The Supreme Court and Land Grabs
Cox and Forkum nail the recent Kelo decision by the Supreme Court (5-4).
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The Kelo case deals with the rights of property owners and "the good of the community" -- can local governments seize homes and businesses and turn them over to private developers.
Law Professor Glenn Reynolds at Instapundit has been on a roll with lotsa of links on the subject
here,
here with this wonderful comment from a reader:
This ruling leaves open the possibility that the City of Detroit can take away the factories of General Motors (who knows how to lose money) and award them to Toyota (who knows how to make money). Given GM's woefull book value, the factories could be had for literally a steal, and the tax revenues would be immense.
and
here.
Go and read -- I'll be here when you get back!
Posted by DaveH at June 23, 2005 9:56 PM
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