Your may still think your home is your castle, but increasingly your property is yours by government sufferance.  From Townhall.com, We’ve legalized theft in America

I have been looking through a new study, released by an organization called the Property Rights Alliance, called the International Property Rights Index. The study examines 115 nations worldwide and examines the correspondence between prosperity in a country and how secure private property is there.

It shows a practically perfect correlation. The more secure private property is in a given country, the more prosperous it is. Countries rated in the top 25 percent in secure and safe private property have on average nine times more income per person than those in the bottom 25 percent.

It’s one of those things that makes so much sense that you wonder why you have to do a study to show it. The easier it is to steal in any given country the less likely the economy will function well there.

The government as a private individual or business:

The president and Leno bantered about electric cars and, talk about taking risks with other people’s money, the president apparently sees no problem tapping into us taxpayers to finance research into these cars. “So, we’re going to be investing billions of dollars in research and development around these technologies — that’s what’s going to create the auto industry of the future,” Obama said.

We’ve already used taxpayer funds to bail out auto companies. Now we’re going to use them to take over their research and development functions.

Given what the International Property Rights Index shows, we might consider that because private property has become as insecure as it has in our country — that we have really legalized theft — that this might be what’s at the root of our economic chaos.

International Property Rights Index site here.   Report PDF here.

Don’t forget the President’s plans to “invest” in green technology, where “invest” means taking part of your property, your wages, and giving it to someone whose views are more politically simpatico.

Much more at the link.

Showing that government crime pays and that the tactic of “Your money or government-fueled bad press and Congressional retribution” is effective, Cuomo: AIG Execs Agree to Return $50M Bonuses From Fox News:

NEW YORK — New York Attorney General Andrew Cuomo said Monday that 15 employees who received some of the largest bonuses from American International Group Inc. have agreed to return the more than $30 million worth of payments in full.

In total, AIG employees have agreed to return about $50 million of the $165 million in bonuses awarded earlier this month by the troubled insurer, Cuomo’s office said.

Cuomo said he still hopes that more AIG employees will return their bonuses. At most, Cuomo said his office could hope to recoup $80 million of the bonuses — roughly the amount paid out to American employees.

So what about the foreign employees who got bonuses?  Maybe they live in countries where private property is still protected.  Wish I did.

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