Bad Regulators Cost Small Businesses

When a regulator finds a target to go after to collect fees to insure next years budget, often it is a small business. In fact the definition of a small business includes what normal people might even think of as a medium sized business. Often a Federal Regulator might be a 26-year old kid fresh out of college being supervised by an older regulator. The younger regulator often wishes to secure his or her case in the name of Justice and wants to change the world being fresh out of college. But they know they must win the case.

This is when the problem starts. Usually Federal Regulatory cases come from complaints. And usually 75% of all complaints from these citizens are in fact bogus. About 25% to 35% of all complaints to regulatory bodies come from competitors. As we recently saw in the Michael Jackson case the prosecutors went after him and said they did the right thing because they received a complaint. The witness was horrible but the prosecutor said we do not pick our victims or those who come into complain.

Indeed, yet one would have to ask don't you screen them? For instance to see if the complaint is legit or if the complaintant is a competitor of the company targeted. We had a case with the FTC in our company in which 5 competitors and one former salesman for our company complained. All co-conspired and made their complaints similar. All were false. The 26-year old homosexual regulator had had collected declarations of embellishment from the competitors and the older lady a liberal from hell from Oregon was over seeing the case. The 26-year old had put together a set of profiling papers which were totally out to lunch and miss characterized our company and our team, in this 1300 pages of attached papers, there was fewer than three complete correct paragraphs in the entire set of filed documents. Apparently the 26-year old homosexual, felt to win the case he needed to file it in a secret court under judges and commissioners signature.

The case was settled with no fine and no penalty, yet the 26-year old homosexual gay male who lives in Washington DC still has a job at the Federal Trade Commission to this day. He has even signed on with the Anti-Spam Group of the consumer division of the FTC. To attain proper legal council to get the FTC to drop the case requires generally $50,000 minimum retainer. The point of the matter is no one is watching the regulators and the damage they cause to brand names and companies. In addition to this we saw the gay 26-year old attorney of the Federal Trade Commission bad mouthing President Bush on National Television over gay marriage issues in a demonstration in our Capital? Obviously he is committing sodomy on a regular basis, which is against the law, yet he is allowed to be a regulator? Additionally even though what happens behind close doors is relatively no ones business, laws out side of work from regulators should not be broken, as if they do not like the law change it. After all isn't that what they tell the business community?

If we allow regulators who are less than ethical in the laws of our land to commit such violations on personal time; no wonder we have these government lawyers running a much in our time and the publics money? We need to watch the regulatory bodies and the people who work in them under better scrutiny to protect our rights to free contract and protect the sanctity of free enterprise. This of course is merely on case. But I submit to you as sick and ugly as this sounds it is much worse in fact and further this happens every day in every agency. The system is broken and those pointing fingers at entrepreneurs and small business folks need their fingers broken. We need a complete over haul of the regulatory system, it is a waste of taxpayers money and its only use is to attack your competitors. It does not level playing fields it makes the players weak, the fans without a good game and furthers our demise in the global game. There is nothing more dishonest, incestuous and hypocritical than the regulatory agencies of the United States Federal Government. And folks I love this country and support the government, but we own and we are allowing the blob of bureaucracy to ruin all we are and all we have built. This growing blob of bullshit must be looked into or we will join the footnotes of human history as a great nation, which once was. Think on this.

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

In The News:

Back door rules 'stifle' small business loans  The Australian Financial Review

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