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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: kodiak_bull who wrote (6949)2/25/2002 2:04:36 PM
From: Raymond Duray  Read Replies (3) of 206110
 
Hi KB,

Excellent discussion of the "takings" issue. Thanks.

What do you think of the speculators who've bought up large swaths of the Carolina beach front, in spite of all sensible appreciation of the fact that any McMansions developed there would be prone to being destroyed in sea surges in regularly scheduled hurricane incidents, demanding that they be provided a profit from the counties that sensibly have curtailed said development? In other words, if a speculator is gaming the system, knows that his scheme is fraudelently conceived and has brass balls, should the community bend over for such boorish behavior, and reward it with compensation?

Just wondering, Ray
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