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How Congress set the stage for a fiscal meltdown

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2008-10-13usatoday.com

No single government decision sparked the crisis, but collectively the candidates had a point: Both parties in Congress played important roles in setting the stage for the ongoing financial meltdown.

They did so in moves that reflected not just their ideological priorities, but also the wishes of special interests that have spent millions aggressively lobbying Washington and contributing to lawmakers' campaigns.

USA Today nails it (except, of course, the conspicuous absence of mentioning the lack of sound money -- but the MSM is definitely not "there" yet).


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