Tuesday, September 16, 2008

Pelosi to Conduct Wall Street Show Trials

I'm sure this will all be fair, non-partisan and will have nothing to do with the election.

Without question we can expect a full accounting of all the money Barack Obama and Chris Dodd received from Fannie Mae as well.
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.

House Democrats plan an aggressive look at the administration’s role in this weekend’s meltdown, and explore further regulation and government structures that would be taken up under the new president.

Republican aides accused Democrats of trying to shift blame with a series of “show trials,” but acknowledged that key officials will wind up cooperating.

The hearings will take place over the next few weeks, the officials said. Treasury Secretary Hank Paulson, who regularly appears on Capitol Hill, will be called to testify as part of the investigation.
I guess we can also expect to see Jamie Gorelick called to testify as well. How about Obama adviser and former Fannie Mae CEO Franklin Raines?

Yeah, right.

Maybe all those idiots on Wall Street who've been pouring money into Democrat coffers will finally realize who their enemy is.

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