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Word: legalism (lookup in dictionary) (lookup stats)
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...doing for us, right? But, of course, they didn't. Why? The money. It was just too good to let us, the simple-minded investors, foolish enough to think this was all on the up and up, know too much, to raise concern, to cause trouble with perfectly legal, unregistered, multibillion-dollar funds that worked hard to stay under government radar. Legally, they didn't have to say a thing...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...power of the Iowa decision can be measured on its own terms. It did not speak with the historic sweep of the California court, perhaps because the justices there know Iowa's court is less often seen as a harbinger of legal trends than California's. And in one important aspect the decision stopped short of following California's lead. In California, Chief Justice Ronald George declared that from now on, any laws that discriminate against gays in California are presumptively unconstitutional and will be subject to "strict-scrutiny" analysis by the courts - a burden that is reserved in every...

Author: /time Magazine | Title: The Meaning of Iowa's Gay-Marriage Decision | 4/4/2009 | See Source »

...decision came at a pregnant moment in what has become one of the defining legal battles of our time. It offers hope to supporters of gay marriage just when they were feeling lowest. Last year's ruling by the California Supreme Court issued a broad new justification for gay marriage - the Republican-dominated court declared forcefully that California may not discriminate against gays in any way, giving the ruling more legal force and sweep than any decision of its kind ever has. Thousands of couples flocked to clerk's offices to be wed. Months later, in November, however, that jubilation...

Author: /time Magazine | Title: The Meaning of Iowa's Gay-Marriage Decision | 4/4/2009 | See Source »

...after Friday those calculations look timid. Now three states require full marriage for gays, and Vermont is on the brink of becoming the first state where gay marriage would be made legal by lawmakers, rather than the courts - a significant milestone. The Vermont House passed a law allowing gay marriage on Friday, and the Senate is expected to follow suit on Monday. Gov. Jim Douglas has promised to veto it, but an override fight will quickly follow, probably by next week...

Author: /time Magazine | Title: The Meaning of Iowa's Gay-Marriage Decision | 4/4/2009 | See Source »

...frank way in which it raises the issue of religious objections to gay marriage. As the Supreme Court did in Lawrence v. Texas, its seminal 2003 ruling striking down sodomy laws, the Iowa court says that mere moral opprobrium or deeply held values are not enough to warrant legal sanctions or the denial of legal rights. The court then subtly raises the issue of religious opposition to gay marriage, even though the legal briefs by the other side...

Author: /time Magazine | Title: The Meaning of Iowa's Gay-Marriage Decision | 4/4/2009 | See Source »

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