Me-thinks a bit of the problem is the careless use of the word property.
As a BDSM site we should know better.
I'll just skip past the sticky wicket of banning the writer and clinging to the writings, that seems just... never mind I'll skip it.
No one is disputing the idea that you own what you write.
The crux of the problem seems to be how much control you have over your property once you have voluntarily posted it here. The sites position is you have given up exclusivity rights forever. Unless a bored lawyer or (as craven points out) an entity with very deep pockets (a publisher) wants to dispute the matter that is the way it will rest.
Two words of advice.
1)To the writers, don't post what you hope to sell, publishers frown on it.
2) To the administers, don't use the words ownership and property carelessly, it rankles the hordes.
and yes I'll still post stories again, but just short ones for entertainment.
Mad Lews