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Did the Supreme Court Destroy Property Rights in the Kelo Case?

In one of the most closely watched cases from the last Supreme Court term, Kelo v. New London, the U.S. Supreme Court, by a 5-to-4 majority, ruled that the city of New London could exercise its "eminent domain" power to condemn several private residences in order to raze them as part of an effort to revitalize a downtown area adjacent to a new Pfizer plant.

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