states: 'nor shall private property be taken for public use, without just compensation.' There is nothing in the Constitution that allows private property to be taken for private use. The SC-Kelo ruling has put the whole nation on the slippery slope of taking private property for private use and the powers-that-be can decide whose property can be transferred for their preferred use. This is scary shit.
NATIONAL EMINENT DOMAIN POWER
Overview
''The Fifth Amendment to the Constitution says 'nor shall private property be taken for public use, without just compensation.' This is a tacit recognition of a preexisting power to take private property for public use, rather than a grant of new power.'' 160 Eminent domain ''appertains to every independent government. It requires no constitutional recognition; it is an attribute of sovereignty.'' 161 In the early years of the nation the federal power of eminent domain lay dormant, 162 and it was not until 1876 that its existence was recognized by the Supreme Court. In Kohl v. United States 163 any doubts were laid to rest, as the Court affirmed that the power was as necessary to the existence of the National Government as it was to the existence of any State. The federal power of eminent domain is, of course, limited by the grants of power in the Constitution, so that property may only be taken for the effectuation of a granted power, 164 but once this is conceded the ambit of national powers is so wide- ranging that vast numbers of objects may be effected. 165 This prerogative of the National Government can neither be enlarged nor diminished by a State. 166 Whenever lands in a State are needed for a public purpose, Congress may authorize that they be taken, either by proceedings in the courts of the State, with its consent, or by proceedings in the courts of the United States, with or without any consent or concurrent act of the State. 167
http://caselaw.lp.findlaw.com/data/constitution/amendment05/14.html