4 ms·
The ol' call-it-blight-and-seize-it trick is what happened in Wisconsin with the holdout landowners for the foxconn factory last year. Here's the top google re
by floatrock 8y ago
The ol' call-it-blight-and-seize-it trick is what happened in Wisconsin with the holdout landowners for the foxconn factory last year.
Here's the top google result for example:
https://www.wisbar.org/NewsPublications/InsideTrack/Pages/article.aspx?Volume=10&Issue=12&ArticleID=26461 https://www.wisbar.org/NewsPublications/InsideTrack/Pages/ar...
Yeah, in wisconsin the post-blight-declaration seizure was through eminent domain instead of bankers and private investors, but honestly, the wisconsin shennanigans really blur that line.
- drugme 8y agoRight - but again, this was part of an eminent domain play. What I was trying to suss out is whether there's any evidence that this is a (widespread, feasible) tactic outside of ED land grabs.