Published October 31, 2014 by Democracy Now! The oil giant Chevron is being accused of attempting to buy the city government of Richmond, California. The company has spent more than $3 million to back a slate of pro-Chevron candidates for mayor and city council ahead of Tuesday’s election. According to a report in the Los […]
Richmond, California on Wednesday approved a bold plan to use the authority of the municipal government’s ’eminent domain’ laws to help underwater homeowners.
Richmond, city officials are using eminent domain to force big banks to stop foreclosing on people’s homes in an innovative new strategy known as ‘Principle Reduction’ aimed at addressing California’s burgeoning housing crisis.