"Last Thursday, our Supreme Court backed that local governments can co-opt private property, and give it to another private entity, for economic development"
- Cliff Stearns
About this Quote
This quote is referring to the Supreme Court's decision when it comes to Kelo v. City of New London. In this case, the Supreme Court ruled that local governments have the power to use noteworthy domain to take personal property from one personal entity and provide it to another private entity for financial advancement. This decision has been controversial, as it enables city governments to eliminate private property from people and companies without their authorization. Advocates of the decision argue that it permits city governments to promote financial advancement and create jobs, while opponents argue that it is an unconstitutional taking of personal property. Ultimately, the Supreme Court's choice in Kelo v. City of New London has actually been seen as a victory for city governments and a problem for private property rights.
This quote is written / told by Cliff Stearns somewhere between April 16, 1941 and today. He/she was a famous Politician from USA.
The author also have 27 other quotes.
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists"
"I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passe abstractions like beauty, nobility, and greatness have a shifting but continuing validity"
"Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans"
"Racism is a way to gain economic advantage at the expense of others. Slavery and plantations may be gone, but racism still allows us to regard those who may keep us from financial gain as less than equals"