Cantor Smacks Down Pelosi – Update: Barney Frank and Lindsey Graham

The Republicans have had enough and it’s about time.

The Democrats started getting partisan last night … as I detailed below. Last night Republicans said nothing. Today Nancy went right back at it saying the Republicans were to blame for deregulation and ignoring the problem. We detailed yesterday how the root of this lies right with the Democrats, even as Republicans tried to reign in Fannie Mae.

Well today rank and file Republicans had had enough with the spankings from the SF socialist mommy … and they struck back by striking down this bill and Cantor, who helped craft the Republican revised legislation laid the blame on Pelosi’s doorstep.

Here’s what Pelosi and Frank said today … just before the vote.

To score a few points, House Speaker Nancy Pelosi took the opportunity to lay the blame for the financial meltdown entirely on the Bush administration’s economic policies.

“They claim to be free market, when it’s really an ‘anything goes’ mentality,” she said. Pelosi urged the House to pass the bill.

Remember … The Democrats could have passed this without the Republicans. Better than 90 Democrats said no … The people have spoken.

UPDATE: Barney Frank Responds: 

And in this corner … Lindsey Graham: Umm no Congressman. Republicans did not like this bill period. Since it’s your position that bipartisanship means blaming Republicans for everything … then your little last minute blame game stunt on the floor sealed the deal.