Eminent Domain & Some Books

Their domain, her castle -- America will soon be watching a U.S. Supreme Court battle over a municipal land grab in New London, Connecticut Peter Morton, Financial Post, May 28, 05

[. . . . ] The former whaling city is using the most powerful tool it has: eminent domain -- the constitutional right of governments to take private property ostensibly for the greater public good.

[. . . . ] does a government have the right to take a property, even with compensation, because it wants to sell it to a corporation to boost tax revenue.

[. . . . ] Governments routinely expropriate property for highways and other uses, according to the U.S. Constitution, which labels them "needful buildings." But local municipalities have increasingly been using economics and other reasons, such as environmental concerns, to justify expropriation. [. . . . ]

Peter Foster's recommends some books on businesses in his article about anti-business books, May 27, 05, Financial Post

Peter Hadekel's Silent Partners is about the role of the hapless Canadian taxpayer in funding the floundering Bombardier. Keith McArthur's Air Monopoly is about the saga of Air Canada, the little monopoly that couldn't. Jacquie McNish and Sinclair Stewart's Wrong Way catalogues the travails of National Post founder Conrad Black, while Rod McQueen's The Icarus Factor deals with the multi-billion-dollar missteps of Edgar Bronfman Jr.

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