Thursday, June 23, 2005

Ownership Rights

Supreme Court Rules Cities May Seize Homes
http://apnews.myway.com/article/20050623/D8ATEQV80.html
"...local governments may seize people's homes and businesses against their will for private development..."
"As a result, cities now have wide power to bulldoze residences for projects such as shopping malls and hotel complexes in order to generate tax revenue."

"The city has carefully formulated an economic development plan that it believes will provide appreciable benefits to the community, including - but by no means limited to - new jobs and increased tax revenue," (Justice Paul) Stevens wrote."

ok, let me get this straight: It's now legal to displace homeOWNERS to build a mall, forcing them to move away and uproot their lives. This is ok since there will now be more jobs at the aforementioned mall, and the aforementioned homeowners (now renters) will be able to work part-time at the union-less Wal-Mart for less than minimum wage with little or no health insurance.

That's capitalism wrapped up in a black robe.

- Vox

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