Who is responsible for our financial crisis?

This is a very hard question to answer, believe me I’ve tried and tried to figure it out. And it’s only because I don’t have a reactionary temperment, nor endless hours to research that it’s taken this long. The answer: nearly everyone. Is one political party more resposible than another? I am very confident to say that it was more the Democratic than Republican party, but it comes down to individual members than whole political parties. Even Alec Baldwin, as loony left as they get, acknowledges that Democrats, especially Barney Frank and Chris Dodd, have a great deal of responsibility. Read this: http://newsbusters.org/blogs/noel-sheppard/2008/10/04/baldwin-blames-financial-crisis-clinton-dems-barney-frank. More thoroughly, the eminent economist Thomas Sowell addresses the culpability in one of his recent columns. http://www.jewishworldreview.com/cols/sowell100308.php3. It is titled “Do Facts Matter?” because Democrats enabled the financial crisis. And of course, one of Barack Obama’s chief financial advisors, Frank Raines just happened to be running Fannie Mae, which nearly single-handedly causes this crisis. But for some reason people “feel” that Obama can help us out of this crisis. It’s like a bad joke.