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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 Recent Entries: 1840
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Flashback: American Enterprise Institute on Fannie-Freddie in 1999
Posted on September 30, 2008Last week I linked to a 2005 AEI article about Fannie Mae and Freddie Mac. Well, they were six years ahead of me. In 1999, Peter Wallison from the AEI made this prediction: ''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise...
Nietzsche was Right
Posted on September 30, 2008Who would have guessed: Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say. Brain and behavior studies clearly show that when information is scarce and threats seem imminent, people often stop listening to their own logic and look to see what others are doing...
Einstein's Heuristic and the Market Bailout
Posted on September 29, 2008Albert Einstein famously said: "You do not really understand something unless you can explain it to your grandmother." This has been a useful heuristic in my life. How does it apply to the market bailout? Well, first, my grandmother can understand this comic strip...
Market Transparency and the Emergency Economic Stabilization Act of 2008
Posted on September 29, 2008This total scam called the Emergency Economic Stabilization Act of 2008 supposedly offers "market transparency." How so? Here is how:SEC. 114. MARKET TRANSPARENCY. (a) PRICING.?To facilitate market transparency, the Secretary shall make available to the public, in electronic form, a description, amounts, and pricing of assets acquired under this Act, within 2 business days of purchase, trade, or other disposition...
More Proof that Democrats Caused Market Meltdown
Posted on September 29, 2008Yet another amazing video that exists only because of the incredible Internet Age we live in:
More Proof that Bailout was a Scam to Enrich Paulson's Friends
Posted on September 29, 2008How did Henry Paulson and his corrupt friends comes up with $700 billion? Here's how:"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number." Well, I'm sold. Where do I send the check?
Dale G. Markland of Markland Hanley Looks Foolish
Posted on September 29, 2008It's certainly uncivil to refuse to reschedule a deposition when the opposing lawyer suffers through a hurricane. But to involve a judge in an effort to get fees or sanctions against said lawyer? That's just really stupid litigation.
Wire Fraud and Executive Pay
Posted on September 29, 2008Part of any bailout will almost certainly include limits on executive compensation. The thinking (which is sound) goes as follows: If CEOs are coming to Washington for a hand out, they shouldn't expect a hand full of gold coins. Many economists have suggested that CEO pay limitations are a bad ideal...
Pelosi Puts Partisanship Before Bailout
Posted on September 29, 2008Let's say you, like Nanci Pelosi, supposedly think that the bailout is necessary. Do you really make this speech before the vote? Is Pelosi evil, or just insincere? UPDATE: Wow, Pelosi truly is a moron. Speaking of the Great Depression, she said: "I don't know what's so great about the depression, but that's the name that we gave it...
Bailout Deal Reached
Posted on September 28, 2008A tentative deal has been reached: The plan calls for the Treasury Department to buy deeply distressed mortgage-backed securities and other bad debts held by banks and other investors. The money should help troubled lenders make new loans and keep credit lines open...
Emergency Economic Stabilization Act of 2008
Posted on September 28, 2008All 106 pages of the bailout legislation are available here. The legislation gives almost total control to Henry M. Paulson. Look, for example, at this conflicts-of-interest provision: (a) STANDARDS REQUIRED.? The Secretary shall issue regulations or guidelines necessary to address and manage or to prohibit conflicts of interest that may arise in connection with the administration and execution of the...
Detroit Baillout Goes Through
Posted on September 27, 2008What a disaster (via AutoNews): WASHINGTON ? In a rare Saturday session, Congress gave final approval to funding that will launch a $25 billion low-interest loan program for automakers and suppliers. The program, designed to help companies retool for more fuel-efficient vehicles, also is expected to provide a financial lifeline to struggling companies, particularly the Detroit 3...
McDonald's Credit Rating Cut by Bank of America
Posted on September 26, 2008Another sign of the Decline.
What to do With Your 401k?
Posted on September 26, 2008What are you doing with your retirement accounts? The conventional "expert" advice goes as follows: If you're old, diversify. If you're young, stay almost entirely in stocks. But "experts" also tell everyone to stay in stocks, even a declining market, because no one can time the market...
Banks Reducing Credit Card Limits
Posted on September 26, 2008This is the Decline. Many Americans live off of their credit cards. Now banks are lowering credit limits (story here):After a weekend getaway in New York City, Joseph Lanza logged onto his Bank of America Visa account and was shocked to see that his line of available credit had been reduced to $1,000 from $3,800...
Obama Truth Squad Seeks to Create Police State
Posted on September 26, 2008Barack Obama wants anyone who "lies" or "misleads" people about him to be arrested. The video report is here.
What Caused the Economic Crisis?
Posted on September 26, 2008Here is a music video I can rock out to: Fairness alert: The video neglects to mention that John McCain's campaign manager, Rick Davis, was also in bed with Fannie and Freddie.
Our Leaders
Posted on September 26, 2008If you wonder why some of us are: a) not partisan and; b) very afraid, then watch these three videos. But, oh, that's right: Your party is the best, right? It's different? Um, no.
John McCain and Targeted Ads
Posted on September 26, 2008When you read a news story, you often received targeted ads. A targeted ad is one that is supposed to be related to the content of a news story. These are computer generated. A computer, using an algorithm, comes up with ads that it concludes are relevant to the story...
Shareholder Demands Answers
Posted on September 26, 2008Dear Washington: I'm a taxpayer. Under the "bailout" plan, I'm going to be the shareholder in a new company. I have some questions that deserve answers: Why $700 billion? Where did that number come from? Why not $500 billion? Why not $1 trillion? What is special about $700 billion...
George W. Bush On the Economy: Flashback
Posted on September 26, 2008WASHINGTON?President Bush said Tuesday the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac.George W. Bush made those comments on July 15, 2008...
George W. Bush Caused the Market Meltdown?
Posted on September 25, 2008Check out these comments from a 2002 speech. Here is what President George W. Bush said about Fannie Mae and Freddie Mac: Freddie Mae -- Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming -- (laughter) -- have committed to provide more money for lenders...
Perspective
Posted on September 25, 2008Americans are facing another Great Depression. People might be losing their jobs, their homes, their livelihoods. We thus aren't seeing too much in the news about the gays who want to destroy society by getting married and adopting children. Makes you think about what's really important for this country's future, doesn't it? Let's hope we Americans remember this valuable lesson...
McCain's Campaign Manager, Rick Davis, was on Fannie and Freddie Payroll
Posted on September 24, 2008John McCain's campaign manager, Rick Davis, was on Fannie and Freddie's payroll. They paid him $15,000 a month. I don't know about you, but to me, that's real money. Oh, it gets better. Much better. What did he do for them? Nothing! That's right. He did nothing for them: They said they did not recall Mr...
The Latest Nigerian Scam E-Mail
Posted on September 24, 2008Be aware if you receive the following e-mail. It's obviously a scam: SUBJECT: REQUEST FOR URGENT BUSINESS RELATIONSHIP DEAR AMERICAN: I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE. I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA...
Will the Times Give Obama Equal Time?
Posted on September 24, 2008Recently the New York Times ran an article suggesting that John McCain's campaign manager, Rick Davis, had a business relationship with Fannie Mae and Freddie Mac. The McCain Campaign issued a fervent denial. Although I criticized the statement, the McCain Campaign did make a fantastic point:The New York Times has never published a single investigative piece, factually correct or otherwise,...
Rick Davis' Fannie-Freddie Connection
Posted on September 24, 2008Recently the New York Times reported that John McCain's campaign manager, Rick Davis, received hundreds-of-thousands of dollars from Fannie Mae and Freddie Mac. The report indicated that Fannie and Freddie were paying Davis' consulting firm $15,000 a month for nothing...
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Can someone detained in a search w/ warrant, be charged with a crime related to the search if they were not arrested at the time of the search?
The police have fairly wide discretion on when they can make an arrest so long a...
I was a bookkeeper for a recreation center. The Center Director left and a new director took over. I went to work one day and some of my files were missing. I called our computer tech and her restored the files (I had ma
In order for a crime to be established you need to conclusively prove that the D...
If I was detained by citizens unlawfully, and then the police showed up...is everything they charged me with in-admissable?
Probably depends on the law of the state in which you live. Many states allow fo...
If I pay restitution, can I still be charged with a crime?
It sounds like the law in your area is treating it as a civil matter. That being...
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Parallel parking gone bad. Too much gas UES NYC
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UES NYC
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On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
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Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
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Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
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Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
Do parents have the right to NOT turn in a sexual offender?
No. The offender should be turned in regardless of any disability (1), or reason...
Can someone detained in a search w/ warrant, be charged with a crime related to the search if they were not arrested at the time of the search?
The police have fairly wide discretion on when they can make an arrest so long a...
I was a bookkeeper for a recreation center. The Center Director left and a new director took over. I went to work one day and some of my files were missing. I called our computer tech and her restored the files (I had ma
In order for a crime to be established you need to conclusively prove that the D...
If I was detained by citizens unlawfully, and then the police showed up...is everything they charged me with in-admissable?
Probably depends on the law of the state in which you live. Many states allow fo...
If I pay restitution, can I still be charged with a crime?
It sounds like the law in your area is treating it as a civil matter. That being...
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