Pelosi Speech: Reason Behind Bailout vote Failure
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September 29: Republicans in the US House of Representatives blamed Democratic speaker Nancy Pelosi for the failed bail-out vote, claiming she made a partisan speech near the end of a debate on the rescue plan. Below are quotes from the speech:
"When was the last time someone asked you for $700bn? It is a number that is staggering, but tells us only the costs of the Bush administration's failed economic policies — policies built on budgetary recklessness, on an anything-goes mentality, with no regulation, no supervision, and no discipline in the system."....
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