The housing/mortgage crisis was certainly enabled by the brainless Dems you mentioned and also the lenders, insurers and government (yes, Bush's, but others as well - back to Carter). But what about these meetings?
-The one where the developer forces the small builder to buy more lots than he could possibly use for 3 years (now 10 years with the downturn).
- The meeting where the builder decides to build extremely expensive homes with lots of bling because he is targeting a market that will overspend simply for image and first impression.
- Then of course the meeting where the mortgage broker encourages the buyers to overspend so he can collect big fees - soe of which he passes back to the buyer under the table.
- Wachovia decides to play hardball with the builders who have construction loans so that instead of an organized workout they take back tons of houses and dump them on the market and cause massive devaluation.
- Finally the meeting where Wells Fargo marches in and takes over Wachovia and eliminates jobs and bonuses for the morons who made the whole thing worse.

Yep, lots of interesting meetings and bad decisions. No one person did this - everyone did. A hopeless combination of greed and stupidity.

Notice how no one has spoken the word ACORN since the election. Or mentioned the Community Reinvestment Act? Obama has censored the compliant press.

I think it was the SEC meeting where the decision was made that we don't need no stinkeen capitalization requirements for our "self-policing" financial giants that really enabled the explosive ingredients to be mixed together, eventually blowing the wheels off of the wagon.

Now that we are in this financial shape, learning from the mistakes is what is necessary, and not entertaining denial as any sort of solution, rather recognizing it as a major hindrance.

"I can't wait until tomorrow, because I get more lovable every day."

and how much has our 401K's declined in value because of this learning curve? Also, during all these discussions who was looking out for us?

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But since you asked I'll venture a guess that it must have been much more of the same. No way that's all Barney Frank had to say. Now seriously, do you know what else transpired in those hearings, or whatever they were? Furthermore, I think the Dems had a mindset for keying and knew where the Repubs had parked their cars.

OH NO

YOU DIDN'T!