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Re: chessmaster315 post# 147863

Tuesday, 11/12/2013 2:53:23 PM

Tuesday, November 12, 2013 2:53:23 PM

Post# of 801139
We're a democratic republic. not straight democracy. Remembering that is key. A straight democracy doesn't protect people's rights. Majority can vote to steal from minority. Our democratic republic, constitutional republic, (supposedly) protects minority rights like right to property. Politicians today would LOVE for us to all lazily think we're a straight up democracy. That gives them more leeway to steal from us. But we have majority rule with minority rights. Hence 5th amendment to constitution is relevant to us fnma holders today.