Real Estate Magnate Capitalizing on Eminent Domain Outrage

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More than a year ago, people and lawmakers across the political spectrum took up arms against eminent domain abuse. The fillip was the Supreme Court ruling that the City of New London could replace a working-class neighborhood with condos, a hotel, and office space related to a Pfizer center.

What alarmed Americans were the evictions of small businesses and working-class neighborhoods for the benefit of corporations and developers. Statehouses rushed to curb the practice. But now the zeitgeist is also being channeled against something else: land-use regulation in general.

Groups backed by Howard Rich, a wealthy New York real estate investor and libertarian activist, have spent about $5 million on initiatives to appear on ballots in four states this November. In California alone, they’ve spent $3.3 million on Proposition 90. If it passes, the state will have to compensate landowners and developers for regulatory actions that diminish the value of their property.

The Sierra Club is against it. So are the editorial boards of 11 newspapers. A land-use lawyer in San Francisco says what backers of Prop 90 really want is “to gut the government’s police power to regulate business, including land use, development, mining, and grazing.”

On the other hand, economist Tim Harford in Slate points out instances when environmental protections backfired. He argues that taxpayers should foot the bill to save nature.

–April Rabkin

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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