Australian Investors, New York Roommates and David Frum
Australian investors bring a lawsuit against a Melbourne-based bank to the U.S. Supreme Court.
New York City maintains an infrequently-enforced law against four or more unrelated people living together.
Pundit David Frum splits from the American Enterprise Institute.
1. LEGAL
Australian investors bring a lawsuit against a Melbourne-based bank to the U.S. Supreme Court.
CEI Expert Available to Comment: Director of the Center for Investors and Entrepreneurs John Berlau argues that this case is outside the court’s jurisdiction.
“CEI’s brief, written by CEI general counsel Sam Kazman and international law specialist Ernesto J. Sanchez, argues that ‘these types of lawsuits, in which plaintiffs circumvent the legal systems of countries where their disputes arise to take advantage of what they see as the U.S. legal systems ‘s more favorable aspects, amount to nothing more than global forum shopping.’”
2. REGULATION
New York City maintains an infrequently-enforced law against four or more unrelated people living together.
CEI Expert Available to Comment: Warren Brooks Fellow Ryan Young on why this law should be repealed.
“The city has the good sense to rarely enforce the rule – just three times since July, according to the Times. This is good. What would be better is to repeal it. When a law is almost universally regarded as counterproductive, not only should go unenforced, it should go away.”
3. POLITICS
Pundit David Frum splits from the American Enterprise Institute.
CEI Expert Available to Comment: CEI President Fred Smith on why AEI let him go.
“Even conservative intellectuals seek respect from their fellow intellectuals. Intellectuals – having no obvious product save words and media appearances – are often insecure. Since most intellectuals are statists, the David Frums of the world are drawn into that ideology. AEI is not a statist institution – why they put up with him is unclear.”