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Politics : American Presidential Politics and foreign affairs
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To: calgal who wrote (29607)9/22/2008 9:10:14 PM
From: TimF  Read Replies (1) of 71588
 
The Democrats certainly deserve a big chunk of blame.

OTOH the private sector individuals involved (from the management at the companies who made foolish mistakes, to the people who borrowed more than they could afford since "housing always goes up" also deserve blame, and its not like Republican politicians are blameless, they can be as corrupt as anyone else. But the idea that there was some total lack of regulation or regulatory enforcement and that this was the cause of the problem is just a crock.
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