[Info-vax] Completely OT: Frank Lloyd Wright

[Bob Koehler]

In article <k67bku$rgk$1 at dont-email.me>, David Froble <davef at tsoft-inc.com> writes:
> 
> What I'd object to is someone who has put his own money into something 
> losing that investment.  If someone who has bought some property isn't 
> allowed to do what he intended, that's exactly what happens, he loses 
> his money.

   Investments carry risks.

   Anyone making a serious investment in real estate should be aware
   that the state has eminent domain, and that states authorize local
   governments to take actions based on the state's domain.  And in
   joining the union, the state has provided some authority to the
   federal government to take actions based on the state's domain.

   If you don't want to expose yourself to tht risk, invest your
   money elsewhere.

   What actions can be taken under eminent domain may not match what
   actions you think should be taken, but a lawyer can advise an
   investor to what the laws says before the investment happens.

   The argument that denying an investor the ability to reap profits
   is a "taking" of property is often used when the government acts
   to protect the general public from problems caused by a landowner's
   plans.  It's a lot of bull, protecting the public is what
   governements do, outside of authoritatian regimes.  Domain and 
   government didn't get invented after the investment.