Wednesday, April 04, 2007

Ron Paul on Property Rights and Eminent Domain

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Property Rights and Eminent Domain
We must stop special interests from violating property rights and literally driving families from their homes, farms and ranches.

Our country’s founders would roll over in their graves if they saw the takings clause in the Fifth Amendment used to justify booting people out of their homes for the profit of private developers and tax-hungry local governments. The Supreme Court’s Kelo decision said government power could be used to condemn private homes and churches to benefit a huge pharmaceutical corporation and a large property developer.

Today, we face a new threat of widespread eminent domain actions as a result of powerful interests who want to build a NAFTA superhighway through the United States from Mexico to Canada.

We also face another danger in regulatory takings: Through excess regulation, governments deprive property owners of significant value and use of their properties – all without paying “just compensation.”

Property rights are the foundation of all rights in a free society. Without the right to own a printing press, for example, freedom of the press becomes meaningless. The next president must get federal agencies out of these schemes to deny property owners their constitutional rights to life, liberty, and property.

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