Goodbye, property rights, Hello,…nothing.

Do you remember Kelo v. New London?  You should.  That is the famous Supreme Court case where five jurists determined that taking people’s property and handing it over to a private business met the “public use” standard if the government would get more tax revenue.  Well, New London condemned and destroyed several century-old homes to make way for some fancy new waterfront complex.  Now, the homes are gone and Pfizer, whose plans for a big expansion were supposed to be complemented by this new development, is moving out.  How depressing.  Maybe people will think twice before jumping on the state-sponsored-theft-of-private-property bandwagon.

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