3 ms·
they were purchased. the government does not just take property. in the end it may be the GSA price, which may not be the same as target was expecting to reta
by bdavis__ 7y ago
they were purchased. the government does not just take property. in the end it may be the GSA price, which may not be the same as target was expecting to retail it at.
- ceejayoz 7y ago> the government does not just take property lol https://en.wikipedia.org/wiki/Asset_forfeiture https://en.wikipedia.org/wiki/Asset_forfeiture https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U.S._Currency https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U...
- ISL 7y agoOr, closer to the issue at hand: https://en.wikipedia.org/wiki/Eminent_domain https://en.wikipedia.org/wiki/Eminent_domain I don't have time to look right now, but I suspect most states (and the feds) have the ability to repurpose private assets in emergencies, with some constraints.
- davrosthedalek 7y agoThat requires "just compensation".