To: 4Liberty
Thanks, as well, to you. FWIW, "Just compensation" is in there 29 times. Here is an example: In affirming the City's authority to take petitioners' properties, we do not minimize the hardship that condemnations may entail, notwithstanding the payment of just compensation.21 (from p. 19 majority opinion)
And here is foot note 21 from above in that majority opinion:
21 The amici raise questions about the fairness of the measure of just compensation. See, e.g., Brief for American Planning Association et al. as Amici Curiae 26-30. While important, these questions are not before us in this litigation.
62 posted on
06/24/2005 8:59:33 AM PDT by
bwteim
(Begin With The End In Mind)
To: bwteim
The notion of "Just compensation" seems at the heart of the matter. Would the default setting (definition) for that, BE "fair market value"?
Since only markets (supply and demand) DETERMINE "fair Market value," -- not the government, we certainly seem to have a legal conundrum here.
Just wondering if the two are roughly equivalent in terms of the law. Thanks.
69 posted on
06/24/2005 10:32:08 AM PDT by
4Liberty
(Loud music was played at Waco. So are Clinton & Reno = Hitler/Stalin/ Pol-Pot, Senator Durbin?)
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