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Pelosi Announces Hearing on Risks of Default to the U.S. Economy and Jobs
democraticleader.gov ^

Posted on 07/06/2011 10:33:14 AM PDT by Sub-Driver

Pelosi Announces Hearing on Risks of Default to the U.S. Economy and Jobs July 06, 2011

Washington, D.C. – Democratic Leader Nancy Pelosi announced today that the House Democratic Steering and Policy Committee will hold a hearing this Thursday at 12:00 p.m. on the impact of a default on the United States economy, job creation, and seniors and the middle class. This hearing, the only one in the House of Representatives on this critical issue, will emphasize the pain the American people would face if the United States were to default on its debt.

Witnesses for the hearing include:

Bruce Bartlett, Columnist, Former Advisor to Presidents Ronald Reagan and George H.W. Bush Alan S. Blinder, Professor of Economics and Public Affairs at Princeton University, Co-Director of Princeton’s Center for Economic Policy Studies Heather Boushey, Senior Economist, Center for American Progress Matthew J. Slaughter, Associate Dean of the MBA Program and the Signal Companies’ Professor of Management at the Tuck School of Business at Dartmouth


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: alanblinder; brucebartlett; heatherboushey; matthewslaughter; pelosi
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HA!
1 posted on 07/06/2011 10:33:16 AM PDT by Sub-Driver
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To: Sub-Driver

Why doesn’t the House Leadership due an Investigation into Nancy Pelosi’s role in creating the crisis?


2 posted on 07/06/2011 10:36:11 AM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: Sub-Driver

This is as bad as Gorelick sitting on the 9/11 commission.


3 posted on 07/06/2011 10:36:38 AM PDT by Michael Barnes
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To: Sub-Driver
will emphasize the pain the American people would face if the United States were to default on its debt. What about the pain you give us on a daily basis huh Nancy?
4 posted on 07/06/2011 10:36:46 AM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: Paul Ross
“Why doesn’t the House Leadership due an Investigation into Nancy Pelosi’s role in creating the crisis?”

Because they have no courage, and because they are all members of the same country club. Term limits. Strict ones. The only true fix.

5 posted on 07/06/2011 10:38:20 AM PDT by pieceofthepuzzle
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To: Sub-Driver
will emphasize the pain the American people would face if the United States were to default on its debt.

What pain would that be? Most economist are predicting it will cause interest rates to soar, to me that means a big return on my investments. My home and car are paid for by the way. So Nancy, how would a debt default hurt me?

6 posted on 07/06/2011 10:39:45 AM PDT by apillar
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To: Sub-Driver

What a smokescreen. Maybe she doesn’t realize that we all have credit cards and know that no matter how much debt you have, if you keep up with the payments, then you don’t go into default.

We can keep up with the payments without borrowing more, but her precious government will have to be cut.


7 posted on 07/06/2011 10:41:18 AM PDT by cotton1706
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To: Sub-Driver

That strange wooshing noise you just heard was the entire MSM climaxing in their pants.


8 posted on 07/06/2011 10:41:23 AM PDT by pabianice
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To: apillar

Don’t see one person in there who has ever held a job outside of government or academia.

In other words, Hacks.


9 posted on 07/06/2011 10:42:40 AM PDT by EQAndyBuzz (As long as the MSM covers for Obama, he will be above the law.)
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To: Sub-Driver

Pelosi: "These hearings come with a plane...right?"

10 posted on 07/06/2011 10:45:29 AM PDT by BookmanTheJanitor
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To: Sub-Driver
Does Pelosi have the authority to call hearings? I don't recall Republicans being allowed to call their own hearings when Pelosi was Speaker. I recall her locking Republicans out of the chamber.

Am I wrong about this?

-PJ

11 posted on 07/06/2011 10:45:38 AM PDT by Political Junkie Too (Everyone's Irish on St. Patrick's Day, Mexican on Cinco de Mayo, and American on Election Day.)
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To: Sub-Driver

Folks, the fact that POTUS Obama has let Nancy Pelosi attend his default sessions and hold meetings on the default deadline tells you that POTUS Obama is concerned about only one thing, maybe two, his golf game and his next boondoggle trip, courtesy of the USA taxpayer. He cares nothing about the default and has no credible ideas on how to cope and avoid it, other then raising taxes and adding more debt with useless spending programs. The guy needs to be thrown out of office by forcing his resignation!!!!


12 posted on 07/06/2011 10:48:04 AM PDT by JLAGRAYFOX
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To: pabianice

Seems to me that the abject fear of not raising the borrowing limit by the MSM and Rats should indicate it is a good thing to do. (borrowing limit) is what the GOPS should call it.


13 posted on 07/06/2011 10:49:24 AM PDT by screaminsunshine (Socialism...Easier said than done.)
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To: Sub-Driver

When her favorite constituents default on their Barney Frank Mortgages, they have all that extra money to spend on new cars, big screens, and bling...

I don’t see how Pelosi can see a downside to this on a national scale...

Heck - she might even get her personal airliner back!!!


14 posted on 07/06/2011 10:52:35 AM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Sub-Driver

Conservatives need to make the case, that by not raising the debt limit, they are simply following the budget created by Democrats last year.


15 posted on 07/06/2011 10:53:38 AM PDT by One_who_hopes_to_know
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To: Political Junkie Too

It’s the House Democratic Steering and Policy Committee that’s gonna do the hearings not the House at large.
Still just a sham podium for dilusional dems to harp on how Repubs are gonna kill women, children and old folks. Same ol’ crap... just a different toilet.


16 posted on 07/06/2011 10:54:15 AM PDT by bossmechanic (If all else fails, hit it with a hammer)
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To: Sub-Driver
Would some Republican please tell san fran nan that we cannot borrow our way out of debt?
17 posted on 07/06/2011 11:00:22 AM PDT by Arrowhead1952 (zero hates Texas and we hate him back. He ain't my president either.)
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To: Sub-Driver; All

This is not a real committee of the House. Pelosi can’t hold hearings on anything that are official without the GOP’s approval.


18 posted on 07/06/2011 11:02:36 AM PDT by arrogantsob (Why do They hate her so much?)
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To: pabianice
"That strange wooshing noise you just heard was the entire MSM climaxing in their pants."

You have my vote for post of the day!

19 posted on 07/06/2011 11:06:51 AM PDT by libs_kma (JIMMY CARTER - HE'S BACK IN BLACK)
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To: Sub-Driver

Let me guess...
If Repubs don’t raise the debt limit, grandma will be forced to eat dog-food, blacks may start killing each other, and those poor government employees won’t be able to buy a big boat to go with the vacation home, on their 300K retirement income.


20 posted on 07/06/2011 11:07:53 AM PDT by tcrlaf (You can only lead a lib to the Truth, you can't make it think...)
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