Capital Times Editorial Excerpt:DOH! Even if the Capital Times applied some contextual flair to the WRA statement, any state licensed organization that defends NO punitive damages for FRAUD should have their credentials reviewed.
In a curious 4-3 decision that was joined by supposed new "traditionalist" Justice Annette Ziegler, the state Supreme Court this week declared that home buyers who were lied to by the sellers can't sue for fraud.
Even the Wisconsin Realtors Association filed a friend of the court brief in the case, telling the court that to eliminate fraud is "bad for the Wisconsin real estate market and bad for Wisconsin consumers."
But this is where right-wing business values excels. Their brand of free-market principles allows for profits earned on the knowledge that buyers are traditionally lied to. This Supreme Court decision will only embolden a seller of a problem house to hide defects because the stolen rewards are windfall if they don’t get caught. And who would want to punish that? Everyone knows……it’s the buyer who must beware. Justice (full disclosure) Ziegler and the other three confirmed this fine point of capitalism as unpunishable.
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