Outrage.

100 PERCENT GARBAGE

I am outraged by this. It is pure and utter abuse of power, and a flagrant violation of the rights of property owners. I am calling out President Bush, if you do anything else the rest of your term, overturn this decision. (edit: have Congress do it, they have the power)

The Supreme Court on Thursday ruled that local governments may seize people's homes and businesses -- even against their will -- for private economic development.

As a result, cities have wide power to bulldoze residences for projects such as shopping malls and hotel complexes to generate tax revenue.
Local officials, not federal judges, know best in deciding whether a development project will benefit the community, justices said.

Justice Sandra Day O'Connor, who has been a key swing vote on many cases before the court, issued a stinging dissent. She argued that cities should not have unlimited authority to uproot families, even if they are provided compensation, simply to accommodate wealthy developers.
The lower courts had been divided on the issue, with many allowing a taking only if it eliminates blight.
"Any property may now be taken for the benefit of another private party, but the fallout from this decision will not be random," O'Connor wrote. "The beneficiaries are likely to be those citizens with disproportionate influence and power in the political process, including large corporations and development firms."
She was joined in her opinion by Chief Justice William H. Rehnquist, as well as Justices Antonin Scalia and Clarence Thomas

Update:
Michelle Malkin is on top of this as well.