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Wednesday, October 05, 2005

Eminent Domain Coming To The Gulf

Meanwhile, it looks to be one big land grab by municipalities throughout the damaged Gulf area per CNN Money's Shaheen Pasha.

Bart Peterson, mayor of Indianapolis and an officer of the National League of Cities, says:

"I would expect eminent domain to play a significant role in the rebuilding of New Orleans. My guess is that it will be used carefully and prudently to make sure that the primary beneficiaries will be the people of New Orleans and not the land speculators."

Sure.

Why shouldn't the towns use Kelo? The law protects the municipalities in takings for private development and the costs of demolition have been largely reduced by the force of the hurricanes. Think about it. What is the FMV of an uninsured home that is now a pile of rubble?

Kelo represents a "living Constitution" unencumbered by the philosophy or intent of the Founders.

Thanks to Bill Suda for the link. He knows how angry I am about the decision.

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