I kinda have to go with Big Sexy on this. Although........it is hard for me, and I am reasonable intelligence, to understand how the current financial mess can be put anywhere but on the investor.

Dollar signs overrode intelligence in almost every market.
Stupid people with no sense and access to easy money believed the bigger idiots who told them you can flip this house for a huge profit; pay me my fee and you too can get rich.

Stupid people with no sense decided they deserved to have homes and the larger the better. By golly I make almost 43k per year and I want to live in my McMansion with everyone else. Existing homes weren't good enough. It had to be new.

Stupid people with no sense argued that my salary will go up and you can't go wrong with real estate.

Now I am forced to pay for this mess when I live below my means, budget wisely, have little to no debt, and 5 figures in savings.

Do I blame Bush. Yep. Absolutely. Do I blame stupid people. Emphatically yes.