Wall Street's Near-Meltdown Gave Rise to New Lies About the Economy, All Designed to Blame Anyone But Those Responsible | Corporate Accountability and WorkPlace | AlterNet

PASSING THE BUCK
If the economic meltdown was caused by a bunch of poor people who bought McMansions we could have solved it much more cheaply in a couple of days in late 2008 by simply providing borrowers with additional capital to reduce their loan principals. It would have cost about 3 percent of what the entire bailout wound up costing with comparatively similar risk.
(ALTERNET)