Comment by Animats

2 days ago

> You should not need to protect yourself from being scammed.

Under the current administration, you need to protect yourself far more than before.

- The Consumer Financial Protection Bureau is gone.

- The Justice Department will focus on "violent crime", even though that's mostly the job of local law enforcement and the FBI doesn't handle 911 calls. In terms of dollars, white collar crime is far bigger than violent crime. (Burglary in the US is way down, about a fifth of what it was in 1990.)

- The administration plan is to move crypto enforcement from the Securities and Exchange Commission to the Commodity Futures Trading Commission. Heavy payoffs by the crypto industry have enabled this. [1]

It's called "deregulation", suckers. Open season on Americans.

[1] https://www.nytimes.com/2024/11/06/technology/crypto-industr...