| Comment Number: | 522418-08678 |
| Received: | 7/13/2006 10:06:36 AM |
| Organization: | Baker Associates |
| Commenter: | Kenneth L Baker |
| State: | IN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
First let me say that I firmly believe that government at all levels think it can fix all the ills in the world through legislation or rulemaking. The reality is that it makes the problem worse most of the time. Why not let the free market take care of itself without government intervention with laws and rules. Government’s function should be more about education. Spend the money wasted on job justification and educate the public - believe it or not they are smart enough to handle the problem if they have good information. Experience shows, however; the bureaucratic machine will proceed - so the best the public can hope for is to lessen the negative impact. Requiring a seven (7) day waiting period would put an undue burden upon the honest companies and individuals that are trying to become successful, therefore; this should be eliminated if the company has a money back guarantee. Requiring references is without a doubt another government invasion of privacy and would give the individual an unfair requirement that would expose him/her to unfair competition because all ten (10) of those - references - would love to register the prospect. Eliminate this portion. There are other areas of this proposed rule that put undue burden upon the average citizen that simply wants a chance to become a success in this country. I think the entire rule should be discarded and let the cream of the industry rise to the top in a free market. This rule will only penalize the average person trying to be successful - not the culprits that use our system to cheat the public - they will ignore any rules you make anyway. Believe it or not - a rule is not a deterrent. When I was considering becoming involved in the network marketing industry I received more than enough information to make an intelligent decision about the opportunity. If I had been suspicious or doubtful after the presentation, there was plenty of time to research the company and was encouraged to do so. Finally, remember, if it ain't broke - don't fix it.