Newt Gingrich Wants to Arrest Barney Frank

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The Opening Serve: Newt Gingrich was one of the forgotten stars of last night's debate, which centered on Republican hopefuls Mitt Romney and Herman Cain. But that didn't keep him from unleashing some one of the night's memorable zingers. When asked about "class warfare" and the current state of Occupy Wall Street, Gingrich said, "But let's be clear about who put the fix in ... If you want to put people in jail, I want to second what Michele said, you ought to start with Barney Frank and Chris Dodd." Charlie Rose, who moderated the debate, asked for clarification and gave Gingrich an opportunity to take back the Dodd and Frank prison comments. Gingrich didn't take it. "In Barney Frank's case, go back and look at the lobbyist who was close to Freddie Mac. All I'm 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 which is weakening this country," said Gingrich.

The Return Volley: Frank responded to Gingrich last night. Frank said his and Dodd's role in the financial meltdown was absurd, since Republicans controlled the House and -- except for a brief period -- Senate, from 1995 to 2007, Talking Points Memo reports. "It's interesting, the charge is failure to stop Newt Gingrich and Tom Delay from deregulating," said Frank. "This notion we caused the problem that started while they were in charge even by Gingrich's standards is very odd."

Read the full story at The Atlantic Wire.

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