News for hackers. Stuff that matters.

A comment on Richmond’s rules: Why one California town is keeping Wall Street up at night. Parent comment

Re:Richmond’s rules: Why one California town is keeping Wall... by cynicalkane on Sunday October 06, 2013 @09:10AM (#6503982)
The eminent domain plan simply lies about the value of a mortgage, saying it's worth less than not only best accounting practice but the market value required for their plan to work. Kelo doesn't apply because using a clearly unfair valuation in eminent domain is directly against the Constitution.
[ Parent | on HN ]
Re:Richmond’s rules: Why one California town is keeping Wall... by jbooth on Sunday October 06, 2013 @10:20AM (#6504148)
I don't disagree, but the definition of "clearly unfair" floats on the whims of Justice Kennedy.
[ Parent | on HN ]
Re:Richmond’s rules: Why one California town is keeping Wall... by cynicalkane on Monday October 07, 2013 @04:33AM (#6507075)
Only a small fraction of constitutional disputes end in a 5-4 decision, and the ideological divides in those opinions are narrower than op-ed writers would have you believe.
[ Parent | on HN ]
Re:Richmond’s rules: Why one California town is keeping Wall... by zero_intp on Sunday October 06, 2013 @11:40AM (#6504381)
indeed.
[ Parent | on HN ]