To: CobaltBlue
the property owner is entitled to just compensation pursuant to the Fifth Amendment to the United States Constitution, at fair market value. What's the "fair market value" of a destroyed pile of sticks and bricks on a plot of land located below sea level? It ain't what you think it is (that is the value of the home pre-Katrina).
160 posted on
01/29/2006 11:47:44 PM PST by
FreedomCalls
(It's the "Statue of Liberty," not the "Statue of Security.")
To: FreedomCalls
What's the "fair market value" of a destroyed pile of sticks and bricks on a plot of land located below sea level? It ain't what you think it is (that is the value of the home pre-Katrina). Ultimately, it's what a jury says it is. A local jury.
163 posted on
01/29/2006 11:50:34 PM PST by
CobaltBlue
(Extremism in the defense of liberty is no vice. Moderation in the pursuit of justice is no virtue.)
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