Category: Kelo

Eminent domain, collective failure: Part 2, the company loses

20 November, 2009 (12:34) | Eminent domain, Kelo, Speculation | No comments

[Continued from yesterday's Part 1.]
 
By: David A. Smith
 
Yesterday we encountered sad New London, Connecticut, whose expansionist dream has died with Pfizer’s announcement it is closing its plant and moving the jobs to nearby Groton.  Some, like The Washington Examiner, see in this a redemptive tale of brave and plucky small property owners standing athwart the [...]

Eminent domain, collective failure: Part 1, the city loses

19 November, 2009 (11:36) | Eminent domain, Kelo, Speculation | No comments

By: David A. Smith
 
The soaring plans for New London’s revitalization finally died last week [November 11, 2009 – Ed.], and in failure’s aftermath the opponents of eminent domain for economic development (ED4ED) cannot resist gloating, as illustrated by this story in The Washington Examiner:
 
Pfizer deserts its monument to corporate welfare
 
No spin there, surely.
 

The little house [...]