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Eminent Domain
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 63278011:MV8zMTAwNDUwXzU1MjQzMTcyXzQ4OTJEMDgx] [quote:Anonymous Coward 71542418:MV8zMTAwNDUwXzU1MjQzMTEyXzFFQzg3NzA3] Well, considering the fact that personal property is a myth and you really don't OWN anything, look at it as surrendering what you thought was yours to it's legitimate owner. [/quote] "In a depression, money returns to its rightful owners." JP Morgan [/quote]
Original Message
Eminent domain is used by the government and wealthy individuals. Pipelines, casinos, stadiums, beach front property and for ransom against government for BIG $$.
In California tech billionaire Vinod Khosla bought a beachfront property in 2008 and closed the only road to get to Martins beach essentially making it private. After an eight-year legal battle Khosla said he would re-open the road if the state paid him 30 million dollars. The state has refused his offer and has not used Eminent Domain to re-claim the road, which raises the question, why isn't Eminent Domain used to take property from the wealthy?
Donald loves Eminent Domain. He explains that property owners get 3 or 4 times the value when selling their property but what he doesn't say is what profit the wealthy make from using Eminent Domain.
We live in a world of haves and have nots and apparently the haves have got much better lawyers.
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