Black Friday is upon us, and — in keeping with tradition — so are the attendant brawls, melees, assaults, thefts and general mayhem.
Nevertheless, Black Friday appears a bit more sedate this year overall. Reuters reports:
Bargain hunters found relatively little competition compared with previous years. Some had already shopped Thursday evening, reflecting a new normal of U.S. holiday shopping, where stores open up with deals on Thanksgiving itself, rather than waiting until Black Friday.
Retailers "have taken the sense of urgency out for consumers by spreading their promotions throughout the year and what we are seeing is a result of that," said Jeff Simpson, director of the retail practice at Deloitte. Traffic in stores was light on Friday, while Thursday missed his expectations…[more]
"...nor shall private property be taken for public use without just compensation." —United States Constitution, Amendment V
Can government confiscate, in the name of regulating prices and market micromanagement, up to half of a farmer's crops without providing just compensation?
The Fifth Amendment seems perfectly clear in rejecting that proposition. The federal leviathan, however, claims a more enlightened interpretation.
In our Constitution's opening words, the Founding Fathers declared their intent "to form a more perfect Union, establish…