CA city to invoke eminent domain on underwater homes?

If the City of Sacramento, California goes through with this, it will surely drive the banks and libertards nuts, and probably reach the Supreme Court.

Let's remember it was a SCOTUS decision in 2005 that let this genie out of the bottle by giving localities the right to invoke the 5th Amendment eminent domain clause for economic development purposes.

Eminent Domain As Underwater Mortgages Fix: Why Some Cities Are Considering Unorthodox Measure

By Peter Goodman

October 1, 2012 | Huffington Post

URL: http://huff.to/RuLex7