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This is a complete load of crap:
Supreme Court Rules Cities May Seize HomesTo be honest, I don't own property but this would make me really think about where I'd buy it.WASHINGTON -- Cities may bulldoze people's homes to make way for shopping malls or other private development, a divided Supreme Court ruled Thursday, giving local governments broad power to seize private property to generate tax revenue.
In a scathing dissent, Justice Sandra Day O'Connor said the decision bowed to the rich and powerful at the expense of middle-class Americans.
The 5-4 decision means that homeowners will have more limited rights. Still, legal experts said they didn't expect a rush to claim homes.
"The message of the case to cities is yes, you can use eminent domain, but you better be careful and conduct hearings," said Thomas Merrill, a Columbia law professor specializing in property rights.
The closely watched case involving New London, Conn., homeowners was one of six decisions issued Thursday as the court neared the end of its term. The justices are scheduled to release their final six rulings, including one on the constitutionality of Ten Commandments displays on public property, on Monday.
Justice John Paul Stevens, writing for the majority, said New London could pursue private development under the Fifth Amendment, which allows governments to take private property if the land is for public use, since the project the city has in mind promises to bring more jobs and revenue.
"Promoting economic development is a traditional and long accepted function of government," Stevens wrote, adding that local officials are better positioned than federal judges to decide what's best for a community.
My thinking on this is that if there was any 'choice' property to be snatched up, some people will re-consider buying for fear that it'll be stolen from them. This is gonna make people want to buy property in area(s) that are out of the way and not near urban centers.
Way to go Justice Stevens - you've just increased 'suburban sprawl' and increased the pressure on people looking to sell property.
What do you bet that in the next week that someone in Congress - Republican or Democrat - will introduce legislation to kill this ruling?
Comments on Supreme Crap
Yeah, i was pretty pissed when i read about this too. what a bunch of bullshit.
|| Posted by ruthie, June 23, 2005 08:54 PM ||This is just absolutely crazy. There are already so many entities that have eminent domain powers: pipeline companies, river authorities, gas companies, electric companies, etc. As it is, different entities already make rulings that effectively render property worthless. Around here, the natural resources commission has declared certain areas natural habitat for "endangered species". The people that have this habitat on their land are not allowed to do anything with the land. They can't even go in and cut cedar trees off. Cedar trees, believe me, are nothing more than a big weed. In essence, then, this ruling has "taken" a person's land away from them. But, in this instance, unlike typical eminent domain, the land owner is not compensated at all. Nice, huh?
|| Posted by Cait, June 26, 2005 09:52 AM ||It is called a "GUN", and is infinitely useful for re-asserting property rights.
(Don't SHOOT THE JUDGE people.)
|| Posted by Yogimus, June 26, 2005 08:41 PM ||http://www.freestarmedia.com/hotellostliberty2.html
|| Posted by Yogimus, June 28, 2005 10:29 PM ||