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Business & Economics PUBLICATIONS |
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Continuing property wrongs since Prop 90's defeat
Submitted by Steven Greenhut on 10.15.2007
Usually, when Americans are fleeced by their government, the fleecing comes in the form of wasteful spending programs. But the U.S. Supreme Court’s June 2005 Kelo decision, upholding the “right” of local governments to take property from their current owners and give it to developers in the name of economic development, was perhaps the most massive fleecing Americans have witnessed in a generation.
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