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Home Page › Issues & News › Politics
 

FTC Needs Rules and Regulations Overhaul

 

Author: Lance Winslow

The Federal Trade Commission needs to reduce the rules and regulations and since they are hurting American businesses, causing barriers to entry and increasing corporate monopolies they need to start over. So often, the Federal Trade Commission, which is supposedly to help prevent monopolies, ends up making so many rules and regulations that it prevents competition in the marketplace from small companies and startups.

It is amazing how well the bureaucracy works at moving our nation further away from capitalism and closer to socialism. But that should not surprise anyone considering all the employees who work at the Federal Trade Commission are generally liberals with strong liberal views, which are out-of-sync with reality of the marketplace.

The FTC or Federal Trade Commission needs to reduce its rules and regulations, by completely starting over but using the same definitions. The rules need to be simple and understandable and based on common sense.

They need not be the hundreds of thousands of pages that span 50 industries and 3000 sub sectors. It is ridiculous to think that the Federal Trade Commission serves any purpose in the present period in the United States of America. Maybe we should just close it and fire all the employees and take away their pensions and deny them any access to Government Jobs in the future; the problem with this agency is that bad. Consider this in 2006.

Author Bio:

Lance Winslow

Currently Lance is retired at age 40 and is running an Online Think Tank Forum while traveling North America. Perhaps considering something extremely challenging to do that will exercise his mind and utilize all his experiences, observations and skills. Any ideas?

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