Desperate Republicans are scapegoating the respected community advocacy group for Wall Street's disastrous lending spree.

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Many Republican lawmakers on the oversight committee tried to blame the mortgage meltdown on the unchecked growth of Fannie Mae and Freddie Mac, the giant government-sponsored mortgage-finance companies that were placed in a government conservatorship last month.

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I see this financial breakdown, moreover, as being not merely a moral crisis but the monetary expression of the broader degradation of our values – the erosion of duty and responsibility to others in favour of instant gratification, unlimited demands repackaged as 'rights'  …

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The Republican Roots of the Subprime Crisis...

Many people are still snookered by the right-wing blogosphere's accusation that the Democratic Party is solely to blame for the current financial crisis.

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The "Liberal" Subprime Crisis -- Myth and Reality

If you're like me, you've noticed a plethora of comments and articles, lately, attempting to lay the responsibility for the current financial crisis at the feet of liberals (in general) and Democrats (specifically).

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Or should it be called Bush eats the crow he cooked?

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FRANKFURT, Oct. 18 — The dollar sank to a new low against the euro Thursday as fresh evidence of losses in the mortgage industry stoked fears of a sharper-than-expected economic slowdown in the United States and crude oil rose to another record.

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