Monday, September 29, 2008

Bailout fizzles, markets sink, Hoyer blames (Updated)

Though Democrats in the House could have passed the bailout plan without any Republican support whatsoever, Democrat Steny Hoyer thinks he's figured out whom to blame:
"As I said on the floor, this is a bipartisan responsibility and we think (Democrats) met our responsibility," said House Majority Leader Steny Hoyer, D-Md.
(AP, via Yahoo! News)
Apparently the spirit of partisanship is not entirely dead.


Update:
I was looking for a video of the Nancy Pelosi speech that Republicans credited with helping to kill the compromise bill.

Pelosi's speech is remarkably partisan, and completely ignores the role of inept government regulation, dating back to President Carter, that helped sink the lending market.



Hat tip to Ed Morrisey and Hot Air for coming up with the video link and embed.

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