The Fed Wants to Control the Blogosphere, Too

It was bound to happen eventually, the United States Federal government in an effort to regulate all parts of the web is now aiming to control what bloggers can and cannot do. A sad day:

"Blogger or flogger? The Federal Trade Commission is taking a tougher line on bloggers who accept cash or gifts to tout a company's products or services."

"Under revised rules announced Monday, the FTC will require bloggers and celebrities to clearly state when they receive cash or "payment in kind" for endorsing a company's products or services."

WSJ: FTC Toughens Endorsement Rules For Celebrities, Bloggers