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Criminal Law

Crime & Federalism Crime & Federalism

Discussing recent news and court opinions, with an emphasis on federalism, criminal law, and civil rights actions.

Post Frequency: 8.6/day

Last Entry: April 01, 2011 at 15:45:19

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Lehman CEO Punched at Gym; Knocked Out Cold

Posted on October 06, 2008
Awesome.


Paulson Puts Goldman Sachs Crony in Charge

Posted on October 06, 2008
Henry Paulson, who made millions at Goldmach Sachs buying and selling the same financial instruments that created this Depression, has hired someone from Goldman Sachs to be in charge of $700,000,000,000. Story. Goldman Sachs, incidentally, stands to make hundreds of billions of dollars from the bail out...


How Long Will the Great Depression Last?

Posted on October 06, 2008
Some interesting thoughts here.


Father Kills Sex Offender Who Broke Into Home

Posted on October 06, 2008
A rapist broke into a home. He was naked, except for the latex gloves he was wearing. He had a knife, condoms, a rope, and a plan to rape a 17-year old girl. The girl's father killed him. Great story.


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New York Times on Fannie and Freddie

Posted on October 05, 2008
The New York Times, in this article, attempts to make Fannie and Freddie appear like the victim. Unwittingly, the Times lays the blame at the Democrats' feet, too: Capitol Hill bore down on Mr. Mudd as well. The same year he took the top position, regulators sharply increased Fannie?s affordable-housing goals...


O.J. Simpson Verdict: Guilty

Posted on October 04, 2008
O.J. Simpson has been found guilty in his robbery trial: LAS VEGAS, Nevada (CNN) -- Former gridiron great O.J. Simpson was found guilty of all 12 counts in the armed robbery of two sports memorabilia dealers at a Las Vegas, Nevada, casino hotel last year...


What Bad People Look Like

Posted on October 04, 2008
Hint: It ain't just the folks on Wall Street.


Sociopathic Child

Posted on October 04, 2008
Imagine if this were your seven-year old.


Bill O'Reilly v. Barney Frank

Posted on October 03, 2008
Barney Frank is amazing. He's makes great points - if only he were telling the truth. His lack of shame and ability to remain clam while lying is strong evidence of his sociopathy.


No More Car Loans

Posted on October 03, 2008
More on the credit crunch:The era of easy auto loans has come skidding to a halt. Mortgages were among the first consumer products to be hit by the credit-market freeze. Now car loans and leases are drying up as dealers, auto-finance companies and other lenders are having trouble finding money to lend to car buyers...


The Bailout, Experts, and Other False Prophets

Posted on October 03, 2008
Arnold Kling has the scoop. His entire column is must-reading. He makes a very common-sense point that I've tried to get into people's heads: The other claim that is made on behalf of the bailout is that Treasury will make a profit for taxpayers by buying distressed mortgage-related assets...


Deregulation and the Market Meltdown

Posted on October 03, 2008
That Paulson guy we're giving almost a trillion dollars to has some track record for judgment: Many events in Washington, on Wall Street and elsewhere around the country have led to what has been called the most serious financial crisis since the 1930s...


Pork Sells Bailout

Posted on October 03, 2008
Who says you can't buy votes? The House on Friday passed a far-reaching and historic plan to bail out the nation's financial system. The vote for passage of the Senate-amended bill - 263 to 171 - was the result of strong lobbying on the part of the White House and other supporters of the bill all week, following the House...


What is a Credit Default Swap (CDS)?

Posted on October 03, 2008
CNN Money has this excellent article.


Your AIG Bailout Dollars at Work

Posted on October 03, 2008
Obviously, having been through a tough time, AIG executives need to unwind. You're welcome, guys: Financial crisis? What financial crisis? Less than two weeks after Uncle Sam gave American International Group (AIG) an $85 billion loan - staving off financial collapse - execs from one of its insurance subsidiaries, AIG American General, gathered for a conference at the uber-swank St...


"Commentary: We Need to Indict Companies"

Posted on October 02, 2008
A bad idea from a former federal prosecutor and current law professor.


CEOs Made Millions Ruining Banks and Sinking National Economy

Posted on October 02, 2008
Not to stir class envy.... But this slide show is informative.


What Democrats Said About Fannie and Freddie

Posted on October 02, 2008
The Wall Street Journal collects some Democrats' quotes about Fannie and Freddie. Story here. I guess no Republican ever praised Fannie and Freddie, since the WSJ only repeats what Democrats said. Oh, wait, here is what President George W. Bush said in a speech to Fannie and Freddie: Freddie Mac recently began 25 initiatives around the country to dismantle barriers...


Corruption in Senator Stevens' Corruption Trial

Posted on October 02, 2008
Yes, prosecutors hide evidence even from wealthy defendants: U.S. District Judge Emmet Sullivan suspended the trial of Alaska Sen. Ted Stevens Thursday morning, after it was revealed in court that prosecutors withheld FBI records that could have aided in Stevens' defense...


Warren Buffett Seeks to Line Pockets with Taxpayer Money

Posted on October 02, 2008
Warren Buffett supports the bailout plan. Which shouldn't be surprising, since he stands to make a lot of money from the plan. He said he's being selfless, though:Buffett and his company will certainly benefit if Congress passes the $700 billion bailout plan...


Pork for Hollywood

Posted on October 02, 2008
The latest bailout bill gives tax breaks to Hollywood (story):Hollywood would get a little unexpected boost from the proposed $700-billion bailout of the nation's financial system. The bill wending its way through Congress would provide tax breaks worth more than $470 million over the next decade for movie and TV producers that shoot in the U...


Vice Presidential Debate as Fight

Posted on October 02, 2008
I got sucked into watching this thing. Wow, it's exciting! Palin is a the underdog. She's punching hard, and I think is getting the best of the exchange. Biden got angry on one point. You can sense the adrenaline in his system through his facial expression and tone of voice...


Experimental Philosophy

Posted on October 01, 2008
One thing I never liked about philosophy is that, for lack of a better phrase, it allowed you to make shit up. Come up with an idea, make some good arguments, there that's that. There is a minority movement seek reform. They are calling themselves experimental philosophers, and this excellent overview chronicles their efforts...


Baby Boomers Are Horrible Parents

Posted on October 01, 2008
Yes, your perfect, can-do-no-wrong child, is fat:Many parents of children classified as overweight or even extremely overweight do not perceive their child as being excessively heavy, with some wrongly believing that their child is "about the right weight," new research suggests...


Extraordinary Popular Delusions and the Madness of Crowds

Posted on October 01, 2008
I've been flirting with this book for almost a decade. I finally started reading it. What a joy. The section on tulip bulb mania is especially worth reading. You may purchase the unabridged edition. There is also an amusing section on the role of religion and hairstyles...


Senate Bailout Bill Loaded with Pork

Posted on October 01, 2008
We're in a huge financial crisis, right? We're looking at another Great Depression, right? So what's the Senate do? They get together and create a pork-laden bailout bill. The bailout bill contains the following "new" pork:: Film and Television Productions (Sec...


Pork-Laden Bailout Bill Passes Senate

Posted on October 01, 2008
Story here.


"An Open Letter to my Friends on the Left"

Posted on October 01, 2008
Please read. (Via Frank.)


Politicians to Lie About Bailout

Posted on September 30, 2008
Unable to explain why the bailout will work, Republicans and Democrats have decided to lie about the bailout:WASHINGTON (AP) -- The Bush administration is searching for a new way to sell its financial rescue plan after acknowledging some blunders and missteps in presenting it the first time around...


Minorities and Subprime Loans

Posted on September 30, 2008
As might be expected, minorities are being blamed for the market crash. If banks hadn't loaned money to blacks, we'd all be fine. This is a myth. At least in 1999, minorities only received 18% of all subprime loans. Which means you can thank whites for this mess...


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