SO THE BAILOUT legislation has failed. Who is to blame? In a nutshell, the Republican party has just suggested that a speech by the leader of the Democratic Party -- Nancy Pelosi -- derailed the entire program. Below is the response from Democratic Representative (and Chair of the Financial Services Committee) Barney Frank -- who is from Massachusettes. It's worth a look (even for you non-Americans) because Frank is perhaps the only member of Congress who would say what he says. In my opinion, Frank is the single best member in Congress at delivering non-politically-correct sound-bytes.
Here's the set-up to the clip. A reporter is asking Nancy Pelosi about reports by Republican members of Congress that it was her speech --deemed highly partisan by some -- that led to the failure of the legislation. Barney Frank decides to answer the question:
Oh no he didn't!
CJS
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