"Many bad policies are simply good policies..." - Quote by Thomas Sowell

“In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.”

“In a democracy, we have always had to worry about the ignorance of the uneducated. Today we have to worry about the ignorance of people with college degrees.”

“The income tax has spawned an intrusive bureaucracy, creating so much complexity and red tape that millions of ordinary citizens have to go get some accountant to fill out the forms for them - and then sign under penalty of perjury that it was done right. If you knew how to do it right, you wouldn't have to go to somebody else to have it done, would you?”

“I think that society has to be careful not to shift all of its resources to the elderly versus the young.”

“I am in favor of a national bank...in favor of the internal improvements system and a high protective tariff.”

“A heavy progressive or graduated income tax.”

“When everybody has got money they cut taxes, and when they're broke they raise them. That's statesmanship of the highest order.”

“The concentrating of powers in the same hands is precisely the definition of despotic government. It will be no alleviation that these powers will be exercised by a plurality of hands, and not by a single one.”

“Mankind, when left to themselves, are unfit for their own government.”