I recently responded to a conservative friend on the differences between the Democratic and Republican parties by pointing out that the Republicans ran a war off the books and cut taxes during that war. This blew up the national debt and then, having lost the Presidency, decided to blackmail the country by threatening to threatening to destroy its currency. Conservatives point to Bill Clinton's sex life as if this was somehow equivalent.
It seems to me this is part of a pattern of escalating criminality. We had Reagan with his tax cuts and his militarism, then Bush I with the first war in Iraq, then Bush II with his tax cuts and the second war in Iraq, and now the House Republicans with their debt and currency blackmail schemes. The conservative wing of the Democrats which, alas, includes Obama, has been complicit.