Boy, are we in trouble... terrible, terrible trouble (as Professor
Harold Hill would say in "The Music Man".)

This woman is frightening. Take special note of the last
paragraph.

Is she really this whacked out? To think that she is #3 in line
for the Presidency! Pray for a long life for Prresident Bush and VP
Cheney!

You aren't going to believe this. Madam speaker Nancy Pelosi
wants to put a windfall tax on all stock market profits (including
retirement fund, 401Ks and mutual funds! Alas, it is true - all
to help the 12 million Illegal Immigrants and other unemployed
minorities!

Nancy Pelosi condemned the new record highs of the stock market as
"just another example of Bush policies helping the rich get
richer". "First Bush cut taxes for the rich and the economy has
rebounded with new record low unemployment rates, which only means
wealthy employers are getting even wealthier at the expense of the
underpaid working class." So low unemployment is BAD?

She went on to say "Despite the billions of dollars being spent in
Iraq our economy is still strong and government tax revenues are at
all time highs. What this really means is that business is
exploiting the war effort and working Americans, just to put money in
their
own pockets." This woman is certifiable!

When questioned about recent stock market highs she responded
"Only the rich benefit from these record highs. Working Americans,
welfare recipients, the unemployed and minorities are not sharing
in these obscene record highs. There is no question these windfall
profits and incom created by th Bush administration need to be
taxed at 100% rate and those dollars redistributed to the poor and
working class. Profits from the stock market do not reward the
hard work of our working class who, by their hard work, are
responsible for generating these corporate profits that create
stock market profits for the rich. We in congress will need to address
this issue to either tax these profits or to control the stock
market to prevent this unearned income to flow to the rich." And the
working class would be where without employers?

When asked about the fact that over 80% of all Americans have
investments in mutual funds, retirement funds, 401Ks, and the stock
market she replied "That may be true, but probably only 5% account
for 90% of all these investment dollars. That's just more "trickle
down" economics claiming that if a corporation is successful that
everyone from the CEO to the floor sweeper benefit from higher wages
and job security which is ridiculous. How much of this 'trickle
down'
ever gets to the unemployed and minorities in our county?
None, and that's the tragedy of these stock market highs." Sure,
all investors are "fat cats."

"We democrats are going to address this issue after the election
when we take control of the congress. We will return to the 60% to
80% tax rates on the rich and we will be able to take at least 30%
of all current lower income tax payers off the rolls and increase
government income substantially." We need to work toward the goal
of equalizing income in our country and at the same time limiting
the amount the rich can invest." Yes, higher taxes worked out so
well during the Carter administration.

When asked how these new tax dollars would be spent, she replied :
"We need to raise the standard of living of our poor, unemployed
and minorities. For example, we have an estimated 12 million
illegal immigrants in our country who need our help along with millions
of unemployed minorities. Stock market windfall profits taxes
could go a long ways to guarantee these people the standard of living
they would like to have as 'Americans'." Illegal immigrants need
our help alright -- to find their way to the nearest exit point from the
U.S.

here comes the hate mail Chopper!! Try living in her district. She's not the only half-cocked spouter on the West Coast!!! Sounds like she doesn't know anything about inflation. I don't hear a peep about how much her humble abode out here is worth! I think I'll vote for her too! and go on welfare. That's the drift, isn't it. By the time this posts, your thread could already be dead!!

This report I checked out, searched for a copy of the original quote. I found a link http://www.snopes.com/politics/soapbox/pelosi.asp
which highlights this comment as a rumor and labels it as false.
Originally posted somewhere October 22, 2006

Now personally I dislike Pelosi's politics, and it would trouble me, shock me and make me want to be critical of her, if this were true. But I just don't think it is. I'll add the final word, fortunately. It would be hard to imagine someone wanting to crush the market, even her. The logic is just too screwy.

Certainly an interesting article though. Made me stop and shake my head. If you can find anything to substantiate it further I'd share it with some of my economist friends just for a laugh.

Thanks Phiosopher, I was about to ask for substantiation myself.

I just got done doing about 5 hours of research for paper I have to write. Political (surprise) and of course NP was a great part of that research.

She does tend to be quite socialistic in her views but I didn't see where she was as totally dogmatic as the OP presents.
But then I was was doing research on another topic.