[carolinacrazy]

Unfortunately this is a sophomoric view of this entire mess. Although people from both parties would like to lay the blame firmly at the foot of the other, this is not possible, as both parties share equal blame. And it actually goes beyond parties, because the people who are in DC “running” our country actually have no idea how their legislation will effect the nation 10 years down the road. They aren't that smart.
Deregulation did play a part when it was coupled with Wall Street's blatant greed and irresponsible leveraging. And the liberals attempt to grant poor people middle class status through home undeserved mortgages without requiring anything of them accelerated the problem. When it comes to this idiotic government it is never one or the other to blame, it is usually all of them.

[org.whodat]

Unfortunately this is a sophomoric view of this entire mess. Although people from both parties would like to lay the blame firmly at the foot of the other, this is not possible, as both parties share equal blame. And it actually goes beyond parties, because the people who are in DC “running” our country actually have no idea how their legislation will effect the nation 10 years down the road. They aren't that smart. Deregulation did play a part when it was coupled with Wall Street's blatant greed and irresponsible leveraging. And the liberals attempt to grant poor people middle class status through home undeserved mortgages without requiring anything of them accelerated the problem. When it comes to this idiotic government it is never one or the other to blame, it is usually all of them.

Agreed!!!

[wartman]

Unfortunately this is a sophomoric view of this entire mess. Although people from both parties would like to lay the blame firmly at the foot of the other, this is not possible, as both parties share equal blame. And it actually goes beyond parties, because the people who are in DC “running” our country actually have no idea how their legislation will effect the nation 10 years down the road. They aren't that smart.

Of course there is more blame to go around. If you simply read the article, this is only one part in a series of the causes.