'This Week' Transcript: Democratic Leader Nancy Pelosi

AMANPOUR: I want to ask you, some of your, you know, most vociferous supporters, like our colleague, Paul Krugman, has spoken quite glowingly about this populist movement. And you've even heard people around this table saying that it should be harnessed, but also saying that it's the moment now to perhaps try to translate that into some kind of political question, political demand. Is there something that you can make this about?

LAGRECA: I think the entire movement is about economic justice. I mean, to me -- and I'm not speaking on behalf of Occupy Wall Street, I'm just giving my personal opinion -- I think it's a matter of economic rights and I think it's a matter of social rights and social justice. And to the people who would take offense to the word "social" being placed before justice, I'd invite them to re-read the Constitution.

AMANPOUR: Let me ask George Will, who wanted to ask you a quick question.

WILL: Mr. LaGreca, I hear a certain dissonance in your message. Your message is, Washington is corrupt, Washington is the handmaiden of the powerful. A lot of conservatives agree with that. But then you say this corrupt Washington that's the handmaiden of the powerful should be much more powerful in regulating our lives. Why do you want a corrupt government bigger in our lives?

LAGRECA: You know, I find that a lot of these conversations about the government tend to deflect away from Wall Street, because let's be honest. The lobbyists have enormous power, and they've shut out the voice of American people.

So I think we should demand a government that is listening to people. And I find it ironic that when people demand action from their government, so many people tend to overreact and say, "Well, that's out-of-control government."

Our government is a function of our democracy. By attacking the government, we are attacking democracy. So to me, I think, yes, we should ask our government to represent the will of the people. And if the will of the people are demanding action, then they should follow suit.

AMANPOUR: Do you think these demonstrations are going to have momentum? I mean, is it going to continue now, day after day?

LAGRECA: Absolutely. People are extremely excited about what we're doing. We're engaging in a direct democracy conversation. I mean, the general assembly is really the new town hall. And we don't have a filibuster. We don't have lobbyists. We don't have a system that can be co-opted. And I invite everybody to come down and talk to us.

AMANPOUR: All right. Jesse, thank you so much, indeed. I appreciate you being there.

Let me ask you, Donna. Clearly, unions and other Democratic organizations are jumping on this. Is this something that the Democratic Party feels will energize it, as the Tea Party did the Republican Party?

BRAZILE: There's no question that Democrats recognize the strength of this movement. This is a grassroots movement. On the other hand, I don't believe that the party itself should try to lead this. Yes, teachers, firefighters, many others who've been impacted by the ongoing recession, they have a legitimate right to go out there and protest.

George, many of these Americans are feeling the effect of the economy, foreclosures. How many Americans out there have lost their homes or their homes are underwater? This is a legitimate movement, and we should not try to marginalize them.

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