The 5th Circuit just gutted the SEC's power to enforce securities law — meaning all other agencies’ enforcement power is now at risk. That means the government has essentially lost the ability to enforce regulations, something conservatives have been working towards for decades.
Deregulation is anti-worker, anti-consumer, and anti-environment. If this agenda succeeds, we all lose. reuters.com/legal/governme…
@RBReich The COURTS have Been Completely CORRUPTED by McConnell & @GOPSenate
@RBReich Of course! Are they made up of Republicans? There’s your answer. With that, why not allow criminals to act as prosecutors, judges, and juries in their trials, you know, like a senate trial where the they are in the roles of victims, witnesses, judges, and jurors?
@RBReich @Xx_WiReD_xX Robert, do you know that retail holding AMC and GME will destroy the current financial system?
@RBReich Hyperbole much, Robert? Take a chill pill and calm down.
@RBReich LOL. No, it means that they now have to enforce the law in compliance with the constitution. It's an objectively good thing if you believe in the rule of law.
@RBReich What’s the point of regulations without enforcement? Oh! Yeah! Republicans! The Law & Order folks. (sigh) (now I get it) (one tear drops)
@RBReich How Trump reshaped the fifth circuit to become the ‘most extreme’ US court theguardian.com/law/2021/nov/1…
@RBReich Didn’t that happen 20-25 years ago to housing, and there was huge amount of deregulations in place that led to the Great Recession. So if another depression happens, we can blame a huge majority on conservatives, with some blame still going to corporate Dems as well.