Personal Freedom and Power 102: Acquiring and Possessing Property That all Men are born equally free and independent, and have certain inherent natural Rights,…; among which are the Enjoyment of Life and Liberty, with the Means of acquiring and possessing Property, and pursuing and obtaining Happiness and Safety. -Virginia Declaration of Rights – 1776

While American lawmakers and the president are watching their disastrous monetary and fiscal policies unfold with the credit downgrade of U.S. debt by Standard & Poor’s (S&P), some European countries are finally waking up to the reality of failed Keynesian economic policies that the tea party has been warning about for years. Last week, Italy and France have both proposed adding a Balanced Budget Amendment to their constitutions.