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Posts Tagged ‘Nancy Pelosi’

Wonder what you would find if you frisked Minority Leader Nancy Pelosi’s thoughts on her party’s historic loss last November?

Answer: It’s all Bush’s fault…

🙄 Honestly, what planet does she live on? Hint: It’s not Earth.

FOX Nation has the transcript:

“We still would have lost the election because we had 9.5% unemployment. Let’s take it where that came from. The policies of George W. Bush and the Republican support for his initiatives, tax cuts are for the wealth, recklessness by some,” Minority Leader Pelosi told CNN.

Keep dreaming Minority Leader Pelosi… Although President Bush is partly responsible, it was Nancy Pelosi who clearly lacked common sense, accountability, fiscal responsibility, and constitutional principles during the last four years she was in power. After all, she was forced to relocate to a smaller office after running up a huge tab at the taxpayers’ expense:

In the 1,461 days that Rep. Nancy Pelosi (D.-Calif.) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the U.S. Treasury.

Pelosi was the 52nd speaker of the House. During her tenure, she amassed more debt than the first 49 speakers combined.

When Pelosi was sworn in on Jan. 4, 2007, the national debt stood at $8,670,596,242,973.04. At the close of business on Jan. 4, 2011, her last full day in the speakership, it stood at 14,014,049,043,294.41–an increase of $5,343,452,800,321.37.

…And this is the same lady that said a few days ago, “Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go.” Unfortunately for our country, Rep. Pelosi has been an absolutely failure.

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Wonder what you would find if you frisked the United States House of Representatives today?

Answer: A new Speaker of the House!

Politico reports:

Rep. John Boehner, who came to Congress as a conservative reformer two decades ago and grinded his way up the ranks of the Republican Party, was elected the 61st speaker of the House, becoming the first Ohio Republican to hold the post in nearly 80 years.

The vote was 241-173, but the roll call tally was merely a formality to mark a remarkable political comeback for Boehner, who was ousted from Republican leadership a dozen years ago only to work his way up to the most powerful position in the House under the new GOP majority. As he walked up the center aisle of the House chamber to receive the gavel from former Speaker Nancy Pelosi, Boehner — well known for being emotional — teared up and wiped his eyes.

Once Boehner reached the podium, he seemed controlled and at ease as he accepted the over-sized gavel from Pelosi. After acknowledging his wife, two daughters and other family members sitting in the gallery, he emphasized changes that he plans for the House—including a stringent new rules package that the new Republican majority was expected to approve this afternoon and more open procedures.

Of course, Speaker Boehner turned on the water works, but his emotions are like the “10 minute” mushy scene in a wild, action movie. In a couple weeks, it will be time to grab the popcorn, because the epic battle scene between two sworn enemies (Republican vs. Democrat) will begin.

Overall, it is a great day to be a Republican! I could watch this video a thousand times and still enjoy it:

…And repeat.

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House Speaker Pelosi (D-CA).

Wonder what you would find if you frisked House Speaker Nancy Pelosi (D-CA) yesterday while she was talking to reporters?

Answer: She believes that unemployment checks are the fastest way to create jobs.

😯

Sorry for posting two ‘Liberal Smarts’ blog entries in a row, but this pure ignorance coming from Speaker Pelosi just made my jaw drop.

Click here if you would like to read Ed Morrissey’s analysis of Speaker Pelosi’s logic regarding this issue. Hint: She is off on another planet if she truly believes the rhetoric that just came out of her mouth.

It’s clear: It is not possible for Liberals and Democrats to figure out any way to tackle America’s ongoing recession that doesn’t involve spending enormous amounts of hard-earned taxpayer money!

Liberal’s plan for everything: Got a problem? We can solve it by tossing a thousand-plus page piece of legislation and a handful of other people’s cash at it. Ta-da!

What a joke.

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HAHA! 😆

Props to Hot Air reader Max H for creating this one!

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Wonder what you would find if you frisked House Speaker Nancy Pelosi (D) during a press conference on April 15, 2010?

Answer: She had the nerve to accuse the Bush Administration of not warning Congress about the potential financial crisis.

Truth is… She lied.

Talking Points Memo reports:

During her weekly press conference on April 15, a reporter asked Pelosi a seemingly innocuous question about taxes. Pelosi prefaced her response with a fairly standard litany: explaining the dire state of the U.S. economy inherited by President Obama and setting the blame at the foot of the Bush administration. But she also added this: “When [then-Senator Obama] accepted the nomination in Colorado, the [Bush] Administration had kept from the public the idea that, in a matter of weeks, the financial community would be in crisis, and we would need to pass the TARP legislation.”

Jim Hoft – from Gateway Pundit – battled back against House Speaker Pelosi’s outrageous lie:

But, what Speaker Pelosi failed to mention was that President Bush warned the Democratic Congress 17 times in 2008 alone about the systemic consequences of financial turmoil at Fannie Mae and Freddie Mac and also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.

Unfortunately, these warnings went unheeded, as the President’s repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.

It is time to set the record straight, because this is an issue that infuriated me during my last year at Michigan State University and still does. Former President George W. Bush might not have been your favorite president, but we cannot continue to ignore the facts of what actually occurred during the past nine years. In reality, former President Bush warned Congress numerous times about Freddie Mac and Frannie Mae and the potential destruction of our economy they could cause. Unfortunately, the economy ended up sinking into a recession right before the 2008 election.

Democrats – and Republicans – ignored the Bush Administration’s warnings, but does that stop them from playing petty politics and attempting to toss the entire financial crisis on to former President Bush? Nope. And don’t forget… Then-Senator Obama ignored the administration’s warnings, but will he remind the American public about that today? Not at all.

This is for the ignorant liberals – especially college students – who continue to fabricate their unintelligent arguments with the strategy of “Blame Bush”:

On September 19, 2008, The White House released this list of attempts by President Bush to reform Freddie Mae and Freddie Mac since he took office in 2001. Unfortunately, Congress – notice it’s not Bush – did not act on the president’s warnings:

2001

April: The Administration’s FY02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem,” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”

2002

May: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac.  (OMB Prompt Letter to OFHEO, 5/29/02)

2003

January: Freddie Mac announces it has to restate financial results for the previous three years.

February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that “although investors perceive an implicit Federal guarantee of [GSE] obligations,” “the government has provided no explicit legal backing for them.”  As a consequence, unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market.  (“Systemic Risk: Fannie Mae, Freddie Mac and the Role of OFHEO,” OFHEO Report, 2/4/03)

September: Fannie Mae discloses SEC investigation and acknowledges OFHEO’s review found earnings manipulations.

September: Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.

October: Fannie Mae discloses $1.2 billion accounting error.

November: Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any “legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk.”  To reduce the potential for systemic instability, the regulator would have “broad authority to set both risk-based and minimum capital standards” and “receivership powers necessary to wind down the affairs of a troubled GSE.”  (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)

2004

February: The President’s FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital, and called for creation of a new, world-class regulator:  “The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore…should be replaced with a new strengthened regulator.”  (2005 Budget Analytic Perspectives, pg. 83)

February: CEA Chairman Mankiw cautions Congress to “not take [the financial market’s] strength for granted.”  Again, the call from the Administration was to reduce this risk by “ensuring that the housing GSEs are overseen by an effective regulator.”  (N. Gregory Mankiw, Op-Ed, “Keeping Fannie And Freddie’s House In Order,” Financial Times, 2/24/04)

June: Deputy Secretary of Treasury Samuel Bodman spotlights the risk posed by the GSEs and called for reform, saying “We do not have a world-class system of supervision of the housing government sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision to ensure the long-term vitality of that system.  Therefore, the Administration has called for a new, first class, regulatory supervisor for the three housing GSEs:  Fannie Mae, Freddie Mac, and the Federal Home Loan Banking System.”  (Samuel Bodman, House Financial Services Subcommittee on Oversight and Investigations Testimony, 6/16/04)

2005

April: Treasury Secretary John Snow repeats his call for GSE reform, saying “Events that have transpired since I testified before this Committee in 2003 reinforce concerns over the systemic risks posed by the GSEs and further highlight the need for real GSE reform to ensure that our housing finance system remains a strong and vibrant source of funding for expanding homeownership opportunities in America… Half-measures will only exacerbate the risks to our financial system.”  (Secretary John W. Snow, “Testimony Before The U.S. House Financial Services Committee,” 4/13/05)

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying “first things first when it comes to those two institutions.  Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options.”  (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years.  Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying “These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I’ve called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission.  The GSE reform bill passed by the House earlier this year is a good start.  But the Senate has not acted.  And the United States Senate needs to pass this legislation soon.”  (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says “A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully.”  (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and “move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages.”  (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and “modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes.”  (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

  • “Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans.”   (President George W. Bush, Radio Address, 5/3/08)
  • “[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator.”  (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  • “Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans.”  (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying “we need to pass legislation to reform Fannie Mae and Freddie Mac.”  (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President’s call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

Oh yeah! Let’s also not forget that Senator John McCain attempted to fix Fannie Mae and Freddie Mac back in 2005. Who stopped it? Take a guess… Give up?… The Democrats – of course.

Hope a little knowledge was passed along in this post. Blame Bush? Yeah, perhaps a little bit, but it’s more like “Blame Democrats.”

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Wonder what you would find if you frisked House Speaker Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV), and Obama-Care’s favorability ratings?

Answer: Epically low!

Ouch! CBS News reports:

Pelosi and Reid are viewed unfavorably by roughly three times as many people as they are viewed favorably.

Pelosi’s favorable rating in the poll stands at 11 percent. Her unfavorable rating, meanwhile, is 37 percent — meaning that more than one in three views the California Democrat negatively.

[…]

Reid’s favorable rating, meanwhile, is even lower: Eight percent. His unfavorable rating stands at 23 percent.

The Nevada Democrat, who is facing a tough reelection battle, appears to be an unknown quantity to most Americans: Nearly seven in ten say they are say they are either undecided or haven’t heard enough about Reid to offer an opinion.

Not looking good for these two staunch liberals! Unfortunately, House Speaker Nancy Pelosi’s congressional district is located in the heart of America’s top liberal cesspool – San Francisco – and will probably be re-elected. Senate Majority Leader Harry Reid, on the other hand, will have an extremely tough fight to keep his job in Nevada. Thank God. Click here to see who is running against him.

In other polling news, CNN/Opinion Research Corporation released an interesting poll yesterday after President Obama’s socialized health-care bill passed in the U.S. House of Representatives on a straight Democratic party-line vote:

A CNN/Opinion Research Corporation poll found that 59 percent of those surveyed opposed the bill, and 39 percent favored it. All of the interviews were conducted before the House voted Sunday night, but the contents of the bill were widely known.

This poll proves once again that the Democrats and Liberals inside Washington D.C. ignored the American people late Sunday night when they decided they knew what was best and rammed an unconstitutional, socialized health-care bill down our throats. Congratulations Democrats… You are a disgrace to the office you hold.

CONSERVATIVE VICTORY 2010! Let’s remove these snobs from their positions!

Please don’t forget to…

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Wonder what you would find if you frisked President Obama’s socialized health-care bill that he plans on signing into law today?

Answer: The senior staff members who wrote the bill are exempted from Obama-Care!

Wow! This is absolutely unbelievable… The New Ledger reports:

One such surprise is found on page 158 of the legislation, which appears to create a carveout for senior staff members in the leadership offices and on congressional committees, essentially exempting those senior Democrat staffers who wrote the bill from being forced to purchase health care plans in the same way as other Americans.

Apparently, the Democrat’s socialized health-care is so great of a system that they don’t want to use it. Hmm? It’s interesting how this one works out. Some day I might understand these idiotic politicians, but I highly doubt it.

Let the adventure of finding atrocious details within Obama-Care begin! After all, it has to be signed into law before we can figure out what’s in this bill, right House Speaker Pelosi (D-CA)?

🙄 Absolutely pathetic…

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