Tuesday, March 4, 2014

14-03-04 US: Banking fraud - Richmond, CA, and eminent domain

The Stone That Brings Down Goliath? Richmond and Eminent Domain

Tuesday, 04 March 2014 10:09By Ellen BrownWeb of Debt | News Analysis
Mayor Gayle McLaughlin of Richmond, California, in front of a boarded-up house in Richmond, December 20, 2013. Many Richmond residents owe more money on their houses than their houses are worth, but McLaughlin's plan to use of eminent domain to prevent foreclosures has faced significant opposition. (Photo: Jim Wilson / The New York Times)Mayor Gayle McLaughlin of Richmond, California, in front of a boarded-up house in Richmond, December 20, 2013. Many Richmond residents owe more money on their houses than their houses are worth, but McLaughlin's plan to use of eminent domain to prevent foreclosures has faced significant opposition. (Photo: Jim Wilson / The New York Times)READ MORE:http://truth-out.org/news/item/22232-the-stone-that-brings-down-goliath-richmond-and-eminent-domain

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