churchill, linking the recession to the advent of the Democratic Congress is just silly. The recession has clear antecedents, linked to Republican standing policies of removing government oversight, reducing regulation, and permitting “free trade” economics (except when it gets in the way of their precious big businesses, of course). You can mention Barney Frank all you like, but the truth is that Barney stupidly bought into the Republican party line, which way predated him hopping on the bandwagon. Senator Phil Gramm (R) was the one who prevented any constraints on the subprime mortgage derivatives business, which is the #1 source of the collapse.
Stuart Carlson and Jerry Resler