Posts Tagged ‘William Buckley’
William F. Buckley: Prosecute Pot
on Thursday, January 19, 2023Meaning of William F. Buckley Money Quote: saying government expenditures devoted to marijuana prosecutions is excessive both in costs and social gains. William F. Buckley said:
“The amount of money and of legal energy being given to prosecute hundreds of thousands of Americans who are caught with a few ounces of marijuana in their jeans simply makes no sense – the kindest way to put it. A sterner way to put it is that it is an outrage, an imposition on basic civil liberties and on the reasonable expenditure of social energy” — William F. Buckley
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In this quote, William F. Buckley Jr. is criticizing how the legal system prosecutes individuals caught with small amounts of marijuana for personal use. He argues that it is a waste of financial and judicial resources to pursue criminal cases against the hundreds of thousands arrested each year for possessing just a few ounces.
Buckley also views it as an infringement on civil liberties and an unreasonable use of social resources that could be directed to more serious issues. His position is that prosecuting marijuana possession on this scale makes little practical or ethical sense given the minor nature of the offenses.
The quote reflects Buckley’s view that the criminalization approach to personal marijuana use in these circumstances represents an “outrage” that is overly punitive and not a prudent allocation of legal and policy priorities.
Birthday: November 24, 1925 – Death: February 27, 2008
William F. Buckley Jr: Inflation Policy
on Saturday, November 19, 2022Meaning of William F. Buckley Jr. Money Quote: saying monetary policy solutions to inflation seems to exacerbate financial problems. William F. Buckley Jr. said:
“The inflation that comes inevitably with government pump-priming soon catches up with the laborer, wipes away any real increase in his wages, discourages private investment, and sets off a new deflationary spiral which can in turn only be counteracted by more coercive and paternalistic government policies” — William F. Buckley Jr.
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William F. Buckley Jr. is warning about the negative economic cycle that can result from inflation caused by excessive government spending and intervention in the economy. The quote suggests that when the government artificially boosts demand through “pump-priming” policies like increased spending or lower interest rates, it initially leads to higher wages for laborers.
However, Buckley argues this inflation will eventually “catch up” to wages and erase any real gains as prices rise accordingly. He believes this inflation then discourages private businesses from investing due to uncertainty.
Buckley claims all of this sets in motion a deflationary spiral that can only be addressed through even more intrusive government policies and control over the economy. Overall, the message is that inflation spawned by pump-priming has unintended consequences and leads to a situation requiring ever-increasing government intervention.
Birthday: November 24, 1925 – Death: February 27, 2008
William F. Buckley, Jr: Wine Fatigue
on Thursday, December 23, 2021William F. Buckley, Jr Money Quote saying really good wine can be had for money, but it’s a lack of energy to give that wine to guests. William F. Buckley, Jr said:
“To buy very good wine nowadays requires only money. To serve it to your guests is a sign of fatigue” — William F. Buckley, Jr
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In this quote, William F. Buckley Jr. is making an observation about wine and hospitality. He suggests that while acquiring high quality wine now only demands financial resources, the act of serving that wine to guests indicates the host is weary or tired.
Buckley seems to mean that purchasing fine wine is relatively easy given one’s wealth, but thoughtfully sharing it requires more effort, attention to detail and desire to please others.
The quote reflects Buckley’s view that true hospitality involves labor and care for visitors beyond just conspicuous consumption, implying that simply buying wine does not make one a considerate host – it is how wine is presented to guests that shows quality of character.
Birthday: November 24, 1925 – Death: February 27, 2008