Thomas Sowell Quotes About Security
-
No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.
→ -
Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.
→ -
The biggest hypocrites on gun control are those who live in upscale developments with armed security guards - and who want to keep other people from having guns to defend themselves. But what about lower-income people living in high-crime, inner city neighborhoods? Should such people be kept unarmed and helpless, so that limousine liberals can 'make a statement' by adding to the thousands of gun laws already on the books?
→
Related Authors
-
Victor Davis Hanson Historian -
Adam Smith Philosopher -
George Stigler Economist -
Ann Coulter Commentator -
Murray Rothbard Economist -
Friedrich August von Hayek Economist -
Charles Krauthammer Columnist -
Dennis Prager Radio host -
Jonah Goldberg Author -
Walter E. Williams Economist -
Henry Hazlitt Journalist -
Milton Friedman Economist -
Ben Shapiro Commentator -
Ludwig von Mises Philosopher -
Frederic Bastiat Economist -
Michelle Malkin Blogger -
Larry Elder Television Actor -
Ayn Rand Novelist