Wednesday, November 25, 2009

Opinion

Sam Dealey

Nancy Pelosi's Financial Crisis Bailout Partisan Train Wreck

September 29, 2008 06:05 PM ET | Sam Dealey | Permanent Link | Print

Reader Comments

Nancy Pelosi

The biggest roadblock to bipartisanship in Washington and President Obama's success is Nancy Pelosi and her side kick, Harry Reid. They are smug, arrogant, mean-spirited, and have only their own interest at heart. They are the best example of what is wrong in Washington and why government just doesn't work.

Give us a break and get Nancy and Harry on the first train OUT OF TOWN and let President Obama lead.

Bailing Out Failed Businesses

It’s a quite difficult decision for any politician choosing between more bailout packages or letting the free market economic principles take care of the failed businesses, whether it is the financial institutions or automakers. The main focus should be defending the interests of middle-class Americans and creating a stable economic system that will guarantee long-term stability and sustainability. But here we also can face more challenges, since right now the Washington politicians are talking about the second large bailout package. If we bailout financial institutions and other industries again, when are they going to ask for the third bailout package? Or fourth? Maybe this is a time to let free market economy work rather than keep bailing out large, failed corporations? After all, it is the small and medium size businesses that create vast majority of middle-class jobs in America, not the large corporations. Maybe the government is better off to replace banks in lending practices and directly give loan packages with low interest rates to small and medium size businesses? That might work better and have a direct, immediate impact on economy and the middle-class America…

What about accountability from Congress on their recommendation

I've been thinking about this a lot (as we all have) and it just occurred to me tonight... I'm be more than happy to agree with the "rescue" plan if Congress will do two things...

1. Hold themselves accountable (by name... not House or Senate but by individual names) if this thing doesn't work. I want to know who screwed up!

2. Agree to some punishment if their plan doesn't do what they are promising it will do. Punishment and an agreement that they will resign their post... Immediately!

I want to see some accountability before I will agree to this approach.

Pelosi Trainwreck

Your right. Mrs. Pelosi is her own worst enemy and the Democrats are stuck with her. She is an enviromental kook and she is holding up the show. People in Arkansas are having a big laugh at Californias' expense. After all they elected her.

song bashing Pelosi and her bashing of Republicans

All I have to say is:

Oh, Nancy

Dr BLT

http://www.drblt.net/music/OhNancyDemo2.mp3

The song will be "fine-tuned" in terms of fixing the rough nature of the mix, added to my "Lipstick" CD tomorrow at:

http://www.drblt.net

Oh Nancy!

words and music by Dr BLT copyright 2008

Oh Nancy

why do you have to lecture

the Republicans today?

you wear a fake smile

but your fangs are sticking out

why do you call yourself our friend

Oh Nancy, Oh Nancy

Oh Nancy, Oh Nancy

Oh Nancy

you act like Democrats are sheep

Republicans, the wolves

but how many of you Dems

profited from Fannie Mae

you think we do not know?!

Oh Nancy, Oh Nancy

Oh Nancy, oh Nancy

Oh Nancy

you want to be a man

I think you should know by now

I'm not your biggest fan

On Nancy

Partisan with a capital "P"

Oh Nancy

you cause such misery

Oh Nancy

Oh Nancy

Oh Nancy

Oh Nancy

Pelosi speech/bailout

Talk about a hyperpartisan speech! Is Speaker Pelosi really that inept?! Or was it a planned event to yet again, to bash your opponent?

Listen to the voters. We don’t want this bailout, especially in the current (106) page political “double speak”.

I woke up again this morning and, guess what? The sky was not falling, as the DC reps would have us believe, just to rush a vote on an extremely bad piece of legislation!

I suggest, if a bailout is required (which honestly, no one believes is necessary), remove all political “double speak” in this bill; remove all government involvement in the mortgage business; anyone who makes a risky investment, reaps the benefit, or suffers the consequence respectfully; and invoke terms on service in the congress and senate.

I am deeply insulted to hear and see our government representatives say that the “main street” American voter does not realize the seriousness of this economical crisis, if we don’t act now. We most certainly do understand! And that is exactly why we don’t want this bailout!!

PS: Or maybe all the Chicken Little’s in DC can pool their Fannie Mae and Freddie Mac profits and finance the bail out they are insisting on.

The mule and the 2x4

Yep smack somebody up side the head, slander them and ask them to be party to your malfeasance. That will put anyone in the right frame of mind to do something for you. I find great success in that method.

Forget the bailout....

I'm still shocked that the main stream press is ignoring the direct link from: Bailout>FannieFreddy>Obama, Frank, Dodd and Clinton.

They can 'follow the money' to Ted Stevens' barber's nephew's cub scout cake walk. (Not to excuse a scumbag like Stevens.)

But the repeatedly predicted collapse of F&F--THAT our brave Fourth Estate can't follow with GPS and a transcribed confession. No, it's apparently a complete mystery who in congress was flying cover for F&F's shenanigans in exchange for campaign cash. BIG campaign cash.

Between the cynical scum on Wall Street, the ideological imbeciles at ACORN and the Parliment of Whores... how does this crystal clear bit of hindsight completely elude everyone with a TV market share greater than .003?

Off to the fridge for another shot of mylanta....

NOT free market.

Thank you for your comments. We need to remind people that the systems in place with Freddie and Fannie were NOT free markets, rather a slew of government and special interest groups trying to get poor people into stable housing situations where they could accumulate wealth. Take away? Put down your shopping bags, your Gucci glasses, stop getting acrylic nails and hair extensions. Instead, focus on your careers and education, your families, health, and savings.

Bailout

What about the sector of the population that doesn't own homes? What about the people that don't have much of a retirement plan? What about those people who don't have enough money to invest in money market accounts or the stock market? Are they bailing out only certain portions of the population? Why are they spending so many millions of my tax dollars on corporations that I will never have an affiliation with?

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Sam Dealey is a contributing editor at U.S. News & World Report and Reader's Digest. He has written for many publications, including Time, GQ, the New York Times and the Wall Street Journal.

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