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Is "The Land of No" Good or Bad for East Hampton Village?

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The Wall Street Journal ran an article yesterday detailing how East Hampton is known as the "Land of No." There are Byzantine rules and regulations for everything from parking, liquor laws, and of course the menace of unleashed dogs on the beaches. This leads to an unfriendly vibe that discourages vacationers. Of course, clamping down on unbridled development has kept East Hampton a charming, quaint village, but it also helps prevent new independent businesses from opening instead of the chains that line Main Street. What do you think? Should the village ease up on rules to encourage local small business, or is being the Land of No good for East Hampton? Let us know in the comments.
· Cheers, Jeers for Long Island's 'Land of No' [WSJ]