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Biden to launch joint FTC-DOJ task force to crack down on ‘unfair and illegal pricing'.
CNBC ^ | 3/5/2024 | Rebecca Picciotto

Posted on 03/05/2024 5:17:20 AM PST by MrRelevant

“We’re excited to be co-chairing the president’s new Strike Force on Unfair and Illegal Pricing, which builds on the FTC’s far-reaching work to promote competition and tackle unlawful business practices that are inflating costs for Americans,” FTC Chair Lina Khan told reporters on a call Monday.

(Excerpt) Read more at cnbc.com ...


TOPICS: Chit/Chat
KEYWORDS: classwarfare; commerce; communism; despotism; doj; ftc; pricecontrols; tyranny
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To: MrRelevant

Nationalizing Socialist Fascism


21 posted on 03/05/2024 5:35:38 AM PST by linMcHlp
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To: MrRelevant

“unfair and illegal pricing”

That is %100 caused by Puppet Biden’s federal reserve printing of trillions of dollars, resulting in the debasing of currency and purchasing power.

But according to the filthy degenerate Biden junta, the price inflation is due to greedy business owners. /spit


22 posted on 03/05/2024 5:37:43 AM PST by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: MrRelevant

Yet I heard income tax is going to go up.


23 posted on 03/05/2024 5:49:46 AM PST by IC Ken (If the government can just print Money why do I have to pay taxes?)
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To: MrRelevant

Just like comrade FDR imposed on the people and under his tyrannical rule he sent his thugs to enforce the law and had people imprisoned.

I wonder when the emergency act to change the elections will be revealed.


24 posted on 03/05/2024 5:50:23 AM PST by grcuster
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To: Brian Griffin

Turn it upside down and it says “NIM”, for “No Immediate Miracles”.


25 posted on 03/05/2024 5:51:44 AM PST by OKSooner ("You won't like what comes after America." - Leonard Cohen.)
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To: MrRelevant
The Wizards of Smart will tell every company exactly what their product prices should be. And the result will be...


26 posted on 03/05/2024 5:53:24 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: MrRelevant
Strike Force

No longer a "Task Force" ... It's a "Strike Force".

Oooh.

Aaah.

One Empire!!!

One (diverse) People!!!

One Leader!!!!!

HAIL BIDEN!!!!

HAIL VICTORY!!!!!

27 posted on 03/05/2024 5:55:20 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: Brian Griffin

charging hidden junk fees for services that provide no additional value.”


I would like to apply that standard to government. maybe trump can use this.


28 posted on 03/05/2024 5:55:43 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: MrRelevant

What “laws” are these people talking about?


29 posted on 03/05/2024 5:56:11 AM PST by gitmo (If your biography doesn't match your theology, what good is it?)
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To: Brian Griffin
But seriously ...

Biden is motivated by begging Doctor Jill for a chocolate pudding pop ...

The Cabal pulling his strings is motivated by using marxism to firmly establish themselves in power.

30 posted on 03/05/2024 5:56:52 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: MrRelevant

I guess a lot of companies are going to close their doors until the Constitution is reinstated.


31 posted on 03/05/2024 5:57:26 AM PST by gitmo (If your biography doesn't match your theology, what good is it?)
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To: Flavious_Maximus

“greedy business owner”

There is NOTHING in this entire world as greedy as the US federal government. Nothing. They take all your income as taxes, spend it on worthless stuff or actively against you who earned it, and when that isn’t enough, they print money out of thin air causing high inflation to bankrupt the nation.


32 posted on 03/05/2024 5:57:39 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: ProtectOurFreedom

Let’s say you buy a gallon of gasoline at your local Exxon station ...

How much profit does XOM make from the sale? What did it do to earn that profit?

How much profit does Fed.Gov make from that sale? What did it do to earn that profit?


33 posted on 03/05/2024 6:00:04 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: NorthMountain

Well, FedGov hired huge armies of regulators and IRS agents to harass XOM. There’s that contribution to our economy.


34 posted on 03/05/2024 6:02:33 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: ProtectOurFreedom

“greedy business owner”

Nothing is ever the same, but it rhymes.

Business owners are the new Kulaks who will be consigned to some gulag somewhere.

Or business owners will be blamed for the economic debasement and currency inflation just like Jews in Nazi Germany.

Perhaps, the business owners will be marched into the swamps and deserts to learn how to live like the proletariat like Pol Pot in Cambodia.

Or, in an ever the same scenario of tyrants and dictators over the past centuries, rounding business owners up in various cities across the USA and subjecting them to beatings and humiliations in front of thousands like Mao would be the manner in which Biden and his cohort of Communists act.

Who knows? This is not Nixon’s price controls. This is full on Communism coming into control.


35 posted on 03/05/2024 6:08:19 AM PST by OpusatFR
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To: The Louiswu

Probably already in a draft form waiting for go time.


36 posted on 03/05/2024 6:11:22 AM PST by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure..)
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To: MrRelevant

Price controls inevitably lead to shortages. Does anyone remember the de facto gasoline rationing in the 1970s? People are eating out of dumpsters and even essential consumer goods are unavailable in Venezuela all because of price controls.


37 posted on 03/05/2024 6:41:26 AM PST by The Great RJ ( )
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To: Brian Griffin

Wilbur Is Naughty.


38 posted on 03/05/2024 6:47:13 AM PST by Uncle Miltie (Objective: Permanently break the will of the population to ever wage war again.)
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To: MrRelevant

These people want us to believe that a lower rate of inflation means inflated costs are coming down and that prices should be reduced.

The lower rates of inflation just add to the 18% inflation Bidenomics has already put on the American people.


39 posted on 03/05/2024 6:50:27 AM PST by Will88 ((The only people opposing voter ID are those benefiting from voter fraud.))
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To: MrRelevant

Crack down on ‘unfair and illegal pricing’.
***************************

Biden’s translation of inflation aka pass the buck he learned that trick from Obama.


40 posted on 03/05/2024 7:05:05 AM PST by Vaduz
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