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From the category archives:

Government

What's Bad for General Motors is Bad for the U.S.A. – Our Aging Population of Retirees

November 14, 2009

     According to a recent summary from the Congressional Budget Office, because our population is becoming older and sicker spending on Social Security, Medicare, and Medicaid is set to explode and the resulting mountain of debt will overwhelm us.  Here are the depressing statistics.

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Report on Withdrawal of US from Iraq- Problems Predicted

November 13, 2009

On November 2, the U.S. General Accountability Office (GAO) released a report analyzing the Dept. of Defense’s ability to drawdown (or withdrawal) U.S. Forces from Iraq.   Troop withdrawal plans are based on the U.S.-Iraq Security Agreement signed in 2008 (support by President Obama here ) and intend to reduce to 50,000 troops by August 2010 [...]

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The Public's Right to Know

October 16, 2009

The Public's Right to Know: or how polluted is Summit County?
“Every American has the right to know the chemicals to which they may be exposed in their daily living. Right-to-know laws provide information about possible chemical exposures.”   Source: U.S. EPA
Polluted water.  Polluted air.  Superfund sites. Toxic Release of Chemicals.  This is all happening around us.  [...]

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The ABA Ohio Death Penalty Report: Innocence and E-Discovery

September 22, 2009

On Thursday, Oct. 1, 2009 The Akron Bar Association and The University of Akron School of Law presents The ABA Ohio Death Penalty Report:  Innocence and E-Discovery.  Seventeen years after Robert McClendon was sentenced to life in prison for alleged rape, a joint investigation by the Ohio Innocence Project and the Columbus Dispatch led to [...]

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Profiting on Death and Other Random Points

September 10, 2009

Here are a few bits of news you might find interesting:
1.  The race is on to write the script, can you guess how this movie ends (hat tip to Kristina Melomed)?
After the mortgage business imploded last year, Wall Street investment banks began searching for another big idea to make money. They think they may [...]

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I hate to say I told you so, but….

September 3, 2009

This is what I wrote a while back in my paper "Finding State Action When Corporations Govern" (last revised April 15, 2009):
This Article argues that corporations have for some time been increasingly taking on roles as pseudo-governmental actors without incurring the accountability to the people generally associated with state action.  This is happening via “new [...]

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Just because you're paranoid . . . .

August 20, 2009

Fun weekly "coincidence":
First, Frank Rich (HT: Kristina Melomed) opines that:
What the Great Recession has crystallized is a larger syndrome that Obama tapped into during the campaign.  It’s the sinking sensation that the American game is rigged — that, as the president typically put it a month after his inauguration, the system is in hock to [...]

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Ethics for the State Legislature

July 24, 2009

Can a state representative vote for raises for employees of the General Assembly in which his wife was recently hired.  Isn’t this an ethics violation?
Can our local congressman accept free loge season passes to local University football games?
What top 3 lobbyists spent the most money on the Ohio General Assembly last year?

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Goldman Sachs and the Problem of Structural Bias

July 16, 2009

I'm teaching Corporations this summer and we recently discussed how different jurisdictions deal with the problem of structural bias when it comes to allowing special litigation committees to dismiss derivative actions.  To give some brief background, we start with the proposition that the decision of whether or not to pursue a legal claim held by [...]

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Why do public officials violate Ohio Ethics Laws?

July 10, 2009

Our local park official hired her step-son to work as a life guard for the summer.  Isn’t this called nepotism?  Isn’t this against the law?
How can I find out the financial interests and the property owned by a local elected official?
What can we do if a local official is about to commit an ethical violation?  [...]

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Is there federal recovery money for individuals?

June 19, 2009

I was laid off last December and I could not afford the COBRA health insurance, but I see there is new funding for COBRA that even includes helping to pay premiums in some cases.  Can I change my mind and select COBRA now?
Things are not going so good for my small business.  The economy is [...]

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The President's Financial Regulatory Reform Proposals: Too Much, Too Little, or Too Soon to Tell?

June 18, 2009

Yesterday, the Obama administration unveiled its most recent proposals for financial regulatory reform, calling for "A New Foundation."  The proposals break down into five key objectives: (1) "Promote robust supervision and regulation of financial firms," including creation of a new "Financial Services Oversight Council of financial regulators to identify emerging systemic risks and improve interagency [...]

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