https://pjmedia.com/vodkapundit/2011/08/31/pivoting-like-a-laser/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-usWed, 10 Jun 2026 01:41:56 -0400<![CDATA[Remember that financial crisis? You know, the one that built up under Clinton and Bush 43 thanks to a rent-seeking Fannie Mae and a race-baiting ACORN? The one that nearly brought down the entire banking system? The banking system that had been complicit in selling trick mortgages to unqualified homebuyers who couldn&#8217;t even have afforded decent mortgages? And how the contagion spread to Wall Street as the crappy loans were bundled up with safe ones in risky credit-default swaps which the ratings agencies graded AAA so they could be sold off to unwitting investors?]]>Wed, 31 Aug 2011 08:10:12 -0400<![CDATA[Stephen Green]]>https://pjmedia.com/vodkapundit/2011/08/31/pivoting-like-a-laser-n238032