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FTC demands info from retailers on shortages Login/Join 
Member
Picture of Leemur
posted
https://www.usatoday.com/story...xTeiRbRtVBr9VyUEl2_Q

So the government is investigating a problem caused by government. Sounds like SOP with those clowns.
 
Posts: 13944 | Location: Shenandoah Valley, VA | Registered: October 16, 2008Reply With QuoteReport This Post
Now in Florida
Picture of ChicagoSigMan
posted Hide Post
Drives me crazy when politicians use the power of government to deflect attention from their own failures. Seems we go through this exercise every time there is a Democrat in office. Nothing is ever their fault. It's always "greedy corporations". (who for some reason only display their greed when Democrats are in office). These businesses are going to have to spend time and money dealing with this nonsense when everyone knows what the problem is. It's not right. The regulatory state isn't a weapon for Democrats to deploy whenever their polling numbers tank.
 
Posts: 6094 | Location: FL | Registered: March 09, 2009Reply With QuoteReport This Post
Internet Guru
posted Hide Post
We'll be in bread lines before the leftist get finished saving us.
 
Posts: 2210 | Registered: April 06, 2013Reply With QuoteReport This Post
Don't Panic
Picture of joel9507
posted Hide Post
I can save them a bunch of time....

FTC: "Why is our amazingly complex economy not working?"

ANS: "Morons like you shut down random bits of it, and expect that not to have had any impact."

FTC: "What could we do to help?"

ANS: "Stop trying to help."
 
Posts: 15371 | Location: North Carolina | Registered: October 15, 2007Reply With QuoteReport This Post
Member
posted Hide Post
Really? Can this even be legal? Sounds terribly intrusive.

From the USA Today article...
Companies also are required to provide the FTC with "internal documents regarding the supply chain disruptions, including strategies related to supply chains; pricing; marketing and promotions; costs, profit margins and sales volumes; selection of suppliers and brands; and market shares."
 
Posts: 658 | Registered: September 30, 2013Reply With QuoteReport This Post
Optimistic Cynic
Picture of architect
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Oh yeah. and don't forget to include those records of campaign contributions, we promise to not hold them against you.
 
Posts: 7200 | Location: NoVA | Registered: July 22, 2009Reply With QuoteReport This Post
Raptorman
Picture of Mars_Attacks
posted Hide Post
Retailers are not required to sell their goods.


____________________________

Eeewwww, don't touch it!
Here, poke at it with this stick.
 
Posts: 34870 | Location: North, GA | Registered: October 09, 2002Reply With QuoteReport This Post
Slayer of Agapanthus


posted Hide Post
quote:
Originally posted by bdylan:
We'll be in bread lines before the leftist get finished saving us.


Yep. Its incredible how fucking stupid the leftists are with their magical thinking. Venezul-usa.


"It is only with the heart that one can see rightly; what is essential is invisible to the eye". The Little Prince, Antoine de Saint-Exupery, pilot and author, lost on mission, July 1944, Med Theatre.
 
Posts: 6086 | Location: Central Texas | Registered: September 14, 2003Reply With QuoteReport This Post
Lead slingin'
Parrot Head
Picture of Modern Day Savage
posted Hide Post
From the article:

"As the holiday season got underway, President Joe Biden tried to reassure shoppers that his administration was working to ease supply chain problems. Businesses are working to overcome lingering effects of COVID-related shutdowns and now issues arising from the strong recovery that has generated more demand than many ports, manufacturers and retailers can handle.

The president spoke Monday with the CEOs of Best Buy, Food Lion, Samsung, Etsy and Walmart, among companies. The corporate leaders reassured Biden.

“While we’re all concerned about the supply chain, we have more inventory than we did a year ago, and we have the inventory that we need to be able to support the business,” Walmart CEO Doug McMillon said. “And we are seeing progress. The port and transit delays are improving.”


This isn't about fixing the supply chain issues. This is about the appearance of fixing supply chain issues. President Biden and his administration need to find a scapegoat(s), some evil straw man to blame, because the voters absolutely can not be allowed to believe that this mess is, in anyway, a result of their own inept corrupt policies.

A proper scapegoat will be found, perhaps more than one, government regulators will ride into punish them, and see, we told you it was someone else's fault...BIG government to the rescue. How silly and quaint you plebes are for thinking this was our fault.

The sad part is that some retailers and their trade organizations will fall in line, side with the Biden administration, and dutifully serve up some of their own, and probably negotiate some concessions for themselves while doing so.



https://m.youtube.com/watch?v=3IlcDvXaUCw
 
Posts: 7324 | Location: the Centennial state | Registered: August 21, 2006Reply With QuoteReport This Post
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