Wednesday, December 19, 2007
The Last Legal Issue
Tuesday, December 4, 2007
Facebook, the work of Bill Belichick?
Monday, November 19, 2007
From Football to Prisonball: The Michael Vick Story
An interesting occurrence happened today, that I have never heard of happening, today, another new twist on an already worn out story. Michael Vick, the dog-fighter extraordinaire, surrendered to authorities, three weeks before he was set to appear in court to be sentenced. Michael Vick turned himself in to jail, before he was even found guilty. I have never heard of anybody going to jail on his or her own will, even before having a sentencing. I thought people wanted to stay out for as long as they could. I hope Mr. Vick is not hoping that the judge will lower his sentence because he’s being such a “good boy” by going to jail before even being asked. The judge should not have any mercy, because Vick really does not care about anybody but himself. If he really wanted to be a “good boy” and to entice the judge to have mercy on him, he should have turned himself in while he was committing the offenses! Also, if anybody thought this was Michael Vick trying to be a good person by serving his time justly, that is not true. I was listening to ESPN News, and it was revealed that Michael Vick’s motive behind all of this is probably to get out early enough to play football in time for fall mini-camp. The reporter said that only if Vick starts his jail term now, could he serve his one-year suggested sentence in time for football season to start. The reporter elaborated saying that Vick could serve 10 months in a federal prison, then the last two probably at a halfway house. This would mean that Vick could start football in August of next year, in perfect sync with the start of NFL’s mini-camps.
I see Michael Vick’s gesture of going to jail early, as actually a selfish move! This man is just trying to position himself to quickly forget about his mistakes and get back to making millions of dollars in the National Football League. This guy is just a bad person trying to again beat the system. I am glad he is doing this. Michael Vick will soon realize his plan is just dumb, for so many reasons. Firstly, he must get reinstated into the league. The rookie NFL commissioner, Rodger Goodell, has been the toughest commissioner ever on player’s legal issues in the league. He has been suspending players left and right for tarnishing the league’s image even a little. If he possibly clears that hurdle in his attempt to make a comeback, I HIGHLY doubt that any self respecting team would take a chance on this convict with a history of legal, and locker room troubles. If any team by the slimmest margin, gave Vick a chance, he would never earn one hundredth of the ten-year, $167 million dollar deal, he signed with the Atlanta Falcons, the most lucrative deal in NFL history. A team might gamble a $1 million dollar contract on him, AT MOST.
Happy Trails Michael Vick. If you thought your plan might just work, just wait until you get your sentence… and it won’t be the minimum of one year in prison… it will be the five years-that the maximum sentencing guidelines allow for these offenses.Wednesday, October 24, 2007
Post Number 3: Below the Zenith Bazaar
Sub-prime mortgages are killing America. That may be a bit drastic, but the US housing and loaning situation is not in a good place right now. Banks are foreclosing upon houses more than ever before. This trend could really mess up the economy. I was once told, by the best teacher ever, that this is a cyclical market. What it will lose, it will probably gain back, at some point. But what if it never does? MarketWatch (a financial information website that provides business news, analysis and stock market data) analyst firm Stifel Nicolaus (no relation to Steve Stifler) claims that "the rapidly increasing scope and depth of the problems in the mortgage market suggest that the entire sector has plunged into a downward spiral similar to the subprime woes whereby each negative development feeds further deterioration", he calls it a "vicious cycle" and adds that they "continue to believe conditions will get worse". If this company is correct, what is going to happen? Will the currently booming economy join the downward trend? Will the subprime market begin to affect more harshly the upper class in various ways? Will many factors cause the US to fall out of the ranks of world super powers? Most likely not, but anything is possible unless we fix the problem.
An article in the Wall Street Journal proposes a solution to the problem. When the sub-prime buyers signed their fixed-rate mortgages, that was the beginning of the end for them. They could afford the “starter loan rate, but then the rates reset higher, and they can no longer pay. The idea for a fix is the brainchild of Sheila Bair, the federal bank regulator. She preaches that banks should convert the subprime loans from their fixed rate status to the currently lower, variable rate. This, she says, would benefit both parties, leaving many sub-prime buyers living in their homes, and banks (although getting less of an income stream) foreclosing fewer houses. A few companies are already responding. Troubled Countrywide Financial announced this week that it will modify the terms of $16 billion in adjustable-rate mortgages through the end of next year. Countrywide has already allowed more than 30,000 customers to restructure their mortgages and will contact an additional 52,000 to offer refinancing options.
Another idea making its rounds in Washington is to ask lenders to take a small, 10%-15%, haircut on these subprime loans but then bring in the Federal Housing Administration to insure the rest. This could spell disaster, if the housing market continues to decline, so it would not be the best idea.
I believe that the government will not save America. America’s housing market, sub-prime market, and future overall economy lies in the hands of the evil corporations that plague our world. I hate corporations for many reasons: they don’t care about their customers; all they care about is money, money, money. They drive prices up through the roof just because they can. But now America is in their hands. If they choose to prove me wrong in my generalizations, America can be okay. If they can follow in the tracks of Country-Wide Financial, they can help our country revitalize itself. Hopefully Sheila Bair gets through to them; but even if she does I will still hate corporations.
Tuesday, October 2, 2007
Post Number 2: Chimps and Limps
Man 2: Ummm… that’s mine… can I have that back?
Man 1: NO! I FOUND IT, IT IS MINE!
Did you ever think a conversation like this could happen? Well, turns out this did happen। A South Carolina man, John Wood, who stored his severed leg in a barbecue smoker that was later auctioned off is locked in a custody dispute with the North Carolina man, Shannon Whisnant, who found it. As farfetched as this sounds, it is a big issue. This could set a precedent for future cases of the same sort (as weird as that also sounds). No one can argue that the leg is not John Wood’s, but is it possible that since he lost the property where it was stored, the leg no longer belongs to him? Could this case be ruled by a kindergarten saying, “Finders keepers losers weepers?” Interestingly enough, I am learning about this in one of my Jewish studies class. According to Jewish sources, if a man does not specifically tell the fiduciary to take care of the valuable object, the fiduciary should morally take care of it, knowing it is important, but is not required by law to take care of it. The fiduciary should now steal the object he is safekeeping. If a fiduciary gives away the item he is looking after, and the man it was given to knows it was not the person’s to sell, he is at fault for accepting it. So according to Jewish law, Mr. Whisnant is at fault and must return the item! Case closed.
In a completely unrelated story, a chimp wants to become an Austrian citizen. Although chimpanzees may be smarter than many humans I know, they are not humans. This is just weird. Can dolphins be humans? Can spiders be humans too then? This would set a precedent that could open a can of worms. But in the end, this would never happen. (If it happens, I will go to Carolina and try to buy that leg off of John Wood.)
The tort of slander and libel are unclear to me. Where is the line of free speech and defamation? What if there is no way of proving the falsehood or truth of a statement? What if the line between opinion and fact is too blurry? The idea of qualified privilege seems to be too easily taken for granted. Who judges whether the public NEEDS to know a certain piece of information? Absolute privilege is completely hypocritical to the anti-defamation idea. Just because you are in court, does that mean that if the court allows you to say falsehoods, you can? Doesn’t make much sense. What about rumors? Is spreading rumors slander? Wouldn’t many of us be serving time in the pen at this point? West Bloomfield would probably be wiped off the map. Think about that. ‘Till next time… Fat Al