The Supreme Court has ruled that the city of New London, Connecticut is perfectly within its rights under the eminent domain laws to seize property from its homeowners and turn them over to a corporate conglomerate for private purposes. In a 5-4 split decision, the Court decided that the language "for public use" in the Takings Clause of the Fifth Amendment is flexible enough to include use by private firms, as long as this can be justified on the grounds of "new jobs and increased tax revenue."
Justice John Paul Stevens wrote the decision, which had the support of Kennedy, Souter, Ginsburg and Breyer. In her dissent, Justice Sandra Day OConnor wrote:
Under the banner of economic development, all private property is now vulnerable to being taken and transferred to another private owner, so long as it might be upgraded -- i.e., given to an owner who will use it in a way that the legislature deems more beneficial to the public -- in the process.
For any liberals who may be reading this, take careful note of which justices chose to defend the rights of the individual homeowner (the little guy), and which ones took the side of the pharmaceutical giant Pfizer.