Neither the depth of despondency nor the height of euphoria tells you how long either will last.

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.

American society in recent years has been imitating behavior patterns that have produced negative - and sometimes catastrophic - consequences in many other countries around the world.

Intellect is not wisdom.

Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities.

As for gun control advocates, I have no hope whatever that any facts whatever will make the slightest dent in their thinking - or lack of thinking.