A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.
US District Judge Mark T. Pittman, an appointee of former President Donald Trump, granted a preliminary injunction to several business and banking organizations that allege the new rule violates several federal statutes.
These organizations, led by the right-leaning US Chamber of Commerce, sued the Consumer Financial Protection Bureau after the rule was finalized in March. The rule, which was set to go into effect Tuesday, would save consumers about $10 billion per year by cutting fees from an average of $32, the CFPB estimated.
We are only driving in one direction. The GOP keeps their pedal to the floor, while the Democrats have been happy just to ease up the gas a little - but not slam on the brakes.
You’re saying that it’s better to support the Democrats and delay the inevitable arrival at destination Facism.
I’m saying if ever want to hope to flip a bitch, or even just find an off-ramp, the Democratic party has to be retrained on who they respond to. The only way to do that is to make them more responsive to their voters, then to their donors.
When facing down the barrel of the unlimited donations and super PACS of their donor class, the only weapon we have is solidarity in not supporting them, until they learn.
Taking a little medicine now, but with the chance to actually turn this car around, is worth the risk when the other option is just delayed full tilt facism, with occasional letting off the gas for the new Tea Party Democrats, if they aren’t already outlawed by that point.
…and if they instead decide that the left cannot be depended on and start courting voters more to the right?
I honestly felt how you feel. I just don’t think it’s historically worked that way.
Push local reps to the left and Primary the centrists. I’m all for it… but going home because your guy isn’t on the ballot is playing a dangerous game right now.
If the country can handle a Republican win, then go back to staying home in protest. But I think, especially at this point in time, that a Trump win would spell the end of American democracy.
Ok, I will think on that.
If we’re waiting for one party to collapse, it should probably be the fascists.
Likewise, a concerted effort should be able to change the direction of a party. I honestly can’t say if that’s feasible in American politics.
It’s happened multiple times in the past couple decades. Look at how the tea party took over the Republican party. There have also been the blue dog democrats and the Bernie social Dems. They haven’t taken over the way the tea party has, but they’ve both tugged at the direction of the party.