Sunday, November 20, 2005

Kelo vs New London

In June, the Supreme Court ruled in favor of the city of New London by extending the definition of "public good" to allow local governments to use eminent domain to seize private property for private companies to develop. New London Development Corp. offered the homeowners buyouts based on the rate in 2000 before the verdict and charged them back rent for the past 5 years with one family owing more than $300K.

Shortly thereafter, a group proposed building the "The Lost Liberty Hotel" on the site of Supreme Court Justice Souter's home.

In a new development, the House of Representatives voted 376-38, approving legislation that would prevent local and state governments from seizing homes and businesses for use in economic development projects.

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