Lots of discussion here in Gboro recently about businesses the city should and should not be in—-most notably the shopping center business —-but Richmond, California is taking it to a totally different level — using eminent domain to bail out underwater homeowners.
Note the lefty spin —Richmond is giving banks the middle finger with its daring plan. But somebody please tell me how use of eminent domain in this case is expropriating private property for “public use”?
