Walter Williams: Scaring us to death

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There is a H.L. Mencken quotation that captures the essence of this year’s politics: “The whole aim of practical politics is to keep the populace alarmed, and hence clamorous to be led to safety, by menacing it with an endless series of hobgoblins, all of them imaginary.”

Walter Williams: Presidents and economies

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Here’s what the U.S. Constitution says: “All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.”

Walter Williams: Is college worth it?

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As parents pack their youngsters off to college, they might ask themselves whether it’s worth both the money they will spend and their children’s time. Dr. Marty Nemko has researched that question in an article aptly titled “America’s Most Over-rated Product: Higher Education (www.martynemko.com/articles/americas-most-overrated-product-higher-education_id1539).”

Walter Williams: Economic myths

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By taking a couple of courses in economic theory, we could immunize ourselves from nonsense spouted by politicians and pundits, but in the meantime check out Professor John R. Lott’s “Freedomnomics: Why the Free Market Works.”

Walter Williams: Patterns of black excellence

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Most people know the tragic state of black education today. We know that billions of dollars are spent on federal government programs such as No Child Left Behind and the billions spent by state and local governments. If you were to ask an education “expert” to explain the tragedy, you’d get answers such as racial discrimination and underfunding.

Walter Williams: A nation of thieves

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Edgar K. Browning, professor of economics at Texas A&M University, has a new book aptly titled “Stealing from Each Other.” Its subtitle, “How the Welfare State Robs Americans of Money and Spirit,” goes to the heart of what the book is about.

Walter Williams: Environmentalists’ hold on Congress

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Let’s face it. The average individual American has little or no clout with Congress and can be safely ignored. But it’s a different story with groups such as Environmental Defense Fund, Sierra Club and The Nature Conservancy. When they speak, Congress listens.

Walter Williams: Black education

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“Hard Times at Douglass High,” is an HBO documentary that aired last June. It captured much of the 2004-2005 school year at Baltimore’s predominantly black Frederick Douglass High School. The tragedy is that what is seen in the documentary is typical of most predominantly black urban schools.

Walter Williams: Oklahoma rebellion

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One of the unappreciated casualties of the War of 1861, erroneously called a Civil War, was its contribution to the erosion of constitutional guarantees of state sovereignty.

Walter Williams: Scapegoating speculators

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Despite Congress’ periodic hauling of weak-kneed oil executives before their committees to charge them with collusion and price-gouging, subsequent federal investigations turn up no evidence to support the charges. Right now oil company executives are getting a bit of a respite as Congress has turned its attention to crude oil speculators, blaming them for high oil prices and calling for tighter control over commodity futures trading.

Walter Williams: Problem of ignorance

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I have no idea of the number of traffic signals in our country, but whatever the number, how many of my fellow Americans would like the U.S. Congress to be in charge of their operation?

Walter Williams: Airport tyranny

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It’s been at least five years since I’ve flown commercial, and for good reason: I don’t wish to be arrested for questioning actions by often arrogant, rude Transportation Security Administration (TSA) workers.

Walter Williams: Are Americans pro-slavery?

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Let’s do a thought experiment asking whether Americans are for or against slavery.

You might say, “What are you talking about, Williams? We fought a war that cost over 600,000 lives to end slavery!”

Walter Williams: Dumb Or ill-informed

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What assumptions do congressmen make about the American people? Do they assume that we’re dumb or ill-informed about the energy problems we are experiencing?

Walter Williams: Futures markets

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In searching for villains for rising food and oil prices, some commentators have turned to speculators, namely people trading on the Chicago Mercantile Exchange and similar exchanges around the world.

Walter Williams: Congressional problem creation

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Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.

Walter Williams: Let’s examine previous environmental alarms

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Now that another Earth Day has come and gone, let’s look at some environmentalist predictions that they would prefer we forget.

Walter Williams: Cigarette smuggling

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While it’s politically popular to impose confiscatory taxes on America’s 40 million tobacco smokers, there are a number of consequences one might consider, but let’s start out with a quiz. If a carton of cigarettes sells for $160 in New York City, and $35 in North Carolina, what do you predict will happen? If you answered tons of cigarettes will be going up I-95 from North Carolina to New York City, go to the head of the class.

Walter Williams: Politics and black Americans

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Dr. Thomas Sowell’s recent column, “Republicans and Blacks,” (April 10, 2008) pointed out the foolhardiness of Republican strategy to secure more black votes. He pointed out that it is a losing strategy to reach blacks through the civil rights organizations and black politicians. It’s like a quarterback trying to throw a pass to a receiver surrounded by a bunch of defenders.

Walter Williams: Foreign trade angst

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Presidential candidates Hillary Clinton and Barack Obama, pandering to anti-trade activists, suggest that should they become president, they will restrict trade agreements. Before you buy into their promised paradise, there are a few trade questions you might consider.

Walter Williams: Upholding the Constitution

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Do any of the prospective nominees of either party deserve respect from the American people? The answer partially depends on your knowledge, values and respect for the U.S Constitution.

Walter Williams: The poverty hype

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The psychology of victimhood and the politics of envy are powerful political tools and we see them being exploited this political season.

Walter Williams: Is Obama ready for America?

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Some pundits ask whether America is ready for Obama. The much more important question is whether Obama is ready for America, and even more important is whether black people can afford Obama. Let’s look at it in the context of a historical tidbit.

Walter Williams: Peace-loving Muslims

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All of us should give some serious thought to some of the ideas contained in an article circulating the blogsphere titled “Why a Peaceful Majority is Irrelevant.”

Walter Williams: Big corn and ethanol hoax

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One of the many mandates of the Energy Policy Act of 2005 calls for oil companies to increase the amount of ethanol mixed with gasoline. President Bush said, during his 2006 State of the Union address, “America is addicted to oil, which is often imported from unstable parts of the world.” Let’s look at some of the “wonders” of ethanol as a replacement for gasoline.

Walter Williams: Costs vs. Benefits

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If we look to benefits only, we'll do darn near anything because there's always a benefit. The National Highway Traffic Safety Administration reported that there were 43,443 highway fatalities in 2005. If we had a maximum speed law of 15 mph, the death toll wouldn't be nearly as high, probably not even as high as 500. You say, "Williams, that's a crazy idea!" You're right, but let's not call it crazy; it's more accurate to say: saving some 43,000 lives aren't worth the cost and inconvenience of a 15 mph speed limit.

Walter Williams: They’re coming after you

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My February 2002 column, “They’re Coming After You,” warned that Americans who enthusiastically supported the anti-tobacco zealots’ attack on smokers were, like decent Germans did during the 1920s and ‘30s, building the Trojan Horse that would one day enable a tyrant to take over.

Walter Williams: Subprime bailout

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A subprime lender is one who makes loans to borrowers who do not qualify for loans from mainstream lenders. It’s a market that has evolved to permit borrowers with poor credit history and an unstable financial situation the opportunity to get home mortgages.

Walter Williams: Black colleges

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The Lincoln Review, a Washington-based black think tank, published an article titled “What Does the Future Hold for Historically Black Colleges?” in its September/October 2007 edition. It recalled the experiences of Bill Maxwell, a St. Petersburg Times columnist and editorial board member, when in 2004 he took a huge pay cut to teach journalism at Stillman College in Tuscaloosa, Ala.

Walter Williams: Academic slums

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Every three years, the Organisation for Economic Co-operation and Development (OECD) conducts its Programme for International Student Assessment (PISA). PISA is a set of tests that measure 15-year-olds’ performance in mathematics, science and reading.

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