https://pjmedia.com/richardfernandez/2008/09/27/after-the-house-burns/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usSat, 13 Jun 2026 01:27:52 -0400<![CDATA[Here&#8217;s a link to the famous YouTube video &#8220;Burning Down the House&#8221;, which traces (at least some of) the roots of the current financial crisis to the mass production of bad mortgages.  Personally I think there&#8217;s enough political blame to go around both sides of the aisle, though I generally agree with the video&#8217;s assertion that one the causes of the the flood of toxic paper was these poorly secured loans which turned around and bit their supposed beneficiaries. But here are several issues that it doesn&#8217;t address:]]>Sat, 27 Sep 2008 13:54:21 -0400<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2008/09/27/after-the-house-burns-n186159