Posts Tagged ‘property’

“Give a man the secure possession of a bleak rock, and he will turn it into a garden; give him a nine years’ lease of a garden, and he will convert it into a desert. The magic of property turns sand into gold.” -Arthur Young

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“In the same year that the Declaration of Independence was adopted, Edward Gibbon published the first volume of his masterpiece, The History of the Decline and Fall of the Roman Empire.

The Founding Fathers were well aware of the transition – natural, and perhaps inevitable – from republic to empire. They had studied it in the Roman example. They had seen how it drew power into a few hands… and corrupted them.

They tried to prevent it from happening in the New World, putting in place limits… circuit breakers… and checks and balances… to keep the government from becoming too big, too ambitious, or too powerful.

Even then, they were doubtful that it would stick. ‘We give you a republic…’ Franklin wrote to posterity, ‘if you can keep it.’….

Time and scale have changed the nature, not just the age and the size, of the United States of America. It has become something the Founding Fathers had tried to avoid… and almost certainly wouldn’t like….

Citizens still have the right to life, liberty, and property – but only to the extent that the feds allow.

They can keep their firearms, for example, but the feds can label them terrorists… and kill American citizens.

They still have the right to express themselves under the protection of the First Amendment, unless their opinions are considered ‘hate speech,’ or the feds – or their agents at Facebook and Google – just don’t like what they say.

Your property is still safe, too; but under the doctrine of civil forfeiture, the police can take your money, your cars, and your house… with no due process of law….

Empires are very different from republics. They are no longer by, for, and of the people. They’re too big… too complex… with too many fingers in too many pies for the people or their elected representatives to keep up with.

So power migrates to the center. There, where the CIA, NSA, Pentagon, NIH, FBI, IRS, and dozens of other agencies… along with the corporate headquarters of hundreds of big industries… and thousands of pressure groups, lobbyists, factotums, hacks, think tanks, NGOs, powerful families, and apparatchiks reside, is where the real power flows.

There, too, in Rome as in Washington, the power congeals.”

-Bill Bonner

Body Guard

Posted: April 18, 2018 in Thought for the Day
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“The most significant piece of property is your own body.” -Robert Murphy

“I’m all for immigration and completely open borders to enable opportunity seekers from anyplace to move anyplace else. With two big, critically important caveats: 1) There can be no welfare or free government services, so everyone has to pay his own way, and no freeloaders are attracted. 2) All property is privately owned to minimize the possibility of squatter camps full of beggars.” -Doug Casey

“In simplest terms, economic freedom is the fundamental right of every human to control his or her own labor and property.” –Israel Ortega

A foundation to build upon:

  1. Personal Responsibility:  The initiative of the individual;
  2. Private Reserve:  The wisdom of wealth;
  3. Private Enterprise:  The engine of the economy;
  4. Private Property:  The fulcrum of freedom.