In the National Post, FIU Law School Professor Elizabeth Price Foley writes on the perception of America’s foundational principles.
Elizabeth Price Foley serves as the Executive Director of the Institute for Justice Florida Chapter. She is also the Institute for Justice Chair in Constitutional Litigation and Professor of Law at Florida International University College of Law.
The Tea Party rises
The growing perception that America’s foundational principles are on the verge of a deep, dark, politically correct precipice has created a political environment akin to a gas leak. It was only a matter of time before something ignited the flames of political resistance. As it turned out, the spark was a free-falling economy and a crumbling housing market. For years, Wall Street greed and congressional policies combined to encourage widespread departure from traditional mortgage lending practices, in which no-documentation, no-money-down, interest-only, high debt-to-income-ratio and other high-risk or “sub-prime” loans became commonplace … Read more at the National Post.com »