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What do you think: Nancy Pelosi for president?
Speaker of the House Nancy Pelosi's speech to Congress about the financial bailout proposal was so spot-on, so intelligent, so full of common sense and perspective that some are crediting the California Democrat with stopping the $700-billion Bush bailout bill in its tracks. Watch these videos and see if you don't wish this woman was running for president. Or at least vice president. Obama/Pelosi might have been such a winning ticket that we could have been spared this spectacular flame-out of Alaska Gov. Sarah Palin. What do you think? Do you admire Pelosi? Do you agree with her on the $700 billion bailout? Would you like to see this woman on a presidential ticket?
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Yes!
SHE IS ANYTHING BUT A LEADER SHE IS THAT PIG WITH LIPSTICK THEY KEEP TALKING ABOUT,JUST ANOTHER THEIF
Nancy Pelosi is right up at the top of the list of reasons Congress has a 10% approval rating. She's the worst excuse for partisan deadlock in recent history.
How clueless are you? This is the least accomplished Speaker of the House ever! She is an overly partisan moron who will destroy the Democrats one legislative failure at a time. You obviously have no historical perspective on Congress. This current crop of legislators are a collective failure and Pelosi is their hapless ringleader.
It is frightening that people with such a limited world view are given media outlets to espouse your uneducated viewpoints.
Thank you for encouraging us to see Pelosi's actual comments. After hearing the republicans whine about how partisan they were, I imagined she would sound like a right-wing talk show host. On the contrary, she's just telling it like it is. But I don't think she'd get much support on a presidential ticket. Too many people could never fogive her for taking impeachment off the table.
You're kidding...right?
She's an idiot? It's all the republicans fault....right...you're a toady
On November 12th, 1999, Bill Clinton signed the repeal of the Glass-Steagall Act of 1933. What that did was allow commercial and investment banks to consolidate. Now, banks began trading and underwriting assets called mortgage backed securities, CDOs, and SIVs, all of the toxic waste that's coming home to roost today. That was after a one-year, $200 million lobbying effort by the Democrat lobbyists to put this thing through and it was done in opposition to the Congressional Research Service's own report, the information is out there, all anyone has to do is go do a Web search for Glass-Steagall and repeal. It is unbelievable that the Democrat Party is trying to lay this at the at the foot of the Republican Party when it was Bill Clinton and Democrat lobbyists that pushed this thing through.
Plus, the Democrats refused to listen to George Bush when, in 2003, he "recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago."
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
Here's Barney Franks response: "These two entities - Fannie Mae and Freddie Mac - are not facing
any kind of financial crisis". "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
Mr. Frank didn't realize affordable housing only works if the people getting the loans could actually afford the payments.
In 2006, John McCain joined as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore his support for quick passage of GSE regulatory reform legislation. He stated, "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."
Why is it the media doesn't pick up on these facts.
She's part of the problem...not a solution. lucky Obama didn't pick her.
By the way, you suck!
You're a tool!
She's an idiot...no wonder California is so jacked up between Nancy Pelosi Maxine Waters, Lynn Woolsey, Diane Watson and Barbara Lee.
Pelosi?! I don't know which is worse: Pelosi in the White HOuse or Gavin "Let 'em get away with murder" Newsom in Sacramento... and I've lived in SF all my life.
Pelosi should not be put up as an icon - she is a shrew out to blame everyone but the real culprits in this debacle. Barney Franks was head of the committee to oversee the banking industry but yet this is the republicans fault? She blames Bush for the state of the economy but who could have forseen 9/11 and the market troubles that brought? He had to deal with the problems that stemmed from Clinton's 8 years.
I am absolutly shocked at her lack of leadership and insight and inability in a time of crises to move past her usually polemics inorder to lead a bipartisan
move to get past this very real crisis. I am usually an independent......but am disgusted with the Dems, when they have been in control of both houses of congress and Sen. Dowd and Congressman Barney Frank have headed the two most powerful committees charged with the oversight of Fannie Mae and the SEC
and incessantly seek to shift the blame. Sounds like something my 10yr old does!
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