Part of the blame also lies with bad market timing.

The administration is not entirely to blame, of course.

To be sure, there is a lot of blame to go around.

When growth falters, or goes into reverse, there is no one to blame but the system.

For once, the rot is not in Brussels, but rather in a growing number of European capitals.

Instead, they will be blamed for not seeing an impending catastrophe that was staring them in the face.

One line of thinking blames a leadership vacuum a common diagnosis in Europe.

Indeed, the bureaucracy itself is often blamed for the country s rigidity and ongoing stagnation.

The rich like to blame the poor, partly because it lets them off the hook, and partly because it gives them a feeling of moral superiority.

But there is a contrary moral attitude, the essence of which is that, whereas excessive debt is to be deplored, the blame for it lies with the lender, not the borrower.

But, aside from former Labour ministers, protesting bitterly at being blamed for the state of the economy, the response has been remarkably civil and thoughtful.

If we just accept the diagnosis on offer, nobody is to blame. Nobody needs do anything differently except take the tablets.

Those imbalances had been underscored in the Report on the World Social Situation, 2005, which had placed much of the blame on globalization.

Finally, the victim is blamed for the abuse in the case of the detainees, if they would only behave, and confess, they wouldn t bring all this on themselves.

Al Qaeda affiliates will target US regional interests in the hope that the blame falls on Iran and its militant proxies providing a pretext for US military confrontation.

But one of the risks associated with the large current account imbalances we now face is that politicians may decide to blame one or another country and espouse protectionist policies.

Japan s meritocratically selected bureaucracy, too, faces much the same public opprobrium. Indeed, the bureaucracy itself is often blamed for the country s rigidity and ongoing stagnation.

Yet, by passing the blame for their ongoing terrorist proxy policy to their mullah puppets, the generals have made the US believe that the key is to contain the religious fringe, not the puppeteers.

Doing so would help to relieve the pressure in Congress to blame someone, anyone in this case China for America s jobless recovery.

US Federal Reserve Chairman Ben Bernanke has tried hard to avoid having the blame fall on the Fed for deepening this downturn in the way that it is blamed for the Great Depression, famously associated with a contraction of the money supply and the collapse of banks.

Not unreasonably, President George W. Bush wants government grants to bail out only the approximately 20,000 homeowners who can t be faulted for failing to buy flood insurance, because they lived outside the designated flood plains.

Part of the blame also lies with bad market timing. Many Europeans bought into the US stock market at its peak in 1999 and 2000, only to find themselves selling at steep discounts after the collapse of 2001.

After the City had been destroyed, Samuel Pepys, looking back on the events, wrote in his diary on 7 September 1666 People do all the world over cry out of the simplicity stupidity of my Lord Mayor in general and more particularly in this business of the fire, laying it all upon him.

Originally found on Lightly Braised Turnip, which appears to be a satire news website, the photo was accompanied by the description that a giant squid was discovered on California coast and scientists suspect radioactive gigantism , blaming the Fukushima nuclear accident for the existence of the large sea creature.