We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign…
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Barclays Capital Study Echoes CFIF on the Danger of Raising Taxes on "The Rich"

We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign targeting "the rich" will inflict further harm on our economy.  Not only would such tax increases hit small businesses (which create most new jobs in America) particularly hard, it would also penalize the income segment that accounts for 1/3 of consumer spending, which itself accounts for 2/3 of the nation's economy. Confiscating even more of those dollars may sound fine on a teleprompter, but it will bring destructive consequences in the real world.

Now, a new study by Barclays Capital highlights another potential harm.  According to their analysis, Obama's plan will cause a 9% drop in the S&P 500 and a 900-point drop in the Dow Jones Industrial Average.  As noted in this morning…[more]

July 30, 2010 • 01:12 pm

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Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Home Jester's Courtroom A Deadline is a Deadline is a Deadline
A Deadline is a Deadline is a Deadline Print E-mail
Friday, February 01 2008

Missing a court filing deadline by one minute may prove to be a very costly mistake for a Southern California law firm. Morrison & Foerster LLP may have cost their client about $1 million because their motion for attorneys' fees was filed one minute late.

According to court papers, one of the lawyers with the firm delivered the motion to a courier service at 3:14 p.m., forty-five minutes ahead of the looming deadline. "[We] never had a problem with getting papers filed by 4 p.m. when delivering them to the attorney service [about forty-five minutes before]," one of the firm's attorneys told the court.

The courier reported after encountering "unusually heavy traffic," he arrived at the courthouse one minute late (according to his calibrated watch) and found the doors locked. Federal court Judge Cormac Carney was unsympathetic. "These circumstances, however regrettable, do not meet the standard for 'excusable neglect," Judge Carney wrote. "[T]he entirely foreseeable obstacle of traffic in Southern California in the late afternoon ... cannot justify an enlargement of time."

The law firm's lawyers may take solace in the fact that Judge Carney ruled that even if the motion for attorneys' fees had been filed on time it would have been denied as there wasn't sufficient evidence to justify the award.

—Source: The Wall Street Journal

Question of the Week   
In 1967, Teamsters Union President Jimmy Hoffa was jailed on a 13-year sentence for jury tampering, fraud and conspiracy. Which one of the following Presidents commuted his sentence?
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Quote of the Day   
 
"House Speaker Nancy Pelosi is the world’s worst cleaning lady. How has she fulfilled her vaunted promise to 'drain the swamp' and preside over the 'most ethical Congress in history'? By shrugging her shoulders, downplaying the gravity of myriad ethics charges against corruptocrat Democrat Rep. Charlie Rangel and waiting for the 'political chips' to 'fall where they may.'  Imagine a custodial…[more]
 
 
—Michelle Malkin, Syndicated Columnist
— Michelle Malkin, Syndicated Columnist
 
Liberty Poll   

Following President Obama's appearance on "The View," which television show should he appear on next?