The global economic crisis did not begin with the United States, nor has its major impact been felt here, or for that matter in the Anglosphere. Nor did the problem originate in the banking industry nor are the banks contributing to the ongoing crisis. So why blame the US and the banks? Simply because that is the default position for the international Left.
What is most discouraging is the fact that our idiot President has bought into this canard.
Read about it here.