“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

Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savin…" by Thomas Sowell?
Thomas Sowell photo
Thomas Sowell101
American economist, social theorist, political philosopher … 1930

Related quotes

David Dinkins photo

“So it's a mistake for someone to think that they bailed New York out. They did assist us, for which we are grateful, but it's a mistake to say we bailed New York out by giving them a grant of money to help those poor people who throw it away on welfare.”

David Dinkins (1927) former mayor of New York City

On New York as the capital of the world. Quoted in an interview by PBS http://www.pbs.org/wnet/newyork/series/interview/dinkins.html

Jimmy Hoffa photo

“Sure, we loaned money to build hotels and casinos in Las Vegas. So what? Las Vegas borrowers were good customers.”

Jimmy Hoffa (1913–1982) American labor leader

Source: Hoffa The Real Story (1975), Chapter 7, Gangsters and the "Irish Mafia", p. 119

“I'm a substitute mom."
"You're more like a crazy aunt who only gets called when somebody needs bailing out of jail.”

Ilona Andrews American husband-and-wife novelist duo

Source: Magic Burns

Bernie Sanders photo

“I am going to make a prediction. The major opponents of our legislation to cancel $1.6 trillion in student debt—mark my words—will be the exact same people who said we had to bail out Wall Street to the tune of billions upon billions of dollars.”

Bernie Sanders (1941) American politician, senator for Vermont

Twitter Post https://twitter.com/SenSanders, (24 June 2019) <br class="br">2010s, 2019, June 2019

Bill Bailey photo

“"God save our gracious Queen": Why would we invoke a non-specific deity to bail out these unelected spongers? [Audience wildly applauds]”

Bill Bailey (1965) English comedian, musician, actor, TV and radio presenter and author

Part Troll (2004)

Jim Rogers photo

“If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich.”

Jim Rogers (1942) American writer

CNBC Squawk Box Europe http://www.cnbc.com/id/23588079/site/14081545

Lil Wayne photo

“Out on bail work on the scale, put some change on your head, boy you on sale”

Lil Wayne (1982) American rapper, singer, record executive and businessman

Tunechi's back
Official Mix tapes, Sorry 4 the Wait (2011)

Charles Barron photo

“Mouthpiece for a racist, imperialistic American foreign policy controlled by generals and corporate elites. Black people did not vote for Barack Obama for him to bomb an African country, Libya. They elected him to stand up like a man against the forces of imperialism. They voted for him to bail out Harlem, where there is 50 percent Black male unemployment, like they bailed out Wall Street.”

Charles Barron (1950) American politician

On Obama. http://blogs.villagevoice.com/runninscared/2011/04/obama_a_mouthpi.php

Bernie Sanders photo

“Yes, I do believe that now after the American people bailed Wall Street out, yes, they should pay a Wall Street speculation tax so that we can make public colleges and universities tuition-free.”

Bernie Sanders (1941) American politician, senator for Vermont

2010s, 2016, Democratic Presidential Debate in Milwaukee, Wisconsin (11 February 2016)

Karunanidhi photo

“She is out on bail after spending six months in jail. If everyone is united in their heartfelt welcome, everyone will be happy.”

Karunanidhi (1924–2018) Indian politician who has served as Chief Minister of Tamil Nadu, India on five separate occasions

About his daughter and party MP Kanimozhi I am extremely happy, says Karunanidhi http://www.thehindu.com/news/national/article2668360.ece

Related topics