John Stossel:
Hernando de Soto taught me that the biggest difference may be property rights. ....I first met de Soto maybe 15 years ago.
Huh? Stossel met Hernando de Soto? Wow, he must be really really REALLY old.
Posted on 12/08/2010 4:19:34 AM PST by Kaslin
One of the better posts I ever read.
Clear, concise and hits the nail on the head.
You are welcome. The poster in post#16 doesn’t seem to get it
bkmk
I think you and I are on the same wavelength. (See my post #17)
Jesus said the poor will always be with us!!
"This sentence struck me, but I may be applying it incorrectly:Nope you are applying it exactly as it is meant. Obama and the Democrats engineered one of the greatest scams in the history of our nation and right out in the open with both Democrats and Republicans shouting amens and hosannas and cheering him on."It applies to more than just skyscrapers and factories. It applies to stock markets, which only work because of deed-like paperwork that we trust because we have the rule of law."
What came to mind was when Obama took over GM and left the share holders high and dry, and handed the company to the union. He seized property and destroyed the rule of law in one fell swoop."
This act alone is grounds for impeachment but we will never be able to go back now. And it will be so much easier the next time for the looters to do their dastardly deeds!
Yep, that is a good career path. Also, no mandatory retirement date, good job security (hard to outsource those jobs) and the occupation has favorable tax attributes, and every fringe benefit you could imagine.
It does indeed
John Stossel:
Hernando de Soto taught me that the biggest difference may be property rights. ....I first met de Soto maybe 15 years ago.
Huh? Stossel met Hernando de Soto? Wow, he must be really really REALLY old.
Add in the debate between Ferdinand Lassalle and David Ricardo over the Iron Law of Wages in the modern economic context, immigration trends that begin as a follower to perceived economic progress in a region and then smother that potential in an unrealistic human tsunami, and short-term political expediency by ruling classes that benefit from maintaining an economically stagnant underclass to the subject of the article, and you begin to see just the shadow of the huge, malicious elephant in the room...
The problem is that we are slowly letting the rule of law slip in this country. Trends contributing to this include: judicial activism, tolerating illegals, subjectively enforcing laws, or creating laws that are either incomprehensible or unforceable (to name a few). Within another 20 years, I predict we will be a country of men and not laws. The law will be whatever a Judge or Bureaucrat says it is—at that moment.
For a civilization to thrive it must have 4 things ( minimum):
1) Secure borders.
2) Honest courts and police to enforce contracts and to put criminals in prison.
3) Secure and dependable property rights.
4) A morally well-grounded and honest people with the good will to make it work.
By the way,...No one in the U.S. owns property any longer. We are instead renters to the government. If we fail to pay our property taxes, the government will evict us.
And....
A major part of all property taxes is a MASSIVE and bloated collectivist government school system that is dedicated to indoctrinating our nation's youth into worshiping godless government communism.
For a civilization to thrive it must have 4 things ( minimum):
1) Secure borders.
2) Honest courts and police to enforce contracts and to put criminals in prison.
3) Secure and dependable property rights.
4) A morally well-grounded and honest people with the good will to make it work.
By the way,...No one in the U.S. owns property any longer. We are instead renters to the government. If we fail to pay our property taxes, the government will evict us.
And....
A major part of all property taxes is a MASSIVE and bloated collectivist government school system that is dedicated to indoctrinating our nation's youth into worshiping godless government communism.
Hey, I’m a middle-income guy who lived for 25 years in a modest house with a modest wife and modest children. Why do I stay that way?
And here’s the liberal’s strategy: you can’t take the people out of wealth until you take the wealth out of people.
Please read post #34.
You know, I do think the poster does get it, but is also pointing out something important - that even in the U. S., property is only yours for as long as you can keep the taxman at bay. I think most people were fine with paying taxes when it got them something they wanted: fire protection, education for their children, highway/road maintenance or construction, police protection. Now that taxes are used as wealth transference from those who work/own property to those who think they are owed a living, resentment is building. It’s ludicrous that property owners could lose their property because they can’t afford to pay the taxes to support the deadbeats of society.
You stay that way because it is good. In most of the world you cannot GET that way. In our neighbor to the south, quaint and colorful Mexico, no one actually knows who owns anything 100% legally.
Within another 20 years, I predict we will be a country of men and not laws. The law will be whatever a Judge or Bureaucrat says it is—at that moment.
it’s already here.
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