Now, to be fair, not all of that is Obama's fault. Much of it he honestly did inherit: the economy was crashing when he took office, and that's no Democrat invention. However, instead of taking wise steps to address this, he took absolutely foolish ones, then even more foolishly believed they'd fix everything and went on as if nothing more needed to be done. Indeed he and the Democrat-controlled congress went on as if things were doing quite well and they could spend like crazy.

And that IS his fault.

Mr. Vanderluen, you are racist for pointing all this out and someone from the government or Oprah Winfrey's production staff will be around to see you about it.

Every President "inherits" problems from his predecessor (well, except maybe George Washington), because that is the nature of government and human existence. Mr. Obama has "not let this crisis go to waste" in his goal to gather more power to the Federal Government, which was and is his primary objective. In that, above all other things, he has been very successful.

Mission accomplished!

But,but,but, this can't be true! He is the Great Leader, The King, The savior. How can it be!

@Christopher Taylor: Sorry, but you are incorrect. The economy was tanked by the collapse of the housing bubble. This was started under Carter, and disastrously expanded by Clinton. Bill Clinton used the power of the White House to pressure banks to extend loans to people that were poor credit risks. When banks protested, they were threatened with being cut off from the Federal Reserve system. Anyone who can add could see this was going to distort the housing market, and destabilize the economy. No less a paper than the New York Times warned this was a terrible idea.

Over they intervening years, the Republicans in Congress tried on more than 300 occasions to get the Federal Home Loan giants Fannie Mae and Freddie Mac audited to see if they were sustainable. They were deadlocked at EVERY turn by the likes of Barney Frank who derided Republicans for fear mongering and of course, racism. The rest is current events. No Sir, this was INDEED a Democrat created disaster.

I can't disagree with the bulk of your history, but I would add that while the Republicans firmly controlled two branches of the federal government and were begged (more than a dozen times) by President Bush to do something about it, they did nothing so I don't think you can exclusively blame Democrats. They are responsible for the bulk of the problem, but not all of it.

Democrats did this... Republicans did that...

Truth is, we allowed this happen to ourselves...

From the archives of a world famous blogger:

http://dpjk.blogspot.com/2013/04/donkeys-and-elephants.html

In the end, in a Democracy, we as the voters have no one else to blame but ourselves, I agree.

I don't mind paying my debt. I just don't want to pay everybody elses.