i think that is ridiculous. when there comes a question as to who to blame, ask yourself, where did all the money go?
politicians make what, a couple hundred thousand a year? what does Jamie Dimon or Lloyd Blankfein make? how many hundreds of million a year let alone all the ancillary bonuses in the millions to investment bankers on Wall St?
tell me who is in control.
Banks bought gov't because it's a single point of failure. Control government, control the laws, and so on down the line. At the same time, there are more than enough intangible benefits politicians gain to make their six figure salaries just a symbolic token.
With regard to the fiscal calamity: it takes two to tango, and the song name was collusion. Pols want the bankers to help them gain more (through funding), and the bankers want the pols to help them gain more (through legislation).