The Blame Game

One of the favorite things to do in the midst of a crisis is to point fingers.  We want to know who the hell got us in this mess. And in the last few weeks as Freddie and Fannie’s independence has collapsed, the blame game has become a predominant pastime.   It doesn’t solve anything, but it does allow reporters and politicians to fill up the news cycles with venom.

As we hold our breath, waiting for our leaders to figure our way out of these treacherous woods, we thought we might play a game of Clue. We’ve been given a list of suspects, enough to fill an Agatha Christie novel.

The present president and his administration, the former president and his administration, Congress, mortgage brokers, realtors, appraisers, banks, speculators, Wall Street, Alan Greenspan, the consumer and, just to satisfy those suffering from paranoia, the Illuminati.

We’ve assembled them all in the English country manor.  The police have already removed the body, known as the housing market, from the estate grounds.  But we have just learned that someone else has collapsed in our midst, the financial market.  And they may have been fatally poisoned. 

Over the next two weeks, we’ll look at the primary suspects and talk about their culpability in this murder spree.

Tomorrow:  George Bush.