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
Stocks, Bitcoin, Gold and Silver Markets Brief - 18th Feb 25
Harnessing Market Insights to Drive Financial Success - 18th Feb 25
Stock Market Bubble 2025 - 11th Feb 25
Fed Interest Rate Cut Probability - 11th Feb 25
Global Liquidity Prepares to Fire Bull Market Booster Rockets - 11th Feb 25
Stock Market Sentiment Speaks: A Long-Term Bear Market Is Simply Impossible Today - 11th Feb 25
A Stock Market Chart That’s Out of This World - 11th Feb 25
These Are The Banks The Fed Believes Will Fail - 11th Feb 25
S&P 500: Dangerous Fragility Near Record High - 11th Feb 25
Stocks, Bitcoin and Crypto Markets Get High on Donald Trump Pump - 10th Feb 25
Bitcoin Break Out, MSTR Rocket to the Moon! AI Tech Stocks Earnings Season - 10th Feb 25
Liquidity and Inflation - 10th Feb 25
Gold Stocks Valuation Anomaly - 10th Feb 25
Stocks, Bitcoin and Crypto's Under President Donald Pump - 8th Feb 25
Transition to a New Global Monetary System - 8th Feb 25
Betting On Outliers: Yuri Milner and the Art of the Power Law - 8th Feb 25
President Black Swan Slithers into the Year of the Snake, Chaos Rules! - 2nd Feb 25
Trump's Squid Game America, a Year of Black Swans and Bull Market Pumps - 24th Jan 25
Japan Interest Rate Hike - Black Swan Panic Event Incoming? - 23rd Jan 25
It's Five Nights at Freddy's Again! - 12th Jan 25
Squid Game Stock Market 2025 - 5th Jan 25

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