Monday, September 29, 2008

The Pelosi Effect: Dow Loses 777 Points After Partisan Speech Riles House Republicans

"Democrats believe in a free market. We know that it can create jobs, it can create wealth, it can create many good things in our economy. But in this case, in its unbridled form, as encouraged, supported, by the Republicans — some in the Republican Party, not all — it has created not jobs, not capital, it has created chaos."
-- Speaker of the House Nancy Pelosi, striking a conciliatory note, as it were, in a speech immediately before the bailout vote which went down in flames 228-205

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