Bush Condemned Property Via Eminent Domain to Build Rangers Stadium - And Made $14 Million Off the Deal

Pensito Review � Bush Condemned Property Via Eminent Domain to Build Rangers Stadium - And Made $14 Million Off the Deal: "Posted November 5th, 2005 at 12:48 pm by Jon

Governing elite: The recent Supreme Court decision that allows local governments to use eminent domain to evict property owners in order to use their property for private development set off a howl on the Right.

[It was the first time in Texas history that the power of eminent domain has been used to assist a private organization like a baseball team.”]

To counter the ruling, Republicans in Congress are working on legislation that would cut off all federal funding to local governments who use eminent domain to evict property owners.

The president may have a hard time keeping a straight face when he signs the bill, however. In his past life as a baseball team owner, Mr. Bush profited from exactly this sort of eminent domain eviction - to the tune of $14.3 million. ...