Blame Bush?

Lots of people on the left say, "Obama is just cleaning up after Bush."

But the thing to remember is that it is congress that spends the money. Democrats have been in control of congress since 2006. Two years before all the economic troubles started.

Further more, the mortgage industry collapse was really caused by the Community Reinvestment Act (signed by Pres. Carter strengthened by Pres. Clinton) and abuses at Freddie Mac and Fannie Mae. Democrats stopped Pres. Bush from increasing regulations on Freddie and Fannie.

Bush's fault indeed.