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Author: William A. Jacobson

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William A. Jacobson

William A. Jacobson is a Clinical Professor of Law and Director of the Securities Law Clinic at Cornell Law School.

He is a 1981 graduate of Hamilton College and a 1984 graduate of Harvard Law School. At Harvard he was Senior Editor of the Harvard International Law Journal and Director of Litigation for the Harvard Prison Legal Assistance Project.

Prior to joining the Cornell law faculty in 2007, Professor Jacobson had a highly successful civil litigation and arbitration practice in Providence, Rhode Island, concentrating in investment, employment, and business disputes in the securities industry, including many high profile cases reported in leading newspapers and magazines.

Professor Jacobson has argued cases in numerous federal and state courts, including the Courts of Appeal for the First, Fifth and Sixth Circuits, and the Rhode Island Supreme Court.

Professor Jacobson has a national reputation as a leading practitioner in securities arbitration. He was Treasurer, and is a former member of the Executive Committee and Board of Directors of the Public Investors Arbitration Bar Association, a professional organization of attorneys dedicated to protecting public investors. He frequently is quoted in national media on issues related to investment fraud and investor protection, and in the past has served as one of a small number of private practice attorneys who trained new arbitrators for the Financial Industry Regulatory Authority.

Professor Jacobson is co-author of the Securities Arbitration Desk Reference (Thomson-Reuters), updated annually.

Professor Jacobson is frequently quoted in the media on political and legal topics, has authored many Op-Eds in major publications, and appears on television and radio to discuss politics and the law.

A more complete listing of Professor Jacobson's professional background is available at the Cornell Law School website. The views expressed here are his own and not those of any employer or organization,

The best way to reach Prof. Jacobson is by e-mail here.

I admit to not having followed the Obama illegal alien uncle saga very carefully. He previously said he knew nothing about his then illegal alien uncle. Now he says he knows something after the uncle gave up the goods at a recent immigration hearing. The Boston Globe reports (video at bottom of post):
President Obama acknowledged on Thursday that he lived with his Kenyan uncle for a brief period in the 1980s while preparing to attend Harvard Law School, contradicting a statement more than a year ago that the White House had no record of the two ever meeting. Their relationship came into question on Tuesday at the deportation hearing of his uncle, Onyango Obama, in Boston immigration court. His uncle had lived in the United States illegally since the 1970s and revealed in testimony for the first time that his famous nephew had stayed at his Cambridge apartment for about three weeks. At the time, Onyango Obama was here illegally and fighting deportation.
Roger Simon at PJ Media (via Instapundit) asks, What if It’s All True? (emphasis mine):

The supporters of Obamacare are oblivious to their own self-parody. This isn't 2008, kids. It is about the Cha-Ching Cha-Ching and Ba-Bling Ba-Bling. Yes, These Really Are the Winners of the Obamacare Video Contest
Back in August, a group called “Young Invincibles” teamed up with the U.S. Department of Health and Human Services to host an online video contest to promote Obamacare, which sounds about as terrible of an idea as the videos actually turned out. Actor Kal Penn announced the ‘Healthy Young America’ video contest winners in a Google hangout on Monday, naming three winners in the following categories: “You are Not invincible,” “Perform a song,” and “Make an animation.” Young Invincibles’ announcement touted a prize pool worth up to $30,000 for more than 100 prizes. According to the Washington Examiner, First Place took home $3,000, while the Second and Third Place winners received $2,500, and the Grand Prize winner earned $2,000. Without further ado, I present just some of the winning videos:

I don't use the word "evil" very often here, but it certainly would be justified as to the Boycott Divestment Sanction (BDS) movement against Israel and BDS supporters in academia. See the BDS Tag for my prior writings on the BDS movement for background. Now that the National Council of the American Studies Association has endorsed an academic boycott of Israel, the ASA has joined the Jihad against Israel. The ASA National Council's justifications are flimsy and historically incorrect and biased. They cite the separation "wall" (actually mostly a fence, only a wall in certain places) as a justification without noting that the "wall" was build only after a year of unrelenting Palestinian suicide bombings at cafes, reception halls, buses, and even at Hebrew University. Several hundred Israelis civilians died in these suicide bombings. The "wall" put an end to that. So too did checkpoints, where even to this day sophisticated weapons for use against Israel are stopped.

I thought she would consider it. I hoped she would run. We needed it as a country, though not for the reasons her supporters think. Via Boston Herald:
U.S. Sen. Elizabeth Warren pledged today she will not run for president in 2016 and will finish her term. The Bay State senior senator has been mentioned in the preliminary talk about the presidential race, but Hillary Clinton has generated the most buzz. "I'm not running for president and I plan to serve out my term," she said at a press conference in Boston with Mayor-elect Marty Walsh. When further pressed, she added: "I pledge to serve out my term. "I am not running for president. I am working as hard as I can to be the best possible senator I can be."
Her putative presidential campaign may be dead, but her story lives on. And oh, what a story it was. Some might call it a Great American Fairy Tale.

The reason there is no peace in the Middle East is that Palestinians believe this, teach it and put it on their television, via Palestinian Media Watch (h/t @haivri): Sheikh Muhammad Al-Tawil teacher in Al-Aqsa Mosque school: "What's happening at the Al-Aqsa Mosque (i.e., Temple Mount...

Martin Bashir infamously suggested that someone shit and piss in Sarah Palin's mouth because she used the (quite common) analogy of national debt to slavery. Bashir made his suggestion by way of analogy to a slave torture, stating that Palin would be a good candidate for it. Bashir apologized, then was put on vacation, and today resigned. Tommy Christopher at Mediaite has the news:
Just over two weeks ago, MSNBC host Martin Bashir delivered a harsh piece of commentary that culminated in the suggestion that someone should “s-h-i-t” in former Alaska Governor Sarah Palin‘s (R-AK) mouth. Bashir offered an abject apology on his next broadcast, but a chorus of critics continued to demand action against the host. After a reported “vacation” for the host earlier this week, Bashir announced, Wednesday afternoon, that MSNBC and Martin Bashir are parting ways. Here’s the statement from Martin Bashir, via email:

Amnesty for illegal aliens never seems to be really, truly dead, despite frequent pronouncements. The news that John Boehner has hired a former John McCain staffer involved in McCain's push for immigration reform has rekindled speculation that Boehner will go soft on the issue. Steve Dinan in The Washington Times write, Hola: Boehner prepares to push amnesty bill through House:
House Speaker John A. Boehner announced Tuesday that he has hired a longtime advocate of legalizing illegal immigrants to be an adviser, signaling that the Republican is still intent on trying to pass an immigration bill during this congressional session. Immigrant rights advocates cheered the move as a sign of Mr. Boehner’s dedication to action. Those who want a crackdown on illegal immigration said the top Republican in the House has moved closer to embracing amnesty by hiring Rebecca Tallent, a former staffer for Sen. John McCain and fellow Arizona Republican Jim Kolbe. Tallent’s hiring suggests he really does still want to push an amnesty through the House, which to me suggests that the immigration hawks still have their work cut out for them,” said Mark Krikorian, executive director of the Center for Immigration Studies. “She is a professional amnesty advocate.” Ms. Tallent is leaving a job as immigration policy director for the Bipartisan Policy Center and will join Mr. Boehner’s staff Wednesday, putting her in the center of one of the thorniest issues in Congress.
Roll Call reports, Boehner’s New Immigration Policy Director Has Deep Experience on Overhaul Efforts:

Havard's Institute of Politics just released a devastating study showing a massive drop in support among Millennials for Obama and Obamacare. Bottom line is that Millennials don't like Republicans, but for the first time they don't like Obama and Democrats almost as much. Here is the key finding in the Executive Summary (at pp. 5-6):
Additionally, we found that a majority (52%) of 18- to 29- year olds would choose to recall all members of Congress if it were possible, 45 percent would recall their member of Congress (45% would not) and approximately the same number indicate that they would recall President Obama (47% recall, 46% not recall).

Harvard Survey Fall 2013 Millenial Support Recalls

The trends lines are horrible for Democrats particularly among college age students, where the gap between Republicans and Democrats has narrowed significantly:

Just one day after Hezbollah chief Hassan Nasrallah gave a gloating television interview about the triumph of the Iranian nuclear deal, the former head of Hezbollah's rocket forces, someone involved in procuring arms from Iran, and a close associate of Nasrallah was assassinated outside his home in Beirut. Via Times of Israel:
Lebanese Shiite terrorist organization Hezbollah on Wednesday accused Israel of assassinating a top operative outside his home overnight. A statement released by Hezbollah said Hassan al-Laqis was killed near his house in Beirut as he was coming home from work. Laqis was at one point one of the main commanders of Hezbollah’s rocket division, which fired hundreds of missiles at Israel. According to reports in the Lebanese media, Israel tried to assassinate him during the 2006 Second Lebanon War and failed. A statement released by Hezbollah said Hassan al-Laqis was killed near his house in Beirut as he was coming home from work. Laqis was at one point one of the main commanders of Hezbollah’s rocket division, which fired hundreds of missiles at Israel. According to reports in the Lebanese media, Israel tried to assassinate him during the 2006 Second Lebanon War and failed.
Via WaPo:
Israeli Foreign Ministry spokesman Yigal Palmor denied that Israel was involved, the Associated Press reported. “Israel has nothing to do with this incident,” Palmor said. “These automatic accusations are an innate reflex with Hezbollah. They don't need evidence, they don't need facts, they just blame anything on Israel.” The commander was shot five times in the head and neck, the Lebanese Daily Star newspaper reported, citing an unidentified security official. Hezbollah said Laqees had spent his life serving the “resistance” against Israel and lost a son during the group’s 2006 war with Israel. He was previously the target of several failed assassination attempts, it said.
The Daily Star of Lebanon reports an unknown Sunni jihadist group claimed responsibility:

Really, now we're going to make estimated payments to insurance companies because healthcare.gov doesn't even have a payment system? Megyn Kelly discussed this tonight. (Video added at bottom of post.) Here's the Reuters report, Short-term fix eyed for another problem with U.S. healthcare website:
Dec 3 (Reuters) - President Barack Obama's administration has found a short-term fix to pay insurance companies for plans selected on HealthCare.gov, the not-yet-complete government website used to shop for insurance required under Obama's healthcare program. The Centers for Medicare and Medicaid Services (CMS) has not yet finished building the part of the website that would transfer billions of dollars in subsidies for plan premiums and cost-sharing payments to insurance companies. It is part of a long technical to-do list that has so far focused on fixing the errors and lag times in the part of the website used by consumers.... The administration is planning a "workaround" for payments, said Daniel Durham, vice president for policy and regulatory affairs at America's Health Insurance Plans. Health plans will estimate how much they are owed, and submit that estimate to the government. Once the system is built, the government and insurers can reconcile the payments made with the plan data to "true up" payments, he said.

A follow up to An increasingly dangerous presidency and More on Obama lawlessness. You can read the full testimonies at the links. The key thing is that there may be no remedy -- other than at the ballot box in 2014 -- to Obama's lawlessness. There...

In an interview airing now on Lebanese OTV television, Hezbollah chief Sayyed Hassan Nasrallah discusses the Iranian nuclear deal (summary translation via NOW Lebanon):
The Iran nuclear deal has significant repercussions. The region’s peoples are the biggest winners from this deal because regional and international forces have been pushing for war with Iran which would have had dangerous repercussions in the region. The deal pushed off the [potential Israeli and US] war [against Iran]. Israel cannot possibly bomb nuclear facilities without the US’ green light. Monopoly of power is no longer present. All American wars have failed. John Kerry made it clear that the US does not want more wars. The US and Europe have failed in the region. It is unlikely that normalization will take place. Iranians wanted to reassure the Gulf countries, especially Saudi Arabia. [interview in progress, check link for more]
More translation at Naharnet:

A highly criticized Swiss analysis suggested a moderate possibility of polonium poisoining as the cause of Yasser Arafat's death.  Arafat's widow had requested the testing. Palestinian political officials immediately announced (as they had even before the Swiss report) that Israel was the culprit. AFP now is reporting that a French group of experts dismisses the claim of poisoning (h/t NOW English): https://twitter.com/AFP/status/407878555729928192 Arafat's death: French experts dismiss the poisoning theory  (via Google Translate):
So says a source close to the ... The experts appointed by the French justice to investigate the death of Yasser Arafat, who died in 2004 near Paris, depart the thesis of poisoning the Palestinian leader, told AFP on Tuesday a source familiar with the matter. "This report rejected the theory of poisoning and goes in the direction of a natural death," the source said, confirming information from France Inter. Recent reports of Swiss and Russian medical tests on samples of the remains of the historic Palestinian leader had revealed the presence of abnormal amounts of polonium-210 in the body and seemed to support the theory of poisoning.
Update: Al Jazeera is reporting similar findings:

From Nanette: Spotted in Kingwood, TX Absolutely love the bottom one and thought you would too! Thanks for all you do! ...

We have been covering the case of the Romeikes, devout Christians from Germany who wanted to homeschool their children because of what they perceived as the secularist agenda in German public schools. They fled and sought asylum in the U.S. after they faced mounting fines...