Guest Post: Welcome to the United States of Orwell, Part 4: “Consumer Protection” Just Another Federal Reserve Power Grab

Thursday, March 29, 2012
By Paul Martin

by Charles Hugh Smith
ZeroHedge.com
03/29/2012

Welcome to the United States of Orwell, Part 4: “Consumer Protection” Just Another Federal Reserve Power Grab

How to mask yet another Federal Reserve power grab? Call it “consumer protection.”

This is truly Orwellian: the latest and greatest Executive Branch/Federal Reserve power grab is labeled “consumer protection.” I am indebted to correspondent Jim S. who seems to be one of the few Americans to have actually sorted through this monstronsity and gleaned its true nature: an unprecedented extension of Executive (i.e. Imperial Presidency) and Federal Reserve power.

The Rest…HERE

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