Word: pelosi
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...explaining the tumultuous present to clients that range from Wall Street investors and sovereign wealth funds to staffers from the Commerce and Treasury departments. He's the recession's ascendant wonk and most improbable celebrity, as likely to pop up in the newspaper or on television as behind Nancy Pelosi during a press conference - sort of a post-housing-bubble Zelig. (See 25 people to blame for the financial crisis...
Since the new administration took office, Republicans have been seemingly bereft of ideas for fixing the economy. House Speaker Nancy Pelosi may not have been as nurturing of bipartisanship as some would have wanted in finalizing the stimulus bill in the House, but the final product included enough tax breaks to warrant support from a significant portion of the Republican caucus. That only three Republicans between the House and Senate voted in favor of the bill only made them seem like obstructionists in the eyes of the American people...
Read about getting Rickrolled by Nancy Pelosi...
...House Speaker Nancy Pelosi has said she'd like to see the matter resolved by the end of next week, though Senate Republicans already blocked a vote on Baucus's bill this week. "Other senators need time to consider the bill," Jon Kyl, the third-ranking Republican in the Senate, said on the Senate floor. "The public ought to have a right to review this legislation to make sure it doesn't have any additional loopholes or unintended consequences...
...political élite who lined up Monday to share their outrage are rather powerless to act. If AIG failed, almost all experts agree, the damage to the entire financial system would be horrific. So the leadership has little to do but posture. "Unconscionable," said House Speaker Nancy Pelosi. "Outrageous," said her Republican counterpart, John Boehner. Senator Chris Dodd, chair of the banking committee that failed to regulate AIG, called on the executives to "voluntarily" forgo their bonuses. The best the government looks able to do is insist on some tough new pay restrictions going forward before giving AIG its next...