Quote of the Day

Quote of the Day

Please remind your readers that the reason that so many Americans mistrust and dislike the “elite” is that the best financial minds that the Ivy League could turn out created the subprime and securitization of mortgages mess.

The best and brightest political minds [from] those same universities created Fannie and Freddie.

Either these people aren’t nearly as smart as they tell us they are, or success requires more than an expensive education.

– Reader Kevin Burns in a comment at Instapundit

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