Woodrow Wilson was an especially devoted white supremacist, even by the standard of his day. The Left is finally targeting Wilson for this, but Wilson's legacy is far worse than even the Left will admit.

It's a good thing when politicians recognize that there are people out there who are less fortunate than the political class. But this empathy only does anyone any good if policymakers refrain from socialistic government schemes that make poverty worse.

There are some reasons to be optimistic about the future of free market money. On the other hand, the world's governments will fight true currency competition every step of the way.