Democratic Congress May Adjourn, Leave Crisis to Fed, Treasury

Bloomberg.com: News

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...

...House Speaker Nancy Pelosi defended the decision of Congress to adjourn. Lawmakers can always be recalled to Washington ``if there is a need to do so,''

This pretty much says it all. "We don't know what to do so we're going home". I happen to agree that the best thing for Congress to do is stay out of this mess BUT the time for them to stay out of it was years ago when they CREATED this mess. You don't get to muck up the entire economy based on some pipe dream 'big houses for everyone' and run out of town when it hits the fan.

In the last three months, this DEMOCRAT controlled congress has faced down two major crises, the need for offshore drilling and the mortgage meltdown, by doing what Democrats do best - cutting and running - they went home.

If only we could get them to stay there...