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Quote by Bill O'Reilly

“I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.”

Quote by Bill O'Reilly

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Bill O'Reilly
Bill O'Reilly

Bill O'Reilly, born on September 10, 1949, is a renowned television host with a significant influence in the fields of news and commentary. He is best known for his role as the host of 'The O'Reilly Factor' on Fox News Channel, where he has been since 1996, and for his sharp commentary and in-depth investigative reporting. more

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“I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.”

PeopleIfsMadeSaidRunningMistakeEconomyHappenedMovementFineIndustrySmartFundamentalsFinancialAppearanceCreditCollapseFreezeViewpointsBankruptcySmart PeopleDeregulation
Author:Richard Posner
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“The Constitution has to be interpreted loosely, otherwise it becomes a straitjacket. You can't interpret it literally. You can pretend to, and go digging around in 18th Century dictionaries to figure out what 'cruel and unusual punishment' meant or what the 'right to bear arms' meant, but that is all fake really. The Constitution has to be interpreted in light of modern needs, and that's what they (the strict interpreters) end up doing in spite of all their investigations.”

NeedsEndsLightModernCenturyFiguresArmsBearsConstitutionPunishmentFakeSpiteUnusualInvestigationStrictDictionaryDiggingRight To Bear ArmsInterpreter18th CenturyCruel And Unusual Punishment
Author:Richard Posner
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