Watley Review: New York City Invokes Eminent Domain to Acquire New Jersey

I told you the Kelo decision would have bad repurcussions.

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."