A Kentucky high school student accusing of mocking a Native American protester in a viral video spoke out for the first time Sunday night and claimed the video does not show what really happened during the encounter … Nick Sandmann, a junior at Covington Catholic High School, said he was “mortified” to find that so many people believe he and his classmate were taunting African-Americans and Native American protesters with racist chants during an encounter between protest groups on Saturday. “I did not do that, do not have hateful feelings in my heart and did not witness any of my classmates doing that,” Sandmann said.
The students initially were accused of mocking a Native American participant in the Indigenous Peoples March, which coincided with the March for Life. A snippet of video from the apparent confrontation quickly gained traction on social media, with many condemning the students — some of whom were wearing “Make America Great Again” apparel — and other critics calling for the students to be identified and harassed.
The Roman Catholic Diocese of Covington and the high school issued a joint statement apologizing to the activist, identified Saturday as Nathan Phillips. However, the emergence of longer video that appears to show some students being harassed prompted some conservatives to take back their earlier criticisms of the students.
Two-thirds of the world’s population lacks access to a formal system of property rights.
The great economic divide in the world today is between the 2.5 billion people who can register property rights and the five billion who are impoverished, in part because they can’t. Consider what happens without a formal system of property rights: Values are reduced for privately owned assets; wages are devalued for workers using these assets; owners are denied the ability to use their assets as collateral to obtain credit or as a credential to claim public services; and society loses the benefits that accrue when assets are employed for their highest and best purpose.
.. two-thirds of the world’s population lacks access to a formal system of property rights, resulting in undeveloped resources and assets worth an estimated $170 trillion, or 63% of the value of the assets of the U.S.
.. Hernando de Soto—discovered that even in the most primitive societies records exist on who owns what. Based on this discovery, ILD undertook an organized effort in Peru to begin to assimilate and formalize these records to establish a registry of property ownership.
.. We first collaborated in 1990 when Peru sought American assistance to replace the gun with the rule of law by officially recognizing that the indigenous Peruvians’ primitive property records were legal proof of ownership.
.. Blockchain is an especially promising technology because of its record-keeping capacity, its ability to provide access to millions of users, and the fact that it can be constantly updated as property ownership changes hands.
If Blockchain technology can empower public and private efforts to register property rights on a single computer platform, we can share the blessings of private-property registration with the whole world. Instead of destroying private property to promote a Marxist equality in poverty, perhaps we can bring property rights to all mankind. Where property rights are ensured, so are the prosperity, freedom and ownership of wealth that brings real stability and peace.