Apparently realizing that his fifteen minutes was up before he got into the race, Newt Gingrich tried to grab the spotlight the other night at the debate by declaring that Chris Dodd and Barney Frank, the authors of the bill that brought much-needed regulation and consumer protection to the banking industry, are the ones who should be in jail for having the temerity to regulate the swindlers.
Moderator Charlie Rose offered Gingrich a chance to walk his remarks back, saying he surely didn’t mean they should actually go to jail. But Gingrich stood his ground, saying Dodd should be investigated for his ties to Countrywide Financial and Frank for his ties to Fannie Mae.
“All I am saying is, everybody in the media who wants to go after the business community ought to start by going after the politicians who were at the heart of the sickness that is weakening this country,” he said.
You would think that Mr. Gingrich would know better than to get into a pissing match with one of the wittiest members of Congress. And Mr. Frank did not disappoint.
“He’s been having a bad year, you know — this self-styled intellectual leader of the free world struggling to stay ahead of Michele Bachmann in the polls is unsettling him so he talks even sillier than he sometimes does,” he said.
I think it’s mean of Barney Frank to engage in a battle of wits with an unarmed opponent.
HT to Steve Bates.