Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: nygoose; RoseD
I wonder if the New London plaintiffs will get 'just compensation' that is in line with what the government is saying the property will be worth after their 'plan' is instituted.

Because if the property has that "potential" value allowing the court to justify the taking, likewise, it should have that same value in 'just compensation' to the property owner. In other words, if the price being offered were truly fair, the owner would sell. Obviously it is not a fair price to convince the OWNER of the property to sell.

225 posted on 06/23/2005 11:01:27 PM PDT by TheOtherOne (I often sacrifice my spelling on the alter of speed™)
[ Post Reply | Private Reply | To 210 | View Replies ]


To: TheOtherOne

At least the Feds are not making it a hate crime for the property owner not to take their offer.


248 posted on 06/24/2005 12:15:38 AM PDT by nygoose
[ Post Reply | Private Reply | To 225 | View Replies ]

To: TheOtherOne
"Because if the property has that "potential" value allowing the court to justify the taking, likewise, it should have that same value in 'just compensation' to the property owner. In other words, if the price being offered were truly fair, the owner would sell. Obviously it is not a fair price to convince the OWNER of the property to sell.

Excellent point. A fair price is what the seller decides, not the buyer. What the Supremes just did was say the buyer determines the fair market value of property. If the seller doesn't agree the buyer can have the governement intervene to force the sale. Compare it to ebay. Image if ebay allowed buyers to set the market value of items and could intervene to force a sale if a seller didn't meet a buyer's price. What a scam.

257 posted on 06/24/2005 2:29:35 AM PDT by Justa (Politically Correct is morally wrong.)
[ Post Reply | Private Reply | To 225 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson