Friday, February 16, 2024

350 million dollars, legal maneuvering and upending the rules; but who will it help?

I'm intrigued that our culture is surprised that corporations manipulate rules, laws and regulations for their own gain.  This case, might just create a precedent that is worthy of note for all corporations.   It means,  maybe,  the rules in 'big business' will have to change.   Real estate and tax rules, create all kinds of breaks for corporate America – and these useful rules in this kind of a case are routine examples (not surprising) – including for non-profit corporate America.  Real estate markets for property values is also a shocker? Even in non-corporate America, the valuation of homes is a norm built into the system.  Look at the valuation and loan system between realtors, appraisers and banks, who as a team of in common interests, literally set and create the standards (by law) that cause home values to increase – and  we the people keep buying.  How about non-profit health insurance companies and non-profit universities; how many people have been hurt unfairly by the legal and inflated processes within these highly regulated businesses?  Hopefully, this precedent, if it stands, will bring the house of cards tumbling down, so that real people get help; I am not talking about Trump - I'm talking about an emerging precedent in this corporate case that has far reaching implications – potentially, for everyone.