|Received:||7/3/2006 10:30:04 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I heartily support the proposed changes in FTC rules governing multi-level marketing organizations which would require disclosure of their (currently grossly-exaggerated) income claims. You see, I have effectively lost a brother-in-law to World Wide Dream Builders/Quixtar. He was lied to from the start, had dreams dangled in his face, and was fed a crock of lies about the supposed incomes that his uplines, as they are called, and other independent busines owners (IBOs, in his lingo) are earning. If John Richard Graber were to truthfully examine his time commitment, his expenses and the cache of vitamins, energy drinks and soap products sitting in his every closet, and honestly evaluate his tax return, he would find out just why he never has enough money for anything else - he is losing money hand-over-fist! The income he was promised with about 10 hours of work a week is pure fiction and is never realized for the vast majority of the recruits. Forcing the MLM proponents and recruiters to truthfully document their real incomes would be a tremendous benefit to numerous possible, future recruits. After all, shouldn't everyone make business decisions with complete and accurate information?