For the multiculturist/diversity crowd, culture, ideas, customs, arts and skills are a matter of racial membership where one has no more control over his culture than his race. That's a racist idea, but it's politically correct racism. It says that one's convictions, character and values are not determined by personal judgment and choices but genetically determined. In other words, as yesteryear's racists held: race determines identity.
Walter E. WilliamsOne third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky paper because they assumed that they would be guaranteed by the federal government: read bailout from the taxpayers. Today's housing mess can be laid directly at the feet of Congress and the White House.
Walter E. WilliamsAccording to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family.
Walter E. WilliamsIn general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.
Walter E. WilliamsWhenever there's a tragedy involving gun use, Bill Clinton, Al Gore, the gun-control lobby and the news media seize it as another opportunity to exploit the emotions of uninformed American people for political gain.
Walter E. WilliamsGovernment schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.
Walter E. WilliamsFor the multiculturist/diversity crowd, culture, ideas, customs, arts and skills are a matter of racial membership where one has no more control over his culture than his race. That's a racist idea, but it's politically correct racism. It says that one's convictions, character and values are not determined by personal judgment and choices but genetically determined. In other words, as yesteryear's racists held: race determines identity.
Walter E. Williams