SCOTUS Rules Against Trump Administration IEEPA Tariffs

[OlDawg]

54 minutes ago, TheMissingBand said:

That’s an overreach… but i do like having a health department around to make sure that things are sanitary around those restaurants… food temps, extermination schedules , etc. 

@thetragichippy knows. He and I usually agree on quite a bit. I'm surprised he likes the government involvement in rate setting. There's a good example of the differences between a conservative and a libertarian. One wants to control a social behavior based on their own moral values. (Even though it's an admirable desire.) The other doesn't.

[UT alum]

2 hours ago, OlDawg said:

@thetragichippy knows. He and I usually agree on quite a bit. I'm surprised he likes the government involvement in rate setting. There's a good example of the differences between a conservative and a libertarian. One wants to control a social behavior based on their own moral values. (Even though it's an admirable desire.) The other doesn't.

What does the other one want? To control social behavior using a different set of values, or just let social behavior run its course with no attempt to shape outcomes?

[OlDawg]

1 hour ago, UT alum said:

What does the other one want? To control social behavior using a different set of values, or just let social behavior run its course with no attempt to shape outcomes?

The latter—as long as that individual’s behavior does no harm to others. It’s called personal liberty of the individual. A rare commodity nowadays.

Here’s a little story I’ll just throw out there.

There’s 3 bankers with credit cards. A customer comes in asking about credit cards.

• First banker says, "HI. I'm a Liberal banker. I'll give you a credit card, and take care of everything for you as long as you use it like I tell you."
• Second banker says, "Hi. I'm a Conservative banker. I'll help you get a credit card with low interest rates, a low credit limit so you don't overextend, and credit counseling to teach you how to responsibly use your new card."
• The third banker says, "Hi. I'm a libertarian banker. Here's my credit card offerings. Just pick the one that you like best. But remember, you're responsible for all charges."

Neither banker in and of themselves are good or bad. Neither card in and of itself is good or bad. Each is a choice based on personal priorities.

[thetragichippy]

6 hours ago, OlDawg said:

@thetragichippy knows. He and I usually agree on quite a bit. I'm surprised he likes the government involvement in rate setting. There's a good example of the differences between a conservative and a libertarian. One wants to control a social behavior based on their own moral values. (Even though it's an admirable desire.) The other doesn't.

Do you disagree with price gouging laws?  
 

Banks have had restrictions and last 20 years have had to jump through hoops to stay profitable

Research

Frank - Dodd Act - Obama

Credit Card Act 2009

CRA 1977 - (big one that causes banks to loan to lower income)

I’m not big on government oversight, but at the same time I do not like predatory lending

 

 

 

 

[OlDawg]

10 hours ago, thetragichippy said:

Do you disagree with price gouging laws?  
 

Banks have had restrictions and last 20 years have had to jump through hoops to stay profitable

Research

Frank - Dodd Act - Obama

Credit Card Act 2009

CRA 1977 - (big one that causes banks to loan to lower income)

I’m not big on government oversight, but at the same time I do not like predatory lending

 

 

 

 

 

22 hours ago, OlDawg said:

I don't like government interference in private lending markets. Protecting against predatory lending practices? Sure. Setting rates? No.

While I don't think limiting some people's access to 'easy credit' is a bad thing, it's not government's job.

I answered your question 11 posts ago.

The test for any law/regulation should be - Is this the LEAST INTRUSIVE way of handling KNOWN PROBLEM xxx? If the answer is 'No', it's a bad law/regulation.

For a Federal Law, the additional question should be - Is this a NATIONAL KNOWN PROBLEM, or is it local?