Pelosi and Emanuel (D-Il). Incompetent losers leading incompetent losers.
An assessment of what happened yesterday from the Wall Street Journal. It’s not entirely accurate blaming the Repub ‘No’ votes on spite over Pelosi’s partisan speech, but it’s a good overall analysis of the incompetence of Pelosi, Congress, and the Fed in general.
America has survived a feckless political class in the past, and it will again after this week. But Monday’s crash and burn of the Paulson plan on Capitol Hill reveals a Washington elite that has earned every bit of the disdain that Americans have for it. This crowd can’t even make sausage.
The 228-205 defeat reflects badly on all concerned, starting with the Democrats who run the House. The majority party is responsible for assembling a majority vote, and Speaker Nancy Pelosi failed in that fundamental task.
Her highly partisan speech on the floor — blaming “right-wing ideology of anything goes, no supervision, no discipline, no regulation” for the financial distress — is no excuse for Republicans to vote no. But it is indicative of the way she has governed for the past two years — like Tom DeLay without the charm. The cynics are saying Ms. Pelosi deliberately tanked the bill by giving 95 Democrats a pass, knowing failure would hurt John McCain, and given her track record we can see why people would believe it.
Get those democrat crooks that made this mess out of the writing of the bill that is supposed to fix it! A guy called Glenn Beck today and had a great analogy. It went like this: If you have a builder build your house and he doesn’t nail the studs together and after you move in the house the house falls down. Would you hire that same builder to build your new house???
We should ALL call our congressmen and tell them to demand the crooks step down from writing the bill to fix this.
PS. This is like putting the fox in charge of the hen house!
Tammy, I LOVE your website. Every post is fantastic. Here’s a big “THANK YOU” to you and Pat, and Maynard, and everyone else participating in getting the truth out to Americans.
I feel like I’m screaming into a vacuum here. This bill’s failure is the greatest thing that’s happened since the amnesty failure. I was singing Hallelujah when it went down. If Wall Street is dependent on gov’t. action, we are in big trouble. But as we saw today, they aren’t.
We’re seeing a settling into a more real market now, not an inflated one based on housing fraud and unnaturally low interest rates. Printing $700 billion dollars out of thin air wasn’t going to do anything except raise inflation rates, which to me is the worst thing about the current economy.
We should be thanking Blinky Pelosi for that speech. But the fact is the bill failed because people melted the phone and internet lines to congress; I was one of them.
What happened to Petulant Pelosi’s hair yesterday? It was lacking it’s dependable bounce. She didn’t have to spend the night in her office actually working did she? And left her hairdryer and chi iron at home…
I was thinking the same thing….Pelosi sabatoged the bailout because she knew it was a bad deal but by allowing a vote she could say the Democrats tried to fix the problem but the GOP tanked the bailout. Here’s why I think Pelosi killed the bailout. The Dems usually stick together when it comes time to voting on a bill. For instance,recently a vote was held on the House floor,on whether or not to allow some oil to be released from the Strategic Petroleum Reserve. Most Republicans voted against it but a sizable number voted for it….while on the Democrat side,not one voted against it. And this same unity runs through many of the Dems House votes.An yet,on the bailout,this famous unity unravels to the tune of 40% of Democrats?! Then I find out that Pelosi was running around giving several Democrats the green light to vote against the bailout,ostensibly to save their seats in Congress,but it seems more likely that she was making sure the rescue bill didn’t pass. And then,the speech she gave right before the vote. Why couldn’t she have waited till after the the bailout had passed,to start villifying the GOP? Are we to believe that she was so naive as to think Republican’s would just sit there with smiles on their faces as she ran them down? Of course not. Pelosi knew exactly what she was doing. And have you noticed there is no anger from Pelosi towards the 95 Dems who voted against the bailout? It’s sort of like she is okay with it. Like if she planned it that way. Also,I was watching Joe Scarbrough this morning and being an ex-Congressman,he noticed that during the House session,Joe Barton,a Republican,when he realized the GOP votes might not materialize as expected,stood up and called for a House procedure which extended the time given to members to vote,hoping to bring more of his GOP colleagues on board. Barney Frank yells out ‘Regular order’,which means,let’s move on. Didn’t Barney and company want this bailout to pass? I don’t now. Something fishy is going on here!
Looking at these pics of these old Dem/socialists reminds me of seeing Darth Vader. How sinister and ugly the dark side turns a person.
UPDATE:
I just read an article that basically confirms my previous post!
http://www.spectator.org/dsp_article.asp?art_id=13967