Submitted by jwatl, Sep 30, 2008 13:08

What lost September 29's vote was the current speaker (Nancy Pelosi)! What possessed her to lambast the republicans prior to this critical vote is totally beyond me, BUT SHE IS NO LEADER! Through her partisan speech today, she set up some members who may lose on November 4 -- not against them as much as there will be a vote against HER!! The current plan provides bucks to folks who made BAD DECISIONS in the past; fails to provide detailed accountability; and fails to punish those who got us in this mess at the onset! Too many politicians take the public as IDIOTs! The politicians in Washington should read the polls: they (both parties) have ZERO credibility with the majority of the citizens, AND EVEN LESS TRUST! I am truly beginning to doubt their ability to govern! There is enough blame to go around on this fiasco. The Financial Services Modernization Act of 1999, started the ball rolling. And while there is a lot of blame to be placed on the Administration for not ram rodding more regulation through, there is a lot of culpability in Franklin Raines (former Clinton OMB Chief and CEO of Fannie Mae who was ousted for 'improper accounting'), Jim Johnson (Obama's initial VEEP selection committee chair), and Jamie Gorelick (held numerous positions in the Clinton Administration including DOD and Justice – to name two), and they had their cheer leaders in Congress as well! Candidly, it is probably time for a new chair of the banking committee. Barney Franks provided a lot of cheerleading to keep lose credit going, as did Chris Dodd in the Senate, who had some sweetheart arrangements with Countrywide! Oh it smells bad!!! Point being, it is time for new leadership in the House and Senate. We cannot afford the current speaker any longer. In the largest vote of her career -- she lost! 40% of the Democrats DID NOT VOTE FOR THE BILL!! Historians will ask the rhetorical question: WHAT WAS SHE THINKING?????

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