Monday, July 06, 2015

DRACHMA DRAMA

USA WOMEN'S TEAM WINS WORLD CUP!


USA topped Japan 5-2 in the finale Sunday, as the US becomes the first nation to win the WC three times. 

Donald Trump: "When did we beat Japan at anything?"
Presidential Announcement speech, June 16, 2015. 

On Sunday, the Greeks voted "NO" to the conditions of the EU to restructure the debt Greece has defaulted on. 

What now?  (the puzzled blog reader is asking).

EU finance ministers will meet again with Greek officials to see if an agreement can be reached restructuring Greek debt. Meanwhile, with no relief, Greek banks, which have already restricted withdrawals to $60.00 will soon run out of cold, hard, euros. At that point the banks have the option of only issuing IOU's (or in Greece- IOG's). That will last about a week, and then you will see the remarkable event of an entire nation run out of cash. Greek debit and credit cards (not to mention checks) are no longer being honored in the rest of the world. Within Greece, people will soon not be able to trade goods and services for currency. The economy, which is sputtering along, will grind to a crashing halt. The government will have no choice at that point but to withdraw from the EU and start printing Drachmas, which for a long time will not be honored in the rest of the world. Greece will be most unable to import goods. 

It's not a pretty picture.

We read more in a week then most lawyers with sixty months and one day Bar membership* read in a lifetime. And we certainly read more in a month than all of those newly minted judges combined read in several lifetimes. 

During our weekly reading, we  came across a couple of quotes:

"It is preposterous to suppose that the people of one generation can lay down the best and only rules of government for all who are to come after them."
Ulysses S. Grant. 

"I do not for a moment believe that the Americanism of today should be be a mere submission to the American ideals of the period of the Declaration of Independence."
Theodore Roosevelt. 

And finally…
"Wisdom too often never comes so one ought not to reject it merely because it becomes late."
Henslee v. Union Planters National Bank & Trust, Co., 335 U.S. 595 (1949),  J. Frankfurter, dissenting
in which he admits his prior decision in a similar case used to uphold the decision in this case, was wrong. 


King Slams Roman. 

Federal Judge James King gave retired Miami officer Juan Roman twenty-five years (thats veinticinco if you're counting) for downloading and possessing child pornography.  A later investigation revealed videos of the officer molesting children.  
David Ovalle and the Herald reported on the sentencing last week here. 

New week. Summer time and the blogging is slow. 

Keep cool. See you in court. 


*After being a member of the Bar for five years, you are eligible to become a judge.




5 comments:


  1. Here are a few quotes you must have passed over during your reading time:

    “It is unwise to be too sure of one's own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err.”
    ― Mahatma Gandhi

    “True humility is not thinking less of yourself; it is thinking of yourself less.”
    ― C.S. Lewis, Mere Christianity

    “These are the few ways we can practice humility:
    To speak as little as possible of one's self.
    ― Mother Teresa, The Joy in Loving: A Guide to Daily Living

    ReplyDelete
  2. I wonder how many people realize that Ted Kennedy is partly responsible for US win?

    ReplyDelete
  3. Would you be as sanguine with a state judge launching your guy and shrugging off precedent? Why blindly "submit to past ideals" of what is fair or just? To each time its own justice, right? Who cares coke possession regularly gets CTS, let's give your guy 5 years.

    Oh wait, you only want to ignore the wisdom of the past when its counter to your ideology?

    ReplyDelete
  4. 5:16- you quote altruists/collectivists who spent a lifetime denigrating the individual and preaching altruism and sacrificing the individual to the collective. And you thought that would impress us? Have you see our email address?
    You should know your audience before making an argument.

    HR

    ReplyDelete
  5. BTW : A is A
    Ayn Rand, from Aristotle. That's the response to the absurd Ghandi quote about not being too sure of one's own wisdom. We are supremely sure of our superiority. We demonstrate it every day in every way, not the least of which is that of all the lawyers and judges and court personnel, it was one supremely smart and successful individual who started this blog, which you and hundreds of others read every day.

    ReplyDelete