While I detest what the democrats have done, and I believe they are much responsible. It is nonsense to say that they are wholly responsible. I don’t like such misrepresentations, and they can easily be proven false. For one the Big bankers are very much responsible as they committed fraud after fraud in the name of a quick buck. For two the Republicans are also responsible for some pretty heavy things. One of those in fact is what enabled the whole banking system to fail and put the US taxpayer on the hook. That is the repeal of Glass-Steagall by a bill sponsored by 3 Republicans. That is the single worst thing that caused all of this. One could argue that most of the rest of the fraud and corruption was enabled by that one greedy act. Of course the Democrats had quite a hand in Repealing Glass-Steagall as well.
This is a MUST READ for all here .. http://www.zerohedge.com/contributed/2012-12-22/lie-prosecuting-bank-fraud-will-destabilize-economy-what-really-destroying-ec