[ianlippert]

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Why do I need to provide some theory of private property rights. Im pretty satisfied with how it works now.

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So your theory of property rights is that some people have the right to take others property? Yes my Iraq line was a little rhetorical, but seriously what do you think is going to happen when you let one group in society define property rights? You are going to get massive amount of theft and violence as these people define property rights to be whatever resources they want for themselves. Iraq was one example I could have stated countless others of corruption in the American government so I hope it didnt distract you from the core point I was trying to make.