Obama administration's war on business (and waste of taxpayer money) continues:
FTC brings in former government prosecutor to dig deeper into Google’s business practices - The Washington Post: "Wilkinson is best known for helping to convict Oklahoma City bomber Timothy McVeigh in 1997. Now a partner at Paul, Weiss, Rifkind, Wharton & Garrison, in Washington, D.C., Wilkinson also has experience in antitrust law and white-collar criminal cases.
The FTC stressed that Wilkinson’s hiring shouldn’t be interpreted as a sign it intends to sue Google Inc.
“We are delighted to have someone of her caliber helping us on such an important matter,” said Richard Feinstein, director of the FTC’s Bureau of Competition."
Delighted? Really? Here's a question no one seems to be asking: why are taxpayer funds being used (wasted) to pay a high-priced D.C. lawyer working a no-bid government contract to provide legal services to pursue a meritless claim against a legitimate business (Google) that has done nothing wrong?
Also, how much will Google have to spend to defend itself against the FTC's waste of taxpayer funds?
Does the FTC not have any legitimate work to do? Perhaps the Romney administration should abolish or severely cut back funding of the FTC as it seems to have gone "astray" and is lost in its "inside the beltway" bureaucratic mentality.
Thankfully, I am not alone--others are waking up to the FTC's waste of resources hassling Google:
Economists tell FTC to 'buzz off' on Google antitrust investigation | The Daily Caller: "Economists have had it with the forceful gaze of government regulators directed at Google. 101 economists from some of the nation’s most distinguished universities, and from the National Taxpayers Union, expressed concern over the swath of scrutiny directed at Google in an open letter published Monday. The Federal Trade Commission recently announced it hired a prominent outside litigator as part of its current antitrust investigation into Google. The NTU letter openly criticized the antitrust regulatory framework that the government has forced businesses to operate under, claiming that it is doing more harm than good to the economy. . . “Policymakers should instead deploy their talents on restructuring our broken, burdensome regulatory and fiscal management systems in order to foster strong competition and economic growth into the future,” the economists wrote."
Read more: http://www.ntu.org/news-and-issues/telecom/57an-open-letter-to-public.html
Tweet Follow @johnmpoole
The Big Picture
Financial Crisis - The Telegraph
JohnTheCrowd.com | The Sailing Website
Craig Newmark - craigconnects
- ► 2015 (131)
- ► 2014 (368)
- ► 2013 (380)
- We Can't Afford War No More
- Chen Guangcheng was not an exceptional case
- Greece: “The situation is getting out of hand”
- An Exit Strategy for Greece et al
- The Truth About Private Equity
- The Next Pension Crisis
- Obama's Problem In A Nutshell
- Barney Frank Does Not Want Secret Service at Wedding
- What's wrong with Obama's Bain ad?
- Obama: Losing Women
- Obama: Running a Losing Campaign
- Good News for Android Users
- Obama's in charge - be careful where you fly!
- The Facebook Fad
- No "bot" here
- In JPMorgan Chase Trading Bet - read the fine print
- Greece and the Eurozone: Voting with your Money
- How I Fixed the Tax Code (In Half a Day)--another ...
- The Greek Drachma Cometh--are the Fed and U.S. Tre...
- James Carville: Democrats could lose
- EPA Official On Oil Companies: 'Crucify Them'
- Will Higher Tax Rates Balance the Budget?
- Student Debt--a problem the government created
- More on Obama's "Evolution"
- President Obama Flip-Flops on Gay Marriage
- Google rebuffs FCC -- yeah Google!
- FTC Wastes Taxpayer Funds "Investigating" Google
- You can forget about housing coming back soon
- Real Estate Trend: downsize for hassle-free living
- Enjoy the day by the sea
- Loeb Demands Yahoo Board Fire CEO
- Best time to send email so it will get read
- Scriptkitty Dreams [video]
- Gallup: U.S. Unemployment Rate Up in April to 8.6%
- Obama's dog-eating jokes make crategate a non-issue
- California Student Had To Drink His Own Urine To S...
- The Hard Thing CEOs and Presidents Have To Do
- Dan Rather: Mitt Romney has "a good chance of beco...
- ▼ May (38)