Posted on 09/16/2008 4:35:53 PM PDT by Sub-Driver
Pelosi orders wide Wall Street probe By: Mike Allen September 16, 2008 06:58 PM EST
House Speaker Nancy Pelosi has ordered a broad, swift investigation of Wall Street and will demand testimony from Bush administration officials and captains of finance, congressional officials said.
House Democrats plan an aggressive look at the administrations role in this weekends meltdown, and explore further regulation and government structures that would be taken up under the new president.
Republican aides accused Democrats of trying to shift blame with a series of show trials, but acknowledged that key officials will wind up cooperating.
The hearings will take place over the next few weeks, the officials said. Treasury Secretary Hank Paulson, who regularly appears on Capitol Hill, will be called to testify as part of the investigation.
As the main event, Rep. Henry Waxman (D-Calif.), chairman of the House oversight committee, wrote to Richard Fuld, chief executive of the imploded Lehman Brothers, to ask him to appear on Capitol Hill on Sept. 25.
(Excerpt) Read more at politico.com ...
Where are the aliens and their spaceship when you need them?
I can dream can't I?
If Nazi Pelosi wants to start with Obie’s economic advisor, little Frankie Raines, it’s fine with me.
Republicans need to grow some balls and go after her and the rats - the best defense is a good offense. Expose how the liberals were getting back room deals from Freddie and Fannie Mac. How the dems were pocketing from the fat cats on wall street how they gave them sweet deals and looked the other way.
Who the hell has been running congress for the last two years? The democrats - we need to take it to them and quit runnning from these filthy leftists. If the Republicans can get rid of the RINOs who will stab us in the back then we can expose the left for what they are - lying filthy racist hate filled communist baby killers.
Partisan witch hunt coming up.
The leftists will portray this as “all capitalism’s fault” when it’s the socialists in their party most responsible.
But the press will aid and abet the fraud to get their messiah elected and increase the power of the state to create more such messes as this.
Again Pelosi forgets what party she belongs to!
THE CHICKENS ARE COMING HOME TO ROOST!
Why don’t we look at all the money raised by Chuck Schumer and the DSCC from 1/05 through 12/06, the dems raised twice the money we raised from Wall Street, not to mention the FACT that most Greenwich, CT and vicinity Hedge Fund managers have endorsed and contribtuted to Obambi’s campaign.
I agree that, like always, the GOP has been slow to react. Obama/dem party is out telling lie after lie...and the end result is that McCain/GOP are on defense. Fanny/Freddy fell last week, yet McCain is just now talking about how Obama was one of the biggest recipients of their money. Why were no ads put out for last weekend’s cycle? It’s so damn frustrating.
she did they found her brain
Correct. Once people see that both parties have long been up to their necks in this sewage, it will change the debate drastically.
And it will make McCain look good.
So Pelosi is going to get together with her party’s big money contributors(the real culprits in this entire mess) on Wall Street to blame everything on Bush and the Republicans.
This is pure corruption...... scapegoating the republicans while the real crooks get off free to contribute millions more for years to come to the Democrap party....
McCain and Palin should take to the stump (and the airwaves!) demanding subpoenas for Gaines, Johnson & Gorelick...if the 0/Biden campaign can spare them.
If she’s going to blame Bush once again she better include Clinton, Obama, Dodd, Andrew Cuomo, and Greenspan for starters. Pelosi is a hypocritical moron! This is a Democratic creation! Police yourself instaed of blaming others!
Bush could have defeated this effort early on by cleaning the alphabet agencies and Justice of Rat traitors and initiating this investigation earlier, then announcincg the list of DemoRats indicted right after Nazi Pelosi's press release.
What we really need is a wide-ranging Pelosi probe.
They’ll just say that forgetting to perform the proper oversight functions was just...an...oversight.
This is an opportunity for Republicans to go on the attack against Pelosi, Obama, and their fellow Democrats in respectable organizations like Fannie Mae. Or it’s a chance for Republicans to hand over both the nation’s economic policy and the election over to the crooks who helped put us in the state we’re in now. If Republicans don’t stand up for what they’re reputed to believe in and defend it, they will get defeated by corrupt idiots and demagogues like Pelosi and Reid.
BUMP
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