Adventures in My Mind
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Jun 23, 2005
CNN.com - High court OKs personal property seizures
This is good news for all you Uber Capitalists out there in blogdom. This is not, however, good news for anyone who thinks that the government should not be in the business of redistributing wealth, especially as it flows from the poor to the wealthy.
Land developers and real estate financiers already have about all the power they need to move their latest waterfront developments through local governements and zoning boards who would sell out their mothers for greater tax revenues.
Once upon a time, private developers used to have to come up with a fair price to own your land. They used to have to go to the council meetings, schmooze the zoning board, talk to their investors. Now, though, they can convince your local government that their project is a community development project and put up Quizno's where your house used to be. All sides, except probably you, can then call it good for the community.
And how does the conservative block, who almost always favor big business, come down against eminent domain and the progressive block find this to be an acceptable practice? How did this little role reversal come about. Have we finally slipped irretreivably over the abyss into Bizzaro World?
Help! Jane! Get me off of this crazy thing!
0 Comments | Link to this post posted by Teddy 2:38 PM
