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Dose of Politics

 

Speaker Pelosi in a bikini, back in the day (eat your heart out Governor Palin)

 

 

October 1, 2008

 

That's right gentlemen, blame it all on Nancy Pelosi's sharply partisan speech.  Did Mommy hurt your feelings?  Well, too bad guys, this is tough stuff. The economy is going down the tubes.

 

The whining from the Republicans on Monday that Speaker Nancy Pelosi's speech felt more like a Democratic fundraising rant and less like a bi-partisan effort to persuade all involved to sign the dreaded $700 billion bailout into legislation, was quite disheartening.  Of course, no single party is to blame for the unraveling of our US economy, but none of us "little guys" want to hear that your feelings were hurt when our credit, jobs, houses and 401K's are about to go pouf

 

To me, Pelosi's speech felt very motherly, and unfortunately, for the Republicans, very "I told you so."  But, the ladies love to say "I told you so."  It's in our genes. Congress needs to suck this kind of rhetoric up, I mean what did they expect? Pelosi is angry, and rightfully so. This downturn has been cooking for some time. Each party is going to blame the other, there is no way Democrats or Republicans can be forced to shoulder the entire responsibility for this disaster.

 

The lack of leadership around this kind of fundamental political and economic decision-making is spectacular, and not in a good way.  To have discovered mid-afternoon that the bailout legislation did not get enough votes to pass was surreal.  Everyone kind of braced themselves for an instant depression. I quickly checked my money market account and savings, preparing for the worst. Things looked the same, at least for the time being. Then, I looked out my office window on the 17th floor near Wall Street to see if I saw anyone flinging themselves out of the window.  Fortunately, nothing. Nothing yet, anyway.

 

So, was it harder for Congress to accept this tongue lashing from a woman? Was her manner ungracious, possibly a bit bitchy? Well, she didn't lie, that's for sure. Speaker Pelosi has had her ups and downs this political season, sometimes seeming less forthright than yesterday on the floor.  Her directness and lack of pandering was much appreciated.

 

Let's get this legislation signed.

 

 
 

 

 

 

 

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