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Tag: Eminent Domain


The Looming Foreclosure Crisis: Local Governments Step In

Mortgage debt overhang from the housing bust has meant lack of middle-class spending power, and low consumer demand is preventing the economy from growing. The problem might be fixed by a new approach from the Fed. But if the Fed won’t act, counties will, as seen in the latest developments on eminent domain and litigation over MERS.

Posted on Jul 7, 2014 READ MORE


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Eminent Domain: The Real Solution to Scumbag Sports Owners

Why aren’t the football, baseball, basketball, hockey and other major sports franchises so many of us so passionately love and support not owned by the communities that give them their life?

Posted on Apr 29, 2014 READ MORE



The Stone That Brings Down Goliath? Richmond and Eminent Domain

Gayle McLaughlin, the bold mayor of Richmond, California, has gone where no woman dared go before, threatening to take underwater mortgages by eminent domain from Wall Street banks and renegotiate them on behalf of beleaguered homeowners.

Posted on Mar 3, 2014 READ MORE


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