Wednesday, May 3, 2023

An Update on Lina Khan

In November of last year your faithful Peasant wrote a piece
about President Biden's Federal Trade Commission chairwoman
Lina Khan and her fantasizing that she has the power to reshape 
our country's economy according to her whim. She is so 
concerned about "bigness" regarding businesses, but is not 
worried about government having such generous dimensions
and scope. What Khan has in store for the United States will
be a nightmare for not only businesses but for consumers,
innovation, and investors as well. In my previous piece about
Khan I remarked on her seeking to use her department to 
create a "green" economy, which would mitigate climate
change while giving us renewed prosperity; it would in fact
do neither. 

The courts have not looked favorably on Khan's iron-handed
methods of bringing this about, not have FTC employees. 
Christine Wilson, a Republican appointed commissioner at the 
FTC announced her intention to resign her position, stating 
that she does not want to legitimize to Khan and her enablers
"for the rule of law ... and due process." 

The FTC was created to protect consumers from those who 
would take advantage of them by illegal business practices.
So with Khan heading the commission, who will protect 
consumers (and everyone else) from the FTC?


MEM 

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