(Lizzie Borden, er Warren, continued. Pardon the confusion, but the current day Lizzie wants to do to the banking system and property rights in this country what the former Lizzie allegedly did to her parents.)
"Posted on September 24, 2011 by Scott Johnson in 2012 election, Obama administration
Mrs. Warren’s profession, cont’d
Given that citizens of lesser means always outnumber the rich, the classic political philosophers held that government based on majority rule was untenable. They were of the view that it would lead to organized theft from the wealthy by the democratic masses. Thus Aristotle observed in The Politics, for example: “If the majority distributes among itself the things of a minority, it is evident that it will destroy the city.”
The Founders of the United States were deep students of politics and history, and they shared Aristotle’s concern. Up through their time, history had shown all known democracies to be “incompatible with personal security or the rights of property.” James Madison and others held that the “first object of government” was to protect the rights of property.
They understood the protection of property rights to be bound up with freedom itself. “In a word,” Madison explained, “as a man is said to have a right to his property, he may be equally said to have a property in his rights….” The Founders thus incorporated numerous provisions of the Constitution and Bill of Rights to protect the property rights of citizens from the power of the government.
Whatever else might be said about him, President Obama operates on a different philosophy of government from that of the Founders. His credo is reflected in the proposition: “I think at some point you have made enough money.”
The Founders thought that at some point the government had enough power. Obama, however, is a devout believer in unlimited government. The common denominator among so-called health care reform and financial regulatory reform as well as Obama’s other big proposals is the augmented power they confer on the government in general and the executive branch in particular.
Obama appointed Elizabeth Warren to wield substantial power in his administration. Warren thought up the Consumer Financial Protection Bureau and was to be the agency’s first director. Republicans in the Senate kept her from assuming the position, but Obama appointed her a czar and made her the agency’s de facto head. Warren left the administration last month to return to Harvard Law School, where she was to step back into her position as the the Leo Gottlieb Professor of Law."
Mrs. Warren