Opinion
Economic Statistics for 23 May 12
The following statistics were released today on the state of the US economy: New home sales increased 3.3 percent in April to a better-than-expected seasonally adjusted 343,000-unit annual rate. Mortgage application for last week rose by 3.8%. Purchases fell by -3.0%, while refinance apps rose 5.6%. The FHFA House Price Index rose 0.6% in the [...]
Continue reading...Impressions of my time among heroes
24 May 2012 – 12:12 am PDT
I‘m not really one of those people who goes to events like Salute Our Troops in Las Vegas and spends his time trying to get interviews. It’s not that there’s anything wrong with that, it just isn’t my style. Maybe it should be if I ever want to go anywhere doing this, but its not [...]
Continue reading...Civil asset forfeiture: Government piracy
24 May 2012 – 12:12 am PDT
A good friend sends along this George Will column: Russ Caswell, 68, is bewildered: “What country are we in?” He and his wife Pat are ensnared in a Kafkaesque nightmare unfolding in Orwellian language. This town’s police department is conniving with the federal government to circumvent Massachusetts law – which is less permissive than federal [...]
Continue reading...Astronomical Vegetable
24 May 2012 – 12:11 am PDT
(Eugene Volokh) What vegetable’s name is etymologically connected — distantly, to be sure — to an astronomical concept (not just the name of a particular object, such as the name of a planet or a star)? There might well be many answers, but I have one in mind.
Continue reading...Crime to Call a Juror to Make Her Feel Sorry About Her Vote?
24 May 2012 – 12:11 am PDT
(Eugene Volokh) From State v. Baker (Iowa 2004): The parties stipulated to the facts underlying this appeal. Baker was charged with violating section 720.4 based on a telephone conversation Baker had with Debra Krause, who had recently served as a juror in a criminal proceeding against one Greg Schoo, a friend of Baker. On May [...]
Continue reading...One of Kipling’s Grimmer Poems
24 May 2012 – 12:11 am PDT
(Eugene Volokh) I don’t know why I thought of it today — I like to think I’m not that old, but come to think of it Kipling wasn’t that old when he wrote it either. Maybe he was thinking about someone else in particular, but I’m not; it just came to my mind. In any [...]
Continue reading...Fourth Circuit Reverses Dismissal of Piracy Case in United States v. Said
24 May 2012 – 12:10 am PDT
(Eugene Volokh) I quoted Eugene Kontorovich’s criticism of the district court decision when it came down in August 2010; today, the Fourth Circuit reversed, and handed down another piracy opinion in United States v. Dire, which discusses the legal question in detail. Thanks to Howard Bashman (How Appealing) for the pointer.
Continue reading...Another Switch in Time?
24 May 2012 – 12:10 am PDT
(Randy Barnett) Jennifer Rubin and Kathleen Parker’s columns today have made me think of another Justice Roberts: Justice Owen Roberts, who is famous for having switched his vote to uphold the New Deal programs in West Coast Hotel Co. v. Parrish, the 5-4 decision by the Supreme Court upholding the constitutionality of minimum wage legislation, [...]
Continue reading...US Existing Homes Sales Advance, EUR/USD Sinks
23 May 2012 – 12:56 am PDT
EUR/USD was trading sideways till 11:30 GMT and than sharply fell. The decline continues as of now. US existing home sales rose last month, while manufacturing slowed its growth, but continued to expand. Existing home sales increased to the seasonally adjusted annual rate of 4.62 million in April…
Continue reading...Why $FB Will Be Investigated, Proof Zuckerberg Is Unethical, Another Bad Internet Stock & The Real Path To Profits
23 May 2012 – 12:53 am PDT
Due to ignorant but heavy demand from PennyStocking Silver subscribers and trading challenge students and random people wanting to make “easy” money in the stock market, the other day I wrote this research post about Facebook Inc. (FB). Long story … Continue reading → .
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24 May 2012 – 12:12 am PDT
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