A. Reuters is Liberal:
"The unemployment rate announced three days after his election was 6.5%....not particularly terrible. But it was the only economic news, and had Obama insisting we were suffering "the worst economic crisis since the Great Depression."
Obama: U.S. in worst crisis since Depression | Reuters
B. The Mortgage Meltdown was totally Democrat caused:
1. Democrat FDR shredded the Constitution....ignoring article I, section 8, the enumerated powers.
He created GSE's Fannie, and his drones followed with Freddie, to do something the Constitution didn't authorize: meddle in housing.
2. Democrat Carter....the CRA, constraining banking policy
3. Democrat Clinton....strengthened the CRA
Under Clinton, HUD threatened banks, again, to give unrequited loans.
Henchmen: Democrats Cisneros and Cuomo.
4. Democrats Frank and Dodd barred any governmental discipline in this area.
It was Democrats and Democrat policies that caused the Mortgage Meltdown
That's the CliffNotes version.