The Administration is on the wrong side of a lot of things like Property Rights and Cato is a good group to call them on it.
But I don't see a substantial connection between Ownership Society and Property Rights - I see it as a rhetorical hook being employed in this piece.
If Ownership does not entail property rights, then its not Ownership, its doublespeak.
...We have to be smart to forestall socialism...
Yeah, smart enough to build a time machine.