The Supreme Court has another day of oral arguments today, and the star case is Hemi Group v. City of New York, a case examining whether state and local governments have standing under RICO to pursue noncommercial losses, such as unpaid taxes.  Governments around the country will be watching this one with keen interest.

Also on the Court's agenda are a case involving challenges to electricity rates, and a bankruptcy case.  Not the most, um, electrifying topics, but, as with all things Supreme, still important.