Thursday, June 23, 2005

A Very Sad Day In American History

You mark my words, in fifty years people will be looking back to today, June 23, 2005, as a day that changed life in America.

You don’t’ know what I’m talking about?

Well, if you currently own real estate or ever intend to buy a house or land in the future, you damn well better start paying attention to the issue that I am talking about.

Today the US Supreme Court has issued a 5 to 4 ruling substantially changing the legal definition of Eminent Domain Laws, and the new ruling doesn’t help you and me.

In the past, the government, under the constitutionally granted power of Eminent Domain, was allowed to take away your land and pay you whatever they think is the fair market value if they decided that they needed YOUR land to use for construction of a road, power line, lake, a sports stadium, or any other facility designated for public use.

Now, according to the five liberal judges on the US Supreme Court, a Connecticut city will be allowed to take land away from the RIGHTFULL OWNERS and sell said land to an office park developer, simply because the property taxes paid on a office park will exceed the property taxes paid on the existing modest homes currently located on the OWNERS’ LAND.

With this interpretation of the law, no one is safe. You can forget about buying land when you are young and selling it when you are old to pay for your retirement. You can forget about inheriting land that has been in your family for 150 years and enjoying it in your old age or selling it to fund your medical needs in your old age.

Why?

Because the f**king imperial federal government of the United By God Damn States Of America says that, even if YOU own YOUR LAND, that you paid for with YOUR MONEY that YOU earned and that you already paid FEDERAL TAXES on, is going to allow a developer to come in and take YOUR LAND, tear YOUR HOUSE down, and build fancier houses or office building—all because someone else is willing to pay more taxes on the new buildings than you pay on YOUR HOUSE.

What complete and total crappola.

Do you see where this country is headed?

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