tag:blogger.com,1999:blog-7762286463497378104.post6996903217038101568..comments2024-03-27T23:11:38.102+01:00Comments on 'MLM' The American Dream Made Nightmare: Financial journalist asks: How the fuck has the FTC allowed Herbalife?David Brearhttp://www.blogger.com/profile/11122471861776758998noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7762286463497378104.post-36806361278776246972014-12-19T10:29:48.298+01:002014-12-19T10:29:48.298+01:00Anonymous - At the beginning of the exchanges on S...Anonymous - At the beginning of the exchanges on SA , various 'Herbalife' propagandists kept saying that the damning parts of the video (which Ackman and his people selected), had been taken out of context.<br /><br />Later, it was claimed that the purpose of the meeting was for 'Herbalife' top brass to discuss how to help 'Distributors' to remain longer in 'Herbalife.'<br /><br />In reality, 'Herbalife' operates very much like a rigged casino. The longer the 'Herbalife' bosses have kept mug-punters playing at the tables, the more cash they have collected and the more fresh mug-punters they have attracted.David Brearhttps://www.blogger.com/profile/11122471861776758998noreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-66413899659226886012014-12-19T10:19:08.495+01:002014-12-19T10:19:08.495+01:00David, I see you have entered the debate on Seekin...David, I see you have entered the debate on Seeking Alpha about this video. <br /><br />SA proves everything you have written. Even when Herbalife apologists are confronted with the top guns in their gang admitting it's a deception, they still cling to their storybook just like religious fundamentalists cling to the Bible or the Koran. One of the latest comments actually says Bill Ackman 'invented' the video to manipulate Herbalife stock.. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-57039963834943364352014-12-18T10:04:33.733+01:002014-12-18T10:04:33.733+01:00Quixtarisacult - Correct, the entire phenomen of &...Quixtarisacult - Correct, the entire phenomen of 'MLM' racketeering has depended on its bosses maintaining a monopoly of information, but this monopoly is crumbling every day. There would never have never have been a private investigation of 'Herbalife' if this corporate front for fraud had not been capitalized on Wall St. The entire 'MLM' house of cards now rests on 'Herbalife' - an increasingly-flimsy foundation on which a determined heavyweight, Bill Ackman, is pulling like mad.<br /><br />That said, Bill Ackman and his researchers, would never have latched onto the 'Herbalife racket, without the unpaid efforts of numerous persons who have all been openly challenging the 'MLM' lie for years.<br /><br />Interestingly:<br /><br />When the 'Herbalife' shill, John Peterson, was recently found slumped in his Ford pick-up truck with a bullet in his head, I was asked whom I thought might of 'whacked' him?<br /><br />At that time, I gave the response that I had no hard evidence to prove that Peterson had been actually murdered, but that, due to the circumstances, I believed that the FBI should place the dark scenario that he he had been murdered (and that the killing had been made to look like a suicide), very high on their list of possibilities - and investigate accordingly.<br /><br />Peterson was one of the main 'Herbalife' shills who had been running the advanced fee frauds, but apparently Peterson, unlike others, could not be excommunicated from the gang. A rigorous criminal investigation of Peterson could have led the FBI directly into the entire 'Herbalife' racket, and ultimately into the entire phenomenon of 'MLM income oportunity' racketeering.<br /><br />In reality, the number of 'MLM' racketeers in whose financial interests it was that all criminal investigation of Peterson should be stopped, is endless.David Brearhttps://www.blogger.com/profile/11122471861776758998noreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-62876691900679484302014-12-18T09:36:59.959+01:002014-12-18T09:36:59.959+01:00Joecool. The question I was asked:'How the fuc...Joecool. The question I was asked:'How the fuck has the FTC allowed Herbalife?,' should really be: <br /><br />'Is the USA a mature democracy ruled by law, or a puerile kleptocracy ruled by narcissistic parasites and their amoral sophists.' <br /><br />I personally think that 'MLM' mobs' endless empty promises to 'have reformed their ways' have constituted obstruction of justice in order to continue to commit fraud. As such, these transparent tactics form part of an overall pattern of ongoing major racketeering activity as defined by the RICO Act. <br /><br />From my own personal exerience, I know that in the US government/Dept. of Justice, there are a number of persons of sufficiently high moral, and intellectual, callibre to realize that so-called 'MLM' represents a threat to democracy and the rule of law all around the globe. If such persons ever came to the forefront, then it would be very likely that a number of 'Herbalife' racketeers are going to get jailed, and that a rigorous investigation of the wider criminogenic phenomenon of 'MLM' racketeering, would finally be launched. <br /><br />The main factor which is protecting 'MLM' racketeers, is that there are a number of former senior US regulators, and politicians, who should themselves be facing prosecution and jail sentences. One of these persons is Mitt Romney, whom I see has reappeared on the scene again as a possible Presidential candidate.David Brearhttps://www.blogger.com/profile/11122471861776758998noreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-42076277521310548082014-12-18T04:49:23.085+01:002014-12-18T04:49:23.085+01:00David. Let's say that the Federal Trade Commi...David. Let's say that the Federal Trade Commission finally takes the final step to wind up Herbalife. Do you believe this would have wide scale repercussions and signal the end of the industry? <br /><br />Do you believe that Amway and other Amway clones depend on Herbalife's survival to keep their unscrupulous business frauds operating?<br /><br />Obviously, had Herbalife not gone public, they would not have been dissected so thoroughly in the public eye by Pershing Square. Could Herbalife's fate also describe the fate of the entire MLM industry? <br /><br />MLM is a scheme designed to recruit new customers, whose loyalty they achieve by significant myths--lies. It amazes me that more new suckers are found to replace all those that discover the bad truth and get out. The video is exposes Hebalife as a parent that cannibalizes its own children. Hardly a secret. That they can continue to be allowed to operate is a crime. It is a crime that politicians look to these schemes to fund their elections. <br /><br />quixtarisaculthttps://www.blogger.com/profile/07051645876072252255noreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-16091159478221442762014-12-18T00:55:14.321+01:002014-12-18T00:55:14.321+01:00I sort of wonder whether the FTC has the balls to ...I sort of wonder whether the FTC has the balls to shut down this scam? Somehow I believe they will force Herbalife to make changes but won't actually shut them down. Then some years from now, we'll hear the same crap that Amway IBOs used. That the FTC praised Herbalife's plan and that they are the standard for MLMs. But I hope the FTC shuts them down. There is a lot of financial damages done to people who cannot afford it. Their products, like Amway's are mostly self consumed by people chasing the residual income myth.Joecoolhttps://www.blogger.com/profile/09121920263105613498noreply@blogger.com