S12 EP37: Hour 1 - Student Loans Go to Court
The Erick Erickson Show
Erick Erickson
4.5 • 874 Ratings
🗓️ 28 February 2023
⏱️ 38 minutes
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Transcript
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| 0:00.0 | Welcome to the Eric Erickson Show podcast, Our One. |
| 0:12.1 | Hello, America. Welcome. It is Eric Erickson here. Across the nation, the phone number is 877-977-7-4-25. Today, of course, it's February 28th, the last day of February. Normally, I don't note the date because does it really matter? Except this is that weird month where 30 days has September, April, June, and November, all the rest of 31, except |
| 0:38.9 | for this one, where it's got 28, except in leap years, which next year will be this year is |
| 0:45.1 | not. I remember that. The little things you remember from grade school, I remember that one. |
| 0:51.4 | Okay, I want to start off actually. |
| 0:56.1 | We've got to do several deep dives today. |
| 1:00.8 | There's a lot to talk about, but the biggest news today, of course, is the student loans. |
| 1:06.4 | The student loan bailout program has gone to court, not just to any court. |
| 1:13.2 | It's gone to the United States Supreme Court today. |
| 1:16.9 | And the court is, at least the conservatives in particular, a little skeptical of what is happening. |
| 1:26.3 | The thing you've got to know here is that the Biden administration worked very, very hard to make sure |
| 1:34.3 | that no one would be able to contest what's actually happening. |
| 1:41.3 | The big issue here is standing. Let me explain standing to you. |
| 1:47.0 | In order to bring a case to court, you must have standing. |
| 1:56.0 | That means you individually must be injured in some way. |
| 2:04.4 | The Biden White House arranged for the student loan bailout program to be structured in such a way that there were people who would have injury. That injury impacted their |
| 2:21.7 | financial liability in other matters, whether it was taxation or other issues. That when a person |
| 2:29.0 | filed a lawsuit over that, the Biden administration then carved out an exception for people impacted |
| 2:35.7 | in such a way. |
| 2:36.8 | And so the argument was that the plaintiff now has no injury because the White House, |
| 2:42.8 | the president restructured the student loan bailout package so that he did not have to be |
| 2:48.7 | impacted. |
... |
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