FTC restores rigorous enforcement of law banning unfair methods of competition
> Policy statement renews agency’s commitment to exercisingClassic 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.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.This swerve left only means there'll eventually be a swerve right. And back again. Hardly an effective approach.