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Showing posts from November, 2013

A Tale of Two (or more) Cities: Can the Government Use Eminent Domain to Save Homeowners from Drowning In Loan Debt?

This is a loaded and, to date, not a fully answered question.  However, the idea has support from a Cornell University Law Professor and at least two cities within the last year, Irvington, New Jersey and Richmond, California, have considered implementing such a plan.

Irvington, New Jersey and Richmond, California could not be much further apart geographically, but both have suffered the same economic woes that would find this type of plan attractive.  Irvington falls within the New York City metropolitan area.  At one point, Irvington was ranked 17th nationally in population density. Several have moved out of Irvington with the population falling from 60,000 in 2000 to 53,000 in 2010. Irvington's biggest problems are high unemployment, crime, and blight.  Since 2008 nearly 1800 homes have been foreclosed.  

Richmond, California is located near San Francisco.  Its economy is made up of heavy industry and shipping and while Richmond has actually seen its population increase in the la…

Transportation Efficiency v. Safety: The Debate on Oil Transportation Continues

The transportation of oil, gas, and other hydrocarbons certainly has sparked debate.  All methods have its own sets of benefits and safety issues and concerns.  Arkansans are certainly familiar with the Mayflower pipeline break and spill that occurred earlier this year. Alabama citizens now are watching the last of the flames from a oil rail line accident and spill.  Efficiency, safety, and cost certainly play into the debate in some way.  
I would be interested in hearing reader opinions on the hotly contested issue related to the transportation of oil and this article on rail transportation and the recent derailment in Alabama will set the stage.  Is pipeline transportation safe, or just relatively safe compared to the alternatives?  
C. Michael Daily is an attorney with the long-established law firm of Daily & Woods, P.L.L.C.  Mr. Daily can be contacted by telephone at 479-242-3953, by email at mdaily@dailywoods.com, or by regular post at 58 South 6th Street, Fort Smith, Arkansa…