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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (2987)	11/3/2008 9:35:08 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 86355

Unless you want the government to take your land and not pay for it. Uh.. I don't think that's how eminent domain works.. There has to be fair compensation. And how that compensation is determined is quite likely the last assessed value of the property. And that property assessment, generated for state and local tax purposes, are probably grossly exaggerated relative to actual market value. This is just a "gut feeling" on my part and I'm not suggesting that I have any actual facts to base it upon. But it might explain some of this, and why eminent domain is being used. It could prove very profitable to some of those local folks who might be begging for such a solution to getting out from under their land speculation. Hawk