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Operation Choke Point


bernorange

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...  the ACLU will be representing the NRA in this important First Amendment case, and that the ACLU's Legal Director David Cole—an experienced Supreme Court advocate—is (the Times notes) planning on arguing.

The issue in the case is whether New York financial regulatory authorities coerced banks and insurance companies to cut off ties with the NRA and thus violated the First Amendment. As the petition argued,

    "The Second Circuit's opinion below [rejecting the First Amendment claim] gives state officials free rein to financially blacklist their political opponents—from gun-rights groups to abortion-rights groups to environmentalist groups and beyond."

Cole's presence at the lectern and the ACLU's presence on the briefs will help convey the core message to all the Justices: The case is about everyone's free speech rights, not just the NRA's.
...

https://reason.com/volokh/2023/12/09/nra-and-aclu-teaming-up-on-the-first-amendment-in-nra-v-vullo/

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... This week American Banker Reporter Kyle Campbell interviewed Custodia Bank CEO Caitlin Long. Their topic was her bank's legal tussle with the Federal Reserve Bank over its decision to deny Custodia a master account. ...

No paywall (video and transcript both):
https://www.americanbanker.com/podcast/custodia-ceo-caitlin-long-on-master-accounts-her-fight-with-the-fed

 

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There are people who think that's clever.  They are wrong.

Yankees tickets are not marketed and sold as an investment ("Buy these tickets, they are an investment that will go up in value that you can then sell!")  In fact, policies with respect to MLB tickets 1) are designed to DISCOURAGE buying them as an investment (anti-scalping policies) and 2) allowing for a limited resale market is a secondary activity -- because you know that sometimes people will want to sell their tickets, you allow it, but it's not why you sell the original buyer the ticket.

As opposed to NFTs, where the "access to a cartoon" is a sham -- it's not even a secondary purpose.  The primary purpose is plainly stated: they are an investment, hold on to them as they grow in value and make money!

The membership that Disney+ sells me?  THAT is for "access to a cartoon" (and all the other entertainment on the platform.  Disney says nothing about me reselling my subscription (and in fact bars it).

It's not clever.  It's transparent.  If a primary or even major part of the marketing of something is as an investment, then it probably should be regulated as such.

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