|
50 years of crazy bloated fraudulent non-sensical self-defeating bankrupt government social programs is the cause, including the Community Reinvestment Act which was launched under Carter and expanded under Bill Clinton and served as the primary trigger for the real estate collapse. You can also send a note of thanks to Rep. Barney Frank who insisted that the flimsy government entities which propped up this scam were rock solid.
The current cause? Obama and the 200 big spending Obamas in Congress, who have only stepped on the accelerator towards the cliff of financial doom.
Who will get the blame? Depends who you ask. The left blamed GWB for everything that ever went wrong anywhere in the solar system, but they have played that card so many times that it is worn out.
If Obama gets half the blame he deserves --he will be bounced out on his ass in the next election.
The Looney Left's current whipping boy is the Tea Party.
|