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