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Some quotes about the financial crisis

"It is not the function of our government to keep the citizen from falling into error; it is the function of the citizen to keep the government from falling into error."—Robert H. Jackson, U.S. Supreme Court Justice as quoted in Carl Sagan, The Demon-Haunted World (Ballantine Books: 1995), p. 422.

"More Americans now declare bankruptcy each year than graduate from college."—Richard Evans, The 5 Lessons a Millionaire Taught Me (2006), p. 6

A market economy allows accurate knowledge to be effective in influencing decision-making, even if 99 percent of the population do not have that knowledge. In politics, however, the 99 percent who do not understand can create immediate political success for elected officials and politics that will turn out in the end to be harmful to society as a whole.—Thomas Sowell, Basic Economics (3rd Edition, Basic Books, 2007), p. 318.

-- not from gavin

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