Arthur F. Burns was the Federal Reserve chair appointed by Richard Nixon. He was supposed to be one of the “good guys.” As it turns out, his actions did not line up with his “goodness.”
Burn’s story is illustrative. It reminds us that we can’t rely on “good people” to protect our liberties. The problem isn’t the people. It’s the sources of power we offer them.
For Further Reading
How the Fed Wrecks the Economy
Status Report: Sound Money in the States
The Dangers of Consolidation: Antifederalist Brutus No. 1
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
Latest posts by Mike Maharrey (see all)
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