Surrender Monkey Friday: Dem Congress Punts

surrender monkey punt

The Surrender Monkey is simply thrilled by news that came out Thursday, and demanded that he be allowed to cover it

The Democratic-controlled Congress, acknowledging that it isn’t equipped to lead the way to a solution for the financial crisis and can’t agree on a path to follow, is likely to just get out of the way.

Lawmakers say they are unlikely to take action before, or to delay, their planned adjournments — Sept. 26 for the House of Representatives, a week later for the Senate. While they haven’t ruled out returning after the Nov. 4 elections, they would rather wait until next year unless Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke, who are leading efforts to contain the crisis, call for help.

One reason, Senate Majority Leader Harry Reid said yesterday, is that “no one knows what to do” at the moment.

So, we have major financial turmoil in the markets, problems with housing, particularly Freddie and Fannie, and what does, the Democrat controlled congress do? Punt. On first down. To President Bush. The guy they have been maligning for days over the latest financial problems (not to mention since 1/21/2001.)

Queen Nancy and Dingy Harry say “Save us, Dubya, save us!” Glad to know we are getting value for the money Congress appropriates to itself.

Captain Ed

First Pelosi adjourns the House in the middle of an energy supply crisis that hammered the working class with sharp hikes in fuel and food costs. Now both Pelosi and Reid want to adjourn both chambers of Congress rather than deal with the credit crisis that Washington created with its heavy-handed mandates to issue credit to marginally qualified borrowers and lack of oversight over government-guaranteed entities. Given their ineptitude, we probably should be grateful — as Bloomberg notes. But considering their rhetoric over the last few days, their retreat may be one of the most cowardly acts in domestic policy seen in a very long time.

He dubs the Congress the Brave Sir Robin Congress. That character is Surrendie’s favorite from Monty Python and the Holy Grail.


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