[VIDEO] ‘Confiscation without Compensation’: Laura & Marvin Horne’s Supreme Court Victory in the Federal Government Raisin FightPosted: June 23, 2015
Aaron Ross Powell writes: Markets are much more than multinational corporations, banking firms, and stock brokerages on Wall Street, though all of those things are the result of a market system.
Sound economies, from the biggest multinational banks to a child’s sidewalk lemonade stand, operate on the principles of private property and exchange. These concepts are the building blocks of free societies, and it is the system of countless small trades, taken as a whole, that we call “the market.”
Glen Morgan reports: Seattle’s city council voted unanimously Monday to use eminent domain to take private property. They say they must seize the private property, which is currently being used as a parking lot, in order to turn it into … a parking lot. (Here is the link to the original notice). Local station Q13Foxnews discussed this story here.
In addition to eminent domain abuse, the City of Seattle has recently been in the news for hiding public records, and sinking the farm boat. The common thread among all three of these stories is that, in Seattle, central planning takes priority over people. In this case, they decided it was critically important to seize a parking lot from its 103-year-old owner so that it can be a parking lot. At least this is their stated justification.