Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Pelosi Slams Senate on Jobs, Rants and Raves, but is it Time for Her to go?

Politics / US Politics Jun 21, 2010 - 01:31 PM GMT

By: JD_Rosendahl

Politics

The Nancy Pelosi show is getting old.  She continues to get it wrong as a spendaholic on programs.  Maybe it’s time for her to retire!  Her latest:  Nancy Pelosi Slams Senate Dithering On Jobs:


"The House has repeatedly sent jobs-creating bills to the Senate since December -- Build America Bonds, small business hiring incentives, and importantly, summer jobs -- and yet Republicans continue to block approval of jobs legislation," said Pelosi in a statement. "What is it that Republicans in the Senate and House don't understand about the need for jobs in America?"

Is she even listening to Americans?  Please see: Fox News Poll: 78 Percent Say Government Spending Is Out of Control

A Fox News poll released Friday shows the number of voters who say they believe government spending is out of control increased 16 points, up from 62 percent in April 2009 to 78 percent now. A sizable majority of Democrats (61 percent) call current spending out of control, as do virtually all Republicans (95 percent) and most independents (82 percent).

In addition, 81 percent of voters say they are fed up with the growing federal deficit, and 73 percent say they're tired and fed up with government spending.

Even the majority (61%) of democrats in this country are tired of government spending.  Maybe Americans are catching on to the dangers of wild government spending, and the cost coming to them soon in the form of higher taxes. Is she telling Americans the cost of higher taxes.  No, it probably happens after she's gone, and she knows that. 

"The bill Senate Republicans allowed to pass is not only inadequate with respect to physician fees, but it ignores urgent sections of the House bill to provide jobs," Pelosi said. "I see no reason to pass this inadequate bill until we see jobs legislation coming out of the Senate."

Is she even paying attention to her own party?  Even Obama isn’t getting what he wants:  Obama's $50 Billion Request Gets Chilly Reception From House Dems

The reception Obama's letter received on Monday was even more skeptical than the one House Majority Leader Steny Hoyer (D-Md.) offered the day before when asked about it on ABC's "This Week."  Hoyer said. "I think it's accurate that there's spending fatigue, not only on Capitol Hill, but around the country."

Hoyer may be on to something Pelosi fails to recognize, which is supported by the Fox poll above.  Americans are getting very tired of government spending and expanding budgets. 

The Pelosi show is tiresome. I’ll ask it again.  Is it time for Pelosi to go?  What do you think?

Hope all is well. By J.D. Rosendahl

www.roseysoutlook.blogspot.com

J.D. Rosendahl was a former stock broker/investment consultant (currently not licensed) before becoming a Commercial Banker for the past 14 years. He manages his family's wealth, helping them avoid the high tech bubble and the real estate bubble melt downs and preserving wealth.

© 2010 Copyright J.D. Rosendahl - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in