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The founders of our nation feared paper currency because it gave government the means to steal from its citizens.

Walter E. Williams

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Walter E. Williams
Age: 84 †
Born: 1936
Born: March 31
Died: 2020
Died: December 1
Columnist
Economist
Journalist
Radio Personality
University Teacher
Philadelphia
Pennsylvania
Walter Williams
Walter Edward Williams
Mean
Stealing
Gave
Citizens
Paper
Nation
Feared
Nations
Founders
Means
Steal
Government
Currency

More quotes by Walter E. Williams

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Government income redistribution programs produce the same result as theft. In fact, that's what a thief does he redistributes income. The difference between government and thievery is mostly a matter of legality.
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The idea that even the brightest person or group of bright people, much less the U.S. Congress, can wisely manage an economy has to be the height of arrogance and conceit.
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In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.
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Politicians exploit economic illiteracy.
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Wealth comes from successful individual efforts to please one's fellow man ... that's what competition is all about: outpleasing your competitors to win over the consumers.
Walter E. Williams
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If our country is to survive and prosper, we must summon the courage to condemn and reject the liberal agenda, and we had better do it soon.
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The message coming out of Washington, especially from our leftist politicians and the news media, is that we solve our budget problems by raising taxes on the rich. If Americans were more informed, such a message would be insulting to our intelligence. There are not enough rich people to satisfy Congress' appetite.
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Once Congress establishes that one person can live at the expense of another, it pays for everyone to try to do so.
Walter E. Williams
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If the Constitution framers would come back today, they would have contempt for most of us.
Walter E. Williams
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The prospects are dim for a society that makes mascots out of the unproductive and condemns the productive.
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Thou shalt not steal unless thou hast a majority vote in Congress.... I'm healthy subsidized prescription drugs won't do me much good. I'd be willing to forego my prescription drugs if Congress would force some young American to mow my lawn.
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A caged canary is safe but not free.
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The global warming scare has provided a field day for politicians and others who wish to control our lives. After all, only the imagination limits the kind of laws and restrictions that can be written in the name of saving the planet.
Walter E. Williams
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Multiculturalists argue that different cultural values are morally equivalent. That's nonsense.
Walter E. Williams
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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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Profit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Walter E. Williams
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If you hate my guts and have designs to hurt me, and I see you building a cannon aimed at my house, I am not going to wait for you to finish construction.
Walter E. Williams
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In 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.
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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 powers given the federal government. Substituting democratic decision making for what should be private decision making is nothing less than tyranny dressed up.
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There are people in need of help. Charity is one of the nobler human motivations. The act of reaching into one's own pockets to help a fellow man in need is praiseworthy and laudable. Reaching into someone else's pocket is despicable and worthy of condemnation.
Walter E. Williams