Not really. I am not questioning anybody's right to squat unless there are trademark infringements, but squatters don't add anything of value to the system. In principle it's no different than a pirate asking for a ransom.
Nobody’s making them buy it-why doesn’t Bush take a .net domain then.
Who is to say that this entity has more of a right to a domain name than another entity?
You may say that GeorgeWBushLibrary.com belongs to George W Bush, but then what about BarackObamaSucks.com? What about a website called FreeRepublic.com, who owns that? What if Jim Robinson wanted to sell FreeRepublic.com, doesn’t he have a right to do that?