🚀 go-pugleaf

In article <d9im0l$4ch$2@blue.rahul.net>,
 Merlin Dorfman <dorfman@green.rahul.net> wrote:

> In ca.general BTR1701 <btr1702@ix.netcom.com> wrote:
> > In article <d9i4kn$hgm$6@blue.rahul.net>,
> >  Merlin Dorfman <dorfman@green.rahul.net> wrote:
> 
> >> In ca.general Tim May <timcmay@removethis.got.net> wrote:
> >> 
> >> ...
> >> 
> >> > Local government are celebrating...freaking out. Every hotel complex
> >> > they were contemplating, with lucrative kickbacks through obscure
> >> > channels to themselves, is now back "in play." 
> >> 
> >> > Every shopping center, every coastal convention center, every "seniors
> >> > housing," every "low income Section 14 Setaside complex" that was ever
> >> > hindered by inability to acquire land is now "back in play." With
> >> > lucrative kickbacks to those who steal the land.
> >> 
> >>      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).  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.)

Well, all the niceties aside, I think the city government of Washington, 
DC could get a lot more money from the piece of prime real estate 
located at 1 1st Street NE than it currently does.

Maybe the DC city council should condemn it and put in a high rise hotel 
or block of townhomes-- something that would make them more money than 
the huge white marble edifice that currently occupies the lot.