the courts must determine whether the claimants have constitutional “private property” in the entitlements allegedly taken. Should that determination be made with federal law, with the law of
" The picture the opinion paints isn't a good one: the government appeared to be obstreperous, and intent on making the conduct of the litigation hell for the property owner, despite the just compensation here being only $37,586. A significant amount for sure, but not worth going to war ...
The last thing I would want to bring up is kind of a bigger picture one. Ray Dalio recently talked about the debt and the size of it. We’ve had others like Gundlach come in and talk about how they don’t find bonds attractive here because of what might be coming as a result...