In complete denial of reality? Or just unrelenting devotion to deregulation?

Michael Moore appeared on Fox News last night as a guest on Sean Hannity's show, to discuss his new film "Capitalism: A Love Story" and engaged in a surprisingly very civil debate with Hannity. Hannity was in complete denial about the causes of last year's economic meltdown, and you get the sense while watching him argue against the facts that he is either completely out of touch with reality, knows he's wrong but will never part from his partisan dogma, or doesn't care what he's saying because he's making big bucks. Perhaps it's a combination of all three. Anyways, Moore really took Hannity to task for claiming that the subprime mortgage crisis (predatory lending) and the resulting financial crisis was a result of low-income borrowers who acquired mortgages they couldn't afford (ie screw the average or little guy, praise and worship corporate America). It's amazing, that despite everything we know about the causes of the meltdown, and with Moore citing FBI statistics, Hannity was completely aloof and dismissive. Regardless, seeing such denial in action is utterly perplexing and astounding, and reinforces the fact that Fox News is strenuously ardent and unrelenting in pushing its message and agenda onto their very large and loyal base of viewers.