Posted on 10/03/2008 2:21:02 PM PDT by NormsRevenge
WASHINGTON (CNN) -- Following the passage of the economic bailout bill Friday, House Speaker Nancy Pelosi said congressional hearings are planned to find the causes of the crisis and to determine "where we go from here."
"We were dealt a bad hand; we made the most of it," Speaker of the House Nancy Pelosi said Friday.
She said Congress will shine a new "light of scrutiny and accountability" on the nation's financial system to try to prevent a replay of the problems that plunged the nation into an financial crisis.
Reps. Barney Frank, D-Massachusetts, and Henry Waxman, D-California, plan to hold hearings to increase scrutiny of the financial system, Pelosi added.
"We want to take our country in a new direction for the middle class," Pelosi said.
Frank told reporters Friday that starting in January, Congress will "have a major role."
"We have to rewrite housing in America. ... It would be highly irresponsible if we were to stop here," he said. "Now we have to perform more serious reform."
(Excerpt) Read more at cnn.com ...
“scrutiny and accountability”, yeah, Nance - you’d save a lot of time and taxpayers’ money on these hearings if you, Old Barn, Dingy Harry, etc. would just take a look in the mirror. There’s your culprits, you stupid cow!
So I proceed to read and danged if I wasn't right. He's guilty as sin to me and yet he's going to judge others?
Well, I hope the accused bring in lots of paper with Frank's name all over it.
It may take until January to find a Republican to blame this economic crisis on. There must be one somewhere.
What?!! She’s not going to but Chuckie “No Tax For Me” Rangel in charge of this? Why not?
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