The Lender of Last Resort
In which J.P. Morgan saves the day
In Humphreyβs Executor v. US, #SCOTUS upheld the constitutionality of independent boards removable only for cause. But the Court allowed the removal of a member of the NLRB anyway in Trump v. Wilcox. Now Trump has fired a member of the Federal Reserve Board.
senatormoobs.substack.com/p/the-lender...
07.03.2026 17:40 β
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In the wake of Dobbs, many predicted the end of substantive due process. But in Maribelli v. Bonta, the #scotus majority held that a parentβs right to be informed by the school of their childβs gender transition is protected by substantive due process. #law
www.supremecourt.gov/opinions/25p...
05.03.2026 20:54 β
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βGlub glub, comradeβ - communist fish, probably
19.02.2026 21:58 β
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Bimetallism
or, The gold standard and its discontents
Today, populism is associated with the politics of anger, reaction, and unreason. It evokes enraged mobs wielding pitchforks and torches. But the Populist Party of the late nineteenth century was very different. #law #history #populism senatormoobs.substack.com/p/bimetallis...
07.02.2026 19:14 β
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Greenbacks
In which Hamilton gets the last laugh
Although Swift v. Tyson (1842) is widely considered wrongly decided today, a uniform system of laws governing commercial transactions crossing state lines was thought crucial in the early Republic for economic development. #history #scotus #economics #law
senatormoobs.substack.com/p/greenbacks...
03.01.2026 18:55 β
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Yeah!
06.12.2025 20:46 β
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Internal improvements
or, A song of banks and boondoggles
Something that most people today donβt know about John Quincy Adams is that he was a stone-cold legend. #history #law
senatormoobs.substack.com/p/internal-i...
06.12.2025 20:35 β
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Jury nullification FTW!
06.11.2025 23:43 β
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Although Hamby pre-dates Obergefell, it was still based on the 14th amendment, so overruling Obergefell would overrule it as well.
05.11.2025 04:06 β
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The Money Multipliers
Or, it ain't a crime if they make it legal
People assume that when they deposit money into a checking account, it stays βthereβ at the bank. In fact, banks lend your deposits to earn interest. If the bank has double-booked your funds, what happens when you all try to withdraw it at the same time?
senatormoobs.substack.com/p/the-money-...
01.11.2025 17:23 β
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I wonder where the far right learned that they could mobilize their voters by stoking racial grievance from the premise that American society and institutions are structurally biased against them.
04.10.2025 19:24 β
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Fat Stacks: An Origin Story
In which Hans Gruber tries but fails to become a holder in due course
Negotiability was the key legal concept in the emergence of paper money as a medium of exchange. Although negotiable instruments sound like something obscure and technical, regular people use them all the time. #law #history #economics
senatormoobs.substack.com/p/fat-stacks...
04.10.2025 16:40 β
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βThe Constitutionβ is not the same thing as βprecedent set by previous courtsβ
28.09.2025 20:27 β
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28.09.2025 00:39 β
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27.09.2025 22:07 β
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If driving 100 mph were in the course and scope of federal duties (imagine they were pursing a fleeing tax dodger), no, the state may not do anything about it.
22.09.2025 23:05 β
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Attiah materially altered the βverified quoteβ attributed to Kirk without indicating that she had done so or how.
17.09.2025 02:05 β
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Mediums of exchange
or A double coincidence of wants
We experience the control of money as a governmental function. But economic theory holds money is a natural product of market forces, and its regulation is best left to those forces.β©
Where does money come from? And, like, what even is money? #economics
senatormoobs.substack.com/p/mediums-of...
13.09.2025 18:10 β
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As I understand it, the response on the right is that law enforcement in jurisdictions run by Democrats are gaming crime statistics by under-charging or failing to charge obvious crimes.
06.09.2025 17:40 β
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22.08.2025 21:49 β
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The bank war
In which we finally discover how McColloch got caught up in this mess
In his war against the Bank of the U.S., President Jackson sought to break the power of the financial class, but instead he unshackled a chaotic and unregulated money system that would fuel economic instability for generations. #history #federalreserve
senatormoobs.substack.com/p/the-bank-war
17.08.2025 20:26 β
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Finally the court held evidence showing Klutchnikov had engaged in paper staking in the past was not inadmissible character evidence prohibited by Rule of Evidence 404(b). Although the plaintiff had not shown an overall βscheme,β evidence of past bad acts was admissible to show lack of accident.
16.08.2025 01:12 β
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The court also held that the defendant could show undue prejudice based on harm to a third party, where the third party had aβgrubstakeβ investment in the claim (money advanced to a prospector for a share in any findings).
16.08.2025 01:10 β
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The court first considered whether the defendant was entitled raise a defense of laches against a declaratory judgment claim, since laches applies only to equitable claims and not those at law. Since the claim was in substance a quiet title action (equitable), laches applied.
16.08.2025 01:09 β
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The alleged paper-staker (Klutchnikov) was βlost at sea,β but Baker pursued Klutchnikovβs successor in interest, Amerigold, to bench trial and won.
16.08.2025 01:09 β
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the #Alaska #SupremeCourt considered an allegation of βpaper stakingβ in a case involving conflicting mining claims. Paper staking occurs when someone recording a mining claim lies about having actually gone and physically marked the ground with βmonuments.β
16.08.2025 01:07 β
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Omg #AlaskaSky has anybody read Amerigold Holdings LLC v. Baker?
Mining claims, shady land deals, βpaper staking,β βgrubstakes,β witnesses lost at seaβ¦ this case is vintage #Alaska
appellate-records.courts.alaska.gov/CMSPublic/Us...
16.08.2025 01:05 β
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Easy. POTUS issues a blatantly unlawful executive order expropriating Alaskaβs rights and when the action is challenged, SCOTUS refuses the case under original jurisdiction without explanation and then overturns the subsequent district court stay on the shadow docket, also w/o explanation.
14.08.2025 15:47 β
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Roe was criticized from day one even by liberal legal scholars for its remarkably poor legal reasoning. Obergefell is more robust in that it relies on equal protection as well as substantive due process. Not to say itβs safe, but itβs not in the same precarious position as Roe was pre-Dobbs.
12.08.2025 18:33 β
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