|Received:||7/8/2006 2:55:40 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:To whom it may concern: When I went to work for someone else I have been interviewed by several "Qualified" personel, my credit has been checked, I have taken various tests written, oral and even some physical agility tests to see if I "Quailify" to see if I am able to fit the "mold" that they have predeterminded will make them the most profit. They have learned by hiring someone with the same qualities as their past hiring practices increases their greatest potential for profit. They will not hire someone if they see no potential benefit to the company. Why as an employee do I not have the right to run the company through various tests to see if their credit is at a certain level, to see if they are totally up to what they claim to be afterall I am selling my life with the expectations they will be around 5 years or 40 years from now. If I climb their coporate ladder will I find out my ladder has been up against the wrong wall and the wall that would get me where I want to be is two blocks away and in order to get there I have to quit and start over again. Had there been a complete disclousure seven days prior to me signing up perhaps I would have been able to have my ladder leaning against the right wall. When someone at the top is making the most money and the only way one can make that amount of money is to get to his level what is ones options in the corporate world? If I want to become the CEO of a company someone has to loose. Someone has to loose that position for me to take it over. What are my chances of becoming a CEO of a major corporation, If I don't have the right last name, If I don't have someone teach me how to become the CEO how am I going to become a CEO? If someone who is not the CEO trys to teach me how to become something they have never been how can I expect to become one? For if they really knew how they would be the CEO. The point is why is this not disclosed to every person who goes to work for a company that their chances for success is very limited if not impossible. Their paycheck is totally determined by their employer the employee has no say on how much they should be paid, and by not having a say on how much to get paid he has to settle for whatever lifestyle that amount of income allows! Why is this not fully disclosed by having the employer provide a list of 10 references of past employees and providing it 7 days prior to being hired. If the success of those current or past employees were known then perhaps I as a potential employee may make a more informed decission. Why is it so one sided? What is the chances of a major corporation showing me their income statement before I start to work for them and divulging their history with the law especially when I wouldn't even know how to interpert the legal jargon? What is an illegal pryamid most people have only heard the terminology and when someone says thats one of "those" people close their mind and wont even listen. What they have been told an illegal pyramid is is when someone at the top is making all the money and no one can take their spot or make as much money as they do and every one they bring in they make money on. So that when people stop coming in the whole system starts to crumble and many loose all their time and investment. So long as there is a substantial investment when someone gets signed up enough money keeps everyone above them in the money. My question to you is when I went to school and invested my hard earned money thousands of dollars into a school to obtain an education so that I had the right to apply for a job why wasn't I given a full disclosure of how successful every graduate had in obtaining a position with a successful company? Those that did obtain a job why wasn't an income statment or claim of income given to them? Verses how long my investment in school with no guarentees of future income take me to pay the loan off, disclosed to me? How is a corporation not a pyramid? The one at the top is rich.