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2023-04-09 -Great Cultural Revolution

Private property may need to be seized by federal government, corporations to advance climate initiatives, says JPMorgan CEO

[The Blaze] JPMorgan Chase CEO Jamie Dimon recently suggested in his annual letter to shareholders that the federal government and large corporations may have to seize private property from U.S. citizens to advance climate initiatives, which he claimed are not being implemented fast enough to avoid potential climate-related crises.

According to Dimon's Tuesday letter, in order to acquire "adequate investments fast enough for grid, solar, wind and pipeline initiatives," governments and businesses may need to implement "eminent domain."

Eminent domain is the ability of the government to take private property and convert it for public use following just compensation to the property's owner.

Dimon argues that private properties may need to be seized to permit green energy projects and grow the nation's grid infrastructure. He expressed concern about having limited time to tackle the climate crisis and noted that not enough resources are being invested in green initiatives. Therefore, Dimon argued, it may be the right time to consider invoking eminent domain to avoid climate-related disasters.

Posted by Besoeker 2023-04-09 02:06|| || Front Page|| [23 views ] Top

Sorry about those property and school tax increases. The country seems to suddenly be awash in newly arrived school-age children. New indoctrination centers must be built !

Climate change? No, it's got nothing to do with 'climate change' but you knew that.

Posted by Besoeker 2023-04-09 03:28|| 2023-04-09 03:28|| Front Page Top

#2 I great message to the deplorables would be to seize the property of Dimon, Congress, Soros, John Kerry … anyone advocating climate change

Posted by Airandee 2023-04-09 06:51|| 2023-04-09 06:51|| Front Page Top

#3 Ironic, isn't it. Utilities have always had imminent domain to build necessary infrastructure, but many such projects are stifled by environmental 'issues'. Now the climate envrio cult will push their own 'essential' necessary projects. But the old 'birds and bunnies' crowd will be pushed aside.

Posted by Bobby 2023-04-09 08:20|| 2023-04-09 08:20|| Front Page Top

#4 large corporations may have to seize private property from U.S. citizens to advance climate initiatives

So now they say the quiet part out loud. Lare corporations are at the apex of power, F..the citizens.

Posted by AlanC 2023-04-09 09:58|| 2023-04-09 09:58|| Front Page Top

#5 I guess Bill Gates must be up.

Posted by Cesare 2023-04-09 10:13|| 2023-04-09 10:13|| Front Page Top

#6 All the private property on the planet can't pay off the debt mess gerbil politicians have made.

Posted by M. Murcek 2023-04-09 10:22|| 2023-04-09 10:22|| Front Page Top

#7 Not for climate insanity, but I recall about 20 years ago when some New England jurisdiction pulled that eminent domain b.s. on some residential area to build a shopping mall (private to private, not a highway or something more 'public'), and they justified it by claiming the tax revenue was worth the endeavor.

Kelo v City of New London

Posted by DooDahMan 2023-04-09 10:51|| 2023-04-09 10:51|| Front Page Top

#8 I remember the Kelo v New London case. Some opponents suggested the homes of the Supreme Court justices who ruled in favor of that travesty be seized and converted into Bed and Breakfast's as the tax revenue would justify it.

Posted by R. U. Terwilliger 2023-04-09 12:02|| 2023-04-09 12:02|| Front Page Top

#9 The "greater good" is usually neither.

Posted by M. Murcek 2023-04-09 12:04|| 2023-04-09 12:04|| Front Page Top

#10 Big deal around here… huge expanses of farm land being leased for solar, mostly due to property tax wheeling and dealing- cities will have electricity but nothing to eat…

Posted by Glenmore 2023-04-09 18:41|| 2023-04-09 18:41|| Front Page Top

09:04 Rex Mundi
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