My guess is some dem PR firms were in on it - you know - they guys who get dems elected... They would play it like it was some kind of hoot pulling the rug out from under George Bush - just like they did with his dad over the "no new taxes" thing. Both Bush's have kind hearts - think "powerful soft touch" types.
The folks who play on pity are the sociopaths - and I can just see Bush and his concern for people losing their homes and 401K's and pensions and wanting to "help". He's a good man - the people feeding him the crap were not.
Bush is a sociopaths' dream - a powerful soft touch with deeper pockets (taxpayer money) than anyone on the planet.
Just the kind sociopaths are drawn toward...
Obama might be another soft touch - he's being rolled - with his assistance - bankrupting his chance of fulfilling his programs after paying congressional dems to get all their chits in...
Then there's big incentive for bankers who have a clue ( just like they knew NOT to invest with Madoff) they'd figure this one out. To say anything would be to ask for destruction... Bankers are easy to play but they know the game. And they've been both rewarded - and double crossed. Things might get interesting.
The solid economic growth myth of the past few years is republican crap talking points( Hannity still repeats this on his show) . It was a fake asset bubble based on debt. There is no way you can have house prices rise (with debt) as fast as they did and not expect a disaster. That huge housing industry required an endless flow of legal and illegal imigrants to buy the houses and build them, not to mention foreign capital(since we dont have any) . It was obvious something was very wrong but as long as people saw the their house appraisals get bigger no one would ask questions. Now it crashed and it's point fingers time, but Bush as president is the last guy without a chair, and we republicans have to pay for it (Pelosi and Obama , UGGG) . The party is over and socialism is here.