@sarahjeong Jesus.
Richmond, CA is using eminent domain to stop foreclosures. The Obama administration is joining the fight... on the side of the banks.
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@Knitting_Kninja Exactly. This should be a national scandal. I don't know why it isn't. -
@sarahjeong It hurts that they're doing this to Richmond in particular, too. -
@Knitting_Kninja They're targeting Richmond b/c it's the most progressive city in this regard. Everyone else has been scared out of doing it -
@Knitting_Kninja In the wake of the 2009 crisis there was a lot of talk of using these types of tactics to halt foreclosure -
@sarahjeong Like, I know the interstate commerce clause has been broadly expanded, but I'm not sure how it applies here. -
@Knitting_Kninja Oh, the city is usurping Congressional power. I think that's what the claim is. -
@sarahjeong OK, got it. I'm coming off a class in which we discussed the commerce clause a lot, but the article confused me. - 2 réponses de plus
Nouvelle conversation -
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@sarahjeong CA using eminent domain to stop foreclosures. Obama joining the fight... on banks' side: http://www.latimes.com/business/la-fi-eminent-domain-lawsuit-20130809,0,6390434.story?track=rss …Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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