The city of Lakewood will host a new Costco, slated to open next year. As you may know, Costco has been a notorious abuser of eminent domain, pressuring cities to employ their sovereign power for their benefit. I thought it was interesting that this article thought to make it a point to mention that this particular store was takings-free. I'm not sure whether it's Costco or cities who are changing their stripes in light of the public's more watchful eye, but I'm glad just the same.
Tuesday, October 2, 2007
One Costco, hold the eminent domain, please
The city of Lakewood will host a new Costco, slated to open next year. As you may know, Costco has been a notorious abuser of eminent domain, pressuring cities to employ their sovereign power for their benefit. I thought it was interesting that this article thought to make it a point to mention that this particular store was takings-free. I'm not sure whether it's Costco or cities who are changing their stripes in light of the public's more watchful eye, but I'm glad just the same.
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