Discussion in 'Economy' started by Kevin_Kennedy, Jun 13, 2009.
Property Rights Take a Hit by Peter Schiff
Schiff's rightist Anglo-Saxon capitalism fits the term most aptly, since the lack of governmental input thus exacerbates the lack of democratic input. But perhaps it's for the best, as laissez-faire policies will ultimately destabilize capitalism, thus making free marketers the best friends of socialists.
Just one more step down th road to total government control, and property rights were one of the things our Constitution protected.
The simple truth is that the government has no Constitutional right to void private contracts and this is exactly what has been done, again.
That the government will negate the traditional and legal rights of creditors and bond holders in a legal bankruptcy proceeding even though it has not one iota of legal authority to do so is a blatant misuse of power and a very disturbing if not frightening trend.
We have no real rights anyway. Since EVERY supposed private piece of property has a yearly tax on it now. You don't really own it. The Government owns it and lets you use it as long as you pay those taxes. Taxes you have no control over. They raise them when ever they want with absolutely no INPUT from the people that own the land.
The Government does have the right to establish Bankruptcy laws and to enforce them. So long as what they are doing is within the frame work of existing laws, the Government does have the power.
Though in these cases the appearance and reality is the Government has a vested interest in and is manipulating the Courts and the outcomes.
I don't know where you're seeing that, but here where I own property, you have the right to appeal any change in your property tax. And the appeals usually win.
Only if YOU pay to have an appraisal and do all the leg work and any required pictures or other documents.
My first loves Parents lived on a ranch/farm. The land was rocky and broken ground, they had a few small valleys they could grow hay and grass in and ran cattle.
His land was located NEAR Wheat farm land and the County increased the entire area by about 400 percent on taxes one year. He was ignored when he pointed out his land was scrub and broken and told to bad. He had to hire a lawyer, hire a pilot and photographer to fly over and make pictures of his property, he had to pay 2 appraisers to appraise the value of his farm/ranch and the scrub/broken ground it was.
After all those expenses he finally got a hearing and got his taxes lower by half.
The point is when they decide to RAISE the taxes we have ZERO say in the decision or the process. We have to do the work to challenge any new rates and foot what ever bills are involved in proving we should not have to pay the County the new taxes. And there is no promise they will rule in your favor after all that.
Once again you do not actually own land, EVERY year you have to pay taxes, fail to pay and that land that is supposedly yours will be legally seized by the Government.
You fall into a mental blackhole when you seem to indicate that popularity, people's opinions, changes scientific fact.
It doesn't matter if a lot of people vote for a economic system that's faulty, because it is still faulty.
That is by far the stupidest and most ignorant shit I've seen you post, and brother that's saying something.
This is about the usurpation, by executive fiat, of contract law that's been in existence for centuries and bankruptcy laws that have stood for decades.
But hey, when haven't communists just made shit up as they went??
Separate names with a comma.