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 SowellIt’s amazing how much panic one honest man can spread among a multitude of hypocrites.
Thomas SowellOne of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them.
Thomas SowellThe economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.
Thomas SowellSomeone once defined a social problem as a situation in which the real world differs from the theories of intellectuals. To the intelligentsia, it follows, as the night follows the day, that it is the real world that is wrong and which needs to change.
Thomas Sowell