Fallacy:
"The housing crisis was caused by the banks and their deregulated policies revolving around the subprime mortgage issue." (Michael Lambert)
Response:
This is more specific than most of the fallacies here, so perhaps it should be moved to another list at some point, such as StatistErrors? (Also note: "financial crisis" and "housing crisis" are being used interchangeably here to refer to the same event: a financial meltdown tied directly to housing markets.)
Tom Woods has written extensively on these issues, so let's just go directly to a few of his relevant articles: