House Speaker Nancy Pelosi just couldn’t resist trying to put the blame on President Bush for the current financial crisis. She said:
“When was the last time someone asked you for $700 billion? It is a number that is staggering, but tells us only the costs of the Bush administration’s failed economic policies — policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision, and no discipline in the system.”
At least partly, Pelosi’s mouth is the reason many Republicans in the House voted against the bill.
In addition, Pelosi claimed the Republicans were ‘unpatriotic’ for not showing up at a meeting – about which they didn’t know, and to which they were not invited.
When you are trying to get someone to vote for something, especially something you really, really want to have happen – you don’t tell them how it’s all their fault and call them names. Especially before they cast their votes.
At best, Pelosi is an idiot for slinging mud when she didn’t need to; untruthful mud, at that. At worst, she really is as stupid as she sounds. It’s got to be one or the other. Maybe both.
Whether this bill is the right solution, I don’t have the expertise to have a valid opinion. So I’m not really for or against the measure, except that I definitely do not want a depression.
But I do know stupid when I see it. And I will bet you good money that Pelosi will now turn around and blame the Republicans for the failure of the measure to pass. Thereby perpetuating her stupidity, and destroying any chance for a bipartisan solution.
Relating to blame for the actual financial fiasco inself, I’d like to restate some things I’ve already pointed out:
Five years ago, President Bush tried to get legislation introduced that would have provided oversight for Freddie Mac and Fanny Mae. The Democrats blocked his attempt.
Two years ago, Senator McCain tried to get legislation introduced that would have provided oversight for Freddie Mac and Fanny Mae. The Democrats blocked his attempt.
Fannie Mae and Freddie Mac give campaign contributions to many congressmen. The top three, in order of amount of donation, are: Christopher Dodd (D) $165,400, Barack Obama (D) $126,349 and John Kerry (D) $111,000.
And, yes, there are Republicans on the list, too. John McCain comes in number 62, with $21,550.
DO you suppose, just possibly, the failure of oversight of congress on Fannie Mae and Freddie Mac is because these influential Democrats are on the payroll? Not literally on the payroll, of course, but – on the other hand – these companies gave each of these congress critters more money than I make in two years! So why would they do that if they didn’t expect a return on their money?
Oh, and, has Barack Obama done anything to prevent this? NO, of course not. They were paying him! (Oh, ‘scuse me, they were merely donating to his campaign).
Shucks, Obama’s still not in Washington trying to manage this mess. Obama is still off campaigning somewhere. A sterling example of his leadership skills.
If these facts together do not constitute a demonstration of how Democrats do business, I don’t know what will.
I’m more than a wee bit ticked off at Nancy Pelosi and her self-righteous speech – from everything I can see, the Democrats have way more blame here than the Republicans, who on at least two occasions tried to implement oversight that would have prevented this entire debacle, being stopped BOTH times by Democrats!
But NONE of them are innocent.