Tuesday, September 30, 2008

Speaker Pelosi Hurts Republicans' Feelings, So No Bailout Deal

What did that mean Speaker Nancy Pelosi say to the Republicans to make them grab their football and run away from the bailout resolution? Here's the opening of her speech on September 29:

Madam speaker, when was the last time anyone ever asked you for $700 billion? It’s a staggering figure. And many questions have arisen from that request. And we have been hearing, I think, a very informed debate on all sides — of — of this issue here today. I’m proud of the debate.

$700 billion. A staggering number. But only a part of the cost of the failed Bush economic policies to our country. Policies that were built on budget recklessness. 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.

Among the sensitive and brooding GOP representatives were House Leader John Boehner, who said, "I do believe that we could have gotten there today had it not been for this partisan speech that the speaker gave on the floor of the House. ...the speaker had to give a partisan voice that poisoned our conference; caused a number of members, who we thought we could get, to go south."

Who knew that the Republicans could be so hurt by partisanship?

So at a time of fiscal crisis, this is what causes the Republicans to fall 12 short of the votes needed to pass the bailout resolution? Democratic Representative Barney Frank of Massachusetts offered a way to wipe away their tears: "I'll make an offer: give me those 12 people's names, and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are and maybe they'll now think about the country."


media monkey said...

Rep. Steny Hoyer, the No. 2 Democrat in the House, rejected the Republicans' accusation as "absurd."

Rep. Barney Frank, the House Democrats' main negotiator on the package, called the Republicans' finger pointing an excuse.

"Because somebody hurt their feelings, they decided to punish the country?" Frank said. "I don't believe they had the votes. They are covering up the fact that they don't have the votes."

Rep. Michele Bachmann, a Minnesota Republican, denied that the bill's opponents had voted against it because of hurt feelings. "I want to assure you that is not the case. We are not babies, sucking our thumbs," she said.

source: http://www.cnn.com/2008/POLITICS/09/29/bailout.fallout/index.html

Jeff Tone said...

MM: Regarding Bachmann's comment, one Republican after another blamed Pelosi's speech for killing the legislation. They're babies, sucking their thumbs.