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Deed Restrictions Versus Property Rights?
Last Friday, the Texas Supreme Court ruled that short-term rentals are not a commercial use of property. The case involved a home owner association that claimed short-term rentals were a commercial use and violated its deed restrictions (also called covenants). Patrick Sutton, the home owner’s lawyer, said, This is about as strong of a property…
Without Reason, Collectivism is the Default
ByjbpIn his inaugural speech, New York City Mayor Zohran Mamdani said, “We will replace the frigidity of rugged individualism with the warmth of collectivism.” Conservatives were quick to criticize Mamdani. Florida Gov. Ron DeSantis wrote on X, “The ‘warmth’ of collectivism that always requires coercion and force. How many dead over the past 100 years…
Is Deflation Really Bad?
Financial analysts are issuing warnings about the deflation that is occurring in China. In November, consumer prices fell .5 percent, the largest decline in three years. CNN reports that deflation is bad because consumers and businesses may delay purchases in the hope that prices decline further. But is deflation really bad? Deflation means a general…
Hemp Law Creates Problems and Opportunities
When Gov. Greg Abbott signed a bill legalizing the growing of hemp in Texas, he created problems for law enforcement agencies. Federal law defines hemp as having less than .3 percent THC (the active ingredient in marijuana). While the tests currently used by law enforcement in Texas can detect the presence of THC, those tests…
Remember the Alamo
For thirteen days in early 1836, the Mexican army laid siege to the Alamo. When the battle had ended, nearly two hundred brave Texans were dead. “Remember the Alamo” became a rallying for the Texas army, and less than two months later, Texas had secured its independence. Perhaps more than any other event in Texas…
Nothing More than a Slogan
Once again, Republicans are demonstrating that “property rights” is nothing more than a slogan to be used to attract votes. They are proposing legislation that will “crackdown” on corporate landlords through heavy taxation or similar penalties. The right to property means the freedom to produce, use, and trade material values, including housing. Imposing penalties on…