The financial crisis happened because the Dems had taken over the legislature and passed bills that Bush should have vetoed...but didn’t, because he was busy being “bipartisan” and “listening to the will of the majority,” something that has obviously never mattered to his successor.
Curiously, the Dems have never gotten the blame that they deserve for things like the housing melt-down, etc. Bush should have fought back, but by then, late in his term, he was under such attack that he probably thought it was impossible.
Yeah, guess it was that democrat controlled congress in the 1990’s that repealed glass-steaggle, refused to use their funding authority to put Fannie and Freddie on a leash, trumpeted the “ownership society” and appointed ben Bernanke to chair the fed. Oh...wait...that was the GOP teamed up with the democrats who did all that. Tell you what, just keep all that between us and we’ll pretend it was all them dems fault.