So You Think You Own Your Home?
For all of you that have sat so indignantly at the prospeccts of a more conservative court think about what has happened today with the decision of Kelo V New London. The SCOTUS has upheld the right of local municipalities to seize private property and sell it to private developers under the context of an overall local economic development plan. The flood gates are now open for municipalities to take property away from lower and middle income families and replace it with hotels, convention centers and other private enterprises.
The potential for abuse is broad and deep. The impact on affordable housing alone will only increase the disparity between the “haves” and “have-nots”.
So while the House is busy dicking around with flag burning amendments they are now watching the most dangerous vestige of tyranny creep into the social context and destroy the american dream.
Write your congressmen NOW! Here is a real cause for an amendment to the Constitution!
The information on this site is not intended as individualized investment advice and all investment decisions by a reader must in all cases be made by the reader either individually or together with his/her investment professional. The views expressed in articles appearing on this site are solely those of Dave Budge and should not be attributed to any other person or entity except where expressly stated.
Print This Post

a.SafaLab
The Neolibertarian Network
There is, of course, another option: voting.
Voting for exactly what? Perhaps this can be addressed on a federalist level, but SCOTUS has just joined with governments the right to increase taxe revenues as a public use of property.
I’ll will write more on this later.
City councils are elected, correct?
But we’re talking about the Bill of Rights here. So yes, city councels are elected, and I vote, but that has little to do with broad sweeping interpretations of the “taking clause.”
I’m surprised you’re so ready to accept this ruling. This will hurt moderate and low income families. This empowers municipal governments to take property from the working class and award it wealthy developers. So in communities where the middle class is being squeezed by gentrification a democratically elected groups of elites can simply “get rid of the rabble” with an economic development plan.
Progressives should be outraged!
[...] 8217;d prefer to pin the blame on the decision-maker. Dave Budge is calling for a federal Constitutional Amendment. I’m not sure how feasible that is. A state level one might be a better idea.
[...]