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2006-01-26 Home Front: Culture Wars

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Posted by .com 2006-01-26 03:49|| || Front Page|| [11130 views since 2007-05-07] Top

#1 Of course this means taxpayer money should be used for loaning to businesses to build on lands seized by eminent domain.
sarc
Side note: flood control and disaster recovery are generally appropriate applications for using eminent domain.

Posted by Glenmore">Glenmore 2006-01-26 07:49|| 2006-01-26 07:49|| Front Page Top

#2 But Maureen L. McAvey, a senior fellow at the Urban Land Institute, a developers' organization based in Washington, said that it was odd that a bank would not want to judge each case on its merits to see if the forced sale of property was justified.

Based in Washington eh? Kinda high priced area for your ULI effort ain't it Maureen. An "odd" place to set up camp for such a worthy organization.

Posted by Besoeker 2006-01-26 08:04|| 2006-01-26 08:04|| Front Page Top

#3 But....it's a corporation! How could they have ethics?

Posted by Desert Blondie 2006-01-26 08:59|| http://azjetsetchick.blogspot.com ]">[http://azjetsetchick.blogspot.com ] 2006-01-26 08:59|| Front Page Top

#4 How could they have ethics?

They don't. Just a good marketing department.

Posted by Nimble Spemble 2006-01-26 10:53|| 2006-01-26 10:53|| Front Page Top

#5 "It's curious that a major financial institution would choose to be both judge and jury"

Not judge and jury, kiddo - they're not connected to the Gubmint. Just business men making a business decision: That if these gubmint yahoos will steal from you via ED perversions, they'll steal from me somehow. So fuck 'em from the get-go.

Posted by mojo">mojo 2006-01-26 12:15|| 2006-01-26 12:15|| Front Page Top

#6 "They don't. Just a good marketing department."

Unless the idea spreads... and it just might. I'll happily say that I don't much care about their motivations, if their actions yield good results. More, please.

Posted by .com 2006-01-26 12:18|| 2006-01-26 12:18|| Front Page Top

#7 It should spread. It's good marketing, but it's not ethics. Ethics is when you do something not in your self interest because it's consistent with a moral code that guides your actions. This is clearly in the bank's self interest.

Posted by Nimble Spemble 2006-01-26 15:37|| 2006-01-26 15:37|| Front Page Top

#8 Gosh, didn't know that, NS!

It must be my choice of graphic that's bugging you. As I said, I don't actually give a rat fuck about their motivations. The effect, that which actually matters in the real world, is positive. If it's a win-win, fine.

:-)

Posted by .com 2006-01-26 15:46|| 2006-01-26 15:46|| Front Page Top

#9 Actually its probably real strategic thinking. They know with the change in population on the SCOTUS, someone is going to challenge in court the acquisition in this manner of land again. And good betting would be that the court is going to find that it overreached itself. That means any investment would be tied up in court proceedings for years which could be bringing a better return on investment elsewhere in the market. And if they gamble and lose, the harmed party has claim to not just the costs of the case and the return of the land, but can expect to go before a jury demanding 'pain and suffering'. Yeah, big mean bankers and investors are the 'victim', that'll sell. Anyone worth his fiducial responsibility won't touch these things.

Posted by Whase Omolusing4354 2006-01-26 17:40|| 2006-01-26 17:40|| Front Page Top

#10 It's both ethics and marketing.

Allison, the chairman of that bank, has been requiring for many many years a focus on values (such as reason and profit) and virtues (such as honesty, integrity, and productivity) in the company.

NS you are dead-wrong in asserting that ethics is only involved when one is not acting in one's self-interest. You're following Kant and his minions, but Kant's ethics is not the only game in town.

Posted by Kalle (kafir forever) 2006-01-26 20:19|| http://radio.weblogs.com/0103811/categories/currentEvents/]">[http://radio.weblogs.com/0103811/categories/currentEvents/] 2006-01-26 20:19|| Front Page Top

#11 I should have linked to Manny.

Posted by Nimble Spemble 2006-01-26 20:33|| 2006-01-26 20:33|| Front Page Top

#12 Whase - my thoughts exactly!

Posted by 2b 2006-01-26 21:27|| 2006-01-26 21:27|| Front Page Top

#13 Bravo to BB and T: I bank there and never had a problem with them which, when it comes to banks, is a good thing.

Posted by Ptah">Ptah 2006-01-26 21:30|| http://www.crusaderwarcollege.org]">[http://www.crusaderwarcollege.org] 2006-01-26 21:30|| Front Page Top

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