A clipping from the article:
"Jeff Finkle, chief executive officer of the International Economic Development Council and Bullock's opponent at the Cato forum, argued that in the modern world, eminent domain is a tool needed to ensure economic development."
"I think communities have the right to use eminent domain for economic development," said Finkle, whose group serves development professionals and is dedicated to advocating development issues. "I would like to point out that most communities do not like to use eminent domain but that it is a tool of last resort."
Please note that isn't a libertarian's critique, that is the argument from our opposition.
Do you agree with his opinion on eminant domain, or do you think he is going to far?
There are so many variables in the use of eminent domain, that I can't give you an answer.
I just think that it is up for the local community to decide and that the property owner get a fair market value for his/her property.