"Barack Obama's vision of America is one..." - Quote by Thomas Sowell
Barack Obama's vision of America is one in which a President of the United States can fire the head of General Motors, tell banks how to bank, control the medical system and take charge of all sorts of other activities for which neither he nor other politicians have any expertise or experience.
More by Thomas Sowell
“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.”
“Everyone should be concerned about Internet anarchy in which anybody can pretend to be anybody else, unless something is done to stop it. If hoaxes like this go unchecked, who can believe anything they see on the Internet? What good would the Internet be then? If the people who control Internet web sites do not do anything, is that not an open invitation for government to step in? And does anybody want politicians to control what can go on the Internet?”
“You don't send people to prison on the basis of what other people imagine, or on the basis of media sound bites like 'shooting an unarmed child,' when that 'child' was beating him bloody.”
More on Government Control
“All systems are capitalist. It's just a matter of who owns and controls the capital -- ancient king, dictator, or private individual. We should properly be looking at the contrast between a free market system where individuals have the right to live like kings if they have the ability to earn that right and government control of the market system such as we find today in socialist nations.”
“We're not a socialist country, because the socialists believe in government ownership in the means of production, but the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that's the route we seem to be going.”
“The inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than almost anything outside the realm of pure science.”
More on Politics
“Is the English press honest or dishonest? At normal times it is deeply dishonest. All the papers that matter live off their advertisements, and the advertisers exercise an indirect censorship over news. Yet I do not suppose there is one paper in England that can be straightforwardly bribed with hard cash. In the France of the Third Republic all but a very few of the newspapers could notoriously be bought over the counter like so many pounds of cheese.”
“I don't want to do a TV series. It's no fun working from dawn to sunset every day. An occasional movie would be fine, and then I'll see what might develop on the political front.”
“I never, ever get involved in politics. With politics you are not allowed to be honest. I don't have time to deal with that. I would rather work with kids.”