Nancy Pelosi has presided over the most despicable Congress in the past fifty years. Under this woman and her cronies our stock market lost seven percent of its value today and will probably lose more value tomorrow. Yet Congress will not meet again until this Thursday.

With Nancy Pelosi at the Congressional helm our nation has been weakened both economically and strategically. Here, she finally had a deal today and instead of pulling both sides of Congress to her side to show strength to the world at large and Wall Street in particular, she chose to play dirty politics, and attack the Republicans in Congress who were, by the way, elected by the people just as she was. She just couldn’t help it I suppose, the Bush Derangement Syndrome is so deeply embedded in her very marrow that she was compelled to veer from the script.

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. They claim to be free-market advocates when it’s really an anything-goes mentality, no regulation, no supervision, no discipline. …”

“… Democrats believe in a free market … but in this case, in its unbridled form as encouraged, supported by the Republicans — some in the Republican Party, not all — it has created not jobs, not capital, it has created chaos.”

I find it hard to believe that Pelosi and company really intend to pass the bailout bill. If they can stretch this crisis until November so much the better for the Democrats must be their calculation.