|Received:||7/4/2006 12:18:55 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:1. The Free Enterprise System has inherent safe guards--if you don't like my product or service you won't come back. Regulations slow down the honest business man and while the dishonest pay no attention to them. It's like putting out a net when you should be using an arrow. 2. 7 Day waiting period again only slows down the process. Better a 7 day 100% money back guarentee. And I already offer a 6 month 100% money back. I don't need the FTC to put a gun to my head. 3. Financial disclosure--who's going to moniter that? Anybody can write anything they want. Again the policy bogs down and penalizes the herd of honest business people to catch the few dishonest. Reputations are the best long term solutions. A good name is worth much. I've been in business 16 years. Companies have come and they gone and we continue to stand and to grow. Although some get hurt by those who break the speed limit--I don't have the right to put a governor on my neighbors car. And if I don't have that right then I cannot deligate it to the FTC. Government that exceeds the individual rights of it's representatives is a monster that has exceeded it's creator. Remember Dr. Frankinstien? The Free Market System has inherent safeguards. It's not always pretty and some get hurt but it's the system that built this country. It's very effifcient. Reputation is a charactor trait not regulation. At the end of the day reputation is still standing. When some one gets hurt there are consequences. Now the mothers and big brothers might argue precautionary safety at all costs. But that philosphy never built a thing--show me a society that had it's beginnings in thousands of pages of slow down regulations? Come on guys--get out of the way of the free market system and watch it's natural pruning take place.