Blog @ MoreWhat.com

Before getting to the endless loop that is the entirely politically motivated noise spewing from Nancy Pelosi’s mouth, a brief word on the collective efforts of both stripes in Congress and the fact that nearly every poll on the planet ranks their approval in the teens or twenties. With that fact on the table, how ridiculous is it for Democratic Speaker of the House Nancy Pelosi to dedicate an entire press release on blaming others?

Quite often during the current woes in the financial sector recollections of the savings and loan BAILOUT have been expressed. After the crash of 29 and since many safeguards have been put in place that many agree have aided avoiding another similar disaster. Black Monday in 1987 may be an example of the market’s ability to sustain extreme adverse conditions since the Great Depression. Until the subprime mess and the recent ‘meltdown’ in the financial markets the S&L crisis was probably a faded memory in most people’s minds, including those in Congress, Nancy.

As is the case with most crisis situations every political hack, including you, Nancy Pelosi, cannot resist the temptation to make the story political and pile all blame on the opposition party. The same can be said of your Presidential nominee for 2008. No, not Hillary Rodham Clinton, but Barack Obama who has used this story to attack his rival, Senator John McCain. But Obama may be getting confused or over his head on this story as he announced agreement with the Administration’s efforts to calm the storm and hesitated on announcing his idea of how to solve the problem. Like you, he wants to wait to say that is what I would have done if it works or pounce on the opportunity to make a political statement if it does not.

Simply stating that you represent change as a solution really solves nothing. With no resume’ or list of accomplishments in public service in elected office, Barack Obama’s change would only constitute a different person in the White House which will happen anyway since George Bush is term limited. The change that John McCain offers is based on his long career both in the military and in the Congress. He has actual records that one can access showing his history in government. He has established relationships and the mechanisms required for getting things done. Obama has none of that, Nancy. And YOUR majority in Congress since 2006 has an approval rating in the basement. So get off your high horse and start working with people to get things done.

Need you be reminded of your failed New Direction for America and the laughable highlights such as the most ethical Congress in decades? Stop insulting the American public you claim to champion and get something meaningful done. Your latest fiasco is the empty offshore drilling measure that does not accomplish what is needed and is only another tactic for you to rail on your opponents. Stop throwing the BS and get to work.

Congress’ Approval Rating Ties Lowest in Gallup Records
Bush approval remains near record low
by Lydia Saad

PRINCETON, NJ — Approval of Congress has dipped below 20% for only the fourth time in the 34 years Gallup has asked Americans to rate the job Congress is doing. Today’s 18% score, based on a May 8-11 Gallup Poll, matches the record lows Gallup recorded in August 2007 and March 1992.

from Polling Report, Congressional Approval Ratings
a long list of various polls and dates confirming no one thinks highly of Congress and the job they are supposed to do. That includes you Nancy.

Pelosi Statement on $85 Billion AIG Loan

Washington, D.C. — Speaker Nancy Pelosi issued the following statement tonight on the announcement by the Federal Reserve that it will lend up to $85 billion to the American International Group:

“The Bush Administration’s eight long years of failed deregulation policies have resulted in our nation’s largest bailout ever, leaving the American taxpayers on the hook potentially for billions of dollars. An $85 billion loan is a staggering sum and is just too enormous for the American people to bear the risk; Congress will demand answers to prevent this from happening again.

“I have asked Chairman Barney Frank of the Financial Services Committee and Chairman Henry Waxman of the Oversight and Government Reform Committee to hold a series of hearings that will examine the Bush Administration’s mismanagement of financial market regulation and how it led us to this remarkable failure. The questions we need answers to are whether fraud played a role in AIG’s failure; why foreign stakeholders are not contributing to help pay for the bailout; and why the Bush Administration didn’t use its existing regulatory authority effectively and sooner.

“The American people deserve to know how eight years of Republican government failed to protect their homes, pensions, college saving plans, and other long-term investments. We cannot afford four more years of the Bush Administration’s mismanagement of our economy.”

The above is just another waste of time presented to you by Speaker of the House Nancy Pelosi and the Democratic party. If Obama was elected as President she would focus all her attention on the remaining GOP members of Congress as the reason she cannot get anything done. And Obama would parrot the response as he won’t have a clue what to do if placed in the Oval Office.

Stanford Matthews
MoreWhat.com

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This entry was posted on Friday, September 19th, 2008 at 3:10 pm and is filed under Money Matters, wordpress, Politics, campaign, election, Democrats, oil, obama, Pelosi, Congress, Energy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.