Sunday, July 17, 2005

Securing Private Property Under the Law

Hold The Mayo (The Truth Served Plain) has reached the final version of the Amendment proposed to rectify the Kelo ruling which came out of SCOTUS this year. (For those of you not paying attention, this ruling says there is no such thing - really - as private property. Also it allows de facto central planning.)
The right to ownership of property being the cornerstone of liberty, no government, or agency thereof, within these United States shall have the authority to take property from any person, corporation, or organization through exercise of eminent domain for other than a public use without just compensation.

Public use shall be understood to be property the government owns or retains the paramount interest in, and the public has a legal right to use. Public use shall be understood to include property the government owns and maintains as a secure facility. Public use shall not be construed to include economic development or increased tax revenue. Public use of such property shall be maintained for a period of not less than 25 years.

Just compensation shall be the higher of twice the average of the price paid for similar property in the preceding six months, or twice the average of the previous 10 recorded similar property transactions. Compensation paid shall be exempt from taxation in any form by any government within these United States.
There is also a petition to get Congress to act.

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