FREEDOM LINE BLOG: 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…
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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 Learning Courtroom Etiquette — The Hard Way
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Friday, February 22 2008

A North Carolina lawyer has been held in criminal contempt for reading a magazine during a court session. District Court Judge Kevin Eddinger issued the contempt order against attorney Todd Paris after witnessing him reading Maxim, a men's magazine, while seated on a bench in court reserved for lawyers. The cover of the magazine prominently featured a female topless model.

According to the court's order, Mr. Paris apologized and "stated in his view the magazine was not pornography, was available at local stores and that he didn't intend contempt." Judge Eddinger found Mr. Paris' conduct to be "grossly inappropriate" and "patently offensive" and "impaired the respect due" the court. Mr. Paris was issued a $300 fine and a 15-day suspended prison sentence.

According to news reports, Maxim is sending both Judge Eddinger and Mr. Paris a one-year complimentary subscription.

—Source: The Wall Street Journal

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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?