[thecavemaster]

Please try to focus both of your eyes on the eighth word of the last paragraph of my post. (It is the word between "Clinton" and "Obama." Now read that word to the class, "B-U-S-H." Bush's vision of an "ownership society" did nothing to discourage banks from making loans to people who could not repay them, which is why I included him as part of the problem.

However, if you do not believe that Dodd, Frank, and other liberal Democrats who browbeat regulators who came before them for not making more bad loans to high-risk borrowers, then you are simply not familiar with recent history. You might also want to research the party affiliation of the incompetent political hacks that ran Freddie Mac and Fannie Mae into the ground. In the process, you may trip over the fact that at least one of them advised Barack Obama on economic matters during his presidential campaign. FWIW, I do not believe that Franklin Raines, as incompetent has he is, could do a worse job in the White House than its current occupant.

You're serious, right? Or, are you using obvious hyperbole to conclude an otherwise decent argument?