Madame Pelosi - LEAVE US ALONE!

Message to Nancy Pelosi and her gang in The House. LEAVE US ALONE! Don't try to help the economy by your infusion of dollars that you don't have. LOWER TAXES and STAY OUT OF THE WAY. The American people, by hard work and ingenuity -will get us out of this mess that you have created.

WASHINGTON -- The House Democratic leadership is crafting new legislation to stimulate the shaky U.S. economy, and could call lawmakers back to the nation's capital shortly after the Nov. 4 election to take up the $150 billion measure.

No final decisions have been made on details of the package or changes to the congressional schedule. Speaker Nancy Pelosi (D., Calif.) and other Democratic leaders have discussed reconvening the House the week of Nov. 17 to act on a package that could include new government spending in areas including road and bridge construction, and possibly a tax rebate, congressional aides said.
Landov
Speaker Nancy Pelosi and other Democratic leaders are considering reconvening the House the week of Nov. 17. ' We have some harsh decisions to make. Some of them can ' t wait until January,' she said this week.

Democratic congressional leaders and the White House worked closely in September to shepherd through Capitol Hill a $700 billion plan to attempt to stabilize U.S. financial markets. The camps also worked together at the beginning of the year to enact a $168 billion stimulus package that provided tax rebates to millions of Americans, a measure the White House says shored up growth through much of the year.

But the Democratic leadership in Congress and the White House are at odds over whether a second stimulus effort built around spending is needed to boost the economy. Democrats argue a one-time jolt of federal dollars would create jobs and shore up consumer spending. President George W. Bush contends spending-focused efforts are a waste of taxpayer dollars...(Wall Street Journal).

...Letting markets work is messy and costly. Nevertheless, the only sensible way to deal with the current crisis is to force the companies who created the mess to bear at least some of the costs of their mistakes. Most of all, if the markets are to get back on track our regulators must put an immediate stop to their current practice of publicly demonizing the markets and work to restore confidence in the system. (Wall Street Journal - Read The Government is Contributing to the Panic)