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(The Year 2012 In Review)
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|User Info||Private Property Now Subject To Seizure; entered at 2011-12-18 16:12:36|
Registered: 2009-02-17 Hyper-Speculative Psycho-Facsistic Parabolic Blow-Off
This creates a HUGE problem for family farmers. Many store their grain at the local grain merchant. They have a receipt for it. Now with this I guess you would be ruling that the grain is no longer theirs but rather a debt owed to them by the grain dealer. So the farmer could go ahead and deliver the grain and hedge his position thru a brokerage. Whoops, you can't trust that.