General Discussion
In reply to the discussion: With One Speech Elizabeth Warren TERRIFIES The Koch Brothers and The Supreme Court [View all]truedelphi
(32,324 posts)Already living inside a nation wherein the Supreme Court functions as a wholly operated subsidiary of the Big Corporations.
Both Sottomayor and Kagan were chosen for their allegiance to Monsanto.
And if we look to such middle class, property rights cases as occurred around ten years ago, we see that a low income woman lost her bought and paid for home to a local Big Business (forget if it was a country club developer or shopping mall developer.) The SCOTUS members decided in favor of the Big Business, with the "D"s on the court more quick than the "R"s on the court to divest the woman of her home.
Why is the above case so important? Because one way that the public could stave off the immense power of the banks to set up bubbles, collapse economies, foreclose homes and then keep them in inventory until; the price of renting is sky high is in the efforts of cities like Richmond Calif. to use eminent domain to stave off the Big Banks. But if SCOTUS is merely operating under the maxim of "Big Corporations Uber Alles," such attempts will go nowhere.
A link for more info on what this eminent domain practice means for citis like Richmond
http://www.lasvegassun.com/news/2013/jun/14/eminent-domain-breakthrough-idea/