I don't doubt that government interference in the process didn't play a role, perhaps a major role, in this debacle. But it would be a grave error to assume that government interference is solely the product of liberals and that conservatives are always gallantly fighting to prevent it. The beneficiaries of this debacle are professional money managers, financial specialists, what their politics are, or who they have to influence to mold policy for their benefit is irrelevant.
My point is that blaming crooked liberals for all this is a very cynical distraction and evasion. What we should be focussing on is crooked businessmen. If you need any more proof, of this now, isn't the current administration desperately trying to "back the plays of the mortage industry with tax money"?
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