Legality alone is no guide for a moral people. There are many things in this world that have been, or are, legal but clearly immoral. Slavery was legal. Did that make it moral? South Africaโs apartheid, Nazi persecution of Jews, and Stalinist and Maoist purges were all legal, but did that make them moral?
Walter E. WilliamsIncreases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Walter E. WilliamsLegality alone is no guide for a moral people. There are many things in this world that have been, or are, legal but clearly immoral. Slavery was legal. Did that make it moral? South Africaโs apartheid, Nazi persecution of Jews, and Stalinist and Maoist purges were all legal, but did that make them moral?
Walter E. WilliamsIt is not wise for us to permit a few people on the Federal Reserve Board to have life and death power over our economy. My recommendation for reducing some of that power is to repeal legal tender laws and eliminate all taxes on gold, silver and platinum transactions. That way there would be money substitutes and the government money monopoly would be reduced and hence the ability to tax - some people would say steal from - us through inflation.
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. WilliamsPhilosopher Bertrand Russell suggested that 'Men are born ignorant, not stupid. They are made stupid by education.' And, it was Albert Einstein who explained, 'Insanity: doing the same thing over and over again and expecting different results.' So which is it - stupidity, ignorance or insanity - that explains the behavior of my fellow Americans who call for greater government involvement in our lives?
Walter E. Williams