"Congressman Frank and Senator Dodd wanted the government……" — Thomas Sowell

"Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously."

Thomas Sowell

361 Quotes by Thomas Sowell

Thomas Sowell has 361 quotes on this site. A few more worth reading:

See all 361 quotes by Thomas Sowell »

More Absurd Quotes

This quote is filed under Absurd Quotes, one of 832 quotes in that category. Here are a few more:

See all 832 Absurd Quotes »