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Senate Dems push back on Pelosi claim that inaction is stalling jobs
Senate Democrats pushed back on House Speaker Nancy Pelosi’s criticism Thursday that Senate delays in passing the party’s agenda were hindering job creation in a critical election year. The Hill; July 15, 2010 |
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Economic relief stalled in the Senate
... The deal making hasn't gone smoothly. Along with GOP foot-dragging, there's added friction within Democratic ranks with House Speaker Nancy Pelosi favoring wider stimulus spending and ... SF Gate; June 25, 2010 |
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Nancy Pelosi Lobbies for Unemployment Benefits Extension over Fourth of July Recess
Speaker of the House Nancy Pelosi is taking time during the Congressional Fourth of July recess to lobby for the extension of theunemployment benefits bill. News Around the World Today; July 8, 2010 |
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The Last Ironing Board to Die for a Mistake
... Why? As Nancy Pelosi would say: Jobs, jobs, jobs. A lost job looms larger in the imagination than a deadweight loss. For math on how much those precious jobs cost ... Atlantic Monthly; June 23, 2010 |
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Jon Stewart Enlists Nouriel Roubini To Refute Fox News (VIDEO)
... Stewart then threw in the other side of the argument with a clip of Nancy Pelosi, who defended benefits saying they provide a stimulus to the economy and that economists agree on this point. Huff Post; July 7, 2010 |
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Pelosi: Unemployment Benefits Biggest Stimulus for Economy
Last week in a legislative briefing Speaker of the House Nancy Pelosi (D–CA) stoked the unemployment insurance (UI) debate by stating that unemployment checks are the fastest way to create jobs. Heritage Found.; 7/7/2010 |
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Business & Finance News
... How do you figure? Well, as Nancy Pelosi puts it, the benefits extension would put the money in the pockets of Americans who have no other means of financial help. Business and Finance; July 6, 2010 |
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Pelosi insulted by basic economic principle
In a press conference late last week, Speaker Nancy Pelosi addressed legislation before the House to extend unemployment benefits until Nov. 30. Asked if the extension would serve as a “disincentive ..." Daily EG; 7/6/2010 |
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Pelosi: Unemployment Benefits and Checks Create Jobs?
House Speaker Nancy Pelosi claims that unemployment benefits and checks will create jobs. The unemployment benefits extension still hasn't passed ... Politics and World News; July 5, 2010 |
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Democrats in a jam as economy slows
... Speaker Nancy Pelosi even enlisted Mark Zandi — a former economic adviser to Republican John McCain’s presidential campaign — to make the case to her caucus for more spending. Politico; July 3, 2010 |
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Democrats sounding economic warnings after downplaying recession threat
... In letters, interviews, and public statements, President Barack Obama, House Speaker Nancy Pelosi (D-Calif.) and other senior Democrats are now raising red flags that the economy could falter ... The Hill; July 3, 2010 |
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Nancy Pelosi Slams Senate Dithering On Jobs
House Speaker Nancy Pelosi (D-Calif.) slammed Republicans on Friday for the Senate's failure to pass an urgent jobs bill. Huffington Post; June 21, 2010 |
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Nancy Pelosi: Unemployment Checks Fastest Way to Create Jobs
Huh? Scratching my head over this one. Unemployment benefits, Speaker Pelosi said, "It creates jobs faster than almost any other initiative you can name." Caffeinated Thoughts; July 2, 2010 |
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Heller on Nevada jobless numbers: "It does not appear that jobs are being saved or created under the current economic plan."
... It is time for Nancy Pelosi and this Congress to focus on measures that will actually improve the economy. ... Las Vegas Review-Journal; June 18, 2010 |
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Pelosi Celebrates Small Business Vote, Slams GOP On Variety Of Issues
House Speaker Nancy Pelosi (D-Calif.) appeared giddy during her weekly press conference on Thursday over the fact that her chamber passed an important bill aimed at providing relief to small businesses. TRN Service; 6/17/2010 |
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Pelosi: Small business owners have 'a lot of confidence'
Speaker Nancy Pelosi, Steny Hoyer, Congressman Gary Peters of Michigan, and Congressman Kurt Schrader of Oregon are joined by small business owners for a press conference ... NECN; June 2010 |
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Obama pushes for $50B in local aid
... In the letter to Harry Reid, Nancy Pelosi, Mitch McConnell and John Boehner, the president said that more spending is needed immediately to avert a devastating double dip recession ... Politico; June 14, 2010 |
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Fact Sheet: News on the Recovery Act
... Democratic U.S. House Speaker Nancy Pelosi is planning to visit a Watertown-based battery manufacturer to highlight what she´s calling one of the success stories behind the federal stimulus program. Am Chron; June 3, 2010 |
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Pelosi Floor Speech on American Jobs and Closing Tax Loopholes Act
Speaker Nancy Pelosi spoke on the House floor this afternoon in support of H.R. 4213, the American Jobs and Closing Tax Loopholes Act, which passed the House this afternoon. Below are the Speaker's remarks. PR Newswire; 5/28/2010 |
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Senators appointed to hammer out differences with House on financial overhaul
... The House passed its version of the financial overhaul legislation in December, and congressional aides said they expect House Speaker Nancy Pelosi (D-Calif.) will name conferees after the Memorial Day break. WP; 5/26/2010 |
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Pelosi: By Blocking COMPETES Act, Republicans Chose Cheap Political Tricks Over Progress
Speaker Nancy Pelosi released the following statement today on the COMPETES Act, which failed to pass on the House floor under suspension of the rules ... PR Newswire; May 19, 2010 |
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Pelosi Criticizes GOP For Blocking Competes Bill
Nancy Pelosi, D-Calif., criticized Republicans Wednesday for blocking passage of legislation that would reauthorize research and development programs, boost science ... National Journal; May 19, 2010 |
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Pelosi Statement on Nomination of Janet Yellen as Vice Chair of the Federal Reserve
Speaker Nancy Pelosi released the following statement today regarding the President's nomination of San Francisco Federal Reserve Bank President Dr. Janet Yellen as Vice Chair of the Federal Reserve: PR Newswire; April 29, 2010 |
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Nancy Pelosi puts blame on Wall Street
Speaker Nancy Pelosi joined in the Democratic demonization of Wall Street Thursday as part of a bid to drum up public support for regulatory reform, loudly decrying the financial services industry ... Politico; April 22, 2010 |
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Jail Time for Insurance Evaders? Yes, Said Fox News
... Tom Coburn did something fairly courageous by political standards. At a town hall meeting in Oklahoma, the conservative Republican senator referred to House Speaker Nancy Pelosi as a “nice lady” .. TIME; April 14, 2010 |
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Obama, GOP Wrangle Over Wall Street Regulations
... From left are, House Majority Leader Steny Hoyer of Md., House Minority Leader John Boehner of Ohio, House Speaker Nancy Pelosi of Calif., and the president. AP; April 15, 2010 |
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Ira Stoll: Congress' new tax grab sets a double standard
... First Nancy Pelosi's House passed it; then President Obama's budget included it; now the liberal press is plumping for it, and the only thing left standing between Americans and a tax increase ... Examiner; April 6, 2010 |
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Pelosi's picks for debt panel all supported health bill
All three House Democrats that Speaker Nancy Pelosi (D-Calif.) appointed to the executive debt commission supported healthcare reform legislation this weekend. The Hill; March 24, 2010 |
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Blackstone President Throwing Swank Party For Nancy Pelosi
The NYPost is reporting that Blackstone's president, Tony James, is throwing a party at his house for Nancy Pelosi. Business Week; March 18, 2010 |
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Steady Unemployment Figures Prompt Split Interpretations On Economic Recovery
Nancy Pelosi (D-CA) said the latest unemployment report was "cautious evidence" of economic recovery. "The report is that America's businesses are gaining confidence and that the Recovery Act ..." AHN; March 5, 2010 |
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Ohio congressman blasted stimulus, but now wants a piece of the pie
What's better than blasting President Barack Obama's stimulus bill and attacking Nancy Pelosi's "big bag of spending wishes?" Turning around and seeking some of that money because of your own wishes. Cleveland Plain Dealer; 2/9/10 |
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Paulson: ‘I’m Not A Great Investor’
Former Treasury Secretary Henry Paulson got down on bended knee in front of Nancy Pelosi to “break the tension and to get a smile or laughter” during the darkest days of the financial crisis ... WSJ; February 9, 2010 |
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Nancy Pelosi resists President Obama on jobs plan
The Obama administration's efforts to find common ground with congressional Republicans ran into two pockets of resistance Tuesday: Nancy Pelosi and House Minority Leader John Boehner. Politico; February 9, 2010 |
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Paygo Pelosi gets assist from Bill Clinton as deficit heats up
Former President Bill Clinton hopped on on an unusual conference call with reporters and House leaders, including Rep. George Miller and Speaker Nancy Pelosi ... SF Gate; February 4, 2010
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Washington struggles to act
... The House just raised the debt ceiling by $1.9 trillion on a pure party-line vote, and Speaker Nancy Pelosi is talking about a piecemeal approach to jobs ... Politico; February 5, 2010 |
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When Mr. McCain Came to Washington
... By protocol, the president turned to call on the speaker of the House. And when Nancy Pelosi spoke, it was clear the Democrats had done their homework and had planned a skillful response for McCain. WSJ; Feb. 6, 2010 |
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House Speaker Nancy Pelosi Says GDP Shows Signs of Economic Recovery
Following news that the U.S. GDP has expanded in the fourth quarter, Speaker of the House Nancy Pelosi has made some optimistic statements concerning the state of the U.S. economy. My Bank Tracker; Janaury 29, 2010 |
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Senate Votes Along Party Lines to Raise Debt Limit
The House speaker, Representative Nancy Pelosi of California, and other liberal Democrats opposed the commission idea, fearing it would force deep cuts in Medicare and Social Security benefits. NYT; January 28, 2010 |
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House Democrats Reveal Details Of US Job-Creation Bill
House Democratic leaders unveiled details of legislation Tuesday they hope will spur growth in the flagging job market while at the same time providing continued support to long-term ... NASDAQ; December 15, 2009 |
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Senate Plans Vote on Deficit Panel
... in the aftermath of their Senate loss in Massachusetts, Mr. Obama on Saturday came out for the bipartisan panel that has been opposed by Speaker Nancy Pelosi and other influential lawmakers. ... NYT; Jan. 25, 2010 |
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White House Is Confident Bernanke Will Be Confirmed
... Mr. Obama had held back from endorsing a law for a commission partly because opponents included the speaker of the House, Representative Nancy Pelosi of California. ... NYT; January 23, 2010 |
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President Obama endorses bipartisan deficit-reduction panel
... The measure's prospects in the House are also uncertain. Speaker Nancy Pelosi has resisted the idea of permitting such a body to dictate tax hikes or spending cuts to Congress. ... Washington Post; January 24, 2010 |
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Inflation, interest rates and values
President Obama and Speaker Nancy Pelosi are determined to shift America to a model much closer to Europe, where there is a massive redistribution of wealth from all of you who work to those who don’t. Hotel News Now; 1/20/2010 |
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Brown Win Tuesday to Cause Stock Market Rally?
... While possible, it doesn't take into account a variety of ways Harry Reid and Nancy Pelosi still have to jam this bill through and get a presidential signature with whatever votes they have left. B4; January 17, 2010 |
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Pelosi praises proposed financial firm fee
U.S. House of Representatives Speaker Nancy Pelosi on Thursday said that President Barack Obama's proposal to levy fees on bailed-out financial firms will help ensure that taxpayers recoup their money. Reuters; Jan., 2010 |
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Stop Coddling Wall Street!
As a new probe of the financial meltdown continues, Obama is still way too soft on big banks. Joel Kotkin on how the Democrats failed to exploit populist outrage. The Daily Beast; January 15, 2010 |
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Obama Bank-Tax Proposal Has Populist Appeal, Political Critics
... Key Democrats, including Nancy Pelosi of California, House Financial Services Committee Chairman Barney Frank, and Senate Banking Committee Chairman Chris Dodd rallied behind the measure. Bloomberg; January 15, 2010 |
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Pelosi: Stimulus bill's progress 'on track'
The almost year-old stimulus bill's progress is "on track," House Speaker Nancy Pelosi (D-Calif.) asserted Wednesday. Pelosi said that a report from the Council of Economic Advisers ... The Hill; January 13, 2010 |
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Progress for U.S. families, businesses
At the halfway mark in this Congress, our priorities are clear: strengthening the security of the American people and building a new economy that offers our families lasting prosperity. Politico; January 12, 2010
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Calif. governor continues feud with delegation
... he's largely putting the blame on Democrats, because they comprise two-thirds of the delegation. The delegation includes Nancy Pelosi as well as the state's two senators, Dianne Feinstein and Boxer. SJ Merc; January 10, 2010 |
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Pelosi and Obama call for job-creation bill in wake of unemployment report
... Speaker Nancy Pelosi (D-Calif.) said the December jobs report should push leaders to recognize that saving and creating jobs should be their “top priority.” ... The Hill; January 9, 2010 |
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Pelosi to Arnold: Washington ain't picking up your tab
No love from House Speaker Nancy Pelosi for Guv Schwarzenegger's idea to get $6.9 billion from the fed government to help plug California's budget hole. SF Gate; January 9, 2010
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Unemployment rises. Republicans react
... But House Speaker Nancy Pelosi (D-CA) Criticized 2003 Job Creation As “Far From Enough.” “The slight increase in jobs last month is wonderful news for 57,000 Americans. Daily Mail; January 8, 2010 |
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Calif. will face deeper fiscal pain, more budget cuts in 2010 as recession keeps its grip
... In a Dec. 22 letter to Nancy Pelosi, Schwarzenegger said the federal reimbursement rate for state Medicaid programs forces California to subsidize health costs for other states. LA Times; January 2, 2010 |
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Consumption tax has its backers
... In a recent interview, the Speaker of the House, Nancy Pelosi, said the time has come to consider a value added tax, or VAT, a type of federal sales tax on consumption. South Bend Tribune; January 1, 2010 |
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U.S. in fiscal peril with $12.1 trillion debt
... What's unusual is the number of proposals, the clout of lawmakers supporting them and the admission by Obama and congressional leaders such as Nancy Pelosi that the rising debt should be a priority. USA Today; Dec. 31, 2009 |
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Senate votes to raise federal debt limit by $290 billion
... who refuse to support a debt-limit increase unless it is accompanied by legislation to establish a new bipartisan task force to come up with a plan to curb the deficit. That idea is opposed by Nancy Pelosi ... WaPo; 12/25/09 |
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H.R. 2847 -- Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010
Also known as the 'Jobs for Main Street Act of 2010.' Passed in the House on December 18. Open Government; Linked on December 26, 2009 |
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Put Down That Shovel!
... San Francisco Mayor Willie Brown and Rep. Nancy Pelosi in 2002. ...
Wall Street Journal; December 25, 2009 |
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Net Worth: What happens to TARP repayments by banks?
... The House narrowly passed the Jobs for Main Street Act of 2010, an amendment to HR2847. House Speaker Nancy Pelosi says the bill would "redirect" $75 billion in TARP funds to pay for highways ... Scripps News; 12/23/09 |
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Finley: Democrats worried about a backlash
The press releases that popped into my e-mail this week were hoots. U.S. Reps. Mark Schauer and Gary Peters defiantly announced they had cast their votes against House Speaker Nancy Pelosi's request ... Detroit News; Dec. 20, 2009 |
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A hypocritical warning to Wall Street on fiscal responsibility
The Dec. 12 front-page story on the House's bill to overhaul the nation's financial regulatory system highlighted a quote from House Speaker Nancy Pelosi. Heralding the party-line achievement, the speaker stated ... WaPo; 12/20/09 |
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BLUNT VOTES NO ON INCREASING FEDERAL DEBT
Missouri Rep. Roy Blunt voted no, as Nancy Pelosi (Calif.) and Washington Democrats rammed through a measure to raise the ceiling on the national debt by $290 billion to $12.4 trillion ... American Chronicle; December 20, 2009 |
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Data Shows that the Stimulus Package Was a Waste of Money
To put it kindly, the stimulus package that President Barack Obama, Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi rushed through Congress at the beginning of his presidency has been a flop. USN; Dec. 19, 2009 |
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Democrats propose $50B for jobs-boosting projects
... "This is legislation that brings jobs to Main Street by increasing credit for small businesses, by rebuilding the infrastructure of America, by keeping police and firefighters and teachers ...," said Pelosi. AP; 12/15/09 |
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Massive financial reform passes House
... "We are sending a clear message to Wall Street: The party is over," said Nancy Pelosi "Never again will reckless behavior on the part of a few threaten fiscal stability of our people." LA Times; December 12, 2009 |
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Obama Blasts Banks For Opposing Financial Overhaul
... The House bill, which passed 223-202, would grant the government new powers to split up companies that threaten the economy, create an agency to oversee consumer banking transaction and shine a light ... NPR; Dec. 13, 2009 |
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Democrats to seek higher limit on the federal debt
... House Speaker Nancy Pelosi (D-Calif.) said Thursday that she will include legislation to raise the debt ceiling in a must-pass defense spending bill headed to the House floor next week. Washington Post; Dec. 11, 2009 |
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Thoughts on the Transactions Tax Bill
They say a little knowledge is a dangerous thing. House Majority leader Nancy Pelosi is displaying a small understanding of how capital markets work. She has stated that House Bill HR4191 ... ONN.tv; December 8, 2009 |
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World peace first, global tax next
Recognizing the obvious — that taxes and regulations imposed by this government push American jobs overseas — House Speaker Nancy Pelosi wishes to tax the world. Atlanta Journal Constitution; December 8, 2009 |
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Pelosi opposes war tax
... Obey, of Wisconsin, argues that the United States must start paying for its military efforts instead of pushing them into the future. But his idea lacks support from a key person: Nancy Pelosi ... Capitol Alert; Dec. 7, 2009 |
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Time running out for House Dems to move major jobs measure in ’09
... A looming question for Speaker Nancy Pelosi (D-Calif.) is whether she will bypass the many committees — Ways and Means, Transportation and Energy and Commerce, to name a few ... The Hill; December 7, 2009 |
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Nancy Pelosi Supports Global Tax on Stock Transactions to Fund Next Stimulus Bill
Nancy Pelosi is the Will Rogers of big government: She never met a tax she didn’t like. Her latest pet project is the neither nimbly nor accurately named “Let Wall Street Pay for the Restoration ..." The New American; 12/7/09 |
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H.R. 4191: Let Wall Street Pay for the Restoration of Main Street Act of 2009
Dec 3, 2009 - Introduced in House. This is the original text of the bill as it was written by its sponsor and submitted to the House for consideration. Govtrack; Posted on December 18, 2009 |
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CNSNews.com Pelosi Endorses ‘Global’ Tax on Stocks, Bonds, and other Financial Transactions
Nancy Pelosi endorsed the idea of a “global” tax on stock trades and other financial transactions, saying the estimated $150 billion in annual revenue from such a tax could be used to help fund ... CNS News; December 7, 2009 |
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Funding folly
... Democrats in Congress, including House Speaker Nancy Pelosi, are talking about using some of the spare cash from the $700 billion Troubled Assets Relief Program to create jobs. Press-Enterprise; December 6, 2009 |
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H.R. 4173 -- The Wall Street Reform and Consumer Protection Act of 2009
Passed in the House on December 11, 2009 |
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House Approves Tougher Rules on Wall Street
The House approved a Democratic plan on Friday to tighten federal regulation of Wall Street and banks, advancing a far-reaching Congressional response to the financial crisis that ... NYT; December 11, 2009 |
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BLOOMBERG INTERVIEW WITH HOUSE MINORITY LEADER JOHN BOEHNER (R-OH)
House Speaker Nancy Pelosi says that she wants to pay for a new jobs bill by using leftover money from the TARP program. Bloomberg; December 4, 2009 |
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TARP funds in play for jobs program
... Timothy F. Geithner has advocated against spending unallocated TARP funds to demonstrate the administration's commitment to deficit reduction. But Nancy Pelosi has been crafting a bill that would ... WaPo; December 5, 2009 |
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Pelosi: No To War Surtax, Yes To Financial Transaction Tax
I forgot to file this yesterday, but House Speaker Nancy Pelosi did discuss at her press conference two ideas which have been generating discussion on Capitol Hill recently. Firedoglake; December 4, 2009 |
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3rd UPDATE: Pelosi:Unused TARP Funds Should Pay For Job-Creation Plan
Nancy Pelosi (D., Calif.) said Thursday that unused money in the Treasury Department's financial rescue plan would be used to pay for a new job-creation package. WSJ; December 3, 2009 |
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Pelosi: Bailout money to fund jobs initiative
Democrats are looking to tap as much as $70 billion in unused funds from the Wall Street bailout to pay for new spending on roads and bridges and to save the jobs of firefighters, teachers and ... Newsday; December 3, 2009 |
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Jim Cramer: Democrats Will Lose In 2010
... Jim Cramer doesn't have a high opinion on U.S. Congress, led by Nancy Pelosi, and calls it anti-business. Benzinga; December 3, 2009 |
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Pelosi wants to spend it all
The top Democrat on Capitol Hill says Congress will tap unused funds from the Wall Street bailout to pay for new spending on infrastructure projects and other steps aimed at boosting jobs. AP; December 3, 2009 |
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Other News: Bernanke Defends Tenure as Fed Chief
In other news, Ben Bernanke defended his tenure as Federal Reserve chairman before Congress, and Nancy Pelosi suggested using money left over from the Wall Street bailout to create more jobs. Newshour; December 3, 2009 |
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Nancy Pelosi pushes global financial fee
Nancy Pelosi gave her strongest endorsement yet of a global financial transaction fee Thursday after raising the issue directly with Treasury Secretary Timothy Geithner in a conversation this week. Politico; Dec. 3, 2009 |
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Rep. Miller: House Leaders Want a Jobs Bill by Year’s End
George Miller (D., Calif.) said today that House leaders will push to pass a jobs package by year’s end. “I think clearly we would like to do something ... ,” said Miller, who has been assigned by Nancy Pelosi. WSJ; 12/2/09 |
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House Democrats float new jobs plan
... Several Democratic aides said Nancy Pelosi and House leadership are considering a two-pronged approach in the bill: Bolstering safety-net programs like COBRA and food stamps, while also ... Politico; December 12, 2009 |
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On the Deficit, Pelosi Gets It
Just before the Thanksgiving break, Nancy Pelosi, during a conference call with reporters, trumpeted the need for more job-creating legislation in spite of the growing deficit, and, thereby, ... OMB Watch; December 1, 2009 |
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Democrats Run Into Doubts About Benefits of Second Stimulus
... Nancy Pelosi said ... last Tuesday that Americans could "absorb" the hit to the federal budget, and she argued that their biggest complaint is not that the deficit is big -- it's that they're not ... Fox News; Nov. 30, 2009 |
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Obama Again Blocks Pay Increases For US Federal Employees
But in a letter to House Speaker Nancy Pelosi (D., Calif.), Obama rejected such a rise in locality pay--which certain federal employees receive in addition to their base salary. NASDAQ; Posted on December 3, 2009 |
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'Locality pay' for federal workers won't increase
In his letter Monday to House Speaker Nancy Pelosi and Vice President Joe Biden, Obama noted that the initial pay formulas would have increased the salaries of many federal workers by an average of 18.9 percent. AP; 11/30/09 |
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Economic Outlook & Unemployment
... Nancy Pelosi said Tuesday that “Americans could be ready to ‘absorb’ increases to the deficit if it means higher employment.” Pelosi said “deficit growth has been ‘stunning,’ ... Helicopter Assn International; 11/25/09 |
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Pelosi Discovers Her Inner Fiscal Hawk
Nancy Pelosi insists: "We have to look at that war with a green eyeshade on." She is talking about the war in Afghanistan--with anticipation that President Obama will increase resources for the war effort. TWS; 12/7/09 |
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The GOP's Misplaced Rage
Leading conservative economist Bruce Bartlett writes that the Obama-hating town-hall mobs have it wrong—the person they should be angry with left the White House seven months ago. The Daily Beast; August 12, 2009 |
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Pelosi: 'We'll Never Have Deficit Reduction Unless We Have Job Creation'
The deficit debate in Washington misses the fundamental point, said Nancy Pelosi on Tuesday, arguing that the primary objective for policy makers should be job creation ... Huffington Post; November 24, 2009 |
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Pelosi warns of history repeating itself ‘if we pull our punch’ on job creation.
With the unemployment rate above 10 percent and states across the country facing budget shortfalls, Democrats in Congress are looking at various measures to spur job creation. Think Progress; November 24, 2009 |
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California's stimulus job totals raise concern
The number of public safety jobs created or saved with federal stimulus dollars has been vastly overstated in California, according to the state auditor. SF Chron; November 23, 2009 |
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Rep. Jackie Speier's Tough Bank Amendment Passes With Room Nearly Empty
Don't sleep on Jackie Speier. The freshman Democrat from California came into the House Financial Services Committee room Thursday ready to fight for her long-shot amendment to limit the leverage ratio for big banks. HP; 11/20/09 |
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Wall Street tax must be international: Pelosi
Any tax imposed on financial transactions would have to take effect internationally to keep Wall Street jobs and related business from moving overseas, Speaker Nancy Pelosi said on Thursday. Reuters; November 19, 2009 |
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Why It's Wrong When Wrongdoers Are Allowed to Admit No Wrongdoing
"The struggle of man against power is the struggle of memory against forgetting." So wrote Milan Kundera in The Book of Laughter and Forgetting. Huffington Post; November 9, 2009 |
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Congress extends jobless benefits to record levels
... The White House quickly announced that President Barack Obama on Friday morning would sign the bill that Nancy Pelosi characterized as a lifeline "to the men and women hardest hit by the recession," ... AP; 11/6/09 |
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Senate approves unemployment benefits extension
... With 600,000 jobless Americans having cashed their last unemployment check, including 44,500 in Michigan, the House plans to take up the Senate bill Thursday, according to an aide to Nancy Pelosi. Detroit News; Nov. 4, 2009 |
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ALL BUSINESS: Credit-card rates up before new law
Have you checked the interest rates on your credit cards lately? Odds are they're going way up. AP; October 31, 2009 |
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H.R. 627 -- Credit Card Accountability, Responsibility and Disclosure Act
Govtrack summary. Linked on October 31, 2009 |
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The Real Bailout Hero
Among the gems that emerge from Too Big to Fail by Andrew Ross Sorkin is a terrific inside look at Timothy F. Geithner, the baby-faced regulator who ... Daily Beast; Linked on October 29, 2009 |
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Senate likely to extend homebuyers' tax credit
... Nancy Pelosi has indicated she also is interested in extending the homeowner credit, but House leaders have yet to endorse any one bill. CNN; October 28, 2009 |
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Accounting: Push on to extend $8,000 homebuyer credit
More than 160 members of Congress have signed a letter to Speaker of the House Nancy Pelosi and Minority Leader John Boehner requesting that the $8,000 homebuyer tax credit be extended. North Bay Business Journal; 10/26/09 |
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Government has poor financial track record
As Senate Majority Leader Harry Reid, House Speaker Nancy Pelosi, Sen. Chris Dodd and President Barack Obama’s cast of usual suspects sit behind closed doors figuring out how to slip a health care bill ... Las Vegas Sun; 10/24/09 |
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Pelosi: Consumers Will Have a Powerful Advocate with Creation of New Consumer Financial Protection Agency
Speaker Nancy Pelosi issued the following statement today after the House Financial Services Committee approved legislation to establish a Consumer Protection Financial Agency. Reuters; October 22, 2009 |
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Pelosi Ignoring Reality, Says Boehner
John Boehner spoke on the recent release of state-by-state unemployment figures, where 49 of 50 states have reported job losses. Boehner said Nancy Pelosi was ignoring reality when she claimed the stimulus ... TRN; 10/22/09 |
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A Stimulus by Any Other Name . . . Would Probably Smell the Same
Nancy Pelosi proved again today that members of Congress are no strangers to euphemizing. At a meeting this morning on Capitol Hill, Pelosi discussed a second round of stimulus spending ... Newsweek; October 21, 2009 |
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House moves to create jobs, prevent economy from slipping
House leaders plan to pour more cash into piecemeal measures aimed at creating jobs and maintaining a safety net for the unemployed in hopes of preventing a still-fragile economy from lapsing back , Nancy Pelosi said. WP; 10/21/09 |
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Lawmakers Weigh Measures to Spur Hiring, Short of a Second Stimulus
Nancy Pelosi said Wednesday there are no plans for lawmakers to push through a second economic-stimulus package, but she said individual job-creation measures could be pursued. WSJ; October 21, 2009 |
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Strains for Democrats in Budget-Balancing Act
... Afterward, Pelosi said Democrats would not have another big stimulus bill but instead a series of smaller ones. That reflects their sensitivity to the fact that a single bill would carry a bigger price tag. NYT; Oct. 21, 2009 |
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Feinberg Said to Order 50% Pay Cuts at Rescued Firms
... U.S. lawmakers including House Speaker Nancy Pelosi have criticized the bonuses at U.S. companies that accepted aid from the Treasury Department’s Troubled Asset Relief Program. Bloomberg; October 21, 2009 |
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Pelosi on Excessive Compensation for Executives at Companies Receiving TARP Funding: 'Enough is Enough'
Pelosi on Excessive Compensation for Executives at Companies Receiving TARP
Funding: 'Enough is Enough'. Reuters; October 21, 2009 |
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Casey's Daily Dispatch
... Last week, the WSJ ran a story on this very topic, revealing that House Speaker Nancy Pelosi is seriously considering “going there.” The full text of the brief but important story follows. Gold Spec; Oct. 17, 2009 |
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Democrats May Not Call It 'Stimulus' but Cost of Relief Proposals Adds Up
... Nancy Pelosi said she is also considering a Republican proposal to allow money-losing companies to use their losses to get refunds of taxes paid in the previous five years. Fox News; October 17, 2009 |
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Pelosi Statement on Comprehensive Regulation of Over-the-Counter Derivatives Marketplace
"Today's House Financial Services Committee vote to reform regulation of the over-the-counter derivatives market is a critical step forward in Congress' efforts to pass comprehensive ..." PR Newswire; October 15, 2009 |
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Bailout Helps Fuel a New Era of Wall Street Wealth
Even as the economy continues to struggle, much of Wall Street is minting money — and looking forward again to hefty bonuses. Many Americans wonder how this can possibly be. NYT; October 16, 2009 |
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The Dangers of a Value-Added Tax
On its way out of the recession, the economy may encounter a VAT blocking its way. Last week on PBS's "Charlie Rose Show," House Speaker Nancy Pelosi said she thinks "it's fair to look at a value-added tax." WSJ; 10/14/09 |
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Pelosi: Consumer Financial Protection Agency Will Help Protect Financial Interests of America's Families
Nancy Pelosi released the following statement today after Pres. Obama delivered remarks at the White House on the need for a consumer financial protection agency to protect the financial interests ... Reuters; October 9, 2009 |
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Congress eyes extending first-time homebuyer tax credit
The first-time homebuyer tax credit may be extended, and even expanded, House Speaker Nancy Pelosi says. The $8,000 credit is set to expire Dec. 1. Denver Business Journal; October 9, 2009 |
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Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector. ... Wikipedia; Linked on October 8, 2009 |
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Public Law 110-343: Emergency Economic Stabilization Act of 2008
Its formal title is "An Act To provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability ... Wikipedia; Linked on October 8, 2009 |
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Obama Confers With Reid and Pelosi on Economy, Jobs
President Barack Obama met today with Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi to discuss ways to bolster the economy and create jobs, administration spokeswoman Jen Psaki said. Wash Post; October 7, 2009 |
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Obama, lawmakers discuss safety net, job creation
... Obama met at the White House with House of Representatives Speaker Nancy Pelosi and Senate Majority Leader Harry Reid. "During the meeting they discussed the success of the Recovery Act ... " Reuters; October 7, 2009 |
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Mrs. Pelosi's VAT
Candor about taxes is rare in Washington, so when House Speaker Nancy Pelosi admits that Democrats may have to impose a huge new tax on the middle class to fund their spending ambitions, believe her. WSJ; October 8, 2009 |
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Pelosi Says: Let's Even The Tax Playing Field
Via Pethokoukis, I see that Nancy Pelosi is rallying behind the VAT as a way to even the competitive playing field with foreign manufacturers, especially European ones. US News & World Report; October 6, 2009 |
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No Pelosi tears over G-20 conflict
Recently, House Speaker Nancy Pelosi had to hold back tears as she described how fearful she was at the potential for violence from the angry right-wingers who have been protesting across ... Arizona Republic; Sept. 30, 2009 |
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Protest watch at the G-20
About an hour before the G-20 Resistance Group's unauthorized march is set to kick off here, activity has picked up in Pittsburgh's Arsenal Park, the staging area. msnbc: September 24, 2009 |
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TRAILER: Michael Moore's 'Capitalism: A Love Story' - OPENS NATIONWIDE OCTOBER 2nd!
Trailer; Linked on September 17, 2009 |
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Reid, Pelosi Thank Union Members, Pledge Action
The 2009 AFL-CIO Convention just got a message from the top leaders in Congress: We stand with you and with America’s workers. AFL-CIO Now Blog; September 13, 2009 |
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Pelosi: House to quickly extend jobless benefits
Nancy Pelosi on Thursday called an extension of jobless benefits "essential," signaling the House of Representatives will act quickly to keep as many as 100,000 Michiganians ... Detroit News; September 11, 2009 |
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Trade Gap Widens on Jump in Imports
The U.S. trade deficit widened substantially in July, indicating a rebound in global trade but also a possible drag on the nation's economic growth. WSJ; September 11, 2009 |
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Obama, Congress Might Extend Tax Breaks, Housing Aid (Update3)
... House Speaker Nancy Pelosi said lawmakers might extend an $8,000 tax credit for first-time homebuyers that is set to expire Dec. 1. Bloomberg; October 8, 2009 |
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Consumers to benefit as credit card law debuts
U.S. consumers will see on Thursday the first signs of the biggest overhaul of the credit card industry in at least two decades, as companies will be forced to ... Reuters; August 19, 2009 |
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Banks Balk at Agency Meant to Aid Consumers
Banks and mortgage lenders are placing top priority on killing President Obama’s proposal to create a new consumer protection agency ... NYT; June 30, 2009 |
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The case in favor of a second Great Depression
... Cowen had argued that the panic doubtless to ensue if there had been no bailout would have resulted in stronger government intervention later -- "a much worse and costlier bailout run by ... Pelosi." Salon; 8/26/09 |
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Pelosi, friend of the stimulus
The much-maligned stimulus package could use some friendly reassurance on its six-month anniversary, and Speaker Nancy Pelosi (D-Calif.) is more than happy to oblige. Politico; August 17, 2009 |
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Is Obama's stimulus working?
... Nancy Pelosi promised us "timely, temporary and targeted," but except for that $62 billion, we got none of the three T's. What we got is another big contribution from Uncle Sam to ... LA Times; August 19, 2009 |
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UPDATE: Pelosi, Frank Urge Pay Limits For TARP Companies
Nancy Pelos urged strict limits on executive compensation for companies that received rescue funds through the federal government, one day before seven companies are set to unveil their ... WSJ; August 12, 2009 |
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Pelosi: “Recovery Act Is A Gift That Keeps On Giving”
Today, at her weekly press conference, Speaker of the House Nancy Pelosi brought good news when she announced that $250 checks were on their way to 50 million seniors and disabled veterans. Talk Radio; May 6, 2009 |
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Inquiry Panel on the Economy Nears a Vote
... Lawmakers said the panel would tackle issues including oversight of Wall Street banks, regulatory agencies and an investors’ bill of rights. Pelosi has based the panel on the Pecora commission; NYT; 5/5/09 |
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Obama Seeks End of Corporate Tax Break to Raise $190 Billion
Pres. Obama proposed raising about $190 billion over the next decade by outlawing three offshore tax-avoidance techniques used by U.S. companies such as Caterpillar Inc. and Procter & Gamble Co. Bloomberg; 5/4/09 |
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House to vote on Financial Commission Wednesday
The House will act likely on Wednesday on legislation that would include a commission to examine the financial meltdown, according to Democratic and Republican Capitol Hill sources. msnbc; May 4, 2009 |
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Plastic People: Frank, Pelosi Don’t Want Credit Card Interest Rates Capped
The Credit Card Holders Bill of Rights passed the House last week, and now we have an answer to the question -- Nancy Pelosi and Barney Frank don't want caps on credit card interest rates. Firedoglake; May 4, 2009 |
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US House pushes for inquiry into Wall Street crisis
... Nancy Pelosi has been pushing for an investigation modeled after the Senate Banking Committee's 1933 probe into the causes of the stock market crash four years earlier ... Boston Globe; May 2, 2009 |
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Obama Faces Challenges On Budget Vows
Democrats defend the president's budget, arguing that to cut spending now would undermine efforts to heal the economy. House Speaker Nancy Pelosi said the budget would help fix it. NPR; May 1, 2009 |
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Pelosi Hails House Passage of Credit Cardholders' Bill of Rights Act
Nancy Pelosi issued the following statement today on House passage of the Credit Cardholders' Bill of Rights Act, which would end the unfair practices of the credit card industry ... PR Newswire; April 30, 2009 |
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U.S. House Lawmakers Move To Rein In Credit Card Firms
Lawmakers were moving on Thursday to restrict certain credit card industry practices, as supporters sought to give a boost to consumers amid the government's many efforts to bolster ... WSJ; April 30, 2009 |
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U.S. House acts to protect credit card users
The U.S. House of Representatives overwhelmingly voted on Thursday in favor of legislation to protect credit card users from hidden fees, sudden interest rate hikes and questionable billing practices. Reuters; 4/30/09 |
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Credit card bill may bog down again in the Senate
The bill passed the House last year with the support of nearly every Democrat and 84 Republicans. A similar outcome is expected in the coming weeks when Speaker Nancy Pelosi, D-Calif. ... SF Ex; April 20, 2009 |
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Public Perception, Reality Bedevil General Motors
... I highly recommend it to Nancy Pelosi and Rahm Emanuel, two otherwise intelligent Democrats who are given to fits of appalling ignorance in their public commentary on GM. Washington Post; April 19, 2009 |
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Pelosi: Stimulus just the start of Obama commitment to science
The economic stimulus plan could fund 16,000 scientific research grants that otherwise would not be funded, Speaker Nancy Pelosi said following a tour this morning of the Mission Bay campus ... Biz Journal; April 17, 2009 |
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Financial Crisis Must Be Probed, Pelosi Says
Nancy Pelosi has endorsed a proposal to create a special congressional committee to investigate the causes of the financial sector meltdown, giving the idea bipartisan momentum in Congress. Wash Post; April 17, 2009 |
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US Pelosi: Commission Needed To Investigate Financial Crisis
Nancy Pelosi called for a congressional commission to investigate the causes of the financial crisis, according to a Pelosi spokesman. WSJ; April 16, 2009 |
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Pelosi calls for panel to probe Wall Street
Nancy Pelosi, saying that the American people are demanding "discipline and accountability" after the multibillion-dollar federal bailouts, promised Wednesday to create a legislative commission ... SF Chron; 4/16/09 |
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A Vow of Help to Homeowners
Housing prices have plummeted, foreclosures are strangling the economy and House Speaker Nancy Pelosi couldn't seem to remember his name a few weeks after he was confirmed ... Washington Post; April 9, 2009 |
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Schneider: Americans less pessimistic about the economy
CNN's Larry King asked House Speaker Nancy Pelosi on Tuesday if the economy is turning around. She said yes. CNN; April 8, 2009 |
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Speaker Pelosi on the Daily Show
Stewart asks Pelosi how he can get in on the TARP money: "not a billion — just 500 million." Politico; April 9, 2009 |
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Speaker Pelosi touts stimulus in Hollywood
House Speaker Nancy Pelosi was in South Florida on Monday, stopping in at a community health center in Hollywood to tout how the stimulus bill will create new jobs and expand access to health care. S. Fla. Biz; 4/20/09 |
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Bank tests could put Treasury in tough spot
... Nancy Pelosi told the White House recently not to come back for more money, according to an official familiar with the conversation. ... Reuters; April 7, 2009 |
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Unemployment rate jumps to 8.5 percent
The nation’s unemployment rate rose sharply in March, to 8.5 percent, a grim reminder of the troubled economy despite the Wall Street rally of the last few weeks. The Hill; April 3, 2009 |
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Pelosi on House Passage of Pay for Performance Act: 'A Matter of Simple Fairness'
Nancy Pelosi released the following statement on the House's passage of the Pay for Performance Act, which will restrict compensation and bonuses at companies that receive capital infusions ... PRI; April 1, 2009 |
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Bay Area firms reach for federal stimulus cash
As the federal government prepares to pour billions of dollars of stimulus money into California, Julia Fry plans to seek about $1 million to help her Berkeley firm expand. SF Chron; April 5, 2009 |
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What price should Hoekstra pay for Constitution-shredding tax vote?
Our U.S. Constitution is under attack from within after the U.S. House cast a resounding 328 yes vote to punish AIG executives after the fact for retention and other bonuses ... Detroit News; March 27, 2009 |
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US Rep Pelosi Calls For Caution On Bonus Legislation
Nancy Pelosi urged caution on legislation aimed at stopping bonuses for executives at the American International Group Inc. (AIG), saying she wanted to limit "collateral damage" ... WSJ; March 26, 2009
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Bonus Limits Must Target Abuses, Not Normal Pay, Pelosi Says
Nancy Pelosi said any legislation limiting bonuses at companies getting federal bailouts should distinguish between abuses and middle-income people who receive bonuses as part of their normal pay. Bloomberg; 3/26/09 |
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Pelosi Welcomes Geithner's Call For Expanded Treasury Powers
Nancy Pelosi, D-Calif., welcomed a proposal from Treasury Secretary Timothy Geithner to give the Treasury the authority to unwind large, nonbank financial institutions that have become insolvent. WSJ; March 24, 2009 |
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With Friends Like Pelosi . . .
It is still early, not even two-thirds of the way through the vaunted 100 days, and we are all admonished not to make judgments or dire predictions. Wash Post; March 24, 2009 |
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Nancy Pelosi’s Infrastructure Choices
Nancy Pelosi claims she is committed to public transit and reducing motor vehicle congestion. In a speech to the Regional Plan Association (RPA) last April she said her flagship issues ... SF Streetsblog; 1/28/09 |
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Questions for Reform
... It is clear, however, that there is bipartisan resistance to a thorough investigation of what caused the collapse. There have been hearings galore. ... NYT; March 28, 2009 (Nancy Pelosi voted FOR G-L-B.) |
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Obama's toxic advisers
Bernie Sanders, the senator from Vermont who is independent in spirit as well as party label, has placed a hold on President Obama's nomination of Gary Gensler to head ... SF Chron; March 26, 2009 |
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StateRecovery.org
The economic recovery package includes critically needed funding which states can use to help stabilize their budgets and stimulate economic growth. Linked on March 26, 2009 |
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Pelosi trucks in millions for city
Nancy Pelosi wrangled $34 million in federal earmark funding for San Francisco projects, ranging from big-ticket items such as the rebuild of Doyle Drive ... SF Examiner; March 19, 2009 |
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AIG fallout burnishes some, taints others
After a week of talk over controversial bonuses handed out to executives at AIG, those on the winning and losing end of the political fallout are either licking their chops or licking their wounds ... The Hill; 3/22/09 |
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Bail-outrage a big test for Obama
In the kind of congressional bipartisanship that in recent years has been reserved for naming post offices, the U.S. House of Representatives yesterday voted ... Philadelphia Daily News; March 20, 2009 |
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Tax 'Em Bill Moves Ahead
Nancy Pelosi is jumping ahead with a bill tomorrow to tax the AIG execs who got those much-maligned bonuses. New York Daily News; March 18, 2009 |
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U.S. House to vote Thursday to recoup AIG bonuses
The U.S. House of Representatives ... will vote on Thursday on a bill to recoup most of the bonuses paid to AIG executives after the insurer got billions of dollars in government aid ... Reuters; March 18, 2009 |
131 |
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Home builders split on tax break
The large home builders and some small builders were outraged that Mr. Howard wrote a letter Pelosi ... expressing concern that large builders might abuse the tax break to dump land at discount prices. LAT; 3/17/09 |
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US House aims for AIG bonus legislation by next week
Nancy Pelosi said on Tuesday she hoped lawmakers could move by next week on legislation to get back millions of dollars in bonuses from American International Group Inc. (AIG.N) employees ... Reuters; March 17, 2009 |
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Getting Our Economy Back on Track
Many African-American families are bearing the brunt of our nation’s current economic challenges, as seen by high rates of foreclosure and unemployment within the African- American community. By Nancy Pelosi; Afro; 3/17/09 |
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Miller proposes 100% tax on AIG bonuses
... n rides Rep. George Miller ... to the rescue today. After House Speaker Nancy Pelosi's call yesterday for AIG looters to voluntarily return their millions went unheeded ... SF Chron; March 17, 2009 |
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House Speaker Says Collective Bargaining Should Pass For Firefighters
Monday House Speaker Nancy Pelosi thanked the nation's firefighters for protecting Americans. She joined them at an annual conference in Washington D.C. WMDT.com; March 16, 2009 |
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Pelosi: Stim will create/save "three million plus" jobs
Nancy Pelosi isn't quite as optimistic as she used to be about the job-creating potential of the stimulus package -- telling Charlie Rose on PBS that it will probably fall short of the four million ... Politico; 3/15/09 |
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The Buzz About a Second Stimulus Package
Democratic officials have been busily trying to tamp down talk of a second stimulus package anytime soon, after their support for that possibility set off a flurry of headlines ... NYT; March 12, 2009 |
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No second stimulus soon, Pelosi says
A second infusion of cash into the struggling U.S. economy won't happen anytime soon, U.S. House of Representatives Speaker Nancy Pelosi said. UPI; March 13, 2009 |
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Pelosi dampens hopes for more stimulus aid soon
House Speaker Nancy Pelosi said Thursday that a second economic stimulus package is not "in the cards" in the short term ... SF Chron; March 13, 2009 |
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House Dems say no new stimulus in the works
House Democratic aides denied Wednesday that work is already underway on a second stimulus package. The pushback came a day after Nancy Pelosi suggested more stimulus spending might be needed ... CNN; 3/11/09 |
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Dems push to quell furor over AIG bonuses
House Democrats moved to quell the public storm over $165 million paid to disgraced traders at insurer AIG, but their frantic efforts appeared to threaten key parts of President Obama's agenda ... SF Chron; March 21, 2009 |
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Wyden: My Bill Could Have Prevented AIG Mess
Senator Ron Wyden said on Tuesday that the furor surrounding AIG's bonus payments could have been avoided had the Obama White House and members of Congress simply backed legislation ... Huff Post; March 17, 2009 |
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Lawmakers Weigh Need for Second Stimulus to Spur Job Growth
The ink is barely dry on the $787 billion economic stimulus package enacted by Congress, and talk is already beginning on Capitol Hill of the need for a second measure to spur job growth. WSJ: March 11, 2009 |
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Pelosi Already Talking About Second Stimulus
Paul Krugman's sense is that come late this year, GDP will still be falling sharply, unemployment will be soaring, and that Obama will have to push through a second stimulus ... The Business Insider; March 10, 2009 |
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Congress May Need to Fund Another Stimulus, Pelosi Says
Nancy Pelosi said yesterday that the federal government may have to spend even more money to shore up the nation's ailing economy, on top of the more than $1.6 trillion so far approved by Congress. Wash Post; 3/11/09 |
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Obama taking big political risk with budget
Obama is risking his presidency on the most ambitious remake of the federal government ... raising jitters among moderate Democrats and presenting Pelosi with the most daunting challenge ... SF Chron; 3/8/09 |
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Is Pelosi on same page as Obama?
When San Francisco's Chamber of Commerce-led delegation meets with Nancy Pelosi during its stimulus-dollarhunting expedition in D.C. next week, members might want to ascertain whether ... SF Chron; March 8, 2009 |
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Elizabeth Warren: Foreclosures Threaten Economy
According to a report issued Mar. 6, 2009 by the Congressional Oversight Panel ... the rate of home foreclosure is now three times its historic rate. Fresh Air, NPR; March 6, 2009 |
143 |
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If We Are in the Death Spiral of Capitalism, Can We Start Using the "S" Word?
The electroshock paddles of "stimulus" keep being applied, but the capitalist patient isn't waking up. Is it now safe to talk about socialism? AlterNet; March 6, 2009 |
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Continuing Job Losses May Signal Broad Economic Shift
Another 651,000 jobs disappeared from the American economy in February, the government reported Friday, as the unemployment rate soared to 8.1 percent — its highest level since 1983. NYT; March 6, 2009 |
105 |
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Ellen Tauscher (D-BofA) Helps Bank Lobbyists Write Our Laws
... The upshot? Nancy Pelosi "buckled" and suspended consideration of the housing bill at a time when it is desperately needed. ... Huffington Post; March 3, 2009 |
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The American Recovery and Reinvestment Act
The American Recovery and Reinvestment Act will be carried out with full transparency and accountability ... Recovery.gov; Linked on March 2, 2009 |
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East Coast storm postpones House mortgage vote
... Nancy Pelosi said Democrats wanted more time to understand the bill, which has been attacked by the banking and lending industries. Reuters; March 2, 2009 |
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CQ Transcript: House Speaker Nancy Pelosi on Obama Administration Budget
PELOSI: Seems I’m always apologizing (inaudible) for coming a little bit later. ... CQ Politics; February 26, 2009 |
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Under Obama plan, tax burden shifts to the wealthy
... "This is a budget about a new era of responsibility," House Speaker Nancy Pelosi said. "This is about accountability, fiscal discipline, cutting waste, fraud and abuse." ... AP; February 26, 2009 |
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Pelosi: Any Government Ownership Of Banks Should Be 'Transitional'
Any U.S. gov't move to take a majority stake in troubled U.S. banks should be "transitional" and not result in shareholders losing their entire holdings ... Nancy Pelosi said ... CNNMoney; February 24, 2009 |
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Don't mess with Joe
Biden breaks into a huge grin, Nancy Pelosi stands to applaud the Veep. Weird moment of humor because it almost sounds patronizing. LA Times; February 24, 2009 |
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Nancy Pelosi: "Nationalizing" Banks Is Simply "Semantics" (VIDEO)
MSNBC reports that Speaker of the House Nancy Pelosi, speaking to reporters, said that the discussion over the federal government's latest moves to prop up the banks is simply "semantics." Huff Post; 02/24/09 |
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What We Don’t Know Will Hurt Us
AND so on the 29th day of his presidency, Barack Obama signed the stimulus bill. But the earth did not move. The Dow Jones fell almost 300 points. NYT; February 21, 2009 |
20 |
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The Case for Nationalizing the Entire Economy
The advocates for nationalizing U.S. banks have been out in force recently. Senator Lindsay Graham, who almost certainly does not have a PhD in economics or finance ... Time Magazine; February 16, 2009 |
163 |
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25 People to Blame for the Financial Crisis
The son of a butcher, Mozilo co-founded Countrywide in 1969 and built it into the largest mortgage lender in the U.S. ... Time Magazine; February 2009 |
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Twenty-five people at the heart of the meltdown ...
The worst economic turmoil since the Great Depression is not a natural phenomenon but a man-made disaster in which we all played a part. Guardian UK; January 26, 2009 |
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Pelosi pushes budget austerity
Nancy Pelosi put pledge to paper on Thursday by sending her committee chairmen a letter asking them to "conduct rigorous oversight of all aspects of federal spending" ... Politico; February 20, 2009 |
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House passes stimulus bill with $50 million for artists
By a vote of 246 to 183, the House of Representatives has passed the $787-billion economic stimulus bill, hammered out Thursday between House and Senate conferees. Los Angeles Times; February 13, 2009 |
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$787b stimulus bill approved
Less than one month after President Obama took office, Congress last night passed his flagship proposal, an unprecedented collection of tax cuts and new spending ... Boston Globe; February 14, 2009 |
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Saving Federal Arts Funds: Selling Culture as an Economic Force
One would be hard pressed to argue that a call from Robert Redford to the speaker of the House, Nancy Pelosi, helped salvage money for the arts in the economic-stimulus bill last week. NYT; February 15, 2009 |
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Fragile talks, late-night intrigue, partisan sniping: This is how the stimulus passed
... Now, with two versions of the largest legislative expenditure in the nation’s history before them, ... Pelosi and Reid had to engage in what had become in Washington the lost art of compromise. Las Vegas Sun; 2/15/09 |
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Recovery Bill Gets Final Approval
Congress on Friday approved a $787 billion economic stimulus measure, meeting the crushing mid-February deadline that Democrats had set for adopting the centerpiece of President Obama’s ... NYT; February 13, 2009 |
142 |
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Democrats muscle huge stimulus through Congress
In a major victory for ... Obama, Democrats muscled a huge, $787 billion stimulus bill through Congress ... in hopes of combating the worst economic crisis since the Great Depression. SF Chron; February 13, 2009 |
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Key lawmakers reach deal on $789B stimulus bill
... But in a bewildering — if temporary — turn of events, House Speaker Nancy Pelosi and the White House withheld immediate expressions of support. SF Gate; February 11, 2009 |
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Stimulus Package: Pelosi Vows to Fight Republican Spending Cuts
House Speaker Nancy Pelosi made a rare public appearance in her congressional district of San Francisco Sunday, serving the 35 millionth meal at a Tenderloin soup kitchen. FCJ; February 9, 2009 |
156 |
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Obama greets stimulus deal, pounds Republican ideas
... Nancy Pelosi, speaker of the House of Representatives, predicted Obama would have a finished product to sign by mid-February. ... Reuters; February 7, 2009 |
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Competing stimulus bills divide Congress
With the Senate expected to narrowly approve its version of an economic stimulus bill, lawmakers from the House and Senate will face difficult negotiations ... AP; February 8, 2009 |
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Sex and the Stimulus
Recent discussions that the planned stimulus package will not be enough to get the economy moving again included some eye-winking debate over public support for family planning. NYT; February 5, 2009 |
145 |
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Rahm Throws Pelosi Under The Bus To Save Stimulus Bill
The story of the morning seems to be that the Obama team is unhappy with Nancy Pelosi and the House committee chairs for delivering up such a liberal, pork-laden bill ... Huff Post; February 5, 2009 |
145 |
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Speaker Pelosi to Serve 35th Millionth Meal at St. Anthony Foundation
Speaker Nancy Pelosi, a long time volunteer and supporter of St. Anthony's, will be at St. Anthony's on Sunday, February 8th to serve the organization's historic 35th million meal ... PRNewswire; February 6, 2009 |
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House Speaker Pelosi sees stimulus bill advancing
U.S. House of Representatives Speaker Nancy Pelosi on Friday said it was her "understanding" that the Senate would "produce a bill today" on economic stimulus. Reuters; February 6, 2009 |
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Pelosi Calls Cuts to Stimulus Bill ‘Very Damaging’
Nancy Pelosi refused to give any ground today, despite the fact that the Senate was preparing to reduce the size of the stimulus package by billions of dollars ... NYT; February 6, 2009 |
21 |
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Obama's economic recovery plan on track in Senate
... Also included is a tax credit of up to $15,000 for homebuyers and smaller breaks for people buying new cars. ... SF Chron; February 7, 2009 |
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Congressman Dennis Kucinch - Bank bailouts are an unprecedented fraud
America continues to be fleeced by big business and politicians from Harry Reid to John McCain and Barack Obama. Daily Newscaster; February 2, 2009 |
100 |
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New Plan to Help Banks Sell Bad Assets
After weeks of internal debate, the Obama administration has settled on a plan to inject billions of dollars in fresh capital into banks and entice investors to purchase their most troubled assets. NYT; February 6, 2009 |
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Pelosi errs in calculations
Pelosi inaccurately refers to 500 million unemployed Americans. She meant 500,000 -- but doesn't count the ones who are "self employed" and cannot find people to hire them for their services. YouTube; February 5, 2009 |
177 |
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Obama vs. Pelosi
Rep. Jim Cooper, a conservative Democrat from Tennessee, told a liberal radio network that the Obama White House encouraged him to pick a fight with Nancy Pelosi on the stimulus bill. The Weekly Standard; February 3, 2009 |
78 |
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Bernanke, House Speaker Pelosi to meet on economy
Federal Reserve Chairman Ben Bernanke will travel to Capitol Hill on Tuesday to discuss the U.S. economy with House Speaker Nancy Pelosi ... Reuters; February 3, 2009 |
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The Charmingly Dry Wit of Nancy Pelosi
There are many truisms of life inside the Capitol that occasionally surface in media coverage but are rarely explained straight-up to those outside the building. TPM; February 2009 |
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House Dems may work through holiday weekend
House Democrats are prepared to work through Presidents Day weekend now that party leaders anticipate going to conference with the Senate to work out differences on competing economic stimulus bills. The Hill; 2/4/09 |
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A "country of Africa" moment for Nancy Pelosi
Let's be fair. It's pretty obvious that she meant to say "500,000 Americans will lose their jobs." Wizbang; February 4, 2009 |
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Pelosi: More Americans to lose jobs than there are Americans
President Barack Obama, in an apparent effort to push his embattled economic stimulus package, has taken to opening virtually every public statement with some powerfully ... LA Times; February 2009 |
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GOP blames Pelosi for snag in stimulus bill
Senate Republicans blamed House Speaker Nancy Pelosi of San Francisco Wednesday for tripping up President Obama's $902 billion stimulus bill, as the giant legislation remained in the Senate ... SF Chron; February 5, 2009 |
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Pelosi in spotlight during battle over stimulus
The drama over President Obama's pricey stimulus package has put House Speaker Nancy Pelosi at center stage. SF Chron; February 5, 2009 |
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It's Not Going to Be Ok
The daily bleeding of thousands of jobs will soon turn our economic crisis into a political crisis. The street protests, strikes and riots that have rattled ... truthdig; February 3, 2009 |
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New direction for the economy
... Obama [has] offered a new direction for our nation. Our new President pledged, "action, bold and swift...not only to create new jobs, but to lay a foundation for growth." Nancy Pelosi op-ed; SF Chron; 2/2/09 |
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Nationalization Gets a New, Serious Look
Only five days into the Obama presidency, members of the new administration and Democratic leaders in Congress are already dancing around one of the most politically delicate questions ... NYT; Jan. 25, 2009 |
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House Passes Stimulus Plan With No G.O.P. Votes
Without a single Republican vote, President Obama won House approval on Wednesday for an $819 billion economic recovery plan as Congressional Democrats sought to temper their own differences ... NYT; January 29, 2009 |
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Pelosi: I Don't Respond To Limbaugh, Drudge
At her weekly press conference this morning, House Speaker Nancy Pelosi was asked about criticism from Rush Limbaugh and Matt Drudge over the massive stimulus package that the House passed yesterday. CBS; January 29, 2009 |
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Pelosi dismisses stimulus criticism
House Speaker Nancy Pelosi (D-Calif.) swatted away criticism of the Democrats’ economic stimulus Wednesday as the House prepares to vote on the $825 billion package. The Hill; January 28, 2009 |
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House passes economic stimulus bill
The Democratic-controlled House of Representatives quickly approved President Obama's $819 billion economic recovery plan Wednesday. USA Today; January 28, 2009 |
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Pelosi: Changing US Bankruptcy Law Is A Top Priority
Congressional Democrats could move quickly to alter U.S. bankruptcy laws to help struggling homeowners, the top House Democrat said Thursday ... WSJ; January 22, 2009 |
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Republicans upset as House panels move on stimulus
... U.S. House of Representatives committees on Thursday backed a raft of tax cuts and spending programs as part of the $825 billion package to boost the ailing economy ... Reuters; January 22, 2009 |
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House Dems push tax breaks through committee
Amid grim new evidence of economic weakness, legislation at the heart of President Barack Obama's recovery plan advanced in Congress Thursday over the persistent opposition of Republicans seeking deeper tax cuts. AP; 1/22/09 |
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House Energy Committee Approves ‘Green’ Spending in Stimulus
A House panel today approved spending an estimated $54 billion in economic stimulus funds for environmentally friendly energy projects ... Bloomberg; January 22, 2009 |
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Recovery plan advances..Reshaping security policy...Pentagon to...
... Speaker Nancy Pelosi says she's "very pleased with the progress." A $275-billion tax-cut package cleared the Ways and Means Committee today and a vote in the full House is expected next week. ... AP; January 22, 2009 |
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Stimulus Plan Meets More GOP Resistance
Just days after taking office vowing to end the political era of "petty grievances," President Obama ran into mounting GOP opposition yesterday to an economic stimulus plan that he had hoped ... Washington Post; 1/23/09 |
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Utilities Fear US Stimulus Will Shut Out Private Investment
Big utilities are raising objections to an economic stimulus package unveiled in the U.S. House of Representatives, concerned that some $3.25 billion in funding for the construction ... WSJ; January 21, 2009 |
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Waving Goodbye to Reaganism: Terms of the Tax Debate Continue to Tectonically Shift
There's a pretty intense (and terrific) fight brewing over budgetary issues right now - a fight whose contours are tilting the terms of debate away from Reaganism and toward progressive policy goals. Open Left; 1/22/09 |
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Pelosi targets Bush tax cuts
Here's some very good news from someone who is not my favorite politician: House Speaker Nancy Pelosi is pushing to repeal the Bush tax cuts, two years before they expire. SFBG; January 23, 2009 |
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Speaker Pelosi weighs repeal of Bush era tax cuts
Nancy Pelosi wants Congress to consider repealing President George W. Bush's tax cuts well before they expire in 2010, in contrast to what President-elect Barack Obama is proposing. AP; January 18, 2009 |
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Pelosi: House Will Take Up TARP Reforms Next Week
Place this in the “legislative-futility” column. Just a few hours after the Senate voted yesterday to grant the Obama administration its request for the second $350 billion ... Washington Independent; January 16, 2009 |
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Obama wants $825B plan in play before Congress' recess
House Speaker Nancy Pelosi, D-Calif., called the introduction of the proposed $825 billion economic-stimulus package the "first step" in a process that would take at least a few weeks to become law. SmartBrief; 1/16/09 |
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Recovery plan needs to include rural areas, Markey says
A significant amount of any economic recovery package has to be invested in rural areas, Rep. Betsy Markey and 19 of her colleagues said in a letter today to House Speaker Nancy Pelosi. coloradoan.com; 1/13/09 |
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Pelosi: 'We Are Making Great Progress' on Economic Recovery Package
Nancy Pelosi, ... Harry Reid, and Democratic House and Senate leaders held a media availability late this afternoon prior to their bicameral meeting on the economic recovery package. PR Newswire; January 13, 2009 |
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Obama wants bailout spending clear
... Nancy Pelosi said that the economic package being negotiated might well end up costing more than $775 billion. Some lawmakers have put the price tag at nearly $1 trillion. ... Ohio.com; January 13, 2009 |
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Why this Congress may be more moderate than some expect
Some American business executives and Republican politicians, cautiously optimistic or in some cases dismissive about Barack Obama, still have their Washington villains: Nancy Pelosi ... Intern'l Herald Tribune; 1/11/09 |
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Pelosi vows to keep stimulus free of earmarks
House Speaker Nancy Pelosi (D-Calif.) on Sunday vowed that there will be no earmarks in the upcoming economic stimulus bill that Congress and the incoming Obama administration are negotiating. The Hill; Jan.11, 2009 |
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President-Elect Obama Arrives in Washington, D.C.
President-elect Obama ... met individually with both Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid to discuss the economic stimulus package ... Adminet cawa; January 5, 2009 |
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Obama Arrives On Hill for Consultations with Congress
TPM Video. By Ben Craw - January 5, 2009, 1:03PM |
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Obama Discusses Tax Cut On First Day Back: Wants $500 Tax Cut For Most Workers
President-elect Barack Obama declared the national economy was "bad and getting worse" Monday as he began crisis talks with congressional leaders on emergency action. Huff Post; Jan. 5, 2008 (But what if you aren't working?) |
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Obama, Pelosi to Discuss Scope of Economic Package
Barack Obama will meet with Nancy Pelosi on Monday as Congress prepares to reconvene and debate a massive recovery plan for the nation's struggling economy, according to Democratic sources. Wash Post; Jan. 1, 2009 |
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Boehner: Stimulus may be too costly
Boehner is referring to a strategy often employed by Nancy Pelosi that bypasses committee chairmen in favor of having House leadership assemble a bill ... Chicago Tribune; December 29, 2008 |
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McConnell Urges Caution in Debate on Economic Stimulus Measure
... House Speaker Nancy Pelosi, a California Democrat, says her goal is to send legislation to Obama on the day of his inauguration. ... Bloomberg.com; December 30, 2008 |
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Republicans want say in stimulus plan
... Democratic aides are working over the holidays on a massive bill to shore up the economy yet again. Nancy Pelosi and Senate Dems have said they want Congress to consider the legislation ... next month. AP; 12/29/08 |
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David Sirota on the New Deal
I appeared on Fox News yesterday to discuss both the Blagojevich flap and the imminent economic recovery package from the Obama administration. Huff Post; December 25, 2008 |
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U.S. Congress members accept pay increase
Each member of Congress will receive a $4,700 pay increase at the beginning of the year. Congress has set up for themselves an automatic “cost-of living adjustment” ... MINA; December 24, 2008 |
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Congress moves to crack down on bailout recipients
Lawmakers are turning up the heat on banks that have received money from the Treasury Department's $700 billion rescue fund after the AP reported that they wouldn't say how they are using the money. AP; 12/23/2008 |
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Survivor: Detroit
It came as a relief that President Bush was willing to break free of ideology long enough to keep General Motors and Chrysler from collapsing into a pile of rubble on his watch. NYT; December 19, 2008 |
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TWO VIEWS OF THE NEW DEAL
House Speaker Nancy Pelosi wasted no time cautioning Americans that they should not let hope run away with them just because the Democrats scored an electoral landslide in November. SF Chron; December 19, 2008 |
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Obama Team Is Seeking Stimulus Bill by New Year
... Democrats familiar with the early deliberations say the preliminary price tag has grown to about $800 billion from the roughly $600 billion that Nancy Pelosi had estimated in recent days. NYT; December 18, 2008 |
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From bridges to police: U.S. draws up stimulus plan
U.S. Democratic congressional leaders were negotiating details on Thursday of a huge plan to jolt the American economy ... Reuters; December 18, 2008 |
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Pelosi: Bush should provide immediate auto aid
The speaker of the House says grim new unemployment data heighten the urgency for the Bush administration to act to prevent "the imminent insolvency of the domestic auto industry." AP; December 18, 2008 |
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Obama May Seek a Stimulus Plan Exceeding $850 Billion
... The sum would exceed initial estimates by Nancy Pelosi ... as well as surpassing what some economists and the International Monetary Fund say is required. Bloomberg; December 19, 2008 |
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Dude, where's my $700 billion?
... Nancy Pelosi was reduced to scolding Bush and Paulson after the fact for their failure to use the money to help homeowners. ... Salon.com; December 17, 2008 |
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White House looking at auto aid options
Stakeholders in the U.S. auto industry must show they're willing to sacrifice if assistance funds are to be allotted, a White House spokeswoman said Tuesday. UPI; December 16, 2008 |
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Pelosi says stimulus package work under way
House Speaker Nancy Pelosi, D-Calif., says legislators are working on crafting an economic stimulus package in the neighborhood of $600 billion. SmartBrief; December 16, 2008 |
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Administration says it's still working on bailout
The White House sought Tuesday to play down prospects for an imminent bailout for distressed U.S. automakers and suggested any deal requiring taxpayer money will require major concessions ... AP; December 16, 2008 |
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Economic Crisis Offers Hints of Executive Style
He will not formally take power for almost six weeks, but President-elect Barack Obama is already showing some glimpses of how he will wield it. NYT; December 12, 2008 |
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Pelosi sees bigger, greener stimulus
Nancy Pelosi (D-Calif.) has increased the size of the economic stimulus package she will support when Congress reconvenes next month, saying it will need to be $500 billion to $600 billion. MLive.com; December 12, 2008 |
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Senate Republicans give auto pushback
The White House met stiff resistance from Senate Republicans to its auto bailout bill Wednesday, casting doubt on President Bush’s ability to enact the $14 billion measure ... Politico; December 10, 2008 |
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House OKs $14 billion auto bailout
The auto bill cleared its first major hurdle Wednesday by winning passage in the House of Reps. The vote stuck close to party lines and the bill was approved with the support of Nancy Pelosi. ABC; 12/10/08
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Pelosi: House should have stimlus bill ready soon
Speaker Nancy Pelosi says the House of Representatives is ready and committed to having an economic stimulus bill ready by early January. AP; December 9, 2008 |
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Economy in turmoil and bailout plans adrift
... With GM threatening to topple by the end of this month, Nancy Pelosi reached a compromise with the Bush admin. on a temporary loan for less than half the $34 billion the automakers wanted. SF Chron; 12/7/08 |
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Nationalize GM -- Or at Least Think About It
With the U.S. government offering trillions of dollars in supports for the financial sector, it is startling to witness the casual way ... Common Dreams; December 3, 2008 |
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GM, Chrysler warn Congress of doom
Detroit’s Big Three asked Congress Tuesday for upwards of $34 billion in federal loans to help the American auto industry restructure itself without falling into bankruptcies this winter. Politico; December 3, 2008 |
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The Pelosi Record
A new poll has found that most young Americans who went to the polls on November 4th, and presumably voted for Barack Obama, had no idea that the Democrats have run Congress the last two years. WSJ; December 2, 2008 |
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Pelosi, Reid set conditions for auto bailout
House and Senate leaders are tying strings to the automotive bailout sought by domestic automakers. Nancy Pelosi and Harry Reid sent a letter to the executives of the big three ... After Market Business; 11/26/08
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Pelosi Presses Bush To Support Stimulus
Citing yet another round of woeful economic news, Speaker Nancy Pelosi (D-Calif.) pressed President Bush again on Wednesday to accept an interim spending package to boost the shrinking economy. CBS/Politico; 11/26/08 |
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U.S. Automakers Told To Draft Viability Plan
The Bush administration yesterday said Detroit's Big Three automakers must show they have a plan to ensure their financial viability if they are to win support for emergency loans ... Washington Post; Nov. 26, 2008 |
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‘Recovery’ Is in; ‘Stimulus’ Is So Seven Months Ago
Democrats are bailing out on the word “stimulus.” Rahm Emanuel said “stimulus” was Washington-speak. NYT; November 25, 2008 |
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Pelosi, Reid Set Terms For Auto Bailout Debate
Dem. leaders in Congress spelled out the terms Friday for Detroit's auto makers to be considered for government aid ... CNNMoney.com; November 21, 2008 |
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Is What's Good For Automakers Good For Us?
At hearing this week, Congress essentially told U.S. automakers "not so fast." NPR; November 22, 2008 |
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Automakers need to make case for government aid
Dem. leaders ordered Detroit's Big 3 automakers Friday to submit aloan application to Congress so lawmakers can decide whether to give the industry a $25 billion lifeline. Yahoo News! November 22, 2008 |
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Dems delay auto bailout vote, seek plan from Big 3
"Until they show us the plan, we cannot show them the money," Speaker Nancy Pelosi, D-Calif., said at a hastily called news conference in the Capitol. Yahoo News; November 20, 2008 |
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Let Detroit Go Bankrupt
IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. NYT; November 19, 2008 |
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Reid seeks to lower expectations for auto bailout
The top Senate Dem. sought Wednesday to lower expectations for legislation this week to help carmakers, saying it would be the Bush administration's job to save the industry if Congress doesn't. Yahoo News; 11/19/08 |
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Is Detroit worth saving?
Why bail out the car companies when they bailed out on us? General Motors and Ford burned through a stunning $14.6 billion in cash last quarter. Salon; November 18, 2008 |
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Democrats' Soft Spot for Automakers Have Shielded Detroit from Its Own Bad Decisions
Dismal auto sales and all-time stock lows may obliterate the Big 3. So the auto lobby is back on Capitol Hill warming up to some of their best friends -- Democrats -- to secure $25 billion in loans. AlterNet; 11/17/08 |
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Zapping the Volt
It's hard to imagine that at a time when an unprecedented amount of wealth is held by the top 1% of the US population -- 24% in as of 2006, a level not seen since just before the depression ... The Nation; 11/17/08 |
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The Bailout Blues: Taxpayers can't fix what's ailing auto industry
With House Speaker Nancy Pelosi's announcement of helping bail out the U.S. auto industry, it just got me thinking. I have a business and the economy is really affecting it. The Reporter; November 16, 2008 |
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Union chief vows no concessions for Big 3
Even as Detroit's Big Three teeter on collapse, United Auto Workers president Ron Gettelfinger said yesterday that workers will not make any more concessions ... boston.com; November 16, 2008 |
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Pelosi sets conditions for car bail-out funds
THE Speaker of the US House of Representatives, Nancy Pelosi, says the country's car makers need to restructure "to ensure their long-term economic viability." Sydney Morning Herald; November 17, 2008 |
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Paulson, Bernanke brief lawmakers on bailout
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke came to Capitol Hill on Monday to field questions from leading Democrats on how the $700 billion financial bailout bill is working. Reuters; 11/17/08 |
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Bankruptcy or Bailout for Automakers?
The chorus for an auto industry bailout is building, and the Senate took up the issue of a $25 billion emergency loan for automakers, to be paid for out of the $700 billion economic rescue package. ABC News; 11/17/08 |
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To bail out or not to bail out...
U.S. automakers are anxiously awaiting word on whether the government will decide to bail them out of financial trouble. Over the weekend, House Speaker Nancy Pelosi ... baynews9.com; November 17, 2008 |
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Auto loan push heats up
Detroit automakers and suppliers intensified lobbying efforts on Monday to win $25 billion in immediate aid and will ramp up again today. Detroit News; November 17, 2008 |
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Big 3 carmakers beg for $25B, warn of catastrophe
Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry ... Yahoo News; November 18, 2008 |
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Auto executives take case for bailout to Congress
U.S. auto executives were set to take their case for a $25 billion industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition ... Reuters; November 18, 2008 |
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Congress debating auto industry bailout
The future of the U.S. auto industry is on the line this week, as Congress debates whether to pass a $25 billion loan package aimed at keeping the struggling Big Three. SF Chron; November 17, 2008 |
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The next bailouts
Once Congress and the Bush admin. agreed to fund financial institutions to the tune of $700b, an army of industries, businesses and nonprofit entities have swarmed Capitol Hill to say "me, too." SF Chron; 11/17/08 |
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Naomi Klein on the Bailout Profiteers and the Multi-Trillion-Dollar Crime Scene
Naomi Klein: reverse Robin Hood gone mad. Resurrection of discredited free trade deals. We should be burying for good the whole agenda of deregulation ... Democracy Now! November 17, 2008 |
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Perspective counts
As long as Hillary Clinton, and now Gloria Steinem, have chosen to play the women's card against the race card, let me throw in a third one: the class card. Glass-Steagall Act repeal commentary from SF Gate; 1/9/08 |
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On the edge
IF NOTHING else, the revelation by General Motors (GM) on November 7th that it is in danger of running out of cash before the end of the year has concentrated minds. The Economist; November 13, 2008 |
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Don't subsidize industrial dinosaurs
AFTER WRITING uncritically that the US auto industry is "struggling," an AP reporter cites a letter to Treasury Secretary Henry Paulson from House Speaker Nancy Pelosi ... Boston Globe; November 13, 2008 |
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Congress Eyes Auto Bailout
House Democrats led by Barney Frank want to push through an auto company relief plan next week that would provide $25 billion in loans from the $700 billion bailout bill. NPR; November 12, 2008 |
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White House Denies Attempt to Link Auto Industry Bailout to Colombia Pact
And I think, here, we really need a game changer. ... We need a comprehensive approach to transportation policy, really figuring out the role of Midwest factories producing oil-based automobiles. Dem. Now; 11/12/08 |
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How to Fix a Flat
Last September, I was in a hotel room watching CNBC early one morning. They were interviewing Bob Nardelli, the C.E.O. of Chrysler, and he was explaining why the auto industry ... needed $25B in loans. NYT; Nov. 11, 2008 |
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Paulson Says Treasury Is Shifting Focus of Bailout
... But he said any government aid for the ailing automobile industry would not come from the $700 billion. (Thank god for that!). NYT; November 12, 2008 |
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Democrats Seek Help for Automakers
Democratic Congressional leaders said Tuesday that they were ready to push emergency legislation to aid the imperiled auto industry when lawmakers return to Washington next week. NYT; November 11, 2008 |
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Democrats plead automakers' case to Treasury
"A healthy automobile manufacturing sector is essential to the restoration of financial market stability, the overall health of our economy ...," wrote House Speaker Nancy Pelosi. Market Watch; November 9, 2008 |
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Democrats step up pressure for car rescue
Democratic leaders in Congress have stepped up pressure on the US Treasury department to consider assisting the ailing US car industry through the $700bn financial rescue plan enacted last month. Financial Times; 11/10/08 |
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A Quiet Windfall For U.S. Banks
The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. Washington Post; November 10, 2008 |
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Bailout Includes Secretive, Possibly Illegal $140B Windfall for Banks
The Washington Post has revealed the recent $700 billion taxpayer bailout of Wall Street contains a possibly illegal provision that stands to give American banks a massive windfall. Dem. Now! November 10, 2008 |
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Robert Reich on Socialism for Wall Street and Capitalism for Everyone Else on The Daily Show
The Daily Show with Jon Stewart; October 16, 2008 |
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UPDATE 1-Democrats urge Paulson to weigh aid for automakers
The top U.S. congressional Democrats urged Treasury Secretary Henry Paulson on Saturday to consider providing aid to troubled U.S. automakers as part of [Bush's] corporate bailout ... Reuters; 11/08/08 |
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The Five Most Wanted Rip-off Artists from Wall Street and Washington
What the hell's happening here? Why is my bank in the tank? And my house and job? And my retirement money? Even my state's teetering on the brink of broke! Who did this to us? AlterNet; November 3, 2008 |
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Wall Street Fat Cats Are Trying to Pocket Billions in Bailout Cash
The election results pretty much confirmed the extent to which Main Street is rightly livid about the Wall Street mentality that led to our financial crisis. AlterNet; November 7, 2008 |
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Real Change Depends on Stopping the Bailout Profiteers
To understand the meaning of the U.S. election results, it is worth looking back to the moment when everything changed for the Obama campaign. It was ... the moment when the economic crisis hit. Common Dreams; 11/6/08 |
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U.S. automakers' CEOs to lobby Pelosi on new aid
The White House left the door open on Thursday for potentially backing additional financial aid for U.S. automakers as industry executives prepared to lobby U.S. House Speaker Nancy Pelosi ... guardian.uk.co; 11/6/08 |
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Pelosi Pushes Two-Part Stimulus
Nancy Pelosi called for a two-stage effort to boost the shaky U.S. economy: a $60 billion-to-$100 billion stimulus package this month, followed ... by a ... "permanent tax cut." WSJ; November 7, 2008 |
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Detroit pushes Capitol Hill for bailout
The heads of the three leading U.S. automakers met with the congressional leaders Thursday to discuss a possible bailout - one day before General Motors and Ford ... CNN; November 6, 2008 |
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Auto execs, UAW meet with Nancy Pelosi
It's watch and wait with the auto industry. In the next few hours, major announcements could spell big changes in the industry and in Michigan. ABC; November 6, 2008 |
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Pelosi says Congress considering Big 3 bailout
"We may need to make a statement of confidence in our auto industry," Pelosi told NPR this afternoon. "We're not saving those companies, we're saving an industry." The Detroit News; November 5, 2008 |
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Sources: Auto execs, UAW to meet with Pelosi
The chief executives of Detroit's automakers and the head of the United Auto Workers plan to meet with House Speaker Nancy Pelosi on Thursday to discuss the financial status of the struggling industry. AP; 11/5/08 |
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GM, Ford, Chrysler CEOs to Meet With Speaker Pelosi Seeking Aid
General Motors Corp., Ford Motor Co. and Chrysler LLC chief executive officers, who have urged the government to provide billions of dollars of aid, will meet with House Speaker Nancy Pelosi today. Bloomberg; 11/6/08 |
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Pony Up, America: New Stimulus Package Puts Billions Towards Transportation
Hank Paulson and Ben Bernanke have been racking their brains for something that might give the U.S. economy a bump. Their next try might be good for the nation's transportation system ... Wired; October 29, 2008 |
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Lawmakers Ask Paulson to Toughen Executive Pay Limits
Congressional leaders urged Treasury Secretary Henry Paulson to ensure that the government's $700 billion rescue plan is used for its intended purposes: to restore lending to households and businesses. Bloomberg; 10/29/08 |
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Pelosi presses case for stimulus
Democratic leaders looked to bolster their case Monday for an economic stimulus package that they could push in a lame-duck session. The Hill; October 27, 2008 |
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Pelosi: Congress Will Work in a Bipartisan Way to Help Main Street Recover From Downturn in Economy
Speaker Nancy Pelosi issued the following statement today after House Democratic leaders held a conference call with economic experts, many of whom met with the congressional leaders on October 13. Market Watch; 10/27/08 |
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Bipartisan Consensus? Taxpayers Beware
... Pelosi invoked that endorsement to pressure the White House. "I call on President Bush and congressional Republicans to once again heed Chairman Bernanke's advice ..." CBS News; October 22, 2008 |
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No Joy in Hooverville
With a massive spike in the number of foreclosures and evictions over the past two years, communities throughout the U.S. have witnessed the sprouting of tent cities ... Inter Press Service; October 18, 2008 |
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Story of Joe the Plumber springs many leaks
A couple of things about Joe the Plumber, the icon of the authentic working-class voter who was declared the "winner" of the final presidential debate. SF Chron; October 17, 2008 |
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Speaker Pelosi: Banks should use funds for credit
The speaker of the U.S. House of Representatives urged the Bush administration on Friday to ensure that some of the federal government's investments in banks be used to free up ... Reuters; 10/17/08 |
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Pelosi: Tax rebate unlikely before Bush leaves
Nancy Pelosi said Friday that Congress is unlikely to approve a tax rebate before President Bush leaves office ... SF Gate; October 17, 2008 |
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Bailing Out a Boat Full of Holes
The U.S. Treasury's bonanza from Congress to hand out 700 billion dollars to Wall Street is not what the country needs to right its shaky economy, many independent experts say. Common Dreams; October 8, 2008 |
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Lawmakers lash Wall Street execs at hearings
... The hearings, which will last through the month, appeared to be part of a two-pronged strategy by House Speaker Nancy Pelosi of San Francisco and top Democrats ... SF Chron; October 8, 2008 |
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Pelosi says $150B economic stimulus plan needed
Nancy Pelosi said Wednesday that a $150 billion economic stimulus plan is needed now because of the faltering economy and she may call the House into session after the election to pass it. Yahoo news; October 8, 2008 |
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Congressman Brad Sherman's statement on why he opposed the bailout
...Our economy will not do well in the months to come, and dropping $700 billion on Wall Street is not going to make things much better. But now Wall Street will use the same fear mongering ... October 3, 2008 |
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State's can of worms budget may be reopened
Bailout blues: After a rough start to the week, House Speaker Nancy Pelosi apparently wasn't taking any chances that Friday's re-vote on the big Wall Street bailout would go south. SF Chron; October 5, 2008 |
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Meanwhile, in the Economy
...[The bailout] is unlikely to save even more Americans from losing their jobs and homes. New York Times; October 5, 2008 |
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House approves historic bailout bill
In four long days, as credit markets froze, Democratic presidential nominee Barack Obama worked the phones with President Bush. SF Chron; October 4, 2008 |
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Historic bailout bill passes Congress; Bush signs
With the economy on the brink of meltdown and elections looming, a reluctant Congress abruptly reversed course and approved a historic $700 billion government bailout ... SF Gate; October 3, 2008 |
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Financial crisis: rescue package needed, but Senate’s bail-out may not be it
Bail-out passes Senate, world saved. That's the headline we'd dearly like to read this morning - but would it be accurate? Telegraph.co.uk; October 2, 2008 |
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House Speaker Rep. Nancy Pelosi (D-CA) Weekly Legislative Briefing
Nancy Pelosi (D-CA) conducts a weekly briefing and discusses the federal intervention into financial markets bill which was passed in the Senate and will be brought to the House for a vote. C-SPAN; October 2, 2008 |
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GOP Revolt on bailout for Wall Street
Two weeks ago, President George W. Bush went before the nation in prime time to explain why a bailout of Wall Street was necessary. Santa Inez Journal; October 2, 2008 |
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Pelosi won't set bailout vote unless passage certain
Nancy Pelosi said on Thursday she would not schedule a vote on the $700 billion financial bailout bill unless there are enough votes to pass it. Reuters; October 3, 2008 |
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Bailout economics 101
Dennis Kucinch, who voted against the bailout, has a remarkable basic lesson on how the bailout would have worked. In a letter to his supporters, he writes: ... SFBG; October 1, 2008 |
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As Senate Prepares to Vote on Revised Wall St. Bailout ...
Following Monday’s rejection in the House, the Senate plans to vote today on the $700 billion bailout of Wall Street. Lawmakers are said to have revised the bill following public outcry, but critics say ... Dem Now! 10/1/08 |
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Support DeFazio's No Bailouts Plan
On Tuesday, Rep. Pete DeFazio (D-OR) and other members of the Progressive Caucus introduced the "No Bailouts Plan" as an alternative to Paulson's Plunder. DeFazio's bill ... Democrats.com.unity; October 1, 2008 |
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US lawmakers publish rescue deal
Nancy Pelosi, the Democrat leader of the House of Representatives, told reporters that the proposal was not a Wall Street bail-out, but a ''buy-in'' to turn the economy around. BBC; Linked on Sept. 30, 2008 |
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Congressional Leaders on the Bailout Bill
"When was the last time someone asked you for $700 billion? It is a number that is staggering, but tells us only the costs of the Bush Administration's failed economic policies ..." NYT; September 30, 2008 |
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In Bailout Vote, a Leadership Breakdown
The collapse of the proposed rescue plan for the teetering financial system was the product of a larger failure — of political leadership in Washington ... NYT; September 30, 2008 |
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House Rejects Bailout Package, 228-205; Stocks Plunge
In a moment of historic import in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry. NYT; September 29, 2008 |
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McCain, Obama tentatively support bailout plan
Republican John McCain and Democrat Barack Obama on Sunday tentatively supported the $700 billion plan to bail out the U.S. financial system. Reuters; September 28, 2008 |
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House begins debate on bailout plan
The House of Representatives voted on Monday to begin debate on legislation for a financial markets rescue plan ... Reuters; September 29, 2008 |
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Bailout plan faces first test in House today
Congress prepared to cast a somber and momentous vote today - a vote of conscience - on a $700 billion bailout of the nation's financial system ... SF Chron; September 29, 2008 |
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Stocks fall sharply lower ahead of vote
Financial markets tumbled through another difficult session Monday ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies ... SF Gate; September 29, 2008 |
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The Fiscally Insane Bailout Bill Might Not Pass
There was news Sunday afternoon of a congressional deal to bailout Wall Street fat cats with $700 billion of taxpayer cash (you can read the draft legislation here). AlterNet; September 29, 2008 |
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Wall Street Socialists
The financial crisis gripping the U.S. has the largest banks and insurance companies begging for massive government bailouts. The banking, investment, finance and insurance ... Dem Now! September 18, 2008 |
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“Is This the United States Congress or the Board of Directors of Goldman Sachs?” Rep. Dennis Kucinich Rejects $700 Billion Bailout
The House is set to vote today on a $700 billion emergency bailout plan for the financial industry. Democracy Now! September 29, 2008 |
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Pelosi: Bailout means 'party is over' on Wall Street
House Speaker Nancy Pelosi said Sunday that the House will vote on a new $700 billion financial bailout bill on Monday to send a message to Wall Street that "the party is over." WZZM13; September 28, 2008 |
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Pelosi Hopes The House Will Take Up Bailout Bill Monday
Nancy Pelosi, D-Calif., has declared there will be no more changes to a bipartisan deal on a $700 billion rescue of troubled financial firms now that Democrats have succeeded ... Easy Bourse; September 29, 2008 |
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Midnight in the Capitol: 'Finally,' a deal
The government effort to yank control of the sagging economy from Wall Street began to jell a half-hour before midnight Saturday in House Speaker Nancy Pelosi's Capitol office. AP; September 28, 2008 |
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Pelosi: Rescue is not a bailout but a `buy-in'
Democratic leaders in Congress are praising a $700 billion rescue package for the financial industry as a vital move to shore up the sagging economy. AP; September 28, 2008 |
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Pelosi: It's not a bailout, it's a buy-in
House Speaker Nancy Pelosi, evidently with a straight face: "This is not about a bailout of Wall Street. It's a buy-in so we can turn our economy around" and protect the assets of ordinary Americans. LAT; 9/28/08 |
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Nancy Pelosi Doesn't Need a Timeout to Fix the
House Speaker Nancy Pelosi's appearance on a special Meet the Bloggers yesterday proved two things: not only can politicians work together to fix one of the worst economic crises ... AlerNet; September 25, 2008 |
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Washington's rush to bailout
The bailout frenzy in Washington seems to be driven more by desperation than deliberation. SF Chron; September 26, 2008 |
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Congress, Bush team agree on some bailout terms
Scrambling for a quick accord on the $700 billion bailout, the Bush administration and leading lawmakers have agreed to include mortgage aid and strong congressional oversight ... AP; September 22, 2008 |
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Hill Leaders Didn't Hear About Fannie/Freddie Deal Until Last Minute
Congressional leaders weren't exactly on speed dial late last week when Treasury Secretary Henry Paulson decided to pull the trigger on the massive Fannie Mae and Freddie Mac takeover. The Politico; September 8, 2008 |
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Paulson: Give stimulus plan time to work
Treasury Secretary Henry Paulson is taking a wait-and-see approach when it comes to a second round of economic aid. That's an idea congressional Democrats are pushing. AP; August 10, 2008 |
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Housing plan signed, but concerns linger
... Experts said the companies should be privatized or nationalized, but not left in their current hybrid form. Yet Fannie and Freddie have friends on Capitol Hill. ... SF Chron; July 31, 2008 |
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Nancy Pelosi in Waveland, MS
Three years ago Waveland, Mississippi took a direct hit from hurricane Katrina. MyFox Gulf Coast; July 21, 2008 |
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US Treasury Secretary: Economic Fundamentals are Sound
But Democratic House Speaker Nancy Pelosi says additional drilling will take years to generate oil, and the added supply will only minimally affect gasoline prices. Voice of America; July 21, 2008 |
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Pelosi visits R.I. to talk about middle class
The Speaker of the U.S. House, Nancy Pelosi, is visiting Rhode Island to talk about the middle class. [She] is scheduled to speak Friday afternoon at [with] Rep. Patrick Kennedy. Boston.com; July 18, 2008 |
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Pelosi eyes $50 billion in new economic stimulus
Speaker Nancy Pelosi said on Thursday she is pushing for about $50 billion in a second election-year economic stimulus package being shaped by Democrats in Congress. Reuters; July 18, 2008 |
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Dems push for new stimulus
America's economy got another jolt of frightening news Wednesday as consumer prices logged their second biggest monthly jump in 26 years. News Observer; July 17, 2008 |
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Congresswoman Shea-Porter and New England Delegation Urge Speaker Pelosi to Triple Funding for Home Heating Aid
Rep. Shea-Porter today stood with twenty members of the New England delegation and urged ... Pelosi to increase funding for the Low Income Home Energy Assistance Program ... Politicker.NH; 7/16/08 |
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Pelosi: Bush wouldn't dare veto housing bill
House Speaker Nancy Pelosi says President Bush wouldn’t dare to veto the housing bill now that his administration is pushing to include a rescue for mortgage giants Fannie Mae and Freddie Mac. The Hill; 7/17/08 |
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House Democrats Plan More Economic Stimulus
House Democrats are planning another economic-stimulus bill of at least $50 billion or more that's likely to include a second round of checks for middle-income people ... WSJ; July 15, 2008 |
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Sheehan's Labor Platform
Antiwar activist Cindy Sheehan is running to unseat the leader of the Democrats in the House of Representatives. Unlike Nancy Pelosi, Sheehan is a working class mother ... FCJ; July 12, 2008 |
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The jobs report blame-go-round
Another jobs report: another opportunity for Republicans and Democrats to trade blame for the stumbling economy. The Swamp; July 3, 2008 |
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Pelosi's maneuver ... : "Drop Dead, Colombia"
If Pelosi can refuse to allow a vote on the Colombia free trade pact (for multi-national corporations) to come to a vote, can't she do the same with war funding and amendments of FISA? WSJ; July 1, 2008 |
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Taking the bloom off the free trade rose
WHEN I graduated from high school in Guilford, Conn., more years ago than I'd like to admit, I wore a yellow rose pinned to my gown that was given to me and all of my classmates by Pinchbeck's Rose Farm. Boston Globe; 6/29/08 |
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The Week Ahead: Taxing (and Spending) Debates
Nadeam Elshami, for Speaker Nancy Pelosi (D-Calif.): House Democrats will continue to focus on providing a much needed extension of unemployment benefits to 3.8 million Americans ... Wash Post; June 17, 2008 |
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Morning in Colombia
... Nancy Pelosi refuses to allow a vote on the U.S.-Colombia Free Trade Agreement because she says that President Álvaro Uribe has not done enough to quell political violence ... WSJ; June 9, 2008 |
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Nancy Pelosi celebrates Silicon Valley
Nancy Pelosi ... was the featured speaker at a celebration Monday of the 30th anniversary of the Silicon Valley Leadership Group. MercuryNews.com; June 8, 2008 |
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Pelosi Statement on Disappointing May Jobs Report; Fifth Straight Month of Job Losses
Speaker Nancy Pelosi today released the following statement after the Department of Labor released its employment report for May showing a loss of 49,000 jobs ... Fox Business; June 6, 2008 |
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Political Games Freeze Trade Deal With Good Partner Colombia
If members of the U.S. House were allowed to vote on a new trade pact with Colombia, the measure would almost certainly pass. Tampa Tribune; May 13, 2008 |
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Republicans press Pelosi for Colombia pact vote
Republicans urged House of Representatives Speaker Nancy Pelosi on Friday to end her delaying tactics and allow a vote on a free trade agreement with Colombia. Reuters; May 9, 2008 |
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Top House Democrat Sets Three Priorities to Aid the Economy
House Speaker Nancy Pelosi on Tuesday said the U.S. economy was in "perilous condition" and said President Bush should take three immediate steps. USN; April 29, 2008 |
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Speaker Pelosi Says No To Gas Tax Holiday, Drilling In Arctic National Wildlife Refuge
House Speaker Nancy Pelosi is lashing out at President George W. Bush after he blamed congressional Democrats for failing to deal with high gas prices and other economic problems. KTVU.tv; April 29, 2008
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Bush calls out Congress on economy
Pres. Bush addressed Americans' anxiety about the effects that the U.S. economic downturn has taken on their wallets Tuesday ... CNNMoney.com; April 29, 2008 |
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House approves housing rescue plan
The House on Thursday passed a massive homeowner rescue plan to provide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster an economy crippled by the housing crisis. SF Gate; May 8, 2008 |
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Pelosi shouldn't be blocking trade agreement
Californians gain more from free trade than the people of almost any state ... But ... House Speaker Nancy Pelosi of San Francisco - is trying to kill a new trade agreement with Colombia. SJMerc; April 25, 2008 |
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U.S. House speaker approves study of tie-ups at Canada-U.S. border
Nancy Pelosi is spearheading a study this summer on ways to speed up trade and travel at the Canada-U.S. border so Congress can be ready with a plan for the next American administration. The Canadian Press; 4/25/08 |
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THE BUSH AGENDA--NO MONEY FOR ANYTHING BUT TAX CUTS AND WAR
Nero merely fiddled while Rome burned. Pelosi's and Reid's long-awaited and much heralded Democratic majority in the Congress has the nerve to masturbate while their country and the world sinks to its knees. OEN; 4/26/08 |
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Pelosi in SF, addresses mortgage crisis
Nancy Pelosi was in San Francisco Saturday to promote legislation to battle the mortgage crisis. Pelosi says in the next two years, one in 20 California homeowners will face foreclosure. abc7news.com; April 26, 2008 |
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Nancy Pelosi kicks off foreclosure prevention workshop
Nancy Pelosi spoke Saturday to residents of a San Francisco neighborhood that was hit hard by the home foreclosure crisis, telling them it's a challenge they don't have to face alone. AP; April 26, 2008 |
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Bush Says Colombian FTA "Dead" Unless Pelosi Calls Vote []
George Bush has ratcheted up the pressure on the House of Reps to vote on the Colombian Free Trade Agreement, stating that the deal is “dead” unless House Speaker Nancy Pelosi schedules a vote. RTTNews; April 14, 2008 |
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Groups Press for More Housing Relief
Democrats crafting a broad government housing rescue are under pressure from liberal groups to push more aggressive measures that would force lenders to let homeowners facing foreclosure restructure their mortgages. AP; 4/13/08 |
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Pelosi says U.S. workers come ahead of Colombia pact
Democrats will vote on a free trade agreement with Colombia only after the White House and Congress address urgent domestic economic concerns, House of Representatives Speaker Nancy Pelosi said on Monday. Reuters; April 14, 2008 |
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Pelosi, Reid Have List Of Demands For White House Meeting
The regularly scheduled meeting between congressional leaders and President Bush is shaping up to be more of a showdown over how far the government should go in helping people ... CBS; April 8, 2008
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Housing bill helps business ... But homeowners facing foreclosure get far less relief
A measure billed as boosting the slumping housing market showers money-losing businesses with $25 billion in tax relief in the next few years but offers just $3 billion to homeowners. SF Gate; April 4, 2008 |
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STIMULUS PLAN A SCAM TO BENEFIT THE RICH
Congress is about to sell us the biggest fraud in American history. SF Gate; February 3, 2008 |
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Greed
I would like to thank the International Labor Council and the Electrician’s Union for such a warm welcome ... Cindy Sheehan's keynote address in Mexico City; April 4, 2008 |
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House Speaker Pelosi calls for economic summit
The speaker of the U.S. House of Representatives on Tuesday called for a summit involving the Bush administration and bipartisan congressional leaders to work on a range of economic problems. Reuters; April 1, 2008 |
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Repeal the Taft-Hartley Act
This August marks the 60th anniversary of the Taft-Hartley Act, one of the great blows to American democracy, going into effect. Common Dreams; September 4, 2007 |
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Pelosi Wants House to Consider Infrastructure Bank Bill
House Speaker Nancy Pelosi said Wednesday she wants the House to take up a Senate bill to create a national infrastructure bank to develop public-private investments into large transportation projects. CQ Politics; 3/12/08 |
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Pelosi Says Retirees and Disabled Veterans Will Get Rebates
House Speaker Nancy Pelosi said that lawmakers will add tax rebates for retirees and disabled veterans to economic stimulus legislation before sending it to President George W. Bush. Bloomberg; February 7, 2008 |
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Stimulus might not stimulate us
The part of Congress' economic stimulus package aimed at making big mortgages more affordable — seen by many local mortgage brokers as an antidote for Sarasota's ailing housing market — is unlikely to help. Herald Tribune; 2/3/08 |
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Pelosi Asks Senate To Tread Lightly On Stimulus Deal
The House will pass the $150 billion economic stimulus package today, but Speaker Nancy Pelosi is already worried about whether the Senate will make a mess of her delicately negotiated deal. CBS; January 29, 2008 |
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House Passes $146 Billion Economic Aid Package
The House voted overwhelmingly Tuesday afternoon to approve a $146 billion fiscal stimulus package, hoping to quickly seal a fast-paced deal with the Bush administration. NYT; January 29, 2008 |
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Refinancing homeowners hop back up on the fence
Here's one unintended consequence for the mortgage industry of the announcement last week that the economic rescue package could include a big increase in the conforming loan limit: SJ Merc; January 28, 2008 |
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Pelosi slams Bush as late on the economy
House Speaker Nancy Pelosi, just hours before President Bush's State of the Union speech, was staring at one of the four TVs in her office overlooking the Mall. SF Gate; January 29, 2008 |
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Pelosi defends stimulus package
Nancy Pelosi (D-Calif.) defended her decision to drop food stamp spending from the economic stimulus plan steaming through Congress, saying tax rebates will do more for the middle class and working poor. The Hill; 1/25/08 |
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Pelosi: 117 million families to get tax rebate
House of Representatives Speaker Nancy Pelosi said on Thursday 117 million families would receive a tax rebate check under a deal reached to provide stimulus to the U.S. economy. Reuters; January 24, 2008 |
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ALBA, an Economic Alternative for Latin America
The sixth conference of the Latin American alternative trade alliance known as ALBA was held in Caracas on January 25-26. Common Dreams; January 28, 2008 |
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Stimulus Gone Bad
House Democrats and the White House have reached an agreement on an economic stimulus plan. Unfortunately, the plan ... looks like a lemon. NYT; January 25, 2008 |
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Tax Rebate Deal Could Mean Checks by May
Pelosi ... agreed to drop increases in food stamp and unemployment benefits in exchange for gaining the rebates of at least $300 for almost everyone earning a paycheck ... SF Chron; January 24, 2008
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Economic stmulus a big break for home buyers
Buying or refinancing a house in the pricey Bay Area? You could get a big break on your mortgage from the economic stimulus package announced Thursday. SF Chron; January 24,2008 |
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Dem. Candidates, Congressional Leaders Differ on Economy
The Dem.Party's leading candidates for president last night piled on Pres. Bush for offering an economic stimulus package that is "too little, too late," as Sen. Hillary Rodham Clinton put it. Wash Post; 1/22/08 |
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Paulson Urges Quick Deal on the Economy
Treas. Sec. Henry Paulson, confronted with global market turmoil, said Tuesday that Congress and the administration need to agree quickly on a package of tax cuts. AP; January 22, 2008 |
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Altogether now: CBO, Pelosi, Bush, Bernanke agree on need for fiscal stimulus
The major public policy players in Washington appear to be lining up in support of a fiscal stimulus package to help jump-start the ailing U.S. economy. Blogging stock; January 18, 2008 |
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Peru free-trade agreement splits Democrats
In a rare victory for President Bush since Democrats took control of Congress, the House approved a free-trade agreement with Peru on Thursday. Los Angeles Times; November 9, 2007 |
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Democrats Divided as House Passes Peru Trade Bill
Defying appeals from labor leaders, environmentalists and foes of free-trade, nearly half the House Democrats joined today Bush's backers to support a trade liberalization agreement with Peru. NYT; 11/08/07 |
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Fast Track Is Dead Today
On June 29, 4 House leaders said they are united in opposition to two key free trade deals and do not intend to renew Fast Track. Nancy Pelosi was among them. AFL-CIO Now Blog; June 30, 2007. |
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Pelosi Statement on Social Security and Medicare Trustees Reports
Speaker Nancy Pelosi released the following statement in response to today's reports from the Social Security and Medicare trustees: Office of Nancy Pelosi; March 25, 2008 |
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