McClatchy: blame Bill
If a picture is worth a thousand words, McClatchy's front page today lays the blame for the current financial crisis at Bill Clinton's feet. Over the headline "Wall Street crisis is culmination of 28 years of deregulation" we see a photo of Bill grinning and giving the thumbs up, captioned "Bill Clinton in 1999 signed legislation that overturned nearly 70 years of regulation of the financial industry."
The commenters strike back with the facts, supported by linky goodness: it was a Republican bill, passed in the Senate on a straight party-line vote with exception of the DINO Hollings.
I spent many an hour ranting at Bill for his bad policy positions, but I don't think this is fair journalism. The article is better, tracing things back to Reagan conservatism, but whoever made this editorial decision deserves a check from the RNC.