New London Still Manages to Lose In Kelo

New London Still Manages to Lose In Kelo

“Look what they did,” Mr. Cristofaro said on Thursday. “They stole our home for economic development. It was all for Pfizer, and now they get up and walk away.”

That sentiment has been echoing around New London since Monday, when Pfizer, the giant drug company, announced it would leave the city just eight years after its arrival led to a debate about urban redevelopment that rumbled through the United States Supreme Court, and reset the boundaries for governments to seize private land for commercial use.

Pfizer said it would pull 1,400 jobs out of New London within two years and move most of them a few miles away to a campus it owns in Groton, Conn., as a cost-cutting measure.
New York Times

I didn’t share much of the outrage others had at the time of the Kelo decision.  I support eminent domain in principle.  I have grown fickle over the years of the promise of corporate saviors.  This corporate savior is skipping town.


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