Tag Archives: law

Abstract The power to coin money is a fundamental constitutional power and central element of fiscal policymaking, along with spending, taxing, and borrowing. However, it remains neglected in constitutional and administrative law, despite the fact that money creation has been central to the United States’ fiscal capacities and constraints since at least1973, when it abandoned convertibility of the dollar into gold. This neglect is particularly prevalent in the context of debt...

Click on the link and scroll down to the beginning “Roger Stone Is Sentenced” “Tierney Sneed is at the federal courthouse in DC.” Live Blogging I believe Judge Amy Berman Jackson is getting close to Sentencing Stone. Judge Amy Berman Jackson is back and starts off: “Unsurprisingly, I have a lot to say,” Judge Berman Jackson signals that she is also not going to go with Stone’s proposal for only probation. Judge Amy Berman Jackson has sentenced Trump ally...

I have suggested (here and here) that idealism is leading progressives astray.  Unfortunately, climate policy offers many examples. Consider the Climate Equity Act of 2019.  The CEA was, I believe, the first concrete piece of legislation proposed as part of the Green New Deal.  Unfortunately, it illustrates several of the problems with progressive idealism.  The CEA is moralistic rather than strategic.  It does not take policy analysis seriously; it...

Engel Criticizes Trump On Soleimani Assassination Juan Cole reports that House Foreign Affairs Committee Chair, Eliot Engel (D-NY) has criticized the administration for its assassination of Iranian General Qasem Soleimani in response to a report fresh out of the DOD that said the attack was for past activities by Iran in attacking tankers and oil facilities in Saudi Arabia without any mention of a threat against US personnel in Iraq, the ostensible...

I am not a lawyer, but I think lawyers agree that grand juries are a pointless relic of the middle ages. There’s nothing to be done, because they are mentioned in the 5th amendment, but they are silly. Over here east of the English Channel they don’t exist. Decisions about possible indictments are made by judges. One problem with grand juries is that the prosecutor is the only lawyer allowed in the room (unless a witness happens to be a lawyer). Also,...

Can The US Assassination Of Qasem Solemiani Be Justified? We know from various Congressional folks that briefers of Congress have failed to produce any evidence of “imminent” plans to kill Americans Soleimani was involved with that would have made this a legal killing rather than an illegal assassination.  The public statements by administration figures have cited such things as the 1979 hostage crisis, the already dead contractor, and, oh, the need to...

I don't have a big problem with this, which may surprise some since I self-identify as a libertarian of the left. How can this be consistent with personal freedom? The reason I don't have a big problem with it is three-fold. First, new technology will be used. End of discussion. The second reason is related to this. China is up-front about it and the West is not. There is virtually "total information awareness" in the West in the newly emerging surveillance state owing to the...

At This Point Richard Nixon Resigned Richard Nixon resigned as president after the House Judiciary Committee recommended he  be impeached, the vote that just happened yesterday for President Trump.  In the case of Nixon that vote was followed by a famous visit from three powerful GOP senators, including Barry Goldwater, who informed Nixon that he had lost the support of the GOP in the Senate.  Of course now we have the GOP Senate Majority Leader...

I learned a long time ago at much personal expense, that there is a personality type which function within reality, but only in the present moment of reality.  That is, what ever I say now has no bearing or relationship to what I just said or what I am about to say.  I will deny what you thought you heard.  If that is not enough, I will qualify it but…it has no bearing on what you believe I am saying.  You can just never know and ultimately have no...

There is an interesting discussion among smart, expert, thorough economists about wealth taxation. It is clearly stimulated by Warren’s proposal to tax wealth. Gabriel Zucman, Roger Farmer, and the much less famous but also super smart Noah Smith are debating the issues. I’m sure AngryBear readers can benefit from their discussion (to which I don’t link cause I just saw one tweet). I am also sure that it will be a waste of time to click “more” and...