Archive for the 'Law' Category

Corporations

I’ve been reading this book Inc And Grow Rich trying to learn more about the incorporation process.

I needed to find a quick and easy to read book giving me the basics on pros and cons of different types of corporations and the benefits of incorporating. “Save yourself 70% in taxes and protect your assets forever.”

When starting to invest, it is important to think about the protection of those assets while conducting business online, or work from home. So, I am reading as much as I can and will post about what is going on as I can.

I find these books easier to read than the common get-rich books, but all are important to build my understanding or financial intelligence.

Judge Sues Over Missing Pants

Wow, so now I guess you can sue for ridiculous amounts of money for just about anything these days.

Is this guy really a judge? How can a judge be so irrational and still be taken serious?

Roy Pearson Jr lost his initial lawsuit of 54 million dollars to a local dry cleaner who seemed to have misplaced his pants. But he has filed an appeal, even though the Chung family withdrew their motion to have Pearson pay their legal fees. Which are at about $82,000. The Chung family has raised $100,000 in donations and fundraisers to help cover the legal fees and business losses.

54 million for missing pants?

Celebrity Mugshots

Well now my wife is telling me she wants to “collect the Harry Potter Books” and I had to ask her, “do you plan on reading them?” Collect books? I have no idea why Harry Potter is so popular, but it seems now even my wife is wrapped up in the current media hype over Harry.

Nonetheless, this brings me to the topic at hand! Celebrity Mugshots.

I wonder how long until Daniel Radcliffe gets his first DUI and his mugshot makes the internet, alongside the likes of Paris Hilton and Lindsay Lohan – why don’t these girls hire drivers to drive them around if they are drunk?

Medical Marijuana

It looks as if New Mexico will be the 12th state to legalize “medical marijuana.”

Democratic Gov. Bill Richardson, poised to sign a bill making New Mexico the 12th state to legalize medical marijuana, said Thursday he realizes his action could become an issue in the presidential race.

“So what if it’s risky? It’s the right thing to do,” said Richardson, one of the candidates in the crowded 2008 field. “What we’re talking about is 160 people in deep pain. It only affects them.”

The legislation would create a program under which some patients with a doctor’s recommendation could use marijuana provided by the state health department. Lawmakers approved the bill Wednesday. The governor is expected to sign it in the next few weeks.

Richardson has supported the proposal since he first ran in 2002. But he pushed especially hard for it this year, leaning on some Democrats to change their votes after the bill initially failed.

“Give him credit. It’s not something you do because you’re going to garner great political support for it. It is a bit controversial,” said Thomas Mann, a political analyst at the Brookings Institution in Washington. By the same token, Mann says, it is not likely to hurt him in the Democratic contests.

“If he were to surprise us all and actually win the Democratic nomination, he’s got an interesting mix of positions” that would not be undercut by his support of medical marijuana, Mann said.

“It’s an interesting risk,” added Lonna Atkeson, professor of political science at the University of New Mexico. “I’m somewhat surprised, because I think he’s sort of cautious, usually.”

A majority of the states that have legalized medical marijuana are in the West, and Atkeson suggested his position could play well in the region. But it could also give Richardson’s rivals a potential issue to focus on.

Drug Policy Alliance New Mexico said Richardson will be the first presidential candidate ever to advocate medical marijuana “by vocally supporting and signing legislation.”