| I usually check out RMG primarily for entertainment value. But I happened upon an interesting post that points to some information on a very important 2005 Supreme Court case: Kelo v. City of New London, the case that infamously allowed a city to take the property of its citizens by eminent domain, simply because the city council thought someone else would do a better job with it.
The information? Pfizer (who was supposed to develop the property) bailed, and the city is much worse off having taken the land than it would have been had they left well enough alone. (The NYT story is a couple of weeks old, but it's new to me.)
The guy in the photo is Ms. Kelo's son on the vacant lot where his mother's home used to be. Some faintly amusing quotes, from the article:
"I'm sure that there are people that are waiting out there to say, 'I told you so,' " [City Councillor Robert] Pero said. "I don't know that even today you can say, 'I told you so.' "
Well, as our president might say, "yes we can."
How unbelievably depressing. And also, how predictable.
I will strenuously object to this sentence from the RMG post:
The decision outraged conservatives and libertarians.
That is (mostly) true as far as it goes, but terribly incomplete. In fact, Kelo outraged as many liberals as conservatives (and let's not forget about the conservatives who liked the decision). Lefty groups like the NAACP filed briefs in the Supreme Court supporting the homeowners, and lefty commentators (including myself) had lots of bad things to say about the decision. As I said at the time,
This issue is not about "liberal" or "conservative" politics. It's about big corporations with a lot of money and influence - like Pfizer in New London or the NY Times in Manhattan - deciding they want property held by people or businesses with less money and influence. Does it serve the cause of "economic development"? Sure, because the big guys will always build bigger buildings, or bigger houses, and that will always result in bigger tax payments. So the city gets more money in its coffers, the big guys get the land they want, and everybody wins - except anyone who thought that there might, somewhere, be a limit to how badly the government can treat its citizens.
Sadly for the people of New London, the only "winner" in this case was Pfizer, which made a "strategic decision" to abandon the property and take its business elsewhere. As for the Kelo case, it was, and remains, a dreadful mistake. |