Let's suppose you live in a $400,000 house.
If, on a Wednesday afternoon, the government announces that it is planning to "redevelop" the area where your home is located -- that is, demolish the area so that something else can be built there -- by Thursday morning, your $400,000 house could become a $200,000 house.
The market reacts very quickly in anticipation of future events.
Several years later, when the government actually gets around to demolishing the area, they may offer you $200,000 for your property -- or perhaps $150,000, if they use an appraiser who knows that he is more likely to get more business from the government if his estimates are on the low side rather than the high side.
In either case, you are out at least a couple of hundred grand. Has the government "taken" that much from you, without paying you the full compensation for your property, as required by the Constitution of the United States?
Such theoretical questions were made vividly real, and people were vividly outraged, when the Supreme Court in 2005 declared that governments at all levels had the power to seize private property, not only for such government activities as building reservoirs or highways, but also for turning the property over to private developers to build shopping malls, casinos, or whatever.
The Constitution says that government can take private property for "public use" if it compensates the owner. The Supreme Court changed that to mean that the government could take private property just to turn over to others, so long as they called it a "public purpose" like "redevelopment."
Politicians are experts at rhetoric, especially if that is all that is needed to justify seizing your home and turning it over to someone else who will build something that pays more taxes.
All hell broke out, once people now understood that the issue called "takings" was about politicians being able to seize their property, virtually at will, for someone else's benefit. But it was a liberal court decision, not the words of conservatives, which created that understanding.
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