--- title: "1 Buyers Quotes By Walter E. Williams" description: "1 Buyers quotes by Walter E. Williams. Plus more from Walter E. Williams and more Buyers sayings from other authors." image: "https://sms4smile.com/quotes/i/e55/walter-e-williams-2709_administration_one-third-of-the-15-trillion-of-mortgage_2800837.png" --- > [One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky…](https://sms4smile.com/quotes/walter-e-williams/one-third-of-the-15-trillion-of-mortgages-in-existence-in-2008-are/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) [Image](https://sms4smile.com/quotes/i/e55/walter-e-williams-2709_administration_one-third-of-the-15-trillion-of-mortgage_2800837.png) ## Other authors on Buyers - [Warren Buffett 9 quotes](https://sms4smile.com/quotes/about/buyers/warren-buffett/) ## More by Walter E. Williams > [Vote for me. I'll use my office to take another American's money and give it to you.](https://sms4smile.com/quotes/walter-e-williams/vote-for-me-i-ll-use-my-office-to-take-another-american-s-money-and/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Elect me to office. I will protect and defend the U.S. Constitution. Because there's no constitutional authority for Congress spending on the objects of…](https://sms4smile.com/quotes/walter-e-williams/elect-me-to-office-i-will-protect-and-defend-the-u-s-constitution/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [More important than anything else is for Americans to wise up to class warfare demagoguery and reject the politics of envy.](https://sms4smile.com/quotes/walter-e-williams/more-important-than-anything-else-is-for-americans-to-wise-up-to/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target… Wal-Mart exists and prospers…](https://sms4smile.com/quotes/walter-e-williams/wal-mart-has-become-the-whipping-boy-for-political-demagogues-unions/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [When the Founders thought of democracy, they saw democracy in the political sphere - a sphere strictly limited by the Constitution's well-defined and enumerated…](https://sms4smile.com/quotes/walter-e-williams/when-the-founders-thought-of-democracy-they-saw-democracy-in-the/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Reaching into one's own pocket to assist his fellow man is noble and worthy of praise. Reaching into another person's pocket to assist one's…](https://sms4smile.com/quotes/walter-e-williams/reaching-into-one-s-own-pocket-to-assist-his-fellow-man-is-noble-and/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [If there's a distinct group of Americans who harbor open contempt for constitutional principles and rule of law, it's lawyers, judges and members of…](https://sms4smile.com/quotes/walter-e-williams/if-there-s-a-distinct-group-of-americans-who-harbor-open-contempt-for/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Conservatives and liberals are kindred spirits as far as government spending is concerned. First, let's make sure we understand what government spending is. Since…](https://sms4smile.com/quotes/walter-e-williams/conservatives-and-liberals-are-kindred-spirits-as-far-as-government/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Students who are alien and hostile to the education process ought to be removed. You say, "What will we do with them?" I say…](https://sms4smile.com/quotes/walter-e-williams/students-who-are-alien-and-hostile-to-the-education-process-ought-to/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Minimum-wage laws are one of the most powerful tools in the arsenal of racists.](https://sms4smile.com/quotes/walter-e-williams/minimum-wage-laws-are-one-of-the-most-powerful-tools-in-the-arsenal/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [What we call the market is really a democratic process involving millions, and in some markets billions, of people making personal decisions that express…](https://sms4smile.com/quotes/walter-e-williams/what-we-call-the-market-is-really-a-democratic-process-involving/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [The bottom line is that the true test of one's commitment to freedom of association doesn't come when he allows people to associate in…](https://sms4smile.com/quotes/walter-e-williams/the-bottom-line-is-that-the-true-test-of-one-s-commitment-to-freedom/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [The difference between a thief and a congressman: When a thief steals your money, he doesn't expect you to thank him.](https://sms4smile.com/quotes/walter-e-williams/the-difference-between-a-thief-and-a-congressman-when-a-thief-steals/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [The global warming scare has provided a field day for politicians and others who wish to control our lives. After all, only the imagination…](https://sms4smile.com/quotes/walter-e-williams/the-global-warming-scare-has-provided-a-field-day-for-politicians-and/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [Legislators aren't known for being rocket scientists.](https://sms4smile.com/quotes/walter-e-williams/legislators-aren-t-known-for-being-rocket-scientists/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/buyers/walter-e-williams/#itemlist", "name": "1 Buyers Quotes By Walter E. Williams", "numberOfItems": 1, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky paper because they assumed that they would be guaranteed by the federal government: read bailout from the taxpayers. 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