"Africa does not have an uncle abroad who will come to bail it out of its political and economic woes. It is important that African countries wake up and pool whatever resources they have and jointly deal elements pulling our continent down a death blow."

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Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.

— Walter E. Williams