Richmond, California set a trend for using eminent domain to take over underwater mortgages. It has been a controversial program that has been winding its way through the courts and is now the undercurrent of campaign mailers.
The National Association of Retailers have gotten involved in the Richmond City Council races because of eminent domain. The Realtors are supporting candidates who oppose eminent domain.
Posted inactivism, campaigns, legislation trend, private property rights
Resfreshing our recollection, two professor types published a paper for Mercatus Center at George Mason University. Their conclusions did not favor eminent domain and has become an anthem for property rights advocates. The Editorial Board at The Oklahoman took an economic spin from the research, and write about optimistic economic development projections, that often fail to take into account opportunity costs. The Editorial Board pushes for more protections for property owners. <... The author of the forth coming book, The Grasping Hand: Kelo v. City of New London and the Limits of Eminent Domain , is touring the country speaking about eminent domain. This will… Private pipeline companies exercising eminent domain for common carrier pipelines isn’t only a Texas issue. A Lt. Gov. candidate in Massachusettes also raises the same private property rights concerns that draw the attention of Texas land owners. The Massachusettes candidate also throws in environmental concerns, but the private property rights concerns are identical. [The Recorder] The first public meetings about the privately funded, high speed rail proposed for Texas began this week. The Dallas Morning News reports that the company developinghigh speed rail has eminent domain authority. Its a combination of words that do not sit well with private property rights activists: private, company, eminent domain, and development. [Dallas… A proposed new toll road in North Texas by the Texas Turnpike Corporation has garnered the attention of activists. Lots of activists. A public forum was shut down by the Fire Marshall. The next public forum included heated and vocal opposition. Last week there was an organized protest by Texas TURF. And now Breitbart, the same organization for which Michael Quinn Sullivan writes, posted in opposition to the toll road. Besides the disdain for toll roads, the proposed North … Thousands of years ago salt was a valuable commodity. Empires were built on salt. Today, the Tax Foundation uses a George Mason University Eminent Domain Paper to empirically state that eminent domain is not worth it. The Tax Foundation highlights that eminent domain has a negative relationship with economic revenue growth. “The gamble against private property rights rarely pays off.” Hear that sound? It’s the printers of private property rights advocates printing this pa… Odds are high every member of the Texas Legislature will receive a copy of this George Mason University Mercatus Center Paper, “Takings and Tax Revenue: Fiscal Impacts of Eminent Domain.” This academic paper details the use of eminent domain and resulting impact to government. [Synopsis of the Eminent Domain Paper for 2015]
Posted incompensation, economic development, legal trend, legislation trend, private property rights
The meat of this article is that private proeprty rights are the foundation for the market economy. The authors then work their way through the landmark 2005 Kelo case and note that Kelo’s property was never used for the economic development purpose for which it was taken. But rather, Kelo’s property was used for refuse from 2011 hurricane Irene. RealClearPolicy also highlights the 2014 Economic Freedom of the World Report that the U.S. fell to 36th for its legal system and privat… Merrill Matthews writes that the proposition to ban fracking within the city limits of Denton has broader implications. The ban would fuel a public relations campaign for environmentalists. The ban would also give rise to inverse condemnation claims for property owners to argue that the ban denied them full use of their property to earn royalties. It’s a sticky situation.
Posted incampaigns, inverse condemnation, pipelines/common carriers, private property rights
The Oklahoman Editorial Board: Eminent Domain Should Be Narrowly Tailored
Eminent Domain Book Tour In Progress
Eminent Domain Campaign Trend
High Speed Rail Meets Eminent Domain
Breitbart: No Toll Roads by Texas Turnpike Corporation
Tax Foundation: Eminent Domain Not Worth Its Salt
Private Property Rights Proponents Will Memorize this Paper
RealClearPolicy Asks: Does Eminent Domain Raise Revenue?
Will a Fracking Ban Lead to Inverse Condemnation Law Suits?