Pelosi kowtows to Wall Street capitalists
The Wall Street Journal reports that Nancy Pelosi has told her capitalist friends in Wall Street that "if Democrats succeed next year in rolling back President Bush's tax cuts for the wealthiest Americans, the money would be used to reduce the federal deficit -- not for new spending."
Thus Pelosi assures Wall Street that no progressive social programs will come out of the Democratic Party. Not surprising, is it? Nor is it surprising that Pelosi is even going out of her way to reassure Wall Street that she will not threaten the interests of the ruling class or that she will do nothing to advance the interests of American's less privileged. She is clearly continuing in the Clintonian tradition when she caters to Wall Street. One thing is certain: the Democrats will not serve as a progressive force in Washington if they take control of the House.
Thus Pelosi assures Wall Street that no progressive social programs will come out of the Democratic Party. Not surprising, is it? Nor is it surprising that Pelosi is even going out of her way to reassure Wall Street that she will not threaten the interests of the ruling class or that she will do nothing to advance the interests of American's less privileged. She is clearly continuing in the Clintonian tradition when she caters to Wall Street. One thing is certain: the Democrats will not serve as a progressive force in Washington if they take control of the House.
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