Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Pelosi: Bush Admin Barred Officials From Briefing Congress On Impending Financial Crisis
TalkingPointsMemo ^ | 05/03/2010 | Brian Beutler

Posted on 05/03/2010 12:03:17 PM PDT by speciallybland

Nearly two years after the Wall Street meltdown drove the U.S. economy to the brink of collapse, and forced the U.S. government to prop up major financial institutions with hundreds of billions of dollars, House Speaker Nancy Pelosi now claims that the Bush Administration prohibited its own top officials who were handling the emerging crisis from briefing Congress until a complete financial collapse was only hours away.

In little-noticed statements to reporters over the last few weeks, Pelosi has alleged that the Bush administration knew well in advance of its intervention that the financial crisis would hit, and that Congress would need to authorize a historic and unpopular bailout - but that top officials, including then-Treasury Secretary Henry Paulson, told her that they had been barred from briefing Congress about true extent of the crisis.

If accurate, the allegation could constitute a major indictment of the Bush administration, which may have worsened the crisis and resulting economic fallout by delaying the call for congressional action. Pelosi says the admissions from Bush administration officials that they had kept Congress in the dark came in private conversations between her and those officials in person and by phone. None of the other parties to those conversations would comment for this story. Nor is it clear if the Administration's alleged decision not to brief Congress earlier was a calculated strategy to avoid spooking the already shaky financial markets thus hastening the crisis or, as Pelosi suggests, a political calculation in advance of the 2008 presidential elections, or a combination of the two.

(Excerpt) Read more at tpmdc.talkingpointsmemo.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: 0botpost; assclownpost; bush; liarschoir; oustnancy; pelosi
Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 next last
To: speciallybland

She must be getting desperate to pull that out of her ass.


21 posted on 05/03/2010 12:15:02 PM PDT by Protect the Bill of Rights (Just another loony nationalistic egotist.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GoCards

Die women die!


22 posted on 05/03/2010 12:16:52 PM PDT by angcat (GOD SAVE US!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: speciallybland

just like her claim that she was never advised of waterboarding by the cia....she IS as dumb as she thinks we are....good grief...


23 posted on 05/03/2010 12:20:50 PM PDT by tatsinfla
[ Post Reply | Private Reply | To 1 | View Replies]

To: GoCards

Thanksgiving turkeys don’t fill up with as much crap as Pelosi is capable of stuffing into herself.


24 posted on 05/03/2010 12:20:55 PM PDT by ridesthemiles
[ Post Reply | Private Reply | To 2 | View Replies]

To: speciallybland

HMM that’s strange because there are videos out there of democrats saying there was no problem with Freddie and Fannie which we all know now was the cause of most of our problems. Sorry Nancy no one believes a word of what you say!


25 posted on 05/03/2010 12:21:15 PM PDT by chris_bdba
[ Post Reply | Private Reply | To 1 | View Replies]

To: speciallybland

26 posted on 05/03/2010 12:21:21 PM PDT by scoobysnak71 (Muhammad, the Pedophile Prophet . Looks like they crucified the wrong guy ...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MEGoody

Yeah, like I believe a word Pelosi says. Man, I’d love to slap the botox outta her face.”

How many months do you estimate that would take?


27 posted on 05/03/2010 12:21:44 PM PDT by ridesthemiles
[ Post Reply | Private Reply | To 10 | View Replies]

To: Mr. K
Remember when McCain debated Obama in that supposed town hall debate? Obama goes first and spends his time saying the Republicans caused this economic mess with 8 years of destructive policies. Then it's McCain's turn which you'd think he'd blast Obama and the Democrats for blocking all reforms to regulate Fannie and Freddie. Yet he comes out and says: "My friends, let's talk about earmarks..."

Arrrrrrrrrrrrrrrgggghhh!!!

28 posted on 05/03/2010 12:23:23 PM PDT by avacado
[ Post Reply | Private Reply | To 17 | View Replies]

To: speciallybland

TRANSLATION: It’s STILL Bush’s fault!!


29 posted on 05/03/2010 12:31:43 PM PDT by Oldpuppymax
[ Post Reply | Private Reply | To 1 | View Replies]

To: MEGoody
I’d love to slap the botox outta her face.

What a vision....the San Francisco botox spill..

30 posted on 05/03/2010 12:34:07 PM PDT by Loud Mime (initialpoints.net - - The Constitution as the center of politics -- Download the graph)
[ Post Reply | Private Reply | To 10 | View Replies]

To: MEGoody
Man, I’d love to slap the botox outta her face.

Aw, c'mon, it's the only thing keeping her dentures in her mouth.

31 posted on 05/03/2010 12:36:56 PM PDT by MozarkDawg
[ Post Reply | Private Reply | To 10 | View Replies]

To: speciallybland
Will these morons ever stop..They will blame God for them signing the death Care Bill next..Oh that's right their God is Obama so there is no chance they will blame the true idiot for what is happening,along with themselves..
32 posted on 05/03/2010 12:38:34 PM PDT by PLD
[ Post Reply | Private Reply | To 1 | View Replies]

To: ridesthemiles
How many months do you estimate that would take?

Could take awhile. Maybe it would be easier just to let the Hazmat guys take care of it.

33 posted on 05/03/2010 12:41:05 PM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: speciallybland
If accurate, the allegation could constitute a major indictment of the Bush administration,

And if frogs had wings, there a$$es wouldn't hit the ground when they jumped.

34 posted on 05/03/2010 12:41:10 PM PDT by ssaftler (Arizonans: Doing the job that Americans won't do.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: speciallybland
Let me get this straight, Bush's administration had the inside scoop and no one in congress, including the house finance committee had any clue?

Boy, does this sound familiar! I say bring on the investigation and get all those ratbastards on the stand.........

35 posted on 05/03/2010 12:48:30 PM PDT by Hot Tabasco (Peanut butter was just peanut butter until I found Free Republic.........)
[ Post Reply | Private Reply | To 1 | View Replies]

To: speciallybland

“Botoxed, psychotic, and vicious is no way to go through life, girl...”


36 posted on 05/03/2010 12:54:35 PM PDT by pabianice
[ Post Reply | Private Reply | To 1 | View Replies]

To: MNJohnnie

The National Enquirer is now starting to run stories about the one’s adultery.

Who do you think is telling the truth at this point in time, the National Enquirer, or the MSM who won’t touch this story?

Who reported the story about the Breck-girl when no MSM news source would touch it?


37 posted on 05/03/2010 12:56:40 PM PDT by Diplomat
[ Post Reply | Private Reply | To 6 | View Replies]

To: speciallybland

Let’s not forget that these allegations are coming from the same Speaker of the House who claims to have not been informed by the CIA of the special interrogation methods that they were using on certain detainees — the briefings that others in the House leadership have confirmed WERE given with the Speaker present.

I wouldn’t trust anything this Speaker says, especially when it’s an accusation about the Bush Administration.


38 posted on 05/03/2010 1:02:18 PM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
[ Post Reply | Private Reply | To 1 | View Replies]

To: speciallybland

Just more BS by Pelosi, the liar personified.


39 posted on 05/03/2010 1:28:40 PM PDT by mulligan
[ Post Reply | Private Reply | To 1 | View Replies]

To: speciallybland

Briefing Congress?!? Congress holds the purse strings, Congress created Freddie Mac and Fannie Mae, CONGRESS CAUSED THE CRISIS.


40 posted on 05/03/2010 1:36:32 PM PDT by ez ("Abashed the Devil stood and felt how awful goodness is." - Milton)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson