Bailouts

* You know what, screw the neighborhood. There goes the freakin’ country. Congress’s bipartisan, not-so-super committee has failed to reach an agreement for a deficit reduction deal. [CNN]

* “When the government takes action . . . there are legal limits to what they can do.” And one of those limits is that they can’t screw over any of the AIG shareholders, right, Maurice? [New York Times]

* While NBA players were busy consolidating their antitrust suits in Minnesota, David Boies was being called out by the NBA’s general counsel. Keep it on the in court, Buchanan. [USA Today]

* Remember that time we got arrested at an Occupy Wall Street protest and then sued over it? Probably not the kind of story you want to reminisce about with your future husband. [Bloomberg]

* There are only so many jokes one can make about Justin Bieber. Bottom line: this fetus took a paternity test, and we’re going to find out soon if he’s a baby-daddy. [New York Daily News]

Two petitions of possible interest showed up in our inbox today:

1. In favor of student loan forgiveness: This petition, reminiscent of Elie Mystal’s call for a student loan bailout, “strongly encourage[s] Congress and the President to support H. Res. 365, introduced by Rep. Hansen Clarke (D-MI), seeking student loan forgiveness as a means of economic stimulus.” (We mentioned H.R. 365 in Morning Docket.)

2. In favor of law school transparency: This petition, posted by Professor Paul Campos over at his formerly anonymous blog, calls for “the American Bar Association to require all schools it has accredited to release clear, accurate, and reasonably comprehensive information regarding graduate employment, by for example implementing the proposals outlined in Part III of the Law School Transparency Project’s white paper, A Way Forward: Transparency at U.S. Law Schools.”

We might have more to say about these petitions later. For now, we’ll just pass along the links (and you can argue the merits of these petitions in the comments).

Want a Real Economic Stimulus and Jobs Plan? Forgive Student Loan Debt! [SignOn.org]
Law School Petition [Inside the Law School Scam]

Earlier: Student Loan Bailout. Just Do It.
The Tenured Law Prof Turned ‘Scamblogger’ Reveals Himself