Tag "eminent domain"
Back to homepageOne way TX is worse than CA
March 15, 2013 By John Seiler On CalWatchDog.com, we’ve often compared California unfavorably to Texas on taxes, regulations and general business climate. But fairness dictates we should show where California is better than Texas. One area is the abuse of
Read MoreLt. Gov. Newsom threatens mortgage eminent domain threateners
Sept. 10, 2012 By Wayne Lusvardi You read the headline right. California Lt. Governor Gavin Newsom is threatening those who “threaten” to “boycott” any entity of government in California that wants to use eminent domain to seize “underwater” mortgages. Huh?
Read MoreRedevelopment: It’s aliiiiiiiive!
Aug. 29, 2012 By Katy Grimes SACRAMENTO — The California Redevelopment Agency was given the ax in February by Gov. Jerry Brown. Since then, lawmakers have been working as diligently as Dr. Frankenstein to breathe new life back into the
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Newsom attacks property rights
July 30, 2012 By John Seiler Lt. Gov. Gavin Newsom, trying to conjure up something useful from his worthless job, has positioned himself supposedly as a “pro-business” Democrat. He even went to Texas to say how the Golden State could
Read MoreEminent domain mass delusion hits San Berdoo
July 16, 2012 by Wayne Lusvardi A few hundred years ago there was the famous Dutch Tulip Mania of 1637. It was followed by the South Sea Bubble of 1711 and the Mississippi Company Bubble of 1719. In modern times,
Read MoreShould San Berdoo cherry pick underwater mortgages?
July 13, 2012 By Wayne Lusvardi What a ripoff. San Bernardino County wants to use eminent domain to let a private mortgage lender cherry pick “underwater” mortgages without paying damages to the lenders. Doing so supposedly would stimulate the resale
Read MoreSan Bernardino County eminent domain mortgage ripoff
June 29, 2012 By John Seiler Our colleague Steven Greenhut has a column up on Bloomberg on as scam in San Bernardino County: “Officials in San Bernardino County, California, believe they have figured out a clever way to solve the county’s, and possibly
Read MoreCounty, city mortgage grabs could spark new housing crisis
June 21, 2012 By Wayne Lusvardi In San Bernardino, the county has approved using eminent domain to seize bank-owned pools of “underwater mortgages” to get the county out of its over-indebted housing stagnation. The city of San Bernardino has the second highest poverty rate in
Read MoreCourt Knocks Out Eminent Domain
APRIL 28, 2011 By WAYNE LUSVARDI Chalk up one knockout punch for the little guys who oppose eminent-domain abuse. National City in San Diego County blew a $2 million hole in its General Fund budget due to a $7 million
Read MoreNational City Eminent Domain On Ropes?
MARCH 21, 2011 By WAYNE LUSVARDI Just as State Assembly Republicans were pulling their punches to keep eminent domain alive for redevelopment in California, a timely eminent domain case involving the taking of a youth boxing center has emerged in National
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