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#safetynet

1 post1 participant0 posts today
Public
RonSupportsYou

"The White House will soon move to rapidly repeal or freeze rules
that affect health, food, workplace safety, transportation and more."
The Trump Administration is dangerous to our health and our safety:
nytimes.com/2025/04/15/us/poli
#extremism #politics #SafetyNet
“Many people don’t realize how high the American quality of life is because of the competent and stable enforcement of regulations, and if that goes away a lot of lives are at risk.”

The New York Times · Trump and DOGE Are Planning Deregulation at a Massive ScaleBy Coral Davenport
Continued thread
Public
Kent Pitman

Continuing my own mini-filibuster inspired by Booker's unbelievable one, I want to add also my thoughts on the issue of deregulation of consumer protections.

In a 2009 essay, I made an argument that credit cards, especially the high rate ones, are a safety net of last resort, available to the poor who are ABANDONED by public safety nets, but who are forced to rent a second government that DOES offer a safety net. Those high interest rates are the TAX they pay to that privately rented government that offers them a lifeline. But the tax is not deductible. So they are double-taxed in a way rich people and businesses would never stand for. That's overly brief, but maybe you see where I was going. See the essay for more detail.

Credit Cards: A Tax on "Being Poor"
netsettlement.blogspot.com/200

netsettlement.blogspot.comCredit Cards: A Tax on “Being Poor”Seeing credit cards as double-taxation: a non-deductible private tax paid to a private government to get a private safety net.
#BookerSolidarity#BookerFilibuster#SenatorBooker
Public
Levka

#BudgetNegotiations #SafetyNet

"The split screen could be stark, at least on paper. House committees will be asked to cut at least $2 trillion in spending from safety-net programs, while Senate committees might be directed to find a minimum of a few billion dollars in savings. It’s possible to write a final package that can bridge the difference, but it’s likely to be politically tricky — requiring trust between GOP lawmakers in the two chambers after months of cross-Capitol competition, along with substantial pressure from Trump."

politico.com/news/2025/03/30/g

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