4/24/23: 70% Say No As Biden Announces 2024, Republicans Back Trump Post Indictment, SCOTUS Keeps Abortion Pill, Chaos As Elon Strips Blue Checks, Buzzfeed News Collapses, Biden Censor Marianne Tik Tok, Biden Taxes High Credit Scores
Podcast discusses 70% of Americans rejecting Biden's 2024 campaign, Republicans supporting Trump after indictment, SCOTUS keeping abortion pill, chaos as Elon strips blue checkmarks, BuzzFeed News collapsing, Biden censoring Marianne on TikTok, and Biden taxing high credit scores.
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Quick takeaways
Republicans overwhelmingly back Trump post-indictment
SCOTUS decides to keep Abortion Pill for now
Chaos ensues as Elon strips accounts of their Blue Checkmarks
BuzzFeed News collapses amid layoffs
Deep dives
Supreme Court preserves access to abortion pill
The Supreme Court has granted emergency requests from the Biden administration and Danco Laboratories to preserve access to the abortion pill Mifeprex while a lawsuit continues. The court's action ensures that access to the pill will remain unchanged for the time being, pending further appeals. Two conservative justices, Samuel Alito and Clarence Thomas, dissented, but the full breakdown of the vote is not known. The case is expected to make its way through appeals and will likely return to the Supreme Court.
Republicans eager to move on from abortion issue
The Supreme Court's decision on the abortion pill highlights the Republican Party's desire to move on from the issue and the divisions it's causing within their ranks. The issue has had negative electoral consequences for the Republicans, and they seem desperate for the question of abortion to be resolved. The Supreme Court's decision is likely to further motivate voters on the issue and exacerbate the splits within the party.
Texas judge's anti-abortion ruling under scrutiny
The Texas judge's ruling that called for a ban on the abortion pill Mifeprex has received criticism and is seen as an outlier, even among conservative legal circles. The judge's ideological stance was clear in the ruling, with terms like 'unborn baby' and 'unborn children' being used. It's not clear if the case will make its way through the appeals process, as there are doubts about the judge's legal reasoning. However, the case has become a political fight, which could influence conservative justices in future rulings.
The impact of the Supreme Court's decision on abortion access
The Supreme Court's decision to preserve access to the abortion pill Mifeprex ensures that women's access to the most common method of abortion remains unchanged, at least for now. The decision is significant given that the abortion pill is widely used, especially in the early weeks of pregnancy. The rulings and appeals in this case highlight the ongoing debate and divisions surrounding abortion rights in the United States.
Biden administration implements new rule to increase housing ownership among minorities
The Biden administration has implemented a new rule aimed at increasing housing ownership among minorities by targeting lower credit score applicants for mortgages. Under the new rule, fees for buyers with lower credit scores will be lowered, while fees for buyers with higher credit scores will be increased. Buyers who have saved up and have higher credit scores, as well as those who can put down a larger down payment, will face higher fees. This new rule raises concerns about equality of outcome and penalizes responsible buyers in favor of those with lower credit scores.
The problem with affirmative action in America
Affirmative action in America, particularly in the housing sector, presents a complex issue. While the goal of increasing housing ownership among minorities is commendable, the approach of targeting lower credit score applicants and penalizing those with higher credit scores raises concerns. By prioritizing equality of outcome over equality of opportunity, this approach overlooks individual effort and responsibility. A more effective solution would focus on reducing the cost of housing and creating equal opportunities for all, rather than establishing quotas and normalizing disparities.
The loan level price adjusted matrix, implemented by the Federal Housing Finance Agency, penalizes responsible home buyers with higher credit scores and larger down payments. Under this system, fees for buyers with credit scores ranging from 680 to 780 are increased, while buyers with lower credit scores and smaller down payments face lower fees. This approach disproportionately affects those who have made significant efforts to improve their credit and save for a larger down payment, raising concerns about fairness and rewarding irresponsible financial practices.
Inequality in the US housing market prompts debate on the role of affirmative action
The rise of affirmative action in the US housing market has sparked a heated debate about the best approach to address inequality. While some argue that targeting lower credit score applicants can help increase housing ownership among minorities, others raise concerns about penalizing responsible buyers and the potential consequences of prioritizing equality of outcome over equality of opportunity. It is important to consider broader solutions, such as reducing the cost of housing and addressing underlying systemic issues, in order to create a fair and equitable housing market for all.
Krystal and Saagar discuss 70% of Americans say No to Biden as he's set to announce his 2024 campaign, polls saying Americans don't want Trump or Biden, Republicans overwhelmingly back Trump post-indictment, Desantis losing it over Trump criticism, SCOTUS decides to keep Abortion Pill for now, Trump scrambles to defend his Abortion record, chaos ensues as Elon strips accounts of their Blue Checkmarks, BuzzFeed News collapses amid layoffs, Krystal looks into the Biden admin censoring Marianne Williamson on Tik Tok, and Saagar looks into Biden taxing High Credit score Homebuyers to prop up minority mortgages.
