So, I'm trawling along the Web like I do most mornings, taking in the headlines of the day. I'm a longtime journalism junkie, so I manage to find something to shake my head about on even the slowest of news days.
The Federal Trade Commission drew my eye – and later ire – today. It began with yet another delay in the enforcement deadline for the so-called Red Flag Rule, which basically forces financial institutions (among others) to "to develop and implement written policies for detecting and preventing identity theft."
It's the fifth time now this part of the law's been pushed back, all the way to January 2011, this time. And this legislation became law more than two years ago. Something to keep in mind as we stare at calendars full of health reform deadlines. Hmm, and I thought editors couldn't hit deadlines.
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But the FTC's all over the place this week. Seems that in their spare time (you know, when they're not busy missing deadlines), the agency's looking at taking over (bailing out?) America's newspapers.
In short, the FTC just put out a major study of modern American media titled "Potential Policy Recommendations to Support the Reinvention of Journalism.'"
Now I love newspapers more than most. But this Orwellian extension of the executive branch makes me more nervous than James Cameron telling BP how to plug an oil leak.
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