Finally, somebody got it right! Yes, there's enough blame to go around in DC on both sides of the aisle, but the real culprit is any politician who thinks central (government) control of the economy is better than the free market. Let the individual lending institutions decide who they want to loan money to, don't tell them to loan money to people who can't pay it back. Don't encourage people, in making these types of loans, to live beyond their means and take out loans they can't afford.
Central control of the economy has never been successful, let the free market determine who gets a loan. When a company has bad lending practices, don't use MY tax money to bail them out, let that company be responsible for its own actions (or the management of that company).
This article hits it squarely on the head. Speaking of heads, several of them should roll for what they've done to some of the biggest financial institutions in the world.