June 25, 2005
"Takings" and Kelo, continued. Powerline is watching, incorporating the work from the Claremont Institute with this and this.
Excess always overplays its hand. Hence the term. Over, it's not.
Further resources via Michelle Malkin.
My wonk-ish hope is that more attention will be paid to bogus community redevelopment/urban blight eradication/tax increment-financing schemes masquerading as "public use" projects. In the New London case, the private corporate beneficiary was Pfizer, the pharmaceutical giant. In Seattle, it was Nordstrom (reg reqd). Across the country, it's money-losing multiplexes and luxury stadium deals. In all cases, the losers are taxpayers, homeowners, and small businesses.
The Truth Laid Bear will be tracking this, too.
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