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by credit_guy
1720 days ago
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You are presenting a false equivalence. Eminent domain is not expropriation. The law stipulates fair compensation, as you pointed out. In the US at least, that law is not some obscure regulation, it's the Constitution, in the 5h Amendment, and it carries enormous weight. Maybe Germany has a similar postulate in its Constitution, maybe not. Still, it feels absurd to me that the voters feel it's ok to decide to carry a vote to expropriate some people. Maybe the article is simply misrepresenting what happened there, and maybe the "expropriation" is actually appropriation with fair compensation. But if it's simply expropriation, this is just a small step on a slippery slope. |
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Furthermore, let's not act like these massive publicly traded companies are people. It's not like voters are deciding to take away some grannies appartment that she rents out as her sole source of income/rent.
We're talking about the companies that have been over and over shown to defraud the granny for fees of services that they don't provide (like snow removal when there is no snow, or window cleaning when there are no windows), colluding to arbitrarily inflate housing prices, and engage in unlawful behaviour to prevent tennants from cancelling contracts.
In german law there is no fundamental right to profit at the stock exchanges. There is however a right to live in dignity. And I don't know about you, but not being scammed for the place that I live in, is a pretty dignifying thing.