Karla, in case you don't know it you should, the "meltdown" during the Bush Administration was caused almost entirely by the phony lending practices of Fannie Mae and Freddie Mac in the housing sector which was foster by and defended by Liberal Democrats Barney Frank, Chris Dodd, Chuck Schumer and Nancy Pelosi. Bush sent his Treasury Secretaries (2 of them) to capitl hill 17 times to try to get it stopped, but they refused.
"We can put light where there's darkness, and hope where there's despondency in this country. And part of it is working together as a nation to encourage folks to won their own home."
G.W. Bush, October 15, 2002