Eminant Domain, and the Law of Unintended Consquences

(originally posted 16 November 2009)

A Turning Point for Eminent Domain

This is (almost) exactly what happened in Cincinnati. The city took the land from Inn the Wood and Acropolis Chilli, by declairing their area "blighted" and invoking emminent domain, and sold it to another private firm for "economic redevelopment," which then went bankrupt. Now, rather having the blight of two thriving,... well-regarded businesses, we have the economic redevelopment of grass and rubble. The state is not your friend.