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Thomas Sowell Quotes: Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.
         

Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.


Thomas Sowell
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Other quotes of Thomas Sowell


It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.



When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.



Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'

Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'



It takes considerable knowledge just to realize the extent of your own ignorance.

It takes considerable knowledge just to realize the extent of your own ignorance.



Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.

Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.



The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.

The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.



Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.

Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.



I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.

I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.



Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.



The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.





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One thing is clear to me: we, as human beings, must be willing to accept people who are different from ourselves.

One thing is clear to me: we, as human beings, must be willing to accept people who are different from ourselves.



Many can argue not many converse.

Many can argue not many converse.



I was born in the Bronx, and then my father moved us to the country at an early age.

I was born in the Bronx, and then my father moved us to the country at an early age.



People create their own questions because they are afraid to look straight. All you have to do is look straight and see the road, and when you see it, don't sit looking at it - walk.

People create their own questions because they are afraid to look straight. All you have to do is look straight and see the road, and when you see it, don't sit looking at it - walk.



A lot of American companies are now moving into Iraq. Iraq now has Pizza Hut, Subway, Taco Bell and Popeye's fried chicken. So, great, instead of oil for food, we're giving them oil in food.

A lot of American companies are now moving into Iraq. Iraq now has Pizza Hut, Subway, Taco Bell and Popeye's fried chicken. So, great, instead of oil for food, we're giving them oil in food.



...What does the blessing of heaven mean? We know the kirin is just an animal, not a mythical creature." It has become a symbol now.... That is the way human beings deal with the world.

...What does the blessing of heaven mean? We know the kirin is just an animal, not a mythical creature." It has become a symbol now.... That is the way human beings deal with the world.



I know for sure that's what we're here to do: Keep the joy thing going for all seasons.

I know for sure that's what we're here to do: Keep the joy thing going for all seasons.



Ideas are easy to come by; reduction to practice is an arduous but inspirationally rewarding matter.

Ideas are easy to come by; reduction to practice is an arduous but inspirationally rewarding matter.



I didn't invent the middle finger, but I perfected the use of it.

I didn't invent the middle finger, but I perfected the use of it.




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This page presents the quote "Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.". Author of this quote is Thomas Sowell. This quote is about saving, casinos, life, savings, people, lost, bailing out, ill, made,.