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JumpCrisscross • today at 1:48 PM • 5 replies • view on HN

> what this might do is add some barrier or consideration when a bailout is considered

It’s a resolution. Pure puffery. A serious effort would have involved floating a bill.


Replies

kimixa • today at 4:46 PM

Yes, by the same logic manifestos and other statements of intent are also "pure puffery" as they're not yet law either.

Or even proposing new laws by floating bills when they don't already have the guaranteed votes - or even know they'll never pass. I'm sure many here would also want to dismiss that as "pure puffery".

Really why do we let anyone but the current majority party say anything at all? It's just puffery.

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tootie • today at 2:39 PM

It's a signal to voters sure but it's also a signal to AI companies and investors to hedge their bets because there's not going to be a backstop if they come crying. That's not puffery, it's forward guidance.

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deepsquirrelnet • today at 4:27 PM

A bill with opposition from the president brought by a minority party that currently has no majority power in any area of government... I think this is probably a better thing to do than a bill at the moment.

After midterms, they would still need significant public support to pressure against a veto regardless. So what you call puffery, is probably a very necessary first step.

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zamalek • today at 5:15 PM

The problems with floating a bill is that it would be killed by the Republican-controlled branches (all of them). Best to hold it back in the hopes that Americans show up to save the coutnry.

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furytrader • today at 2:32 PM

Right before the Midterm elections, to show that they are "trying to do something".

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