Summary:
The Senate voted Thursday to strike down a rule capping most bank overdraft fees at $5, a measure adopted late last year by the Consumer Financial Protection Bureau that had been expected to save Americans billions of dollars per year.
Senator Josh Hawley, Republican of Missouri, was the lone Republican to oppose the resolution, which passed on a nearly party-line vote, 52-48. It will now move to the House, where Representative French Hill, the Arkansas Republican who leads the Financial Service Committee, introduced a parallel resolution last month.
The rule would have limited the fees banks and credit unions could charge when customers spend more than they have in their accounts, typically $35 per overdraft. The bureau estimated it would save American households $5 billion a year. It was immediately challenged in court by banking trade groups.
Personal opinon:
Call your bank and tell them to turn off overdraft protection now.
Republicans seemingly are free to fuck the poor and working citizen as hard as they want and they keep voting for more.
They’re either voting for it or staying home. Same difference. One would think people would eventually wake up but… Seems no.
What is so depressing is how I keep seeing that Democrats’ approval numbers are so low. The reaction to the Republicans getting more and more awful with each passing year is to…dunk on the Democrats. I’m assuming part of that sentiment is because the Democrats have not been given enough power to stop the Republicans from doing terrible things and that they have not passed all kinds of impossible purity tests…
Dem approvals are so f’n low, because not even the dems remotely represent the working class, as a party. Some individuals in the party try to, but that dissent is squashed by party leadership.
How do you explain this party line vote then? They are leagues better than the alternative. Dems platform inherently requires an informed and participatory electorate which we don’t have.
Recent actions taken by mainstream Dems:
Among the thirty fundraising texts a week I get, I got a text with the wrong name telling me that Medicaid was fried because we “begged democrats to save it” but just didn’t donate enough money :( I can just imagine Pelosi turning to face the other democrats, their faces turned up to her like a bunch of whipped orphans, and sadly telling them that Christmas is cancelled because the donors simply didn’t put enough quarters in her back.
Chuck Schumer had a perfect opportunity to take a stand and decided that being difficult with the fucking Nazis was just one line we can’t afford to cross just now. I guess Saturn’s in Pisces ATM, and, wouldn’t you know, the perfect conditions for taking a meaningful stand against the republicans have somehow failed to manifest for twenty years and counting. But don’t worry, we might have pushed the quit button for ourselves AGAIN, but if you donate a little bit more money, we’ll definitely get them next time.
At Trump’s shitty speech, they all sat and waved their stupid signs while the only one of them with a fucking spine got walked out by security. Later, Democrats wearing #RESIST shirts politely walked themselves out of the building during the speech. Then they censured the guy with the spine.
I expect Nazi bullshit from the fucking Nazis. I expect the democrats to fucking show up and DO SOMETHING GOD DAMNIT.
It’s because the old guard Democrats only offer “we aren’t Trump I guess!” and spend half their time chastising their own voting base for not doing enough for them. While they were sitting there during Trump’s speech doing their little sign thing with only one of them being willing to get thrown out, they were asking for donations. People get tired of that.
I watched a Jon Stewart interview with an interesting premise. The guy being interviewed made a point that Trump promises change immediately whereas Biden’s platform would have made the us and the world better over years, decades
You have a link? Or the name of the person interviewed?
Pretty sure it was Ezra Klein on the weekly show podcast with Jon Stewart. He went into detail about how even just distributing the funds for the broadband bill was just this Kafka-esque insane seven year process of infinite subcommittees and public review processes, and that was what Democrats wrote for themselves; it wasn’t made that way by Republicans to make it shitty, Dems happily blew their own feet off by making the bill’s workings as tortured and slow as possible.