Now, Pfizer is leaving New London:
While Ms. [Susette] Kelo and her neighbors lost their homes, the city and the state spent some $78 million to bulldoze private property for high-end condos and other "desirable" elements. Instead, the wrecked and condemned neighborhood still stands vacant, without any of the touted tax benefits or job creation.Whoops! It turns out Washington bureaucrats, even the ones in long robes, are not the best judges of how to manage a local economy. It also turns out that selling out your lower-class residents to curry favor with a large corporation is a losing game for municipalities. Pfizer is a pfickle lover, and was never committed to New London.
That's especially galling because the five Supreme Court Justices cited the development plan as a major factor in rationalizing their Kelo decision. Justice Anthony Kennedy called the plan "comprehensive," while Justice John Paul Stevens insisted that "The city has carefully formulated a development plan that it believes will provide appreciable benefits to the community, including, but not limited to, new jobs and increased tax revenue."
Susette Kelo, on the other hand, was committed. But I'm guessing New London lost her love, too.