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Another week of the presidential campaign cycle, another wave of campaign ads hitting airwaves. The media teams of Obama for America and Romney for President have traded barbs all summer long, with no end in sight. Claims of dishonesty and distorting records are abound.

Photo: sharetrails.org

Twice in the last month, the Ninth Circuit Court of Appeals has affirmed that the government can access records about you held by third parties without getting a warrant. It’s a nice illustration of the broad and deep reach of the “third party doctrine.”

Credit: naoha.org

Initial foreclosure filings were 6 percent higher last month than in July 2011, according to RealtyTrac. Year-over-year, initial foreclosure notice filings to distressed homeowners has increased for three months in a row. Experts expect a continued uptick in defaults as the nation's largest banks enjoy more freedom from litigation following a nationwide settlement over industry-wide loan fraud.