SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill who wrote (686859)6/23/2005 3:21:47 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
Supreme Court Rules American Homes Can Now Be Seized for Private Use

(Washington, D.C.) The Supreme Court ruled today that local governments have broad power to confiscate private property in the name of "economic development."

They handed down a 5-4 ruling against a group of homeowners in New London, Conn., who claimed the city is trying to illegally force them to sell their property. The city wants to make way for a hotel, an office building and other privately funded facilities.

Government agencies including city and county governments have long been allowed to condemn private property so that public buildings, roads and other infrastructure can be built. Called "eminent domain," this practice is constitutional as long as the power is exercised strictly in accordance with the Fifth Amendment's "takings clause." However, the new ruling will allow local governments to claim property for the benefit for private entities, rather than restricting eminent domain to acquiring land for public use.

"This ruling sets a frightening precedent that will affect poor and middle class families across the nation." said Michael Dixon, national chairman of the Libertarian Party. "Dazzled by the possibility of increasing tax revenue and employment opportunities, local government officials will now be able to claim entire communities for the benefit of private corporations."

While the Libertarian Party supports the right of corporations to do business, "we even more strongly support the constitutional rights of the individual," Dixon declared. "And those constitutional rights are being trampled on by local governments around the country."

Because the Supreme Court's decision gives government agencies much broader power to confiscate private property, the Libertarian Party calls on both state legislatures and Congress to stand up for the rights of private landowners.

"This country was founded on the principle that people have the right to protect their lives, their lands and their liberty," Dixon said. "It is the sworn duty of elected officials to stand up for the individual rights of their constituents. Now is the time for them to do so."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext