A country of landed farmers, all

I will be the first to admit that this video is blatantly partisan, seeking to portray Democrats in the worst possible way, and seeking to depict McCain as the would-be savior who rode in a a white horse trying, and ultimately failing, to bring regulatory reform to a corrupt system. I am relatively confident that in the discussions about Fannie Mae and Freddie Mac, there were some Republicans who sided with the majority of Democrats, and vice versa.

But the fact remains that ultimately it was the Democrats who implemented a block of the Republican reform-efforts. Doubtless this was done with the best intentions; Democratic Congressmen surely wanted to provide aid to their constituents, the poor and/or minorities who wanted to buy a house. After all, the landed-farmer represents the penultimate American dream held by Jefferson and his cohort. And it must be said that this video is edited to bring out the drama of the issue, and likely to leave out crucial parts of the deliberations that only hours spent watching CSPAN can communicate. Still, the responsibility for this must ultimately fall at the Democrats' feet.
How funny it is that the Republicans, of all people, are the ones calling for more regulation, at least in this instance. We live in a world not of black and white, but of greys. Then again, the Republicans were calling for stricter regulation of an entity that was itself performing a governmental function by distorting the market-equilibrium, giving disproportionate aid to a Democratic base as a result. On second-thought, maybe party-distinctions are crystal-clear...