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The FTC, SEC, FAA and FDA have been defanged by successive Republican administrations and Congresses. The first two above are essentially extinct. I blame Democrats for being so pathetic about messaging that they couldn’t ever come up with a coherent counter to the deregulation. Maybe it was hubris to assume that “protecting the electorate” would sell itself. But the DNC arrogance is alive and well today

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today i learned that the agency for which I have been an enforcement attorney for the last 17 years is “essentially extinct.”

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Well if your employer is the SEC or FTC then I would say that the inmates in the asylum are usually the last ones to know. But I’m not alone in my opinion that consumer/investor protections are extinct. The impunity by which predators feed off the vast majority of the electorate harks back to the gilded age.

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so just cliches then. okay

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What cliche? When has any regulatory agency gone after someone before the train wreck? Name an agency and everyone can name at least two disasters where fines were paltry and how many companies plead guilty without any admission of wrongdoing. Toothless

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I mentioned (in reply to Charlie Cooper above) "Lina M. Khan is Chair of the Federal Trade Commission, which enforces the nation's antitrust and consumer protection laws." who gave an extensive and informative interview thanks to Jon Stewart on his Daily Show Monday night. (maybe watch it on YouTube)

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