Actually, it's the banks...the major lending institutions...who have tanked the economy. The last few presidents (including Obama and Bush) have merely served as their compliant puppets and errand boys. Adopting partisan positions on this fiasco is to avoid facing the basic problem: the people who create money out of thin air...meaning the banks...are the people who really control your government no matter which party you elect, because it is money in the form of massive DEBT that controls your government. And the banks have created trillions of dollars in imaginary money...in the form of debt...and have effectively bankrupted the entire society to enrich themselves.

And the government bails them out so they can do it again! Bush and Obama both agreed on this. They agreed to bail out the banks.

Fighting about whether it was Bush or Obama who "tanked the economy" is inane. It goes way beyond Bush and Obama to the very nature of a de-regulated system which allows banks to endlessly expand the apparent money supply by simply creating more fictional money in the form of debt and getting paid interest for it. Presidents are just bit players in this fraud, this gigantic pyramid scheme...unless they dare to stand up and stop the banks from doing what they are doing by strictly regulating and limiting how much money they can lend out. No recent president has dared to do that.

The goverment and society are in hock up to their ears. They've been enslaved by a criminal banking system which basically went berserk after Ronald Reagan de-regulated it.

We don't have such a situation in Canada merely because our banks are still quite strictly regulated. Reaganism didn't happen yet here.

Given our dependency on American-Canadian trade, however, if the USA economy truly collapses, Canada's economy will go down too...even though our banks have been well regulated and are healthy. We are a small animal living next door to a sick elephant. If it falls over, we get crushed under it.