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Your home isn't safe from Wal-Mart
From CNN/Money:
The Supreme Court's decision Thursday clarified that local governments may seize people's homes and businesses -- even against their will -- for private and public economic development.
[...]
"Wal-Mart and Target have both been criticized for their eminent domain use," said Burt Flickinger, a consultant with the Strategic Resources Group.Meanwhile, eminent domain opponents called the high court ruling a "big blow for small businesses."
While companies like Wal-Mart have been using eminent domain to seize private land in the past, this is a big step in the wrong direction, and means that nobody is safe from Wal-Mart anymore.
If your town wants a Wal-Mart and your house is in the way, you better start looking for a new house or better start working to keep Wal-Mart out.
Posted by Brendan - June 24, 2005 03:39 PM - Hard to Believe