Has the Federal Trade Commission run amuck? Indeed it has, it has become a problematic bureaucracy. The Federal Trade Commission lacks free market thinking. I always assumed that half of the Federal Trade Commissions staff are attorneys and the other half are economists. I think I am surprised that the economists have allowed the attorneys to win the internal struggle. Apparently the FTC needs to ditch the symbol of the scales on their logo, because nothing could be further from the truth, that symbol and what it represents has nothing to do with the current trends at the FTC.

The Federal Trade Commission needs to have a reading room, reading lists, which include economic theory, franchising history, entrepreneurship, which exceeds the hundreds of thousands of pages of law library books. This would be a worthy investment. Intelligent people make better decisions and less non-linear rule making.

We need to re-educate the liberalism of today’s Universities out of the heads at the Federal Trade Commission who must regulate or referee in the real world of modern business and reality. There is no place for pie in the sky, utopian dream rule making. You cannot have Utopia until it is earned and built by, yes, by us entrepreneurs. The laws and rules need to reflect this present period and the reality of the market place. If the Federal Trade Commission would like some titles for this new reading room, I will be glad to compile a list. We must not allow the evil, which lurks at the FTC to permeate the business community. The Federal Trade Commission is clearly “unfit to lead” such an industry like franchising.

The Federal Trade Commission and all regulatory agencies need to understand free markets and market drivers before they go meddling in them. I see that they do not. After reading a recent Franchise Report from the FTC, I the end is near for franchising and the Federal Trade Commission has no clue what to do next, so they default not to the entrepreneurs, but rather to the parasites (opinion), which brought us to this point in the first place, the gosh darn lawyers? Well, what say you? Let’s here the Federal Trade Commission Franchise Division Deny it.

Once again there will be no niceties in the salutation, I believe those must be earned. A good start would to apologize for past mistakes, come clean and reverse the trend, thus proving to the world that the Federal Trade Commission is willing to walk the talk and guide and referee America’s greatest asset into the next period, while showing the consumer that they understand the balance which is part of their adopted logo, maybe Robert Kennedy was a Libra, because that scale makes no sense in hindsight of watching their endeavors as they attack American Business and the Franchising Community. The Commission has a job to do, if it cannot do it, it is not needed. Is the Federal Trade Commission up for the challenge? Do they have what it takes to stay reality based?

Show Me. Think about it and thanks for listening to another article in the “Rants from Lance” series.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs