The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation.

People should not be able to vote to take away the rights of others.

When the goal of political action is no longer the defense of liberty, no word other than demagoguery can describe the despicable nature of politics.

The constant refrain that bringing our troops home would demonstrate a lack of support for them must be one of the most amazing distortions ever foisted on the American public.

Suicide terrorism stops when we stop intervening abroad.

I miss the closet. Homosexuals, not to speak of the rest of society, were far better off when social pressure forced them to hide their activities.

We should have a strong president. Strong enough to resist the temptation of taking power that a president shouldn't have.