Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.

Because many of us make mistakes that can have bad consequences, some intellectuals believe that it is the role of government to intervene and make some of our decisions for us. From what galaxy government is going to hire creatures who do not make mistakes is a question they leave unanswered.

It takes considerable knowledge just to realize the extent of your own ignorance.

Government central planning means over-riding other people's plans.

How long do politicians have to keep on promising heaven and delivering hell before people catch on and stop getting swept away by rhetoric?

The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy.

The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.