Property Rights Equal Economic Prosperity

IPRI ^ | Kelsey Zahourek

[nateriver]

In his book, The Audacity of Hope, President Obama writes “Our constitution places the ownership of private property at the very heart of our system of liberty. According to Obama adviser Doug Kmiec, President Obama would appoint Supreme Court justices “in the mold of Justices Stephen Bryer and David Souter”. Bryer and Souter have voted against every property rights case for the last 20 years.

In a recent study, data shows that countries that protect the physical and intellectual property of their people enjoy nearly nine times higher GDP per capita than countries ranking lowest in property rights protections. The study, the 2009 International Property Rights Index (IPRI), compared the protections of physical and intellectual property to economic stability in 115 countries representing 96 per cent of the world’s GDP.

How long will we keep our ranking of 15th under President Obama’s share the wealth socialism?

[txnativegop]

Leftist don’t believe in private property. It is counter to the common welfare. What drivel . . .

[jedi150]

You never can own it anyway. Banks own the land if you owe them a mortgage and if not then Property taxes you have to pay. See what happens if you don't! And not to forget imminent domain Laws that the Kangaroo Supremes in their utmost wisdom shoved up your @$$