American Conservative Daily Your daily dose of conservative offsets to combat annoying liberal global whining.

• • Home
  • About ACD
  • Interactive Polls
  • Join/Post
  • Media Relations
  • Quick Start
  • T-shirt Straw Poll
  • Terms Of Use
    • Book Reviews (General):
    • Communication/Email
    • Copyright:
    • Email Use Policy:
    • Moderators
    • Posting Comments
    • Responsibility of Authors:
    • Submission of Material:
    • Syndication:
    • Trolling Defined
• Conservative Shop
• RSS

BB&T Refuses Money To “Eminent Domain” Developers

J.J. Jackson* | February 3, 2006 

This is some good news on eminent domain:

CHARLOTTE, N.C. (AP) — Regional bank BB&T Corp., one of the nation’s largest financial institutions, will make no loans to developers who plan to build commercial projects on land taken from private citizens by the government through the power of eminent domain, the company said Wednesday.

“The idea that a citizen’s property can be taken by the government solely for private use is extremely misguided, in fact it’s just plain wrong,” John Allison, the bank’s chairman and chief executive, said in a statement. - Business Week

Abuse Of Power: How The Government Misuses Eminent Domain (Book) Authors:Steven Greenhut Manufacturer:Seven Locks Press Released:30 June, 2004

Constitutional Chaos : What Happens When the Government Breaks Its Own Laws (Book) Authors:Andrew P. Napolitano Manufacturer:Nelson Current Released:11 November, 2004

Contributor's website: http://www.libertyreborn.com




*Content posted by a user may not be completely written by that user. Content from another source is cited in either block quotes, with quotes or with a link to the original material. Content from other sites is posted for commentary and news purposes under fair use. Each user is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or it's owner.