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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 414.48

+0.7%

Jan 9 4:00 PM EST

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To: dvdw© who wrote (42427)	11/8/2008 3:55:36 PM
From: RJA_	3 Recommendations Read Replies (1) of 219176

>>Nationalization Is Theft Only different by degree from the Canadian Conservative party expropriation of the value of income trusts -- overnight -- by dramatically changing the method of taxation without negotiation or discussion and directly in contravention of previously made campaign promises. Never the less, an argument can be made that the resources of a country are in fact, owned by the country, even if private individuals or companies dig them up. All depends on your point of view actually... whether you are standing in the moccasins of the private property owner who believes his asset has been stolen (after much investment to dig it up), or the income trust shareholder who's value has been cut instantly by 20% or more overnight, or the Canadian Social Security recipient who now believes he has perhaps a stronger asset to lean on. All different points of view in the rough and tumble world of politics, ownership, and development. We see it play out on the Colorado Front Range in the interaction of mineral rights vs surface rights, and developers/land owners trying to "harvest their value" vs citizens of municipalities and counties trying to maintain their quality of life. A battle and debate that I do not see ending any time soon.

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