20 years ago, New London, CT, seized a little pink house and gave it to a developer. That house ended up being the center of one of the most controversial Supreme Court decisions. Here’s what's happened since. ---- To make sure you receive the weekly video from Stossel TV, sign up here: https://johnstossel.activehosted.com/f/1 ---- Government was able to grab that pink house because of eminent domain law, which allows politicians to seize property to build needed public projects like roads and railroad tracks. But politicians in New London, Connecticut, bulldozed the house not for infrastructure, but to make room for a new business development. The Supreme Court said that was okay because it would raise tax revenue. 20 years later, the lot where it once stood has…nothing. ... https://www.youtube.com/watch?v=ZuIxSU7VWI0
