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21%  
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  • Property Rights Are No Slam-Dunk

    12/03/2009 5:44:52 PM PST · by Kaslin · 11 replies · 1,013+ views
    Investors.com ^ | December 3, 209 | INVESTORS BUSINESS DAILY staff
    Eminent Domain: Four years after the Supreme Court told a Connecticut homeowner that no one's house is safe from developers, Brooklyn homeowners may lose their homes to a pro basketball team. On June 3, 2005, by a 5-4 margin, the U.S. Supreme Court effectively repealed the 5th Amendment to the U.S. Constitution, deciding that your constitutional right to be secure in your home didn't matter if your state or community decided your property could produce more revenue as a shopping mall or condominium development. Pfizer coveted Susette Kelo's working-class neighborhood for an office park and condominium complex. The city fathers...