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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: greenspirit who wrote (65168)12/4/1999 8:28:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 108807
 
Well until this Maxxam deal I would have agreed with you, and as I say, I am not really an environmental activist so I am open to discussion on the topic. But here we had a company which was the victim of a hostile takeover where the acquirer was so highly leveraged there was no way he could operate ethically (which therefore means he overpaid for the company as an operating venture and assumed it as a liquidating exercise)... should the taxpayer pay for that? Well, we did.

We have this same problem in a number of public/private partnerships... pro sports for example... the Oakland Raiders come to town and are essentially "bought" by the city with outrageous estimates generated by the current management. That same management gets a HUGE windfall at taxpayers expense.

Taxpayers shouldn't be subsidizing the management of these "public treasure" type private ventures... I don't know if it is legal to stop it in some way.

How about tomorrow, you me and a bunch of other people from SI get together and obtain financing for a buyout of some key but overlooked industry... I've got it... railroads. We'll buy a railroad with some funky financing scheme. The current owners will go for it because it will be such a huge windfall and if it ins't friendly we'll just do it hostile. Then, when we can't make the deal work, we'll simply sell to the taxpayer because we all know railroads can't simply go under without causing general damage therefore everybody wins! Except the common citizen, that is.



To: greenspirit who wrote (65168)12/4/1999 8:30:00 PM
From: Alexander  Respond to of 108807
 
In Florida the "Immigrants" cut every tree they can, out of fear of the Electrical storms here..THe Moblie Home Parks have no trees, and they are the first to get hit by a tornado. Brilliant people come her ;-( I bought a hous with two trees and I have planted three Oaks since..It is like Hell in the summer here without Trees Northern and Southern Florida have a lot of trees but in the Central Sector they are sparse. I love to go back to West Virginia to the Mountains there..I also love Western Mass and Ct..to visit. the Forests .



To: greenspirit who wrote (65168)12/4/1999 9:39:00 PM
From: Grainne  Read Replies (1) | Respond to of 108807
 
Michael, can you cite an example of an old growth forest or other natural wonder in America that was simply confiscated without the owner being paid for it?