Judge blocks Biden administration rule capping credit card late fees at $8 | CNN Business
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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.

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.

  • theparadox@lemmy.worldEnglish
    57·
    6 months ago

    You mean vote in the Presidential primary that the DNC cancelled this year?

    You are not arguing in good faith. I obviously mean every fucking Democratic primary in the country… Jesus fuck.

    Or did you mean, ignore that they cancelled it, and just vote for Biden like a good little lemming?

    I mean make sure it doesn’t fucking happen in the future. NOT voting is what the Democratic party expects the left to do. NOT voting is exactly what the right wants you to do. Hell, I’m half convinced that’s your goal to begin with. We live in fucked up times with misinformation and manipulation via social media is a powerful tool.

    Don’t be so hysterical. Trump is bad, and I’m under no illusion what another term of his would be like, but he’s far too stupid and petty to “end democracy”, the Democrats are doing fine at doing that themselves.

    …

    he’s far too stupid and petty to “end democracy”

    I’m sorry, do only smart and reasonable people have the ability to end democracy? The only reason he didn’t fucking steal the White House already is because he was to stupid and petty to do it right the first time and the old right wing powers thought he was making them look bad.

    This time, they realized he’s barely suffered any consequences and they are going all in. He’s their shot. They’ll suck his dick and hand him a crown as long as it gets them in the door and keeps them in power. He’ll do what they want - appoint the judges, issue the executive orders, whatever - so long as he gets that crown and his pile of cash.

    Even if Trump manages to peacefully transfer power after an election in 2028, the United States will no longer be a democracy. I’m honestly scared to death of what a less stupid, less petty right wing president could do with the structure the right has been using Trump to put in place. Too much damage will already have been done.

    Put out the fire now, do whatever it takes to make sure the lesser of two evils wins, and fix the Democratic party from within. Hell, fix the voting system and go third party, I don’t care. Its not like I’m not sick of this shit too. I can’t fucking wait for a time when the D’s don’t have the trumppocalypse to scare voters into giving them a pass for their bullshit.

    I’m not some young radical. I’ve been through many cycles, and I’ve worked on more campaigns then most of people have voted in.

    And yes, I’ve worked inside the DNC apparatus and been around contemporary Democratic machine politics nearly my entire life. I have a pretty good idea of what these people are like, because I’ve known a whole lot of them.

    Doubt.

    • circuscritic
      83·
      6 months ago

      https://www.washingtonpost.com/opinions/2024/01/23/biden-primaries-unchallenged/

      Yes, they effectively rigged the Presidential primary this cycle for Biden. It wasn’t really a secret, was widely covered, and if you aren’t aware of that, I don’t think you’re informed enough to even have this conversation.

      I genuinely don’t care if you believe me. It wasn’t an appeal to authority to get you to change your mind. It was in response to your patronizing “I used to be like you” schtick.

      I never said don’t vote, not once. I haven’t even appealed to others to follow my lead in not supporting Biden.

      I have laid out some of my reasons for not supporting Biden, and that is what you find so offensive.

      “The lesser of two evils” game will never end. That is the fire, that is how we got Trump in the first place. Continuing to breath life into the existing DNC isn’t going to put it out, it’s just going to fan the flames.

      Wake up and smell smoke.

      • theparadox@lemmy.worldEnglish
        34·
        6 months ago

        I never said don’t vote, NOT ONCE. I haven’t even appealed to others to follow my lead in not supporting Biden.

        So how does one vote in the presidential election and not, in some way, support Biden?

        My whole fucking point is that not voting for Biden brings us one step closer to a country I doubt either of us would prefer to live in. I am vocal in my opposition to the choice we’re being given and in my criticism of a great many actions and inactions of the current administration but I’m still going to vote for Biden over Trump and over any third party candidate.

        What, exactly, is your point? If not withholding your vote and yelling about it then how does one “not support” Biden?

        • circuscritic
          62·
          6 months ago

          I don’t know about your locality, but I’ve never lived in a state where a Presidential general election ballot doesn’t have a whole lot of other races and ballot initiatives on it…

          I don’t see how my not supporting Biden, or the establishment DNC candidates, somehow prevents me from voting for school bonds, local progressive grassroots candidates, or any other measures and races on the ballot this year.

          So…good for you, vote your conscience, and I’ll vote mine.

          • theparadox@lemmy.worldEnglish
            26·
            6 months ago

            I see. So you are advocating to not vote for Biden. Your not explicitly telling people not to vote for Biden, your just telling them that doing so is actively making the country worse. Got it.

            • circuscritic
              51·
              6 months ago

              As opposed to you, and the others like you, who are demanding that anyone who voices dissent and discontent must still vote for Biden, and to do otherwise means we’re actually a combination of Trump supporting tankies who run socket puppet accounts for Russia, who really want the country to continue sliding towards fascim.

              So yeah, I understand your position just fine.

              • theparadox@lemmy.worldEnglish
                25·
                6 months ago

                to do otherwise means we’re actually a combination of Trump supporting tankies who run socket puppet accounts for Russia, and actually want the country to continue sliding towards fascim.

                Lol

                So yeah, I understand your position just fine.

                LOL. Fucking LOL.

                One last reply and I’m done.

                Yes, I doubt that you are some disgruntled DNC veteran. Yes, in this day and age I can’t be certain that you aren’t just part of some foreign or domestic social media effort to destroy morale and advocate for not voting. However, I only mentioned it offhand and have continued to treat you like an individual. You have not done the same.

                I see you as misguided and angry. I see you as unaware of the consequences and ineffectiveness of the actions you advocate for. You never said anything to deny what a second Trump presidency would look like, besides the extremely simple assertion that he’s too stupid and petty. You act like it will be fine.

                You ignore the damage he’s already done. Women all over the country are suffering, voting is being suppressed, minorities and LGBTQ+ folks are being denied their rights, environmental laws are getting gutted, and good federal agencies are being stripped of their power… because of the justices and judges that Trump appointed. You ignore all this and state you’re going to refuse to vote for establishment candidates in the general election. Why? Because, like a child, you are angry that your preferred candidate didn’t win the primary. So, to “send a message”, you’re willing to risk pushing our country another four years closer to a fascist theocracy…

                Yeah, I’m going to hold my nose and vote with my conscience.

                • circuscritic
                  62·
                  6 months ago

                  You’re technically correct, but only because the DNC drinks from the same neoliberal Kool Aid. The apparatus is now mostly run from their bloated privatized consultant class (campaign consultants, media firms, polling outfits, etc.).

                  Of which, I’m sorry to say, I have spent time both employed by personally, as well as many years in close proximity to, outside of my own direct professional engagement.

                  I love how, on Lemmy, you think that it’s more likely that I’m actually a deep cover foreign asset, then a citizen who’s happened to have worked in the disgustingly large multi-billion dollar campaign industry.

                  But please, tell me more about how your intimate knowledge of our body politic is more nuanced and insightful then mine.

                  You call me angry and disgruntled, but your political philosophy is “I’ll compromise on literally anything, as long as I’m told it’s for the greater good”.

                  Trump would be awful, but he’s not the end of the line of awful candidates and I’d rather take my chances with a DNC that is responsive to it’s base, and not it’s donors. That can’t happen unless they fear their base will pull support, which is why they’ve trained them to always compromise.

                  Isn’t it funny though, that the compromise only works in one direction: to the right and for the benefit of the donor class.