OBAMA PREVAILS: We would be remiss if we did not tip our hats to congratulate President-elect Barack Obama, the Illinois Senator who prevailed last night to become the first African American president in the nation's history. Here's The New York Times mainbar story, The Washington Post article, and The Chicago Tribune piece. The Wall Street Journal reports in "Business Braces for Cooler Climate" that business leaders and lobbyists hope the Obama administration doesn't put up walls to trade and raise taxes amid the current financial turmoil. With a Democratic administration gearing up to move into the White House—and with the Democratic majorities bolstered in the House and Senate—lawyers across the country are assessing how they may benefit from an increased push toward more regulation. The The Legal Intelligencer writes about how more regulation could mean more work for lawyers.
EXPLETIVE-FREE ARGUMENT: Anyone who attended oral argument yesterday in FCC v. Fox Television expecting to hear a Supreme Court justice or two drop the "f-bomb" would have left disappointed. Foul language did not make it into the argument. The justices, as Legal Times Supreme Court correspondent Tony Mauro writes, did not show a clear consensus on whether to support the increased FCC crackdown on broadcasters who do not censor "fleeting expletives" from getting on air. The Court could toss the case to the U.S. Court of Appeals for the 2nd Circuit for further review. Here's The Washington Post piece on the arguments.
JUROR NO. 11: The BLT tracked down a juror in the Ted Stevens trial, who tells her story about the evidence and deliberations. The juror, Colleen Walsh, who has set up a blog about her role as a juror, says the panel was turned off by the belligerent testimony of Stevens on the stand. Says Walsh: “We were all like, ‘Why is he testifying?’” Stevens, convicted last month on seven felony counts of filing false financial statements, remains in a tight race in Alaska against Anchorage Mayor Mark Begich, the Democractic challenger. With some 40,000 absentee ballots uncounted, there was no clear winner this morning. But Stevens, 84, the longest-serving Republican in the Senate, is ahead in the count. Senate leaders on both sides have said an expulsion vote is likely if Stevens prevails.