Qwanz

Arizona’s statute is not presumptively unconstitutional merely because it says that police officers are required to try to make “a reasonable attempt” to determine the status of a person “where reasonable suspicion exists” that the person is here illegally. The fact that the meaning of “reasonable” will not be obvious in many contexts does not make the law obviously too vague to stand. The Bill of Rights — the Fourth Amendment — proscribes “unreasonable searches and seizures.” What “reasonable” means in practice is still being refined by case law — as is that amendment’s stipulation that no warrants shall be issued “but upon probable cause.” There has also been careful case-by-case refinement of the familiar and indispensable concept of “reasonable suspicion.”

This article proves how truly complex and difficult this whole issue is.

Join the discussion. What do you think of the Arizona immigration law?

some scholars in finance, law and economics — perhaps less inhibited by practical considerations — see an opportunity to revolutionize the financial system.

Don’t agree with the Senate bill being supported by President Obama,and do recognize that something’s got to give?

Click on to the NYT article

Before a packed crowd at New York’s Cooper Union, Barack Obama made a forceful appeal for regulation of the financial markets. “The American experiment has worked in large part because we guided the market’s invisible hand with a higher principle,” he said. “A free market was never meant to be a free license to take whatever you can get, however you can get it.

After delivering a speech on financial regulation reform, it seems Obama begins another epic battle. One that feels like it will make or break his presidency. Foreign leaders are clamoring for it, much of American (and their little tempestuous tea parties) are watching what’s going to happen especially as Goldman Sachs has finally been sued.

Once again, it’s easy to note how Obama and his speechwriters know how to talk to a skeptical nation. Addressing directly the fears that have been stoked irresponsibility, he pulls a quote from Time Magazine of yore to remind us that we were always afraid of change and that perhaps we should learn that it is the only path forward.

And as we watch those we hope are the best and brightest that we could have ever chosen, what do you think? Are you for or against Obama’s financial reforms?