GRC this will make you happy.
I lay the morgage crisis right at Bushes feet. He kept touting the ownership society and pushed to qualify anyone for a home loan. All was well for a few years, with the fed easing rates and the gov. printing alot of money after 911 to keep us out of recession, but they created a huge bubble, no money down, interest only loans, people buying homes way over their heads and living off refinancing their mortgages, and ruthless mortgage companies tricking people into these AR mortgages(this happened to a good bro of mine)
So when the fed starting raising rates the bubble burst and who knows where this will unravel to.