‘Naked power grab’: FTC Chief FIRED by Trump speaks out - YouTube
In 2019, my American associate, Robert FitzPatrick,
published 'Ponzinomics.' In this book, Robert not only goes a long way towards
identifying the true nature of the 'MLM commercial' cult phenomenon, but
he also traces the history and origins of the Big 'MLM' Lie and explains
how a pair of its earliest creators managed to obtain the highest-level of
protection in the USA. As a result, politically appointed senior Federal Trade
Commission officials effectively raised the white flag of surrender to predatory
criminals, albeit dressed up as respectable businessmen, when, starting
in the 1970s and despite significant levels of complaint, they set aside an
established, common-sense legal precedent which had automatically identified and
banned endless-chain recruitment frauds, previously labelled as, 'pyramid
selling schemes.' For, even though it was under investigation and facing civil prosecution,
these senior officials latched onto a convenient pretext not to go ahead and shut-down
the corporate-front for the original 'MLM commercial' cult upon which
all subsequent versions have been, and continue to be, modelled. This dubious
decision was evidently made because the bosses of 'Amway,' Messrs.
Richard DeVos and Jay Van Andel, with a Bible in one hand and the Stars and
Stripes in the other, had purchased association with their local congressman (fifth
Michigan district) with significant quantities of stolen money. The beneficiary
of these ill-gotten gains was none other than Gerald Rudolph Ford Jnr. - a
politician not exactly noted for his intellectual capacity, but nonetheless
someone of great influence.
For those readers who are perhaps too young to remember
him, Gerald Ford was leader of the Republican party in the House of
Representatives 1965-1973, becoming US vice-president under Richard Nixon when,
in 1973, Spiro Agnew (who was under investigation for corruption), pled guilty to
a minor felony charge and was obliged to resign. Ford went on to become US
president 1974-1976 after Nixon himself was obliged to resign. Thus, Ford
remains the only person to have held both the office of US vice-president and US
president, without being elected to either. He is also the president who
granted a pardon to Nixon for the crimes he'd committed whilst in office.
However, the coopting of Gerald Ford to play the role of
‘Amway’s’ useful idiot was only one step in DeVos and Van Andel’s
well-financed infiltration, and subversion, of the US legislative process and justice
system. Indeed, there can be absolutely no doubt that, culminating in 1979, the
chiefs of an important civil regulatory agency of the US federal government
played politics, and in so doing, completely failed in their appointed task of
protecting the American public. As a direct consequence, the FTC brought about
the birth of the essentially meaningless phrase, 'Multi-Level Marketing is
legal.' In this way, an absurd, but nonetheless insidious, endless-chain
recruitment fraud was effectively authorized in the USA. Furthermore, this
major American regulatory lapse enabled the profitable racket of 'MLM commercial'
cultism not only to be extensively duplicated in the USA, but also to be
exported around the world, now hidden behind the pretence that ‘the MLM
business model (as developed by the founders of the Amway Corporation) had been
examined and approved by the US government.' Not surprisingly, subsequent
generations of politically appointed senior FTC officials have all refused to
admit publicly to their predecessors' catastrophic failure and their own
negligence - for which, one day, a sitting American government might find
itself liable. In this way, the Big ‘MLM’ Lie was permitted to transform
and expand into a well-oiled machine for stealing and laundering money on a
global scale - each year bringing billions of dollars into the USA, and all
right under the noses of officials who have continued to allow this plunder to
be falsely-declared, with the paid-compliance of some of the world's largest accountancy
firms, as 'retail sales revenue.' However, plenty of senior FTC types,
as well as high-ranking US politicians, including a certain Donald John Trump,
have all had their snouts planted in this almost bottomless trough of foreign
and domestic loot, set before them by the bosses of a multiplication of 'Amway'
copy-cat 'MLM' rackets whose essentially identical camouflaged
criminal activities they have conveniently refused to identify. Indeed, the
number of senior FTC officials who have accepted, and continue to accept,
tempting offers of well-paid employment from 'MLM' front-companies, or
law and accountancy firms, co-opted to hear no evil, see no evil and speak no
evil whilst playing along with the Big 'MLM' Lie, is truly astonishing.
All this begs the not unreasonable question: other than
enabling a growing number of unoriginal gangs of devious con artists to get
away with thieving from the entire planet for the best part of half a century,
what exactly has been the point of having such a spineless, easily-corrupted
and, therefore useless government agency as the FTC?, when in 'Ponzinomics' one
independent American does far-more to protect his fellow citizens from the Big 'MLM'
Lie, than the entire one thousand five hundred + FTC staff (including more
than five hundred attorneys and seventy economists, with an annual budget of hundreds
of millions of dollars) have ever done. In fact, Robert explains in great
detail why, completely contrary to the ambiguous official message broadcast by
the FTC for more than forty years, it has not just been ‘a few bad apples,’
but all 'Amway' copy-cat so-called 'MLM Income Opportunities' that
have been centrally controlled rigged-market swindles, hiding their inevitable
effectively 100% overall net-loss/churn rates of endless-chains of transient
participants. For the crack-pot pseudo-economic theory which has been
falsely-labelled the 'MLM business model,' was maliciously designed to
be flawed-financially, to the point where it would be impossible for any
so-called 'MLM' company to derive the majority of its revenue lawfully
from persons who are not its own ill-informed investors motivated by the false
expectation of a future reward. In even more accurate terms, 'MLM/commercial'
cults have all comprised groups, and sub-groups, of susceptible individuals
who have been subjected to identifiable, co-ordinated devious techniques of
social, psychological and physical persuasion designed to shut down their
critical and evaluative faculties, and thereby convert them, without their
fully informed consent, to the self-perpetuating, and self-destructive,
non-rational belief that: endless recruitment + endless purchases by the
recruits = endless profits for the recruits. For this reason, Robert
FitzPatrick coined the word, 'Ponzinomics,' in an attempt to place an
appropriate label on the financially suicidal activity that, to their eternal
shame, generations of senior FTC officials, their advisers and political
masters, have permitted to be passed off and normalized around the world as, ‘a
viable and legal part of the direct selling industry.'
Thus, 'Ponzinomics' can be briefly defined as the
dark art of peddling vulnerable persons infinite shares of their own
finite money, because what the FTC has consistently refused to acknowledge
publicly, is the undeniable fact that any claim, or implication, that one
penny of extra net-income, let alone life-changing sums of money,
can be generated lawfully by participating in an 'MLM business opportunity,'
is dangerous comic-book nonsense designed to entice and deceive. Indeed, it
should be glaringly obvious that the Big 'MLM' Lie is far-too-good to be
true, whilst it's no secret that what used to be the traditional direct selling
industry (once known as ‘door-to-door peddling’), has long-since died out. Its
demise being due to many evolving social and economic factors; not least the
arrival of supermarkets, hard-discount stores and online shopping. Furthermore,
'MLM' products/services have been offered at fixed, often exorbitant,
prices, rendering them effectively unsaleable on the open market to persons
with fully functioning critical and evaluative faculties; whilst no so-called 'MLM'
company has ever set common-sense limits on the number of contractors being
recruited, or on the areas of population where these so-called 'distributors/direct
sellers' are supposed to find customers. Just imagine what would
happen if the bosses of McDonalds fixed the price of their company’s hamburgers
at twice that of their competitors and set no limits on the number of
franchises they sold, or any restrictions on the locations where all these demonstrably
unviable catering establishments were supposed to operate shoulder to shoulder?
Once the utter absurdity of the so-called 'MLM
business model,' is fully understood, anyone with a modicum of
common-sense, and/or the most-rudimentary hands-on experience of commerce,
ought to be immediately able to deduce that no ‘Amway’ copy-cat so-called
'MLM' company can ever have been, or will ever be, found by the FTC
voluntarily disclosing the true results of its economically incestuous activities
and operating lawfully. Indeed, this ongoing situation is beyond farcical,
because when asked the most obvious of questions, American trade regulators,
and their academic advisers, have never been able to come up with even one
solitary example of a so-called 'MLM' company that would be able pass independent
rigorous inspection. Yet despite the lengthy list of common-sense reasons
proving that there can be no such mythical creature as ‘a viable and legal
MLM direct selling income opportunity,' FTC officials, guided by a cabal of
dunces with diplomas, came up with a truly pointless and stupid ‘test.’ This
boils down to them throwing common-sense out of the window whilst trying, on
rare occasions and on a case-by-case basis, to determine that a so-called 'MLM'
company, suspected of being a pyramid scheme, has not been deriving the
majority of its income lawfully from authentic retail sales (i.e. based on
value and demand) to members of the general public (i.e. persons who have not
been ill-informed contractors the so-called 'MLM' company).
Laughably, FTC officials have listed other ‘pyramid
scheme red flags' for the public to look out for, and the agency has even posted
stern warnings that 'MLM companies have caused, and are still causing,
extensive damage to consumers, because some MLM income opportunities are actually
pyramid schemes in disguise.' At the same time, American trade regulators,
without the slightest concern for the extensive damage they themselves have
caused and are still causing, have continued bleating the Big 'MLM' Lie,
by insisting that 'MLM is a viable and legal branch of the direct selling
industry.' Yet no one at the FTC has ever seen a shred of quantifiable
evidence proving that this ridiculous adult fairy story can be true. In
fact, when asked in the most specific of terms, if they have ever seen such
evidence, like income-tax payment receipts, it has been impossible to get any
meaningful, let alone the only truthful, answer to this simple question.
Another highly revealing question that FTC types have obviously shied away from
answering, is: what would be your own reaction if a vulnerable individual you
care about suddenly underwent a radical personality transformation, and
declared that he/she had signed up for a so-called 'MLM income opportunity?'
Thus, in respect of their Orwellian refusal to tell the
truth publicly, and identify the Big 'MLM' Lie, Robert FitzPatrick has
compared the inflexible behaviour of FTC officials, and their advisers, to a body
of humourless scientists who have been paid to investigate the manifestly preposterous
claim that 'pigs might fly,' but after decades of examining an
assortment of pigs with no wings, they still insist on continuing their futile,
but financially-profitable, quest whilst systematically refusing to accept even
the suggestion that there can be no such creature.
Obviously, with Trump currently sat in the Oval Office, the chances of any gang of 'MLM' cultic racketeers being held fully to account in the USA are effectively zero. However, that has been the shameful situation in the 'home of the brave and the land of the free' since 1979.
David Brear (copyright 2025)
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