Who is to blame, people with bad credit, or adjustable rates?

by eyewash
Question by Jon D: Who is to blame, people with bad credit, or adjustable rates?
as i see it, giving loans to people with bad credit is no the cause of the problem, because these people with bad credit were able to their mortgages.

seems like everything went bad with rates started to go up. so is who or what to blame the person or company who came up with "adjustable rate loans"?

why not just give people with bad credit fixed rates, because they seem to be able to pay a fixed

Loans Bad Credit Loans