Goodbye Private Property Rights in the United States

John Galt, Shenandoah

7/5/2012

Upon reflection, perhaps I should have just stayed on vacation. The disastrous rulings from the United States Supreme Court (I’ll comment on that later) along with the spineless wonders known as the Republican Party refusing to act in a decisive manner to block America from falling from Banana Republic status into Socialist Banana Republic status akin to 1970′s France demonstrates just how screwed we are.

Then this story by Nick Timiros grabs my attention in the Wall Street Journal this morning:

Cities Consider Seizing Mortgages

And now… the rest of the story. …..