Ability Quote by Walter E. Williams

“It 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…” quote by Walter E. Williams — Download Open image

“It 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. Williams

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More by Walter E. Williams

Vote for me. I'll use my office to take another American's money and give it to you.

Walter E. Williams

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Elect me to office. I will protect and defend the U.S. Constitution. Because there's no constitutional authority for Congress spending on the objects of benevolence, don't expect for me to vote for prescription drugs for the elderly, handouts to farmers and food stamps for the poor. Instead, I'll fight these and other unconstitutional congressional expenditures”? I'll tell you how many…

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More important than anything else is for Americans to wise up to class warfare demagoguery and reject the politics of envy.

Walter E. Williams

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Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target… Wal-Mart exists and prospers because tens of millions of Americans find Wal-Mart to be a suitable source of goods and services… unions and anti-traders should direct their outrage and condemnation at the tens of millions of Americans who shop at…

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When the Founders thought of democracy, they saw democracy in the political sphere - a sphere strictly limited by the Constitution's well-defined and enumerated…

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Reaching into one's own pocket to assist his fellow man is noble and worthy of praise. Reaching into another person's pocket to assist one's…

Walter E. Williams

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If there's a distinct group of Americans who harbor open contempt for constitutional principles and rule of law, it's lawyers, judges and members of…

Walter E. Williams

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Conservatives and liberals are kindred spirits as far as government spending is concerned. First, let's make sure we understand what government spending is. Since government has no resources of its own, and since there's no Tooth Fairy handing Congress the funds for the programs it enacts, we are forced to recognize that government spending is no less than the confiscation…

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Students who are alien and hostile to the education process ought to be removed. You say, "What will we do with them?" I say…

Walter E. Williams

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Minimum-wage laws are one of the most powerful tools in the arsenal of racists.

Walter E. Williams

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What we call the market is really a democratic process involving millions, and in some markets billions, of people making personal decisions that express…

Walter E. Williams

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The bottom line is that the true test of one's commitment to freedom of association doesn't come when he allows people to associate in…

Walter E. Williams

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