Bailouts Quote by Thomas Sowell Download Open image “Government bailouts are like potato chips: You can't stop with just one.” — Thomas Sowell ★ ★ ★ ★ ★ 2.9 out of 5 (4 ratings) Copy quoteShare Bailouts Chips Government Just one Politics Potato Chip Potato chips Potatoes
If you think about those bailouts that happened in 2008, that was a situation in which the government gave, at our expense, enormous sums… — Angus Deaton Copy Share Image
“That being said, it may be that opponents of bailouts are not worried about public officials' behavior at all. Perhaps the strategic behavior that… — Richard Schragger Copy Share Image
Bailouts may have been more tolerable in the early 1990s when they were rare and their use for a failing bank was uncertain. That… — Jerome Powell Copy Share Image
As Americans, we shouldn't like bailouts. Where I come from, if someone takes a risk and they're going to make the profit from that… — Henry Paulson Copy Share Image
In the real world, banks hang onto their money for fear of making bad loans, no matter how many bailouts or stimulus packages Washington… — Dick Morris Copy Share Image
We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt. — Jill Stein Copy Share Image
The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation's housing bust, Fannie Mae and Freddie Mac,… — Charles Duhigg Copy Share Image
“Myth: Bail-in plans would recapitalize big banks. Fact: big banks are far too insolvent to remotely be in a position for such restoration.” — Ziad K. Abdelnour Copy Share Image
I think the bailouts in 2008 were wrong. And I think, you look in hindsight, it was a lot of misinformation that was presented… — Steve Bannon Copy Share Image
We don't need subsidized corporate welfare schemes that rely on endless bailouts from the taxpayer. — Pierre Poilievre Copy Share Image
The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white… — Thomas Sowell Copy Share Image
There is no bigger waste of time than doing 90% of what is necessary. — Thomas Sowell Copy Share Image
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten… — Thomas Sowell Copy Share Image
“In 1962, Democratic President John F. Kennedy, like both Democratic and Republican Presidents and Secretaries of the Treasury in earlier years, pointed out that “it… — Thomas Sowell Copy Share Image
Ideological bigotry has become the norm on even our most prestigious campuses, where students can go for years without reading or hearing anything that… — Thomas Sowell Copy Share Image
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 Copy Share Image
“One third of all Scots in the mid-nineteenth century moved from one county to another” — Thomas Sowell Copy Share Image
The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that… — Thomas Sowell Copy Share Image
“Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit… — Thomas Sowell Copy Share Image
The greatest danger to the liberal vision are facts about the consequences of liberalism itself and the laws, policies, and ways of life that… — Thomas Sowell Copy Share Image
Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it, politicians have now moved on into micro-managing automobile companies and medical care. They are not going to stop unless they get stopped. And that is not going to happen until the voters recognize the fact that… — Thomas Sowell Copy Share
Do all children have some inherent right to live in America if they have done nothing wrong? If not, then why should the children… — Thomas Sowell Copy Share Image
Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive… — Llewellyn Rockwell Copy Share Image
The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially… — Nouriel Roubini Copy Share Image
I dont know of one group of people thats more disliked than politicians -- it may be the folks who gave us the Wall… — Rick Santorum Copy Share Image
Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just… — Thomas Sowell Copy Share
I do know that all of the Michigan delegation worked very hard as related to the revival of the auto industry. There was really a choice between bankruptcy and liquidation. There was no one that was willing to come up not only with the cash to keep them afloat but also to serve the warranties of everyone, you and I… — Fred Upton Copy Share
If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won't go overnight, but its demise will be virtually guaranteed. Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course - the suicidal course of declining market… — Mitt Romney Copy Share
The government - the ultimate short-term-oriented player - cannot withstand much pain in the economy or the financial markets. Bailouts and rescues are likely to occur, though not with sufficient predictability for investors to comfortably take advantage. The government will take enormous risks in such interventions, especially if the expenses can be conveniently deferred to the future. Some of the… — Seth Klarman Copy Share
At some point the Japanese, Chinese and Saudi buyers of US and European Government bonds will see just what miserable value they offer. Then… — Luke Johnson Copy Share Image
Anyone believing the TPP is good for Americans take note: The foreign subsidiaries of U.S.-based corporations could just as easily challenge any U.S. government regulation they claim unfairly diminishes their profits - say, a regulation protecting American consumers from unsafe products or unhealthy foods, investors from fraudulent securities or predatory lending, workers from unsafe working conditions, taxpayers from another bailout… — Robert Reich Copy Share
We should not be borrowing money from the Chinese to bail out the Greeks. What's coming next? Intergalactic bailouts? — Jeb Hensarling Copy Share Image
