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March 23, 2007
New gripe against Barclays
The Brooklyn Paper
Barclays Bank’s partnership with Bruce Ratner is under fire again — but this time not because of the bank’s slavery- and apartheid-linked past.
The New York Libertarian Party is now calling for a nationwide boycott of the British banking behemoth on the grounds that its participation in the Atlantic Yards project is a tacit endorsement of the state’s use of eminent domain to condemn private property and turn it over to a private developer, Ratner.
“Barclays’ participation in eminent domain is an outrage as a private enterprise disrespecting property rights,” said Gary Popkin, the party’s Brooklyn–Queens chairman.
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“To Libertarians, corporate sports welfare and eminent domain abuse are legalized theft, stealing from taxpayers and landowners,” Cooper said. “Barclays chose to become an accomplice of Bruce Ratner. They should both bear the outrage of indignant Americans who favor freedom and justice.”
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Ratner and Barclays declined to comment.
Posted by lumi at March 23, 2007 7:06 AM