Word: legality
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...been truly remarkable. The Bush administration worked to ensure America’s safety by reforming our homeland security and intelligence infrastructure to face the new threats of terrorism. New intelligence and security departments and offices were created, emergency management plans improved across all levels of government, legal reforms implemented, and borders made more secure. In addition to overseeing a rapid recovery from the 2001 recession due to tax cuts and shrewd economic policy, the administration has made consequential efforts to shore up America’s economy in this latest financial crisis. As the largest buyers of sub prime...
...Barely a month after the September 11 terror attacks, on Oct. 23, 2001, then Deputy Assistant Attorney General John C. Yoo co-wrote a memo regarding "Authority for the Use of Military Force to Combat Terrorist Activities Within the United States." Jay Bybee, then chief of the Office of Legal Counsel, acknowledged in a later memo that the act generally prohibits use of the military for law enforcement purposes unless there's a constitutional or statutory reason for doing so. However, he and others came to the conclusion that even absent constitutional or statutory support, the act "does not forbid...
There's anger too, and a gathering phalanx of lawyers ready to go after Madoff, his feeder funds and brokerage houses. Few victims expect to realize much from this legal offensive. Most see the Internal Revenue Service as the go-to place for lost monies, with at least three years of back taxes being recoverable. The next best hope: the Securities Investors Protection Corporation, which was set up for just such fraudulent behavior among securities brokers. It's unclear how much money SIPC has for victims, and payouts are notoriously slow. But there are reports it may offer between...
...flood of potentially frivolous lawsuits, many directed at small businesses of less than 1,000 square feet, can have a profound effect on the local economy. Fearing the costs of a lengthy legal battle, many small-business owners decide to settle with plaintiffs for thousands of dollars. Some can't absorb the losses and end up shuttering their businesses...
...abrupt changes. A new state law, S.B. 1608, approved by Governor Arnold Schwarzenegger and which goes into effect on Jan. 1, 2009, may only complicate the issue by creating a special class of "qualified defendants" (who have opted to be officially certified) who can avoid additional damages and legal expenses...