Free Market Failed Us? Or was it Monetary Policy (the FED) and Fannie Mae etc?

***Link LOST on LAST POST!(hate when that happens!) WHOOMP! Here it IS! =D
Care about our economy? For REAL, this is RATIONAL articulation by CSPAN panel of REAL economists, not politicians, about underlying cause(s) of current economic circumstances. Let's be informed so as to help prevent repeat.
Facebook: Just click on link, 'View Original Post,' on bottom to view.

http://www.youtube.com/watch?v=1DBwF_MrI70