Borrowers Quotes - Page 3

• 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

  Government, Credit, Debt

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• Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.

  Peter R. Orszag

  Lasts, Treasury, Borrowing

  "The Situation Room" with Wolf Blitzer, www.realclearpolitics.com. November 12, 2009.

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• The rich is the one that rules over those of little means, and the borrower is servant to the man doing the lending.

  Salomón

  Mean, Men, Littles

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