You may have had this video forwarded to you recently. It is an attempt to pin the financial crisis on Democrats because of the Community Reinvestment Act of 1977.
It is a pretty silly claim, but it is easy to confuse people with a deceptive youtube video when the truth about this financial crisis is very hard to understand. Not everyone can be an economist.
I've seen lots of people post about the video above and asking how to refute it, it's being sent around in chain mails.
The best way to respond to a deceptive Youtube video is with a better, truthful one. It takes the pain out of having to type out the explanation yourself.
I think this one is a slam dunk.
It does a nice job of explaining the crisis while at the same time pointing some serious blame in the direction it belongs, with McCain's economic adviser, Senator Gramm.
The video was produced by the people behind KnowMcCain.com which is another cool little site to send around. It produces a random little known McCain fact for each click.