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Posted by William A. Jacobson on April 26, 2010 9 Comments

Nothing in the civil suit filed by the Securities and Exchange Commission alleges that Goldman Sachs caused the housing bubble or burst it.The transaction at issue in that case was between highly sophisticated investment firms, and had no more to do with the housing market...

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Posted by William A. Jacobson on April 25, 2010 4 Comments

Puerto Rico is approaching a plebiscite on statehood, pursuant to congressional legislation which is under consideration. Pat at And So It Goes In Shreveport has a good post summing up the current politics of statehood for Puerto Rico.One person to keep an eye on is...

Posted by William A. Jacobson on April 25, 2010 6 Comments

Move along, nothing to see from the government's failure as to cancer treatment clinical trials.The clinical treatment system run by the National Cancer Institute has become so burdened with bureaucracy and paperwork that even the Editors of The New York Times are complaining (emphasis mine):The...

Posted by William A. Jacobson on April 24, 2010 25 Comments

"Marc Ambinder is the politics editor of The Atlantic. He has covered Washington for ABC News and the Hotline, and he is chief political consultant to CBS News."Given Ambinder's shoulder-deep mainstream media plumage, I was shocked to read that Ambinder thinks conservatives have gone mad.Much...

LEGAL INSURRECTION QUICK TAKES

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Posted by William A. Jacobson on April 23, 2010 8 Comments

Seems like someone is learning from the Obama campaign, Harry Reid, Nancy Pelosi, Sheldon Whitehouse and other American Democrats.From last night's debate among candidates in Britain (emphasis mine): [Liberal Democrat candidate Nick] Clegg, tried to tie [Conservative candidate David] Cameron to right-wing extremists, a standard...

Posted by William A. Jacobson on April 23, 2010 11 Comments

Welcome back, Blago. It's been a while. What took you so long to shed light on the intrigue among Obama, Rahm Emanuel and SEIU regarding the Senate appointment to replace Obama: Former Gov. Rod Blagojevich's lawyers asked a federal judge Thursday to force President Obama to testify...

Posted by William A. Jacobson on April 22, 2010 10 Comments

The gloss is off the Obamacare rose, if it ever were there. The Office of the Actuary of Medicare has released a report which finds that Obamacare will increase, not decrease, health care costs, and ...

Posted by William A. Jacobson on April 22, 2010 4 Comments

So reports The New York Times regarding a new conventional weapons system under development.In the recent arms control treaty signed with the Russians we agreed to count each of these new conventional weapons towards the nuclear weapons limits in the treaty, meaning that for each...

Posted by William A. Jacobson on April 22, 2010 2 Comments

Steve Malanga wrote an excellent article for City Journal about how public sector unions have controlled, and ruined, California, The Beholden State:How public employees became members of the elite class in a declining California offers a cautionary tale to the rest of the country, where...

Posted by William A. Jacobson on April 22, 2010 1 Comment

And of course, he is a Cornell Law School student, Class of 2010:http://www.youtube.com/get_player(original video here) --------------------------------------------Follow me on Twitter and Facebook...

Posted by William A. Jacobson on April 22, 2010 7 Comments

Not since Sarah Palin gave an interview at a turkey processing farm has the left-wing blogosphere been so excited.The reason for the excitement?Sue Lowden, a Republican candidate for Senate in Nevada, mentioned that bartering is a legitimate means of obtaining health care services. She...

Posted by William A. Jacobson on April 22, 2010 15 Comments

Obama is speaking at Cooper Union, in the heart of the New York financial district, which AP describes as follows (emphasis mine): Ramping up pressure for a financial overhaul, President Barack Obama is heading to the place where the economic meltdown began to argue for...

Posted by William A. Jacobson on April 21, 2010 11 Comments

The civil charges being brought against Goldman Sachs on the eve of the push for financial reform have been politicized from day one by the Obama administration and Democrats.Civil charges can put pressure on a firm and industry, and in themselves can be destructive. Regardless...

Posted by William A. Jacobson on April 21, 2010 8 Comments

With the Obama administration pushing for financial reforms, and the SEC having gone after Goldman Sachs for allegedly favoring a hedge fund client, the spotlight is on New York Senator Charles Schumer.Schumer has been a champion of Wall Street financial firms for years, particularly hedge...

Posted by William A. Jacobson on April 21, 2010 15 Comments

Big news over the wires. The threatened Doorman Strike in New York City has been averted, Deal Reached That Averts a Walkout by Doormen:The owners of more than 3,200 apartment buildings in New York City reached an agreement on a new labor contract with the...

Posted by William A. Jacobson on April 20, 2010 15 Comments

On March 11, I reported on a proposal by a New York State Democratic legislator to ban salt in restaurants, Leave Our Salt Alone.One political scientist, who also totally missed the Scott Brown election call, vehemently objected that the claim the government would regulate salt...

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