Today (Friday, June 23) is the 1 year anniversary of the infamous Kelo decision, in which the U.S. Supreme Court gave its approval to naked theft. To commemorate that anniversary, our Imperator in Chief issued an imperial proclamation that henceforth property rights are to be respected, because he says so. I guess I’m pleased, but an “Executive Order” isn’t much protection from arbitrary exercises of power, is it?
Note: For a serious defense of property rights that’s written in a very accessible and clear style, I strongly recommend Timothy Sandefur’s Cornerstone of Liberty: Property Rights in 21st Century America. Timothy will be speaking at Cato University this year, which is dedicated to the topic of property. He also has a Cato Podcast on “Property Rights After Kelo.” (I should point out that Timothy attended Cato University when an undergraduate.)
Hat tip to Anya and Chris.