| Comment Number: | 522418-03574 |
| Received: | 6/20/2006 11:52:08 PM |
| Organization: | Amsoil, Inc |
| Commenter: | Robert Riley |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am currently involved in direct selling with the Amsoil Corporation. The cost of housing where I used to live was so high that it typically requires a person to earn at least $125,000 per year qualify for a mortgage at today’s prices. Because of the Network Marketing opportunity that I have been given through the Amsoil Corporation, the income I have earned has enabled me to buy a house far away from where the expensive homes are. I was able to buy a house and have this home business running out of my house. If this new law is enacted, you'll end up putting me in foreclosure, as the jobs in the town, with this lower cost of real estate, are too low to sustain a mortgage. The salaries have not kept up with the cost of housing and cars. This opportunity was my only hope of being a homeowner. I've been unable to buy a house for the last 20 years. Now that I finally have it, your new law will end up shutting me down and put me into foreclosure as well as forcing me into bankruptcy. I will have to eventually leave the country because I can no longer afford housing while living in this country. The USA is slowly turning into a 3rd world country where everything has gotten so expensive that most people from upcoming generations will never be able to have the opportunity of getting the American Dream. All of the jobs in my area pay an average of $6.50 per hour. That does not qualify for a home anywhere around here. Amsoil's income has far exceeded this. It's up to you. Go ahead and pass the law and I'm out of here. I'll be one less taxpayer. Instead of Mexico having people wanting to flea their country, you’ll have Americans wanting to flea the USA.