Who is to Blame?

One of the big questions is who is to blame for the housing bubble.

Here is my list:

1. Greenspan & The Feds for the cheap money supply (low interest rates)
2. Parts of the Real Estate Industry
3. Irresponsible Lenders for lending to people who really can't afford it.
4. Fannie Mae & Freddie Mac for bundling up risky loans from
5. Asian Central Banks & GSE for buying all these bundled loans
6. Speculators & Flippers ( for being greedy and fueling this mania)
7. Some HomeBuyers for buying beyond thier means and being ill informed.
8. Parts of the Media for not informing the public about this issue sooner (finally they are commiunicating this)
9. Others ( yet to be determined, please discuss)