Ball point pen on todays newsprint Despite the shellacking house dems took in the midterm elections, Pelosi wants to stand her ground and fight for the leadership within her party. I admire her refusal to put her finger in the air, but I predict in the days and weeks ahead she will put her party ahead of principle and step aside rather than become a liability. ...
Read MoreTag Archives: Nancy Pelosi
Blog Archives
Ball point pen on the morning newsprint After conflicting accounts of what was or was not said during a House Intelligence Committee briefing, Leon Panetta has instructed a senior CIA officer to take a look at what happened and to explore what the CIA can do to improve it's reporting to Congress. ...
Read MoreBall point pen on the morning newsprint Nancy Pelosi will not schedule a vote on the bailout until it is clear the bill will pass the senate. That may not be feasible until after January 20th when the democrats will increase their numbers. Ford, perhaps the healthiest of the three, has burned through seven billion in assets in the third quarter but has enough liquidity to survive into the new year. GM however is only months away from closing up shop and warned it might not see years end. While that news may have some wanting to act quickly, Pelosi did say that auto makers will need to show long term economic viability before being considered for a loan. That makes sense. After dividing the 25 billion between the big three, that provides each with a little over eight billion each. When you consider that Ford and GM are loosing about two billion a month, that gives them a four month win ...
Read More