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Operation Choke Point

bernorange

By bernorange
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bernorange

bernorange 8,365

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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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bernorange

bernorange 8,365

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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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Brisketexan

Brisketexan 105,359

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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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bernorange

bernorange 8,365

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Marc Andreessen appeared on Joe Rogan's show and talked about Operation Choke Point 2.0.  Now it's starting to go viral and people that had no clue are learning about it.

This is the post Elon Musk referenced (not shown in the embedded tweet, but visible on X if you click on the tweet):


 

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Dnaguy

Dnaguy 12,080

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1.) What’s a ‘tech founder’? That’s sounds lkke an amorphous term used to illicit an image of an Elon or Peter Teil. However, you know who else was a tech founder? 
Elizabeth Holmes. Sam Bankman Fried. They kind of were bad guys and all.

2.) Who are these people. Put up or shut up.

3.) There’s a ton of smoke being thrown out here…. But the article keeps using anecdotes of folks followed by a statement: Bit nobody know how many…..

Let’s see it. Show your evidence.

You don’t have a right to a bank account. And if the government is insuring your account, then they kind of call the shots, no?

And you know how much shit I had to give the bank for business accounts or lines of credit… which my guess is also what these folks were asking for from these banks….. a fuck ton. Banks don’t want the kind of heat and smoke a non profit who could be skirting taxes and dicking around the edge of legality.

Everything is a conspiracy to Rogans audience and Elon stokes the fears to drive engagement.

What a nothing burger that will eventually be used to further consolidate the 1%’s, Republicans, and Trumps power.

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CowboyFred

CowboyFred 1,151

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Ahhh yes dive down a rabbit hole of bullshit 

1 hour ago, bernorange said:

The Nic Carter tweet I include in my previous post was the start of a twitter thread.  You can dive down the rabbit hole yourself if you are actually interested in learning about the issue.

Ahhh yes dive down a rabbit hole of bullshit

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wildcat09

wildcat09 29,399

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On a related note, I will never stop laughing at how desperate libertarians are to suck up to wealthy private individuals and how eager they are to transfer all of the power they're terrified of a representative government having to fewer than five trust fund kids. 

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