Comments on: BB&T Takes a Stand on Eminent Domain http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/ personal finance tips, tricks, and commentary Tue, 14 Feb 2012 01:20:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dus10 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1815 Dus10 Fri, 10 Feb 2006 20:18:38 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1815 While I think it is great that there are people and institutions that are willing to stand up against this... I do not think that it is going to stop it. Heck, if private entities are going to be allowed to use the government to steal property, they will also be allowed to use the government to get financing... it is happening in Indianapolis! The owner of the Indianapolis Colts has forced the city (and now state) to build a new stadium. This new stadium has already been founded on eminent domain, without too much fuss. The city become quite fed up, though, when they were trying to take land from a business for parking spaces. The business was willing to give up all land that it didn't need for operations, but that was not enough. Now, the Colts owner is in need of a loan, so the city is taking out bonds to get the money, and the Colts owner will be paying this back at a much lower rate than otherwise possible! While I think it is great that there are people and institutions that are willing to stand up against this… I do not think that it is going to stop it. Heck, if private entities are going to be allowed to use the government to steal property, they will also be allowed to use the government to get financing… it is happening in Indianapolis! The owner of the Indianapolis Colts has forced the city (and now state) to build a new stadium. This new stadium has already been founded on eminent domain, without too much fuss. The city become quite fed up, though, when they were trying to take land from a business for parking spaces. The business was willing to give up all land that it didn’t need for operations, but that was not enough. Now, the Colts owner is in need of a loan, so the city is taking out bonds to get the money, and the Colts owner will be paying this back at a much lower rate than otherwise possible!

]]> By: Bob McCarty http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1739 Bob McCarty Sun, 05 Feb 2006 19:30:12 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1739 TWO TYPES OF "E.D." If you mention the subject of "E.D." to a man, he will either get upset or get embarrassed. Why? Because there are actually two types of E.D., and neither one is good. One involves the use of the law to take private property for the so-called “greater good” – it’s called “eminent domain.” The other is a medical condition – erectile dysfunction – that no man on the planet wants to experience. Believe it or not, the property-stealing E.D. has a lot in common with the medical condition E.D: In one case, someone’s getting screwed. In the other, he's not. TWO TYPES OF “E.D.”

If you mention the subject of “E.D.” to a man, he will either get upset or get embarrassed. Why? Because there are actually two types of E.D., and neither one is good.

One involves the use of the law to take private property for the so-called “greater good” – it’s called “eminent domain.” The other is a medical condition – erectile dysfunction – that no man on the planet wants to experience.

Believe it or not, the property-stealing E.D. has a lot in common with the medical condition E.D: In one case, someone’s getting screwed. In the other, he’s not.

]]> By: Gary Bourgeault http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1733 Gary Bourgeault Sun, 05 Feb 2006 05:00:14 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1733 While the stand may be symbolic, just the buzz that it caused is worth it. There have even been suspect eminent domain moves in government related seizures. When you add the private sector into the mix, who knows where it will take us and the mischief it will cause. While the stand may be symbolic, just the buzz that it caused is worth it. There have even been suspect eminent domain moves in government related seizures. When you add the private sector into the mix, who knows where it will take us and the mischief it will cause.

]]> By: Will Kirby http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1617 Will Kirby Sat, 28 Jan 2006 16:30:26 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1617 While it won't make much impact, it's nice to see that someone's taking a stand against this. While it won’t make much impact, it’s nice to see that someone’s taking a stand against this.

]]> By: SMB http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1568 SMB Fri, 27 Jan 2006 16:46:24 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1568 Good for BB&T! The idea that my property could be seized so that pricey condos could be built in its place makes me furious. Good for BB&T! The idea that my property could be seized so that pricey condos could be built in its place makes me furious.

]]> By: jim http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1567 jim Fri, 27 Jan 2006 16:11:25 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1567 Shoot, I heard this on NPR and the other day I was trying to remember what BB&T did so I could right about it. hahahah arggg. Shoot, I heard this on NPR and the other day I was trying to remember what BB&T did so I could right about it. hahahah arggg.

]]> By: MoneyDummy http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/comment-page-1/#comment-1563 MoneyDummy Fri, 27 Jan 2006 14:37:27 +0000 http://www.fivecentnickel.com/2006/01/27/bbt-takes-a-stand-on-eminent-domain/#comment-1563 It's too bad BB&T has taken this position. As you said, it won't affect many lending opportunites, but I was pleased to see the entrepeneur (or civil activist, whichever way you look at it) who came up with this idea calling BS on this ruling. While I'd hate to see a supreme court justice be humiliated and lose his home, I was outraged at the ruling (as a lot of us were) and I found this idea perfect in its just irony. It’s too bad BB&T has taken this position. As you said, it won’t affect many lending opportunites, but I was pleased to see the entrepeneur (or civil activist, whichever way you look at it) who came up with this idea calling BS on this ruling. While I’d hate to see a supreme court justice be humiliated and lose his home, I was outraged at the ruling (as a lot of us were) and I found this idea perfect in its just irony.

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