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do you think the FED will do QE3 sometime this year?
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<p>[QUOTE="fatima, post: 1414059, member: 22143"]OK using your own case, Kelo vs the City of New London and the fact that you now wish to consider state & local goverments. I cite Wikipedia on this case:</p><p><br /></p><p><i>[highlight]...By July 2007, 42 states had enacted some type of reform legislation in response to the Kelo decision. Of those 42 states, <u>21 enacted laws that severely inhibited the takings allowed by the Kelo decision</u>.[/highlight]</i></p><p><br /></p><p>The case you cite, the one you used as an example, proved what I said exactly about the change in society, legal precedent, and economics. The Kelo taking is now illegal in those states and possibly more by now since that was 5 years ago. Anyone who simply "assumed" that because it could happen in 2005 means it could happen now, is simply wrong. Don't expect me to prove your examples for you as you apparently didn't even bother to look into the subsequent reaction to that "precedent". (even favorable precedents can cause change). </p><p><br /></p><p>For anyone to state that because FDR could take gold in 1933, then simply ignore close to 80 years events and conclude that it can as easily happen now, is offering up a misguided opinion. I will point out that in comparison Kelo and subsequent change happed only a small amount of time ago.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1414059, member: 22143"]OK using your own case, Kelo vs the City of New London and the fact that you now wish to consider state & local goverments. I cite Wikipedia on this case: [i][highlight]...By July 2007, 42 states had enacted some type of reform legislation in response to the Kelo decision. Of those 42 states, [U]21 enacted laws that severely inhibited the takings allowed by the Kelo decision[/U].[/highlight][/i] The case you cite, the one you used as an example, proved what I said exactly about the change in society, legal precedent, and economics. The Kelo taking is now illegal in those states and possibly more by now since that was 5 years ago. Anyone who simply "assumed" that because it could happen in 2005 means it could happen now, is simply wrong. Don't expect me to prove your examples for you as you apparently didn't even bother to look into the subsequent reaction to that "precedent". (even favorable precedents can cause change). For anyone to state that because FDR could take gold in 1933, then simply ignore close to 80 years events and conclude that it can as easily happen now, is offering up a misguided opinion. I will point out that in comparison Kelo and subsequent change happed only a small amount of time ago.[/QUOTE]
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do you think the FED will do QE3 sometime this year?
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