Government regulations are like zombies. They keep marching long after they should have been dead. "Please complete Form 4578," they drone. "There is no Form 4578? Then go directly to jail."
Such absurdities do not sit well with Robert Pitofsky, the new chairman of the Federal Trade Commission.To put his regulatory zombies to sleep, Pitoksky announced that nine FTC guidelines have been terminated or consolidated and that seven rules may be repealed at a later date.
The FTC, says Pitofsky, would prefer to spend less time enforcing obsolete or superfluous rules and more time rooting out consumer fraud. Who can quarrel with that?