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Article #1900

Re: Property Rights

#1900
From: BTR1701
Date: Sat, 25 Jun 2005 23:12
55 lines
4333 bytes
In article <1119739077.509243.239970@g44g2000cwa.googlegroups.com>,
 "Transition Zone" <mogulah@hotmail.com> wrote:

> BTR1701 wrote:
> > In article <nieporen-5A0197.06451725062005@host170.octanews.net>,
> >  David Marc Nieporent <nieporen@alumni.princeton.edu> wrote:
> >
> > > In article <d9im0l$4ch$2@blue.rahul.net>,
> > >  Merlin Dorfman <dorfman@green.rahul.net> wrote:
> > > >In ca.general BTR1701 <btr1702@ix.netcom.com> wrote:
> > > >>  Merlin Dorfman <dorfman@green.rahul.net> wrote:
> > >
> > > >>>      Frankly I don't think that a different decision would really
> > > >>> have changed anything. Governments would have seized the land for
> > > >>> "a park," then a few months later turned around and sold it to the
> > > >>> private developers.
> > >
> > > >> Yeah, you're probably right.
> > > >> 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).
> > >
> > > No; by definition, they're being paid less than the property is worth to
> > > them.  If they were being paid more, they'd sell.
> > >
> > > In practical terms, anybody who has been involved in a legal condemnation
> > > actions knows that the amounts paid are always lowballed.  Monopsonies
> > > backed up with guns tend to have an awful lot of market power.
> > >
> > > >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.)
> > >
> > > Yeah.  Pesky principles.
> > >
> > > Besides, BTR, he's right -- they have to compensate you when they take 
> > > your property via eminent domain.  When they want to take your savings 
> > > accounts, they just say the magic words "taxing the rich" and seize it.
> >
> > Yes, I hadn't thought of that. Now I'm depressed that I realize my
> > sarcastic example is actually true.
> 
> Awww, gee BTR. It really is sooo, sooo, very, very tragic hearing you
> two lament over govt treatment of the rich.
> 
> Booo-hoo. Boo-hooo-hooo. Boo-hoo.

Well, when I get a response like that from you, I know I've said 
something right.
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References: <btr1702-6708F6.20294323062005@news.giganews.com> <nieporen-2F45D5.21542823062005@host170.octanews.net> <btr1702-4E4D2C.22111223062005@news.giganews.com> <230620052118341099%timcmay@removethis.got.net> <d9i4kn$hgm$6@blue.rahul.net> <btr1702-7CA454.20093624062005@news.giganews.com> <d9im0l$4ch$2@blue.rahul.net> <nieporen-5A0197.06451725062005@host170.octanews.net> <btr1702-6ED08E.08572325062005@news.giganews.com> <1119739077.509243.239970@g44g2000cwa.googlegroups.com>

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From: BTR1701 <btr1702@ix.netcom.com>
Newsgroups: la.general,ca.general,scruz.general,misc.survivalism,alt.tv.the-west-wing
Subject: Re: Property Rights
References: <btr1702-6708F6.20294323062005@news.giganews.com> <nieporen-2F45D5.21542823062005@host170.octanews.net> <btr1702-4E4D2C.22111223062005@news.giganews.com> <230620052118341099%timcmay@removethis.got.net> <d9i4kn$hgm$6@blue.rahul.net> <btr1702-7CA454.20093624062005@news.giganews.com> <d9im0l$4ch$2@blue.rahul.net> <nieporen-5A0197.06451725062005@host170.octanews.net> <btr1702-6ED08E.08572325062005@news.giganews.com> <1119739077.509243.239970@g44g2000cwa.googlegroups.com>
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