Et tu Nancy?
Wednesday, September 17th, 2008
Politico reports: “House Speaker Nancy Pelosi has ordered a broad, swift investigation of Wall Street and will demand testimony from Bush administration officials and captains of finance, congressional officials said.”
How about a broad and swift investigation of Congress’s role in the meltdown? Why were our legislators dozing while financial wizards built mountains of fantastical paper profits that are suddenly crumbling into a pile of ashes? How many millions of dollars have legislators been paid over the last twenty years to turn a blind eye to the scheming?
Asked whether she bears any responsibility for the debacle, Pelosi said “no.” I guess she’d give the same answer to the question “can you read?”