Kelo vs. City of New London Legal Facts: Kelo v. City of New London 545 U.S. 469 (2005) the U.S. Supreme Court answered “yes” to the question of whether or not taking land for the sole purpose of economic improvement would fall into the realm of public use requirement set forth in the Fifth Amendment’s Takings Clause. The city of New London Connecticut had made economic recovery efforts to sustain a severely downtrodden local economy. Those efforts included a plan to acquire 115 parcels of
the year 2000, the New London city passed a growth program that, in the expressions of the Supreme Court of Connecticut, which was believed to be offering in the excess of 1,000 employment opportunities to the community at the moment, the program was believed to augment tax as well as other returns to the economy, and also taken as an act of refurbishing a financially destabilized city, alongside the waterfront regions and the downtown.” The piece of land was bought by the city administration and
Obama, which will prove deadly to him in his campaign for reelection. The New York Times has an article stating that the stocks are steadily decreasing for major industries such as Barnes & Noble. The Washington Post printed an article on December first about the debt in Europe and how it is affecting America's industries. Banks are now loaning money to European banks in fear that if the European economy crashes, then a new global depression will begin, which is causing many investors to grow wary
Introduction Among this country’s greatest strengths has been its economic structure and diversity. As citizens and business professionals, we owe a lot of this to the Constitutional system of government. With a balance of power between the states and the Federal government, this country is ripe for economic development. Wall Street is one of our country’s icons, and affluent business tycoons such as Donald Trump, J. Willard Marriott, Sam Walton, and Warren Buffett receive celebrity status.
Thinking Critically About Ethical Issues, Seventh Edition By: Ruggiero © The McGraw−Hill Companies, 2008 I THE CONTEXT CHAPTER ONE THE NEED FOR ETHICS Why do we need ethics? We have laws to protect people’s rights. If the laws are enforced, what need have we of further rules? Ethics is the study of the choices people make regarding right and wrong. Each of us makes dozens of moral choices daily. Will we go to work or call in sick? Follow the research protocol or violate it? Put quotes around