ED myths
You can’t make this stuff up:
Indianapolis Mayor Bart Peterson wants to dispel “innacuracies (sic) and stereotypes” about the use of eminent domain for economic development, a practice the U.S. Supreme Court upheld in last year’s notorious Kelo v. New London decision. Last fall Peterson told a Senate subcommittee that when the government threatens to condemn people’s property because it thinks someone else can make better use of it, “a majority of the time, most people agree to sell.”
Well, yeah, under the threat of a boot to the throat, most folks would. More:
“Cities use eminent domain most often as a negotiating tool with property owners,” explained Peterson, who was speaking for the National League of Cities. “Just having the tool available makes it possible to negotiate with landowners.” Sure it does—in the same way just having a gun available makes it possible for a bank robber to negotiate with a teller.
Ouch.
