[KarlInOhio]

But what I see now is that socialists and social democrats throughout Europe and even in the United States, are getting some renewed energy defending their ideology, claiming that the reason for this financial scandal has to do with liberalism or market failure or capitalism, which is not true at all. It has to do with mistakes made actually by [former US President] Bill Clinton, and it has to do not with the lack of regulation but with the wrong regulation, with forcing financial institutions to lend money to people without the capacity to pay it back. I think people need to be reminded of that.

Too bad the Republicans over here didn't shout that from one coast to the other. Instead they just look for ways to add zeroes to the end of the money and go Zimbabwe on the economy.

[Eurotwit]

Why didn’t they?

[Eurotwit]

Just to add for the record:

In my, albeit, limited understanding of the financial meltdown was more complicated than that. These democrat policies caused the rotten debt, but Wall Street ran with it and sold leveraged intruments that made the crisis really large and global.

What was the sum of these rotten mortages anyways? I doubt it is even close to what the current bail ours are amounting to.