Can someone please ask Pelosi why she continues to have a man who admits to not knowing about the tax code in charge of THE TAX CODE???
Posted on 09/15/2008 11:50:36 AM PDT by Sub-Driver
Press Releases Contact: Brendan Daly/Nadeam Elshami 202-226-7616 For Immediate Release 09/15/2008 Pelosi on Financial Market Turmoil: We Cannot Afford to Continue Failed Republican Economic Policies
Washington, D.C. – Speaker Nancy Pelosi issued the following statement today in response to the troubling news in the financial markets:
“In the midst of a dire economic situation, President Bush this morning characterized recent market developments as an ‘adjustment’ that can be painful for investors and employees of the firms, while Senator McCain said the ‘fundamentals of our economy are strong.’ President Bush, Senator McCain, and their Republican Party are out of touch and apparently ill-equipped to get our economy back on track.
“Millions of Americans are feeling the pain of eight years of disastrous economic policies – job losses, foreclosed homes, reduced home values, eroded pensions, high gas prices and compromised financial futures. We cannot allow the economic policy failures of the Bush Administration to continue to jeopardize the financial future of millions of Americans.
“Eight years of weakened regulation of our nation’s financial system – including a failure to regulate risky, and often predatory, lending practices – by the Bush Administration and Republicans in Congress have led us to this point, and could further erode our nation’s economic health.
“The New Direction Congress passed a bipartisan economic stimulus package earlier this year, and this summer, we passed the most far-reaching reform of the nation’s housing finance system in a generation. The House will soon take up another economic package that will create jobs and address some of the most immediate consequences of the Administration’s serious mismanagement of our economy. I hope the Administration will come to the table to do the hard work of helping address the pain of everyday Americans and begin to stabilize and grow this economy again.”
Nine Percent Nan speaks.
Exactly! And she is doing what? What legislation?
Lets blame someone.
How about the jerks that ran Lehman?
She wants the economy to succeed as much as she wanted the Coalition to win in Iraq.
I should point out that since the democrats have taken control of congress the economy has tanked. Statistics prove that two years ago the US economy was going just fine?
I should point out that since the democrats have taken control of congress the economy has tanked. Statistics prove that two years ago the US economy was going just fine?
Well, 9% Nancy, tell us what legislation to prevent this situation you promoted in the last 2 years as Speaker of the House ?
This stanky wench makes my skin crawl.
The dems and their buddies in the media are rrying to find a “crisis” to get the steam back in the Obama campaign.
I guess the “MARKET IS IN TURMOIL” is going to be it for this week.
What a corrupt bunch of slags.
Raising capital gains tax, raising the dividend tax, raising taxes on income over 250,000 dollars, increasing union participation, increasing environment regulations, increasing protectionism is the way to solve the financial turmoil.
ELECT OBAMA NOW.
And, yet how many pieces of legislation has she tried to push up to the president for approval let alone to the floor for discussion?
Too bad Charlie Gibson wasn’t there to grill her on specifics, like what have the Dems done since they were in control?
(Then again, Gibson is like that troll guarding the bridge in Monty Python and the Holy Grail - lobbing softball questions to Obama (WHAT is your favorite color?) and tough ones at Palin (WHAT is the average flight speed of an unladen swallow?).
Dem strategy has been to lay low, do nothing except attack Bush, and wait until they have a Dem president and huge majorities in Congress. But since the Palin pick and the Obama anb media meltdown, that’s looking less and less likely. I hope!
Central planning?
Can someone please ask Pelosi why she continues to have a man who admits to not knowing about the tax code in charge of THE TAX CODE???
But you could point out that Freddie and Fanny were BIG money backers of the Democratic Party. But they wouldn’t like that known.
I guess Nancy forgot it’s her party in charge. Gas has gone up $2 a gallon since they took over. She wonders why congress has an approval rating of 9%.
This woman doesn’t have a clue.
It was the Democrats who pushed for the banks to fund all those subprime loans. You know, so the poor people could get in on the real estate bubble too.
Bubbles burst. This one’s all theirs.
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