16 CFR Part 310: Telemarketing Sales Rule Federal Register Notice: Rule Review Request for Public Comments as Part of the FTC’s Systematic Regulatory Review #00010

Submission Number:
00010
Commenter:
Gerard Thompson
Organization:
Self
State:
Minnesota
Initiative Name:
16 CFR Part 310: Telemarketing Sales Rule Federal Register Notice: Rule Review Request for Public Comments as Part of the FTC’s Systematic Regulatory Review
Matter Number:

R411001

If you stop the calls you stop well over 90% of your problems - but the government refuses to make the pain of violation and/or continued violation strong enough against these organizations - that continued action on their part is a monetarily prohibitive ruling so strong.... The credit card company that you have taken to court and have fined continues to call - on the average 7- 8 times per week. You haven't got their money attention yet folks. The pain was not strong enough. Was not there an on-going cease and desist practice attached to the judge’s ruling as well? I have documentation since this June of date and time of their calls.... The pitch is the same, the people are the same - if your fine was i.e. 50 times larger and continued abuse would increase contingent on-going fines attached to this company with continued violations - the firm could not stay in business - nor could they start another "look alike" or similar practice or operational business if the judge so decreed. I did get a respected opinion on that one locally here - and they agreed the government action is late in coming, money wise the fines are weak and are worth continued violation... Government - get a business head about you and protect those you serve and do it post haste - cut off the head of the dog that is biting people and/or businesses. The head is their money supply - their sales - cut that part of their business off and they will have nothing - they will have zero cash coming in the door.... THAT technique applies to just about everyone "selling" something. Make the fine so painful, continuation of that practice would money wise put them out of business. You can do it if the GOVERNMENT really wants to.... your actions will tell.