Today, when John McCain said now is not the time to place blame, it came across as if he were protecting Republicans. In reality, the financial crises started with the Clinton Administration and was allowed to continue past 2004 when Republicans tried to call attention to the looming failures and were talked down by Barney Frank, Maxine Waters, Greg Meeks and the others in power at the time.
Look at this compilation of a CSPAN2 recording covering the 2004 hearings.
http://www.hyscience.com/archives/2008/09/shocking_video.php
Thanks, HyScience for the link.
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