September 30, 2008
Good to Be Leader (Bad to Be Beholden)
Pelosi and her aides have made it clear they were not going to "whip" or twist the arms of members who did not want to vote, but they also made no effort to rally any support for a bill they attempted to hijack over the weekend.Further, according to House Oversight Committee staff, Emanuel has received assurances from Pelosi that she will not allow what he termed a "witch hunt" to take place during the next Congressional session over the role Fannie Mae and Freddie Mac played in the economic crisis.
Emanuel apparently is concerned the roles former Clinton Administration members may have played in the mortgage industry collapse could be politically -- or worse, if the Department of Justice had its way, legally -- treacherous for many.
A President Obama would likely be helpful in that regard, as well.
"Emanuel has received assurances from Pelosi that she will not allow what he termed a "witch hunt" to take place during the next Congressional session over the role Fannie Mae and Freddie Mac played in the economic crisis."
A "witch hunt", also known as holding people responsible for their actions. Gee, wouldn't want that.
This is another major reason that there should not be a bailout. If members of Congress mess it up or misspend it, the current or future speaker will also shield those perpetrators.
Once again, wrong message completely, Madame Speaker. Congress' studious lack of interest in holding anyone accountable is one of the reasons constituents are hopping mad and opposed to a bailout.
Posted by: Monique at September 30, 2008 1:06 PMCan't wait for Henry Waxman to start holding investigatory hearings on the already established "probable cause" of years of wrongdoing on the part of Democrats vis-a-vis Fannie Mae / Freddie Mac, since he's done so at the drop of a hat for mere fishing expeditions against Republicans.
You are going to hold hearings, aren't you Henry?
Henry?
Henry?
Posted by: Tom W at September 30, 2008 4:17 PM