• About Killing Credit Card Points and Trains Becoming Popular

  • May 9 2024
  • Durée: 1 h et 36 min
  • Podcast
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About Killing Credit Card Points and Trains Becoming Popular

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  • Résumé

  • The gang discusses the Durbin Marshall credit card bill and its potential impact on consumers and businesses. The bill aims to introduce competition in the credit card industry by allowing businesses to choose payment networks other than Visa and MasterCard. Proponents argue that this will lower costs and benefit consumers, while critics warn that it could lead to the reduction or elimination of credit card rewards programs.


    They also discuss trains.



    00:00 Introduction and Host Banter

    09:20 Discussion of the Durbin Marshall credit card bill

    28:43 The lobbying efforts of big retailers and airlines

    32:59 The potential consequences of the bill for consumers

    34:47 The Impact of the Durbin Amendment

    38:38 Trains!

    46:11 The Importance of Application and Better Infrastructure

    01:08:34 Subsidizing Trains

    01:14:35 The Challenges of Homeownership

    01:17:32 Streamlining Plane Safety Instructions

    01:21:44 Reviving the Whig Party


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