5/13/2015 What happened? When 8 pro-trade Democrat Senators left a strategy meeting on Tuesday and announced their opposition to continuing the Trans-Pacific Partnership (TPP) “fast-track” debate at 1pm, it marked the strongest rebuke of President Obama by his own party in his tenure. The resulting 52-45 vote, although technically gaining a majority of votes, will
5/12/2015 A former sales executive for the money transfer service, Intermex, filed a lawsuit last week in Kern County Superior Court in central California, alleging that she was fired for disabling a company-required app on her phone that constantly tracked her motions. Myrna Arias, who worked at the Bakersfield-area company, claims she was fired after
5/12/2015 U.S. Justice Department lawyers presented a motion to dismiss MetLife’s suit against the government on Friday, May 8th in U.S. District Court in Washington DC. MetLife filed the suit in January, after being named by the U.S. Financial Stability Oversight Council (FSOC) as a company that is a Systemically Important Financial Institution (SIFI), known
5/11/2015 In a decision that turns a bad situation even worse for the state of Illinois, the state’s Supreme Court unanimously declared a law to reduce the amount of pension benefits for state workers to be unconstitutional. The controversial law titled SB 1, signed in December, 2013 by then-Governor; Pat Quinn, reduced compounded cost-of-living increases
5/11/2015 Conservative writer and columnist, Charles Murray, wrote a poignant Saturday Essay in the Wall Street Journal, arguing for a citizens’ revolt over the increasingly complicated world of governmental oversight. Noting that there are currently over 175,000 pages of regulations on the books, and moving in an upward trend, Murray contrasts the amount of regulation
5/10/2015 In a pointed example of a mega-merger gone terribly wrong, jury selection has concluded for the trial of 3 executives from the former New York-based legal powerhouse, Dewey & LeBoeuf. Former Chairman, Steven Davis, former Executive Director, Stephen DiCarmine, and former CFO, Joel Sanders are each facing several charges including fraud, grand larceny, and
The WPLA allows claimants to recover for breach of express or implied warranties: “(2) A product manufacturer is subject to strict liability to a claimant if the claimant’s harm was proximately caused by the fact that the product was not reasonably safe in construction or not reasonably safe because it did not conform to the
5/8/2015 The new locus for discussing the balance between labor and trade in the controversial Trans-Pacific Partnership (TPP) agreement is literally on the feet of millions. President Barack Obama is in Beaverton, Oregon today at the Nike headquarters to deliver a speech promoting the value of the proposed trade deal, especially with regards to imports.
5/8/2015 Contrary to yesterday’s post regarding the 11th Circuit Court of Appeals ruling that warrantless access to phone records is not an invasion of privacy; a 3-judge panel from the 2nd Circuit ruled unanimously on Thursday, May 07th that the National Security Agency (NSA) spying program is illegal. Although both programs base their justification on
5/7/2015 Just a quick rule of thumb that I tend to go by; when representatives for FIRE industries (Finance, Insurance, and Real Estate), try to tell me that something they are doing is for my benefit, I assume they mean it in the same manner that punching them in the face to keep their sinful