| Comment Number: | 522418-05857 |
| Received: | 7/3/2006 10:19:20 PM |
| Organization: | Quixtar |
| Commenter: | John Fairall |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
With regards to the proposed Business Opportunity Rule, the FTC's efforts should be applauded. However, the process in which it is proposed will be detrimental to business's which are ligitimate such as Quixtar. For example, the request for references is something that is not necessary in the case of a legitimate business that offers a team of support. Any prospect has the opportunity to attend a free meeting attended by active independent business owners. At that time a prosepect is free to ask any questions they want to any person they desire, without that business owners confidential information, ie address and phone number being given out to a stranger. Should my name and number be required to be given out to "prospects" I will have to seriously reconsider my involvement in such a business for the safety of my family. How dare the goverment intentionally place my family at risk for theft and other malicious acts by requiring me to give out my address and phone number and even financial statements, backing the income claims that are made. Would this not simply make it easier for criminals to know exactly where they should focus thier efforts. Is it not enough that the government is already robbing me blind in its multiple taxiation policies, they need to put me in a situation that gives what is left to the criminals! What is the phone number and address of Steny Hoyer? I would like to call him tonight, perhaps at a convenient time for my night owl lifestyle, say two am, to find out the details of his financial portfolio. Get the point? There are nuts out there who would be serious and not simply be attempting to make a point very clear. Being affiliated with Quixtar has made me a stronger man is every sense of the word. I am the leader of my family, the grass root strength of America. I am more involved in my community and goverment activities, supporting those which better America, and opposing those which threaten our nation. I must request that the FTC seriously reconsider its current proposals and the ill effects it may have on legitimate businesses. Case in point, law abiding citizens who own guns, rarely are linked to gang deaths. Illegitamate businesses will continue to find a way to circumvent the system while the legitimate businesses will suffer for trying to follow the rules. Perhaps the FTC could require that all businesses registered in the USA be certified by the FTC as legitimate or not. People could then check with FTC knowing that they have already researched the claims made by a business. Similar to activities conducted by the Better Business Bureau, however, much more in depth. Once again, I applaude the efforts the FTC is making to ensure that business are legitimate and appreciate their serious reconsideration of some of the proposals which will be detrimental to any business, legitimate or not.