The University of Tennessee law professor known as Instapundit, Glenn Reynolds, has an op-ed piece in the New York Post about Columbia's threat to use state power of eminent domain to seize land in Manhattan for a campus expansion:
Part of the American Dream was the expectation that if you started a business, you might go broke but you didn't have to worry about the government seizing your business on behalf of those with more political juice. That sort of thing was for Third World countries, corrupt kleptocracies where connections mattered more than capability.
Not anymore.