Sorry Obama, I Think We Need To Blame Bush For One More Thing.

LOL. More complete B.S. The 'housing bubble" you speak of was created by democrat corruption of the housing market starting with Carter's "Community Reinvestment Act", which was the first government attempt to force lenders to make bad loans in order to buy votes from the poor. This effort was accelerated under Clinton, who directed Janet Reno to file discrimination suits against any lender that tried to act responsibly by not lending money to people who didn't qualify. Obama represented ACORN (who he later lied about being involved with) in one of these suits against Citibank. From 2003 - 2007 Bush and the republicans made no less than 5 attempts to increase oversight of Fannie and Freddie and all of them were blocked by the democrats, led by Barney Frank and Chris Dodd, who should both be in jail. McCain, who I am no fan of, sponsored one of the bills and said "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." Barney Frank made his now infamous video response saying that Fannie and Freddie were just fine. Shortly afterward, they dragged the entire economy into collapse. Now we have Obama and his party increasing both the debt and the deficit by more than all previous Presidents from George Washington up to AND INCLUDING Bush combined. Obama is a marxist. He hates this country. That is why he wants to "fundamentally transform" it. He is following the plan laid out by Cloward and Piven and his terrorist friends in the Weather Underground to intentionally collapse the economy with out-of-control government spending in order to create enough chaos to facilitate a forced change to marxism. Anyone who still supports him after what we have seen is either 1) also a marxist leftist who hates America, or 2) a blithering idiot.