Posted on 02/29/2016 9:09:58 AM PST by reaganaut1
I LOST a fortune being a victim of my former city’s ED process. I had 200 feet of river front on a 1 acre parcel. The city said “you didn’t build that” and took it from me to build a river front park. Turned out the city didn’t really need it and sold it for a massive profit and now the property has a multi million dollar house on the property. FU city. FU Trump for supporting ED for private use. FU Kelo Vs Conn. Everything I worked for was TAKEN because some faceless nameless bureaucrat wanted the property and the city backed him up and took it. I did not make a fortune. I got paid what THEY said was “fair” market value which was what I paid for it years prior in one of the USA’s hottest real estate market. I couldn’t buy anything in the city I lived in with the pittance they forced me to take.
I think it is not coincidential that eminent domain is a topic in the campaign.
As it specifically relates to Trump, I side with him. The woman was greedy. He offered her a great price and help with living somewhere else.
It is not a story of “bad Mr. Trump.” It’s a story of a greedy woman.
Eminent domain is here to stay, there will always be cases that are as you describe, and there will be cases where people got paid money for land they didn’t even know they owned and were quite happy.
So let’s get on with the real issues of this campaign. Eminent domain is not one of them.
Tag line.
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