The Supreme Court and the end of limited government
06/24/05
Yesterday's Supreme Court ruling permitting governments forcibly to transfer property through eminent domain from one private party to another for the sake of economic development did not come out of the blue. Although the 'takings' clause in the Fifth Amendment to the U.S. Constitution specifies 'nor shall private property be taken for public use without just compensation,' the 'Court long ago rejected any literal requirement that condemned property be put into use for the general public'...
http://www.fee.org/vnews.php?nid=6991
from Foundation for Economic Education, by Sheldon Richman
Informant: Thomas L. Knapp
Yesterday's Supreme Court ruling permitting governments forcibly to transfer property through eminent domain from one private party to another for the sake of economic development did not come out of the blue. Although the 'takings' clause in the Fifth Amendment to the U.S. Constitution specifies 'nor shall private property be taken for public use without just compensation,' the 'Court long ago rejected any literal requirement that condemned property be put into use for the general public'...
http://www.fee.org/vnews.php?nid=6991
from Foundation for Economic Education, by Sheldon Richman
Informant: Thomas L. Knapp
Starmail - 27. Jun, 15:57