War and Foreign Policy

Displaying 1861 - 1870 of 2329
Thomas E. Woods, Jr.

Reconstruction is the readmission of the Southern states to the Union. Lincoln decided that ten percent of the eligible voters in 1860 had to take an oath of loyalty to the Union.  Andrew Johnson, after Lincoln, added that wealthy Southern Planters had to beg for pardons. The Southern states were militarily occupied.

Thomas E. Woods, Jr.

But as long as people can be led to believe that running the printing press and issuing fiduciary media can substitute for saving and capital accumulation as a way to achieve prosperity and create wealth — or, yes, prosecute a war — government will continue to get away with this particularly insidious and underhanded form of expropriation.