You can't be naive enough to think that if a Democrat had been President for the past ten years that the same people in Congress and on Wall Street who set us up for this fall wouldn't have done exactly the same thing? There's a reason nobody wants to look at any name except Gramm's.

Once you linked the Treasury to the private sector this was set in motion. This was inevitable the first time a banker was told that he could take greater risks because the government was backing him up, that he didn't need the reserves he might need if he were on his own.

Did we learn nothing from the Savings and Loan debacle?

This isn't Democrats and Republicans. It's politicians, and the inherent flaws of a mixed economy.

You can all wallow in the fantasy that this will all get better when Democrats are running everything in Washington. I doubt reality will set in even then. The failures of the next twenty years will all be Bush's fault.