| The Devastation of Over Regulation
Small, medium and large businesses across America have been burdened almost to the point of extinction due to the miss management of our regulatory bodies. I have been to every city in the country over 10,000 population and I have seen the destruction that regulatory agency regulations cause through unintended and unanticipated consequences, what is wrong with reducing your regulations and helping the common good, the rural towns in America, the people who care most about this great nation? The Federal Trade Commission although a small agency is one of the culprits as they regulate the franchising industry and the franchise industry is involved in all levels of business; small, medium and large; both private companies and corporations. Recently in a report on franchising the FTC claimed that franchise disclosure was cost effective. It is unfair for the Federal Trade Commission to make a misrepresentation of facts, falsehood or bogus assertion when they either knew or should have known that such statements will cause irreprehensible consequences to free markets and further violate the right to free contract afforded to us by the United States Constitution. Stating that these disclosure documents are somehow “Cost Effective” is such a falsehood. Whether or not such claim was made out of malice or ignorance; neither alleviates the cause and effect or lets the Federal Trade Commission off the hook. If it was made in spitefulness it is dishonest and the problems created can never be fully remedied, if it was out of ignorance, it clearly spits in the face of the very “Truth, Justice and American Way” that we as citizens expect from that branch of the Department of Justice. The all-knowing, all mighty FTC looking out for us, how can this be? How can such linear thinking and such outrageous miss-statements appear in a report concerning the greatest business model every created in the history of mankind’s development of economy and trade. There is nothing, cost-effective about the current disclosure process in franchising, it is cumbersome, it slows down the fluidity of business, it is cost prohibitive and creates barriers to entry, thus eliminating competition, consumer choice and causing further problems down the road for the very consumer such disclosures are suppose to be helping. “Cost-Effective,” reminds me of NASA spending a million dollars to engineer a pen that could work in the International Space Station, the Russians took a $ .04 pencil. How would government know anything about being cost-effective? That is utter nonsense and that phrase and premise; “cost-effective” has any basis. This cost-effective message, which is extended thru the report is a hole in the whole foundation of the argument for any for massive disclosure rules in the first place. Any comments to the contrary simply are made out of ignorance, self-serving greed or a socialism skewed view of the world. We need to stop listening to lawyers and start listening to the freedoms which free markets create. This is not a Communist or Socialist country, this is a Republic and a Capitalistic country and it is the best country on this planet in this present period. Surely we can keep it so into the next period. It is unacceptable to make such comments in a report by the Federal Trade Commission and scary to think that a business model, which has given as much as franchising to this country would be further regulated; costing more American Jobs. Think about it. Cost-Effective? Not hardly. That is about the last thing I would describe it as. If these are the words used by attorneys in the franchising industry to describe our current disclosure requirements then such men could not possibly know their own bumper from a rabbits lair. I think you know what I am saying here. If not think about it and think about the other issues concerning over regulation in all sectors of our economy. Thanks for listening. "Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
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