Executive Order: Protecting the Property Rights of the American People
Section 1. Policy. It is the policy of the United States to protect the rights of Americans to their private property, including by limiting the taking of private property by the Federal Government to situations in which the taking is for public use, with just compensation, and for the purpose of benefiting the general public and not merely for the purpose of advancing the economic interest of private parties to be given ownership or use of the property taken.
If I am reading this correctly, this addresses the eminent domain threat quite mightily.
What do you more knowledgeable readers think?
Ever since the Supreme Court’s ruling last year, the general public has been in an uproar. I am somewhat surprised that somebody listened.
Perhaps equally important is this question – what are the loopholes that some will try to exercise?
Update 06-24-06: One of the best things about blogs is the rapid access to analysis by those much smarter than I. The Volokh Conspiracy has a critical analysis of President Bush’s Executive Order. HT: Instapundit