The Supreme Court continues to affirm the idea that local governments have more authority over private property than the private citizens who own the property have. These rulings have had a disastrous effect on liberty. To truly attack the individual, you must remove his ownership of property because a person's authority over his own life and destiny is best seen in the accumulation of his property. He exerts dominion over his property, and thus displays the dominion he has over his own life. When the state can supersede a man's dominion over his own property, the individual loses his power over his own destiny (thus over his own liberty).
The article said that the Government is expected to win a pending case where the Supreme Court was asked to rule if it is permissible for local officials to take people's property through eminent domain for economic development projects like shopping malls. When the government can use force to take property from one private citizen and give it to another private citizen, then we will no longer be living in a free society and you will no longer be able to count on the rule of law protecting your assets. If the government can take your home and give it to a developer, how long until the government can seize your IRA and give it to a Social Security recipient. The two cases are ideologically the same.
Its kind of scary seeing the government get so much power to seize that which we work hard for. When their power is complete, there will be no incentive to work because there is no incentive to accumulate wealth. Our economy will falter then. I'm not sure there is anything you can do to protect yourself from this other than, if a developer comes and asks for your home. Sell it to him immediately. If the government gets involved, you will get screwed out of its value.
No comments:
Post a Comment