HYPERLINK “http /jewishworldreview .com /cols /sowell051309 .php3 “http /jewishworldreview .com /cols /sowell051309 .php3 In the article of Thomas Sowell entitled , The Blame Game , he presents an interesting theory on the economic crisis and the effects that it has on government . He points out the trend of politicians soon after shuffling their feet and taking to the stands to denounce the acts and plans of previous committees . He points out that one common reaction in Washington whenever there is a crisis is to point fingers and mouth the word “deregulation ‘ It is this lack of government standards and monitoring that allowed the crisis to happen in the first place . From a sociological perspective , it is but natural to expect that these politicians try to conform to the times but being flexible with their statements . Citing the example of Congressman Barney Frank who in 2003 lamented the lack of action on the part of government in addressing the housing issue , Thomas Sowell mentioned how they were all clamoring for more subsidized housing and less government regulations to allow the market to work . However , by 2007 , his tune had begun to change , citing the lack of government regulations as the cause of the economic slump .Finally , when the markets started to collapse , he had no choice but to claim that this was caused purely by lack of government regulation and the bad decisions made by the private sector . As such , this shows that the issue here is more of the fact that there…