After winning one of the worst Supreme Court decisions in my lifetime, Pfizer is pulling out of New London, Conn. They're leaving a vacant lot where they worked hard to destroy a neighborhood. Of course it's not just Pfizer's fault. Who knows what shady deals got the local city officials behind it?
The court decision, Kelo v. New London, said basically that the the government can take your property and give it to a private developer. It greatly expanded the right of eminent domain.
The good news is that in response to the court case many states have passed laws against such egregious abuse of government power. Too bad my state (NY) isn't one of them.
Here's the story in the New York Times.