As anyone who follows economics and economic policy in detail will tell you, the catalyst of the recession of 2008-2009 was the burst of the housing bubble created by affordable housing laws (by democrats) and the Fannie Mae and Freddie Mac government institutions (created by democrats). Here are the dems incriminating themselves is preventing republicans from fixing the problem back around 2004:
http://www.youtube.com/watch?v=cqpTKFQI1nY
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