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Comment by vmception | Hacker News Reader

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vmception·

I wonder if the Court of Claims would cover trading losses from the Fed’s actions

I should look up the judges to get a feel for their predilections

I wanted to see S&P 12,000 for a moment

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How would the Fed fulfilling its mandate give anyone a case for recovering their trading losses?

A different part of the Federal government has a mandate of paying people harmed by the Federal Governments actions.

Just make the argument and see.

Google Scholar has all of that court’s cases online in plain text.

But if the government raises taxes you don’t get to sue for lost expected income (absent some specific extenuating circumstances), do you?

What do the Court of Claims cases say? Were those cases dismissed?

I’m not a lawyer or a scholar on these matters, so can you help point me to the Court of Claims you mean? The only one I can find no longer exists: “The Court of Claims was a federal court that heard claims against the United States government. It was established in 1855, renamed in 1948 to the United States Court of Claims (67 Stat. 226), and abolished in 1982.”

The court of federal claims still exists, odd one word messed up your google-fu

It was an honest question. It didn’t mess up any googling. I just don’t know anything about the particular legal structure/origin/whatever of the court you brought up, and so I had no way to know if the slight difference in name was meaningful or not.

I could have worded that better, I still think it is odd that the search engine didn't correct you to the most likely correct source.

I honestly wonder what the extent of the accepted arguments are to that court.

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