Wednesday, July 20, 2005

Court rules on eminent domain

I think that the Supreme Court made a really stupid ruling regarding eminent domain. Now those of you who dont know I'll give you a crash course. Eminent domain allows the government to take your property and give you compensation in order to provide a public purpose such as a highway, school, city hall etc. The recent ruling now says that a city can use eminent domain if it will increase the tax base as part of the public purpose clause. I strongly disagree with that. For the first time a private entity ie real estate company could forcibly remove you from your property if they can convince the city that they can provide more tax revenue. Previously the only way this could be done is if the property was in a slum area. Both left wing and right wing groups are upset for different reasons. The left because they dont want corporate america from owning all the property and the right because it violates our rights as property owners.
12:10 AM, July 20, 2005

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