Krugman makes a good argument this morning that Reagan-era de-regulation is to blame for the current financial meltdown.
His point makes sense to me, though I by no means claim to know anything about this stuff. But I think his piece is worth reading, if for no other reason than to put a historical perspective on this crisis.
Barack didn't do it. Georgie didn't even do it, though he certainly didn't help. This has been building through government action, corporate greed, and a slow changing in the way the typical American thinks of and uses money. We're all to blame, and we all need to help to fix it.