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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
walter e. williams Quotes Foreclosure,Example,Crunch

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Walter E. Williams
Foreclosure
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Credit
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Credit Crunch

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One of my younger homies, he went to jail, and some people came to me and were like, "Bail him out," and I said no. Why would I bail him out? He's going to prison. Let him sit and get some time served. You want to be crazy, but you don't want to go to jail. You want to shoot people, but you don't want to kill people. That's such a misleading thing.

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