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Condemnation wouldn't directly result in a transfer of ownership in the property (though it might make the owners more eager to sell). It is a tough issue. I'm pretty strong on private property rights, but there are social responsibilities and unfortunately minor "failures" of the market and regulatory systems will produce pockets that can't easily be reclaimed through standard development. |
As for refineries, I'm not sure building more of bigger/better is really going to do much about the price of gas. It's a limited resource and world wide demand is on the increase. We still have it cheap - (I read an item yesterday that pegged the cost at $7 a gallon in France right now). Furthermore I don't see why the refining process has to take place here - do it on the cheap elsewhere and ship gasoline instead of crude
But I agree the simplistic notion that corporations are evil, leads to many unfavorable outcomes. I've personal experience in how California's reaction to degregulation has created numerous disincentives to build more plants when we know more are needed. That's not likely to change until a Summer of Balckouts forces the issue. Politics is almost always reactive and seldom proactive. As for Ballparks and eminent domain, yeah what a sad waste, though I suppose they can be used as emergency shelter in the event of a disaster - as long as the roof doesn't leak. I rarely go to ballparks so, it's not something I'd support - though I am a big fan of public spaces. Turning out people to create them though just doesn't seem right even if it does happen all the time. |
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Again though, the numbers vary pretty wildly. You would think someone would actually know. :) |
Gasoline has a shelf life? Who knew?
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A co-worker of mine is an ardent conservative, and constantly rails against welfare. He is also a major sports nut. I ask him how he reconciles his anti-welfare sensibilities with the corporate welfare now going on with such things as Safeco Field in Seattle, and he just sputters something about how it's okay for the public to subsidize (and be taxed for) the support of sports arenas and the like, as they enhance our quality of life and bring revenue to Washington state. :rolleyes:
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Much to my disappointment, I found out about the shelf-life thing which killed my dreams of enormous wealth. Eh, it happens. :) |
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