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To: MrB

RE: where a man can be divested of liberty and property for words.

Well, we’ll just have to see if his property (i.e. the L.A. Clippers) is “confiscated” OR NOT...

Sterling bought the Clippers for just $12 million in 1981, and the team is now worth $575 million, according to Forbes magazine.

If he sells it for market value, he makes nearly 50 times hims original investment. And if he does, his property isn’t being confiscated at all.


14 posted on 04/30/2014 7:22:27 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

If he gets market value, then we could say his team was not confiscated; I see your point.

But, if it is a forced sale, I wonder if that changes things?


18 posted on 04/30/2014 7:25:45 AM PDT by Dilbert San Diego (Im W)
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To: SeekAndFind

I used the word “divested” instead of “confiscated” on purpose.
A forced sale is still against his will.


20 posted on 04/30/2014 7:28:43 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: SeekAndFind

If you allow for inflation, he would be making maybe 20 times his original investment, but then the government would take a third of it in capital gains taxes.


35 posted on 04/30/2014 8:46:02 AM PDT by Verginius Rufus
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