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House Minority Leader Nancy Pelosi (D-Calif.) called Sunday night for an ethics investigation into allegations that embattled Rep. David Wu (D-Ore.) forced an “unwanted sexual encounter” with a young woman.

Pelosi’s statement came shortly after Politico first reported that Wu would not seek an eighth term next year, which a Democratic source confirmed, adding that pressure is building for his resignation.

“With deep disappointment and sadness about this situation, I hope that the Ethics Committee will take up this matter,” Pelosi said. “I will send a letter to the Ethics Committee [Monday] asking them to formally initiate a review of this matter.” Democratic Congressional Campaign Committee Chairman Steve Israel (N.Y.) supported the Minority Leader’s request in a separate statement.

And, DCCC Chairman Rep Steven Israel is calling for Wu to resign.

But, again, what leverage does the leadership have?

This has to be driving the Dems wild in D.C.

Embattled Rep. David Wu will not seek reelection in 2012, but he wont resign from office now despite allegations that the Oregon Democrat had an unwanted sexual encounter with the teenage daughter of a close friend last Thanksgiving.He isnt going to be running for reelection, a Wu adviser, speaking on the condition of anonymity, told POLITICO late Sunday night. But he hasnt done anything that rises to the level of requiring him to resign.

Wus decision to stay in office comes after a frenzied weekend of lobbying and pressure tactics designed to convince the Oregon Democrat to leave office, all of which seemed to have failed for now. House Minority Leader Nancy Pelosi (D-Calif.) is likely to step up the pressure on Wu following this latest development.

Pelosi and other top Democrats are reviewing their options on Wu, which include outright calls for him to resign or to seek an Ethics Committee investigation into the explosive allegations against him.

First it was New York Rep. Anthony Weiner and the continuing story of the strange behavior of Rep. David Wu.Not a good summer for Congressional Democrats and Nancy Pelosi.

By the way, Wu should be assigned to a closet until he resigns.

This has to be driving the Dems wild in D.C.

Embattled Rep. David Wu will not seek reelection in 2012, but he won’t resign from office now despite allegations that the Oregon Democrat had an “unwanted sexual encounter” with the teenage daughter of a close friend last Thanksgiving.“He isn’t going to be running for reelection,” a Wu adviser, speaking on the condition of anonymity, told POLITICO late Sunday night. “But he hasn’t done anything that rises to the level of requiring him to resign.”

Wu’s decision to stay in office comes after a frenzied weekend of lobbying and pressure tactics designed to convince the Oregon Democrat to leave office, all of which seemed to have failed for now. House Minority Leader Nancy Pelosi (D-Calif.) is likely to step up the pressure on Wu following this latest development.

Pelosi and other top Democrats are reviewing their options on Wu, which include outright calls for him to resign or to seek an Ethics Committee investigation into the explosive allegations against him.

First it was New York Rep. Anthony Weiner and the continuing story of the strange behavior of Rep. David Wu.Not a good summer for Congressional Democrats and Nancy Pelosi.

By the way, Wu should be assigned to a closet until he resigns.

In this post, Mark Steyn talks about the austerity budgets in Europe and what may be coming very soon to the United States, if the Congress and President Obama do not get serious about government spending.

It seems reasonable to conclude from the planlessness and budgetlessness of the Obama/Reid Democrats that their only plan is to carry on spending without limit. Otherwise, someone somewhere would surely have written something down on a piece of paper by now. But no, apparently the Department of Writing Down Plans is the only federal expense the president is willing to cut. You begin to see why the Europeans are a little miffed. They’re passing austerity budgets so austere they’ve spawned an instant anti-austerity movement rioting in the street — and yet they’re still getting downgraded by the ratings agencies. In Washington, by contrast, the ruling party of the Brokest Nation in History has no spending plan other than to plan to spend even more — and nobody’s downgrading them.

Well, don’t worry. It’s coming. The domestic media coverage of this story has been almost laughably fraudulent: To the court eunuchs, a failure to raise the debt ceiling by a couple of trillion would signal to the world that American government was embarrassingly dysfunctional. In reality, raising the debt ceiling by a couple of trillion without any spending cuts would confirm to the world that American government is terminally dysfunctional.

In the debt-ridden treasuries of Europe, they’re talking “austerity.” In the debt-ridden treasury of Washington, they’re talking about more spending (Kathleen Sebelius is touting new women’s health programs to be made available “without cost.”) At the risk (in Samuel Johnson’s words) of settling the precedence between a louse and a flea, I think Europe’s political discourse is marginally less deranged than ours. The president is said to be “the adult in the room” because he is reported to be in favor of raising the age of Medicare eligibility from 65 to 67.

By the year 2036.

If something is not done soon, the financial markets will react for the Congress and the President.

It won’t be pretty and all the POLS will be able to do will be to try to blame the other side.

Why can’t they simply pass a short term compromise and have the great debate in 2012?

Or, does President Obama relish a financial crisis for re-election demagoguery?

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