The government has brought on the housing problem, partly by these very low interest rates, which encouraged many people to go way out on a limb. They've brought it on by highly restrictive building policies, which have caused housing prices to skyrocket artificially. And they've brought it on by the Community Reinvestment Act, which presumes that politicians are better able to tell investors where to put their money than the investors themselves are. When you put all that together, you get something like what you have.
Thomas SowellThere is no talent so ardently supported, nor generously rewarded, as the ability to convince parasites they are victims.
Thomas SowellIf you are not prepared to use force to defend civilization, then be prepared to accept barbarism.
Thomas SowellWe know - or should know - what lies at the end of the road of racial polarization. A 'race card' is not something to play, because race is a very dangerous political plaything.
Thomas SowellThe real problem, both in discussions of mass shootings and in discussions of gun control, is that too many people are too committed to a vision to allow mere facts to interfere with their beliefs, and the sense of superiority that those beliefs give them.
Thomas SowellFailure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.
Thomas SowellOnce you buy the argument that some segment of the citizenry should lose their rights, just because they are envied or resented, you are putting your own rights in jeopardy - quite aside from undermining any moral basis for respecting anybody's rights. You are opening the floodgates to arbitrary power. And once you open the floodgates, you can't tell the water where to go.
Thomas Sowell