Word: friede
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Dates: during 2000-2009
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With its palatial d?cor and stunning views of Bangkok, the Rang Mahal restaurant in the Rembrandt Hotel is flashy dining at its finest. And the sumptuousness doesn't stop at the kitchen door. For those who want to eat like royalty, the Maharajah menu?one of three set meals?offers...
Fried, however, contends that even though the funds would be absorbed by transaction costs and taxes if they were deposited into individual accounts, private property should be protected even if it does not hold significant economic value.
During the proceedings, Fried conceded that the interest had no calculable value, but said, “It is a taking even if the just compensation is zero.”
Fried is arguing the case for a conservative policy group, Washington Legal Foundation, which represents two clients who said they would have earned $5 and $2, respectively, if the money had been deposited into individual accounts.
Fried, though, said he disagrees with Charn’s assessment.