07 November 2008
Rahn: Is It Constitutional?
Richard W. Rahn, a senior fellow of the Cato Institute and chairman of the Institute for Global Economic Growth, wrote a very fine article which appeared in the Washington Times on 5 November 2008 entitled "Is It Constitutional?" Rahn discusses the unconstitutionality of the government's financial industry bailouts. He expects the Supreme Court to have to make a ruling on this issue and that it will find the bailout to be unconstitutional. I hope he is right.
He also has a good discussion of what is wrong with the concept of "active rights", which is the same as what Obama has called "positive rights," which are supposed rights that justify using governmentally weilded force to make one person do things for the sake of another.
He also has a good discussion of what is wrong with the concept of "active rights", which is the same as what Obama has called "positive rights," which are supposed rights that justify using governmentally weilded force to make one person do things for the sake of another.
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