June 27, 2005
Do we really own our homes?
Weir Thinking About It In light of the recent Supreme Court Kelo decision that allows municipalities to force property owners from their homes to make way for businesses that pay more tax revenue, it's appropriate to ask, do we ever really own anything? Think about it. We live in the land of the free and the home of the brave, but we also live under a system of capitalism where money trumps morality, ethics, and the right to be free from government oppression. We've all heard the maxim about death and taxes being the only things we can never escape. With the latest advancements in science, one day we may be able to escape the former, but it's a pretty good guess that the latter will remain for eternity. For most people, after paying a mortgage for 20 or 30 years, the thought of actually owning their home is exciting because it provides a feeling of security. They realize that they had been paying all those years for a piece of property that was owned by the bank, but at least they...(Read Full Article)