The U.S. Supreme Court established a hideous precedent in 2005 in its ruling on Kelo v. City of New London through which the city gained the legal 'right' to confiscate homes and businesses owned by individuals in order to clear the way for 'development', including by private corporations. Apparently the taxes, employment and other benefits that the city claimed would flow into New London made the property-grab a matter of public interest.
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