Myth, we’ve done that one before on Free Republic.
http://www.freerepublic.com/focus/chat/3014213/posts
A reliable source shows that the picture is from 1951 and was taken in Los Angeles. At the time, Nancy D’Alessandro (Pelosi) was about 11 years old and living in her native Baltimore. The apparent source of the photo and explanatory material can be found at:
Along For The Ride
http://johnstraub.blogspot.com/2012/05/boulevard-beauty-queens-muller-bros.html