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Holder Voids Case Against Ted Stevens. But Why?

Holder Voids Case Against Ted Stevens. But Why?

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James Joyner at OTB, this morning brings news abot the latest action of Eric Holder’s Justice Dept:

Attorney General Eric Holder has dropped the case against Ted Stevens, NPR’s Nina Totenberg reports.
A jury convicted Stevens last fall of seven counts of lying on his Senate disclosure form in order to conceal $250,000 in gifts from an oil industry executive and other friends. Stevens was the longest-serving Republican in the Senate, however, he lost his bid for an eighth full term in office just days after he was convicted. Since then, charges of prosecutorial misconduct have delayed his sentencing and prompted defense motions for a new trial. According to Justice Department officials, U.S. Attorney General Eric Holder has decided to drop the case against Stevens rather than continue to defend the conviction in the face of persistent problems stemming from the actions of prosecutors. The judge in the Stevens case has repeatedly delayed sentencing and criticized trial prosecutors for what he’s called prosecutorial misconduct. At one point, prosecutors were held in contempt. Things got so bad [...]
No One’s Responsible, not even Barney Frank

No One’s Responsible, not even Barney Frank

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I sit here this evening watching a lovefest between 60 Minutes correspondent Leslie Stahl and Barney Frank. This is, in my opinion, not what I would consider to be an objective portrayal of Rep. Frank. For starters, Ms. Stahl not once, but twice, suggested he's the smartest man in Congress. That really doesn't say much for the rest of Congress, unless she's suggesting he's a savant. Rep. Frank is the presiding chairman of the House Committee on Banking and Finance. He's been a member of this committee for years and can be credited with stopping legislation in committee to limit the power and authority of Fannie Mae and Freddie Mac in 2004, 2005 and 2006, as reported in a series of articles in the Wall Street Journal in late October. It was later disclosed that he was having a close relationship with one of the executives at Fannie Mae, but this was [...]

Economic Healing

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Today’s Wall Street Journal contains an op/ed by Brian Wesbury, one of the more level-headed and highly respected economists in the country.  His recommendation is that Congress suspend mark-to-market accounting rules, because investors refuse to put money into...

Critical Thinking Skills

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At 6:00 this morning I was in the middle of my daily 15 minute workout routine, watching CNBC’s Squawk Box and trying to get a read on the markets.  If you’re unfamiliar with this show, it’s hosted by Joe Kernan, Becky Quick and Carl Quintinilla.  If...
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