I’ll get to the bailout in more detail, but for now I will say I am pleased it failed. Many Republicans are blaming the failure on a partisan speechgiven by Nancy Pelosi.
My take on the speech is a wee bit different. An excerpt
When President Bush took office, he inherited President Clinton’s surpluses — four years in a row, budget surpluses, on a trajectory of $5.6 trillion in surplus. And with his reckless economic policies, within two years, he had turned that around.
And now eight years later, the foundation of that fiscal irresponsibility, combined with an anything goes economic policy, has taken us to where we are today.
Good point Madame Speaker! George Bush singlehandedly mangled the economy beyond recognition. He ruined the budget and deregulated everything he could get his brush-clearing mitts on. He ruled with an iron fist with no checks or….
Oh wait…something about this is sounding strange….
My question to Nancy Pelosi: where the f*ck were the Democrats? You have been the majority party for nearly two years. In that time you have bent to Bush’s will on nearly everything. The war being the most notable act of treason. The voters put you into office to stop or at least slow down the juggernaut toward the apocalypse Bush administration. You have done nothing.
To be clear, I do believe the Bush philosophy is wrong. I believe there needs to be regulation. But I’m mostly pissed at the Democrats. The wars are still going on. Billions of dollars are being wasted every month. There has been no movement toward any kind of healthcare reform.
No wonder your approval ratings are lower than Bush.
