Re: Property Rights

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Article #1897

#1897

From: Gunner
Date: Sat, 25 Jun 2005 17:46

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On Sat, 25 Jun 2005 04:19:33 +0000 (UTC), Merlin Dorfman
<dorfman@green.rahul.net> wrote:

>
>> Frankly, I don't know why I should be allowed to have a savings account, 
>> either. I'm sure Wal-Mart or some real estate developer could put the 
>> money to better use. This would surely be "for the public good."
>
>     The property owners will, I'm sure, be paid more than their
>property is worth (though of course that was not the point of 
>their suit).  A savings account has no value beyond its dollar
>price, so if the govt seizes your $5000 account and pays you $6000
>for it, I don't see that you have a lot of complaints coming.
>(Except on general principle.)

I suppose you believe in the Tooth Fairy also?  Unfortunately the
concept of "worth" is a widely variable one..and since the advent of
the Prop 13 type laws..many many properties are underassessed by a
considerable margin. In some cases an order of magnitude. And THAT is
the value that will be negotiated with..not the market value.

If you need me to do the research, Id be happy to drag up a few
examples of why you statement is wrong on so many levels.

Gunner

"Considering the events of recent years, 
 the world has a long way to go to regain
 its credibility and reputation with the US."
                                 unknown

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From: Gunner <gunner@lightspeed.net>
Newsgroups: la.general,ca.general,scruz.general,misc.survivalism,alt.tv.the-west-wing
Subject: Re: Property Rights
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