| Comment Number: | 522418-10474 |
| Received: | 7/16/2006 2:50:03 PM |
| Organization: | |
| Commenter: | Orus Barker |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
What the FTC proposes in the socalled Business Opportunity Rule is nothing short of DRACONIAN. It's as if the government decided to hire a bulldozer to flatten an area where an unwanted fly was spotted. As it turned out, that was just an excuse to get rid of a successful business that was competing against a government business buddy (corporation). Any sensible and reasonable person is against fraud in business transactions. But this poposed rule is not about getting rid of fraud but clearly about throwing prohibitive barriers around a way of doing business which shares wealth with members and is based upon cooperative initiative rather than hording wealth at the top while keeping everyone else isolated and at worse, at each others throats. If the members of the FTC had any integrity and honesty among themselves instead of being fraudulently in the pockets of the large corporations, they would be enforcing anti-trust and anti-monopoly laws instead of overlooking them. There are plenty of laws on the books already to deal with fraud. The problem is: you do not like those laws because they serve to restrain the fraudulent practices of your buddies. Theodore Roosevelt believed when a business got so large they would be by nature fraudulent. He correctly identified those bulldozing their way to bigness as "ROBBER BARONS". And he put in motion a set of laws and regulations that, if enforced, would do far more to prohibit fraud than than the socalled Business Opportunity Rule which is an obvious attempt to thwart an approach to business that dictatorial corporations find threatening. To even propose this rule is to show how fraudulent the members of the FTC are.Perhaps we the people should begin proposing rules that would serve to limit the fraudulent behavior of the members of the FTC. Sincerely, Orus Barker