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Politics : Politics for Pros- moderated

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From: LindyBill11/7/2005 3:04:03 AM
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Eminent Domained
Ace Of Spades
The city of Oakland is seizing land that has been occupied for more than fifty years by a locally-owned tire shop. Why? To give it to mega-retailer Sears. So Sears can open up its own tire shop.
foxnews.com

One thing to keep in mind as you read about these cases: "Fair market value" means fair market value for the land the business sits on. If you happen to run a business on that land, the city is under no obligation to compensate you for loss of income, or to cover the costs of reopening your business elsewhere.
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