https://twitter.com/mjs_DC/status/1527009488301170688

  • InevitableSwing [none/use name]
    ·
    edit-2
    2 years ago

    So soon we will get to see just how batshit the supreme court is!

    I wonder if this batshit 5th Circuit ruling is a trial balloon to see how insane they can get before the GOP justices say "Um... This is really too much. At least pretend that the SEC has some reason for existing." The tweet reads...

    The 5th Circuit just dismantled the SEC's power to enforce securities law. This decision is beyond radical. It is nihilistic.

    • CrimsonSage [any]
      ·
      2 years ago

      Oh yeah this would abolish the federal government as we know it.

      • InevitableSwing [none/use name]
        ·
        2 years ago

        For the lib legal perspective - I check 4 Twitter accounts. One guy is anti-Garland and I assume he's never on tv anywhere. The other three appear on MSNBC/CNN regularly - that's why I chose them. They've entirely ignored the ruling. I'm pretty sure such legal people think of their Twitter accounts as a way for them as High Priests of the Law to explain the hows/whys of the law to us hoi polloi.

        At first I was surprised they didn't mention it. But it too me just few seconds to see why. They're 100% certain the legal case will be considered nonsense by the GOP justices on the supreme court. Why tweet about nonsense? The problem is the more I think of this - the more it seems to be nothing other than a trial balloon. Trial balloons are not an official legal concept but they certainly are a de facto ones for GOP judges and justices.

        The lib legal minds don't want to accept the reality that seems crystal clear to me. The 5th Circuit will simply turn the volume down from 11 and then try 10. Then 9. Then 8. And eventually the GOP justices will allow a crazy ruling to stand. It won't an 11 this-is-utter-batshit but maybe it'll be a 7.5 ruling that's still highly-toxic and destructive. Another circuits will take note - "Ah, this is how insane we can go but not higher."

      • Quimby [any, any]
        ·
        2 years ago

        sort of. it would mean that all of the regulatory agencies basically have to work the same way the department of justice in terms of enforcement.

        in practice, yeah this is a broken country with a stupid broken system that even makes this nonsense possible in the first place, so it would be absolute chaos