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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBwaaaaah! Cato Institute - the date of the Court of International Trade's decision
is the real Liberation Day.
Statement from
@CatoInstitute
fellow Walter Olson: "This really *is* Liberation Day: The court's decision striking down these tariffs is a true triumph for the rule of law, human freedom, and prosperity, and a deserved rebuke for arbitrary one-man rule over our livelihoods..." /3
Link to tweet
The Cato effin institute.
spooky3
(38,632 posts)(Even if we might not agree with most of them).
malaise
(296,098 posts)but at least they have drawn a line
Ruby the Liberal
(26,664 posts)to when the pendulum swings and the GOP is banished for a generation.
But I hope you're right. A little sanity never hurts.
dalton99a
(94,115 posts)malaise
(296,098 posts)Tactless😀😀
Bernardo de La Paz
(60,320 posts)malaise
(296,098 posts)The US Court of International Trade (CIT) ruled that Trumps use of a sweeping presidential power the International Emergency Economic Powers Act (IEEPA) to justify his 2 April tariffs, as well as separate levies imposed on imports from Mexico, Canada and China, was wrong.
IEEPA is a 1977 act allowing the president to regulate commerce during a national emergency, without the need to go through Congress, and builds on the Trading With the Enemy Act introduced during the first world war.
However, the three-judge court panel ruled that the economic concerns cited by the White House to justify the tariff plans do not meet the required test of being unusual and extraordinary threats.
The judges had been nominated to the court by three presidents: Ronald Reagan, Barack Obama and Trump himself.
dchill
(42,660 posts)rubbersole
(11,223 posts)Too late to the party. They're still part of the problem.
Skittles
(171,707 posts)THEY VERY MUCH HELPED TO CREATE THIS MONSTER.
surfered
(13,463 posts)Conservatives used to hate tariffs.
Wicked Blue
(8,867 posts)Martin68
(27,741 posts)Last edited Thu May 29, 2025, 09:22 PM - Edit history (1)
spanone
(141,609 posts)ancianita
(43,307 posts)felon proxy tried to kill it. Cato speaks out of both sides of its mouth. It can serve privatization or it can serve democracy, but it can't serve both.
According to the 2019 Global Go to Think Tank Index Report (revised June 2020, Think Tanks and Civil Societies Program, University of Pennsylvania), Cato was number 20 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States"... the Cato Institute is one of the "particularly crucial elements of the denial machine", that rejects global warming ...Cato contended in 2003 that the Constitution is not adequate to guarantee the protection of private property rights ...
malaise
(296,098 posts)That is why I posted this thread. Its too much for them.
ancianita
(43,307 posts)Deminpenn
(17,504 posts)Tariffs are taxes, their opposition to taxes is why they are applauding the Federal Trade Court's decision.
So, sometimes they are useful idiots.
brakester
(602 posts)property rights! That's Koch's religion.
"Don't TOUCH my JUNK!
ancianita
(43,307 posts)Worshippers of their property are under the evil spell of mammon, who they love more than "we the people" humanity.
As Pope Francis has said, "Selfishness is stupid."
yorkster
(3,832 posts)appears to have bitten Trump in the arse.
Warpy
(114,615 posts)but yu know King Addlepate and his billionaire buddies will fight this all the way to the USSC if somebody tells him the decision is binding.
The truth is that the fucking stupid slob is trying to rule by royal fiat, so just about everything he's done has been unconstitutional.
The sooner the courts knock the poop out of him, the better. Once he implodes, he'll lose interest completely.
brakester
(602 posts)to tackle crypto, DOJ's overreach on deportation and renderings, stolen elections, and the mass firing of the experts and workers in government agencies, etc.
The time for grousing, bad-mouthing, doom-scrolling and whining is OVER.
It is time for courageous action.
https://open.substack.com/pub/williamlmiller/p/how-to-stop-trump-republicans-and?utm_source=share&utm_medium=android&r=336rc