Reason- "The Myth of Financial Deregulation"

At Reason Online, Anthony Randazzo examines how government interference led to the current financial crisis:

To read the Obama administration's new financial sector regulation overhaul proposal, the government didn't have anything to do with the current crisis. According to this view, our economy wouldn't be facing a recession with almost 10 percent unemployment if the government had been more involved with the market. This picture is about as historically accurate as the famous portrait Washington Crossing the Delaware.