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No, Mr. Trump, Victims of Eminent Domain Do Not "Get a Fortune"
Foundation for Economic Education ^ | February 26, 2016 | George Leef

Posted on 02/29/2016 9:09:58 AM PST by reaganaut1

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To: McGruff

I thought the new thing was mob ties?!?!?!

I’m so lost on the daily wheel of Trump hate.


21 posted on 02/29/2016 9:36:58 AM PST by VanDeKoik
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To: miss marmelstein

Along with a retirement home in Boca Raton.


22 posted on 02/29/2016 9:39:17 AM PST by Lagmeister ( false prophets shall rise, and shall show signs and wonders Mark 13:22)
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To: reaganaut1
That claim is simply indefensible. The truth is that people who lose their property to eminent domain proceedings are almost never made whole.

B-A-L-O-N-E-Y. In the case of Vera Coking, she wasn't satisfied with $3 million offer for the place she bought for $20,000.

Most people get paid more than market value.

Mrs. Coking, took her greed to the max, but waited too long and finally sold for $530,000 after putting it on the market in 2011 for $5 million. She was very lucky to get that much from Carl Icahn. He then had the place demolished.

23 posted on 02/29/2016 10:03:41 AM PST by detch (")
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To: miss marmelstein

Actually, he didn’t. Show me a link to the actual document where Trump made that offer. In fact, he got the city to condemn the property for only $251,000. That figure comes from the actual court record.


24 posted on 02/29/2016 10:03:51 AM PST by SeaHawkFan
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To: hinckley buzzard
“What constitutes “public use” has been adjudicated on a number of occasions and it turns out be a pretty broadly interpreted term.”

That is the damn problem with Kelo. The idea that private property can be condemned, not for public use (roads, schools), but for the private use of another that the state decides might have a public benefit, turns the whole idea of property rights on its head. Developers have the money to donate to (bribe)politicians and always promise that their project will bring in jobs, taxes etc. The individual property owner just gets crushed by this corrupt crony fascism.

25 posted on 02/29/2016 10:04:03 AM PST by FBRhawk (Pray with faith, act with courage, never surrender!)
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To: SeaHawkFan

I don’t do links - especially to people who are looking to deny that Trump offered this woman a fair price. GOOGLE is your friend. It is up there for all to see and has been routinely talked about here on FR.


26 posted on 02/29/2016 10:06:29 AM PST by miss marmelstein (Richard the Third: With my own people alone I should like to drive away the Turks (Muslims))
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To: miss marmelstein

close eyes, plug hears and hum.. good method of learning you have there.


27 posted on 02/29/2016 10:10:27 AM PST by Bidimus1 (W)
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To: miss marmelstein

did. And if you KNOW he didn’t, why do you ask for a source? Just google it - it’s all over the internet.

__________________________________________
IOW you can’t document your bs claim, got it.

Coking turned down a million in the 70’s there is no documentation of what Trump offered just the 250 that the city offered.


28 posted on 02/29/2016 10:14:06 AM PST by Leto
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To: reaganaut1

Where I live, the city decided that they needed to run a sewer and water line on the front 10’ of my property, only problem was, I had 2 trees there. They were using eminent domain and offered initially $14,000, I told them to stuff it, did some research and fought them and eventually received about $30,000 for 2 trees. Moral of the story, don’t take the first offer, in my state, if we had gone to court and the court had decided that they needed to pay more, they would have been on the hook for my attorney’s fees which would have been more than I was asking for in increased compensation. Sometimes you just have to remind them to run the numbers.


29 posted on 02/29/2016 10:17:07 AM PST by rednesss (fascism is the union,marriage,merger or fusion of corporate economic power with governmental power)
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To: Bidimus1

What are you blubbering about?

It’s not my fault some of you people don’t know what you’re talking about. This subject has been done to death for months and yet you still refuse to know the truth - or are new to the score. Talk about closed eyes and ears! It’s not me.


30 posted on 02/29/2016 10:18:04 AM PST by miss marmelstein (Richard the Third: With my own people alone I should like to drive away the Turks (Muslims))
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To: reaganaut1

It is incredible his ignorance of our laws as well as the procedure of making our laws.

Speaking of ignorance, has anybody seen his school transcripts that contain some of those incredibly good grades he speaks of? No? Obama MKII?


31 posted on 02/29/2016 10:18:42 AM PST by biff
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To: miss marmelstein
But Trump offered the widow woman $2 million. Which is a fortune.

Had he been able to use eminent domain I'll bet he would have paid a lot less.

32 posted on 02/29/2016 10:22:53 AM PST by DoodleDawg
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To: miss marmelstein

old news does not matter.. move on.. who does that sound like ?


33 posted on 02/29/2016 10:28:58 AM PST by Bidimus1 (W)
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To: hinckley buzzard
From the Fifth Amendment to the Constitution: "...nor shall private property be taken for public use without just compensation."

Yep, that's what is says and the State of Texas has an identical one.

However, in our families case, it took thousands and thousands of dollars, a team of good lawyers, almost 20 years and a jury trial which we "won". And it's not over yet. They may appeal again.

34 posted on 02/29/2016 10:34:32 AM PST by Texan
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To: reaganaut1
Actually it doesn't matter if Mr. Trump offered the lady a "fair" price. It was her property and she didn't want to sell.

No private citizen should be forced to sell their property to another private citizen for any reason even if it increases tax revenue.

Sure the government can take it for what they consider "the public good" and for what they deem "fair compensation". That's what they did in Kelo for the benefit for Pfizer Pharmaceuticals. Funny thing.....Pfizer never did expand onto the property and I understand have now or will be moving their headquarters overseas.

35 posted on 02/29/2016 10:45:07 AM PST by Texan
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To: reaganaut1

Not in Democrat-controlled government takings, they don’t. But private developers can offer more. Donald offered much, much more in his one hotly-discussed Atlantic City incident from decades ago.


36 posted on 02/29/2016 10:53:08 AM PST by Albion Wilde (Who can actually defeat the Democrats in 2016? -- the most important thing about all candidates.)
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To: reaganaut1

Drive down virtually every street in the US, and you will see that most properties are NOT for sale. Why is that? It’s because the properties are worth more to the owners than the ‘fair market value’, which they get from en eminent domain purchase. Thus, by definition, the owners get screwed by an eminent domain takeover.


37 posted on 02/29/2016 11:08:00 AM PST by norwaypinesavage (The Stone Age did not end because we ran out of stones)
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To: reaganaut1

re:
““Victims of Eminent Domain Do Not “Get a Fortune”””

1983, Norton AFB, San Bernardino, CA, bought a bunch of homes that, under the newly designated lengthened ‘before runway crash area’, existed in a new danger area, with many of the homes built in the 1950’s.

I bought the 625 sq. ft. rancho house for $17,000.00 in 1980.
My house was one of the many that were bought under eminent domain proceedings bu the U.S. Air Force, for $38,000.00.

Making a 200% profit isn’t a ‘small fortune’ in the more powerful buying power of the dollar in the 1980’s, now is it???


38 posted on 02/29/2016 11:20:47 AM PST by Terry L Smith
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To: detch

“Most people get paid more than market value.”

Have you been through it personally? Market value is a fair price for something that someone wanted to sell. Generally people who did not want to sell have other issues and market value doesn’t always take care of those issues.

In addition, like any government process where money changes hands, there is a huge amount of corruption where if they can short homeowner A, they can toss some extra dollars to GoodPal B.


39 posted on 02/29/2016 11:43:43 AM PST by csivils
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To: norwaypinesavage

It is more than just finances. Kids are in a school, commute times to jobs are balanced to where you live. Friends are close, there may or may not be another place like the one you have now. Memories were made, and if it isn’t time to move on, it feels like it was ripped away from you.

My wife stood there and watched as a backhoe demolished her dream house from an empty house to nothing but a pile of dust... took about 30 minutes.

Houses may be a commodity... but to each person, their home is not.


40 posted on 02/29/2016 11:48:18 AM PST by csivils
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