That's what 6 years of conservative rule will get you.

“Sound familiar?” Mr Walker said. “In my view, it’s time to learn from history and take steps to ensure the American Republic is the first to stand the test of time.”

Mr Walker’s views carry weight because he is a non-partisan figure in charge of the Government Accountability Office, often described as the investigative arm of the US Congress.

While most of its studies are commissioned by legislators, about 10 per cent – such as the one containing his latest warnings – are initiated by the comptroller general himself.

Already clipped by sam.reckoner. Many comments and pops at the following clip Learn from the Fall of Rome, US warned

The clip showing amounts spent on the forces being as much by the US as the rest of the world blew my mind. The fact that the people are already missing out to basic rights, shows that that is too much.
Maybe Greenspan's policies are to blame for the housing loans issue; maybe they will have greater effect. Banks etc all over the world are suffering from their involvement.
Whatever the causes, there won't be much help coming if banks are involved.