Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.

The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.

The most politically painless way to hand out goodies, without taking responsibility for their costs, is to pass a law saying that somebody else must provide those goodies at their expense, while the politicians take credit for generosity and compassion.

People used to complain about 'the idle rich.' But the idle rich did not do the kind of harm being done by today's busybody rich, who feed their own egos by bankrolling political crusades on the left which hurt the very people that the left claims to care about -- working people, minorities, and children.

Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.

If politicians were serious about day care for children, instead of just sloganizing about it, nothing they could do would improve the quality of child care more than by lifting the heavy burden of taxation that forces so many families to have both parents working.

The promotion of "self-esteem" in our schools has been so successful that people feel free to spout off about all sorts of things - and see no reason why their opinions should not be taken as seriously as the views of people who actually know what they are talking about.