December 28, 2008
There is an ongoing debate at talkingpointsmemo.com and other websites about whether President Bush has the power to rescind the pardon that was granted to Isaac Toussie, who had been convicted of federal crimes related to real estate manipulation. The pardon had been signed by the President but not delivered to Mr. Toussie. The President contends [...]
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December 25, 2008
Prof. Ribstein breaks the story here.
If a Ponzi scheme is properly defined as being based on the "rob-Peter-to-pay-Paul" principle, then what else might we dub a Ponzi scheme during this season of giving? Perhaps, our consumerism–which promises us happiness today while selling out our future.
Happy Holidays!
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