In Financial Crisis, Pelosi Chose Politics Over Statesmanship, Killing Bailout

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No need for Pelosi to spend more of our hard earned tax money to have an investigation about how the economy failed. We have learned all the reasons why on The FOX NEWS Special regarding The Economy this weekend, and we know now that Pelosi and Barney Frank and Obama (with his other crooked friends in low places), along with the majority of the other democrats were the main part of the problem. Had they all listened to President Bush and McCain a long time ago, none of this would have happened ! We are all wising up out here. Shame on all of you big pork spending pigs with no brains or consience. Every time I have to hear you democrats lie (which is every time you speak) is like watching yet another episode of "As The Stomach Turns." And by the way....shame on you Republicans for being such whimps and not standing up to the Democrats and insisting that things get fixed a long time ago !! We really do need to clean house and get some new representatives who have an educaton in ecomonics and who care about their citizens who voted for them. Thinking of voting Libertarian now , just to send ALL of you losers an even stronger message. WHEW!!!

D.Kissee' of AZ 3:12PM October 05, 2008

Out of control spending and poor fiscal management has been the ear mark of the Democraps and the Republicons. If you expect this bail out to fix the root problem in this countries economy, you are badly decieved!

Thats like me expecting that my quarterhorse mare will suddenly turn into a thoroughbred stud! It just aint gonna happen.

I have always taken issue with Nancy Pelosi, but I find myself on unfamiliar ground here, for I agree with her, that we should not bail out the high rollers of Wall Street! Yet, it was, in fact the Clinton Administration who fathered this current economic crisis! I quote:

The Real Culprits In This Meltdown

INVESTOR'S BUSINESS DAILY

Posted 9/15/2008

Big Government: Barack Obama and Democrats blame the historic financial turmoil on the market. But if it's dysfunctional, Democrats during the Clinton years are a prime reason for it.

Obama in a statement yesterday blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the "trickle-down" economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend.

But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street's most revered institutions.

Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties.

The untold story in this whole national crisis is that President Clinton put on steroids the Community Reinvestment Act*, a well-intended Carter-era law designed to encourage minority homeownership. And in so doing, he helped create the market for the risky subprime loans that he and Democrats now decry as not only greedy but "predatory."

Jordan of 4:30PM October 02, 2008

I would rather watch it all go down in flames than to support one more move toward socialism. Does anyone even read things like the constitution anymore? I am sick and tired of the entitlement mentality that has taken over this once great country. If you think you would live better in France, move. I know many of us out here doing all the work and never asking for entitlements will help you pack! The tax payers owe neither people to sorry to improve their own life by working or the corporations with the lobbyist who have stolen our congressional leadership.

Yes, life is hard. Yes, you have to work. Yes, lying on your couch will not help you get ahead. It seems like every one wants to blame the rich, at least they are working; unlike our Congress and the entitlement populace.

The media, that’s a joke. I think Hitler had about the same objectiveness in his news papers. How about the truth; not the YELLOW journalism that is practiced today? I do not appreciate the news and the journalists trying to brain wash me or my daughter. My daughter asks if she could take Journalism in high school this year. My answer to her was no and my reason, I explained that I had no desire for her to learn to lie and twist the truth from her teachers. Politicians and Journalist will be the death of this great nation.

Lisa M. Rhodes of IN 11:28AM October 02, 2008

repubs got hurt that pelosi gave a partisan speech ? the repubs are responsible for all the mess. nobody feels sorry for those crybabies. they are happy as long as they get lobbyist money and screw the country. these are elected but no leadership skills.

stacey of NH 9:59AM October 02, 2008

You make it sound as though the House Republicans are a bunch of 11 year old girls who are like, totally too sensitive.

If the Dems were to pass a partisan bill, it wouldn't look like this bill at all. The Republicans made this mess, and they want the Dems to fix it, because the fix is going to cause some pain. Then the Republican'ts can do their usual finger pointing.

The Republicans need to be sent to the back bench where their skills are useful. They have proven they simply can't lead. Their failures are all around us.

Ed M Simon of 5:13AM October 02, 2008

For 32 years, I was a Democrat (probably best described as a Clintonian). Thirty-two years. I no longer recognize this Party. What was most noble about it seems to be gone. Hate of anyone who thinks differently, anger, ambition and unwillingness to take responsibility for Democratic actions seem to have eroded its soul and its "leadership" (and I use that word wrily in this case).

On my 18th birthday, my father, he of the Roosevelt, JFK and Hubert Humphrey Happy Warrior Democrats took me down to our town hall to register. It was a different animal, then. There were room in that Party for all types of Democrats.

Nancy Pelosi promised us on the night she became Speaker of the House that we all would be welcomed into the Party again. Not just "Progressives", but centrists and conservative Democrats, too. She said Harry Reid would be her partner in that. They have broken their promise. There is no room for diversity in this Party, and, worse, she uses every bully pulpit she can find to preach division and intolerance not just among Democrats, but also among Americans.

This Democratic "leadership" is an absolute disgrace. It is devoted to love of the left-hand side of the Party, not love of country.

I had enough this week during this circus. I changed my party registration to Independent. I had been thinking about it for a year or two. I finally had enough, watching the blatant electioneering on the parts of Nancy Pelosi, Harry Reid, Barney Franke, Chris Dodd. It made me ill, watching them use this occasion of the suffering of so many Americans in order to campaign, cheaply.

It wasn't an easy thing to do, to leave the Party of my family, the one I'd been loyal to my entire life. But I can't be associated with these at the top of the Party and be at peace with myself. I am ashamed of the way these top Democratic members of Congress treat some of their countrymen. I hope I'll be able to come back to the Democratic Party one day, after Nancy Pelosi and Harry Reid have retired. I hope that I and millions of other moderate and conservative Democrats will be welcomed within it, as we had been for generations, someday again.

Brokenhearted of CT 3:41AM October 02, 2008

Sam, you are correct. I support Obama,but Pelosi didn't help matters in one of the most critical votes in American history. What was she doing? If ever there was a time to be non-partisan, this was the time.

Furthermore, she didn't have a sense of how many votes were against before going foward with the vote. Way to be a team player, Nancy.

She should take a lesson from her counterparts in the Senate, who got the job done with ease tonight. McCain,Obama, and Biden all voted for the measure that passed 74-25...very good.

History will not look kindly her efforts.

Obama/Biden 08

.....and a new Speaker of the House would be nice...

Larry of MI 10:43PM October 01, 2008

this bill wasn't going to pass... granted, it was a bad decision on pelosi(who needs to go for other reasons)'s part but to blame her for the collapse....no way...look at the numbers on the hill...

shes not a good speaker of house, but she isnt to blame for this

J of MT 7:44PM October 01, 2008

That's was people are so sick of. As important of a matter as this bill was for the American people she had to get her little political digs in. How immature not to understand that the taxpayer didn't want to hear her partisan comments just before a vote that was about - THE PEOPLE not Democrat or Republican politics. Yes, the people, does anyone in Congress remember who we are? People like her & Franks need to go and any others like them Republican or Democrat. What is this country coming too? Congress on both sides are a joke. We better wake up. It's time for the "Old Washington" crowd to go. We need new ideas, people that will fight for us. Politics will be the ruination of our country. Hopefully, in the future we will have a viable independant party to choose from. After awhile they all sound alike. PLAY THE BLAME GAME. That's all they do. Grow Up Pelosi - Americans are sick of the Nanny, Nanny Boo Boo games.

jan of TN 1:15PM October 01, 2008

Let's get the facts correct.

The GOP members voted against this bill.

So their idea is, if the bill is approved and fiscal situation improves then they can take the credit and if the situation doesn't improve, they can say that they voted against. Republicans are angry that democrats didn't overwhelmingly pass the bill that the Republican president wanted. Great!!!

RA of 1:13PM October 01, 2008

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Sam Dealey

Sam Dealey

Sam Dealey, former editor of the Washington Times, is a principal at Monument Communications, a public-relations consultancy in Washington, D.C.

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