FTC restores rigorous enforcement of law banning unfair methods of competition
> Policy statement renews agency’s commitment to exercising<p>Classic Uncle Sam newspeak. If there previously was commitment, there'd be no need for restatement and/or renewal. Put another way, this is a shameless way of saying, "We've been slacking." Bold.<p>That aside, taking it on its word, this type of hard left turns are counter-productive. No one - business or society - likes surprises. They need to set a standard, *do their jobs*, and stick to it. They might also want to send a memo to The Fed asking they refrain from pouring gas on the fire that ultimately benefits those best positioned to capitalize on said pouring.<p>This swerve left only means there'll eventually be a swerve right. And back again. Hardly an effective approach.