republican nominee and the wife of a former Republican President as reported in the LA Times.  As evidence, they resurrect a 28-year-old falling out between McCain and the Reagans that conveniently also allows them to dig deeply into the very relevant matter of McCain’s uncontested 1980 divorce.

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Corbett Announces Charges in Bonusgate

12 current and former Democrat lawmakers and staffers have been charged with stealing “millions of dollars of taxpayers funds, resources and state employees for political campaign purposes” in the Bonus Probe known as Bonusgate. Corbett revealed the indictments after an hour-long press conference this afternoon.

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State Bonus Probe Charges Expected at 2PM ET

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Creative Commons License photo credit: mag3737

PA Attorney General Tom Corbett is expected to announce Bonus probe charges against multiple defendants in Harrisburg this afternoon at 2PM.  The probe concerns whether Democratic Caucus legislators illegally paid bonuses to staffers for working on campaigns using public funds.

As expected, Corbett waited until the legislative session was over for the year in order to avoid disruption of state business.