Thomas Sowell Quotes:
Ocupation: Economist
Life: b. June 30, 1930
Birthday: June 30
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.
source: "Bailout Politics" by Thomas Sowell, www.realclearpolitics.com. September 30, 2008. 
topic: Government, Should Have, Careers, Financial Institutions, Assessing
