Congress Gives Consumers a Gift, But Some Want to Take it Back

U.S. Capitol Building
U.S. Capitol Building

Consumers ought to have a lot of friends. After all it's our money that fuels business in this country - and a lot of other countries, for that matter.

In about a week, the government is slated to unveil a tool for consumers that catalogs safety concerns and complaints about certain products. The database, which was approved by Congress a few years ago, will allow consumers to make better informed decisions about what the products they buy.

To little surprise, there's a move in Congress to try to undo it at the last minute. Like sharks sensing blood, industry is circling for the kill. Why? Because big business is afraid that knowledge is power -- and they don't want consumers to have knowledge or power.