Folks are loving Orson Scott Card's opinion piece of the same title (link) in which he calls out the media for what he sees as its dishonesty in not assigning blame for the sub-prime crisis to the Democrats.  Let me first say that I like Card's science fiction books and that I agree that the Democrats deserve some of the blame.  However, I find it funny that the editor's note highlights that Card is a Democrat.  From what I can tell from Card's actions of the last few years, he's a Democrat in the mold of Zell Miller and Joe Lieberman.  Furthermore, an alternative explanation to Card's charge of dishonesty is that the press has not championed the theory that Card describes because reality is not as simple and straightforward as he claims. Obviously, giving too much credit to people who can't afford it has consequences, but half the sub-prime mortgages were from institutions not subject to the Community Reinvestment Act (link). Furthermore,

...the reason for the financial collapse is that debt was chopped up and marketed as mortgage-backed securities to financial institutions all over the world. If the debt hadn't been sold...the bad debt wouldn't have been integrated into the rest of the financial system and it would have just led to the collapse of the original institutions providing mortgages. In other words, it wasn't the debt itself; it was the very lucrative selling of the debt that got us where we are today.

It was Phil Gramm who championed the Financial Services Modernization Act that allowed that allowed those shenanigans. The blame doesn't just belong with the Dems.