On ham sandwiches and Texas Supreme Court Justices

david_medina%20011808.jpgThe old saw is that a grand jury would indict a ham sandwich if asked to do so by the district attorney.
However, in Houston, a grand jury will indict a Texas Supreme Court Justice even if the DA doesn’t ask it to do so.
As noted in this earlier post, Texas Supreme Court Justice David Medina, his wife and several family members have been in the cross-hairs of an arson investigation since their house and a couple of others in the neighborhood were damaged in a June 28, 2007 fire. A Harris County grand jury today indicted Justice Medina on a tampering charge and his wife on arson charges in connection with the fire.
However, in an unusual development (to say the least), the grand jury brought the indictment against the recommendation of the DA’s office. Embattled Harris County District Attorney Chuck Rosenthal will request that the indictment be dismissed immediately because the DA’s office has concluded that there is insufficient evidence to make a case that would withstand a defense motion for a directed verdict.
That’s all well and good, but my question is this: If the DA’s office knew going into the grand jury that they did not have sufficient evidence to make a case against Justice Medina, then why on earth did they bring the case before the grand jury at this time? Inquiring minds want to know.

Is the airline industry salvageable?

airliner%20011808.jpgThe chronically troubled airline industry has been a frequent topic on this blog over the years. Even as savvy an investor as Warren Buffett swore off investing in the airlines long ago. After a particularly distasteful experience in an airline investment back in the late 1980’s, Buffett observed that if you calculated all of the airline industry’s finances since the day the Wright Brothers flew the first plane at Kitty Hawk in 1903, you would discover that the airline industry has cumulatively not made a single penny of profit.
That led Mr. Buffett to suggest famously that, in hindsight, shooting down the Wright Brothers on that beach would have been a reasonable financial, if not moral, move.
However, Buffett’s observations aside, when Larry Ribstein gets to the point where even he cannot figure out the structure of a solution to the mess of the airline industry, my sense is that this is an industry that is in serious trouble.
By the way, Professor Ribstein’s feelings toward air travel these days are the same as mine.

Sizing up the Texans’ needs

texans_011808.gifAs At the beginning of the past two football seasons (here and here), I noted the trend of the blogosphere replacing the mainstream media as the more reliable and insightful source of information on the Houston Texans.
Now, as the Chronicle’s Texans beat reporter writes about odd people who call into radio talk shows, Stephanie Stradley and Outlaw (see also here) size up the Texans’ main personnel and coaching needs as the team enters the off-season.
As these posts reflect, the blogosphere is definitely rapping the knuckles of the Chronicle right now in the competition of providing meaningful information to the public about the Texans.