SCOTUS – Formidable Lineup of cases

supreme court 2017

The highest court in the US is often the final word on highly contentious laws, disputes between states and the federal government, and final appeals to stay executions.

It hears fewer than 100 cases a year and the key announcements are made in June. Each of the nine justices serve a lifetime appointment after being nominated by the president and approved by the Senate.

Cases are usually brought to the court after they are appealed from a series of lower courts, although in time-sensitive cases, lawyers can petition for a hearing. The court’s opinions can also create precedents, directing other judges to follow their interpretation in similar cases.

In recent years, the court has expanded gay marriage to all 50 states, halted President Obama’s immigration orders and delayed a US plan to cut carbon emissions while appeals went forward.

Occasionally, the Supreme Court will revisit an issue in a new case and change their own precedent, a move anti-abortion activists hope will come to pass with a new conservative justice.

The case that interest me the most is Carpenter v United States, which is another application of 18th-century rights to the 21st comes in Carpenter v United States, a case asking whether the right to privacy extends to information beamed out from mobile phones. In 2011, when Timothy Carpenter was arrested for organizing a series of armed robberies, the FBI built its case on four months of mobile-phone data showing where he was when the crimes took place. This information was retrieved under a law permitting phone companies to divulge information to corroborate “specific and articulate facts” relevant to a criminal investigation. By placing Mr Carpenter within a stone’s throw of the robberies based on the antennae through which he placed and received calls, the FBI was able to map his movements and convict him without ever securing a warrant from a judge. In Carpenter, the justices will ask whether this tactic violated the Fourth Amendment’s ban on “unreasonable searches and seizures”.

source

here and here

 

Private eye Vincent Parco

Truth – they say, and I of course am starting to believe in is stranger than fiction!

This is so juicy and good that I love it !

Like many private investigators, Vincent Parco has, for nearly 30 years, made his living in the darker corners of New York.

In 1991, he admitted on the witness stand to having sold a pistol and a silencer to a woman who used them in a love-triangle murder that came to be known in the city’s tabloid media as the “Fatal Attraction” case. Decades later, he found himself embroiled in the salacious prosecution of Anna Gristina, the so-called Soccer Mom Madam, whose little black book inspired terror among the rich and famous, both before, and after, she pleaded guilty, to running a brothel on the Upper East Side of Manhattan.

On Tuesday, however, Mr. Parco, 67, made the leap from a simple sleuth and connoisseur of crime to a criminal defendant. In a proceeding that rivaled (and perhaps outdid) his prior exploits in the underworld, he was charged with trying to derail a sexual abuse case in a Hasidic community in Brooklyn by secretly recording a witness having sex with prostitutes he had hired then threatening to expose the man unless he stopped cooperating with prosecutors.

NYT – page A21; Wednesday, September 20th 2017

“Beyond loyalty the harsh requirements of security”! – “Now, I am become Death, the destroyer of worlds”.

openherimer

On July 14th 1954, the Physicists Robert Oppenheimer (1904 – 1967: easy way to remember is: 18th century beginning to next 75 years roughly. 1900s) was on Time Magazine’s cover .

Oppenheimer was the wartime head of the Los Alamos Laboratory and is among those who are credited with being the "father of the atomic bomb" for their role in the Manhattan Project, the World War II undertaking that developed the first nuclear weapons used in the atomic bombings of Hiroshima and Nagasaki.

Time read as a caption: “Beyond loyalty the harsh requirements of security”!

After he had seen the fireball glowing after the bomb had been dropped. This quote has become infamous and it is actually chapter 11 verse 32 of the Bhagavad-Gita, a scripture which has been revered by Hindus for thousands of years.

He is said to have famously quoted on “Now, I am become Death, the destroyer of worlds”.

July 16 1945 was the first atomic bomb test. August 9, 1945 the bomb was dropped on Nagasaki.

(One of the planes in the squadron – for the Bomb dropped on Hiroshima was called “Necessary Evil" flown by Captain. George W. Marquardt- his duties: Strike observation and photography)

The story of the Gita is that of Arjuna, a human prince who has been summoned to a war between princely cousins. Arjuna doesn't want to fight — not because he lacks courage, or skill, but because it is a war of succession, so his enemies are his own cousins, his friends, his teachers. Arjuna does not want to kill them. He confides in his charioteer, who turns out to be the god Krishna in a human form. The text of the Gita is mostly Krishna telling Arjuna why Arjuna must go to war, even if Arjuna does not want to do it.

Krishna's argument hinges on three points: 1. Arjuna is a soldier, and so it is his job — his duty — to wage war; 2. It is Krishna's job, not Arjuna's, to determine Arjuna's fate; 3. Arjuna must ultimately have faith in Krishna if he is going to preserve his soul.

Arjuna eventually starts to become convinced. He asks Krishna if he will show him his godlike, multi-armed form. Krishna obliges, showing Arjuna an incredible sight:

At Franklin Roosevelt’s funeral he read a passage from the Gita chapter 17 verse 3 ,

“Man is a creature whose substance is faith, what his faith is, he is”.

A thousand simultaneous suns

Arising in the sky

Might equal that great radiance,

With that great glory vie.

Arjuna is awestruck and spellbound:

Amazement entered him; his hair

Rose up; he bowed his head;

He humbly lifted folded hands,

And worshipped God. . . .

Source from here and here

You can listen to what trump said here 

"They will be met with fire and fury and frankly power the likes of which the world has never seen before,"

USA is doing great!

usa

For 38 weeks in a row – straight weeks, since Donald Trump was elected the 45th U.S. President the market has been in a bullish trend. That is it has been around 269 days of relentless bull (a very, very mature bull market though – it is a eight year old bull market!!).

Many people got left out, because they predicted the market collapse. The market is a leading indicator of the overall health of the economy of the USA

S@P gained around 18%

DOW gained around 21%

NASDAQ gained around 23%

41 times DOW hit new highs!! 41 times!

Monday August 21, 2017 is a coast to caost solar eclipse and some people as usual are predicting dire straits for USA. They may or may not be right. But as of today USA is doing great!!

But for the naysayers, here is some good news too…

Electronics for Imaging – EFII, collapsed 41% in thousands of times more volume than average. This might be a time to time to buy Put Options. Remember Enron accounting irregularities! – Thursday was quarterly results and they failed to release it , citing issues over revenue recognition!!

Applied Optoelectronics – AAOI, plummeted 27%. The maker of optical-communications devices forecast current-quarter revenue that was well below estimates. fiber optics industry group is #1 rank in all industry groups.

Trivago- TRVG, collapsed 18% to a three-month low after the travel-booking company reported loss in the quarter.

Impinj- PI, skidded 23% in more than seven times its usual volume. The tracking-chip company beat Q2 sales and earnings views, but gave a soft outlook.

USA is doing great!

usa

For 38 weeks in a row – straight weeks, since Donald Trump was elected the 45th U.S. President the market has been in a bullish trend. That is it has been around 269 days of relentless bull (a very, very mature bull market though – it is a eight year old bull market!!).

Many people got left out, because they predicted the market collapse. The market is a leading indicator of the overall health of the economy of the USA

S@P gained around 18%

DOW gained around 21%

NASDAQ gained around 23%

41 times DOW hit new highs!! 41 times!

Monday August 21, 2017 is a coast to caost solar eclipse and some people as usual are predicting dire straits for USA. They may or may not be right. But as of today USA is doing great!!

But for the naysayers, here is some good news too…

Electronics for Imaging – EFII, collapsed 41% in thousands of times more volume than average. This might be a time to time to buy Put Options. Remember Enron accounting irregularities! – Thursday was quarterly results and they failed to release it , citing issues over revenue recognition!!

Applied Optoelectronics – AAOI, plummeted 27%. The maker of optical-communications devices forecast current-quarter revenue that was well below estimates. Before Friday’s drop, Applied had best-possible IBD ratings. Its fiber optics industry group was ranked No. 1 of 197.

Trivago- TRVG, collapsed 18% to a three-month low after the travel-booking company reported loss in the quarter.

Impinj- PI, skidded 23% in more than seven times its usual volume. The tracking-chip company beat Q2 sales and earnings views, but gave a soft outlook.