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bmovies
11-09-2009, 08:47 PM
Pfizer abandons site of infamous Kelo eminent domain taking

By: Timothy P. Carney
Examiner Columnist

11/09/09 1:47 PM EST

The private homes that New London, Conn., took away from Suzette Kelo and her neighbors have been torn down. Their former site is a wasteland of fields of weeds, a monument to the power of eminent domain.

But now Pfizer, the drug company whose neighboring research facility had been the original cause of the homes' seizure, has just announced that it is closing up shop in New London.

To lure those jobs to New London a decade ago, the local government promised to demolish the older residential neighborhood adjacent to the land Pfizer was buying for next-to-nothing. Suzette Kelo fought the taking to the Supreme Court, and lost. Five justices found this redevelopment met the constitutional hurdle of "public use."

http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Pfizer-abandons-site-of-infamous-Kelo-eminent-domain-taking-69580497.html

Rockntractor
11-09-2009, 08:52 PM
Pfizer abandons site of infamous Kelo eminent domain taking

By: Timothy P. Carney
Examiner Columnist

11/09/09 1:47 PM EST

The private homes that New London, Conn., took away from Suzette Kelo and her neighbors have been torn down. Their former site is a wasteland of fields of weeds, a monument to the power of eminent domain.

But now Pfizer, the drug company whose neighboring research facility had been the original cause of the homes' seizure, has just announced that it is closing up shop in New London.

To lure those jobs to New London a decade ago, the local government promised to demolish the older residential neighborhood adjacent to the land Pfizer was buying for next-to-nothing. Suzette Kelo fought the taking to the Supreme Court, and lost. Five justices found this redevelopment met the constitutional hurdle of "public use."

http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Pfizer-abandons-site-of-infamous-Kelo-eminent-domain-taking-69580497.html
Some day in the not to distant future the government will be taking all of our land as collateral for the national debt. It will be for the public good.

PoliCon
11-09-2009, 11:31 PM
this is why government needs to stay the hell out of the business sector. They fuck things up every time. :rolleyes:

AlmostThere
11-10-2009, 01:11 AM
Some day in the not to distant future the government will be taking all of our land as collateral for the national debt. It will be for the public good.

You didn't even need a crystal ball to see that one coming, did you? When the dollar is worthless, what's left but real estate? :mad:

Rockntractor
11-10-2009, 01:14 AM
You didn't even need a crystal ball to see that one coming, did you? When the dollar is worthless, what's left but real estate? :mad:

It kind of does away with any sense of security doesn't it?