Stuart Sibley wrote:
We agree, Terry. I think it is a good idea to move the poor out and give their land to rich corporations for the benefit of shareholders. This ia a very Republican idea, if you believe Kerry. Who needs urban blight?
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Or suburban sprawl. That's just one of the benefits of this ruling.
The law has always stated that anyone who loses their property through eminent domain receive market compensation for the loss. So while one may lose land, one isn't losing one's wealth.
As for the benefits, the poor overall will be better off. The whole point of the case in question was whether the city could use redevelopment and eminent domain in this way to help grow the city's tax base. A sound capitalist approach is to encourage private capital to invest, wouldn't you say? A new mall brings in higher property, sales and other taxes, making it easier to pay for public services for all.
See? Welfare mommas still make out under this ruling. The rich get richer and poor get more welfare. Everyone's happy. How can any thinking American be against this?
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