Thursday, June 23, 2011 5:10 pm | By Grant Morgan
June 23rd marks the sixth anniversary of the ruling in the Case of Kelo v. New London, in which the Supreme Court ruled that state governments could take land under eminent domain powers for “greater public use”, even if the land was being handed over to third-parties. However, after six years, the damaging effects of this decision are gradually being reversed, with a several state legislatures passing laws which effectively negate the ruling.
FLAIR Act: Good for Property Rights, Good for Fiscal Responsibility
Tuesday, June 14, 2011 4:00 pm | By Grant Morgan
On Thursday, Senators Orrin Hatch (R-Utah) and Mike Lee (R-Utah) introduced the Federal Land Asset Inventory Reform (FLAIR) Act into the Senate. The FLAIR Act would require the federal government to work with the private sector to create a single, up-to-date, inventory of federal land holdings. This bill will reduce waste, improve government operations, potentially help the economy, and benefit private property-owners.
Property Rights Part of Texas Surge, California Slump
Monday, June 13, 2011 3:15 pm | By Grant Morgan
California has recently surpassed Michigan to become the state with the second-highest unemployment rate, according to a recent report. The Golden State reported a rate of 11.9% for the month of April, down from 12% in March but created a meager 9,000 jobs in the process. Texas, in contrast, created 32,000 new jobs in April, and has contributed 37% of all new jobs created in the United States in the last two years. The contrast in results is matched by a contrast in attitudes towards property rights.