Did Bush cause the financial crisis?

Sub-prime loans. Credit default swaps. Mortgage-backed securities. All dodgy ideas for pumping funny money round the financial system. Did Bush cause the financial crisis? Not on his own, but he knew what was going on. He muttered words about "folks hurting" but blithely carried on. So now we have a trillion dollar debt for Americans to be living with. House Speaker Nancy Pelosi says, "Consider the terrible consequences of the 'anything goes' Bush Administration, whose irresponsible non-regulation of financial institutions has led to this crisis." Well yes, but she is just as much to blame. It's no good regulating without seeing what you are regulating. Did she say anything about the loans going to those who didn't have a dime? Did she sound off about the guarantees that were as worthless as lead balloon? I don't think so.

Still money is chasing indebtiness. Only when an honest day's work is paid for in proper money will we begin to see sense. Let's get the lumberjacks out to cut down those money trees that have sprouted out all over the place. We need a new approach right now.