Isn't Obama a piece of work? He only wants to go to Germany to copy JFK. What an idiot? Does he think he is JFK? I've got news, I knew JFK, JFK was a friend of mine and Obama is no JFK. Sooo quit being Hollywood Hussein.

Vote for McCain, a man who appreciates and will protect our values.

Why is our government prevent us from protecting ourselves? Out government is controlled by banks and all other corporations, not us.

It's time to get rid of all the incumbents – vote the rascals out – we should be warned !!!!!!!!!

They vote themselves BIG raises, and let us lose our money for their lobbyists.

- They are keeping the U.s energy dependent on oil (unlike Brazil).
- They are driving up the Deficits with funding Wars and Cutting Taxes.
- They are the ones responsible for not stopping 9/11.
- They are the ones that mislead the World on the Iraq War.
- They are the ones that spent all the Surplus.
- They are the ones that inadequately responded to Katrina.
- They are the ones that wont use their oversight to protect the American people from corrupt Bankers and Executives (IndyMac, Enron and etc....).
- They are the ones that did not provide our troops with the proper body Armor and equipment.
- They are the ones that mismanaged the Wars.
- They are the ones responsible for NOT catching Osama Bin Laden.
- They are the ones that made decisions to make the Justice Department a federally funded wing of the Republican Party.

You are correct Mr President e CANNOT let the Democrats be in a position of power in this country look at all they are responsible for. How can people not realize that since they control both houses of congress (The House and Senate less than a VETO proof majority, and the Senate less than a filibuster majority) for a year and a half, that they are responsible. Can't you just imagine the problems we will be in if they had control of Congress for the past 8 years????

We must be like the PUMA's and vote for Republicans!

The next thing I am going to hear is that the gas price is higher because I am saying "gas prices are getting higher", and my saying is causing an oil buying frenzy raising the price.

When will the Dubya administration actually take the blame of the screwup job and stopping blaming us for causing a "Mental Recession".

Our economy – that corporatist led, trickle down idea that spending is the solution to keeping recession and depression at bay – cannot be sustained as it has for the past 16 years.

Reaganomics suggests that adding fuel (credit) to the fire (the economy) keeps it burning. It doesn't. Like a firestorm, oxygen (devaluation of the dollar) sucks all the air out of the atmosphere and all you are left with is the burned out landscape of the failed economy.

And the arsonists walk away, leaving behind the blackened husks of families and the American public.

It isn't about Democrats or Republicans... it's about greedy corporations, the oil industry and the military industrial complex. And McCain= Bush's Third Term.

But hey, enough of my whining.

You are right – it is not all Senator Schumer's fault for the bank run at IndyMac. The fault lies with the House AND Senate for gutting regulations that had been put in place during the Great Depression precisely to try and prevent this from reoccurring. The Fed and Alan Greenspan are also to blame because they kept on insisting that lenders try to make mortgage loans so anyone could buy a home whether they could afford it or not. And let's not forget about the plain greed and unscrupulousness of lenders just so they could show the shareholders a bigger profit each quarter.

Unfortunately, I fear the dominoes are only just beginning to fall and we taxpayers will be left to clean up the mess once again.

First, good republican regulators do not regulate, after all we all know that private sector does such a better job than those in the employ of the government, and all the regulatory agency heads after all are true Red Bushies.

Second, every attempt made by Congressional oversight committees have been blocked refused information or had executive privilgde thrown in their face.

Who do I hold accountable, number one is Bush and his loyal appointees who would rather do his biddig than their jobs. And Second the Republican leadership, yes I said Republican leadership in the House for failing to take action years ago and fix or remove the problem.

Thank you, Senator Schumer.

Bush is the worst president we have ever had.

Consumer confidence 2 1/2 years ago was at an all time high!

Gasoline prices were reasonable 2 1/2 years ago.

I think that it is time that the democrats start taking some of the blame for what they say is wrong with America!!

Watch what happens to Freddie and Fannie next. Congress is bought and paid for by these "companies" because of the slush funds they provide for members of Congress to use as they see fit. In return, Freddie and Fannie get very lax supervision as Congress makes certain know one in the executive branch has sufficient authority tor regulate them properly. Members of Congress should go to jail for the corruption inherent in this relationship.

Congress is institutionally corrupt and many of its members, including Schumer, are a big part of the problem. It would be best if he went to jail but keeping his mouth shut for a change would be helpful, too.

I, as a taxpayer, do not want to bail out the banks, or the people who have had their houses foreclosed on. They took the risks, they reap the cost or benefit.

The federal government has been illegally spending our money for years giving back to people who aren't willing to accept responsibilty for their actions.

IndyMac is a mortgage originator. They generate mortgages and sell blocks of them off to the highest bidder. Overnight, the market changed, and they suddenly found themselves with an inventory of the stuff. However, the mortgages in question were substantially Alt-A loans, not greasy sub-prime loans. They were going to take a loss on those, but it need not have been the death nell of the company.

The fact that OTS hadn't shut down IndyMac is evidence that they were not, in fact, negligent. Schumer's irresponsible actions are to blame, here. Or is his next step to criticize another bank and destroy the investments people have made in it?

If the government bails anyone out, that destroys the free market system. Removing the risk from investments encourages even more foolish investments (as we learned in October of 1929, after the house of cards based on borrowed money for risky stocks collapsed). Let some people lose money in this fiasco of overzealous lending, and the system will be better off in the log run. Next time, the banks won't loan someone $400,000 to buy a house that's barely worth $380,000 (at least not any banks I'd invest in).

As far as Schumer's leaking of a document that may have encouraged a faster-than-expected collapse of the bank, well, that's politics. It's in the best interests of Democrats to have the economy in dire straits on election day. The worse it gets, the broader their smiles will be... just as Republicans will be gleeful after Obama makes things worse. Is it a shame that polticians of both parties act that way? Certainly, but that's what happens when you have politicians, rather than statesmen. Enact term limits and eliminate the perks and you'll get more statesmen.

It is amazing that the Congress does not vote to censure or impeach - too late now – but it will be a long long long time before we will recover from the damage of the Bush presidency ... and we may never recover (perhaps Bush was Nero in a past life)

We need stronger regulation for our Credit/Banking and Real Estate industries.

DEMOCRATS UNITE!!!

Sure, it would have been great if the communication had been kept secret, but frankly doing so has done nothing to increase enforcement of regulations.

Fact is, there has been ABSOLUTELY NO DESIRE TO REGULATE ANYTHING during the Bush administration. What is happening in our housing markets, financial markets, and energy markets is directly related to a historical policy of easy credit (which began in earnest after the 9/11 and the tech crash) and an absolute abdication of any regulatory enforcement in banking, housing and wall street.

We are now reaping what we've sown while CEOs get golden parachutes as they "retire." It's not all Bush's fault, but it has been worse under him than in several generations.

I say thanks to my senior senator for expressing worries about our asleep-at-the-switch bank regulators. Far from "interfering in the regulatory process," Schumer suggested that these clown institute the regulatory process!

INDYMAC has been falling behind for at least TWO YEARS and now the chickens come home to roost.

Keep up the good work, Senator Schumer. I bet these regulators have been working late ever since you pointed out the obvious – that they haven't been working at all!