Nancy Pelosi Should Resign

I’m an independent and an Obama supporter. I have very mixed feelings about the bailout plan. I believe that the bailout is necessary; but, like most Americans, my instinct is to let the folks on wall street boil in their own juices. The problem is that some of that juice comes from me; and, ultimately, it will be the folks who understand the financial markets the least who will suffer the most. Nancy Pelosi’s obligation today was to her country, not her party. Her obligation was to shepherd this bill through; she is the Speaker of the House of Representatives, not the Speaker of the democratic party. She understood how difficult this vote would be for many members of the House when public opinion is overwhelming opposed to the bailout. She understood that she was asking members to rise above simple politics and to lead…to vote for the good of the country. Yet she could not resist her need to place blame; she could not rise above simple politics herself. I don’t know if the current bailout proposal is as good as it should be, and I don’t know if Pelosi’s speech actually affected the vote. What I do know is that Pelosi showed a stunning lack of leadership today. She should resign.