BB&T Right Not To Lend to Eminent Domain Developers

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BB&T cannot be praised highly enough for its decision not to lend
money to developers who acquire land through eminent domain.

BB&T’s new policy is a perfect response to the horrific decision
reached by the Supreme Court last year on Kelo v. City of New London.


The remarkable fact about BB&T’s decision is its understanding
that the company’s long term success–as well as the success of its
clients–requires that they take a stand in defense of private
property rights.

America needs more companies like BB&T that have the wisdom and
courage to defend individual rights. The survival of our freedom and
our capitalist system may well depend on that.

”’Dr. Yaron Brook is the executive director of the Ayn Rand Institute in Irvine, CA”’