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In his State of the Union address, on January 24, President Obama said: "I’m asking my Attorney General to create a special unit of federal prosecutors and leading state attorney general [sic] to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans.”
Leftists often insist—and quite rightly—that it is foolish for America to try to impose its political system on countries with fundamentally different cultures. But will they speak out against the American government’s increasing attempts to impose our legal system on countries with fundamentally different cultures? Michael Volkov (background here) points out at his blog “Corruption, Crime & Compliance” just how far the U.S. invasion has gone.
Instapundit Glenn Reynolds has been looking back to the early days of his blog, 10 years ago, and this look back struck me as a particularly fruitful: How about compensation for defense expenditures when a person is found not guilty?
Quoth Reynolds on January 5, 2002: “A lot of people like my idea of applying "loser pays" to the government -- though one lawyer who represents governments says it should work both ways.
We at the Atlas Society and its Business Rights Center mourn the passing of Professor Larry Ribstein, who died of a stroke on December 24, at the age of 65. A pro-business blogger without peer, he stood out as a rare champion of justice amid the Great American Rich Hunt that has taken place in the ten years following the collapse of Enron