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More tyranny I like
Quote:
Originally posted by Tyrone Slothrop
OK, but none of that goes to the particular issue in Kelo. If the decision had gone the other way, the government could still take your house to build the Monorail, but only if it was government-owned and operated. Penske will tell you that a privatized monorail would be better and cheaper (spree: sound). And the endowment effect tends to prevent government from taking people's property. I tend to agree that FMV isn't enough, but the remedy is to pass a law giving, e.g., 125% of FMV.
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I think it gives too much power to private developers, who tend to dominate local governments already.
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"More than two decades later, it is hard to imagine the Revolutionary War coming out any other way."
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