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A new Supreme Court case could trigger a second Great Depression (www.vox.com)

submitted 1 year ago by MicroWave@lemmy.world to c/politics@lemmy.world

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America’s Trumpiest court handed down a shockingly dangerous decision. The Supreme Court is likely, but not certain, to fix it.

The plaintiffs’ arguments in Consumer Financial Protection Bureau v. Community Financial Services Association, which the justices will hear on October 3, are simultaneously some of the silliest and some of the most dangerous ideas ever presented to the Supreme Court of the United States.

They claim that an entire federal agency, the Consumer Financial Protection Bureau (CFPB), is unconstitutional. And they do so based on an interpretation of the Constitution that would invalidate Social Security, Medicaid, Medicare, and countless other federal programs. As the Justice Department notes in one of its briefs, the 2022 legislation funding the federal government contains more than 400 provisions that are invalid under these plaintiffs’ reading of the Constitution.

Perhaps recognizing that the justices are unlikely to declare the majority of all federal spending unconstitutional, the Community Financial plaintiffs then spend much of their brief suggesting arbitrary limits the Court could place on these plaintiffs’ already arbitrary interpretation of the Constitution. Without citing any legal authorities, for example, the Consumer Financial plaintiffs claim that Social Security might be excepted from the new legal regime so long as Congress is careful about how it pays for the Social Security Administration’s staff.

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[-] LEONHART@slrpnk.net 7 points 1 year ago

"Second."

[-] SoylentBlake@lemm.ee 11 points 1 year ago

No shit. People were just starting to right their ships from 2008 and then the pandemic wiped all that out.

If by second great depression they meant second american revolution, then I'd agree.

this post was submitted on 24 Sep 2023

285 points (95.5% liked)

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