The mortgage meltdown that put us in our current economic difficulties (recession, depression, collapse) has been blamed on George W. Bush. Somehow, the Republican President had the ability to force people to take bad loans, force banks to act stupidly, disallowed regulations against Fannie Mae and Freddie Mac (even though republicans were calling for such during his first term), and with his magic want popped the housing bubble. In reality, like Obama's policies which are extending the economic slow down, the collapse was caused by democrats, and it was done on purpose.
