After less than two decades on the U.S. Supreme Court, 69 year-old, Justice David H. Souter is retiring. Historically, 69 is a young age for a High Court Justice to retire. Justice Souter, though appointed by President George H. W. Bush, suprisingly veered sharply to the left, voting with liberals of the Court. Clearly he was a closet liberal. There are, however, four conservatives sitting comfortably on the bench. Thus regardless of BO’s pick the Court’s balance will not shift much at all. President BO read a quick statement moments ago about how he will choose a replacement. BO demands the replacement be “sharp and independent” minded with a “record of excellence and integrity.” He further stated said replacement must possess empathy as “an essential ingredient.” His pick will be “dedicated to the rule of law” and “honor constitutional traditions.” BO will seek somebody who “shares [his] constitutional values” and he hopes to swear in the new justice by the first monday in October when the High Court’s new term begins. A list of replacements was devised long ago. To name a few: 1) Bronx native with Puerto Rican roots, Judge Sonia Sotomayor; 2) Elena Kagan, Solicitor General; 3) Leah Read More …

When the economy falters, the general rule has been a marked increase in the price of precious metals. No doubt this precept resounded throughout the head of Teresa Tambunting as she stockpiled approximately $12 million worth of gold in her home, which weighed close to 500 pounds over a 5 year period. How did this crafty caper take place? The 50-year-old vault manager of Long Island City’s, Jacmel Jewelry, since 1991 (and employee since 1981) constructed a hidden compartment in her pocketbook. This past January, a company employee noticed a sizable amount of inventory was missing and an investigation was launched. The prospective Tambunting was released on $100,000 bail and ordered to return to court on May 19. She faces up to 25 years in prison if convicted on charges of first-degree larceny and first-degree criminal possession of stolen property.