^^
Be even more fair, the banks and other financial institutions lobbied Congress for that near complete lack of regulation, and were the ones who were behind repealing the laws from the 30s that were supposed to keep them from gambling lack a set of mad fools.
Besides, the rate of foreclosure is highest not among those close to poverty, but several segments higher. Which is also considerably more money.
And blaming Liberals is silly, if you haven't noticed, Obama isn't a hardcore liberal, he's a centrist, and many of his ideas are FORMER republican ones. That combined with the obstructionism on the Republican's hands, and it makes it very strange to blame them. It's like you haven't even noticed the reality, like how the healthcare reform law was proposed by Gingrich's cohorts back in the nineties, or how the Stimulus was underfunded and hamstrung.
No wonder it didn't work. It was too damn small.