Among the issues most commonly discussed are individuality, the rights of the individual, the limits of legitimate government, morality, history, economics, government policy, science, business, education, health care, energy, and man-made global warming evaluations. My posts are aimed at intelligent and rational individuals, whose comments are very welcome.

"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

"Observe that the 'haves' are those who have freedom, and that it is freedom that the 'have-nots' have not." Ayn Rand

"The virtue involved in helping those one loves is not 'selflessness' or 'sacrifice', but integrity." Ayn Rand

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.

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