Editor’s Comment: The more people look at it, eminent domain looks like a good option that is fair and reasonable and smokes out the REAL creditor. Thus the Banks are up in arms about it and using every bit of lobbying and political muscle to stop it. But the practicalities of eminent domain might trump […]

Tags: eminent domain, fair market value, fiscal crisis, local government' budget, real creditor
Posted in bubble, Corruption, Eviction, securities fraud |