Earlier today President Barack Obama signed a law about prison sentences for possession of crack cocaine and powder cocaine and the photograph of the smiling group of people who supported the legislation gave us a brief pause.
Tales from the Trail
Traders are betting that there is a 75 percent chance that President Barack Obama will decide on U.S. Solicitor General Elena Kagan for the Supreme Court and that she would be confirmed by the U.S. Senate.
When President Barack Obama won the Nobel Peace Prize last October it caught most by surprise and sent his lawyers scurrying to quietly make sure that the president could receive the prestigious award without running afoul with the U.S. Constitution or federal law.