The End of Private Property

Supreme Court rules: All Your Base Are Belong To Us.

Local officials, not federal judges, know best in deciding whether a development project will benefit the community, justices said.

“The city has carefully formulated an economic development that it believes will provide appreciable benefits to the community, including — but by no means limited to — new jobs and increased tax revenue,” Justice John Paul Stevens wrote for the majority.

UPDATE: Michelle Malkin rounds up.

Alternate Title: Supreme Court Acts to Solve Housing Bubble Problem

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