Monday, September 29, 2008

I Can't Believe Nancy Pelosi Voted Yes!

Watch Nancy Pelosi's floor speech.

She gave a speech I thought was going down as one of those awesome historical speeches that shows that our representatives have woken up. As cheesy as this sounds (ok, as cheesy as this is), I was close to tears because I was finally seeing someone in a position of power acknowledging that the $700 billion cash grab is the final blow of the ultimate scam that the Bush administration/The Club is trying to pull off. She even gave a solution to the financial disaster that would only cost $35 billion and seemed like a great idea. I was thinking, "Thank God! They are finally catching on! The Speaker of the House isn't one of them after all! "

And then she said it was a good enough bill.

And then she voted for it.

Seriously? Seriously?

4 comments:

Anonymous said...

I know, Jen.
Politics is such a pathetic, perverted game it makes you wonder why anyone could stand to get elected. Yet...someone has to try to deal with the real problems and pain this evil president and his fatcat cronies are causing us.
So some of our really decent representatives are damned if they do something, and certainly damned if they don't. But, then, THAT WAS THE WHOLE POINT IN SENDING SUCH AN OUTRAGEOUS PROPOSAL TO CONGRESS IN THE FIRST PLACE, and AT THIS TIME. (The money is simply the means to the end and probably somewhat incidental: try to totally discredit our duly elected representatives, and assume all power to the executive.)
It's not going to happen -- but it doesn't mean there won't be a lot of pain on main street in the attempt.
We just gotta try to rise above as best we can and keep a happy heart.
And I agree it was refreshing to hear Leader Palosi speak some truth. How often our leaders have to hold their noses and just vote for the thing, because there would be more pain, than less, otherwise. Sorry, Jen, ...it seems to me that's just how it is.
Take care,
..Rock

Anonymous said...

Hi again Jen,
The more I hear the more I am convinced this is another FDIC contrived credit crisis. (If memory serves, I believe a similar crunch was instigated by papa Bush as well.)
So I change my view and am now of the same opinion as you. This is nothing but a huge pile of crap -- no matter how much lipstick ANY politician puts on it!
Lets hope whatever the best way forward is, it's more gentle than what 'they' are attempting to scare us into believing. In the meantime, lets find and hold to the happiness in our hearts!
Keep strong.
..Rock

Jen Clark said...

The more I hear the more I am convinced this is another FDIC contrived credit crisis. (If memory serves, I believe a similar crunch was instigated by papa Bush as well.)

Honestly, Rock, I don't know what you are referring to. I was 10 years old when Papa Bush left office.

But when you say "contrived credit crisis", I think of the whisperings that caused a panic pulled by, I believe, the Morgan family which served as a stepping stone towards the Great Depression (It was in one of the videos I posted.)

I think until we look back far enough to see the path between 1913 and today, we won't solve this problem. After all, the controllers of our money hang on every word that comes out of sad Ben Bernanke's mouth. We need to recognize the problem with the Federal Reserve system in order to solve it.

So, even though I don't know specifically what happened in the late 80's/early 90's, I'm guessing that really rich people created a crisis and the middle class lost money while the really rich eventually made even more money.

Is that about right?

Anonymous said...

Hi Jen,
It seemed to me Bush senior and sons had their hands in the pot in the Savings and Loan bailout of the 80s. As papa Bush left office, I thought he put severe constraints on bank lending that President Clinton and company then had to work through during their first months in office. I'm no economist, but this feels eerily familiar to the end of senior Bush's days in office. I think the amount it cost the treasury started out around $300 bn., but ended up somewhat south of that when all was said and done.
I don't question the intentions of all the politicians, Jen, and gotta believe many of them are sincerely trying to prevent happening to us what happened to Japan's economy in the 90s. But it seems to me most of what is being proposed would hurt more than help -- in the long run. Again, though, I'm no econmist.
Happy October..Rock