Someone on Cix posted a passage from Garrison Keillor, who summed up the credit crises and the Republican responsibility in these words in the International Herald Tribune:
Confident men took leave of common sense and bet on the idea of perpetual profit in the real estate market and crashed. But it wasn’t their money. It was your money they were messing with. And that’s why we need government regulators. Gimlet-eyed men with steel-rim glasses and crepe-soled shoes who check the numbers and have the power to say, “This is a scam and a hustle and either you cease and desist or you spend a few years in a minimum-security federal facility playing backgammon.”
The Republican Party used to specialize in gimlet-eyed, steel-rim, crepe-soled common sense and then it was taken over by crooked preachers who demand Americans trust them because they’re packing a Bible and God sent them on a mission to enact lower taxes, less government. Except when things crash, and then government has to pick up the pieces.
Find the whole article here. And because of US syndication, if you google any of the key, well-honed phrases, you’ll find the same piece in a dozen US subregionals.