Sunday, February 12, 2006

All Hail Walmart

Folks,

You know I do not share the objections of the WalMart-bashers, since I thing
they are one of
the "conservators" in fact the best in the retailer class of lowering the cost
of items so more
people can have access to material benefits.

I do object to the relatively new policy of getting local government to use
eminent domain to
condemn and seize private property for the benefit of another private property
owner (see the
kelo rulings).

Previously Walmart had to face a small landowner who could charge walmart a
superpremium
to build near or in town. Therefor walmart kept their stores way out of town.
Good enough.

Now city councils are tripping over each other to entice walmart in by stealing
from citizens
their property to they can get walmart's superior tax receipts. To spend on
whatever... now
walmart is considering banking...

http://tinyurl.com/cdzln

and speaking of tax receipts... here is a pretty good "oops..." Notice the
bias... not clerical
error or greed or dull unawareness is the problem... but a house valuation is
the problem.

http://tinyurl.com/dcus4

John


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