http://www.ibdeditorials.com/IBDArticles.aspx?id=306370789279709 The Real Culprits In This Meltdown By INVESTOR'S BUSINESS DAILY September 15, 2008 Big Government: Barack Obama and Democrats blame the historic financial turmoil on the market. But if it's dysfunctional, Democrats during the Clinton years are a prime reason for it. Obama in a statement yesterday blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the "trickle-down" economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend. But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street's most revered institutions. SNIP Market failure? Hardly. Once again, this crisis has government's fingerprints all over it.