Sunday, June 26, 2005
This is funny: The only humorous thing to come from last week's Kelo decision.
Buoyed by the Supreme Court's decision to expand cities' power of eminent domain, New York City filed today to acquire the state of New Jersey for commercial development.
"New York has been facing some very difficult economic decisions," said Mayor Michael Bloomberg. "Building viable economic development strategies for the city has been our number one priority. We think that the Supreme Court decision really opens a door for us, and will allow New York City to finally resolve some of these intractable issues."
New York will compensate the current residents of New Jersey with "fair market value" for their property, a total amount estimated to be well within Bloomberg's ability to pay out of his own pocket. After evicting all current residents from New Jersey, New York plans to add a new Olympic stadium, a Trump apartment complex, international airport, and, most critically, a 4,000 square mile landfill.