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There’s an old saying on Wall Street that a bear market has not bottomed out until the last bull capitulates. News flash. The last bull has capitulated. Me. I’m a true believer in capitalism and markets. There is no better measure of what an item...

Barney Frank has been on a rant over bonuses paid to bank executives. Frank asked one executive: “What is it you’d do differently if you didn’t get a bonus?” Bank executives are easy targets given the current economic climate. But don’t think Frank and others...

The day before the presidential election, when Barack Obama’s victory seemed all but certain, I predicted that I would be able to say “I told you so” about what lay ahead: When this bubble bursts, I will be able to say “I told you so.”...

Barack Obama held his first press conference as President tonight. With the “stimulus” plans on the table at the House and Senate, the press had an opportunity to show that it no longer was slobbering over Obama. The press failed. Not a single reporter challenged...

As an early teen, I was fascinated with Abbie Hoffman’s “Steal This Book.” The book, by the 60’s radical Yippie, was a guide to using the capitalist system to destroy the capitalist system. Hoffman gave advice on how to cheat various institutions, such as the...

I really wanted to put my disgust at Bush Derangement Syndrome behind me in approaching Obama. Yes, Obama and his supporters (i) repeatedly lied about Bush lying us into war, (ii) distorted the court rulings on Gitmo to create the false impression that Bush is...

I don’t pretend to know the ins and outs of Illinois politics. I’ve been following the Rod Blagojevich saga as an outsider looking in, from a legal perspective. One things seems clear to me, as we approach the impeachment trial: Rod Blagojevich is very good...

Has anybody actually seen the paperwork Roland Burris submitted to the Secretary of the Senate which caused Harry Reid and Dick Durbin to approve seating Burris? In her January 12, 2009 Press Release, the Secretary of the Senate stated that “Mr. Burris’s certificate, and accompanying...

It has just been announced that Senate lawyers have agreed that Roland Burris’ paperwork is in order, and he should be seated. If you followed the commentary on my post The Burris-Murkowski Double Standard, you would have seen this coming. There is no way that...

Harry Reid and Dick Durbin have been adamant that they will not seat Roland Burris unless Illinois Secretary of State Jesse White signs a certificate in the form recommended in Senate Rule 2. Durbin was particularly emphatic that no appointee, ever, has been seated in...

Note: See Related Posts Harry Reid Is Wrong — There Has Been A Senate Appointment Without A Secretary Of State Certification and The Burris-Murkowski Double Standard. —————————————— Harry Reid, U.S. Senate Majority Leader, needlessly has created a potential constitutional crisis over the seating of Roland...

The Israeli newspaper Haaretz is reporting that the U.S. has arranged for a charter ship “to carry 325 standard 20-foot containers of what is listed as ‘ammunition’ on two separate journeys from the Greek port of Astakos to the Israeli port of Ashdod in mid-to-late...

On October 29, 2008, I wrote It’s 3 a.m. and the Prime Minister of Israel is Calling, which appeared at American Thinker. Considering how events in the Middle East are unfolding, and the likelihood that in two weeks the Obama administration will make decisions on...

Welcome to Legal Insurrection’s Official Guide to Blagojevich Blogs. What makes this “official”? The same thing that makes people think the Franklin Mint is related to the U.S. Mint, even though the commercial says it’s not. These blogs have frequent posts or links specifically about...

Thanks to Open Line Blog and Capitol Fax for cross-posting this piece.———————————————————————————————-On Friday, December 12, 2008, Illinois Attorney General Lisa Madigan filed a motion in the Illinois Supreme Court seeking emergency injunctive relief removing Gov. Rod Blagojevich from office, or alternatively, stripping Blagojevich of his...

Stifling taxes and a large government bureaucracy really work: The violent unrest that followed the shooting of a 15-year-old boy has driven Greece to the brink of a political crisis. The rioting marks an explosion of rage by the country’s young people who have few...

Illinois Attorney General Lisa Madigan has filed papers with the Illinois Supreme Court seeking to have Governor Rod Blagojevich declared “unable” to serve, and stripping him of his executive powers pending impeachment proceedings. In filing these papers, however, the Attorney General has boxed herself and...