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.
Thomas SowellWhen your response to everything that is wrong with the world is to say, 'there ought to be a law,' you are saying that you hold freedom very cheap.
Thomas SowellAlthough I am ready to defend what I have said, many people expect me to defend what others have attributed to me.
Thomas SowellIt is amazing how many people think that they can answer an argument by attributing bad motives to those who disagree with them. Using this kind of reasoning, you can believe or not believe anything about anything, without having to bother to deal with facts or logic.
Thomas Sowell