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May 2024
1h 36m

About Killing Credit Card Points and Tra...

Andrew Heaton, Jen Briney, Justin Robert Young
About this episode

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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