this post was submitted on 15 Aug 2023
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A federal judge dismissed a lawsuit brought by two conservative groups intended to halt the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

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[–] afraid_of_zombies@lemmy.world 22 points 1 year ago (1 children)

CATO backed the suit and their board of directors is about half bankers or former bankers. This isn't even the first time they tried this, back October last year.

They couldn't win in public opinion, they couldn't win by lobbying, so they tried it in court. They failed completely to demonstrate that they had any standing to bring this case.

They also claim to be libertarian. Just something to remember the next time people tell you that there is a difference between the two.

[–] surewhynotlem@lemmy.world 2 points 1 year ago (1 children)

Don't you know? You don't need standing anymore. You only need imaginary hypothetical possible standing.

Or maybe that just applies to wedding website developers. I'm not clear on the case law.

[–] afraid_of_zombies@lemmy.world 1 points 1 year ago (1 children)

Yeah I admit I don't understand the law very well but it's weird how offended observer no longer counts for church separation laws. That web design event planner was especially interesting since no one gay had actually asked about it. Seems the lawyers just made it up.

[–] surewhynotlem@lemmy.world 2 points 1 year ago

It was very strange. Most lawyers expected the supreme court to toss it due to lack of standing. The fact that they didn't means that they're more of a legislative branch now. It's not a good precedent to set.