the part of letter that can be interpreted as a 'threat'

Reader comment on: Nocera On The Eminent Domain Mortgage Grab

Submitted by Robert Leonard (United States), Jul 11, 2012 15:06

We expect that credit availability for home purchases and refinancing of all San Bernardino loans would be significantly compromised if this plan would be put into effect. This impact would be borne by those very homeowners and communities that the proponents of this plan claim they are trying to help. If eminent domain were used to seize loans, investors in these loans through mortgage-backed securities or their investment portfolio would suffer immediate losses and likely be reluctant to provide future funding to borrowers in these areas.

I'm not sayin this IS a threat, merely that it is easy to interpret it as such

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Other reader comments on this item

Title By Date
Food for Thought on this Critical Thinking Deficient Social Policy [241 words]Mario DelgadoJul 14, 2012 11:14
⇒ the part of letter that can be interpreted as a 'threat' [103 words]Robert LeonardJul 11, 2012 15:06
why ...the eminent domain power of government needs to be brought to bear (collective action problem) [55 words]Robert LeonardJul 11, 2012 12:06

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