A very big day for the Supreme Court. In Morse v. Fredrick
, the Court ruled that a school could suspend a child for holding up a "Bong HiTs for Jesus" banner. (Previous post here
). In Hein v. Freedom from Religion
, the Court held that taxpayers lacked standing to challenged Faith Based Initiatives (previous discussions
). In Wilke v. Robbins
, the Court held that land owners do not have Bivens claims if the federal government harasses landowners for easements. In FEC v. Wisconsin Right to Life
, the Court held that the portion of the campaign finance law which had blackout periods before elections on issue advocacy advertising was an unconstitutional restriction of speech (other
). This Thursday, the Justices will deliver their last opinions of the term, including a death penalty case
and the school assignment cases
. (Opinions are .pdfs)
posted by dios
on Jun 25, 2007 -
The Net Democracy Guide
contains a lot of neat information regarding political activity online. Whether you're a Freeper
or prefer DU
, this site discusses a lot of the legal formalities regarding political activity online and who is and is not subject to campaign finance laws. via
posted by Doohickie
on Sep 12, 2006 -
Big Business As Usual.
"In announcing their record settlement with 10 Wall Street firms
accused of misleading investors with bogus recommendations, [the Securities and Exchange Commission] also released new e-mail records showing stock experts chortling about how they were making out like bandits at the expense of the average investor", and revealed troubling insights into the way Wall Street really works:
"Merrill Lynch initiated coverage of LFMN on September 28, 2000 with a 2-1 [10-20% appreciation forecast short term, 20% appreciation forecast long term], when LFMN traded at $22.69. At that time, Merrill Lynch was pursuing an investment banking relationship with LFMN.
After Merrill Lynch initiated research coverage, LFMN's price declined to the....$3-5 range in December. On December 4, 2000, Blodget e-mailed a fellow analyst,'LFMN at $4. I can't believe what a POS [piece of shit] that thing is. Shame on me/us for giving them any benefit of doubt.' Merrill Lynch's research report on LFMN dated December 21, 2000, [reiterates] a 2-1 rating..."
And the "record settlement" with these common swindlers in three piece business suits from our brave SEC? For Wall Street, Fines Are A Day's Pay.
posted by fold_and_mutilate
on May 7, 2003 -
The House has passed the bankruptcy reform bill
that Clinton vetoed at the end of the last session. I'm mildly optimistic that it won't pass the Senate, given that the Democratic vote in the House was split. But should we be worried at all? At first glance
, it doesn't seem like a bad idea. But so many consumer groups are against it, and it seems to benefit credit card companies while hurting individuals, so I'm inclined to think we should leave things as-is. Especially since personal bankruptcies are down and credit card issuers' profits are up. Anyone know more about this?
posted by aaron
on Mar 1, 2001 -