Great Freakin' News!
The U.S. Constitution allows local and state government to sieze private property for public use as long as reasonable compensation is given.That's well and good, it's been around for 200+ years, not likely to change.
Well guess what... public use is BROAD, and apparently now they can sieze private property and .... give it to private businesses.
Yep.
Supreme court ruled on it, in a case in Con.
But only if it's for the good of the public.
Now there are of course stipulations, sort of; it has to look reasonable on paper.
I.E. the area is under severe economic depression.
Well, that's not reassuring, our economy is still in a slump, and alot of areas are in, or are heading to a sever economic depression.
Awesome.
That means your house, or your business can be taken, if you live in a depressed area, and given to another private company or individual to help revitalize the area.
Boy, that's reassuring.
Makes you feel secure in our government doesn't it?
I sure do.