This accusation against Harry Reid does not come from me. It comes from Jim Cramer (yes, CNBC, specifically calling Harry Reid worse than CNBC, which is as bad as it gets). Okay, the colorful, if exactly correct language is mine. The accusation is Cramer's.
Insurance companies sold off on Wall Street today, costing people millions, probably billions, of dollars. The panic was so bad that major insurer MetLife had to issue a statement that its financial strength is sound. WHY did this happen? Well, Cramer told us why in his program tonight (shades of Charles Schumer, another Democratic Senator, bringing down IndyMac bank).
It turns out that Democratic Senate majority leader tried to "double down" on the campaign of blackmail and extortion to intimidate the House into passage of this disgraceful Wall Street bailout. See my previous entry (you never doubted me, did your?).
Reid actually said today that unless Congress calmed the markets, a "major" insurance company was going to go under. Cramer had no doubt about Reid being responsible for today's sell off of insurance stocks on Wall Street. Selling fear has its foreseeable consequences. But Reid does not care. H is the man who cost American lives in Iraq by saying the war was "lost", and similar things.
Cramer--never very calm--was livid on his program this evening. He looked ready to call Reid out for a duel, in calling Reid's action "irresponsible". Cramer said (almost a direct quote): "Why not just go yell FIRE!!! in a crowded theater, while you are at it." Cramer was calling Reid an evil man, in every sense but actually using that word.
There is just no doubt: Harry Reid is probably the most evil man ever to serve in the United States Senate.
These fear mongers like Reid are trying to scare both you and the markets to death--using fear, extortion and blackmail as a political weapon.
You should despise them (forever). You should despise anyone who votes on their side, for this Wall Street bailout bill.
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