VIDEO: Pelosi: Woman Who Ruled On World Economy

In a sea of men who decide on the American and world economy a woman was credited for the negative position of the Congress towards the plan of salvaging the US economy.

Nancy Pelosi, US House of Representatives Speaker criticised Bush`s economy policy in a speech and according to congressman Roy Blunt, she managed to convince 12 Republicans to change their mind literally in the last minute and vote against the plan which is supposed to salvage the American economy.

- With no regulation, no supervision, and no discipline in the system. If you fail, you will have a golden parachute and the taxpayer will bail you – Nancy Pelosi said, adding that these days were long gone, Washington Wire reports.

For those who do not know what the so called golden parachute is, it a type of a golden handshake, amounting to millions of dollars and is common practice for managers in US financial companies regardless of the fact if they were unsuccessful and what sort of losses they have piled up during their term,.

We are living in turbulent times, for sure, when a Democrat woman in the US Congress can convince a good portion of Republicans to vote against the proposal which comes directly from their ranks.

- Democrats believe in the free market, which can and does create jobs, wealth, and capital, but left to its own devices it has created chaos.

The news of the vote of no confidence to the salvation of American finances has stormed through the world`s stock markets like a plague, all breaking records in daily red.