Supreme Court Says: You Don't have Property Rights!

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There is an excellent discussion which I participated in over at Watchblog.com regarding the Supreme Court's ruling that state and local governments may force the sale of your home or any real estate holdings if either 1) the general public interest would benefit or 2) wealthy individuals or businesses can demonstrate their use of the property would provide a greater benefit than your use of it. Eminent domain has lost its last ounce of constraint and has negated all notions of private property rights. The idea that you own your home and land it sits on is now an illusion you maintain at the pleasure of the government.

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Update: The NY Times has picked up on this extremely hot poiltical news in its article entitled: Justices Uphold Taking Property for Developing.

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This page contains a single entry by David R. Remer published on June 24, 2005 4:38 AM.

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