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Monday, December 14, 2009

ANOTHER FEDERAL BLUDGEON -- Review & Outlook, The Wall Street Journal


The economy doesn't need a bigger, badder, FTC.

In every poll and town hall meeting, Americans are demanding . . . a stronger Federal Trade Commission. Just kidding. But you're about to get a more powerful FTC anyway, so look out.

Buried in the House financial reform is a provision that would muscle up the FTC and radically expand its mission. Pushed by liberal barons Henry Waxman and Barney Frank, the language would empower the FTC to impose civil penalties on companies

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