Both HUD and the Department of Justice began bringing lawsuits against mortgage bankers when a higher percentage of minority applicants than white applicants were turned down for mortgage loans. A substantial majority of both black and white mortgage loan applicants had their loans approved but a statistical difference was enough to get a bank sued.
Thomas SowellNobody would put as little thought and effort into buying an automobile as they put into deciding who to elect as President of the United States.
Thomas SowellBeing willing to donate the taxpayers' money is not the same as being willing to put your own money where your mouth is.
Thomas SowellBrainy folks were also present in Lyndon Johnson's administration, especially in the Pentagon, where Secretary of Defense Robert McNamara's brilliant 'whiz kids' tried to micro-manage the Vietnam war, with disastrous results.
Thomas SowellEveryone may be called "comrade," but some comrades have the power of life and death over other comrades.
Thomas SowellOne of the most basic and pervasive social processes is the sorting and labeling of things, activities, and people... Sorting and labeling processes involve a trade-off of costs and benefits. In general, the more finely the sorting is done, the greater the benefits - and the costs... Sorting and labeling, whether of people or of things, is a sorting and labeling of probabilities rather than of certainties.
Thomas Sowell