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Re: Dollars1 post# 305484

Wednesday, 07/08/2015 8:00:01 AM

Wednesday, July 08, 2015 8:00:01 AM

Post# of 798704
The Net Worth Sweeps epitomize the “paradigmatic taking”: “a di- rect government appropriation ... of private property.” Lingle, 544 U.S. at 537. Each quarter, with no end in sight, the Government takes the Companies’ net worth for its own use. Under our Constitution, that is a taking.
This conclusion in no way hinges on whether the Government actual- ly takes legal title to the stock. A taking occurs if the Government takes funds “linked to a specific, identifiable property interest such as a bank