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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (243282)7/25/2005 11:42:23 AM
From: tejek  Read Replies (1) of 1572384
 
I personally like the idea in theory, but not so much in the way it was ruled... The particular case was in New London, CT, an area that used to thrive but is now down the tubes, and one that desperately needs the type of project which the city was aiming to bring in. However, the Court ruled that the homeowners needed to be paid "fair value." Well, what's fair value? Who determines that? Some real guidelines and an independent panel need to be in place here.

Determining fair value in a small city like New London is fairly easy to do. There are certified appraisers, professionally trained, who can determine fair value in a matter of weeks. The issue over eminent domain is not whether people get fair value for their property........they usually do.......but rather being forced to sell when they don't want to.

ted
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