High-Flying Fed: The Federal Reserve posted record profits in 2009, thanks in large part to the unconventional efforts to prop up the economy which created a windfall for the government, The Washington Post reports. The Fed will return about $45 billion to the U.S. Treasury for last year.
Medical Marijuana in New Jersey: New Jersey lawmakers approved a bill yesterday that would make it the 14th state in the country to legalize the use of marijuana to help patients with chronic illnesses. The New York Times reports that the bill would allow allow patients diagnosed with severe illnesses to have access to marijuana grown and distributed through state-monitored dispensaries.
Abortion Doctor Murder Trial: A Kansas judge's decision to allow a confessed killer to argue that by killing of one of the nation's few late-term abortion providers he was saving unborn children has turned what appeared to be an open-and-shut case into something quite different. The Associated Press reports that prosecutors are contesting Judge Warren Wilbert's ruling that allows Scott Roeder to tell a jury that the fatal shooting of Wichita doctor George Tiller was voluntary manslaughter.
Prop. 8 Trial: The Recorder via Law.com reports that on the opening day of the highly anticipated proceeding challenging Proposition 8 the four named plaintiffs gave emotional testimony about when knew they were gay, what it was like to come out, how anti-gay bias makes them feel, and what marriage means to them.