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What if you were told to sell or have it taken
#7
Here's an even worse case of how the government unjustly takes property. Suppose you own rights to a valuable block of coal reserves and the state decides to build a road on the surface above the coal.

To protect the road, the state decides that only 35% of the coal in the area beneath and adjacent to the road can be mined and also decrees that whoever mines the coal must fill the mined out area with material such as concrete to further ensure that the roof does not collapse and damage the road.

Because of the restriction placed on mining, it is no longer economically feasible to mine the coal. In other words, the state has taken away the value of your property without compensating you for the loss. Amazingly, the courts have ruled that this practice does not constitute depriving you of property, so you are not entitled to compensation.

State and federal regulations deprive individual of property rights everyday in ways that most people never think about. The most obvious cases involve condemning surface property but the less obvious taking of confiscation or sterilization of property rights usually receive little attention by the general public.
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What if you were told to sell or have it taken - by Hoot Gibson - 02-12-2011, 08:00 PM

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